Pipionaire Research Labs

“If you know the enemy and know yourself, you need not fear the result of a hundred battles (or trades)”

- Sun Tzu
 Trading forex is a journey only persevered by the most resilient humans capable of
enduring high levels of emotional stress. In an environment, where 95% of traders fail due to
the lack of proper education, emotional discipline or simply even perseverance, it can be one of
the most difficult skills to acquire and master. However, if one can get through the rough stages
of the learning process, the fruits of the craft can provide true freedom in this economy. The
ability to make money at will from any location in the world with Wi-Fi, allows traders to be
financially free and live life to their fullest dreams and true purpose. It is indeed a tool that can
be used to change the world. Although, most of you are here to learn the arts of the craft, I
highly encourage you to have ambitions beyond trading. Use trading as a tool to fulfil your
aspirations to positively impact your community and potentially even the world on a global
scale. Money is just a tool, a mere illusion in this lifetime. Use it wisely and leave a legacy that
shall be remembered timelessly. Learning the technical aspects of trading is the easy part
(learning the enemy), but it is learning to master one’s emotional response and discipline s
what can take years (To know thyself). Hold confidence in the systems this work will teach you
as I have given it my all and have back tested the systems over thousands of trades on
simulator, demo and on live markets for a positive expectancy every time. It is the trust of the
system which can allow one to overcome any emotional irregularity that is often prevalent
when trading. I hope this work can assist you in becoming profitable and achieving your
dreams! Pipionaire out. Enjoy.
Introduction
• What is Forex?
• Currency Pairs

Technical Analysis
• Zones / Supply / Demand
• Top-Down Analysis
• Market Structure
• BTMM Patterns / Levels / Cycles of the Market
• Trendlines
• Fibonacci Confluence
• Japanese Candlestick Patterns
• Hedging
• Trading INDICES ‒ NAS100 / US30

Market Maker Habits

• Stop hunts

Mental Analyses
• Discipline / Psychology
• Risk Management
• Building Confidence and Consistency
• Transurfing and Law of Attraction

Examples

Trading plan
Introduction (What is Forex?)

This document is made to be concise and focus on the main aspects of trading and is
intended for individuals with a basic understanding of forex. It does not make sense for me to
cover the basics like pips, spread, etc. Thus, I have included a link to a website where individuals
can learn the basics for free and then later on continue reading through this document to
bridge the gaps of knowledge and learn my systematic approach to the markets.

BASICS of Forex à https://www.babypips.com/learn/forex/preschool#what-is-forex

Currency Pairs / Indices / Commodities / Stocks

The systems and methodology discussed in this document can be applicable to any
derivative market, however, it is focused on mostly forex currency pairs and major commodities
like gold (XAUUSD). The patterns and systems will show up on almost all forex pairs and most
time frames 1hr and higher. The pairs I personally like to focus on include; GBPJPY, GBPUSD,
GBPAUD, AUDUSD, AUDJPY, XAUUSD, USDJPY, USDCAD, USDZAR, USDCHF, EURJPY, EURUSD,
EURNZD, and NZDJPY. I would suggest beginners to focus on 1-2 pairs and gradually increase
the pairs once you’ve mastered them. Take your time and backtest religiously to increase your
intuition when it comes to catching moves.

Technical Pipnalysis

The trading system deployed within this document all revolve around the art of
technical analysis. Price is the main mover of the market. If it is cheap, people will buy and if it
is expensive, people will sell off. This imbalance between supply and demand is what provides
the opportunities for institutions and traders to capitalize on. When the supply is higher than
the demand, price will fall. And when the demand is higher than the supply, price will rise.
Although this may sound confusing, it is quite easy to find on a candlestick chart. I will cover
this in the next lesson. You must learn to tie all the concepts covered in this document to
actively read the story that the candlestick chart shows you and act on the information to be
profitable. The more ties or confluence factors you can associate with a trade, generally the
higher the probability for it to play out as expected. Never enter a trade for only 1 or 2 reasons.
Make sure the charts display many reasons for entry, to increase the chances of catching a
winner. Nonetheless, focus on execution as profits are nearly a by-product of solid trading.
Supply / Demand / Zones

Supply and demand are one of the key reasons markets even exist. The variance
between the two is what leads to the volatility in the charts that traders can capitalize on.
Supply acts as a roof (resistance area) where sellers are waiting and demand acts as a floor
(support area) where buyers are waiting. However, these levels can be broken and switch
completely. Once supply is broken, it becomes demand and vice versa. Zones (Support and
resistance) can commonly be found throughout price charts, but not all zones are the same.
Some are stronger than others. The ability to distinguish between stronger areas can help one
anticipate moves before they happen. We focus primarily on the recent supply and demand
areas as this is where we will find majority of the orders and is the area we usually tap before
big moves. The examples below show great examples of supply/demand areas and why they
exist.

