Confirmation: Make sure it is confirmed Of course not every breakout keeps and some reverse, these are false and can effect losses. You therefore needed to confirm every one move. All you need to do to close this is to land a few draft indicators in your Forex trading system to confirm your dealing signal. These indicators give you an estimation of the strength and velocity of price and there are alive with to choose from. We don ' t have time to discuss them here ( simply glad eye up our other articles ) but two of the greatest are - the stochastic and Relative Strength Index RSI Stops and Targets Stop points are easy with breakouts - Simply behind the breakout point. If you have a serious trend then you need to be careful you can milk it, so don ' t move your stop to soon and keep it appearance of normal volatility. If it is a huge move, trailing stops should be held a long - term way back and the 40 day wicked common is a good prone to object. You have to keep i...