Forex Trading System

Forex Trading Systems: The Busted Breakout System E-learning Course Introduction

Gabriel Grammatidis developed and refined his Busted Breakout system on the concept of trend-following while he was still enrolled in the Super Trader program. The system has a high win rate (about 65%) and it takes advantage of a price pattern that happens again and again in the charts — breakout failures. The main advantage of this is that it benefits from running for other peoples’ stops. This is a unique edge of the system making the trade break-even early on. Watching 15-minute charts for 4-6 hours a day and trading only the biggest, most liquid currency pairs, the system finds easily more than 150 trades per year. Gabriel is confident that someone with the programming skills could turn the system into a well-performing automated trading system.
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