[Soultrader]

Great post and thank you for sharing. I would like to ask a question regarding one trading setup you mentioned. I also use market internals to judge whether the price will hold or a breakout is likely.

However, all my breakout plays are entered at the pullbacks to the breakout point. There are cases where the pullback never occurs and I end up entering at a higher price.

You mentioned that you will enter before the breakout occurs. I am actually working on this technique but have trouble deciding where the stop would be. Do you use a tight stop for such setups?

The only time I actually enter before a breakout is when the TRIN breaks out of its range. I will then enter using a 10 points stop for the YM.

Thank you.