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RANGE University

DAYS TO LEARN A

21 SIMPLE AND LOGICAL


TRADING STRATEGY
from zero to full-time funded trader
using the Range.FX Trading System

@momo5x @range.fx @ilias.amil


RANGE
University

THIS PDF IS
FOR YOU IF:

1
YOU'RE NEW
2
YOU HAVE EXPERIENCE BUT
TO TRADING YOU'RE NOT PROFITABLE

and wanna start making and you're looking for


money from your phone a proper system to follow

3
YOU'RE LOOKING TO
4
YOU WANNA FIND A
LEARN A STRATEGY COMMUNITY OF TRADERS

that is simple to understand that have the same goal as


and has been proven to work you so you can grow together
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WHO ARE WE?

Hey! We're Mohamed and Ilias,


We are funded Forex traders with 6+ years of
experience in the markets.

We are full time traders funded by FTMO and have been


for the past 2 and half years.

We opened Range.FX in March 2021 and at the


beginning we were just sharing the Analysis that made
us profitable but after a while people were asking us to
teach them as well so we did.

As of today, we have a huge Trading University where


we teach REAL TRADING.

Many of our students were able to leave their job to


become full-time traders and if you're willing to work
hard YOU can do the same.

BUT LET'S STARTS FROM THE BASICS FIRST


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INTRODUCTION
So you've decided to enter the Trading world.
Have you asked yourself "WHY" you're doing this?
Is it because you're trying to make some quick money? Are
you doing it because your friend bought a "trading course" so
now you're interested?
If you are reading this PDF and you haven't lost hundreds (or
thousands) of dollars in bullshit courses, signal rooms,
account managers... you're lucky.
And if you have... we're sorry for you... but don't worry
because you're in the right spot now.

Being a Trader is a REAL JOB.


Are you trying to become a trader to change your life
around? Good! But try not to skip steps.

Here's what you'll find inside of this PDF

1. First off, you'll learn what is Trading, if it's a job that can
fit you, it's pros and cons and what you can expect
2. We'll then understand how do you actually make money
with Trading
3. Once we went through that we'll see how the charts
work, price and Market Structure.
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INTRODUCTION
4. We'll then do an accelerated course full of valuable
informations and most importantly realistic (because you've
already seen enough bs online)
5. And to finish off we'll show you how you can build a full
strategy and scale your business.

Our approach with Trading will be brutally honest and direct.


Unlike most courses which just put a bunch of informations
in front of you and leave you by yourself trying to figure
everything out.

That's what most courses do. They put a whole bunch of


crap in front of you, old out-dated concepts and they tell you
that the market moves following a "cup pattern"..

We'll show you exactly what you'll have to do, both on and
off the charts, in order to make you a profitable funded
trader.

But there's one thing that we can't do and that's practice for
you. You'll have to be the one that listens to our guidance,
goes in the charts and TRY, Practice and put in the work.

We'll take care of the rest :)


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INDEX

MINDSET AND EXPECTATIONS


What is Real Trading? 9
Different types of Trading 10
How much money and time do you need 12
Why is Risk Management so important 16
How to make it happen - the process 18
Trading's ABC 23
Trading Platforms (MT4) 25
Lot Size 30

HOW DOES TRADING FOREX WORK


Buying and Selling using a Broker 31
How does buying and selling work 34
Different types of trades 36
Stop Loss and Take Profit 38
Risk : Reward Ratio 39
Win Rate 42
Risk profile 43

PRICE CHARTS
Japanese candles 45
Timeframes 46
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INDEX

SUPPLY AND DEMAND


What moves the market 48

MARKET STRUCTURE
Higher high/low, Lower high/low 52
Structural break-out 53
Change of character 55
Different types of breaks 56

LIQUIDITY
What is liquidity 59
How to use liquidity 61
Major liquidity 63

HOW TO BUILD A PROPER TRADING PLAN


Entry Checklist 64
Risk Management Plan 65
Personal Rules 67
Extra-work 68
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INDEX

BACKTESTING
How to backtest 69

HOW TO SCALE YOUR TRADING ACCOUT


Trading Plan 71
Watchlist 72
Trading Psychology 73
Test with real account 75
Prop Firm Accounts 76

CONCLUSIONS
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1.MINDSET AND EXPECTATIONS
1.1 What is REAL Trading?
Trading is often mentioned as one of the many different
ways of earning money online.. but what is it really all about?
It’s simple: if you’re Trading, you’re dealing with finances.

Disclaimer: even though you’re going to gain a lot of


knowledge from this eBook, by itself, it’s not going to be
enough to make you profitable.

Exactly how a single Trading video wouldn’t be enough, even


if it was 2 hours long.

In order to become profitable you’re gonna need to study a


strategy that’s been proven to work, do tons of practice on
everything that you’ve been taught, then backtest (apply
the strategy you’ve learnt In past charts to see how it holds
up), slowly try on your demo account before you’ll finally be
ready to move to a real account.

STUDYING PRACTICING BACKTESTING MAKING MONEY


FROM YOUR PHONE :)

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Trading is a gradual journey, not something that you can just
put 200$ in and it magically turns into 200’000$

If you thought it was, if you though you could just copy some
signals and start to make money..forget that completely
and start from zero.

Trading simply means “exchanging“ financial instruments.

