WHAT IS A SECOND ENTRY ?

[padutrader]

second entry became reversal

if it is second entry but it is still the same leg then it will look like a reversal.
when is it the same leg? if there is a leg down and then a minor correction like a inside bar or a small test up without a clear trendline break then it is same leg. you need a clear TL break and then an entry. this is a better set up but then you need context to match too. you have to earn your
money, BRO

 

[padutrader]

second entry became reversal

the bar after the bar marked with blue line was an entry bar for a second entry but there was no clear TL break so the next bar it reversed up. this bar broke a TL and so the next sell entry was a much better one and a lot of traders had the same opinion and entered sell.

 

[padutrader]

second entry became reversal.

made a mistake.... there was a reversal bar after this second entry too because it was the second leg down, of a large two leg pattern and i entered after this reversal bar but i exited when the entry bar became a doji. the highest probability entry was on the bar after a solid bull bar marked with the blue line. CONTEXT CONTEXT CONTEXT

 

[padutrader]

patience pays .. blue line was wedge failure so target is 4385 bought at yellow line

 

[padutrader]

scalped out: on a trading range day break outs however strong will be faded: safety pays ... but not much.... you want more pay, take more risk; my employer does not like more risk

 

[MACD]

do not try to make up your loss or over trade. unless you are profitable trader which means you have the edge and not the market

Great @padutrader that you clearly stated this fact. Thanks. Also as I am sure you aware, there are charting programs that are very helpful in implementing this trading method. Thanks again for your sharing Padutrader.

 

[padutrader]

perfect context low probability so swing trade sold at blue line

 

[p0box4]

If you don't mind me asking, what happened to the funded account?

 

[padutrader]

perfect context low probability so swing trade sold at blue lineView attachment 327130

closed

 

[padutrader]

If you don't mind me asking, what happened to the funded account?

i am a born loser everyone knows that, i have given up trading why are you wasting your time with me.i will buy another funded account it is for sale