‘p’ Tagged Posts

How To Trade the Breakout? (Part I)

When the currency price moves beyond the period of consolidation or range trading, a breakout typically occurs. Massive profits are what breakout trading can provide you. Who doesnt want to reap massive profits from a big price move in a short time?

 

Breakout Fading Explained (Part IV)

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.

Breakout Fading (Part III)

However, every false breakout may not be the result of the tricks big players use. Market running out of steam to reach higher highs and lower lows in a sustained price break may also give you a false breakout.

Breakout Fading Explained (Part II)

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 maker is not a fool.

Breakout Fading Explained (Part I)

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.