Entry Technique

Question 1

List Entry Technique in order

Answer 1

1. Find Structure (H1 Chart)
2. London Session (2-4am EST)
3. Draw Asian zone (8 candles)
   - –>Switch to 15m Chart
4. Fake out (25-50 pips)
5. Vector (3 candles)
6. Entry time (3-4am 3:45)
7. Confirmations (Candles, EMAs, Patterns…)

Question 2

What 3 things can happen out of Asian zone?

Answer 2

1. Fake out and move
2. Straight away
3. Double top and drop (bottom)

Question 3

What is the Star Entry?

Answer 3

A fake out with a double top/bottom out of asian

Question 4

How many PIPs does a fake out generally move?

Answer 4

25-50 for most pairs

80-100 for GBP

Question 5

How long will brokers work a fake out zone?

Answer 5

30-90 minutes

Question 6

Does the fake out / pull back have to break the Asian zone?

Answer 6

No, but it is more confirmation if it does.

Question 7

What do the Brokers use the asian zone for?

Answer 7

Trapping traders and collecting orders

Question 8

What are the brokers doing with the Fake out / Pull back?

Answer 8

Inducing break out traders to place an order then whipping the price the opposite direction. As well as hitting stop losses and pending orders

Question 9

At the bottom of a vector what is something Brokers may do and why?

How is this beneficial to us?

Answer 9

They will increase the spread to hit stop losses without the candle actually touching the price and to collect more pending orders

It gives us more confirmation

Question 10

Even if your entry isnt before a structure push how often will you win and how many PIPs?

Answer 10

85-90% of the time

20-40 PIPs