Is this the pause that refreshes?

Is this the pause that refreshes?

Hi everyone, welcome to the Real Vision Daily Briefing with me today's Dale Pinkert,

trading coach at Trade Gate Hub. Hey, Tao, it's great to see you.

Hi, Maggie, great to be with you as well. So we had stocks pull back from their record levels. I'm not huge losses but about a quarter of a

percent on the NASDAQ to about a little less than a half on the Dow.

We saw the dollar soften a bit.

In both cases, we're sort of wondering

if this is, it feels like just a pause

or there's something more here.

So why don't we walk through some of the charts that you're looking at and maybe let's start with the dollar. What are you seeing there?

Okay, well, last time I was on with Ash, a big number for me was 10380.

So if you see that first stop there, once we took out 10380,

we went directly to 102 30 within three days and that wasn't turned out not to be the

breakdown and I'm really happy that I teach people to take partial profits and in fact I was talking to

Jack Schwager the author of the market wizard series and he talks about the fact that if you do not take partial profits you're

counting on the probability that you're a hundred percent right which is the

exception rather than the rule and you're not going to get paid.

In fact, he's friends with Peter Brandt.

And Peter's style is when he gets a signal is to take quick profits and then to move a stop to BE.

Does that sound familiar?

Yeah.

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