How to spot false breakouts for beginners who are into breakout trading. If you love trading breakouts, you might come across many false breakouts over your trading career.
With any breakout strategy, you also need a strategy to identify false breakouts and avoid a false breakout. I want to share with you 3 ways on how to identify false breakouts so that you wouldn't get trapped.
You can also learn how to trade false breakouts by fading a breakout. If you want me to share with you this false breakout strategy, I might do it in future videos.
One of the false breakout strategy that I'm going to share with you is the pip filter strategy which will allow you to find false breakouts easily.
I hope that this tutorial will help you in your forex trading career.
Disclaimer:
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Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
Email: karen@karen-foo.com
Website: www.karen-foo.com
Facebook: / karenfoospeaker
Instagram: / imkarenfoo
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Music Credit:
A Walk in the Park from KZfaq Audio Library
• How to Stop Getting Tr... Disclaimer:The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.