The course discusses, Daily Routine, Macroeconomics, Market structures and Inflection points, Order flow, Writing a Business plan, Fractals and order Blocks, Support/Resistance, Backside of fibs, Key Levels, Avg Daily Range, Range expansion, and their 1 min Scalping strategy.
Get Forex Trading Course 101 & 201 – FXEvolve, only price $139
Description from website
Constructing a realistic risk model is FX trading 101. Your forex risk management system is key to your overall success. In the video below, we break down how to determine position sizing using the key variables of risk modeling. Obviously your winning percentage and losing percentages are pivotal to any trading system, but even systems with low winning percentages can be very profitable when you consider the size of your average winners and losers. Everyone loves big winners, but the frequency of these winners has to be considered. A system that has a high winning percentage is great, but it might not be very profitable if the trade frequency is so low it’s difficult to obtain a decent return. With multiple risk variables to consider there are many different combinations that compose any individual trading risk model. The important thing is to be sure your risk modeling is right for you, and your trading goals.
Many traders attempt to adjust themselves to the risk model of the system that they are trading. This is like teaching a tiger to become a vegetarian. Its against your nature. The key to success in creating a forex risk management system is to reverse engineer the process. Base your system on your risk profile not the other way around. You might not mind a string of small losers waiting for the the home run trade, or you may hate losing so much this sounds like torture. You would rather eat the elephant one bite at a time, consistently edging out small winners. Like any thing else that is worth doing well, Forex risk management is an on going process. We want to help you get started understanding the basics of risk management. This will help you understand more about not only your trading, but yourself as a trader.
This was the Tentative schedule- It was a live course so there were a lot of
Changes as the course progressed.
Monday
12:00 to 1:00 Course Overview
• The Power of Principles vs. “Holy Grail Trading Systems”
• My Principles of Success that every trader must adhere to
• Explain the core ideology behind my approach to financial markets
• Course teaches at least 5 different trading strategies
• Course Concepts can be used in any financial market
1:00 to 1:45 Money Management
• Risk versus Reward – the importance of the win/loss ratio
• Understanding the distribution of trend and the odds of consecutive loss
• You can go broke by taking a profit
• Determining positive expectancy
• The power of R Multiples
2:00 to 3:00: Building A Portfolio Risk Model
• Importance of managing your account equity as a professional
• Establishing objectives
• Building a plan to meet those objectives
• Power of R Multiples and Expectancy (cont.)
• How to run portfolio analytics with the FX Evolve Trade Log Application
3:00 to 3:45 Liquidity Cycles Thru 24 Hour Trading Day
• How liquidity, volatility and order flows move through 24 hour trading day
• Break down the day hour by hour
• Understand needs of Large Volume Traders in relation to price behavior
• Discuss costs of execution in relation to liquidity and time of day
• Specific currency pair activity
• What time of day to look for breakouts, reversals, etc
3:45 to 4:00 Lunch Break
4:00 to 4:45 Low Liquidity Fade Technique
• Required structural conditions for setup to occur
• Order flow mechanics of the technique
• Specific requirements of Pre-NY setups in general
4:45 to 5:30 Identifying Wave Patterns
• How the markets work in cycles, even intraday
• Understanding the larger waves – Crests, Troughs and Wave Lengths
• Understanding the inner waves – Whitecaps
5:30 to 6:30 The Power of Mindset
Tuesday
12:00 to 12:30 Writing A Full Business Plan For Your Trading Business
• Why writing out this plan is so powerful
• Discuss the business plan template
12:30 to 1:00 Developing Daily Routine
• A rigid structure is an essential component of dealing with chaos (price is chaotic)
• Establishing Pre-Market, Trading, and Post-Market Routines
• How to use the FX Evolve Trade Log Application to conduct performance review
1:00 to 2:00 Intro to Macroeconomic Analysis
• Importance of placing price in Macroeconomic Context
• How to identify macroeconomic sentiment
• Understanding the Most Important Economic Indicators
• Interest Rates
• Inflation
• Central Bank Operations
2:15 – 3:15 Introduction to Order Flow
• What is order flow?
