Following the big money

Good work today, markets were very hard with yen bank hol

hey srmfx,
i have a question about your STE-entry.
I know how the TTE works and you wrote with the STE you get in earlier, but how do you know when to get in ? Is this based on your tape reading skills with the quotes?

thanks

My entry is on support or resistance levels at 1M chart and usually it is 20 or 50 EMA. The exact point of the position is determined by reading of the quote moves.

1st part at +5.8p, 2nd at +17.3p. Stop at -4p.

Stop at +1p.

Stop at +6p.

Stop at +20p.

3rd part closed at +42p. I don't want to have a position before the ZEW survey.

Asian sovereigns were buying this morning and I hope I joined them.
1st part at +6p, 2nd at +10p, stop at -5p.

Stop at +16p. Hope stops above 1.4220/30 will be attacked.

Last part was stopped and I could cover the stops of the previous 2 positions. Fortunately they where of smaller size and I'm with some profit today.

EURUSD was forming a base for another push higher. 1st part at +6p, 2nd at +10.7p. Stop at -5p.

When I don't like the euro, gbp could be an option. +7.3p, +8.3P. Stop is at -6p.

Last part closed at BE.

+6.4p. +10.4p. Stop at -5.8p

Last part closed for 21p profit.

After almost 1.5 figures rally of EURUSD during the Asian session I prefer to use STE for scalping. Stop was 3.3p, profit 4p.

Almost 14p profit with 6p stop.

STE. Initial stop is 4.5p. 1st pat closed for 5.6p profit.

2nd part closed for 9p profit. If the pair breaks below 1.4340 I'll move the stop to BE.