Tag Archives: breakout trade

Platinum – breakout strategy

While platinum fell heavily during last month’s “flash crash” it bounced off medium term trend line support, unlike gold which smashed below its support. Holding this long term support, could favour a bullish set up if platinum breaks out of the current range … Continue reading

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NZD:USD – Breakout Strategy

Our Bollinger Band posts this month have featured trend reversal strategies. This post features a different approach, using Bollinger Bands to identify short term range breaks. As I’m writing this the breakout has already happened. But I thought it was … Continue reading

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GBP:USD – Short term break out situation leading into 6.30pm CPI

The triangle formation Dave outlined in his post yesterday has morphed into a rectangle. The UK CPI figures are due for release at 6.30 pm Sydney time. Michael Hewson’s separate commentary post discusses the potential ramifications of tonight’s release. This … Continue reading

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US 30 – Update on breakout strategy

The sell set up I posted on Monday was triggered when price broke below trend line support last night Things have moved fast so I’ve posted a discussion on entry and exit levels for readers interested in this approach to … Continue reading

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Apollo Group (APOL US) – Buy on Wedge Breakout

Hi everyone, the chart that I am looking at here is Apollo Group (APOL) and you can see that price has already broken out of a wedge formation. The reason I quite like the look of this setup is due … Continue reading

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AUDUSD – the Setup when you’re not having a Setup

The current levels of the AUDUSD make for some interesting watching. You can see in the video below that the price has been squeezed in a formation that looks loosely like a triangle but because of a couple of flaws … Continue reading

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