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This is purely technical and 100% manual strategy based on sound analysis of price action, divergence and breakouts. The entry is always a pending order as the technique partly depends on the price breaking out of the designated level. Profit is very conservative, ranging from 21-34 pips only, regardless of volatility. This eliminates guess work and emotion driven decisions. To prevent premature closing, SL is always placed at the previous day's high if the entry is SELL or the yesterday's low for BUY entry. This is a very disciplined approach, no signal means no trade. It may take several days or even weeks before a definite signal shows up. Please view and analyze carefully the system's performance for its suitability. Take note that past results is no guarantee of future performance.
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