Money management parameters:

Risk: 2 percent
SL: 28 pips (4 bricks)
TP1: 33 pips (a little less than 5 bricks)
TP2: 49 (7 bricks)

2 equal sized positions will be opened (1 percent each). If TP1 is hit, then the SL for the second place will be moved to BE.

UPDATE 9/72016: The SL has been raised to 4 bricks or 28 pips. My first study was done using 10 pip bricks therefore that the SL's I was considering was 30 pips. I believe 21 pips (3 bricks) is too small and in too many cases is pumped out from spikes or very low liquidity moves.