In this video I took a Breakout Trade that I like to call the Khaki Box Breakout
 
Quick Summary: Price got stuck in a very small range for over 12 hours which enabled me to draw in a Khaki box. Price then faked out one side of the box whilst bouncing off of a Trend Line and then shooting out the other side of the box. This gave me an entry point and an intelligent place for my Stop Loss so I could judge the Risk Reward before entering. The trade ended up as a break even trade and as promised in previous posts, I will post any trade I record win, lose, break even
 
In the video I once again use the tools available at ElectroFX:
 
- VIP Trade Manager – This is a piece of software that I designed to help manage trades so you’re not stuck in front of the computer all day and can pretty much eliminate emotion from managing a trade. Pay attention to the different lines that I draw and what each one does. It seems very simple, but is a powerful tool.
 
- Trading Server – It’s a high end, dedicated server that we host here at ElectroFX that is a pure trading machine. It does nothing else, but manages the trades for VIP Members.
The server gives you the flexibility to trade from anywhere in the world from a remote connection (laptop, computer, even an iphone or ipad!). This means you no longer have to worry about having a constant internet connection or if your computer goes to sleep or dies at home because our trading server is wired directly into an internet backbone with constant monitoring from our system administrator.
 
The trading server is what I used to take this trade in case I needed to go out, this allows me not to interrupt my daily plans just to make money.
 
The tools I offer here at ElectroFX are designed to free up your time and eliminate a large chunk of the emotion involved with trading.
 
To learn more check the EFX Access in the menu above.
 
POST TRADE UPDATE: This trade went to my original target that I had mapped out, AGAIN…but I did handle my particular entry as per my rules that work very well consistently so I am not bothered about that. What did bother me a little is that I did not check the next few candles on the M30. If I had I would have seen my Khaki Breakout method #2 set up perfectly to re-enter the sell. This was of course a winning trade and not another BE so I will just give myself a yellow card for being lazy