88#Cable Breakout Forex Trading System
Submit by Tiro 02/02/2013 see manual
Time Frame 15 min
Currency pairs majors.
Go long when the price breaks the resistance if guppy ma blue is >guppy ma green, with,a first profit target of 30 pips 2° profit target 50 pips.
Go short when the price breaks the support if guppy ma blue is <guppy ma green , with a first profit target of 30 pips 2° profit target 50 pips.
- Close the long position at the end of the day regardless of the price if the 30 pips profit target was not reached.
Use a stop loss 30 pips and an trailing stop of 20 pips.
In the picture Cable Breakout forex system in action.
Cable Breakout Template and Indicator MT4
Share your opinion, can help everyone to understand the forex strategy.