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Breakout Trading Strategy FREE Ebook by Tim Trush and Julie Lavrine That Can Make You a Fortune!

Breakout trading is very profitable if done right. The beauty of breakout trading lies in the fact that if you are right about breakouts, you can rack up a huge pile of pips in a matter of minutes. But the problem is that there are often false breakouts and most traders cannot distinguish between a false breakout and a real breakout.

You see, in the event of a false breakout, the price action will soon retrace itself. But in the case of a real break-even price action, one never backs down. So, if you mistake a fake mistake for a real one, you will soon lose your shirt in the market.

It is precisely for this reason that most traders avoid trade allocations. But not Tim Trush and Julie Lavrine. They are trading successfully. In fact, this FREE Magic Breakout Forex Strategy eBook is a gift from them.

Over the years, both Tim and Julie perfected their breakout trading strategies. Now, many momentum traders place a buy stop order at a significant price acitone height if a breakout to the upside is anticipated. Similarly, in the event of a breakout on the downside, many people want to place a sell stop order.

Thus, if a breakout occurs, the price action will move up or down rapidly, depending on whether it is a breakout on the upside or a breakout on the downside. A buy stop or sell stop order will ensure that the order is filled in the event of a cancellation but will not be filled in the event of a collapse.

Sounds great! Huh! But the problem is in a false breakout situation, the price action will retrace itself and go back to where it was before the short term profit turned into a big loss. So, you can see, breakout trading can only be profitable if you know how to differentiate between a mistake from a real mistake.

You need to learn some chart patterns like double top patterns or double bottom patterns which are often used by experienced traders to distinguish between fake and real breakouts. You can also use the ascending and descending triangles. However, mastering these chart patterns is not easy for inexperienced traders who want to make hundreds of pips in a few minutes. You see, even experienced traders can make mistakes when it comes to recognizing these chart patterns.

Meet Julie Lavrine. He has been trading the financial markets for over ten years and has experimented with various technical analysis tools. It has come up with a clever method to distinguish a real break from a false break. It uses the CCI indicator. Yes, I am talking about the Channel Marketing Index Indicator.

If you have ever traded, you should be familiar with the CCI Indicator. If not, you can easily master it in a few days. Now, there are two lines on the CCI chart. +100 and -100. When the price action crosses the +100 line, it is a signal to go long. And when the price action breaks the -100 line on the downside, it is a signal to go short. These signals give you the advantage to stand out from the crowd.

Julie and Tim both perfected this breakout trading strategy and used it very profitably where they turned $1,000 into a fortune. In fact, one of their students made a million dollars and his return was 5400% using this strategy!

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