AUDUSD, 12/08/15 @11:06 GMT

WAIT for a Bullish KUMO Breakout to happen on H4 Time-Frame, then go down to H1 Time-Frame and WAIT for the price to make a Bullish KUMO Breakout so the picture is 100% Bullish and after these two Criteria are met, go down to M30 Time-Frame and WAIT PATIENTLY for a Downward Correction. You want to see the price closing below Tenkan Sen on M30 TF and then you’ll have to WAIT till the downward move is OVER.

BUY when you see a strong Bullish Candlestick Closing above Tenkan Sen on M30 Time-Frame with Tenkan Sen going UP. Place your SL 15-20pips below last Kijun Sen Plateau on M30 TF and trail it below each new Kijun Sen Plateau. Stay IN while M30 Candlesticks close above Tenkan Sen on M30 TF. EXIT when a bearish candlestick closes below Tenkan Sen. WAIT for the correction to finish and BUY again after a Bullish Candlestick closes above Tenkan Sen with Tenkan Sen going UP.

Happy pips!


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