Euro Pound Yen Break Out System

March 03, 2008

I found this break out trading system on an experienced trader’s blog.  He documented in details about how to use this system.  The currency pairs he recommended were EUR/JPY, GBP/JPY, and GBP/USD.  Mostly because these pairs tend to have wider swing and are more volatile.  The system is very similar to the one I am using.  However, I primarily trade EUR/JPY using the break out strategy.

Take a look at his blog at Practical Forex Trading.  It’s a good read guaranteed.

This entry was posted on Monday, March 3rd, 2008 at 10:04 pm and is filed under Trading System. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Euro Pound Yen Break Out System”

  1. Simple Forex System Trading » Blog Archive » A Breakout Trading System Based on One Bar said:

    Mar 13, 08 at 7:08 pm

    […] Fx Trader Man’s breakout system uses the high and low during the Asian session to place orders… […]

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