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200 ma on the daily's, see if it works out. eurusd crashing

bot 1255

Out at 1262 for a couple points

going long at 1260

Looking for 1245, hopefully

short 1255

I'm out for a point, Blah. Gonna get some lunch. See ya

short 1248.50

What parameters are used for those who trade breakouts? What does the volume have to look like in order to signal a trade in the direction of the breakout?

Not applicable {thats what it says} haha

Thanks, I have been to his site "the pattern site" i believe. I'll check it out. Thanks.

I think I read somewhere that 90% of breakouts fail.

Does anybody have statistics on technical breakouts? Failure rate?

Im out of my long. Negative for the day.

I mean we had some crappy US numbers this morning yet market moving higher. Does that say something about relative strength?

Long at 45

I'm out, scared this breaks

Short 44.25

Im out, price rejection

target 49 if we get there