Looks to me like 3 legs up at the beginning, followed by a trendline break and gap bars under the 20ma, and then a retest of the high of that 3rd leg ...

Shouldn't a scale in trade be a trade that is a reasonable trade on its own regardless of whether or not you're trapped in a losing trade already?

I think in general, it is better to buy at the bottom of that range. But I will say the context is especially good in this example to expect a breako...

I tend to agree that particular trade is tough to take. I personally would rather have bought closer to the bottom of that range. Entering above the...

Personally, I would be hesitant to take this buy for a couple reasons. First, the leg down was tight and fairly strong. I'd like to see some kind of...

I just want to add to this that after looking at this a little closer, I don't think this trend is as broad as I first suspected. It looks broad beca...

In that example, Al explains that the context is exceptionally good for that stop placement, i.e. double bottom High 2, breakout pullback, strong bull...

I've heard Al mention that if your stop gets hit 2 or 3 times consecutively, to just take a break for a little bit, since your probably reading the ma...

Thanks for your reply. In my chart, I could tell that it was going to trade like a TR fairly early. I prefer to enter with stop orders on reversals ...

The breakout is 50/50 on the STF, but that doesn't mean the breakout will go far against the HTF direction. My understanding is that even though the ...

The bar with the green highlight above is a second entry because it's an ioi. All ioi's are at least second entries. The bar after the bull bar high...

No problem. Also, from what I can tell, its very difficult to know if the next bar after a breakout is going to continue to have follow through regar...

On the initial breakout, I rarely use stop orders. In my experience stop orders nearly always get triggered in strong trends, so there's no point to ...

I kind of use a hybrid. I have my RR based on initial risk, but I also don’t let my initial risk get hit most of the time. So I have a separate number...