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Lecture 1
Lets Make Money
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.
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.
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.
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.
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
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).
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
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
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
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.
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.
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,
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.
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
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.
Case Study
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.
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
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
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.
Levels Template H4 with H1 segments
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.
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.
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
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
First Cycle
Second Cycle
Next Lecture
1. Zones of Reversal
2. Market Structure
3. Points of Market Entry
4. Setups
5. Trading Psychology
6. Money Management
7. Trading checklist

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B.I.G. Institutional Forex Trading System

  • 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.
  • 18.
  • 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.
  • 23. Levels Template H4 with H1 segments
  • 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
  • 30. Next Lecture 1. Zones of Reversal 2. Market Structure 3. Points of Market Entry 4. Setups 5. Trading Psychology 6. Money Management 7. Trading checklist