This document introduces the MagicBreakout forex trading strategy. It is summarized as follows:
1) The strategy aims to enter the market before breakouts occur by using the CCI indicator to signal when to enter trades. This allows traders to enter positions before the crowd of momentum traders.
2) Detailed rules are provided for both entry and exit including identifying trends using EMAs, setting entry criteria using CCI crossovers, and taking profits and stops using Fibonacci retracement levels.
3) Following the strategy and strict money management is touted as the key to achieving consistent profits that grow exponentially over time. Additional paid strategies and software are promoted as helping automate the system.
Top 8 Forex Trading Strategies That Pro Traders UseSyrous Pejman
In this slideshow find the best Forex trading strategies including chart patterns, price rejection, correlation trading, volume-price analysis, long term daily and weekly trading, news and sentiment trading strategies. Besides, you will learn the best money and risk management methods and also the best advice by the experts to control your psychology during your trades.
Would you like to learn secrets of price action trading which is used in every day trading by a 15 years trader? Continue reading on to learn real examples of how price action trading works on Forex, stock futures and gold charts!
Trading plan is very important for you to be successful in forex trading.forex trading plan in pdf file. In this ebook will be cover on your plan to be successful forex trader, your trading goal, money management,your strategy and how you going to do your trading.
Click here for more information on range trading
http://www.netpicks.com/simple-range-trading-strategy/
Here is some information on range trading:
It’s been said that a market only trends 30% of the time.
I can’t quantify that figure but having a range trading strategy to take advantage of the other 70% is good business.
Range trading is not difficult however it does require discipline and a method of determining when a trading range is in play.
For more information on range trading click here:
http://www.netpicks.com/simple-range-trading-strategy/
Top 8 Forex Trading Strategies That Pro Traders UseSyrous Pejman
In this slideshow find the best Forex trading strategies including chart patterns, price rejection, correlation trading, volume-price analysis, long term daily and weekly trading, news and sentiment trading strategies. Besides, you will learn the best money and risk management methods and also the best advice by the experts to control your psychology during your trades.
Would you like to learn secrets of price action trading which is used in every day trading by a 15 years trader? Continue reading on to learn real examples of how price action trading works on Forex, stock futures and gold charts!
Trading plan is very important for you to be successful in forex trading.forex trading plan in pdf file. In this ebook will be cover on your plan to be successful forex trader, your trading goal, money management,your strategy and how you going to do your trading.
Click here for more information on range trading
http://www.netpicks.com/simple-range-trading-strategy/
Here is some information on range trading:
It’s been said that a market only trends 30% of the time.
I can’t quantify that figure but having a range trading strategy to take advantage of the other 70% is good business.
Range trading is not difficult however it does require discipline and a method of determining when a trading range is in play.
For more information on range trading click here:
http://www.netpicks.com/simple-range-trading-strategy/
forex trading strategy that you can make money with. Can also be use by using your android and iphone metatrader.
The settings on the indicator are easy to setup. The strategy best time frame is h4 and hourly chart.
http://www.pipsumo.com/2017/04/parabolic-sar-trading-strategy.html
The best swing trading strategies are the ones that allow you to trade and profit from your beliefs about the market. I have added some of the most popular swing trading indicators as a guide for you to explore. The swing trading indicators listed here focus on trend trading, volatility, and overbought/oversold conditions.
Stop Trading Support And Resistance The Wrong WayNetpicksTrading
Stop Trading Support And Resistance The Wrong Way
- See more at: http://www.netpicks.com/support-resistance/
Support and resistance trading is a popular technical analysis method of trading. The bad part is that many traders enter trades blindly at these levels without a firm understanding of what they mean.
Learn about trading support and resistance and see if your trading results improve.
