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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:03,808 --> 00:00:07,348 Hey, guys. Welcome back to the course series. In today's 2 00:00:07,348 --> 00:00:09,828 video, we're going to be talking about entry types and 3 00:00:09,828 --> 00:00:13,108 the first one of this three-part series is the risk 4 00:00:13,108 --> 00:00:17,028 entry. This is the most basic entry style of this strategy. 5 00:00:17,028 --> 00:00:20,868 So, it's the first one we're going to go over. Um so, I've 6 00:00:20,868 --> 00:00:24,388 done a little draw I've drawn a little diagram here and also 7 00:00:24,388 --> 00:00:27,748 had some notes beside it. So, let's briefly go over that. Um 8 00:00:27,748 --> 00:00:30,108 I'm not going to make this video too long. I want it to be 9 00:00:30,108 --> 00:00:33,028 more bite-sized digestible content. It's a very simple 10 00:00:33,028 --> 00:00:36,148 strategy so we're going to make it sort of brief or as brief as 11 00:00:36,148 --> 00:00:41,188 possible. So, To explain the diagram here basically the 12 00:00:41,188 --> 00:00:44,868 criteria for entry is the same with with any of the entry 13 00:00:44,868 --> 00:00:47,748 types within this strategy. The risk entry the confirmation 14 00:00:47,748 --> 00:00:51,468 entry the only thing where it's different is supply and demand 15 00:00:51,468 --> 00:00:53,908 flip zones which we've already went over in previous videos 16 00:00:53,908 --> 00:00:57,228 right? But for the risk entry and the confirmation entry. The 17 00:00:57,228 --> 00:00:59,868 criteria is the same right? This is what's taught in the 18 00:00:59,868 --> 00:01:04,788 Ebook as well. We have a solidified low point in in a 19 00:01:04,788 --> 00:01:07,348 short scenario right? In a selling scenario. We have a 20 00:01:07,348 --> 00:01:11,608 solidified low a solidified high we have a clear break of 21 00:01:11,608 --> 00:01:15,168 structure creating imbalance very impulsively breaking 22 00:01:15,168 --> 00:01:18,568 structure right and then we have a retracement back to the 23 00:01:18,568 --> 00:01:23,128 point of origin or the POI point of interest OB order 24 00:01:23,128 --> 00:01:25,008 block there's a lot of different names you can call it 25 00:01:25,008 --> 00:01:27,528 refined supply and demand whatever you want to call it 26 00:01:27,528 --> 00:01:32,928 right we have a retracement back to our POI to mitigate 27 00:01:32,928 --> 00:01:36,728 orders and price drops off from there that's where our entry is 28 00:01:36,728 --> 00:01:41,168 okay so with the risk entry and the confirmation entry both 29 00:01:41,168 --> 00:01:45,428 both have the exact same entry criteria. It's just how we how 30 00:01:45,428 --> 00:01:49,028 we enter the trade is very different. So with the risk 31 00:01:49,028 --> 00:01:52,228 entry after the break of structure we locate our order 32 00:01:52,228 --> 00:01:56,068 block or POI. Very simple. It's usually at the top the point of 33 00:01:56,068 --> 00:02:00,028 the point of origin that cause the break of structure and we 34 00:02:00,028 --> 00:02:05,388 simply set and forget an order right? We set a limit order at 35 00:02:05,388 --> 00:02:10,068 either the open of the POI or the 50% of the POI or order 36 00:02:10,068 --> 00:02:14,428 block and the stop loss rests just above and then of course 37 00:02:14,428 --> 00:02:21,148 we target either the next order block or you know equal lows 38 00:02:21,148 --> 00:02:24,428 equal highs whatever the case may be imbalance supply and 39 00:02:24,428 --> 00:02:27,628 demand areas whatever the the target may be that's not the 40 00:02:27,628 --> 00:02:31,828 point of this but basically that's that's the risk entry 41 00:02:31,828 --> 00:02:35,148 you set a limit order and just wait and see what happens right 42 00:02:35,148 --> 00:02:40,628 so of course it has a much lower strike rate than than the 43 00:02:40,628 --> 00:02:43,168 confirmation entry example which we'll go over in the next 44 00:02:43,168 --> 00:02:47,408 video but this still has its benefits and it's you know 45 00:02:47,408 --> 00:02:49,848 there's a time and place for everything