ilmscore | 3 CHEAT CODES for Trading Success...

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
A support zone for AUD/USD was identified between 0.7073 and 0.7000, which subsequently led to a rally of over 120 pips.
"we have a support zone this zone is between 0.7 0.7 o-73 if we go back over to the Aussie dollar itself and I'll put a screenshot to the left hand side over here my left your right probably but right there at 0 point Oh zero point 7073 in that area right in the zone we pointed out is where the market came down into and then shot up by over a hundred and twenty pips from"
AUDUSD=X
Pending
A support zone for CAD/CHF was identified between 0.7496 and 0.7521.
"it was the here we go okay found it it was the Canada Swiss otz in this case we had a support zone on the Canada Swiss we were looking at a zero point seven four nine six to zero point seven five to one"
CADCHF=X
Pending
A four-times tested structural level on CAD/CHF, previously acting as resistance and then broken, was identified as a potential trading opportunity when the market pushed down to it.
"we have a level in the market that have been tested multiple times as support right in this area and as resistance we have one two three four and that four tested level of structure gives me a reason to believe this level could act as resistance or support again depending on where the mark as well in this specific case the market was pushing down to that level it was also a previous level of structure resistance that had just been broken because of that when the market got down to that level I knew I wanted to look for a trading opportunity in this zone"
CADCHF=X
Pending
A hammer candlestick appeared on the 1-hour chart for CAD/CHF within a significant zone, indicating a potential trading opportunity.
"there is actually a hammer candlestick right here on the one-hour chart so the market comes down into the zone we're talking about this is a situation where the trading plan we just created the strategy we just created would have worked out really well the market comes down into this zone and then right here what is this red candle this red candle indicates a hammer candle"
CADCHF=X
Pending
A 3x tested level of structure was identified on the daily chart for CAD/JPY.
"I found a situation here on the Canada yen if we go down to the out excuse me to the daily chart you'll see that this area is an area that's been tested multiple times it's one of our 3x tested levels right here"
CNYJPY=X
Pending
A professional technical trading plan is built using a combination of structure, trend, indicators, candlestick patterns, or price action patterns.
"every professional technical trader that you know uses five different things to build any technical trading plan those five things are they use structure or they use trend they use indicators candlestick patterns or price action patterns"
Trading Strategy Framework
Pending
Entry reasons in trading strategies are based on candlestick patterns, price action patterns, or indicators.
"every entry rule every entry reason of any technical trader any technical trading strategy that you've ever seen heard of or any technical trader that you know is based around three separate things it's either based around a candlestick pattern a price action pattern or an indicator"
Trading Entry Rules
Pending
Traders are advised to optimize their strategies through market testing and creating a trading plan rather than immediately trading, as untested strategies are likely to result in losses.
"optimize this don't just go out in the market and start trading this please you will more than likely lose money you will have to go through the market test this on specific currency pairs and actually create a strategy and a trading plan around it but using this specific scenario the purpose of all of this information is that you have rules now"
Trading Strategy Optimization
Pending
Backtesting trading strategies is a mandatory requirement for traders to build confidence, discipline, and overcome the challenges of live trading.
"the EAP training course a huge part of that program is that I require every single trader that comes through the program to back test the strategies that I teach on their own yes I know that the strategies I teach are profitable for me but I want the traders themselves to go to the process as well because that's going to create confidence and discipline and without the back testing process they will never be able to overcome the the hurdles of live trading"
Backtesting Importance
Pending