- See more at: http://www.netpicks.com/support-resistance/
- Visit our website: http://www.netpicks.com/
- Download the free indicator blueprint: http://www.netpicks.com/blueprint/
- Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs
support, resistance, support and resistance trading, reversals, trend
Forex Trading - How to Create a Trading StrategyBlueMax Capital
Forex trading how to create a trading strategy. The Forex Fundamental Analysis, Technical Analysis, Risk Management, Rules Successful Forex Traders Follow and Reasons Why Forex Traders Fail.
“Forex Trading Strategies” is a complete guide of most popular and widely used strategies in Forex trade. You can read about day trading and its main types, understand the strategies based on market analysis, learn about portfolio and algorithmic trading, and many more. The book represents the ins and outs of each strategy - why and how it is used and how to get profit from trade. It is suitable for all traders who are novice in trade or want to improve their skills. All the strategies classified and explained here are for educational purposes and can be applied by each trader in a different way.
What are some of the advantages of using a scalping strategy to trade the forex market? - Quick profits Entry and exit is usually done within a couple of minutes. This allows for quick profits but can lead to quick losses as well. - Exit is usually within 20 minutes or less - Lots of trades Strategy uses 3 Indicators The strategy uses 3 indicators: pivot points, Fibonacci retracement and the Stochastic Oscillator. The 3 main pivot points both above and below the pivot are used for this system: S1, S2, S3 and R1, R2, R3. The Fibonacci retracement values used are the 0.618, the 0.382 and the 0.500 levels. The Stochastic Oscillator is set at 5,3,3.
This presentation from FXstreet.com will help you design your own trading system from scratch with a proven and practical example.
Creating a trading system is the best way to manage risk, increase profitability and avoid emotions and subjective elements from affecting your judgement when trading forex.
Bollinger bands strategy - With Moving Averaga (BBMA)pipsumo traderfx
This forex trading strategy will be use 2 indicators.
The Bollinger bands and moving average.
Those 2 forex indicator will have rules and steps to find the entry.
In this file, you will have the bollinger bands basic settings and also the 2 moving average settings.
4 step buy and sell entry setup.
this is breakout trading strategy to use. if you understand how the breakout works.you can gain up to 100pips 200pips.
.
if you understand market trending and break out. you can make money with forex.
.
forex trading strategy that you can make money with. Can also be use by using your android and iphone metatrader.
The settings on the indicator are easy to setup. The strategy best time frame is h4 and hourly chart.
http://www.pipsumo.com/2017/04/parabolic-sar-trading-strategy.html
The best swing trading strategies are the ones that allow you to trade and profit from your beliefs about the market. I have added some of the most popular swing trading indicators as a guide for you to explore. The swing trading indicators listed here focus on trend trading, volatility, and overbought/oversold conditions.
Stop Trading Support And Resistance The Wrong WayNetpicksTrading
Stop Trading Support And Resistance The Wrong Way
- See more at: http://www.netpicks.com/support-resistance/
Support and resistance trading is a popular technical analysis method of trading. The bad part is that many traders enter trades blindly at these levels without a firm understanding of what they mean.
Learn about trading support and resistance and see if your trading results improve.
- See more at: http://www.netpicks.com/support-resistance/
- Visit our website: http://www.netpicks.com/
- Download the free indicator blueprint: http://www.netpicks.com/blueprint/
- Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs
support, resistance, support and resistance trading, reversals, trend
Forex Trading - How to Create a Trading StrategyBlueMax Capital
Forex trading how to create a trading strategy. The Forex Fundamental Analysis, Technical Analysis, Risk Management, Rules Successful Forex Traders Follow and Reasons Why Forex Traders Fail.
“Forex Trading Strategies” is a complete guide of most popular and widely used strategies in Forex trade. You can read about day trading and its main types, understand the strategies based on market analysis, learn about portfolio and algorithmic trading, and many more. The book represents the ins and outs of each strategy - why and how it is used and how to get profit from trade. It is suitable for all traders who are novice in trade or want to improve their skills. All the strategies classified and explained here are for educational purposes and can be applied by each trader in a different way.
