Forex Strategy: High Probability Breakout Trading December 19
Summary:
Learn the benefits of a forex trading strategy called breakouts. Identify the 2 key components which make breakouts higher probability using forex technical analysis.
Head Trading Instructor Jeremy Wagner discusses:
*Benefits of a breakout strategy
*Why December is historically tough for breakouts
*Which market conditions tend to perform better with breakouts
*Technical levels to watch on
EURUSD
,
EURJPY
,
EUR
AUD
,
EURNZD
*Is
Gold
indicating
inflation
or deflation?
This week, we focused on EUR strength and if it will last. Overall, the New Zealand economy has been one of the first to indicate more sustained
growth
as they anticipate 2.5-3.0% annual GDP growth. Stick to strong trends to trade the breakouts.
In the webinar, I referenced the
NZDJPY
as one pair to trade the
Japanese Yen
weakness.
Learn Forex: Trend Defining Moment in USD/JPY
—Written by Jeremy Wagner, Head Trading Instructor,
Education
Follow me on Twitter at @JWagnerFXTrader.
To be added to Jeremy’s e-mail distribution list,
click HERE
and enter in your email information.
New to the FX market?
Save hours in figuring out what FOREX trading is all about.
Take this free 20 minute
“New to FX”
course presented by Education. In the course, you will learn about the basics of a FOREX transaction, what leverage is, and how to determine an appropriate amount of leverage for your trading.
Register HERE
to start your FOREX learning now!
