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A breakout is a stock price that moves outside or breaks a resistance level with increased volume. A breakout trader enters a long position (buys the stock) after the stock price breaks above resistance. Once the stock trades above the price barrier, volatility tends to increase and prices usually trend higher. The reason breakouts are such an important trading strategy is because these setups are the starting point for future volatility increases and large price swings. In many circumstances, breakouts are the starting point for major price trends In practice, once a resistance level is broken, it often becomes the next level of support when the asset experiences a pullback. Most traders use chart patterns and other technical tools, such as trend lines, to identify possible resistance price points that are likely to experience breakouts. Similar price movements to the downside are more often referred to as breakdowns. www.SprinkleBit.com

5 1 Sep 21, 2017

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9 0 Sep 21, 2017

Trade #1: took a loss to start the day. Lost 60 dollars on an attempted short on crude. I tried my luck with a small stop loss and got hit. #learning #earning #daytrading #success #trader #bearish #trending #futures #market

0 0 Sep 21, 2017

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10 0 Sep 21, 2017

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7 0 Sep 21, 2017

This is NZDJPY - Daily chart. . We had a very slow week after having such a great couble of weeks. . We sold EURGBP and it's moving in our favor however we took the L on USDCHF. . Not every week should be a great one, but we always should keep going... . . . . 🔘How to join our "Pro Membership"? 1- Click the link in bio to move to the next step strade_ninjafx 2- We will contact you to add your number to our WhatsApp list. . Contact "inquiriesninjafx gmail.com" Or direct message us at strade_ninjafx if you have any question. . . . 🔘Why the Pro membership? Our experienced analysts will help you develop your trading skills/knowledge by showing you how to make trading analysis on higher timeframes such as "Monthly/Weekly/Daily" charts, and how to spot trading opportunities on lower timeframes such as "4hour/2hour/1hour" charts. "We post technical analysis/setups for 16 currency pairs each week" . . . 🔘What to expect: 1- Build your trading knowledge/skills. 2- Learn how to do your own trading analysis in a short period of time after following our daily technical analysis/setups. 3- Use our daily technical analysis/updates to improve your trading results. 4- In case you have your own analysis and have any question about it, then you can simply contact one of our analysts to help you with any question. We aim to build an educated trading community, we wish you a good experience in your trading journey... . . . *Please note that the above perspective is our view on the market, We do not give signals and take no responsibility for your trades. . #forextrader #forextrading #fxtrader #daytrading #forexprofit #millionairemindset #technicalanalysis #forexanalysis #elliottwave #priceaction #swingtrading #motivation #luxurylifestyle #stockmarket #millionaire #cash #fxsignals #successful #stocks #trading #investment #knowledge #forex #makemoney #motivated #wallstreet #scalping #financial #financialfreedom

35 0 Sep 21, 2017

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9 0 Sep 21, 2017

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11 2 Sep 21, 2017

Crazy day yesterday, but still theres no prime direction to me, lets see this next hours. Trade safe - - Telegram link in bio - - #trading #money #trader #forextrader #business #pips #forextrading #wallstreet #entrepreneur #forex #motivation #success #profit #stocks #investment #finance #invest #daytrader #wealth #stockmarket #broker #lifestyle #daytrading #forexsignals #gold #currency #millionaire #onetwotrade #fxmarket

28 1 Sep 21, 2017
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