3 STEP ENTRY HANDBOOK. Navigating the financial markets can be very hard. So we here at PFA have put together a handbook that you can pair with our content to help you when entering a setup. REMEMBER THAT THIS IS JUST AN ENTRY HANDBOOK, YOU NEED TO BUILD YOUR NARRATIVE FIRST. STEP 1: HTF SPONSORSHIP. When looking to enter we should only be considering HTF zones as valid areas. This will immediately get rid of unnecessary losses and help us to find higher probable trades. To do this we need to look at the HTF (15M, H4) before going on to the 1M. If we are not in said zones of supply or demand then we should not be on the 1M. Here's a diagram and some examples of how this looks. 3 STEP ENTRY HANDBOOK. 1 15M ZONE ENTERED MOVE TO 1M FOR ENTRY 3 STEP ENTRY HANDBOOK. 2 TRADE PLAYS OUT 3 STEP ENTRY HANDBOOK. 3 STEP 2: REASON Now we have an entry we need a reason for price to go to our TP. Without reason our entry is pointless. The reason can be anything such as liquidity, weak high/low, unmitigated supply/demand. With reason even if the trade ends up being wrong there was a valid reason why price should have gone there. Remember it's not about being right all the time but about being able to understand the path price could take. Here are some examples of reasons. UNMITIGATED ZONE WEAK HIGH/LOW 3 STEP ENTRY HANDBOOK. 4 SUPPLY/DEMAND CHAIN STEP 3: PARTIAL PROFITS The final step is finding out where you want to scale out. Trading is about making money now about who can hold to 100R. Even though some trades can do 100R we need to make sure we are securing profits. This is where we take partials. Theres a few ways you can go about deciding where to take partials. The most common are liquidity 3 STEP ENTRY HANDBOOK. 5 points, points of reversal or set risk to reward percentages. I personally like to take 80% off of the my trades at liquidity points or reversal points. Something to remember is no one went broke from taking money but people always go broke from losing money. That being said heres a few diagrams of where you could look to take partials. REVERSAL POINTS LIQUIDITY POINTS 3 STEP ENTRY HANDBOOK. 6 For more content like this then visit: https://launchpass.com/pip-factory-academy/member 3 STEP ENTRY HANDBOOK. 7
