Secret Revealed Forex Breakout Strategy

0
752

Secret Revealed Forex Breakout Strategy

This breakout strategy aims to get 20 pips of profits on each pair to 80 pips a day. This system works on a 60 minute timeframe and applicable to 4 to 6 currency pairs
at a time. Recommended pairs are EU, EJ, GU, GJ, EG and UJ.

Forex Indicators:

  • Support and Resistance;
  • TREND INDICATOR: The Secret trend reversal (ADX, Momentum 5, MACD 5,11, 2);
  • RSI (21)
  • Trading zone indicator;
  • Asian Box Brekout indicator;
  • Pivot lines.

Sell Entry:

  • Yellow resistance on the top;
  • Trend indicator is red;
  • RSI (21) is also red;
  • Trading Zone is Red.
  • Place an pendig sell order 5 pips below the box.

Buy Entry:

  • white support on the bottom;
  • Trend indicator is green;
  • RSI (21) is also green;
  • Trading Zone is green.
  • Place an pending buy order 5 pips above the box.

Exit position:

  • Take profit at 18-25 pips depending on the currency pair or you can exit on the pivot lines.
  • Initial stop loss 20-25 pips, After 15 pips in gain move stop loss at the entry price.

Recommended MT4 Brokers

XM Broker

  • Free $50 To Start Trading Instantly! (Withdraw-able Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year

XM broker

>> Sign Up for XM Broker Account here <<

FBS Broker

  • Trade 100 Bonus: Free $100 to kickstart your trading journey!
  • 100% Deposit Bonus: Double your deposit up to $10,000 and trade with enhanced capital.
  • Leverage up to 1:3000: Maximizing potential profits with one of the highest leverage options available.
  • ‘Best Customer Service Broker Asia’ Award: Recognized excellence in customer support and service.
  • Seasonal Promotions: Enjoy a variety of exclusive bonuses and promotional offers all year round.

fbs broker

>> Sign Up for FBS Broker Account here <<

Click here below to download:

Save

Save



Get Download Access

Get Smarter About Forex Trading Using Indicators

Join 100,000+ subscribers and get our 5 min daily newsletter on what matters in forex.

We do not sell or share your information with anyone.

LEAVE A REPLY

Please enter your comment!
Please enter your name here