If price runs over 1.5390 to gather sell stops in the LO timeframe I will be looking to short around the 1.5410 level. Should this not get hit before any fall my entry will be at 1.5380 which is my broker level at 5am.
Any fall below1.5340 or push over 1.5425 and I will not trade this LO on this basis.
The first set of buy stops have been taken. I will now remove my limit sell at 1.5410 as the trade is not panning out as I expected. Should price run up and take the sell stops above 1.5390, my entry to sell will be 1.5380 should it happen at the back end of the London Open.