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Breakout

BURL, Burlington Stores Inc. - Stop Loss on Broadening TriangleNYSE:BURL It is never a question of being right or wrong, but rather of being too early and being thrown out of the market before the asset's actual direction. What we need is an event that allows us to systematically decide to enter Long or Short, in our case the patterns of technical analysis. We are trend-followers and we gain from price movement, so we could call ourselves "Price Change Traders". In this case the price had triggered our Stop Loss. Stay Tuned!
NYSE:BURLEducation
by SwissTradingSchool
1
How to trade in range/consolidation periodA lot of people asked me what to do in the case when the price is stuck in consolidation. You can use Fibonacci retracement and create a range (0, 0.25, 0.5, 0.75, 1) and put it from swing low up to swing high. By that, you will create key points where the price will react on during consolidation time. You can use it on all Timeframes and it does not matter if it is Monthly, Weekly, Daily or minute chart. As you can see here, price very nicely reacts to each of our levels which we have set up once the range has been established. Also, when the price is stuck in consolidation range you do not want to trade it. Avoid it. You will make many mistakes, rather you should focus on a clear bullish/bearish trend.
NYSE:TEducation
by UnknownUnicorn6034472
1
Eur/Cad breakout educationalTrading breakouts is not only fun and exiting(whether or not it goes your way) but its a great test to keep yourself engaged and focused on the market, as well as the task at hand which is seeking out retests and confirmations for your next breakout play. In this example we can see this pair with gained strength, since picking up momentum from its move up from the 50% region of the range that it was in and has now crossed above range high. Looks great except for the fact that price has yet to react with the resistance level we had broke on the way up. Without proof or confirmation that the level will turn support it would be reckless to place a trade Confirmation is KEY If you fail to plan you plan to fail, never trade without a map to success. Hope this helps somebody out there and please feed back is greatly encouraged.
Education
by MCERs
Traps and Liquidity Searches Using Supply And DemandQuestion during my cooking show live stream was how do i determine a trap or a fake out? First of all i think everyone that trades a different methodology determines a fake out in their own way depending on their methodology the retail traders trades. Using the Supply demand methodology i explain how i determine traps. When i pull up a chart and i see an area that most trading methodologies are looking to buy or sell at. i.g., support resistance traders, supply demand traders, breakout traders, range based traders, fake breakout traders and many more different methodologies are looking to buy or sell in a certain area it's a trap. If im going to play the trap i need there to be a supply or demand zone above or below the area where the other retail traders are looking to buy and sell at.
Education
by MoneyballAustin
Bitcoin : key levels and significant resistance trend line.Hello fellas, Happy monday and have a good weeks ahead. a new week, new passion and I hope a new extra profit for us! let's talk about the key levels for bitcoin which will cover the support , resistance and the correlation with the fibonacci levels. As you can see, that the weekly candle is about to close in less than 2 hours when I made this post and the newest weekly candle close isn't significant at all for me. currently the weekly candle is forming an unknown pattern making it very random and neutral. That's why, I am not trying to explain my bias in this post. I just want to share about the analysis of price action and key levels that I've found interesting If you see my chart, I've shared 2 colored region which the grey region represent the key support and the blue region represent the key resistances. Each of this key levels here is moving align with the fibonacci levels. and I want you to highlight the period after November 5th, 2018. First action is at May 13th, 2019 the price has already broken up of the resistance zone and on June 3th 2019 the resistance zone retested and produced a bounce before another break out. Second significant action is at June 24th, 2019 candle. A really nasty wick has occured after the price tried to breaks the 50% fibonacci retracement and ended up getting rejected. After that the price was trying to break out of this 50% fibonacci levels again and always got a rejection toward the upside and it formed a shooting star candle. and for me, this action is very significant and has proven this region as a heavy region. Another highlighted thing that I want to share is the green line. after a break out at April 2019 (yellow sign) I haven't seen any retest toward this previous resistance that is now become support as well (remember my 3 phase break out strategy). Ideally, before the end of the year, I really wish that bitcoin will test this green line again as support. Thank you.
BITFINEX:BTCUSDEducation
by julio24albert
How to avoid Fakeouts and find breakouts for noobs You have to set support and resistance lines. those are easy to see levels of indecision. Then find the average price, this is used to signal the end of the channel when the price action finds it as resistance . If the price goes above the average price it will most likely going up and below, going down. set you buy limit slightly above the top of the channel because if its a fake out you'll buy when you target is hit then it'll drop down but if it is a real break out it'll keep going and then hit your target. When to sell is completely up to you. But I would sell before hitting the next level of resistance and getting stomped down. **If it goes down from the support line just stay away until it bottoms out and then restart this process.
BITFINEX:LTCUSDEducation
by UnknownUnicorn5174798
2
NSC, Norfolk Southern Corp. - Trend Analysis & PatternsNYSE:NSC Why do I choose technical analysis for trading? Because the psychological state of traders / investors is always a representation on a scale between greed and fear, which creates in all markets patterns that repeat themselves for more than a hundred years, and if you are aware of their % profitability, and the difference between the amount of profit compared to the amount of loss, you would know statistically how your account would behave. And if you would know how to manage your capital in terms of recapitalization and allocation, then I see no reason not to operate in this way. This is also confirmed by my results with respect to the theory. The % of annual profits, maximum drawdowns and periods of underwater that are extremely aligned with the results of my backtest made right on this type of trading.
