Trendline Breakout and being Reactive Vs. Predictive
11:07 PM
Posted by Trading Lectures
Trend lines can be used in many different ways in trading , some will prefer the bounce of a trend line others will tend to trade Breakouts either a breakout of a channel or a trend line .. etc .
The following video is very useful starting with clarifying the difference between being a Reactive or Predictive trader then talking about trend line breakout and what is actually you are doing when you decide to play those kind of trades , after that you will learn a trading technique to confirm a breakout of a trend line referring to the term " Sustained Breakout " with chart example to make sure you got the idea ..
This Video was posted under
Price Action Trading
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