GBPUSD EURUSD Night 25 Feb 2010

Morning Trade Review
GBPUSD Breakout for Short is fulfilled with 30 pips {if the price is unable to break the lowest price after 3 hour, trader should close the trade near EP to observe the market direction}. For those didn’t close the trade due to too less profit, this trade will be no win no lose.
Setup for Aggressive trade and Breakout for Long are invalid.

Setup of EURUSD Breakout for Short is valid.
Setup for Aggressive trade and Breakout for Long are invalid.
Hundred Pips Executor successfully accomplished mission.


Speech of Federal Chairman Ben Bernanke remains as the focus tonight. Beware of the false breakout create by the market maker.
Recommend strategy for this Night: "Sell High"+ "Buy Low" by using the least stop loss to earn the most target profit.

For low risk trader: In order to prevent false breakout, you shouldn’t enter trade without retrace after initial breakout. Flexible during trading, the way of handling will determine the quality of your trade.

GBPUSD - Strategy for Night
Breakout for Long - EP{1.5368, wait for retrace and breakout upward again to buy},
SL {1.5341}, TP1- 1.5463, TP2- 1.5523, TP3- 1.5583}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5291, wait for retrace and breakout downward again to sell},
SL {1.5329}, TP1 - 1.5208, TP2 - 1.5158, TP3 - 1.5108.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Night
Breakout for Long - EP{1.3558, wait for retrace and breakout upward again to buy},
SL {1.3531}, TP1- 1.3663, TP2-1.3713, TP3- 1.3763}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3471, wait for retrace and breakout downward again to sell},
SL {1.3509}, TP1 - 1.3368, TP2 - 1.3308, TP3 - 1.3258.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 23:15 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5368}, EURUSD{1.3558}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 23:15 {GMT +8:00 Singapore}, if the market trends down but failed to break
Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5350”,
EURUSD near price of “1.3530”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5200, 1.5150}, EURUSD {1.3450, 1.3400}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Morning 25 Feb 2010

Night Trade Review
GBPUSD Breakout for Short enters setup. The market went into range and profit is too less so most traders did not close the order, instead chose to wait for the news released. But they forgot {if it’s unable to break the lowest price after 3 hour, trader should close the trade near EP to observe}. As a result, the market became volatile after news and hit the SL.


The key point here is not about the SL, but the emotion affected and cannot make the correct decision later part. Without the first SL, after 17:30 {GMT +8:00 Singapore} the market trends down but failed to break Breakout for Short or false breakout, enter “BUY” is definitely profits.
Then price reached “Aggresive trade setup”, enter Sell trade and profits too. Emotion is the key part in trading, strategy is secondary.

EURUSD After 23:15 {GMT +8:00 Singapore}, if the market trends down but failed to break
Breakout for Short or false breakout, waiting for reversal and enter Buy. The profit is more than 60 pips.

Setup of EURUSD for Breakout for Long is invalid.
Hundred Pips Executor successfully accomplished mission.

Recommend strategy for this morning: "Sell High"+ "Buy Low" by using the least stop loss to earn the most target profit.

For low risk trader: In order to prevent false breakout, you shouldn’t enter trade without retrace after initial breakout. Flexible during trading, the way of handling will determine the quality of your trade.

GBPUSD - Strategy for Morning
Breakout for Long - EP{1.5518, wait for retrace and breakout upward again to buy},
SL {1.5491}, TP1- 1.5623, TP2- 1.5683, TP3- 1.5743}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5451, wait for retrace and breakout downward again to sell},
SL {1.5489}, TP1 - 1.5348, TP2 - 1.5288, TP3 - 1.5228.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Morning
Breakout for Long - EP{1.3608, wait for retrace and breakout upward again to buy},
SL {1.3581}, TP1- 1.3693, TP2-1.3743, TP3- 1.3793}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3541, wait for retrace and breakout downward again to sell},
SL {1.3579}, TP1 - 1.3448, TP2 - 1.3388, TP3 - 1.3338.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 17:30 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5518}, EURUSD{1.3608}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 17:30 {GMT +8:00 Singapore}, if the market trends down but failed to break
Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5510”,
EURUSD near price of “1.3590”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5360}, EURUSD {1.3450}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Night 24 Feb 2010

Morning Trade Review
GBPUSD Breakout for Short is fulfilled with 30-40pips {if the price is unable to break the lowest price after 3 hour, trader should close the trade near EP to observe the market direction}. For those didn’t close the trade due to too less profit, this trade will be no win no lose.
Setup for Aggressive trade and Breakout for Long are invalid.

