One of the most common asked questions. When price is creating higher high or when the resistance level is broken, what can I do? when and where should I enter? The answer is very simple Breakout (structure broken) > WAIT for pull back (to structure level) > BUY As we can see from the chart on the left, when there's a breakout (structure broken / new high is...
in trading you will see this patterns over and over again this is how the market works. Don’t let pullbacks scare you a pullback needs to happen in order for price to continue its movement. If you see below on the chart if you have bought all the way down you could have got all that move up without being scared of pullbacks because you know and you are confident...
DFX has increased 130% in three days and has found resistance at 50 moving average. A pull back is always highly likely after these big moves so I am looking to short the market and profit from the pull back. My first profit target is placed at the prior support line. I usually like to wait for negative divergence before entering these trades but as the increase...
Open two same positions at pull back engulfing or pinbar candle.... first target should be 1:1 RR and second position 1:2 or 1:1.5 .... when u hit ur first target move stop loss from second position to break even and u cant loose from second position yet u can win additional pips..... on this example we hit first target and hit break even on second... so we are in profit!
Sometimes the setups don't come at the right times. So what do you do? Here's a breakdown of some alternative entry strategies you can think about.
This is a great example for traders of all timeframes to study. I don't really have time for people basing trades on wide zones - that's fine for analysis, but for a TRADE, you've got to see the fight at a specific level. When you draw these correctly, you can get a really great picture of evolving sentiment and balance of power shifts. Most traders treat...
Here's the setup on the H1. Apply this to any time frame. If you're using important levels and trading at the right times, most healthy breakouts involve some version of this shape. Strong, confirmed breakout with a clear close past the level, a weak but steady pullback to the level, and then an immediate fail at support-turned-resistance.
This is the type of context shift we're looking for. The breakout bar shifts us from analysis mode to trade hunting....looking for lower time frame, healthy PBSR to risk off a level retest. See comment for H1 ideal entry. (These are not trades I took, I'm just building a solid study library and I suggest you do the same).