Forex Breakout Direction Indicator

EURJPY = -39.9 pips lost

CADJPY = 182.1 pips profit

USDJPY = 153.1 pips profit

CHFJPY = 146.7 pips profit

476 pips made today! 35% account growth in one day!

Find the right direction with the Forex Breakout Direction Indicator at www.forexbreakout.co.uk

AUDCHF 100% Sell direction = 86 pips profit

NZDUSD 100% Sell direction, closed early at 11am for 37.4 pips profit

EURCAD 90% Buy direction signal, closed early for 8.4 pips profit as I made today's account growth target, if I 'd left this to run it would of made 160 pips profit!

How do you measure breakout strength?

Sorry, this part is my secret, I believe it what you call finding my edge!

Good news for you, the indicator will display / show you this

From this mornings Forex Breakout Direction Indicator we are
EURJPY =SELL
GBPCAD = SELL
GBPJPY = SELL
GBPNZD = SELL

EURJPY closed at 12pm for 51.5 pips profit
GBPCAD closed at 12pm for 145.4 pips profit
GBPJPY trade not activated, range was too big
GBPNZD trade not activated, range was too big

Total for day 196.9 pips profit, 7.6% account growth

Results on Myfxbook here https://www.myfxbook.com/members/afk...kforex/1571990

Trial Indicator and / or EA, more details at www.forexbreakout.co.uk
[email protected]

This morning we have two valid trade set ups, which are -
GBPUSD SELL
GBPAUD SELL (range may go over limit before London opens, if it does, then this will not be a valid set up)

EURCHF should in fact be a SELL set up, but I don't like the price action just before the box starts, so I'm staying out of this one

The good thing with the EA, so that you can set and forget. So for example, if the range does increase on the GBPAUD, it will not place trades on this one

Regards
Craig
Away From Keyboard Forex

Update
GBPAUD did not activate, as the range was too big

GBPUSD sell at 08:00 and then closed at 08:20 for 54 pips profit, 2.04 account growth.

I will update end of day screenshots

Regards
Craig

Update form today trades

GBPUSD closed early for 54 pips profit, if left to run this would of made 60 pips
GBPAUD as expected range was far to big before pending orders are set, so the EA did not send any orders, good job too as this would of been a 160 pip lost
EURCHF I chosen not to trade this pair this morning, due to ugly price action at the close of yesterday, however, if this was traded, you would of banked 60 pips and still be 20 pips in profit on at the time of writing.

Trial the indicator or Ea now at www.forexbreakout.co.uk

I hope you see by now, that this system, as big potential!

Cheers for now
Craig
Away From Keyboard Forex

Last day of the week. This mornings Forex Breakout Direction Indicator trades set ups are -

GBPUSD SELL
AUDCAD SELL
GBPCAD SELL
GBPCHF SELL
NZDUSD SELL

The GBP pairs will be closely watched via mobile MT4 plarform as there is major news out at 9.30am. As soon as I have gained 1% account growth, these will possibly be closed, unless the market accelerates and set the stop loss to break even quickly.


AUDUSD states sell, but the 50 EMA filter is not high enough for me
EURGBP states buy, but the 50 EMA filter is not low enough for me

Don't you make your decisions at 0800 GMT, which is another hour to go???

Good question. This one is going on the FAQ's on the web site!

No the buy or sell direction and strength is set up way before 08:00 GMT, then only thing that will make a trade invalid is if the range increases.

My EA manages all the pending set ups, I just tell it which pairs and direction to trade by looking at the Forex Breakout Direction Indicator

Understood thanks. What time do you suggest charts should be checked - before Frankfurt Open? BTW your PDF is exceptionally well set out and documented.