SDX Forex Breakout Strategy
This system works on various timeframe such as 15 minutes, 30 mintues and 1 hour. Recommended pairs to be traded are the major currency pairs.
Open a trade during London session.
Rules for Entry:
- Place a buy stop order above the line.
- Place a sell stop order below the line.
- Take profit should be at 10-30 pips .
To analyze the market:
- Look at the trend channel Purple color as the limit price movements;
- The RSI indicator HistoAlert: Buy signal if bar turns blue and sell signal if bar turns red.
- FX5 indicator diverging is powerful to predict will the direction prices .
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