Wednesday, March 31, 2010

And Just Why Shouldn't I Do Some Revenge Trading?



I've got a technical reason now! Four in fact.



Look at RSI, MACD histogram, MACD, and Stochastics - all showing bearish divergences.



I got in with a bullish divergence. Technically, I should have gotten out with a bearish divergence. DIDO = Divergence In, Divergence Out



See chart below...



GBP/USD 15 minute











No comments: