Thats now my problem.
Getting in before the "xtreme" is in place.
M.O. calls that gambling.
I call it the fear of missing out.
Whats the difficulty? There is an Extreme and you trade away from it...https://www.tradingview.com/x/oPWRJ6AK/
If you get it wrong then as long as you manage your Risk (which this method does, if you follow it properly) then you technically only lose initial risk capital - but the way MO plays it is he will scale out before he takes a full loss... "Never take a full loss" - MO
So yeah, I don't know whats the issue with extremes// They are all over the place, and If they get breached, or you think they will then just place your limit above the extreme with a large enough stop if you are "gambling" - at least that way you got a better chance of getting wicked...?https://www.tradingview.com/x/e11SPXTv/
Here's a real world example of a trade I made on the UC a few weeks back...https://www.tradingview.com/x/6d7pyfe3/
The logic was to trade off the Huge Extremes to the left... but taking the Cones into account I opted for a wicked in approach https://www.tradingview.com/x/wdMfORwk/
The first trade i held over night and only scaled around in the next day and normalized the risk because I thought the Extreme was good... Took it all the way to the cone break out at the bottom reversed and got in my second trade later in the US session off the back of some good news...
Closed out at the original entry... this just an example of how I traded this method over a longer term view... with a similar result...