The 32 Points Strategy: Simple EUR/USD Breakout
The "32 Points" strategy is a time-based breakout system specifically tailored for the EUR/USD currency pair. It aims to capture the market momentum generated during the London Open by identifying a specific price range and targeting a fixed profit, leveraging the concept of volatility breakout.
Strategy Profile
Instrument
EUR/USD
Timeframe
H1 / M30
Type
Breakout
1. Strategy Setup
This strategy relies on identifying the high and low of a specific time window prior to the main market session. The breakout from this defined range signals the potential direction of the day's trend.
2. Long Entry (Buy) Rules
Place a Buy Stop pending order to catch the upward momentum:
- Entry: Place Buy Stop 5 points above the High of the reference range.
- Target: Fixed Take Profit of 32 points.
- Stop Loss: Placed at the Low of the range or a fixed distance (e.g., 20 points).
3. Short Entry (Sell) Rules
Place a Sell Stop pending order to catch the downward momentum:
- Entry: Place Sell Stop 5 points below the Low of the reference range.
- Target: Fixed Take Profit of 32 points.
- Stop Loss: Placed at the High of the range or a fixed distance.
Trade the Breakout: Use the 32 Points strategy for consistent daily targets and earn cashback.
⚠️ Disclaimer: The content of this article is strictly for informational purposes and does not constitute investment advice. FXRebate is a rebate and affiliate service, not a broker or fund manager; responsibility for trades and funds lies exclusively with the third-party broker. Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. Partner links used do not generate additional costs for you.
