22 January: Trading Breakouts 101

The key to trading breakouts such as the one we had yesterday afternoon when the ES burst through the 820 overhead resistance level, is to wait for a pull-back and re-test of the breakout area. Watch today’s video to find out more.

• Bund follow up from yesterday’s 60 minute AB=CD pattern suggested trade idea. The D target kept you out of a bad trade!
• Yen futures were very active yesterday – 396 ticks in one hour. How a simple head & shoulders pattern can help you get on board these huge moves. Profit target included.
• ES shows another head & shoulders pattern with a good sized profit target!
• How the AB=CD pattern can be combined with fib extensions to provide reliable targets.
• When the OKC is NOT a high probability setup – keep your powder dry.
• What’s the safest way of getting on board a breakout? Watch today’s Video Update to find out.

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