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x Trading

DVRGNCE
Precision Trading
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Disclaimer

Trading foreign currencies on margin and leverage involves a high degree of risk and is not appropriate for all investors.
Before deciding to invest in foreign currencies you should carefully consider your trading goals and risk tolerance. The
possibility of you losing some or all of your initial investment is very likely, therefore you should not invest money that you
cannot afford to lose.
Everything provided in this course is for educational purposes only and should not be taken as advice on how to invest
your equity. Always seek advice from a financial planner or financial advisor before investing your capital.
NEVER take a trade based on what you see in this course. We will not be held responsible for any losses that occur. It is
your responsibility to decide if you are comfortable accepting the risk involved in currency trading.
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Contents
Foreword…………………………………………………………………………………………………………………………………………………….4
Accumulation………………………………………………………………………………………………………………………………………………6
Type 1 & Type 2
7 Step Confirmation
4 Phases
Distribution………………………………………………………………………………………………………………………………………………..14
Type 1 & Type 2
7 Step Confirmation
4 Phases
Re-Distribution…………………………………………………………………………………………………………………………………………..21
Type 2 ex
4 Phases
9 Step Confirmation
Re-Accumulation……………………………………………………………………………………………………………………………………….26
Type 2 ex
4 Phases
9 Step Confirmation
Schematic Within Schematic (SWS)……………………………………………………………………………………………………………31
Before Entering a Trade……………………………………………………………………………………………………………………………..33
Top Down Analysis
Entering a Trade, S/L & TP………………….…….……………………………………………………………………………………………….35
Last Words…………………………………………………………………………………………………………………………………………………37
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We urge you to back test the strategies shown below until you are
comfortable before you enter a real trade.
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Accumulation Type 1 & Type 2


(Reversal from Downtrend to Uptrend)
-7 Steps
-4 Phases
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Accumulation Type 1
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MB
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Accumulation Type 2

SOS

MB
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1. PS—preliminary support, where substantial buying begins to provide pronounced support after a
prolonged down-move. Volume increases and price spread widens, signaling that the down-move
may be approaching its end.

2. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and
heavy or panicky selling by the public is being absorbed by larger professional interests at or near a
bottom. Often price will close well off the low in a SC.

3. AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of
buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help
define future support line once structure is broken. AR should be a minimum of 0.382 on Fibonacci
levels from PS to confirm an accumulation event.

4. ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at
these levels. If a bottom is to be confirmed, volume and price spread should be significantly
diminished as the market approaches support in the area of the SC. It is common to have multiple STs
after a SC.
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5. TEST/ Spring —Large operators always test the market for supply throughout an accumulation (e.g.,
STs and springs) and at key points during a price advance. If considerable supply emerges on a test,
the market is often not ready to be marked up. A spring in accumulation type 1 is often followed by
one or more tests; a successful test (indicating that further price increases will follow) typically makes
a higher low on lesser volume.

6. SOS – Signs of Strength Jump with a following break of structure.

7. LPS –Last Point of Support Higher highs and higher lows are being made before price takes off. Price
will usually revisit a previous high and use it as a support level, which can be used as another entry
level.