Supply/Demand Example #1 (Gold on Daily Time frame):

Supply/Demand Example #2 (EurNzd on 4Hr Time frame):
Market Structure

The concept of market structure is used to define what stage price is at within the current
market cycle. It can be used to anticipate future price movements based on past performance
and the history of certain structures to play out similar to a pre-defined way. It is our job as
retail traders to anticipate future structure around key areas of the market simply based on
what price has shown us in the past/ is currently showing us. We don’t want to long in a bearish
market or short in a bullish market. Market Structure depicts the current stage of price, which
can be used to determine/anticipate a future move to potential Capitalize on.

The market can be in 2 different stages at any given time. Trending (bullish or bearish),
or it can be consolidation. The higher time frame provides you with the long-term bias. I usually
use the weekly, daily and 4Hr time frame to define the long-term trend. The time frames below
can be used to display the intraday trend within the major trend at time. Sometimes, these
both can be aligned, providing a higher probability set up. Consolidation periods are inevitable
within the markets. They allow for order accumulation, which is necessary in order to generate
liquidity before big moves. We can have consolidation in the form of boxes, wedges, triangles,
etc. Essentially it is when price is moving up and down within a range. Once price breaks this
range, it can star trending. When price is trending, it can make lower lows (LL) and low highs
(LH) when bearish. If price is trending bullish, it will make higher lows (HL) and higher highs).
The most optimal points to enter on the market are at the pullbacks (at the LH’s in an uptrend
and HL’s in a downtrend). Looking at the following picture, are you able to define when we’re
trending bullish or bearish, or when we are in a consolidation period?
 The following picture will display the consolidation periods that were prevalent in the
chart displayed. The orange boxes show these accumulation areas. Notice how before most big
moves on this chart, there is atleast a short period where orders are generated before pushing.
 Now that you’ve seen where consolidation occurs in the market cycle, we’ll be looking
for where the market is trending. The following picture displays that. The blue box displays
when the market is trending bullish and the purple boxes depict when the market is trending
bearish.

Top-Down Analysis

Top-down analysis is essentially analyzing the market from the higher timeframes
proceeding to lower time frames. This is important as the higher timeframes provide insight on
the long-term direction of price and key areas to watch out for. The smaller time frame
provides the intraday trend and also allows for sharper entries where one can have a tighter
stop loss, to increase their risk to reward ratio (Will be discussed later on in further detail).
Generally, I will use the higher time frame to mark out key levels and zones on a price chart as
this is where we tend to have major reversals, or continuations. The following example shows a
top down analysis of NzdJpy.
Refer to text in images for explanaton:
BTMM Levels

BTMM (Beat the Market Maker) is a system defined by Steve Mauro designed to
capitalize on the tendencies of market manipulators whom are responsible for moving majority
of the markets. The market does not simply fly up to a certain key level with one candlestick.
The market rather moves in waves, often designed to confuse traders from the true direction.
Pullbacks and corrections are highly common within the market; thus, we must always be
prepared for such. However, this provides retail traders lots of opportunity to capitalize on.
Well, only if you’re patient enough to wait. The market will never simply keep being bullish or
bearish for days on end without the opposite trend. Thus, we must be aware of this and
anticipate reversals. Now that would simply be calling tops and bottoms, which can result in the
demise of a trading account. However, BTMM levels can often time show when there is a solid
reversal forming or opportunity for a potential change of trend, on the intraday or even swing
scale depending on the time frame for the levels breakdown. Each level is made after a large
order of shorts or longs pushes the market heavily in one direction. This content is fairly new to
me and will be part of the next series of knowledge once the concepts are mastered. You are
free to research this on your own and apply what works for you. This is for experienced traders
and is not essential to be profitable. Well, I’ll include one example and see if you can pick up
something from it. Essentially, BTMM levels work as the market moves in cycles, on the higher
time frame as well on the smaller time frame. After consecutive bullish or bearish pushes on a
time frame, we are due a reversal until we can continue with the original trend again. If we can
anticipate these levels, we can catch tops and bottoms, as well as only enter trades in optimal
zones like level 1 or 2 support or resistance levels depending on the trend. These cycles can be
found on every time frame however, I like to focus on them in the daily, 4Hr and 30-15min
mostly. Use the information of BTMM levels and use them in confluence with your trading.
Trendlines

