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Alkimey Investment Clan

THE NO LIE TRADING GUIDE


by
GLENNMARU

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TABLE OF CONTENTS
1
2
3

Introduction
Disclaimer
About Me

Childhood Analysis
4
Candlestick Patterns (CSP)
5
Pivot Points (PP)
6
Stochastic (STO)
7
Bollinger Bands (BB)
8
Simple Combo
Street Smart Journey
9
Risk & Money Management
10
No Luck Trade
11
Brokers
12
Avoid Scams
13
Tips & Tricks
Adulthood Analysis (~Coming Soon~)
14
Trends
15
Box Theory
16
Boxing Trends
17
Support & Resistance (SR)
18
Fibonacci (FIB)
19
Chart Patterns (CP)
20
Advance Combo

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1. Introduction
(The No Lie Trading Guide) was summarized and created by me through learning from different Retail Traders, Institute
Traders, Trading Instructors, Authors of Trading Books, Online Trading Articles, Trading Video Creators and my brain.
Special Thanks to:
(Retail Traders)
May Ng, Anthony Hao, Kim Wee Liang, Janice Yeh
(Institute Traders)
W** C**** (he will get wack by his bank for sharing info), Nicholas Tan, Anton Kreil
(Trading Instructors)
Sam Seiden, Jeff Manson, Alfonso Moreno, Nicholas Tan, Anton Kreil, Nial Fuller
(Authors of Trading Books)
Nicholas Tan, Steve Nison, Van K. Tharp, Mark Douglas, Mike Bellafiore, Chin Yong Sak, Toni Turner, Gregory L. Morris
(Trading Video Creators)
DayTraderRockStar, UrbanForex
(Online Trading Articles)
BabyPips, ForexFactory, Investopedia, MoneyShow, Urban Forex, Forex-Strategies-Revealed, Forex4noobs
(And)
My Brain
Thanking them for providing different pieces of jigsaw in order for me to frame the complete picture of trading.
The purpose of this guide is to reveal the facts, trading ideas which I concluded and to adopt knowledge to people who have
interest in trading the financial instruments and to avoid scams and funny ideas.
This guide is based on proper education with proper techniques to help you grow and conserve your capital well, not for
rescuing your initial capital.
Nobody can guarantee your success to making profit in trading including this guide. To master the whole trading concept and be
profitable, you need lots of patience, hard work, logical sense, flexibility and experience.
You may also email me at Kampongkia18@hotmail.com if you have questions from anywhere, regardless from
Babypips or other websites. Please... I beg you to spam me with all your questions! I wish to build this into a perfect
guide and because I might miss out some stuff too.

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2. Disclaimer MISSING!!

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3. About Me
Im a pure stingy Singaporean and also a Private Trading Tutor (teaching is just my hobby, I do not make money out of it.). Im
not high educated, if you know Singapores education system, Im a normal technical student with GCE N(t) Level and my
highest qualification is NITEC in Electronics from the ITE.
My personality had always been the stubborn and rebellious type. Since childhood, I hated studies and love to skip school to
work different kind of jobs. My academy grades are poor because I failed to complete my school assignments and always
sleeping in classes but somehow managed to pass my GCE N(t) Level.
Proceeding to higher stream, I decide to work hard a bit for my NITEC and got flying colours.
I'm not clever with an low IQ of 80 points because I anyhow do my IQ test but my logical sense exceeded average human
beings and thank the holy that trading is more about being logical.
In life, you will always be compensated with something when you lacked of another stuff, make good use of your main talent and
the stuff that you have little will play the role of supporting your main.
Grudging on your lacks doesnt help at all, being stress doesnt help at all, so please throw them away.
Bear with my grammar and vocabulary mistakes, please, sorry and thanks a lot!
I started working since 14, done different kind of jobs throughout my life like Cashier, Waiter, Promoter, PC Technician,
Salesman, Deliveryman, Chef, Clerk, Administrator, Marketer, Auditor, Operations Planner and started a short-term business.
At my age of 16, I saw many newspaper articles advertising Trade Forex, make 10k a month and Mum made 8k a week
trading Forex whichever it is, I find it too convincing to believe and I didn't bother to learn about it because I was only into
Stocks but I haven't began my journey due to large capital required to buy Stocks. Although I come from an average family but
my parents are the unsupportive type with traditional thinking, they only believe that humans must work hard like an ox in order
to live a stable life, then you will really become an ox in a stable.
I am damn lazy, I want my freedom and I don't want to work throughout my life earning less than 3k per month. I don't need
sports car or big houses, I just want to retire by 35 years old with a 5x5 sq ft room for me to sleep, to roll on the floor and
enough money to spend on delicious food. When I'm freaking rich, I must build a school for the orphans to eat well, sleep well,
play well and educate them well till they can be independent cuz I love kids and I want to have a statue of myself in my school. I
must build a building to help House Rabbit Society Singapore (HRSS) to provide shelters and needs for the rabbits they rescued
cuz I love rabbits too. Although I might keep falling while achieving my dream but I will not give up or let anyone stop me till I
kick the bucket.
I went on living my peaceful life, serving my 2yrs national service and head out to work for companies till one fine day, I
happened to accidentally peeked at one of my colleague's pc (May Ng), saw her looking at the stocks she bought and that's
where my journey started.
She introduced me to MSCI Singapore Index (SiMSCI) as she's more adaptive to slow market and thought me different types of
financial instruments. Me at my teenage, I do not have the money to risk on Futures, so i decided to look into Forex instead and
feel this is the only way to my freedom (not financially).
I spent lots of time (LOTS~) going big big rounds learning different stuff, trying out my different kinds of funny funny stuff that
never make me money (like lucky buy lucky sell which made me laugh at myself whenever I think about it now) till I stopped and
realized I should master things and I did it 1 by 1.
Not long later, my sister got scammed by (Statistics Traders) into buying their $3k courses which is full of bullshit with their BIG
words in every pages reading material telling students to place pending order at the previous day high & low everyday at 5am.
Many more of their bullshit to go (like Strategy not to be thought, 100% blah blah) can't remember. By the way, they are no
longer around.
My sister deposited $250 into Fxprimus recommended by the scammers. She lost $50 and she stopped due to her fear of losing
more. She never touch trading again.
I picked up trading myself 4yrs ago (19 yrs old), making consistent profit 3yrs ago and able to see the market clearly when I
woke up 1day last year (just happened *Blink Blink* so sudden, I cant explain why.).

