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Intraday Consolidation Breakout Trading



Intraday Trading

Consolidation breakouts are pretty easy trades and do not require that you sit glued to the screen for hours. This is assuming you can automate your orders, entry stops and tragets with your broker. The least you will need is the ability to set a stop when your order is executed. Unlike my scalping (which is done during the first hour of London open and the first hour of NYC open), these consolidation breakout trades occur once the initial thrust has calmed down and the markets enter a long (1 hour or more) consolidation period. In the video below I explain how it’s done. If you have any questions, as usual send me a comment and I’ll get back to you. If you think the video is useful then please retweet or bookmark this page, Thanks,
Mark

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