EU - GU - GJ TRO SETUP TRADES

[monarch]

Update: EU Short Exit +7 and +18 corrected (2nd entry on top stall)

A fine morning

3 trades all SHORT from the Daily Zone
+ 32 pips

[monarch]

4:25 pm (EST)

4 hour long entry 1.4962 EU

Update: 6:40 pm
With over 2 hours from my entry, price has went 7 pips both ways.
Asia opens in 20 minutes.

[monarch]

Okay, I held the Long through the beginning of asia open, and seen the price come up and said, yesterday I had the same scenario and let it go a loser.

I exited with +8 pips on that trade, 7 is my normal target, so all is good.

[monarch]

GU has reached the high from yesterday so far in the early stage of Asia.

I have a Short triggered at 1.6602

Target +7
Stop at break above the high level

[monarch]

GU 15 min formed perfectly with some stall on the 5min charts at yesterdays high.

[monarch]

GU Short Exit +7 pips
7:50 pm (EST)

[monarch]

Today's Total +47 pips

[monarch]

Heading out for a few hours will check back around 10pm EST.

Cheers,
Monarch

[monarch]

EU formed a #3 on the 15 min at 1:15 am (EST)

Price flirted with the high at 1.5005 on the 5 min and I entered a SHORT at 1.4996 at 2:13 am

Exit +7 pips

[monarch]

During the Frankfurt hour and start of London I had a few areas on the GU 4hour marked for stall and pullback so I set up 5 stages of shorts while I slept.

4 Short entries triggered and missed my 5th by a few pips.

Total on Reversal/Stall Strategy

-9 pips
+3 pips
+16 pips
+31 pips

Total +41 pips

No trades till Asia open today