Fix your entries

You want to make it in trading but you’re facing issues many of us did when starting.

Your entries are failing or you want to have better entries.

How do you even fix that?

You focus on the LTF way too much. In the last letter, I wrote to you I mentioned 2 types of traders.

Trader 1 loses, does no analysis, no self-reflection, and focuses on the lower timeframe, believing it’s his entry model that holds him back and he never makes it.

Trader 2 analyzes his trades and concludes that his problems are something else, he learns how to properly break down the chart and Is aware when trading and not a passenger.

You need to ZOOM OUT

Your problem is that you’re way too locked onto the 5-minute chart and below. You should focus on the higher timeframes this is where 90% of your analysis and brain power should go.

The lower timeframe is just for you to press a button.

Think of it like driving a car, you’re zoomed in and focused on the steering wheel, instead of everything else around you and what you should be doing and you crash and die. This is what you’re doing to yourself when stuck on the lower timeframe and focusing on it.

Breaking down charts

As I’ve said stick to the HTF and ITF this is how you get good trades and entries on the LTF.

You need to focus on the daily, weekly ,monthly and determine what we’re doing and why we’re doing it..WHY

And on the H1 and H4 you need to focus on HOW we will get there. Build a narrative.

Higher timeframe

You should have some common sense as a trader.. Why are you trading the LTF if the higher timeframe isn’t as clear as day?

IF THE DAILY ISN’T CLEAR YOU DON’T TRADE. There are no exceptions.

“Yeah silky but I can scalp on the m1.”

You can put my fries in the bag and don’t forget to remove the pickles from my burger if you think like that

ICT even said you have to scalp considering the HTF direction.

Make your life easier and be smarter.

Use common sense and break down the HTF properly.

If the monthly is NOT clear you should look at the weekly.

If the weekly is NOT clear you should look at the daily.

If the daily is NOT clear you don’t trade.

The intermediate timeframe NEEDS to align with the HTF

If we are bullish on the HTF we NEED to have PD arrays and an MSS on ITF in the direction of our draw and a market maker model.

You will face many challenges and I am here to guide you.

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