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.