Asian Forex Breakout Strategy

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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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