TECH ANAL 9.1 – এন্ট্রি ও এক্সিট পয়েন্ট (Entry & Exit Points) – সম্পূর্ণ আর্টিকেল

John J. Murphy-এর “Technical Analysis of the Financial Markets” বইয়ের একটি গুরুত্বপূর্ণ অধ্যায় যা ট্রেডিং স্ট্র্যাটেজিতে সঠিক এন্ট্রি  এক্সিট পয়েন্ট নির্ধারণের কৌশল বিশ্লেষণ করে।


🔵 এন্ট্রি পয়েন্ট (Entry Point) কী?

Entry Point হলো সেই নির্দিষ্ট দাম বা সময় যখন ট্রেডার মার্কেটে প্রবেশ করে।
Murphy-
এর মতে:

“Timing the entry is as important as choosing the right trade setup. A good entry can significantly enhance risk-reward ratio.”

মূল লক্ষ্য:

  • Market trend বা price action অনুযায়ী সঠিক সময়ে position নেওয়া
  • Risk কমানো, profit potential বাড়ানো

🔵 এন্ট্রি পয়েন্ট নির্ধারণের কৌশল

Murphy প্রধানত ৪টি প্রধান কৌশল ব্যাখ্যা করেছেন:

A. Breakout Entry

  • Price pattern (triangle, flag, channel) ভেঙে বের হলে entry
  • High volume + candle close outside pattern → Strong signal
  • Stop-loss: প্যাটার্নের বিপরীত দিকে

B. Pullback Entry

  • Trend continuation  minor retracement
  • Support / trendline / MA থেকে price bounce → Enter
  • Advantage: Better risk-reward ratio, smaller stop-loss

C. Indicator-based Entry

  • Moving Average crossover, MACD crossover, RSI oversold/overbought → Signal
  • Example: Price > 50-day MA + MACD bullish crossover → Enter buy

D. Price Action Entry

  • Candlestick patterns (Engulfing, Pin Bar, Hammer)
  • Support/Resistance, trendlines, and volume confirmation
  • Example: Bullish engulfing at key support + high volume → Enter buy

🔵 এক্সিট পয়েন্ট (Exit Point) কী?

Exit Point হলো সেই দাম বা সময় যখন ট্রেডার position বন্ধ করে।
Murphy 
বলেন:

“A well-planned exit protects profits and limits losses. Knowing when to get out is as important as knowing when to get in.”


🔵 এক্সিট পয়েন্ট নির্ধারণের কৌশল

A. Profit Target (Take Profit)

  • Price action projection
  • Pattern height projection (Triangles, Head & Shoulders)
  • Key support/resistance levels
  • Risk:Reward ratio অনুযায়ী target নির্ধারণ (1:2 বা 1:3 common)

B. Stop-Loss (SL)

  • Entry থেকে বিপরীত দিকে সীমিত ক্ষতি
  • Trendline, MA, swing high/low, ATR-based SL
  • Murphy বলেন: Always define SL before entering trade

C. Trailing Stop

  • Trend-following trade  dynamic exit
  • Price favorable direction  গেলে SL move করে → Profit protect
  • Example: Uptrend → SL below recent swing low

D. Time-based Exit

  • Short-term trades → Predetermined time limit
  • Avoid overnight / weekend exposure if undesired

🔵 ) Practical Examples

Scenario 1: Bullish Breakout Trade

  • Triangle resistance ভেঙেছে + high volume
  • Entry: Candle close outside resistance
  • Stop-loss: Below pattern low
  • Take Profit: Pattern height projection → Exit

Scenario 2: Pullback Trade in Uptrend

  • Price retraces to 50-day MA support
  • Bullish engulfing candle + moderate volume
  • Entry: Bounce confirmation
  • Stop-loss: Below MA
  • Take Profit: Next resistance level

Scenario 3: Trend-following Exit

  • Uptrend, price moves favorably
  • SL trailed below swing lows
  • Exit when trend reversal candlestick appears

🔵 ) Murphy-এর মূল নীতি

1.     Entry এবং exit pre-planned → Discipline

2.     Trend, volume, price action, indicator মিল → High probability trade

3.     Risk management paramount → SL & target defined

4.     Avoid emotional exit → Stick to plan


🔵 ) Quick Summary Table

Concept

Purpose

Key Points

Entry Point

Market entry timing

Breakout, Pullback, Indicator, Price Action

Exit Point

Protect profit / limit loss

Profit target, Stop-loss, Trailing stop, Time-based

Risk Management

Reduce loss, maximize reward

Always predefine SL & TP

Trend Confirmation

Trade reliability

Trend + Volume + Pattern + Indicator


Murphy-এর মূল দর্শন:

“A well-timed entry with a disciplined exit is the backbone of successful trading.”

📢 শেয়ার করুন  সাবস্ক্রাইব করুন

এই গাইডটি আপনার বন্ধুদের সাথে শেয়ার করুন যারা ট্রেডিং শিখতে চান!
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