Originally Posted by ;
This is exactly what I am doing now. I watch during semester and forecast some crosses and put up some stop orders based on those crosses. However, I consider this to be rather risky. However, if there's a crossover during the session, I would definitely jump in if the price reaches the amount.
The rules I follow rigorously are the 25 pip filter and the 100wma which acts as a support/resistance level. A lot of times you will see some bounces and in these times you should be careful and twist your stop. Also I don't enter trades after 12pm EST..
I only trade the 4 recommended pairs and usually I just select one out of the EUR, GBP and CHF. I discovered it too tired to handle all three pairs so I usually select the one I feel most comfortable with in the market state and take a good look.