11# Daily Breakout Trading System
Submit by Forexstrategiesresources
Time Frame Daily
To Open 3 positions
•Enter pending orders at 23:30 GMT, no earlier.
•Entry = previous day’s high & low +/-10 pip offset rounded respectively
•TP = 80 pips
•SL = Other side of candle
•Target 1 = 20%, stop move to breakeven (First Target = 20)
•Target 2 = 50%, stop moved to 20 pips (Second Stop Target = 50)
•At 70 pips, stop moved to 50 pips (Third Stop Target = 70)
•Target 3 = 100%
In the picture below Daily Breakout Trading System in action.
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Daily Forex Strategies