Hunting for Breakouts with SentimentThe IG Client Sentiment (IGCS) tool helps traders identify potential breakouts in order to enter a developing trend near the start of the move. Breakouts can result in a large, extended move or simply fail to extend and fall back within the existing price range, known as ‘fakeout’. This article explores how to hunt for breakouts using the … [Read more...] about Trading Breakouts with IG Client Sentiment
Breakouts
Trading Breakouts with Fibonacci Retracements
Trading Breakouts with FibonacciThe breakout market condition is one of the more exciting backdrops because, by definition, something relatively ‘new’ is happening. It can also be a favored strategy amongst forex traders because it can allow for outsized moves that may last for an extended period of time; potentially plotting for a price breakout to develop into a new trend … [Read more...] about Trading Breakouts with Fibonacci Retracements