Extra
MB – Migration Block Where price is comfortable to consolidate. Formed generally after they have
taken out a short term high or low, when the breaker has established then reverses quickly into it, once
price reverses and pulls back into the block "migrating". Around the migration block you will find price
breaking structure and migrate back again. Look at it as a support/resistance line within the schematic.
Area of consolidation is important because price has a high tendency to always return back to migration
block as a LPS before a complete BOS this is where we can also focus on entry.
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Phase A: Phase A marks the stopping of the prior downtrend. Up to this point, supply has been dominant.
The approaching diminution of supply is evidenced in preliminary support (PS) and a selling climax (SC).
These events are often very obvious on charts, where widening spread and heavy volume depict the
transfer of huge numbers of trades from the public to large professional interests. Once these intense
selling pressures have been relieved, an automatic rally (AR), consisting of both institutional demand for
price as well as short covering, typically ensues. A successful secondary test (ST) in the area of the SC will
show less selling than previously and a narrowing of spread and decreased volume, generally stopping at or
above the same price level as the SC. If the ST goes lower than that of the SC, one can anticipate either
new lows or prolonged consolidation. The lows of the SC and the ST and the high of the AR set the
boundaries of the Trading Range. Horizontal lines may be drawn to help focus attention on market
behavior.
Sometimes the downtrend may end less dramatically, without climactic price and volume action. In
general, however, it is preferable to see the PS, SC, AR and ST, as these provide not only a more distinct
charting landscape but a clear indication that large operators have definitively initiated accumulation.
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Phase B: Phase B serves the function of “building a cause” for a new uptrend. In Phase B, institutions and
large professional interests are accumulating relatively low-priced inventory in anticipation of the next
markup. The process of institutional accumulation may take some. There are usually multiple STs during
Phase B, as well as upthrust-type actions at the upper end of the trading range. Overall, the large interests
are net buyers as the trading range evolves, with the goal of acquiring as much of the remaining floating
supply as possible. Institutional buying and selling imparts the characteristic up-and-down price action of
the trading range. Early on in Phase B, the price swings tend to be wide and accompanied by high volume.
As the professionals absorb the supply, however, the volume on downswings within the trading range
tends to diminish. When it appears that supply is likely to have been exhausted, the price is ready for
Phase C.
Phase C: It is in Phase C that the price goes through a decisive test of the remaining supply, allowing the
“smart money” operators to ascertain whether the price is ready to be marked up. As noted above, a
spring is a price move below the support level of the TR (established in Phases A and B) that quickly
reverses and moves back into the TR. It is an example of a bear trap because the drop below support
appears to signal resumption of the downtrend. It will also get rid of all the traders that set their stop
losses too tight or right below the initial selling climax. In reality, though, this marks the beginning of a new
uptrend, trapping the late sellers (bears). In this method, a successful test of supply represented by a
spring (or a shakeout) provides a high-probability trading opportunity. A low-volume spring (or a low-
volume test of a shakeout) indicates that the price is likely to be ready to move up, so this is a good time to
initiate a long position.
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The appearance of a SOS shortly after a spring or shakeout validates the analysis. As noted in Accumulation
Type 1 and Type 2, however, the testing of supply can occur higher up in the trading range without a spring
or shakeout (Type 2); when this occurs, the identification of Phase C can be challenging.
Phase D: If we are correct in our analysis, what should follow is the consistent dominance of demand over
supply. This is evidenced by a pattern of higher highs and higher lows (SOSs) and increasing on widening
price spreads and increasing volume, as well as reactions (LPSs) on smaller spreads and diminished
volumes. During Phase D, the price will move at least to the top of the TR. LPSs in this phase are generally
excellent places to initiate or add profitable long positions. LPS will usually test a previous high within the
trading range before it leaves the trading range completely. After that demand is in full control and the
markup is obvious to everyone.
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Distribution Type 1 & Type 2


(Reversal from Uptrend to Downtrend)
-7 Steps
-4 Phases
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SELL ZONES
MB

Distribution Type 1
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SELL ZONES

