Vraj Forex Masterclass 2.0 PDF
Vraj Forex Masterclass 2.0 PDF
Vraj Forex Masterclass 2.0 PDF
To master it,
it requires knowledge and practice”
WORK SMART, NOT HARD. TRUST YOURSELF.
➢ 4 hour - to identify key levels (once I draw out the levels I do NOT change them when I go to
lower time frame)
➢ 1 hour - I look for behavior at the key levels (wicks, double top, double bottom, etc.)
- My entry time frame
Pairs
➢ The currency pairs I primarily focus on trading:
- AUDJPY AUDUSD CADJPY EURUSD EURJPY
- GBPJPY GBPUSD NZDUDF USDJPY USDCAD
➢ However, I do look at other pairs. If the setup on those pairs is solid, I’ll take the trade.
➢ Keep in mind, my trading plan is intended for forex pairs ONLY. I do not recommend using it
for other markets such as Gold, crypto, oil, indices, etc.
Strategy
➢ Break and Retest
➢ Continuation
➢ Reversal
What I use
➢ Price action and candle stick behavior
➢ I don’t use indicators as they create unnecessary noise, but if you want you can use 50/200
EMA as price do tend to value them.
Patterns I look for
➢ 4H
o Break of structure
o Price unable to break resistance or support (HH HL, LH LL)
➢ 1H
o Multiple wicks at resistance/support
o Double Top/Bottom
o Break and retest of broken structure
➢ 1H
o You can use this for entry purposes
o I personally use 1H only
o Some entry setups will be prettier and easy to spot on 15m than 1H so its personal
Stop Loss
➢ At high of structure
➢ At low of structure
➢ FOR BOTH, always add the spread to the stop loss!!!
o For example, if you took an GBP/JPY trade and your stop loss is 23 pips. And your
average broker spread is 2.7 pips. You want to add 23 + 2.7 which gives you a stop
loss of 25.7 pips. Remember if you use TradingView, it does not show the selling
price.
➢ I will explain later in the document on how to properly place stop loss
Trade Management
➢ Always go for a minimum of 1:3 Risk to Reward
➢ Do not use a fixed lot, risk a certain % of your account per trade
➢ When a trade hits 1:1 in profit, move your stop loss to BE (breakeven)
➢ When a trade hits 1:2 in profit, you can close half position and leave rest running at BE
➢ When a trade hits 1:3, give yourself a pat on the back for executing a successful trade
When I trade
➢ Sessions
o End of Asian session, I look for potential setups.
o I stop trading second half of US session due to volume generally gets reduced
• I avoid trading Asian sessions 95% of the times due to very low volume. And the market
tends to make fake moves.
------ Remember I only trade on higher time frames (4H/1H), so most of my trades I usually hold for
between 5-30 hours depending on the pair------
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For my trading style, I follow a 3 STEP SYSTEM
- Step 1:
o Wait for 4H candle to break AND close above or below a key level
o You can also look for structure to enter (HH HL/LH LL)
- Step 2:
o Go to 1h, look for 2-4 wick rejections of broken key level
o If price fails to retest, look for continuation pattern to enter (HH HL, LL LH)
- Step 3:
o Enter the trade AFTER receiving confirmations
- VERY IMPORTANT, YOU CAN NOT GO TO THE NEXT STEP WITHOUT THE STEP BEFORE IT
BEING COMPLETED
o In trading terms, you cannot go to the 1H without the 4H telling you to go to the
1h.
o The higher time frame is your guide. If your guide doesn’t tell you to go, you don’t
go. Stay on 4h and wait for market structure.
- If you notice that price has made a big push in the market with one 4h candle, look for a
50% retracement and look to enter on a potential LH LL/ HH HL structure.
Continuation
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Reversal
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How I mark my key levels
- I personally like to put my key levels towards the close of the 4H candles
- Close of the 4h candle is the true value area for me
- If you don’t want to use a line, you can also use a box as well
o Very strong rejection. Price made a strong push but heavily failed
▪ Very good confluence when looking for a rejection
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Stop Loss
- Personally, I don’t like my SL too wide
- If I am wrong about my trade, I want to be wrong right away
- The wider your SL is, the bigger your target will need to be
- Now, I do look to make my SL at structure high and structure low
o But if structure is too far wide to my liking, I will place at the close of a candle
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Step 2 of my trading system explained
- Go to 1h, look for 2-4 wick rejections of broken key level
- If price fails to retest, look for continuation pattern to enter (HH HL, LL LH)
➢ What this basically means is that you have 2 different scenarios you can look to enter the
market
o Retest level
▪ Price forming 2-4 wicks at the key level
o Continuation level
▪ Price fails to come back to the retest level. Instead it creates a HH HL, LH LL
structure
▪ Keep in mind, price won’t always come back to the retest level. So it is very
important to adjust to the market and look for opportunities accordingly
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Analysis (4H and 1H)
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Result
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Analysis (4H and 1H)
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Result
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Analysis (4H and 1H)
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Result
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Analysis (4H and 1H)
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Result
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Analysis (4H and 1H)
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Result
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Analysis (4H and 1H)
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Result
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Analysis (4H and 1H)
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Result
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Analysis (4H and 1H)
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Result
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Analysis (4H and 1H)
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Result
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Analysis (4H and 1H)
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Result
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Few more trade to help you understand (only 1h chart)
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Final Notes
- Please be mindful, this is for educational purposes only
- This is my personal trading plan. What works for me, may not work for you
- THIS GOES IN LINE WITH ROCKZ TEACHINGS, PLEASE DO NOT DEVIATE FROM HIS
TEACHINGS.
- Some of the tips I give are my personal advice
Good luck!!
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