Eurusd : Simple setup to trade Breakout !
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Personally I feel the momentum is slowly decreasing with every upside push of EURUSD, so there are chances that it can turnout as false breakout if it happens to be upside. So on anyside breakout we should be quick to act & grab the pips.
There are various methods people use to predict the direction of breakout (ex: elliott's), well, Lets keep it pretty simple : Enter the Direction of Breakout !
There are various methods people use to predict the direction of breakout (ex: elliott's), well, Lets keep it pretty simple : Enter the Direction of Breakout !
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Back to Back Winners, Hope you guys are enjoying the breakout ride, Book profits & Trial stops as per your plan :)
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