right so I still 46 00:02:49,848 --> 00:02:52,568 utilize risk entries from time to time it just depends on my 47 00:02:52,568 --> 00:02:56,608 day and so you know before I dive too much into that let's 48 00:02:56,608 --> 00:02:59,248 let's go over the benefits of risk entries that I have listed 49 00:02:59,248 --> 00:03:03,048 here so risk entries are useful if you don't have a time if you 50 00:03:03,048 --> 00:03:05,848 don't have time to sit at the charts for lower time frame 51 00:03:05,848 --> 00:03:08,208 confirmation entries right because as you know the 52 00:03:08,208 --> 00:03:10,808 confirmation entries that we utilize are typically based on 53 00:03:10,808 --> 00:03:13,788 the minute or 5 minute. I know some people like to go even 54 00:03:13,788 --> 00:03:17,508 lower than that on the second charts not me personally but 55 00:03:17,508 --> 00:03:20,428 yeah so it's useful if you don't have the time to sit on 56 00:03:20,428 --> 00:03:22,908 the charts for lower time frame confirmation entries right you 57 00:03:22,908 --> 00:03:26,148 can stick to higher time frames like the one hour for example 58 00:03:26,148 --> 00:03:30,268 and set an order set a limit order at a point of interest 59 00:03:30,268 --> 00:03:33,028 and then forget about it right as long as the the entry 60 00:03:33,028 --> 00:03:36,908 criteria is there and you've checked all the boxes then it's 61 00:03:36,908 --> 00:03:39,588 still a high probability trade there's just not as much 62 00:03:39,588 --> 00:03:44,268 confirmation as of course the confirmation entry so risk 63 00:03:44,268 --> 00:03:47,828 entries are useful if you work a job and you won't be 64 00:03:47,828 --> 00:03:51,388 available to place instant execution orders right often 65 00:03:51,388 --> 00:03:54,348 times when I'm sitting at my charts in the morning I don't 66 00:03:54,348 --> 00:03:57,188 even place limit orders sometimes I just wait for price 67 00:03:57,188 --> 00:04:01,308 to reach my point of interest create the confirmation entry 68 00:04:01,308 --> 00:04:04,708 and then I'll actually enter the order manually so instant 69 00:04:04,708 --> 00:04:08,108 execution but I know that not everybody is able to do that in 70 00:04:08,108 --> 00:04:11,628 fact most people most people don't have the time to do that 71 00:04:11,628 --> 00:04:16,688 right so risk entries are very good for that. Now another one 72 00:04:16,688 --> 00:04:19,688 is if you're not comfortable yet with lower time frames and 73 00:04:19,688 --> 00:04:22,648 you prefer to stick to higher time frames. So it took me a 74 00:04:22,648 --> 00:04:24,688 long time to actually get comfortable with like the one 75 00:04:24,688 --> 00:04:27,448 minute and five minute entries. Um I never used to be like 76 00:04:27,448 --> 00:04:29,528 that. I actually used to be more of like a swing trader 77 00:04:29,528 --> 00:04:33,368 utilizing like four hour time frames and up right? I used to 78 00:04:33,368 --> 00:04:37,608 spend a lot less time on the charts. But you know my style 79 00:04:37,608 --> 00:04:40,848 has developed more towards intra day trading. And I've 80 00:04:40,848 --> 00:04:44,428 really grown to love it. But Like I said, it takes some time 81 00:04:44,428 --> 00:04:47,788 to to get comfortable with the all the noise that's that's on 82 00:04:47,788 --> 00:04:49,988 the one minute time frame for example. There's a lot more 83 00:04:49,988 --> 00:04:54,148 candles to look at. There's a lot of there's a lot of things 84 00:04:54,148 --> 00:04:57,788 that you you think might might be valid but they actually 85 00:04:57,788 --> 00:05:00,068 aren't because it's on such a low time frame, right? There's 86 00:05:00,068 --> 00:05:02,748 a lot of noise. So, it it takes some time to get comfortable 87 00:05:02,748 --> 00:05:05,228 with that and risk entries are very beneficial if you're not 88 00:05:05,228 --> 00:05:07,108 comfortable with it yet and you just want to stick to the 89 00:05:07,108 --> 00:05:09,428 higher time frames. For example, you could utilize the 90 00:05:09,428 --> 00:05:13,128 daily, the 4 hour, and the 1 hour, maybe even the minute if 91 00:05:13,128 --> 00:05:16,248 you're comfortable with it. Um but most risk entries can be 92 00:05:16,248 --> 00:05:18,608 taken on the one hour time frame. Uh which we're going to 93 00:05:18,608 --> 00:05:22,128 go over an example on Euro USD on the one hour time frame 94 00:05:22,128 --> 00:05:25,848 shortly. Um but yeah you can stick to higher time frames. 