Monday, June 8, 2015
Monday @ 3.09pm
EU
Opening - 1.09?
Based on the candle from 12-3pm, it is consecutively uptrend.
Therefore based on my daily cycle trend, there`ll be reversal down towards 100 pips below from 1.1140 to 1.1040.
As of 3pm-6pm.
My calculations for a setup either uptrend or downtrend are based on the opening price of the day and range of 50pips plus spread for a possible entry point in either direction.
Actual count for Sell was at 1.1040 while buy at 1.1150.
As at present time, the HH as of this moment is 1.1152 therefore should have triggered the Uptrend movements
As of 3.29pm, the price has reached 1.1157 thus hit based on my daily range calculations but not based on the trend based.
In the interim i have set
Buy stop
1.1160 tp 1.1185 / 1.1210 / 1.1235 / 1.1260
This is at 0.01
while
Sell stop
1.1120 tp 1.1095 / 1.1070 / 1.1045 / 1.1020
This is at 0.02
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