market checker codes

//Codes by Chrismoody

study(title="CM_Williams_Vix_Fix_V3_Upper_Text-Plots", shorttitle="Market checker", overlay=true)
//Inputs Tab Criteria.
pd = input(22, title="LookBack Period Standard Deviation High")
bbl = input(20, title="Bolinger Band Length")
mult = input(2.0    , minval=1, maxval=5, title="Bollinger Band Standard Devaition Up")
lb = input(50  , title="Look Back Period Percentile High")
ph = input(.85, title="Highest Percentile - 0.90=90%, 0.95=95%, 0.99=99%")
new = input(false, title="-------Text Plots Below Use Original Criteria-------" )
sbc = input(false, title="Market Check")
sbcc = input(false, title="Show Text Plot if Buttom")
new2 = input(false, title="-------Text Plots Below Use FILTERED Criteria-------" )
sbcFilt = input(true, title="Show Text Plot For Filtered Entry")
sbcAggr = input(true, title="Show Text Plot For AGGRESSIVE Filtered Entry")
ltLB = input(40, minval=25, maxval=99, title="Long-Term Look Back Current Bar Has To Close Below This Value OR Medium Term--Default=40")
mtLB = input(14, minval=10, maxval=20, title="Medium-Term Look Back Current Bar Has To Close Below This Value OR Long Term--Default=14")
str = input(3, minval=1, maxval=9, title="Entry Price Action Strength--Close > X Bars Back---Default=3")
//Alerts Instructions and Options Below...Inputs Tab
new4 = input(false, title="-------------------------Turn On/Off ALERTS Below---------------------" )
new5 = input(false, title="----To Activate Alerts You HAVE To Check The Boxes Below For Any Alert Criteria You Want----")
sa1 = input(false, title=" choose what to alert")
sa2 = input(false, title="Market Check?")
sa3 = input(false, title="Confirm Entry?")
sa4 = input(false, title="Aggresive Entry?")

//Williams Vix Fix Formula
wvf = ((highest(close, pd)-low)/(highest(close, pd)))*100
sDev = mult * stdev(wvf, bbl)
midLine = sma(wvf, bbl)
lowerBand = midLine - sDev
upperBand = midLine + sDev
rangeHigh = (highest(wvf, lb)) * ph

//Filtered Bar Criteria
upRange = low > low[1] and close > high[1]
upRange_Aggr = close > close[1] and close > open[1]
//Filtered Criteria
filtered = ((wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and (wvf < upperBand and wvf < rangeHigh))
filtered_Aggr = (wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and not (wvf < upperBand and wvf < rangeHigh)

//Alerts Criteria
alert1 = wvf >= upperBand or wvf >= rangeHigh ? 1 : 0
alert2 = (wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and (wvf < upperBand and wvf < rangeHigh) ? 1 : 0
alert3 = upRange and close > close[str] and (close < close[ltLB] or close < close[mtLB]) and filtered ? 1 : 0
alert4 = upRange_Aggr and close > close[str] and (close < close[ltLB] or close < close[mtLB]) and filtered_Aggr ? 1 : 0

plotshape(sbcc and  alert1 ? alert1 : na, title="WVF Is True Text", color=lime, style=shape.arrowup, location=location.belowbar ,text='Buttom', transp=0)
plotshape(sbc and  alert2 ? alert2 : na, title="Entry/Rev Text", color=aqua, style=shape.arrowup, location=location.belowbar ,text='Entry/Rev', transp=0)
plotshape(sbcAggr and alert4 ? alert4 : na, title="Early in/Rev Text",color=orange, style=shape.arrowup, location=location.belowbar ,text='Early in/Rev', transp=0)
plotshape(sbcFilt and alert3 ? alert3 : na, title="Confirm Entry/Rev Text", color=fuchsia, style=shape.arrowup, location=location.belowbar ,text='confirm entry/Rev', transp=0)

// Find all Fractals.
// This section based on [RS]Fractal Levels  by RicardoSantos
hidefractals = input(false)
hidelevels = input(false)
topfractal = high[2] > high[1] and high[2] > high and high[2] > high[3] and high[2] > high[4]
botfractal = low[2] < low[1] and low[2] < low and low[2] < low[3] and low[2] < low[4]

plotshape(hidefractals ? na : topfractal, color=green, transp=0, style=shape.triangleup, location=location.abovebar, offset=-2, size=size.tiny)
plotshape(hidefractals ? na : botfractal, color=red, transp=0, style=shape.triangledown, location=location.belowbar, offset=-2, size=size.tiny)

topfractals = topfractal ? high[2] : topfractals[1]
botfractals = botfractal ? low[2] : botfractals[1]

topfcolor = topfractals != topfractals[1] ? na : green
botfcolor = botfractals != botfractals[1] ? na : red

plot(hidelevels ? na : topfractals, color=topfcolor, transp=0, linewidth=2)
plot(hidelevels ? na : botfractals, color=botfcolor, transp=0, linewidth=2)



//Coloring Criteria of Williams Vix Fix
col = wvf >= upperBand or wvf >= rangeHigh ? lime : gray

//Plots for Williams Vix Fix Histogram and Alerts
plot(sa2 and alert2 ? alert2 : 0, title="Alert If Entry/Rev", style=line, linewidth=2, color=aqua)
plot(sa3 and alert3 ? alert3 : 0, title="Alert Confirm Entry/Rev", style=line, linewidth=2, color=fuchsia)
plot(sa4 and alert4 ? alert4 : 0, title="Alert Early in/Rev", style=line, linewidth=2, color=orange)

matype   = input(defval="HullMA", title="Fast MA Type: SMA, EMA, WMA, VWMA, SMMA, DEMA, TEMA, HullMA, TMA, ZEMA ( case sensitive )", type=string)
malength = input(defval=20, title="Moving Average Length", minval=1)
src      = input(close,title="Moving average Source")

