Simple Boring Daily Trading

Been playing around with FX for 2-3 years now, finally managed to mess with longer TFs like 4h-Daily.
Just need a "public" place to keep my trading & analysis in check, will post analysis at US Close + sometimes London Open.

My Trading Plan is simple: Use S&R lines from Daily charts, then use Daily & H4 to finetune the entry using Candle Stick Patterns.
Looking for entries next week:
Maybe a Short on the EU
S/L on UC depends on action (beneath 1.6 or above 1.62 )
Short on EJ


I attached two screenshots to show you my tradingstyle (EU D1/H4).

I continually draw & remove S/Rs on the EU wherever they are important and up to date.

This way i channel the price into a zone, once the price gets close to the S/R lines I check H4 for reversal patterns, or wait for a break,retrace,(use as support) move on pattern.

On the second chart you see the H4 for the same time and my two trades.

I place my SL a few pips beneath the S/R line (20ish).

First one closed at 1.392
Second one closed at 1.396

Put a Limit order on UC at 1590 Short (target 50-70 pips)
MIssed the one on the EJ though.
Market seems pretty much undecided.

Still in:
limit order on UC short,
will look for short on CHFJPY and GBPUSD (broken trendline, now looking for a small retrace + bounce of resistance/former support)
Also looking short on EURGBP.

UC short triggered,
TP is 1.1510
Place Short order on EURGBP at 0.8571

Just took the one trade last week which hit the SL.

Anyways I figured I should work on my system a little bit more after reading DanUKs thread, so I will pretty much try something very similar (still incorperating the S/R levels on Daily charts though).

I will trade:
EURUSD
GBPUSD
USDJPY

determining S/R levels on Daily Chart, Trend also from daily chart (basically defined like WIlliams did it)
and then enter on "cheap price" = retracements back to round numbers & S/R Zones.

So right now directions are:

GU: Short
EU: Short/too choppy to decide
UJ: Short

Possible Entries

GU: Possibly 1.6200
UJ: 93.00 and 93.50

I'll try to check the charts 3 times a day, to make sure I do not miss any entries. (Once before London open, Once at NY Open, and once at NY close)

Found my entry on GU:
Short 1.6250 SL 100 pips away.