- New York kill zone
- SMT divergence
- USDx divergence
I was hoping that this would be an OTE on 1hour chart for a pullback to go long until Friday. But at the same time without stochastic and/or A/D divergence I knew I was trading against the daily bias I was watching very carefully. In this case moving my stop when it got to 20 pips profit saved me any loss (actually profited $1.20!!).
When I saw the hammer form on the 1 hour chart I had a good idea we were going nowhere.
I only wish I had went short on the nice retracement on the cable but I was not at the charts at that time.
Bias is a bit muddled right now. 4 hour market flow down and I don't like trading against that.
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