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Tell us where money is 6.4 and we learn how to enter after the term conservative the K there is more
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to it than the aggressive method for entry and will cover and how to use a market order limit or stop
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order to enter into traits that go over the market order first.
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What we're looking for is to close the candle.
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What kind of Kanno is usually along with Kanda OK.
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So we're entering on that sir.
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Let's take this one for example.
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Pay attention to the ratio of the work and the body of the candle.
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Right.
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And you want to enter on a condo that looks like this which has a long way compared to its body.
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And in this example I would have entered at the close of this candle.
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This red Barish candle when the candle closes that's where I will hit enter it with my stop loss above
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the high here which I would have gotten stopped out of.
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All right.
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Number three if you're entering after the turn you're assuming that the market has turned.
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There's no need for you to place your stock goes above the lowest level barrier.
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That makes sense then if you don't know when the market will turn.
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Of course you have to put a stop loss on the safe side.
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But if you wait after the market has turn then you don't need to put a stop loss above this point above
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the high of the candle would do.
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Right.
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We got stopped up and within two candles it form another trigger along with candle Garci see that another
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short entry and the close of this candle stopped us a few pips Abbas OK symbol see another example.
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Let's take a look at this one here.
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This area here
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is to the eye wall right over here.
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OK downtrend prices ranging trying to sell the top of the Ranger.
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You see the range
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now even before this happened somewhere around about highs here changed to black.
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OK we're assuming this hasn't happened yet.
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Right.
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Up move
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to the bottom range is right about here.
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So as we're approaching the top of the range we're trying to spot the Candler right.
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That could trigger us that the market is indeed about to turn.
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And when did the scandal happen.
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Right.
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We hear is the candle and the big long way there is Kendall with a week that's longer than his body
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as you get more experience into trading.
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You may even pull the trigger.
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If the work is not as long as your instincts will finally kick in and you could feel the market because
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this is on the H for if you're looking on a different timeframe you may actually see a big bullish Candlewood
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big body followed by a big red candle which tells the same story as this along with candle.
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Right.
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So this is the trigger this candle close entry right.
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Much to turn symbols that you enter on the candle close which is topless above the high this week which
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coincides or so in this case with the high of the rectangle
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right that's how you would answer
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conservatively on the turn of the market with the market or next we'll go over and how to use a limit
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order for or limit order entries.
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I like to wait for the pullback on a true support or resistance level.
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Right.
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If you remember what they are.
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Just a quick recap here.
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What I mean by that
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down move fake out price down to the upside was through a demand our support level right over here game
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limit entry to get me to a tree lot of times price would meet a pullback before heading
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G.
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Let's see them on the charts.
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We'll use the same previous examples here.
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This is when I go down to the lower timeframes.
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Okay.
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The H1 because you can't really see the true support or resistance level here.
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So basically as opposed to entering on a market order when they conduct those we want to wait for price
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to go into our favor and wait for a pullback to happen.
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That's what it means basically to enter all of them in order on the pullback after the turn right is
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just turn
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that C on the H1
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okay when you guys spot the true support or resistance level
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right there should we wait for price to go down in our favor.
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Sympathies.
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Limit order here.
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On this black line that stop us above the high.
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So simple as that.
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A lot of times price would come back to retest this level.
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All right let's see the other example.
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So let's mark this just turn right the system on the turn eventually the final one.
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So this is the pros and cons of using a limit order as opposed to a market order in a move like this
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that happens price did not really mean a pullback correct.
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The same thing here for the second one here mean a slight pullback we had to H-1 by the way
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price never came back up to retest our true support or resistance level.
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So you probably missed out if you're waiting for a pullback on the moves like this you would have gone
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in with the market all of them in order for example and see just turn right here you could already see
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with that with the H1 that the market made a pullback.
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Right.
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Come back a second time even so the turn is right over here with a price to go in our favor.
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You just said I mean what are you here.
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Stop Loss above the high you guys.
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Next go jump into our stockholders cave and I'll discuss on how to enter with a stop order.
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Let's say we have the same scenario here playing out and throwing in a stop order simply means using
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a buy stock order above the highs.
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This is the higher the pivot you would simply place a by stop order of your pips above the high right.
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That's one.
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The other one is if you see a pattern where you can break a trend line on.
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You may also enter buy stock right over here.
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Stop-Loss has to be point and that's the same example again.
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In this case here remember the aggressive orders we have place limit orders on the rectangle or even
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in it.
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The second option which is to enter on the market you have gone in somewhere around here on the H for
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at the close of this condo and last of all the stock order.
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So where exactly are we going to enter
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right over here below the break of this pivot.
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Right.
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Stop Loss above the highs.
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I'm not a big fan of this method because most cases I was able to have to be white OK.
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Why am I choosing this pivot here.
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Number guys in a uptrend and price is starting to shift it's time to turn the definition of a downtrend
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so low or low and the higher low gain
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the break of this first pivot marks the start of this new downtrend of the term.
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The thing is you may also use a trend line break from the entry which you have gone in about the same
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level.
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In this case here right about here this is Tuesday.
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You may have gotten earlier right about here.
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So basically we're waiting for price to go in no way and we're joining the momentum as it goes for Adam.
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Same thing here in this case the pivot is not quite clear.
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So we used to try non-big auction
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to see how late you have answered Stop Loss of buffer just less than a one to one move.
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The second one however dry like this and turn the breaker or the break of this low.
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OK so that March the end of this model on how you can answer after the turn conservatively.
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