Trade Plan 7-16-18

NzdUsd
AudNzd
GbpUsd
EurAud

NzdUsd = CANCEL 618 fail

Time frame = 1hr
divergent = Yes
618 = going to neckline
Rejection =
Retest
15 min
Macd confirm
Pips from EP to SL


AudNzd = TRADED won $204

Time frame = 4hrs
divergent = No
618 = yes
Rejection =  Yes
Retest = Yes
15 min = Yes
Macd confirm Yes but wait for retest break
Pips from EP to SL = 18

GbpUsd = Waiting

Time frame = 1hr and 4hrs (double pattern)
divergent = both no
618 = 4hrs yes, 1hr still on neckline
Rejection =
Retest
15 min
Macd confirm
Pips from EP to SL

Trade Plan July 9

AudJpy
AudNzd


AudNzd
Timeframe = 1hr
Divergent = yes
.618 rule = not yet
Rejection
Retest
15 min
MACD confrm
Number of pips from stop lost

AudJpy

AudNzd
Timeframe = 4hrs
Divergent = yes
.618 rule = not yet
Rejection
Retest
15 min
MACD confrm
Number of pips from stop lost

July 4 trade plan

AudUsd 

Timeframe = 4hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =

EurJpy

Timeframe = 1hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =

EurNzd

Timeframe = 1hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =

Usdjpy

Timeframe = 1hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =

Stages in Learning Forex

Know Your Identity

• Very Important Stage before anything else 
• this will develop your skill in profiting 
• Its where you get your foundation to be a consistent profiting trader
• Base Point where your System is build
• Its where you will understand what kind of trader and who you are as a trader

System

• The thing you do over and over
• It answers What to trade, Where to trade, Why to trade
• Where you create your trade plan
• Where you get bored
• Where your Consistency and uniformity is needed
• Develop a process in what to do next
• It’s where you will understand the characteristics of the market
• It’s where learning in your mistakes will take place
• Hardship/ Process and Patience is tested Its where 90% of people will fail

Strategy

• A discrete plan to put your system into work
• Can be learned and Copy
• This answer the how questions
• 20% success rate in trading
• Its where people thought they must give or invest more in both money and time
• Its the only way I as your coach can give you