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Thread: TS "Breakout"

  1. #1
    Super Moderator Gulfstream's Avatar
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    TS "Breakout"

    The logic of TS "Breakout"

    unequivocally, everybody comes to the market with a goal to earn money. That means, there could be hardly be found at least one person who consciously opens deals to lose money. Precisely, despite our desires, it can be very difficult to earn money.

    Our main goal:

    1. to earn
    2. to minimize losses and to earn.

    What does that require?
    1. We should have a working trading system with a clear set of rules.
    2. We have to understand what is happening on the market at the moment.
    3. We should work by our own algorithm.

    What is FX market? Everyone knows about the trend, correction and flat. In any market situation we can earn, but for this, you need to realize the real market situation.
    Some traders use the simple TA and the "Breakout" TS.
    Each of you knows that 90% of the time the market is in a flat and only 10% is moving (trend).
    What is a flat? In the flat, the price is tightly clamped within the channels borders. It is simple
    enoughtp define it - the classical construction goes on 4 points (I take two ... a little ahead of events). The flat can be on any time frame - from m1 to MN1. The older time frames are, the larger and more extensive channels it has, and the price can be here for a longer time.
    What is interesting for us?

    Firstly, it can work perfectly inside of the time frame H4 (buy/sell from the borders).
    Secondly, it forms the figures, which I use in TS "Breakout", with the further definition of the exit direction from the flat, i.e. the trend's beginning.
    I use only triangles and flags in my analysis.

    3 types of triangles:

    1. Symmetric;
    2. Ascending;
    3. Descending.

    Flags:
    1. reversal;
    2. continuation of the movement.

    The figures work on all time frames, the medium-long-term movement can be determined by a complex analysis on all time frames, taking into account the general movement and possible corrections. By the way, I advise everyone to use stop loss and observe money management in order to avoid unpleasant moments.
    Next, we will take a closer look at the rules for building triangles and flags, determining the direction and objectives, and minimizing losses.
    The basis of TS "Breakout" includes figures - triangles and flags.

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  2. #21
    Trader jamey's Avatar
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    Summary of Trading in the Forex Market You have correctly noticed that losses and profit are achieved. Forex market is a business place and every trader wants to reduce the loss and gain as much as possible. The TS breakout trading system is great because it deals with methods that can be used to reduce our losses and increase our profits. The best way to make a huge amount of money from the market and to define our capital is to breakout. , Then making profits may not be very difficult.

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  3. #22
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    This is a good chart trading system which to me can be used to trade breakout in the market . There are so many of them and they come in different time in the market depending on the market position. What makes breakout chart trading system easy to trade is because when they breakout to the north, you can always be sure of a buy signal ,and when it breaks out to the south, you can always be very certain of a sell market , but we have to get some adequate confirmation from the market before any breakout is followed.

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  4. #23
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    A clear set of rules is not enough to be profitable in this market, you need more, even with the many strategies we can easily see on the Internet that has their rules, traders without discipline are still losing consistently, why has the rules not made them money, this is why forex is not all about the strategy itself, we need way beyond that, what we desire is money management that is well laid out analysis used at the appropriate time.

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  5. #24
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    Very well said sir, it is very good to have a working trading system that has a set of rules that we understand before we can trade market breakout successfully. Without a good working system in place, it will be very difficult for any trader to make any impact in breakout trading. Secondly, we must understand and know what is happening at the market every moment , this will help us be ready at all time for any kind of breakout that are likely to happen in the market . Ignorance is never an excuse in the forex trading market.

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  6. #25
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    Our goal is to earn and minimise losses while we try to earn, what will we require to make our earnings sure in the market, we have to understand how the break out strategy works, whether we want to be aggressive about it or try to be patient, we definitely should trade break out with understanding, the TS break out strategy can make us achieve what we want.

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  7. #26
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    triangles are good for trading and making of money and the trader can be able to use them for determination of the breakout and so the trader will be able to know how to choose the good positions for trading and making of money, the trader should be able to trade with different shapes of the triangle to increase the chances of trading and make more money.

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  8. #27
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    Breakouts are the hardest and tricky methods to trade. Breakouts are really hard to find because fake breakouts more occur than the real ones. You have shared your knowledge for the newbies and I really appreciate your effort. Breakouts are hard but they are fruitful if you spot them right and have the right direction entry.

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  9. #28
    Trader snnaky's Avatar
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    Thank you my friend for this wonderful participation, which i consider very useful for each member
    yes everyone want to reduce loss and want to earn more and more money but the real question is how? So forex need knowledge and patient not some rush calculation ... u need to know everything about market, pair etc, its not that easy.
    and i agree with you in this way also ,and i don’t prefer the trade through the indicators never , it follows the price

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  10. #29
    Trader pajero's Avatar
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    Trading with Breakout Techniques
    In the Breakout technique during a Downtrend, first determine the Support level, then the lowest level at this time. If the Downtrend is strong, then the price will definitely form a new low so that the Downtrend can continue. The most effective technique for Entry Breakout in this situation is to use a Pending Order, which is Sell Stop or sell below the current market price. The entry level must be determined below the current lowest level.

    As for Breakout during Uptrend, look for the last Resistance and High level. Then use the Pending Order Buy Stop to open a buy order above the current price.

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  11. #30
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    triangles are good patterns and widely used by the traders and so the trader will be able to read the chart better with them and will be able to make an easy money easily and continuously, the triangles makes the trading more easier and so this will keep trading more effective and more profitable and the trader will be happy with the results he will get.

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