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Introduction This is one of my favorite setups, and one of the Best Forex Signals used with price action trading. Breakouts occur when price breaches some sort of containment. Some breakout events produce very explosive moves, but you’ve got to know the correct time to trade these breakouts because not all of them actually work out the way you would expect them two. There are critical areas where breakout traps are highly prone to occur. Most unsuspecting traders will blindly trade the initial breakouts from these high risk areas on the chart. A breakout trap occurs when a price breaks out of the high risk containment area and triggers breakout traders to jump into the breakout movement. All of a sudden the market collapses back in on itself ‘trapping’ those unsuspecting traders into a false move. We like to keep things simple and effective here at The Forex Guy. We use only the Best Forex Signals built on candlestick setups that have proven to produce the best results in everyday trading.
Interests Best Forex Signals, Forex Signals, Forex Trading Signals