breakout strategy

[inimfon]

hi,

i am happy to join this forum. as a new trader i would like to find out about the breakout strategy and how to trade with it.

Also want to find out about how to enter pending orders.

thanks.

inimfon

[[Deleted]]

There are many free trading strategies available in the trading systems section. There are also breakout strategies. Feel free to browse the forum.

Welcome

[nurazar]

i.m sorry.. my english not good... i need dictionery to translate for what im looking in this forum so maybe i just read and lern...

[thadb]

Welcome to Forex trading! When you're just starting out, it's important to take your time to learn before jumping in with both feet. Best to open up a demo account and get familiar with the order placing mechanisms there.

Be sure to have a proven, profitable trading system before you commit any real money to it. Automatic Forex trading systems are an option when you're just starting out if you want to profit quicker.

Thad

[shulink]

I use break out strategies with support and resistance. When a trend break above the resistance, I usually buy it and set a tight stop loss right below the resistance in case it is a false break out. I use candlestick patterns, as well as stochastic crossover and macd crossover to help me trade the forex market.