BUY@1.1298 SL@1.1196 TP@1.1406 ……OR….

SELL@1.1173 SL@1.1240 TP@1.1087 (down to 1.0885)

Monitor the trade from H4 Time-Frame.

Before you BUY make sure that :

1. a Bullish H4 Candlestick closes above the KUMO
2. Tenkan Sen (ICHIMOKU Red Line) is sloping UPwards
3. Kijun Sen (ICHIMOKU Blue Line) is sloping UPwards
4. Chikou Span (ICHIMOKU Green Line) has crossed above past KUMO going UPwards
5. Median Bollinger Band is sloping UPwards
6. Stochastics are going UP
7. The Lower Border of the leading KUMO (Senkou Span A) is curved/sloping UPwards (or Bullish KUMO has been born)
8. The Upper Border of the leading KUMO (Senkou Span B) is curved/sloping DOWNwards (or Bullish KUMO has been born)

If ONE of the Criteria is NOT met, stay out and WAIT!

If you enter Long (BUY), STAY IN while H4 Candlesticks close above Tenkan Sen. EXIT when a bearish H4 Candlestick closes below Tenkan Sen. No SL trailing.

Before you SELL make sure that:

1. a Bearish H4 Candlestick closes below Median Bollinger Band, Tenkan Sen and Kijun Sen.
2. Tenkan Sen is angled DOWNwards
3. Kijun Sen is sloping DOWNwards
4. Median Bollinger Band is sloping DOWNwards
5. Chikou Span has crossed below past price action going DOWN
6. Stochastics go DOWN
7. The Lower edge of the leading KUMO (Senkou Span A) is sharp pointing DOWNwards
8. The Upper edge of the leading KUMO (Senkou Span B) is curved/sloping DOWNwards.

If ONE of the Criteria is NOT met, stay out and WAIT!

If you enter Short (SELL), STAY IN while H4 Candlesticks close below Tenkan Sen. EXIT when a bullish H4 Candlestick closes above Tenkan Sen. Trail your SL a few pips (about 15-20) above each Kijun Sen Plateau.

Happy pips!

Sofia

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