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Online Trading Seminar The seminar will be recorded, and will remain on the website along with all charts and text, for those who would like to attend but can't be present for the session.
Every day there are 'these' periods where price moves back and forth - breaking focus prices and 'flipping' indicators BUT going no where. AND THEN there is a breakout with continuation - are you in the trade OR you flat after consecutive consolidation losses? Every day there are 'these' situations where a new trade is entered OR an existing trade is exited. AND THEN within seconds of making the decision the previous move resumes - was there a way to have avoided this situation? Every day there are 'these' trade setups that 'look good' BUT for some reason there is something that makes you hesitate. AND THEN the trade not only breaks to an immediate profit it keeps going fast apparently with no way to enter - was there a key to this price movement that could have been seen?
Centerline trading can give us our method's best available price entry into a swing OR it can give us multiple losses from overtrading inside of consolidation; differentiating between these potential trades-situations is very important. Often these multiple losses come from trading when there is really nothing to do but wait for a setup, but instead, knowing that so many trades do begin as a centerline trade, the trader continually takes non-base and/or non-setup trades because they think ‘getting in a little earlier’ makes the difference as to whether the consolidation will break, or they are trading from a fear of missing a trade and then not knowing how to enter. Related to centerline trading is first continuation trading, which should be logical in that if the centerline trade is not done and there is continuation, there needs to be a method way to enter that swing – a way that is not a chase to the missed trade and/or a first continuation misread – both common situations when it is realized that a profitable trade has been missed.
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