How to trade breakouts? watch video-learn fast

Gents,

Please watch this wonderful video BY BARRY BURNS, TOPDOGTRADING.COM
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https://www.freeiq.com/howtobuybreakouts

or
try link
http://getresponse.com/t/10046458/602819/184507769/
(www.TopDogTrading.com)

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Summary
Point is stay away from herds.

1.watch the live chart 2. identify the trading range,top line and bottom line

3.Never buy above the top line of trading range=this is what herd does.
4.Buy the LOW ,at the bottom line of trading range-because this is established support area

REMEMBER MY BASIC RULE
BUY AT SUPPORT AFTER CONFIRMING IT IS REALLY THE SUPPORT.

5.Having bought at lower line of trading range, when price moves up, sell half your position at top line of trading range. then keep a trailing stop below the topline of trading range.
6.Now watch for real breakout to happen or a fake breakout to fizzle out and vanish.
If real breakout happens and price moves above the top of trading range high, take profits by moving up your trailing stop. if breakout fails,escape at top of trading range by using stoploss.
Either way you wont loose.
And that is what matters.

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PART B TRADING SYMMETRICAL TRIANGLES

In a symm triangle formation, the top line slopes down, and bottom line slopes upwards.
Try buying at bottomline after support is confirmed.
Buying above the top line after price breaks out is for the masses.not for you.
sell half at topline of trading range.
keep trailing stoploss
wait for breakout or fading of breakout
if breakout occurs move up stoploss and make money
if breakout fails, escape with gains
Either way, you dont loose
and THAT IS WHAT MATTERS.
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Trading basic Rule: a)IDENTIFY TRADING RANGE,AND b)THEN BUY AT SUPPORT AREA. c)NEVER buy AT RESISTANCE AREA which is top of trading range.---------------------------------------------------
Request
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ramesh151@gmail.com

Tip: Smart traders learn from experts, and use always trading basics to succeed.