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

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