Static time cycles, oscillator divergence, 360* of price, and a larger frame double bottom led to a nice trade on the GBPJPY today mid morning. Candle charts are 15m. The one showing sq9 squares is 1h.
Entry:
http://img219.imageshack.us/my.php?image=tp_70Nov13.gif
http://img219.imageshack.us/my.php?image=tp_71Nov13.gif
Exit:
http://img219.imageshack.us/my.php?image=tp_72Nov13.gif
The exit was a bit pre-mature in that I existed at the cluster of pivot levels without waiting for any kind of reversal or end of move indication.
A bit later today or tomorrow I'll post some other trades I made yesterday that show that even nailing tops and bottoms to the minute don't guarantee profitability.
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