The Ultimate Entry Model + Secret Tweak To Never Miss a Trade!

Strange ICT
7 Jul 202412:39

Summary

TLDRIn this trading tutorial, the presenter shares a powerful entry model for catching early reversals in the market, ensuring traders never miss a move. The video explains the importance of identifying 'sweeps' above previous highs without body closures, and then using candlestick confirmation signals for entry. To avoid missing trades, the presenter advises traders to switch to lower timeframes for better retracement opportunities and optimal risk-reward setups. The video is filled with practical examples and encourages backtesting the concept for improved trading strategies.

Takeaways

  • 📈 The video is focused on teaching viewers how to catch early reversals in the market to avoid missing out on trading opportunities.
  • 🔑 The presenter shares their personal entry model, which is considered one of the most powerful for identifying entry points in trades.
  • 🔍 The importance of 'body closure' is emphasized; a valid entry signal requires only a wick above a previous high without the body of the candle closing above it.
  • 🚫 A formation with body closure above a high is not considered a valid entry signal according to the model.
  • ⏱ The model is based on observing price action within a specific zone and requires a candle to sweep a high and then close below it, indicating a potential reversal.
  • 🔄 To catch retracements and avoid missing trades, the presenter suggests dropping to a lower time frame after identifying a sweep on a higher time frame.
  • 🕒 Examples are given to illustrate how to apply the model on different time frames, from 4-hour down to 1-minute charts, to refine entry points and risk-reward ratios.
  • 📉 The video mentions that missing trades can be frustrating and lead to impulsive trading, which is why the entry model is crucial for precise trading decisions.
  • 📊 The presenter advises viewers to backtest the concept and collect examples to understand and validate the model's effectiveness.
  • 💬 The video encourages interaction by asking viewers to leave questions in the comments or contact the presenter via Twitter for further clarification.
  • 🍀 The presenter wishes viewers happy trading and good luck, indicating a supportive and positive approach to trading education.

Q & A

  • What is the main topic of the video?

    -The main topic of the video is about how to catch early reversals in trading and never miss a move using a personal entry model and a secret way to find units for high-reward trades.

  • What problem does the video aim to solve for traders?

    -The video aims to solve the problem of traders missing trades due to the price moving without retracement, which can lead to impulsive trading.

  • What is the importance of 'body closure' in the context of the entry model discussed?

    -In the context of the entry model, 'body closure' is important because it signifies whether the price has truly reversed. A valid entry requires only a wick above the high without body closure, indicating a potential reversal.

  • Why is it preferable to see only a 'wick' above the high in the entry model?

    -Seeing only a 'wick' above the high without body closure is preferable because it indicates a stronger potential for a reversal. A body closure might suggest that the price has not fully reversed and could continue in the previous direction.

  • What is the 'CSS' mentioned in the video, and why is it significant?

    -The 'CSS' stands for 'candlestick setup'. It is significant because it is used to confirm the reversal pattern by waiting for the price to close back inside the range after the wick has occurred.

  • Why should traders look at lower time frames when there is no retracement on the higher time frame?

    -Traders should look at lower time frames to find the same reversal formation, which might provide a retracement and a better entry point with a tighter stop loss, thus increasing the potential reward-to-risk ratio.

  • What is the benefit of using a lower time frame for entry after identifying a reversal pattern?

    -Using a lower time frame for entry allows traders to enter trades at a better price, potentially with a tighter stop loss, which can lead to a better reward-to-risk ratio and help avoid missing trades.

  • How can traders ensure they do not miss trades when the price moves quickly without retracement?

    -Traders can ensure they do not miss trades by quickly checking lower time frames for the same reversal pattern and waiting for the CSS confirmation to take their entry.

  • What is the role of 'liquidity' in the context of the video?

    -In the context of the video, 'liquidity' refers to the market condition where there is a sudden influx of buying or selling that causes the price to move sharply. Traders position themselves before such expansions to catch quick moves.

  • What is the advice given for traders who want to backtest the concept presented in the video?

    -The advice given is to collect as many examples as possible of the reversal pattern and the entry model, and to backtest them to ensure the concept's validity and effectiveness in different market conditions.

Outlines

00:00

📈 Catching Early Reversals for High-Profit Trades

This paragraph introduces a strategy for identifying early reversals in trading to avoid missing profitable moves. The speaker shares their personal entry model, emphasizing the importance of recognizing a 'sweep' above a previous high without a full body closure, indicating a potential false signal. The strategy involves observing price action within a specific zone and waiting for a candlestick setup (CSS) confirmation before entering a trade. The speaker also addresses the common frustration of perfect analysis not translating into successful trades due to price movement without retracement, and suggests modifying the strategy by looking at lower timeframes for better entry points and retracements.

