Entry / Entry Deviation Flashcards
What to be careful of when looking for a better entry
It’s an act of refinement, don’t take it too far
An amazing entry may mean your idea is invalidated
Can fish for wick below but don’t want to buy if idea invalidated
What do deviations allow for?
Better …..
Clearer …….
Better entries and clearer invalidations
What are crypto creds recommended setups for trading on deviation
Range bound deviations and clear S/R levels
Entry via candle close
1 - What is it?
2 - And what advantage is there?
3 - What’s relevant about time frame of structure?
1 - Wait for candle to close to trade
2 - Can back test and systematise more easily
3 - should be looking at structure setup that indicates trade on same time frame as candle close you are waiting for
Entry via fractal -
1 - what does this mean
2 - what does keep it proportional mean in this context
1 - use lower time frame structure to indicate when to enter HTF setup (crypto cred said in practice it’s hard, TraderMayne can advise)
2 - dont flip from daily time frame to 1 minute time frame fractal, only go a couple time frames down tops
For beginniners do what with entries
Keep it simple -
What can a good entry consistently be a source of
A major edge