Euro day trading strategy uses the PHOD and PLOD as big clues

The euro currency futures trading inside the range from Tuesday,
so looking to use the PHOD and plod as trading opportunities. As price falls I’m buying the lows, and as
price rises I’m selling the highs when we are inside trading day.

First thing, we need to trade the highs and the lows of the price
wedge. If price rises I’m selling the price
wedge highs and the PHOD resistance above the price wedge. Remember price wedge structure SCREAMS at us
to fade-the-breakouts so as price rises I’m selling, but at some point above
1.3300 I can look to buy pullbacks however right now we will wait to see the market
personality at the highs.

If price falls I’m buying the lows of the price
wedge and the trigger-zone support as low as 1.3200 and if price moves below
3200 we then sell retracements with the target of 3178 and then look to buy
3178 at the PLOD and if price moves below PLOD we then have sellers in control and
we sell retracements down to 3150.