Day Trade Company Money by Day Trade Institute
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The purpose of this First Trade Strategy is to simply get you some experience with the Company’s key indicators and have your experience winning most of your trades. Training will increase your indicator use and win rate.
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You will need full training. With training you will fully learn the TNT Indicators, Major/Minor Indicators, and Pressure Indicators and their specific function and their interrelationship. You will also learn general trade best practices of support and resistance, trade management with hedging and price averaging, and much more.
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Video Support
Use the following videos to provide orientation, clarity, and support on topics associated with demo trading:
Video – First Trade Strategy Explained.
Video – Trade Examples
Video – Fundamental Analysis – See Demo Guidelines
Video – Technical Analysis – See Demo Guidelines
Video – Trade Placement – See Demo Guidelines
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Currency Pairs And PIPs
The following Forex market basics are helpful in understanding day trading.
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Forex Currency Pairs
The Forex is a market place for trading the value of one currency against the value of another currency. What results is a currency pair and a comparative price between them.
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Base Currency / Quote Currency, or XXX/YYY, or simply XXXYYY.
XXX is the base currency of the pair.
YYY is the quote currency of the pair.
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The top 10 currency pairs accessible to trade in order of daily volume traded:
[su_row][su_column size=”1/5″]
  1 – EURUSD  (245.2)
  2 – GBPUSD  (  68.3)[/su_column][su_column size=”1/5″]
  3 – USDJPY   (  64.7)
  4 – AUDU”SD (  59.2)[/su_column][su_column size=”1/5″]
  5 – EURJPY   (  30.8)
  6 – USDCAD  (  28.0)[/su_column][su_column size=”1/5″]
  7 – EURGBP  (  20.1)
  8 – USDCHF  (  17.6)[/su_column][su_column size=”1/5″]
10 – NZDUSD  (    9.8)
11 – EURCHF  (    9.6)[/su_column][/su_row]
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♦  The above numbers are in U.S. Billions of Dollars (e.g., EURUSD $245,200,000,000 traded daily).
♦  9 – USDMXN (U.S. / Mexico) (  11.1) or the 9th most traded currency, but often not listed with many retail brokers.
♦  USD = U.S. Dollar, EUR = European Euro, GBP = Great British Pound, JPY = Japanese Yen, AUD = Australian Dollar, CAD = Canadian Dollar, CHF = Swiss Franc, and the NZD = New Zealand Dollar. 
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PIPs
The Forex market movement is measured in terms of PIPs, and consider it to mean:
PIPs – Price Interest Points or even Percentage In Point.
PIPs – Indicates how much of the Quote Currency is needed to buy one unit of the Base Currency. For example: EURUSD of 1.55000
Buy – EURUSD = To purchase 1 EUR a $1.55000 USD is required.
Sell – EURUSD = Upon sale of 1 EUR a $1.55000 USD is gained.
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Two most common forms of PIP currency representation:
1/10,000 or 0.0001 or 1/10th of a cent = Most Common – PIP
1/10 or 0.01 used for the USDJPY and EURJPY.
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1 PIP = $10
Practically a PIP is leveraged to a higher trade value.
This Company practices a base account leverage of 1 PIP = $10. The Company then leverages the specific trade value down or up based on the account size.  For example:
$  2,500 account size uses a 0.25 trade leverage or 1 PIP = $2.50.
$  5,000 account size uses a 0.50 trade leverage or 1 PIP = $5.00.
$10,000 account size uses a 1.00 trade leverage or 1 PIP = $10.00, etc.
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PIP Use And Calculation Examples
[su_row][su_column]
[spacer height=”-22px”]Most Common Forex Price Formats
PIP = 0.0001
Most currency pairs displayed to four decimal places.
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Example – 0.12345 Price
Position 3 =  10    Pip
Position 4 =    1    Pip (or 10 Points)
Position 5 =      1  Point
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Math Examples:
Subtract 5 PIPs from a price. Add 10 PIPs.
