Night Trade Review
GBPUSD Breakout for Long failed to enter setup.
Aggressive trade entered but profit was limited when the trade closed by 12.30am because 1.5300 is critical level.
Breakout for Short entered. If trader didn’t apply {Novice Trader Rescue Plan} & {if cannot break the current low in three hours time, trader should close the trade}, the trade will hit stop loss.
After hits SL, trader waited for retrace of 10-20 pips to enter trade of opposite direction {Long Trade} can earn back the stop loss earlier.

EURUSD Breakout for Long failed to enter setup.
Breakout for Short entered and hit stop loss. But after hit stop loss to enter trade of opposite direction {Long Trade}, trader can earn back the loss and gained small amount of profit.
After hit first stop loss at {1.3519} , wait for retracement of 10-20 pips then enter long trade at same EP {1.3519}. The first target profit will be the amount hit sl (38 pips), shift the SL to first tp to lock the profit. After profit more than 60 pips, included the 38 pips earlier, set trailing stop for at least 25-30 pips. For 30 pips trailing stop, the trade is still ongoing. For 25pips trailing stop, the trade will closed at {1.3562}. Overall both trades of EURUSD will profit less but not hit loss.
Aggressive trade failed to enter setup {no hit the condition of when the market is no longer going upward instead it reversed downward}

Novice Trader Rescue Plan –If the market isn’t moved toward the direction of open trade, instead the trend becomes smaller and come back near Entry Price. Trader should close the trade before incur any lose to determine the general direction. This may miss out trades but trader of small capital should protect their capital. As long there is capital in hand, there is always tomorrow in forex. Otherwise it’s time to say Goodbye to market.

Today most investment firms most probably will not enter the market in this afternoon, they will response after Non Farm Payroll released tonight. Beware of false breakout.
Recommend strategy: "Sell High” + "Buy Low" +to trade in the high and low point in the range, keep Take Profit in your pocket is the best way.

GBPUSD - Breakout Strategy
Long - EP{1.5318}, SL {1.5291}, TP - 1.5403
Short - EP {1.5201}, SL {1.5229}, TP – 1.5118

EURUSD - Breakout Strategy
Long - EP{1.3638}, SL {1.3611}, TP- 1.3703.
Short - EP {1.3511}, SL {1.3539}, TP- 1.3408
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Aggresive trader
GBPUSD Sell - EP “1.5300”,
EURUSD Sell - EP “1.3610”,
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.

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Buy low trader pays attention to the major line of
GBPUSD {1.5200-1. 5150}, 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.