Forex Blog FX » NR Breakouts

USDCAD NR4 explosion

LeverageFX — Thu, 25 Feb 2010 21:51:15 +0000

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.

NR7 Inside Bar Drop

LeverageFX — Wed, 24 Feb 2010 21:48:51 +0000

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.

NR Breakout + Counter Trend Sell

LeverageFX — Tue, 23 Feb 2010 22:26:59 +0000

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.

USDCHF NR7 IB breakout + Trading Sell Zone

LeverageFX — Fri, 12 Feb 2010 22:24:02 +0000

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.

USDCAD NR7 breakout + Trading Sell Zone

LeverageFX — Fri, 12 Feb 2010 22:22:45 +0000

GBPUSD NR7 breakout + Trading Sell Zone

LeverageFX — Fri, 12 Feb 2010 22:21:38 +0000

Great example of both our NR breakout going right to predicted high which was a great place to exit trade and flip short.

EURUSD NR7 Inside Bar Breakdown

LeverageFX — Fri, 12 Feb 2010 22:20:32 +0000

Weekly and monthly trend down, price consolidating under hourly MA and when breakout happened trended down almost 100 pips.

NZDJPY NR7 Breakout + Weekly Trend Up

LeverageFX — Fri, 12 Feb 2010 22:19:31 +0000

Weekly trend is up and price broke out over the NR7 bar high.

AUDJPY NR7 Breakout

LeverageFX — Fri, 12 Feb 2010 22:18:30 +0000

Price found support at last month’s low and broke out over hourly MA and NR7 pattern.

GBPJPY NR7 Breakout + Trading Zone

LeverageFX — Fri, 12 Feb 2010 22:17:29 +0000

Great example of NR7 breakout over yesterdays high plus weekly trend up, price went right to our predicted high trading zone sell area.