0.12345                         0.12345  
         5                               + 10 
       0.12295                         0.12445

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Alternative Forex Price Formats
PIP = 0.01
Two decimal format for the Yen-based currency pairs.
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Example – 115.678 Price
Position 6 =  10    Pips
Position 7 =    1    Pip (or 10 Points)
Position 8 =      1  Point
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Math Examples:
Subtract 5 PIPs from a price. Add 10 PIPs.
115.678                         115.678
      – 5                               + 10  
115.628                         115.778

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Trade Style
There are two major trade styles:
Scalp Trading – Shorter term trading with the time from entry and exit being seconds to a couple of hours, roughly defined.
Swing Trading – Longer term trading with the time from entry and exit being hours to a week, as an example.
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The method that follows results in more of a swing trade to take more trade profit and to have a more comfortable day trading pace.
Starting Fairly Early – This means starting when all the signals of market movement are not all in agreement and not all in the trade direction. This is because when they do reach preferred agreement, the benefit of the trade is often past. This does require the trade start with some counter trend trading or trading with some indicators pointing in the opposite direction of the trade for a short period of time.
Staying Fairly Late – This is not intended to be more risky, but to simply stay in the trade until the momentum in the trade begins to slow. By following this method the trade takes the largest safest profit available from the trade.
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Trade - Scalping - Swing.
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Scalp Trading
Scalp trading is a favored and enjoyed method of trading by many, if not most of our day traders. To scalp trade, simply exit the trade at a sooner location than that suggested in the method that follows below.
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Scalp trading may also allow for more trades at quicker intervals based less on the 240 M Major / Minor and 240M Pressure indicators and more on the 60 Minute and 30 Minute indicators. While using a shorter indicator time frame be sure to be mindful of the direction of the 240 Minute signals as you want to limit trading against the direction of the 240 Minute Majors / Minors and Pressure.
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Swing Trade Strategy Summary
Once you get acquainted with the trade strategy this quick summary will be enough to remind you of the simple steps:
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Trade Type
Swing Trade Style – The trade style that follows in more of a 2, 3, 4, …, even 8, 9 hour trade. You do not have to sit and watch your computer, but just check the trade from time to time.
Scalp Trade Style – If you prefer a shorter scalp trade then simply click out and take smaller and earlier profits.
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Trade Environment
1.  Determine the Day’s Market Character
Fundamental Analysis – the character of the market for the day, before entering the market.
www.forexfactory.com/calendar.php is used by most of our day traders.
Technical Analysis – To be taught by a Company expert coach with paid tuition training
GreenChart technical analysis to determine probable market behavior.
2.  Trade Leverage – How much financial risk or reward to apply to the trade.
0.25 with a $2,500 account equity (1 PIP = $2.50)           0.37 with a $  3,700 account equity (1 PIP = $3.70)
0.50 with a $5,000 account equity (1 PIP = $5.00)           1.00 with a $10,000 account equity (1 PIP = $10.00), etc.
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3.  Equity And Margin Management
Equity = Balance + Profit Pending (from a winning trade in progress).
Equity = Balance – Loss Pending (from a losing trade in progress).
Margin = Available percentage of the account available to trade.  Keep above 400% (with smaller accounts, more with larger).
Few, Higher Quality Trades – Create the profitable and peaceful trading style of placing few higher quality trades.
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Trade Entry
4.  Determine Trade Signal
A Buy Signal = All turned up.  240M Major/Minor, 120M MM, and 60M MM are turned up and often the 30M MM has crossed the channel.
A Sell Signal – All turned down.  240m MM, 120M MM, and 60M MM are turned down and often the 30M MM has crossed the channel.
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5.  240M Pressure Strength Considerations:
Steepness – The Pressure Lines (and Major / Minor) lines the more “attitude” or strength in the indicator.
No Buy – If the pressure is steeper than 45° down.
No Sell – If the pressure is steeper than -45° up.
