This document provides an outline and overview of an advanced forex trading course. The course will cover topics like market analysis steps, bias determination, traders dynamic index confirmation tool, golden patterns, resets anatomy, trading psychology, and intraday trading strategies. It emphasizes the importance of timeframes, moving averages, levels analysis, and counting levels to determine market structure and trading opportunities. The instructor assumes students have basic forex knowledge and will focus on more advanced concepts to help students improve their trading consistency, discipline, and ultimately profits.
Swing trading involves holding open positions for periods of several hours to several days in order to profit from price fluctuations while minimizing transactions. It requires patience, experience with financial transactions, technical analysis skills, risk management abilities, and flexibility. Some advantages include lower stress, minimal time and cost commitments, and potential for larger profits relative to risks. However, it also carries risks of sudden trend reversals and is not suitable for beginners. Successful swing trading strategies include entering positions when immediate profit is indicated, using stop losses, and closing losing positions each day while letting winning trades continue.
Opening range breakout trading strategyNasir Tareen
The document discusses strategies for trading opening range breakouts. It defines the opening range as the high and low prices established within the first hour, 30 minutes, 15 minutes, or even one minute after the market opens. It recommends taking long signals if the price breaks above the high of the opening range or short signals if the price breaks below the low of the opening range. Additional factors like volume, daily chart trends, and catalysts can improve the odds of a successful trade. An example trade is presented to illustrate how to profit from an opening range breakout.
B.I.G. Institutional Forex Trading System #2HisExcellency3
This document provides an overview of technical analysis strategies and tips for forex trading. It discusses the TDI indicator and how it can be used to identify divergences. It outlines criteria for identifying high probability "M or W" patterns on charts, including that they must be away from peaks and have ema crossovers. Examples are given of trading these patterns on the M15 timeframe for intraday trades or H1 timeframe for swing trades. Risk management principles like risking 3-5% per trade are also covered. The document provides a template for a forex trading business plan and discusses trading large accounts with a maximum risk of 0.5% per trade.
New point and figure charting capabilities on Metatrader 4 platform. If you trade on MT4, chances are you do not have point and figure chart on the standard software package. Newly launched indicator allows advanced point and figure charting on any forex brokerage with Metatrader4. Free download of indicator for limited time only.
Rocky yaman professional technical analysis & market readingPower Point
This document provides an overview of professional technical analysis and market reading. It discusses analyzing the market to understand present behavior and predict future changes in order to consistently profit. While 95% of traders fail due to not understanding how the market communicates, analysis can help by observing indicators and charts to determine the market's order flow, trend structure, and key levels. Specifically, it is important to analyze whether the market momentum is impulsive or corrective, and if the trend is volatile or non-volatile in order to know the best times to enter or exit the market. The document emphasizes understanding market behaviors by viewing charts as a graphical representation of how fundamental events affect prices.
Lesson BTF116. Binary Options Trading Strategy Orlando G
We have come a long way in this first video lesson series, we have learned all the basic concepts in technical analysis, starting from the information behind candlesticks to chart patterns and breakout and bounce trading.
The document provides information on the author's trading edge methodology for the forex market. It discusses the three pillars of methodology with an edge, sensible money management, and strong willpower. It then outlines various money management rules including position sizing, risk limits, and profit taking. It describes the author's medium/long term trend trading and trend reversal trading methodologies including time frames, currency pairs, trade setups involving chart patterns and indicators, trade plans involving entry, stops and targets. It concludes with describing the author's daily, weekly and monthly routines for analysis and trade journaling.
Swing trading involves holding open positions for periods of several hours to several days in order to profit from price fluctuations while minimizing transactions. It requires patience, experience with financial transactions, technical analysis skills, risk management abilities, and flexibility. Some advantages include lower stress, minimal time and cost commitments, and potential for larger profits relative to risks. However, it also carries risks of sudden trend reversals and is not suitable for beginners. Successful swing trading strategies include entering positions when immediate profit is indicated, using stop losses, and closing losing positions each day while letting winning trades continue.
