Level 17 Trading Breakouts/Breakdowns from Horizontal Price Channels

breakouts breakdowns

This section teaches you how to trade breakouts from congestion areas. Once the markets have been in congestion for some time they tend to want to breakout from congestion. However, there can be false breakouts quite often which kills traders. Bob and Mike created the “Shake and Bake” trade just for those false breakout as well as a traditional breakout trade. Understanding how to trade congestion is just as important as learning how to trade trends. This trade relies on a complete understanding of Gann and Significant Levels.

Video 1
25:08 Trading Breakouts/Breakdowns from Horizontal Price Channels
Video 2
13:07 Trading Breakouts/Breakdowns from Horizontal Price Channels 2
Video 3
15:11 Trading Breakouts/Breakdowns from Horizontal Price Channels 3
Video 4
24:54 The Shake and Bake Pattern