USDCAD, 30/06/15 @11:52 GMT

SELL@1.2384 SL@1.2426 TP@1.2310

Market is in a RANGEBOUND Condition on H4 TF of the pair and this is apparent by the fact that three Bollinger Bands are almost PARALLEL to each other.

Nevertheless, if your DAILY PIPS TARGET is 20PIPS -I suggest no more- then, you should rather set your TP at 40pips and leave the trade alone.

Happy pips!


EURJPY, 30/06/15 @05:56 GMT

SELL@136.87 SL@138.12 TP@133.85

The Entry/SL/TP I gave above are in case you can take the risk entering from H4 Time-Frame. In case you can’t, go down to H1, M30 or even M15 looking for a nice SHORT ENTRY from there with all 6 Entry Criteria met. Instead of going for 300pips, focus on your Daily Pips Target which shouldn’t be more than 20 and try to lock 40pips+ AS FAST AS POSSIBLE instead of burning your stomach in front of your monitor waiting for the price to hit the Upper Border of the KUMO on Daily.

If you enter from any smaller TF than H4, use the following Trade Management rules :

1. STAY IN while candlesticks Close below Tenkan Sen. EXIT when one Bullish Candlestick closes above Tenkan Sen.

2. TRAIL your SL a few pips above each Plateau KIJUN SEN (ICHIMOKU Blue Line) makes, therefore moving it down STEP BY STEP going down the Kijun Sen STAIRS.

Happy pips!