EUR/USD Beginner Level trading - Page 45

@karbin - 6 days ago

The Monday playbook is normally the break of the first 15M of pre. It did work out okay, but I did not take the pre trade.

I was long on the Franky after first 15M, but my small SL below first 15M low was hit on this trade.

Honestly, the London move that happened today is not a playbook move. The fake of Franky by London & reversing it does happen from time to time. But Mondays are mostly trending days, so if you try to fade the move that is set from pre & Franky, generally it does not pay well.

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@karbin - 6 days ago

Quoted - karbin

The Monday playbook is normally the break of the first 15M of pre. It did work out okay, but I did not take the pre trade.

I was long on the Franky after first 15M, but my small SL below first 15M low was hit on this trade.

Honestly, the London move that happened today is not a playbook move. The fake of Franky by London & reversing it does happen from time to time. But Mondays are mostly trending days, so if you try to fade the move that is set from pre & Franky, generally it does not pay well.

The screenshot was missing in my last response.

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@yokoyi - 5 days ago

Although I didnt trade today, this would have been my trade- a short at 528 during franky.

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@karbin - 4 days ago

Quoted - yokoyi

Although I didnt trade today, this would have been my trade- a short at 528 during franky.

Fading the Asian high lows, or waiting for the break has been working well on EURUSD.

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