GBPUSD, 19/06/15 @05:40 GMT

SELL@1.5830 SL@1.5921 TP@1.5723 (down to 1.5544) …..OR…….

BUY@1.5925 SL@1.5847 TP@1.6086

Monitor the pair from H1 Time-Frame. Make sure ALL your ENTRY Criteria are met before you Enter.

If you want to Follow Breakout’s STAY-IN/EXIT Criteria instead of waiting for TP to be hit, after you Enter, and once Breakout starts, switch to M30 Time-Frame. From there you have two options :

1. EXIT Short (SELL) Position when Stochastics make a Bullish Crossover below 20-Level Line and EXIT Long (BUY) Position when Stochastics make a Bearish Crossover above 80-Level Line. You’ll make and KEEP fewer pips but IN A VERY SHORT TIME this way.

2. STAY IN Short (SELL) as candlesticks close below Tenkan Sen (ICHIMOKU Red Line), EXIT when one candlestick closes above Tenkan Sen. STAY IN Long (BUY) as candlesticks close above Tenkan Sen (ICHIMOKU Red Line), EXIT when one candlestick closes below Tenkan Sen. This way you will KEEP a bit more pips but may take a BIT MORE Time.

Happy pips!

Sofia

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