Daily Break System

Daily Break System is a strategy based on breakout of daily bar.

Time Frame daily.

Currency pairs: any.

Trading rules Daily Break System

Place a pending orders at 23:30 GMT.

How to calculate the pendig order:

•Entry = previous day’s high & low +/- 10 pips.

Profit Target 40-80 pips depends by pair.

Stop loss:Other side of candle

First profit target = 20% move stop loss at the breakeven level.

Second profit target = 50 % move stop loss at + 20 pips.

Third target At 50-70 pips in gain, move stop loss at +50.