Trade Company Money by Day Trade Institute
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A basic trade method with a focus on trading a well defined trend direction.
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This basic trade method will begin to reveal the power, predictability, potential, and profitability of our ~20 year proven indicators and trade system. At the moment you recognize with additional training you could better execute your trades and harvest the full potential of the market, then you need to start training.
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Properly performed, you will win most trades and lose a few, both of which will provide you insight. The purpose at this time is not to be perfect in your trading, but simply to recognize the potential of these indicators to allow you to win in the market. Combined with a Group funded account and expert coaching, this system will bring the extra cash, lifestyle income, and wealth available by day trading. 
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Chartbook Setup
You can build the charts below, or they can be sent to you.
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Downloads – Download the files from Google Drive
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Multiple Currency Pair Charts
View multiple currency pairs at one time to select immediately ready to trade currency  pairs.
15M MM, 30M MM, 60M MM, and 240M Pressure
5 PIP, maybe 10 PIP Scalp Trades
Download from Google Drive 6 multiple currency pair chartbooks.
60M MM, 120M MM, 240M MM, and 240M Pressure
10 – 25 PIP Swing Trades.
Download from Google Drive 6 multiple currency pair chartbooks.
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Trading Chartbooks
Use these individual currency pair chartbooks to more specifically assess trade availability.
240M PRESSURE ONLY (suggest other set)
Consideration
Download the following from Google Drive:
30 chartbook currency pairs are downloadable.  
Get into trades faster by having a chartbook for each currency pair.
240M PRESSURE AND MAJOR-MINOR
Consideration (more market insight)
Download the following from Google Drive:
30 chartbook currency pairs are downloadable.  
Get into trades faster by having a chartbook for each currency pair.
Instructions:
Download – Go to the link above and click on each file.
Save Or Drag
♦  The file will be placed in the “Download (PC or other location for MAC).
♦  Simply save the file or drag the file to the C: / Greenchart / Data folder.
Open – Greenchart will now recognize the file and you can open and use the file.
“Q” File Organization – For the Q1, Q2, and Q3 files you can get them to render properly on your computer screen by simply going to the menu “Windows” and then clicking on the sub-menu item “Tile As Grid – Vertically.”
“XXXYYY” File Organization – Please refer to the video below called “Chart Setup Help Video” to organize the trading file.
Changing Currency Pair In XXXYYY File – Click in the candlestick area / right click / Chart Settings / lower left corner / change the symbol.
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Request – You may also request an email of the files.  Each file is 2 MB.
Call / text (801-680-0516) or email (Ralph@TradeCompanyMoney.Com).
Save attachment to – C: / Greenchart / Data folder. Then go to Greenchart / File / Open Chartbook for access.
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Video Explanation
The following video provides an explanation of this basic trend trading method.
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Trade Instruction Video
A 240M PRESSURE ONLY focus based video.
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38 minute video with the following segments:
 [ Click Here ]  –   0m00s – Intro and reasons to trade.
 [ Click Here ]  –   1m37s – Selecting tradeable currency pairs.
 [ Click Here ]  –   4m55s – Tradeable 240M pressure.
 [ Click Here ]  – 11m07s – Currency pair selection for this example.
 [ Click Here ]  – 12m16s – EURGBP trade example.
 [ Click Here ]  – 19m20s – EURUSD trade example.
 [ Click Here ]  – 26m26s – GBPAUD trade example.
 [ Click Here ]  – 35m50s – Massive Forex market and powerful proven trade system.
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Chart Setup Help Video
 [ Click Here ]  –   0m00s – Chart areas and charting introduction.
 [ Click Here ]  –   2m36s – Requesting, saving, and opening charts.
Save to your computer’s c: / Greenchart / Data folder.
 [ Click Here ]  –   5m04s – Multiple currency pair chart organization.
 [ Click Here ]  –   5m58s – Trading chart organization.
 [ Click Here ]  – 11m48s – Saving charts for other currency pairs.
 [ Click Here ]  – 14m30s – Buy and sell strategy and strength indicators.
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Rules On Chartbook
These are the rules seen on the Chartbook in the video.
TREND TRADE RULES – Qualify currency pair. Find, set, and forget the trade. Trade more, go to work, …
1 – TRADEABLE PAIRS – Currency pairs with a 120M MM direction aligned with a tradeable 240M Pressure (P) trend?
2 – MAJOR-MINORS (MM) – The 120M MM and 60M MM are beyond the OB or OS, turning, and touching the OB or OS.
3 – TRADE TRIGGER – Ideally all or most of the 30M, 15M, and 5M MM are OB or OS and turning (less crossing better).
4 – SET TAKE PROFIT – Strong 240M P Trend – 25 PIPs / Typical 240M P – 20 PIPs / Riskier 240M P Trend – 15 PIPs
(situationally +/- 5 to +/- 10 PIPs and inside nearby support (S) or resistance (R)). (Coaching)
5 – SET TRADE PROTECTION (Stop Loss) – ~25 to ~35 PIPs outside nearby Support or Resistance. (Coaching).
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COUNTER-TREND TRADE RULES (plus above) – Adds ~ 50% more trades. Riskier, but profitable with proper setup.
