The document discusses breakouts in trading channels. It notes that breakouts tend to move very fast, even if they fail, and advises traders to enter positions in the impact zone of potential breakouts. Traders are encouraged to take advantage of breakouts as they become more skilled at channel surfing, as breakouts often work out well in a high percentage of trades.
The document discusses breakouts in trading channels. It notes that breakouts tend to move very fast, even if they fail, and advises traders to enter positions in the impact zone of potential breakouts. Traders are encouraged to take advantage of breakouts as they become more skilled at channel surfing, as breakouts often work out well in a high percentage of trades.
The document discusses breakouts in trading channels. It notes that breakouts tend to move very fast, even if they fail, and advises traders to enter positions in the impact zone of potential breakouts. Traders are encouraged to take advantage of breakouts as they become more skilled at channel surfing, as breakouts often work out well in a high percentage of trades.
nimble, particularly if any sign of trouble exists. Breakouts tend to move
very fast, even if they fail. But on a positive note, breakouts tend to work out well in a large percentage oftrades. So don't forget to use this entry as you become more proficient in using Channel Surfing. Just set up in the impact zone and hit those breakers !