XM PHILIPPINES

FOREX WEBINAR SERIES

with Jonathan Lou Reyes
 FOLLOW THE BULL
2009
› Company is founded
› Implements No-Rejection
Policy
2010
› Registration Status from
FSA & All Major EU
Regulatory Authorities
› Launch XM Partners
2011
› Xepedia Forex Tutorials
› Forex Guru Webinar
Series
www.xm.com/about
2012 2015
› First Seminars and › Exceed 500.000 Clients
workshops in Asia
› XEMarkets.com
2016
2013 › Fastest Growing Broker
› Seminars Across the Award – MENA 2016
Globe › Official Sponsor Al-Nassr
› Launches VPS Service FC
2014 2017
› World’s First › Exceed 1 Million Clients
Revolutionary Contest › Official Sponsor of Usain
› New Loyalty Program
Bolt
› Investors in People › #thegreatest
Jonathan Lou “Forex Coach” Reyes
• 8 years in Forex Trading
• Failed countless times
• Never gave up and is now a full
time trader
• Designs and conducts training
programs for Filipino traders all
over the world for the past 6 years
• Currently works with XM to
promote Financial Literacy
Collection of Strategies Topic 6:
Medium term – Pennants and flags
 Medium term – Pennants and flags
In this session, trading pennants and flags are discussed. We will go
through the idea that the market goes into consolidation before it
continues to trend.

By the end of the course, you will be able to:

• Understand the structure of pennants and flags
• Use the volumes indicator to confirm strong breakouts
• Make good entries on H1 and H4
Requirements for flags and pennants
• Existing trend (pole)
• Has to be steep
• Should be less than 30
candlesticks
• Pennants with more than 30
candlesticks are triangles
• Flags with more than 30
candlesticks are channels
Bullish Flag pushes price up
Bearish Pennants pushes price down
What are Moving Averages?
 Trend and Bias

Single MA:
• Look to go short if price is below MA
• Look to go long if price is above MA
Step 1: Use MA 200 as trade bias
Step 2: Look for potential Pennants or Flags
for market continuation
Step 3: Enter after a strong breakout candle
SL and TP
Stop loss
• Placed beyond the recent swing

Take profit
• Risk Reward (1:2)
• Use Fibonacci extensions
Step 4: SL and TP
TP:
1:2 Risk Reward
Fib Extensions

SL: Beyond the

recent swing
Final notes
• Strong breakout candle
• Must be very bullish or very bearish
• Ideally more than 50% of its body is beyond the support or resistance
• Volumes indicator can be used to further identify strong breakouts
• Works for h1 and h4
 Volumes Indicator

• Analyzes volume based on number of ticks up and down

• Higher bar = Higher volume, Lower bar = Lower volume
• Green bar indicates that there is more volume, red bar indicates there’s less volume
than the previous bar
Breakout confirmation

• Breakouts with high volume lessens the

chances of fakeouts
 Next Session:
Medium term – Weekly reversals
In this session, the weekly market structure is discussed. Double tops
and bottoms can be used as great entries for weekly reversals.

By the end of the course, you will be able to:

• Learn the weekly market structure
• Have a full grasp on what double tops and bottoms are
• Trade weekly reversals on H1