
Waves are nothing but moves of the Price action.. They happen for a reason and they become so clear to see on chart, then you get the confidence to trade with the flow_ ZigZag, Triangle, Flat .. they are all Corrective waves, just like pullbacks. Price can correct trough time or trough price.
Here is a short video representation explaining the best points, where to buy and sell.
Short Illustration to show how the short squeeze happens which makes price go faster, simply because it is fuelled by stop losses of those who happened to be on the wrong side of the market_ The interesting concept of "After a Buyer you become a Natural Seller" and "After being a Seller you happen to become a Natural Buyer"
Why M Patterns Double Top form in that way ? A lot of things happening, lots of interaction between buyers and sellers...The Institutions playing their tricks to take liquidity... And most important concept, After being a Buyer you become a Seller and after a Seller you become a get-Out-Buyer. Watch the Full Detailed Version in this lessons, how to locate profitable spots and trade it the right way.
I know i know, easy to say but when the moment comes, often traders looking at forex charts feel a sense of urge and at the same time a subtle fear of missing the move.. It is important to identify the Zone and finding an entry from there_ No worries about getting it right the first times you attempt to do so, practise will help you_
Once you learn this way of scanning for probable patterns, and you learn the market context, market structure, momentum.. You will be on you way to take precise Entry (Buy-Sell) and that will be the key to increase your confidence to become a profitable Trader
Here how I scan the markets, and catch a suitable opportunity after checking the market context, and parameters that I define in my trading journal and trading plan
Money Management is generally speaking the part that many traders like to ignore, or at least undervalue.
Those who are in a rush to make money, will get straight to the Strategies often forgetting that Risk Management is the key to succeed in your trading game. We become first of all Risk Managers, and this is the road to Consistency . A Risk Manager thinks how much he can lose, before dreaming how much he can win
This is the 2nd part of Money Management Risk-Reward
The market Participants, the Banks, Hedge Funds, Institutions, ... They all contribute to manipulate the price on the way up or down... It is important to recognise the footprint of the Big Money to take your trades in the same directions. Video displays my description of what happens when forex trades are taken with the feeling of Ephoria and then disappointment comes. Planning your trades and remaining cold at all times it what makes a real trader. Trade in the direction of the "Big Money Flow" try to take trades only when you see the right signs of supply and demand in your favour.
Psychology of trading, is nothing but you, first of all_! You are the Trader and the Executor of your Edge. Hence you need to understand those inner mechanism that make you do the things that you do, in the way you do it_ Psychology of trading, is nothing but you, first of all ! You are the Trader and the Executor of your Edge. Patience reinforces positive trading habits
Fear, Greed, over-analysing things on chart, procrastination and hope of a good trade without having done the work of a market structure analysis and possible visible patterns based with the long term and short term momentum ... All the bad habits can influence your trading journey. Patience effort and commitment will make your trading much better.
Trading Plan is a set of organised ideas and strategies that will help not to trade emotionally and stay focused on what you have ‘previously decided’. A perfect Trading Plan will take few weeks or even months to get established, so don’t be discouraged if in the beginning you find along the way things and some elements that were not included in it_
Practical examples of how to make a Trading plan in details. You don't need to make it as complex as the Trading plan I am using, however it will be nice to put as many details and you can.
It will be of great help to have a Trading journal to keep track of your trades and writing as many details as possible, and you’ll be surprised to see after few weeks or months, when looking back at it, all the mistake that you use to make and you’ll be laughing at it. I have taken a couple of past trades to show samples how to make the Trading Journal
Starting by identifying levels on a chart
This is one pattern that generally shows on chart in uptrend or downtrend
Triangles and Wegdes might look similar, and we need to be able to identify them in order to get some clues about what the market is telling us
This is one very popular patterns used among traders to determine the possible direction of the Trend after seeing this particular Shape on charts
One more candlestick pattern also popular where the body of the candle engulfs the previous candle.
