Awesome Oscillator Divergence Appeared in Euro Dollar. Who Knew?
April 13, 2009
I didn’t take this trade because the divergence appeared right on Friday before the Easter weekend. I normally don’t like to leave positions opened over the weekend due to the uncertainly. Who knew? Euro rallied as soon as markets opened after the Easter weekend. Had we opened a long position at around 1.3120 with the regular 100 pips take profit at 1.3220, and stop loss at 1.3020, the long position would have brought in a 100-pip profit at around 12:00 GMT today. Who knew!
