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WINMORE FX

MENTORSHIP
DANIEL EDUAH
( Amrich Cyber )

Join Our Telegram Channel


https://t.me/WinMoreFX
PART 1
1 Introduction To Forex
( THE BEGINNERS PART )
2 What Is Forex?

3 Pip Value And Lot Size

4 Leverage And Margin

5 Pending Orders

6 Risk Control

7 Candelsticks
PART 2
1 Easy Money Model
( THE ADVANCE PART )
2 Market Structure

3 Time And Price ( Killzone )

4 When To Avoid Trading

5 PD Arrays ( Order block, FVG, Breaker, Mitigation )

6 Chart Analysis
WinMore FX
7 Directional Bias
Basics of candlestick & How to interpret the candlestick.

Candlestick chart are used for determining possible


price movements based
on what things happened in past i.e. past patterns

Candlestick chart are very useful as compared to


others because candlestick shows four price points
OPEN, HIGH, CLOSE, LOW commonly known as
OHCL.

Interpretation of candlestick:

Open - opening price of a particular period


High - highest price of particular period
Close - closing price of particular period
Low - lowest price of particular period
Interpretation of candlestick:
Green candle indicates Bullishness
Red candle indicates Bearishness
Wicks / Shadow: high of the upper shadow is the
highest price of a candle and low of the
lower shadow is the lowest price of the candle.

Body: Represents the difference between opening


price and closing price of the candle.

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.

And vice-versa in case of closing price is less than opening price,


in that case candle would be red.
𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
Market structure is a technical analysis tool used to identify
the direction and strength of a trend.
Market structure is determined by analyzing the highs and
lows of a chart and connecting the swing highs and lows.
By observing the market structure, traders can gain insight
into the direction of the trend and make trading decisions
accordingly.
𝐓𝐲𝐩𝐞𝐬 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞
BULLISH MARKET / UPTRENT MARKET
BEARISH MARKET / DOWNTRENT MARKET
RANGING MARKET / ACCUMULATION
𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 (UPTREND )

A bullish structure is an upward trend


in the market.

It is characterized by higher highs and


higher lows.
This indicates that the overall trend is
moving up and that buyers are
dominating the market.
𝐁𝐞𝐚𝐫𝐢𝐬𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 ( 𝐃𝐨𝐰𝐧𝐭𝐫𝐞𝐧𝐝 )

A bearish structure is a downward


trend in the market.

It is characterized by lower highs and


lower lows.
This indicates that the overall trend

is
moving down and that sellers are
dominating the market.
Accumulation / Ranging Market Structure

A ranging structure is a sideways or


flat trend in the market.

It is characterized by a lack of clear


direction.
This is usually seen when there is a
balance between the supply and
demand of an asset.
𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐒𝐡𝐢𝐟𝐭:
A market structure shift occurs when
the market structure changes from
one type to another.

For example, a market may move from


a bullish structure to a bearish
structure or from a bearish structure
to a bullish structure.

Structure shifts can indicate a change


in the trend and should be used as a
sign to trade in the direction of the
new trend.
PREMIUM
PD ARRAY & DEALING RANGE 1. OLD HIGH/LOW
2. REJECTION BLOCK
Dealing range is the new trading range 3. ORDERBLOCK
4. FAIR VALUE GAP
formed after buyside and sale side is 5. LIQUIDITY VOID
taken. 6. BREAKER BLOCK
7. MITIGATION BLOCK

PD array Matrix analyzes premium and


discount prices to determine market
direction and daily bias, helping to
identify smart money manipulation and EQUILIBRIUM ( 50% )
trading opportunities.

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.

When price return to an OrderBlock we


usually expect a reaction from this area,
due to sell or buy orders by the big
players.

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

OLD HIGH OLD HIGH OLD HIGH OLD HIGH


REJECTION BLOCK REJECTION BLOCK REJECTION BLOCK REJECTION BLOCK
ORDERBLOCK ORDERBLOCK ORDERBLOCK ORDERBLOCK
FAIR VALUE GAP FAIR VALUE GAP FAIR VALUE GAP FAIR VALUE GAP
LIQUIDITY VOID LIQUIDITY VOID LIQUIDITY VOID LIQUIDITY VOID
RESISTANCE BREAKER BLOCK
RESISTANCE BREAKER BLOCK
RESISTANCE BREAKER BLOCK
RESISTANCE BREAKER BLOCK
MITIGATION BLOCK MITIGATION BLOCK MITIGATION BLOCK MITIGATION BLOCK
MITIGATION BLOCK
Mitigation block is a situation
where the market fails to reach a
particular high or low price point
due to the presence of an order
block, and then breaks the recent
created Low or High.

