Predict breakouts & trend reversals using macd/bb% 116 replies
Trend Following end-of-day Channel Breakouts by michal9 115 replies
Box trading, how to avoid fake breakouts? 9 replies
Trading Breakouts in FX market, by Sam Shenker 5 replies
Breakouts 3 replies
DislikedMany traders are looking at charts with support/resistance levels,candles, breakouts and other TA.
If it gets broken and comes back they think that were fake breakouts.
But liquidity isn't static and it's moving much different than most people think.Ignored
QuoteDislikedOther things you guys might not be considering:
December 2009 the decline started.
The weekly chart shows the decline as a bearish breakout confirming with a drop below the 20MA in early December.
Weekly MACD finally bottomed out and pulled off the bollinger band.
Weekly chart battled the 20MA, broke it, then dropped down and held it.
Bullish breakout confirmed by the move to above the weekly 20MA.
Weekly CCI(10) and Stoch(5,3,3) showed this was the perfect time for a pullback.
http://img404.imageshack.us/img404/1351/euweekly.gif
Monthly...