Alton Swanson - Breakout Trading: Simple, Proven Strategies for Identifying and Profiting from Breakouts
2014 | ASIN: B00KFZ6AZ4 | English | 18 pages | EPUB, MOBI | 0.4 MB
2014 | ASIN: B00KFZ6AZ4 | English | 18 pages | EPUB, MOBI | 0.4 MB
For the majority of the time, stocks and currency pairs tend to trade within well-defined ranges–- often between support and resistance levels. However, there comes a point when a security breaks out of its trading range, and this is known-– not surprisingly –-as a breakout. By identifying or predicting a breakout, a trader can take advantage of high-probability trading opportunities.
In this book, you'll learn simple step-by-step strategies, techniques and guidelines for identifying and predicting breakouts to help you generate consistent trading profits.