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.
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