CapMoore

Breakout Trend Following Buy Signal

FX:USDJPY   U.S. Dollar/Japanese Yen
54 0 1
The pair broke out of the triangle consolidation and
made a 4 week high.
Trend following buy signal: Enter at market with
2ATR 20 SL, trailed with 1ATR 20. Hard SL DC 10

Pyramid Entries: at each 1ATR move. SL 2ATR, Trail 1ATR. Max total 5 position.
Regular Risk Management applies (2-5% risk exposure)
Strategy: To catch a larger move and ride the trend.
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