I like to use STE at 1:1 (usually +10pts) as it frees up my mind to look for new trades and according to my stats, it improves my profitability.

But there is one really obvious problem: I am trading levels so my entry is usually just above or below it and if the market makes a 10pt reaction, then retests before making the move, I will get stopped out and then the trdae will take off. This often leads me into some crappy trades – it did so toady (12th Feb).

To minimise the impact and likelyhood of these kind of stop hits, I need to be very precise and antipatory with my entries – to get in before the crowd.

Here I wanted to take a break of the TL but it was so fast that my entry was 4pts above where I wanted it to be – and this meant I got stopped when it retraced to the fib. The idea entry in this case would be to use the HL forming at the purple – by making the assumption that the buy off 11123 followed by support at the purple fib would be enough to assume a next leg up was higb enough probability to trade.
This is the same PA and the yellow line shows where the stop needs to be on the long when it’s opened – and then after +10 and STE it will still be below KLs. It’s still only a +20 but today’s entire range was 50pts.
This was a tricky trade as the lines are not clear. In this case, using STE at 1:1 saves me a loss if my entry is good. This is a broken triangle reversal pattern and if I had traded it using that pattern, I would have seen 1:1 and BE instead of -1R (even better is to trade the upper triangle TL as a retest rather than a straight break). My entry was reactive as that bar would have looked like a big green bar at the time I opened the trade.

24 Responses to “The key to making STE at 1:1 work for me is precise entries”

  1. xembongdatructuyen online

    … [Trackback]

    […] There you will find 35043 additional Information on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  2. first coast

    … [Trackback]

    […] Find More Info here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  3. https://biznesblog.biz.pl/napisac-przedsadowe-wezwanie-zaplaty/

    … [Trackback]

    […] Find More on on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  4. https://www.olx.pl/

    … [Trackback]

    […] Read More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  5. โบท็อก

    … [Trackback]

    […] Information to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  6. Market Report

    … [Trackback]

    […] Read More here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  7. Empire Market

    … [Trackback]

    […] Information on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  8. Agartha Market Exit Scam

    … [Trackback]

    […] Read More Information here to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  9. dang ky tai khoan v9bet

    … [Trackback]

    […] Info to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  10. indo qq

    … [Trackback]

    […] Read More here to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  11. sarana poker

    … [Trackback]

    […] Find More Info here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  12. senangpoker

    … [Trackback]

    […] Information to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  13. คาสิโน

    … [Trackback]

    […] There you can find 4911 additional Info on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  14. qiuqiu99

    … [Trackback]

    […] Information to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  15. meja qq

    … [Trackback]

    […] Find More Info here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  16. ชุดแต่งงานไทย

    … [Trackback]

    […] There you can find 1680 more Info to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  17. 12bet

    … [Trackback]

    […] There you will find 81192 additional Info to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  18. vao w88

    … [Trackback]

    […] Here you will find 28461 additional Information to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  19. CBD

    … [Trackback]

    […] Info to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  20. 카지노사이트

    … [Trackback]

    […] Info on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  21. Freelance Web Developer – Web design Constanta

    … [Trackback]

    […] Find More here to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  22. telegram groups

    … [Trackback]

    […] Find More Information here to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  23. jaguarqq

    … [Trackback]

    […] Info on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

  24. جلب الحبيب

    … [Trackback]

    […] Read More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/the-key-to-making-ste-at-11-work-for-me-is-precise-entries/ […]

Comments are closed.