One of my favourite patterns, which proves to be effective in most markets, as a possible signal to consider entering trades
Looking at a chart, try to Identify the main Trend, where the Money is flowing... get a Clue of what the Price is doing, and from there pay attention at which stage of the trend we might possibly be. Is it Up_? is it Down_? UP and pulling back_? Pausing temporarily_? With time you will develop the right Intuition to get you on the right track to trade well_
Normal principle of the chart are
1.Accumulation
2.Mark up phase
3.Distribution phase and
4.Mark down phase down again
These are the main principles of market structure
How to Recognise the movements of the market and understand in which phase we are in.
Illustrating how to performs a multi time frame analysis
How to use the checklist in relation to charts to see how to do the Top and Bottom analysis
We have quite a few types of Pullbacks in the Market
These Market movements are normal Dynamics that occur in any market...
Traders at some points need to collect profits, hence the importance to locate Pullbacks and profits with them_
They happen in particular stages where the market is trending in DT or UT,
instead of retracing to the moving average, the price makes an abnormal retrace.
I have assigned 2 new names to these patterns, so to better remember their action
The ABC, is the Pattern that made my trading life better, and contributed to maximize my profits. There is more to it. Learn the multiple strategies and patterns associated with this profitable techniques, in the full course
ABC reflects natural movement of the market.. when it does its Pull Backs Pullbacks can be considered as small trends inside the larger trend,
There are different type of Pb... Single leg Pb, Dbl Leg Pb and Multi Leg Pb
2nd Part of the ABC Pullback
Understanding the structure of Dbl Tops and Bottoms and why they form the way they are
EXTENDED DOUBLE TOPS,
EXTENDED (Right Leg Down) DOUBLE TOPS
Double top also callem an M Pattern, they come in a great variety of shapes
but essentially it is the same dynamic, when it comes to take an Entry
EXTENDED DOUBLE BOTTOMS,
EXTENDED (Right Leg UP) DOUBLE BOTTOMS
Double Bottom also called W pattern, which on charts can be seen with a few variations.
Explained in details how to take an Entry when spotting these types of Patterns
Practial sample on Charts how to take Trades
More Practial sample on Charts how to take Trades
This pattern formation will help to understand how fibonacci it is used
Another pattern formation that will also enrich your knowledge
of how to use fibonacci Retracements and Extensions
XABCD Bullish, calculate the Fibo for high probability trades. When you spot any of these forex patterns, be on the alert and be ready for profitable action_
Describing in details, what are the precise and most effective ways to trade this pattern
This is a preview of I generally deal with this type of profitable pattern... There are many ways how to take an entry on the smaller Tf, and these are all fully explained in the course. Rules and Pdf are included in this section.
Trades samples displayed on chart, by locating a possible pattern while it is forming and going on the smaller Tf to catch en Entry buy or sell
More Trades samples displayed on chart
More Trades samples displayed on chart
Description of what this type of Slingshot consists of
More Illustrations with shots taken from charts, on how to take trades
Analysing on chart and looking at how Range-Bases are formed and seeing the dynamics that happen inside them
Practising on charts how to take trade Entries
Type of basic entries on these patterns. For the detailed version pls subscribe to the full course
Using structured Forex trading systems that provide an edge across different market conditions can help you develop confidence and make informed trading decisions. With the right effort and discipline, you can build the proper mindset required to become a consistently profitable trader.
I believe students should begin their Forex education by first understanding the core components of trading. For this reason, I start with Risk Management, an introduction to Trading Psychology, how to create a Trading Plan, and how to maintain a Trading Journal.
Once you understand these foundational elements, it becomes much easier to apply what you have learned to the charts. You will then be able to follow Market Structure, understand Chart Context and Momentum, and combine various candlestick patterns with the strategies presented in this course.
If one or two strategies feel challenging at first, take the time to test and adapt them. The goal is to find an approach that aligns with your personality. Developing your own edge is essential to becoming a successful trader.
When you build strong foundations and align your strategy with your temperament, you create the proper framework for consistent performance.
Forex trading is ultimately about developing the right mindset — one that allows you to act with clarity, confidence, and discipline.