About meElectriefid Capital Corporation is a boutique proprietary trading company which uses a variety of automated and discretionary strategies such as macro trading, currency momentum as well as news trading. The company has also specialized in natural languag
Joined 2 years ago
Such breakouts are powerful and its easy to manage risk. One can place stop loss below the breakout bar's low. The take profit is the distance between the highest high of the rectangle and the lowest low. Source: http://www.octafinance.com/
Netflix made a big breakout from more than 8 months rectangle - congestion range. Such breakouts are usually wonderful as the risk is easy to set. One can place stop below the low of the breakout bar and the take profit is the distance of the highest high of the rectangle and the lowest low of it. The only bad ...