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USDJPY 15M ASIAN SESSION TIM'S MA CROSS STRATEGY

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Tradingstrategyguides  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Exponential Moving Average (EMA) 100sma crossovertrading breakouttrading sellstop tradingstrategyguides 15m USDJPY forextrading
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trendanalysis chartpattern indicator ema 100sma crossovertrading breakouttrading sellstop tradingstrategyguides 15m usdjpy forextrading
This is a New Trading Day Session on the USDJPY 15m chart.
Price is in a consolidation sideways movement.
Price has been above the 20ema for awhile.
Tim's MA Cross rule 1 is 20 ema is below 100sma for short trade.
Rule 2 Sell Signal candle OPENS above 20ema and CLOSES below 20ema.
Because of the consolidation sideways move I plan to enter when price breaks the support at the Sell Signal candles low. I entered a Sell Stop at 108.63. Volume was above MA line so 100% full size position was made.
I have added the ADRHiLo indicator to help me find my TP level at the ADR Low of 108.21

To view Tim's MA Cross Strategy go to TSG YouTube videos and watch his current video "How to trade my best MA Cross Forex Strategy".
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