What are some of the advantages of using a scalping strategy to trade the forex market? - Quick profits Entry and exit is usually done within a couple of minutes. This allows for quick profits but can lead to quick losses as well. - Exit is usually within 20 minutes or less - Lots of trades Strategy uses 3 Indicators The strategy uses 3 indicators: pivot points, Fibonacci retracement and the Stochastic Oscillator. The 3 main pivot points both above and below the pivot are used for this system: S1, S2, S3 and R1, R2, R3. The Fibonacci retracement values used are the 0.618, the 0.382 and the 0.500 levels. The Stochastic Oscillator is set at 5,3,3.
This presentation from FXstreet.com will help you design your own trading system from scratch with a proven and practical example.
Creating a trading system is the best way to manage risk, increase profitability and avoid emotions and subjective elements from affecting your judgement when trading forex.
Bollinger bands strategy - With Moving Averaga (BBMA)pipsumo traderfx
This forex trading strategy will be use 2 indicators.
The Bollinger bands and moving average.
Those 2 forex indicator will have rules and steps to find the entry.
In this file, you will have the bollinger bands basic settings and also the 2 moving average settings.
4 step buy and sell entry setup.
this is breakout trading strategy to use. if you understand how the breakout works.you can gain up to 100pips 200pips.
.
if you understand market trending and break out. you can make money with forex.
.
Forex Trendy is a powerful software tool designed for forex traders to enhance their trading decisions and maximize profit potential. It utilizes advanced algorithms and cutting-edge technology to analyze and identify the most profitable trends in the forex market.
One of the key features of Forex Trendy is its ability to scan and monitor multiple currency pairs simultaneously. It constantly evaluates the price action and chart patterns across different timeframes, providing traders with real-time data and insights. This allows traders to stay ahead of the curve and make informed trading decisions based on the most promising trends.
The software also incorporates pattern recognition technology, which helps traders identify various chart patterns such as triangles, wedges, and flags. These patterns can provide valuable clues about the future direction of the market, enabling traders to enter or exit positions at optimal times.
Furthermore, Forex Trendy offers customizable settings and filters, allowing traders to tailor the software to their specific trading preferences and strategies. It provides users with audible and email alerts whenever a new trend or pattern emerges, ensuring that no profitable opportunity goes unnoticed.
Overall, Forex Trendy is a comprehensive and user-friendly tool that equips traders with the necessary information and insights to navigate the dynamic forex market. By leveraging its sophisticated features, traders can increase their chances of success and achieve greater profitability in their trading endeavors.
Learn how to get Free Signal From Forex - Best Forex Trading strategyMao Sararith
What You Will Get:
1. Free Profitable Forex Signals with Minimum of 300 pips per month GUARANTEED.
2. Special Trick to drive your percentage of winning up to 95%
3. You don't need any Indicator, EA or Robot.
check out my blog: http://best10review.com
Discover the Smart Money with the Order Block Indicator & S&D indicator.pdfStaceyJarred
As a retail trader, you and I can’t control the market. We are talking about over $6 trillion worth of transactions daily in the forex market; how can we control that?
It’s the big boys known as smart money who control the market. Smart money refers to central banks, market makers, and institutional investors.
When they place an order, they don’t place it for thousands of dollars; they place it for millions and billions of dollars. That’s when the market moves, creating a situation known as order blocks.
The idea of an order block strategy is to ride along with the smart money. As mentioned earlier, as retail traders, we don’t control the market, so how about we do what smart money is doing?
We must create order blocks for the order block trading strategy. Bearish order blocks form when there is a large sell order by smart money. Bullish order blocks appear when there is a large buy order.
You can locate these zones at the end of a strong trend. After that, you just have to draw a rectangle on the origin of the new trend.
By plotting order block zones, we can move along with the big boys and place buy and sell orders.
You might be thinking, “How will these zones help me?”
Central banks and other market movers don’t place their orders at once. They wait and place their orders in regular intervals creating “blocks.”
