Saturday, June 13, 2015

Breakout system

Dia guna breakout system Pasang buy stop & sell stop 10 pips dr price semasa, TP 20-30 pips camtu, pastu bukak multiple post Of coz la senang2 dapat at least 100 pips per trade, mana x nya 20 pips x 5 post = 100 pips -- The above info obtained from CG about the techniques uses by Hafizzat Rusli. I was told that this is one of the technique he uses to trade. Now breakout system provided the chances of breakout is 80% above, then i believed is valid. Further more to open multiple post ? This is akin to my morning EU technique? But the scenario with my EU technique in the morning does not guarantee a range of 50 pips from the opening price as it depends on where the nearest support and resistance. If i were to open pending post open buy/sell stop 5-10 pips from the opening price with TP at 10 pips with 10 multiple post each at 0.01 , what would be the profit like? 10pipsx 10 opening = 100 x 0.01 = 1.00? Why i did not thought about this in the first place? Trial basis on Tuesday morning.

No comments: