DislikedBasber, I was just writing this to ask about this GU setup, if it does breakout today. If it does not, I am perfectly prepared to wait till it enters the zone I deem to have a possibility of a breakout.
EDIT:
GU has moved so far since I was writing this, this is no longer a valid question but at the point in the chart, I think it is valid.
I am reading your post about the learning curve and I can understand it. It is a great Post Basber!!!!
I thought this was a good question to ask but TAH seemed to rebuff me for asking it, don't know...Ignored
You can enter on breakout if you're an aggresive trader. but if I wanted to trade SonicR, I'll be more satisfied to see this ... (blue lines) ...
It's better to see the retest on previous resistance not through it ...
Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.