Loading... Please wait...The Easy Forex Breakout Trend Trading Simple System is a very simple manual system that uses indicators based on color and a special volatility window that gives you buy and sell triggers based on the force of the price action.
It works on all timeframes and performs extremely well with very few whipsaw trades.
You'll be entering new trades based on two volatility indicators
THAT COINCIDE PERFECTLY WITH COLOR INDICATORS.
Finding the trade entries is a breeze because you'll be using color to trade with...price bars are green for long, purple for short...and the other indicators use the same color coding of aqua blue for buy signals and hot pink for sell signals..... so you don't have to analyze anything....just trade according to color.
You even get a color signal to exit your trades: a blue dot appears when a short trend is exhausted and it's time to exit....and a red dot appears when a long trend is exhausted and it's time to exit.
Breakouts are easy to spot in any timeframe and you have the choice of using a conservative or an aggressive entry style....both are taught with lots of videos to explain the strategies and indicators.
Here's a short introductory video of trading the Breakout Simple System:
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Here's another short video showing how U.S. and European traders can trade the Frankfurt, London and U.S. trading sessions trading a 15 min chart:
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Here's a screenshot showing some recent trades in a 1 hr chart using conservative entries:

Normally in a 1 hr chart I would trade using aggressive entries, but this trading week was a big US news week with the FOMC report on Wednesday and the NFP report on Friday.
So I decided to play this week conservatively when trading US cross pairs, and you can see in this screenshot that I took only two long trades (the long vertical green lines) and one short trade (the long pink vertical line).
The exits are the short white slash lines around the blue and red dots, which are the main exit signals. In this screenshot example, over 2 days there were 3 trades available for a total of 250 pips just in this one pair.
I really like trading in a 1 hour chart because I can still get great entries and exits and if I sleep 8 hours, not too much happens that I will miss.
Notice I took only the trades where the volatility line in the bottom window actually crossed the 60 RSI line...this gave me strong entries which avoided whipsaw trades. With such clean entries your initial stop loss can be very small.
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This is NOT a hedging strategy and is not affected by the NFA non-hedging rule for U.S. brokers.
http://www.cynthia-recommends.info/easy-forex-breakout-simple-system.htm