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Published by: Hoang Anh Vu

Tel: 0902314366
Telegram: https://t.me/PTFMentorshipChannel

6 STEPS TO BE LONGTERM PROFITABLE IN TRADING CAREER


PTF MENTORSHIP
Step 1: m5 Market Trend (Current Trend)

a. Know how to draw trend in m5 (Impulse/Corrective level)

b. Define where structure broken? What type of break: Grab Liquidity/ Reversal?

Step 2: Entry Pattern: Reversal Level + Retest

a. Know 2 types of Reversal Level Pattern and the essence of Reversal Pattern:
- Break one previous Low/High

- Break 2 Previous Low/High


Published by: Hoang Anh Vu
Tel: 0902314366
Telegram: https://t.me/PTFMentorshipChannel

- Momentum of break: Strong Impulse

b. Defined where price can take a retest to take limit order/ market price

Step 3: Define Intraday Structure Pattern:

a. 3a/4a Pattern: Bullish  Sell Reversal Level

b. 3b/4b Pattern: Bearish  Buy Reversal Level


Published by: Hoang Anh Vu
Tel: 0902314366
Telegram: https://t.me/PTFMentorshipChannel

Step 4: Define h1/H4 Horizontal Level and h1 Trend (Main Trend)

a. H1 trend: Bullish
- Priority: Buy  Wait for Buy Reversal Level (3b pattern)
b. H1 trend: Bearish
- Priority: Sell  Wait for Sell Reversal Level (3b pattern)
c. Previous Day:
- Bullish: Prioritize today Buying
- Bearish: Prioritize today Selling

Step 5: Trading Journal

a. Tool: Telegram/ Private telegram Channel – Trading Journal


b. Trading Journal:
- Capture Entry Picture: Entry + SL + TP (Optional) in m5 timeframe
- Entry Reason:
+ Entry Pattern = Main trend + Intraday Structure + Reversal Level + Retest + TP (>4R)

Ex: Entry Reason = Bullish h1 + 3b + Break 1 Previous high + Strong momentum + Retest at
reversal Level + TP 5R

c. Result: TP or Stop-out
Published by: Hoang Anh Vu
Tel: 0902314366
Telegram: https://t.me/PTFMentorshipChannel

*** Weekly Report for PTF Members:

a. Send File Word


b. Content:
- Summary all Entry Positions within a week: Only Entry Pictures
- Trading Analysis:
+ Total Positions
+ RR Ratio
+ Winning Ratio
+ P/L
+ No. of Entries Follows Reversal Pattern (With P/L)
+ No. of Entries not follows reversal Pattern (With P/L)
+ Main Mistakes for Overall Result
+ Things need improving next week

- Send to the Mentor on Saturday to late morning Sunday

c. Receive: File word with correction and advices

Trading Analysis
Total Positions 15
RR Ratio 4.7
Winning Ratio 33%
P/L + 3.2%
No. Following 9
P/L 7%
No. not Following 6
P/L -3.8%
Main Mistakes a. Take too many not Following
Pattern. Cause much drawdown.
b. Almost not following pattern
turned in Stop-out
c. …..
Things need a. Following Strictly Reversal Pattern
improving next b. Take an entry when Pattern
week formed
c. Follow Risk with SL and TP >4R
d. ….

Step 6: Back test (Personal Development)

a. Back test each Pair within a month only/ for many months
b. Back test with Market Analysis as less as you can
 How to: Follow Step 1 – Step 4
c. Things to learn:
Published by: Hoang Anh Vu
Tel: 0902314366
Telegram: https://t.me/PTFMentorshipChannel

- Improve recognizing “Entry Pattern/ Reversal Pattern”


- Manage Trade with Fixed Risk Management (0.25%/0.5%/1% per trade)
- Manage Stop Loss and Take Profit Position
- Test Trading Strategy  Does it work or not?
- Gain Trust in our Strategy and Entry Pattern

Bear in Mind: Indicators for evaluating good Trading Result

a. Winning Ratio Avg: 25% – 40%


b. RR Ratio Avg: 4.5R – 5.5R
c. Total Orders in a Week: 1 – 4 Orders
d. Total Orders in a month: 5 – 16 Orders

HIGHLIGHTS:
1. Focus on EURUSD / Gold (XAUUSD) only
 Better: Focus only one Pair (EURUSD Recommended)
a. Gold: High Volatility with Grab Liquidity  Skilled Traders for load up more positions
b. EURUSD: Mid Low Volatility  Beginner/ intermediate/ Skilled Traders with Single Entry
only

2. News Releases: With High important News (Red Color/3 Stars) – No entry or position with SL very
near Current Market Price (Closed orders)
a. Investing.com App
Published by: Hoang Anh Vu
Tel: 0902314366
Telegram: https://t.me/PTFMentorshipChannel

b. Forexfactory.com Web
Filter only EUR and USD

*** Strict Rules: No Entry opening in:

a. Non-farm/ADP Non-farm on Wed/Friday night First week of the month


b. Fed News – Interest Rate
c. Europe Interest Rate

- We don’t care News whether Positive or Negative. We focus only on Chart, and stay away
from Chart when important news releases.

3. Personal Recommendation
a. Focus on London & NY Session
- From 11:00 am to 8:30 pm: Spring Season
- From 12:30 pm to 9:30 pm: Winter Season
b. Restrict:
- Morning to Early Afternoon Monday
- Afternoon Evening Friday

3 RULES COMPLIED:
1. Follow strictly 6 Steps in Trading Career
2. Follow strictly step 1  4 in Daily Trading Career
3. Q&A for the Mentor: Knowledge within 6 Steps
4. Q&A only in Weekly Report/ Weekly Q&A Summary
Published by: Hoang Anh Vu
Tel: 0902314366
Telegram: https://t.me/PTFMentorshipChannel

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