The Power Pullbacks/Retrace
Pullbacks: The Market’s “Buy-One-Get-One-Free” Sale!
Ever watch a stock trend beautifully and curse yourself for missing the initial entry? Stop! That’s where the Pullback (or Retrace) comes in—it’s the market’s mandatory, temporary dip designed specifically for smart, patient traders.
The advantages are simply irresistible:
Discount Shopping: A pullback is the stock hitting the pause button, giving you a second chance to enter a proven trend at a much better price. Why pay full price when you can snag a discount on a profitable move?
Increased Confidence: When a stock trends, pulls back to a key level (like a Moving Average or former resistance), and holds that level, it’s a massive confirmation. It’s the trend showing off its commitment before the next leg up.
Superior Risk/Reward: Entering on a pullback allows you to place a very tight Stop-Loss (just below the pullback low), dramatically improving your 1
ratio.2 You are risking very little for the potential of riding the major trend higher.
Stop chasing extended moves! Wait for the inevitable pullback. It’s the professional, low-stress, high-profit way to join a trending market. Time to grab that discount!
💰Quotes:
“Price action is the only truth on the chart.”
“Everything you need to know is written in the candles.”
“Indicators lag, price action leads.”
“Trade what you see, not what you think.”
“Every candle tells a story. Learn to read it.”
💰Quotes:
“Support and resistance are the footprints of money.”
“A closed candle is a fact, an open candle is only a possibility.”
“The market doesn’t hide; it leaves clues in price action.”
“The best trades look obvious… after you’ve learned to see them.”
“Patterns are just human emotions drawn on a chart.”
The Power False Breaks
💰Quotes:
“Price action is the only truth on the chart.”
“Everything you need to know is written in the candles.”
“Indicators lag, price action leads.”
“Trade what you see, not what you think.”
“Every candle tells a story. Learn to read it.”
💰Quotes:
“Support and resistance are the footprints of money.”
“A closed candle is a fact, an open candle is only a possibility.”
“The market doesn’t hide; it leaves clues in price action.”
“The best trades look obvious… after you’ve learned to see them.”
“Patterns are just human emotions drawn on a chart.”
The Power False Breaks
💰Quotes:
“Price action is the only truth on the chart.”
“Everything you need to know is written in the candles.”
“Indicators lag, price action leads.”
“Trade what you see, not what you think.”
“Every candle tells a story. Learn to read it.”
💰Quotes:
“Support and resistance are the footprints of money.”
“A closed candle is a fact, an open candle is only a possibility.”
“The market doesn’t hide; it leaves clues in price action.”
“The best trades look obvious… after you’ve learned to see them.”
“Patterns are just human emotions drawn on a chart.”