When should you make this trades? When it’s convenient

How do you make this trades? We’ll get there. Keep reading!

1.2 Different types of Trading


You can trade a large variety of financial instruments for
example Bitcoin (Crypto), currencies (Forex), stocks etc etc
and there’s a thousands different ways to do so.
Based on how long you’ll keep a trade open you can be a:

DAY TRADER
You’re opening trades with a short term
view and most of the times you’ll open
and close them within the same day or
>24h within the same hour in some cases.
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SWING TRADER
You’re opening trades with a medium to
long term view and most of the times
you’ll keep your positions open for a
1d +
couple of days/weeks.

LONG TERM INVESTOR


You trade with a long term view by
putting money into Stocks or Bonds that
you keep inside of a portfolio and you
wait 20/30 years before getting rid of
1yr +
everything and cashing in the profit.
You’re not looking for crazy fast profits
as you rather have steady returns like
9/10% a year.

Now that you know the different types of a trading, let’s go


back to Day-Trading because that’s the one that we’ll be
teaching you with this PDF.

Day-Trading will take you time to master. It’s not something


that you can just do occasionally or whenever you feel like.
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Trading is something that requires discipline and dedication.
Unfortunately many people on social media will show you
trading as this simple tool that let’s you make easy money a
few moments after you’ve started. FORGET THAT.

It’s not possible to become rich quickly with Trading.


Forget the idea of making huge profits a few
hours/days/months after you’ve started. The earlier you
understand this, the earlier you’ll get to those huge profits
from your phone that you dream of.

1.3 How much money can you make and in how much
time with Trading?
Trading is a real profession where you can both:

Make a lot of money


Have no limit to how much

money you can make

Time

But even with all the knowledge in the world, most


people are still not going to become profitable traders.
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Why?
Because the people that manage to become profitable
traders are those that NEVER give up. They study, practice,
backtest and try to improve every single day for many
months/years. As we mentioned in the beginning we have
been in the trading field for the past 6+ years and the first
couple of years we were not profitable… but we still got up
and spent time on the charts. Did we ever want to give up?
Absolutely. Did we ever give up? Never.

As a day-trader you won’t have to sit on the charts all day as


2/3 hours should be enough, but what truly matters is having
the right mentality. Don’t trade with the goal of making easy
and fast money. Aim instead for progress and consistency.

Trading is a marathon, is not a sprint.

So which factors impact the amount of money that you can


make with Trading? There's 3 of them

1. How good your system is. You must have a system


that holds up well against the past and the present
charts (which is what we teach inside the Masterclass)

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2.The conditions of the Market. The market won’t always
be picture perfect like you want it to be. Your performance
strongly depends on the market conditions and news events
of the future which you have no control over.

3. Your mental performances. The ability to be focused and


disciplined while respecting the Trading plan, regardless of
what’s going on in the markets. What you’ll learn with time is
that respecting the trading plan is the real hard part about
trading. Not the technical analysis.

For this reasons, the profits may vary.

So unless you’re an advanced, trader, forget the idea of


making a monthly salary out of trading right away.

Just like any other business, company or method, there is


the possibility of closing a month in breakeven or loss.
+18%
+15%

+7% +9%

+4%
0%

-5%
-9%

Jan Feb Mar Apr May Jun Jul Aug


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So if you’re not financially and mentally ready to deal with
drawdowns and losing get ready for it or give up right now
because trading is not for you.

Now you understand that if someone in the past told you to


"leave your job today because you can get rich with
trading quick", in reality, they didn’t really care about you,
but they just wanted to make money off of you.

But don’t worry because we’ve all been through that.

The worst decision someone could make right now, would be


to leave their job to pursue trading without any trading
experience or saved capital.

If you don’t have any money saved, you don’t know much
about trading, and you have one job, this is the perfect
moment to start studying, creating your strategy,
backtesting and starting to plan your finances and your
Trading.

But you need to be smart with your money. Don’t waste it all
into a crypto, a bot, or a broker, hoping it will go well. That’s
the recipe for a mental and financial collapse.
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1.4 Why Risk Management is so important
That’s right! Before talking about trend directions, supply
and demand and looking at any charts, you must understand
the concept of risk management.

RISK MANAGEMENT

Why is risk management so important? Because with trading


you are putting your own money at risk

I’m gonna repeat in case it’s not to clear: your own money.
The money you worked so hard to save. You have to invest it
the right way and not just throw it at the market.

The ratio between risk and potential gain is how traders


make a profit every single day.

Every single trade that you will open, you are going to risk a
portion of your capital because you wanna gain a bigger
amount with a medium to high probability of success.
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But you don’t decide how much you’re going to profit. The
market does. And if it’s aligned with your analysis, that‘s how
you‘re going to profit

Things you Things you


CAN’T control CAN control

The Market Your OWN Risk


The only thing that you can and you must control is your risk!
How much you should risk per trade.

The first thing you should do is reserve your capital. As long


as you’re not losing any money you’re doing better than 90%
of traders.

Your Risk Management plan is something you should be


respecting religiously!
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1.5 How to make it happen - the process
“perfect I just studied a little bit of Trading so it’s time to get
on the charts and press buy or so and see money grow.
Maybe I’m also going to join a 99% win rate signal room and
copy their signals and get rich!”

