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>> Why not do both? That way you never miss a big
>> trend and you also enjoy the
>> benefits of entering on dips.
>> Chuck
Yes.
BTW, Mr. Sweeney wrote an excellent book on
merging both concepts in his book "Campaign Trading".
He also emphasizes the concepts of MAE and MFE.
Having 1 entry for breakouts and 1 entry for
trading retracements is really like trading 2
separate systems with each entry having its own
money management rules.
Jim
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