5 Rules for Trading Breakouts in Forex ✊

Share it with your friends Like

Thanks! Share it with your friends!

Close

✅ Check Mark’s Premium Course: https://price-action-trading.teachable.com/
✅ Trade with our sponsor broker: CoreSpreads Australia http://www.financial-spread-betting.com/ccount/click.php?id=83
✅ Please like, subscribe & comment if you enjoyed – it helps a lot!

5 rules for trading breakouts in Forex. How do you trade breakouts in forex? How can you prevent a false breakout? If we are trading breakouts in forex specifically there are some rules we need to follow to try to minimise the times that we get caught in fakeouts. Often when we try to force a breakout trade, that’s exactly when the market reverses and takes our stop out! So how do you do a trade breakout exactly? Is there any way to confirm a forex breakout?

How to Trade FX Breakouts
1. Volume increase on the break.
2. Not at the end of a move.
3. A news driver is better.
4. Any retest should be quick.
5. Higher timeframe trend on your side.

⛓️ 🔗 Channel Sponsor 🔗 ⛓️

✅ Our channel sponsor for this month are CoreSpreads Australia meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider

Sign up with CoreSpreads Australia: http://www.financial-spread-betting.com/ccount/click.php?id=83

Related Videos
Browse thru some of the videos here: https://www.youtube.com/user/ukspreadbetting/search?query=forex+breakouts

Comments

Adam Sferruzzi says:

Great video. I also noticed that a breakout has more weight if the price has been trading far from its 200ma, and the breakout is in the direction back towards the 200ma. I cant explain why but i notice this happens often.

aaron d says:

love this video I watch your videos everyday!! Thank you !!!!

Ferdy says:

Thank you for these daily videos, I have learned so much from them ✌️

Write a comment

*

THE FOREX-SPECIFIC SEARCH ENGINE Close