Proficient FX
Proficient FX
Before we get started, I want to cover a few important things. You must first know and master
the basic A-Zs of forex and technical analysis so you have a better understanding of the market.
If you do not already know and understand the basics then I highly suggest stopping here and
taking my A-Z course before continuing any farther. To better understand the concepts we will
be discussing in this course, you need to know where retail traders trade and the major patterns
and levels retail traders are taught to trade at. Technicals are great to know but you need to know
when to enter the market and what the market makers will do prior to completing the technical
setups. Remember, all price prior to current price is technical and all current and future price is
controlled by market makers. After mastering the A-Zs of forex and technical analysis and then
mastering the market maker concepts, I have no doubt that you will have success trading the
forex market. But understand that you will have to put in the work and chart time!
Go into this course with an open mind to these concepts and understand that there is always two
sides of the market. If someone is buying, then there is also someone selling, this is what makes
the forex market so liquid.
The main reason why most retail traders fail is because they do not understanding how price
action works, simply because they do not understand the logistics of price movement. Any trader
can teach themselves or be taught how to identify key price points and mark up a chart with
support and resistance levels and other technicals, but few truly understand how the market
makers work these key price points.
This course will help you understand how the market makers work and more specifically will
teach you a HIGH ACCURACY trade concept that the market makers use over and over again.
This course is short, sweet, and straight to the point. Trust me when I say the info you learn in
this course will take your trading results to the next level. Just because you finish this course fast
does not mean you are ready. You will need to go over everything multiple times, apply these
concepts to your charts, backtest and see how price plays out using these concepts, as well as
watch them play out in real time.
Before we get into learning ORDER BLOCKS and BREAKER BLOCKS (the high probably
trade concept that this course is focused around), we must stand by a few rules when trading
these concepts.
Not every setup is a true Market Maker Setup. You must know and understand the
CONTEXT behind the setups in order to properly identify a real valid Market Maker
setup.
ALWAYS know the overall price directional bias
ONLY takes trades in the direction of the overall trend
Market Market Maker Rules
Not every up candle which is then traded down through or down candle which is then
traded up through is an Order Block.
Never force a setup.
Always look for liquidity first.
Identify the higher time frame liquidity.
Understand that the marker moves with INTENTION, price is not just random.
To the left of current price is technicals, to the right of price is fundamentals and Market
Makers. Technical's are just added confirmations and confluence for our setups. Price
will do whatever it wants.
Never risk more then 3% of your account on a trade
Always use proper risk to reward ratios, 1:2 minimum.
CONTEXT
The context behind each setup is the most important part. Just because there is a big move, fake
out, or “stop hunt” does not make it a valid Market Maker setup. We want to see setups form at
major retail support and resistance levels, institutional levels, equilibrium levels, and any major
areas where retail traders are taught to buy or sell. For example, double tops and double bottoms.
We also want to see price taking out Equal Lows or Equal Highs to pickup Liquidity during each
setup. Also the setup must align with the markets overall directional bias. We will cover all of
this in a later video lesson.
Sniper Entry And Sniper Killshot Zones are more valid when they are at Institutional Levels. The
major focus levels are the 200, 500, and 800 levels. Trade setups around these levels have higher
probability.
INTRODUCTION
Price ALWAYS moves with intention. Market Makers move price to areas with a lot of liquidity.
Major obvious technical levels have the most liquidity around them. For example, a big Double
Top on the daily time frame, every retail trader can see this big “M” forming and decide to short
with stop losses above the previous high. Retail traders also place buy stops above the previous
high with the intention that if price does break the high it will continue up. Market Markers will
take out the high hitting the stop losses and triggering buy stops, picking up the liquidity, then
move the market the intended direction. We will go over this with examples in the next lesson.
How many times have you been stopped out then price goes your way?
How many times have your buy stops or sell stops been triggered and then price moves
aggressively the other way?
If this is happening to you it is because you have identified the major areas but have yet to learn
how the Market Makers work around these key levels to pickup liquidity.
What Is Mitigation:
When the banks establish their price structure and or ranges within any currency pair, the future
order flow is based on certain levels of the preceding trading range. Sometimes critical levels can
be over shot due to orders being to strong and or cap levels not being maintained. When price
dives deep or sells off into a substantial low breaking previous lows with out reacting or
bouncing after the liquidity was targeted, this one time creates thin liquidity normally resulting in
a sharp counter move back to the original point of origin. However if the market makers display
interest in the new re pricing range, they may just mitigate there loss or re structure the loss and
wind off those previous longs at the point where the liquidity was tapped into below the previous
lows. Hence mitigation comes into the market forcing price back down from the breaking level
using the breaker block zone as resistance.
What Is Mitigation:
When the banks establish their price structure and or ranges within any currency pair, the future
order flow is based on certain levels of the preceding trading range. Sometimes critical levels can
be over shot due to orders being to strong and or cap levels not being maintained. When price
dives deep or sells off into a substantial low breaking previous lows with out reacting or
bouncing after the liquidity was targeted, this one time creates thin liquidity normally resulting in
a sharp counter move back to the original point of origin. However if the market makers display
interest in the new re pricing range, they may just mitigate there loss or re structure the loss and
wind off those previous longs at the point where the liquidity was tapped into below the previous
lows. Hence mitigation comes into the market forcing price back down from the breaking level
using the breaker block zone as resistance.
You have now learned all of the important information on Sniper Zones and Sniper Killshot
Zones. Now its time to apply it, and keep studying this material while applying it to your charts.
This information was short but don't let that fool you, everything you have learned is
EXTREMELY VALUABLE and will level up your trading. In this next section you will watch
recorded student webinars where I analyze my charts utilizing these concepts. The quality might
not be as good because they are recorded live with students but pay close attention!
If you enjoy these Live Webinars, they are available with the Accelerator Package!