Trendlines are used by traders in a trending market, whether it be bullish or bearish. They
can often depict the intraday or long-term trend of a currency pair. I personally draw them to
the edges of the wicks once I see a trendline area tapped at least twice. They can be highly
profitable if a trendline tap (rejection of TL) is anticipated after seeing some price action that
show rejection. This can often times line up with a fib PRZ or major supply/demand zone.
Although the second tap can be higher risk to predict, the third tap of a trendline usually
provides a solid area for entry. In my experience, I’ve noticed the third tap of a TL after a
consolidation wedge or simply continuation leads to a big move usually. Candlestick confirms
are a necessity when trading trendline bounces as they can display when to enter, since the
trendline can usually display where to enter. Another use for trendlines, is to see when a
certain trend is broken. Often times, once we close past a trendline, the next candlestick will
retest or pullback to the trendline before continuing its move. This is also used to provide
confluence for a trade.
Fibonacci Confluence

The fact you can close your fist perfectly, is thanks to the Fibonacci sequence that
naturally forms within the bones of your hands. Fibonacci formations can be found throughout
nature and even within our DNA. This simple yet complex method shows the divinity of nature
to hold true to math, as it is a universal language. However, in trading the use of fibs can be
simple and quite straight forward (The way I use fibs). I use fibs in a trending market in order to
get into a trade after a correction. For example, if GJ breaks out of a consolidation area and flies
bullish for 90pips, it would not be smart to enter at the end of the move and could be
potentially quite risky as the market moves in waves. However, I can place a fib from the wick
that started the move all the way to the wick where the move ended, and we can see
exhaustion. This forms the point from A to B. Advanced traders will often use this point to
counter trend until there is a solid opportunity to trade the trend again and they will get.
However, I would avoid this as a beginner or even intermediate trader. Once we have a big
move, the market will always have a correction. It is our job at traders to be anticipating the
point at which the correction will finish, and the normal trend will continue. However, we never
trade what we guess, only what we see. Fibonacci is quite helpful for this. The market will often
correct to the 38.2, 50.0, 61.8, 78.6 or 87.6 fib PRZ’s (Price Reversal Zones) to form the level of
letter C. The first 3 Fibonacci levels are most common areas for price to turn around and
continue its normal trend. Once I see rejection form around any of these key areas I will be
looking to enter positions with the normal trend and ride it out back to point B (Equal high/low)
and potentially a point D (HH / LL). The PRZ level that is also aligned with a major
supply/demand zone provides a higher probability trade set up and should always be
anticipated more than simply just a fib level on no zone. The examples below depict solid
examples of ABCD continuation fib levels. These levels can also be used to tell traders when to
get out of a trade, if we reject the opposite trend’s fib PRZ, so we can avoid drawdown in one of
the market’s waves.
Japanese Candlestick Patterns

Japanese Candlestick Patterns are a way to quantize price in the form shown below.
They display the information of how price reacts during a certain time, depending on the time
frame you are looking at. There are essentially 2 components to Japanese candlesticks, the
body and the wick of the candle. The body displays where price opens and closes, and the wicks
display the levels that price was traded up to. Buy orders and sell orders are the primary moves
of candlesticks, thus these candlesticks can be read to provide a picture of what price is doing.
If price opens low and closes higher, the candlestick is bullish (buyers). However, if price opens
high and closes lower than the start, the candlestick is bearish (sellers). These candlesticks can
form in various different ways that depict different patterns. For example, what if price opens
and closes at the same price. Would that depict buyers or sellers? That essentially shows
indecision. Even though that may seem like useless information at first, the fact there is
indecision can provide for future opportunity once the next candle stick shows us the direction.
These candlestick patterns should be used as confirmation and confluence with the other
aspects of our technical analysis like supply/demand zones, Fibonacci retracements, and even
major market patterns (E.g. H&S or MW). Below is a picture of a basic Japanese candlestick.
 Although there are many different Japanese candlestick patterns, I find a select few to
provide better opportunity than others. I will discuss each of which down below. We’ll start
with bullish and bearish engulfing Japanese candlestick patterns. They occur when a large
candle completely “engulfs” the previous candlestick. This displays that either a large number
of sellers or buyers have entered and pushed the market against the prior candlestick’s bias.
Below is an example of a bearish engulfing candlestick at resistance. This shows sellers have
completely taken over the market, and thus, price continues to fall.

