Forex Intraday Trend BreakOut System

Forex Intraday Trend BreakOut “Price Action” System – Learn what breakouts in forex trading are and how you can take advantage of them. With breakout trades, the goal is to enter the market right when the price makes a breakout and then continue to ride the trade until volatility dies down.


Recommended Article:  MFI Trading: This SNIPER Entry Strategy Will Make You $150,000 in One Year

  • Time Frames: H1 (This is intraday trading system)
  • Currency Pairs: GBPUSD and EURUSD

 

MetaTrader Trading Indicators
  • SDX ZoneBreakOut 2
  • Wildan Trend System
  • Relative Strength Index

 

BUY Rules

  • SDX ZoneBreakOut 2: The Bullish candle breakout the upper line of the indicator
  • Wildan Trend System: Blue bars
  • Relative Strength Index: Upward and above the level 60
Recommended Article:  Super Simple Forex Profitable Strategy with Consistent Profits SIDUS BAGO Signal

 

SELL Rules

 

  • SDX ZoneBreakOut 2: The Bearish candle breakout the lower line of the indicator
  • Wildan Trend System: Red bars
  • Relative Strength Index: Downward and below the level 40

 

EXIT Rules
  • The initial stop loss above or below the previous candle
  • Risk reward ratio 1:2 or 1:3
  • This Forex Intraday Trend BreakOut System a good system. Use a demo account or a small live account first to practice this trading system.

Leave a Reply

Your email address will not be published. Required fields are marked *




Powered by: ForexWOT Trading System
Privacy Policy | Cookie Policy |  e-Mail: ForexWOT@gmail.com