- July 5, 2017
- Posted by: Forex Wiki Team
- Category: Forex Trading System
Hello Guys
I wish to share the most straightforward breakout technique:
MOST SUIT:INTRADAY TRADER
PAIR:GBP/JPY GBP/USD USD/JPY EUR/JPY EUR/USD GBP/CHF USD/CHF NZD/USD CHF/JPY
BOX:GMT 9PM-5AM(8 HOURS)
TP:161.8 Fibonacci Assist&Resistance BOX(THIS IS A MINIMUM TP)
SL:50 Fibonacci Assist&Resistance BOX
RULES
LONG:ANY BULLISH CANDLE THAT BREAK RESISTANCE(EARLY SIGNAL)
SHORT:ANY BEARISH CANDLE THAT BREAK SUPPORT(EARLY SIGNAL)
TIMEFRAMES:M15
ENTRY:
INSTANT ENTRY ON BREAKOUT 100 FIBONACCI
PO @ 100 FIBONACCI
PO @61.8 FIBONACCI
TP:161.8 Fibonacci Assist&Resistance BOX(THIS IS A MINIMUM TP)
SL:50 Fibonacci Assist&Resistance BOX
#ANY BREAKOUT THAT CAUSED BY NEWS IS NOT A SETUP
MANUAL SETTING(image above)
How useful was this post?
Click on a star to rate it!
Average rating 0 / 5. Vote count: 0
No votes so far! Be the first to rate this post.
We are sorry that this post was not useful for you!
Let us improve this post!
Tell us how we can improve this post?