This is an collection of similar trading setups.
All this systems are based on breakouts of some time frames ranges during the day.
In my experience all this setups are more or less profitable.
It would be nice if somebody have any advices or more ideas to make this things better.
Short explanation:
We have an range with high and low in that particular time. And we are trading breakeouts with the trend.
So, if we breake out long, we buy long.
My SL is the middle of the range. So if the range is big, I don’t take the trade. Also if the range is to small, don’t take the trade.
My targets is the “range height”. But I also sometimes use trailing SL or sell partials.
I don’t trade the news.
I have two filters for this kind of trading.
Both filters are on 30min chart.
There are 38 and 50 periods because of Fibonacci.
A Filter
ADX with 38 period.
B Filter
ATR with 50 period.
Each curencie pair has another filter combination or zones.
I don’t trade vola pairs like GBPJPY or GBPCHF and pairs with high spreads.
--------------------------
GBPUSD
ADX must be over 12.
ATR must be under 0.003
Trigger chart is 5min.
1. breakeout
Time for the range: 14-16 CET
First two hours of New York trading.
2. breakout
Time for the range: 18-9 CET
US and Asian trading. Looking for breake out in Europa.
------------------------------
EURUSD
ADX must be over 12.
ATR not needed.
1. breakout
Time for the range: 14-16 CET
Trigger chart is 5min.
First two hours of New York trading.
2. breakout
Time for the range: 23-2 CET
Trigger chart is 15min.
Major markets are closed. Looking for asian breake out.
-------------------------------
USDCHF
ADX must be under 25.
ATR must be under 0.0018.
1. breakout
Time for the range: 14-16 CET
Trigger chart is 5min.
First two hours of New York trading.
2. breakout
Time for the range: 23-2 CET
Trigger chart is 15min.
Major markets are in this time closed. Looking for asian breake out.
-------------------------------
USDCAD
ADX must be over 13.
ATR must be under 0.0022.
1. breakout
Time for the range: 18-9 CET
US and Asian trading. Looking for breake out in Europa.
--------------------------------
All this systems are based on breakouts of some time frames ranges during the day.
In my experience all this setups are more or less profitable.
It would be nice if somebody have any advices or more ideas to make this things better.
Short explanation:
We have an range with high and low in that particular time. And we are trading breakeouts with the trend.
So, if we breake out long, we buy long.
My SL is the middle of the range. So if the range is big, I don’t take the trade. Also if the range is to small, don’t take the trade.
My targets is the “range height”. But I also sometimes use trailing SL or sell partials.
I don’t trade the news.
I have two filters for this kind of trading.
Both filters are on 30min chart.
There are 38 and 50 periods because of Fibonacci.
A Filter
ADX with 38 period.
B Filter
ATR with 50 period.
Each curencie pair has another filter combination or zones.
I don’t trade vola pairs like GBPJPY or GBPCHF and pairs with high spreads.
--------------------------
GBPUSD
ADX must be over 12.
ATR must be under 0.003
Trigger chart is 5min.
1. breakeout
Time for the range: 14-16 CET
First two hours of New York trading.
2. breakout
Time for the range: 18-9 CET
US and Asian trading. Looking for breake out in Europa.
------------------------------
EURUSD
ADX must be over 12.
ATR not needed.
1. breakout
Time for the range: 14-16 CET
Trigger chart is 5min.
First two hours of New York trading.
2. breakout
Time for the range: 23-2 CET
Trigger chart is 15min.
Major markets are closed. Looking for asian breake out.
-------------------------------
USDCHF
ADX must be under 25.
ATR must be under 0.0018.
1. breakout
Time for the range: 14-16 CET
Trigger chart is 5min.
First two hours of New York trading.
2. breakout
Time for the range: 23-2 CET
Trigger chart is 15min.
Major markets are in this time closed. Looking for asian breake out.
-------------------------------
USDCAD
ADX must be over 13.
ATR must be under 0.0022.
1. breakout
Time for the range: 18-9 CET
US and Asian trading. Looking for breake out in Europa.
--------------------------------