Jump to content

Next High Impact Market News Event:
Retrieving events...

Toggle shoutbox The Traders Chat Open the Shoutbox in a popup

@  kalc : (08 August 2020 - 04:10 AM) @BOedge its a very easy switch mate
@  BOedge : (05 August 2020 - 02:29 PM) nice to see you again STILIOS. Yup, screen time, research [ie here on BOE], more screen time, practice, patience, a plan, proofing the plan and then sticking to it. I'll be in touch some time to pick your brains about the switch to FX. Not now, not ready.
@  devhie : (04 August 2020 - 06:36 AM) good night
@  palex2005 : (03 August 2020 - 03:42 AM) EMA
@  STILIOS : (02 August 2020 - 11:28 AM) Have a nice and profitable week Guys !!!!!!
@  STILIOS : (02 August 2020 - 11:27 AM) After all those years of trying and working i came out in a conclution and is simple..Trading needs knowledge - Pateince - Discipline in order to succeed ofcourse not in a couple of years ....
@  STILIOS : (02 August 2020 - 11:24 AM) @BOedge my friend it was a big challenge for me also to start work on Forex also but i never regret that till now
@  STILIOS : (02 August 2020 - 11:22 AM) We should never forget where how and who healp us to start from ...
@  STILIOS : (02 August 2020 - 11:21 AM) Its really nice to see some old and respectfull traders - members in here !!!
@  BOedge : (02 August 2020 - 04:52 AM) its really interesting when you read through some of the threads again and again what you discover that you just couldn't see or understand before. So many duh moment, lol.
@  BOedge : (02 August 2020 - 04:50 AM) good, finally understanding HH strat, at least a bit more, but still struggling with Larry. Switching to FX from BO is challenging. Biggest takeaway from Larry so far is to look beyond the open and close of a candle.
@  Sambo : (01 August 2020 - 01:43 AM) @David it's going well at the moment, hitting 2.5% per week...combining Al Brooks price action with Lazy Larry MM 🙂
@  David : (31 July 2020 - 06:40 AM) how about with yall
@  David : (31 July 2020 - 06:39 AM) not too bad sambo, always improving
@  Sambo : (30 July 2020 - 02:10 PM) @David how is your trading going david?
@  nkotb6 : (30 July 2020 - 06:26 AM) True @David Happy trading day!
@  roopem : (30 July 2020 - 12:05 AM) @XOOX hey, can you explain more?
@  David : (29 July 2020 - 02:58 PM) and i hear that nkotb6, can always be better!
@  David : (29 July 2020 - 02:58 PM) Ah man sorry to hear that sambo
@  nkotb6 : (29 July 2020 - 03:10 AM) Hi David, not bad but could be better.


Things that you know well, but you always forget to keep an eye on...

  • Please log in to reply
9 replies to this topic

#1 mooncalf



  • Members
  • PipPip
  • 60 posts

Posted 20 January 2017 - 10:42 AM

This is one old technique for trade, and it work very well no matter if you use naked chart or full with indis.
I know it well, but every time i forget to check it whether it will happen.

Attached Files

  • charli likes this

#2 shaileshm


    Banned for long time trolling

  • Banned
  • PipPipPip
  • 1,497 posts

Posted 20 January 2017 - 10:47 AM

I know that too. Mostly I have a difficulty in figuring out a real breakout from a false one.

  • hp699flva likes this
Know Thy Setup. Know Thyself.

#3 fuker



  • Members
  • PipPip
  • 115 posts

Posted 20 January 2017 - 11:56 AM

This is one old technique for trade, and it work very well no matter if you use naked chart or full with indis.
I know it well, but every time i forget to check it whether it will happen.


how can u seperating fake or real breakout ? And, which expiry time is best timing for you ?


thanks !


#4 samabiong



  • Members
  • PipPip
  • 240 posts
  • LocationSydney, Australia

Posted 24 January 2017 - 05:47 AM

I know that support and resistance levels especially the major ones play a huge role in trading decision making but every now and then I forget to include them in my trades. I'm still learning and one day it'll become second nature to me.

"Planning without action is futile, action without planning is fatal"  - source unknown

"Failure to Plan is Planning to Fail" - Winston Churchill & Benjamin Franklin

#5 holli



  • Members
  • PipPip
  • 29 posts

Posted 28 May 2017 - 06:01 AM

It's truly hard to say when we see a breakthrough of the level or whether it's a false breakthrough, that's  why I don't react strongly to levels.

#6 Svalbard



  • Members
  • PipPip
  • 270 posts

Posted 28 May 2017 - 02:12 PM

You can help to gauge this by the momentum of the previous candles and also price's inability to close back inside the area it has broken out of.

In my opinion this is why you should always wait for a retracement after a breakout and then make your decision based on price trying to reenter.
  • ZeusDCS and KIMO like this

#7 Announcepuppy



  • Members
  • Pip
  • 1 posts

Posted 14 June 2017 - 04:33 PM

how can u seperating fake or real breakout ? And, which expiry time is best timing for you ?


thanks !

i normally wait for the break out candle to close above or below any recent highs or lows of the previous candle that has been rejected by the support or resistance. hope this helps 

#8 holli



  • Members
  • PipPip
  • 29 posts

Posted 29 July 2017 - 04:23 PM

And what do you do when there's no time to wait for the candlestick break?

#9 Crave



  • Members
  • PipPip
  • 22 posts

Posted 08 October 2017 - 04:28 AM

Yes, we all know about these things but we don't always keep tarck of them. Thank you for reminding, I'll be more careful now.

#10 dgm.88



  • Members
  • Pip
  • 6 posts
  • LocationBrazil

Posted 26 October 2017 - 07:17 AM

It's always great to keep that in mind! We all know it and has seen it, but somehow, we don't keep a track of this easy PA strategy!

"How many years would you go to college if you knew for a fact that there was a million dollars a year job at the end of it?" - Author unknown.

0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users

USA REGULATION NOTICE: There are many binary options companies which are not regulated within the United States. Most of these offshore companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA).

It is our STRONG opinion that you do not operate with any unregulated brokerage firm as they may steal or try to scam you out of every dime you have. Please take notice that any unregulated trading activity by U.S. Citizens should be considered unlawful.

Risk Disclosure: Binary Options Edge does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading binary options are high and may not be suitable for all investors. Binary Options Edge doesn't retain responsibility for any trading losses you might face as a result of using the data hosted on this site. The data and quotes contained in this website are not provided by exchanges but rather by market makers. So prices may be different from exchange prices and may not be accurate to real time trading prices. They are supplied as a guide to trading rather than for trading purposes.