MMT Rojan

MindSet
● Proper Risk management /risk to reward /SL.
● Think long term (Be consistent)/Commitment.
● Develop your own trading rules, rather following strategy.
● Keep record of trading, learn from own mistake.
● Do not compete with others instead prepare yourself.
● This is not a race, just cause some don’t make it doesn't mean you can't.
● PATIENCE IS THE KEY TO SUCCESS

Who runs the Forex Market ?
● Central Banks
● Big banks
● Hedge funds
Market Maker are one who controls the Market.

How to Understand Market Makers Move ?
Understand 3 objectives of Market Maker
● Objective 1: Induces Traders To Take Position
● Objective 2: Create Panic And Fear To Get You To Think Irrationally
● Objective 3: Hit The Stops, Clear The Board . . Take Money Away
Limitation
Market Makers have limitation and have to follow them;
● Movement of 200 pips per day / 600 pips per week.
● Follow Certain Pattern and keep on repeating.
They have a goal to make as profit as possible
● Induce traders to take false trades hit the Stop and take money away.
Session,Type, Timing & Indicator
Market Maker are active during London Session and New York Session.
Asian Session London Session New York Session

3:45 am - 12:45 pm 12:45 pm - 6:45 pm 5:45 pm - 11:45 pm
Type 1 Type 2 Type 3
Indicator to divide session: FXN - Asian Session Range

Market Maker Trading MindSet
● We trade on Second Leg of Pattern formed by London Session.
● We trade on trend continuation or correction on New York Session.
● Your Eyes & Understanding are two best indicator to beat the market
maker.
Every Strategy will change with time but system never

changes.
We are following system.

What is a Candlestick ?
● Candlesticks are formed using the open, high,
low and close of the chosen time frame.
● If the close is above the open, the candlestick

is bullish.
● If the close is below the open, the candlestick is

bearish.
Candlestick Pattern Confirmation
Shift Candle
Bullish Shift Candle :
● Single Green candle with 10+ pip.
Bearish Shift Candle :
● Single Red candle with 10+ pip.

Rail Road Track
Bullish Rail Road Track :
● Bearish Candlestick followed by bullish candlestick.
Bearish Rail Road Track :
● Bullish Candlestick followed by bearish candlestick.

Morning Star
Considered as bullish reversal pattern, which often occurs at

the bottom of a downtrend,consists of three candlesticks:
● The first candlestick is bearish which indicates that

sellers are still in charge of the market.
● The middle candle can be bullish or bearish.
● The third candle is a bullish candlestick, which holds a

significant trend reversal signal.
Evening Star
Considered as a bearish reversal pattern that usually occurs

at the top of an uptrend, consists of three candlesticks:
● The first candle is a bullish candle.
● The middle candle can be bullish or bearish.
● The third candle is a large bearish candle which holds the

bearish version of the morning star pattern.
Cord Of Wood (COW)
● If it’s for BUY

It will start with bearish candle followed by bullish ,
bearish and finally bullish candle giving us
indication market is ready to go up.
● If it’s for SELL

It will start with bullish candle followed by bearish ,
bullish and finally bearish candle giving us
indication market is ready to go down.
Cow normally appears on Higher high or lower low.

Engulfing Candlestick
Bullish Engulfing :
● Small Red candlestick followed by large Green

candlestick.
Bearish Engulfing :
● Small Green candlestick followed by large Red

candlestick.
The Pattern
● Reversal Footprint of Market Maker is “The Pattern”.
● Intraday Pattern is found at High Of Day or Low Of Day.
● Pattern will tell us the direction for the session or the day.
M & W Pattern
Rules for Confirmed M/W Pattern
● Outside Structure with Vector (1st Leg).
● Price will come below/above 13 EMA to

create Centre of the Structure.
● Price will go up/down close above/below 13 EMA.
● Wait for price close below/above 13 EMA. Closed

Above
13 EMA
Str tside
e
● Enter with Candlestick Confirmation. Entry
tur
uc
Ou
Closed
Below 13
EMA
** Go through chart and find Confirmed W Pattern. **
Advanced M/W Pattern
● Only difference between

