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12# Hans Breakout Trading System

Submit by joy22

Time Frame: 15, 30, 60 min

Pairs:Eur/USD, GBP/USD

Long Entry

Buy when price crosses up red dot (resistance). There can be two trades in a single day, because there're two string of red dots.

Short Entry

Sell when price crosses down blue dot (support).
Set stop loss 50 pips away (EURUSD) or 70 pips (GBPUSD). If the other end ofbreakout is closer, then set SL to the breakout.
Close all orders and trades when the dots end.

Profit Target: 65 pips EUR/USD, 80pips GBP/USD

In the picture below Hans Breakout Trading System in action.

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Trading System

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