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When making an entry into anything,you need to ask "What am I wanting to do?" 


If you dont answer "Get onto a trend" your not in the right field!

There are 3 places to do this both long and short.

How good your entries are (Relative to both Win rate and Risk reward ratio/drawdown) will be dependant on stop and exit. Regardless of timeframe you trade in.


Above we are seeing debate on the Vehical being used to gain entry and elsewhere exit.This can be debated endlessly.

Point is it doesnt matter.


What does matter is that you KNOW how your entry/stop and exit combination performs. You can guess/dedate and Argue a zillion different Indicators,Variables and Patterns,but without knowing how your application of these tools within your trading methodology (win Rate R/R ratio/Initial and peak to Valley drawdown), will likely perform---you may as well guess each.


With all due respect to those contributing---your missing the target!


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