Breakout Systems

[imbest]

I enjoy using the bolinger band as breakout system when I started forex trading but with time I found out it lacks some consistency.

You will not find consistency if depending upon a single indicator. If Bollinger band is giving you a success ration of 60% then it is worthy to keep using it.

[zidane88]

You will not find consistency if depending upon a single indicator. If Bollinger band is giving you a success ration of 60% then it is worthy to keep using it.

There may be some technical indicators that help you achieve more money, but in reality, most of the technical indicators give conflicting results and can not be relied upon

[radex78]

In my opinion bolinger band will work well in range market,and often in rangae market upper band and lower band sems hard broken by price,and breakout strategy use bolinger band i think not giving good accurate,fractal maybe good indicator for breakout,just opinion

[ombilli1984]

using breakout system by support and resistance give best level for us to entry.no indicator use

[puji]

using breakout system by support and resistance give best level for us to entry.no indicator use

I often do when using the system break out using support and resistance are usually combined using the trend line when the price breaks the trend line out to the open position using a stop loss order can also minimize the loss if the price was not so break out.

[imbest]

This is the drawback of the breakout system that if the price don't breakout to our expectations, we have to close the positions early. This is the best thing which we should do and take small profit.

[sarakhan]

Trading forex breakouts is one of the more basic trading strategies, but nevertheless it can deliver excellent profits.

[radex78]

I often do when using the system break out using support and resistance are usually combined using the trend line when the price breaks the trend line out to the open position using a stop loss order can also minimize the loss if the price was not so break out.

Yes,sometime breakout system also faced with problem about false breakout,but if trader prepared the risk before throw order,probably still have another opportunity to make transaction,

[zidane88]

using breakout system by support and resistance give best level for us to entry.no indicator use

Support and resistance points of the strongest points that can be for any trader to make them a lot of money and profits in the Forex, but at the same time I think we should use the best methods available to provide a unique service on Forex

[zeeshan4480]

A rise in a security's price above a resistance level or below a level of support. A breakout is taken to signify a continuing move in the same direction.

breakout system is taken to signify a continuing move in the same direction.

[sarakhan]

i want to share that how this system work, it is a fact that if a currency pair is trading in a very tight range for a sustained period of time, then eventually it will break out of that range and more often than not it will continue moving in the direction of the breakout.

[enjoylife]

Support and resistance points of the strongest points that can be for any trader to make them a lot of money and profits in the Forex, but at the same time I think we should use the best methods available to provide a unique service on Forex

You are right as support and resistance levels are the strongest points in the market but then they are not the best methods to trade with as we can not rely on these two points for our trades as both these points keep on changing from time to time .

[ashwini]

break out system is a good trading plan to trade. and its very good work.. and given also good result.

[imbest]

break out system is a good trading plan to trade. and its very good work.. and given also good result.

Have you ever tried trading with this system. If you know this system, then today was a very good opportunity to test this system as NFP was there to test it.

[umar.ctn]

Forex Breakout Systems are one of the more basic forex trading strategies, but they generally deliver excellent profits.
Fore breakout some people use indicators while some use robots.