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I trade Stocks, Futures, Forex, Commodities and strongly encourage people NOT to trade Binary Options.
How do I trade? Im a full TA trader who pick tops and bottoms but doesnt mean I do range bound only. Day, Swing, Position
trading is not a problem for me and I believe in earning more pips is definitely better than more money with less pips. I want to
earn $100 in 10pips and not $100 in 1pip.
Why am I stingy? I dont go for paid courses cuz I believe I can be successful learning myself.
I read cartons of books from libraries cuz its FREE, I attend free seminars cuz its FREE, I do tons of research online cuz its
FREE and I dont trade with real money until I get consistent profit from demo acc cuz its FREE.
Some strategies or tools can be done purely on its own and some you have to combine but you should not anyhow mix them.
Just like food, anyhow mix ingredients can taste bad.
When you have good combinations, you can trade both during range bound and trending days as long the market move.
Having a combination is the best due different people uses different strategy. We take different indicators (human's psychology)
and put them together to pinpoint where and when they have the same mind-set to buy or sell at the spot.
Through my trading journey, I found out that understanding how the proper use of indicators, strategies, risk and money
management, psychology and having experience are so important to the max but people dont actually teach you the full
function of it and most of the time trying to make things easy for you to get buy or sell signals. When things failed, traders will
skip to another funny stuff again and so on.
In my theory, all fanciful strategies are created to find Demand & Supply zones in the market by look at the chart. Combination
of different indicator is going to put odds in your favor, wash away noises and give you quality trades. Some might say its messy
with so many indicators and rules but Nehh I can combine 4 indicators and have simple set of rules to follow but my rules are
more strict than the military, I do not close one eye on my trade setup, NO ENTRY MEANS NO ENTRY!
I can only start off with functions of indicators follow by money management because you will need to know your strategy first
before you can applying risk & money management.

Let's Get

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4. Candlestick Patterns (CSP)


I love CSP and it is my base for all of my instant execution strategies. I use it as the current sentimental of
the market for the next move to go up or down, as well as for triggers to enter trades and to tighten my
stop loss cuz I'm stingy. I started off trading with only pure CSP during my noobish days and it yard me
average of 300pips every month until I got greedy and lazy. I abandon this baby to seek for more profitable
and slacking ways because I don't want to keep staring at my computer. Well... I'm back for this baby after
a merry go around the world, LOLs!
These basic 9 sets of CSP are enough for your trading.
Neutral: Doji, Spinning Top & Bottom (needed for Level 3 'Stars' CSP)
Level 1 with 1 candle: Hammer & Shooting Star, Shaven Top & Bottom, White & Black Marubozu
For Hammer & Shooting Star, bull/bear colored Does Not matter.
For Shaven Top & Bottom, bull/bear colored Does matter.
eg. When you are going to long, you must have a bull colored Shaven Top.
Level 2 with 2 candle: Bull/Bear Engulfing, Bull/Bear Harami, Piercing & Dark cloud cover, One White
Soldier & One Black Crow.
Level 3 with 3 candle: Morning & Evening Stars, Morning & Evening Doji Stars
For Morning & Evening Stars, bull/bear colored of the Stars Does Not matter.
Do note that
eg. If you are using 15mins timeframe then Bullish Engulfing = 30mins Hammer or Shaven Top.
eg2. If your are using 15mins timeframe then Morning Star = 45mins Hammer or Shaven Top.
Put the pictures together and you will get this.

Level 2 & 3 CSP are created so that you don't have to keep switching timeframes to find Level 1 CSP.
CSP can be created during noise and to get quality CSP, you should take CSP at levels.
CSP can be very long or very short.
If you think CSP too long, you should wait for around 50% retracement before entering trade (Just do limit
orders).
If you think CSP too short, you can choose not to enter the trade or wait for a close of next candle to
confirm.
If you are in doubt or uncomfortable with the CSP then don't trade, wait for the next setup.
To be fixed on the length,
15mins timeframe:
10 pips & below = Best
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3 pips & below = Too Short


15 pips & above = Too Long
For new traders, always to wait for nice and obvious CSP that wont give you a headache whether too long
or too short. When you got experience, you will automatically know how to trade headache CSP.
(Thinking whether the CSP is nice or not for too long, means it's not. 1 or 2 glance should give you the
confident on the CSP).
CSP must have a previous opposite slope.
eg. 15mins timeframe Bullish CSP must be created during a 15mins timeframe downtrend. Slopes must be
obvious to your eyes. In doubt for the slope, don't approve the CSP.
(Thinking whether is it a slope for too long, means it's not. Same thing, 1 or 2 glance should confirmed if
not, just forget about trading the CSP). Don't push your eyes to accept a false slopes.
The CLOSE of CSP is where you can trigger to enter your trade. There is no need for 1pip breakout above
or below the CSP cuz it's like giving free money for nothing.
Pure CSP trading can make you money if you know how to pick the good ones, whether it worked out or
not at the ended doesn't matter as long you know you picked the right ones and controlled your risk.
(Remember, you can't tell your future winning rate or have 100% winning rate even when you picked all
the perfect CSP.)
How do you pick CSP?
1: You can anticipate the CSP before the close to confirm (Depends how fast and experienced you are,
newbies might need 1min or so. (Anticipate just meant what the patterns will be, not jump into trade before
it close.)
You will also be able to tell whether CSP is going to be too long or too short to do a quick plan on how to
enter the CSP once confirmed (Take market, do limit orders or skip trade).
2: Look left to check for Slope.
The slope should not be steep up/down cuz you want to see bull & bear fighting to push up or down and
not to catch a falling knife. (Trading Stocks or Futures, only steep down is not allowed, you can short a
steep up. Reason being Forex compares currency against another, on the chart you see steep up =
another steep down = falling knife for that particular currency)