They don’t place their orders at once because it can create high volatility and disrupt the market. That’s when the price returns to certain levels, so smart money can place their orders again, which presents us with an entry point.
So, now you know what order blocks are, we can move into the best order block trading strategies.
Zero To Hero : Complete Binary Options Trading GuideMichael Selim
Welcome to binary options “Zero to Hero” guide. This guide is designed to take people who are new to binary options trading and teach them, step by step, how to become knowledgeable and expert traders.
In this guide we will take you on a journey from the basics of binary option trading through to the more advanced, expert levels. When you have completed the “Zero to Hero” guide, you will be equipped with the knowledge and understanding to trade binary options like a pro.
YOUR FREE TRADING SYSTEM: http://www.netpicks.com/tjgiveaway1
I personally find the stories of traders such as those found in the Market Wizards books such an enjoyable read. Even better are the stories from those that were in the trading trenches long before we had the technology that we do today.
Even many of the popular trading indicators of today were not in use back when many traders were making serious bank trading. The popular MACD made it’s appearance in the 70’s while Bollinger bands saw the light in the 80’s.
A lot of what these indicators show was seen by these traders just by looking at a price chart.
This is a far cry from traders of today who often times have charts with so many indicators that price bars are impossible to see.
I find the “old timers” quite inspiring and the trading wisdom they pass along is unmatched.
Which brings me to Richard Donchian.
http://www.netpicks.com/trading-wisdom-from-yesteryear/ - READ MORE
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3. Table Of Contents
Chapter I: Introduction
I.1. Why MagicBreakout?_____________________________________________________________3
What makes the MagicBreakout strategy different and magic.
I.2. What is really a “breakout”?_______________________________________________________3
Identify “good” breakouts and “false” breakouts. Good breakouts result in nice profits, but false breakouts turn back to
losses. The next paragraph will reveal the secret why false breakouts occur more often and who is responsible for this
phenomenon.
I.3. The secret behind false breakouts___________________________________________________4
Have you heard about the old famous 123-Pattern? Have you ever tried it? Have you tried to trade the breakouts? Forget it.
Let's explain the insider's secret why most traders lose money trying to catch the breakouts. Let's discover the myth.
I.4. Julie comes with a genial solution: Enter the breakout before the crowd!__________________5
This is the heart of the MagicBreakout strategy. Julie has found a tricky way to distinguish between good breakouts and
false breakouts. Moreover, her eyes see a breakout before it happens! “Amazing, I can't believe I'm doing this!”
Chapter II: Entry
II.1. Chart set-up____________________________________________________________________6
Prepare your chart.
II.2. Entry rule______________________________________________________________________7
Enter the market only when your system tells you. Emotionless trading.
II.3 Practical implementation_________________________________________________________9
Recognize a valid entry step by step.
Chapter III: Exit
III.1. Chart set-up__________________________________________________________________11
Prepare your chart.
III.2. Exit rule_____________________________________________________________________12
Remember: Exit is much more important than entry! Knowing when it is time to exit the market is a very important task.
Some traders get out too early of a winning trade because they do not follow a given system. Some traders enter the market
blindly and they nervously watch the chart and ask themselves: “Should I close the position now... or NOW?!”. Their
emotions control their trading and they consistently lose money. Remember, it is a discipline that separates winners from
losers.
Chapter IV: Maximize your profits and achieve exponential earnings
__________________________________________________________________________________13
If you strictly follow the money management rules, it is a very easy task to become a Forex millionaire in a relatively short
time. Can't believe? Let us show you the math.
www.magicbreakout.com 2
4. Chapter I: Introduction
I.1. Why MagicBreakout?
● Enter the market before the crowd.
With this strategy you will be able to predict breakouts before the momentum traders arrive.
● MagicBreakout is a conservative trading strategy
It's safe. You risk a small amount of money on every trade.
● Mechanical.
