Simple's Green Room

[pennies2007]

Another EU fractal reversal Trade

Haven't had much time to trade lately but I happened to come in for a few minutes and caught this setup that yielded 3.15% profit for 10.6 pips. Standard setup...wait for at least 60 pips between fractals, wait for the indicators to agree with the direction you want to trade and then pull the trigger. 10 pip stop loss with a 10 pip minimum expected TP.

I actually expect EU to continue higher but with London closing I don't want to hold right now.

Chart...