Hello everyone,

As I repeat over and over again through my Forex trading course, I often summarize my whole trading system around a very simple yet time-proven concept: Trade breakouts in the direction of the trend.

As a trader, and in pretty much everything else in life, I am a firm believer in the Ockham’s Razor principle. Ockham was a 14th-century English Franciscan friar (and mathematician in his spare time) who once postulated:

One should not increase, beyond what is necessary, the number of entities required to explain anything.

That statement eventually broke through the realm of mathematics and logics to become a widely-accepted truth in almost every other field: the simplest and most straight forward approach to a dilemma usually makes the best solution too.

Well, I reckon trading is no different: why should we over-stuff our charts with endless lines and flashy indicators if we could just “trade breakouts in the direction of the trend“? I recommend everyone to give it a try - it works in any market and any time frame… plus Ockham would be giving you the nod!

PS: with so much rambling I forgot to actually comment on today’s trade haha! I’ll sum it up real quickly: triangle breakout in the direction of the Moving Averages. First target met for +106 pips and stoploss moved to breakeven. I will upload the live video as soon as I exit out the trade.



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