Another candlestick pattern that I find useful are doji’s. They form when price opens
and closes near the same area. Thus, displaying indecision. You might be wondering how
indecision can provide us with a good opportunity. I’ll explain this using an example. So,
imagine that price is trending bullish and price keeps going up. Eventually, it is inevitable that
we will approach a resistance level. Suppose after so many bullish candles, finally a doji candle
forms. This depicts indecision in the market. It shows that buyers are finally slowing down and
now we don’t know where we will go. However, this provides for a potential short opportunity
since the buyers are no longer still buying and there is indecision. If we have a bearish engulf
after this doji, it forms an evening star pattern. Essentially, the candlesticks are saying that first
we were buying, then we had an indecision of where to go, then finally sellers came in
(displayed by bearish engulf). Now finally the sellers are in control and we are good to go down.
Below are examples of doji candlesticks as well as evening star patterns. The opposite of an
evening star pattern is a morning star pattern. It is the same except the complete opposite
trend.
 Another solid candlestick pattern is hammers, pin bars and wicks. They are all essentially
quite similar. They show when price touches an area and it reversed quickly either by new
buyers or sellers entering the market, or people closing out old positions. Wicks also show
rejection and exhaustion in the market. When many wicks form on a zone, it shows that every
time price taps into the zone, it is rejected as buyers or sellers jump on as soon as we touch it to
create the wick. This can be a good indication of when to enter a trade. In addition, wicks can
also show exhaustion. Suppose we are trending bearish for a couple of days and finally at some
support we start to see lots of wicks. This essentially is saying that the bearish trend is
exhausted since more sellers are not entering. This provides a solid opportunity for a buy.
Below is an example of hammer pattern.
 Here is a trade example of before and after, of how wicks helped identify a solid trade
opportunity.

As you can see from the pictures, once price failed to break the resistance level, it fell for
over 100pips and trade smashed through the TP level and continued melting. Below is chart
with the major candlestick patterns I use as confluence while trading.
Hedging

Hedging, a tool if used correctly, can be efficiently used to reduce risk and maximize profit
potential. Although there are various different ways to approach hedging, I apply a very
simplistic strategy to hedge when the opportunity presents itself. However, I would only
recommend hedging for experienced traders as it requires a strong sense of intuition,
emotional discipline as well patience for it to successfully work. Hedging in the FTMM systems
is only used to reduce risk and maximize profit potential when one trade is already in profit. For
example, suppose I am long on gold on a level 3 reset with an entry on the right shoulder. Once
price breaks the neckline and goes for a bull run to create level 1 or level 2, a
pullback/correction is highly likely before further continuation up. However, at this point we
can either close the long trade and/or move SL to secure profit. In order to maximize the
potential profit from this trade, we can short at the top after trade confirmations are met and
move SL to BE as soon as structure permits. In this scenario, if the long-term trend changed to
be short, we are safe as our long is secured in profit and our missed out profit from the longs
will be secured by the short profit. However, if our original long position was with the correct
long term trend, our short will get stopped out in profit/BE but our long will accumulate more
profit. This provides for a win-win opportunity regardless the trend. In addition, the second
trade will ONLY be entered if the criteria for entry is met and is one of the trades that we are
paid to take the shot, regardless of the outcome. Below you can find two examples of some
hedged trades. Be patient and let these trades run to maximize profits. Once hedged, price can
go any direction and you will make money.
Trading Indices ‒ NAS100 and US30

Indices are highly volatile markets capable of moving thousands of pips on a daily basis.
However, this also provides excess risk to traders whom are not yet ready to adapt and attack
these aspects of the charts. Nonetheless, when properly exploited they can be highly profitable
for traders. However, I would always urge you to manage your risk and not let the high win
rates of the set ups discussed make you blow your account due to risking too much. We will on
only 3 set ups for these pairs. They must both form on US30 / NAS100 in order to have solid
confluence.

