Learn: Advanced Breakout Trading Rules (full strategy)

"I am looking at this as being in a downtrend if this move happens and this candle closes down here that happens I'm looking at the euro dollar being in a downtrend with that being the case I'm looking for possible support as a counter-trend play at this previously multiple time-tested level of support we're looking at around one point one one two seven that's an area I'll be looking at and the area may look more like this for a possible counter-trend bounce to the upside considering we're in a downtrend right now in this zone is where I'll be looking for possible counter-trend bounces out of the Eurodollar"

"Now if the Eurodollar pulls back up one of my main places to look for possible trading opportunities in the upwards direction for trend continuation for a move back down ironically is if the market pulls back up into the area around 1.19 - I'll be looking at that area for possible shorting trades to continue in this downtrend"

"so if we get a pull back up I'll be looking in this zone for possible shorting trades if we continue pushing down or we get a push down after this pull back the area I'm looking for possible long traits out of is right back here around the 1.113 - area"

"the expectations here are really nothing I'm not waiting for something in the sense of I'm looking to trade this pair what I'm looking to see is if this pair comes down and breaks below this level of support or if this pair comes up and breaks this level of resistance at that point I will be looking for those levels to act as support and resistance moving forward afterwards but for the time being for right now not necessarily looking for trading opportunities on the dollar yen"

"so if market gets down to that level it's a level I'll be looking yet for possible long opportunities around zero point six nine six three out of the Aussie dollar"

"and if we come up and break through our resistance level we created around the zero point seven oh seven five level right in this area once we come up and break above that level if we do then this area here will turn into my next support level for trinket innovation to the upside on the Aussie dollar"

"eventually what I will be looking for if we continue higher again to break out of this level will show me that we're looking to go higher in this uptrend I'll look for a pullback to that level and the next place for possible counter trend short trades will be around 0.72 even"

"the next stop looks to be somewhere around here so we have a pretty long distance pretty long ways to go and what I'll be looking for out of the pound dollar is to see if this market can continue down if we do then this previous level of support that's around one point two four even if we continue down and break that level will be an area I look for possible resistance to ride down to our one point two one five one area here on the pound dollar"

"I'll be looking for a possible break of this level of structure and to pull back into it 0.97 area"

"if we get up here that is a level 1.0 that I'll look for possible shorting opportunities kind of trink attenuation kind of counter trend depending on what time frame you're gonna be looking at here"

"and again if we end up breaking down going below the zero point nine seven levels and that's a level I'll look for possible retracements into for trend continuation moves to the downside out of the dollar Swiss"