Setup of EURUSD Breakout for Short is valid with 30 pips profit.
Setup for Aggressive trade and Breakout for Long are invalid.
Hundred Pips Executor successfully accomplished mission.

Tonight is focus on talk of Federal Chairman Ben Bernanke. The market is definitely going to move in big momentum. Beware of the false breakout create by the market maker.
Recommend strategy for this Night: "Sell High"+ "Buy Low" by using the least stop loss to earn the most target profit.

For low risk trader: In order to prevent false breakout, you shouldn’t enter trade without retrace after initial breakout. Flexible during trading, the way of handling will determine the quality of your trade.

GBPUSD - Strategy for Night
Breakout for Long - EP{1.5518, wait for retrace and breakout upward again to buy},
SL {1.5491}, TP1- 1.5623, TP2- 1.5683, TP3- 1.5743}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5411, wait for retrace and breakout downward again to sell},
SL {1.5449}, TP1 - 1.5288, TP2 - 1.5228, TP3 - 1.5168.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Night
Breakout for Long - EP{1.3628, wait for retrace and breakout upward again to buy},
SL {1.3591}, TP1- 1.3733, TP2-1.3783, TP3- 1.3833}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3559, wait for retrace and breakout downward again to sell},
SL {1.3423}, TP1 - 1.3428, TP2 - 1.3378, TP3 - 1.3328.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 23:15 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5518}, EURUSD{1.3628}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 23:15 {GMT +8:00 Singapore}, if the market trends down but failed to break
Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5480”,
EURUSD near price of “1.3600”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5300, 1.5250}, EURUSD {1.3400, 1.3350}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Morning 24 Feb 2010

Recommend strategy for this morning: "Sell High"+ "Buy Low" by using the least stop loss to earn the most target profit.

For low risk trader: In order to prevent false breakout, you shouldn’t enter trade without retrace after initial breakout. Flexible during trading, the way of handling will determine the quality of your trade.

GBPUSD - Strategy for Morning
Breakout for Long - EP{1.5518, wait for retrace and breakout upward again to buy},
SL {1.5491}, TP1- 1.5623, TP2- 1.5683, TP3- 1.5743}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5451, wait for retrace and breakout downward again to sell},
SL {1.5489}, TP1 - 1.5348, TP2 - 1.5288, TP3 - 1.5228.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Morning
Breakout for Long - EP{1.3608, wait for retrace and breakout upward again to buy},
SL {1.3581}, TP1- 1.3693, TP2-1.3743, TP3- 1.3793}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3541, wait for retrace and breakout downward again to sell},
SL {1.3579}, TP1 - 1.3448, TP2 - 1.3388, TP3 - 1.3338.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 17:30 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5518}, EURUSD{1.3608}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 17:30 {GMT +8:00 Singapore}, if the market trends down but failed to break
Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5510”,
EURUSD near price of “1.3590”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5360}, EURUSD {1.3450}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Night 22 Feb 2010

Morning Trade Review
GBPUSD Breakout for Short is fulfilled. Since today is traded within small range as foreword in the morning, the profit is not big.
Setup for Aggressive trade and Breakout for Long are invalid.

EURUSD Breakout for Short is valid but the profit is limited, same with the above reason.
Setup for Aggressive trade and Breakout for Long are invalid.
Overall profits for GBPUSD and EURUSD are 80pips.
Hundred Pips Executor successfully accomplished mission.


Recommend strategy for this Night: "Sell High"+ "Buy Low" by using the least stop loss to earn the most target profit.

For low risk trader: In order to prevent false breakout, you shouldn’t enter trade without retrace after initial breakout. Flexible during trading, the way of handling will determine the quality of your trade.

