SlideShare ist ein Scribd-Unternehmen logo
1 von 16
Trade Triggers
Emotions Can
Ruin You
Jump On Board?
Buy & Sell Pullbacks
1. Price may exhibit a pattern that I can trade to get
into the bigger move
2. If triggered, my stop has the potential to give me
less risk and therefore, I could trade a bigger position
size depending on how I calculate position sizing.
Pullback Into Zone
30 Minute Chart
CCI Zero Line Cross
Down Trend Line Break
Good - Bad
75 Pip Stop On CCI!
Good thing there was a
lower high to trade.
Trend Line Fail
HUGE Risk Profile
Traded properly, moving averages
are not too bad
www.netpicks.com

Trade Entry Triggers
 Objective
 Keep Emotions Away
 Part of your trading plan

Weitere ähnliche Inhalte

Mehr von NetpicksTrading

Mehr von NetpicksTrading (20)

Keep Trading As Simple As Possible
Keep Trading As Simple As PossibleKeep Trading As Simple As Possible
Keep Trading As Simple As Possible
 
Bollinger Bands - Here is how to trade them
Bollinger Bands - Here is how to trade themBollinger Bands - Here is how to trade them
Bollinger Bands - Here is how to trade them
 
50 DAY SIMPLE MOVING AVERAGE
50 DAY SIMPLE MOVING AVERAGE50 DAY SIMPLE MOVING AVERAGE
50 DAY SIMPLE MOVING AVERAGE
 
LEARN OUR 3 SIMPLE CRUDE OIL TRADING RULES
LEARN OUR 3 SIMPLE CRUDE OIL TRADING RULESLEARN OUR 3 SIMPLE CRUDE OIL TRADING RULES
LEARN OUR 3 SIMPLE CRUDE OIL TRADING RULES
 
Profit Targets - How To Locate Profit Taking Areas
Profit Targets - How To Locate Profit Taking AreasProfit Targets - How To Locate Profit Taking Areas
Profit Targets - How To Locate Profit Taking Areas
 
HOW TO LIVE THROUGH TRADING DRAWDOWNS
HOW TO LIVE THROUGH TRADING DRAWDOWNSHOW TO LIVE THROUGH TRADING DRAWDOWNS
HOW TO LIVE THROUGH TRADING DRAWDOWNS
 
How Many Losing Trades Will You Take?
How Many Losing Trades Will You Take?How Many Losing Trades Will You Take?
How Many Losing Trades Will You Take?
 
Stop Trading Support And Resistance The Wrong Way
Stop Trading Support And Resistance The Wrong WayStop Trading Support And Resistance The Wrong Way
Stop Trading Support And Resistance The Wrong Way
 
5 Tips for Successful E-Mini Trading
5 Tips for Successful E-Mini Trading5 Tips for Successful E-Mini Trading
5 Tips for Successful E-Mini Trading
 
Trading Business Success Tips
Trading Business Success TipsTrading Business Success Tips
Trading Business Success Tips
 
Stop Trading At This Time Of Day To Protect Your Account
Stop Trading At This Time Of Day To Protect Your AccountStop Trading At This Time Of Day To Protect Your Account
Stop Trading At This Time Of Day To Protect Your Account
 
Why You Should Learn Trading Concepts
Why You Should Learn Trading ConceptsWhy You Should Learn Trading Concepts
Why You Should Learn Trading Concepts
 
Day Trader Success Guide - 6 Step Process For Beginners
Day Trader Success Guide - 6 Step Process For BeginnersDay Trader Success Guide - 6 Step Process For Beginners
Day Trader Success Guide - 6 Step Process For Beginners
 
Keep Your Trading Simple Like The Big Players
Keep Your Trading Simple Like The Big PlayersKeep Your Trading Simple Like The Big Players
Keep Your Trading Simple Like The Big Players
 
4 Strong Reasons For Having Trading Rules
4 Strong Reasons For Having Trading Rules4 Strong Reasons For Having Trading Rules
4 Strong Reasons For Having Trading Rules
 
You Are Wasting Time Asking These Types Of Trading Questions
You Are Wasting Time Asking These Types Of Trading QuestionsYou Are Wasting Time Asking These Types Of Trading Questions
You Are Wasting Time Asking These Types Of Trading Questions
 
Avoid Choppy Markets With These 2 Indicators
Avoid Choppy Markets With These 2 IndicatorsAvoid Choppy Markets With These 2 Indicators
Avoid Choppy Markets With These 2 Indicators
 
NEVER FORGET THIS TRADING HABIT
NEVER FORGET THIS TRADING HABITNEVER FORGET THIS TRADING HABIT
NEVER FORGET THIS TRADING HABIT
 