Higher Agreement – The sentiment to buy (green line) and the sentiment to sell (red line) are in more agreement the tighter and converging the lines.
More Riskier Counter Trend Trade – Riskier to trade contrary to tighter or converging lines.
Lower Agreement – The sentiment to buy (green line) and the sentiment to sell (red line) are in less agreement the more separated and diverging the lines.
Less Risky (but risky) Counter Trend Trade – It is less risky to trad against the pressure the more separated or diverging the lines.
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No Buy Trade – If the 240M P lines are near touching and oriented flat or downward (opposite a buy).
No Sell Trade – If the 240M P lines are near touching and oriented flat or upward (opposite a sell).
No Buy Trade – If the 240M P lines are downward more than 45 degrees no matter what the green and red line tightness.
No Sell Trade – If the 240M P lines are upward more than 45 degrees no matter what the green and red line tightness.
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6.  Determine Trade Strength And Safety – If the trade is permissible, assess the combined or summed direction of the 240M Major/Minor and 240M Pressure:
Strong – Summed orientation is clearly in the direction of the trade.
Typical – Summed orientation is generally in the direction of the trade.
Risky – Summed orientation is somewhat not in the direction of trade.
None – Summed orientation is clearly not in the direction of the trade, so do not make the trade.
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Trade Exit
7.  Full Trade Exit – Allowing the trade to move its full run and then exiting as the trade shows it is losing momentum.
30M MM Bending – Riskier trades or those that change to a riskier trade need an earlier exit.
60M MM Bending – Normal trades or trades that improve to a normal trade.
120M MM Bending – Stronger trades or trades that improve to a stronger trade can stay in the trade longer.
240M MM Bending – Emotional trades that are or are evolving to make large trade movement.
Pre-Set Trade Exit (not used in the Demo) – The expert coaches will teach the use of chart technical analysis to determine a price point to set a fixed Take Profit.
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8.  Account Protection – Pre-determine how to handle the trade once it is placed.
Know Exit strategy – Determine when the trade will be exited (…, 60M MM, 120M MM, …) before the trade is placed.
Bad Trade Management – Always set a trade hedge after placing the trade.  
Buy Stop = Pending Buy.  Set at 50 PIPs from trade entry.  After the trade matures, then price average (buy again) or hedge (sell again) to improve trade outcomes.
Sell Stop = Pending Sell.  Set at 50 PIPs from trade entry.  After the trade matures. then price average (sell again) or hedge (buy again) to improve trade outcomes.
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9.  Trade Session
Amount Of Time – Some will trade for a set amount of time or when they will place their last trade. Take all appropriate trades in the set period of time.
Number Of Pips – Some trade until they reach their number of PIPs goal, or until it is reasonably clear the goal will be missed that trade session.
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Signal Players
Consider a little practical insight into the interpretation of the Major / Minor and Pressure indicators used.
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Swing Trade Market Direction
The direction of the market usually follows these indicators. Other indicators simply oscillate around the direction of these indicators.
240M (Minute) Major / Minor (MM) Indicator – The primary indicator of market direction and usually the ultimate direction of the market. Trading against the direction of the 240M MM or Pressure Indicator is often risky. 
120M MM Indicator – An early indicator of the direction of the 240M MM movement. Used to make early major market direction decisions.
60M MM Indicator – The market is often based on 60 minute indicators. Many market movements are judged based on this timing. This is likely considered a fast indicators by investment organizations, or in other words they would not usually consider a 30, 15, 5, etc. movement.
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Scalping Trade Market Direction
If a day trader wants a faster paced trading routine, then these become more important indicators for market direction.
30M Indicator – Much like the 60M MM indicator in market direction significance, but faster moving. Often a good balance between the faster 15M MM Indicator and the slower 60M MM Indicator.  
15M MM Indicator – This represents an early collected group of buyers or sellers so they have some directional impact on the market.
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At The Moment Best Positioning.
These indicators can be important for both scalp and swing trading. Buying when they are in the Over-Sold region or selling when they are in the Over-Bought region can add as many as 5 to 10 additional PIPs to the trade.
