Bre
Breakout Trading Strategy
Topic
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Recent Predictions
Incorrect: 0
Pending: 11
Unrated: 0
Prediction
Author
Predicted at
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Video
The speaker will demonstrate an advanced method for trading trending markets using buy stop and sell stop orders to capture high-momentum moves.
"I want to show you how to capture really accurate moves if the markets trending using these buy stop..."
Jul 1, 2020
Pending
A catalyst, such as news or a major structural level, is required before initiating a breakout trade.
"You want to have some type of catalyst before looking for an entry like this for me a catalyst is ei..."
Jul 1, 2020
Pending
A breakout is considered when the market hits a major level, pushes down, and crosses below the 20 EMA.
"If this market hits that level and then crosses below that 20 EMA we were just looking at the blue l..."
Jul 1, 2020
Pending
The daily structural resistance level serves as a catalyst, suggesting the market might continue downwards.
"We've had a catalyst the catalyst fitting the catalyst for me thinking that this market is gonna kee..."
Jul 1, 2020
Pending
After identifying the first swing low that crosses below the 20 EMA, a sell stop order will be placed just below it to anticipate a breakout downwards.
"I'm going to start looking for is this first swing low after this push down that crosses below our 2..."
Jul 1, 2020
Pending
The objective is to capture the initial move of a downtrend, aiming for a favorable risk-to-reward ratio.
"What I'm doing is try to capture the first move on a downtrend that hopefully will last much longer ..."
Jul 1, 2020
Pending
A sell stop order is placed a few pips below a identified swing low to enter the market on a potential downward breakout.
"I would have a sell stop order let's color it red so this is a sell stop order and I would have that..."
Jul 1, 2020
Pending
Upon crossing below a specific level, the sell stop order will execute an entry at approximately 1.0900.
"If the market comes to this level if we cross below this level what this sell stop orders going to d..."
Jul 1, 2020
Pending
For breakout trades, a stop-loss is placed just above the entry candle to achieve a good risk-to-reward ratio.
"On these breakout trades in order to give myself a really good risk to reward is put a stop loss jus..."
Jul 1, 2020
Pending
Targets for breakout trades are set around the previous support level of the prior uptrend.
"For a target I would like to get targets off somewhere around the previous support level of the prev..."
Jul 1, 2020
Pending
For upward breakouts, the process is reversed: hit a daily structure level, cross above the 20 EMA, identify the first swing high, and place a buy stop order above it to capture the start of an uptrend.
"For this type of trade it would be exactly the opposite for a bad trade but we'd be looking for for ..."
Jul 1, 2020
Pending