Fix Your Trade Entries — Step-by-Step Guide & Transcript

[00:02] to it. You entered the trade. Your stop loss got hit >> and price turns around and went exactly where you said it would go. You were right, but you still lost money on that trade.

[00:14] This is an entry problem and in the next [music] 17 minutes, I'm going to show you the exact system I used to fix it. So, your stop loss is tight, your entry >> and you stop getting hunted out of the trades you already called correctly.

[00:30] For a lot of traders, this [music] is the only thing they need to fix to start taking profitable trades. Many have even spent thousands of dollars on courses and mentorship and have never learned this. Today, you are going to learn it

[00:44] The only thing you need to do is click that like button and let me know in the comments other areas [music] you have problem with trading and I'll address it in the next video. The first step to start fixing your

[00:57] [music] of interest. When taking a long position, your point of interest is at a discount zone. When taking a [music] short position, your point of interest is at a premium zone. So, what is this

[01:12] premium and discount zone? I will start by illustrating this before we get to the real [music] charts. So, this is an uptrend.

[01:30] and take it from this point to this point, this is what we're going to have. Okay? This green section this green portion is my discount zone and this

[01:46] gray section is my premium zone. I only want to buy in this [music] For a downtrend, the opposite is the case. [music]

[02:02] green section in this case and the discount zone is the gray section. a downtrend, I only want to sell in the [music] premium zone. Just know that the green parts is where you want to take an

[02:16] entry for short positions here, for long positions Now, another you can use to draw this is the Fibonacci retracement tool. If I take it from the bottom again to here,

[02:30] from the bottom again to here, the 50 0.5% mark is the midway and below it [music] is the discount zone. Above is premium. The same thing goes for a downtrend. Above it is the premium zone where you want to sell and below it is

[02:45] the discount zone. Now, in the areas where we want to buy or sell, we have to identify points of interest. There are three types of point >> [music] >> We have the golden zone, the order block

[03:00] and the supply or demand zone. In an uptrend, it is a down candle, this black candle or red candle depending on how your chart looks. It is down candle before the up candle that has a fair value gap and led to a

[03:16] See what [music] I mean. If I draw this out, this is the from this green candle, this is top of this green candle. This is the bottom of the next candle. Between it, we have a fair value gap.

[03:31] This is what we call a fair value gap. Okay? So, we have the black candle the green candle that has a fair value gap and possibly led to a break [music]

[03:44] of structure somewhere here. This is the order block. And for the order block, if you it out, it is expected that when price retraces to that point, it pulls away.

[03:58] Now, [music] for a demand zone, it is now this candle, this green candle before the candle that has the fair value gap that led to break of structure. So, in this case, we're going to mark out the green candle as our

[04:13] When it is above in a downtrend, we call it a supply zone, but when it's below, we call it the demand zone. So, it is also expected that when price comes down to this zone, it just moves away from here. So, even

[04:26] in this same candle, I can also mark out the demand zone as this. This is the demand zone in here. So, the golden zone is a Fibonacci retracement level. This is where institutions [music]

[04:40] usually buy. So, if I take if I draw this Fibonacci tool from the bottom to the top, the golden zone is the level between 0.62 [music] and 0.79. So, if I take this out and draw it again from this region,

[04:55] all the way here, I'm going to label it label it out this now, So, again, it's expected that when price, of course, comes to this region of the golden zone, price pulls away. So, these are the points of interest. I

[05:10] the order block. I just concentrate on zone. Now, on the real chart, let's look at this. I will just mark out some region. So, if you look at this, over here,

[05:24] we have a break of structure [music] in this region. So, if I put my in this region. So, if I put my Fibonacci from this top to this bottom here, the golden zone is here.

