i was readin,trying to benefit from ff when i came accros this interesting thread abt my lovely trading style.nice thread.so,i want to lay some question,so that every one around can help me put a light on it.
i was trading triange,wedges and channel break before,but i left do to the false breakout i experience in arrow.
1-can anyone pls help explain on how to avoid false breakout.
2-is it true that large candle ( which break the trend line)can be good in catching a real breakout
3-which indicator can i use as a second hand tool,to confirm entry.
4-some breakout are continouation,while others are reversal,but i have seen situations where price break in the opposite direction which opposes where it should eventualy go.what should i do in this case?
i was trading triange,wedges and channel break before,but i left do to the false breakout i experience in arrow.
1-can anyone pls help explain on how to avoid false breakout.
2-is it true that large candle ( which break the trend line)can be good in catching a real breakout
3-which indicator can i use as a second hand tool,to confirm entry.
4-some breakout are continouation,while others are reversal,but i have seen situations where price break in the opposite direction which opposes where it should eventualy go.what should i do in this case?