FX:GBPAUD   British Pound/Australian Dollar
1006 25 54
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Buy / Sell the breakout (BO)
Stop just under the breakout candle

Good luck
Order cancelled: This trade is no longer valid
I'm assuming the type of breakout you anticipated was for was a Short, but then it broke back up and CL was punctured and you retreated right?
Reply
No secrets in breakouts. Breakouts are easy. Just don't marry the position until it is far from the breakout location
You'll be fine

As for this specific trade.. honestly, I have no idea what I did with it
Reply
fatkumo Ichimoku_Trader
So basically you mean to say determine the direction and enter when a candle breaks the lines you drew correct?

Upper line break would be bullish, Lower line break would mean bearish right?
Reply
yes
and then be ready to change direction if it doe that
Reply
why is no valid anymore?
Reply
It has passed 25 candles by a lot
It now has the possibility to become an SSB100 trade which means lots of whipsaws until we get there
+1 Reply
narcalen Ichimoku_Trader
thx
Reply
earthkamol Ichimoku_Trader
Sir, what does an SSB100 stand for ?
Reply
it is a setup
go to my page to learn how I trade. You'll find it there
press the educational tag once you are there
Reply
phuahpatrick earthkamol
now can go short breakout
Reply
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