Just got 22 pips on GBPUSD H1 using 2 bar breakout strategy

HI just want to show you a nice trade setup using 2 bar breakout strategy. Its 24 December 2013 and GBPUSD H1 time frame gives me a buy signal. There are two last H1 candles that meet the 2 bar breakout strategy. The last candle high is lower than the previous and the last candle low is lower than the previous. I open buy on breakout with 1:1 ratio. See my setup below.

buy gbpusd 24 dec 2013

Will post another signal and trade result in the future.


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