Courses › BLT | Bank Level Trading
M1 Entry Flexibility
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What this lesson covers
This lesson covers flexibility on the one minute entry and clears up a common misunderstanding about what invalidates a boomerang. Once a boomerang is identified, on any timeframe from the fifteen minute up to the daily, it is only valid when it has completed: a one, a two, and the boomerang shaped fake out coming back into price. What invalidates it is the absence of that completion, not a rejection of the third tap, which many traders treat as a failure when it is nothing of the sort. The lesson works through the point of interest, the pattern and the order placement, and shows where flexibility on the entry timeframe is available and where it is not.