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FATHER OF TECHNICAL ANALYSIS

KING GEORGE-11 INSIGHTFUL LOOK INTO


THE DEPTH OF FINANCIAL MARKETS
TRUTH EXPOSED

“ If you can read the charts and ignore your natural human instincts to follow the
herd, you can make a lot of money in the markets.”
George Williams

KING GEORGE-11
EMAIL tradinglegacy11@gmail.com

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RISK DISCLAIMER
Trading in Foreign Exchange Markets and Indices expose you to substantial
potential gains as well as significant financial risks. You can incur loss of all your
investment or capital. You should always be-aware of the capable risks and be
ready to take full responsibility when they happen. Don't trade with money you
can't afford to sustain a loss of, don’t trade with borrowed money.

The past performance of any trading system or method is not necessarily


indicative of future results.

BE KIND ALWAYS

READ EVERY WORD AND CHAPTER IN THIS PDF DOCUMENT

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CONTEXT
1. 4 Ps Of Trading…………………………………………………………………………………3
2. Shenanigans………………………………………………………………………………………4
3. Price Action and Pure Price Action……………………………………………………..5
4. Brokers………………………………………………………………………………………….…6
5. United States Dollar…………………………………………………………………………..8
6. Big Banks and Hedge Funds………………………………………………………………9
7. Metals…………………………………………………………………………………………….12
8. Number of Pairs To Trade……………………………………………………………...14
9. Currency Correlations………………………………………………………………………15
10. Currency Pairs…………………………………………………………………………………16

“Always remember that, most people get interested in stocks when everyone else
Is. The time to get interested in financial instruments is when no one else is.
You can’t buy what is popular and do well.”
Warren Buffet

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1. 4 Ps Of Trading
i. Practice, Practice, Practice, Practice, Practice, Practice, Practice
ii. Patience, Patience, Patience, Patience, Patience, Patience, Patience
iii. Perseverance, Perseverance, Perseverance, Perseverance,
iv. Plan, Plan, Plan, Plan, Plan, Plan, Plan, Plan, Plan, Plan, Plan

Above the all 4 Ps, the prime P is Practice. Because if you practice
deeply, you will gain the rest 3 Ps unconsciously.

“Just avoid being the popular kid. Stop that unreasoning. Stop following the
Herd.”

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FATHER OF TECHNICAL ANALYSIS

2. Shenanigans
Shenanigans it’s the term used by Big Banks and Hedge Funds to refer to
manipulations in the markets. When you hear Brokers or Bankers and
Fund Managers using the term Shenanigans, just know that manipulations
are coming. And it is legal to manipulate the markets by Big Banks and
Fund Managers.

“You cannot afford to risk your money in something that you don’t
Understand.”
King George 11

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3. Price Action
“Any representation of price movement on any financial instrument such
as Stocks, Bonds, Futures, Indices, Forex etc. On any type of chart such as
Bar chart, Point and Figure Chart, Line chart, Candlestick chart or Renko
chart, and on any Time Frame. It is genetically based. It is a reflection of
human behavior. Price Action on the charts has been the same since
markets began and it will remain the same as long until we evolve into new
species.” A Brooks

“Price Action is any single change or movement in pip on any financial


instrument and time frame and Chart type. When Price moves from 1 to
2, that is called price action, same when it moves from 2 down to 1. It is all
price action.
Price action is not trendlines, horizontal lines, Demand And Supply lines,
Fibonacci, Points of reaction and failure, support and resistance,, order
blocks.These supply and Demand, Support and Resistance, Points of
reaction and failure, Trendlines, Horizontal Lines, Fibonacci, order Blocks
are all in Technical Analysis Of Pure Price Action and not Price Action.
Price Action is just the movement of price up or down. Lol!.”
King George-11

Pure Price Action


“This is the Technical Analysis of Trendlines, Horizontal Lines, Demand
and Supply, Points of Reaction and Failure, Order Blocks, Support and
Resistance, Fibonacci lines. Pure Price Action doesn’t include the
Technical Analysis of Stupid Systems such as indicators and Expert
Advisors, no!.” Mwape George

Physical Price Action


“This is the technical analysis of systems such as Indicators and Expert
Advisors.” King George-11

“It is the strength of your heart, my heart that will make you and i, who we
Are.
We can’t give in now.” King George 11

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4. Brokers
If you are my student and you learnt from me, my lectures, then you know
the definition of the broker. I don’t have to define anything again here.

