The Breakout "55" Strategy is only using the 45 period EMA and no other indicators. It is working on the concept of breakout trading and is very simple. However only experienced traders should trade this strategy because breakouts can often result in a fake out with price reversing back to its previous trend. This strategy is working best on H4 and daily time frames and therefore is not an intraday strategy. Please have in mind that it requires quite some experience in knowing how to identify a breakout from a fake out.
Breakout "55" Strategy Rules
Long Set up:
Short Set up:
Short Set up
Long Set up