Hi Guys
I would like to share the most simple breakout strategy:
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 Support&Resistance BOX(THIS IS A MINIMUM TP)
SL:50 Fibonacci Support&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 Support&Resistance BOX(THIS IS A MINIMUM TP)
SL:50 Fibonacci Support&Resistance BOX
#ANY BREAKOUT THAT CAUSED BY NEWS IS NOT A SETUP
MANUAL SETTING(picture above)
I would like to share the most simple breakout strategy:
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 Support&Resistance BOX(THIS IS A MINIMUM TP)
SL:50 Fibonacci Support&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 Support&Resistance BOX(THIS IS A MINIMUM TP)
SL:50 Fibonacci Support&Resistance BOX
#ANY BREAKOUT THAT CAUSED BY NEWS IS NOT A SETUP
MANUAL SETTING(picture above)