TABLE OF CONTENT Chapter 01 Cheat Sheet ------------------------------------------------ 01 1.1 HOW TO GET AT LEAST 40+ PIPS WITH GOLD IN EVERY TRADING DAY ------------------------------------- 01 1.2 Checklist ------------------------------------------------- 02 1.3 Definition ------------------------------------------------ 03 1.4 Detailed analysis ---------------------------------------- 05 Synopsis ----------------------------------------------------- 14 Chapter 2 Smart money Terminology --------------------------------- 15 2.1 Liquidity ------------------------------------------------- 15 2.2 Imbalance ----------------------------------------------- 16 2.3 Break of Structure -------------------------------------- 17 2.4 Order Block --------------------------------------------- 17 2.4.1 Bullish Order Block ---------------------------------- 18 2.4.2 Bearish Order Block --------------------------------- 19 2.5 Order Block Area ---------------------------------------20 2.6 Fibonacci Retracement -------------------------------- 20 2.7 Point of Interest ---------------------------------------- 21 Chapter 3 Market Structure --------------------------------------------22 3.1: Bullish Market Structure ----------------------------- 23 3.2: Bearish Market Structure -----------------------------25 3.3: Consolidation ------------------------------------------ 26 TABLE OF CONTENT Chapter 4 Secret About Time ------------------------------------------27 4.1 Why Session is Important? -----------------------------27 4.2 How to Use Session Indicator ------------------------- 29 4.3 Session Trap or Grab ----------------------------------- 33 4.3.1 London Session Grab -------------------------------- 34 4.3.2 New York Session Grab ----------------------------- 35 4.3.3 NYSE Opening Trap ---------------------------------- 36 Chapter 5 Seasonality -------------------------------------------------- 37 5.1 Euro Seasonality ----------------------------------------38 5.2 Canadian Dollar Seasonality ---------------------------40 5.3 Great Britain Pound Seasonality --------------------- 42 5.4 US Dollar Index Futures Seasonality -----------------44 Chapter 6 Currency Future ------------------------------------------- 46 6.1 EUR and AUD Futures -------------------------------- 46 6.2 GBP and USD Futures -------------------------------- 49 6.3 USD and CAD Futures -------------------------------- 51 6.4 EUR and USD Future ---------------------------------- 53 TABLE OF CONTENT Chapter 7 The Easiest Smart Money Strategy To Trade Gold ------ 55 Chapter 8 Advance Trading: Wyckoff Strategy --------------------- 59 8.1.1 DISTRIBUTION SCHEMATIC-1 ------------------- 60 8.1.2 DISTRIBUTION SCHEMATIC-2 ------------------- 60 8.2.1 ACCUMULATION SCHEMATIC-1 ---------------- 63 8.2.2 ACCUMULATION SCHEMATIC-2 ---------------- 63 8.0 Trading GOLD Based On Wyckoff Strategy --------- 66 Chapter 9 Mental Game of Trading ---------------------------------- 70 9.1 Definition Mental Game Range: ---------------------- 74 9.2 Defining Tactical Game Range: ------------------------77 Chapter 10 Mental Hand History -------------------------------------- 79 Chapter 11 Final Thought ----------------------------------------------81 CHAPTER 01: CHEAT SHEET 1.1 HOW TO GET AT LEAST 40+ PIPS WITH GOLD IN EVERY TRADING DAY STRATEGY 01: Our core objective is to trade gold in a simple, easy-tounderstand method. We will rely on a simple, highly accurate and newbie-friendly method. Breakout → Retest → Execution To get the best possible confirmation, we have to make sure of every confluence for every major timeframe(W, D, 4H, 1H, 30M, 15M). The high accuracy of this strategy is the outcome of years of backtested gold data. Due to the best volume provided by the market during the New York session, we highly recommend you to trade in that period. If you have any kind of query, our telegram platform @pafx_subbot is always open for you. 01 1.2 CHECK LIST #01: Are you having these 5 feelings before taking a trade? Try Relaxed Decisive Patient Confident Trusting Gut Good To Trade Anxious Distress Fear Greed Self-doubt Do Not Trade #02: Have you checked for any possible news for the day? YES #03: Have you removed all the previous drawings from your chart? YES #04 Technical Cheatsheet: Make sure to tick all the boxes below before taking a trade: Identify Weekly Support & Resistance Zones Identify Daily Support, Resistance Zones & Possible Fakeouts Identify 4H & 1H Support, Resistance Zones Look for Breakouts in the 1H, 30M & 15M Timeframe 02 1.3 Definition Figure 1.3: Support & resistance Support & Resistance: Support describes a price level where a downtrend pauses due to the demand for an asset increasing, while resistance refers to a level where an uptrend reverses as a sell-off happens. Price reacts multiple times from support & resistance level and the price usually changes its direction from here. But these levels can be broken and when support breaks, it becomes resistance and resistance becomes support. You can have an idea from the chart above. Supply & Demand Zones: Supply-demand is nothing but the border area of support or resistance. 03 Figure 1.3: Fakeout, Breakout & Retest Fakeout: In technical analysis, Fakeout explains a state in which a trader enters into a position, anticipating a future transaction signal or price movement, but the signal or movement never develops and the asset moves in the opposite direction. Retest: It refers to the price reversing in a certain direction after a breakout and returning to the breakout level to see if it will hold. Breakout: Price moving outside a defined support or resistance level with increased volume is called the breakout. 