Dusting off last nights road map, will follow the rules and play the game:
Using stop at 1.36209 for this trade, 11 pips. I preferred 13627-35 to be satisfied before choosing my entry and it still may try to tap that — SO if stop hit, may readdress again based on forecast link below BUT I WILL ADVISE a new entry based on price action IF tight stop is hit.
3598-93 must be busted downward or potential to tap 3630’s remains; will not hesitate to kill
more later
EDIT>> Update 14:50 GMT Current eure: /usd at 1.3609…..
Impressive stall. Means my trade is dead or the lunchtime slamdance will begin shortly right near or after 15ooGMT. This type of stall typically yields a push to the proper entry level (1.3630’s) versus my 3610 early entry.
Traders have sevral profit targets below:
3584, 3557, 3537, and T2 at 3477’ish. If 3584 is not burst straight through, should my 36219 stop survive, then one could choose to take some profit there or at a 3557 tap.
Due to this stall, if she shoots up for stops, this time of day I will not come back immediately to sell 3630’s as stated preference in my forecast last night. I will be patient, and allow the 3630’s-60’s to be absorbed if it spikes up at the 1500GMT cut. I am placing some limits suggested above, placing the stop at 36219 and I am stepping away now for a bit. talk later. Britt