Hi AZ,
This morning the setup came on a one hr. chart, the 30 didn't give anything away. On the 9:00 candle a short entry would have been made on the E/U at 1.3196. This trade had to be managed and confirmed on a 15 min TF. The 15 was beautiful. On the 15 the 9:15 candle gave a short signal and then the 9:30 candle was a 1 pip bear candle, indicating to stay short. Then at 10:00 when the Consumer Sentiment report came out the 10:00 candle closed below the 60 ema. Then it was a matter of collecting pips. Another good indicator that this trade was destined to go short was the classic 1,2,3 patten on the 9:00, 9:15, and 9:30 candles. I hope this helps.
This morning the setup came on a one hr. chart, the 30 didn't give anything away. On the 9:00 candle a short entry would have been made on the E/U at 1.3196. This trade had to be managed and confirmed on a 15 min TF. The 15 was beautiful. On the 15 the 9:15 candle gave a short signal and then the 9:30 candle was a 1 pip bear candle, indicating to stay short. Then at 10:00 when the Consumer Sentiment report came out the 10:00 candle closed below the 60 ema. Then it was a matter of collecting pips. Another good indicator that this trade was destined to go short was the classic 1,2,3 patten on the 9:00, 9:15, and 9:30 candles. I hope this helps.