Traders Laboratory - View Single Post - How do you determine a breakout from a false breakout?
View Single Post
  #1 (permalink)  
Old 09-01-2006, 01:05 AM
Blaze Blaze is offline
Blaze has no status.

 
Join Date: Aug 2006
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
How do you determine a breakout from a false breakout?

I would like to know how one can determine if the breakout is legit or false. I have been caught plenty of times buying a false breakout just to be stopped out seconds after my entry.

Is there a way to know before hand if the breakout will be valid? I would also like to know trading strategies to play breakouts.

Thank you

Reply With Quote