The slope where you can walk up/down comfortably, not having to fear you will fall and roll down. Using
angle 45 degree is the best, 80 degree will be too dangerous.
Let's imagine the scenario with you going to support the bull,
You want to see:
The bull is lying on the floor to save up more energy and the bear continue to lose energy while bully him =
Downtrend
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Suddenly! The bull stood up! = Bullish CSP (This is the time you give your support.)
After that you want to see him:
1 hit K.O the bear with a tornado kick! = Long bullish up
or hit the bear hard with an uppercut but the bear still standing with birds around his head = Sharp spike
up after that the bull can combo punch.
or combo punch the bear = Uptrend
After you take profit and the bull got no more energy, you change to support the bear.

And the story starts off with the bear on the floor. The mini trend should not have any sharp spike going
beyond your CSP. It's like the bull did an uppercut on your bear causing your bear to go blur and he might
get K.O any time and you want to runaway before the bear faint because the bull is going to punch you
also after that.

Save yourself first so that you can support other bull/bear which are still alive. In the market, the bull &
bear will not die, therefore you don't need to save them.
Why is Slopes needed?
Slope wash and rinse the extra demand/supply orders and CSP is the slope's mouth to tell you that 'Okay,
I gone up/down enough, let's go opposite'. Leaving the high/low mark for you to know there's a high
probability lots of demand/supply parked at that price.
eg. Bullish Engulfing's 1st candle wash away all extra demand and the bottom of 2nd candle indicate high
probability lots of demand are being parked there. Therefore your STOP LOSS should be set 1 pip +
fixed or average variable spreads below the strong demand point. Let the bears take the bulls out
before kicking you out.

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5. Pivot Point (PP)


PP is good for new traders, it gives you the concept of how to trade a true support and resistance and you
don't have to actually find it yourself cuz finding true S/R will be damn frustrating for newbies. With PP, you
can play with the trend and do reversals, no need to worry about today is a range bound or trendy day.
Download Indicator : FXI pivots.ex4
Best to calculate yourself for knowledge
You don't need fanciful calculation due to the levels are zone not specific price (3pips +/- for each S/R),
different kind of calculation like eg. Fibo Pivot are just plus minus a bit off from the Standards.
Trade using Daily PP is enough, Weekly PP are just for reference. (eg. If Weekly S1 is somewhere around
the same as Daily S1, you will know odds are higher when you trade at that level. END.)
FXI uses Standard Floor calculation:
PP = (Yesterday's High + Yesterday's Low + Yesterday's Close) / 3
R1 = (PP * 2) - Yesterday's Low
S1 = (PP * 2) - Yesterday's High
R2 = PP + (R1 - S1)
S2 = PP - (R1 - S1)
R3 = Yesterday's High + (2 * (PP - Yesterday's Low))
S3 = Yesterday's Low - (2 * (Yesterday's High PP))
*Important*
To calculate PP, use only (YHigh, YLow, YClose) from open of Sydney session to close of New York
session. If your period separators doesn't reset at 0:00hrs, you can't use FXI pivots.ex4.
1 opportunity is generated every time price touch an S/R level.
Always wait for price to move to the next level whenever got stopped out.
Never try to enter twice at the same level at the point of time being stopped out, you will cause confusion
to yourself.

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1.Opening
Wait for Price to move away.
End of the 1st box, Price @ middle of PP & S1.
Wait for Price to move towards S1 for LONG or return to PP for SHORT.
2. Price @ S1
Wait for Signals to LONG.
If Stopped out, wait for Price to move to the next level.
3. Price @ S2
Wait for Signals to LONG.
If Stopped out, wait for Price to move to the next level.
4. Price @ S1
Wait for Signals to SHORT
If Stopped out, wait for Price to move to the next level.
5. Price @ PP
Wait for Signals to SHORT
If Stopped out, wait for Price to move to the next level.
~Vice Versa~
1.Opening
Wait for Price to move away.
End of the 1st box, Price @ middle of PP & R1.
Wait for Price to move towards R1 for SHORT or return to PP for LONG.
2. Price @ R1
Wait for Signals to SHORT.
If Stopped out, wait for Price to move to the next level.
3. Price @ R2
Wait for Signals to SHORT.
If Stopped out, wait for Price to move to the next level.
4. Price @ R1
Wait for Signals to LONG.
If Stopped out, wait for Price to move to the next level.
5. Price @ PP
Wait for Signals to LONG.
If Stopped out, wait for Price to move to the next level.
If Price open @ middle of PP & S1 or PP & R1, you start off from the End of the 1st box.
You can LONG any bullish signals between S2 & S3, as well for bearish signals between R2 & R3. Touch on S3/R3 isn't
necessary.

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6. Stochastic (STO)
The trend always lies to me! It went against me whenever I hop on to ride! Then use the STO, it function
as a lie detector.
The overbought and oversold zones are bullshit! Price reaches the zone but the trend did not stop! They
are both liars!
Many traders simply think they just have to long/short whenever STO shows OB/OS. No, STO doesnt
work like that!
Just like CSP, STO is my base too and it helps with my instant execution as well for my parking strategies,
unlike CSP that does instant only. Okay, I got these 2 indicators as my only base, so dont worry Lols!
For OB/OS to be activated there must be a Regular or Hidden Divergences.
And my STO periods are set to (%K: 9, %D: 3, Slowing: 3, Price field: Low/High, MA method: Simple,
Fixed Min/Max: Ticked) and why? The rest are default except my %K but there are no magical numbers for
me to set the %K. I just dont want my %K to be too far away from my %D.
Remember this:
Regular Divergences are for reversal of a trend.
Hidden Divergences are for continuation of a trend.
When you wanna BUY, you wanna buy low, so you look at the lows of your Chart & STO.
When you wanna SELL, you wanna sell high, so you look at the highs of your Chart & STO.
Swings on STO:

Swings are medium or extreme.


