Equilibrium Part 2

Equilibrium Part 2Lesson 6 of 86 min read

Measure both distances

The same idea taken at two different prices, with the arithmetic that shows why the pullback entry is usually the one worth waiting for.

Modules 22 and 26 both said to skip a break of structure when the reward is poor. This lesson does the measuring.

Two numbers, before anything

Every candidate entry has two distances attached to it.

From the entry to the stop is the risk. From the entry to the first target is the reward. Work both out in dollars before you decide anything.

Two subtractions, done before the click, not after.

The break, priced

Gold closes above the 2,431 high at 2,433, so that close is an entry.

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