0% found this document useful (0 votes)
874 views22 pages

Trading For Beginner Forex

This document provides an introduction to trading for beginners, including a workbook for setting goals, understanding market conditions, and learning candlestick patterns. The workbook teaches the phases of bull and bear markets, candlestick anatomy, order types like buy limits and stop losses, and includes space for notes. The overall document aims to give beginner traders the foundational knowledge to start developing a trading strategy and becoming a profitable trader.

Uploaded by

salmankhancap67
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
874 views22 pages

Trading For Beginner Forex

This document provides an introduction to trading for beginners, including a workbook for setting goals, understanding market conditions, and learning candlestick patterns. The workbook teaches the phases of bull and bear markets, candlestick anatomy, order types like buy limits and stop losses, and includes space for notes. The overall document aims to give beginner traders the foundational knowledge to start developing a trading strategy and becoming a profitable trader.

Uploaded by

salmankhancap67
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 22

BY JASON GRAYSTONE

TRADING
FOR

BEGINNERS

TRADING SESSION
WORKBOOK

A BEGINNERS GUIDE TO PROFESSIONAL TRADING


2

TRADING SESSION
BEGINNERS WORKBOOK

Your strategy session link is in Your email inbox

Print this workbook before the session if you can

save the video to your "watch later" or bookmark the video

Plan uninterrupted computer time whilst at the sessions

AN IMPORTANT MESSAGE:

So you want to become a profitable trader? When you join the session I'm not
only going to teach you how, I'm going to go to work on personalising your
game plan. This is all about action.

After working with thousands of traders all over the world, I kept seeing the
same patterns over and over again. My holistic view of the repeatable patterns
allowed me to discover some deep insights and secrets as to what doesn't work
when it comes to trading education.

I decided to just focus on underpinning each and every fail point to create what
is the most practical and comprehensive beginner trader workshop in the world.

I don't teach traders trading. I create successful and profitable traders."


GOALS: LIFE GOALS IN 3 YEARS

WHO do I want to BE?

Insert text here

WHAT do I want to DO?

WHAT do I want to HAVE?

A FEW OF JASON'S ACHIEVEMENTS...

Rated most 1.8+ Million 200+ Thousand Built and run


innovative trading downloads of followers on multi-million
educator by Always Free Social Media pound dollar
Forbes Podcast Platforms businesses
GOALS: TRADING GOALS

Money:

Time:

Big Picture/Legacy:

"These guys are good! am so pleased came across this early in my


I I

trading journey and didn't waste time with scams. Everything you need
to become a consistently profitable trader is here if you are willing to
put the work in and do the reps on the charts. Thanks Jason, Akil &
Darren for creating a blaster of a platform!

• Naomi Gorta Slight


IDEAS & NOTES

Usually 12 - 18 to become a consistent trader; Learn for about 6 months, then demo trading

1 hour a day to learn stocks. (7 hrs/week).

Resume at "Reading Price" Section (22:51)

Reading Price: Green Candle (Bull): We closed at the end of the hour higher than we

opened. Red Candles (Barish): Closed a lower price than we opened.

OHLC Bars: Open, High, Low, Close; Is read same as the candles

Candlestick Anatomy: (In charts)


Opportunity Confluence: Run: Extension in the direction of the trend

Pullback: Retracement; the outside return; Momentary correction before we continue to the upside

If on a bullish chart & we had a bias that the market is going up, don't but in the middle of

the up and down runs.

What should be done is Identify the pullback and then look to buy the market.

Job as a trader is to sell at the best price possible and then sell at the best price possible.

Upward ceiling is called resistance while downward move would be support.

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
IDEAS & NOTES

Angular Trend Lines: Sometimes, what you can see is that at each of the pullbacks

If you draw a line from the close of the candle all the way to the most recent one, you'll find

that there is something called angular support.

Doji Candle - Opens and closes at the same price; indecision (Review ATL)

Indicators: Can use Fibonacci retracement. You have to drag it on from the most

recent pullback to the most recent low. One of the most popular ratios people look for is a 382

retracement for a trend. 382 Is an indication for a strong trend.

Even Handle numbers is also an indication. Look for candlestick formation to make sure you can

place an order. Also look at what happened in the past. Compare patterns from the past to a current

pattern to make predictions.

Order Types: Terms: Buy Limit, Sell Limit, Buy Stop, Sell Stop, At Market

When You place an order on the chart, it's an instruction to your broker

Buy-Limit Order: Telling your broker that if price pushes down below what we're trading at at the moment

a we hit a certain limit (whatever price you specify to be that limit), the broker will buy.

Buy limit

BL
Limit you set
If it reaches that limit, broker will
CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH

buy the amount that you set


MARKET CONDITIONS

Bullish (Upward Trending Market)

Bearish (Downward Trending Market)

Ranging Market (Not Bullish nor Barish)

indecisive (Recommended to stay


away during this)
REAL MARKET TEST

Higher High

Higher High

Pullback Hgher High


High
Phase One; Run
(Extension)

Previous resistance becomes support


Low

Angular Resistance

Lovær High

Lovver Hoh
Lower Low

Lower Low

Lovzer Low till

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
REAL MARKET TEST

Insert text here

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
"d' KNOWLEDGE: MARKET PHASES (BULL)

1)

2)

3)

4)

5)

6)
KNOWLEDGE: MARKET PHASES (BEAR)

1)

2)

3)

4)

5)

6)
KNOWLEDGE: CANDLESTICK ANATOMY

Bullish

High

Close

Open Price

Low
KNOWLEDGE: CANDLESTICK ANATOMY

Barish

high

open

Close

Low
BS
SL

IDEAS & NOTES

Sell Limit: If price pushes up to x predetermined limit, above what were trading at the moment

I want to sell the position. (Basically opposite of Buy Limit)

Buy Stop: Saying to your broker is we hit this level above what we're trading, I want to buy.

Stop Order: An order to your broker that is price pushes down below what we're trading to this

certain below what what we trading, I want to sell.

An At Market Order is just you watching the charts live and clicking buy or sell and giving your

broker an instant instruction as soon as possible to buy or sell that market.

Stop Loss: Can be a BL, SL, AM, BS, SS (sales stop)

Entry can be a BL, SL, AM, BS, SS

Target can be a BL, SL, AM, BS, SS

Entry, Stoploss, Target (Always trade in this order)

Don't use at Market Orders for stop losses

Risk Position

If it goes back down below price


SL (Sell here) you bought the market at, with the
Buy Limit, you regain what you sold.
BL (Buy Here)

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
Personal Idea
KNOWLEDGE: CANDLESTICK PATTERNS

Sellers tried to Strong Selling Pressure


push market Buyers tried to push market
down but was up but was rejected and sent
rejected and back down
sent up.

C&L

Hammer & Shootind star

Strong
Buying
HC OH
Candle;
Market is
Strong
in strong
selling
momentu
candle.
m to the
Market is
upside
most likely
going to
OL CL continue
down.
IDEAS & NOTES
BS

SL

BL

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
IDEAS & NOTES

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
IDEAS & NOTES

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
IDEAS & NOTES

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
IDEAS & NOTES

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
IDEAS & NOTES

CZ&EEDUCATION
TRANSPARENCY CONTRIBUTION GROWTH
IDEAS & NOTES

TRANSPARENCY CONTRIBUTION GROWTH

Need help? We're here for you!


info@graystone.education

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy