Do you struggle knowing when to enter a trade?
Well then you already know that finding a great trade setup is not enough. After you find the trade, you need to figure out where to enter. And that can be tough…
…If you enter the trade too early, you might be jumping into a false move. If you enter the trade too late, you miss out on a lot of pips.
Here is an example:
Me and Bob want to enter short on EUR/USD, we are both targeting 1.1100, with a stop at the 1.1250 level. The only difference is that I enter at 1.1200, and Bob enters at 1.1180, 20 pips after me. And that 20 pips makes a big difference. While I have a 50 pip stop, and a 100 pip target, Bob has a 70 pip stop, and a 80 pip target.
As you can see, picking the perfect entry is vital.
But the question is, how do you pick the perfect entry?
Well, in the live training session below, I show you how to do just that. And, I also show you how to:
- My price action techniques for avoiding early entries.
- How to place smart stops, instead of dumb stops.
- How to place smart targets, to maximize the chance of price reaching target.
- How to enter on retraces, in case you miss the first entry.