USDJPY, Monday, 01/02/16, @08:32 GMT

SELL@120.77 SL@121.58 TP@119.10 ……. OR….

BUY@121.58 SL@120.77 TP@123.93

Before you SELL make sure that :

1. A Bearish H1 Candlestick closes below the Lower BBAND
2. Median BBAND is curved downwards making a KNEE
3. Upper/Lower BBANDS Edges are turned outwards forming a FUNNEL
4. Tenkan Sen has crossed below Kijun Sen
5. BOTH Tenkan Sen and Kijun Sen are in proper Bearish Order sloping Downwards
6. Chikou Span has crossed below past price action going DOWN
7. Leading KUMO shows BULLISH Momentum decreasing.
8. Stochastics go Down

Watch the VIDEO for the STAY IN/EXIT Criteria in case you want to manage the Trade.

Before you BUY make sure that :

1. A Bullish H1 Candlestick closes above the Upper BBAND
2. Median BBAND is curved upwards making a KNEE
3. Upper/Lower BBANDS Edges are turned outwards forming a FUNNEL
4. BOTH Tenkan Sen and Kijun Sen are in proper Bullish Order sloping Upwards
5. Chikou Span going straight UP
6. Leading KUMO shows BULLISH Momentum increasing with upper edge being sharp pointing UPwards and lower border curved/sloping UPwards.
7. Stochastics go UP

Watch the VIDEO for the STAY IN/EXIT Criteria in case you want to manage the Trade.

Happy pips!

Sofia

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