entry – Smart Forex Learning

My 6 Step Trade Entry Process Explained

11/01/201916/11/2021 sfl 1 Comment

10 min read

Last week, I tweeted what I see as my trade entry process. This was the tweet:

For every trade, I structure my process from 1 to 6. Each step isn’t possible without the previous one. Anytime, certain price action can invalidate the entire setup and make me abandon it.
1. Analysis
2. Directional bias
3. Trade plan
4. Entry filters
5. Entry criteria
6. Trade

— (@smartfxlearning) January 4, 2019

Since then, I got so many questions that I wanted to take a moment to write in more detail how I use this process to make better trading decisions.

Reversal Trading: 5 Practical Entry Strategies

30/01/201830/01/2018 sfl 2 Comments

6 min read

Am I entering too early?

Is this a good enough signal to enter this trade?

If you’ve been trading for more than a week, you’ve probably asked yourself these questions multiple times. How do you accurately determine when to enter? While things like trade management, exit strategies and discipline are also big contributing factors towards your performance, picking a good entry point will increase your chances of having a winning trade on your hands.