I am taking it as a reversal set-up and have a sell stop at 4372.

The System II (Yes with irony)

Thank you Dim, we were all trying to speed up the learning, lol! There are so many pages to absorb from this thread. Tiring but it has been worth it.

The System II (Yes with irony)

Out for -9 too. SL at 4377 hit. Sitting on hands now.

The System II (Yes with irony)

Moved SL to 5 pips below LV , so at 4377, risk reduced to -9 from initial -20.

The System II (Yes with irony)

I went in on the break of the LH at 4382. Trying to catch the early bus.

The System II (Yes with irony)

Back in again long 4385.

The System II (Yes with irony)

LH broken so short at 4633 cancelled.

The System II (Yes with irony)

Will short at 4633 if I see a V shape (123 set-up) otherwise I am quite happy with my earlier decision to bail out when I saw price not having enough momentum to break through.

The System II (Yes with irony)

May have jumped the gun but I didn't feel confident. So when in doubt , stay out. I am still learning, lol!

The System II (Yes with irony)

Just bailed out for -3. Going to sit this out now.

The System II (Yes with irony)

In at 4369. SL at 4385.

The System II (Yes with irony)

I moved mine to the same spot too !

The System II (Yes with irony)

A reversal may be in the making as price breached the previous HL by a pip before bouncing back up a bit. Watching PA closely now. Sell stop at 4370 already in place to catch the reversal early if it comes. Nice place to be in when in the driver's ...

The System II (Yes with irony)

Stop moved to 4370. Have a sell stop at the same level too.

The System II (Yes with irony)

Trade Update. SL moved to 4365, 3 pips below the HL.

The System II (Yes with irony)

Short closed at 4355 and reverse trade taken at same level.

The System II (Yes with irony)

Price appears to be going nicely in my direction. I now have the option of moving my SL to BE or to 4355 (3 pips above the fcr). Have decided to move it to BE for now but if it breaks the LL, I will move it to just above the fcr. I now have a risk ...

The System II (Yes with irony)

Stop moved to 5 pips above LV . So risk is now only -5. Waiting to see if the first hurdle can be passed, then will move stop to BE. Could this be the runner ? Who knows ? According to FXA's stats(from his live trades) the runners only accounted for ...

The System II (Yes with irony)

My short trade triggered. Moved SL to 5 pips above LV.

The System II (Yes with irony)

Have a sell stop at 4358. Waiting to see if that fractal will get broken. I'm twisting and turning with the market , using FXA's defensive plays to preserve and protect while looking for that runner.

The System II (Yes with irony)