If you have this approach to trading, you’re 100% destined


to fail. No signal room is ever going to get rich. If you’re not
profitable yet you should be studying, studying and
studying even more.

Once you’ve understood your system, you’re going to create


a trading plan and follow it religiously all while you’re
backtesting trying to get better at the strategy In order to
become profitable. But it all starts from studying.

Now you might be wondering…

“WHERE CAN I STUDY AND LEARN A


PROPER TRADING SYSTEM?”
Our number one tip would be to avoid studying from a pre-
recorder course that will “make you rich quick with trading“.
We’ve went throught a lot of courses so we can tell you
confidently that‘s not the best form of teaching.
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And that’s exactly why we came up with the Trade-UP
Masterclass. Inside of our university, we teach our
students exactly how they can go from zero to becoming full
time funded traders.

The number one benefit of being a trader is the freedom that


comes with it. Being able to work from wherever you want,
on your own terms and without someone telling you what to
and that's exactly why we never gave away trading signals.

We want the people that join our university to become


independent traders that don't have to rely on anyone else.

Instead of a pre-recorded course, all the university lessons


are done LIVE on Zoom, just like some real school lessons.

With this direct approach it’s going to be easier for you to


study and practice the system with the ability to ask
questions and get them answered right away.

That same support and help will translate to the private


discord community which you’ll join after the Lessons in
order to continue getting better all while you’re surrounded
with like-minded people.
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Here’s what some of the students said about our university:

We’re going to talk more about the Range University later,


but if you wanna see more about our educational program,
click here.
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To become a successful day trader you’re going to need to
master technical analysis. There’s two different types of
technical analysis.

The first one is just regular price section that you probably
already seem with supports, resistances, “cup patterns”
trend lines, etc. etc. We’ve tested this strategy for a long
time and we came to the conclusion that it’s not worth it.

The second one is a more logic-based strategy that uses


supply and demand. This is the system that we’ll be talking
about inside of this e-book, and the one that we fully explain,
and teach inside of our university.

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The main difference between this type of analysis and
regular price action is that you are not just painting the
charts, but instead you understand why price moves so you
can take advantage of it. If you’re just blindly drawing in the
charts not knowing for what reasons the market does what
it does , you’re going to struggle both mentally and
financially. With supply and demand trading you’ll understand
why for both the wins and the losses that you might take
and this is what gives you the edge.

The edge is a term which you have probably already heard of


and it’s simply just the statistical advantage that a system
has. You need the edge in order to become profitable

Win
38%
Rate
Let’s now take a look in depth of what the edge is and how
you can build it.
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1.6 The ABC of Trading

Let’s now start from the basics of trading: buying and selling

BUY SELL

Buy and Sell. Buy means buying and Sell means selling.
What are we buying and selling? Financial Instruments.
There’s 1000+ instruments out there and you must choose
in which ones you want to specialize.

Financial Instruments

Forex CFD Stocks

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There’s the Forex market, which is the foreign exchange


market for all the currencies.The commodities which are the
raw materials.The stock market for all the company stocks
and many more.

These are our asset class which means types of markets,


but how does this exchange actually work?

“Do I have to buy gold and petrol physically and go with my


money to the post office to exchange it?" Obviously not.
That you wouldn’t be practical considering all the exchanges
that happen every day. Instead, everything is written on a
paper called “contract”.

This contracts basically mimic the exchange of forex, CFD,


stock or whatever market you’re into.

In this PDF we’re going to concentrate mostly on the Forex


side of things because that’s what we focus on inside of our
university.

So where can you open this trades?

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1.7 Trading Platforms (MT4)

To make this buy or sell trades you’re going to need a


platform to do that. The most famous ones are MT4, MT5
and cTrader.

The best one is MT4 and it’s the one we advise to download.
You can find it for free on both the App Store and Play store.

Once you’ll enter you’ll have the option to log into your
broker account or create a demo account with MT4. You can
choose whatever size you want as it’s just demo so not real
money.

You’ll use this to practice the system that you’re taught


without having to use real money right away but don’t worry,
we’ll talk more about this later on the ebook.

Remember that you won’t just be placing random trades on


MT4. An accurate analysis will have to be done before every
single entry with proper risk management , partialitazion etc

Here’s what the interface of MT4 looks like.

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Here you’ll be
able delete pairs
from the list

This is the pair name

Here you can add


more pair to the list.

This is the spread


of that pair.

This is the side where


you can add your most
traded pairs and monitor
their prices

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if you press here you’ll


be able to choose
which timeframe you
If you press here
want to view
you’ll open the
window from which
you’ll insert your
trade inputs. Look at
the next page for the
explanation.
If you have a trade open
you’ll see it on the
chart on the entry level.

Here you can see the


chart for one of the pairs
that you have in the
quotes. 27
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Here you’ll be able to


insert the lot size of
your trade (we
By pressing here you explain what the lot
can choose which type size is in a couple of
of trade you want to pages)
make. Live order, limit
order or stop order.
Stop loss level
Don’t worry. We explain
what this orders are Take profit level
inside of the ebook :)

Press here to open


your sell order.

Press here to open


your buy order.

