Lessons › Price Action

Breakout trading & retests

Beginner·10 min read·Premium lesson

A breakout is when price escapes a range or level and starts a new move. Breakouts catch the start of big trends, but they also fail often. Most of the skill is in filtering out the fakes.

The full lesson covers breakout entries vs. retest entries, volume and compression filters, and the 20-bar Donchian breakout system.

Continue the full lesson

The rest of this lesson includes the exact rules, diagrams, live chart examples, a checklist and a practice drill. Premium members get all 101 lessons.

Read the full lessonCreate free account