Playbook 03 · Slide 07 of 10 · Execution · Exact Entry Conditions · Checklist Before Clicking

Entry Rules

Every entry must pass a four-filter checklist. If any filter fails, the trade is skipped. No exceptions.

Filter 1

EMA Bias

9 above or below 20

Filter 2

Day Type

Trend or Range

Filter 3

VWAP

Above or below

Filter 4

Trigger

Bracket or Fishing

Setup	Filter 1: EMA	Filter 2: Day Type	Filter 3: VWAP	Filter 4: Trigger
Trend Long	9 > 20 (bullish)	Breakout above bracket	Price above VWAP	Pullback to bracket high or VWAP
Trend Short	9 < 20 (bearish)	Breakdown below bracket	Price below VWAP	Rally to bracket low or VWAP
Fishing Buy	9 > 20 (bullish)	Range day	Near VWAP	Stop-run below low, close above prev high
Fishing Sell	9 < 20 (bearish)	Range day	Near VWAP	Stop-run above high, close below prev low

Trend Day Entry

Wait for the breakout: Don't enter before the bracket is broken. Wait for a 5-min close above the bracket high.

Wait for the pullback: Don't chase the breakout. Let price pull back to the bracket high or VWAP.

Confirm the bounce: Wait for a bullish candle to form at the pullback level. Enter on the close of that candle.

Max 2 trades: If the first two trend entries fail, the day may not be a trend day. Reassess.

Range Day Entry

Wait for the touch: Price must touch the bracket edge. Don't enter in the middle of the range.

Wait for the rejection: A wick through the bracket edge followed by a close back inside = rejection.

Enter on confirmation: Fishing signal fires (stop-run + close back inside). Enter at close.

Target the opposite edge: Take profit at the other bracket edge. Scale out at VWAP.

⚠ No Entry If: EMA bias opposes the trade direction · Day type is unclear · Price is 20+ points from VWAP · News release within 15 minutes · Already hit daily loss limit · Stop is wider than 10 points