25# 2 Days Breakout Trading System

Submit By Janus Trader

 

Time Frame 15 min.

Currency Pairs: all

Indicator: Awesome

 

This is another great strategy which allows you to find great

intraday opportunities. It has a good profit-loss ratio and,

this way, if you use good money management rules you

can achieve consistent results.

To use the 2 Days Breakout strategy, the Awesome

indicator is, once again, the best confirmation indicator to

use.

You can use this strategy in any timeframe you like. This

strategy works well on 15 and 30 minutes, and even on 1

hour charts. So, feel free to try this strategy in your

favourite timeframe. You can also use it for any currency

pair you like.

The rules:

Buy 1 pip above yesterday’s high or short sell 1 pip below

yesterday’s low. Place a stop loss of 20 pips.


Exit the trade if the Awesome indicator gives you an exit signal or if your stop loss is reached.

Let’s take a look at some real trades using this strategy:

The horizontal line in the chart represents GBP/USD

yesterday’s high.

According to this strategy, you should buy one pip above

the previous high, at 1.7587. Don’t forget to place your

protective stop loss order of 20 pips below the entry point.

As you can see, according to the chart, the Awesome

indicator is gaining strength. Notice that when you enter

the trade, it continues to move up, as well as the price.

This is a terrific sign.

 

The Awesome indicator is what you should observe since

you will close the trade once this indicator gives you the

exit signal. As you can see, the Awesome indicator turns

red at 1.7693, telling you that bears are gaining strength.

So, it is time to exit at 1.7693.

This was a great trade, with 106 pips profit in just 3 hours

of work. With just a single currency pair, you would have

won $1060.

Always remember to place your stop loss in the platform

when you give the entry order. This is what will keep you in

the game if something goes wrong.

 

 

Entry: Short GBP/USD at 1.8261

Stop Loss: 1.8281

Exit: 1.8217

Profit: 44 pips

 

This is another GBP/USD 15 minutes chart. The line is

drawn 1 pip below yesterday’s low; so, this is our entry

point for a short position.

If you use this strategy, always draw yesterday’s high and

yesterday’s low lines on the chart. It is much easier when

you have those lines on the screen instead of only numbers

on your head or in a paper.

As you can see in the chart, you have an opportunity to

enter in a short sell at 1.8261 – one pip below the previous

day low.

You will ride the trade until the Awesome indicator gives

you a signal to leave or until your stop loss has been

reached. In this trade, you should exit your position at

1.8217, for a 44 pips profit, when the Awesome indicator

turned green, which was a clear exit signal.

 

Entry: Short EUR/USD at 1.2926

Stop Loss: 1.2946

Exit: 1.2835

Profit: 91 pips

As you can see in this EUR/USD 30 minutes chart, there is

a good opportunity to make a trade. We will enter in the

short sell one pip below the horizontal line – at 1.2926.

As soon as the Awesome indicator turns green it’s time to

exit this position. In this case, the exit signal was at

1.2835, giving you 91 pips profit.

This trade also shows you that this strategy works fine in

30 minutes charts as well.

 

 

 

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 5
  • #1

    Shekhar (Sunday, 18 June 2017 09:12)

    I want a zip signal file to install in my META4 software ...thanking you.

  • #2

    MARIO (Thursday, 13 February 2020 20:45)

    Salve vorrei provare questa strategia e possibile avere il file in attesa di una vostra risposta ringrazio anticipatamente cordiali saluti Mario

  • #3

    nabil (Friday, 14 May 2021 21:05)

    I want 2 days breakout strategy file to install in mt4/mt5

  • #4

    Mohamad Nazri Hashim (Thursday, 09 September 2021 15:11)

    can i have the link to download this awsome (2 Days Breakeout indicator) thank you

  • #5

    Prasad (Tuesday, 17 May 2022 14:39)

    Great strategy may i know Accuracy of this strategy and also we can decide our TP at nearest key level zones right instead of keeping it open ...