Okay, so now i want to share with you another technique that you can use to time. Your entry. This technique is what i call the moving average break so to illustrate how this works right. So just imagine if the market is in an uptrend right series of higher highs and higher lows, and then it makes a pullback.

So now the question is, you know at which point of the pullback do you enter a trade? So earlier we talked about candlestick patterns. Right, how you can use tools like hammer bullish, engulfing pattern to time your entry on a pullback, so the other technique that you can use is what i call the moving average break. So what you want to do in essence, is to overlay this chart with a short-term moving average. Okay.

So let's say let me just get this one over here. Let's say this: this is a shorter moving average like this right heading down lower because the market currently is making a pullback right now. So what you're looking for is for the price to actually break and close above this short-term moving average. So let's say this black line is the price you don't need to break and close above this short-term moving average.

So when this moving average is broken when the prices break above it above it, we call this a moving average break, and this is where you can enter a trade. So the the rules that you can use is this right for a long, long entry. You can enter right when the price breaks above the five period moving average and for a short entry you can enter when the price breaks below the five period moving average, and one thing to be clear - is that this entry trigger, like the candlestick pattern, is not Meant to be used in isolation, it's meant to be used within the context of the market, right market structure, area of value and then finally, look at the entry trigger. So let me share with you a few examples of how this moving average break works.

So over here let's say you have this canadian yen. You can see that this market is in an uptrend and it's making a pullback over here this pullback. So now you might be wondering hey. When is you know alert? Is it the right time to you know, enter a trade? So again you can use the concept of the moving average break overlay with the five period moving average.

If you can't find the indicator on this platform, just go to indicator, look for moving average right called moving. Average click on this and you'll find it. So i already have it on my chart. I'm just going to release this and you can see that the five period moving average is this red line that you see over here this this rate squiggly line on the chart - okay, this one here, so what we are looking for is for the price to break And close above this five period, moving average to timeout entry to enter a long trade, since this market is in an uptrend, so you can see over here on this candle, this green candle.

It has break and close above the five period moving average. This tells us that it's time to buy and enter on the next candle open, which is can be on this candle here, so you can enter on the open of this candle here. So this is how the moving average break technique works. So one more example: again, look at this market has broke out and then now it has made a pullback okay.

So now, at which point of the pullback do we enter this long trade, since we know that this market is in an uptrend, it just broke out of resistance over here this resistance price broke out just made a pullback when exactly do we enter? So if you don't want to use candlestick patterns, you can use the moving average break, wait for the price to break and close above the five period moving average to get on board the trade, so this actually happened over here. Okay, so this is where this is a entry trigger. This is where you have the moving average break and you can look to enter on the next candle open, which is entry, will be, or the opening price of this candle here. Okay, so this is a moving average break technique relatively straightforward.

Okay, now, let's do a quick recap: shall we entry trigger, tells you when exactly to buy or sell? And i shared with you a couple of entry trigger techniques you can use right, namely candlestick patterns. You can use things like hammer, shooting star engulfing pattern to time your entry, then i also share with you the moving average brake technique right on how you can actually use the uh five period moving average to help you time your entry as well, and one last Thing to note is that entry trigger is meant to be used within the context of the market. I'm not saying! No, if you spot this price pattern, if you spot the moving average break, hit the buy button, no, it's meant to be used within the context of the market, namely no market structure, area of value and then your entry trigger and now this brings us to the Next point: right: when exactly do you exit the trade? What if the market moves against you? Where do you cut your loss? What if the market moves in your favor? Where do you take profits? So all this and more in the mix section you.