Forex Strategy "Simple breakdown" is the breakdown and is based on a moving average, which indicates the direction of the trend and Fibonacci levels, the breakdown of which by pre-defined rules strategy gives the signal to enter the market and is designed strategy mainly for the EURUSD and the recommended operating range - H1.
So, to set the chart of the currency pair following indicators and tools:
1) Simple Moving Average (SMA 120) - indicates the direction of trade. Against the trend of this do not sell!
2) Using a classical instrument - Fibonacci levels.
Just want to say that transactions on the strategy is not so much a month on average 4-6 transactions, as well as lower profit almost double than the stop loss!
But losing trades in this very rare strategy. Over the last 3 mesyatsaStrategiya forex "Simple breakdown" brought nearly 300 points profit, and during this period of the 12 transactions there was no unprofitable!
If we take into account that each transaction risk is 4%, and the profit is 2%, then it turned in the three months to 24% initial deposit.
Of course trade on the breakdown of the maximum in the direction of the trend, to put it mildly, "not a new invention", but these filters help to find an entry point to a high probability to achieve this goal.
