Thread by @mark_mcgrathh

My Trading Entry Model's

A Thread🧵

Hello all, I have decided to write this brief thread going over my entry model that I use to execute trades, along with my SL placement and Take Profit targets

I hope you all enjoy

In this thread I will be going over,

-What I look for before entering a trade

-My Entry Models

-SL placement

-Taking profit

-Let's get into it!

What I look for before entering a trade

Before I enter a trade 2 criteria are vital and must always be met before I even consider to scout for entry’s which is

A clear draw on liquidity / a target

Tap into a HTF PD array

Followed by that my trade idea must always be coupled with

-HTF bias

-Proper risk management

-Time of day / Kill-zones

I will never take an entry blindly just because an entry model is present, once these criteria are also met I then scout for entry’s!

Breaker Entry

Getting long or short at the breaker is what I use 9 times out of 10 for trade entry’s

Real Trade Example

Here is just an example of an entry at a breaker, pretty straight forward!

Unicorn Entry

A Unicorn entry is basically just a FVG inside of a breaker. This is my favourite entry type

Example of a unicorn entry for reference

I would also like to add

-I use 1D for bias

-H1 for intra-day market structure

-Then all my entry’s are placed on either the M15/M5 chart!

Stop Loss Placement

In terms of where I put my stop loss,

-If I entered at the LRB/LRS I put my stop above/ below LTH/ LTL

-Any other entry such as second leg ect, I would put my stop above / below ITH / ITL if applicable

Example

Take Profit

My take profit level will always be an old high or low such as

-PDH / PDL

-PWH / PWL

-PMH/ PML

Or intra-day high’s or low’s such as

-Asia High / Low

-London High / Low

Thank you all for reading and as always if you have any questions feel free to ask!

Take care everybody and God bless