I implemented my "indicator trailing stop strategy" and closed this trade late last night for 1 pip profit! ( after coming home from the West Ham v Watford game).
You can see the magenta coloured lines on price and on the macd. This was indicating a bullish divergence between the indicator and price and whilst I love divergence in the direction of the my trade, I hate it when it is against the direction of my trade. So for those are are avid trend traders....there was a trade which was in the same direction as the weekly, daily and hourly trend and it failed.......that's the market for you!
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