AUDUSD, 06/11/15, 10:51 GMT

SELL@0.7132 SL@0.7185 TP@0.6938

Monitor the pair from H4 Time-Frame.

Before you enter Short (SELL), make sure that :

1. A Bearish H4 Candlestick has closed below the KUMO.
2. Tenkan Sen (ICHIMOKU Red Line) and Kijun Sen (ICHIMOKU Blue Line) are sloping DOWNwards.
3. Chikou Span (ICHIMOKU Green Line shifted in the past) has crossed below past price action going straight DOWN.
4. Stochastics go DOWN
5. Leading KUMO’s lower edge is sharp pointing DOWNwards and its upper Edge is curved/angled downwards

STAY IN while H4 Candlesticks close below Tenkan Sen. EXIT if a bullish H4 Candlestick closes above Tenkan Sen. TRAIL your SL 15pips above each new Kijun Sen Plateau.

Happy pips!


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