Confirmed and an Advanced
M/W pattern is that Advanced
patterns doesn’t close below or
above the 13 EMA but will
consolidate in a 25 pips or more
range before shifting back
through 13 EMA, not creating the
clear centre of pattern.
Entry
Where we can find these patterns ?
● At High Of Day(HOD) and Low Of Day(LOD).
● In Level 3 reversal zones.
● After Market Maker hit the stops above or below the Asian
Box.
● After Average Daily Range(ADR) has been met or exceeded

for the day.
** Go through chart and find Advanced W Pattern. **
What is Half Batman Setup ?
● Incomplete M or W pattern can be taken as Half

Batman pattern.
● Market Maker follow the Steps of M/W pattern

but leave the Trapped volume intact without
coming back to the extreme high or low which
results is formation of Half Batman Pattern.
● Market Maker doesn’t hit the stops above/below

the 1st leg because the trapped volume is higher
than if they want back to the High or Low and
released the trapped volume.
Rules for Half Batman Type 1
● Outside structure is the 1st leg.
● Price close below/above 13 EMA.
● Price go back above/below the 13 EMA to

challenge the 1st leg.
● Price fails to reach 1st leg by 10 pips or more.
● Wait for the Shift Candle.
● Shift Candle Should close below/above the

centre of pattern . . . . .TAKE TRADE
** Go through chart and find Half Batman Type 1 for W pattern **
Rules for Half Batman Type 2
● Outside Structure is the 1st leg.
● Price close below or above the 13 EMA.
● Price willnot go back through 13 EMA.
● Wait for the Shift candle(Seeing ADR).
● The Shift candle should take out Nadir or Apex . . . TAKE THE TRADE
** Go through chart and find Half Batman Type 2 for Rise **
THANK YOU !!

MMT Rojan

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What are the main objectives of market makers?

What are the main objectives of market makers?

What are some candlestick patterns discussed in the document?

What are some candlestick patterns discussed in the document?

MindSet

● Proper Risk management /risk to reward /SL.

● Think long term (Be consistent)/Commitment.

● Develop your own trading rules, rather following strategy.

● Keep record of trading, learn from own mistake.

● Do not compete with others instead prepare yourself.

● PATIENCE IS THE KEY TO SUCCESS

Market Maker are one who controls the Market.

● Objective 1: Induces Traders To Take Position

● Objective 2: Create Panic And Fear To Get You To Think Irrationally

● Movement of 200 pips per day / 600 pips per week.

● Follow Certain Pattern and keep on repeating.

They have a goal to make as profit as possible

Asian Session London Session New York Session

Type 1 Type 2 Type 3

Indicator to divide session: FXN - Asian Session Range

● We trade on trend continuation or correction on New York Session.

Every Strategy will change with time but system never

We are following system.

● If the close is above the open, the candlestick

● If the close is below the open, the candlestick is

Bullish Shift Candle :

● Single Green candle with 10+ pip.

Bearish Shift Candle :

● Single Red candle with 10+ pip.

Bullish Rail Road Track :

● Bearish Candlestick followed by bullish candlestick.

Bearish Rail Road Track :

● Bullish Candlestick followed by bearish candlestick.

Considered as bullish reversal pattern, which often occurs at

● The first candlestick is bearish which indicates that

● The middle candle can be bullish or bearish.

● The third candle is a bullish candlestick, which holds a

Considered as a bearish reversal pattern that usually occurs

● The first candle is a bullish candle.

● The middle candle can be bullish or bearish.

● The third candle is a large bearish candle which holds the

● If it’s for BUY

● If it’s for SELL

Cow normally appears on Higher high or lower low.

● Small Red candlestick followed by large Green

● Small Green candlestick followed by large Red

● Reversal Footprint of Market Maker is “The Pattern”.

● Intraday Pattern is found at High Of Day or Low Of Day.

● Outside Structure with Vector (1st Leg).

● Price will come below/above 13 EMA to

● Price will go up/down close above/below 13 EMA.

● Wait for price close below/above 13 EMA. Closed

● Only difference between

● At High Of Day(HOD) and Low Of Day(LOD).

● In Level 3 reversal zones.

● After Average Daily Range(ADR) has been met or exceeded

● Incomplete M or W pattern can be taken as Half

● Market Maker follow the Steps of M/W pattern

● Market Maker doesn’t hit the stops above/below