Background

INTRODUCTION AND BACKGROUND

1. Introduction

1.1. Message from the author
1.2. Competency assumptions and requirements
1.3. Course structure and terminology
1.4. Course overview

2. Stacking the odds in your favour

2.1 Creating the right mind set
2.2. Critical Trading Success ratios

3. Finding the ideal trade

3.1 Reverse engineering
3.2 Confirming the trigger
3.3 Ideal trade

TRADING TOOLS

4. Using volumes as an indicator

4.1 Daily Currency volumes
4.2 Scalping trades
4.3 Relative volatility

5. Indicators, Markets and currencies

5.1 Indicators
5.2 Market types
5.3 Relative strength of currencies

6. Momentum signals

7. Support and resistance

7.1. Horizontal
7.2. Non Horizontal
7.3. Fibonacci
7.4. Channels
7.5. Dominant angles
7.6. Moving Averages

8. Price formations

9. Candle formations

10.Targets and Exits

10.1 Targets
10.2 Exits

SPECIFIC TECHNIQUES

11 The straddle trade

11.1. Market consolidation
11.2. Announcements
11.3. Weekend Straddles

12 The breakout trading

13 Bounce trades

13.1 Support and resistance
13.2 Channels
13.3 Bounce checklist

COURSE OVERVIEW

14 Money management

15 Trading psychology

16 Trading Process

16.1 Money management and Trading psychology
16.2 Weekly activities
16.3 Daily activities

17 Closing Summary

Hi Everybody

My name is Barry Thornton. I hope that you find this course fun, interesting and educational while doing it and very profitable when using the concepts in your Forex trading. It’s my job to make sure that you enjoy the course and become a better Forex trader for having done it. We have worked hard to make the contents easy to follow but please use the support facilities to make suggestions or get as much clarification as you need.

Forex Trading has been good to me. It has allowed me to literally tour the world without worrying about a dip in my income. Wherever I can find an internet connection I can trade and participate in the Forex Market. This kind of freedom and independence is priceless. I have not been affected by local economies.

My Freedom and independence has not however come easily. What you will see in this course are my practical experiences trading the Forex Market. How I made costly mistakes to reach a point where I am now, an independent trader trading my own account on a daily basis. No theoretical text book stuff.

What you will be getting in this course are various techniques, tools and processes I use to catch the LONG CANDLE and to make sure I manage LONG CANDLE forex trading efficiently. There is not only one but a number of LONG CANDLE approaches.

In order to work through the content and make it your own, you should follow 3 steps;

Read through all the course material on a particular concept.
Find you own examples of the concept by looking at historic charts.
Find your own examples in live (demo) trading.

Trading and analysis tools

Relative strength of currencies
Relative candle size of currencies
Relative volatility (trading ranges) of currencies
24 hour Trading profiles of major currencies
Dominant Angle analysis
Market type analysis

Money management

1% technique
Double your money safely technique
Maximum lot technique

Trading strategies

Consolidation Straddle trades
Weekend straddle
Announcement trades
Market opening straddle
Trendline breakout trades
Trendline bounce trades
Volume scalping trade
Trending market trading
Momentum trading
Channel trading
Price formation trades
The 2 wave momentum technique.

Psychological exercises

Coin spinning exercise
Daily loser mantra

Trading processes

Weekend Forex Activities
Daily Forex Trading Activities
Determining targets
Using stops

I stopped teaching Forex trading a number of years ago but have kept close contact with the folks at Expert4x who have tempted me out of my daily trading routines to contribute to helping Forex traders. I hope you gain a good perspective of ways of making money in the Forex market in this process. I have made previous contributions in an interview series published by Expert4x last year and have developed a good trusting relationship with Expert4x through this series.

I would thoroughly encourage you to work through the Long Candle course in the most practical way possible by looking for your own examples of the many trading techniques given and doing all the practical exercises suggested in the course.

Unfortunately the market has encouraged the “instant successful trader” concept using never fail automatic trading system without much effort. From personal experience with thousands of prospective Forex Traders I have found that successful traders are the ones that go the extra mile, invest in their trading career, apply and test techniques in the market, make those techniques their own and trade every day.

What you will see in this course are some techniques that work very well. Take this opportunity to learn a lot about how the Forex Market works and how you can make a good income from it. To get a better idea of what you are about to read and learn, I would suggest that read the summary at the back of the book as an overview. I have tried to include as much as I can within the limitations of an ebook so you may find the information overwhelming – please re read the course until you are comfortable.

I hope to be of further assistance to you when you contact the Expert4x support where Expert4x or I will assist with any questions you may have ( info@expert4x.com )

To your future in Forex Trading
Barry Thornton

Reference

https://myspace.com/guardproffx

https://www.behance.net/guardfx

https://www.intensedebate.com/people/GuardProf

https://bitcointalk.org/index.php?action=profile;u=3522674

https://www.techbang.com/users/1234s8952

https://www.warriorforum.com/members/guardfx.html

https://forums.hostsearch.com/member.php?235168-guardfx

https://trello.com/u/milkyroads/activity

https://www.plurk.com/guardfx

https://www.producthunt.com/@artimatikafx