Join one of the FX study groups today
You can decide which FX group you would like to join. I have added some hints on how to select the one that is likely to be the most suitable to your current status.
What I am to share with you is not for beginners but a chance should be given to everybody, so all are welcome.
There is little difference in the content of the groups, nothing will be held back from you as I have no more to share with those who pay more compared with those who pay less. There is just no point dealing with everything the same time. However, since it takes years to get to a level, the issues of traders differ greatly. The below is a guidance but understand that as a general rule, I encourage everyone to participate in discussions at their own level to avoid interruption of group dynamics. Let’s respect each others’ time and assume a realistic position. Everyone with persistence will graduate, it is a matter of time only. If in a wrong group, you can upgrade your subscription any time without paying any extra apart from the service fee difference.
The groups therefore differ based on how materials are presented and the emphasis on elements of functional trading. Please do not expect a course type of training material or a hugely organized study book as it does not exist. What exists is concepts on annotated charts and explanations, forum summaries/exports. It should all be sufficient to you. However, a training material is continuously being developed and the main concepts are well described in the format of a PowerPoint presentation file.
You also have to accept that in order to guide you towards what you need to notice on the charts, I will simply direct you to approaches that have not been invented by me. I am not gonna re-pack knowledge created by others and sell it to you as my own. Eventually, no one owns the logic of price movements, not even me. My focus is on helping you understand price movements and so we will shamelessly use the concepts developed by others. Not everything but only the concepts that are workable. We will add salt and spices to the food cooked by other great chefs to end up with a groundbreaking concept and something I consider the ultimate approach to understanding price movements.
One important note here – kind of a disclaimer, especially if you have high expectations and thinking that “knowing” will be sufficient. Nope. It is not enough to know about things, you will have to develop the skills of recognizing, differentiating few price patterns in several circumstances, let alone being able to trade them the right time and be able to follow-up on your positions while you do other chores of life, get interrupted, tend to the elderly or just picking up your kids from school or take an unexpected call from somebody.
All groups are described on this page, please scroll down for details. Those details are guidelines.
Free to join | Group 1 – STARTER | Group 2 – EXPERIENCED | Group 3 – ADVANCED | Group 4 – PROFITABLE | Group E – EXPERT
Free to join Group
You are likely one who is interested in trading or one who has already opened a position on a demo account. Or you may be one who has some trading experience but suspicious of the services offered here and want to see what they are based on, whether it is genuine or not, whether it is something you would want to spend money on.
What you will get:
Invitation to a Discord server
Links to publicly available information: this will tell you where I am coming from, who I consider to be my teachers, where I started my journey. You can decide if it is all BS without base or you can decide to take the journey yourself, pick pieces of information and complete the puzzle, track down people to get extra content. I would not do that but it is up to you. The reason it has taken me many years to figure things out is that many of the most important points are not clearly explained or simply not shared or shared only in the form of a riddle. One would need to be able to read between the lines. Also, some, if not most of the pictures have been removed from the internet by now.
Limited number of trade setups to understand the potential of Functional Trading. Probably a bi-weekly directional chart analysis is the most you could expect.
Idea exchange: you can have questions about the service, I may hold a Q&A session once in a while to address questions asked in the Q&A channel.
Tools: you will develop your own tools, indicators and templates via trial and error. Not a bad thing but it will likely not put you on the fast track to financial independence. Not that I believe there is any such thing.
Group 1 – STARTER
You are likely to start defining yourself as a trader or have such dreams. You have burnt your finger and now looking to understand the whys. You maybe excited when you open a position as you have not realized yet how much more to study and understand. You think that your current tools are good, only you have not mastered them. You may have no need to control yourself emotionally, rather just enjoy the ride, up or down, it is still small money and you can always cover your losses, at least some of it.
You are also likely to look at many FX pairs, even venture into oil, gold, stocks and all. You would like to capture a move, thinking that moves last longer and price will travel a distance. It is only about knowing which way the pair goes. You may also have some concepts in your mind that seems to be working but you could never really consistently turn those concepts to your advantage.
You have read lots of stuff available on the internet and probably feel confused with the multitude of tools, indicators, EAs available for your trying. You may also have the urge to prove yourself, sometimes your ego takes things over.
Your trading lot size could be somewhere around 0.01 to 0.04. You do not want to risk too much.
What you will get:
MT4 templates with indicators: indicators have not been developed by me, I only arranged them to fit the purpose. None of them are used for price prediction.
Your own Discord channel: this is within the server I maintain. It is for you and me to personally keep in touch with each other and for me to understand the stage of your trader life and what needs improvement. It is also for others to be able to learn from our short message exchanges without being able to add their comments. It is the channel where you post your own charts with annotations.
Study materials: these are not organized into a course but rather short versions of forum discussions, important chats.