CONDITIONS THAT MUST BE MET IN ORDER FOR A


MITIGATON TO BE CONSIDERED

No sweep of liquidity

Breaks the recent created LOW or HIGH


Mitigation-Block
BEARISH MITIGATION BLOCK BULLISH MITIGATION BLOCK

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

CONDITIONS THAT MUST BE MET IN ORDER FOR A


BREAKER TO BE CONSIDERED

Sweep of liquidity

Breaks the recent created LOW or HIGH


Breaker-Block
BEARISH BREAKER BLOCK BULLISH BREAKER BLOCK

BREAKER

BREAKER
LIQUIDITY & SWING POINTS HIGH
Liquidity is basically sum of all orders
at a specific price

Liquidity is present at every high and


low. Since, is where traders place buy,
sell and stop orders

Liquidity is used by smart money to fill


gaps on the market

Areas Where Liquidity Rests


OLD HIGHS / SWING HIGHS
OLD LOWS / SWING LOWS
EQUAL HIGHS LOW
EQUALS LOWS
REJECTION BLOCK

Rejection Block is when price highs/lows


have formed a long wick on the highs of the
candles and price reaches up above or below
the body of the candles to run out buy/sell
side liquidity before price go Short or Long.

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)

A fair value gap can be used as support


if price moves up to fill the gap or as
resistance if price moves down to fill
the gap.

It occurs when the first candle's low


doesn't overlap with the third candle's
high or vice versa.

Types Of FVG
Bullish FVG
Bearish FVG
BULLISH FVG
A Bullish FVG is also known as Buyside
Imbalance Sellside Inefficiency (BISI)

A Bullish FVG is formed by three consecutive


Upclose candlesticks. When the low of candle 3
does not overlap with the high of candle 1, a Bullish BISI FVG
FVG is formed.

It's called Buyside Imbalance Sellside Inefficiency


(BISI) because there is only buyside offered to the
market during candle number 2, resulting in a
Buyside Imbalance, and there is no sellside offered,
resulting in a Sellside Inefficiency.
BULLISH FVG & REACTION POINTS
BEARISH FVG
A Bearish FVG is also known as Sellside
Imbalance Buyside Inefficiency (SIBI)

A Bearish FVG is formed by three consecutive


Downclose candlesticks. When the low of candle 1
SIBI FVG
does not overlap with the high of candle 3, a Bearish
FVG is formed.

It's called Sellside Imbalance Buyside Inefficiency


(SIBI) because only sellside was offered to the
market during candle 2, resulting in a Sellside
Imbalance, and no buyside was offered, resulting in
a Buyside Inefficiency.
BEARISH FVG & REACTION POINTS
TIME &
PRICE

In this lesson, we learn about


Time and Price.

What Time to trade.

When to avoid trading.


TIME AND PRICE
Did you know that, PRICE does not exist without TIME??

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.

This session acts as an accumulation


period for price, allowing for further
manipulation and or expansion.

8:00 PM - 12:00 AM [ EST ]

IDEAL PAIRS TO TRADE


JPY
AUD
NZD
LONDON KILLZONE
London Killzone tends to be higher
volatility, acting as a manipulation
period for price, allowing for a potential
reversal and further expansion

It has the highest probability of creating


the high or the low of the day in forex
trading.

2:00 AM - 5:00 AM [ EST ]

IDEAL PAIRS TO TRADE


EUR
GBP
NEW YORK KILLZONE
New York Killzone is typically high
volatility, acting as an
expansion/distribution period for price,
allowing for a continuation in price.

The New York open presents repeated


trading opportunities every single day,
making it a crucial time for forex
traders.

7:00 AM - 10:00 AM [ EST ]


IDEAL PAIRS TO TRADE
All The Major Pairs
LONDON CLOSE KILLZONE

The key times to monitor for the


London close kill zone are 10 a.m. to
noon New York time, which is when the
market rallies and offers potential
trading opportunities.

10:00 AM - 12:00 PM [ EST ]

IDEAL PAIRS TO TRADE


All The Major Pairs
WinMore FX
Mentorship

HOW TO KNOW
THE BIAS
Presented by: Amrich Cyber
Goals 01

WHEN PRICE STRONGLY BREAKS A SWING


BULLISH BIAS HIGH.

Goals 02

WHEN PRICE STRONGLY CLOSE ABOVE A


BEARISH FAIR VALUE GAP ( FVG ).

Goals 03

WHEN PRICE CLOSE ABOVE 50% OF A


LONG WICK.

Goals 04

WHEN PRICE STRONGLY CLOSE ABOVE A


BEARISH ORDER BLOCK.
Goals 01

WHEN PRICE STRONGLY BREAKS A SWING


BEARISH BIAS LOW.

Goals 02

WHEN PRICE STRONGLY CLOSE BELOW A


BULLISH FAIR VALUE GAP ( FVG ).

Goals 03

WHEN PRICE CLOSE BELOW 50% OF A


LONG WICK.

Goals 04

WHEN PRICE STRONGLY CLOSE BELOW A


BULLISH ORDER BLOCK.

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