ilmscore | What is the best time to trade a Breakout?

What is the best time to trade a Breakout?

Published: 2017-07-29
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
Expectation for the New Zealand Dollar to continue moving higher.
"my expectation is that this Market can continue higher"
NZD
Pending
A bias for higher prices on the New Zealand Dollar, indicating a search for long opportunities on lower time frames.
"I can expect that the Market's going higher that gives me a bias that gives me a reason to look for long opportunities down on Lower time frames"
NZD
Pending
The New Zealand Dollar has room to continue higher due to a lack of significant daily chart structure ahead.
"we don't have any other structure on the daily chart until my next Red Line right here so what that tells me is that there is room for this Market to continue higher"
NZD
Pending
The New Zealand Dollar broke above previous daily structure and has approximately 150 pips of room before the next resistance, indicating potential for good profit.
"not only have we broke and closed above our previous level of daily structure but we also don't have another daily level of structure for about 150 Pips so that gives me a lot of room for some good profit"
NZD
Pending
The New Zealand Dollar made new highs and broke above previous highs.
"Market makes new highs Market has broken closed above previous highs"
NZD
Pending
Buying pressure on the New Zealand Dollar could continue to the next daily resistance level.
"we could see this buying continue all the way to our next level of daily resistance"
NZD
Pending
Potential for a 4:1 risk-reward ratio on the New Zealand Dollar trade, targeting the daily structure level.
"all the way up here at this daily structure level you're looking at it around a 4 to1 risk reward possibly"
NZD
Pending
The speaker's preferred time to trade a breakout is immediately after a daily structure level is broken.
"my favorite time to trade a breakout is going to be directly after the break of a daily structure level"
NZD
Pending
After a strong break and close above a daily level, a continuation of the uptrend for the New Zealand Dollar is considered likely.
"once that happens once we get a good break and a close above that daily level then it's quite possible and quite likely that we will see a continuation of that Trend to the upside"
NZD
Pending