95 00:05:25,848 --> 00:05:28,088 You don't have to go down to the five minute or one minute 96 00:05:28,088 --> 00:05:31,328 to locate confirmation entries. So if that's what makes you 97 00:05:31,328 --> 00:05:34,208 more comfortable then this might be the entry style that 98 00:05:34,208 --> 00:05:38,648 best suits you. So let's go over how to best utilize risk 99 00:05:38,648 --> 00:05:42,508 entries. Okay? And after this we're going to go over and 100 00:05:42,508 --> 00:05:46,708 chart example. So number one ensure that price is 101 00:05:46,708 --> 00:05:49,788 approaching the POI correctively rather than 102 00:05:49,788 --> 00:05:52,828 impulsively. This is number one because this is literally the 103 00:05:52,828 --> 00:05:56,268 most important factor to having high probability risk entries. 104 00:05:56,268 --> 00:06:00,468 If you want to increase your win rate with risk entries. 105 00:06:00,468 --> 00:06:03,068 It's very important that you ensure that price is 106 00:06:03,068 --> 00:06:05,148 approaching the POI correctively rather than 107 00:06:05,148 --> 00:06:12,908 impulsively. So what does that mean? That means in a short 108 00:06:12,908 --> 00:06:16,508 scenario if we were just pushing up with massive 109 00:06:16,508 --> 00:06:22,068 momentum full body huge candles that would not be safe that's 110 00:06:22,068 --> 00:06:25,388 kind of like moving in front of a you know stepping in front of 111 00:06:25,388 --> 00:06:29,428 a moving train right like you don't you don't want to do that 112 00:06:29,428 --> 00:06:31,988 there's just so much momentum there'd be so much buying 113 00:06:31,988 --> 00:06:38,108 momentum that that sorry getting a bunch of messages 114 00:06:38,108 --> 00:06:40,868 there there'd be so much buy momentum that you wouldn't 115 00:06:40,868 --> 00:06:44,108 want to step in front of that right so it's really important 116 00:06:44,108 --> 00:06:47,108 that price is approaching the POI very correctively very 117 00:06:47,108 --> 00:06:52,548 small body candles very low momentum right very 118 00:06:52,548 --> 00:06:55,508 indecisional candles because then when it mitigates this POI 119 00:06:55,508 --> 00:06:58,068 it's very likely that it's just going to drop off from that 120 00:06:58,068 --> 00:07:01,028 point and head towards your take profit so that's a very 121 00:07:01,028 --> 00:07:04,308 very important thing to remember ensure that price is 122 00:07:04,308 --> 00:07:08,008 approaching the POI correctively rather than 123 00:07:08,008 --> 00:07:12,368 impulsively, okay? If it's approaching impulsively, that's 124 00:07:12,368 --> 00:07:14,688 when it's best to utilize a confirmation entry which will 125 00:07:14,688 --> 00:07:17,048 go over the next video. You go on the one minute and five 126 00:07:17,048 --> 00:07:19,768 minutes to see if that auto block is actually going to be 127 00:07:19,768 --> 00:07:22,168 respected or if price is just going to push right through it 128 00:07:22,168 --> 00:07:26,608 and invalidate it, okay? So, number two, use less risk. Very 129 00:07:26,608 --> 00:07:30,168 simple. If you're concerned about your trades getting 130 00:07:30,168 --> 00:07:33,808 stopped out because there's no confirmation yet. Simply, you 131 00:07:33,808 --> 00:07:36,648 know, for example, if you typically risk 1% of capital, 132 00:07:36,648 --> 00:07:40,168 just simply drop that down to 0. 5%, right? Half a percent. 133 00:07:40,168 --> 00:07:43,208 It's no big deal because then if you take more losses, it's 134 00:07:43,208 --> 00:07:46,568 it's as bad right? If you're if you have a losing streak of 1% 135 00:07:46,568 --> 00:07:50,968 that can add up. Um if you're only utilizing 0. 