The first two set up are straight forward and have been discussed before so we won’t be
spending too long discussing them. They are the Daily/4Hr/1Hr H&S Pattern (Head and
Shoulders) and the same time frame M/W Pattern (Double Top or Double Bottom). These
patterns continuously form on these indice pairs. However, rushing to catch them can often
lead you into lots of drawdown especially in such a volatile environment. I would recommend
strictly trading this set up only during New York session and waiting for a stop hunt and close
back in range, before entering the trade. This will increase your win rate for these set ups on
this pair. Only catch the second leg of the M/W or the final shoulder of the H&S pattern,
anything else will be too high risk. Be patient as these will only correctly form 1-3x a week so
wait for the most optimal entry. It’s better to miss a trade than catch a bad entry. Below are a
few examples.
 The yellow circles indicate the H&S Pattern that formed on the 1-hour time frame. As you
can see, the second shoulder leads to a major melt down, as we are entering with the banks.
Discipline to follow the set ups and risk management pays. The red circles indicate a M pattern.
Price returned back up after the H&S formed. However, banks need to accumulate more
liquidity before melting again. Thus, the M formed, and we entered on the second arm of the
M. This lead to a straight melt down. Once we came down enough, the banks started closing
their positions, thus the W pattern formed. As indicated by the blue circles. We entered on the
second leg of the W, flying straight into profit. Our stoploss is always placed below structure. So
even the stop hunt that happened before the big push, would’ve missed our stoploss, rather it
could have provided another entry. This 1 chart shows 3 solid examples, this should just show
you in itself the reputation and win rate of these 2 set ups.

The next set up we will discuss is called the PZSH set up. It occurs exactly between 9:30am
to 11:00am est. It has a very high win rate and immediately you go into profit thousands of pips
or are stopped out (Tight SL). However, it only occurs 1-3x a week and sometimes it can be a
fake set up. So, trade this one cautiously. Exactly at the 9:30am candle close we usually do a
stop hunt. We enter right after this stop hunt. This set up happens on the 30-minute time
frame. Below are a few examples.

As you can see, right at 9:30 to 10:00 we had a stop hunt and closed bullish. This is solid
indication we are in with the banks. At 10:01 it provided us the true direction. The market flew
up 7000+ standard pips from here. This just shows you the strength of this set up.
 In this example, a very similar thing happens. Right at the 9:30am Est candle close, there
was a stop hunt to the downside. This is indicated by the very large bullish pressure wick. Price
closed over 1000 pips from the bottom of the wick. This indicates banks were eager to enter
their positions and provide us a solid signal for entry. The market flew up over 8000 pips after
this set up printed. This set up is highly profitable, but it is important to always manage risk
because the pair is really volatile, and you will lose trades, it is inevitable in trading. But If you
manage risk that loss will not blow your account and you will still be able to stay in the game
and get to the top if you apply the principles taught religiously.
Market Maker Habits

The market is essentially driven by money. This money is traded by primarily humans, all
of which whom are subject to the human condition and its emotion. Market makers capitalize
on this defect which occurs due to years of conditioning for survival. However, the market
manipulators leave clues and tendencies of their manipulation, providing incite of the true
direction of the market at the cost of stopping early orders. There are various price action cues
that can be picked up by the trained eye which can display the manipulation in trading. One of
these includes stop hunts. Stop hunts occur when there is a large buildup of orders. This
provides for the potential of lots of liquidity for large banks and institutions, thus they push
price towards the stop losses of retail traders (which are generally places near close structure).
Often times, these orders are wiped out and the market continues back into the original
direction after hunting stops. This can also lead to emotional dilemma within traders whom
were correct originally but got stop hunted. It’s critical to realize and pick up on stop hunts in
order to avoid getting in on the opposite trade in a rush after getting stop hunted. The beauty
behind this is that although you may originally get stopped out, it can show the true direction of
the market. When a stop hunt occurs with the stronger time frame bias in mind, it provides a
solid high probability opportunity for traders. Stop hunts also generally occur before big moves,
so it can be quite profitable.

