Trading Transformation Day 32 - Forex Strategy Creation Part 2

Introduction

Personal and Admin updates:
- Attended Coachella
- Upcoming videos from Coachella
- Gave Rolexes to employees
Focus of video: Trading Transformation Day 32, Forex Strategy Creation Part 2
- Previous lesson: Marking session opens
- Goal: Finish the Forex strategy creation

Key Time Frame: 30-minute chart
Marking:
- Highs and lows from sessions using rectangular boxes
- These areas act as support and resistance
Concepts:
- Session highs and lows respected or swept
- 5-minute break of structure at session highs/lows
- Key confluences: Fair value gap, Equilibrium, Order block, Breaker block

GBP/JPY Example
- Use 30-minute chart to mark highs and lows
- Look for breaks of structure on the 5-minute chart
- Use confluences (fair value gap, equilibrium) before entering trades
- Results: Most trades are dubs, with 1-2 losses
GBP/USD Example
- Similar approach as GBP/JPY
- Fewer interactions and valid trades
- Results: Mixed outcomes with some clear losses
Gold Example
- Convert process to gold trading
- Respect for session highs/lows observed
- Mixed results but overall strategy appears sound when confluences are followed
- Notable Trades: One win, one loss in back-to-back flip scenario

Market Intuition: Use knowledge and experience to avoid taking obvious bad trades
Adapting Strategy: Adjust depending on currency pair or commodity
Margins and Stops: Importance of setting appropriate stop-loss and take-profit levels to ensure viable risk/reward ratios

Focus moving away from structured content to more varied trading topics
Potential topics:
- Trade Recaps
- 10 AM Market Manipulation
- Detailed Investing Strategies
- Liquidity Sweeps
Community Feedback:
- Live trades
- More interactive and practical content