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How to Catch Huge Market Moves - System The High ROI Trading End of Day System Pyramid Your Trades to Profits Control Your Inner Trader Overcome Your Fear in Trading How to Stop Over-Trading

Jul 21, 2018

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  • HowtoCatchHugeMarket

    Moves

  • byLRThomas

    http://10xroitradingsystem.comhttp://10xroitradingsystem.com/the-

    ebooks

    http://10xroitradingsystem.comhttp://10xroitradingsystem.com/the-ebooks

  • AllRightsReserved.Nopartofthispublicationmaybereproducedinanyformorbyanymeans,includingscanning,photocopying,orotherwisewithoutpriorwritten

  • permissionofthecopyrightholder.CopyrightLRThomas2014OtherBooksWrittenbyL.R.ThomasMarketRhythms

    The10XROITradingSystem

    http://www.amazon.com/dp/B00QNZG802http://www.amazon.com/10XROI-Trading-System-LR-Thomas-ebook/dp/B00GMLWZIG

  • TheTradeAroundYourJobSystemTheHighROIScalpingSystem

    TheHighROITradingEndofDaySystemPyramidYourTrades

    toProfitsControlYourInner

    Trader

    http://www.amazon.com/Trade-Around-Your-Job-System-ebook/dp/B00GOEMHC0http://www.amazon.com/High-ROI-Scalping-System-ebook/dp/B00H3R70J2/http://www.amazon.com/High-ROI-Trading%C2%A0-End-System-ebook/dp/B00IOWTBNShttp://www.amazon.com/Pyramid-Your-Trades-Profit-Thomas-ebook/dp/B00HB5N6V2/http://www.amazon.com/Control-Your-Inner-Trader-Thomas-ebook/dp/B00GN4M6UY/

  • OvercomeYourFearinTrading

    HowtoStopOver-Trading

    http://www.amazon.com/Overcome-Your-Fear-Trading-Thomas-ebook/dp/B00IMQLKAIhttp://www.amazon.com/How-Stop-Over-Trading-LR-Thomas-ebook/dp/B00JRDAQVY

  • TableofContents

    1.WhyYouShouldGoFortheHugeMoves2.WhyShouldYouListentoMe3.UsingCompoundingandPyramidingwithHugeMovesforQuantumGrowth4.ExampleOne

  • ...EUR/CADTradeMultipleEntries5.ExampleTwo..AnotherEUR/CADTradeMultipleEntries6.ExampleThree...AnotherEUR/CADTradeMultipleEntries7.ExampleFour...EUR/JPYMultipleEntries8.ExampleFive..GoldMultipleEntries9.ExampleSix..Day

  • TradingExamplesontheEUR/USD10.CatchHugeMovesWithAScalpEntry11.Conclusion12.Resources

  • WhyYouShouldGoFortheHuge

    MovesIfyoudoanysortofresearchabouttrading,theconsensusseemstobethatalotoftheprofessionaltradersfollowthe80/20rulewhenitcometotheirprofitabletrades.Thatis,mostoftheirtradesareeitherlosersorsmalltomediumsizedwinnersanditisthebig

  • monstertradesthatmakeupforthemandaddthenecessaryprofits.Thisbookisallabouthowtofocusonandspendyourtimecatchingthebigmovesintheforexmarketorindeedanyothersuitablemarket.Ifyoulikenittofishing,nolongerwillyouspendyourtimewithyournetcastwidetakingeveryspratormackerel.No,youaregoingafterthebigkahunaoffish,theswordfishorAlaskasalmon.Fishyanalogiesaside,themessage

  • isthatyougetwhatyoufocuson.Ifyouarefocusingoncatchingeverylittlemovethemarketmakesthenyouwillgetthosetypeofresults,smalluncertainrewardswithnobigpaydaystomakeupforthelosses.Howeverifyouonlyfocusongettingthebigrewards,youwillstillhavelossesbutyouwillknowthatyouwillbeperfectlyplacedtotakeadvantageofthebigmoveswhentheycome.Inordertounderstandthe

  • examplespresentedthroughoutthisbookyouneedtohaveabasicunderstandingoftechnicalanalysis,howeverthetechniquesareverysimpleandeasytounderstandastheyarebasedonusingmultipletimeframescombinedwithchartpatternsandsupportandresistance.

