6/13/2010 12:39:00 PM
13 June, 2010
TRADING RANGE BREAKOUT
6/13/2010 12:01:00 PM
This strategy is similar to ORB (Opening Range Breakout) where the support becomes your stoploss after the breakout from the resistance.
Trading range breakout for short term trading are the stocks which consolidates in trading range for few days and latter it gives breakout on either upside or downside this stocks when bought at the low shall give fantastic profits instead of buying at high and selling at low it is better to buy at the exact breakout and accumulate near the support with higher targets shall give better profits. There are many types of breakout
Trading range breakout for short term trading are the stocks which consolidates in trading range for few days and latter it gives breakout on either upside or downside this stocks when bought at the low shall give fantastic profits instead of buying at high and selling at low it is better to buy at the exact breakout and accumulate near the support with higher targets shall give better profits. There are many types of breakout
Trading range breakout
Price volume breakout
Channel breakout
Trendline breakout
Rectangle breakout
Traingular breakout
Traingular breakout
Swing Breakout
And many more
And many more
The list give below is trading range breakout.
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