[ninZa.co] How to spot a fake breakout?

Could you show us one in real time?
Hi deaddog,

We have some more chart pictures for you to refer to.
 

Attachments

  • NQ 09-23 (KingRenko$ 12_4) 2023_07_14 (6_00_56 AM).png
    NQ 09-23 (KingRenko$ 12_4) 2023_07_14 (6_00_56 AM).png
    73.4 KB · Views: 16
  • Snapshot_11.PNG
    Snapshot_11.PNG
    298.4 KB · Views: 14
  • Snapshot_12.PNG
    Snapshot_12.PNG
    308.5 KB · Views: 15
  • Snapshot_13.PNG
    Snapshot_13.PNG
    361.9 KB · Views: 13
  • Snapshot_14.PNG
    Snapshot_14.PNG
    296.2 KB · Views: 12
Hi deaddog,

We have some more chart pictures for you to refer to.
But Maybe you could post one tomorrow, with a time stamp, that shows a breakout and tell me
whether it will be a false breakout or a successful breakout.

I can look at a chart and tell you what happened but I have to make my trading decisions on the right hand side of the chart.
 
Why not. Z has no inherent evil meaning.

Just like swastika wasn't evil when Hitler stole it
or the rainbow isn't deplorable before the homos stole it
It's just too big of a coincidence, at this point in time.
3 years ago or 3 years up in the future, would mean nothing, but now.
(While one can chose any symbol/letter out there)
 
Have you ever lost your hard-earned money over a fake breakout?

Yep, we know it's frustrating.

Which is why we're here to share & discuss a tip to help traders avoid fake breakouts and, more importantly, seize the high rewards of dependable breakouts.

So, we've discovered that volume clusters could hold the key to identifying genuine breakouts.

In a downtrend, when the price interrupts the above trendline. But if there's no spike buy volume cluster (a volume cluster suddenly higher than others nearby) during this period, it's likely a fake breakout.

We can confirm this fake breakout by observing the subsequent sell volume cluster if it exceeds the mentioned buy volume cluster. In such cases, the market will continue in a downtrend.

The similar applies to an Uptrend.

And, for a highly-reliable breakout, watch for the price interrupting the above or below trendline with a spike in the buy or sell volume cluster in the same range.

That's our simple tip.

Now the question comes to you:

How do you normally spot a fake breakout?

Since you’re CHARGING for teaching, please send as a proof that your secret works. Very easy to do these days, e.g. as blog with all the trades you took for the last 12 months. (strategy does not need to be revealed, only to prove to us that you’re not full of hot air.

Not that I would be interested in your teachings, I actually love trading fake-outs when traders like you get trapped by the professionals, but rather to ensure that other forum members won’t be fleeced by teachers who teach because they cannot trade themselves.

Thank you
 
Since you’re CHARGING for teaching, please send as a proof that your secret works. Very easy to do these days, e.g. as blog with all the trades you took for the last 12 months. (strategy does not need to be revealed, only to prove to us that you’re not full of hot air.

Not that I would be interested in your teachings, I actually love trading fake-outs when traders like you get trapped by the professionals, but rather to ensure that other forum members won’t be fleeced by teachers who teach because they cannot trade themselves.

Thank you
Hello, PPC

We are ninZa.co, a company dedicated to creating and developing indicators and products that support your trading journey.
With this post, we aim to share some helpful tips with you and we do not provide trading education services.
We are delighted to invite and welcome you to explore our ninZa.co home anytime!
 
It's just too big of a coincidence, at this point in time.
3 years ago or 3 years up in the future, would mean nothing, but now.
(While one can chose any symbol/letter out there)

Hi Nobert. I understand your concern...

Our business was started nearly 10 years ago, and this unchanged logo has been with us for nearly a decade.
 
Since you’re CHARGING for teaching, please send as a proof that your secret works. Very easy to do these days, e.g. as blog with all the trades you took for the last 12 months. (strategy does not need to be revealed, only to prove to us that you’re not full of hot air.

Not that I would be interested in your teachings, I actually love trading fake-outs when traders like you get trapped by the professionals, but rather to ensure that other forum members won’t be fleeced by teachers who teach because they cannot trade themselves.

Thank you
%%
Fine by me ;
no such thing as bull or bear trap, unless the bull or bear was dumb enough not to have a sellin' plan.20 years of data or better yet all the data could provide some clues.
I never saw a PRO that had a main goal to ''trap'';
most want a profit+ markets trend + counter trend.
Some hunters do trap..........................................:D:D
 
Back
Top