There is two types of brokers which have their own sub-categories and
these are namely Dealing Desk (DD) and No Dealing Desk (NDD)
Brokers.

Dealing Desk (DD), these take the opposite side of your trade. They trade
against you. E.g when you open a standard account, you will be dealing
with the Dealing Desk, they will be acting as middle men, because you
won’t be linked to an inter-bank which is a network of Banks.

No Dealing Desk (NDD), these have your back. They don’t trade against
you. E.g when you open Straight Through Processing (STP) and Electronic
Communication Network (ECN) Accounts.

Regardless of all these things, both brokers DD and NDD have your best
interest at heart that is to keep you in the game.

Because DD brokers make money in two ways. Firstly from the big
spreads and secondly trading against you. I know this confuse you. But hey,
they know business. They won’t always make you lose money, they have to
make you feel better by atleast giving you some wins so that you keep
playing and feel important. They don’t care if you are milking them
because there is always a lot of idiots out there being murdered by them.
Hence they don’t care what you are doing. With DD brokers, your money
is not safe. And they have Big Aweful! Spreads. Go check your Standard
Accounts you will see spreads starting from 11 or 12 going up to 100s.

NDD brokers don’t trade against their clients instead they want you to win
because they will also win. They offer you Raw Spreads and connect you
directly to inter-Bank. They don’t act as middle men. With NDD your
money is safe and spreads start from 0 going upto 8-9 in most cases. They
make money into two ways that is, from commissions and Tiny Spreads.

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When considering to start with a broker, check on their website down


below if it’s written DD or NDD. If you can’t see it, ask them.

Broker

Dealing Desk No Dealing Desk

Standard Account STP ECN

“Always remember that the market has to have more losers than winners.”
George Williams

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5. United States Dollar (USD)


-It is the most difficult currency to trade.
-Fundamentals (Banks) play a major role.
-It often drives the pair which it is in.
-It’s a safe Haven Currency.
-It’s a world’s reserve Currency.
-Whatever happens with the United States Dollar affects the whole world.
-Trade the USD pairs just like any other pair.
-EURUSD is the worst pair to trade.
-It’s good to omit EURUSD for either a novice or professional Trader.
-Am very confident and sure that, United States it’s the only country which
prints it’s own currency by themselves.

“If you read Fundamentals, you are misinformed, if you don’t read them, you are
Uninformed.” Mark Twain

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6. Big Banks And Hedge Funds


-Swiss Banks are the world’s strongest banks.

Who Controls Price?,


-It’s not us retail traders. It’s them, who?, Fundamentals. Who are
Fundamentalists? Big Banks and Hedge Funds.
-So this business it’s us against them and not us against us.
-Big Banks (Inter-Bank) controls price and not us.

Inter-Bank Major Players include,


-Deutsche, Citi, JP Morgan Chase, HSBC, and some China Banks.

What they do,


-They need liquidity to make price go up and down. Hence they use your
money to do that. There is an endless supply for them in the Forex Spot
Market.

How can we avoid them?,


-Don’t be popular, just stop being the popular rich kid. Avoid USD pairs
and any instrument which is traded frequently by everyone. Just because
everyone is trading NASDAQ100 it doesn’t mean that even you must be
doing the same.

