Getting up to date so I can then do a daily commentary

OK, the next 2 trades showed a new level setup during London, followed by a clear stop run and a great entry - Sterling was in the room when this trade was taken and he said its a good entry - BUT the market hasnt moved 90 pips, a major criteria of the NY reversal. And as we can see from the 2nd Chart - this trade ended up in a loss or -1R

LEARNING POINT - A NY REVERSAL TRADE NEEDS TO OF

 MOVED AT LEAST 90 

PIPS

 OK, Another GU entry below, a little bit of manipulation out of Asia and a large move up, followed by a big bounce off the daily highs.
 

This moved a little in my direction but after such a strong set of legs rejecting 55EMA and with NY approaching - it may of been exiting this trade at that point. I took an aggressive trade on this though and went out at BE

SO after 5  Trade I am  +40 pips. 
I also wanted to post some mini trades

An Update to my 20 DTFL Trades Summary

Trade 2

OK, the entry from the lows was text book though the confirming candle didn't give enough of a pullball to within 15 pips. What we had was a breakout to the high, then a stop run to the low, a morning star rejecting it, then boom.

At the top we have 3 stop runs at a key level, there was the smallest of confirming entries down and the next candle gave a solid pullback to the level. - The only thing against it was a reversal trade should move at least 90 pips - this moved about 50.

OK, price reversed nicely but found support at the 55EMA, it was 12.00 London at this time so that may of been a decent time to get out, though trading strict DTFL, SL was setup to BE at NY open and I was stopped out at Break even.

So after 2 Trades I am +40 pips, +2R

Monday 21st August, 2013C:\Users\Sean\Desktop\20 Perfect Trades\5.jpg

C:\Users\Sean\Desktop\20 Perfect Trades\5.jpg. 

Trade 1

After a strong level made stronger after the asian range, the london session started at the very top of the range, followed by a large move down and a stop run of the asian lows. The confirming candle was excellent so on a small Pullback for a 10 pip SL I entered Long with a TP of +40.

This trade quickly hit the +40 and I exited at the stop run candle at the first level, I could of let this go as the second candle didn't confirm down and could of exited on the next arrow up, - The trade ending up touching ADR.

• Trade Summary
• Trade 1 - +2R - +40pips 
• Overall Summary
• No of Trades, 1 - Total R/R - +2 - Pips +40

____________________