How To Trade The Breakout? (Part I)

Thanks for coming back! You may want to subscribe to my RSS feed. Thanks for visiting and please leave your comments on our articles! Trade the forex market volatility.Who doesn’t want to reap massive profits from a big price move in a short time? This is what breakout trading can provide you. A [...]

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Identifying False Breakout

Understand the forex market. There are some technical formations where the false breakouts are more likely to occur in the currency price charts. You should be able to identify likely false breakouts in order to employ the breakout fading strategy. You need to apply a lot of common sense in identifying a false breakout. Learn [...]

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What Is Breakout Fading?

Understand the forex market.Suppose you believe that the currency prices will not be able to follow through action in the direction of the breakout. Fading breakouts refers to trading against breakouts. When we believe that breakouts from support and resistance levels to be false and unsustainable we fade breakouts. Get good forex training.
Develop your own [...]

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Stop Hunting

Understand the forex market.There must be a seller for each buyer and a buyer for each seller. If there is so much market demand to buy above a resistance level or sell below the support, the broker acting as the market maker has to absorb all these orders. However, you must know that the market [...]

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Specialize In Trading USD (Part II)

Understand forex market. Knowing currency correlations between the major pairs can help you a lot in your trading. Suppose you have the data about the currency correlations of the major currency pairs. The correlation between GBP/USD and EUR/USD is 0.68. This correlation coefficient is positive and it means both the pairs move in the same [...]

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