Thought i'd share this discussion over here as it's something that's rarely spoken about, in a lot of my content - in particular my last video pertaining to my current equities system, i talk about application of price action systems, but importantly, how to use them, when to stick to the 'textbook rules' and when to bend them.
This comes down to the directional strength of the asset, that is not to say it is in an uptrend - it is directional strength, it can be either an uptrend or downtrend, it just has to be strong in doing so. In more directionally confident markets we need to bend the rules more to get into the position - hyper-directional markets will rarely tick all the boxes as per your system from a technical, structured pov.
This bending of the rules, is, in other words - discretion, which is a concept and word that both eluded and confused me in my early years - this esoteric, ambiguous term, that felt unobtainable, and shrouded in mystery. I hope my recent content has helped break this down for you a bit in laymans terms and helped you unlock the discretion in your trading that took me so long to truly understand.