Opening range breakout trading strategyNasir Tareen
The document discusses strategies for trading opening range breakouts. It defines the opening range as the high and low prices established within the first hour, 30 minutes, 15 minutes, or even one minute after the market opens. It recommends taking long signals if the price breaks above the high of the opening range or short signals if the price breaks below the low of the opening range. Additional factors like volume, daily chart trends, and catalysts can improve the odds of a successful trade. An example trade is presented to illustrate how to profit from an opening range breakout.
B.I.G. Institutional Forex Trading System #2HisExcellency3
This document provides an overview of technical analysis strategies and tips for forex trading. It discusses the TDI indicator and how it can be used to identify divergences. It outlines criteria for identifying high probability "M or W" patterns on charts, including that they must be away from peaks and have ema crossovers. Examples are given of trading these patterns on the M15 timeframe for intraday trades or H1 timeframe for swing trades. Risk management principles like risking 3-5% per trade are also covered. The document provides a template for a forex trading business plan and discusses trading large accounts with a maximum risk of 0.5% per trade.
New point and figure charting capabilities on Metatrader 4 platform. If you trade on MT4, chances are you do not have point and figure chart on the standard software package. Newly launched indicator allows advanced point and figure charting on any forex brokerage with Metatrader4. Free download of indicator for limited time only.
Rocky yaman professional technical analysis & market readingPower Point
This document provides an overview of professional technical analysis and market reading. It discusses analyzing the market to understand present behavior and predict future changes in order to consistently profit. While 95% of traders fail due to not understanding how the market communicates, analysis can help by observing indicators and charts to determine the market's order flow, trend structure, and key levels. Specifically, it is important to analyze whether the market momentum is impulsive or corrective, and if the trend is volatile or non-volatile in order to know the best times to enter or exit the market. The document emphasizes understanding market behaviors by viewing charts as a graphical representation of how fundamental events affect prices.
Lesson BTF116. Binary Options Trading Strategy Orlando G
We have come a long way in this first video lesson series, we have learned all the basic concepts in technical analysis, starting from the information behind candlesticks to chart patterns and breakout and bounce trading.
The document provides information on the author's trading edge methodology for the forex market. It discusses the three pillars of methodology with an edge, sensible money management, and strong willpower. It then outlines various money management rules including position sizing, risk limits, and profit taking. It describes the author's medium/long term trend trading and trend reversal trading methodologies including time frames, currency pairs, trade setups involving chart patterns and indicators, trade plans involving entry, stops and targets. It concludes with describing the author's daily, weekly and monthly routines for analysis and trade journaling.
This document discusses trading patterns and techniques for identifying opportunities in the market. It emphasizes looking for repeating patterns in price movements and focusing on waves of retracement and extension. Common trader biases are outlined, and it is recommended to choose waves based on technical indicators like the 50-day and 200-day moving averages. Examples are provided of analyzing charts to identify trading opportunities based on range breaks, retests of support/resistance levels, and Fibonacci retracements.
This document provides guidance on developing an effective trading plan based on price action analysis. It emphasizes allowing the chart to tell its story through identifying trends, support and resistance levels, and chart patterns. Traders are advised to select markets that show the clearest price direction and strongest conviction. A detective-like approach is recommended to stack the odds in the trader's favor through establishing position bias and confluence between different technical indicators. The document stresses the importance of planning trades in advance by defining the chosen market, timeframe, strategy, entry and exit rules, and money management before trading the plan.
The document provides tips for using a trading journal effectively. It explains that optimistic, pessimistic, and realistic traders can all benefit from keeping a journal to track what trading strategies and patterns have worked best for their style. The journal allows traders to identify the most profitable times of day and setups to focus on. Analyzing past trades in a journal is key to developing a set of rules tailored to each individual trader.