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University positions. In this case we’re in
profit of almost 4900$

This is your
account balance

This number will


show how the trade
If you have any trade is going. In this case
open they’ll appear we’re in profit on
here. in this case I both trades. If it’s
have a buy trade on red it means you’re
AUD/USD and a sell losing.
trade on EUR/USD
open

This is the trade section. Here


you’ll be able to look at your
account size and the manage
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1.8 Lot sizes
A lot is the unit used in Forex to measure the quantity of
currency you want to sell or buy.

One lot corresponds to 100,000 units of the base currency.


If you are trading with the euro as the base currency, 1 lot
will be equal to exactly 100,000€

However, it is not mandatory to always buy multiples of one


lot. Fortunately, it is possible to purchase smaller units as
well, known as "mini lots" and "micro lots".
Let's see the exact values of these measurement units.

TYPE QUANTITY

LOT 100'000 UNITS

MINI LOT 10'000 UNITS

MICRO LOT 1'000 UNITS

How do I understand how much 1 pip corresponds in euros?


It's simple. Keep in mind that one pip corresponds to the
fourth decimal number. So, multiply the purchased value (in
this case, 100,000€) by 0.0001. In the case of one lot, you
will get 100,000 € * 0.0001 = 10 €.

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2. How does Trading Forex work


2.1 Buying and selling Forex using a Broker
To buy/sell on the market we use a “Broker“ - no, it’s not that
mysterious person dressed well telling you where to invest.
The broker is essentially the middle man that gives us
access to the market.

So there’s us, the broker and the rest of the market.


We send the order to the broker, which then sends it to the
market. The broker, being the middleman, takes some
commissions. These commissions are part of every single
exchange.

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The spread is the difference between the current market


price of something and the price that the broker offers for
that something. These two extremes of the spread are
called “bid and ask”

The commissions on the other hand, have a price that varies


based on how much you’re buying or selling; for example if
we have a commissions price of €10 per contract, it means
that for every single contract exchange we’re going to pay
€10 to the broker.

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In exchange , the broker will guarantee us a leverage.

What is the leverage? - you might be thinking.

With the leverage the broker is basically giving you some


margin which works almost like a “loan”. They’re not loaning
you anything physically of course but instead it’s giving you
it’s security margin to let you buy or sell more than the
amount that you actually have.

For example, if we put 500€ on a broker account that has a


leverage 1 to 30 we will have a buying power of 15'000€
which is 30 times bigger than our initial capital.

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Sounds good right? But do you also see how risky this can
be? From the moment you use all this purchasing power to
buy or sell it means that you are buying or selling more than
what you can afford which means that you are risking more
at the same time

So yes, leverage can make you have very big profits but It
can also make you lose a lot of money quickly. It can make
you burn your account very very fast.

In conclusion, the leverage is good only when paired with the


proper risk management plan.

2. How does buying and selling work


If we expect price to go up we buy, and when price does
move up, we sell so we can make our profit.

On the other hand if I expect price to go down, we sell


it(shorting) which means that I’m selling something that I
don’t actually possess in order to buy it when it goes down
so I can make my profits. This is what we call a short which
means selling without being covered and it lets you sell
something that you don’t actually possess.

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So, regardless if price is going up or down we are going to try


to get a piece of that movement in order to gain a profit.
To buy or sell there’s two different ways: the first one is the
live market execution by pressing the button buy or sell, and
placing an order on that exact point.
The second one would be through order limits.

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2.3 The different types of trades (Stop and Limit orders)


The pending orders are the orders where you set your trade
from a point different than the one where price currently is
and you tell the broker that you wanna buy or sell only if price
reaches that set point. There’s two different types: limit and
stop.
Buy Limit orders:
You set a buy order on a level lower than where the
price currently is and this order will only get triggered if
price goes down to the level that you set. This is ideal
for the strategies that follow the trend just like the
one that we teach inside of our university. Example: if
price is going up and we are hoping it goes down so we
can buy it at a cheaper level. This is also called the
discount zone

Sell Limit orders:


This, is the exact opposite of the buy limit, which
means that if price is going down and we want to sell
from a level that is higher than the current market one,
we’re going to set an order that only gets triggered if
price goes up to that level.

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The stop orders work the other way around

Buy Stop
Price is moving up and you want to place a buy order on a
level higher than where the market currently is.

Sell Stop
Price is moving down and you want to place a sell order on a
level love than where the market currently is.

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So weather you make a buy order/entry/trade/position (yes,
they all mean the same thing) or a sell order your goal is
always the same: if we buy and price goes up we make a
profit and if we sell and price goes down we make a profit.

But what if price doesn’t go how we hope it goes?

What if we buy and instead of going up price starts to go


down? At that point if we close our trade we would find
ourselves having a loss.

What happens if price just continues to go down and we


don’t close it? In that Case, we’re just gonna lose all our
capital. And no one wants to lose all it’s capital. And that’s
exactly why when you’re buying/selling you also place
something called the “stop loss”.

2.4 Stop Loss and Take Profit


The stop loss is a level that if gets reached by our trade, it'll
close the position because price is not going the direction
that we originally wanted. To do that, when you open your
position you’re going to set a stop loss level. This level is
going to be lower than the entry level in case you are buying
and it’s going to be higher than the entry point in case you
are selling
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The take profit works exactly like the stop loss but to the
other side: it’s essentially a level that if it gets reached by
price it'll automatically the trade at a profit.

2.5 The risk/reward ratio


We have talked about the entry orders such as the buy/sell
limits or buy/sell stops and the exiting orders which are to
take profits and stop loss.

