SELL@123.20 SL@123.76 TP@122.44 …..OR……..
BUY@123.78 SL@123.20 TP@124.15 (up to 124.67)
Monitor the pair from H4 Time-Frame and make sure ALL YOUR ENTRY CRITERIA are met.
Before SELLING make sure a Big Bearish candlestick closes below Lower Bollinger Band -or a breakout candlestick crosses below that level- with Median BBand , Tenkan Sen, Stochastics and Chikou Span going DOWN.
Before BUYING make sure a Big Bullish candlestick closes above Upper Bollinger Band -or a breakout candlestick crosses above that level- with Median BBand , Tenkan Sen, Stochastics and Chikou Span going UP.
Once you are in the trade, keep your eyes nailed to Stochastics switching to H1 Time-Frame. In case of Downward Move, EXIT if Stochastics make a Bullish Crossover below 20-Level Line.
In case of Upward Move, EXIT if Stochastics make a Bearish Crossover above 80-level Line.
In that case, ignore TP if they are promising you more pips. Grab your pips and get out. The best trader is not the one who makes the most pips but the one who KEEPS THE MOST PIPS FASTER.