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High Probability Breakout Trading in FX 9.26

High Probability Breakout Trading in FX 9.26

2012-09-26 20:52:00
Jeremy Wagner, CEWA-M, Head of Education
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Head Trading Instructor Jeremy Wagner discusses:

*Using the Donchian Channel indicator to identify a breakout

*Benefits of a breakout strategy

*Determining which currency pair to trade

*Using a cross pair like AUDNZD to signal potential NZD weakness

In the webinar, last week’s High Probability Breakout trading webinar was referenced and build upon. Also, the recent article “How to Trade Consistently without Having the Perfect Strategy” was referenced to illustrate that no perfect strategy exists. Simply look to take chunks out of trends rather than trying to capture each pip of the trend.

---Written by Jeremy Wagner, Lead Trading Instructor, DailyFX Education

To contact Jeremy, email jwagner@dailyfx.com. Follow me on Twitter at @JWagnerFXTrader.

To be added to Jeremy’s e-mail distribution list, send an email with the subject line “Distribution List” to jwagner@dailyfx.com.

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