"Take Risks: If you win, you will be happy; if you lose, you will be wise. Nothing ventured, nothing gained."

Thursday, November 26, 2009

Hidden Bearish Divergence on Eur/Usd

Another divergence signal. they call it the Hidden Divergence short Eur/Usd where price is making a Lower High (LH) and oscillator is making a Higher High (HH), a hidden bearish divergence.

Check out my markings in Pink. Although price hit to 1.5042 (continuing as i wrote this, a little heart pain if only if only i was still in the trade, but we have to have target in a trade), i set my t-p only at 1.5055. a short scalp of +8 pips only. thats it for my night.


After (still going down)


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