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A Breakout Trading Forex Strategy

Similarly, in case you find a currency pair making a 20 day low

, look for it to reverse and make a 2 day high in the next three days. Enter into a short trade if you find this pair trading below the 20 day low in the next three days. Place the stop loss a few pips above the 2 day high that you have previously identified. Protect your profits by using a trailing stop. Good Luck!

A Breakout Trading Forex Strategy

By: Ahmad Hassam
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