To use chat, please login.
Back to contacts

I can't find a good entry point!

Avalan (Sarchi1)
May 05 2020 at 13:34
3 posts
Hi
So I have this strategy if you can call it now but I can't find good entry point I know the price will hit the target but sometime it take too long and when I get the signal it just doesn't tell when?
Is any real time analyse that work somehow combined with other tool?
thanks
Avalan (Sarchi1)
May 05 2020 at 13:39
3 posts
lyoshatin
May 08 2020 at 13:46
17 posts
Hello, write to me, I will help you some time)
Avalan (Sarchi1)
May 08 2020 at 18:36
3 posts
hi yes tell me more about time analysis thanks
FundsProManager (TraderProHungary)
May 08 2020 at 21:25
83 posts
Sarchi1 posted:
Hi
So I have this strategy if you can call it now but I can't find good entry point I know the price will hit the target but sometime it take too long and when I get the signal it just doesn't tell when?
Is any real time analyse that work somehow combined with other tool?
thanks

Can you explain more about what you mean by you can't find and entry point? If you have a strategy you should have a good entry point and exit
malcolm britton (trades4freedom)
May 14 2020 at 09:07
2 posts
Sarchi1 posted:
Hi
So I have this strategy if you can call it now but I can't find good entry point I know the price will hit the target but sometime it take too long and when I get the signal it just doesn't tell when?
Is any real time analyse that work somehow combined with other tool?
thanks

Try learning volume spread analysis. In trends smart money always test ( looking for buy interest in down trends or sell interest in up trends). There are bar / volume relationships that show this.
Kazile
May 19 2020 at 07:39
119 posts
You can see how professionals do it, and learn
Tuxedo888
May 22 2020 at 16:24
66 posts
It would be difficult for me to trade without an agreed entry level .

The strategy i trade has entry levels where i average into my trade, a predefined exit target ,and of course a stop.
marco_mmbiz
May 23 2020 at 13:28
368 posts
You mean good entry points for an EA or manual trading on your own?
If manually just watch some videos about how to find and trade huge trends and support/resistance zones. This could make your entry points more accurate while trading. Here are some pretty good videos you should watch: https://www.youtube.com/channel/UCt2MI2-rcd1f9qlw8LsSIFw/videos But keep in mind that those videos are just technical stuff not fundamental. During this crisis (which can stay until next year) also fundamentals are coming in very hard from time to time. Small news = big jumps = high volatility. Just keep that in mind while trying to get better on technicals at the moment.
And yeah, if you know how to setup an EA, this manual trading knowledge might also help a lot.
patience is the key
FundsProManager (TraderProHungary)
May 23 2020 at 19:22
83 posts
Have or develop a trading style and you will never have problem finding entry points
Tuxedo888
May 24 2020 at 07:34
66 posts
The strategy i trade always has predefined entry levels to average into, Pattern recognition on the charts is key for me.

Before i use an indicator.

only trade SP500

LeviSievwright5
Aug 18 2020 at 00:07
298 posts
I don't know what strategy you use but I would say you use sentimental analysis. How to make a profit if you can't suffer market sentiment. I have used many strategies but in the end, I like this strategy a lot. If your analysis is not good at trading, then it is not possible to make a profit. If you want to make a profit, your analysis will be good. And trading needs to be done patiently.
Mikedevid
Oct 08 2020 at 10:40
3 posts
That would be determined by your particular style and strategy of trading. You can use trendlines to find out support and resistance levels. Even candlestick patterns are a good indicator to show an entry point.
Xiaoming (XiaomingCN)
Oct 13 2020 at 14:04
13 posts
This problem is not limited to you. A huge number of traders cannot properly recognize the entry and exit points. You need to develop your own system that will help you.
marktaylor
Oct 14 2020 at 04:41
21 posts
Your plans and strategy will play a key role in this. You can keep looking at other patterns and then form a strategy. It will be good for you if you stick to your plan and work according to it. Good luck.
Russel Gutierrez (russellgutierrez)
Oct 14 2020 at 11:11
56 posts
I trust candlestick patterns for more precision.
SA Ahmed (sakib2k9)
Oct 15 2020 at 14:46
16 posts
long term swing trader doesn't think about it.just follow the trend.......if you are long term trader you may have to wait for entry 1-3 month or more.but if you are a day trader you may develop your system so simple that loss doesn't affect your main balance fully.
stevenflam
Nov 09 2020 at 10:10
24 posts
So far, I have used price action strategy and it worked well. Later, I was swing trading, and it also worked for me. I have seen people suggesting to stick to a single strategy. How do I know which strategy works best for me?
Rassellkarl
Nov 09 2020 at 12:39
36 posts
It is up to your trading style and strategy that you are using. While building your strategy, do consider what your ultimate trading goal is.
Jakemark
Nov 12 2020 at 04:57
37 posts
Your strategy is the most important thing in your trade so keep working on perfecting it. If a particular strategy does not seem to work for you, keep trying different ones. You can also try them on a demo first.
Please login to comment .