Strategy for binary options, Forex and CFD - Asian Breakout
Strategy for binary options, Forex and CFD - Asian Breakout
Strategy for binary options, Forex and CFD - Asian Breakout - a strategy for trading on a 15-minute chart, based on a box breakout, helps to determine the best entry points in the direction of trend price movement.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M15
- Expiration time: 45 minutes (3 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M15
- Expiration time: 45 minutes (3 candles)
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Indicators of the Asian Breakout strategy
- ##BreakOut_BOX_5_Asian_Session_HLbox_SCREEN_TEXT_indicator
- i-ParamonWorkTime
- zwuk MA
Risk management
Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.
Asian Breakout strategy: signal to increase
- The price has broken through the upper border of the yellow box
Asian Breakout strategy: downside signal
- The price has broken through the lower border of the yellow box
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Trading on Forex and CFD
- Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
- The trade is opened after receiving a signal from the trading strategy
- The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
- The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
- Take Profit to Stop Loss levels are set depending on the selected time frame
- The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading
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Download Asian Breakout strategy
Download Asian Breakout strategy......
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