– Tradeable with less risky 240M Pressue being flatter (closer to 0 better) and more divergent (wider better).
– Take half of the usual “Take Profit.” Usually 10 PIPs, but situationally +/- 5 PIPs and inside S or R.
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MAX PROFIT – From OB/OS 120M in pressure direction, let run, when in OS/OB and bends, then exit.
(General trade rules of thumb – Let profitable trades run longer. Manage bad trades sooner.)
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Trend Trade Data Examples – 42 Trades
Video Trades
The video above used the EURGBP, EURUSD, and GBPAUD currency pairs as they are the least volatile, most traded, and most volatile.
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Download Trades
The downloadable document shows trades randomly taken by placing all available trades for the first two weeks of August, 2017.
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This example used the EURUSD and GBPAUD currency pairs. The EURUSD is the most traded currency pair. The GBPAUD is the currency pair with the widest average daily PIP range. Both provided a good basis for this example.
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You may use this video or downloadable data to see tradeable trend and tradeable counter trend trades to mimic or practice your own trades. The time used is UTC time or a universal market time.
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Find the trade. / Set Take Profit. / Set Stop Loss (or hedge) / Walk Away.
42 Trend Trades / 41 Wins / 1 Loss
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Method Guideline Summary
The following are the basic rules of trading this simple method of finding a trade, setting a trade, and letting it run for a profit.
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Trend Trading
(Summary – Details Below)
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Qualify a currency pair. Find, set, and forget the trade. Find other trades, go to work, …
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1 – TRADEABLE CURRENCY PAIRS – Quickly scan dozens of currency pairs from the multiple currency pair charts with a 120M Major-Minor Indicator direction that agrees with a 240M Pressure Indicator direction. Such as, both are upwardly directed or both are downwardly directed.
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2 – OPEN TRADEABLE CURRENCY PAIRS – Write down and open the select currency pairs in separate Trend Trade Chartbooks.
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3 – TRADE DIRECTION – Trade the direction of the 120M MM above the OB or below the OS.
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4 – TRADE VALIDATION – When the 60M MM agrees with the 120M MM, and ideally also the 30M MM, 15M MM, and 5M MM.
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5 – TRADE TRIGGER – If possible, place trade with the best agreement of 5M and/or 15M in the OB for a sell and the OS for a buy.
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6 – SET TAKE PROFITStrong trade – 25 PIPs, Typical Trade – 20 PIPs, and Riskier Trade 15 PIPs. Increase or reduce based on trade circumstances, relation to support and resistance, and personal preference.
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7 – ALWAYS SET TRADE PROTECTION (Stop Loss) – ~35 PIPs and best when placed in relation to support or resistance.
Counter-Trend Trading
(Summary – Details Below)
Often the 120M Major-Minor Indicator will be oppositely positioned from the 240M, 120M, and other Pressure Indicators. 50% more profitable trades are available with appropriate Counter-Trend Trading against the 240M Pressure Indicator.
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Qualify a currency pair. Find, set, and forget the trade. Find other trades, go to work, …
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This is a riskier trade, but need not be too risky if the proper conditions are identified and a little less take profit accepted.
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1 – TRADEABLE CURRENCY PAIRS – Quickly scan dozens of currency pairs with a 240M Pressure that is less than 45° and weakening in the opposite direction as the 120M Major-Minor Indicator. See below and see the Pressure Example tab for specific 240M Pressure Indicator tradeability details.
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2 – OPEN TRADEABLE CURRENCY PAIRS – Write down and open the select currency pairs in separate Trend Trade Chartbooks.
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3 – TRADE DIRECTION – Trade the direction of the 120M MM above the OB or below the OS.
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4 – TRADE VALIDATION – When the 60M MM agrees with the 120M MM, and ideally also the 30M MM, 15M MM, and 5M MM.
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5 – TRADE TRIGGER – If possible, place trade with the best agreement of 5M and/or 15M in the OB for a sell and the OS for a buy.
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6 – SET TAKE PROFITStrong trade – 20 PIPs, Typical Trade – 15 PIPs, and Riskier Trade 10 PIPs. Increase or reduce based on trade circumstances, relation to support and resistance, and personal preference.
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7 – ALWAYS SET TRADE PROTECTION (Stop Loss) – ~35 PIPs and best when placed in relation to support or resistance.
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Method Details
Trend and Counter-Trend Trading will be comingled in the discussion that follows as they are so prevalent as trade strategies.
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Trades
BUY Trades

