Trading The New Strategy! ( 180 pips live trade NZDJPY )

"And for the specific strategy that allowed me to enter this trade here on the New Zealand yen."

"The next pair we're going to take a look at is the pound yen. And on this pair, we had a very similar trading opportunity."

"And with my strategy telling me that I could go long, my strategy, my rules-based strategy telling me that I had an entry reason, I decided to go ahead and go long here on this pair."

"After that third break and close above a previous resistance level, that's when I really started thinking that we may be heading in the bullish direction. So for that reason, I decided to start looking for bullish trading ideas."

"We could have entered on a pullback trade looking at our swing low here up to our swing high and entering the market at a 50% pullback depending on the entry reasons we got down on the 1 hour chart."

"So yeah, guys, you could have used that 50% retracement and this double bottom as an entry reason."

"So, we did break below doing a false breakout to the downside, but then we pushed right back above this level in a very impulsive manner all the way up to this resistance level."

"But if the market breaks above this level, then we could see a very large push up because that would be considered a breakout of a daily resistance level."

"And guys, this is going to be a rules-based breakout strategy that I'm going to do a course on as well."