[05:36] And within this golden zone, we can actually also identify the order block. [music] You can see this um this green candle. Now, this green candle, this green candle before this move, this

[05:49] this a fair value gap is the order block, this one. the fair value gap, this one is our

[06:02] Now, let's look at another one. So, if you look at this one over here, we have this movement upwards and we have our first break of structure in Like this. Okay? So, if you draw our Fibonacci right from

[06:20] this bottom we have here all the way to this top. Okay? You can see that the whole of this region is our golden zone. And we can also identify some other

[06:34] things. So, let's identify we have a demand zone So, let's identify we have a demand zone here. We also have another demand zone here.

[06:52] well, we can actually identify an order block around here. you just identifying two of them is okay. You don't need to identify all of them. The order block and the Fibonacci golden zone is just fine. That is the

[07:05] only thing I use in taking my trade. So, this is showing us one, our point of interest. This is a point of interest [music] had a break of structure here. This is also a point of interest.

[07:19] This one and this [music] one here too is a point creators stop teaching. [music] They just say, "Take a trade here." So, if I'm using only the order block, am I get stopped out? Because, [music] you know,

[07:35] going the way I wanted it to go. The same thing here, where which order block should it use? If you use this one, you miss the trade. If you use this one, yes, you won't be stopped out, but

[07:48] you could be stopped out. Now, before we go specifically to on how to actually enter this trade safely, let us put together what we have learned so far. So, when price is trending upwards, what you want to do

[08:02] is to draw the discount zone and the premium zone. >> you want to mark out the golden zone and the demand zone.

[08:14] the demand zone. So, when price is trending downwards, draw the discount and the premium zone. Within the premium zone, mark out the golden zone and the supply zone. This is where you look for entries to go short.

[08:28] where you look for entries to go short. So, how do you take these entries? This is a section that you have to pay attention to. This is what will change your trading. Most trading concepts you see will show you these zones, but they

[08:44] will not tell you exactly how to take this trade. Now, I'll show you that in this video and the trade I am currently in right [music] now. Now, the simple answer on when to enter is to wait for change of character in the lower time

[08:58] frame. So, this is the concept. So, in an So, this is the concept. So, in an opening market, price does this. to start trending downwards, it does this.

[09:12] making [music] break of structure to the upside. upside. Now, immediately we start making break

[09:24] of structure to the downside. That first break of structure to the downside is called the change of character. This confirms that price is ready to start confirms that price is ready to start moving lower this week.

[09:41] time frame, price is actually doing this. And when it does this, you can see that it did a break of

[09:53] structure here. It did a change of character here. This is the exact point that the price has confirmed that it is ready to go up, and this is when you take this trade to the upside. So, if you look at this

[10:08] example that we have here, okay? >> [music] >> we are meant to take this trade. So, I'm going to use the the replay tool

[10:22] to make it make sense. So far, we have been on the 4-hour time frame. Now, I'm going to go to the 5-minute time frame. on the 4-hour time frame.

[10:34] So, price is turning downwards. [music] This is going to be my target. My target is going to be below this line. Okay? So, now, back to the 5-minute time So, when price has gotten to my golden zone, okay? Or my demand or my demand or

[10:49] supply zone, what I'm going to start looking for is simply a change of character. So, we've been watching price do this. It has never changed character It has never changed character. It kept going. Okay? It did something here, went

[11:04] up. This is the point where we have a change of character. Even if you are change of character because this this is significant, okay? If you take this as a as a change of character, this is the point where you enter this trade. If you

[11:18] If you feel this is not strong enough, but it's strong enough, you want to enter this trade at this point. So, the thing you do is simply take your your short position to enter at that point. Stop loss above, and where do you

[11:32] point. Stop loss above, and where do you do take profit? So this is giving a 4.72. So whatever you put in this trade, you are getting

[11:44] you put in this trade, you are getting 4.72 times that [music] um price. So you can see that this is a confirmation that you need to take this trade. If you play this, you already know what happened. I'm taking this to a

[11:59] >> [music] >> 1-hour time frame. >> [music] >> we marked out earlier. That is the trade

[12:11] from this point, okay? So I'm going to take it back again. out two zones, this zone and this particular zone. So you only start

[12:24] particular zone. So you only start looking for entries [music] when you the demand zone or supply zone, whichever one comes first. So from this point, we can now go down to our 5-minutes time frame. You can even go

[12:37] down to the 15-minutes time frame depending on how it is. So looking at this, so what do we have here? We have price >> [music] >> we have over here, price came down, did

[12:50] they do What did they do here? It broke structure to the downside here. And this becomes my change of character. Now for a very close like retail trader, you can actually wait for this to confirm this as a change of character.