MB

SOW

Distribution Type 2
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1. PSY—preliminary supply, where large interests begin to take profits in a long position in quantity
after a pronounced up-move. Volume expands and price spread widens, signaling that a change in
trend may be approaching.
2. BC—buying climax, during which there are often marked increases in volume and price spread. The
force of buying reaches a climax, with heavy or urgent selling by the public being filled by professional
interests at prices near a top.
3. AR—automatic reaction. With intense buying substantially diminished after the BC and heavy supply
continuing, an AR takes place. The low of this selloff helps define the lower boundary of the
distribution trading range. AR should be a minimum of 0.382 on Fibonacci levels from PSY to confirm
a distribution event.
4. ST—secondary test, in which price revisits the area of the BC to test the demand/supply balance at
these price levels. For a top to be confirmed, supply must outweigh demand; volume and spread
should thus decrease as price approaches the resistance area of the BC. An ST may take the form of
an upthrust (UT), in which price moves above the resistance represented by the BC and possibly
other STs before quickly reversing to close below resistance. After a UT, price often tests the lower
boundary of the TR.
5. SOW—sign of weakness, observable as a down-move to (or slightly past) the lower boundary of the
TR, usually occurring on increased spread and volume. The AR and the initial SOW(s) indicate a
change of character in price action: supply is now dominant.
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6. UTAD/TEST—upthrust after distribution. A UTAD is the distributional counterpart to the spring in the
Accumulation Type 1. It occurs in the later stages of the distribution and provides a definitive test of
new demand after a breakout above trading range resistance. Analogous to springs and shakeouts, a
UTAD is not a required structural element: the trading range in Distribution Type 1 contains a UTAD,
while the trading range in Distribution Type 2 does not.
7. LPSY—last point of supply. After testing support on a SOW, a feeble rally on narrow spread shows
that the market is having considerable difficulty advancing. This inability to rally may be due to weak
demand, substantial supply or both. LPSYs represent exhaustion of demand and the last waves of
large operators’ distribution before markdown begins in earnest.
Extra
MB – Migration Block Where price is comfortable to consolidate. Formed generally after they have
taken out a short term high or low, when the breaker has established then reverses quickly into it,
once price reverses and pulls back into the block "migrating". Around the migration block you will
find price breaking structure and migrate back again. Look at it as a support/resistance line within the
schematic. Area of consolidation is important because price has a high tendency to always return
back to migration block as a LPSY before a complete BOS this is where we can also focus on entry.
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Phase A: Phase A in a distribution trading range marks the stopping of the prior uptrend. Up to this point,
demand has been dominant and the first significant evidence of supply entering the market is provided by
preliminary supply (PSY) and the buying climax (BC). These events are usually followed by an automatic
reaction (AR) and a secondary test (ST) of the BC, often upon diminished volume. However, the uptrend
may also terminate without climactic action, instead demonstrating exhaustion of demand with decreasing
spread and volume; less upward progress is made on each rally before significant supply emerges.
Phase B: The function of Phase B is to build a cause in preparation for a new downtrend. During this time,
institutions and large professional interests are disposing of their long inventory and initiating short
positions in anticipation of the next markdown. The points about Phase B in distribution are similar to
those made for Phase B in accumulation, except that the large interests are sellers as the trading range
evolves, with the goal of exhausting as much of the remaining demand as possible. This process leaves
clues that the supply/demand balance has tilted toward supply instead of demand. For instance, SOWs are
usually accompanied by significantly increased spread and volume to the downside.

Phase C: In distribution, Phase C may reveal itself via an upthrust (UT) or UTAD. As noted above, a UTAD is
the opposite of a spring. It is a price move above trading range resistance that quickly reverses and closes
in the trading range. This is a test of the remaining demand. It is also a bull trap—it appears to signal the
resumption of the uptrend but in reality is intended to “wrong-foot” uninformed traders. A UT or UTAD
allows large interests to mislead the public about the future trend direction and, subsequently, get rid of
traders with SL’s too tight or right at BC or to fakeout traders going long, before the markdown begins.
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Phase D: Phase D arrives after the tests in Phase C show us the last gasps of demand. During Phase D, price
travels to or through trading range support. The evidence that supply is clearly dominant increases either
with a clear break of support or with a decline below the mid-point of the trading range after a UT or
UTAD. There are often multiple weak rallies within Phase D; these LPSYs represent excellent opportunities
to initiate or add to profitable short positions. Anyone still in a long position during Phase D is asking for
trouble.
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Re-Distribution Type 1 & Type 2


(Consolidation within a Downtrend)
-9 Steps
-Phases A-D
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MB

Re-Distribution (Type 2 ex.)


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In a re-distribution scenario, type 1 or type 2 could occur. Only type 2 is shown above, but you get the
point.

Phase A-D: Within a larger downtrend, Phase A may look more like the start of an accumulation (e.g., with
climactic price and volume action to the downside). However, Phases B through E of a re-distribution can
be analyzed in a similar manner to the distribution type 1 or 2 at the market top.

Extra
MB – Migration Block Where price is comfortable to consolidate. Formed generally after they have taken
out a short term high or low, when the breaker has established then reverses quickly into it, once price
reverses and pulls back into the block "migrating". Around the migration block you will find price breaking
structure and migrate back again. Look at it as a support/resistance line within the schematic. Area of
consolidation is important because price has a high tendency to always return back to migration block as a
LPSY before a complete BOS this is where we can also focus on entry.
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1. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and
heavy or panicky selling by the public is being absorbed by larger professional interests.

