5 Am Club Day 5

5 AM Trading Club
Day 5 Session
WWW.MINDFLUENTIALTRADING.COM
Telegram :- @PortalToMEGABot
Contents
Day 1 1 What is Price Action Trading
N G
I
2 Anatomy of Candlesticks
3 Volume Analysis
4 All about Support & Resistances, Demand & Supply Zones
5 Trends & Trend Lines
A D
6 Chart Phases
7 Putting it all together
T R
Day 2 8 GAPS
A L
9 Effective Chart Patterns
10 Assignment Discussions
T I
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11 Master Breakouts & Breakdowns
E
12 How to identify Fakeouts & Trade Them
13 Playback Market Simulations
L U
14 Plotting important levels on the chart.
Day 3
F
15 Understanding Trading View Tools & How to use the free trading view version in the
D
best way possible.
I N
16 Central Pivot Range - CPR
17 EMA & SMA secrets
M 18 Entry / Exit Strategies

19 How to effectively place the stop loss & trail it.
Contents
N G
Day 4 20 Risk Management - Risk Reward & Position Sizing.
21 Trading Psychology.
D I
22 In-depth Analysis & solutions on Trading with Emotions.
[ Fear / Greed / Regret / Hope / Frustration / Happiness ]
R A
T
23 Bias Trading - An underrated concept.
24 Why most of the traders have a hard time becoming profitable & How to gain trading Edge in Trading.
L
25 Trade Like a Monk: Trading Affirmations & Trading Meditation
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Day 5 26 How to Select Stocks for trading.
T I
28 Volume Profile Analysis
E N
27 Sector comparison with stocks & Index comparison.
29 Divergence Concept
L U Bonuses
D F
30 How to use Institutional Zones to take up trades.
31 How to Maintain Effective Trading & Emotional Journal & very interactive way to review it. Explained using a
I Nfree web / mobile application called Notion.

32 Three Month Free Access to our Premium Discord Community / How it works
M 33 You will be getting our stock watchlist with around 200 stocks.
34 You will get 400+ pages of PDFs every day summarizing the concepts discussed in the sessions.
35 Recorded bonus session on F&O covering Basics, Option Chain Analysis, Premium Decay & more.
26 N G
D I
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T
A L
T I
How to Select Stocks for trading.
E N
L U
D F
I N
M
Using Price Action For Both Intraday & Positional
N G
D I
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Stock selection is based on the Price action patterns identified in the longer timeframes as
well as short timeframes. T
A L
Trading view Platform.
T I
Add the 200 + stock watchlist provided by us along with stocks identified by you on the
E N
Draw the patterns on longer timeframes and keep checking them on a daily basis if you can
U
to filter out any stocks that have a potential trade opportunity.
L
D F
I N
M
Using INSIDE DAY CANDLE Mainly for positional but can also be applied in Intraday
N G
INSIDE DAY CANDLE D I
R A
T
A L
T I
E NHigh & Low of the Inside candle is
completely covered by the
L U Preceding candle high and Low
D F
I N
M
https://chartink.com/screener/inside-day-155
INSIDE CANDLE STRATEGY
IN A STRONG TRENDING MARKET
N G
D I
In a strong trending market, the market has shallow
pullbacks. This means if you’re waiting to enter on a
your level.
R A
retracement, chances are, the market may not come to
T
A L
So a solution is to trade the breakout in a strong
trending market — with the inside candle as an entry
T
trigger for it.I
E N
If the market is respecting a short-term moving
Inside Bar L U average like the 8EMA (blue line here) chances are,
it’s a strong trend.
D F Look to trade the break of the inside candle in the
I N direction of the trend (down trend here)
M
IDEAL TIME FRAME
N G
D I
R A
Daily / 4 Hour T
A L
T I
N
It can also be observed in hourly, 30 min &
E
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intraday timeframes time frames, however, it is
generally used in higher timeframes for better
D F analysis and to reduce the noise.
I N
M
HOW TO TRADE INSIDE CANDLE
There are 2 ways you can enter on the inside candle:
1. The break of the Extreme Candle
N G
2. The break of the Inside Candle
D I
1. BREAK OF EXTREME CANDLE A
2. BREAK OF INSIDE CANDLE
R
The extreme candle is the bar before the inside candle T
Alternatively, you can trade the break of the inside candle.
(and usually has a large range). One way to trade the
inside candle is to wait for the price to break beyond the
A L
highs/lows of the extreme candle.
T IPROS
PROS
E N This technique offers you a more favorable risk to reward
as you have an earlier entry (and a tighter stop loss).
L U
This technique has higher odds of the trade working out as
stop-loss tends to cluster at the extreme highs/lows. So by
cluster of stop loss.