• Buy stop, sell stop, limit buy, limit sell
• Where orders are placed and motivations of large order traders
• Touted order flows across news wire
3:30 to 4:30 Fractals & Historical MRZ’s
• Fractals Defined
• Price is an atom, fractal is the nucleus
• 5 Minute Chart
• 1 Minute Chart
• Higher Timeframes
4:30 to 5:30 Identifying Market Conditions
• Characteristics of Ranging Market
• Price Consolidation versus Ranging Activity
• Characteristics of Trending Market
• Playing Retracements
5:30 to 6:00 Ranging Structure
• How markets range, even intraday
• Understanding pivotal rotations off the range
6:00 to 6:30 Inflection Points
• Understanding wave cycles
• Recognizing ranging structures
• Determining high probability turning points in the market
Wednesday
12:00 to 1:00 Reading Candlesticks as Price Action Indicators
• Candlesticks Defined
• Reading Momentum and Failure
• The Hidden Power of Candle Closes
• Importance of last 5 minutes of hour
• Reversal vs. Continuation Candlesticks
• Average True Range and Candlestick Analysis
1:00 to 2:00 Daily Range
• Daily Range Defined
• When to fade and when to jump in for continuation
• Time of Day and ADR
2:00 to 2:30 Ross’ Technical Tools
• Pivot Points
• Moving Averages
2:45 to 3:30 Currency Strength Correlation
• Identifying strongest and weakest currencies
• How to use moving averages and pivot points to determine the most trade worthy currencies
3:30 to 4:00 Fibonacci Analysis
• Fibonacci Defined
• Fib Retracements & Extensions
• Backside of Fibs
• Price is never going to move 50-100 pips because a Fib level was hit!
4:00 to 4:30 Topping and Bottoming Structures
• Sharp Rejections versus Consolidation
• Sharp Rejection followed by fractal buildup
• Sharp Rejection followed by 76% pullback
4:30 to 5:30 Tom Strignano “How To Calculate Key Levels”
• Pivot Points
• Moving Averages
Thursday
12:00 to 12:30 Live Market Analysis
• Place price in Macroeconomic context
• Identify key levels
• Conduct technical analysis in order to identify potential setups
12:30 to 1:15 Entries and Exits
• Fade techniques
• Breakout techniques
• Understanding liquidity gaps for targets
• Origin of Intent
1:15 to 2:15 Steve Curlen Trend-Following Strategy
• Strategy Defined Systematically
• Historical Examples
• Live Market Action
2:45 to 3:45 Ross Jaklik Position Trading Strategy
• Trend, Reversal & Profit identifications – How to use the technical tools to spot Inflection Points
• Trend reversal identification
• How to stalk your entry points for maximum profits and minimal losses
3:45 to 5:00 Intro to Range Expansion Trading Method
• Method Defined Systematically
• Historical Examples
• Live Market Action
Friday
12:00 to 12:30 Live Market Analysis
• Place price in Macroeconomic context
• Identify key levels
• Conduct technical analysis in order to identify potential setups
12:30 to 2:00 Jason Hoerr’s 1 Minute Scalping Technique
• How to identify momentum on M5 and M15 chart
• Define specific parameters of entry
• Trade Management
• Forex Tester
2:15 to 3:45 Ross Jaklik Intraday Trading System
• Psychology & Philosophy – Understanding the psychological barrier of multiple entries within the same trading session
• Review Crest, Troughs, Wavelengths & Whitecaps
• Entry and Exit Strategies – Combine understanding of Inflection Points to find the most probable Whitecap areas in the market to intraday trade.
• Versatility – How Intraday trading principles can be used for precision entry on position trades as well
• Backtesting
4:00 to 5:30 Forex Tester
• Test various strategies and techniques learned in the course
• Track results in the Trade Log
5:30 to 6:00 The Next Step to Further Education and Final Questions
• Suggested books and websites
• Ongoing education
• Implementing Daily Routines for consistent structure
• How to implement the plan
• Keys to staying disciplined
FXEvolve Forex Advanced Trading course 201.
This Course Discusses:
How to Build a Risk Model
Entry Techniques- By Steve W from No Brainer Trades
Pivots
Trend Following Strategy-Steve Curlen
Systematic Approach
Key Levels
Topping/Bottoming Structures
Moving Averages
Liquidity Strategy
1min Scalping
Top Down Analysis
Risk Model Construction
Steve W (NBT) tips
This was the schedule that was supposed to be followed. Since it was live it doesn’t follow this exactly.
FOREX Course Schedule- Monday June 4th, 2012 All Times Eastern Standard Time (EST.)