-Don’t use the same tools everyone is using. You think these guys are
stupid to allow Robots and Indicators Milk them? No, they ain’t stupid.
Brokers, Banks, Hedge Funds Play the same role, they are genuises and
you retail traders are intelligent. Imagine a broker making a trading
platform for you to trade on? Doesn’t that click your mind on how smart
they are? So now imagine, you the intelligent one wants to use artificial
intelligency on them, Robots and Indicators. You want to use intelligency
on genius. Wow! Something must be wrong with you folks. The moment a
new indicator or robot is released, all brokers and big boys know about it.
And they know how to deal with it, simple. If Indicators work and Robots,
ask yourself, why is it that everyday new systems are being released? That
question answers everything.

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-I will repeat this point once more, don’t hang out where popular kids hang
out. By all means and ways stop trading USD pairs. There are many pairs
you can trade and many other financial instruments apart from the popular
ones. Shenanigans don’t happen much or sometimes not at all in non-USD
pairs and non-popular instruments.

-Fundamentals are risk to trade, because you have no control over price
when trading fundamentals. That’s why banks love fundamentals because
they take price in whatever direction they want to take it to and they owe
no one in this world an explanation why they take price in whatever
direction they feel like taking it to.

-Trade cross pairs, will talk about that later.


- Don’t trade exotic pairs.
-Don’t trade US-Dollar pairs

How Market Makers They get our money,


-They can see where trader’s money is sitting in every currency.
-They know where the orders are.
-They get money for traders on popular side.

See this example

72% Long (Buying) 28% Short (Selling)


USDCAD USDCAD
Whom do you think Big Banks will go with? The 28%. They will also sell.
The majority will lose.
The majority at often times loses you just can’t realize it. But they are
transparent always and hence become vulnerable.
Although that happens frequently, but it doesn’t mean that, the majority
will always lose, why? Because in business or gambling, you have to make
your clients feel they are intelligent and smart by making them win you
know what am talking about. Big Banks make the majority of traders to win
just to keep them in the market so that they keep on playing. But in the
actual sense they lose more than they are winning.

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-Forex Market is never closed, it works 7 days a week, 365 days a year, 24
hours everyday. I know you are confused. Yes that’s the purpose to
confuse you folks. You are asking questions I know that why don’t we trade
during weekends? Lol! Listen Forex Market is never closed, it works even
on Sundays and Saturdays. I will give you a task right now, On Saturdays
and Sundays just when Markets are closed and about to open or anytime,
pay attention and watch your charts, you will see candlesticks, price moving
suddenly from here to here, they will be forming gaps, candlesticks will be
moving randomly any direction, but for you to see that, you have to be
looking straight on the charts, you will see crazy movements of price which
don’t make any sense. Now who moves that price? It’s Big Banks and
Hedge Funds, they trade even on weekends because Markets are never
closed. Big Banks and likely brokers just close the markets for us, they
freeze platforms so that we don’t take trades. In the actual sense markets
are never closed. Sundays and Saturdays Big Banks invest Billions of
Dollars in trades hence you will see price moving harshly. But you cant see
price moving if you are not paying attention on charts. Because it will make
a large move and it will stop for a while then it willl move again.

“Just because you are many, it doesn’t mean you are right” King George 11

“Fundamentals don’t change the trend in any way. Always remember this”
King George-11

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7. Metals
-Are easier to manage than FX
-Differences are hard to grasp

i. XAgUSD (Silver)
XAg= X for index and Ag for Silver.
-There are about 3.5 Billion troy Oz available.
-About 0.5 Oz per human when you take world’s population.
-About 50% is used in production.
-Supply Of Silver is also decreasing.
-Way cheaper, so you can buy more.
-Gold low/high grew approximately 768% during this century’s
runup.
-Silver low/high grew approximately 1147% in the same time period.
-Silver United States Dollar almost outgained Gold 2 times during
2019 runup.

Uses Of Silver (Ag)


Batteries
Solar Panels
Electric Cars
Medicine
Nuclear Technology

ii. XAuUSD (Gold)


-King of all metals.
-XAu= X it’s for Index and Au for Gold. Academicians know the
Symbol of Gold well as Au. Periodic Table in Chemistry says all
these stuffs.
-It is measured in troy ounces, which are slightly different than
standard ounces.
-About 10% is used in production.
-90% is used for hedging, safety, and investment purposes.
-Gold is always the number one place to go to.
-BMO Capital Markets, Bloombergy output from the world’s gold
mines will top out in 2019 before declining from the year 2015 to

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2019, Gold will top. Then 2020 to 2025 as far as we can go, Gold
will decline.

