How can I identify breakout currency pairs while working a full-time job and trading forex in parallel?

I have a full-time job and trade forex alongside it. Due to work commitments, I sometimes miss breakout opportunities. I want to know the best ways to spot trendline breakouts or EMA-based breakouts before or after my work hours. What strategies, indicators, or tools can help me stay ahead without constantly monitoring the charts?

I think the post linked to below (just click on the green words) may be really helpful to you, as it certainly has been to many other members here :wink:

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To catch breakout while working full time, focus on higher timeframes and set alerts for trendlines or EMA breaks ,use simple strategies like swing trading and automate alerts a bit of pre-work analysis helps you stay on top of moves without constantly checking charts .

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That’s one approach (undoubtedly used by some people).

Another, very different one, also successfully used by some, is to trade from much lower timeframes just within your limited available hours (maybe just a couple of hours per day, after work or whatever), limiting your trading to perhaps 10 hours per week of concentrated attention.

This can actually speed up the learning process greatly, compared with your suggestion above.

The other obvious, additional benefits of this approach include avoiding the risks of having unwatched open trades whose stop-losses may need adjustment, a far higher trade-frequency (i.e. more actual trading experience gained more quickly) and the safety of much tighter stop-losses, limiting the downside potential. :sunglasses:

People’s objectives and aspirations vary, but this would actually be my own preferred approach.

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Great points… I’m definitely with you on this one. shorter sessions, focused attention, and tighter stops helped me level up faster too.

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Trading along a full time schedule can be challenging. Focus on higher timeframes like the 4H and Daily and mark out key trendlines on these charts and set alerts to be notified when price approaches those levels. To catch momentum shifts, combine these alerts with 20EMA or 50EMA crossovers depending on your system. Use your available time like early morning, lunch breaks, or evenings to review the market and update your levels.

TheodoreThring That’s a cool way to think about it! Trading in short bursts after work could actually teach you faster 'cause you’re really paying attention. Plus, you don’t have to worry as much about trades hanging open while you’re busy with your job. My first thought was just to look at the big charts since I’m working, but your idea of really focusing for a bit on the quick charts makes a lot of sense for learning and keeping things safer. Thanks for pointing that out!

Hey everyone! This thread is super helpful. I’m also trying to juggle a full-time job with learning to trade Forex, and those breakout opportunities feel impossible to catch.
So, from what I’m gathering, focusing on the bigger charts like the 4-hour and daily makes sense since I can check them before/after work. Marking trendlines seems like a good first step – are there any simple ways to draw those accurately?

It’s easy to swing trade off D1 using price action alone, with entries and stop-losses via pre-set orders.

I have successfully used a swing trading strategy published in a book by Marc Rivalland. It isn’t revolutionary but it is objective and demands only that you look at the charts on your watch-list at the close each day. There is no requirement for manual involvement in managing positions until they go into profit, at which time you can think about adjusting the SL to bring exit forward or adding to them.

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Exactly. stick to daily/4H charts. For trendlines, just connect clear highs/lows—keep it simple.

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There are breakout systems out there that only need 10 minutes or so a day to trade.

This one for example:

You can login around 8:55am (UK Time) and be done by 09:05 - not sure how profitable this one is just yet still testing.