Golden Rules for Scalping Breakouts on a 1 Min Chart! 👌
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Golden Rules for Trading Breakouts on 1-Minute Charts. Scalping can be a very effective strategy in the right market conditions. Scaling is very popular out there and even if you're not a scalper you are drilling down into the timeframes trying to finetune your entry. Some even use a tight stop looking for a multi-day trade!
This is my take on it and these are the things I look for when trading breakouts. Of course you should always have a stop in place because most breakouts end up to be fakeouts.
1. Price should hold for 2 minutes.
2. Price should stay above 50% of breakout level.
3. Volume gains during BO, declines during pause.
Check our Full Scalping Course here
https://www.youtube.com/watch?v=IDXG0p3f59c&list=PLnSelbHUB6GRgarut4otIfX7IAB1RLFGy
Видео Golden Rules for Scalping Breakouts on a 1 Min Chart! 👌 канала UKspreadbetting
📞 Join Mark's TradersMastermind: https://www.tradersmastermind.com/mastermind
✅ Please like, subscribe & comment if you enjoyed - it helps a lot!
Golden Rules for Trading Breakouts on 1-Minute Charts. Scalping can be a very effective strategy in the right market conditions. Scaling is very popular out there and even if you're not a scalper you are drilling down into the timeframes trying to finetune your entry. Some even use a tight stop looking for a multi-day trade!
This is my take on it and these are the things I look for when trading breakouts. Of course you should always have a stop in place because most breakouts end up to be fakeouts.
1. Price should hold for 2 minutes.
2. Price should stay above 50% of breakout level.
3. Volume gains during BO, declines during pause.
Check our Full Scalping Course here
https://www.youtube.com/watch?v=IDXG0p3f59c&list=PLnSelbHUB6GRgarut4otIfX7IAB1RLFGy
Видео Golden Rules for Scalping Breakouts on a 1 Min Chart! 👌 канала UKspreadbetting
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