The best setups happen when the market exhibits emotional extremes (late-public panic or greed), creating temporary price imbalances.
Traders fade the breakout, betting that trapped breakout buyers (or short-sellers) will be forced to liquidate, driving a sharp, rapid reversal in the opposite direction. 3. The 80-20 Rule street smarts linda raschke pdf
Every single strategy in the text starts with a defined stop-loss to minimize exposure before ever calculating profit potential. The best setups happen when the market exhibits
You enter a position just as the price begins to bounce off the 20 EMA in the direction of the original trend, with a tight stop-loss placed right below the recent swing low. 2. Turtle Soup driving a sharp