Professional Documents
Culture Documents
WinMoreFX 2024 Mentorship
WinMoreFX 2024 Mentorship
MENTORSHIP
DANIEL EDUAH
( Amrich Cyber )
5 Pending Orders
6 Risk Control
7 Candelsticks
PART 2
1 Easy Money Model
( THE ADVANCE PART )
2 Market Structure
6 Chart Analysis
WinMore FX
7 Directional Bias
Basics of candlestick & How to interpret the candlestick.
Interpretation of candlestick:
If the candle is green, that means closing price is higher than opening (bullish)
And if candle is red then opening price is higher than closing (bearish)
Interpretation of candlestick:
In this picture. Candle's opening price is 90 and then due to selling pressure
it made a low of 86 and then made a high of 112 and finally closed at 100.
Since at the end closing price is higher than opening (i.e. 100>90)
it made a green candle indicating Bullishness.
is
moving down and that sellers are
dominating the market.
Accumulation / Ranging Market Structure
PD ARRAY LIST
1. OLD HIGH/LOW 1. OLD HIGH/LOW
2. REJECTION BLOCK 2. REJECTION BLOCK
3.BEARISH/BULLISH ORDERBLOCK 3. ORDERBLOCK
4. FAIR VALUE GAP 4. FAIR VALUE GAP
5. LIQUIDITY VOID 5. LIQUIDITY VOID
6. BREAKER BLOCK 6. BREAKER BLOCK
7. MITIGATION BLOCK 7. MITIGATION BLOCK
DISCOUNT
ORDER BLOCK
The Last Candle or Price Bar with a Down
Close or Up Close that has the most range
between Open to Close and is near a
“Support” or “Resistance” level.
Types Of Oderblocks
Bullish Orderblock
Bearish Orderblock SUPPORT
BULLISH ORDERBLOCK & REACTION POINTS
SUPPORT MITIGATION BLOCK SUPPORT MITIGATION BLOCK SUPPORT MITIGATION BLOCK SUPPORT MITIGATION BLOCK
BREAKER BLOCK BREAKER BLOCK BREAKER BLOCK BREAKER BLOCK
LIQUIDITY VOID LIQUIDITY VOID LIQUIDITY VOID LIQUIDITY VOID
FAIR VALUE GAP FAIR VALUE GAP FAIR VALUE GAP FAIR VALUE GAP
ORDERBLOCK ORDERBLOCK ORDERBLOCK ORDERBLOCK
REJECTION BLOCK REJECTION BLOCK REJECTION BLOCK REJECTION BLOCK
OLD LOW OLD LOW OLD LOW OLD LOW
BEARISH ORDERBLOCK & REACTION POINTS
No sweep of liquidity
MITIGATION
MITIGATION
BREAKER BLOCK
A breaker block is formed when the
market structure changes, and
there was liquidity taken as a
result. As the market structure
changes, the LOW or HIGH fails,
resulting in a breaker block
Sweep of liquidity
BREAKER
BREAKER
LIQUIDITY & SWING POINTS HIGH
Liquidity is basically sum of all orders
at a specific price
Rejection Block
LIQUIDITY VOID
A VOID LEFT BEHIND IN PRICE
ACTION DUE TO A STRONG ONE-
SIDED LIQUIDITY RUN.
LIQUIDITY VOID
PRICE TYPICALLY WILL WANT TO
REVISIT THE VOID TO
REBALANCE THE INEFICIENCY
FAIR VALUE GAP (FVG)
Types Of FVG
Bullish FVG
Bearish FVG
BULLISH FVG
A Bullish FVG is also known as Buyside
Imbalance Sellside Inefficiency (BISI)
Here is one thing I want you to understand, if time does not exist how will you know when to Trade?
There is time for each session which makes it easier for Traders to know when they should be available on the chart.
We make money trading when the market moves up or down BUT you will have a very difficult time trying to make money
when the market doesn’t move at all.
NOTE: I want you to know that the best time to trade as a forex trader is during LONDON and NEWYORK session.
Now, time and price is base upon time being just as important as price due to key occurrences
such as the high or low of the week or highs and lows of the day.
Large amount of volume occur at certain time which should be the time you focus your energy on.
KILLZONE
Killzone is certain time of the day in each
session, where the market will form valid
and high probability trade setups.
TYPES OF KILLZONES
Asian Killzone
London Killzone
New York Killzone
London Close Killzone
ASIAN KILLZONE
Asia Killzone is typically low volatility,
with price often confined to creating a
range.
HOW TO KNOW
THE BIAS
Presented by: Amrich Cyber
Goals 01
Goals 02
Goals 03
Goals 04
Goals 02
Goals 03
Goals 04