A frustrating ‘look what you could have won’ week. Our $USDJPY long trade idea peaked at over 220 pips above our entry point, but failed to hit the box by probably less than a pip (due to spread!). A similar story on the third $EURUSD trade idea which opened too far out of the Box to be valid, but again went on to peak at nearly 100 pips above! We ended the week with a modest 34 pip loss from the trade ideas.
BIG news is that there is now a Divergence Filter in the Box EA, which will only trigger a trade if divergence is seen on multiple time frames. This option is trader selectable, but this week we will be trying it out in our trade ideas!