【Video】Kousuke taught me a powerful breakout that is hard to fool
Chasing the trend after confirming new highs and lows is the entry for a breakout. It is one of the basic formats for trend-following, and I think many people use it regularly, but isn’t there a lot of bitter experiences like “the price stretched its wick right after the breakout and reversed, turning into an unrealized loss immediately”?
In this video, we asked Kousuke, a music trader, about entry points for breakouts that are less prone to being deceived. By entering at crucial moments, you should be able to ride a high-probability continuation or reversal of the trend. This is essential knowledge for breakout traders! (Interview: Editorial Department, Shikanai).
What you can learn from this video
In this video, you will learn the following:
- Overview of the One-Day Reversal
- Learning from real-world examples of the One-Day Reversal
- Using the One-Day Reversal within the method
- How often does it appear? (frequency)
● Video: 12 minutes 45 seconds
Kousuke’s Profile
A former musician who has over 10 years of trading experience. While developing indicators and EAs, he also has solid results in discretionary trading. He placed 3rd in the World Trade Contest Robins Cup (WTC). He also holds the Japan Certified Technical Analyst qualification.
Official site:Kousuke
A word from the assigned editor, Shikanai
I love breakout methods myself, but I’ve always thought the problem lies in a certain rate of false signals. If you utilize the content explained in this video, I believe you can make breakout entries that are less prone to deceit and have higher accuracy.
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