August 28, 2015Daily Analysis

8/28 Analysis: 4 Quick & Easy Profitable Breakout Trades

When we start our analysis just before the NY session opens, we see the JPY (yellow line) is strong and getting stronger and the CAD (green line) is weak and getting weaker.

However, we don’t have real strong momentum currently in the market so we would place a pending sell order 10 pips below the current price.


The horizontal line that I have on the chart above shows where the pending sell order would be triggered. From there, it quickly hits the 20 pip profit target (within 15 minutes) if you were following our simple breakout strategy.

When you watch the entire video analysis below, I’ll show you 3 more quick and profitable breakout trades you could have entered today:

You can see that our Currency Strength Indicator is an effective tool for picking out the highest probability, lowest risk trade set ups while avoiding market conditions that aren’t favorable. If you keep using this tool every day along with our daily Forex analysis, you will increase your win rate and be on your way to becoming a profitable trader long term.

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James Edward
James Edward has been a successful Forex hedge fund manager & educator for over a decade. He founded Complete Currency Trader, a London based firm that has consistently trained individuals to become professional and profitable traders long term using the individual currency strength analysis methodology. CCT is an elite Forex educational firm and has a reputation second to none with over 90 positive reviews and an overall 4.538 out of 5 rating on the third party verification site Forex Peace Army. James’s affable personality, expert knowledge, notoriety for getting results, and steadfast dedication to his clients, has secured his position as one of the most trustworthy, liked, and in demand authorities in the industry.