// Returns MA input selection variant, default to SMA if blank or typo.
variant(type, src, len) =>
    v1 = sma(src, len)                                                  // Simple
    v2 = ema(src, len)                                                  // Exponential
    v3 = wma(src, len)                                                  // Weighted
    v4 = vwma(src, len)                                                 // Volume Weighted
    v5 = na(v5[1]) ? sma(src, len) : (v5[1] * (len - 1) + src) / len    // Smoothed
    v6 = 2 * v2 - ema(v2, len)                                          // Double Exponential
    v7 = 3 * (v2 - ema(v2, len)) + ema(ema(v2, len), len)               // Triple Exponential
    v8 = wma(2 * wma(src, len / 2) - wma(src, len), round(sqrt(len)))   // Hull
    ema1 = ema(src, len)
    ema2 = ema(ema1, len)
    v10 = ema1+(ema1-ema2)                                              // Zero Lag Exponential
    v11 = sma(sma(src,len),len)                                         // Trianglular
    // return variant, defaults to SMA if input invalid.
    type=="EMA"?v2 : type=="WMA"?v3 : type=="VWMA"?v4 : type=="SMMA"?v5 : type=="DEMA"?v6 : type=="TEMA"?v7 : type=="HullMA"?v8 : type=="ZEMA"?v10 : type=="TMA"?v11 : v1


// Calculate selected MA and get direction of trend from it.
zlema= variant(matype,src,malength)

up = zlema > zlema[1] ? 1 : 0
down = zlema < zlema[1] ? 1 : 0



// This section based on Candlestick Patterns With EMA by rmwaddelljr
//
ufb  = input(false, title="Use Fractal S/R Cross Patterns")
udc  = input(true, title="Use Dark Cloud Cover Patterns" )
upl  = input(true, title="Use Piecing Line Patterns" )
ube  = input(true, title="Use Engulfing Candle Patterns" )
ubh  = input(true, title="Use Harami Candle Patterns" )
upb  = input(true,  title="Use Defined PinBar Patterns")
pctP = input(66, minval=1, maxval=99, title="Directional PBars, % of Range of Candle the Long Wick Has To Be")
// This section based on CM_Price-Action-Bars by ChrisMoody
// Change the pin bar calculation, so can be used for market direction.
urpb= input(false, title="Use CM Price Action Reversal Pin Bars")
usb = input(false, title="Use CM Price Action Shaved Bars")
uob = input(false, title="Use CM Price Action Outside Bars")
uib = input(false, title="Use CM Price Action Inside Bars")
pctRP = input(72, minval=1, maxval=99, title="CM Reversal PBars, % of Range of Candle the Long Wick Has To Be")
pctS = input(5, minval=1, maxval=99, title="CM Shaved Bars, % of Range it Has To Close On The Lows or Highs")
pblb =input(6,minval=1,title="CM Reversal Pin Bar Lookback Length")
//
stnd = input(true, title="Alert Only Patterns Following Trend")
//
// Get MACD for Alert Filtering
umacd  = input(true,title="Alert Only Patterns Confirmed by MACD")
fastMA = input(title="MACD Fast MA Length", type = integer, defval = 12, minval = 2)
slowMA = input(title="MACD Slow MA Length", type = integer, defval = 26, minval = 7)
signal = input(title="MACD Signal Length",type=integer,defval=9,minval=1)

//
sgb = input(false, title="Check Box To Turn Bars Gray")
salc = input(true, title="Show Alert condition Dot")
//
[currMacd,_,_] = macd(close[0], fastMA, slowMA, signal)
[prevMacd,_,_] = macd(close[1], fastMA, slowMA, signal)
plotColor = currMacd > 0
    ? currMacd > prevMacd ? green : red
    : currMacd < prevMacd ? red : green

// Show alert on this bar?
sbarUp = (not umacd or plotColor==green) and (not stnd or up)
sbarDn = (not umacd or plotColor==red) and (not stnd or down)

//PBar Percentages
pctCp = pctP * .01

//Shaved Bars Percentages
pctCs = pctS * .01
pctSPO = pctCs
//ma50 = sma(close,50)

range = high - low

///Reversal PinBars
pctCRp = pctRP * .01
pctCRPO = 1 - pctCRp
//
//pBarRUp= upb and open<close and open > high - (range * pctCRPO) and close > high - (range * pctCRPO) and low <= lowest(pblb) ? 1 : 0
//pBarRDn = upb and open>close and open < high - (range *  pctCRp) and close < high-(range * pctCRp) and high >= highest(pblb) ? 1 : 0
pBarRUp = urpb and  open > high - (range * pctCRPO) and close > high - (range * pctCRPO) and low <= lowest(pblb) ? 1 : 0
pBarRDn = urpb and  open < high - (range *  pctCRp) and close < high-(range * pctCRp) and high >= highest(pblb) ? 1 : 0

//Shaved Bars filter to the MA50 line
sBarUp   = usb and (close >= (high - (range * pctCs))) // and close>ma50
sBarDown = usb and (close <= (low + (range * pctCs)))  // and close<ma50

//Inside Bars
insideBarUp = uib and (high < high[1] and low > low[1])
insideBarDn = uib and (high < high[1] and low > low[1])
outsideBarUp= uob and (high > high[1] and low < low[1])
outsideBarDn= uob and (high > high[1] and low < low[1])

