Breakout strategy

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Thread: Breakout strategy

  1. #1
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    Default Breakout strategy

    Breakout strategy
    Breakout is a long-term trading strategy. It is one of the most popular strategies in the market. The trader often uses a large risk-reward ratio like 1:5 in this kind of trading strategy. Traders also hold the potion overnight in this type of strategy. So, traders have to keep in mind about Swap. However, I trade with a swap-free account In Eurotrader.

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    If a trader works with a breakout strategy, he can make a lot of profit from trading. If we participate in the trade by retesting after the breakout, it is possible to trade with good risk rewards. So Breakout Strategy is a very popular trading system in the Forex market. The system in which many traders trade.

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    With certainty Forex trading can’t be predicated and no one is able to control what will happen. Any time you may face loss if you don’t improve your trading skill and if you don’t use any money management. TP Global FX is the broker in my trading life who is helping me in increasing my trading profit in this uncertain market by decreasing the loss. They provide different money and risk management techniques.

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    Trading breakouts is a successful trading framework in case you can manage your risk reasonably. A breakout can be recognized by looking an esteem rooftops or resistance and esteem floors or support. Exactly when esteem breaks, closes, and holds for a time period above resistance or underneath reinforce a breakout has happened. A breakout suggests a move in the market where one side, bulls or bears, has lost the battle, and the side for the breakout is going to takeover. For breakout trading good broker is important. Some brokers make fake candles. That's why I have chosen Eurotrader broker. It doesn't make fake candles.

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    I trade breakouts with Hotforex using scalping software, thanks to fast execution many orders are filled in profit. One of the best brokers which I 've tried so far.

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    in ro ham eslah kon:
    Forex trading is easy but making profit is hard. Trader need to select of proper time frame to identify potential trade. Choosing a lower time frame is another important reason why people lose money. You may have the best trading opportunity, but don't focus on low time frames. Trading at low time frame is a bit riskier as price volatility is very large. As trading with Forex4you, I always focus on higher time frame like H4.

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