Trade by following a set of simple rules.
● Easy to implement.
Convince yourself that trading is really easy!
● Profitable.
If you stick to the rules and go through a series of losing trades, you will finally become
profitable.
● Scalable.
Our MagicBreakout strategy has become a key of the top traders.
An improved MagicBreakout+ strategy can make +67% in one month.
Our student made 5400% in one year using his own exit rules.
I.2. What is really a “breakout”?
A breakout happens when the price breaks a significant high and makes a new high. This is the
definition. Let's give an example.
Another breakout happens when the price breaks a significant low and makes a new low.
www.magicbreakout.com 3
5. It looks simple. Most traders are trying to catch these breakouts and make money on the accelerated
price move. A so-called momentum trader places his buy-stop order just above the significant high. He
is waiting for this high breakout... If there is no breakout, he cancels his buy-stop order and prepares for
the next trade. If the breakout happens and his buy-stop target is filled, his trading platform
automatically opens a long position. The same holds for a low breakout (in that case, trader would
place a sell-stop order). Why traders are doing that? Because the price action typically accelerates after
a breakout and results in a nice profit. But it's not so sweet every time. There is a risk of significant
loss. The nightmares of momentum traders are “false breakouts” and they happen too often. Let's
explain why.
Good breakout False breakout
I.3. The secret behind false breakouts
Let's discuss the false high-breakouts (the same holds for low-breakouts). There are times when price
breaks a significant high, a buy order is filled, long position is opened, but the price quickly turns back
down and never comes up or Stop Loss is filled. The trader has to exit position with a loss. Small losses
are not something unusual. Every professional trader has losses in Forex trading, you have to admit it.
But a profitable trader wins more than loses after time. We have tested some breakout systems on all
major currency pairs ten years back. Most of the breakouts were false breakouts or resulted in a small
profit. Any system that relies purely on breakouts does not work consistently. Since we, Tim and Julie,
are in the financial markets for more than ten years, we have collected some sort of information the
large banks and corporations do not want you to know.
A large bank has enough money to move the market for a while. When the price hits the
significant high again, it should normally bounce back from this high forming a double top pattern. But
momentum traders would go long when a breakout happens - it is the well known practice explained in
previous paragraph. When the price comes close enough to the high, traders inside the bank quickly
buy a large volume of one currency pair ($ millions!). They move the market a few pips up and a
forced breakout happens! There is a bunch of buy-orders lying just above the high and these orders get
filled immediately. Then the market moves some additional pips up because of the new long positions.
After that the bank happily closes its own large position (sells the millions back) and the price quickly
turns back. The banks “earn” great amount of money doing this unfair business. They do it a few times
every day...
www.magicbreakout.com 4
6. I.4. Julie comes with a genial solution: Enter the breakout before the crowd!
Julie experimented with the CCI indicator (Commodity Channel Index) in the Forex market years ago.
There are two common lines: +100 line and -100 line on the indicator chart. When CCI crosses (or
“breaks”) the 100 line upward, it is a good entry signal to go long. When CCI crosses (or “breaks”) the
-100 line downward, it is a good entry signal to go short.
Good signal means that the probability of winning dramatically increases. In other words –
CCI indicator acts like a filter for spotting winning trades. Not only a filter. It gives an opportunity to
enter the market before a breakout! There was a hard work in developing a definite profitable strategy
based on this knowledge. Our strategy is easy to use and gives impressive results. With our students,
we made a fortune in the years 2006 and 2007 starting with less than one thousand dollars. We will
give our knowledge to you in the next chapters.
www.magicbreakout.com 5
7. Chapter II: Entry
II.1. Chart set-up
For the entry rules, we need two basic indicators:
● CCI 20 (Commodity Channel Index, Period 20, Typical Price)
● The Wave (EMA34 High, EMA34 Close, EMA34 Low)
The second one actually consists of three exponential moving averages, but we will treat them as one
indicator called the Wave. We will call the moving averages Wave-top, Wave-middle and Wave-bottom.
