Are there any loopholes in here? What do you guys think?
Strategies do not stay the same and give the same successful results forever in trading. The strategy may work just fine for the now and be without loopholes but it will not yield the same successful results forever and you have to be ready for that time when it is finally happening. While this strategy is in use for you, you will need to stay on top of information and try to have another strategy in waiting for when this one starts failing so you are not left behind.
I agree since the market will not follow a single pattern. If you believe that the strategy you acquired through the mentorship program is always effective, you are mistaken. Because if it worked, all traders would be profitable. Market-makers are constantly pursuing our stop loss in order to make money, thus we can assume that if they knew how our approach worked, our stop loss would be hit most of the time. You must adjust that strat by simply waiting for manipulation to occur before entering a trade, which is not easy because the manipulation is not always obvious.