What is Breakout System? Back to list

Member SinceJul 08, 2021

Posts 167


Sep 23, 2021 a 02:46
Horizontal breakouts are among my favorite trading concepts, and especially for new and struggling trader, identifying horizontal levels is usually much easier since they are objective.

A good horizontal level is validated after the second touchpoint, and with each subsequent touch the level becomes weaker.

Member SinceAug 09, 2021

Posts 197


Oct 06, 2021 a 19:14
Breakout systems are a type of software that tries to predict market movements based on historical data. They assume the market moves in trends and try to determine when a trend will come to an end and another one will start. When the system predicts that a trend is coming to an end, it alerts traders about this prediction and they can prepare themselves for the change in market behavior by selling their assets before the price falls.

Member SinceJul 12, 2021

Posts 136


Oct 13, 2021 a 18:52
The Breakout System is a currency trading system that relies on technical analysis to predict what currency pair will have the most momentum in the next few hours. The system is designed to quickly enter trades, exit those trades as soon as they are profitable, and keep as much of the profit as possible. It's been called "highly effective" by many traders.

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