
081: Alan Farley – Breaking Down Breakouts and Dynamics of Price Movement, with The Master Swing Trader
Chat With Traders
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How to Trade a Breakout or Breakdown Strategy
If you can't do diagnostics on the trade you want to take, then you shouldn't take the trade in the first place. For me, we're stochastics, we're the 533 on my three timeframes. If it's a daily trade, and I only use on balance volume in daily scale, if it's on balance time supporting a daily scale breakout, is where the Bollinger bands go into overbought status? You know, why are you wrong when you're wrong? There's that's the losses give you as much information. But yeah, for your first couple of years, you probably want to look at the entire process because that process could be bread
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