[13:04] Then if I take my trade immediately we around here or this this around here is closed. [music] So we'll take a long position from

[13:18] okay? Our stop loss below. And where do you target? You cut You cut at the top of that range. Let's go back to the 4-hour time frame.

[13:36] Because price has shown us that it's ready to start breaking structure to the upside. Okay? Cuz there's a change of character on the higher time frame. So, we target this particular point. So, from here, we can go all the way high.

[13:49] Let me take this back to the 1-hour time frame. [music] So, even if you decide to wait for a change of character at this particular um break of structure here, change of

[14:02] significant, you're still getting a 3.71 [music] following me, you know that I don't take a trade if the risk-reward ratio is less >> And of course, we know how this went, but let me just play it and see.

[14:23] take profit. Now, let me show you the trade that I'm currently in. hindsight. So, over here, have to drop all this inside of my Discord community. I drop

[14:38] my trade ideas and eventually, I drop the particular [music] entry I am in. having a break of structure to the downside. Over here on the higher time downside. Over here on the higher time frame, we had a big break of structure

[14:51] here. Then, over here, we had a change of character here. Okay, this is on the This is high time frame. Mind you, we are on the four um [music] hours time frame. So, my

[15:03] expectation was that because we have a fair value gap here, we should see the market retrace all the way to this point before it start going down. But, what happened is this. That is this

[15:16] what I'm actually thinking. Now, we didn't take a trade here. actually. Whenever it wouldn't take a trade here, because, again, [music] we are expecting this market to go higher. But, what

[15:29] happened here is this. We had this break here. This is a market [music] structure. Now, we're going to do lower timeframe market structure going this way. Okay? Then, we had a change of character

[15:42] here, and then this is the 4-hour timeframe. And what did we do? We then marked out our point of interest by taking first the Fibonacci zone from by taking first the Fibonacci zone from the top to the bottom,

[15:56] the top to the bottom, marking out first the golden zone. Again, guys, I do all these things live on Discord.

[16:08] mark out our order block. I should say this is my my supply zone, rather. once the market gets into this zone, this is when we start looking for entry.

[16:24] >> [music] >> In as much as that we are still below this high. Okay? And the target is this low. Now, this is This is going down to the 15-minute to the 5-minute timeframe now.

[16:44] updates when we start making these moves. So, here, you can see clearly that we have a break of structure here to the upside.

[16:58] And over here is where we have the change of character to the downside. And what I do sometimes is that I wait for a 50% retracement

[17:11] to take the trade. As This is exactly I didn't want to take here, but this is exactly where I took this trade and I let my community >> [music] >> stop loss and down here

[17:26] >> stop loss and down here down over here is a take profit a four down over here is a take profit a four um [music] points 07 risk reward ratio. This is a trade that we took [music] on EUR USD

[17:39] and also on GBP USD. We're almost at exit NZD USD USD a 4.63 risk reward ratio.

[17:51] Now if you want to get into my Discord community is part of my mentorship program. I'll leave the link to join in the description of this video. And if you're thinking Jude, I want to benefit from trading but I don't have the time

[18:04] to spend to learn right now, then copy me is what you need. Copy me is an app I'm currently developing. It has built-in risk management and lets you connect your trading account and automatically copy my trades and trades

[18:19] of vetted experienced professional traders. You don't need to know [music] any of this to use it and I'll leave the link also to join the waitlist in the description of this video. Now if you want to go even deeper on market

[18:33] structure is what [music] makes everything in this video actually work. You want to understand why price move the way they move. In this video here, I explained market structure comprehensively. So go ahead

[18:48] structure comprehensively. So go ahead and watch it right now.