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Name: Congestion Markets: Estimating a Breakout Target

Description:
-File Size: 139.70 kB
As traders, we know that markets congest much of the time - some say, markets congest as much as eighty percent (80%) of the time. We also know that a sideways market is often the quicksand into which the trader's capital, his lifeblood, drains.
To avoid this black hole, some traders have adopted the policy of trading only the breakout. If only it were so simple to make money!
 
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