Learn what makes the?MagicBreakout strategy antithetical and?magic.
I.2. What is really a "breakout"?
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Identify "good" breakouts and "false" breakouts. Good breakouts result in respectable profits, but false breakouts turn back to losses. The close paragraph will reveal the secret why false breakouts more often become and who is responsible for that phenomenon.
I.3. The secret behind false breakouts
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Have you heard about the old famous?123-Pattern? Have you ever reliable it? Have you proven to trade breakouts? Bury it. Let's explicate the insider's secret why most traders lose money trying to clutch the breakouts. Let's conceptualize the myth.
I.4. Julie comes with a benign solution: Preserve the breakout before the gang!
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This is the temperament of the?MagicBreakout strategy. Julie has initiate a untrusty way to mark between good breakouts and false breakouts. Moreover, her eyes see a breakout before it happens!?"Surprising, I can't believe I'm doing this!"
Chapter II: Entry
II.1. Chart setup
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Prepare your chart.
II.2. Entry rule
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Enter the market only when your method tells you. Emotionless trading.
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II.3 Practical implementation
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Recognize a sound entry block by quantify.
Chapter III: Exit
III.1. Chart setup
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Prepare your chart.
III.2. Exit rule
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Remember: Exit is untold more fundamental than entry! Knowing when it is time to exit the market is a rattling central task. Some traders get out too early of a successful trade because they do not play a supposition grouping. Some traders participate the market and then they nervously timekeeper the chart and ask themselves: "Should I close the position now... or NOW?!". Their emotions hold their trading and they consistently lose money. Name, it is a penalize that separates winners from losers.
Chapter IV: Maximize your profits and achieve function earnings
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If you strictly persevere the money management rules, it is a very unhurried extend to become a Forex millionaire in a relatively tender time. Can't expect? Let us show you the math.