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- KISS FX Breakout Strategy
Hey there traders, Here you will find a breakout strategy for forex. KISS FX Breakout Strategy is a ...
Hello CCDEV, Right now, I dont like the way the market is. I havent taken many trades recently. I do follow the charts daily, and look for obvious patterns.
two trades: cable: i was following and expecting a breakout. However, I missed the entry point. It would have been a profitable trade. usdca: I went short, but it turned against me and hit stop loss at about 15 pips. both on 1min
one trade today gbpchf on 1min chart. Take profit about 10 pips.
There were 3 contact points. At the fourth time the price broke through. your example is otherwise a good breakout, but I wouldnt have taken that one as the price is below SMA. Long term trend clearly downwards.
here the red dot
GBPUSD — This one I missed on 5min chart.
usdcan — A nice trade on usdcan. 80% off + 20 pips, 20% hit stop loss.
Well done Michael!
Today, one perfect enrty, but I missed it because of a golfround!
Yes that is a good example! I hope we get lots of those this week!
Hey, I probably wouldnt have taken that one as the emas were above 200 sma.
Today bad trade on EURUSD. It started well but eventually turned against me and I got stopped out. I should have noticed the possibility of a double top before I entered.
Hey Michael, That is awesome. Here you can see that you basically dont need any mathematical indis. That seems to be a solid trade, however I´m not so sure about the overall trend. This system works the best, when there is a clear trend like shown ...
Hey Allivemind, Thanks for your questions. I´m glad you like the strategy. I`m glad you made your 30pips. I might have not taken that same trade, as the trend was slightly upwards. And the smaller moving averages were above 200 SMA. However, it was ...
Example — Here is an example trade from last night. Pair and timeframe (EXEPTIONALLY) eurjpy 5 min. Entry after a confirmed breakout. Stop loss above old support line (as previous support becomes resistance), close to moving averages. 80% of ...
Hey there traders, Here you will find a breakout strategy for forex. KISS FX Breakout Strategy is a ...