5M MM Indicator – This represents first movers in the market, or those that lead the new trade direction. We will enter the trade just after this group leads out.
1M MM Indicators – The fastest movement from the indicators. Often too fast or too eradic for many traders. They often will use a 2M MM or the 5M MM signal.
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Buy Trade Initial Identification And Entry Pattern
A buy signal is initially identified with the turning upward of the 240M MM, 120M MM, 60M MM, and 30M MM indicators.
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Entry Considerations
♦  Take the trade no sooner than when the 240M MM flattens and ideally turns upward.
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Exit Considerations
♦  Exit when the exit bend pattern occurs at the chart time suggested by the trade exit strength (see examples that follow).
♦  Before exiting check the chart to see if there is any trade improvement or trade degradation.
•  Stay in if there is reasonable support that more can be gained in the next moments. 
•  Get out of the trade earlier if the trade is degrading or weakening.
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Sell Trade Initial Identification And Entry Pattern
A sell signal is initially identified with the turning downward of the 240M MM, 120M MM, 60M MM, and 30M MM indicators.
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Entry Considerations
♦  Take the trade no sooner than when the 240M MM flattens and ideally turns downward.
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Exit Considerations
♦  See the comments listed in the Buy Signal Exit Considerations above.
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Buy Trade Entry And Exit Summary
An organized summary of strong to weak buy position entry and exit strategies.
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Summary Table
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Buy Considerations – See the Trade Strategy Summary at the top of this webpage.  In summary of the most critical trade permission consideration:
No Buy Trade – Do not make a buy trade if the 240M P lines are near touching and oriented flat or downward (opposite a buy).
No Sell Trade – Do not make a sell trade if the 240M P lines are near touching and oriented flat or upward (opposite a sell).
No Buy Trade – Do not make a buy trade if the 240M P lines are downward more than 45 degrees no matter what the green and red line tightness.
No Sell Trade – Do not make a sell trade if the 240M P lines are upward more than 45 degrees no matter what the green and red line tightness.
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Exit Considerations – See the Trade Strategy Summary at the top of this webpage.  Two points worth repeating:
Know Exit strategy – Determine when the trade will be exited (…, 60M MM, 120M MM, …) before the trade is placed.
Trade Protection – Always set a trade hedge after placing the trade.  Buy Stop = Pending Buy.  Sell Stop = Pending Sell.  Set at 50 PIPs from trade entry.
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B3:  Buy – Strong
The trade assessment sequence for identifying a potential trade and determining trade strength.
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Entry
Trade – A Buy
♦  240M MM strongly upward with 120M MM, 60M MM, and 30M MM are all turned up.
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Trade Strength – Strong Buy
♦  240M Major / Minor (strongly upward) + 240M Pressure (clearly upward) = Strong Buy (strongly up + clearly up is strongly upward).
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Exit
End Of Trade – Strength Assessment
♦  240M Major / Minor (strongly upward) + 240M Pressure (tending upward) = Still buy sentiment (sum is strongly upward).
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Trade Exit – 120M MM Bend
♦  Exit when 120M MM R/G Major lines bend noticeably.
♦  The G/B lines may have already bent or tuned, but this simply confirms trade momentum is slowing.
♦  The 120M P and 60M P can add some secondary confirmation of direction continuation and support.
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B2:  Buy – Typical / Normal
The trade assessment sequence for identifying a potential trade and determining trade strength.
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Entry
Trade – A Buy
♦  240M MM flat with 120M MM, 60M MM, and 30M MM are all turned up. It would be better if the 240M Minors were also flat or turned up.
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Trade Strength – Buy
♦  240M Major / Minor (flat R/G > down G/B) + 240M Pressure (clearly upward) = Risky Buy (flat + up is generally upward).
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Exit
End Of Trade – Strength Assessment
♦  240M Major / Minor (strongly upward) + 240M Pressure (solidly upward) = Still solid buy sentiment (sum is strongly upward).
