My Forex Entry Strategy To Avoid Drawdown

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  • čas přidán 13. 06. 2024
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    In today's video, I'm going to share with you my forex entry strategy to avoid drawdown,
    Trading is fun when our trades go in profits but drawdown can be tough for most because it makes u question your trade and that can lead to emotional decisions, you should have a system that you trust and you will end up not worrying about drawdown which is bound to happen, but in this video, I share the techniques I use the get the best forex entries using structure, trend and candle confirmations to ensure accurate sniper like entries speaking in the drawdown sense.
    If you find this video helpful, Let me know in the comments and leave a subscribe. Enjoy!
    Disclosure: Forex and ALL forms of trading contain substantial risk and are not for every investor. You can potentially lose your initial investment. Only risk capital you are comfortable losing. None of the advice provided on my channel is Financial advice.

Komentáře • 43

  • @schrittenjames4395
    @schrittenjames4395 Před 9 měsíci +6

    Note:
    1. Time frame = Do the analysis from higher TF to lower TF to understand the price flow. Harry use 15m,30m,1h and 15m is the most used because it means less drawdown, less chance to be on the pullback. You may use 5 mins for extra confirmation once the 15m is closed like the thunderstorm setup.
    2. Waiting for top / bot wick after the closed candle. (steeper wick is better but not necessarily for you to wait if its already formed a wick earlier)
    3. Look where you trade in the chart. Trade on the area that has LTA in the past (look left)
    4. Taking trades during volume time. example GJ= (1h before london open until 1-2 hours after)
    5. Trust your plan, as long as the trade is make sense, hold your drawdown.
    6. Subscribe so you wont missed Harry's live trade session.

    • @tradesharpe
      @tradesharpe  Před 9 měsíci +3

      Amazing for writing this out nice job love to see this!

  • @kuna8413
    @kuna8413 Před 9 měsíci +1

    Great informative tutorial, thank you Harry !

  • @GetEmGaming
    @GetEmGaming Před 9 měsíci +2

    the emotions in a drawdown are unreal one minute your happy then sad then excited. gotta stay focused and cool
    awesome video harry well explained

  • @johngore8443
    @johngore8443 Před 9 měsíci

    very helpful video, thanks Harry as always

  • @abdilahizidan
    @abdilahizidan Před 9 měsíci

    Thnaks so much it really helps alot

  • @criticalhisooka1670
    @criticalhisooka1670 Před 9 měsíci

    Great video, Keep it up!

  • @harshshah1056
    @harshshah1056 Před 9 měsíci

    I love this guy's content

  • @Snypa-007
    @Snypa-007 Před 9 měsíci +1

    Just stopped by to drop a like, I'll try to tune in this week for your London open stream, cheers.

  • @sioost
    @sioost Před 9 měsíci

    Thank you Harry! This is again a very usefull video 🙏

  • @geofreypatric
    @geofreypatric Před 4 měsíci

    thanks Harry

  • @tonydennis1617
    @tonydennis1617 Před 9 měsíci

    I love this

  • @itsmarcofam7873
    @itsmarcofam7873 Před 9 měsíci

    great info, clear n simple ty. keep it up bro! see u in class tomorrow morning ;]

  • @thedigitalecosystem
    @thedigitalecosystem Před 9 měsíci

    thank u sir the great.....

  • @rahinastarz8796
    @rahinastarz8796 Před 9 měsíci +2

    I salute you

  • @AatishDevnath-lq1kp
    @AatishDevnath-lq1kp Před 7 měsíci

    Hi Harry. Watching your videos all the way from South Africa. Excellent content and very easy to follow. Shout out the Darryl Naidoo for introducing me to your content.

  • @MrDee-cc3nn
    @MrDee-cc3nn Před 9 měsíci

    Thanks for motivating us to be cool in the drawdown situation Sir. I really like it and appreciate your efforts to teach us according to the market condition.

  • @nathanwilliams27
    @nathanwilliams27 Před 9 měsíci

    Salutas my bru!Walakajni!

  • @vortexfx420
    @vortexfx420 Před 9 měsíci +1

    structure / levels / candle stick confirmations / $

  • @chrism169
    @chrism169 Před 9 měsíci +1

    Love your content Harry and hate drawdown like everyone else. Quick question though - seems like waiting for the wick to form on the entry candle and also waiting to enter until the high (including wick) of the prior candle would lead to a higher buy price than entering as soon as the entry candle opens. Any thoughts on this?

    • @tradesharpe
      @tradesharpe  Před 9 měsíci +1

      Only by a pip or 2 I rather Miss a pip than hold 10pips of drawdown hoping it will flip and break the high cuz that increase probabilities

  • @howiewrex
    @howiewrex Před 9 měsíci

    I feel like I needed this video so bad!!! Thank you for this

  • @ryaniii1801
    @ryaniii1801 Před 9 měsíci +1

    i said it before & i will say it again: you are a godsent
    your streams & the exclusive are not able to compare with the furu groups

  • @Answers4Money
    @Answers4Money Před 9 měsíci +4

    i believe in only 1 God and no other but i give thanks to his servant and ministering saint expedite for helping me to win my ftmo

  • @lesh1986
    @lesh1986 Před 8 měsíci

    Since trading funded account,i have been losing😢 because of entries,drawdowns.or i miss successful setups and enter set ups that fail.but my strategy is perfect.😢

    • @tradesharpe
      @tradesharpe  Před 7 měsíci

      You have to follow a plan and stick to it so you can identify where things are going wrong

  • @abdulsalamosaka2287
    @abdulsalamosaka2287 Před 5 měsíci

    Please change your charts to white background instead of the dark mode

  • @bitturanjan998
    @bitturanjan998 Před 9 měsíci

    ❤❤❤

  • @SahilSawant-td1pw
    @SahilSawant-td1pw Před 9 měsíci

    Hey Tradesharpe , really nice video! I was wondering if I could help you edit your videos and also make a highly engaging Thumbnail which will help your video to reach to a wider audience . It will also allow you to focus on your content & I will be editing your videos

    • @tradesharpe
      @tradesharpe  Před 9 měsíci

      Thank you but I am not looking for any editors at the moment

  • @muganannivayan132
    @muganannivayan132 Před 9 měsíci

    Bro please explain the advantage of trading in pre london & pre newyork session

    • @spartannikil
      @spartannikil Před 9 měsíci

      🧐

    • @tradesharpe
      @tradesharpe  Před 9 měsíci

      In London I feel there is more volume leading up to the session but it depends on the month u have to keep track of it

  • @mwisenezanabil876
    @mwisenezanabil876 Před 9 měsíci

    S/O

  • @schrittenjames4395
    @schrittenjames4395 Před 9 měsíci +1

    CZcams BUSINESS