Chart Trading Orders and Strategies: Difference between revisions
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Chart Trading Orders and Strategies (view source)
Revision as of 16:03, 12 September 2022
, 12 September 2022→Breakout Down/Fade Strategy
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==Breakout Down/Fade Strategy== | ==Breakout Down/Fade Strategy== | ||
[[Image:BRKOUT_OUT_Chart.png|thumb|right|Breakout Strategy on the chart]] | [[Image:BRKOUT_OUT_Chart.png|thumb|right|Breakout Strategy on the chart]] | ||
This strategy is a combination of the breakout and fade strategies defined above, and it is used when the trader expects the price will go down. This strategy will place a sell stop order below current price and | This strategy is a combination of the breakout and fade strategies defined above, and it is used when the trader expects the price will go down. This strategy will place a sell stop order below current price and sell limit above current price. The breakout can be activated if it happens, but also catch the fade if the price rises. | ||
===Appearance === | ===Appearance === |