Entry / Entry Deviation Flashcards

1
Q

What to be careful of when looking for a better entry

A

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

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2
Q

What do deviations allow for?

Better …..

Clearer …….

A

Better entries and clearer invalidations

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3
Q

What are crypto creds recommended setups for trading on deviation

A

Range bound deviations and clear S/R levels

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4
Q

Entry via candle close

1 - What is it?

2 - And what advantage is there?

3 - What’s relevant about time frame of structure?

A

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

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5
Q

Entry via fractal -

1 - what does this mean

2 - what does keep it proportional mean in this context

A

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

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6
Q

For beginniners do what with entries

A

Keep it simple -

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7
Q

What can a good entry consistently be a source of

A

A major edge

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