When talking about the risk reward ratio our stop loss is our
risk and our take profits is our potential reward.

Every time you’re going to open a position you’re always


going to set an entry point, a stop loss point and a take
profit point. If from the entry point price reaches the take
profit, we‘re going to make money and if price reaches the
stop loss, we’re going to lose money.
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The ratio between the take profits size and the stop loss
size is the risk/reward ratio.

For example, if I’m risking 1€ to gain 1€, my risk reward ratio


will be 1:1. If I have a bigger take profit, so by risking 1€ I’m
aiming to gain 2€, my risk reward ratio will be 1:2

The risk reward:ratio is the first fundamental aspect of our


edge (statistical advantage)
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2.6 The Win Rate
The second fundamental point of our statistical advantage i
(edge) is what we call the win rate - which is a percentage.

To make it simple, if you make 10 trades and five of those


hit take profit, you have a 50% win rate.

If out of those 10 trades, you only win 4, you have a 40% win
rate. If you win 7 of those trades, you have a 70% win rate

The win rate, and the risk:reward are the elements which
will let you know if your strategy is profitable or not.

Let’s take a look at a couple of examples:

If we have a 50% win rates and every trade is a risk reward


1:1 it means that our final result will be 0 because for every
single take profit that we have, we’re going to take a stop
loss of the same amount; so a strategy like this one is not
going to make you profitable.

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if we have the same win rate, so 50%, but our risk reward is
now 1:2 it means that for every single stop loss of 1€ , we
have a take profit of 2€

So with 4 trades I’m going to lose 2€ but I’m going to gain 4€


so at the end I gained 2€ in total.

In conclusion, you have to build a strategy that has a win


rates and a risk reward ratio that lets you make some profits.

2.6 Risk Profile


Another important aspect of our edge is the risk profile that
we’ll use. You can’t risk your whole capital every single trade
so you must find a way to manage the risk and the
percentage of our capital that we want to risk for every
single position.

It can be a very low risk such as 0.25%, it can be 1%, it can


be 5% every trade which is very very high etc.

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Or... you can risk even more like 10% every single trade..
Now that would be pure craziness of course.

How much you should risk per position is going to depend on


the strategy that you use. With the system that we teach
inside of our university we have a set risk percentage based
on the probability of the trade. During the live lessons we’ll
teach you exactly how much you should risk based on the
scenario that you currently find yourself in.

The risk management plan will give us a statistical advantage


over the market which is crucial considering we’re not the
only ones trying to make a profit trading!

There’s tons of banks, institutions investment funds,


professional traders from all around word that are trying to
make a profit in the markets.

For the market you don’t mean anything.

No matter how much you might think that the competition is


just you versus yourself because you are alone in front of the
charts, you have to understand that the reality is that the
market is very very competitive. To become profitable you
must have a system that works and learn it you must have
the right basics down.
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3. Price Charts
3.1 The Japanese candles
This is a chart of EUR/USD, which represents the value of
the Euro over the US dollar. The price charts are written with
“candles”

To view price charts and analyze you can use Trading View
which is a free trading platform. The interface is easy to
understand and you can view every market that you might
want to: forex, stocks, crypto etc etc

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Every single candle has:

the Body which you get by putting together the open


price and the closing price
the wick is a thin line that links, the high and the low to
the body of the candle. It signals the highest and lowest
price that price reached during that candle.

3.2 Timeframes
As we said. we look at these charts on the number one
platform to do “charting” which is TradingView. Charting
simply means looking at price graphs. TV is a free platform
but there’s also some functions which are paid

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On TV we can choose the time frame that we wanna view.
Whether it’s the 4 hour, the 1 hour, 30 minutes, 15 minutes
etc. etc.

By doing this, every single candle will


have the length of the timeframe that
we just chose. What does this mean? It
means that if you are on the daily
timeframe, each candle will equal to
one day.

But if we go from the “daily” time frame


to the 4H (4 hour time frame) we’ll
have a more zoomed in look of price.

Why does this happen?

Because each daily candle is formed


of 6 4h candles

And the same way, each 4 hour candle


is made of 16 15 minute candles and
each 15 minute candle is made of 15 1
minute candle, etc. etc.

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The charts and price movements are always the same, but
we can decide to go in details if want to.

If we wanna make trades that last different weeks, we are


probably going to use the daily timeframe

If we are making trades on an intraday basis, such as the one


that we teach inside of the University, we’re mostly going to
use the 4H time frame and the 15 minute time frame

4. Supply & Demand


4.1 What moves the markets
The supply and demand of a certain assets could change
based on fundamental events and macro economics events
that can have a positive or negative impact on that asset.

This events can be of various different types.

From a interest rate change to the firing of an important


person in power. To explain this let's look at a chart example.

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This is the price chart of the Amazon stock on the 4H


timeframe.

Sometimes a good news comes out about Amazon, maybe


something that has to do with a new project that investors
could potentially be interested in, so they buy Amazon
stocks and the price increases. Why does it increase?
Because the demand increased.

We also have periods of time where nothing interesting


happens so the prices don’t have any significant variations
so it stays inside of a range. That particular moment is
referred to as “ranging phase”.
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Here's what a ranging phase looks like.

