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How to Measure the Strength of a Breakout
You probably want to know about the strength of a breakout move before you decide if you are going to trade into that breakout or not. After all, the stronger the breakout, the more that you can potentially make off of it. However, if that same breakout seems to be mild, you may want to wait for a little while before attempting to make a move in that market. It makes sense to wait until you have a little more confirmation and know for sure which way the market appears to be headed. You will benefit greatly from your patience if you can exhibit some. There are two things that price can do after a period of ... (full story)