Imagine you are playing on a swing and to have fun, you want to swing to the fullest.
The wiggles in the boxes are not swings (You can filter and take it as a full swing like the 1st image).
Avoid and wait for other swings when there are too much wiggles or flats like the 2nd image.
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To Long:

Regular Divergences (Reversal - Convergent)


c1 shows a swing low and s1 must be below OS (deeper the best).
c2 is lower than c1 but s2 is higher than s1.
S2 is best below OS but same low or below s1 is not allowed.
Normally in this scenario, you got no idea whether it will go below s1 because s2 is still on the way down.
You will be too slow waiting for the 2 lines to crossover and false crossover always happen.
(eg. Now on the close of 1st candle, you saw the lines crossover but the next candle close, your lines
divert away and did not cross.)
Then you are in for a wrong ride and you will extend your waiting time for a confirm crossover causing you
to enter at a bad price the next time.
So best you combine CSP or if you have any other ways to produce signals for you to jump in before STO
make it's U-turn.
The circle on c2 is where you wait for signals to go long for counter-trend.
Hidden Divergences (Continuation Divergent)
c2 shows a swing low. s2 touch OS isn't necessary (s2 too deep below OS is bad).
c3 is higher than c2 but s3 is lower than s2.
s2 must be higher than s3 (same low is not allowed).
S3 must touch or be below OS (deeper the best).
This scenario, you will be able to see when your s3 is below your s2. So, no worries.
The circle on c3 is where you wait for signals to long to hop on the trend.
~Vice Versa~ To Short:
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Regular Divergences (Reversal - Divergent)


c1 shows a swing high and s1 must be above OB (as high in to the sky the best).
c2 is higher than c1 but s2 is lower than s1.
S2 is best above OB but same high or above s1 is not allowed.
STO ain't so good with Regular Divergences (Reversals), so best to have other ways to produce signals.
I'm still using STO because of its has high sensitivity to produce extreme swings than RSI, MACD or
OSMA and it's easier with fixed 0 to 100.
Hidden Divergences (Continuation Convergent)
c2 shows a swing high. s2 touch OB isn't necessary (s2 too near to the sky is bad).
c3 is lower than c2 but s3 is higher than s2.
s2 must be lower than s3 (same high is not allowed).
S3 must touch or be above OB (higher the best).
Can be seen. Therefore, no worries.

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7. Bollinger Bands (BB)


I only use BB as odds enhancer with default settings for now due to I haven't discover high probability
ways to apply breakout's trading in my simple combo.
For now, the theory is simple. Look to Buy at the lower band or Sell at the upper band.
But what is the mid band for? Take profit? Answer is No...
Mid Band function like upper/lower band and only during trending period.
There are 3 range sizes for BB:
Thin or Narrow = Consolidations, this often happens when the volumes are low (eg. Asian session, during
holidays) or indecision of bulls & bears. Small candles are the hint to seeing this size.

Explode = Breakouts, happens due to high imbalance of order flow. (Did you read up about order flow? If
not, stop where you are now and go do some research.)

Average = This is where you trade range bound or hop on trends.

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Using BB to determine range or trend period:


Always treat it as range bound.
Trend trading:
Let BB expand with the price finished running the 1st stretch follow by a pull back to it's mid or opposite
band then wait for your signals to hop in.
eg. Bullish stretch -> wait for pull back and touch the mid or lower band -> wait for your bullish signal to
trigger a buy. (Your pullback bullish signals should not touch or break the low of the bullish stretch.)
If you are already in a range bound trade and in the correct direction, then you will be in money for the first
stretch + giving you a 2nd chance to re-enter or scale up on the pullback to get profit on the 2nd stretch.
That makes that day a home run for you!
Breakout traders:
You have to be in the trade during consolidation period, not jumping in when you see the 1st candle break
the upside/downside.
eg. You buy at the lower band to wait for breakout at the upper band, vice versa.
This way, you can have very tight stop loss and very high rewards.
Fortunately, you don't have to bother about the kid being in which size when you combine BB with PP and
because my journey to discover breakout have yet to finish. You just have to see price touches the upper,
mid or lower band. The size of the kid will function as a reference only and BB will serve as a confirmation
to detect PP is valid or not.
I haven't get full touch on BB yet but I'll share with you when I found a way to add in my combo then we all
can trade in any kind of situation. Do feel welcome to provide me with your ideas, Thanks tons!

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8. Simple Combo
You are waiting for this, ain't you? Or did you just skip through everything from top to here? (Please don't
skip here and start reading, you won't be able to pick up my concept to use this strategy properly!)
This combo is created for a super lazy guy like me. Just wake up in the morning, open my platform and
wait like a fool... Because there is no need for multi-timeframe analysis or touch on any tool unless you
need to manually plot PP then too bad, Lols!
I've been using this strategy on USDJPY & EURUSD due to low spreads plus I don't want to be so busy
looking at so many pairs for day trading on 15mins timeframe.
Signals are usually formed during Asian session to before the opening of US session. You don't have to be
there for 12hrs, you can choose to watch during the Asian or Europe session. Don't chase or bother too
much when you saw a missed trade.
This 2 pairs are enough to produce around 3 or more quality signals each pair per week and I profited 85%
of the time by using this since 2yrs+ till now.
Don't think too much because I got my experience and know how to pick. Again, you can never tell the
future winning rate, just believe until it fails you.
Seeing obvious is the key to lock up confusion.
The Rules are:
CSP must touch BB without +/- except CSP went over Upper/Lower Band.
PP's S/R zone = 3pips +/- from each of the 7 lines.
STO divergences if glance twice still not obvious, skip the trade. (No need to draw lines or compare figures
to see whether it has different highs or lows)
Touch = CSP sit on the PP/BB's lines.
Below/Above = CSP between PP's R2 & R3 or S2 & S3. CSP went over BB's Upper/Lower Band.
Escape = CSP went over BB's Upper/Lower Band.
W&R = Wash & Rinse
The image below shows Bullish Harami went below S2 and W&R BB's Lower Band.