// PinBars representing possible change in trend direction
barcolor(pBarRUp ? green : na)
barcolor(pBarRDn ? red : na)

//Shaved Bars
barcolor(sBarDown ? fuchsia : na)
barcolor(sBarUp   ? aqua : na)

//Inside and Outside Bars
barcolor((insideBarUp or insideBarDn)? yellow : na )
barcolor((outsideBarUp or outsideBarDn) ? orange : na )


//Long shadow PinBars supporting market direction
///PinBars Long Upper Shadow represent selling pressure
pBarDn = upb and open < high - (range * pctCp) and close < high - (range * pctCp)
plotshape(pBarDn and (not pBarRUp and not pBarRDn), title= "Bearish Pin Bar",  color=red, style=shape.arrowdown, text="Bearish\nPinBar")
///PinBars with Long Lower Shadow represent buying pressure
pBarUp = upb and open > low + (range * pctCp) and close > low + (range * pctCp)
plotshape(pBarUp and (not pBarRUp and not pBarRDn),  title= "Bullish Pin Bar", location=location.belowbar, color=green, style=shape.arrowup, text="Bullish\nPinBar")

dcc = udc and (close[1]>open[1] and abs(close[1]-open[1])/range[1]>=0.7 and close<open and abs(close-open)/range>=0.7 and open>=close[1] and close>open[1] and close<((open[1]+close[1])/2))
plotshape(dcc, title="Dark Cloud Cover",text='DarkCloud\nCover',color=red, style=shape.arrowdown,location=location.abovebar)

pln= upl and (close[1]<open[1] and abs(open[1]-close[1])/range[1]>=0.7 and close>open and abs(close-open)/range>=0.7 and open<=close[1] and close<open[1] and close>((open[1]+close[1])/2))
plotshape(pln, title="Piercieng Line",text="Piercing\nLine",color=green, style=shape.arrowup,location=location.belowbar)

beh = ubh and (close[1] > open[1] and open > close and open <= close[1] and low >= open[1] and open - close < close[1] - open[1] and (high < high[1] and low > low[1]))
plotshape(beh and not dcc, title= "Bearish Harami",  color=red, style=shape.arrowdown, text="Bear\nHarami")

blh = ubh and (open[1] > close[1] and close > open and close <= open[1] and high <= open[1] and close - open < open[1] - close[1] and (high < high[1] and low > low[1]))
plotshape(blh and not pln,  title= "Bullish Harami", location=location.belowbar, color=green, style=shape.arrowup, text="Bull\nHarami")

bee = ube and (close[1] > open[1] and close < open and close<=low[1] and open>= close[1])
plotshape(bee,  title= "Bearish Engulfing", color=red, style=shape.arrowdown, text="Bearish\nEngulf")

ble = ube and (close[1] < open[1] and close > open and close >= high[1] and open<=close[1])
plotshape(ble, title= "Bullish Engulfing", location=location.belowbar, color=green, style=shape.arrowup, text="Bullish\nEngulf")

blfr = ufb and crossover(close,topfractals)
plotshape(blfr and not ble and not blh and not sBarUp, title= "Bullish Fractal Cross", location=location.belowbar, color=green, style=shape.arrowup, text="Fractal\nCross")
befr = ufb and crossunder(close,botfractals)
plotshape(befr and not bee and not beh and not sBarDown,  title= "Bearish Fractal Cross", color=red, style=shape.arrowdown, text="Fractal\nCross")

//
bcolorDn = sbarDn and not(pBarRDn or pBarRUp or sBarDown or insideBarDn or outsideBarDn) and (beh or bee or dcc or befr or pBarDn)
bcolorUp = sbarUp and not(pBarRDn or pBarRUp or sBarUp or insideBarUp or outsideBarUp) and (blh or ble or pln or blfr or pBarUp)
barcolor(bcolorDn ? maroon : na)
barcolor(bcolorUp ? lime : na)
//
barcolor(sgb and close ? gray : na)

//
barAlertDn = (sbarDn and (befr or bee or beh or pBarDn  or dcc)) or (sbarDn and (insideBarDn or outsideBarDn or sBarDown)) or pBarRDn
barAlertUp = (sbarUp and (blfr or ble or blh or pBarUp  or pln)) or (sbarUp and (insideBarUp or outsideBarUp or sBarUp))  or pBarRUp
barAlert = barAlertDn or barAlertUp
alertcondition(barAlert,title="CDLTRD Alert", message="CDLTRD Bar Alert")
// show only when alert condition is met and bar closed.
plotshape(salc and barAlert[1],title= "Alert Indicator Closed", location=location.bottom, color=barAlertDn[1]?red:green, transp=0, style=shape.circle,offset=-1)
//EOF

Credits to
chrismoody
Ricardosantos
justbyuncle

Trade Plan Dec 11-15

Eur Cad

Head and shoulders forming but on 1hr a bat pattern with supported direction of 200 ma which is going down. as for currency strength cad is pointing in up direction while euro is about to go down on 4hrs time frame while in 1hr Cad is already the strongest currency

+++++++++++++++++++++++++++++++++++++++++++++++++++++

USDCAD

MA is in the Middle in 1hr while in 4hrs  about to go down
Head and shoulders forming  better trade on break out  or near sellers area, structure has been form High lower high so finding the lower low or equivalent.
++++++++++++++++++++++++++++++++++++++++++++++++++

