I believe that a trading course should only be offered if it will equip the attendees with the ability to trade with success.
This course is not an up sell for a greater, more advanced course! There is no “advanced course” or “master traders course” nor is there a “super traders course” which can only be accessed once all of the previous modules have been taken at £xxxx’s per course!
This course will equip you with the right tools and mindset to trade in harmony with who you are. It will assist you in the development of your own methodology and teach you to hang on to your trading capital when things get tough.
Furthermore, I will provide 12 months of support to all delegates of this course by email, skype and weekly video examples and tutorials.
Who is this Course for?
This course is for anyone with an interest in Trading/Investing successfully. Whether you have no knowledge or experience of the markets or whether you have been trading with limited success, this course will benefit everyone.
You will be provided with all of the knowledge necessary to be able to trade for a living and to be able to manage long and short term investments. There will be theory modules, at the end of which there will be practical exercises to develop the skill required.
At the end of the course each student should be able to:
1) Clearly define their strategy and be able to write it down into a trading plan.
2) Choose a market, analyse its chart and identify if there are any opportunities.
3) Define the risk and the target in clear terms.
4) Remain objective (to be able to change your mind about a trade if the variables have changed).
5) Enter the order into the market and execute the trade without procrastination.
6) Remain disciplined in the face of a string of losers or winners, and keep applying the same workable methodology.
There will be a clear understanding of the correct use of different time frames and chart types including Market Profile.
A selection of technical indicators will be introduced.
There will be a thorough training of the use of Fibonacci ratios.
There will be thorough training and exercises in identifying institutional order flow.
Several traditional chart patterns will be explored.
The student will be armed with enough knowledge to be able to choose a style which suits their personality and incorporate it into a trading method and plan.
After 6-8 weeks, the student should be profitable and be developing his/her pattern recognition skills to increase the numbers of opportunities.
Course modules: (OVER SIX WEEKS)
2) Line drawing.
Trend Lines, Channels, Triangles. Double tops and bottoms, Head and Shoulders, Ranges, Expanding Triangles, Diamond tops and bottoms, Cup with handle, Flags, Pennants, Island reversals, Scallops, Rising peaks, falling peaks.
PRACTICAL; OPEN CHARTING PROGRAMME AND SET UP CHART WITH TECHNICAL INDICATORS.
IDENTIFY PATTERNS LEARNED IN THIS MODULE.
3) Times frames and cycles.
Correct method of analysis using time frames.
Identification of cycles within cycles through the time frames.
PRACTICAL; FILL IN THE NEXT MOVE!
Application of Fibonacci ratios to ascertain market direction.
5) Pattern recognition.
Introducing Fibonacci analysis to the following patterns:
AB=CD – Bullish & Bearish.
Gartley – Bullish & Bearish.
Butterfly- Bullish & Bearish.
3 Drives to a top.
3 Drives to a bottom.
Head and Shoulders.
Inverted Head and Shoulders.
PRACTICAL: FIND THE ABOVE PATTERNS AND APPLY FIBONACCI ANALYSIS.
6) Fundamental Analysis.
Which information should be monitored for each market.
How to correctly interpret this data.
Where to find data.
7) Risk control/Money management/ Trading Psychology.
Risk reward ratios and targets.
PRACTICAL; FIND 10 TRADES ON ANY TIME FRAME. WRITE OUT RISK TO REWARD RATIO.
8) Futures markets.
The exchanges and products listed in each.
9) Putting it all together.
Open chart and analyse from the top down. Prepare a bias report, through the use of pattern recognition, explaining the reasoning and logic for the bias in each time frame.
Consider the fundamentals.
Identify an opportunity from the report.
Write out the entry, stop and limit.
10) Long Term Chart Analysis
Moving on to a more advanced approach to the Markets and exploring why the big picture is so important in day trading, as well as swing trading.
11) Japanese Candlesticks
A study of a range of Candlestick patterns, their interpretation and the integration of this knowledge into your trading plan.
12) Institutional order flow;
Explanation of why this works
Identify high probability supply and demand areas.
PRACTICAL: IDENTIFY ALL SUPPLY AND DEMAND AREAS. LABEL THEM IN TERMS OF STRENGTH OF IMPORTANCE.
13) Market Profile.
Explanation of the profile and importance /meaning of volume.
The bell curve.
Single prints/ buying and selling tails.
Double distribution day.
PRACTICAL; IDENTIFY ALL OF THE ABOVE FROM A NORMAL CANDLESTICK CHART.
14) Market Harmonics
A study of the "vibration" or frequency of the markets and how different asset classes have a different Harmonic or frequency and the use of this information to help time trades.
15) Session Times.
Identifying trading opportunities based around the session times of London, New York and Tokyo.
16) Trading Plan.
Probably the most important chapter because here is where you will define the rules which will determine your success.
Objective is to graduate to live trading by becoming consistently profitable.
Evaluation after every 10 trades.
UNLIMITED EMAIL SUPPORT
WEEKLY EXPLANATORY VIDEOS BY EMAIL
6 X 20 MINUTE TELEPHONE CALLS