Response to Techno79 — I do pay attention to that trend line, and especially so seeing that price has respected it ever so often in the past weeks. But one should note that price will break below that trend line some day. In this situation the ...

The Breaker Strategy - Trading Recent S/R

Great trade! — Nice first trade. Liked how you planed it. Nice pippage. You have done a great job for your self there, and I will tell you why. I am sure in my previous posts, I illustrated that I am normally apprehensive about taking trades ...

The Breaker Strategy - Trading Recent S/R

Notice price movement — Anyone noticing how long price in the current active bar is taking to move further up over that peak bar in that live trade am in. Thats says something. Price velocity is changing currently!

The Breaker Strategy - Trading Recent S/R

Another live trade! — Am having a real comfortable trade here. Nice pipage so far.

The Breaker Strategy - Trading Recent S/R

Response to cspips — I have reposted that area on chart and my interpretation of it. The following was actually how I managed it. Also note that sometime I just choose a place on the charts from past price movements that basically makes ...

The Breaker Strategy - Trading Recent S/R

My concept of scaling — Scaling is most definitely a function of of your trade account size. You will need to determine your risk tolerance as a trader (I recognize that some traders can afford to and want to take a gamble from time to time), ...

The Breaker Strategy - Trading Recent S/R

Shizzle — It would seem that my idea of fast is a bit slow for others! lol. I do have a hectic schedule, and a very demanding girlfriend who keeps me busy at nights! You got to see with me, bro!

The Breaker Strategy - Trading Recent S/R

Illustration of S/R barriers — The S/R areas on the following chart are cases in point of what I mean by clearly having a barrier around recent s/r if and when I am contemplating taking a trade off any of them. When price breaks through ...

The Breaker Strategy - Trading Recent S/R

Had a nice pippage! — By the way: I exited that trade I took earlier on for a 99 pips! Am out observing how price will react to the major trend line going up - it seem to be responding alright so far. If am to enter again, the charts will ...

The Breaker Strategy - Trading Recent S/R

Methodology for entering trades, and managing false breakouts in the process — To be good at managing breakouts (and false ones), especially with this strategy, you will need to learn how to mentally measure price velocities. Note all price ...

The Breaker Strategy - Trading Recent S/R

Good questions! — I will try to answer these issues, in conjunction with others, for you in my following posts. I really want to tie my presentation carefully!

The Breaker Strategy - Trading Recent S/R

In a lovely trade currently! — Anyone took this trade like I am in currently! I am riding this to where its going! Yeah baby!

The Breaker Strategy - Trading Recent S/R

Response please! — I need to know if am doing a good job of explaining what I do? Speak up folks!

The Breaker Strategy - Trading Recent S/R

Point to consider! — In trade example two: You took the trade, the trade goes good, you are happy - then price faces its first resistance - What do you do? I say remain in the trade and look how far against you the retreat will likely be! If ...

The Breaker Strategy - Trading Recent S/R

Examining two trade scenarios - How methodology stays in trades! — In trade example marked Trade 1 - The clear signal is there to enter trade. Say that trade was taken, I would have stayed in it to the top at first resistance. Then we see ...

The Breaker Strategy - Trading Recent S/R

Response to Bary! — I have never traded this strategy below the 1 hr time frame (I have just grown comfortable with 1 hour price movements, and its works for me because I work in the weeks), but this approach should be workable on any time ...

The Breaker Strategy - Trading Recent S/R

I give weight to signals with the trend - but my trade are not always with trend — We want to take trade setups that are most viable, those may sometime be against the general trend. The point of this being: we will never be sure were the ...

The Breaker Strategy - Trading Recent S/R

Great Trades I made! — Are these trades beautiful! The stategy clearly told me to take them and also told me how to stay in! In essence, when to get out and when not to!

The Breaker Strategy - Trading Recent S/R

How are Higher Proximity area of S/R formed and must be noted! — Consider a scenario where price is going up! When price breaks out of a congestion zone it will go as far as it wants to go before it begins to form its first area of significant ...

The Breaker Strategy - Trading Recent S/R

One way to take trades! In one psychological mindset! — Well! Well! First - make sure the S/R closest to the price are adequately marked. The high of the resistance or the low of the support or generally the triggers for my trades when price ...

The Breaker Strategy - Trading Recent S/R