DislikedUsually you want to BUY when there is panic and there is a high volume up thrust... you look for a retrace (your risk is limited in that case). You want to SELL in a frenzy after a high volume stopping volume or when there is no demand, following a retrace.
Usually you need to minimize risk so if it comes close to the initial breakout you can take a trade with the SL on the other side... if it doesn't work its probably not changing trend yet dont force it.Ignored
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How to opt out annoying user signatures ??
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Time turns trend. - W.D. Gann
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All posts are my personal opinion
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Time turns trend. - W.D. Gann
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Mohan
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