NYSE:NSCEducation
by SwissTradingSchool
AEP, American Electric Power Co. Inc. - Rectangle PatternNYSE:AEP People like to use indicators or oscillators many times to predict the next trend. Actually they can help you, but they will always be late. And above all, what do you do if they are in contrast with each other? Most importantly, do you have a backtest that proves in the long run that their use is profitable and valid on multiple markets and assets? We go ahead on our technical analysis, aware of what makes us through backtest statistics and confirmed in real operation for years now aware of the deviation that may have on the annual average. In this case we are waiting for a long breakout of this rectangle if it happens, knowing what is the Risk/Reward, the %Profitability, the size of the position aware of the entry and exit point and risk management. Stay Tuned! finance.yahoo.com
AEducation
by SwissTradingSchool
Litecoin is at the golden pocket, Break out playMy 2nd watch list will be on litecoin. This is very interesting whenever you see the price is trending at APEX because it means we will see a huge volatility to occur very soon. I see it at the Litecoin right now. Litecoin is now trending at the golden pocket zone based on the fibonacci retracement calculation and beside this fact, I see a possible 5th wave structure downward is going to finish soon which I will label current wave with the A wave. Based on MACD and RSI, I see a bullish divergence on RSI, golden crossover on MACD and the histogram is ticking up at the positive side. I will open long entry ONLY if the price can break the yellow trend line with a good volume and will targeting around $100 region for possible B wave. if the price break below the golden pocket, I will looking for short opportunity and targeting the $50 as my swing target (78.6% fibonacci retracement)
BITFINEX:LTCUSDEducation
by julio24albert
Deja vu on RippleOne of the most interesting altcoins that I am seeing right now is XRP especially for long term hold. Just if you remember about the 2017 phenomenal bull run that occur on crypto market in general, you will see a similar pattern on XRP with current pattern. both of them form a huge descending triangle. And at 2017, the price broke out of the upper line of the triangle and produce a killer 1500% profit only within a month! Will this pattern become the same as of the 2017? In my opinion, I will be very cautious at this rate, especially the price is still moving inside the triangle and as long as it hasn't break out of the upper line, I won't do any action. So, my entry area is when the price do break out action at current triangle. considering it is now very near the APEX, we will know the answer really soon.
POLONIEX:XRPUSDEducation
by julio24albert
2
How to play the breakouts!?!Lately, there has been a lot of buzz about BTC! Will it breakout or not? In the end, it did not as we predicted with the accuracy of a surgent in our most viewed post till now that you can find in RELATED IDEAS. Here is a nice school example of how ETH does the breakouts and probably similar pattern will be played in the near future. We will write more about that in the next posts but for now, let's focus on the lessons. A double top has been a pattern that ETH forms quiet often. Probably cause of false hopes when people just wait for ETH to do the same run as BTC and then hope gets denied or to say it better - run postponed! It happened before (2017), it happened in the near past (2019) and it will probably happen in the near future. In order to get the best return in time (RIT) and not only the best return on investment (ROI), it's important to know when to expect the moon so a trader can optimize his or her positions. Actually, trading is not about buying at the cheapest price, but buying (or selling) close to the time when the price will move the most. So when is that? In this example, it's clear that after breakout retest! People usually FOMO when the breakout happens but history shows that in most cases it will be retested. However, at the point of best entry (RIT), some start to get scared that the breakout was not successful. Some might even sell in panic (FUD - Fear, uncertainty, and doubt). This post is made in order to remember what to do and how to work with your emotions (fear, anger,...) when we are close to breakouts. Buy the retest! Patience is always the key. Keep calm, use the knowledge and you should be fine. Take care and GL! PS: You can see Elliot Waves count in this example also, but let's leave that for some other occasion. For now, it is just important to know that in this example wave 4 needs to be higher than wave 1.
KRAKEN:ETHUSDEducation
by Samoto
2
GBPAUD - EDUCATION - 23. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Sideways waving market looking for a takeout direction. 4 HOUR Heading down, I see a break below previous week lows. DAILY Bullish market found its top and resistance now, we need a pullback to takeout long holders. OVERALL Waiting for a break below/above a main level. Expecting market to form new weekly lows and head back up into main price movement area before heading further down or making new highs overall. There should be a lot of market movement this week. Will update as soon as something happens. Good luck - Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Education
by DACapitalTrading
18
EURUSD - EDUCATION - 22. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Strong bullish price action and pressure. 4 HOUR Amazing bullish wave above previous highs and resistance. DAILY Sideways waving market about to find resistance and break back to the downside. OVERALL Expecting prices to form new highs on Monday/Tuesday and head back to the downside towards our average price index and Psychological support zone! Very nice and simple pattern, looking forward next week and will update you on market open :) Good luck - Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Education
by DACapitalTrading
14