Execution Parts 2 and 3

Execution Parts 2 and 3Lesson 16 of 175 min read

Count the reasons

One entry with several marks landing on it, counted out loud, and why the gap and the middle are the last places a move offers you.

The best entries are not the ones that look neat. They are the ones with several marks stacked on the same price.

The entry, counted

Take the buy at 2,410 and count what is sitting there.

  • The orders under 2,396 were taken.
  • A candle closed above 2,420, so structure broke upward.
  • 2,410 is inside the 2,404 to 2,412 gap.
  • It is below the middle at 2,413.50, so it is the cheap half.
  • On the 5 minute chart, the small fall into 2,403 left a block that price came back to.

Five marks, on one price, found with four tools that were applied separately.

Say the number before you click. Five is not the same trade as two.

What the count is for

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