Not exact matches
Saying that a lot of authors are surely
failing without any evidence to back it up is not
very persuasive
logic.
The
logic behind placing your stop loss near the 50 % level of the consolidation range is that if the market comes all the way back down to that point the breakout is probably not
very strong and likely to
fail.
On the other hand, Brandon Shollenberger, on the single answer he provides,
fails a
very basic
logic test.