Out +19 on that last trade. Rather difficult day cause I made it difficult. Well learned a few things so going to keep moving forward with what I learned. Expecting better results for the rest of this week.
Did some backtesting: 5M hidden divergence isn't a good signal means more the real signal is setting up to the other side. That real signal was 30M hidden divergence which I shorted at 12265. So far so good but it got me confused ...
Since my swingtrading fx didn't quite work out (or I don't have the proper patience) I switched to trading Dax CFD with Ticmill.co.uk. Quite satisfied with their spread (Oanda eat your heart out). At this moment I am short from 12302.
As far a I know the Nikkei was well trading over 40.000 at the end of the eighties decade we are currently at 21.000 so far from reaching the high ....
This is sooo wrong ... but narrow focused people keep on repeating this like it is some kind of mantra. Just look at the Nikkei index: long Japanese players are still waiting after 30 years to get to break even again ...
if you want to trade gbpusd futures you are better off trading the spot market through someone like tickmill.co.uk. Your spread and slippage will be way better ... + you can get more leverage (if you need so ...).
If you would provide this as a signal service I wouldn't worry about other...