reason I use a 20 cent stop is because I always want to trade with a 2:1 profit loss ratio. . This technique will only give you a framework to examine methodically the fight between the bulls and the bears. What are Chart Patterns?
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You either have statistics that generate returns or losses. . You can also trade with the breakout triangle strategy. These footprints can lead us into highly profitable trades. Make sure you stay up to date with market news and any events that will impact your asset, such as a shift in economic policy. So, get online and check obscure regulations wont impact your strategy before you put your hard earned money on the line. What do we mean by that? This strategy defies basic logic as you aim to trade against the trend. Books Having said that, a PDF simply wont go into the level of detail that many books will. Please leave a comment below if you have any questions about Chart Pattern Trading Strategy!