What is the best definition of a breakout? - Page 3
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Thread: What is the best definition of a breakout?

  1. #21
    The ideal temporal frame depends on your trading style.If you prefer fast movements and you are comfortable with more risk, the 5 -minute or 15 minutes graphics can be interesting.On the other hand, if you are looking for stability and less noise, 4 -hour or daily graphics offer more reliable breakouts.Find the balance that works for you.

  2. #22
    I Opero Breakouts exclusively in graphics of 1 hour or larger.Minor frames are full of noise and false movements, which makes it more difficult to identify real opportunities.If you are starting, I would recommend you avoid small frames.They are too fast and can lead you to make mistakes for lack of experience.

  3. #23
    Quoting {quote} Which one do you recommend?There is no "better" frame.Successful traders operate in all temporal frames.The important thing is to understand how the market behaves in the framework that you choose and adapt your strategy to it.If you are not sure, start with 1 hour or 4 hours graphics.They offer a good balance between speed and reliability.

  4. #24
    Thanks for the tips.Last question: What indicators are useful to confirm a breakout?

  5. #25
    The indicators can help you, but do not depend completely on them.For example, the volume can be a good tool to confirm the strength of a breakout.Another option is to use the RSI or the MACD to see if there is momentum in the direction of the break.But remember, the price is always the most important indicator.

  6. #26
    Personally, I use Bollinger bands.When the price breaks an external band with force, it is usually a sign that the movement will continue.I also observe the ATR (Average True Range

  7. #27
    Quoting {quote} What indicators are useful to confirm a breakout?None.Learn to read the price and candles.The indicators are secondary and, in many cases, they delay you.Trust what you see in the graph.If the price breaks a level with force and volume, there you have your confirmation.

  8. #28
    Thank you all for your help.I will practice with these tips and see what works for me.

  9. #29
    Good luck in your learning.Remember, trading is a marathon, not a sprint.Take your time to understand the concepts and do not despair for immediate results.The most important thing is to maintain an open mind and learn from each operation, whether winner or loser.Successes on your way as a trader!

  10. #30
    Practice is the key.Do not frustrate yourself if the first attempts do not come out as you expected.Trading is a skill that develops with time and experience.Always remember to operate with risk management and not risk more than you are willing to lose.Good luck on your trip!

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