5% of your 136 00:07:50,968 --> 00:07:55,208 capital you know a losing streak is just much less 137 00:07:55,208 --> 00:07:59,208 impactful on your overall capital right? So these are 138 00:07:59,208 --> 00:08:01,448 just little things that can that can improve the risk 139 00:08:01,448 --> 00:08:05,928 entries. So number three one of my favourites. Set the entry 140 00:08:05,928 --> 00:08:10,368 for 50% of the order block slash POI to achieve better 141 00:08:10,368 --> 00:08:17,928 risk reward ratio. So basically you. Instead of setting your 142 00:08:17,928 --> 00:08:22,248 entry for the the open of the POI right in this scenario that 143 00:08:22,248 --> 00:08:25,248 bottom of the rectangle tool would be the open of the the 144 00:08:25,248 --> 00:08:29,248 order block slash POI and the entry is set for there right so 145 00:08:29,248 --> 00:08:33,528 instead of doing that you could simply drag the Fibonacci tool 146 00:08:33,528 --> 00:08:36,528 across the POI it's going to be hard to see there so I'm 147 00:08:36,528 --> 00:08:39,328 actually just going to do it away from it you drag your 148 00:08:39,328 --> 00:08:43,448 Fibonacci tool across the whole order block slash POI and then 149 00:08:43,448 --> 00:08:48,908 you simply set your entry parameter for the 50% the 150 00:08:48,908 --> 00:08:55,108 equilibrium right and then stop loss just above let's just 151 00:08:55,108 --> 00:09:00,628 arbitrarily put the target somewhere 5% let's say right so 152 00:09:00,628 --> 00:09:04,028 let's say you've got a a potential 5 R trade here right 153 00:09:04,028 --> 00:09:07,468 if you were to target the open of the order block that risk 154 00:09:07,468 --> 00:09:12,708 reward ratio drops to less than 2 1/ 2% right so it's it's very 155 00:09:12,708 --> 00:09:15,708 drastic it's a very drastic difference when you just target 156 00:09:15,708 --> 00:09:21,108 50% your risk reward ratio increases insanely like that's 157 00:09:21,108 --> 00:09:25,968 more than double right so it's a big deal I basically only 158 00:09:25,968 --> 00:09:30,368 target the 50% unless it's like such a refined like one minute 159 00:09:30,368 --> 00:09:34,768 order block that you know the the stop loss amount of pips 160 00:09:34,768 --> 00:09:37,528 would be like you know just like one 1/ 2 to two pips then 161 00:09:37,528 --> 00:09:41,248 I then I would target the the open of the candle right but if 162 00:09:41,248 --> 00:09:43,568 we're talking about an actual like higher time frame point of 163 00:09:43,568 --> 00:09:46,808 interest that you're targeting for risk entries go for the 50% 164 00:09:46,808 --> 00:09:50,768 gives you a way better risk reward ratio you just have you 165 00:09:50,768 --> 00:09:54,248 have much better odds like that 166 00:09:55,228 --> 00:09:58,968 and number four on the list the last thing I have listed here 167 00:09:58,968 --> 00:10:03,808 manage the trade aggressively okay this means a few different 168 00:10:03,808 --> 00:10:08,128 things one one of the examples I put here move your stop loss 169 00:10:08,128 --> 00:10:11,328 to break even like as soon as possible so let's say you 170 00:10:11,328 --> 00:10:15,848 achieve a 1 to one risk reward ratio right which means you've 171 00:10:15,848 --> 00:10:21,168 basically covered your your initial risk. Maybe at that 172 00:10:21,168 --> 00:10:23,768 point, you can move your stop loss to break even so it's a 173 00:10:23,768 --> 00:10:27,048 risk-free trade, right? Be aggressive with it or maybe 174 00:10:27,048 --> 00:10:30,488 once you reach two R, right? You've achieved two times your 175 00:10:30,488 --> 00:10:36,208 risk then move your stop loss to break even and then secure 176 00:10:36,208 --> 00:10:40,048 partial profits okay because if you do that let's say once you 177 00:10:40,048 --> 00:10:43,928 achieve two R you remove 50% of your position well then you've 178 00:10:43,928 --> 00:10:47,808 actually already banked what you initially risked for the 179 00:10:47,808 --> 00:10:51,208 position right so you've profited that much guaranteed 180 00:10:51,208 --> 00:10:55,648 and then moved stop loss to break even so now if price 181 00:10:55,648 --> 00:10:59,288 decides to reverse on you and trigger your stop loss to break 182 00:10:59,288 --> 00:11:02,888 even you not only didn't lose