What do you consider a "properly constructed breakout?"
Posted by Charlie Trader on 30 March 2018 04:58 PM

What we mean by that is a breakout that is preceded by a flag pattern or a clear support (or resistance) area.

For any trade we need to know exactly where we're going to enter as that will set up the entire trading plan for us.

If we mess up the entry it makes the entire psychological process of implementing the plan very difficult.

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