2. AR/PSY—automatic rally/preliminary supply within a re-distribution. Can be confusing because it


could be a AR in an Accumulation or Preliminary supply within a re-distribution. But in a re-
distribution it is considered a PSY.

3. PSY—preliminary supply, where large interests begin to take profits in a long position in quantity
after a pronounced up-move. Volume expands and price spread widens, signaling that a downtrend
may continue.
4. BC—buying climax, during which there are often marked increases in volume and price spread.
Buying within a consolidation reaches a climax.
5. AR—automatic reaction. With intense buying substantially diminished after the BC and heavy supply
continuing, an AR takes place. The low of this selloff helps define the lower boundary of the re-
distribution trading range. AR should be a minimum of 0.382 on Fibonacci levels from SC to confirm a
re-distribution event.
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6. ST—secondary test, in which price revisits the area of the BC to test the demand/supply balance at
these price levels. For a top to be confirmed, supply must outweigh demand; volume and spread
should thus decrease as price approaches the resistance area of the BC. An ST may take the form of
an upthrust (UT), in which price moves above the resistance represented by the BC and possibly
other STs before quickly reversing to close below resistance. After a UT, price often tests the lower
boundary of the TR.
7. SOW—sign of weakness, observable as a down-move to (or slightly past) the lower boundary of the
TR, usually occurring on increased spread and volume. The AR and the initial SOW(s) indicate a
change of character in price action: supply is now dominant.
8. UTAD/TEST—upthrust after distribution. A UTAD is the distributional counterpart to the spring in the
Accumulation Type 1. It occurs in the later stages of the distribution and provides a definitive test of
new demand after a breakout above trading range resistance. Analogous to springs and shakeouts, a
UTAD is not a required structural element: the trading range in Re-distribution Type 2 does not
contain a UTAD.
9. LPSY—last point of supply. After testing support on a SOW, a feeble rally on narrow spread shows
that the market is having considerable difficulty advancing. This inability to rally may be due to weak
demand, substantial supply or both. LPSYs represent exhaustion of demand and the last waves of
large operators’ distribution before markdown begins in earnest.
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Re-Accumulation Type 1 & Type 2


(Consolidation within an Uptrend)
-9 Steps
-Phases A-D
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Re-Accumulation (Type 2 ex.)

MB
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In a re-accumulation scenario, type 1 or type 2 could occur. Only type 2 is shown above, but you get the
point.

Phase A-D: In a re-accumulation scenario which during uptrends, the points representing PS, SC and ST are
not really evident in Phase A. Rather, in such cases, Phase A resembles that more typically seen in
distribution scenarios. Phases B-E generally have a shorter duration and smaller amplitude than, but are
ultimately similar to, those in the primary accumulation base type 1 or 2.

Extra
MB – Migration Block Where price is comfortable to consolidate. Formed generally after they have taken
out a short term high or low, when the breaker has established then reverses quickly into it, once price
reverses and pulls back into the block "migrating". Around the migration block you will find price breaking
structure and migrate back again. Look at it as a support/resistance line within the schematic. Area of
consolidation is important because price has a high tendency to always return back to migration block as a
LPS before a complete BOS this is where we can also focus on entry.
x Trading
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1. BC—buying climax, during which there are often marked increases in volume and price spread. The
force of buying reaches a climax for a re-accumulation.
2. AR/PS—automatic rally/Preliminary Support within a re-accumulation. Can be confusing because it
could be an AR in an Distribution or Preliminary Support within a re-accumulation. But in a re-
accumulation it is considered a PS.
3. PS—preliminary support, where substantial buying begins to provide pronounced support in a
consolidation within an uptrend

4. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and
heavy or panicky selling by the public is being absorbed by larger professional interests.

5. AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of
buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help
define future support line once structure is broken. AR should be a minimum of 0.382 on Fibonacci
levels from bottom of BC to confirm a re-accumulation event.

6. ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at
these levels. If a bottom is to be confirmed, volume and price spread should be significantly
diminished as the market approaches support in the area of the SC. It is common to have multiple STs
after a SC.
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7. TEST/ Spring —Large operators always test the market for supply throughout an accumulation (e.g.,
STs and springs) and at key points during a price advance. If considerable supply emerges on a test,
the market is often not ready to be marked up. A spring in accumulation type 1 is often followed by
one or more tests; a successful test (indicating that further price increases will follow) typically makes
a higher low on lesser volume.