The document discusses how the Commitments of Traders (COT) report can be used to help determine when a market trend is ending and a new trend is starting. It explains that the COT report details the long and short positions of different trader types, including commercial traders, who are trend starters and enders, and non-commercial traders, who are trend followers. It describes how the positions of commercial traders in particular can provide clues about future market direction. The document illustrates how to interpret COT data through the use of indices and provides examples of how analyzing the COT report has successfully identified trend changes in currencies like the Australian dollar and commodities like gold in the past.
OFTC Lesson 1 - Introduction To Order Flow.pdfssuserf085a81
Michael Valtos provides a course on order flow trading based on the order flow strategies he has developed over 20 years of trading futures markets. He does not use indicators like moving averages and relies solely on his own order flow method. The course introduces order flow trading, which analyzes the buy and sell orders in the market to determine if buyers or sellers are in control. It focuses on reading order flow charts to anticipate price movements in real-time rather than trying to predict the market. The next lesson will discuss different order flow software options for traders.
- FOREX (Foreign Exchange Market) involves trading currencies from different countries based on their value fluctuations daily. Banks, corporations, investors trade currencies to offset losses, reduce costs, or earn supplemental income.
- Currency values are affected by interest rates, employment levels, and other economic factors of the related countries. Traders make profits by buying low and selling high, earning pips (1/100 of a penny) on trades.
- Technical analysis tools like candlestick patterns, support/resistance, trends, Fibonacci retracements are used to identify good entry/exit points for trades. Consistency in gaining 20 pips per day can yield substantial monthly profits depending on one's investment amount.
This document provides an overview of market sentiment, volume, entry and exit strategies, stop-losses, and trading platforms for week 1 of a trading course. It defines market sentiment as the prevailing attitude of investors and lists some common sentiment indicators. Volume is described as important for confirming price moves. The "buy the rumor, sell the news" strategy is outlined. Entry points, exit points, and profit goals are presented as components of a trading plan. Finally, popular trading platforms like Webull, Robinhood, and Thinkorswim are introduced.
This document introduces the MagicBreakout forex trading strategy. It is summarized as follows:
1) The strategy aims to enter the market before breakouts occur by using the CCI indicator to signal when to enter trades. This allows traders to enter positions before the crowd of momentum traders.
2) Detailed rules are provided for both entry and exit including identifying trends using EMAs, setting entry criteria using CCI crossovers, and taking profits and stops using Fibonacci retracement levels.
3) Following the strategy and strict money management is touted as the key to achieving consistent profits that grow exponentially over time. Additional paid strategies and software are promoted as helping automate the system.
This document provides an overview of price action trading. It defines price action trading as basing trading decisions solely on price movements and patterns, without using indicators. Price action traders believe the only true information comes from price itself. Common price action strategies include breakouts, where the price breaks out of a range or pattern. Benefits are that strategies are simple and entries/exits are often favorable compared to lagging indicators. Drawbacks include difficulty automating and not knowing if an upward moving price will continue rising.
Rules to Trading NFP - Foreign Exchange Rates TradingLando Graham
Non-Farm Payrolls (NFP) measures the change in the number of people employed during the previous month, excluding the farming industry.
Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.
Discover how to trade NFP like a pro without getting killed by the markets.
Top 8 Forex Trading Strategies That Pro Traders UseSyrous Pejman
In this slideshow find the best Forex trading strategies including chart patterns, price rejection, correlation trading, volume-price analysis, long term daily and weekly trading, news and sentiment trading strategies. Besides, you will learn the best money and risk management methods and also the best advice by the experts to control your psychology during your trades.
Day trading can be challenging due to intraday market noise and the unreliability of short timeframes. Short-term charts are prone to fake breakouts and stop-hunting by brokers. Day traders also miss out on profits by cutting winners short and face risks from micro news and commentary. To improve results, traders should get education on day trading tools and strategies, practice extensively on a demo account, and use tight stops and position sizing to manage risk.
This document introduces the Core Master Trading Strategies course from Online Finance Academy. The course teaches professional trading strategies and techniques over multiple parts, including understanding market behavior, technical analysis using charts and indicators, identifying high-probability trade setups, risk management, and psychology. It is taught by experienced traders and aims to help students develop their skills and careers in trading. Completing this course is the starting point for further specialized courses offered by the Academy.
