Trends unfold in waves. There is a reversal of the former trend, a pullback or pause, another wave, pullback or pause, and so on. Common trading problems include trying to guess when a trend will reverse, and as a result entering the trade too early. Another problem is waiting until everything looks perfect before entering; while this may work on extended trends, the trend is likely about to reverse by the time everything looks perfect.…
The post Focus on ‘Middle Waves’ for High Probability Trades appeared first on Vantage Point Trading.
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