Guys,
Today, I introduce "Bingo Trenz BreakOut" (BTBO) call.. While I have done enough testing.. yet, plz consider this system NEW..
Allow me to share how I analyze this range, in the chart, you see lower val and upper val apart from current price.
Subtract 1.25 from the lower val and that becomes your sell stop and add 1.25 to the upper val, that would become your buy stop.
Lower Val: 1203.75
Upper Val: 1207.77
Seller's safe view: Sell Stop @ 1202.50 with SL $7 away..
IF you think it's going up, Buy Stop @ 1209 with SL @ 1202.5 would look good.
Feel free to analyze BTBO in your way.. and let's see if we can make killing out of this.
BTBO system does not encourage buying/selling within the range, unless you have a good reason.. IF you insist, you may wanna use upper/lower val as SL, BUT at your own risk. The risk is yours in any case.
You also might wanna run this system in your demo account to get hang of it.
I did not invent this system.. I am just getting this signal from a fellow trader and sharing it here..
If you like BTBO and want more, you can get in touch with me through Skype..
Skype: AuroraIN
Risk Disclaimer
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all traders/investors. Past performance is not indicative of future results, for eg: Golden Seasons. The high degree of leverage can work against you as well as for you. You can lose all the money you have invested.
Use your MM and trade at your own risk.
Today, I introduce "Bingo Trenz BreakOut" (BTBO) call.. While I have done enough testing.. yet, plz consider this system NEW..
Allow me to share how I analyze this range, in the chart, you see lower val and upper val apart from current price.
Subtract 1.25 from the lower val and that becomes your sell stop and add 1.25 to the upper val, that would become your buy stop.
Lower Val: 1203.75
Upper Val: 1207.77
Seller's safe view: Sell Stop @ 1202.50 with SL $7 away..
IF you think it's going up, Buy Stop @ 1209 with SL @ 1202.5 would look good.
Feel free to analyze BTBO in your way.. and let's see if we can make killing out of this.
BTBO system does not encourage buying/selling within the range, unless you have a good reason.. IF you insist, you may wanna use upper/lower val as SL, BUT at your own risk. The risk is yours in any case.
You also might wanna run this system in your demo account to get hang of it.
I did not invent this system.. I am just getting this signal from a fellow trader and sharing it here..
If you like BTBO and want more, you can get in touch with me through Skype..
Skype: AuroraIN
Risk Disclaimer
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all traders/investors. Past performance is not indicative of future results, for eg: Golden Seasons. The high degree of leverage can work against you as well as for you. You can lose all the money you have invested.
Use your MM and trade at your own risk.
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