EURJPY

MA 4hrs is in the middle which currently foring a triangle pattern. however since the fab is exactly .618 so a potential perfect abcd pattern will be forming. Looking forward to start the right shoulder which strongly advice to wait for the rejection


++++++++++++++++++++++++++++++++++++++++++++++++++++++

EurUSD

Divergent Head and shoulders forming

Dec 4 to 8 market watch

Currency Strength 1hours

Currency Strength 4hrss

EurJpy 4hrs
Euro is strong
Jpy weakest

EurJpy 1hr
Euro is weak below zero
Jpy Weakest

Beautiful pattern have seen in  1hr so trade will be based on 1hr reminder that trend is going up so be cautious on trading down.  to trade up it should bounce on the red bar which is the strong support

=========================================================

EurCad 4hr
Eur strong Violet about to cross Cad Grean

EurCad 1hr
Eur weak below zero
Cad Strongest


Currency strength and chart are going in same direction currently Euro is still strong but is about to get weaker. I have seen divergent on this chart so there will be a strong pull back to change the trend
which can form to a head and shoulder pattern. For the right shoulder there are 2 keys position to closely monitor.


--------------------------------------------------------------------------------------------------

UsdCad
Cad has just intersect on 4hrs time frame which Cad get stronger above 0 while Usd is just below 0
Cad Strongest in 1hr time frame while Usd 3rd to the weakest currency


The favorable trade will be down however it has already started going down very strong which break the 200MA we will be looking for a retest or pullback. pull back is going to expect above .382 and .618 .  so the key factor on this chart is the

1. red box support
 .382 Fibonacci
.618 Fibonacci

Pattern is forming Head and shouler
==============================================================

Need to compare this to other trader and find out if they have seen what i have seen on this cart.

Xypher Pattern Rules

THE RULES

• AB= 0.382 to 0.618 retracement of the XA swing leg;

• BC= extend to maximum 1.414 of the XA swing leg;

• Point C is formed when prices extend the XA leg by at least 1.272 or within 1.130 – 1.414            

•  CD= retrace to 0.786 of the XC swing leg; 
          

How to PLOT

Step 1: Identify the Point X and measure it to Point A

Step II:  Identify Point B which is .382 to .618 Retracement of Point XA

Step III:  Identify Point D by using Fibonacci extension tool and measure Point X to A.
   Extension is in between 1.130 to 1.414 which the max is 1.414

Step IV: Identify Point D by measuring Point X to Point C. It has to be .786 Retracement

To Plot pattern is another skill however to take number of pips and what to watch out for possible that will happen has to be another skill. Watch the video on how to trade on this pattern. and what you must consider to have a profitable trade.

















Sources
https://tradingstrategyguides.com/best-cypher-patterns-trading-strategy/
http://www.profitf.com/articles/patterns/forex-cypher-pattern/#Cypher_Pattern_Rules

Trade Plan November 20 - 24

Its still in my watch list waiting for the right price to be in place. the currency pair will be Eur vs Usd and Usd vs Jpy.

As for Usd vs Jpy i have seen a beautiful parallel pattern which im waiting for the market to hit my mark. Now for Eur and Usd I was able to create analysis where to get involve but it so happen my mentor have uploaded a trade plan on this pair. What interest me is, the things he is seeing and considering which I have not so I collaborate my analysis to his analysis...

This how you suppose to use signals from credible traders. It is a must that you have to create your own analysis first before looking on the analyis of others. use others work to confirm or compare your work. Not to depend on this people. after all it is your money that you are trading.

(video will be uploaded)

Video Card Comparison

Changes on difficulty and price of Bitcoin will greatly affect the below Calculation




You can visit the google doc to have better view of the comparison
https://docs.google.com/spreadsheets/d/1qwoBjVLGitR4jKhO6djwGjVueLnO5_DXapZXWUmjtKY/edit?usp=sharing

Trade Plan Nover 12 - 17

EurGbp

Tools
1. RSI,

2. Fibonacci,

3. Support and Resistance,

4. Divergent

5. Pattern

Why EurGBP? For the reason I spotted Divergent Head and Shoulders pattern which it has not failed me. Given that the Risk is on 25 pips its a descent number of pis that you can loose without hurting much of your capital. In which the Take profit is 50 pips bringing the ration of 1:2. My ideal point of entry is on 0.618 to form another Pattern that is AB=CD. If the market allow that the retracement is precisely on 0.618 then it will add up to my confidence that the take profit will be the exact support on 1 day chart.  

Divergent is the plus factor on this trade which supported by the pattern of Head and shoulders so meaning the best entry will be the formation of right shoulder.

Consider also the Power of the bearish candle of 4hrs chart. We can see that its power is on our side. Which the fundamentals are strongly suggesting that GBP is getting strong

Ideal number of pips to get is ONLY 30 but the full potential is 50 pips This is the reason Im going to split my trade the other is hitting 30pips the other is hitting 50 pips.

GBPJPY

Tools
1. Pivot
2. MACD
3. Pattern

To start my trade on this pattern I need to see slight pull back forming a letter M. if market will not pullback Im not gona take the trade. The best i could see on this is this can be a pottential reversal pattern. Yet because of fundamental doesent fully support the pattern that is why I rely on MACD to start trade once i saw slight pull back.

Where To Start?

