Breakout Trading


#1

When trading market breakouts like the Bollinger Bands squeeze what are some good ways to avoid the dreaded head fakes?


#2

I would expect that adding the expected volume indicator would help. Only take trades if volume is picking up. I haven’t tested this, mind you, just an idea…

Brad


#3

Bollinger bands are not a part of any of the Apex Trading Systems. As Brad mentioned though you could use the Expected Volume Indicator to see if Volume is higher than expected to help you in making the decision to enter the trade. Exceeding Volume is the main thing we use for breakout and Scalp Trading