Or, the central bank could potentially decide to increase


interest rates, so a recession phase can be announced, and
the investors could potentially get scared and start selling
Amazon stocks, making its price decrease.

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Going back to the previous EUR/USD charts, the reason why
price has a certain direction long-term are based on real life,
events and factors, such as interest rates, banks and
financial institutions, etc. etc.

As you can see, price is moving to the upside even though


we have some correction moves to the downside which
don’t last long.

Even on a short to medium term view, we have some


fundamental events which can impact prices, such as
recession periods, stocks that are losing money, euphoria of
the investors, the “sentiment”of the banks and financial
institutions, etc. etc.

Now that we understand this let’s move on to market


structure.
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5. Market Structure
5.1 Higher high, higher low, lower high, lower low
The market doesn’t always move in the same direction. It
can either go up or down based on the current market cycle,
but it will never go in the same direction forever.

Price is always fluctuating. It’s either going up or down,


creating highs and lows.

In a bearish market, which means price is going down, we’re


gonna have highs and lows that are going down. In the
example below. You can see how the highs are always lower
and the lows are always lower.

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In a bullish market, which means price is going up we’re going
to have highs and lows that are always going to be higher.

5.2 Structural Break-OUT


When price breaks through a high or a low, we have a
“breakout”. If price breaks the previous high and continues
to break the highs and continues to create lows, which are
always higher than the previous low then, in that case, we
are in a bullish structure .

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If price breaks the previous low and continues to break the
low and continues to create highs, which are always lower
than the previous highs then, in that case, we are in a
bearish structure .

We use highs and lows as our major structural reference.

Usually the strategies that work the best are trend following
ones which means that they follow the trend instead of
going against it.

Statistically they are also the more profitable ones even


though profitability depends on the complete system and
the way you apply it.
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A structural breakout is different from a change of


character.

5.3 Change Of Character


A change of character is the first signal of a possible trend
trench. It’s different from the normal breakouts, which is a
simple continuation of the trend.

If after a change of character price has another bearish


breakout it’s very likely that price will now have the start of
a bearish trend. Change of character is also called “CHoCH".

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5.4 Different types of breaks


In all the examples so far, we used lines to mimic price
moves, but of course the charts are made of candles.

TradingView gives us the ability to look at a line graph, but


the candle graph shows you a lot more details.

Let’s take a look, for example, at this chart over here.

If you look at the charts like


this, it seems like a break
actually happened

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But if you took a look at the line chart you can see that
this break is not actually visible. That's because it was
just a spike or also called ”wick” (shadow of the candle)
which means that the candle failed to break the previous
low.

Pice failed to break through the previous high and only


"wicked" above it.

For this reasons, when marking breakouts and changes of


character you have to make sure that they happen with a
candle body closure and not just a wick.

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So if you are in a bullish trend, and we're waiting to see


the start of a bearish phase, we have to look until price
breaks through the low with the body of the candle.

In the examples below, you can see the difference


between the proper break of the low and the rejections
when trying to break that level.

So what are the main differences between these two


types of breaks?

To find the highest probability trades you need to put as


many confirmations as you can together.

One of the confirmations can be trading break with the


body of the candle only while avoiding wick breaks.
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6. Liquidity
6.1 What is liquidity
The market requires liquidity to make any single move. Look
at liquidity like the energy that the human needs to go from
point A to point B; the same thing happens in the market
and without liquidity price can’t move.

Liquidity is everywhere in the markets in the form of orders


both buy and sell.

Where are these orders located?

There are resting orders above and below all of these highs
and lows.
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The market algorithms are programmed to come get them.
We just don’t know when. We can only assume that price will
eventually get there sooner or later.

Here’s a couple more examples.

This is called "Trendline Liquidity"

On the left above the highs there is resting liquidity that the
market will eventually come get.

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6.2 How to use liquidity to your advantage
There’s two major ways you can use liquidity to your
advantage to better your trading plan. The first one is using
liquidity as a target.

In the example above, you can see that in this entry we set
the take profit on some resting liquidity. This liquidity hadn’t
got touched every since it got created, and since the
market is programmed to come get the resting liquidity, we
used it as a target.
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The second way you can use liquidity to our advantage is
using it as a fuel for the move that you wanna see.

After every single liquidity sweep, which is when liquidity


gets taken, you usually see a reaction to the exact opposite
side, so waiting for liquidity to be swept to the other
direction before making your actual trade is a great
confluence to have.

In the example above, you can see that we first waited for
liquidity to be swept before making our buy trade to the
opposite side.
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6.3 Major Liquidity
Liquidity comes in all different shapes and forms, and one of
those is called major liquidity.

Major liquidity essentially is the highest point and the lowest


point that prices reaches during a day. These points now
become liquidity and you can use them the following day to
your advantage.

Just like we talked about earlier you’re going to use this


major liquidity either as a fuel for your move or a target for
your trade.

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7.How to build a proper Trading Plan


7.1 Entry Checklist

Timeframes to use: Confluences

Daily Market Structure


4H Premium&Discount
15m CHoCH
1m Session H/L

The number one question that we get asked every single day
is… “how do you build a proper trading plan “

In order to reach any goal, you need a plan and the trading
plan is what will help you reach your trading goals.

The plan is made of different factors and you need to put


‘em all together in order to become profitable.

