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
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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.
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