Learn the Terms (Step 1)

(A) Learn the Terms 

(B) Leverage Spread and Margin call

Create a Trading Account (Step 2)

(A) Create a Trading Account

(B) Setup your account

Verify Your Account (Step 3)

(A) How much Money do we need to trade Forex

Fund Your Account (Step 4)

For Funding I use Paypal for security reasons

(A) Fund Forex using Bitcoin

Practice and Identify Basic Trading (Step 5)

(A) Identify Market Structure

(B) Identify Market Direction

(C) Money Management Strategy

(D) Money Management

(E) Identify Point of Entry

(F) Identify Support and Ressistance

(G) Time Frame Relationship

(H) Trading is a skill

Practice and Identify Advance Trading (Step 6)

(A) ABCD Pattern

(B) Head and Shoulders

(C) Bat, Gartley and Butterfly Pattern

(D)Relationship between 2 pattern

(E)Live Explanation of How I trade

(F) How not to chase the Market

(G) How to Plot Butterfly Pattern

(H) Bat Pattern and Measurements

My Tailor Fit Strategy

Important You must know who you are and create your own tailor fit strategy

Day 6 and 7 Support and Ressistance

Recommended Sites to learn about Support and Resistance

Support and Resistance 

How to trade Support and Resistance

http://www.tradingstrategyguides.com/support-and-resistance-strategy
http://www.profitf.com/articles/trading-methods/support-resistance/

What Kind of Trader uses Support and Resistance

 1. Scalper - The identify the roof and floor after that they will see if its gonna bounce or break if you are scalper you need to have specific measurement where your point of entry, stop lost and take Profit. again this will depend how confident you are in key points so in order to develop this skill you need tons of practice. usually stop lost will be direct proportion on time frame

 2. Structure - this will help them identify Higher High and Lower Low, identify trends

 3. Day trader - Price action comes on day trading where the market is open

 4. Pattern trader - it is crucial for patttern trader to identify Support and Resistance so that their starting Point of their pattern will be accurate.

 My Job to you is to show how it is done, but to know how are you going to use it with confidence, it has to be yourself to develop it here are strategy that uses support and ressistance
1. Candle stick
2. Pattern

  MUST TO DO

1.Dont just copy what the link told you try to find your most confident way to identify Support and Resistance.
2. identify Multiple time frame support and resistance and figure out their relevance
3. Figure out the best location for your stop Lost, Point of entry and Take Profit
4. Make a number of pips goal to reach example 100Pips in 1 week Try to reach this goal using only Support and Resistance trading you can combine with strategy untill you have not hit the amount of pips never proceed to the next level.


 Video will be available soon

Learn Forex in 2 weeks

Here are the time frame schedule to learn forex. Since I give time in creating this one i expect you in your end also will give the same commitment and time to undergo all the tutorial in 2 weeks. be Advice I only teach on what I experience is proven. As a proof here are some proven pics of my students who undergo my 2 weeks program.

ayan na po ! requested by....... na eh post last Friday win trade.540$ ahay......
Posted by Milanar Santos on Tuesday, September 5, 2017

Posted by Uling Dililagom on Tuesday, July 4, 2017

Posted by Milanar Santos on Tuesday, September 5, 2017

It is a must also that you have created specifically a demo account using this link so I could monitor your progress. Pls use your real name so that you will not have hard time verifying it. Verification is must. (click link below to register demo account and verify it)

https://pepperstone.com/?a_aid=assist

 Be advice if you choose to have a real account using this link pepperstone (my broker) will give me incentive for guiding you and teaching you to trade. It is to my best interest that you will learn fast and profit or else my brocker will not give me a cent if you loose your first Live account on pepperstone. Just to make it clear this is a win win scenario, if you learn fast and profit I will also gain from your trade but if you loose i will gain nothing.

DISCLAIMER

- what im teaching you is how to read and know the heart beat of the market untill you learn and develop this skill this is the time you will earn. The reason my student profit its because they have develop their own way of trading and my role is only to show you how it is done. To Profit it is in your end to develop this skill. Your commitment and time you invest in learning on my tutorials and guides will tell how much you will profit. Clear as crystal that I am not promising any profit on this. But for those who really are serious on my tutorials and guides will Gain. It doesn't mean you pay me to teach you how to trade forex you will earn.

WHAT To Expect in 2 weeks
 1. You will learn the technical side which is

• Funding (deposit Money)
• Withdrawal (take your Profit)
• Ctrader Platform (in and out)
• Market Structure (heart beat)
• Create Demo account
• Create Live account

2. Learn the terms and language

• PIPS
• Take profit
• Stop Lost
• Margin Call
• Leverage

3. Learn the Risk

• Risk
• Risk
• MORE awarenes of risk

4. Basic Trading

1. Support and Resistance = Stop lost and take profit
2. Fabonacci = Stop lost and take profit, point of entry
3. Candle stick = point of entry
4. Market Structure and Time Frame
5. Fundamental = market movers

Individual Sched and Task will be given to you for download after you will comment and give your Real Name and your time schedule for tutorial.

Day 1 to 3 minimum 1 hr Orientation and Trading Psychology
Day 4 terms
Day 5 Technicality and Risk
Day 6 and 7 Support and Resistance (task)
Day 8 and 9 Market Structure

Day 10 and 11 Fibonocci
Day 12 and 13 Candle Stick
Day 14 Fundamental

Your words define you

People will always be people. the importance is what you think of yourself is Different. I am destined for greatness. I have done it before and I can do it again. In trading particularly forex trading You will encounter great losses if you intend to develop your own way or system on trading. Im not against on robots and copy trades but since one of my passion is teaching Ill rather experience everything just for me to explain it with heart. Wipe out account? thats not new to me but the only difference between me to you is I will not give up. I cant!, I wont!.

I will not Give Up I cant and I wont!!!!!