your capital but you actually 183 00:11:02,888 --> 00:11:07,288 walked away with let's say if you're risking 1000 sorry 1% on 184 00:11:07,288 --> 00:11:10,808 100K account you've already banked $1, 000, which was your 185 00:11:10,808 --> 00:11:15,208 initial risk and then it just takes you out for no loss right 186 00:11:15,208 --> 00:11:18,288 so it's it ends up being a win a very small win but better 187 00:11:18,288 --> 00:11:22,208 than a loss right so that's very important secure partial 188 00:11:22,208 --> 00:11:26,168 profits put your stop loss to break even and then as the 189 00:11:26,168 --> 00:11:29,448 trade progresses you can trail your stop loss right so as 190 00:11:29,448 --> 00:11:33,408 price makes new structural highs and lows you can move 191 00:11:33,408 --> 00:11:37,608 your stop loss above each structure point okay because if 192 00:11:37,608 --> 00:11:41,588 our order block concept remains valid then price Shouldn't be 193 00:11:41,588 --> 00:11:44,468 breaking above these levels, right? It shouldn't be going 194 00:11:44,468 --> 00:11:47,108 above those levels. So, it's a safe place to put your stop 195 00:11:47,108 --> 00:11:52,068 loss because if we're going to continue order flow, it should 196 00:11:52,068 --> 00:11:57,788 mitigate a POI here, drop off, come back up, mitigate a POI 197 00:11:57,788 --> 00:12:01,668 here, drop off, come back up, etcetera, etcetera, etcetera. 198 00:12:01,668 --> 00:12:05,228 So, you can continuously move your stop loss just above these 199 00:12:05,228 --> 00:12:08,228 these areas, right? So, that's trailing your stop loss and 200 00:12:08,228 --> 00:12:12,368 then eventually, when order flow chain you get you get 201 00:12:12,368 --> 00:12:15,168 triggered out and your stop loss gets hit but you walk away 202 00:12:15,168 --> 00:12:18,488 with significant profit okay so these are all things that can 203 00:12:18,488 --> 00:12:24,168 make the risk entry much more favorable for you if you truly 204 00:12:24,168 --> 00:12:27,248 can't utilize the confirmation entries right like I know a lot 205 00:12:27,248 --> 00:12:31,328 of people can't so gotta go over this right it makes a lot 206 00:12:31,328 --> 00:12:33,808 of sense for people who who can't be at the charts all day 207 00:12:33,808 --> 00:12:36,648 or who have very little time to spend on the charts in life in 208 00:12:36,648 --> 00:12:42,048 general the risk entry can be very well I've used it in the 209 00:12:42,048 --> 00:12:47,008 past very well so I continue to just depends on my day like if 210 00:12:47,008 --> 00:12:50,928 I have a lot of meetings and stuff I will certainly utilize 211 00:12:50,928 --> 00:12:53,568 a risk entry so now that we've gone over that I don't want to 212 00:12:53,568 --> 00:12:58,648 drag it on too long so let's head down here this is Euro USD 213 00:12:58,648 --> 00:13:01,048 and we're currently on the one hour time frame okay so we're 214 00:13:01,048 --> 00:13:04,648 going to look at a real chart example here so as you can see 215 00:13:04,648 --> 00:13:07,288 clear bearish order flow right we have continuous breaks of 216 00:13:07,288 --> 00:13:10,988 structure to the downside lots of imbalance being created in 217 00:13:10,988 --> 00:13:15,268 these very impulsive bearish moves okay clear bearish order 218 00:13:15,268 --> 00:13:19,508 flow so in most recent price action we have another clear 219 00:13:19,508 --> 00:13:23,028 break of structure right price created a double bottom here 220 00:13:23,028 --> 00:13:26,108 which adds you know resting liquidity here these are equal 221 00:13:26,108 --> 00:13:29,948 lows we trade back up a little higher and then impulsively 222 00:13:29,948 --> 00:13:32,548 break through it so of course I label that as a break of 223 00:13:32,548 --> 00:13:36,148 structure now where is the order block here well it's the 224 00:13:36,148 --> 00:13:38,508 point of origin for the break of structure right so what 225 00:13:38,508 --> 00:13:42,608 happened right before this huge bearish move can identify that 226 00:13:42,608 --> 00:13:47,288 this little indecisional pinbar candle was the point of origin 227 00:13:47,288 --> 00:13:51,528 