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Author Topic: Predicting and Trading Breakouts: Predicting Breakouts for Early Entry  (Read 5981 times)

Offline ChartSecret

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    • How To Trade
An article I wrote about prediction of breakouts. I hope you enjoy (P.S.: If it is forbidden to link to other sites in the rules of your forum, then I'm sorry and please remove the topic. Thanks)

Breakouts are an critical issue in trading that each trader confronts in some stage of his or her trading career. The need for a strong and conclusive technique to trade and predict breakouts is of high importance due to the frequent percentage of fakeouts in last years, which happen even more in intra-day trading.This article features techniques to predict a breakout with high accuracy.

Read More:
http://www.chartsecret.com/content/predicting-and-trading-breakouts-predicting-breakouts-early-entry

Offline Forexrider

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Re: Predicting and Trading Breakouts: Predicting Breakouts for Early Entry
« Reply #1 on: October 17, 2015, 10:59:20 AM »
Predicting the breakouts and getting the right entry for making some number of pips is very much important for the traders such that they can be able to make good gains. I really like the london breakout trading strategy for GBP/USD which certainly gives me nothing less than 50 pips.

Offline erik.shaban

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Re: Predicting and Trading Breakouts: Predicting Breakouts for Early Entry
« Reply #2 on: November 13, 2015, 01:06:24 AM »
I find it interesting to watch resistance and support levels and what happens when currencies break these points.

Offline iMusingKiMi

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Re: Predicting and Trading Breakouts: Predicting Breakouts for Early Entry
« Reply #3 on: November 16, 2015, 06:18:00 AM »

What I can share from experience is Breakout is just like a rodeo bull riding, it will try to shake you out. Professional usually trade before it breakout by reading the market behavior. Some of them trade in 2nd breakout that reflects to Elliot Wave Basic theories.

Offline Profitable Trading

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Re: Predicting and Trading Breakouts: Predicting Breakouts for Early Entry
« Reply #4 on: November 21, 2015, 08:32:36 AM »
Trade breakouts needs a lot of experience to be successful, as we are getting lots of fake breakouts today's market.

Offline Forexrider

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Just going through the article written by you. Certainly it is always very much helpful for all the traders to trade the breakouts for better profit making :)

 

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