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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.
Daily Break System

Daily Break System

Daily Break System Reviewed by learn forex trading on June 03, 2017 Rating: 5

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