The set-up for MetaTrader 4:
www.magicbreakout.com 6
8. Our chart is prepared for trading the basic MagicBreakout strategy
II.2. Entry rule
First, we will discuss long entries. Now, read the rules and you will learn practical implementation step
by step in the next paragraph.
● Be sure that the market is trending up.
Beware from the sideways market. The Wave is a great tool that helps us to determine the trend.
Trend definition:
Uptrend: The price has already crossed the Wave upward and the price is above the Wave-
bottom at this moment.
Downtrend: Similarly, the market is trending down if the price is below the Wave-top.
Uptrend Downtrend
www.magicbreakout.com 7
9. ● Price was above the Wave for some time.
(above the Wave-top)
● Price entered the Wave.
Price was above the Wave and then crossed the Wave-top downward.
● CCI crossed +100 line upward; A POSSIBLE LONG ENTRY SIGNAL on the next
candlestick opening.
This is a good signal to go long on the next candlestick opening. But be careful...
● “Five bars check” rule.
Check that CCI was below the +100 line for at least five bars before the cross.
● Check that the market is trending up now.
Check that the price is above the Wave-bottom as in the first rule.
● Buy now!
If all above has fulfilled, buy as the new candlestick opens.
Look at the picture. We have defined an interesting pattern called the “swing”.
www.magicbreakout.com 8
10. Simply said, price entered the Wave and then returned back up. But this sentence sounds too
subjective. We have put it all into mechanical rules that are easy to follow.
Don't enter the market when you “feel” that the price is going up again. Some traders do so, but they
get stuck when the price plunges lower! Don't rely on the standard breakout system. The breakout may
be false. Enter only if CCI has crossed the line! Look at the picture carefully. Do you see that we have
entered the market before the breakout... before the crowd?! Do you see the great advantage of the
MagicBreakout strategy?
II.3 Practical implementation
Practically, you must follow the written rules backwards:
● CCI crossed the +100 line upward.
Was it below the +100 line for at least five bars? Is it above the +100 line now? If yes, continue
to the next step.
Remember, the signal is valid only if the candlestick has already closed.
● Is price trending up?
Is price above the Wave-bottom? (Stick with our definition! Don't let your feeling or intuition to
define the trend! Trend definition is a mechanical task here, although sometimes
counterintuitive.) If yes, go to the next step.
● Do you see a valid swing pattern?
Train your eyes on the first few trades and you will see the swing pattern subconsciously
without reviewing the rules. Review: price was above the Wave and then entered the Wave. In
other words, price crossed the Wave-top downward. OK?
● Buy now!
And prepare your exit targets...
We can simply create the rules for a short entry:
● CCI crossed the -100 line downward.
Look at CCI when the candlestick has closed. Was it above the -100 line for at least five bars?
Is it below the -100 line now? If yes, continue to the next step. We have to check market
conditions.
● Is price trending down?
Is price below the Wave-top? (Stick with our definition! Don't let your feeling or intuition to
define the trend! Trend definition is a mechanical task here, although sometimes
counterintuitive.) If yes, go to the next step.
● Do you see a valid swing pattern?
Train your eyes on the first few trades and you will see the swing pattern subconsciously
without reviewing the rules. Review: price was below the Wave and then entered the Wave. In
other words, price crossed the Wave-bottom upward. OK?
● Sell now!
And prepare your exit targets...
www.magicbreakout.com 9
11. Note: There exists a better entry and much better way how to identify the trend and filter some bad
trades by looking only once on another time-frame. Such a system is a great advantage because there
are only few traders watching on two different time-frames. You will learn our “Holy Grail” in the
next chapters of the incredible MagicBreakout+ strategy with our proprietary indicators and alerts
that will make you a top trader.
We are too lazy to watch the market and look for good entry signals.