D F
entering the break of the highs/lows, you’re triggering this
CONS
I N You have lesser order flow supporting your trade entry
CONS
M
Sometimes the price has to move a distance in your favour
before triggering an entry. This results in having a wider
which results in a lower probability trade.
stop loss for your trade. Telegram :- @PortalToMEGABot

WHERE TO PLACE STOP LOSS INSIDE BAR TRADING MISTAKES
Short Trade:
G
These are some of the common mistakes traders make:
N
1. Just above the highs of the inside candle (or)
D I
1. Trading every inside bar you come across
2. A distance above the highs of the inside

R A
candle T
2. Trading an inside bar that’s against the trend
A L
For Long Trade:
1. Just below the low of the inside candle (or)
T I
3. Trading an inside bar during a low liquidity period
E N For high probable trade entry and exits, use
candle.
L U
2. A distance below the low of the inside other price action tools in addition to Inside
Examples - D F candle strategy.
I N
1. Adani Enterprises - Feb 5th
M
2. Naukari / Info Edge - 4 Dec, 14 Dec
3. Coal India - 10 Sep
4. Hindalco - 12 Feb - Do Sim., use long position tool, ATR & ride the trend.
Using VOLUME dOMINATION For Intraday
N G
D I
R A
T
L
The first 5 Min Volume is More Than the last 3 days 5 min volume bars
A
T I
This Gives an Indication that some big activity is happening
E N
Have to add the stock and analyze based on the price action techniques to find out any
trading opportunity
L U
D F
I N
M
https://chartink.com/screener/volume-domination?src=wassup
27 N G
D I
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T
RSI + DIVERGENCE
A L Concept
T I
E N
L U
D F
I N
M
wHAT IS rsi indicator
RSI stands for relative strength index and it is an indicator that you apply to your charts that is
often used for identifying overbought or over-sold markets.
We never use indicators on their own for trade entries
in case if we use them, we use them to support what we

already established with price action
wHAT IS DIVERGENCE
When price is moving in the opposite direction of RSI indicator, which

can then be used as an early indication of a possible trend change.
divergence is one of the most powerful tools for spotting

high quality reversal trades when used correctly
Lower Lows
higher highs
topic DIVERGENCE + confirmation
Just divergence is not enough as you can get fake signals. So

