So an update on the potential 12h trade setups I posted lat night (on the EA, AU & UJ). Short entries were triggered on the EA & UJ and a long entry was triggered on the AU. This morning the EA was just below breakeven at the close of the 1st 12h bar and a very similar inside bar setup presented itself on the 6h so rather than potentially continue with an existing trade that could go either way I have closed the 12h EA short (see chart) for a small loss & placed orders on the 6h setup as per the following chart (and standard trade rules posted previously):
Always good to let the market decide which way it wants to go...
Cheers, Sharks
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Forex Monthly Trading Thread and setup ideas, page-655
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