The MagicBreakout+ indicators and alerts help us to do it automatically. You will
never miss a good signal or break the rules, the software can check all the rules for
you. The software tells you exactly where to place Stop Loss! We recommend it for
beginners too. The indicators will help you fully understand the swing formation and
our amazing system.
Visit:
http://www.magicbreakout.com/plus
www.magicbreakout.com 10
12. Chapter III: Exit
III.1. Chart set-up
We will use Fibonacci targets in this version. Fibonacci targets are very powerful. We often see that
price hits the target and quickly retraces back. MetaTrader 4 set-up:
Click on the tool Fibonacci Retracement:
Place the Fibonacci retracements on the chart as shown below. Connect the swing high with swing low
by dragging the mouse.
You have to modify the default set-up. We will use these targets: 0.0, 1.0, 1.618 and 2.0. Right-click on
the chart and choose Objects List (or use shortcut CTRL+B).
Select Fibo and click Edit. Edit the targets by double-clicking on the Level and Description values. We
will use these Level values: 0, 1, 1.618 and 2. You can choose a custom description for each level
value. We recommend to set something like 0.0 @ %$ as a description. It is a useful trick; the
mysterious symbol %$ will be replaced by the price level on the chart (example: 0.0 @ 2.0480).
www.magicbreakout.com 11
13. III.2. Exit rule
Plan your trade, trade your plan. Let's assume we have opened a long position. We must take care about
the profit target and Stop Loss right after the entry.
● Place the first profit target (sell-limit order) at 1.618 Fibonacci level;
● Place the second profit target (sell-limit order) at 2.0 Fibonacci level;
● Place Stop Loss (sell-stop order) at 0.0 Fibonacci level.
As the price hits our first target, close a half of the position (so we recommend you to trade at least two
lots/minilots/microlots). As the price hits our second target, sell the rest. Place Stop Loss just two pips
below the 0.0 level. The low acts as support and if broken, the trend is probably over.
We can simply create rules to exit from a short position:
● Place the first profit target (buy-limit order) at 1.618 Fibonacci level;
● Place the second profit target (buy-limit order) at 2.0 Fibonacci level;
● Place Stop Loss (buy-stop order) at 0.0 Fibonacci level.
Note: This is a basic exit rule. You can consistently make money using entries and exits as described
above. But look at the chart: wouldn't it better if we exited later? The trend continues and we are not
in! Wouldn't it better if we could squeeze the trend to the end and earn HUGE profit from one single
trade? “Trend following” from the beginning to the end of the trend is a dream of all traders in the
world. Some individual traders know how to achieve it. They know how to recognize that the trend is
probably going to reverse. They stay with the trend for days, weeks or even months and make millions.
You will learn how to earn thousands of dollars from a single trade (!) in the next chapters of the
MagicBreakout+ strategy.
www.magicbreakout.com 12
14. Chapter IV: Maximize your profits
and achieve exponential earnings
What does your equity look like?
www.magicbreakout.com 13
15. 1) A typical undisciplined trader.
He lost.
www.magicbreakout.com 14
16. 2) A typical disciplined trader.
His account is growing.
But it's growing slowly and suffers deep
drawdowns.
3) A typical disciplined trader that fully
understands money management.
His account is growing consistently.
www.magicbreakout.com 15
17. 4) A typical disciplined trader that fully
understands money management and has
read the True Money Management book.
His account is growing consistently and
rapidly.
He takes millions from the markets and
he is winning trading competitions. Some
professors of economics call him “a
lucky boy” because they can't believe it's
not pure luck that made him successful.
He is a real guru but not a genius. He is
just acting smart.
All four traders were trading the same strategy!
A profitable strategy is not everything you need to make money consistently. You must strictly follow
money management rules. You need to know how much money to risk per trade and how to avoid
losses. If you want to learn simple mathematical tricks and techniques of the Forex gurus, visit:
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Do you believe it's possible to make +67% in one month from conservative trading? Do you believe
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