Super Signal Fix Distance breakout trading strategy

Super Signal Fix Distance V3 is a good BUY and SELL signal indicator. But like many other indicators, fake signals occur every time. Even there is a SELL signal, its not necessarily to open SELL immediately. We must have another strategy or indicator to confirm that the price will move down. Here I want to show you how to use this Super Signal Fix Distance indicator with Fibonacci breakout strategy.

This strategy sometimes hit the profit target in just few minutes but sometimes it can take few days. But my believe is that the level 161.8 is very important, so no matter how long it will take, the profit target will be reached, as long as the conditions are met.

supersignal-system-breakout-1

Trade result SELL GBPJPY 24 March 2014

In just one hour my profit target was hit. This is the trade result of my previous signal SELL GBPJPY on 24 March 2014 based on breakout strategy.

sell-gbpjpy-1

 

SELL GBPJPY 24 March 2014

I just opened a SELL position on GBPJPY pair this evening. Today is Monday 24th March 2014. Based on my breakout signal, GBPJPY should travelling to around 168.38. Here is my trade setup

sell-gbpjpy-1

The price has broken the last support and I took sell position with the target is Fibonacci level 161.8. I hope this will be a good trade for me.

CADJPY buy target 91.70

It still a good chance to buy CADJPY and the target at 91.70. This trade signal is based on the SuperSignal and Support Resistant breakout. The price has triggered the BUY area but still not hit the target yet. Here is the trade setup.

cadjpy buy

Will see this trade setup on the next trading days. Cheers

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