you need confirmation to validate that the reversal is real.
You look for Price Action "after" the divergence occurs to confirm that the
reversal is "real" and not a fake out.
Don't forget that you are trading counter-trend, so RSI divergence is not enough
& entering just from an RSI divergence signal would be just a guess based on the
indicator.
28 N G
D I
R A
Sector comparison L T
with stocks
I A
& Index comparison.
N T
U E
F L
N D
M I
Sector comparison with stocks
N G
Important Sector Indices in NSE
D I
Nifty AUTO R A
T
Nifty Pharma
A L
Nifty FMCG
T I
Nifty Metal
E N
Nifty Media L U
Nifty Energy D
F
I N
M
CNX AUTO
As of Feb 26, 2021
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
CNX Pharma
As of Feb 26, 2021
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
CNX FMCG
As of Feb 26, 2021
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
CNX Metal
As of Feb 26, 2021
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
CNX Media
As of Feb 26, 2021
N G
D I
R A
T
A L
T I
E N
L U
D F
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M
CNX Energy
As of Feb 26, 2021
N G
D I
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T
A L
T I
E N
L U
D F
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M
Comparing Stocks with relevant Sector Indices
Compare the stocks with their relevant indices to any potential reversals etc.
N G
D I
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T
A L
T I
E N
L U
D F
I N
M
Comparing Sector with relevant Stocks
Analyze the sector for any potential breakout/breakdown and take trades in relevant
weighted stocks.
N G
D I
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T
A L
T I
E N
L U
D F
I N
M
Index Comparision - Nifty with Bank Nifty
12 Feb 13:50 See the Bank Nifty Chart Sim. then compare why the price got reversed after
2 PM. You will be careful before entering any trades
N G
D I
R A
T
NIFTY
A L
T I BANK NIFTY
E N
L U
D F
I N
M
29 N G
D I
R A
T
Volume Profile A L
Analysis
T I
E N
L U
D F
I N
M
wHAT IS volume profile
Volume Profile is an advanced charting study that displays trading activity over a specified
time period at specified price levels. Essentially, Volume Profile takes the total volume traded
at a specific price level during the specified time period
Important Terms
Point of Control (POC) - The price level for the time period with the highest traded volume.
Profile High - The highest reached price level during the specified time period.
Profile Low - The lowest reached price level during the specified time period.
Value Area (VA) - The range of price levels in which a specified percentage of all volume was traded during the time period.
typically this percentage is set to 70% however it is up to the trader’s discretion.
Value Area High (VAH) - The highest price level within the value area.
Value Area Low (VAL) - The lowest price level within the value area.
High-Value node - Area with high volume
Low-value Node - Area with Low Volume
Point of Control
High Value Node
Analysis
From 2021 - month wise
30 Bonus Concepts
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I N
A D
T R
How to add Institutional
L Zones
I
and take up trades
A using them
N T
U E
F L
N D
M I
What are Instituitonal Zones
"These are the zones that have been custom coded which takes into multiple factors based past last 10 trading
days data like days range, high, low, open, close, etc. Based on the calculations, it identifies the secret zones for
N G
the current day. We also call it "Mindfluential Trading Zones"
D I
R A
Characteristics of Institutional Zones
T
They act as Trend Changer
A L
Works in almost all instruments like Stocks & Commodities.
T I
E N
They also work in indexes like Nifty , Bank Nifty
L U
They act as strong Support / Resiatance zones
D F
They can confirm the trend continuation
I N
Each concept above will be discussed in detail going forward.
M
Importance of these levels while trading
Topic Acts as Trend Changer
N G
D I
We observed that often price reacts violently when it reaches institutional zones and it throwback the candles far, Once the
trend change is confirmed by momentum candles, using intraday strategies one can take the trade position. This trend change
R A
pattern often gives high-risk reward trades. However one must not immediately enter the trades on seeing price reaction from
those levels. We always need to wait for price action confirmation like the formation of higher highs and higher lows in long
T
opportunity and the formation of lower highs, lower lows in short opportunity.
A L
T I
E N
L U
D F
I N
M
Topic Works in indexes like Nifty / Bank Nifty
N G
reacted perfectly from the zones.
D I
We observed that these zones work well in index too like Nifty and Bank Nifty. There are many instances where the price
R A
Nifty / 5 min / 24 May 2021
T
Bank Nifty / 5 min / 4 May 2021
A L
T I
E N
L U
D F
I N
M
Topic They act as strong support / resiatance zones
N G
D I
Not always the price moves in opposite directions on reaching the zones. Sometimes when there is no strength in the reversal,
the price tends to move near support and resistance zones. It's better not to take up any trades in this kind of situation as you
A
won't see any definite trend and chance there are more changes of stop-loss getting hit or it can become a boredom trade.
R
T
Acted as strong resistance zone
A L
T I Acted as strong resistance zone
E N
L U
D F
I N
Acted as strong support zone
M Acted as strong support zone
Topic Can confirm the trend Continuation
N G
D I
Like any other support/resistance zone, once it faces some minor price rejection but the price is able to break through the
institutional zone with a good momentum candle, then it confirms the trend continuation existing before the breakout of the
confirmation candle then we can take the trade.

R A
zone. After breakout, one should wait for candles to touch dynamic resistance (8 / 20 EMA) and after that, if we get a
See the example below

