Breakout Archives - trading education site

How to Use The 50-Period Moving Average?

07/02/202205/02/2024 adminBreakout, EMA, Moving Average, Support/resistance0 comment

One of the most commonly used indicators, the Moving Average, has many variations and setting options. It is a lagging indicator, which means that it relies on the past performance of the chart, utilizing data from previous days and weeks to predict the future of the trend. The 50-period exponential moving average (EMA) is a popular tool that is widely used by traders for Forex and Stocks trading. This setting of the moving average marks an important threshold: a sort of neutral ground for traders to watch the trading field. There…

Binary Options strategy

Breakout Strategy

12/02/202005/02/2024 adminBreakout, support level, trend channel0 comment

According to this strategy you open a deal when the price breaks out the current level and continues its movement in the same direction. A deal should be opened after a candlestick body breaks out the level of support or resistance and a new candlestick moves in the same direction. A procedure after a signal appearance: 1) The price chart has reached a support or resistance level; 2) Wait for appearance of the candlestick breaking out the level with its body and closing there; 3) Wait for appearance of a…