
Explore forex advanced patterns, from ninja trader basics to harmonic moves, Gardley and butterfly patterns, and cipher patterns, with emphasis on support, resistance, and trend direction.
Learn to install ninja trader, configure charts with a demo account, place market and limit orders, set stops, and master hotkeys and drawing tools for forex trading.
Explore setting stops and targets with a custom strategy, adjust order quantities, and manage drawings and hot keys for efficient forex trading in Ninja Trader part 2.
Table of Contents
Structure
In this chapter you will learn the basics of structure. How the markets move, trend, direction, support and resistance and the higher high – higher close, lower low – lower close principal. You will start to set the foundation to the beginning of your trading business.
SectionsMaster the basics of market structure as the foundation of technical analysis, understanding how support and resistance shape price action and how break through or respect levels influence moves.
Identify and analyze support and resistance levels across multiple timeframes, drawing lines to map structure and observe how past price action predicts future moves.
Explore how trends move in three directions—bull uptrends, bear downtrends, and consolidation—highlighting higher highs and higher lows in uptrends, and lower highs and lows in downtrends, plus support and resistance.
Use the higher high higher close and low low low close principle to identify new structure highs and lows; a close above prior highs suggests continuation, but confirmation is required.
Follow the market moves by tracing obvious price action, identify higher highs with higher closes, lower lows with lower closes, and note exhaustion points and key support and resistance.
Table of Contents
Fibonacci
In this chapter we take a look at Fibonacci, who he was and what he is most known for. We go over what the Fibonacci sequence, Fibonacci retracement and extensions are, and learn how to draw them on a chart and implement it into our every day trading.
SectionsExplore fibonacci retracement and extension techniques, including inversion, using two methods from swing high to swing low and retracement to anticipate reversals and pauses.
Table of Contents
Harmonics and the AC=CD Pattern
In this chapter we go over Harmonics or the Harmonic pattern, we go over how to identify and find them in the market. We learn how we add the Fibonacci to the pattern and see how the AB=CD is formed.
Sections
Learn harmonic moves as equal-distance price moves across markets and timeframes, see how they differ from the APCP pattern that must touch the 38.2% line, and practice spotting larger moves.
Master the ab=cd and abc apc harmonic patterns, applying fibonacci retracements of 38.2%, 50%, and 61.8%, and respecting structure to predict market reversals.
Table of Contents
Improved technical analysis
In this chapter we up great ourselves from simple or basic to advanced or Improved as I like to call it. In this chapter we take a look at Improved technical analysis or advanced technical analysis as most would call it. We go over the more complex harmonic patterns such as the Gartley, the Bat and the Butterfly, we cover stops and targets and we also touch on the subject why some and most people fail when trading these kinds of patterns
SectionsExplore improved technical analysis and advanced price patterns in forex, including harmonic, Gartley, and butterfly, and learn to recognize patterns with structure, ratios, and indicators for precise stops and targets.
Learn how the Gartley pattern forms within market structure, using X and support and resistance to set entries, stops below X, and targets for practical pattern trades.
Explore the bat pattern in forex, its three retracements (x-a, a-b, b-c), and c-d completion at 88.6%, plus three stop placements and backtesting to find the best approach.
Master the bat pattern part 2 by understanding completion points and stop strategies, including 1:13 and hcr stops, and applying backtesting to refine risk management.
apply the butterfly pattern with 0.786 and 0.382 retracements and 1:27 extensions to identify reversal zones within the abc d framework, while ensuring a valid structure to place stops.
Learn to spot advanced forex patterns inside consolidation, like w-shaped tops and bottoms and butterfly patterns, identify obvious structure points, and apply retracement rules to validate patterns.
Identify the most obvious points of structure to anchor pattern drawing, avoid forcing patterns, and assess validity through clear price retracements and consistent structure across legs.
In This Course You Will Learn about how to trade the Improved ( Advanced ) Patterns. You will learn about Structure - Support and Resistance and the importance of structure when it comes to trading these patterns. In this course we learn about the Gartley, Bat, Butterfly and for a free bonus you will also learn how to trade the Cypher pattern. We learn how to place stops and targets on the patterns and how we should find them in the market. The terminology in this course is basic and you don't need to have any formal education. It is a step by step setup and I will lead you through it in a way that you will understand. The course is build up of PDF lectures and video explanations on every lecture. If you are interested in learning how to trade the Gartley, the Bat and The Butterfly and get the education around how and why they are formed in the markets, this is the course for you.