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Showing posts from April, 2025

Weak Areas of Support and Resistance: Why They Fail and How to Find Strong Zones

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Learn to Trade in 5 Days Weak Areas of Support and Resistance: Why They Fail and How to Find Strong Zones Weak areas of support and resistance, with fewer than 3 clear rejections, are unreliable for trading, but adjusting them slightly can reveal strong zones with multiple taps for high-probability setups. After seven years of trading and millions in profits, I’ve used Price Action Trading to generate $1,000–$11,500 weekly in the $6.3 trillion Forex market with my set-and-forget strategy. In this guide, I’ll explain why weak areas fail, how to find strong areas of interest, and share a real trade example to show the difference. Get my 5-Day Trading Mini-Course 1. What Are Weak Areas of Support and Resistance? Weak areas of support and resistance are zones with fewer than 3 clear rejections (taps), lacking the historical respect needed for reliable price reactions. Key Characteristics: Support: A zone where price bounces upward but has only 1–2 unclear ...

How to Trade Areas of Interest: Master Support and Resistance in Forex

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Learn to Trade in 5 Days Types of Areas of Interest: Master Support and Resistance in Forex Areas of interest—psychological, strong, weak, and break-and-retest—are critical zones where price reacts, offering high-probability trade setups. After seven years of trading and millions in profits, I’ve used these Price Action Trading zones to generate $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll explain the types of areas of interest, how to identify them, and share a real trade example to show their power. Get my 5-Day Trading Mini-Course 1. What Are Areas of Interest? Areas of interest are price zones where buyers or sellers dominate, causing reactions like reversals or continuations, encompassing support, resistance, psychological levels, and break-and-retest patterns. Key Types: Psychological Areas: Round numbers (e.g., 1.7000, 1.7500) where price often reacts due to trader psychology. Strong Areas: Support/resistance wit...

What is Support and Resistance? Your Key to Forex Trading Success

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Learn to Trade in 5 Days What is Support and Resistance? Your Key to Forex Trading Success Support and resistance are critical areas in Forex trading where buyers and sellers clash, driving price reactions that can lead to profitable trades. After seven years of trading and millions in profits, I’ve used Price Action Trading at these areas to generate $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll explain support and resistance, why they’re essential, and share a real trade example to show how they work. Get my 5-Day Trading Mini-Course 1. What Are Support and Resistance? Support and resistance are areas of interest where price reacts due to buyer or seller activity, acting as floors (support) or ceilings (resistance) for price movement. Key Definitions: Support: A level where price declines, buyers step in, and price bounces upward (e.g., buyers “support” price). Resistance: A level where price rises, sellers intervene, ...

Trade Like You Only Have 20 Trades Left: Grow a Small Forex Account

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Learn to Trade in 5 Days Trade Like You Only Have 20 Trades Left: Grow a Small Forex Account Trading as if you only have 20 trades left forces discipline, calculated risks (5–10% per trade), and a nonchalant mindset to grow a small account ($500–$5,000) into significant wealth. After seven years of trading and millions in profits, I’ve used this Price Action Trading approach to generate $1,000–$2,500 monthly in the $6.3 trillion Forex market. In this guide, I’ll show you how to trade with limited opportunities, scale an account, and share a real trade example to prove it works. Get my 5-Day Trading Mini-Course 1. Why Treat Trading Like You Have 20 Trades Left? Treating trading as if you have only 20 trades left instills discipline, forcing you to take high-probability setups with calculated risks (5–10%) to maximize growth from a small account. Key Principles: High Risk for Growth: Risk 5–10% per trade (e.g., $50 on $500) to scale small accounts, as 1–...

Keys to Get Started with Day Trading: A Beginner’s Guide

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Learn to Trade in 5 Days Keys to Get Started with Day Trading: A Beginner’s Guide Starting day trading doesn’t require fancy equipment or a large account—just a small deposit, basic tools, and extreme discipline. After seven years of trading and millions in profits, I’ve used Price Action Trading to generate $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll share the essential keys to begin day trading, explain TradingView charts, and provide a real trade example to kickstart your journey. Get my 5-Day Trading Mini-Course 1. What Do You Need to Start Day Trading? Day trading requires minimal setup: a small starting capital, a device to view charts, TradingView and MetaTrader accounts, a trading strategy, a trading plan, and discipline to follow through. Key Requirements: Small Starting Capital: Begin with $100–$200 you’re willing to lose to learn without stress, avoiding funded accounts’ strict rules early on. PC/Laptop: Any...