04 1.4 DETAILED ANALYSIS Required timeframes: W, D, 4H, 1H, 30M, 15M #01: Identify Weekly Support & Resistance Zones Figure 1.4.1: Weekly Support & Resistance Zones You can see the significant supply and demand zone in the weekly time frame. Now if you just pay close attention, the weekly support zone was around 1785 and the opening price for that week was around 1850. Moreover, we have identified 1870 as the weekly major resistance level. 05 #02: Identify Daily Support, Resistance Zones & Possible Fakeouts Figure 1.4.2: Daily support & resistance zones & possible fakeouts When it comes to the daily time frame, we have identified weekly resistance and possible daily resistance zone along with, our recent daily resistance zone which is around 1811. You can see a significant fakeout market in the daily time frame as well. 06 #03: Identify 4H Support, Resistance Zones Figure 1.4.3: 4H support & resistance zones This 4H Candle represents the move that we are about to show. Now, as we saw in the picture just above that the daily and the 4-hour resistance zones are perfectly aligned with each other, let's jump into the other 3 time frames. We’ll let you know in 4 pages, how you could have gained from these moves. 07 #04: Identify 1H Support, Resistance Zones Figure 1.4.4: 1H support & resistance zones Let's just jump right into the 1-hour time frame. After paying closer attention, we can easily identify the support and resistance zones in this Timeframe. For more confirmation, we need to observe certain things. There are, 1. The Daily & The 4H Resistance area perfectly align with the 1H Resistance area. As the price had a significant rejection from The Daily & The 4H Resistance area. 2. The Weekly support area perfectly aligns with the 1H support area because the price has already tested the zone twice. Therefore, we can consider the weekly support area as our sell-side target. 08 #05: Look for Breakouts in 1H Timeframe Figure 1.4.5: Breakout in 1H Time Frame During the opening of the NY session (Red region of the chart), the 1-hour candle had a significant rejection from the low of the London session. The next 1-hour candle closed below the previous 1-hour candle. NYSE (New York Stock Exchange) is going to open after 30M. This illustrates, there has been a selling opportunity incoming with the volume of the NYSE (New York Stock Exchange). Whenever we see something like this in the chart, we surely need to have the proper retest (When Price returns to breakout level) before execution. Let's drive into the lower timeframe (30M). 09 #06: Look for Breakouts in the 30M Timeframe: Figure 1.4.6: Breakouts in 30M Timeframe This 30-Minute candle breaks below the support area. As we already had a breakout (Price moving outside a defined support or resistance level with increased volume), the next thing we needed was to wait for a retest (When Price returns to breakout level). Let's look for this retest at 15M Timeframe, for the best possible Entry. 10 #07: Look for The Entry in The 15M Timeframe: Figure 1.4.7: Entry in 15M Timeframe We zoomed in to the 15M Timeframe to provide you with a clear idea. This 15M candle provides us with the Perfect Entry (When An Entry Ensures Minimal Drawdown & High Risk to Reward Ratio) as: It failed to close above the previous 15M candle It closed below the previous 15M candle. Had a strong rejection from the wick of the previous 15M Candle 11 BEFORE AFTER This trading setup works best in the NY session, as most of the market volume gets generated here. 12 Some important notes: Focus on the price gaps over the weekends. (Gaps are sharp breaks in price with no trading occurring in between. Gaps may take place either moving up or moving down. In the forex market, gaps primarily occur over the weekend because it is the only time the forex market closes. It as well takes place on a very short timeframe such as a one-minute chart or immediately following a major news announcement) Trading time: 6 AM to 10 AM EST. If a candle closes with no wick on the top or bottom, that means a possible rejection from the nearby support and resistance zone is incoming. This is applicable for the Daily to 5M timeframe. You need to identify the bias. The easiest way to identify this, is by spotting the higher Time Frame bias. (Determining if the higher timeframe is bullish or bearish) The good buys will always be above a strong resistance level at a higher time frame (1H, 4H, D, W) & vice versa. After the break of a strong support and resistance level, the price fills wick/ fills imbalance in most of the cases. Whenever the price moves, look for the place where the last support/resistance was formed. 13 Synopsis Banks ensure the safety and security of our money. And the people around the globe do their savings in the banks. That's why banks/institutions have more money than common people. They use this money to compensate their employees. But how do they manage to do all of these? They trade in order to make more money. They have the best algorithm and strategies for trading in the financial market, and they always win. We have heard about the smart money concept over the internet more or less. Banks/institutions/ hedge funds refer to the smart money. In this book, we are going to share with you about how banks/institutions trade in the forex market and make money. Also, you will get an example of how to trade by following their smart money strategy. Want full access to secret trading strategies and earn 10X MORE? YES! SHOW ME HOW! 14