Impulse Entries Explained… How to Trade Counter Trend Like a Pro

welcome this is your host roger banks from the new york station live streams first of all i want to welcome everyone who joined market fluidity you have made the best possible investment towards your forex education now all you need to do is to stay disciplined and do exactly what we say right so basically what we're going to go over today is going to be influence entries and like a lot of you people have been asking me hey man how are you able to have zero losses what was what was the reason now the number one thing i want to talk about is like um i want to talk about new york sessions first right so normally what happens is sometimes you know when i come onto the live streams you'll see that there's going to be so much volume from london session that price is just moving like this right so this is a very crude example of a market structure so now i'm going to ask this question to everybody there right what's the bias over here what's the market structure at this point i would say like a very smart person is probably going to say okay yeah let you know what the microstructure here is bullish right very easy very simple to understand it's a bullish microstructure now let's start reading how this market structure has gone bullish right because it's really important for you to understand what candles mean when they're forming when they're in momentum when there's a lot of volume you need to understand what these candles mean now it's really simple right so basically let's suppose we had a support down over here right price moved up um this candle closed bearish right kind of close bearish we had another kind of closing bullish so we formed a like a minor support at this point price moved further up now when price is moving bullish it's really important to know that okay there's always going to be a high created and whenever there is a higher created this is going to get pulled back and after that pullback there's going to be a support made and once that support is established then you have an opportunity to take a bye right so if you look at this position right over here where where do we have a high created can someone answer me the person in the back i see you i see you in your bed right now you're in your bed right now so basically a high is created right away right we have a height created right here price retrace came down so when this candle formed bullish right this is where your support has formed right over here right so now um a lot of times guys are going to take buys right at this point and what they're going to do is they will anticipate the next candle to continue moving bullish is this correct who has done this before have you done this before i've done this before man i used to do this all the time because you know i'd say okay like you know what the can is closing bullish we're in a bullish trend we're making support and next candle if it respects this law over here it should continue moving up and then all the way up right but wrong you have to understand there's a resistance right over here right there's this resistance so you have to measure to see how far this resistance is right if this resistance is around 20 pips away right or let's say if this resistance is around 25 pips away then it makes sense to take a buy right it makes perfect sense to take it by but more often than not this resistance is hardly going to be like 10 pips you know maybe it's going to be like 15 pips and top it off this resistance might be even eight kicks man and if you're taking a bite in an 8-pip range it's not going to work obviously it's not going to work right so the best case scenario in this situation is to wait is to wait to see if the next candle breaks this high and then you can take the buy position now normally last week and the week before that when it had no losses this didn't happen you know price never broke this high over there what essentially happened was that price broke support right over here and that's what we're going to talk about this is the setup where i had zero losses each and every time this setup played out i executed on it i um i managed my risk i took profits took partial positions and call it a day right really simple now basically what you want to look for is all you have to say is we will break this low or not for example let's say this is the one hour time frame before someone else can remember what's the time frame right so let's say it's a one-hour time frame or let's say this is a 30-minute timeframe normally on the 15-minute timeframe you can also catch these moves on 15-minute time frame but you need some sort of experience you don't practice i mean you want to see it happen over and over again so that you can have that sort of intuition that's going to work out right so let's suppose that this support is being held right what you need to see you need to see a candle a bearish candle come down like this right we have a bearish candle forming right at support so when you have a bearish candle forming at support can we take a cell at this point any answers no we can't take a cell because we're at support but can we take a buy at this point no we can't take a buy because because the candle is not bullish the candle is buried so taking a buy would make no sense at all what would make sense however would be to wait for the next candle to break the low right over here because if the next candle starts breaking the low at this point then there's a higher probability price can essentially correct this move up makes sense so for you to understand how it's going to break the low it's really important to understand how trends are formed how candles form in trends right so when price is breaking the low obviously if there's a higher chance to make a lower low and this is what we call an impulse entry right over here as the next candle starts breaking the low at this point you're taking an entry right over here right you're taking empty right over here your conservative stop loss is way up over here that's a conservative stop loss we also discuss aggressive stops that's um most likely better explained in in our database if you're part of the market fluidity if you're not that's still okay you know this will still help you um conservative drop goes up over here as this candle starts breaking the low you're taking an impulse entry and you're anticipating the next candle to continue moving down form a bearish candle and then like you know we can obviously continue down towards like you know fill in this whole area and basically we have a support down over here right this this is the trade i've taken all past week and the week before that but it's really really important to wait right because you're waiting now let's go over this again you had before we had okay so we didn't have this area right over here all we had was this bullish candle right over here and someone took a bite now there's not enough rain so obviously you can't take a buy you have to wait you either have to wait for price to break above this resistance or you need to wait for price to break this minor support to continue down so what you're doing is you're not now here's the trick right sometimes what guys are going to do is that they will take a cell if this first bearish candle starts breaking the low of the previous bullish candle this is very bad this is very bad because since this is a big bullish candle it means there's very high volume in this bullish candle so you cannot sell this candle breaking the low right over here what you would need over here however would be a small bullish candle if this was a small bullish candle then you can with with experience with practice you can take a cell as this kind of starts to break below but if it's the bigger one you have to wait for this bearish candle to close because if this beige can is going to close like this then you're executing on the next candle after it breaks the low right once it breaks the low you're executing at that point that's ample centuries right so there's you need to do a lot of practice you need to see it happen over and over again this is and this is not a for sure way of success this is a probability it happens i took around eight trades nine trades same exact setup all wins right on thursday to i think what thursday or are thursday or wednesday thursday wednesday i i think it was wednesday because thursday was thanksgiving on wednesday i took a trade same exact setup didn't work it was a loss right so that's the kicker now when you take these trades and most of them are winning trades what are you going to do when you encounter a losing trade right what are you going to do there's a probability there's always going to be a probability a certain setup is not going to work out so this is what happened right over here i took the cell and didn't work out is the probability so when it's a probability that play you got to call it a day right so input entries these things work the only thing is you have to learn how to manage risk with impulse entries right for people who are at microfluidity this idea is explained with risk management in the database if you are not in microfluidity yet that's still fine right practice you can still learn it you can still focus on it on the live streams you also talk about this over and over again so yeah man i think this was a really good example for the weekend um absorb this information keep it in the back of your mind and when you see it happen next week you're gonna see it you can remember this exact same video that roger banks came on dropped free knowledge got it take it