USDCAD, 07/10/15 @18:50 GMT

BUY@1.3079 SL@1.3009 TP@1.3170

Monitor the pair from H1 Time-Frame.

Before you BUY, make sure that BOTH Tenkan Sen and Kijun Sen are sloping UPwards, while Chikou Span has crossed above past Price Action, above past Tenkan Sen and above past Kijun Sen.

Because price may want to make a statistical validation plunge down to the Median Bollinger Band when it touches the lower Border of the KUMO, you BUY only if Tenkan Sen and Kijun Sen are sloping upwards showing strong Bullish Momentum, otherwise, WAIT for the move to the Median BBand to finish before you enter with a Bullish Candlestick closing above BOTH TS and KS with BOTH Lines sloping UP.

Trail your SL a few pips below KS.

STAY IN while H1 Candlesticks close above TS.

EXIT when a bearish H1 Candlestick closes below Tenkan Sen.

RE-ENTER when a bullish candlestick closes above BOTH TS and KS with both TS and KS sloping UPwards.

Happy pips!


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