The support forum is built with (1) General and FAQ forums for common trading queries received from aspiring and experienced traders, and (2) forums for course video topics. How to Trade Price Action and How to Trade Forex Price Action videos are consolidated into common forums.
Brooks Trading Course social media communities
Brooks Trading Course Learning Resources >>>
About the green bar, which is a 2nd entry, isn’t the Probability higher than the first one since is a better bar and a 2nd try + the RR is the overall same, since both H was at the same tick… and the OS the same too of course.
So where is the Trader Eqution in this case?
Risk, reward, and probability form the function. However, there is initial and actual risk which become important aspects of how efficient one is able to read the charts. As you pointed out, the second entry will have a higher probability, but not just because it is a second entry. It is alwo because the bulls were able to first move the market 2 consecutive bull bars in a row against an 8 bar bear micro channel. So the first attempt showed some initial activity. However, you'll note the pullback from that first attempt. That pullback shows the actual risk and the initial risk were fairly close (thus not an efficient "launch" on the entry bar). However, the second entry was much more efficient. Efficiency and probability often tie together.
Therefore, you will notice that the 2nd entries often have higher efficiency, and therefore higher probability. Note, in many cases the second entry will not have a more favorable entry because the market doesn't provide many "free bees".
Hopefully helpful and good trades to you!
