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Asian Forex Breakout Strategy
This is a breakout strategy that uses box asian indicator. It works on a 15 minute timeframe and applicable to all currency major pairs.
Forex Indicators:
- Breakout Box Asian
Long Entry:
- Place a pending buy order 3 pips above top the box.
- Set your stop loss at 30 pips and your take profit at 60 pips.
- Move the stop loss to the break even if it gains 20 pips.
Short Entry:
- Place an pending sell order 3 pips below bottom of the box.
- Set your stop loss at 30 pips and your take profit at 60 pips.
- Move the stop loss to the break even if it gains 20 pips.
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