  • WhyShouldYouListentoMe

    WellthetruthisyoushouldonlylistentomeifyourinnervoiceconfirmswhatIamsaying.Therearealotofmixedmessagesinthetradingarenaanditiseasytobecomeconfusedandhopfromsystemtosystem.IknowwhereofIspeak

  • becauseIhavebeentradingnowfornineyearsandhavetakenhundredsofcourses.IntheendhoweverIhadtolistentowhatcommonsensewastellingme.Whatmakesthemostsense?fightingitouteverydayforafewpointshereandthereandmissingthebigmovesbecauseIwasunabletofocusenoughtocatchitintime?

  • Orputtingeverythingelseasideanddecidingtoonlyspendmytimeoncatchingtradesthatofferedthebestopportunitiestoprofitinthemarket.TheanswerwasobvioustomeandifthatmessageresonateswithyouthenthismaybethemostimportanttradingbookyoueverreadandIdon'tsaythatlightly!

  • Inthisdayandageofhundredsofthousandsofsourcesofinformationallfightingforourattentionitiseasytogetdistracted.Howeverintradingifyouwanttosucceedyouhavetopickatradingmethodologythatsuitsyouandmakessensefromamathematicalstandpoint.AsyoureadthoughthisbookIleaveituptoyoutodecide

  • ifwhatIamsayingmakessense,andifitdoesthenmakethedecisiontofocusonlyoncatchingmovesthatareworthitinordertofulfilyourdreamofmakingitasaprofitabletrader.

  • UsingCompoundingandPyramidingwithHugeMovesforQuantumGrowth

    Anotherreasonthatisimportanttogoforthebigmoves,isthatinordertoreallybuildyouraccountyoumaywanttouseacompoundingtypeofmoneymanagementand/orpyramidingtechniquestomultiplyyourprofits.

  • (Detailsofthesetechniquescanbefoundinmyotherbooksintheresourcesection)Inordertousepyramidinginyourtradingyouneednicelongrunssoyoucanhavespacebetweenyourtradestobuildupyourprofitsandreduceyourriskbeforeyouaddtothetrade.LikewiseifyouareusingadvancedmoneymanagementtechniquesyougetthemostbangforyourbuckifyouhaveaveryhighROI,(ReturnonInvestment).Naturally

  • youwanttocombinethesefactorswithashighawinrateaspossible.Nowwhileyoucan'tensureahighwinratethereisonefactorwhichhelpsalotandthatistrademomentum.Ifyouaretakingatradeandyouareusingthehourlychartforentrybutyouhavethemomentumofthehighertimeframesbehindyou,thenitisalotmorelikelythatyourtradewillactuallymovetoitstakeprofit.Ifyoucancombinethemomentumwithusingtradingtechniquesthat

  • allowyoutoreallynarrowdownyourstoplossareatofindthehighestprobability,lowestriskentriesthenthatreallyisasgoodasitgetsintrading,thatistherealtradingholygrail!Thesetechniquescanbeusedinanymarketbuttheyarebestusedinmyopinionina24hourmarket,suchasForex,Gold,Indicesetc.Thereasonisthatyoudon'twanttoendurebiggapsinyourtrading,particularlywhenyouareusinghighleverage.

  • Itisalsoimportanttonotethatthetermbigmoveisdifferentdependingonwhattimeframeyouarefocusingyourtradingon.Apositiontraderwillcallabigmove5000pointsormore,anendofdaytraderanythingfrom500to1000points,aswingtrader200to500pointsandadaytrader70to200points.Iamgoingtoshowyouhowtolookforthesetypeofmovessothisbookisapplicablewhatevertimeframeyoutrade.Sowhatisthisbookabout?This

  • bookwillshowyouhowtopredictandenterthebigmoves.MyexamplesarefromtheForexandGoldmarkets,howeveryoucanapplythesetechniquestoanymarketthatofferscleantechnicalpatterns.Thekeymessageofthisbookhoweveristhatyouneedtoabandonthetypeoftradingwhereyouwaitfortradeseverydayasifyouwerewaitingforabusandinsteadyoutakeaviewthatyouaregoingtostalktradesasifyouwereabiggamehunter.Youturn

  • intoastrategictraderwhereyourentirefocusisonfindingthehighestrewardtrades.Thereasonthisisimportantbecauseyousimplycan'tdoitallintrading.Inordertobesuccessfulatsomepointyouaregoingtohavetomakeachoice.Ifyouarenotcutouttobeascalperwhoentersandexitsthemarketmultipletimesduringtheday,(andmostpeoplearent)thenthisbookisapplicabletoyou.SoletsgetonwithsometradeexamplessoyoucanseeexactlywhatImean.