The document provides an introduction to trading concepts used by "smart money" institutions like banks and market makers. It discusses liquidity levels where many retail traders place stop losses and how institutions sweep through these areas. It also covers order blocks, which are price areas where large banks have placed buy or sell orders, causing large price swings. The document teaches how to identify liquidity levels and order blocks to anticipate big market moves and set trade entries and profit targets. It promotes joining the author's trading Discord for daily trade signals and education on additional strategies.
Choosing Between Day Trading vs Swing Trading for Beginners.pptxShubhamKumar758510
Embarking on a trading journey can be both exhilarating and overwhelming, especially for newcomers. If you’re a beginner, understanding the nuances of different trading styles is paramount. In this comprehensive guide, we’ll delve into the critical decision of Trading for Beginners Comparison, focusing on the two primary approaches: day trading and swing trading. Whether you’re intrigued by the fast-paced nature of day trading or the more relaxed pace of swing trading, we’ll break down the pros and cons of each. Plus, we’ll explore how Ailtra.ai can assist novice traders in making informed choices, providing valuable insights to kickstart their trading adventures.
Lesson BTF110. Chart Patterns for Binary TradingOrlando G
On this lesson we will go through the most basic patterns you can find on your charts and with time and practice you will be able to spot them with the naked eye.
The best stock market training will give you a comprehensive understanding of financial stock marketing. We have stock market instructors who have been given professional training. Our instructors are qualified professional traders who are also experienced teachers. Our goal is to reach out to the general public, reduce their fears and change their perception of the stock market so that they know they can increase their income. Our goal is to become the most preferred stock market training centre.
This ppt describes how forex traders can use Metatrader 4 trading platform to automate trading breakout patterns. Trendline EA software assists by automating trade entry and exit when the breakout happen.
The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
This document discusses trading patterns and techniques for identifying opportunities in the market. It emphasizes looking for repeating patterns in price movements and focusing on waves of retracement and extension. Common trader biases are outlined, and it is recommended to choose waves based on technical indicators like the 50-day and 200-day moving averages. Examples are provided of analyzing charts to identify trading opportunities based on range breaks, retests of support/resistance levels, and Fibonacci retracements.
This document provides guidance on developing an effective trading plan based on price action analysis. It emphasizes allowing the chart to tell its story through identifying trends, support and resistance levels, and chart patterns. Traders are advised to select markets that show the clearest price direction and strongest conviction. A detective-like approach is recommended to stack the odds in the trader's favor through establishing position bias and confluence between different technical indicators. The document stresses the importance of planning trades in advance by defining the chosen market, timeframe, strategy, entry and exit rules, and money management before trading the plan.
The document provides tips for using a trading journal effectively. It explains that optimistic, pessimistic, and realistic traders can all benefit from keeping a journal to track what trading strategies and patterns have worked best for their style. The journal allows traders to identify the most profitable times of day and setups to focus on. Analyzing past trades in a journal is key to developing a set of rules tailored to each individual trader.
The document discusses how the Commitments of Traders (COT) report can be used to help determine when a market trend is ending and a new trend is starting. It explains that the COT report details the long and short positions of different trader types, including commercial traders, who are trend starters and enders, and non-commercial traders, who are trend followers. It describes how the positions of commercial traders in particular can provide clues about future market direction. The document illustrates how to interpret COT data through the use of indices and provides examples of how analyzing the COT report has successfully identified trend changes in currencies like the Australian dollar and commodities like gold in the past.
OFTC Lesson 1 - Introduction To Order Flow.pdfssuserf085a81
Michael Valtos provides a course on order flow trading based on the order flow strategies he has developed over 20 years of trading futures markets. He does not use indicators like moving averages and relies solely on his own order flow method. The course introduces order flow trading, which analyzes the buy and sell orders in the market to determine if buyers or sellers are in control. It focuses on reading order flow charts to anticipate price movements in real-time rather than trying to predict the market. The next lesson will discuss different order flow software options for traders.
