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Forex daily brkouts

This is a discussion on Forex daily brkouts within the Forex Discussion forums, part of the Forex Markets category; Hi. I am starting this thread for the daily brkouts on forex. My indicators are mostly Bollinger bands, Flexbox, ATR ...

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Old Jun 28, 2009, 7:18am   #1
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Forex daily brkouts
Hi.
I am starting this thread for the daily brkouts on forex.
My indicators are mostly Bollinger bands, Flexbox, ATR and ADX.
But also very important "inside days" and "narrow range".

First trade here:

GBP USD

Expectting a huge brkout next week.
With targets for the next 10-15 days more than 1000 pips.
(i will take this trade with an "brkout bet" on BOM (BetOnMarkets.com))
The odds for this trade are about 4 for the next 20-25 days. I thinks this is OK.



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Old Jun 28, 2009, 7:42am   #2
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You might be right we will see. I'd be tempted to hedge the binary with a spread bet short until see way market does go. Just my little thought for the day.
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