[Easy Profitable Methods Explanation] Mid-October Progress +591,495 yen +544 pips
Hello, this is a barber(*´ω｀*)
The second week of this month has already come to an end, but with the Break Out Method Dominant I vividly remember gaining a single shot 210 pips on GBP/JPY. I was able to consistently profit on other trades as well. Details are below.
The method's environmental awareness and breakout timing align perfectly, allowing me to minimize losses and maximize profits. By trading with correct environmental awareness and timing, you can effectively offset the drawbacks of typical breakout methods and leverage their benefits.
This time, I would like to explain actual trades that successfully avoided the common breakout pitfalls I mentioned earlier.The chart below is the AUD/JPY 1-hour chart (indicators, etc., are not displayed).
① Based on the method, perform environmental recognition and wait for the indicator-based setup judgment.
② After 9/5 16:00 (22:00 Japan time), EA setup judgment becomes possible.
③ Determine entry line and exit line and place the EA.
④ Breakout occurs at 9/6 8:00 (14:00 Japan time).
⑤ The EA automatically enters and exits at the exit line to take profits (not shown, but stop loss is also properly set).
⑥Confirm that there is no change in the environment, then againwait for the indicator-based setup judgment.
⑦ After 9/10 0:00 (6:00 Japan time), EA setup judgment becomes possible again.
⑧ Determine entry line and exit line and place the EA.
⑨ Breakout occurs at 9/10 18:00 (00:00 Japan time).
⑩ The EA automatically enters and exits to take profits.
※Afterward, although it looks like a breakout occurred at the 1-hour chart on the resistance/support line, the price did not extend and did not touch the lowest price, instead it moved higher. In this breakout, there was no EA setup judgment from the method.
How was it?
This method does not simply aim for breakouts in range-bound markets. Details are described in the main product and the special appendix, but by using the method you can more easily avoid common breakout method drawbacks such as 'whipsaw', 'price stagnation after breakout', and 'few entry points', and leverage the advantages.
At first glance it seems simple, but it is based on environmental recognition and indicator-based judgment to set valid breakout entry points. Also, because it is EA-based, there is no need to remain glued to the chart, allowing you to grow your assets while valuing your time.
Other characteristics of the method include relatively larger time flexibility. It allows time to enter after the EA setup judgment is issued; during that time, you can set the EA. If you read the method, the indicator-based EA setup judgment is easy to understand for beginners, so there is no problem at all.
Just select the currency based on environmental recognition and place the EA, so you gain time and mental ease, which suits my part-time lifestyle and is very useful.Environmental recognition does not change drastically every day, so it does not become a heavy burden. And most importantly, profits are generally large and win rate is high, which is another nice point. If you’re interested, please give it a try.
Used method →【Break Out Method Dominat】
～～～～～～～～Summary of this method's features～～～～～～～～～～
① By viewing a certain indicator from a perspective different from the original method, visually and easily identify signs of breakout。It is entirely based on an original concept and not found in any literature.
② It can adapt not only to range-bound markets but also to trending markets, soit results in far more trades than typical breakout methods. It is a day-to-swing style method, and there is a track record of about 75 trades in two months.
③A powerful environmental recognition method supports breakout trading. Profitable breakout methods do not simply find ranges. If you perform environmental recognition that matches breakouts, you can prevent drawbacks and leverage advantages. The product's special appendix includes developer-oriented explanations, helping beginners perform environmental recognition and trading from the same perspective.
④ When you find a breakout omen just install the original EA and it automatically completes entries to exits without looking at the chart. If you think 'Can I trade with limit orders without looking at the chart?', beware of whipsaws in breakouts!
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Thank you for reading until the end.
Used method →【Break Out Method Dominat】