The first one is the entry checklist

The entry checklist is all the confluences that you need to


look for on all the time frames that you’re going to use for
your trading.
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Inside of Range University, we teach a system that uses


three major time frames and the entry checklist will show
you exactly what you need to look for, on every single one of
those time frames.

This takes out all the doubts that you could have in your
brain because it will show you exactly what you need to do
on all the time frames that you analyze in.You can’t really go
wrong.

The elements of the checklist are called confirmations (or


confluences) and these are the factors that determine the
probability of your trade.

The more confluences a trade has, the higher are is it’s


chances of reaching take profit.

7.2 Risk Management Plan

PRO TREND ENTRY COUNTER TREND ENTRY


RISK: 1% RISK: 0.5%
PARTIALS: 5RR, STRUCTURE PARTIALS: 5RR
END TAKE PROFIT: 4H H/L END TAKE PROFIT: 15m H/L

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The toughest part about trading is managing your risk


properly.

With a risk management plan you’re gonna know exactly how


much you should risk per position based on the scenario
that you’re currently in.

You’re also going to know where to partialize your position


where to breakeven your position, and went to close it fully.

The risk management plan is what differentiates proper


traders from those who lose. You need a risk plan and to
follow it no matter what if you wanna become profitable.

The risk management plan is one of those things that are


directly correlated to your psychology and the way you don’t
let your emotions take control of it is part of what will make
you profitable.

We’re gonna talk more about this in the psychology section.

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7.3 Personal Rules
As we just mentioned in the risk management plan, trading
can be a very emotional job and that’s exactly why you must
have some personal rules.

PERSONAL RULES
no more than 4 trades a day
don’t trade the news events
follow the RM plan religiously

after 3 losses, stop trading


be objective about the PA

To become successful you’re going to need a lot of


emotional control and having personal rules that tell you
exactly what to do and what not to do is a fundamental part
of it.

When you’re building your own trading plan, you need to


implement them and follow them religiously

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7.4 Extra work


Extra work is everything you do in order to get better
outside of live trading.

This can be practicing the concepts that you were taught


during the lessons and re-watching the recordings so you
can fully understand the system.

This can be going back in the charts and backtest, which


means testing how your strategy holds against the past
charts (we’re going to talk about backtesting in the next
chapter)

This can be finding the time during the day to get some
chart time and keeping up with the markets.

The moral of the story is there’s always some extra work you
can do in order to improve and that’s the type of mindset
that you need in order to become successful.

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8.Backtesting
8.1 How to backtest
”What does backtesting mean? Why do we need to
backtest? How do you backtest?”

"backtesting is the process of testing a strategy by


applying it on past charts"

To backtest, all you gotta do is go on old charts and test


your system by following the entry checklist.

This is needed to test some major factors about your


strategy such as the risk reward, the win rate, the streaks of
stop losses, and take profits to see if it’s actually worth it.

There’s different ways you can go to old charts online and


backtest, but the most famous one is through the replay
function of Trading View .

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For example, you can go back to an old chart of 2017 and


start your analysis by following the entry checklist (look at
the 4 hour first then to 15 minutes marking all your zones,
premium and discounts and everything else that is part of
your system) and seeing how it would turn out.

Would you make some profitable trades? Would you make


some non-profitable trades? That can only be discovered if
you actually go there and test it.

There’s also a very useful tool called FX replay, which lets


you backtest in the best possible way and also let’s you
keep all the data about your backtesting; we made a video
about it so click here to go directly to that video and take a
look at it.

The thing that matters the most about backtesting is that


you have to be honest with yourself and treat all charts how
you would treat current charts. Do this so you can see what
you can improve or how the system is holding up.

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9.How to scale your trading account


9.1 Trading Plan
A wish without a plan it’s just a dream.

If you’re serious about trading, and about making trading one


of your sources of revenue, you must have a trading plan
that you respect.

We already discussed at length how to build a trading plan,


but the only person that can follow it all the time is yourself.

The problem with the majority of traders is that most of


them don’t have a trading plan and those that do, fail to
follow it.

No one else can do it for you, so if you don’t achieve the


results that you want to achieve, there’s probably
something that you need to change.

Trading can get really emotional at times, but the trading


plan will be your best friend on the way to profitability.

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9.2 Watchlist
The watchlist is the list of all the assets that we’re going to
be keeping an eye on so we can trade them.

If you’re just starting out, it's important to have one asset


max on your watchlist. One is more than enough for you to
become profitable.

You don’t need to get all the trades in the word. You just
need to find the high quality ones.

In trading it’s always quality > quantity

Once you are comfortable and profitable with one, you can
then possibly add another one to your watchlist .

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9.2 Trading Psychology (mistakes to avoid)
The first advice is to not spend too much time on the demo
account. The demo account is for you to test and learn your
system but once you understand it, you have to move to a
real account.

There’s many differences between a demo account and a


real account; on the first one we use virtual money that the
broker gives us, so no matter how much we lose we’re
always going to be calm; If it’s a real count with our real
money there’s going to be some emotional conditioning
going on.

With real money involved, psychology starts to become a lot


more important and almost an enemy… but why?

Because we tend to get excited about making money from


our phone since It’s something new and cool, so a lot of
times we tend to make trades even though it’s not the best
time.

