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Forex question Do you think Breakout trading is good?
avatar Matthew
Question by: Matthew - 07 Aug 2015, 23:43:52
Do you think Breakout trading is good?
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Answers (1)
avatar user 6730
Answer by: Zoe19 - 07 Aug 2015, 23:49:01

I mostly trade breakouts from the consolidation areas. Unfortunately, there is no reliable techniques of detecting false breakout, that is why I usually use a tight stop-loss level on breakouts to reduce losses in case of a false breakout.

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