GBPUSD - Strategy for Night
Breakout for Long - EP{1.5548, wait for retrace and breakout upward again to buy},
SL {1.5521}, TP1- 1.5643, TP2- 1.5693, TP3- 1.5743}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5481, wait for retrace and breakout downward again to sell},
SL {1.5529}, TP1 - 1.5348, TP2 - 1.5288, TP3 - 1.5238.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Night
Breakout for Long - EP{1.3668, wait for retrace and breakout upward again to buy},
SL {1.3641}, TP1- 1.3763, TP2-1.3823, TP3- 1.3873}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3591, wait for retrace and breakout downward again to sell},
SL {1.3629}, TP1 - 1.3488, TP2 - 1.3438, TP3 - 1.3288.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 23:15 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5548}, EURUSD{1.3668}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 23:15 {GMT +8:00 Singapore}, if the market trends down but failed to break
Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5520”,
EURUSD near price of “1.3650”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5350, 1.5300}, EURUSD {1.3500, 1.3450}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Night 19 Feb 2010

Morning Trade Review
GBPUSD Breakout for Long and Aggressive trade's setup are invalid.
Breakout for Short enters setup and profits more than 80 pips.

EURUSD Breakout for Long and Aggressive trade's setup are invalid.
Setup of Breakout for Short {1.3551} is fulfilled but no win no lose {if EURUSD cannot break the lowest price after 3 hour, trader should close the trade near EP to observe the market direction before further action}
Hundred Pips Executor successfully accomplished mission.


Recommend strategy for tonight: "Sell High" + "Buy Low" by using the least stop loss to earn the most target profit.

GBPUSD - Strategy for Night
Breakout for Long - EP{ 1.5468, wait for retrace and breakout upward again to buy},
SL { 1.5441}, TP1- 1.5573, TP2- 1.5633, TP3- 1.5693}.
If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5371, wait for retrace and breakout downward again to sell},
SL {1.5409}, TP1 - 1.5248, TP2 - 1.5188, TP3 - 1.5138}
If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Night
Breakout for Long - EP{1.3588, wait for retrace and breakout upward again to buy},
SL {1.3561}, TP1- 1.3693, TP2-1.3743, TP3- 1.3793}.
If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3491, wait for retrace and breakout downward again to sell},
SL {1.3539}, TP1 - 1.3368, TP2 - 1.3308, TP3 - 1.3258.
If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 23:15 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5458}, EURUSD{1.3588}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 23:15 {GMT +8:00 Singapore}, if the market trends down but failed to break
Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5430”,
EURUSD near price of “1.3560”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5300, 1.5250}, EURUSD {1.3350, 1.3300}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Morning 19 Feb 2010

Night Trade Review
GBPUSD Breakout for Long enters setup and profit more above 70pips.
Aggressive trade enters setup and profit at least 100pips.
Setup of Breakout for Short is valid but over effective time.

Breakout for Long enters setup and earns almost 100 pips. The price reversed to fall sharply immediate after hit TP1.
Aggresive trade setup is fulfilled and earns almost 100 pips.
EURUSD Breakout for Short is valid but over effective time.
Hundred Pips Executor successfully accomplished mission.


Yesterday was a crazy night to grab US dollar but it’s not a dream for experience trader to earn 400~600 pips for the whole days. Congrats to all traders who earn a lot yesterday!

Today the morning market will consolidate in range to digest yesterday info.
Recommend strategy for this morning: "Sell High"+ "Buy Low" by using the least stop loss to earn the most target profit.

For low risk trader: In order to prevent false breakout, you shouldn’t enter trade without retrace after initial breakout. Flexible during trading, the way of handling will determine the quality of your trade.

Trick for low risk trader to survive: If the market goes opposite direction after you enter trade, remember to close the trade when the price is retracing to entry price. Then judge the direction of market before enter a new trade. We rather miss the opportunity of trade than lose the money because low risk trader has limited capital. Who care if earn less? Bear in mind the market is always there for you tomorrow as long you have capital on your hand!