1. 240M Pressure Tradeability (Pressure Angle Shown):**

25 PIPS    Strong Buy        45° to    90°
20 PIPs    Typical Buy          0° to    45°
15 PIPS    Riskier Buy      – 45° to     0° ***
  0 PIPs     No Buy Trade  – 90° to – 45°
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More Conservative and Sure Take Profit:
• Trade more situationally (coaching)
• Use 0 / 10 / 15 / 20 PIPs.
• Or use 0 / 5/ /10 / 15.
• Skip any trade that feels out of sorts.
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** Other Take Profit Determination:
• Trade more situationally (coaching).
• -5 PIPs or +5 PIPs situationally.
• Click close at max, if session allows.
• 5 – 10 PIPs is an emotional bump.
SELL Trades

1. 240M Pressure Tradeability (Pressure Angle Shown):**

25 PIPs    Strong Sell       – 45° to – 90°
20 PIPs    Typical Sell           0° to – 45°
15 PIPs    Riskier Sell         45° to     0° ***
0 PIPs      No Sell Trade      90° to  45°
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More Conservative and Sure Take Profit:
• Trade more situationally (coaching)
• Use 0 / 10 / 15 / 20 PIPs.
• Or use 0 / 5/ /10 / 15.
• Skip any trade that feels out of sorts.
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** Other Take Profit Determination:
• Trade more situationally (coaching).
• –5 PIPs or +5 PIPs situationally.
• Click close at max, if session permits.
• 5 – 10 PIPs is an emotional bump.

 

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Buy And Sell Trend Trading
(Continuation From Step 1 Above)

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2. 120M Major-Minor condition:
Buy – Below the Over-Sold an turning upward.
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Sell – Above the Over-Bought and turning downward.
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3. Place Trade:
Buy – When the 60M is also below the Over-Sold and turning up.
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Sell – When the 60M is also above the Over-Bought and turning down.
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The more of 30M, 15M, and 5M are in the OS and turning up the better, especially the 30M.
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4. Take Profit – Two Considerations or Methods
(1) Set as outlined in Step 1.
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(2) Set around the Step 1 value, but INSIDE the nearest resistance (buy) or support (sell) line (drawn, pivot point, etc.). May result in being a little further or closer from the entry price.
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5. Stop Loss – Two Considerations or Methods
(1) Set at 35 PIPs.
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(2) Set around 35 PIPs, but OUTSIDE the nearest resistance (buy) or support (sell) line (drawn, pivot point, etc.). May result in being a little further or closer from the entry price.
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6. Walk Away – Trust your trade and let it run either to profit or loss.
Buy And Sell Counter-Trend Trading
(Continuation From Step 1 Above)