  • ExampleOne...EUR/CADTradeMultipleEntries

  • IntheimageaboveyouseeamonthlybreakoutontheEUR/CADpair.ThismovetookplacebetweenJanuaryandMay2010.Thebreakisacombinationbetweenamonthlytrendlinebreakandbreakofmonthlysupport.Thegreyedoutareaistheareathatwillhaveahugeamountofmomentumduetothebreakout.Thereasonisthatthehigherthetimeframeyougothebiggerandstrongerthemove.Sohowdoyoucapturethismomentum?

  • Theansweristousethelowertimeframestofindsafepointsofentry.Seethenextcharts.

  • Inthechartabovethegreyedareashowswherewewouldbelookingforshortentries.ThisisadailychartontheEur/Cad.Wearedroppingdowntothedailycharttolookforpatternsandareasofsupportorresistancetohelpnarrowdownsomesafeareastoenter.

  • AboveisthesamecharthoweverIhavenowputintheupperandlowerbrowndashedlineofthemonthlybreakoutlineandsupportlevel.Youalsoseethatthedailycharthadformedadownwardslopingchannelbetweenthetwo.Thedownarrowshowsaclassicsidewaysdojicandlesentrypatternatthethirdbounceoftheupperchanneltrendlineandthetakeprofitwaseasilyhitatthelowerchanneltrendlinewhichalsocoincidedwiththelowerdashed

  • brownlineofthemonthlysupportlevel.Theentrycandlesfellonthe26thorthe27thofJanuary2010.Thestoplosswouldhavebeenabovethepincandlejustunderthedownarrow.Inthiswayyoucanseehowamonthlychartcanbeusedtodeterminemomentumandanendofdaycharttopickyourlowestriskandhighestrewardspotforentry.Inthissituationthechoicewouldbetotakeprofitsattheoppositesideofthedailychannelorthebrowndashed

  • monthlysupportlevel.Thetrickistousethesetimeframestogetherwithchartpatternscombinedwithcandlepatternswithinthemonthlysupportandresistance.

  • Therewerefurtherentriesintothismove(seenextchart),inthischartyoucanseeagreendottedlinemarkedbythedownarrowthatformsanentryfora10XROIPush-Pulltradeonthe1stofFebruary2010.(The10XROITradingSystembookisinreferencesectionattheendofthebook.)HereisalinktoavideothatexplainsthePush-Pullentry.http://10xroitradingsystem.com/pushpull

    http://10xroitradingsystem.com/pushpull

  • Theideasbehindthistypeoftradeistodropdowntothehourlychartandreallyfinetuneyourentryusinghourlytechnicalanalysis,trendlinebounces,andbreaksofhourlysupportforentries.Yourexithoweverwouldremainthesameasonthepreviouschart.ThisishowwecapturethebigmovesandgetahighROIintothebargain.Wewouldswitchbacktotheendofdaycharttomonitorthemoveuntilthetakeprofit.

  • ExampleTwo..Another

    EUR/CADTradeMultipleEntries

    HereisanotherexampleofhowtocatchahugemovestillusingtheEUR/CADpair.Youcanseethattherewasastrongmonthlyresistancezonewhichwasbrokeninastrongmoveupbetween

  • November2013andMarch2014.Thepricethenformedahugedojipincandleandreversedoffthehigherbrowndashedmonthlyresistancelinebackdowntopreviousmonthlybrokenresistancezonenowturnedsupport.ThedownmovetookplacebetweenMarch2014toSeptember2014.Thetwoshadedareasbothupandthendownofferhugemoveopportunities.Againwearetakingadvantageofthemonthly

  • momentumandlookingforentriesusingthelowe