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lowtrade

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lowtrade

Re: Ephemeral Rook post# 42040

Friday, 05/09/2014 1:17:56 PM

Friday, May 09, 2014 1:17:56 PM

Post# of 47295
YES But with any down trending slop I recommend small entry @ breakout and large when top resistance is broken. That way if price doesn't break resistance and retraces, you don't have so much money to worry about.

Breakout is positive, but top resistance break is confirmation of a run continuation. This is a low risk way to trade. Most of the time I personally don't enter till top resistance break. Depending on how far up it is. But sometimes I enter with 1/3 at pattern break and 2/3s at resistance.

Welcome to my mind!

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