Breakout Trading with Fundamental Analysis

A breakout is a moment of occurrence in price movements, when the price crosses the roof area aka resistance. Resistance is defined as a price level that psychologically holds the price for further. Resistance is like a roof, if a ball is thrown and hits the roof, logically, the price will tend to fall. Therefore, market participants are usually careful when a price touches the resistance area, aka the psychological roof.

Breakout Trading with Fundamental Analysis

The breakout trading strategy involves using the price of an instrument to move outside a predetermined trading range, often triggered by news events.

While traders with this strategy should remain cautious when going into news releases (because additional volatility can break through support or resistance traders use to set stop positions), traders can still take advantage of overreacting to news. Traders in this situation want to wait for news or data to cause the price to reach support or resistance, and after testing one of these levels, can wait to buy or sell accordingly. Traders can spot trade breakouts with defined support and resistance mechanisms, anticipating that news releases could bring about the desired volatility to trigger the trade and shift the trade closer to the profit target or profit limit.



More info:
Free soft copy material by contacting 081 258 066 174 Whatsapp/call
Private info / paid premium class (guided forever until get consistent profit and independent). Whatsapp/call 081 233 593 672 or direct access to our Website www.wijayatrading.com


Comments

Post a Comment

Popular posts from this blog

Tingkatan Seorang Trader

Image
Sebelum menjadi trader sukses, perlu dipahami bahwa ada berbagai macam tingkatan trader forex yang harus dilalui. Tingkatan-tingkatan tersebut biasanya dibedakan dari beberapa kriteria. Jika dilihat dari pengalaman, pengetahuan, cara berfikir, dan sikap mentalnya, seorang trader dapat dikategorikan dalam 5 tingkatan. Trader Pemula Seorang trader pemula pada umumnya masih merasa asing terhadap pasar forex. Trading forex dianggap sesuatu yang baru dan mungkin agak unik atau mengasyikkan. Mereka cenderung ingin mengetahui segala hal yang berhubungan dengan trading dan pasar forex dengan cepat dan instan. Baik analisa fundamental maupun analisa teknikal dipelajarinya dengan cepat. Trader pemula selalu mencari dan mempelajari cara-cara yang gampang, sederhana, dan segera dapat digunakan untuk trading. Pada umumnya, mereka mengharap profit besar dari trading forex. Trader Profesional Dari sebutan "profesional" yang disandangnya, memang profesi utama trader di tingkatan ini adalah t
Read more

SNR, BEST TRADE STRATEGY!

Image
SNR (Support and Resistance) is fairly popular in the world of forex trading. This is one of the most frequently used techniques in technical analysis. Without it, traders will experience difficulties and even lose in carrying out trading activities. The support point is the point which is believed to be the lowest point of an asset in a certain period. While the resistance point is the point that is believed to be the highest point of an asset in a certain period. In simple terms, support and resistance are likened to the two most discussed attributes in analysis where support is a level that has the potential to withstand price declines. Meanwhile, resistance is a level area that has the potential to hold back price increases. These levels are used to determine whether the price will continue or reverse. Basically, SNR aims to find out the right area when taking a buy or sell position and determine the target price movement. The support area is generally an area used as a reference f
Read more