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@lucatrader
LucaTrader
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Pre-breakout Trader
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BIO
The strategy uses a 1h charts , seeks for a pre-breakout congestion ( in the direction of the main trend ) , the stop loss is out of the congestion , obliviously on the opposite site of the assumed breakout . As u surely know , a lot of breakout are fake , so it is very dangerous to play them once they have happened . A pre-breakout strategy avoids such issues , getting you in profit also in case of an “absorbed “ breakout . The risk reward is 1:1 1:2 ( trailing ).
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