T
A L
T I Acted as strong resistance zone
E N
L U
D F
I N
M
G
Topic When the stragegy won't Trigger?
N
There will be days where the price won't touch any of the institutional zones. We can ignore these levels in those scenarios.
I
A D
T R
A L
T I
E N
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D F
I N
M
Will it work everytime..?
N G
D I
You know the answer, Of course, no strategy works every time. Even if it works 30% of the time in a worst-case scenario and you
R A
maintain a 1:3 risk-reward ratio you'll be profitable. If it works for 40% of the time and you maintain 1:2 risk-reward, you'll be
profitable. If it works for 60% of the time, even a 1:1 risk reward makes you profitable but we suggest having a min 1:2 risk-reward.
T
How can I increase my probability
A L
I
You can increase your winning probability when you take up high probable trades.
T
E N
High probable trades are those trades the any of the other factors like trendline break, CPR
U
support/resistance, Pivots S1/S2 or R1, R2, general market conditions also support your trade entry
L
F
that you are planning to take based on institutional zones.
D
I N
By following proper entry and exit strategies also you can increase your winning
probability.
M
31 G
I N
A D
Why & How to Maintain T R
Effective Trading Journal
A L
T I
E N
L U
D F
N Most Important Habit
I
M Overlooked by Many Traders.
Topic An Effective Trading Journal
N
N GG
A trading journal is a deciding factor of whether you are Ilearning
from your mistakes or not. DD I
R
R AA
You must have heard many times many people saying that you need to maintain a trading journal and the importance of it. Most of the
TT
traders overlook its importance majorly because of 3 reasons
AA L
L
1. You feel that you can remember everything and think that maintaining a journal is what novice or newbies do [Its actually the opposite]
T
T II
2. You feel it is cumbersome and time taking. [We will help you with a hack with which updating the journal is no more a tedious task]
3. You do not know the real power of maintaining the trade journal which is based on the phycological analysis. [We decode it for you here]
E
E NN
Let me tell you the fact, many experienced and successful have revealed that they used to think in the same way until they got hit badly by the
losses undisciplined trading behavior. It's like running a company without an accounts department. No one knows why they are into losses or
UU
where they are heading to. They will not be able to make the analysis and learn from the mistakes.
LL
What allF
Fdetails your trading journal should have?
NN DD
M
M IIDATE | INSTRUMENT | LOT SIZE | LONG/SHORT | PRICE IN | ENTRY TRIGGER | PRICE OUT | STOP LOSS | PROFIT / LOSS | IMPROVEMENT POINTS
Date - Date you entered the trade, Entry Trigger – A trading setup that triggers your entry, Lot size – Size of your position, Long/Short –
Direction of your trade, Price in – Price you entered, Price out – Price you exited, Stop loss – Price where you’ll exit when you’re wrong,
Profit & Loss – Profit or loss from this trade, Improvement Points – The learnings you got from that trade (This is very Important)
How to update the Journal easily & effectively?
As soon as you take up the trade, enter details in the above columns. Make sure you clearly mention the
GG
Entry Trigger - When mentioning the reason you need to analyze in detail the exact point why you took the trade, what trade confirmation that
NN
II
you have observed for entry like pattern formation, CPR breakout, etc.
AADD
When you exit the trade you need to update the Improvement Point. This is very important, the major reason for maintaining the Journal is for
this purpose. Analyzing your improvement points helps you identify where you are making mistakes and what emotional factors you need to
RR
work upon. It could be stop loss hit, or target hit / early exit due to some news in the market, exit due to low momentum, etc.
TT
Also if required you can save the particular charts especially if you feel that you have something to learn from that strategy or want to master
LL
a particular trade setup etc.
How to review your trading journalAA

strategies for gainingT
T II & improving your trading
an edge over markets.
EE NN
1
Identify patterns that lead to your losses - Among the different trading setups, there might be some which are causing you to lose consistently.
LL U
U
So, look through your trading journal and identify the worst performing setup — and stop trading it or make modifications to make it better.
This simple adjustment will reduce your losses and ultimately increase your net profits.
DD F
F
2
Identify patterns that lead to your winners - Next, you’d want to identify your best trading setups. These are the ones that bring in the dough
IINN
consistently. So, look through your trading journal and identify the best performing setup — and focus on it.If you want to find more trading
opportunities, trade more markets, trade a new timeframe, or both.
3 MMFind ways to minimize your losses - Now, let’s take things a step further. After you’ve identified your best trading setups, you’ll still have losers
on it. So, look through the losses of your best trading setups and ask yourself…“How can I minimize my losses?” Perhaps you can cut your losses
earlier. Perhaps you can use a filter that reduces your losses. Perhaps you can avoid trading at a certain time of the day (or week).
4
Find ways to maximize your gains - Do you want to take your trading up another level? Great! Then you must learn how to maximize your
gains. Here’s how: Look through your best trading setups and ask yourself…“How can I maximize my profits on these trades?
”For example, you can…

