Lesson 21 of 24, 7 min video

Breakout and Pullback: trend strategies

Breakout and Pullback do not catch the broker's lag, they follow the trend: a few entries a week across the whole basket of markets, and a position lives for as long as the trend lasts. How the strategies enter and exit, what the risk profile sets and where the lot comes from, what the journal says and what happens on pause and over the weekend.

What's inside
  • How the trend strategies differ from the others
  • Hourly candles, ATR and the channel
  • Breakout: an entry on a break of the channel, the stop and the trailing
  • Pullback: an entry on the bounce after a pullback
  • The tab: the Trend group and one connection card
  • The parameters and the basket of markets
  • The risk profile: the budget, the estimates and the brake
  • An entry of each strategy on a test account and the lot calculation
  • Three rules: start, pause, weekend
  • Trainer: the risk profile and the lot
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