Thread: Trading Breakouts

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  1. #1
    Affemshomo
    Guest

    Default

    A blatantly overlooked concept is there is ALWAYS somebody on the other side of the trade.

    IF party A, blinded by greed, buys the breakout, then.......party B is abandoning rather than holding out for higher prices.

    As for volatility, it's more predictable than price. Quiet leads to noise/range expansion, noise leads to quiet.

    More volume merely is a matter of magnitude.

    The most reliable breakouts occur well before the apex of a simple triangle. Reflects urgency better than volume does.

    (Message edited by efficiency on March 14, 2011)
  2. #2

    Default Trading Breakouts

    here is a good breakout system and results are below the video

    www.alanhull.com

    markets getting smashed tonight so far but anything can happen hey
  3. #3
    AfudDaple
    Guest

    Default

    Thanks for the link, I liked the presentation for its simplicity. Most breakout systems that I have considered are way to complicated for me.

    I know my limitations, and simple is good for me.

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