1. INTRODUCTION
This strategy is not in entry points, the most important of the entry points is Stop-Loss, easy to identify the entry points which is the entry with the trend but the most important is to put a stop loss, in this strategy traders are watching very closed points of resistance and support this is why a lot of times Price reflection is due to the war between buying and selling at this point when the resistance is broken or supported

2. Applying Breakout trading in forex
A) Currency Pairs :
All currency pairs in dukascopy platform
b) Time Frame
use 15 MIN and 30 MIN time frame

3. Concept of strategy :
Trading strategy is to find a movement in the market liquidity to close the pair above resistance or under support and this tells us that the liquidity is high on one side(up or down ), when the pair breaks up resistance and close we are opening a buy order market with the stop loss in the average number of points between support and resistance It was broken and when a candle closes under support we enter a sell deal and put stop loss in the points between the previous support and resistance will show you in Examples.

4. Examples:

a) open Long (buy) Trade :

use at less two highs and two lows to know the very support and resistance levels when the candle close above the resistance enter long order at market of the next stop loss = (resistance - support )\2
X=(resistance - support )\2
stop loss= resistance -X
take profit= market price +X

market price enter when candle closes and breaks up resistance

1)


here in photo we are have more than support in 112.07 and more resistance in 112.39 put the stop loss between support and resistance
X = (112.39-112.07)\2=16 point
point stop loss in 112.39-16=112.23
open buy market at 112.445
take profit at 112.44+16=112.60

will show in photo below



2)


here in photo 2 we are have more than support in 108.35 and more resistance in 109.35 put the stop loss between support and resistance
X= (109.35-108.35)\2=50 point
point stop loss in 109.35-50=108.85
open buy market at 109.44
take profit at 109.44+50=109.94


b) open short (sell) Trade :

use at less two highs and two lows to know the very support and resistance levels when the candle close below the support enter short order at market of the next candle stop loss and the target point
X=(resistance - support )\2
stop loss= resistance -X
take profit= market price -X

market price enter when candle closes and breaks down the support

1)

here in photo we are have more than support in 1.2281 and more resistance in 1.2347 put the stop loss between support and resistance
X=(1.2347-1.2281)\2=33 point
stop loss= 1.2347-33=1.2314
open sell market at 1.2273
take profit = 1.2273- 33=1.2240

will show in photo below


2)

here in photo we are have more than support in 0.9366 and more resistance in 0.9404 put the stop loss between support and resistance
X=(0.9404-0.9366)\2=19 point
stop loss= 0.9404-19=0.9385
open sell market at 0.9360
take profit = 0.9360- 19=0.9341

5. Some important notes about using
Breakout trading in Forex strategy

In this strategy we have to wait for the full conditions and not enter into any assumptions when the market approaches the resistance and support tends to Jump through time and open order which leads to the order will stop loss, wait and wait to the market make best conditions for that strategy and open order
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