Start the week by Doing the right thing.

FX:EURUSD   Euro Fx/U.S. Dollar
192 11 0
Only One thing in mind:
Executing this ZZ set perfectly.

I will.
No monkey business..no excuses, no reason not to.

just do it
2:37 am

1.3602 I start thinking I see something happening.

I see a first attempt to open the range lower, and a illusionnary 10 pips peak right over 1.3607...

What I did: pressed on the bear with a bearish spread 2:1 risking the same amount (10 pips) but with two positions for the same price.
What I feel would be better, would be placing short stop right above 1.3611... but its currently at the high of that imaginary peak of 1.3607... fix it.
go neutral right over 1.3607, and net bull over 1.3611 for twice the size. and take your target.

net bull
focus on reaching your target
Anticipate what could go wrong. scenario B: fade and down.
what price says: ZZ working its way up.
Lower low maybe on a 3h structure looking to challenge the last lower high,.,,,of 1.3625

1.3594 is trouble. Place your response to that opportunity. And lets see if scenario A can fold out easily.
Now focus on recuperating loss and take your pips.
ok, what kind of ZZ is this? Will it break structure high? or will it form another lower high?
Consider scaling out strddling my way up there.

Now straddle one at theese levels, securing trailing loss, and move bulls spead stops to BE.
Back to neutral, with 15 pips locked in. Now lets manage thees exits the best way As The day is done, and target is reached.
go net bear under 1.3619 as my bulls are stopped out in gain, and look to gain maybe 6-7 pips on the pull back from my shorts depending if this is a real leg up or down in a higher time frame. What ever it is, all I want is to get out nicely grabbing a few extra pips. Going up? Ill ride you no problem and then take whats mine. LEts see what happens
there will be a pull back, or a break out...just chill out, and enjoy the show. When things look settled exit with style.
Does suck to miss out on the move....But who cares,
You have already win your bet, as scenario A out played out.

Many people positing bat patterns around 1.3680 ...who knows... I must find an exhaustion point like over 1.3650++ and start cashing out my straddle.
If not, it will happen around thees levels...lets see
heading to stop out all the 1.3650's
LEts see, news on the way.
use this news to work your way out of this straddle. expect volatility. expect an excuse for the market to freak some people out..
As Scenario A played out, My straddled exit necessitated a plan D that was not prepared in advance. I build it, and respected it and got my pips and more.
Good trading today. Got A bit greedy and lucky, but I did it respecting my plan and my MM. Cool.

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