Mental Analysis

Now that we’ve covered the easy aspects of forex (technical analysis), we can jump into
the area that is the primary reason individuals fail in this field. Managing your psychology and
keeping mental discipline is a skill that must be mastered in order to be successful in the art.
Learning the technicals behind trading is easy and can be taught to a middle schooler, however,
building discipline and controlling emotion can take years to accomplish. The market is
primarily traded by humans, thus human emotions play a vital role in the markets. Market
manipulators understand this concept and exploit this on a consistent basis to lure retail traders
into trades to eventually just use them as liquidity. It is absolutely essentially traders learn to
take a loss as they are inevitable in this game. This chart simplifies the differences between
traders, and what you should strive to be like. Enjoy.
 Although most traders, including myself when I started, tend to value the
technicals/fundamentals of analysis more than anything itself in trading, we are
greatly uninformed. This is the most valued paragraph from this entire document.
It may not seem as such to the beginner’s eye but believe me once you achieve
the heights if profitability you will realize it’s true value. Learning the technicals
and fundamentals is the easy part about trading. Anyone can be taught that if
they are willing to put in the work and the hours. Learning self-discipline and risk
management is even harder as it cannot be taught, it can only be learned through
experience. But what most traders fail to realize is how the universe works. Your
mindset towards the universe plays the most crucial role in how your life unfolds
before your eyes. What you truly believe (both soul and mind), will inevitably
come forth and materialize into external reality. But this is only so when the soul
and mind are both aligned. You can lie to the mind but the soul (Heart) always
knows the truth regardless what misinformation you may try feeding it. It will be
more of an intuitive feel when the soul knows. In order to put the odds in your
hands, you much consciously be aware of the fact you have been mostly
subconsciously creating the reality around you. When you consciously create you
have choice over what you want to manifest into your reality. Your thoughts
basically create your intentions, and your intentions once both soul and mind are
aligned, materialize into the physical plane of life with due time. Most people do
not recognize this fact as they are mostly functioning on a subconsciously level as
if they were dreaming, on a day to day basis, thus they generally feel that reality
is imposed upon them and they are victim to their circumstances, rather than
having true control. This is a myth that his bin embedded with human psychology
from the start of your life and the way to the end. However, we must break out of
this mindset and realize we have true control over our reality with our thoughts.
Initially, it will be hard to be consciously aware all the time and you will keep
falling back into the slumber state of the subconscious. But with practise and the
techniques taught you will be able to consciously control your life. This can be a
lot to contemplate but worry not I will give a you an amazing life changing book to
read which explains these concepts in detail. The book speaks upon the concepts
of Transurfing and how to apply it. It is a very powerful technique if applied
correctly and will literally change your life believe me. Through various methods
such as affirmations, manifestations, visual slides, and many more concepts
covered in the book, you will be able to consciously program your brain for
success and for achieving your goals. The book is called “Reality Transurfing”, DM
me for a copy.
Below are many trading examples from the charts, with a brief analysis below.
Use these slides as ideal trades and never fear to take the shot when they form.

This is an example of a 4Hr H&S Pattern combined with a Fibonacci

continuation pattern (ABCD). The orange circles show the shoulders and the head
of the H&S Pattern. We drew a fib from the top of the head to where the trend
ended, and price began to pullback. The pullback exhausted right at the 78.6 fib
level and formed a M on the 1Hr where we entered, and it flew straight into
profit. We took profits at the full retracement, -0.27 and -0.618 fib levels. The R/R
on this trade was 1:4 to 1:6.
 This is an example of a 4Hr Double Bottom (W) trade set up on Gold. As you
can see price was previously consolidating in the consolidation wedge as
indicated by the orange trendlines. We broke to the downside and the bear trend
exhausted as shown by the formation of the W (Double Bottom). The blue circle
indicated both points of the bottom. We entered on the second leg of the W and
rode the trade all the way to 1:4 RR. It kept going but we caught more than
enough pips so it’s good to follow to the plan and not be greed as it will not
always keep flying like in this scenario.
 This is an example of an ABCD Fibonacci continuation trade on GJ (1Hour
time frame). As you can see price did an impulsive move down from the top of the
fib to the bottom. Price than began to retrace (pull back), and this is where we
were looking for the Fibonacci to show potential areas of exhaustion. When price
came to the 61.8 level, it formed an evening star pattern, showing that there will
be a reversal to the downside. Right after, we formed the second leg of the M
(Double Top), where we entered and rode it down to almost the -0.27 fib level.
This risk to reward for this trade was 1:5.
AJ - 1Hr Head and Shoulders Pattern

