Simple Forex Entry Strategy for Day Trading Market Manipulation
The 'Confirmation Entry'
The ‘Confirmation Entry‘ has been the dominant entry style we’ve used over the last decade. This entry truly has stood the test of time!
The key to anything being able to stand the test of time is simplicity. If something isn’t simple, it isn’t repeatable; if it isn’t repeatable it won’t be profitable.
With that in mind, the Confirmation Entry is comprised of 2 main factors:
The Stop Run:
1.) Break a manipulation point by 3 pips, or more.
The Confirmation Candle:
1.) Close above/below the body of the previous candle. A long setup would be closing ABOVE the body of the previous candle, and a short trade setup would be closing BELOW the body of the previous candle.
2.) Measure the entire spread of the candle and it must close in the upper 1/3rd for a long or the lower 1/3rd for a short.
This will make a lot more sense once you’ve watched the video 🙂
-Sterling
P.S – If you guys have any questions, feel free to shoot me an email here.
You need to post more! LOVE IT!
Haha, I agree 🙂 I’ve been working on the 2nd edition of the bank trading course. I’ve pretty much wrapped that up so I’ll likely start doing more free content for you guys.
cannot wait for these new videos!!! most honest trader in the business
You’re giving away the gold Bro. Nice work as always!
Thanks bro, glad you liked it! See you in the room.