Now Why Holding Gold?


-Offers ultimate Protection.
-Can only go down so much but not upto zero.
-Supply fading.
-Demand will certainly rise.
-Moves smooth than most Metals and FX pairs.

Temporary Downside Of Gold


-It’s a fear Metal
-Frequenty US president tweets affects all USD pairs and Gold so
much.

iii. XPdUSD (Palladium)


-XPd, X for index and Pd for Palladium.
-It is the most expensive of the 4 spot metals.
-Almost quadrupled in value since 2016.
-It’s uses are more similar to platinum but it is used more for gas-
powered vehicles.
-Palladium trends a lot.
-United States Dollar does not affect Palladium.

iv. XPtUSD (Platinum)


-XPt, X for index then Pt for platinum.
-Worth less than gold since 2011.
-8 million troy Oz available.
-Few people invest in platinum.
-Used in catalytic converters, dental, white gold.
-You can trade Platinum independent of Gold and Silver.
-Be aware of USD interest rate decisions, because this affects
platinum.

“The Chart never lie if only you learn how to read it correctly.”
George Williams

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8. Number Of Pairs To Trade


-There is no restriction to the number of pairs or instruments you can
trade. It all depends on you.
-Some say 1,2,3 or 4 pairs. That’s hilarious. Who said that you sould be
trading 3 or 2 pairs? No one actually. The number of pairs to trade
depends on you and your ability to maintain focus.
-When most traders are asked why they trade 3 pairs or 2 pairs, they
respond like, “i want first to master the movements of this pair then later
on I will add another pair to master it’s movements aswell.” I used to think
in that manner aswell, I used to, yes, I was stupid, I didn’t know that I was
stupid. But reality is, you can’t master the movements of any pair, that’s just
nonsense, all pairs move the same, they trend up, they trend down, they
range and choppy. So what is there to master now? Nothing probably. In
stocks, Forex, Bonds, Indices or any other real market, you can’t master
movements of instruments because they all do the same things. Range,
Choppy, Trend up and down but they do so at different time zones, maybe
someone might say, opening sessions happen to be slow or fast and
whatever, yeah that can be understood. Not mastering movements.
Understand this, people change in their chromosomes, hence this affect
their emotional intelligence and as a result, they will do new and try new
things. Price will not always Range or Trend up, humans will change and
the move will change. Forget that mendacity which people say master the
movements of this instrument. No it doesn’t work like that. You will never
find that thinking at Trading Legacy 11.

Maybe I can say, Deriv Synthetic Indices have specific moves which you
can master. But it’s rare still. There is no specific moves to these things.
They change everytime. People change everytime. The reason you lose
money is because you expect too much some patterns to repeat. But, are
you the one who contorls the markets? Who the hell are you to be
expectant of what you don’t control? A sorcerer? You can’t master the
moves of instruments just follow what they give you.

Now let me tell you the main reason for trading few pairs according to me.
The reason is, not to have divided attention. To maintain focus that is if
you don’t manage to focus on many pairs. That is a sensible reason and
not that tosh of mastering moves.

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“History is not always kind to it’s subject, that is why support and resistance gets
Breached.”
King George-11

9. Currency Correlation
This is not a good idea to undertake. I know you are shocked why am
saying this, after all am the same person who talked about correlations.
Why is this not a good idea? Currency correlations changes daily, almost
daily, so meaning it will pressure you to check correlations each day or
week. And you will be needing a lot of information. So just leave
correlations behind. Trade what you are seeing on the chart in front of
you.
Don’t fall in love with names in forex. Just because you hear correlations
don’t fall in love with it. You have to be very careful in forex because there
is a lot of nice names which can waste your time.
Think about this, GBPUSD and GBPJPY are highly correlated positively.
After that you analyse that GBPUSD will short(sell) but when you look at
GBPJPY you see price in a long term buy. So what do you do?You doubt
your analysis on GBPUSD of selling then you follow what you have seen
on GBPJPY of buying. What’s the implication of that?
i. You disrespected your trading plan if Correlation ain’t part of your
trading plan.
ii. You are trading based on tips.
iii. You don’t trust your analysis.

