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Breakout Trading Strategy

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10-20-2006, 09:14 PM

forex-101

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Breakout Trading Strategy

Hi,

I have found a strategy that is based on trading during the volatile period after major news releases - Breakout Trading Strategy.
Has anyone tried something like that ? Or there is too much risk involved, since you have huge price swings after the release and false breakouts happen pretty often.

Mike.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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