Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for...

29
The 4 Step Process for FOREX Trading Mastery

Transcript of Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for...

Page 1: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

The 4 Step Process forFOREX

Trading Mastery

Page 2: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

The 4 Step Process for FOREX Trading Mastery

1. Identifying Market Condition

2. Identifying a Trade Set-Up

Steps 1 & 2 were discussed in the 2nd Video…

3. Determining Trade Entry

Look for a Powerful Price Pattern at SUPPORT (in an UPTREND) or at RESISTANCE (in a DOWNTREND) offering a high probability low-risk entry?

4. Trade Management

Place Initial Stop Loss outside of the normal “ebb and flow” of the market… just below SUPPORT in an UPTREND or just above RESISTANCE in a DOWNTREND and pay yourself as the market makes money available to you and take profits at high probability logical attainable levels.

Page 3: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Many traders believe that trying to catch a market top or market bottom is where the real

money is.

I disagree…

Page 4: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Catching just a little piece and/or a much larger piece of the TREND adds up and is

easier to do with a high probability of success.

Page 5: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Now, let me show you

3 Powerful Price Patternsfor entering high probability low risk trades

that not only work in the FOREX market,but ALL markets.

Page 6: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

3) Determining Trade Entry

Page 7: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Powerful FOREXPrice Patterns

Page 8: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Here are a few Powerful FOREX Price Patternsthat are very reliable and predictable when trading at logical SUPPORT & RESISTANCE

in a defined TREND…

Page 9: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

BULLISH Powerful FOREX Price Patterns

These BULLISH Powerful FOREX Price Patterns at logical SUPPORT in an UPTREND offer high probability low risk trading opportunities. They

make LONG entries into the market very reliable and predictable, while at the same time reducing risk to a minimum.

IVB(at Support)

Bullish “Quasi” Engulfing Pattern

“Neutral” Harami(at Support)

BullishBOB

Bullish “Quasi” Hammer

BullishOVB

Page 10: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

BEARISH Powerful FOREX Price Patterns

These BEARISH Powerful FOREX Price Patterns at logical RESISTANCE in a DOWNTREND offer high probability low risk trading opportunities.

They make SHORT entries into the market very reliable and predictable, while at the same time reducing risk to a minimum.

IVB(at Resistance)

Bearish “Quasi” Engulfing Pattern

“Neutral” Harami(at Resistance)

BearishBOB

Bearish “Quasi” Hammer

BearishOVB

Page 11: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

4) Trade Management

Page 12: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Trading Strategies

Page 13: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Bullish Outside Vertical Bar (BUOVB) /Bullish “Quasi” Engulfing Pattern

The HIGH and LOW must exceed the Prior Bar’s HIGH and LOW and the CLOSE must close in Top Quarter of the Bar’s Range

ONLY USED at logical SUPPORT in an established UPTREND

ISL

BUY ENTRY

PROFIT OBJECTIVE(1X Range of BUOVB)

ISL

BUY ENTRY

PROFIT OBJECTIVE(1X Range of Engulfing Candle)

Page 14: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Bearish Outside Vertical Bar (BUOVB) /Bearish “Quasi” Engulfing Pattern

The HIGH and LOW must exceed the Prior Bar’s HIGH and LOW and the CLOSE must close in Bottom Quarter of the Bar’s Range

ONLY USED at logical RESISTANCE in an established DOWNTREND

ISL

SELL ENTRY

PROFIT OBJECTIVE(1X Range of BEOVB)

ISL

SELL ENTRY

PROFIT OBJECTIVE(1X Range of Engulfing Candle)

Page 15: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Inside Vertical Bar (IVB) at SUPPORT /Bullish Harami Pattern

The HIGH and LOW (BOTH) must be INSIDE the Prior Bar’s Range (the HIGH is lower than the Prior Bar’s HIGH and the LOW is higher than the Prior Bar’s LOW)

ONLY USED at logical SUPPORT in an established UPTREND It does NOT MATTER where the bar closes

ISL

BUY ENTRY

PROFIT OBJECTIVE(2X Range of IVB)

ISL

BUY ENTRY

PROFIT OBJECTIVE(2X Range of IVB)

