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Every trade I take has 2 main Invalidations.
They are Price and Time.
1)
Price invalidation defines where my idea is wrong.
• The price action that disproves the setup.
• The level price cannot cross.
2)
Time invalidation defines when my idea is wrong.
• How long I am willing to wait for entry.
• How much time the setup has to work.
If either condition fails, the trade is no longer valid and I can exit out of the trade early.
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