- FOREX (Foreign Exchange Market) involves trading currencies from different countries based on their value fluctuations daily. Banks, corporations, investors trade currencies to offset losses, reduce costs, or earn supplemental income.
- Currency values are affected by interest rates, employment levels, and other economic factors of the related countries. Traders make profits by buying low and selling high, earning pips (1/100 of a penny) on trades.
- Technical analysis tools like candlestick patterns, support/resistance, trends, Fibonacci retracements are used to identify good entry/exit points for trades. Consistency in gaining 20 pips per day can yield substantial monthly profits depending on one's investment amount.
This document provides an overview of market sentiment, volume, entry and exit strategies, stop-losses, and trading platforms for week 1 of a trading course. It defines market sentiment as the prevailing attitude of investors and lists some common sentiment indicators. Volume is described as important for confirming price moves. The "buy the rumor, sell the news" strategy is outlined. Entry points, exit points, and profit goals are presented as components of a trading plan. Finally, popular trading platforms like Webull, Robinhood, and Thinkorswim are introduced.
This document introduces the MagicBreakout forex trading strategy. It is summarized as follows:
1) The strategy aims to enter the market before breakouts occur by using the CCI indicator to signal when to enter trades. This allows traders to enter positions before the crowd of momentum traders.
2) Detailed rules are provided for both entry and exit including identifying trends using EMAs, setting entry criteria using CCI crossovers, and taking profits and stops using Fibonacci retracement levels.
3) Following the strategy and strict money management is touted as the key to achieving consistent profits that grow exponentially over time. Additional paid strategies and software are promoted as helping automate the system.
This document provides an overview of price action trading. It defines price action trading as basing trading decisions solely on price movements and patterns, without using indicators. Price action traders believe the only true information comes from price itself. Common price action strategies include breakouts, where the price breaks out of a range or pattern. Benefits are that strategies are simple and entries/exits are often favorable compared to lagging indicators. Drawbacks include difficulty automating and not knowing if an upward moving price will continue rising.
Rules to Trading NFP - Foreign Exchange Rates TradingLando Graham
Non-Farm Payrolls (NFP) measures the change in the number of people employed during the previous month, excluding the farming industry.
Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.
Discover how to trade NFP like a pro without getting killed by the markets.
Top 8 Forex Trading Strategies That Pro Traders UseSyrous Pejman
In this slideshow find the best Forex trading strategies including chart patterns, price rejection, correlation trading, volume-price analysis, long term daily and weekly trading, news and sentiment trading strategies. Besides, you will learn the best money and risk management methods and also the best advice by the experts to control your psychology during your trades.
Day trading can be challenging due to intraday market noise and the unreliability of short timeframes. Short-term charts are prone to fake breakouts and stop-hunting by brokers. Day traders also miss out on profits by cutting winners short and face risks from micro news and commentary. To improve results, traders should get education on day trading tools and strategies, practice extensively on a demo account, and use tight stops and position sizing to manage risk.
This document introduces the Core Master Trading Strategies course from Online Finance Academy. The course teaches professional trading strategies and techniques over multiple parts, including understanding market behavior, technical analysis using charts and indicators, identifying high-probability trade setups, risk management, and psychology. It is taught by experienced traders and aims to help students develop their skills and careers in trading. Completing this course is the starting point for further specialized courses offered by the Academy.
The document provides an introduction to trading concepts used by "smart money" institutions like banks and market makers. It discusses liquidity levels where many retail traders place stop losses and how institutions sweep through these areas. It also covers order blocks, which are price areas where large banks have placed buy or sell orders, causing large price swings. The document teaches how to identify liquidity levels and order blocks to anticipate big market moves and set trade entries and profit targets. It promotes joining the author's trading Discord for daily trade signals and education on additional strategies.
