here's the build I'm running. Been doing solo jailer/butcher runs for a couple days now with maybe 2-3 deaths on elite mobs throughout that time:
http://us.battle.net/d3/en/calculator/monk#baXgTh!UYT!cabacZI run 1 handed weapon with shield. Here's my stats (keep in mind my damage goes up to around 15k when i pop heal + 3 hits on my primary attack):

I usually attack with my right click (teleport skill) since it attacks fastest, has a knockback, and regens spirit fastest.
- A good tactic is to tele onto them with right click, attack 3 times with left click to get the damage buff, then switch back to right click.
For elite mobs if they have molten, desecrate, etc I use shift+left click to kite them while still doing decent damage and tele stomp them whenever serenity is on cooldown.
Use 7 sided strike in the following situations:
an "oh crap" button if elites jump on you/you need to avoid some sort of damage immediately (works well vs frozen as well. use serenity to dodge one frozen ball wave, use 7 sided strike to dodge the next, etc)
a large group of enemies is gathered in a small area - with the last rune on it, you do 111% weapon damage as splash damage around whoever you're hitting. so if they're all together they're going to take a lot of damage. This works really well against illusionist elites to clear out their clones.
let me know if you have any questions.
This post was edited by DoomOnYou on May 25 2012 01:36pm