Trade Entry types
I will explain this as simple as possible
Risk entry(aggressive) and confirmation Entry..
Risk entry is the simply just entering a trade even before it gets to ur point of interest... More like an aggressive break of structure, then you mark out your zone
I will explain this as simple as possible
Risk entry(aggressive) and confirmation Entry..
Risk entry is the simply just entering a trade even before it gets to ur point of interest... More like an aggressive break of structure, then you mark out your zone
enter the trade and expect market to take your order and move in your direction, just like the picture below.
now why do we call it a risk entry:
Its risky because, price might get to ur Zone, and continue moving against you or it might just hunt your Stop loss before moving in your direction. But sometimes in an aggressive market you tend to catch fast trades with it.
Its risky because, price might get to ur Zone, and continue moving against you or it might just hunt your Stop loss before moving in your direction. But sometimes in an aggressive market you tend to catch fast trades with it.
CONFIRMATION entry: this is the entry Mode i use most times , you mark out your point of interest and wait for price to get to that zone, then you go down to the Lower time frame wait for a Change of Character in the trend, telling you the market is about to go change direction
Then you pick your lower time frame Order block and place your pending order, Price should mitigate your LTf OB and go your way, its less risky and gives more Wins than the risky entry mode.. but you tend to miss Entries sometimes.. ๐ฅ๐ฅ see the picture below
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