Different Entry Techniques after Signal, Summarize

Hey Folks,

I just stumble about different entry technics after a trend trading signal.

Here is what I have. Please add more if you have.

I differentiate between static signals (e.g. support, Resistance) and dynamic signals (trends, oscillators etc.)

1)static Signal occur > Direct Jumping into the trade
2)static Signal occur > Wait for retrace (e.g. 10 pips) from signal, example: Signal at 1.3500 for long, entry only if 1.3490 is hit
3)static Signal occur > Wait for extra 10 pips in favored direction after signal occured and enter on original signal if market comes back (e.g. Signal at 1.3500 for long, wait till 1.3510 and wait till back till 1.3500, only than enter
4)Process of 3) and than you wait again until 1.3510 is hit, so you have confirmation that 1.3500 long signal was holding.

1b) dynamic Signal occur > Direct Jumping into the trade
2b) dynamic Signal occur > Wait for retrace (e.g. 10 pips) from signal, example: Signal at 1.3500 for long, entry only if 1.3490 is hit but ONLY if dynamic Signal is still valid
3b) dynamic Signal occur > Wait for extra 10 pips in favored direction after signal occured and enter on dynamic signal retrace (e.g. Signal at 1.3500 for long, wait till 1.3510 and wait till back to dynamic signal, e.g. 1.3504 (because the dynamic signal like RSI will rise due time elapsing)
4b) Process of 3b) and than you wait again until 1.3510 is hit, so you have confirmation that 1.3500 (or 1.3504 dynamic RSI for example= signal was holding.

I know lots of pro traders use 3 or 3b, some even wait for confirmation of these and use 4 and 4b.

Do you have any other entry technics? Thanks in advance.

Hi, I am using something similar, would say 3b but say the signal comes at 1.3500, I would wait for small reactions long, say if I am long, then the price needs to fall under 1.3500, but at the same time price should not react hard in the first wave for the signal to be confirmed( sometimes react immediately but not to get stuck in the dd or got sl, when I am using this technique it is much better for me, gnerally i am now waiting only in the places where i would put my sl)—- in this example from today when a first signal arrived price reacted immediately ( and same pair when signal arrived for long i would like to see like this exactly like on ss)--- lucky i was not in front of pc .

I think I get your point. Did you meant the entry at 15:57 around long, that you were lucky not being in front of PC? The confirmation trade of about 8 candlesticks before (low around 0.6593)? Market were going down after the signal.

-Here pros like to take the trade but using trailstop or break even stop as fast as possible. I have to figure that out because due to my former analysis I think it does not matter what you do,- the R:R in the end is the same but it could differ in the end anyway because with extreme fast breakeven or trailstop (even if you get stopped out too soon) your drawdown on you account is minimized - even if it costs performance. So in the end it can at least push R:R up - but you still only earn the same, absolute amount of money in the end but your equity curve is much smoother. Thanks for your input!

Exactly, you got my point,yes, some of the trades will be missed, but like this, I am so confident that the price will react and minimize dd

like now gbpcad, confirmation trade for long is confirmed, but I am waiting for the more/less same recipe from above,if the price reacts now, never mind....

and reacted very aggressively, so my setup failed and I wait for the next opportunity,I thought, this could be classified as number 1
1)static Signal occur > Direct Jumping into the trade,but i am supposing this could lead me to 50-50, only to dig in more with mm and rr in this case, what do you think ?