Success in futures contracts doesn't depend on luck... but on a smart and well-studied entry plan 🔍
Let's start step by step:
✅ 1. Determine the trend first (Trend is your friend).
📉 Is the market bullish? Enter Long trades.
📈 Is the market bearish? Enter Short trades.
💡 Use:
– Moving Average 200 to determine the overall trend.
– RSI indicator to confirm momentum.
✅ 2. Draw support and resistance areas.
🟢 Support area = Buying area.
🔴 Resistance area = Selling area.
💡 Tip:
Use larger time frames (1 hour or 4 hours) for a clearer view.
✅ 3. Wait for a breakout or a pullback.
📌 Don't enter directly!
Watch price action at important areas:
– Breaking resistance + confirmation = Enter Long.
– Bounce from resistance = Enter Short.
– Breaking support = Enter Short.
– Bounce from support = Enter Long.
✅ 4. Specify the entry point accurately.
🎯 Don't enter randomly.
Choose an entry point close to support or after confirming the breakout with a strong candle.
✅ 5. Determine the stop loss.
❗Place it below support (in Long) or above resistance (in Short).
🚫 Never trade without a stop loss.
📌 Why? Futures contracts are highly volatile and losses can wipe out the entire account!
✅ 6. Set the target (Take Profit).
🎯 Don't be greedy!
Set a realistic target based on the upcoming resistance or a 2:1 profit-to-loss ratio.
Practical example:
SOL is currently in a bullish trend.
The price bounced from strong support + positive RSI.
📍I entered Long at $155.
🛡️ Stop loss: $151
🎯 Target: $162.
I made $7 on each contract 👏
🔥 Golden tips for beginners:
✔️ Don't enter before major news.
✔️ Trade only during market activity (London – New York).
✔️ Test your plan on a demo account first.
✔️ Don't change your plan in the middle of a trade!