Every trigger must be with the rules.


To Long (Reversal)
1. Bullish CSP must touch PP's S1/S2 or below S2
2. Bullish CSP must touch BB's Lower Band or escape below
3. Regular Convergent

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4. Bullish CSP close to confirm trigger


To Short (Reversal)
1. Bearish CSP must touch PP's R1/R2 or above R2
2. Bearish CSP must touch BB's Upper Band or escape above
3. Regular Divergent
4. Bearish CSP close to confirm trigger
To Long (Trend)
1. Price must pullback to touch any PP's S/R with Bullish CSP
2. Bullish CSP must touch BB's Mid/Lower Band or escape below
3. Hidden Divergent
4. Bullish CSP close to confirm trigger
To Short (Trend)
1. Price must pullback to touch any PP's S/R with Bearish CSP
2. Bearish CSP must touch BB's Mid/Upper Band or escape above
3. Hidden Convergent
4. Bearish CSP close to confirm trigger

You can find this above image on 26/Aug/2014, EURUSD. I don't have to pull so far back just to find you a
winning trade.
1st Box: Bullish Engulfing W&R BB's Lower Band and touch S1(zone) but there was no Regular
Convergent.
Result: NO Trigger!
2nd Box: Shooting Star escape above BB's Upper Band and touch the R1(zone) with Regular Divergent.
Result: Short Triggered!
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This is one of my home-run that took out the almost whole day range on 08/08/2014, USDJPY.
1st Box: Bullish Harami W&R BB's Lower Band and below S2 with Regular Convergent.
Result: Long Triggered!
2nd Box: Bullish Engulfing touch BB's Lower Band and S2 with Hidden Divergent.
Result: Long Triggered!
High Odds: CSP W&R or escape BB's Upper/Lower Band, CSP touch PP's S/R (except over S2/R2) and
CSP in STO's OB/OS.
My position sizing are fixed at 10pips including 1pip + 2pips spreads.
If CSP is shorter, my SL will be at the CSP high/low + spreads. Save my money lols! (Super stingy I know)
If CSP is longer, I will just wait for an entry within 10pips or add in little more pips.
Note that, your SL should not be more than 15 pips including 1pip + spreads. (Due to Risk : Reward)
Take Profit are fixed at 30pips from entry price and will not change because of shorter/longer CSP.
In home-run case (Trade within trade):
Old order's SL move to new order's SL.
Old order's TP move to new order's TP.
If you are going to trade on 1hr timeframe and above then PP is not needed.
Position sizing can go according to your trigger, TP will be 3x your SL range.
Shifting of SL
SL should not be shifted by numerical (eg. Breakeven/1pip/x1 whenever you got X profit or the so-called
psychology 00s levels '1.2000, 1.3000').
SL should not be shifted due to your fear of price returning to hit your SL. Be professional!

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Proper way to shift SL is by Swings high/low but not just any swings. No matter what you are using, you
need strong swings and have the confident that the swing is not going to be broken.
Shifting SL without logical sense is going to get you kicked out before your actually target reached.
I will suggest newbies not shift SL due to recording statistics purpose to see how many times your target
reached x2 or x3. This way you will also get more confident.
Partially TP
You may choose to take no lower than 75% at x2 profit if you're so afraid of losing. You will at least earn a
bit if stopped out.
Practice/ Forward test on demo for 3 to 6 months, record all your questions to spam me.

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9. Risk & Money Management


Most of the so-called trading gurus always emphasis that trading is all about risk & money management.
Telling you to risk no more than 2% per trade, risk no more than 4% overall and that's it for their R&M
management topic?? Not even 1min of explanation?? Do they even know what they are talking about??
Hell knows how much to pump in that particular trade when newbies doesn't even know how to pick a
good trade lols.
Sorry, I get so fed up whenever I think about them saying it.
Recommended amount to trade:
Forex = $3k cuz of high leverage and able to size down from Mini to Micro (Position sizing)
Futures = $50k cuz contract size are expensive
Stocks = Dont buy stocks if you have little amount of money cuz its not going to let you earn your daily
meal. How about penny stocks? Answer is No no no!
Recommended leverage:
As high as you can get from your broker
But Wait! Isnt high leverage risky??
Nehhh You will only use leverage for your margin purposes, not for you to over leverage.
How??
Margins are the money you have to maintain in your account when you are in an open position. The higher
leverage you have, the lesser margin you will have to maintain, more flexible when you are doing position
sizing and you dont have to worry margin call or being kicked out by broker.
1 Micro = 1k unit
1 Mini = 10k unit
1 Standard = 100k unit
Lets say you have leverage of 1:1 and you want to get 1 standard lot. The margin you need to
maintain in your account is:
100k unit / 1 leverage * entry price eg.(1.4000) = $140k
If your account's equity goes below $140k, your broker will automatically get you out of the position.
Some brokers might offer you to maintain only 25% to 50% of the margin.
Eg. 25% = You will get kicked out if your equity falls below $140k * 0.25 = $35k
And now for leverage of 1:100 and 1 standard lot, margin you need to maintain is:
100k unit / 100 leverage * current price eg.(1.4000) = $1.4k
If your account's equity goes below $1.4k, your broker will automatically get you out of the position.

