Originally Posted by Lythro

When posting the pattern that helps you decide what to trade could you please post which timeframe you are reading it from so that i can attempt to follow.

Been looking at MSL and MSH today also but having trouble placing them. It's true that at nearly all the turning points there is either an MSL or MSH i'm just having trouble deciding which ones will not fail....Use a trend filter,today,as a test,I used 5 minutes in the msl/msh-after the news,I probably will stick to higher than m15 tfs ,preferably to H1 and H4,but have to try others to know ..suggested trendfilters:stlm2,200sma,200ema,200hma,satl..see what suits you best

There seems to be resistance on the gbp/jpy around 203.700 expecting MSH to form in this area as it gets tested again (already forming on the 30 minute graph)...Good,congratulations,that is a very good remark,you are right,this is killing area,so,I exited,since momentum stopped.
EUR/GBP confirmed MSH on one hour table. target 0.79100 area for me or reversal MSL whichever turns up first....let`s see what happens,EURGBP has fundamentals pushing it up(expected interest rates differential,ECB looks much tougher than BOE on decreasing...key word is expected),so,it is very tricky from a technical point of view,I closed the short, gbp has faced resistance at the other 2 trades,so,I closed all trades at a net profit,remember,they were higly correlated...I believe there will be a better short entry in a few hours
Looking forward to seeing your interpretations of future patterns and looking forward to learning from you guys