EURJPY, 17/06/15 @12:37 GMT

BUY@139.70 SL@138.87 TP@140.90 (up to 141.96)

Monitor the pair from H4 Time-Frame. If your RISK Management rules do not allow you to take a RISK of 100pips, WAIT for a valid Correction on M30 TF (bearish Price/Tenkan Sen cross) and BUY from there if all LONG ENTRY Criteria are met, placing your SL a few pips below Kijun Sen and Trailing it from there.

Alternatively, you can monitor the pair from H1 TF and EXIT when Stochastics make a Bearish Crossover above 80-Level Line.

If you monitor the trade from H4 TF, trail your SL 20+pips below Kijun Sen and STAY IN while candlesticks close above Tenkan Sen. EXIT when a candlestick closes below Tenkan Sen.

Happy pips!


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