05:00

🔍 Enhancing Trade Entry with Lower Timeframes

The speaker provides a detailed explanation of how to apply the entry model across different timeframes to improve trade entries and risk-reward ratios (RR). They demonstrate how to identify a valid sweep and wait for a candlestick setup confirmation on a lower timeframe, such as moving from a 15-minute to a 5-minute or even a 1-minute chart. This approach ensures that traders do not miss out on significant price movements and can enter trades with better entry points, thereby increasing the chances of successful trades and better RR. The paragraph includes examples of how this strategy can be applied in various market scenarios, emphasizing the importance of body closure and CSS confirmation for valid trade entries.

10:01

🚀 Maximizing Trade Opportunities with Timeframe Analysis

In this paragraph, the speaker illustrates the effectiveness of the strategy with multiple examples, showing how traders can catch entire market moves with better RR by using lower timeframes. They emphasize the importance of observing only wicks (not body closures) above significant price levels and waiting for a CSS confirmation before entering a trade. The examples demonstrate how missing retracements can lead to missed opportunities, and how analyzing lower timeframes can provide the necessary retracement for a valid entry. The speaker also advises traders to backtest the concept and encourages them to engage with the content by liking the video and reaching out with questions.

Mindmap

Keywords

💡Reversals

Reversals in trading refer to a change in the direction of the price movement from a previous trend. In the context of the video, the speaker discusses catching 'early reversals' which means identifying and trading on these changes before they are widely recognized by the market, allowing for potentially profitable trades.

💡Entry Model

An entry model is a strategy or set of criteria used by traders to determine when to enter a trade. The video emphasizes the presenter's 'personal entry model,' which is a method for identifying high-probability entry points for trades, crucial for maximizing returns and minimizing risk.

💡Secret Way

The term 'secret way' is used to highlight an unconventional or less-known method for finding trade setups. In the video, it refers to a technique for identifying high-quality trade opportunities that can lead to significant profits, adding an element of exclusivity to the approach.

💡Impulse Trading

Impulse trading is a type of trading behavior characterized by making decisions quickly without a well-thought-out strategy, often due to frustration or a strong emotional response to market movements. The video mentions avoiding impulsive trading by using a structured entry model.

💡Swing High

A swing high is a term used in technical analysis to describe a price level that the market has reached and then retreated from, indicating a potential resistance level. The video script discusses the importance of observing price action around swing highs for entry signals.

💡Body Closure

Body closure refers to the situation where the body of a candlestick (a part of the financial chart that represents the period's opening and closing prices) closes beyond a significant price level, such as a swing high or low. The video emphasizes the need for body closure as a confirmation of a valid entry signal.

💡Candlestick Chart

A candlestick chart is a style of financial chart used in technical analysis to display data points, such as the open, high, low, and close prices, for a security or index over time. The video uses candlestick charts to illustrate the entry model and the importance of certain candlestick formations for trading decisions.

💡Time Frame

In trading, the time frame refers to the duration over which a chart is viewed, such as 1 minute, 15 minutes, or 1 hour. The video script discusses analyzing different time frames to find the optimal entry point for a trade, which can provide better risk-reward ratios.

💡Liquidity

Liquidity in financial markets refers to the ease with which assets can be bought or sold without affecting their price. The video mentions that before an expansion in price (a rapid move), there might be a period of liquidity taking, which can lead to a lack of retracement in price.

💡Risk-Reward Ratio (RR)

The risk-reward ratio is a comparison of the potential loss and potential gain of a trade. A favorable RR means that the potential gain outweighs the potential loss, making the trade more attractive. The video emphasizes the importance of achieving a good RR by entering trades at optimal points.

💡CSS Confirmation

CSS, which stands for 'close, stop, and switch,' seems to be a term used in the video to describe a specific candlestick pattern where the price closes above a previous high (or below a previous low), indicating a potential reversal. The script mentions waiting for a CSS confirmation as a key step in the entry model.

Highlights

Introduction of a method to catch early reversals and avoid missing trading opportunities.

Explanation of a personal entry model considered powerful for trading entries.

Secret way to find units for high-reward trades without missing a trade.

Common problem of perfect analysis but missing the trade due to price movement.

Refresher on the presenter's entry model with a focus on 'no body closure' above a high.

Importance of seeing only a wick above the high for a valid entry signal.

Strategy to modify the entry model for retracement opportunities.