12:00 to 12:30 Course Overview (Jason Hoerr)
–Establish goals for the week
–Discuss agenda
12:30 to 1:30 Portfolio Management (Jason Hoerr)
–How To Construct a Risk Model
–Finding your spot on the spectrum of risk
–Important of Systematic Approach
1:30 to 1:40 Break
1:40 to 2:40 Entry Techniques (Steve W.)
2:50 to 3:50 Intro to Pivots (Ross Jaklik)
–Understanding the structural relationship between basic support, resistance, and rotations in terms of pivot points.
3:50 to 4:00 Break
4:00 to 5:00 Trading While You Have A Full-Time Job (Steve Curlen)
–Swing Trade Basics
–Breakdown of Trending and Swing Trading Strategy Parameters
5:10 to 5:30 Open Q&A (Jason Hoerr)
FOREX Course Schedule- Tuesday June 5th, 2012 All Times Eastern Standard Time (EST.)
12:00 to 12:30 Importance of Systematic Approach (Jason Hoerr)
–How to systematize discretion
–Key variables of the system
–How to write it out
12:30 to 1:30 How To Identify Key Levels (Jason Hoerr)
–Key levels and Order Flow
–Confluence as clusters of orders
–Key technical tools that provide a defined edge
1:40 to 2:40 Intro to Moving Averages (Ross Jaklik)
–Identifying the most important daily simple moving averages and how they relate to market price action.
2:50 – 3:50 Topping & Bottoming Structures (Jason Hoerr)
–Market microstructure on 1 Minute Chart
–Rounded tops and bottoms
–Fractal + Rejection
FOREX Course Schedule – Wednesday June 6th, 2012 All Times Eastern Standard Time (EST.)
12:00 to 12:30 Quantitative Analysis Results of 1 Minute Scalping Technique (Jason Hoerr)
–Review of basic system variables and data analytics
–Pros and cons of the trading system
–Test in Forex Tester
12:30 to 2:00 1 Minute Scalping Strategy Forex Tester Session (Jason Hoerr)
–Review of basic system parameters
–How to track results in Excel Trade Log
–Test in Forex Tester
2:10 to 3:10 Top Down Analysis (Ross Jaklik)
–The importance and how-to of identifying key levels in the market using a top down analysis approach.
–Pivots
–Moving Averages
–Price Action
3:20 to 4:30 Trend Following Strategy Development Session (Steve Curlen)
–How to execute precise entries
–How to place stop
–How to manage open positions and exit for maximum efficiency
FOREX Course Schedule – Thursday June 7th, 2012 All Times Eastern Standard Time (EST.)
12:00 to 12:30 Quantitative Analysis Results of Trend Following Strategy (Jason Hoerr)
–Review of basic system variables and data analytics
–Pros and cons of the trading system
–Test in Forex Tester
12:30 to 1:00 Trend Following Strategy Forex Tester Session (Jason Hoerr)
–Introduction to Forex Tester and discussion on how to gather analytics
1:00 to 1:10 Break
1:10 to 1:30 Open Q&A (Jason Hoerr)
1:30 to 3:00 Steve W. Preso (Steve W.)
3:10 to 4:10 Asia to London Liquidity Rotations (Ross Jaklik)
–Developing the mindset of a trend and breakout trader
–Identifying “the wedge” at pre-identified levels as discussed in the top down analysis approach
–Identifying take profit and stop levels as discussed in the top down analysis approach
4:20 to 5:20 1 Minute Scalping Strategy Forex Tester Session (Jason Hoerr)
–How to execute precise entries
–How to place stop
–How to manage open positions and exit for maximum efficiencyFOREX Course Schedule- Friday
PM12:00 to 12:30 Live Market Analysis (Jason Hoerr)
–Place price in Macroeconomic context
–Identify key levels
–Conduct technical analysis in order to identify potential setups
12:30 to 2:00 Live Trading Examples (Ross Jaklik)
–How to put it all together and design a personalized trading system
2:10 to 4:10 Trend Following Strategy Forex Tester Session (Jason Hoerr)
–How to execute precise entries in real-time
–How to place stop
–How to manage open positions and exit for maximum efficiency
4:20 to 5:00 How To Put It All Together
Get Forex Trading Course 101 & 201 – FXEvolve, only price $139
Tag: Forex Trading Course 101 & 201 – FXEvolve Review. Forex Trading Course 101 & 201 – FXEvolve download. Forex Trading Course 101 & 201 – FXEvolve discount.
Reviews
There are no reviews yet.