The result that i have is not yet the result i can see on my head. However if you think that is profitable already then I tell you that did not happen overnight!!!!!...however it all started in my Mind. I had heard from one of my Kuya (kuya Jerson) preached on about the battle field in in your mind. if you loose it already on your mind then the possibility of Loosing will be high.... It start in your thoughts. What your mind can see it will become to reality. Often I always talk and share about potential of Forex trading but immediately I stop when I have heard from their mouth " good for you cause your good on computers and I'm not",  Thats the Kill zone, First blood, head shot. When you declare to yourself that you can not do it and you speak to your mouth then immediately  the Law of Attraction will take place. So let me correct it. Yes there are times when you thought that it is just impossible. Indeed it is, given the situation and scenario, You may think of it or even feel it... However, you have to win it to your mind. HOW? By not declaring it in your mouth but instead your talking another way around, your talking solution, your talking positive possibilities. and that my Friend is FAITH....

You may be in Forex trading right now, or on other things that you are doing and i want you to speak it loud and tell it to your self I WILL NOT GIVE UP I CANT AND I WONT!!!

Harmonic Pattern

Since it bounce on the neck line and had 2 rejections the Market now is looking for the Roof or the Resistance, in which what we can see is the exact calculation of Bat Pattern and the exact point of entry of head and shoulder.

Pivot indicator as well as MA 100 have greatly influence my trade. May i suggest if you dont know about structure pls watch this video about market structure before watching the video above

Since this week will be the Non Farm Payroll week so we have to watch our trade for it may not support our analysis.

Ask Corner

Your Opinions or Questions is important to me Write down below

Aud Usd Butterfly pattern 60 min

details to be follow

lately im calculating how much i risk compare to how much i will Profit. and for this trade I found it very favorable as to how much to risk. although my trade is still in progress .

ABCD Pattern higher structure and Head and shoulders Lower structure

Explanation and video will be created stay tune

Butterfly pattern

Butterfly Pattern on 1hr chart EURUSD\

I was too sleepy to put details on this post. Detected this one 4Am and took my trade at around 5Am. Used a candle stick pattern to identify my point of entry which is right after the 2nd bearish candle, after the bearish pinbar candle. As i have calculated it it only will take 13 pips to risk. Since i have traded already 40 pips on the break out i manage to utilize the Money Management strategy. Even my limit was only 10 cents trade size I have traded 50 cents per pip without risking my capital if i loose.

Watch this video to understand Money Management Strategy
https://youtu.be/5GGWTUDGoIw

Take Profit in other hand have 2 option which is the 67.8% and the 127% of point CD in which if you take a look on this pic you can see that Option 1 is already filled which I have earn another 40 pips for this week

Now im waiting for the 2nd take profit which is the 127% if ever this is filled then i have reach my goal for the week taking 120 pips per week.

How to trade Break Out

Pull back strategy - basically wait for the Higher low structure to form before taking trade Stop lost is in the previous low structure

Upon break out next candle- when i do this i make sure im following the the stop lost. which i closely monitor due to possibilities of false break out will happen.

Which currently im doing on my trade

 a triangle have been break so I have trade right away on next candle however i closely monitor this trade for the reason possibility of false break out is showing on 4hrs time frame.

already i have move my stop lost to safe zone so what ever happens i do got 22pips

If Trade size is $5 per Pip then i had lost P18,000 Pesos

     
As for my famous slogan Experience is the best teacher. If you can see slogans or ads about how high you can earn in forex. Pls bare in mind this slogan or ads is two ways. what they are showing you is only the one face of the coin. They are not lying about it. It is really true that you can earn as much as what they are saying however they are not also not telling the whole truth about it. So What is the truth?

     During My first Year on this Forex trading I had created a feasibility study how profitable it can be. Using simple trading on my little experience the research that i created is really feasible. However the only problem is I treated the market as if it is a decease that need to be cured. I treated the market like a machine if its now working then here is the solution. I was concentrating more on strategy and indicator which the greatest newbie error I have put so much attention on strategy and indicators that others are using which they are really earning.

    I never say that you are not to learn from them. what im trying to point here is to be consistently earn in this industry you have Learn how to trade forex by its Structures, i discourage to copy how others trade or even discourage to copy how i trade but rather enhance it the way you like it to be. It must be tailored fit in accordance to who you are. Not in accordance in how much dollars you can make.

As a result of this costly newbie mistake 3 of my clients lost their money. So Lets go back what is the whole truth about Forex Trading

 As much you can earn 500X you can also loose 1000X

So Am i Discouraging you to trade on forex?? Watch this video and I promise you you will know the answer.

Market Structure shows Direction

Can you really tell where the market is going? How accurate you are regarding market directions. Does Market give clues?.Given that we really dont know what will happen tomorrow does that mean we can't tell where the market price is leading? The fact that we dont know what future brings we can not pin point the EXACT market Price. However what we can do is to tell where the market is going.

To know the Directions I have discuss the Structures and its relation ship between time Frame, you can refer to this video to understand it. (how to trade Forex). It is also a must You understand Time frame

Time Frame
1 Day Candle stick = 24 candle stick having a time frame of 1 hour

1 Day Candle stick = 6 candle stick having a time frame of 4 hours

1 Candle stick in 4hrs time frame = 4 candles sticks in 1 hr time frame

1 Candle stick in 1hr time frame = 12 candles sticks in 5 min time frame
(Explanation video will be created soon about Time Frame)

If you have understand time frame you can explain a pin bar or hammer Candles stick. Example in four hours time frame the reason for the formation of very long wick or tail, probable cause

Bullish long tail or wick = 1 candle stick (1hr time frame) bearish and 3 candle stick (1hr time frame) bullish. The bullish candle  height is longer than the bearish candles stick. It may show Long bearish candle in the first hour of the 4hrs time frame but the 2nd 3rd and 4rth candle (1hr) out stand the height of the 1st hour candle stick leaving a long tail or wick.