8. SOS – Signs of Strength Jump with a following break of structure.

9. LPS –Last Point of Support Higher highs and higher lows are being made before price takes off. Price
will usually revisit a previous high and use it as a support level, which can be used as another entry
level.
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Schematic Within Schematic

All these accumulations and distributions as well re-distribution and re-accumulation can be
found anywhere on any given chart
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Continuaton Schematic within Schematic

Schematics can be found anywhere on the chart. It doesn’t matter if you look the 4HR timeframe or
1min timeframe. However, we can take this as our advantage! If you study the 4HR timeframe and
you can identify a schematic take place you can trade an generate big RR’s within the schematics
knowing where price potentially could be heading. For instance, let’s say we are studying the 4HR
timeframe and see a schematic take place. Let’s use a Distribution for example. That means we can
already see a BC, AR, and ST. We were probably also able to draw our MB and it has established an
upper and lower TR. With our Supply Zone. If we are within a distribution schematic on the lower TR
we know that price most likely will travel back to at least the MB. So, if we look at the lower
timeframe (knowing that we are at the lower TR within a 4HR distribution) we can see for i.e. in 5Min
timeframe that within that lower TR an entire accumulation is taking place. For more clarification
refer to the Schematic within Schematic video.
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Before Entering a Trade

Before entering any trade regardless of what technical analysis or strategy is applied you should always do
a top down analysis. A top down analysis, as the name explains, is an analysis that should be done starting
with the highest timeframe. The highest timeframe in our case is the monthly timeframe. On the monthly
timeframe you will be able to see past years movement of the chart. Now understand this:
any currency pair has a seasonal tendency,
meaning that during any given year a pair i.e. EURUSD has a dip around Winter/Springtime and another
spring around Summertime. This is crucial when turning into lower timeframes. You also want to always
check the fib levels of successful retracements. This will give you an idea of market structure and if it
moves accordingly. Marking of vertical support and resistance levels can assist you understanding market
structure. S&R, Fib levels and Market Structure should be analyzed for following timeframes: Monthly,
Weekly, Daily, 4HR, 1HR & 15M. Now if we understand market structure of any given pair and what
direction trend is currently heading to with successful fib level retracements till the 15M timeframe, we
can mark daily pivots to see how far price will move within any given day. Once we get to the 15M till 3M
timeframe we want to start looking for setups such as accumulations, distributions, re-accumulations or re-
distributions. While checking market structure and s&r levels I urge you to also check current interest rates
of the country you are planning to trade currencies from. If USD is involved, you should also check how the
S&P 500 and DJI are moving and behaving in relation to your given currency pair. On top of that Gold
should always be studied since it is considered an “universal currency” that has direct relations. Last but
not least, which is the most obvious one that any advanced trader should check daily are news.
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Monthly Timeframe 1HR

1. S&R Levels 1. S&R Levels


2. Fib Levels 2. Fib Levels
3. Structure 3. Structure
4. Weekly Pivots

Weekly Timeframe 15M Timeframe

1. S&R Levels 1. Fib Levels


2. Fib Levels 2. Structure
3. Structure 3. Daily Pivots
4. Setups

Daily Timeframe 5M Timeframe

1. S&R Levels 1. Fib Levels


2. Fib Levels 2. Structure
3. Structure 3. Setups

4HR Timeframe 1M Timeframe

1. S&R Levels 1. Setups


2. Fib Levels 2. Entry Zones
3. Structure 3. S/L
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Entering a Trade, S/L & TP


By now you are probably wondering “well, how do I enter a trade and how do I get the stop losses so
tight?”. Do not worry, we got you covered.

When you recognize a pattern form on a particular timeframe, stay within that timeframe! Just use the 1M
chart to place your entries.
You see, on all the charts above you will find “green boxes”. What do they mean? The green boxes are
entry zones. You draw them from your climax to your secondary test or up thrust. Price will always fall back
into the green box. What you can do is set alerts on “Tradingview.com” whenever price falls into the box.

“but what do I do about the SPRING or UTAD?”