We could enter too soon or we could enter too late or we can


make too many trades or we can start getting mad at the
markets all because we don’t know how to manage all those
emotions that exist in the reality of a professional trader.
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Trading is a job that can get very emotional. Successful


trading is 80% emotional control and 20% technical
analysis so if you can’t control your emotions it’s
impossible for you to become profitable.

Your focus should be to follow the plan, and not let whatever
you have around you stop you from that.

When it comes to making trades, your focus should not be


making as much money as quickly as possible. Wait instead
for the right opportunity and capitalize off of it while
managing our risk properly.

If we have a trading plan and we don’t respect it it’s useless.


It’s just a piece of paper. If we have a set percentage to risk
for every single trade, we must follow it. Religiously.

The amount of money that you will make is not based on


what trade you will take. It will be based on how well can you
manage your risk. Everything else is part of controlling our
emotions properly, don’t overtrade and follow the plan.

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9.3 Test on a real account


Now that you tested the system on the demo account and
you know exactly how your training plan works it’s time to
move to a real account.

Most people would deposit all their money on the real


account right away. This is wrong. The ideal would be to start
from a small amount, become confident with a small amount,
learn the emotional control on that small capital the right
discipline etc. etc. and then gradually deposit more money
into the account.

Depositing all your saved money into the real account right
away would be financially incorrect.

You first have to understand how much it's worth to invest


into this skill that you’re still learning (trading) where you
could potentially lose all your money if you don’t apply it
correctly.

The goal is to gradually upload more money until we are


ready for a prop firm challenge. What is a prop firm
challenge?

Let’s take a look at it right now.


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9.4 Prop Firm - Funded account


Once you become profitable in the real account, you are now
ready to start a funded account challenge.

But how does it work?

There’s companies out there called Prop Firms (Proprietary


Trading Firms) that will give you big capitals to trade with, if
you show them that you’re a serious trader.

One of the most famous Prop Firms is FTMO and they have a
two step evaluation process to access the funds.

Let’s just say you want a 100’000$ account with FTMO.

1. The first step is buying the challenge on the FTMO


website for 540€ (this will be refunded if you pass the
challenge). Once you do that, they’ll give you demo
account with 100’000$ so that you can start the
challenge.
2. In phase number one your goal is that within 30 days
you can make 10% in profit (10’000$) all while not
losing more than 5% in a single day a 10% in total

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3. In phase number two your goal is that within 60 days you


can make 5% in profit (5000$) all while not losing more than
5% in a single day a 10% in total
4. Once you’ve passed both these phases you’ll be refunded
the challenge price (540€) and you’ll be given the
credentials for a 100’000$.
5. You are now funded by FTMO and whatever profit you
manage to make with that account, you get 80% of it.
The only rules that still apply to this account are that you
can’t lose more than 5% in a day and 10% in total. If you do,
you’ll lose the account.

You can now understand exactly why prop from accounts


are not something for beginners. You first need a system
that is capable of making these numbers so that you can
become a full time funded trader like we are.

If you try a challenge without such system you’ll just end up


losing the money that you spent on it. A proper risk
management is required to pass them and to keep the
account long term

And that’s exactly what we teach inside of our University.

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These are just some of the payouts from the students that
became funded with our system:

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10% is something easily achievable by anyone that


understand our system and puts in the time to master it.

All the people above had different previous trading


experiences but all had the same feedback about the
classes.

HERE’S WHAT THEY SAID JUST A


COUPLE OF MONTHS BEFORE..

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10. Conclusion
You got to the end of the eBook…

What do you do now?

If after reading this book you feel like the trading carreer
fits you and you wanna achieve the freedom that comes
from being a trader... good!

But now it’s time to study!

As we mentioned before, your initial goal is to find a proven


system that works and study it until you fully understand
how it works and how to apply It - practice and backtest until
you're comfortable in demo - move to a real account with a
small amount of money - try a challenge and get funded!

So you might think...

“WHERE CAN I STUDY??”

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You’ll start by

1 reading Primer, our


109 page Trading
manual that will
PRIMER assist you through
EBOOK your journey

You’ll then attend our


Masterclass which is 10
lessons where you’ll be
taught exactly how we
trade LIVE. You’ll be able to
ask any question or doubt
2 TRADE-UP
and get them answered MASTERCLASS
right away
MASTERCLASS PROGRAM
1 Course introduction and basic knowledge

2 Market structure in different time-frames

3 Supply&Demand and Premium&Discount

4 Expectational Orderflow and how it works

5 Changes of character and POI selection

6 Different types of liquidity and inducement

7 Sessions, weekly cycle and Imbalance(FVG)

8
2
How to find a trade using all the concepts

9 How to create a complete Trading Plan

10 How to pass funding challenges and extras


RANGE
University
After the class you’ll
join the private

3 discord community
where you’ll receive
24/7 help and support,
RANGE weekly calls with the
COMMUNITY team and more.

Practice, backtest,
ask questions and do
everything you can so
you can become a
profitable trader.
4
We’ll help and guide HARD WORK
along the way 👊🏻
RANGE
University
JOIN OUR UNIVERSITY AND
LEVEL-UP YOUR TRADING
CARREER WITH RANGE.FX!

SAVE YOUR SPOT

There's only going to be 20 spots available every


month so we can fully focus on each student!
IF YOU ENJOYED THIS
EBOOK LET US KNOW ON
OUR INSTAGRAM!
Your feedback is very important to us!

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