NNGG
1. Scale out a portion of your trade and let the remaining run
2. Identify patterns that lead to monster winners and trail your stops on it
DDII
3. Think on your own two feet and figure something that works for you
RRAA
TT
If you can do these 4 things, then you’re close to becoming the best trader you can be. You can also analyze the no. of trades you are
taking each day, and if it keeps increasing then there is some issue to br rectified. DO NOT OVER TRADE. Can you see the power of
AA LL having a trading journal? But wait there is more..!
TT II
Phycological analysis on why trade journal is needed.
E
E NN
When you sit for reviewing your trade journal, when you encounter entries where you have entered the trade even without proper trade setups,
trades which have turned from profits to losses, trades where you have exited early etc. are identified. You need to feel guilty for not following
LL U
U
the trade setups and acting based on your emotions. You can give yourselves a punishment like refraining from trading for few days or
investing more time in learning etc.
D
D FF
When you do consistently your mind will be programmed to think that when ever you review the trade journal you'll feel guilty if you find
IINN
yourselves not following the trade setups and rules set for yourselves. So it subconsciously creates a responsibility for not taking up bad trades
when you are in live market as it is going be recorded in trading journal and so eventual punishment after review.
M
M
32 G
I N
A D
Get Access to our Premium Discord T R
Community
A L
T I
E N
L U
D F Why Community?
How does it work?
I N
M
Why Community?
N G
To leverage the synergy of community.
D I
R A
We tend to lose control over their habits easily when not in the right environment, a support
T
community with lots of essential updates, important setups, knowledge sharing by me or other
L
members will definitely make a trader feel that he is surrounded by like-minded people
A
To get your questions clarified quickly
T I
N
When you face any issues in trading, you can just ask it on the community, any member from
E
U
the community can respond with the answer.
L
To help others
D F
N
When you share what you know, it only gets better.
I
M
How does it work?
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
N G
D I
R A
T
A L
T I
E N
L U
D F
I N
M
33 G
I N
A D
Our watchlist of Stocks T R
A L
T I
E N
L U
D F Will be shared
I N
M
34 G
I N
A D
T R
400+ pages E-book
A L
T I
E N
L
These areUdivided into 6 Ebooks are
D F
sharing with you on daily basis.
I N
M
35 G
I N
A D
Recorded bonus session on F&O T R
covering Basics, Option Chain
A L
T I
Analysis, Premium Decay & more
E N
L U
D F
I N
M
Time for N G
D I
R A
T
L
Q
U E
&
N A T I A
L U
D F
I N
M
N G
D I
R A
T
L unless
"Knowledge is of noAvalue
you put it T I
into practice"
NE
L U
D F ~ Anton Checkhov
I N
M
End of Day 5 Session
Thank you so much for attending, don't forget to share your

genuine feedback about the sessions over telegram /
Instagram. Your feedback helps many..!
Telegram :- e@PortalToMEGABot
M in df lu n tia l Trad in g
The material doesn’t guarantee or represent that members
acting upon any suggestion mentioned in this material will
DISCLAIMER result in a guaranteed profit. Trading the financial market has
a large potential risk, you must be aware of the risks and be
willing to accept them in order to invest or trade.
No part of this publication may be reproduced or transmitted

in any form or by any means, electronic or mechanical, without
COPYRIGHT written permission from the publisher. Copyright © 2021 by
Mindfluential Trading www.mindfluentialtrading.com. All rights
reserved.
Telegram :- e@PortalToMEGABot
M in df lu n tia l Trad in g

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5 AM Trading Club

M 18 Entry / Exit Strategies

I Nfree web / mobile application called Notion.

L U Preceding candle high and Low

D F Look to trade the break of the inside candle in the

I N direction of the trend (down trend here)

D F analysis and to reduce the noise.

cluster of stop loss.

stop loss for your trade. Telegram :- @PortalToMEGABot

2. A distance above the highs of the inside

E N For high probable trade entry and exits, use

Examples - D F candle strategy.

We never use indicators on their own for trade entries

in case if we use them, we use them to support what we

When price is moving in the opposite direction of RSI indicator, which

divergence is one of the most powerful tools for spotting

Just divergence is not enough as you can get fake signals. So

High Value Node

confirmation candle then we can take the trade.

See the example below

How to review your trading journalAA

”For example, you can…

AA LL having a trading journal? But wait there is more..!

Thank you so much for attending, don't forget to share your

No part of this publication may be reproduced or transmitted

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