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In today’s video, we’re going to talk about breakout trading. We will cover some of the best trading tactics used to trade breakouts by professional traders.
Breakout trading is one of our favorite entry types when trading the markets. This strategy has been responsible for some of my largest gains over the years.
In this lesson, you will learn how to identify the setup, when to enter the market as well as how to identify possible targets.
We will also take a look at several examples on both the 4-hour chart as well as the daily chart.
I have found these two time frames to work best when trading this breakout strategy.