Trading Vault Concept -
"When charts are in a trend, we are often tempted to pick bottoms or tops because we FEEL a chart has reversed enough. The slightest drift over or under a level, we trigger our trades to initiate a trade in the direction of the move, but in these markets breakout and breakdown levels are part of a wave retracement event, not an isolated event. If the chart does not hold its retracement, the move is failed. This can keep me out of bad trades and failed moves. Learning to implement a strategy that uses this market behavior is essential to consistent trading results"
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