5 pips per trade with trendline breakout strategy

Its now time for scalper. What do you think if we can get 5 pips per trade. Is it enough for you? For some people, 5 pips is garbage and not worthy but think again. For example we can open position 10 times per day, we can get 5x10 equal 50 pips per day. This method that I will show you give a pretty good probability. See my transactions today below

Click the image for larger view.

So, which technique that I used to get the above result? The answer is trend line breakout. I tried many indicators and EA but its too complicated to follow. Metatrader already equipped with many powerful tool we can use to trade with simple. See how I trade trend line breakout with only 8 pips target (minus 3 for spread). The only indicator that I am using is the EMA 60 as the trend indicator. I trade along with the trend. If the price moving above the EMA, I only take Long and if the price moving below the EMA 60 I only take short.

See the chart above. The price break the EMA 60 from the bottom. As I mentioned before, I will only go Long at this situation. I wait the price to retrace and then I draw a trendline connection highs. When price break this line, I go Long with 8 pips target. I always put stop loss below the recent low when buy. The picture above clearly explain what I mean. For me, 5 pips nett is enough for each trade. If the stop loss is too far, I would not enter the trade.

This is my currently running transaction with this method

And in few minutes my TP was hit :)