GBPUSD - Strategy for Morning
Breakout for Long - EP{1.5498, wait for retrace and breakout upward again to buy},
SL {1.5471}, TP1- 1.5593, TP2- 1.5643, TP3- 1.5693}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5431, wait for retrace and breakout downward again to sell},
SL {1.5469}, TP1 - 1.5318, TP2 - 1.5268, TP3 - 1.5208.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Morning
Breakout for Long - EP{1.3558, wait for retrace and breakout upward again to buy},
SL {1.3531}, TP1- 1.3713, TP2-1.3793, TP3- 1.3773}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3491, wait for retrace and breakout downward again to sell},
SL {1.3539}, TP1 - 1.3388, TP2 - 1.3338, TP3 - 1.3288.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 17:30 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5498}, EURUSD{1.3558}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 17:30 {GMT +8:00 Singapore}, if the market trends down but failed to break
Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5470”,
EURUSD near price of “1.3530”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5300, 1.5250}, EURUSD {1.3350}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Night 18 Feb 2010

Morning Trade Review
GBPUSD Breakout for Long setup is invalid.
Breakout for Short {1.5641} enters setup and profits more than 60 pips.
Aggressive trade {1.5700} enters setup and profit at least 100 pips.

EURUSD Breakout for Long setup is invalid.
Setup of Breakout for Short {1.3551} is fulfilled but no win no lose {if EURUSD cannot break the lowest price after 3 hour, trader should close the trade near EP to observe the market direction before further action}
Aggressive trade {1.3610} is fulfilled and profits at least 30-40 pips.
Hundred Pips Executor successfully accomplished mission.

Recommend strategy for tonight: "Buy Low" + "Sell High" by using the least stop loss to earn the most target profit.

GBPUSD - Strategy for Night
Breakout for Long - EP{ 1.5588, wait for retrace and breakout upward again to buy},
SL { 1.5551}, TP1- 1.5693, TP2- 1.5753, TP3- 1.5813}.
If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5531, wait for retrace and breakout downward again to sell},
SL {1.5569}, TP1 - 1.5428, TP2 - 1.5378, TP3 - 1.5318}
If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 23:15 {GMT +8:00 Singapore}, if the market trends down but failed to break EP of Breakout for Short, waiting for the direction to reverse and trends up before enter a Long trade, TP and SL is same as Breakout for Long. If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

EURUSD - Recommended strategy for Night
Breakout for Long - EP{1.3558, wait for retrace and breakout upward again to buy},
SL {1.3511}, TP1- 1.3653, TP2-1.3703, TP3- 1.3753}.
If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3511, wait for retrace and breakout downward again to sell},
SL {1.3549}, TP1 - 1.3408, TP2 - 1.3358, TP3 - 1.3308.
If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 23:15 {GMT +8:00 Singapore}, if the market trends down but failed to break EP of Breakout for Short, waiting for the direction to reverse and trends up before enter a Long trade, TP and SL is same as Breakout for Long. If hits SL, trader should wait for retrace of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Aggressive trade
GBPUSD near price of “1.5550”,
EURUSD near price of “1.3530”,
When the market is no longer going downward instead it reversed upward, now it is time to enter Long trade, SL is same as EP of Breakout for Short. (Make sure the market is no longer goes down and reverse first before enter a Long trade.), TP is same as Breakout for Long.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Sell.

Sell High trader pays attention to the major line of
GBPUSD {1.5700, 1.5750}, EURUSD {1.3650.3700}.
If the price is unable to breakout, enter Short trade with SL of 10-20, take profit after market retraces.

GBPUSD EURUSD Night 17 Feb 2010

Morning Trade Review
GBPUSD Breakout for Long enter setup and profit at least 40pips.
Aggressive trade enters setup and profit 30pips before 18:30.
Setup of Breakout for Short is invalid.

EURUSD Breakout for Long setup is failed {no breakout 10~15pips then retrace to break again}, this is false breakout. The experience trader will enter reverse trade to sell.
Setup of Breakout for Short is invalid.
Aggressive trade is fulfilled and profits at least 30-40 pips. Even trader doesn’t close the trade, SL will not hit as well because trader will shift SL to EP after TP is positive 30pips. {just treat like no enter this trade, no earning}
Hundred Pips Executor successfully accomplished mission.


Recommend strategy for tonight: "Sell High" + "Buy Low" by using the least stop loss to earn the most target profit.

