TRADING aU af YOUTH FX RIS INGE Candlestick Basics A. DCT STT OL ec eee ues Rear ence) Ted eM a orc Metre Coa Indecision candle caeene eakee a Bulls and bears equal. er eats ieee cig Crees Wick rejection candle fer Tiel BER OM lt eke 8 Cl) level. Price is likely to reverse or continue. Bullish Momentum a Emeg Pc) eee Ch Ce Peng EET Cul) ety Ce aa Less Bearish eeA Candlestick Pattern Lf L=7.tsj [os] NEUTRAL Pree Closing Price | eRe | opening Price CL a Cuecca or fate Li —n TTL a Ld BULLISH SINGLE CANDLE PATTERNS ens ee ay ern Ce Bearish Cenc oii Sr) cr | Pai nhc) ee ple] U) 1h er UMN} PE mc A Cae TT eC ST A ee ee Sis Je=cer\) Pec) Da ee CT ore cee ni) rd Ca a Bal Loe Po CoS aa aS coin ort Star CONFIRMATIONS at cor Ad Raters rei eary Rect ey recto i 6 ' "1,A Candlestick Confirmation PA Always wait for price action to confirm your trade idea. Multiple retests for a strong confirmation. arn Top "1 ne retest Se ENTRY ‘ serves aati) YS era d no candlestick eanDivergences TYPES OF DIVERGENCES WN YOUTH FX Bullish Divergence Strong ais) (ORT E TC NW Cetol TUT an) titel} rere lcg Hidden itty fortesE Supply and Demand ri PATTERNS CHEATSHEET REVERSAL PATTERNS DROP-BASE-RALLY RALLY-BASE-DROP BULLISH REVERSAL SaaS y 8G DEMAND iTS) CONTINUATION PATTERNS RALLY-BASE-RALLY DROP-BASE-DROP BULLISH REVERSAL ETS RAS Cy 10) The DEMANDChart Patterns ria 12) 5172) C0) 08 ed | Nn 8 REVERSAL DOUBLE BOTTOM TRIPLE BOTTOM Deas FALLING WEDGE HEAD &SHOULDERS — RISING WEDGE else) CONTINUATION 1p BULLISH FLAG BULLISH TRIANGLE cae BEARISH TRIANGLEA Chart Patterns A RETEST CHEAT SHEET REVERSAL eae FALLING WEDGE HEAD & SHOULDERS _— RISING WEDGE Teele ior) CONTINUATION i FALLING WEDGE BULLISH PENNANT RISING WEDGE Se URES ae) PRES E ea iTV BEARISH TRIANGLEFibonacci rh RETRACEMENTS AND PROJECTIONS UPTREND FIBONACCI In an uptrend start drawing from the swing low to the swing high. Wiese test Canad the 0.618 and 0.50 retracement. eter aoa Dect nen a sce DOWNTREND FIBONACCI In a downtrend start drawing from the swing high to the swing low. WVieaste et Eau a Ce! MORIN rere ura Be Te Tu ale elm Slo Projections for Exits. YOUTHF Pies eect) ee TP 2. Swing high ron My | Been St tre i ere Gorey oI) Our Tn i a ae soo eg 2 Cr Exes 38.20% rere ed eee ea ansrh 4 Market Phases YOUTH FX RETRACEMENTS AND PROJECTIONS el ey Peetu Og ec Pec od Cy Pg Ice tots Pret eo Dont Ec) eeu cur} Ceres) tele) eee pene Pe Eee! ect) BES enceE Risk Reward Ratio V4 CALCULATE YOUR TRADE SIZE Set a fixed win ratio for ner owned goeuine “ ‘in Ratio Requiret UA eRe Se eee rt aera) it. You can be profitable even with a negative ST eke Most traders use a risk reward ratio between 1:5 and 1:2. — YX * Don't exit trades to early Ex * Always set your stoploss * Trail stoploss when in profits ©) STOP LOSS cm > +i ——_Forex Pairs ria CORRELATIONS CHEAT SHEET It's good to know which pairs are likely to move together. Inversely pairs can be used for hedge postions. SAME DIRECTION MOVING PAIRS 4 EUR/USD 4 GBP/USD 4 EUR/USD 4 AUD/ USD 4 EUR/USD 4 NZD/USD 4 USD / CHF 7 USD ba 4 AUD/ USD 4 NZD/USD INVERSELY MOVING PAIRS 4 EUR/USD Vv USD/CHF 4 GBP/USD AU nd 4 uSD/ CAD Vv AuD/UsSD 4 USD / JPY Vv AUD/USD 4 GBP/USD Vv USD/CHF