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I seem to Miss alot of these B/C TR is LOM and I struggle with that, but in Video 22A it appears the "BEST" Buy set up is SO for the move is in the 50% area of TR. can you help me make sense of this?
Thank you - Jason
I got it, Al says here in this or another video, "you hold your nose and take the Trade"
Hi Jason,
I think the pinching the nose and diving in is more for big BOs that look too scary to enter on because risk is too far. Here it's more like taking a setup that hasn't even started moving yet... But also do notice that the 1st entry didn't work, would've been either stopped out or BE if lucky. Only the 2nd one took off in new trend after making a DB HL MTR. This is very common. You're not wrong that it's a TR and Al advises to BLSH and scalp. However, MTRs are legitimate setups after a trend break, prior extreme retest and then one or two failures to resume trend. Such setups require entering with small size and need immediate BO after entry. Most result in small wins or losses that balance out to 0 as with most swing attempts.
