Quote:
Originally Posted by BigPippin
A clean break is when the price just doesn't touch a level, but rather, it breaks through it. It also is a clean break if the price can close higher/lower than your target. See today's post for an example.
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So if I understand you correctly, you don't set a take profit when you open a trade but rather you watch the trade as it progresses and if a bar
closes passed your goal, you then move the stoploss to the take profit level and continue monitoring the trade. Does this sound right?