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Free Course

The Base Trade Strategy - Mastering Breakout Trading

by Tradimo

About this course

Trade momentum breakouts and take quick profits

The Base Trade is a momentum based strategy and takes advantage of repeated market behaviour that occurs time and again. The price consolidates in a range, breaks out of the range, and pulls back to test the range before continuing on.

This trading on the breakout of a consolidation pattern is a popular way due to the reliability of finding winning trades – essentially, momentum based trading using breakouts provides solid signals.

This method gives you a very easy way of trading breakouts and allows you to take quick profits, taking on average 10 pips on each trade, allowing you to consistently increase your trading account.

This course also shows you how to combine this strategy with 'scaling out' to take quick profits, but also allowing you to take advantage of any further price runs.

In this course, you will learn:

  • a new method of trading
  • how to take advantage of the psychology of round numbers
  • how to make the best use of your Fibonacci tool
  • how to perfect your top down analysis
  • how to find high probability reversal levels
  • how to fine tune scalp entries

Skill Level

Intermediate

Duration

1h:53m

Course Cost

FREE

Language

English

People Enrolled

96

Instructor

Tradimo

Course Instructor

  • We believe in a world where people manage their own money. That’s why we have been building one of the largest online learning platforms for you to learn from the best traders, investors and personal finance gurus out there. Learning to trade, invest and manage your money is a serious task, at the same time it’s fun and much easier when someone shares their knowledge with you and brings you to a level where you can make your own experiences and learn by being active in the markets yourself while speaking with others in a community.

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