Buy point

When you enter a trade, you want to let the momentum of that trade do the hard work for you when making the money.

If you enter a trade at the wrong point, you are often missing the momentum.

So what is the right point?

• In a breakout, it is the 5% zone from the resistance.

• In a pullback it is the 5% zone from the support or the break of the bar that bounces from support. In other words, it is AT or FROM.

In both cases, later entries can also be taken but too late an entry means pullbacks are likely to shake out trades.

The exit is more important than the entry but a good entry often makes for a good exit.

Let's go trade!