The London breakout trading strategy is used to trade the London Forex session during the first few hrs (1-3 hrs) when the Forex market opens in London. The London trading session is the biggest Forex market mover as much of the trading volume for currency trading is during this session. Breakout of last 3 hours of [...]
The 3rd shortest candlestick strategy is purely based on price action using candlesticks. Time frames : 4hr and daily Instrument : You can use this strategy for any Instruments. This trading strategy works as : If we trade for a while, we will notice that there are days when the candlesticks will start to get very short in [...]
2 Doji Candlesticks Breakout Strategy can be used when 2 doji candlesticks are noticed. There is no need to care about whether the market is going to go up or down because whichever way it goes, we want to catch that breakout so what you do is place pending buy stop and sell stop orders on [...]
False breakout trading strategy allows the traders to trade horizontal support and resistance levels when price makes a breakout only to fail later. False Breakouts Happen and We need to identify them : At times, when the price will break a support and resistance level on chart this level in broken. It was just a price [...]
