Gold Base and Breakout Setup

2017년 2월 8일

The key to trade this kind of setup is the Buy Stop on a breakout. Without the breakout or breakout on the wrong side --> THE ENTRY IS NOT CONFIRMED.

You can choose too buy the breakout pullback though, i.e. after the breakout, wait for the pullback to test the breakout --> then buy. This is a much safer method but sometimes there is simply no pullback after the breakout. A compromise might be half to buy on a breakout and halt to buy on a pullback.

Read here for further details: cobrasmarketview.com/base-and-breakout-setup/

2017년 2월 8일

액티브 트레이드

Trade opened

2017년 2월 8일

노트

2017년 2월 8일

액티브 트레이드

Measured Move target reached. Traded out 2/3 of the position. Next stop could be 1250 area (see daily chart).
Rest of the position is set to break even