Udemy
    •  
    •  
    •  
    •  
    •  
    •  
    •  
    •  
Turn what you know into an opportunity and reach millions around the world.
Learn More
Your cart is empty.
Keep shopping
Breakout Patterns Workshop by Pattern Trader
Rating: 4.4 out of 5(16 ratings)
77 students

Breakout Patterns Workshop by Pattern Trader

How to catch a stock before its BIGGEST moves. Adapted and simplified, Breakout Patterns are now easier to master.
Last updated 9/2016
English
English [Auto],

What you'll learn

  • Understanding Breakout Patterns

Course content

3 sections15 lectures1h 19m total length
  • Introduction to Breakout Patterns19:57

    Master breakout patterns and risk management by applying two rule sets, never lose money, never buy the high, and buy on breakouts with price and volume focus.

  • The Three Breakout Groups2:33

    Learn to identify the three basic breakout groups within horizontal and long-term consolidations, and estimate duration in candles—from quick 10–15 candles to extended 40–60 candles—across different timeframes.

  • Trading The Breakout Pattern8:22

    Explore the double bottom and double top patterns, read history with support and resistance, and apply two core rules to manage risk and pursue breakouts with low-risk entries.

  • Pyramid System of Financial Management11:21

    The pyramid system of financial management teaches diversifying bets with a wider base and smaller top to manage risk, take profits, and cut losses.

Requirements

  • Basic understanding of any financial instrument
  • Financial Charting Software that supports Breakout

Description

Breakout Patterns are age old, time tested and highly reliable techniques of identifying charting patterns that allow investors to make low risks judgement calls on the future direction of their investments.

Breakout Patterns hide precious information that when properly interpreted, reveal to the informed and savvy investor, the fear, doubt, greed, intent, euphoria, panic and many other emotional states that are likely to influence the direction of the investment.

The Pattern Trader Tutorial strives to keep the original intepretations of the Breakout Patterns and constantly monitors changes in its medium to long term effects.

The Breakout Patterns Quick Reference Cards serve to incorporate these medium term trading alternatives, while preserving the original interpretations for the long term investor.

Whether you’re a long term investor, short term speculator or swing trader, understanding the psychology behind Breakout Patterns will give you the edge in understanding and anticipating opportunities before they happen.

Adapted and simplified, Breakout Patterns are now easier to master.


Who this course is for:

  • Investors
  • Short Term Speculators
  • Day Traders