How can fibonacci levels help your trading results
How can fibonacci levels help your trading resultsHow can fibonacci levels help your trading results
How can fibonacci levels help your trading results
 
Simple keltner channel trading strategy
Simple keltner channel trading strategySimple keltner channel trading strategy
Simple keltner channel trading strategy
 

KĂźrzlich hochgeladen

call girls in Sant Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Sant Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️call girls in Sant Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Sant Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
roshnidevijkn ( Why You Choose Us? ) Escorts
 
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
amitlee9823
 
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
dipikadinghjn ( Why You Choose Us? ) Escorts
 

KĂźrzlich hochgeladen (20)

Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
call girls in Sant Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Sant Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️call girls in Sant Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Sant Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
 
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7
(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7
(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7
 
7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options
 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
 
falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesfalcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
 
Business Principles, Tools, and Techniques in Participating in Various Types...
Business Principles, Tools, and Techniques  in Participating in Various Types...Business Principles, Tools, and Techniques  in Participating in Various Types...
Business Principles, Tools, and Techniques in Participating in Various Types...
 
Call Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance Booking
 
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdf
 
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
 
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
 
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
 
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
 
Bandra High Profile Sexy Call Girls,9833754194-Khar Road Speciality Call Girl...
Bandra High Profile Sexy Call Girls,9833754194-Khar Road Speciality Call Girl...Bandra High Profile Sexy Call Girls,9833754194-Khar Road Speciality Call Girl...
Bandra High Profile Sexy Call Girls,9833754194-Khar Road Speciality Call Girl...
 
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
 

Trade Entry is Vital to Success

Hinweis der Redaktion

  1. 00:00:00 - (duration:00:00:07) - How you get into a trade can't be guesswork. You need a trigger for higher probability entries and I am going to give you some ideas.
  2. 00:00:07 - (duration:00:00:07) - Why a trigger? Emotions can play havoc with your trading account and when you see these kinds of moves like you see
  3. 00:00:14 - (duration:00:00:16) - here, some part of the majority of us just want to jump in the market suckered in by the big candles.The fear of missing a move can be a big motivating factor to have you dump commonsense, good trade practices and have you push the buttons to get in the move.
  4. 00:00:30 - (duration:00:00:10) - A trigger is simply a signal that shows that price is turning or has turned in the direction you intend to trade. I will touch on using market structure and an indicator method of getting on board the trade.
  5. 00:00:40 - (duration:00:00:08) - I trade retracements in a trend and therefore, I need a means to get into a trade and the majority of time, I use a lower time frame for entry because:
  6. 00:00:48 - (duration:00:00:14) - 1. Price may exhibit a pattern that I can trade to get into the bigger move2. If triggered, my stop has the potential to give me less risk and therefore, I could trade a bigger position size depending on how I calculate position sizing.
  7. 00:01:02 - (duration:00:00:08) - The chart below shows a setup that I started to watch in late August and the beginning of September price dropped right into the zone I had.
  8. 00:01:10 - (duration:00:00:19) - My 30 minute chart shows a lower swing high. If taken out, there is a higher high which indicates that down move may be over. Placing a buy stop at this level gives a 40 pip protective stop position. The red arrow shows a higher swing and I would have skipped the trade is I needed that one to break.
  9. 00:01:29 - (duration:00:00:27) - Same chart with a 14 CCI. Once the CCI crosses the 0 line that is a trigger to place a buy stop 2 pips above the high of the candle that coincides with the CCI cross.Here,the trade does not trigger and the buy stop is trailed to the next high which is signified by the upper arrow. This gives a 52 pip protective stop area.We also have a structure high violation price structure indicator trigger.
  10. 00:01:56 - (duration:00:00:08) - Trend lines. You could place a buy stop order a few pips above the trend line. In this case, the stop is approx. 30 pips.
  11. 00:02:04 - (duration:00:00:04) - Each of these triggers do have their good and bad aspects.
  12. 00:02:08 - (duration:00:00:07) - If the CCI did not have a lower high after the cross, the stop would have been 75 pips!
  13. 00:02:15 - (duration:00:00:11) - Trend lines, quite often after the breaks there is a retest of the line. At times, price can pull back almost 100% which for many traders would have them exiting the trade early.
  14. 00:02:26 - (duration:00:00:14) - Market structure in the form of highs and lows may be too far away Having to gear down to a much lower time frame and forcing a tighter stop, can have you poked out of trades before they get going. This is especially true in the Forex markets.
  15. 00:02:40 - (duration:00:00:06) - Moving averages are good as long as you use short enough averages so you are not too late to the party.
  16. 00:02:46 - (duration:00:00:10) - Triggers are an objective entry method and takes emotions out of the equation and further cements an objective trading style where your rules do what they are designed to do.