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Hi all.
Al says a trader can do "walmart trade" on a credible swing setup. However, I can't grasp the exact nuance of the word "credible setup". What is it like specifically? Does it require clear context and good signal bar? Is it like the blue rectangled ones of Al's daily setup archive?
Hi Koki,
Please wait for a strong BO to prove that your MTR trade has started a new trend before "walking away to Walmart". Let the high probability (>60%) carry the trade for you if you're not there. Otherwise, you walk away before the BO happens and the trade doesn't work and you come back 2 hours later and missed a totally good trade in the opposite direction. Let the market pick a direction and start moving before relying on the stoploss.
Hope this helps,
CH
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BPA Telegram Group
Hi Mr. Carpet,
It's a new perspective for me but it comletely makes sense.
Thank you again Mr. Carpet!