China package tours on As a consequence of these exceptional conditions, plenty of strategies designed for the ordinary and generally slower market may now fail to produce dependable entry signals, leaving countless traders to ponder on when and where to catch their ride on the bandwagon. These worries are essentially irrelevant to a conservative breakout trader, because he has no need for a trade. He doesn't care either whether the market is trending or ranging, or lying dead in the water; his sole aim is to participate in breakouts of the high-odds category and he will lay low on all offers of the weaker kind. Such a relaxed disposition is not exactly commonplace among aspiring traders, particularly when confronted with a very lively market.
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And even among the more experienced there are many that become so blinded by the might of the trend that all they want for themselves is a piece of the pie. But how should they go about it? Should they aim for continuation in a round number level; should they pick the first turnaround bar to come along; should they wait for a miniature hiccup in the trend to be tested; should they trade the break of a pullback boundary line? Depending on the situation, any of these techniques could get a trader in position; but since consensus on the most sensible course of action is likely to be divided, trend traders and contrarians may have to battle it out somewhat further still, and this can make for pretty bumpy rides. In other words, as much as we can almost be certain that a supertrend will find some form of continuation, it remains to be seen how well a 1 0 pip stop-or any tight stop, for that matter-would hold up if the chosen entry is only a wee bit premature.
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