Use of lower time frames to find the same formation for better entry points.

Concept of 'CSS' or candle shift signal for taking entries.

Example of a 4-hour time frame analysis with a sweep and no body closure.

Technique to avoid missing moves by checking lower time frames for confirmation.

Demonstration of how to improve risk-reward ratio by entering at better points.

Example of a one-minute time frame analysis showing the importance of wicks for entry.

Highlighting the risk of missing trades by not checking lower time frames for confirmation.

Final advice on backtesting the concept and collecting examples for better understanding.

Encouragement to like the video and reach out for questions or comments.

Closing with well wishes for happy trading and good luck.

Transcripts

play00:00

hello guys and welcome back to a new

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video today I'm going to show you how

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you can catch early reversals and never

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miss and move again so I'm going to show

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you and explain to you my personal entry

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model one of the most powerful entry

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model there is and also I'm going to

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show you a secret way on how you can

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find units so you can take those really

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high our trades and never miss a trade

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again so this is a common problem a lot

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of times you can have the perfect

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analysis and when it's time to take the

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trade price just leaves without you and

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that is really

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frustrating and it can lead to impulsive

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trading because of that so let's not

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waste any more time and let's get right

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into it so first of all let me show you

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my entry model I have shared that

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previously in my recent videos but let's

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do a Qui quick refresher about it so as

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you can see we have this right here this

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red line represent a high right a former

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high or a previous High to the left and

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price was trading higher and then here

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we swept the high but return back inside

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the range so we don't have a wig I'm

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sorry we don't have body closure this is

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very very very important we need to see

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only your wig above that high if we see

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a body closure then that's not a

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followed entry or a

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followed settle all right if you have

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like a slight body closure maybe that's

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uh that's something that you can uh play

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with but in most cases preferably we

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want to see only a week and then we want

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to see this right here we want to see

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the next candle or the next few candle

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to close below the high or the candle

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that cause the sweep and then we want to

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take our entry once price returned back

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inside the range something like this but

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a lot of times since this model is based

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on sweep on a high and of course I

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forgot that we want to see this happen

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inside a song

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right we want to see this

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whole formation happen inside Zone but

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let's focus on the is right here the CSS

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or the candle suure shift we want to

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take our entry once price return back at

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least to the body of this or the week

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right at least to the 0% of this but a

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lot of times what happens is that price

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will keep trade lower without giving us

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any retracement and the reason for that

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is that we are positioning ourself just

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before the expansion all right before

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each expansion price will take some kind

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of liquidity and then trade lower this

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is why we don't really have any

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retracement right A lot of times we will

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see a quick move to the downside and I

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have a lot of examples of that so how we

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can modify this so it can give us

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retracements so we can get in in this

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move right here so what I found out from

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my back testing is said let's say for

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example that this is uh the 15minute

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time frame right this is the 15minute

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time frame and you are basing this side

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here on maybe a 15minute analysis right

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so you are using the same time frame or

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maybe you are using the 1 hour so you

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analyze the 1 hour that we are bearish

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right and then you drop to the 15 minute

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and you saw this right

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here so on the 15 minute we doesn't have

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any retracement and we would have missed

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the whole move all Although our analysis

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was right so what you want to do is that

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our answer this is the 15 minute once

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you see this sweep once you see the

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sweep you want to drop to lower time

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frame the 15 minute so this is the 15

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minute what you want to do is drop to

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the 5 minute and see if we have that uh

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same formation see if the candles only

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weaked above the high from here if we

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see that on the 5 minute we only have

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weeks then then wait for the CSS to

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happen there and wait for that

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retracement to take your entry now you

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can drop even lower go to the 1 minute

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time frame and see if we have only wigs

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if we have only wigs also wait for the

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CSS confirmation so instead of taking it

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on the 15 minute time frame what you can

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do is you can take it on the one minute

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time frame as long we have only weeks

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right and this will allow you to never

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miss trades if you are in fact right

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about your analysis you will never miss

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tra and also it will give you the best

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RR possible because you are entering

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here instead of here so let me show you

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a few examples of this and this is a

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beautiful

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example so this is a 4our time frame

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this is all NQ all right this is the

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4our time frame what do we have we have

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a a s right we have a a swing low price

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started trading higher one more time

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sweeping this low right here and what do

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we have we have only a week and then

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when you have a week you wait for the

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CSS confirmation you wait for price to

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trade above this with the body closure

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with a body closure extremely

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important and we have that here but as

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you can see we never had a retracement

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and we could have missed all this move

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right here this is a huge expansion to

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the upside we miss that because of this

