East Timor (Timor-Leste) Map on When we trade a break for failure, on the other hand, the initial buildup is directed towards what we perceive to be the nonfavorable side of the market. Now the idea is not to trade the break from this buildup progression, but to anticipate and trade the failure of it. (At times, this setup can bear strong resemblance with a pullback reversal, or even a pattern break variant.) In the coming pages, several chart examples will demonstrate the tactics involved, but do keep in mind that before even considering to exploit the follies of others, our first priority, always, is to avoid getting caught in the notorious traps ourselves. Below is a list of common trading errors, all of which we have already taken up one way or another in earlier discussions. Yet as easy as these mistakes can be pointed out on the drawing board, with similar ease they can be overlooked in a livemarket environment where all sorts of devious emotions are known to take their toll on a trader’s better judgment. Typical trading errors are: Chapter 7 Skipping Trades and Trading Breaks for Failure 1 : Trading against a strong trend or an otherwise dominant pressure. East Timor (Timor-Leste) Map 2016.
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