It’s quite hilarious, right? Probably. So instead of you following GBPJPY,


Just forget about it and trade, sell GBPUSD based on your analsysis.
Remember you are following Technical Analysis as a candlestick price
action trader. Correlations will just frustrate you and your analysis. So
forget them please.

“Mastering Technical Analysis Of Pure Price Action Takes Years and


Descipline”
King George-11

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Currency Pairs
By all means and cost avoid United States Dollar Pairs. Because Big Banks
love to manipulate United States Dollar Pairs. USD is the most popular
Currency and world’s reserve. That’s where most money is. News events
move United States Dollar Massively. United States President make tweets
which move the United States Dollar unpredictably.

Hence Avoid USD pairs, instead consider cross pairs. Cross pairs are
major pairs without USD within them. Take a look at some examples of
cross pairs below,

EURJPY
GBPJPY
GBPCHF
AUDNZD
AUDCAD
AUDCHF
CHFJPY
AUDJPY
EURGBP
EURAUD
EURCHF Trade Cross Pairs
EURNZD
EURCAD
CADCHF
CADJPY
GBPAUD
GBPCAD
GBPNZD
NZDCAD
NZDCHF
NZDJPY

And please don’t mistake cross pairs with Exotic pairs. Don’t trade Exotic
Pairs. These are pairs without the combination of 8 major currencies in
them. See below listing for clarity,

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AUDSGD Singapore Dollar (SGD)


CHFSGD “
EURDKK Danish Korner (DKK)
EURHKD Hong Kong Dollar (HKD)
EURNOK Norwegian Krona (NOK)
EURPLN Polish Zloty (PLN)
EURSEK Swedish Kronor (SEK)
EURSGD “
EURTRY Turkish Lira (TRY)
EURZAR South African Rand (ZAR)
GBPDKK “
GBPNOK “
GBPSEK “
GBPSGD “
GBPTRY “
NOKJPY “
NOKSEK Don’t Trade Exotic Pairs, Stay away
SEK JPY “
SGDJPY “
USDCNH Chinese Renminbi (CNH)
USDCZK Czech Republic Korunas (CZK)
USDDKK “
USDHKD “
USDHUF Hungarian Forints (HUF)
USDMXN Mexican Peso (MXN)
USDNOK “
USDPLN “
USDRUB Russian Ruble (RUB)
USDSEK “
USDTHB Thai Baht (THB)
USDTRY “
USDZAR “

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Don’t trade United States Dollar major Pairs. See below list for clarity,
EURUSD
USDJPY
GBPUSD
AUDUSD Avoid these pairs, These are major pairs traded by Big
USDCAD Banks and Hedge Funds
USDCHF
NZDUSD

As you have seen from the above list, all the pairs have USD in them. So I
recommend to never trade such kind of pairs. Because you will be the popular
rich kid and you will find yourself on the finger tips of Big Banks and Hedge
Funds. The pairs above are all majors only except NZDUSD which is a minor
pair but still that doesn’t change anything. Don’t dare it or you will be damaged by
what the Big Banks will do to you. Big Banks and Hedge Funds play up with
USD pairs. Above all, EURUSD is the most played with currency pair, it covers
50% of Forex Transactions all by itself. So stay away if you want to see your forex
career progressing. Most of you have good technical skills but you just trade
wrong things hence affecting you thinking like you just don’t know how to trade.