for that break of structure okay so for just utilizing the 228 00:13:51,528 --> 00:13:56,128 risk entry here it's very simple we can set the short 229 00:13:56,128 --> 00:14:01,288 position parameters at either the open of the order block 230 00:14:01,288 --> 00:14:04,448 which is right at the bottom there or sorry not the open but 231 00:14:04,448 --> 00:14:07,568 the low of the order block right so we set our entry at 232 00:14:07,568 --> 00:14:11,208 the low again you can set it at the 50% as well for this 233 00:14:11,208 --> 00:14:14,908 example I'm just going to go ahead and set it right here 234 00:14:14,908 --> 00:14:19,588 it's a very small candle anyways stop loss just above 235 00:14:19,588 --> 00:14:24,268 you know what let's just make it ten pips just to be nice and 236 00:14:24,268 --> 00:14:28,988 even and if we zoom out a little bit I've already marked 237 00:14:28,988 --> 00:14:32,268 the line down here because we have a daily low okay so in 238 00:14:32,268 --> 00:14:36,428 this scenario I'm not targeting the nearest order block or 239 00:14:36,428 --> 00:14:39,228 nearest zone of imbalance or anything like that I'm simply 240 00:14:39,228 --> 00:14:42,708 targeting equal lows because I believe that price has enough 241 00:14:42,708 --> 00:14:45,788 bearish momentum and healthy order flow to reach that level 242 00:14:45,788 --> 00:14:49,068 okay so here's the daily low here we have a ten pip stop 243 00:14:49,068 --> 00:14:52,548 loss let's drag our profit zone all the way down to that daily 244 00:14:52,548 --> 00:14:54,748 low 245 00:14:55,388 --> 00:15:02,448 which leaves us at 9. 43 Rokay that's pretty significant very 246 00:15:02,448 --> 00:15:04,608 healthy now you could technically you could shrink 247 00:15:04,608 --> 00:15:12,088 the stop loss even more 8. 5 you know even even eight pips 248 00:15:12,088 --> 00:15:17,488 if our analysis is valid then price should not trade above 249 00:15:17,488 --> 00:15:19,848 this level if it does then we're entering bullish order 250 00:15:19,848 --> 00:15:22,448 flow right so we don't want to see that so technically we 251 00:15:22,448 --> 00:15:26,628 could place our stop loss just above at eight pips But I'm 252 00:15:26,628 --> 00:15:30,808 going to go ahead and keep it at ten. It's just an example. 253 00:15:30,808 --> 00:15:35,968 It doesn't really matter. So let's see if this trade gets 254 00:15:35,968 --> 00:15:40,208 triggered and how it performs. 255 00:15:42,728 --> 00:15:47,108 Okay we're retracing. And there we go. Okay. That happened 256 00:15:47,108 --> 00:15:52,028 really quickly. It was just a wick entry. So price tapped in. 257 00:15:52,028 --> 00:15:54,708 And it actually did tap into the 50percent. So we we 258 00:15:54,708 --> 00:15:57,228 certainly could have targeted the 50percent and increased our 259 00:15:57,228 --> 00:16:00,108 risk reward ratio drastically. But again this is just an 260 00:16:00,108 --> 00:16:02,948 example. I just decided to go for the open. Doesn't really 261 00:16:02,948 --> 00:16:08,548 matter. Um still wonderful risk reward ratio overall. Now let's 262 00:16:08,548 --> 00:16:11,988 play it out. See how it goes. 263 00:16:17,928 --> 00:16:21,468 Consolidating but we're still triggered in. There we go. So 264 00:16:21,468 --> 00:16:26,468 as soon as that happens we have another clear break of 265 00:16:26,468 --> 00:16:28,868 structure. 266 00:16:30,928 --> 00:16:36,628 Right clear break of structure solidified low lower high clear 267 00:16:36,628 --> 00:16:40,628 break of structure creating a new lower low let's continue to 268 00:16:40,628 --> 00:16:44,428 play price forward happens again new break of structure 269 00:16:44,428 --> 00:16:47,428 huge momentum to the downside and of course it hits the take 270 00:16:47,428 --> 00:16:54,788 profit eventually so as you can see the analysis and the the 271 00:16:54,788 --> 00:16:57,748 entry parameters everything was executed on the one hour time 272 00:16:57,748 --> 00:17:00,148 frame didn't have to drop down to the five minute or the one 273 00:17:00,148 --> 00:17:04,188 minute of course I had a a level here to target which was 274 00:17:04,188 --> 00:17:06,308 from the daily time frame of course so that is top down 275 00:17:06,308 --> 00:17:09,588 analysis daily to four hour to one hour, but the point of the 276 00:17:09,588 --> 00:17:11,908 risk entry is that you don't have to go to the very low time 277 00:17:11,908 --> 00:17:14,068 frames you can stick to the higher time frames and maybe 278 00:17:14,068 --> 00:17:17,588 use the 1 hour or 15-minute as your entry time frame rather 279 00:17:17,588 --> 00:17:23,628 than the 5minute or one minute okay so the only thing we 280 00:17:23,628 --> 00:17:28,028 didn't utilize here was setting the entry for 50% of the order 281 00:17:28,028 --> 00:17:31,948 block which we could have but just for the example I didn't 282 00:17:31,948 --> 00:17:34,988 now we manage the trade aggressively too. Again this is 283 00:17:34,988 --> 00:17:37,188 just an example so I didn't really go through management 284 00:17:37,188 --> 00:17:40,548 techniques. Um but for example as soon as price broke 285 00:17:40,548 --> 00:17:44,908 structure here you could have moved your stop loss not even 286 00:17:44,908 --> 00:17:47,188 just to break even but you could have moved your stop loss 287 00:17:47,188 --> 00:17:51,388 above the recent high okay right here to lock in profits. 288 00:17:51,388 --> 00:17:54,948 Right? So then if price decides to reverse from here for some 289 00:17:54,948 --> 00:17:58,068 for some reason you'd be tapped out of the trade but you'd be 290 00:17:58,068 --> 00:18:01,628 left with profit and you know especially more importantly not 291 00:18:01,628 --> 00:18:04,608 a loss right? You'd be left with profit. So that's a big 292 00:18:04,608 --> 00:18:08,288 deal and then you know in this in this specific scenario price 293 00:18:08,288 --> 00:18:11,408 took off really quickly to the downsides there wasn't much 294 00:18:11,408 --> 00:18:15,608 structure created to manage the trade further but you certainly 295 00:18:15,608 --> 00:18:18,248 could've protected yourself by putting your stop loss here 296 00:18:18,248 --> 00:18:21,368 which means it's impossible to take a loss at that point okay 297 00:18:21,368 --> 00:18:25,008 so this was just a brief rundown of the the risk entry I 298 00:18:25,008 --> 00:18:27,448 don't want to elaborate too much on it because it's 299 00:18:27,448 --> 00:18:30,488 actually pretty straight forward you literally set an 300 00:18:30,488 --> 00:18:33,688 order set your stop loss just above the order block we all 301 00:18:33,688 --> 00:18:36,168 know what order blocks are we've gone over them it's in 302 00:18:36,168 --> 00:18:39,988 the Ebook as well you ever need that for reference it's very 303 00:18:39,988 --> 00:18:45,748 simple now again this entry type has a much lower win rate 304 00:18:45,748 --> 00:18:49,228 then the confirmation entry for example but it also depends on 305 00:18:49,228 --> 00:18:52,308 the trader because some traders get confused by the lower time 306 00:18:52,308 --> 00:18:55,468 frames which means they could have a lower win rate using the 307 00:18:55,468 --> 00:18:58,588 confirmation entry if the one minute time frame confuses the 308 00:18:58,588 --> 00:19:01,908 hell out of you then the confirmation entry might not 309 00:19:01,908 --> 00:19:04,788 work out for you very well right if you're comfortable 310 00:19:04,788 --> 00:19:08,788 with the low time frames the 1 minute 5 minute then you can 311 00:19:08,788 --> 00:19:11,348 really utilize confirmation entries to get a very high win 312 00:19:11,348 --> 00:19:14,068 rate but if you're not comfortable then risk entries 313 00:19:14,068 --> 00:19:18,028 are the way to go and as long as you utilize these tips here 314 00:19:18,028 --> 00:19:23,548 you can really have a a highly probable strategy right and 315 00:19:23,548 --> 00:19:26,748 again the entry criteria is the same it's just simply how we 316 00:19:26,748 --> 00:19:30,588 structure the trade that is different okay so that was that 317 00:19:30,588 --> 00:19:33,228 was the risk entry stay tuned for the next video on 318 00:19:33,228 --> 00:19:36,228 confirmation entries 29790

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