Trading Club

5 AM Trading Club
Day 2 Session
WWW.MINDFLUENTIALTRADING.COM
Telegram :- @PortalToMEGABot
Contents
Day 1 1 What is Price Action Trading
N G
I
2 Anatomy of Candlesticks
3 Volume Analysis
4 All about Support & Resistances, Demand & Supply Zones
5 Trends & Trend Lines
A D
6 Chart Phases
7 Putting it all together
T R
Day 2 8 GAPS
A L
9 Effective Chart Patterns
10 Assignment Discussions
T I
N
11 Master Breakouts & Breakdowns
E
12 How to identify Fakeouts & Trade Them
13 Playback Market Simulations
L U
14 Plotting important levels on the chart.
Day 3
F
15 Understanding Trading View Tools & How to use the free trading view version in the
D
best way possible.
I N
16 Central Pivot Range - CPR
17 EMA & SMA secrets
M 18 Entry / Exit Strategies

19 How to effectively place the stop loss & trail it.
Contents
N G
Day 4 20 Risk Management - Risk Reward & Position Sizing.
21 Trading Psychology.
D I
22 In-depth Analysis & solutions on Trading with Emotions.
[ Fear / Greed / Regret / Hope / Frustration / Happiness ]
R A
T
23 Bias Trading - An underrated concept.
24 Why most of the traders have a hard time becoming profitable & How to gain trading Edge in Trading.
L
25 Trade Like a Monk: Trading Affirmations & Trading Meditation
A
Day 5 26 How to Select Stocks for trading.
T I
28 Volume Profile Analysis
E N
27 Sector comparison with stocks & Index comparison.
29 Divergence Concept
L U Bonuses
D F
30 How to use Institutional Zones to take up trades.
31 How to Maintain Effective Trading & Emotional Journal & very interactive way to review it. Explained using a
I Nfree web / mobile application called Notion.

32 Three Month Free Access to our Premium Discord Community / How it works
M 33 You will be getting our stock watchlist with around 200 stocks.
34 You will get 400+ pages of PDFs every day summarizing the concepts discussed in the sessions.
35 Recorded bonus session on F&O covering Basics, Option Chain Analysis, Premium Decay & more.
8 T R A D I N G
A L
G A TPI S
E N
L U
D F
I N
M
What are Gaps?
N G
D I
Gaps are sharp breaks in price that R A
are created when the market closes
T
after a day of trading and then A L
reopens at a different price. T I
E N Gap up
U
Gaps can happen moving up or
L
down
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
The Gap up in Bajaj Auto Ltd is due
N G
to the Earling release on 21 Jan 2021,
D I
which we can easily identify with the
symbol in trading view. R A
T
A L
T I
E N
L U
D F Gap up
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Common Gap Example
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Continuation Gap Example
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M Continuation gaps generally occur due to important events like earnings, news, etc.
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
Exhaustion Gap Example
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Breakaway Gap Example
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Gap borders acts as good support & resistance levels
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Nifty Index Chart for Gap Fills
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
9 R A D I N G
T
Effective Chart A L
Patterns
T I
E N
L U
D F
I N
M
What are charts Patterns?G
I N
A D
T R
A Chart pattern is price formation
within a chart that showcases what
price might doL next based on what
Effective Chart I A
N T
they have done in the past.
Patterns E Chart patterns can form over any
L U time frame - monthly, weekly daily &
D F intraday.
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Let's understand these important patterns
N G
Top & Bottom
Patterns
Head & Shoulder
Pattern D I
Triangle Patterns
Double Top R A
Double Bottom
Head & Shoulder
Inverse Head & Shoulder T Ascending Triangle
Descending Triangle
Triple Top
A L Symmetrical Triangle
Triple Bottom
T I
E N
Flags & Pennants L UWedges Cup & Handle
D F Rising Wedge Cup & Handle

