Hello! I’m Daniel and demo trading for almost 6 months. Trading got my attention about 1 year ago, and since then, I’m permanently learning and absorbing new information from everywhere I can (reading articles, forums and watching Youtube videos). One video caught my attention, about false breakouts. My main struggle with trading was identifying good breakouts, but failed constantly. After I saw that video, I realized that valid breakouts appear only 15% of time, and the rest ones are false breakouts. So, why chasing a pattern that has a 15% chance of developing, when I can trade a false breakout, a more common pattern? Now, instead of trading a breakout, I’m trying to go the other way around. I’m waiting for a support or resistance to be broken, I wait for the price to retrace within the range, and go the other way around. I traded on demo in the last week on Dax and Dow Jones Index and so far I have a positive balance, using a 1:1 risk/reward ratio (here’s a link to the video if anyone is interested : ) I will continue to demo this approach. What do you think; could false breakouts be more profitable than normal ones? I don’t have much experience, but this method really makes me open a real account.