Monday 18 February 2013

Trading Breakouts and Fakeouts


Trading breakouts and fakeouts are strategies that every trader should have in his trading toolbox!
Lessons on Trading Breakouts and Fakeouts
1.    Trading Breakouts
Breakouts in trading can be just as bad as breakouts on your face if you don't know what to do with them. But treat them right and they could land you massive profits!
2.    Ways to Measure Volatility
As you'll come to learn, the world of forex is full of tools to help us find breakout trade opportunities.
3.    Types of Breakouts
It's important to know the difference between continuation and reversal breakouts so you don't end up on the wrong side of the trade!
4.    Spotting Breakouts
Unlike breakouts on your face, you don't need a mirror to spot breakout trading opportunities. It's a piece of cake, really!
5.    Measuring the Strength of the Breakout
Measuring the strength of breakouts? We've got tools for that too!
6.    Trading Fakeouts
A fakeout is exactly what its name implies - a fake breakout!
7.    Fade the Breakout
Sometimes, you can make mad money by trading in the opposite direction of the breakout. Some call it being crazy, but we call it fading the breakout!
8.    How to Trade Fakeouts
The pros know how to do it... You can learn, too!
9.    Summary: Trading Breakouts and Fakeouts
Time to wrap up everything you've learned about breakouts and fakeouts!