Practical exercise 8 – Battle Plan

[Steve Hall]

Here is my daily battle plan example (attached are some charts to show the indicators) – all comments welcome!

Steve

GBPUSD 25th August

Above MOR in buyers control phase

Look for buying opportunities

engulfing patterns on 15min

MA crossovers on 5min

Levels to watch

50 gann with 138.2 fib – 1.5806 to 1.5815

75 gann – 1.5840

Daily Resistance – 1.5856

Data

Some important US data out between 2-3pm GMT</p>

Attachments:

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[Lewis Nicolson]

Hi Scott,

Looks good to me, I’m guessing that DOR filter stopped you from trading this?

I personally would wait for the market to break above resistance on the 15min chart and then aim for targets around your 75gann line, I would maybe try and find my targets on the 1hr chart.

Cheers,

Lewis

[Author]

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