Choosing Between Day Trading vs Swing Trading for Beginners.pptxShubhamKumar758510
Embarking on a trading journey can be both exhilarating and overwhelming, especially for newcomers. If you’re a beginner, understanding the nuances of different trading styles is paramount. In this comprehensive guide, we’ll delve into the critical decision of Trading for Beginners Comparison, focusing on the two primary approaches: day trading and swing trading. Whether you’re intrigued by the fast-paced nature of day trading or the more relaxed pace of swing trading, we’ll break down the pros and cons of each. Plus, we’ll explore how Ailtra.ai can assist novice traders in making informed choices, providing valuable insights to kickstart their trading adventures.
Lesson BTF110. Chart Patterns for Binary TradingOrlando G
On this lesson we will go through the most basic patterns you can find on your charts and with time and practice you will be able to spot them with the naked eye.
The best stock market training will give you a comprehensive understanding of financial stock marketing. We have stock market instructors who have been given professional training. Our instructors are qualified professional traders who are also experienced teachers. Our goal is to reach out to the general public, reduce their fears and change their perception of the stock market so that they know they can increase their income. Our goal is to become the most preferred stock market training centre.
This ppt describes how forex traders can use Metatrader 4 trading platform to automate trading breakout patterns. Trendline EA software assists by automating trade entry and exit when the breakout happen.
Similar to B.I.G. Institutional Forex Trading System (20)
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2. Introduction
• Hello and welcome to Bunnex Investment Group.
• My name is Sidney Bunu and I will be your mentor in your trading
journey.
• A bit about myself;
• It took me over 4 years to be profitable in this business.
• I did Production Engineering.
• I am happy you considered to be my students, and I will work flat out to
push you to professional trading.
3. Cont..
• What we will discuss in the next lectures will give you an edge and
definitely profits in your trading.
• We are going to be taking at 60 to 90 minutes at most per lecture.
4. My Assumptions
• I am going to assume that you
1. Know the basics of forex trading as this is an advanced course
2. Understand the basic forex terms like stop loss, take profit
3. Undertake the basic MT4/MT5 operations.
5. The Road Map
• I have to make it clear here.
• If you are not serious this will never work for you.
• This course is for those who now need to see change in their trading and
willing to put in the work.
• By the end you will have the knowledge of swing and intraday trading in
line with the market makers.
• The choice will be up to you to find the style you will to focus on.
6. Course Outline
1. Timeframe Relationships
2. Market Analysis Steps
3. Bias Determination A EMA simplification theory (Bias Determination tool)
4. Bias Determination B Levels and resets concept
5. Traders Dynamic Index Confirmation tool
6. Our Golden Pattern and its confirmation
7. Resets anatomy
8. Trading Psychology
9. Guide to become a Prop Firm Trader
10. Simplied Intraday Trading Plan (strategy)
11. Trading business Model
7. The Right Trading Mindset
• No trading system under the sun is 100%.
• Trading is all about probabilities.
• It will need more than this system to make it to profitability.
• For you to be consistent in trading you need to be a consistent person.
• The steps you take everyday must always be the same in approaching
the market. (what time do you wake up, what time do you analyze, when
do you expect a trade).
8. The Trading Routine
• Like any other activity there are steps that you have to follow whenever
you are analyzing the markets.
• Here are a series of activities that must always be lined up before taking
any trade.
1. Plan
2. Monitor
3. Execute
9. Planning
• We have 3 sessions and depending on where you are in the world they
comes at different times.
• London 0700GMT
• New York 1300 GMT
• Planning involves pair scouting, analysis and creation of watchlist
10. Monitoring
• After pair scouting we will then create a watch list which is basically a
list of pairs we expect to see setups.
• We will need to clear everything from our terminals and monitor our
watch list.
• After a setup is issued we will then execute
11. Analysis Steps
1. BIAS
2. SETUP
3. EXECUTION
• Analysis must always be done 30 minutes before session opening
• A setup is expected after session opening
• A trade must be taken with the session
• Lets now dive deep in BIAS DETERMINATION.
12. Timeframe Relationship
• H1 is the the median timeframe.
