Candle 30 min Breakout

Candle 30 min Breakout Use EUR/USD AND GBP/USD Only Trade Must Be In 3 Days Up More

In this candle 30 min breakout strategy system we are going to use only four type candle setups namely the candle mornigstar,candle evenningstar, Bullish Engulfing and the Bearish Engulfing
type. The graph is a candle 30 min breakout chart with
1.Bollinger Bands Indicator set at 21period, deviation of 2 and no shift.

 2.Moving Average: 21 exponential shift 0

3.Moving Average: 89 simple shift 0
4.Moving Average: 200 simple shift 0
5.Macd 5.1.fast ema : 10
5.1.fast ema : 10                                                                                                                                    5.2.slow ema : 22
5.3.singnal sma:1
5.4 levels 15,30,45,-15,-30,-45
6.volume use In conjunction with Moving Average: 13 exponential shift 0,apply to:first indicator data
 7.fibonacci retracement

1 How to install Moving Average set in 30 min

1.1Moving Average: 21 exponential shift 0.

1.2Moving Average: 89 simple shift 0.

1.3Moving Average: 200 simple shift 0.

2 How to install Moving Average set in 1 Hour

2.1Moving Average: 21 exponential shift 0.

2.2Moving Average: 89 simple shift 0.

2.3Moving Average: 200 simple shift 0.

3. How to install  Moving Average set in 4 hour.

3.1Moving Average: 21 exponential shift 0.

3.2Moving Average: 89 simple shift 0.

3.3Moving Average: 200 simple shift 0.

                                                                                                                                                                   4. How to install You must set the Moving Average of daily, weekly, monthly.

4.1 Moving Average: 8 exponential shift 0.

4.2 Moving Average: 21 exponential shift 0.

4.3 Moving Average: 89 simple shift 0.

4.4 Moving Average: 200 simple shift 0.

4.5 Moving Average: 365 exponential  shift 0.

5.News Avoid

USD Non-Farm Employment Change

USD Unemployment Rate                                    

USD Federal Funds Rate

Article 1-4 of the Moving Average all it resistance support each time frame means that when you're trading
Candle 30 min breakout.

You see how close to where resistance support get close to each Moving Average lines per time frame not trading, wait for it to price through before
For long entries we are looking for a Morning star and a bullish Engulfing candle formation and for a

short position we are looking for an Evening star and a bearish Engulfing formation.

In the examples you will find that the Morning star(MS) and Evening star(ES) formations are not

allways classic correct according to the book formation but you will found that there accuracy is

extremely good.

This strategy is very simple and can be mastered very quickly. The difficult part is to recognise the

different setups so practice of history to see these setups must be done.

The aim is not to make 100pips at a time but to enter the position and take some profit at the middle

band and set the rest at breakeven and let the remainder run to the top band or closeby it.

History have shown that for the EurUsd a 20-30pip profit is what to look for. Do some backtesting on

the pair you want to trade and determine per currency what is the safest pips this strategy will give.

 

The graph explains it as it is. When

Take Profit 1 is reached then 50% can

be closed and the remainder set at

breakeven or an equivalent of pips as

stoploss so that a overall breakeven is

obtained should it turn around.