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Trade Exit – 60M MM Bend
♦  As in this case, if the trade retains or strengthens its buy trade sentiment, then one could chose to exit at a longer time, such as 120M MM in this case.
♦  In simply following a rule pattern, exit with the 60M MM, when 60M MM R/G Major lines bend noticeably.
♦  G/B Minor line movement are more of a confirmation of sentiment change. In this case indicating some strengthening to stay in for the 120M MM exit.
♦  The 120M P and 60M P can add some secondary confirmation of direction continuation.
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B1:  Buy – Risky
The trade assessment sequence for identifying a potential trade and determining trade strength.
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Entry
Trade – A Buy
♦  240M MM turned up with 120M MM, 60M MM, and 30M MM are all turned up.
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Trade Strength – Risky Buy
♦  240M Major / Minor (somewhat upward) + 240M Pressure (clearly downward) = Risky Buy (sum is generally downward).
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Exit
End Of Trade – Strength Assessment
♦  240M Major / Minor (bend upward) + 240M Pressure (downward) = A Risky Buy stayed, so get out sooner than later.
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Trade Exit – 30M MM Bend
♦  As the trade did not improve much and as it was already a risky trade, then take the movement that did occur and get out with the 30M MM bend.
♦  Exit with the 30M MM, when 30M MM R/G Major lines bend noticeably.
♦  The 120M MM and 60M MM are still downward and confirm the trade did not develop as a solid buy, so get out sooner than later.
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B0:  Buy – No Buy
The trade assessment sequence for identifying a potential trade and determining trade strength.
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No Entry
Trade – A Buy
♦  240M MM turned up with 120M MM, 60M MM, and 30M MM are all turned up.
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Trade Strength – No Buy
♦  240M Major / Minor (downward) + 240M Pressure (downward) = No Buy (sum is downward).
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No Entry, No Exit
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B4:  Buy – Uniquely Strong / Steep
The trade assessment sequence for identifying a potential trade and determining trade strength.
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Entry
Trade – A Buy
♦  240M MM turned up with 120M MM, 60M MM, and 30M MM are all turned up.
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Trade Strength – Risky Buy
♦  240M Major / Minor (clearly upward) + 240M Pressure (downward and flattening) = Buy (sum is generally upward).
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Exit
End Of Trade – Strength Assessment
♦  240M Major / Minor (strongly upward) + 240M Pressure (steep upward) = The trade strengthened greatly, so stay in a longer.
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Trade Exit – 240M MM Bend
♦  As the trade strengthened greatly stay in and exit with the 240M MM when it bends.
♦  Largely watching the R/G Major lines of the 240M MM and when they noticeably bend.
♦  The G/B Minor lines below have turned, and provide an indication of loss of momentum, but follow the R/G Major lines.
♦  Read the 120M P, 120M MM, 60M P, and 60M MM for confirmation of the strength of the 240M P and 240M MM continuation signals.
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Sell Trade Entry And Exit Summary
An organized summary of strong to weak buy position entry and exit strategies.
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S3:  Sell – Strong
The trade assessment sequence for identifying a potential trade and determining trade strength.
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Entry
Trade Entry – A Sell
♦  240M MM strongly downward with 120M MM, 60M MM, and 30M MM are all turned down.
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Trade Strength – Strong Sell
♦  240M Major / Minor (strongly downward) + 240M Pressure (strongly downward) = Strong Sell (sum is strongly downward).
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Exit
End Of Trade – Strength Assessment
♦  240M Major / Minor (strongly downward) + 240M Pressure (strongly downward) = A strong sell continued as a strong exit.
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Trade Exit – 120M MM Bend
♦  As the trade retained its strong sell sentiment, then stay in the market longer and exit with the 120M MM Bend.
♦  Exit with the 30M MM, when 30M MM R/G Major lines bend noticeably.
♦  The steep or strong 120M P and 60M P can add some secondary confirmation of direction continuation.