Page 16: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Inside Vertical Bar (IVB) at RESISTANCE /Bearish Harami Pattern

The HIGH and LOW (BOTH) must be INSIDE the Prior Bar’s Range (the HIGH is lower than the Prior Bar’s HIGH and the LOW is higher than the Prior Bar’s LOW)

ONLY USED at logical RESISTANCE in an established DOWNTREND It does NOT MATTER where the bar closes

ISL

SELL ENTRY

PROFIT OBJECTIVE(2X Range of IVB)

ISL

SELL ENTRY

PROFIT OBJECTIVE(2X Range of IVB)

Page 17: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Bullish Blow-Off Bar Bar (BUBOB) /Bullish “Quasi” Hammer Pattern

The Bar’s Range must be 125% larger than the prior 3 to 5 bars, the OPEN and CLOSE must be in the Top Quarter of the Bar’s Range, and the LOW of the Bar must be below Prior Bar’s LOW

ONLY USED at logical SUPPORT in an established UPTREND

ISL

BUY ENTRY

PROFIT OBJECTIVE(1X Range of BUBOB)

ISL

BUY ENTRY

PROFIT OBJECTIVE(1X Range of BUBOB)

Page 18: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

Bearish Blow-Off Bar Bar (BEBOB) /Bearish “Quasi” Shooting Star Pattern

The Bar’s Range must be 125% larger than the prior 3 to 5 bars, the OPEN and CLOSE must be in the Bottom Quarter of the Bar’s Range, and the HIGH of the Bar must be above Prior Bar’s HIGH

ONLY USED at logical RESISTANCE in an established DOWNTREND

ISL

SELL ENTRY

PROFIT OBJECTIVE(1X Range of BEBOB)

ISL

SELL ENTRY

PROFIT OBJECTIVE(1X Range of BEBOB)

Page 19: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

MRAL

NH

NH

NL

NL

Page 20: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

MRAL

NH

NH

NL

NH

NH

Page 21: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

NH

NH

NH

Page 22: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

NL

NL

NL

Page 23: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

NH

NL

NH

NL

NL

NL

MRAL

Page 24: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

NL

NH

NH

NL

MRAH

NL

NH

NH

Page 25: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

NH

NH NHNH

NH

NH

Page 26: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

NL

NL

NL

NL

NL

Page 27: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

The 4 Step Process for FOREX Trading Mastery

1. Identifying Market Condition

Is the market in an UPTREND, DOWNTREND, or SIDEWAYS Trading Range?

2. Identifying a Trade Set-Up

Is the market trading at logical SUPPORT in an UPTREND or at logical RESISTANCE in a DOWNTREND?

3. Determining Trade Entry

Look for a Powerful Price Pattern at SUPPORT (in an UPTREND) or at RESISTANCE (in a DOWNTREND) offering a high probability low-risk entry?

4. Trade Management

Place Initial Stop Loss outside of the normal “ebb and flow” of the market… just below SUPPORT in an UPTREND or just above RESISTANCE in a DOWNTREND and pay yourself as the market makes money available to you and take profits at high probability logical attainable levels.

Page 28: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

No claim is made by Trading Concepts, Inc. that the trading strategies shown here will result inprofits and will not result in losses. Trading may not be suitable for all recipients of thisTraining Program. All comments, trading strategies, techniques, concepts and methods shownwithin our Course are not and should not be construed as an offer to buy or sell foreigncurrencies, stocks, ETFs, futures, and/or options – they are opinions based on marketobservation and years of experience. Therefore, the thoughts expressed are not guaranteed toproduce profits in any way. All opinions are subject to change without notice. Eachtrader/investor is responsible for his/her own actions, if any. Your opt-in to this informationconstitutes your agreement to this disclaimer and exempts Trading Concepts, Inc. from anyliability or litigation.

Legal Disclaimer

Page 29: Trading Mastery - Amazon S3s3.amazonaws.com/Forex-Launch/Nov-2014/PPT3... · The 4 Step Process for FOREXTrading Mastery 1. Identifying Market Condition 2. Identifying a Trade Set-Up

All rights reserved.

This Training Program, or parts thereof, may not be reproduced in any form without the prior written permission of Trading Concepts, Inc.