RE: Beginners Questions
(2014-10-17, 12:38 PM)isatrader Wrote: The weekly close is used for confirmation of the Stage 2A breakout, and you would exit immediately if it didn't meet that requirement.
Great point about using the weekly close as a confirmation of break out... I've had a couple entries where it broke out during the week, but closed the week below the breakout point. I should have exited at that point and would have saved myself some pain if I had.
Thanks for the reminder.
I've missed more than 9,000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over again in my life. And that is why I succeed. - Michael Jordan