Don’t trade these popular instruments listed below,

Real Indices and Metal


NASDAQ100
US30 Recommendation, Stay away
US500 (Most traded indice) unless you experienced you can trade
GER30
GOLD (XAuUSD

Derive.com Synthetic Indices (Man Made)


VIX75
VIX25
BOOM 500/1000 It’s a recommendation, prefer to stay away
CRASH 500/1000 unless you are experienced you can trade
VIX100 (1s)

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All above recommendations are not commands. You can choose whether to
follow them or not. When you choose to go against my recommendations, please
always remember to take caution when trading instruments I have told you to not
trade. Take caution and put this in mind,
“Always remember that, most people get interested in stocks when everyone else
Is. The time to get interested in financial instruments is when no one else is.
You can’t buy what is popular and do well.”
Warren Buffet

Put the words of Warren Buffet in mind always. Always do so if you choose to go
against my recommendations. Am not a sorcerer.

“It is never right to follow the herd in Financial Markets trading”

YOU MAY ASK IF I DON’T TRADE GOLD (XAuUSD) THEN WHAT


AM I GOING TO TRADE?
If you don’t trade Gold (XAUUSD) you can trade other Gold types which are
there such as, XAUEUR and XAUAUD. Simple

Advantages Of Trading Euro


-Not affected by the USD that much. It just doesn’t care what the US is doing. It’s
a stand alone currency.
-News events are Scattered, because it’s a currency with many countries in it
belonging to Euro Zone. As such, news from a single european country doesn’t
move the Euro that much or not at all. Because one country’s news can’t affect all
other european countries.
-Big News events are easy to spot. European Central Bank news events it’s the
only news you must fear when trading.

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Advantages Of Trading GBP


-Doesn’t correlate with anything.
-It doesn’t care what others are doing.
-It doesn’t stagnate that much, it often trends up or down.
-News events are easy to follow.

Advantages Of Trading CHF


-The most news nuetral major currency just like JPY.
-It doesn’t get affected by it’s own news events almost 100%.
-Moves with the Euro but not as heavy as the Euro.

Advantage Of Trading EURGBP


-Slowest of the 8 majors and that’s nice because you can control it to a certain
level.
-Does not care about USD news.
-Rarely stagnates/often trends up or down.
-High Win Percentage rate.

Advantage Of Trading GBPCHF


-Faster than the EURGBP
-Does not care about at all about USD news
-Flows even better than the EURGBP. Stagnates very less and trends very often
-It’s an isolated pair by traders. It has low profile, like a poor and unpopular kid.

- I suggest not to be trading EURGBP and GBPCHF at the same time


because you will be over leveraging on Great British Pound. As you can
see both pairs have Sterling or Pound within them. This applies to any
pair, don’t open too many positions on pairs which have the same
Currency, that’s over leveraging and poor risk management.

Advantage Of Trading AUDNZD


-These are friends with benefits.
-They both avoid United States Dollar Problems.
-They are both Risk-on Currencies.
-They don’t correlate that much because they are almost the same, just one
Currency.
-Early news can correct itself fast.

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-Either trends a lot or ranges. It doesn’t stagnate


-Trading systems work better on this pair. Because systems love instruments
which doesn’t consolidate.
-Choppy very less
-No need to test your system on this pair.

- I talked about Risk-on on this pair, what I meant by that is, It’s a mode of
investment behavior in which investors shift low-risk investments to more
profitable high-risk investments.

What To Know When Considering Trading

i. GBPUSD
-It is third on Popularity.
-Almost always volatile.
-It’s a non-commodity currency. It doesn’t correlate with any commodity.
-It’s nick-named Cable.
-It’s almost everytime high related to GBPJPY.
-United States Dollar often drives this pair.
-Expect bigger moves with this pair. Big retracements moves.
-More news events move this pair like hell.
-Great British Pound and United States Dollar are the most news Driven
Currencies.
-Treat GBPUSD as you would treat EURUSD. Be cautious.

ii. EURUSD
-99% of Retail Traders trade this pair and they end up blowing accounts.
-It is the most liquidity pair. Meaning more money passes through this pair. What
do I mean by that? I mean Big Banks and Hedge Funds that’s number one
currency pair they hang around with. Liquidity means money and money means
Big Banks and Hedge Funds. Big Banks and Hedge Funds mean Liquidity. And
liquidity is the last thing you must think of in Financial Markets beacause it has no
use, it is not important. Otherwise it will bring you problems.

