Morning Trade Review
GBPUSD Breakout for Long was invalid.
Breakout for Short entered and gained profit around than 30 pips.
Aggressive trade is over operation time.

EURUSD Breakout for Short failed to enter setup.
Aggressive trade entered and gained profit around than 30 pips.
Breakout for Long entered but profit is very less or no win no lose {close trade if cannot break the lowest price in 3 hours time, observe the direction before re-enter again}

As stated in foreword of Morning Strategy {the market was expected to trade in narrow range from 80 to 120 pips}, GBPUSD trended in 120pips range and EURUSD traded in 80pips. Although FOMC is highly possible to keep the rate unchanged around 2:15am, but the market is move in unusual way this afternoon. For tonight plan, trader can
“Sell high” entry at {GBPUSD1．5200，EURUSD1．3750}
“Buy low” entry at {GBPUSD1．5050～1．4980，EURUSD1．3650～1．3600}

Recommend strategy: "Sell High" + "Buy Low" to trade in the high and low point in the range, keep Take Profit in your pocket is the best way.

GBPUSD - Breakout Strategy
Long - EP{1.5228}, SL {1.5191}, TP- 1.5333.
Short - EP {1.5091}, SL {1.5119}, TP – 1.4988

EURUSD - Breakout Strategy [/u]
Long - EP{1.3778}, SL {1.3741}, TP- 1.3873.
Short- EP {1.3721}, SL {1.3759}, TP- 1.3608
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

After 23:15 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1．5228}, EURUSD{1．3778}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 23:15 the market trends down but failed to break Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a [color=Green]Long[/color] trade, SL is 28 pips away from EP.

Aggresive trader
GBPUSD Sell - EP “1.5200”,
EURUSD Sell - EP “1.3760”,
When the market is no longer going upward instead it reversed downward, now it is time to enter [color=Blue]Short[/color] trade, SL is 38 pips away from EP.

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. The preference to enter market: “Aggressive trader” strategy will be the first choice, breakout for Long/Short will be second choice.

Buy Low trader pays attention to the major line of
GBPUSD {1.5050 - 1.4980}, EURUSD {1.3650 – 1.3600}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.