When trading, traders buy low and sell high. To avoid buying or selling high, traders must wait for the price correction. The goal of a trader is to recognize when the correction has ended and when the trend will resume. The Two Legged Pullback helps traders recognize when the right time to enter the market is under the right conditions.

Price action describes the characteristics of a security's price movements. This movement is often analyzed in terms of price changes in the recent past. Simply put, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on recent and actual price movements, rather than relying solely on technical indicators.

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Price promotion rules

1) Trend line rule
2) Don’t trade against the trend
3) Trading margin rule
4) High probability setup rule
5) Signal bar rule

The only ones who know where the market is going are institutions. They are the ones who move the market and our job as retail traders is to follow in their footsteps and cut ourselves a piece of their movement. As price action traders, we need to find the most profitable ways to enter the trade. The most likely setups are 2nd entries at the key entry points.

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