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Most Commonly Traded Currencies


i. EURUSD
ii. USDJPY
iii. GBPUSD
iv. AUDUSD
v. USDCAD
vi. USDCNY
vii. USDCHF
viii. EURGBP
ix. USDMXN

➢ The Reasons Retail Traders Trade EURUSD Is


- Because they were told to do so and because everyone does it. They want
to get good at one pair before moving to another pair. But pairs don’t have
their own unique movements. Because EURUSD is the most Liquiditry
pair in Forex.

Liquidity and Volatility


- I repeat Liquidity doesn’t matter in Forex, instead Volatility does. Volatility
is something you must be looking for in an instrument. Volatility is how
much an instrument can move over a range of time, you don’t need an
instrument which stagnates. Then Liquidity means Big Banks and Hedg
Funds, Money. Learn to differentiate this.
- Forex market is already liquid. None of us have enough money to make
the market react. Spikes in the non-liquid market don’t happen often,
almost never.

-EURUSD is the most played with currency pair in the world. Big Banks
and Hedge Funds moves the markets. Their job is to take your money and
redistribute it back into the market. They do that by staying where the herd
is. In popular instruments.
- United States Dollar is the single most played with, manipulated currency
in the world.

BAR BY BAR ANALYSIS


23 | P a g e
FATHER OF TECHNICAL ANALYSIS

➢ What You Can Do As A Good Student Of Mine


- Do not limit yourself to just trading the EURUSD, and other United States
Dollar Pairs, and NASDAQ100, GOLD, GER30, US30, US500 and other
popular instruments. But in a case you choose to be a Rich Popular Kid,
trade with caution folks. The best thing you can do also is to explore other
instruments without fear. They are so many instruments which are isolated
and not on the radar which you can trade out their. A good trading system
loves the unpopular. But I didn’t say trade Exotic Pairs, lol!. Don’t trade
those. They are not among 8 major currencies.

iii. USDCAD
-This is has United States Dollar which makes it not great.
-Economies of Canada and United States run together often.
-Biggest news for Canada and United States comes out on the same day.
-For United States it’s Non-Farm Payroll and Canada it’s Employment rate.
-Don’t use oil to trade Canadian Dollar (CAD), Oil is hard to figure out.

To sum it up altogether, if possible, by all means


i. Forget about correlations, they will consume you.
ii. Don’t be a popular Rich Kid, by this I mean avoiding all popular instruments
including all United States Dollar Pairs.
iii.Don’t trade Exotic Pairs

This was the purpose of this PDF to irritate you by telling you to stop doing what
you are doing. But I hopefully pray you understand all of it. Nobody is going to
tell you these things am telling you. So hold this pdf, and if possible please print it
out.

This is a private property, confidential. It’s not a free material.


It’s going at a less deserving price of 46.58 Euros. Imagine how cheap. If you
bought this from me directly, whatsapp me.

BAR BY BAR ANALYSIS


24 | P a g e
FATHER OF TECHNICAL ANALYSIS

King George-11, The Market Maker $ Wyckoffian


Father Of Technical Analysis. Universal Technical Analysis, For paid Lectures
Inbox me
Of
Stocks, Futures, Commodities, Cryptocurrencies, Indices, Synthetic Indices,
Bonds, And Forex Markets.

WHATSAPP +2607644 79764, CALL +260963976343


TELEGRAM:- @tradinglegacy11
FACEBOOK GROUP:- Trading Legacy Academy
FACEBOOK NAME:- King George II
TWITTER:- @tradinglegacy11 OR Mwspe George
INSTAGRAM:- Mwape George
LINKEDLN:- Mwape George

BAR BY BAR ANALYSIS

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