1. Counter-Trend Trading *** (continuation from Step 1)
•  For buy and sell trades.
•  Riskier, but profitable with modulated trades.
•  Some divergence in the Pressure lines is needed.
•  With more flat directional pressure (closer to 0 degrees best) and also best with pressure indecision.
•  Take half of the usual “Take Profit.”
•  See Major-Minor Trading for details about a tradeable counter-trend trade.
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2. 120M Major-Minor condition:
Buy:
AT LEAST one Green or Red line touches the OS Red Line.
AND a Green Candle has recently shown or posted (Meaning a slowing in down momentum or willingness to change direction).
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Sell:
AT LEAST one Green or Red line touches the OB Blue Line.
AND A Red Candle has recently shown or posted (Meaning a slowing in up momentum or willingness to change direction).
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3. Place Trade
Buy – The 60M needs to also be touching or crossing the Over-Sold, but be increasingly concerned if it increasingly crosses past 50% of the channel.
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Sell – The 60M needs to also be touching or crossing the Over-Bought, but be increasingly concerned if it increasingly crosses past 50% of the channel.
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The more of 30M, 15M, and 5M are in the OB and turning down the better, especially the 30M.
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4. Take Profit – Two Considerations or Methods
(1) Set as outlined in Step 1.
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(2) Set around the Step 1 value, but INSIDE the nearest resistance (buy) or support (sell) line (drawn, pivot point, etc.). May result in being a little further or closer from the entry price.
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5. Stop Loss – Two Considerations or Methods
(1) Set at 35 PIPs.
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(2) Set around 35 PIPs, but OUTSIDE the nearest resistance (buy) or support (sell) line (drawn, pivot point, etc.). May result in being a little further or closer from the entry price.
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6. Walk Away – Trust your trade and let it run either to profit or loss.
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NOTE – Total Trade is from the start of the trade until the price turns back. Meaning the maxium a take profit would have cleared.
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NOTE – In Counter-Trend Trades do consider the totality of Pressure sentiment of the Daily, 204M, 120M, and even the 60M Pressures if they are tight and strongly down or opinionated. If they are, then just wait for another trade.
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NOTE – Strongly opinionated indicators tend to win no matter when they show up in these long time frames, with specific attention usually with the 240M and 120M indicators.
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Maximizing Profits
There is a general rule of thumb for successful trading, that is:
♦  Let profitable trades run longer.
♦  Manage bad trades sooner.
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When possible (your time permits, trade conditions, etc.) let winning trades run long when in profit.
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Specifically with the Major-Minor Indicator:
♦  From Over-Bought (OB) or Over-Sold (OS) 120M in pressure direction.
♦  Let run.
♦  When the Major-Minor Indicator bends in the OS for a sell trade and OB for a buy trade.
♦  Exit the trade manually of from a properly placed “Take Profit” setting.
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Trade Perspective
There are a couple of ways of trading these charts.
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1.  Trading Cyclical Market Emotion (small arrows below) – This trading acknowledges that within a more market driven trade cycle, there will be smaller emotional cycles simultaneously occurring in the market. These occur more frequently and can be observed by focusing on the 30M and 15M indicators. Expect more of 3 PIPs to 8 PIP, maybe 10 PIP trades.
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2.  Trading The Market (bold arrows below) – The below method focuses on trading the market or more of a factually based market trade. The market can be emotional at anytime, but this method focuses on more technical and factual based market driven trades. Meaning these trades are being based more on the 120M and 60M cycle. Expect more of a 10 PIP to 20 PIP trade.
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This is a basic first trade methodology. It does not include the TNT and other indicators. These other trade considerations and indications will be introduced during your 1-to-1 live online expert coaching.
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When you recognize the potential of this proven day trading system that provide ~90% trade success for thousands of other, begin determining the coaching program that will maximize your day trading success and being assembling the needed tuition.