Entry Strategies
Entry is when your analysis meets action. Define entry rules precisely.
Entry Types
1. Breakout Entry
Enter when price breaks a level.
Setup:
- Consolidation forms
- Price breaks high
- Enter on close above
When to use:
- Strong momentum
- Clear levels
2. Pullback Entry
Enter on pullback to support.
Setup:
- Trend established
- Price retests level
- Entry on bounce
When to use:
- Trend continuation
- Better risk/reward
3. Retest Entry
Enter on retest of breakout.
Setup:
- Breakout occurs
- Price returns to level
- Entry on retest hold
When to use:
- After false breakouts
4. Signal Entry
Enter on indicator signal.
Setup:
- RSI crosses up
- MACD crosses
- Entry on signal
When to use:
- With structure confirmed
Entry Checklist
☐ Setup identified
☐ Level marked
☐ Confirm price action
☐ Entry trigger fired
☐ Stop placed
☐ Target defined
Key Takeaways
- Define rules — Before entering
- Wait for confirmation — Don’t anticipate
- Match to strategy — Different strokes
- Always stop — Never entry without stop
Related
smc.md >>>
Enter on rules. Not emotions.