Bailed as soon as it came back on me. I have learned something new today. And I am happy about that. Almost giddy.
Entry is long at blue arrow. Red circle is where I moved my stop up to as soon as it started to take off, and signifies (obviously) I was stopped at close to break even.
Yeah, I think its correct to exit very quickly on failed breakouts, I only think sitting through pullbacks is ok if the trade initially surged at the breakout point, which shows that it was confirmed, but if price chopps right as the zone is breached I just get out.
ReplyDeleteExactly Scalpwiz, my findings too.
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