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Different brokers have different margin requirement, you need to check it out.
Maintaining margin is your responsibility, not your brokers'!
How not to over leverage?
Eg. I funded my account with $3k
Im in leverage of 1:400, the highest my broker can offer.
You need to calculate the maximum lot size you can enter:
$3k balance * 400 leverage = $1.2m
Standard = $1.2m / 100k = 12 standard lots
Mini = $1.2m / 10k = 120 mini lots
Micro = $1.2m / 1k = 1200 micro lots
These are just rough figures, don't forget you still got current price that will lower down your calculated
maximum lot size.
And my dear friend, please do not trade up to 12 standard lots.
In order not to over leverage, you have to follow your risk amount per day per trade if you are doing Day
trading.
I use only 1% per trade for Swing (capped at 4 trades max = 4%, can only enter another after 1 closed and
2% per trade for Position cuz I don't get that many trades.
So my total risk % wont go over 10% of my account.
For Swing & Position, you may calculate your risk % on the spot as you have more time to do so and take
only perfect setup.
Now, just focus on Day or Swing trading first whichever you want but do it one at a time.
For my Day trading some times tend to be a bit wild and you want to be fast when trading on 15mins
timeframe, I standby up to 4% risks per day, normally I won't reach 4% (having standby is always good)
If you did not fully utilized your 4% today, doesn't mean you can add on for tomorrow.
Everyday is a fresh new day = everyday risk fresh new 4% only
So $3k * 0.04 = $120 maximum loss a day
You will have to recalculate your 4% everyday.
Or you may choose to recalculate after losing your max trades (Recommended).
Meaning to recalculate your 4% only after losing your 4%.
(Use your Excel Spreadsheet)
If you do not have Microsoft office, then download a free office called Apache OpenOffice google it. It
function just like MS office.

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Risk : Reward
Per day I know but how bout per trade?
It depends on your Risk : Reward ratios.
If your R:R is 1:2 then $120 / (1+2) = $40 per trade. Recalculate your 4% when you got 3 losses in a row.
If your R:R is 1:3 then $120 / (1+3) = $30 per trade. Recalculate your 4% when you got 4 losses in a row.
Take Note!
Whenever you win a trade, recalculate your 4% and start from 1st trade because when we want to lose
slower and gain fastest.
Why calculate like this?
Reason being if your R:R is 1:2, out of 3 trades, 1 winning can breakeven your day.
3 win = $240

0 loss = -$0

day profited = $240 - $0 = $240

2 win = $160

1 loss = -$40

day profited = $160 - $40 = $120

1 win = $80

2 loss = -$80

day profited = $80 - $80 = $0

0 win = $0

3 loss = -$120

day lost

= $0 - $120 = -$120

Meaning you only need to profit:


1 win / 3 trades = 0.33 = 33% of the time to breakeven
More than 33% = you are earning.
If your R:R is 1:3, you only need to win 1 out of 4 trades to breakeven = 25%
I do not believe in high risk to get high odds and don't tell me it's easier to TP 10pips with SL
100pips. People who does that are those who gamble in the market.
As a new trader, your risk to reward ratios should always be 1:3 since you can never tell your future
winning odds. You can only modify your R:R when you have enough experience and after collecting all
your statistics but you still should not have your R:R below 1:2.
Think about this negative numbering scenario:
Takoyaki thinks that he can have higher winning odds if he uses 3:1.
After 3 wins and 1 loss, he is back to square one plus he earned the frustration of wasting time and fear of
another 1 loss will dig hard into this account.
He went on trying again and this time he got 9 winnings in a row, he happily withdraws his money to
pamper himself. Upon forgetting about the 1 loss, the number 10th trade loss and dig his account, now he
will need to win 3 times to cover the hole and the money he withdraw to spent was actually his initial
deposit and not his profit at all.
Takoyaki will always have doubt when he wishes to withdraw money because he always trade in fear of
profits being wipe out and being dig. His only solution is to cover the hole with more winnings or top up
from his pocket.
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Even if he never spend the 6 winnings and decide to top up back with 3 winnings to patch up the hole, he
still fear another 1 loss will bring him back to square one.
Takoyaki must make sure he always win 75% out 4 trades in order to breakeven, he cant afford to make
any mistakes to his trades.
If youre this kind of trader or what I call the gambler, you will never last long in this industry. And trust me,
you can never grow your account with this way.
Why is good R:R so important?
With 1:3, you only need a winning rate of 25% to breakeven your account. If you win more than 25%, you
will be in profit. Doing the correct way, your account will eventually grow faster and faster, therefore you do
not have to worry about earning very little from the start.
Please do contact me if you cant even win 1 out of 10 trades in a row with 1:3. Help me to analyze the
market and I shall help you to earn money by placing trades opposite your direction. I need traders like you
because you are my pot of gold.
Always aim for low risk and improve your TA skills to get higher and higher winning odds.

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10. No Luck Trade


A good investment doesn't depend on luck.
Gambling = Simply place your money on the table and hoping your luck is good. In terms of gambling in
the market means putting in orders without knowing what you are doing or breaking your plan.
When a person know what he's doing and not depend on luck to win in a casino (eg. Counting Cards,
Memorizing Cards), he is not gambling.
In trading or whatever you do, you should 101% not have the thoughts of being lucky or not cuz you are
not the only one being stopped out at that level. If you ever have the thought about being unlucky due to
your trade being stopped out by 1pip, you are gambling.
Trust your analysis and if it always fail you, mean you're either lacked of experience, did not master your
stuff well or using stuff the wrong way.
Lots of people lose money due to psychology issues, always thinking about how much to earn a
day/month or fear losing again after getting stop out and forgot they need the knowledge to help them.
We do not want to place our money on the table without knowing what we're doing. We do not hope and
pray that our trades will turn out good. We don't do shortcuts.
Learn your stuff well and do your math, math is going to save you during your inexperience journey and
might still earn you a bit of money. This is why I still make profit even before being able to see the market
clearly.
We don't want unwanted risks, we always aim for the highest odds, so follow the plan even if you need 10
indicators to confirm a trade.
If you don't like indicators and only want to trade with clean & clear charts, you might want to learn
Demand & Supply from Alfonso Moreno @ http://www.forexfactory.com/showthread.php?t=428204
If you are very consistent and yet still losing money, just reverse your strategy. Statistics are important, so
you can find your ways to play around.
In the end, you must know that every risky stuff has a proper solution to handle it even doing one of the
most dangerous way which is sizing the Martingale's method.
Trading will not make you bankrupt or burn your fingers unless you trade without having the capital you
need.
eg. In Singapore, when you buy a stock, you will have to pay your broker within 3 days if not, what you
bought will automatically be sold back to the market.
If profit, it will be given to you but if loss, you will have to pay to make up the difference or else your broker
is going to sue you till you bankrupt.
People who done this way are gamblers without money, hoping the stock's price will move up to give them
profits and got busted.
How fast do you think a stock's price can move in 3 days? Or how much?
Many companies and shop business went bankrupt because they are on consignment. Consignment is a
type of leverage which allow businesses to grow faster by owing suppliers physical stock's money.
Wow! It's good!
Think Twice!