• All timeframes below H1 are called strike zone timeframes and the
ones above are called directional bias timeframes.
• To successfully catch proper trends for both short and long term we
need to incorporate higher timeframes.
• All smaller timeframes are building blocks for the higher timeframes.
• Therefore what we enter on small timeframe must be a support of what
we want to achieve on the higher timeframe.
13. Bias Timeframes
• Monthly, weekly, Daily and H4 are the timeframes we use to see where
the market is going.
• This becomes the fundamental starting stage of our market analysis,
14. Strike Zone Timeframes
• The M15 is the best strike zone timeframe.
• This is the timeframe that allows us to get involved in the market moves.
• Entries on these timeframes must always be in support with the higher
timeframe bias.
15. MOVING AVERAGES AND THEIR COLOR CODES
• In institutional trading 5 emas are employed and they are all important
in our trading.
• These are
• 5 – Yellow
• 13 – Red
• 50 – Light Blue
• 200 – White
• 800 – Dark blue
16. EMA THOERY
• Whenever a lower period ema crosses a higher period ema price
pullbacks to the higher period ema whenever levels of the preceding
timeframe are completed.
• This holds in all timeframes.
• Example: 13 crosses 50 EMA on H1 we expect price to come back to 50
ema.
• Example 2 : 200 crosses 800 on H4 we expect price to come back to 800
ema.
• As mentioned earlier that the smaller timeframes are building blocks of
the higher timeframe so as the ema crossovers.
19. Levels definition
• Levels are defined as market impulsive moves after a consolidation or
price pullbacks.
• These are the manipulative moves available for the market makers to
book their profits and accumulate new contracts.
• Level exists in all timeframes, however smaller timeframes are building
blocks of higher timeframes.
• Mastering the concept of drawing levels one will have some sort of
predicting power of the markets.
20. Cont..
• Each time price moves down a level they can be referred to as achieving
or making either a Level I, Level II or a Level III move.
1. "After a big drop the market must chop"
2. "After three days of drop the market must chop"
3. "After a big rise the market needs more guys"
4. "After three days of rise the market needs more guys"
5. At level 3 we stay almost forever in consolidation
• This just means after a rise or drop the market needs more guys for
more liquidity
21. Levels and timeframes
• Also, it is again worth remembering that the patterns are similar in
different time frames.
• M15 levels are impulses
• H1 levels are days
• H4 levels are weeks
• D1 levels are months
• W1 levels are years
22. The special Number
• Nomatter the timeframe, levels are combined in 3s to form a cycle.
• 3 impulsive moves separated with a consolidation or a pullback gives us
a market maker cycle.
• Therefore we have to respect the fact that a complete cycle comes after 3
levels are issued.
• So, to win in the market you should only take a long position when the
LOD/HOD is clear.
24. Levels as building blocks
• In trading it is wise to carry out top down analysis.
• This is a process of acquiring the market bias on the higher timeframe
and then going to smaller timeframes and try to build logical blocks in
building the higher timeframe bias.
• It should be noted that the forex market has vast trading pairs and as
wise traders we must not find ourselves confined in structures we do
not understand.
• Some pair are crosses which are only meant to support trade between
nations and their structures poses great difficulty in analyzing them.
25. Counting levels
• Before we learn how to count levels we need to know why we do that.
• Reasons for counting levels,
• To know where we are in the cycle.
• To prepare ourselves for market reversals
• To know how long to stay in the market.
• To get in the market.
26. Level counting
• To properly count levels we need to start at
1. PFL or PFH
• This is the lowest or highest point of the previous cycle
1. Previous Zone of reversal
• From of previous reset
27. Hacks in Counting levels
• First Cycle
• Level 1 13-50 ema cross
• Level 2 50-200 ema cross
• Level 3 price bounce on 13 ema or 50 ema
• After Reset 1
• Level 1 13-50 ema cross
• Level 2 bounce on 13 ema or 50 ema
• Level 3 price bounce on 13 ema