Earlier today we emailed about the EURUSD trade that was longed at 1.1440. The trade went as high as 1.1480. The fxcot system closed one set at 1.1456 and then one at 1.1477 and remaining at breakeven.
The BREAKOUT system is the first system inside fxcot four layered trading system. A breakout system takes a trade at key break of resistance or support and then partial exists as the price moves in its direction. If price moves against the initial break, then breakeven stops protect profit and the system stabilises as seen in the EURUSD trade today.
The BREAKOUT system is the most profitable part of fxcot system but one needs to be watchful to when it arrives. That is why the fxcot automated trading system which is always monitoring the 5 min 15 min and H1 time frames to trigger the BREAKOUT trades.
Here is what ONLY THE BREAKOUT Part of FXCOT did ONLY On EURUSD.
ALl four systems can be understood here: Trading Strategy
Full performance for all systems together is
As a client you can request the full MT4 statement for full trading system that made 15.77 million using BREAKOUT, VOLATILITY, SCALPING AND TREND SYSTEMS. THE FULL MT4 REPORT IS OVER 15 MB IN SIZE AND IS SENT TO ALL REGISTERED CLIENT.
The report will show that each trade has its own stops and targets.