Cable Breakout Forex Trading System
The cable breakout trading system is based on a cable breakout indicator. This is suitable for the 15-minute timeframe and works in all major currency pairs.
Metatrader Indicators:
- Cable breakout
Long Entry:
- Go long when the price breaks the resistance.
- The guppy MA blue is greater than the guppy MA green.
- The first profit target of 30 pips 2° profit target 50 pips.
Short Entry:
- Go short when the price breaks the support.
- The guppy MA blue is less than guppy MA green.
- The first profit target of 30 pips 2° profit target 50 pips.
Close the long position at the end of the day regardless of the price if the 30 pips profit target was not reached.
Use a stop loss 30 pips and trailing stop of 20 pips.
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