Guideline 08. The single most important determination is whether there will be more buyers or sellers above and below the prior bar

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Guideline 07 Guideline 09

The single most important determination that a trader makes, and he makes this after the close of every bar, is whether there will be more buyers or sellers above and below the prior bar. This is particularly true with breakouts and failed breakouts, because the move that follows usually determines the always-in direction and therefore lasts for many points and is not just a scalp.

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