It may sound confusing but as soon i can create visual video on this this will make sense. Expert in candle sticks and its relationship with time frame will make you great naked trader. as for me I need further indicators to serve as a confirmation on what i am going to respond to the market.

Now lets take a look on this 1st PIC

Posted this Pic last August 4 this year during the non Farm Payrol week (refer to this link) I have specifically explained on that post that if the Strong resistance is broken then higher possibility of down trend is coming, in which Swing traders love this clues. as for me to take trade again i specifically draw a head and shoulders pattern which we all know if market price form a head and shoulders possibility of reverse is high. for this case a down trend is coming.










Take a look on 2nd  pic which is the current August 16, 2017 shows the accuracy that i have foretold regarding direction. and if Market allow to happen forming a right shoulder then its time for me to trade.

IMPORTANT

Direction of the market  can only be measured with in Structure. again watch this to understand structure (how to trade forex). Meaning the accuracy and to what will happen next will depend the structure level if the market have broke or reject previous structures. That is why it need skills to identify this. so that you can still earn without know the exact point when will the market break or bounce.

Example my analysis on EurUsd last Sunday (refer to this link)

I state it clearly that it will bounce on the Roof or Resistance  making an advance trade. However what the market does it did not, but instead he check the previous structure low. in which my trade plan is still intact since i could see pattern forming

Even it did not hit my desired point of entry which i already took and advance trade waiting for market to hit it and it will start the trade. I was still able to profit and created a new trade with minimal 1:1 Ratio risk factor.  Reason behind it was the experiences I had and back up with few indicators. Again the structure help me decide to create a new entry. (watch to understand)

Refer to the pic below

Technical Analysis Eur vs USD

Tools Used 

1. Fibonacci
2. Support and Resistance
3. Pivot

Advance Pattern

1.  double top
2. ABCD Pattern
3. Butterfly and Bat

the trade that you can see in the video is going down. however this trade has to have confirmation first.

Confirmation needed

1. if it will not break out the Resistance or close price after break out. then I will make a trade.

2. if it will have rejection and momentum going up is fading I will make the trade

3. Since Stop lost is more than 50 pips, then i could not create advance setup. Ill be observing this pair 

4. if everything is on opposite then ill will be waiting for pull back on 1hr time frame before take trade. 

Pattern 
1. Butterfly which i prefer to trade the ABCD. the X point is based on the Support and Resistance and pivot. which the entrancement is more than the requirement of Butterfly (AB must be 0.716)

2. Bat pattern is the full arm based on 1 day time Frame which the completion of butterfly is exactly .618 retractment

3. ABCD pattern on Butterfly have same entry point on the extension of XA. which is the 127. while the ABCD pattern ends on 1.618 which is both have the same price location. thats why this give me another confidence.

Note: 
MACD Cross over on 4hrs did not cross yet meaning chance is still high to go up,
RSI in 1hr shows that it reach the maximmum buyers so there will be selling anytime soon.
Be advice trend is going up but it is giving huge potential to start on trading low.

Other Currency that is in my watch list
GBPJPY = Pound yen

How to trade Forex (Day 8 and 9)

You Aint gonna PROFIT unless you Know How to trade Forex.

• Indicator
• Strategy
• Money Management
• Time Frame

Are all USELESS when you dont know how the Market works. Don't be confused on how to trade Forex and How to profit from Forex. You got to know first the very nature of the market before you are going to plan how to take profit from it.

Problem with forex trading is we intend to focus Profiting, We intend to focus on how much dollars we make or Pips we can do. We intend to discipline ourselves  on the system we had created and for some which make it worst we intend to focus on the system that others created.

You may wonder and ask if trading is a skill and based on your own personality how come I cant build my account? You knew who you are and have chosen the best indicator that suit on your own personality, yet you cant just build your account up.

Like me i have spent my time knowing what kind of trader I am, searching who really I am. What is the best tailored fit system, strategy and indicator. I have tried learning from candle stick to sophisticated indicators that I know. which often lead my judgment and confidence to no where and loosing a lot than winning...

This is why I created this Topic that often not tought by the many, How to trade a Forex is the base line of everything. 

• Before you can implement your strategy you have to learn and be in one with the market.
• Before you can tailor fit indicators based with your personality you have know the heart beat 
• Before you can create system or rules on your own trading style you have to learn how to trade Forex

The importance in Learning  How to trade Forex First is Critical. What you are going to see does not have to do on any tools you are going to use. And definitely this has nothing to do how you are going to trade it. Remember there is no right or wrong on trading. What im going to share is the building block, the pillar! the Post and the must . The effectiveness of your tools, strategy, indicator will depend how much you understand how the market works. how the prices are connected with individual time frame. In short, How to trade Forex.

Below are some of the signs that you dont know how the market works. A signs that you dont know the relationship of every price on given time Frame, A sign that you lack or dont know How to trade Forex and make it Profitable.

1. You don't have a hint where the market is going
2. Confused on the relationship between time frame
3. Dont look on higher time Frame
4. Dont understand why the support and resistance changes every-time
5. Cant Explain why the support and resistance changes every-time
6. Could not identify the signs that market is about to change. 
7. Dependent on the indicator not as confirmation but a tool where to start a trade
8. Often listen on how others think rather than trusting your analysis

Don't Miss understood what im going to share to you. this is not a holy grail, nor strategy and most of all this is not an Indicator. but simply the base line of everything, a heart beat of the Market. The stronger you understand this the higher possibility you will be one with the market. This is not telling you the exact location of the price but rather getting a higher probability to happen. Giving you enough time to respond right and not to react. Reaction and Responding are two different thing. Just like how to trade Forex and How to Profit in Forex.