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During the downtime, suppliers will be out to chase for debts and companies/shops owners who cannot
pay up, will get sue by their suppliers till bankrupt.
Don't forget that companies/shop owners have to pay their rental, manpower and operational cost if not
they will have to close shop.
Close shop = Can't earn money = Can't pay debts = Die
Remember, as long you do not owe any debt, you will not go bankrupt and only invest when you have the
money. This way, your journey stress will only be not making any money but you don't have to worry about
paying up any debt.
If you are so that poor, go MacDonald to work and save up cuz you can also start learning while saving. I
do not believe humans with hands and legs can't find a job.
Don't be picky, just pick up any job you can get and seek out for better jobs to skip to. 10 bucks a day is
still better than nothing!
And now, what if more and more of people are using the same strategy? Is it good? Or too much is no
good?
If it happens, there will be lots of uncontrollable high slippage because everyone is trying to take market at
the same time and regardless of entries or exits, it will all depends on how fast you can be.
The people who uses the same strategy might unable to get TP when reached and price will turn over to
find it's SL.
Some might not even have the chance to enter or get out of their trade.
If massive amount of people does the same stuff, there will be tons of sharp spikes created on the chart
and there won't be any trigger for you to enter a trade. The strategy will disappear until the market
condition is back to normal cycle.
No idea how I can put it, just rough explanation.
But don't worry, it's not our generation problem because it will not happen in our time.

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11. Brokers
I can't recommend any brokers to you because I got my overseas accounts under the name of institutes in
Singapore to have double guarantee that I will be able to withdraw my money whenever I want.
Always have an account regulated directly by one of these regulation boards 'NFA, CFTC, ASIC, or FCA'.
Don't go for any brokers that are regulated by Mauritius because they are offshore.
Directly = Not through some jokers that are regulated by 'eg. ASIC'. Like Fxprimus through HLK Group Pty
Ltd to ASIC.
If they can't get the license directly means they are bad. Don't need to talk too much or come out with
putting your money somewhere else for more security. END.
What you need is to be able to withdraw your money from your broker.
Don't worry about brokers playing tricks on you because brokers don't care about your few thousand
dollars.
Do you think brokers will be stupid enough to spend millions just to push the market price to hit your 1k or
10k SL?
Do you think brokers will be stupid enough to widen spreads just to stop out you and get into trouble with
their institutional clients and get investigated by their regulation board?
Whichever broker you go, whether it's regulated or not, with dealing desk or not, you will always get B
book first until you can show consistent profit then they will transfer you to A book which is sure STP.
If you still feel insecure, then open your account from Singapore's brokers. Although, all Sg's brokers are
market makers but Singapore Exchange (SGX) will guarantee you being able to withdraw your money and
Sg's brokers are strictly not allow to do funny stuff plus limited maximum losses during slippage.
Yes, SGX is more strict than any regulation board mentioned above.
I use Sg's brokers for my Stocks and Futures only because I need high leverage for Forex which Sg's
brokers are not allow to provide (max 1:50).
For overseas brokers, some bucket shop might claim that they are regulated but they are not. Don't be
afraid to call up or e-mail their regulation board for double confirmation.
Do not get scam by those good offers, like bonus, double your initial deposit, 0 spread or freaking high
leverage and so on.
Only go for their offers after you checked them! T&C applies! check, Check, CHECK!
Check the regulation, license, policy, margin, margin call, stop out level, leverage (some might change
your leverage when your account exceeded a certain amount), spreads, deposit & withdrawal fees and
ways.
Paypal and Skrill are good. Never use Credit/Debit Cards, please leave your bank account empty if you
want to use debits and debit through Paypal/Skrill to your broker, never do direct transfer to your broker.
Do your homework! Don't be lazy to read policies!

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12. Avoid Scams


No matter where the gurus are from, NEVER put your money into anyone's pocket!
Scams aren't that hard to avoid but often people are blinded by their greed into buying schemes and
courses.
These scammers are dirty enough to come out with their very convincing method and the new generation
schemes 'Not so convincing is very convincing' method to scam people who think they are very clever.
Whether their stories are true or not, I just enjoy listening to them but I will never buy it.
And don't ask me how I know all these when I didn't attend their courses. I just got my ways to find out.
Do NOT be fooled by:
Profit & Loss (P&L) If they are going to show their P&L to you, ask them to show live and right off their
trading platform, not images!
I can edit and turn all my losses into profit to show you with a simple tool called 'Paint'. If you're not aware,
just go search 'Paint' on your PC.
Demo Accounts Some broker's MT4 doesn't show 'Demo' on the head title of the platform.
To confirm, ask them to click on their 'Navigator' and check under the 'Accounts'
Demo account's number mostly have lots of digits, maybe around 7, 8 or more because tons of people
open demo account to try out. I can open free flow of demo for my students lols.
Discounts They just simply pick a price from the air to tell you that their course cost 10k, 20k or 50k and
100k even more pathetic but with their discount, they will cut their course fee till 5k or less.
Come on?? That's still higher than the market rate??
Free stuff You ain't getting anything free when you still needed to pay for their other stuff in the end.
Witnesses What is so difficult to just find or pay anyone who is willing to help me lie?
Some are videos, some even brought live witnesses, like Kishore M from PowerUp Capital.
Re-sitting You can get free flow re-sitting for the course whenever you want.
Subject to priority for new students. When you call them, they will just tell you off by saying no seats
available cuz too many new students.
And take note, who attend their so called cheap course, they will just let 1 previous student to re-sit to
show you that you will be able to re-sit too. They will shout out loudly that 'I got 1 student is here for re-sit'
and show him/her to the rest. The blur student didn't know he was being made use to help sell their stuff.
Hiring Proprietary Trader Scammers often use this term to tell you to take up their free course and
become their prop trader.
Please read the contract, T&C or what so ever paper you gonna sign!
T&C, if you decide not to become our prop trader after the course then you are subject to pay the course
fee which is ****k.
Sounded ok?? There's more!
IF you are rejected by the company to become their prop trader, you will STILL have to PAY!
This is one of the trick used by Linus from Norne Trader.
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Winning Strategies Remember what I said?


