Professional Documents
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DAYS TO LEARN A
THIS PDF IS
FOR YOU IF:
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YOU'RE NEW
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YOU HAVE EXPERIENCE BUT
TO TRADING YOU'RE NOT PROFITABLE
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YOU'RE LOOKING TO
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YOU WANNA FIND A
LEARN A STRATEGY COMMUNITY OF TRADERS
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.
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.
PRICE CHARTS
Japanese candles 45
Timeframes 46
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INDEX
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
BACKTESTING
How to backtest 69
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.
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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.
How do you make this trades? We’ll get there. Keep reading!
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.
1.3 How much money can you make and in how much
time with Trading?
Trading is a real profession where you can both:
Time
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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.
+7% +9%
+4%
0%
-5%
-9%
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
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.
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
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.
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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.
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
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1.7 Trading Platforms (MT4)
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.
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Here you’ll be
able delete pairs
from the list
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28
RANGE This will show the sum of your
University positions. In this case we’re in
profit of almost 4900$
This is your
account balance
TYPE QUANTITY
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In exchange , the broker will guarantee us a leverage.
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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.
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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.
When talking about the risk reward ratio our stop loss is our
risk and our take profits is our potential reward.
The ratio between the take profits size and the stop loss
size is the risk/reward ratio.
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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.
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.
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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€
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Or... you can risk even more like 10% every single trade..
Now that would be pure craziness of course.
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:
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.
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The charts and price movements are always the same, but
we can decide to go in details if want to.
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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.
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.
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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.
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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 .
Usually the strategies that work the best are trend following
ones which means that they follow the trend instead of
going against it.
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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.
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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.
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.
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.
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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.
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.
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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
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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?”
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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.
You don’t need to get all the trades in the word. You just
need to find the high quality ones.
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.
Your focus should be to follow the plan, and not let whatever
you have around you stop you from that.
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Depositing all your saved money into the real account right
away would be financially incorrect.
One of the most famous Prop Firms is FTMO and they have a
two step evaluation process to access the funds.
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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. Conclusion
You got to the end of the eBook…
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!
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You’ll start by
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2
How to find a trade using all the concepts
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 👊🏻
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JOIN OUR UNIVERSITY AND
LEVEL-UP YOUR TRADING
CARREER WITH RANGE.FX!