2009-09-30

An Example of FTM's Breakout Method

Early this morning, there were many opportunities available in my major 12. However, the better one will be using FTM's Breakout Method. The following is a snapshot of EUR/USD hourly chart which demonstrated a probable set-up using FTM's breakout method. A long trade can be initiated at 14609 with a stop loss of 1.4577 (i.e. 31 pips risk)



The trade is still ongoing and currently, using the breakout method, it is a risk-free trade. Let's see how it goes.

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