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S2:  Sell – Typical / Normal
The trade assessment sequence for identifying a potential trade and determining trade strength.
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Entry
Trade – A Sell
♦  240M MM downward with 120M MM, 60M MM, and 30M MM are all turned down.
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Trade Strength – Sell
♦  240M Major / Minor (clearly downward) + 240M Pressure (flat) = Sell (downward + flat is downward).
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Exit
End Of Trade – Strength Assessment
♦  240M Major / Minor (bending downward) + 240M Pressure (flat) = Original sell character remains so take the typical 60M MM exit.
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Trade Exit – 60M MM Bend
♦  As the trade largely retained its original sale character, without trade improvement then exit at 60M MM Bend.
♦  Exit with the 30M MM, when 30M MM R/G Major lines bend noticeably.
♦  The mixed 120M P and 60M P confirm that a typical exit is appropriate.
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S1:  Sell – Risky
The trade assessment sequence for identifying a potential trade and determining trade strength.
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Entry
Trade – A Sell
♦  240M MM turned down with 120M MM, 60M MM, and 30M MM are all turned down.
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Trade Strength – Risky Sell
♦  240M Major / Minor (downward) + 240M Pressure (clearly upward) = Risky sell (sum is generally upward).
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Exit
End Of Trade – Strength Assessment
♦  240M Major / Minor (bend downward) + 240M Pressure (solidly upward) = A Risky Sell is retained, so get out sooner than later.
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Trade Exit – 30M MM Bend
♦  As the trade did not improve much as it was already a risky trade, then take the movement that did occur and get out with the 30M MM bend.
♦  Exit with the 30M MM, when 30M MM R/G Major lines bend noticeably.
♦  The 120M P and 60M P can show a buy pressure still exists so get out soon why there is still some sell sentiment.
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S0:  Sell – No Sell
The trade assessment sequence for identifying a potential trade and determining trade strength.
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No Entry
Trade – A Sell
♦  240M MM flat to down with 120M MM, 60M MM, and 30M MM are all turned down.
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Trade Strength – No Sell
♦  240M Major / Minor (flat) + 240M Pressure (strongly upward) = No Buy (sum is clearly upward).
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No Entry, No Exit
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S4:  Sell – Uniquely Strong / Steep
The trade assessment sequence for identifying a potential trade and determining trade strength.
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Entry
Trade – A Buy
♦  240M MM turned down with 120M MM, 60M MM, and 30M MM are all turned down.
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Trade Strength – Risky Buy
♦  240M Major / Minor (steeply downward) + 240M Pressure (steeply downward) = Strong Sell (sum is clearly a strong sell).
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Exit
End Of Trade – Strength Assessment
♦  240M Major / Minor (strongly downward) + 240M Pressure (steep downward) = The trade strengthened greatly, so stay in a longer.
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Trade Exit – 240M MM Bend
♦  As the trade strengthened greatly stay in and exit with the 240M MM when it bends.
♦  Largely watching the R/G Major lines of the 240M MM and when they noticeably bend.
♦  The G/B Minor lines below have turned, and provide an indication of loss of momentum, but follow the R/G Major lines.
♦  Read the 120M P, 120M MM, 60M P, and 60M MM for confirmation of the strength of the 240M P and 240M MM continuation signals.
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This First Trading Strategy is just that, a simple system to get you into the market with usual wins. You need our one-on-one online training with our expert coaches. As soon as you realize the value and potential of the Company indicators, Company funded accounts, and Company support you need to be in training.
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The purpose of the trading portion of the demo trial is not to become proficient in trading. It is to gain some experience, appreciate the power of the indicators when properly used, and gain feels from wins and feelings from losses.
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Other important aspects of the Demo Trial are participation in the live online trades, attend the online or onsite meetings, gain some initial knowledge from the courses and videos, get acquainted with the Company, and generally gain trust in the organization and appreciate that you have something truly worth your time and tuition investment. As soon as that realization occurs, you need to be in training to get started.
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