You said it is occuring in acidic solution, so what you have needs a slight adjustment.
The basic protocol for these equations is to balance non oxygen and non hydrogen atoms first.
OCl- ------> Cl-
Chlorine is balanced on both sides. Next, you balance oxygen by adding water.
OCl- -----> Cl- + H2O
Then, hydrogen is balanced with H+ ions
2H+ + OCl- ------> Cl- + H2O
Lastly, charge is balanced with e-. The left hand side of the equation has a charge of +1 and the right has -1. Add two electrons to the left hand side to make it -1 as well.
2H+ + OCl- + 2e- ----> Cl- +H2O
Next, the iron ion. The non-oxygen and non-hydrogen elements are balanced already.
Fe(2+) -------> Fe(3+)
Since there are no loose H or O, proceed directly to electrons.
Fe(2+) -------> Fe(3+) + e-
The equations are then multiplied to balance electrons on both sides so they cancel out when added. Add the equations together.
2Fe(2+) + 2H+ + OCl- -----> 2Fe(3+) + Cl- +H2O
Since this is occuring in acid solution, the H+ are left alone on the reactants side of the equation and you are done.
If this was taking place in basic solution, add a hydroxide to both sides to eliminate all of the H+ as water (In this case, 2OH- to both sides).
2Fe(2+) + 2H2O + OCl- ----> 2Fe(3+) + Cl- +H2O +2OH-
Eliminate the repeated waters to finish up the equation for basic solution.
2Fe(2+) + H2O + OCl- ----> 2Fe(3+) + Cl- +2OH-
This is the basic method that I was taught. The individual steps help a lot with understanding what to do.