Thin volumes, hence higher price volatility, usually characterise trading in summer months. The choppy market conditions in currency and indices often generate interesting trading opportunities. A tactical method to cash in short-term profits is to chase the breakout occasions. Ipek Ozkardeskaya, LCG Ipek Ozkardeskaya, LCG Breakout trading is one of the most popular technical trading strategies but also one of the most nerve-wracking ones. In its simplest form, the breakout strategy consists of buying an asset as the price breaks above a resistance level, or selling it as the price breaks below a support level, ... (full story)