Breakout Trading: Simple, Proven Strategies for Identifying and Profiting from Breakouts
Not Available / Digital Item
Please be aware orders placed now may not arrive in time for Christmas, please check delivery times.
Breakout Trading: Simple, Proven Strategies for Identifying and Profiting from Breakouts
Discover Simple Step-by-Step Strategies For Identifying, Predicting, Trading And Profiting From Breakouts
For the majority of the time, stocks and currency pairs tend to trade within well-defined ranges–- often between support and resistance levels. However, there comes a point when a security breaks out of its trading range, and this is known-– not surprisingly –-as a breakout. By identifying or predicting a breakout, a trader can take advantage of high-probability trading opportunities.
In this book, you'll learn simple step-by-step strategies, techniques and guidelines for identifying and predicting breakouts to help you generate consistent trading profits.
Here are some of the specifics you'll learn...
- What a breakout is, including Forex trading examples, candlestick charts and diagrams-- Chapter 1
- 6 different kinds of breakouts-- Chapter 1
- The concept of an "ascending triangle"-- What it is and how to use it to identify breakout trades to the upside-- Chapter 1
- The ultimate key to predicting breakouts as a Forex trader-- Chapter 2
- How to predict breakouts using volatility indicators such as moving averages, Bollinger Bands and average true range (ATR)-- Chapter 2
- How to know if a breakout is real-- Chapter 3
- The exact steps to get started trading breakouts-- Chapter 4
- 1 tip that could save you from huge trading losses (you don't want to miss this!)-- Chapter 5