Time to review charts from earlier this week. There are always things to learn or relearn.
Although I did well with this weeks charts, I'm including a USD/JPY chart cause It was the best setup of the three. I was only vaguely paying attention to this simple setup... The primary lesson I relearned thiis week is that you do not get more points for going more complex. The market doesn't care either way and is not impressed. The more complex you go the more there is to consider, and the more there is to get wrong.
EUR/USD 240min: Price reset back to the extreme of both the Center Line and the lower MLH of the Modified Schiff Median Line. Price probes the reaction line and those tops washing traders out. It then closed back under leaving a solid entry with built in stop. Having a good place for a stop is an important part of any trade.
USD/CAD 240min: This was straight out of the original Action Reaction Course which is on this site free for anyone to view
USD/JPY 240mim: The Grey Median Line set carried the downtrend well and showed you when price was coming out of that trend. Then handed off to the next set of pivots which that gave us the Blue Modified Schiff Median Line. Price did a classic test/retest entry at the lower parallel giving you all kinds of buyers to lean on. Tim Morge has been showing this trade for years.