GBPUSD - Strategy for Night
Breakout for Long - EP{ 1.5838, wait for retrace and breakout upward again to buy},
SL { 1.5811}, TP1- 1.5943, TP2- 1.5993, TP3- 1.6063}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5761, wait for retrace and breakout downward again to sell},
SL {1.5809}, TP1 - 1.5648, TP2 - 1.5588, TP3 - 1.5528.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Night
Breakout for Long - EP{1.3788, wait for retrace and breakout upward again to buy},
SL {1.3751}, TP1- 1.3893, TP2-1.3943, TP3- 1.3993}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3721, wait for retrace and breakout downward again to sell},
SL {1.3759}, TP1 - 1.3608, TP2 - 1.3558, TP3 - 1.3508.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 23:15 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5838}, EURUSD{1.3788}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

Aggresive trade
GBPUSD near price of “1.5800”,
EURUSD near price of “1.3760”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5650}, EURUSD {1.3630}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Morning 17 Feb 2010

Night Trade Review
GBPUSD Breakout for Short enter setup and profit more above 50pips.
Setup of Breakout for Long is valid but over effective time.
Aggresive trade setup is failed.

EURUSD Breakout for Short setup is failed {breakout less than 10~15pips then retrace to break again }
Setup of Breakout for Long is valid and profits more than 50pips
Aggresive trade setup is fulfilled, but it very few pips or no win no lose {if EURUSD cannot break the lowest price after 3 hour, trader should close the trade near EP to observe the market direction before further action}
Hundred Pips Executer successfully accomplished mission.

Recommend strategy for this morning: "Buy Low" + "Sell High" by using the least stop loss to earn the most target profit.

GBPUSD - Strategy for Morning
Breakout for Long - EP{1.5768, wait for retrace and breakout upward again to buy},
SL {1.5731}, TP1- 1.5873, TP2- 1.5933, TP3- 1.5993}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5731, wait for retrace and breakout downward again to sell},
SL {1.5759}, TP1 - 1.5628, TP2 - 1.5578, TP3 - 1.5518.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Morning
Breakout for Long - EP{1.3768, wait for retrace and breakout upward again to buy},
SL {1.3731}, TP1- 1.3883, TP2-1.3933, TP3- 1.3993}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3721, wait for retrace and breakout downward again to sell},
SL {1.3759}, TP1 - 1.3618, TP2 - 1.3568, TP3 - 1.3508.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 17:30 {GMT +8:00 Singapore}, if the market trends down but failed to break
GBPUSD{1.5740}, EURUSD{1.3740}
Waiting for the direction to reverse and trends up before enter a Long trade, SL is EP of breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade –breakout for Short.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5740”,
EURUSD near price of “1.3670”,
When the market is no longer going downward instead it reversed upward, now it is time to enter Long trade, SL is same as EP of Breakout for Short. (Make sure the market is no longer go down and reverse first before enter a Long trade.), TP is same as Breakout for Long.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Sell.

Sell High trader pays attention to the major line of
GBPUSD {1.5800.1.5850}, EURUSD {1.3800.3850}.
If the price is unable to breakout, enter Short trade with SL of 10-20, take profit after market retraces.

GBPUSD EURUSD Night 16 Feb 2010

Morning Trade Review
GBPUSD Breakout for Long and Short: setup failed
Aggresive trade setup is fulfilled, win more than 50 pips.

EURUSD Breakout for Long and Short: setup failed
Aggresive trade setup is fulfilled, win more than 30pips.
Hundred Pips Executor had successfully accomplishes morning mission today.


Recommend strategy for tonight: "Sell High" + "Buy Low" by using the least stop loss to earn the most target profit.