There are NO 100% winning strategy and you can't predict the future winning rate.
When you see 100% or 99.99%, you may just walk out the door. These jokers are likely going to teach you
Martingale's method or any other double up method. If you got no money to double then it's not their fault.
Most of them might tell you their winning rate is around 70%, unconvincing but making you to think it's
possible and seems like the truth. They will add on until now they are making. What about later? What
about if you're a newbie? Can you still get 70%?
Risk/Reward One of the Singapore trading guru mentioned on the media that she only go for 1:2 but in
her course, SR are used to make you take profit earlier which end up pathetically (Risk 1: Reward 0.8) or
1:1.x.
You want to survive in the long run? With this kind of R:R? 80% winning can hardly cover your losses or
earn you a meal.
Risk % No one is suppose to tell you to risk the amount you want base on your instinct or gut feeling per
trade.
Isn't this like indirectly tell you that if you always place more money on the bad trade then too bad?
Some traders might use their instinct but newbies does not have the feel of the market and professionals
don't base on gut feeling!
Methods Another Singapore trading guru doesn't even teach what he's doing because he got little
knowledge, no plan, trade base on his gut feeling and he double on his losses. What he teaches are
basically free from the internet and asking student to pick the indicators that they like to combine and come
out with their own rules.
He said he is a trend trader but can't even teach Moving Average properly? 'Crossover, you jump but if you
see MA cross here and there, you stay out of the market' and by the time, you really can stay out of the
market because you already lost all your money and can't enter trades anymore. Even if you can enter,
you can't even cover the losses like those true trend traders.
His assistant uses Fibo and CSP, can't even teach how to pull Fibo? Can't even teach CSP? Keep quiet on
her losses and happily post her Fibo pull on FB when the price reaches 423.6?
After seeing the students occurred so much losses, she come out with her funny method and ask them to
follow which also got bad R:R and end up students still making losses.
In his class, none of their students make money even those who did strictly follow the rules.
Both of them are just rich enough to double up on their losses and the assistant gave an excuse that she
can't teach.
So why are you there if you can't teach? Can't even handle your Futures class and yet still coming out with
your Forex Course?
A trainer can never teach properly when they don't use what they teach!
Quotes 'If I don't make you pay, you will never be serious in learning.' Often hear this quote?
Well, in fact it's quite true but if I got my passion fruit to teach, who cares whether you are serious or not. I
gave you the chance and you want to waste yours and my time then so be it.
In the end, I still enjoy teaching but it's you who is wasting your time and opportunity because I don't give a
third chance.
After reading all these, seems like you can't trust anyone? Yes! In fact! Trust yourself and learn yourself!
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13. Tips & Tricks


MT4 Platform
Buy & Sell Line:
Click on Tools > Options > Chart tab > Tick 'Show ask line'
or
Right-click on your chart > Properties > Tick 'Show ask line'

After that, you can see total 2 live price line as shown on image above.
You always BUY at the Upper line and SELL at the Lower line.
Your Line, Bar and Candlestick Chart's historical are created base on the SELL line. Therefore, you can't
see the previous spreads because BUY line doesn't create historical.
The gap between Buy & Sell line is the spreads.
eg, BUY @ 1.0010/ SL @ 1.0000/ TP @ 1.0030
Your Sell line will have to touch your SL or TP in order to close your trade.
Because after buying, you have to sell back.
Vice versa for selling first.
So when you're a victim of spreads, you know what happened. Lols!
Position Sizing (Volume):
The Volume (0.00) on the One-Click Trade and Order dialogue are
1.00 = 1 Standard Lot per pip = $10/pip
0.10 = 1 Mini Lot per pip = $1/pip

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0.01 = 1 Micro Lot per pip = $0.10/pip


and NOT (1.00) = $1.00/pip

Double check your volume before you enter the market! The numbers will jump and cause you to enter
wrong lot size.
Always highlight and retype.
If you want to enter 1 micro then highlight and type . then 0 then 1
If you change your mind then highlight and retype, don't do shortcuts!
Customize Toolbar:

Right-click on the tools > Customize > The Customizing toolbar will appear.
You can remove what you don't need or arrange accordingly to your wish.
You may want to remove the Crosshair and train yourself by clicking the scroll button on your mouse for
Crosshair.
The Customizing toolbar are sorted by categories. If you want to remove timeframe then right-click on the
timeframe category for your Customizing toolbar.
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Detach Chart:
You cannot detach the charts but you can detach the 'Market Watch, Data Window, Navigator, Terminal'
just drag and pull out.
Don't even think about downloading IBFX detach chart script. There are many problems with the script.
Fibonacci Tools:
Notice the difference below? Default (Left) is with Fibo % ratios only.
The right image is added on with Price at %.

Below image shows the Fibo Properties, just draw a Fibo and right-click on the red dotted line. Make sure
you can see the small yellow square box on the red dotted line before you right-click.
Level For you to change % plot by the lines.
To have Price shown on the lines Add %$ for every single description. Space, dash or equal added
between 0.0 and %$ will not affect anything, just for creating gaps purposes.

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