breakout

begain a more volume is a one of the breakout technique but this is only a proper reasion of a breakout.
What is volume:
Bulls and bears have exchange their positions.
Some time volume is grinding a dormant phase.
Beaware! every breakout should meet opposite reaction.
 

sudoku1

Well-Known Member
begain a more volume is a one of the breakout technique but this is only a proper reasion of a breakout.
What is volume:
Bulls and bears have exchange their positions.
Some time volume is grinding a dormant phase.
Beaware! every breakout should meet opposite reaction.
right....a small sparrow does not make a summer....in same way....every volume assisted breakout should never b fully relied on......operaters offloading just @ the breakout can also lead 2 huge volumes....compare with other indicaters , strengths also....:)
 

djsinha

Active Member
Thank you Bindu and Sudoku for those useful insights. I'll keep your warnings in mind next time I think of trading breakouts. Thank you bros.
Cheers
djsinha
 
Though it's an old thread i am reading this only now. Looks fresh for me since i am a newbee. Thanks a lot to one and all. And my special thanks to sri.karthickmarar,amite and saint ji.
 

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?