Be a trader!
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One of the most common strategies is breakout trading. It would seem that there is nothing easier than waiting for the price to break through one of the significant levels and move on. The trader has only to open a deal in the direction of the trend. Everything would be all right if it were not for false-breaks that take place in half of cases and are usually the main reason of losses. A false breakout is when the price breaks through a certain level (border) and then comes back on its previous course. To fight against it, it is necessary to know the whole scenario of events. The trader identifies a level which price is likely to pass...
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