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Tag archive for ‘take profit’
In trading a breakout, you first find an impulsive move to the upside or downside. The entry is in the direction of the breakout; stop orders are a must.
By ProfitEase.com On Thursday, October 2nd, 2014
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How to Profit from a Breakout

In trading a breakout, there is always a hazard of a false breakout which can result in a loss. For this strategy to be successful, traders should be able to find a combination of elements that reduce the probability More...

The crucial $1240 resistance capped gold's attempts on the upside; we consider the current market levels good for the initiation of fresh short positions.
By ProfitEase.com On Tuesday, September 16th, 2014
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Gold’s unsuccessful attempt on the $1240 resistance precedes a slide towards $1185

The crucial $1240 resistance capped gold’s attempts on the upside; although a second test is possible, we consider the current market levels good for the initiation of fresh short positions. In the last couple More...

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