Ideally, you want to wait after the SPRING or UTAD to enter the trade. HOWEVER, you can set alerts on
Tradingview.com” when price falls way below your box you’ve drawn. To trade a fake out. Unfortunately,
we cannot predict the depth or the height of these fake outs. You will have to monitor the shakeouts and
place trades manually which can be pretty complex. What you want to do is wait till after a fake out and
place pending orders in your box and set the stop loss right below your box which is usually below your
climax or secondary test. Fake outs “usually” only happen once. You want your stop loss to be MAX 10 pips
for the big rewards, that’s why we enter trades on the 1M chart. Don’t get frustrated when you get
stopped out. It happens, that’s why we work with small S/L’s and only enter a trade if we see an
opportunity of at least 1:10 RR or more. If you set a pending order and price doesn’t reach it, don’t get
upset either. Fear of Missing Out (FOMO) is the least of our concerns in this case, because we will get a
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second chance (not always, but most of the times!). The second chance will be after a complete break of
structure (BOS) price will “usually” revisit a previous SOW or SOS or even an initial AR within the trading
range. Be ready for that. After a successful BOS set an alert on Tradingview.com” for when price goes
below the highest SOW/SOS of a successful BOS. You can either monitor it or if you feel real confident set a
pending order in that particular zone. Same principles apply, we want less than 10 pip S/L.

“So how do we get 1:60RR?”

When successfully entered a trade that is in profit, we want to take partials. Can’t go broke taking a profit.
There are multiple ways. You can enter. Either 3 trades (within your risk management) where you once in
profit close 1 trade fully and 50% of second trade after first retracement but minimum of 1:10RR. Close the
left over 50% of 2nd trade and 50% of 3rd trade after 2nd retracement or 1:30RR. Now you only have 50%
running of your 3rd trade, hopefully in a 1:60 RR scenario. Keep taking volume off while trailing your stops
below the retracements so you won’t lose and let the winner run until you get stopped out from your
trailing stops. You will be able to reach 1:100RR and more.
Or you can just set 1 trade and close 50% volume after first retracement (min 1:10RR) and then continue
taking volume off after every retracement with trailing stops below retracements, and letting winners run
till they/we get stopped out.
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Last Words

Aggressive traders may wish to initiate short positions after a UT or UTAD. The
risk/reward ratio is often quite favorable. However, the “smart money” repeatedly
stops out traders who initiate such short positions with one UT after another, so it
is often safer to wait until Phase D and a LPSY.

Aggressive traders may wish to initiate long positions after a SPRING or TEST. The
risk/reward ratio is often quite favorable. However, the “smart money” repeatedly
stops out traders who initiate such long positions with one TEST after another, so it
is often safer to wait until Phase D and or a LPS.
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This is the entire secret behind accumulation and distribution precision trading. It’s always hard to judge
the depth of springs and UTAD within an accumulation or distribution, respectively. However, setting alerts
when price moves way below SC or BC can be extremely helpful. Other than that, Type 2’s regardless of
consolidation or reversals can be traded extremely precise with minimal stop losses which can generate
tremendous Risk Reward Ratios day in day out. I URGE YOU to study all the screenshots and back test all
the information provided above on high and low swings and within consolidations to convince yourself. Try
to do at least 5 of each type. Practice it on demo accounts, use the bar replay on Tradingview.com and
replay past scenarios. Set bars where you would’ve entered a trade and set bars where your stop loss
would’ve been and let the replay play out in a faster pace. It will open your eyes and you will not be able to
unsee the trading range unfold right in front of your eyes.
This is a perfect way to have real confirmations of your technical analysis. 7 confirmations within an
Accumulation or Distribution and 9 confirmations within a consolidation. If price goes the other way than
expected; oh well. Don’t get discouraged. Every great trader takes L’s. That’s why we trade with precision
so we can have small stop losses and big gains. Depending on your trading strategy, try to always aim for a
minimum of 1:10RR. If you can’t guarantee a minimum 1:10RR don’t even bother taking the trade. We
want to extremely small and win extremely big. Your analysis can be done on any timeframe depending on
what type of trader you are (Swing Trader, Day trader, Scalper etc.) But once you have identified your
pattern on a particular timeframe, stay there. You will only use the 1M chart to make your precise entry. As
Swing Traders and Day Traders we really like the 15 mins and 5 mins charts for our analysis.

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