Consistency with the Pullback Trade |
By Alex Wasilewski
April 04, 2012 |
In today's video, we will take a look at the pullback trade and how your rules for this trade should have consistency. Let's illustrate the application of two types of orders one can enter at the same time in the market. By entering these two orders at the same time, it allows you to enter a trade and accept either of two benefits: a great fill, or a trade with the momentum.
*Please note that this video was previously recorded and price levels referenced in the clip are for demonstration purposes only.
For more from Alex, visit PureTick.com.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
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