GBPUSD - Strategy for Night
Breakout for Long - EP{1.5768, wait for retrace and breakout upward again to buy},
SL {1.5741}, TP1- 1.5873, TP2- 1.5933, TP3- 1.5993}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5681, wait for retrace and breakout downward again to sell},
SL {1.5729}, TP1 - 1.5568, TP2 - 1.5508, TP3 - 1.5458.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Night
Breakout for Long - EP{1.3708, wait for retrace and breakout upward again to buy},
SL {1.3681}, TP1- 1.3793, TP2-1.3843, TP3- 1.3893}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3651, wait for retrace and breakout downward again to sell},
SL {1.3689}, TP1 - 1.3538, TP2 - 1.3488, TP3 - 1.3438.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 23:15 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5768}, EURUSD{1.3708}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

Aggresive trade
GBPUSD near price of “1.5740”,
EURUSD near price of “1.3670”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5550}, EURUSD {1.3500}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Morning 16 Feb 2010

Beware of organization manipulate the market to create false breakout today.
Recommend strategy for this morning: "Sell High" + "Buy Low" by using the least stop loss to earn the most target profit.

GBPUSD - Strategy for Morning
Breakout for Long - EP{1.5768, wait for retrace and breakout upward again to buy},
SL {1.5741}, TP1- 1.5873, TP2- 1.5933, TP3- 1.5993}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5681, wait for retrace and breakout downward again to sell},
SL {1.5679}, TP1 - 1.5568, TP2 - 1.5508, TP3 - 1.5458.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Morning
Breakout for Long - EP{1.3708, wait for retrace and breakout upward again to buy},
SL {1.3681}, TP1- 1.3793, TP2-1.3843, TP3- 1.3893}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3621, wait for retrace and breakout downward again to sell},
SL {1.3669}, TP1 - 1.3508, TP2 - 1.3458, TP3 - 1.3408.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 17:30 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5768}, EURUSD{1.3708}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5740”,
EURUSD near price of “1.3670”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is same as EP of Breakout for Long. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5550}, EURUSD {1.3500}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

I wish all of you have a fruitful trading day!

Take Note:
1. Breakout for Short and Long: To prevent false breakout, the price must breakout at least 10~15 pips and retrace back the EP before we can buy or sell.
2. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
3. The preference to enter market: “Aggressive trader” strategy will be the first choice, breakout for Long/Short will be second choice.

GBPUSD EURUSD Morning 15 Feb 2010

Happy Tiger Year!! Today market will be relatively quiet as Asia Foreign exchange market is closed and US bank is in holiday too.

Recommend strategy for this morning: "Sell High" + "Buy Low" by using the least stop loss to earn the most target profit.

GBPUSD - Strategy for Morning
Breakout for Long - EP{1.5768, wait for retrace and breakout upward again to buy},
SL {1.5741}, TP1- 1.5873, TP2- 1.5933, TP3- 1.5993}.

If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5641, wait for retrace and breakout downward again to sell},
SL {1.5679}, TP1 - 1.5538, TP2 - 1.5478, TP3 - 1.5418.

If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Morning
Breakout for Long - EP{1.3708, wait for retrace and breakout upward again to buy},
SL {1.3681}, TP1- 1.3793, TP2-1.3843, TP3- 1.3893}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3591, wait for retrace and breakout downward again to sell},
SL {1.3629}, TP1 - 1.3488, TP2 - 1.3438, TP3 - 1.3388.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 17:30 {GMT +8:00 Singapore}, if the market trends up but failed to break GBPUSD{1.5768}, EURUSD{1.3708}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

Aggresive trader – the one who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5740”,
EURUSD near price of “1.3670”,

When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is same as EP of Breakout for Long. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5570}, EURUSD {1.3500}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

GBPUSD EURUSD Morning 12 Feb 2010

Weekend is coming and next week is Chinese New Year, all The Asia Foreign exchange market will be closed. Hence, we don't advise the traders to keep open position until next week.

Recommend strategy for this morning: "Buy Low" + "Sell High" by using the least stop loss to earn the most target profit.

Sell High trader pays attention to the major resistance line of GBPUSD {1.5800.1.5850}, EURUSD {1.3800.3850}. If the price is unable to breakout the resistance, enter Short trade with SL of 10-20, take profit after market retraces. The market will be volatile today; we advise you don’t keep the trade for too long. Leave the market after take profit.

For low risk trader: In order to prevent false breakout, you shouldn't enter trade without retrace after initial breakout. Flexible during trading, the way of handling will determine the quality of your trade.

