True or fake breakout?

[bourne]

i think is true when the support breakout it is maybe the next target is the next support and when the resistant breakout it is maybe the next target is the next resistant. it is very simple

[10pips]

i have know that if the price is really on the break out we will got a lot of the advantage from that break out, because the price must go again to more deep again after break out, many trader is got the advantage from it, but i am still do not use this strategy

[abayomi kolade]

yes we have true and also there is a false break out but in other for all trader to be at the save side of the trade we just need to get a confirmation to the direction of the trend so confirmation really go a very long way in making the numbers of pips we really wanted in the forex market all day based on my understanding

[malkoumx]

Thank you, my friend, thank you very much for what I said.
This is what should a novice - Madame we present in neophytes - to learn from the advice and guidance of try and try, and the experience and expertise of the owners and now they are transferred to us their advice.

[ishvara]

Hi, One of the most critical issues in technical analysis is true and false break out-at least for me. I searched alot about this issue then I thout of starting this new thread. So please share your ideas about true and false break out and how to detect them. Thanks!

I do not know about a true of false breakout, but i do know that i am supposed to get the profits is to find out the right direction that the break out would be in the pairs that we are trading in forex trading.

[truegoa]

Hi, One of the most critical issues in technical analysis is true and false break out-at least for me. I searched alot about this issue then I thout of starting this new thread. So please share your ideas about true and false break out and how to detect them. Thanks!

A good break out can be indicated well enough from chart pattern in some deviation numbers. Try to figure a break out potential by using good understanding of some of break out pattern, wether you can use standard chart pattern, elliot wave patter, harmonic pattern or just price action. Just ensure your self by using minimum single poin about it and a subtitute confirmation for it.

[alimartono]

I think it's wrong, because it is the same we waste the opportunity to earn money while we do the breakout. and when we will start again we will feel strange and confused,

[mcceducation]

i think the breakout is very heard system, do not trade only flow the breakout system if you are cannot see any signal because its some time give us sound loss. so can say if we are know every things about breakout system then need to trade then time.

[esif]

True or false break out?

You are right dear, in order to trade breakout, there is a strategy called magic breakout strategy, it has great results, if you use it you can trade the breakout, during news times, and avoid falseouts also...

[tubeltkadal]

it all depends on the analysis used to get out of our trading, so better use take profit and stop loss so that we do not account MC.