EURUSD, 19/08/15 @06:26 GMT

SELL@1.1040 SL@1.1115 TP@1.0868 ………OR…….

BUY@1.1145 SL@1.1067 TP@1.1403

Monitor the pair from H4 Time-Frame. Right now the price is making an UPWARD Statistical Validation Move to the Median Bollinger Band. If you want to trade this move, do it from M15 Time-Frame BUYING with a strong Bullish Price/Tenkan Sen Cross and TS going Up, staying in while M15 Candlesticks close above Tenkan Sen and EXIT when a bearish M15 candlestick closes below TS. But I suggest you WAIT for the Upward Move to finish and position yourself SHORT (SELL) only on the condition a H4 Candlestick closes below Tenkan Sen with Tenkan Sen going Down.

If on the other hand, price on H4 Time-Frame closes above Kijun Sen and goes even higher with Tenkan Sen crossing above Kijun Sen too and Chikou Span crossing above past price action, BUY if you see Kijun Sen also going UP.

Happy pips!


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