AUDUSD, 16/09/15 @06:22 GMT

BUY@0.7155 SL@0.7051 TP@0.7329

Monitor the pair from H4 Time-Frame.

Make sure Tenkan Sen is sloping UPwards before you BUY.

If you are a Nervous Trader, STAY IN while H4 Candlesticks close above Tenkan Sen. EXIT when a bearish candlestick closes below Tenkan Sen. Trail your SL below each Kijun Sen Plateau.

If you are a Cool Trader, STAY IN while KIJUN SEN goes UP on H4 TF, trailing your SL below the KUMO. When you see bearish candlestick closing below BOTH TS and KS with BOTH Lines Sloping Downwards, consider EXITING, unless the picture on DAILY TF remains clearly BULLISH, therefore allowing you to switch to DAILY monitoring pair’s move from there following the same STAY IN/SL TRAILING/EXIT Criteria on DAILY TF.

Happy pips!


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