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Trading news breakouts

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Uploaded by on Aug 11, 2010

http://hubpages.com/hub/forex-trading-system-news-based-forex-trading-system/ In the video I explain how you could have traded news breakout after gbp quartely inflation data came out. Remember when you are trading news be sure to mark support and resistance levels which you expect to be broken after news release. Trading breakouts is not so difficult if you know what you are doing.

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Uploader Comments (fibo777)

  • Why do you feel it important to have an even number at the end of the Take Profit?

  • @layresearcher

    Most funds and big speculators get out of the market at even numbers.

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  • How long before the announcement do you put in your pending trades?

  • Unfortunately most USA brokers wont let you take a Buy and Sell on the same account.

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