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so what you want to

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do based on what I told you go to the

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lower time frame go to the 1 hour I'm

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sorry go to the 1 hour see if you have

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the same formation and yes we do have

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the same formation you see this candle

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on the 1 hour it swept this and it never

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closed below it so what you want to do

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is you want to wait for the CSS

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confirmation to happen here we do have

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that here with this candle right with

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this candle close above this and it

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return back to the range so now you

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could have

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entered and participated in this whole

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bullish move to the upside but don't

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settle for this go even lower see what

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happened on the 15 minute if we have the

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same thing yes we have the same thing on

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the 15 minute only a week as you can see

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so now we're going to work with this

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candle right here closed above it here

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all right return back into do it so now

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you have a better RR a tight stop BL so

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instead of taking the entry from the

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blue rectangle or a Blue Zone you could

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have take it from the red zone now you

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can take it even lower check the 5

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minute time frame so see what do we have

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do we have only wigs yes we have only

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wigs as you can see now we're going to

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work with this candle right here we have

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the CSS confirmation right return back

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into it now you have the best entry

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possible the best RR and you will not

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miss the move right let me show you

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another example all right so this is the

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one minute time frame as you can see

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price swept the low right here closed

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back inside the range so what you want

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to do is to wait for price to close back

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here we have the close and price left

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without you so

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when you see the sweep right here what

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you want to do is to go to the lower

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time frames go to the 15 seconds see if

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we have only a

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sweep I'm sorry see if we have only a

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wig because there's always going to be a

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sweep but see if we have only a wig if

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we don't have a wig that's not valid and

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stick to the original time frame if we

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have a wick then you're going to work

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with this candle right here so this

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candle Wicked below the low do we have a

play08:32

CSS confirmation no we don't have a CSS

play08:35

confirmation one more time wicked below

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the low so we're going to work with this

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candle do we have a CSS confirmation no

play08:43

one more time wicked below the low with

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this candle do we have a CSS

play08:48

confirmation yes with a body closure

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return back into it and trade to the

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upside as you can see

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here and price kept trading to the

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upside if you waited for the one minute

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you could have missed the whole move

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right another time frame this is the

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final

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example we have the 12 minute time frame

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on

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NQ weak Above This High inside this Zone

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and then we're going to work with this

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candle do we have a body closure yes we

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do have a body closure here but we never

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return back into it and price expand

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to the Downs side see how big this

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candle is because we are positioning

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ourselves just before the expansion

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happen right this is why we see huge um

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legs when we see a sweep right so you

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could have missed this move but if you

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go to the lower time frame when you saw

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when you saw this

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s.2 let's check the 5 minute as you can

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see the conditions are also met right

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here we have all wigs so now we're going

play10:00

to work with this candle we never had a

play10:03

body closure right here one more time

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Wick above this now we're going to work

play10:08

with this candle now we have the body

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closure here with this

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candle body closure return back inside

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this candle so on the 5 minute if you

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use that you could have caught this

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whole move you can take it even lower

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and you go to the one minute time we

play10:28

have only a week

play10:29

right the wick happened with this candle

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right here we don't have body closure

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one more time waking above this body

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closure right

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here came back inside or came back to

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the candle right now you could have

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catch this whole move but with a way way

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better RR as you can see we have another

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example beautiful example right here

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this is the one minute

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tying we have a wick below this L right

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here are inside the Sun and this is the

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one minute time frame if we go um if we

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zoom in on the one minute time frame

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this is the candle that caused the sweep

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body closure above it but we never had a

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chance to enter we don't have like um

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retracement to it so miss

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move or some of you will take the entry

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once we close above it but as you can

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see really really wide stop loss now if

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you go to the 15 second time frame we

play11:30

can see that our conditions are met we

play11:32

have only a week

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and this is the candle that we need to

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see a CSS in and we do have that here

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with the next candle return back into

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this candle the range and price traded

play11:49

to the

play11:50

upside so as you can see this happens

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all the time and I believe this is the

play11:55

only way to reduce the missing trades

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all right but keep in in mind that you

play12:00

need to see a wig right if we go if you

play12:02

see the one minute time frame have a

play12:05

sweep and then you go to the 15-second

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time frame and we have a body closure

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that's not valid go to the one minute go

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back to the one minute right and wait

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for CSS to happen there so what you want

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to do now is you want to back test this

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concept collect as many examples as you

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can and make sure to like this video if

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you found it helpful so now if you have

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any question questions leave them down

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in the comments or DM me in my Twitter

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account and I'll reply to you as soon as

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I can now happy trading and good luck

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