Reaction by nature are driven by emotions or feeling that often cloud our decision. Reaction can be right but it can be wrong. In which we know in trading if your wrong it will be devastating. Reaction often is form instant or quick in a short period of time. That you have made your decision because you react on what you see or feel.

Responding, this is where you need a skill. See in forex,  if you dont know how to trade. you will be reacting more not on Responding More. Since Responding is a calculated reaction, to efficiently solve the task or dilemma. Responding is calculating the the possible things to happen. does giving you room for improvement. While reaction is fixed. 

So How to trade Forex? watch the video below and learn to respond more not to react more.

Non Farm Payrol GBPUSD

The thought of Selling, trade down is for the reason a butterfly pattern has formed. however due to previous high and Low on 1 day time frame I have consider to start my trade on the 161.7 Extension of point BC. Now to be able to Manage the amount of pips I am risking I took the previouse High in I day which exactly gave me the enough pips to risk based on my capital. From my Money management I am only allowed 40 to 50 pips to risk.

as for the Take Profit I have considered the Non Farm Payroll once the mark 61% retracement is hit. The possibility that this is a reversal is half confirm for the reason a 1 day support is yet to be broken. however because of the nature of batterfly pattern which is an active reversal. the previouse pattern contributed a lot of factor for my confidence that this will have a long down pips.

Did i really know that this will happen? to be honest it shakens my confidece due to its long consolidation on 4hrs that took almost a day before it confirm that my trade was right. I even have small losses since i traded up on the candle that break the consilidation. howerve i did not turn of my sell trade but of course i did put a stop lost on my buy trade.

What Next?

I have lot to consider if i will find a reversal pattern on 1 day which what i can see is an head and  shoulder advance pattern then thats the time Higher percentage of reversal is confirm. Not to mention neckline must be below the support of 1 day...

if it did not break then most cases it is start on 2nd wave for uptrend refer pic below

Purpose of Money Management

The Objective of Money Management is 

• To Improve your Trading skill

Common Mistake in every trader is wiping out their account. The reason  for this they have under estimate the Success rate of their Strategy. Given the fact you are new discipline on trading is not one of your virtue.

Why Filipino belong to the 90% that fail in forex trading? because they loose so much that hurt them. wipe out account is the most painful  normal scenario when you are developing your skills. the joy of profiting from trades where devour by the pain of loosing Big. Loosing so much that you dont want to try again and improve where you have failed.

This is where Money Management will help you. It will keep you on track that even you are loosing Money Management will give you chance to fight back, pick up the pieces and not to do your mistakes again. In Forex it take skills to succeed and this can only be done through experience. How can you develop your skill if your account is wipe out?

However because of the limitation of trade size that you are going to trade, you will find that it will take long time to build. Imagine having $500 Dollars account your ideal trade size is only from 10 cents to 30 cents per pip.

In the video below I am going to show you how to Double your allowable trade size without Hurting your Account if you loose the trade EX.

Based on the Chart above

1. You are allowed to trade only at .3 or 30 cents per pip with tolerable pips you can risk of 42
2. In the video you can trade .6 or 60 cents per pip with tolerable pips to risk of 42 without hurting your Account. meaning you are still using money management system

IMPORTANT
above chart is design based on my way of trading.

Money Management

Money Management Sheet

To Effectively use this Sheet  

1. Use this with Discipline 
2. You must have your own strategy on how and where to trade

• Why your point of entry is in that specific Price?
• Are you Chasing the market because you though its Going Up or  Down?
• Is your Stop Lost supported by Previous price?
• Is your Stop Lost supported by Support or Resistance
• Is your Stop Lost supported by ideal implementation of Pattern?
• Is your Stop Lost supported by Fibonacci level? 
• Have you use that kind of set up and confident about it?

Remember there is no wrong in trading but if you have no supporting reason for the location of your Trade and particularly your Stop Lost then you will have hard time gaining confidence on trading. There will be no room of improvement since you don't define your own system.

Update on 2 Divergent Head and Shoulders Pattern Eur vs USD video blog 07

Now im waiting for pullback to take my 3rd trade.

          This strategy is Leveraging my capacity to double my trade size if my analysis i correct then I will also double my profit but if my analysis is wrong then I will only loose the allowable amount and pips for the day. currently I do have 82 pips reserve which I do have the choice to use its profit to trade again or keep it and risk another 50Pips completion did not go directly to the target as expected it consolidate during Asian Session yesterday and test back the previous low on Euro Session However during the start Us Session till this morning 7-26-17 which is Asian Session it completed the Head and Shoulders. created video on the update which will be embeded here.

          As for GBPUSD still on going good thing i prepared my Stop lost Higher than my allowable Risk which I strongly suggest not to do this. although it benefited me since it did not hit my stop lost but still I can get more pips if i just follow the rules.

The above trade plan was cancelled so the 3rd trade did not happen. as For GBPUSD Stop lost has been hit only earning 11 pips. although the it was cancel it was replace by more profitable success rate which is in GBPUSD 1 hr time frame

HEAD And Shoulder right shoulder forming. with so many potential patterns it can derive for now i just focus on the right should and complition of the head of shoulders. once complete lets see if there is another pattern that are much profitable