Chaos eBook Beta Version

Preview:

DESCRIPTION

forex

Citation preview

CHAOS TRADING Maximize Profit With Proven Technical Tecnique

Chaos Template applied in Foreign Exchangep/s = This not an original default setting,this is my own setting.

Figure above explained the real chaos trading system depiction. We have an Alligator as our compass and odds maker ( trend direction ),else ; we have an Awesome oscillator and we have a fractal.

The Mighty Alligator.Our Compass and odds maker

Goal :-To learn how to construct a compass to guide our market journey into profit territory.

The Alligator is

– An integrated approach to monitoring the market momentum.– A simple indicator to trade only with the current trend.– A protection device to not lose money during a nontrending market.– An advanced indicator to signal the end of current trend.

Alligator Characteristic.To determine trending and sideway or ranging market

Alligator only has a two characteristic.i. Sleeping alligatorii. Awake (hungry) alligator.

How to recognize where is the sleeping alligator and hungry alligator

Alligator will show when you can trade and when you cannot trade. For safety trading trading only when alligator open the mouth,conclusion is you will get a clear trending market. ( follow the trend )

Correlation between Alligator and Elliott wave.

Hungry Alligator.– Impulsive wave

Sleeping Alligator– Corrective wave

Impulsive wave example and the correlation between alligator.

Summary.This chapter ( mighty alligator ) introduced the idea of using the alligator to sharpen up entries and exit.What move the market are trader responding to new incoming information.

The First Wiseman or as known as Wisemen 1.

Goal :-To understand how counter trend trades will increase your success and profit in trading.

The Real Counter trend depiction.

The first wiseman will solve this problem!

Wiseman 1

The bullish or bearish divergent bar.

Bullish Divergent Bar

W1 = Bullish divergent bar (from bottom to the top ).Is the signal where the market will twist “UP” the trend before an ALLIGATOR or in other word is “reversal signal”

Bearish Divergent Bar.

W1 = Bearish divergent bar (from top to bottom ).Is the signal where the market will twist “Down” the trend before an ALLIGATOR or in other word is “reversal signal”

Real Wiseman 1 depiction

Where is the wiseman 1 bullish divergent.

Wiseman 1 bullish divergent found.

How to counter trend ?

How to counter trend ?

Pending Buy stop with Price - ( spread + 1 )Stop loss = At the bottom of wiseman 1 bar/candlestick.

The Answer

Wiseman 1 Characteristic

i Must have a good angulation – angle – sudut.

Slope of price bar is “angling away” from the alligator – this is the best kind of bearish divergent bar signal.

Rules For Angulation.

i. Begin where the price bars cross or go through the alligator mouth ( jaw, teeth, and lips )ii. Draw or imagine a line that follow the Alligator mouth,we usually pay attention to the jaw and

teeth more than the lipsiii. Draw or imagine another line that bassically follows the edges of the price bars,You would look

at the bottom edge of the price in an up move and the top edge of the price on a down move.iv. If those tow lines show clearly that they are moving from each other, you have angulation.

Invalid Wiseman 1.

Wiseman 1 invalid because price move very near with alligator ( SELARI ).

How to Entry order wiseman.

BUY STOP = PRICE + ( SPREAD + 1 )SELL STOP = PRICE - ( SPREAD + 1 )

Bearish Counter trend

Bullish counter trend.

Pending order buy

Stoploss

Pending order buy

Stoploss

Pending order buy

Stoploss

Pending order buy

Stoploss

The Second Wiseman or as known as Wisemen 2.

Wiseman 2 ( Awesome oscillator ) Adding on with momentum.

Goal : - To understand how and when to add on ofater your first entry.

Attention.Wiseman 2 only valid when wiseman 1 exist. Still inside counter trend process.

Know your awesome oscillator ( AO )

– Familiar with intermediate momentum bar– Showing the major trend clearly– Green bar = Uptrend– Red Bar = Down trend.– Above '0' = Major Uptrend– Below '0' = Major Downtrend.

Wiseman 2 entry method

– Max sure after wiseman 1 came out.– 3 continuous AO bar– Put your stop loss and pending order same like wiseman 1 entry method.

Pending order and stop loss

Bearish Signal

The Third Wiseman or as known as Wisemen 3.

FractalTrading the fractal breakaway trade.

Goal : -To understand and be able to recognize and trade initiating Fractals.

Know your Fractal ( Wiseman 3 ).

FRACTAL.

Sell Fractal.

THE WISEMEN GET TOGETHER.

Reverse Pyramid.

Live Account Screen Shot how i maximize profit with proven technical technique.

THANK YOU And Good Luck

Wrote by Muhamad Yaqin Bin Mhd Nor.Currency Trader yaqen.canteen@gmail.com

Recommended