Bull Flag
I
Bull Pennant
N Falling Wedge Inverse Cup & Handle
M
Bear Flag
Bear Pennant Don't get carried away by the names they are simple if you
understand the concept and psychology behind that.
Top and Bottom Patterns
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
Understand that pattern may not always be perfect in real markets
M Telegram :- @PortalToMEGABot
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
bottom
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Head & Shoulder Pattern
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U Always wait for the break of the neck line
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Neck line break is very important
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Triangle Patterns
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Understanding the psychology is more important than remembering patterns.
Descending Triangle going in the opposite direction
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Flags & Pennant Patterns
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Types of Flag & Pennant Patterns
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Keep it simple, no need to memorize the names
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Wedge Patterns
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
Playback Simulation Time
A
T R
Hindalco Industries - 1 HR
A L
- Swing Trade
T I
28NJan 2021
U E
Same F L
Example - Intraday Trade - 5 Min
N D
M I
Cup & Handle Pattern
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M These patterns generally form in longer timeframes like Daily,
weekly or monthly charts and also takes much time to form.
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
10 Assignment Discussion
Try identifying at least 1 chart pattern for each of the following
N G
D I
Bull Flag
R A
Bear Pennant T
Rising Wedge - Downtrend
A L
Falling Wedge - Uptrend
Descending Triangle Going Upside T I
Triple Bottom
E N
Double Top
Head & Shoulders L U
Ascending Triangle
D F
Cup & Handle
I N
M
Spend quality screen time to improve pattern recognizing abilities
11 D I N G
R A
T
Mastering Breakouts
A L
T I
& Breakdowns
N
U E
F L
N D
M I
N G
D I
R A
T
Mastering A L
Breakouts & T I
E N
Breakdowns U
F L
N D
M I
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
Questions to ask before Breakouts or Breakdowns
N G
What does the higher timeframe, such as the daily chart tell me?
Where is the next critical level such as support or resistance? D I
R A
Is the stock extremely volatile?
T
How is the runup or rundown into the critical level?
A L
What is volume telling me?
T I
Was there volume on the breakout
E N
U
High volume showcases strong commitment
L
F
Low volume showcases weak commitment (False breaks)
D
I N
Watch the candle formation to get an idea behind the move
M
Is there any supporting catalyst?
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
12
How to identify
Fakeouts & Trade Them
HOW NOT TO GET TRAPPED IN FALSE BREAKOUTS
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M IF YOU IDENTIFY A FAKE BREAKOUT THEN YOU CAN TAKE IT IS AN
INDICATION THAT THE SUPPORT / RESISTANCE LEVELS ARE STILL
HOLDING GOOD AND SO WE:- CAN
Telegram TAKE TRADES ACCORDINGLY.
@PortalToMEGABot
TIPS TO IDENTIFY IF IT IS A FALSE BREAKOUT OR A REAL ONE
N G
Most importantly, check if price can retest/makes
pullback after breakout & then continue its direction.
D I
Avoid long candle breakouts, which means if the candle
is too long which is breaking any important level then
after a big candle.

R A
better avoid it, generally there will be a retracement
T
A L A big long candle broke the important zone but
immediately a short candle appeared, resulting in a
T I fakeout
E N
L U
D F
I N
M
Here the candle made a retest but is unable to
continue in the breakout direction, so a fakeout
TIPS TO IDENTIFY IF IT IS A FALSE BREAKOUT OR A REAL ONE
N G
Always wait for the candle to close.
I
Check if the price makes a pullback or consolidation before
D
breaking out. If not then more chances of it being a fake-out.
R A
T
A L
T I
E N
L U
D F
I N
This candle broke a key level before closing but after
the candle close, we can see that it's clearly unable to
M
break the key level There is no pullback/consolidation while price
approaching the key level. So the possibility of a
fakeout is high in such cases.
UNDERSTAND THAT THERE ARE BIG PLAYERS WATCHING IMPORTANT LEVELS
N G
Big players act smart. They keep looking at the important levels when most of the retail traders are
willing to enter a particular price level once it breaks.
D I
R A
When they want to sell any huge stocks from their holding, they just wait for the right opportunity. They
T
first create a fake demand by buying shares at an important level (Breakout of strong resistance zone
for eg.) where retail traders are excited to enter.
A L
T I
Once retail traders enter price tends to move up and that is where big players sell off their big holding
& making smart money. Retail traders who bought immediately after a breakout will get trapped.
E N
U
IF SOMETHING IS SO OBVIOUS, THEN DONT TRADE IT BLINDLY
L
D F
If you see a good resistance level/support level/trendline break, then don't immediately trade it without
N
additional confirmation like retest & trend continuation, high volume kicking in, etc.
I
M
Understand that obvious levels are being watched by many people.
YOU ARE NOT ALONE, THE

Telegram CHART IS THE SAME FOR ALL.
:- @PortalToMEGABot
Time for G
I N
A D
T R
L
Q
U E
&
N A T I A
F L
N D
M I
N G
D I
End of Day 2 Session R A
T
A L
T I
Thank you so much forN
U
feedback about the
E attending, share your genuine
sessions over telegram / Instagram.
F L
Your feedback helps many..!
N D
M I
The material doesn’t guarantee or represent that members
acting upon any suggestion mentioned in this material will
DISCLAIMER result in a guaranteed profit. Trading the financial market has
a large potential risk, you must be aware of the risks and be
willing to accept them in order to invest or trade.
No part of this publication may be reproduced or transmitted

in any form or by any means, electronic or mechanical, without
COPYRIGHT written permission from the publisher. Copyright © 2021 by
Mindfluential Trading www.mindfluentialtrading.com.
All rights reserved.
Telegram :- e
M in df lu @PortalToMEGABot
n tia l Trad in g

Trading Club

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Trading Club

Uploaded by

Copyright:

Available Formats

5 AM Trading Club

M 18 Entry / Exit Strategies

I Nfree web / mobile application called Notion.

D F Rising Wedge Cup & Handle

after a big candle.

YOU ARE NOT ALONE, THE

No part of this publication may be reproduced or transmitted

You might also like