AJ - 1Hr Head and Shoulders Pattern + Fibonacci 61.8 Continuation

US OIL - 1Hr Double Bottom (W) Pattern

NAS100 – 4Hr H&S Pattern

1. Use HTF
☐
bias based on Market Structure, Major Supply/Demand & BTMM
Top Down Analysis to see where we currently are in the markets

☐ Are we at major supply / demand levels?

☐ What is the daily and 4hr BTMM cycle showing? LVL 1-2 Continuation or LVL 3 Reset forming?

☐ Major Patterns like M/W/H&S forming?

2. Intraday Market Cycle

☐ Major Patterns / Trendline tap rejection or break / Consolidation area pushes

☐ Fibonacci Continuations on PRZ?

3. Currency Pairs
☐ Focus on 1-3 until you’ve mastered them and gradually increase as you gain consistency

4. Timing
☐ 2:00am-5:00am EST and 7:30am-11:30am EST (Generally avoid Asian as it’s used to accumulate orders)

5. Risk Management
☐ Only risk maximum 1-4% of account per trade FOR EVERY TRADE.

☐ Stop trading for day after 3 consecutive losses or 12% drawdown (Not your day)

☐ Tight stop losses to manage a big reward-risk ratio (Minimum 1:3 for entry)

☐ MAX 20% DRAWDOWN PER WEEK

6. Setups (2)
☐ Continuations (Z2Z or ABCD)

☐ Z2Z off major supply/demand zones

☐ ABCD Continuations of Fib PRZ’s

☐ Reversals (MW / H&S)

☐ Double Top, Triple Top, H&S; Tight SL, scalp to minor zone (with confirms on 1Hr minimum)

☐ PZSH for US30 / NAS100

7. Exit Strategy
☐ 12% Trade Target Hit (Close Trade or move SL to Secure 10%)

☐ 12-23% Daily Target Hit (Close all trades and only let trades run once Daily target is secured in profit)

☐ Up 36+ pips close half, and put SL at BE (For USOIL/NAS/US30/GOLD wait until 50-500 pips)

☐ Hit 12% drawdown or 3 losses in a row, bounce back next day

8. RULES
☐ Wait for candle close before entering trade

☐ Don’t trade the last 10 minutes of the hour

☐ Only trade after confirmations on major levels and do not enter the trade early

☐ NEVER RISK MORE THAN 4% ON A TRADE EVER!

☐ MOVE SL TO BREAK EVEN WHEN UP 1:1 RR

☐ AFTER LOSING 10% OR MORE DON’T TTRADE TIL NEXT SESSION

1) Go Check Forex factory for potential upcoming news and currency strength meter.
2) Am I trading in session and is there volume in the market?
3) Is the market trending or consolidating? (Momentum)
4) Is price at a major support or resistance zone
5) Are all the time frames consistent with the bias?
6) Will my stop loss be tight? Adjust potential risk in accordance to this.
7) Are there any wicks to fill? Are there any patterns (E.g. H & S, double top, etc.)?
8) Are there any confirmation candles?
9) Where will I place my stop loss and take profit.
10) Can I enter this trade and go to sleep?
11) NO RETEST NO ENTRY.
12) ENTER TRADE IF ALL THESE APPLY, OTHERWISE STAY THE FUCK OUT!
 Below are a few of the accounts I’ve built from scratch, using the principles
I covered in this document. One of the account was trades more aggressively than
the other. Nonetheless, profit is inevitable if you stick to the plan. Use this as
motivation as there is no limit to what you can achieve. Build accounts and
withdraw consistently as they will manipulate you once you are smashing returns
like a Pipionaire. FUCK THE MARKET MAKERS! We smash higher returns than all
banks and hedge funds. Let’s catch all these pips! Pipionaire Out. Enjoy J