SDX Forex Breakout Strategy

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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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