Switched to eurjpy when I saw this long rectangle forming after Tokyo close. Entered a little bit prematurely, the higher low that followed my entry kept me in the trade. Second trade entered on CCI divergence AND price kicking the upper bolinger on hourly chart.
Tuesday, May 12, 2009
Rectangle again
Switched to eurjpy when I saw this long rectangle forming after Tokyo close. Entered a little bit prematurely, the higher low that followed my entry kept me in the trade. Second trade entered on CCI divergence AND price kicking the upper bolinger on hourly chart.
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This is very rare and I have really not seen this happening too often but if we are able to spot this correct then there can be serious profit made. I am using the latest platform cTrader, it’s a superb trading software which is up to date with latest technology added and is provided by multiple award winning company OctaFX, it is also regulated and a true ECN broker so have provided such awesome platform which is also especially develop for ECN traders.
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