My own channel: this is where I post trade setups, either directional or with areas of entries
USDCHF channel: this is where we all discuss price movements of the pair
Other pairs channel: this is where you can discuss price movements of other pairs – we will limit them to a few (Oil, Gold, SPX, USDJPY, USDCAD, EURJPY, EURUSD)
Small talk channel: you can discuss matters not related to chart analysis with your friends
Q&A channel: this will help everybody on the server to see a collection of insights, sample charts
You will typically learn and practice to be able to read the most important elements on the charts. Focus: nature of price movements, accumulation, price cycle, asian range, news events, price ranges, stop-out areas to mention a few. I would not expect you to be able to connect the dots so some of the key concepts may not be explained in great detail.
Group 2 – EXPERIENCED
You are likely to start defining yourself as a trader or have such dreams. You have burnt your finger and now looking to understand the whys. You maybe excited when you place a position but understand that there is so much more to learn. You think that your tools are good, but also started to broaden the horizon and started to go deeper into theories, like harmonic trading, fibos, quarter theories, elliot waves, to name a few. You started to realize that part of trading is your own self, you have your ups and downs but your losses are still managable.
You look at many FX pairs, venture into oil, gold, stocks and all. You have your beliefs in your mind, may even tell others that you are to make it soon. You are likely to have developed some bad habits by now.
You have read lots of stuff available on the internet and tried many indicators and EAs. You have your moments but also get frustrated by seeing your account melting down. You think you are close but all facts prove the opposite.
Your trading size could be anywhere between 0.05 to 0.1. Sometimes you go overboard and run into an unexpected losses.
What you will get: All that is available for Group 1 members: please read the content above.
You will start detailing what happens to price and when. Typically you will be able to start realizing what makes you enter a losing position. You will get better at looking at different TFs and still be able to understand what price is doing and why. You will still focus on developing a feel for what and when price can do. You should be able to understand the importance of accumulation, the price cycle, news events, to mention a few. I would not expect you to be able to connect the dots yet as there are just too many and you may feel overwhelmed. But I would expect you to understand the context of price movements.
Group 3 – ADVANCED
You are likely one who has read lots of things, tried lots of indicators, EAs, just to learn that it is hard to trade based on those. You might have lost a significant amount of money due to overconfidence, fear and greed, lack of time to analyze charts, too many positions opened on too many pairs, etc. You do have your moments but ultimately give back all your gains or more to the market. You have been doing this long enough and you may be the only one who still believes in what you are doing. You may have your insights, have some ideas around what is workable and what most likely you should get rid off. However, you have been trading for long enough to have some of the things that do not work stick to you. You might have developed habits that are hard to get rid off and you may feel that you have an internal personal agenda to ruin your life and zero your equity. Might be thinking that you are or you were born a loser. All this causes you to feel frustrated, depressed one day and fully optimistic the next.
You are probably trading with a lot size of 0.1 to 0.5. It means your gains and losses are getting significant, and you may be playing it a bit risky, considering what you can earn from your daily job.
In my opinion, this could be the most promising stage. You have tried everything you could, meaning you have a great amount of chart time, even if not productive financially. You have proved persistence and commitment (assuming you have studied the matter, not just gambled). I am telling you, you now stand a chance.
What you will get: All that is available for Group 1 members: please read the content above.
If not fully understood, you will learn and keep practicing to be able to read the most important elements on the chars and most importantly to react to price movements in an adequate manner. Focus: nature of price movements, accumulation, price cycle, news events, price ranges, stop-outs to mention a few. Here it is more likely that you will soon be ready to scrutinize price movement from LTF to HTF and not lose track of the big picture. It is high time to level up, start taking price for what it is and utilize the knowledge and experience in practicing the implementation of functional trading concepts.
I would expect you to be able to connect the dots so key concepts will be described to you in great details. Most importantly you will understand the importance of level counting and the recognition of price cycles. Likely you will be able to determine price’s current position in the cycle on LTF and HTF. You will be expected to make the quality leap, have great revelations on your own. You may start to become a student of price, taking your development as a trader into your own hand. However, all this may not lead to profit. Not yet.
Group 4 – PROFITABLE
You are able to connect the dots. You understand what to trade, when and how. You are in control, technically and emotionally. You know the nature of price movement and you know the nature of your own self. You are able to take account of yourself and understand what you can do with trading considering your individual circumstances. However, there are still white spots on the chart and you do not always know where and how price will react. You have your weapons and ammo, you have a framework and by applying that framework, price will teach you about its nuances. This is when you start to see the light at the end of the tunnel. All you need is a bit more time and practice. You will start to become more patient, selective, more tactical and strategic and realize that there are many battles taking place on the chart and your attention should be on winning the ones where you stand the highest chance.
What you will get: All that is available for Group 1 members: please read the content above.
You will typically focus on refining your skills (price cycle recognition, price position within the cycle and timing of entry) by being able to apply the framework to charts with considerations to your individual and market circumstances. You will be expected to be able to open a position virtually any time (with considerations to timing, price position and the extent of expected moves). The aim of this group is that you become the student and master of price and make money at will.
Group E – EXPERT
Free for those graduated from the previous group. You will not need my guidance anymore. You will share your observations with people like you, the masters and students of price movements. Or you will go on your own if that is your chosen path. Getting into this group is based on merit and the judgement of group members – only me at the moment.
