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GBPAUD SignalTrader Divergence

Overnight the GPBAUD pair railed up against my trade. Right now it is returning back down from whence it came.

As you can see from this daily chart, the SignalTrader Massive (that’s the bottom indicator) is showing divergence where the price has been going up but BOTH AUD and GBP are falling. This NORMALLY results in a reversal of price, so the price will fall and be drawn to the downside by both pairs falling. At present GBP has become weaker than AUD we’re just waiting for the break.

My AUDNZD is sitting 103 pips profit 20 pips to target in a short opened 5 days ago.

http://www.strobot.co.uk

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