GBPUSD - Recommended strategy for Morning
Breakout for Long - EP{1.5651, wait for retrace and breakout upward again to buy}, SL {1.5651}, TP1- 1.5833, TP2- 1.5893, TP3- 1.5943}. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5621, wait for retrace and breakout downward again to buy}, SL {1.5659}, TP1 - 1.5528, TP2 - 1.5478, TP3 - 1.5428. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 17:30 {GMT +8:00 Singapore}, if the market trends down but failed to break the EP of Breakout for Short; we should wait the direction to change and trends up before enter a Long trade, TP and SL is same as the strategy for Breakout for Long. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – Sell, TP and SL is same as the strategy for Breakout for Short.

EURUSD - Recommended strategy for Morning
Breakout for Long - EP{1.3668, wait for retrace and breakout upward again to buy}, SL {1.3631}, TP1- 1.3783, TP2-1.3823, TP3- 1.3883}. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3591, wait for retrace and breakout downward again to buy}, SL {1.3629}, TP1 - 1.350, TP2 - 1.3458, TP3 - 1.3408. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 17:30 {GMT +8:00 Singapore}, if the market trends down but failed to break the EP of Breakout for Short; we should wait the direction to change and trends up before enter a Long trade, TP and SL is same as the strategy for Breakout for Long. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – Sell, TP and SL is same as the strategy for Breakout for Short

Aggresive trader – the one who dare to enter opposite trade after hit SL. GBPUSD near price of “1.5640”, EURUSD near price of “1.3620”, when the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is same as EP of Breakout for Long. (For conservative trader, kindly adjust according to individual ability to take risk. Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short. If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

For aggressive trader, bear in mind “When the market is no longer trends down, enter a Long trade after the market changes direction.

GBPUSD EURUSD Morning 22 Feb 2010

Thanks to my fellow trader who believes and follows my strategy all along. During Chinese New Year, I also did my best to bring all my followers to grab at least 600~800 pips in the market! Even the beginner can take at least half of the profit. “Gong Xi Fa Cai” is just word only, but I am using my strategy to let all of you earn big “New Year Ang Pau”.

Today is last week of month end where big organization will report their earning release as well as commodity and forex option expired time. Most investment firm will push up the price to settle Put Option Contact (Short). The best prove is the commodity price and non-US night market being push higher on last Friday night. This is purely technical adjustment, definitely not the positive for non-US market in long term.

Short range will be expected today. Recommend strategy for this morning: "Sell High"+ "Buy Low" by using the least stop loss to earn the most target profit.

For low risk trader: In order to prevent false breakout, you shouldn’t enter trade without retrace after initial breakout. Flexible during trading, the way of handling will determine the quality of your trade.

GBPUSD - Strategy for Morning
Breakout for Long - EP{1.5548, wait for retrace and breakout upward again to buy},
SL {1.5511}, TP1- 1.5663, TP2- 1.5693, TP3- 1.5743}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.5481, wait for retrace and breakout downward again to sell},
SL {1.5529}, TP1 - 1.5368, TP2 - 1.5308, TP3 - 1.5258.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

EURUSD - Recommended strategy for Morning
Breakout for Long - EP{1.3708, wait for retrace and breakout upward again to buy},
SL {1.3681}, TP1- 1.3793, TP2-1.3843, TP3- 1.3893}.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell. The strategy is same as Breakout for Short.

Breakout for Short - EP {1.3641, wait for retrace and breakout downward again to sell},
SL {1.3679}, TP1 - 1.3538, TP2 - 1.3478, TP3 - 1.3428.
If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – buy, the strategy is same as Breakout for Long.

After 17:30 {GMT +8:00 Singapore}, if the market trends up but failed to break
GBPUSD{1.5548}, EURUSD{1.3708}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 17:30 {GMT +8:00 Singapore}, if the market trends down but failed to break
Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader who dare to enter opposite trade after hit SL.
GBPUSD near price of “1.5530”,
EURUSD near price of “1.3690”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP. (Make sure the market is no longer go up and reverse first before enter a Short trade.), TP is same as Breakout for Short.
If the trade hits SL, waiting for retrace of 10-20 pips to enter opposite trade – Buy.

Buy Low trader pays attention to the major line of
GBPUSD {1.5350, 1.5250}, EURUSD {1.3550}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.