This is a great example as we have a NR4 pattern, price is above the hourly moving average and the weekly trend is ultra strong. Our new FX Trend Bias tool also showed this as likely to explode as breakout showed the highest strength all day.
Archive for NR Breakouts
Feb
24
NR7 Inside Bar Drop
This is a great example of trading with the trend. Both weekly and monthly trend super weak, price is under the hourly moving average and then we have a NR7 ID pattern. You short upon low of range breakdown and price falls over 100 pips.
Feb
23
NR Breakout + Counter Trend Sell
This is a great example of our NR breakout system finding a 50 pip up move and our bread and butter counter trend system selling the high once upwards momentum fails at 4am EST. Price then continues down 110 pips.
Feb
12
USDCHF NR7 IB breakout + Trading Sell Zone
In this example the weekly and monthly trend is up, price is above hourly MA and when price broke out of the NR7 inside bar pattern it exploded up about 100 pips. Look to exit trend trades at our Trading Sell Zone.
Feb
12
GBPUSD NR7 breakout + Trading Sell Zone
Great example of both our NR breakout going right to predicted high which was a great place to exit trade and flip short.
Feb
12
EURUSD NR7 Inside Bar Breakdown
Weekly and monthly trend down, price consolidating under hourly MA and when breakout happened trended down almost 100 pips.
Feb
12
NZDJPY NR7 Breakout + Weekly Trend Up
Weekly trend is up and price broke out over the NR7 bar high.
Feb
12
AUDJPY NR7 Breakout
Price found support at last month’s low and broke out over hourly MA and NR7 pattern.
Feb
12
GBPJPY NR7 Breakout + Trading Zone
Great example of NR7 breakout over yesterdays high plus weekly trend up, price went right to our predicted high trading zone sell area.
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