Awesome Oscillator Divergence in USD/JPY - Trade Closed
May 13, 2009
Bummer! This trade is a loss. Didn’t I say Dollar Yen was crazy before? Anyway, I bought at 96.15 and placed the take profit at 97.15, and stop loss at 95.15. The low was at around 95.13. How lucky of me for my stop loss to get hit! Just at around the same when I entered the buy order yesterday, Euro Dollar and Pound Dollar both pairs also showed divergence as well. Why did I decide to trade this crazy Dollar Yen which is totally puzzling me right now? Why didn’t I just trade EUR/USD or GBP/USD? Both would have been winners. Silly silly me!

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May 13, 09 at 7:59 pm[…] 5/13/09 Update […]