josi wrote: Thu Jul 22, 2021 3:59 pm you are quite right, of course - and as long there is a 2nd touch (retest) after the TL-break you get a pretty good entry price.
And in hindsight it all looks easy enough... but only in hindsight:
Those times, however, when this is not the case, you have to buy a market high (up) or low (down) and that can really hurt (if - God forbid - you buy/sell a fake-BO (and, as Adam Grimes has proven statistically, most breakouts fail)).
Especially for pullbacks in a clear trend it could (I am just saying, nobody has to agree) make sense if you bought (close to) the low of the pullback in an uptrend/(close to) the high of the pullback in a downtrend.
So - my unqualiified opinion - MAs (for example Jurik) could have a place for continuation trades in such an environment.
Don't take my word for it: Just look at your entries using TLs and then look at possible entries using MA (but you have to be sure about trend direction before you think about it).
But what do I know?

josi wrote: Thu Jul 22, 2021 4:15 pm

notice wrote: Thu Jul 22, 2021 9:30 pm GU TF 5M
Thank you, RplusT !