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The divergence existed for quite some time in this pair yesterday. I finally shorted at 0.8645. Stop loss was set at 0.8695, and take profit at 0.8595.
Well, I didn’t. They all happened when I was sleeping. But if you caught these, good for you. These were great profitable trades.
Looks like there may be an opportunity to sell Dollar Yen later. Right now, it is trading at 96.75. I will watch this pair for the next few hours to see if the divergence holds.
Last night, the divergence occurred at around 6 AM GMT. I placed a limit buy order at 131.70; however, the market turned higher and never looked back. The order was never filled.
