79# Breakout and Reversal Breakout

Market is an pendolum

Wave Breakout

Submit by Janus Trader

 

Breakout and Reversal is a breakout systeme anti breakout system that is based on the idea that when a breakout explodes there is always a contrary correction. The purpose of this trading system is to chase the breakout and the contrary correction movement. The breakout box begins at 22:00 to 6:00 GMT Berlin. the system is applied to the 15-minute time frame, even 30 minutes.

This system is very speculative.

Currency pairs: majors and indices.

Metatrader Indicators

Step MA 4.0 (10, 5, 1.5).

ML Box Breakout (22:00 – 6:00 GMT Berlin).

Pivot Points Levels

 

Trading rules Breakout and Reversal Breakout

Buy

Place pending buy order 2 pips above the box line.

Profit target 20-30 pips depends by pairs.

Stop loss opposite signal Step Ma.

 

Sell

Place pending sell order 2 pips below the box line.

Profit target 20-30 pips depends by pairs.

Stop loss opposite signal Step Ma.

 

Reversal sell

Step MA sell signal above the box or after 15:00 GMT Berlin also in the box.

Profit target 15-10 pips depends by pairs.

Stop loss opposite signal

 

Reversal buy

Step MA buy signal below the box or after 15:00 GMT Berlin also in the box.

Profit target 15-10 pips depends by pairs.

Stop loss opposite signal.

In the pictures Breakout and Reversal Breakout in action.

Breakout and Reversal Breakout
Breakout and Reversal Breakout
Breakout and Reversal Breakout
Breakout and Reversal Breakout
Breakout and Reversal Breakout
Breakout and Reversal Breakout
Breakout and Reversal Breakout
Breakout and Reversal Breakout
Breakout and Reversal Breakout
Breakout and Reversal Breakout
Comments: 1
  • #1

    kris (Tuesday, 05 February 2019 09:39)

    good

Share your opinion.

Breakout and Reversal Breakout
Breakout and Reversal Breakout
Breakout and Reversal Breakout.rar
compressed file archive 155.7 KB
https://www.forexstrategiesresources.com/breakout.../70-fbs-breakout-forex- system/
70# FBS Breakout Forex System - Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast. Menu. Mobile Express Page ...
https://www.forexstrategiesresources.com/breakout.../59-3-breakout-box/
3 Box Breakout is a strategy based on the box that is formed from the 3:00 at the ... 3 Breakout Box - Forex Strategies - Forex Resources - Forex Trading-free ...
https://www.forexstrategiesresources.com/breakout.../20-two-bar-breakout- system/
Two-bar Breakout System Trading System - Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast. Menu.
https://www.forexstrategiesresources.com/.../45-b-o-s-s-breakout-method/
Submit By Joy22. Ok so now we have the chart template all ready to use we will now go into the rules for entering a chart with our 3 indicators. As with the ...
https://www.forexstrategiesresources.com/breakout.../19-magic-breakout/
Magic Breakout Trading System - Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast. Menu. Mobile Express Page ...
https://www.forexstrategiesresources.com/breakout.../33-channel-breakouts/
However, because channel formations typically take a longer time to build up ( compared to triangle formations), they usually yield larger profits. Trading on a ...
https://www.forexstrategiesresources.com/breakout.../5-channel-breakout-and -moving-average/
Channel Breakout and Moving Average is an forex strategy based on 20 simple ... Channel Breakout and Moving Averge Trading System - Forex Strategies ...