There are various types of entries in a trading but I use two types, the first way is by using limits and the second way is by entering based on the reactions and changes in structure in the lower times frames . They are namely aggressive and confirmation entries.
CONFIRMATION ENTRY
The confirmation entry is more complex and this is taking an entry based on the reaction to our point of interest.When taking a reaction based on a mitigation reaction, we want to monitor LTF price action for a change in sentiment to align with our trade idea.
The confirmation entry is more complex and this is taking an entry based on the reaction to our point of interest.When taking a reaction based on a mitigation reaction, we want to monitor LTF price action for a change in sentiment to align with our trade idea.
Ideally, we want to see liquidity built and swept, followed by CHoCH aligning with our direction before taking an entry. We need to understand that true mitigation comes mostly from the 50% and the mitigation of the open is only to be counted if it breaks the lower TF structure.
With this being said, we need to wait for the POI to be mitigated and then we assess the aggression following the mitigation which breaks structure giving a change of character. After which, we enter based on the return into premium or discount of the newly formed lower TF range.
We will then simply place our stop above/below the high/low, and a lot of the times, this will give us a higher R:R ratio. This will also save us from our stops completely getting blown/ignited because if we don't see the reaction that we want to see, we simply won't enter.
However, if we miss the initial entry,we can still take continuations once we see the narrative playing out. Continuations are often the safer entry,as the market is already trending at this point,instead of us anticipating the trend.We need to be more conservative with targets.
Waiting for price to give a significant bearish reaction from your bearish point of interest in a bullish trend is what confirmation entry is all about.
The cons is you’ll miss some nice entries so I will advise you to BACKTEST this over and over again 😊
The cons is you’ll miss some nice entries so I will advise you to BACKTEST this over and over again 😊
NOW TO SOME OF MY ENTRY MODELS
•Pick one and learn you don’t have to learn it all
•"I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick
10,000 times.”BRUCE LEE
•Pick one and learn you don’t have to learn it all
•"I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick
10,000 times.”BRUCE LEE
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