A Day Trading Plan: Your Blueprint for Forex Trading

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Learn to Trade in 5 Days A Day Trading Plan: Your Blueprint for Forex Success A day trading plan is like a car engine—every component must work perfectly to drive profits in the $6.3 trillion Forex market. After seven years of trading and millions in profits, I’ve used a disciplined Price Action Trading plan to generate $1,000–$1,500 weekly . In this guide, I’ll break down the essential elements of a day trading plan, why shortcuts fail, and share a real trade example to show it in action. Get my 5-Day Trading Mini-Course 1. What is a Day Trading Plan? A day trading plan is a structured set of rules ensuring disciplined trading, covering risk percentage, operation hours, maximum trades, rule enforcement, and trade journaling. Key Components: Set Risk Percentage: Risk a fixed percentage (e.g., 2–4%) per trade to protect your account. Operation Hours: Trade only during high-volume sessions (London/New York) for momentum. Maximum Trades: Limit to 1–2 t...

Why We Can Only Sell in a Bearish Market: Master Top-Down Analysis

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Learn to Trade in 5 Days Why We Can Only Sell in a Bearish Market: Master Top-Down Analysis In Forex trading, you can only sell when lower timeframes align with a bearish market confirmed by top-down analysis, ensuring high-probability setups. After seven years of trading and millions in profits, I’ve used this Price Action Trading strategy to generate $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll explain why counter-trend trades fail, how to wait for bearish alignment, and share a real trade example to prove it. Get my 5-Day Trading Mini-Course 1. Why Sell Only in a Bearish Market? Selling in a bearish market means aligning lower timeframe entries (e.g., 30-minute) with the bearish trend confirmed by higher timeframes (weekly, daily, 4-hour) via top-down analysis. Key Principles: Top-Down Analysis: Start with weekly/daily/4-hour charts to confirm a bearish trend (lower lows/highs, LL/LH), then use 30-minute/15-minute char...

What is Top-Down Analysis? Your Key to High-Probability Forex Trades

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Learn to Trade in 5 Days What is Top-Down Analysis? Your Key to High-Probability Forex Trades Top-down analysis is a structured approach to Forex trading, starting from higher timeframes (weekly, daily, 4-hour) to identify trends and zooming into lower timeframes (2-hour, 1-hour, 30-minute, 15-minute) for precise entries. After seven years of trading and millions in profits, I’ve used this Price Action Trading method to generate $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll explain top-down analysis, why it’s critical, and show a real trade example to prove its power. Get my 5-Day Trading Mini-Course 1. What is Top-Down Analysis? Top-down analysis involves analyzing market structure from the highest timeframes (weekly) to the lowest (15-minute), splitting the process into trend identification and entry confirmation. Key Components: Trend Identification (Weekly, Daily, 4-Hour): Determine if the market is bullish (higher hig...

Identify High-Probability Forex Setups in 15 Minutes or Less

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Learn to Trade in 5 Days Identify High-Probability Forex Setups in 15 Minutes or Less Identifying high-probability setups in 15 minutes or less using swing trading lets you trade with the trend, set and forget, and maximize profits with minimal stress. After seven years of trading and millions in profits, I’ve perfected this Price Action Trading strategy to generate $1,000–$6,000 monthly in the $6.3 trillion Forex market. In this guide, I’ll show you how to spot setups fast, trade them effectively, and share a real trade example that made $85,000 in under 24 hours. Get my 5-Day Trading Mini-Course 1. What is Swing Trading? Swing trading involves holding trades for days or weeks using higher timeframes (weekly/daily) to identify trends and set large take-profit zones, with lower timeframes (4-hour, 1-hour, 30-minute) for precise entries. Key Characteristics: Higher Timeframes: Use weekly/daily charts to confirm trends (e.g., bearish with lower lows/high...

Risk Analysis with BabyPips for Profitable Forex Trading

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Learn to Trade in 5 Days Master Risk Analysis with BabyPips for Profitable Forex Trading Risk analysis using the BabyPips Position Size Calculator is your key to controlling losses and maximizing profits in Forex trading. After seven years of trading and millions in profits, I’ve relied on this tool with Price Action Trading to generate $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll show you how to use the BabyPips calculator to manage risk, execute trades on MetaTrader 5, and share a real trade example to prove its effectiveness. Get my 5-Day Trading Mini-Course 1. What is Risk Analysis in BabyPips? Risk analysis in BabyPips involves using the Position Size Calculator to determine the appropriate lot size, stop-loss, and risk-to-reward ratio for a trade, ensuring you never lose more than planned. [](https://www.babypips.com/tools/position-size-calculator?ct=t%28%29) Key Components: Position Size Calculator: Calculates lot s...