FMC Derive Price Action Guide
FMC Derive Price Action Guide
FMC Derive Price Action Guide
CHAPTER 1:
TOP MULTIPLE SWING
CHAPTER 2:
FMC HEAVEN POINTS
CHAPTER 3:
TOP MULTIPLE SWING AS A CONTINUATION
CHAPTER 4:
RESISTANCE + TOP MULTIPLE SWINGS
CHAPTER 5:
DIAGONAL RESISTANCE + TOP MULTIPLE SWINGS
CHAPTER 6:
HOW TO SELL ON THE CONFLUENCE
CHAPTER 7:
BOTTOM MULTIPLE SWINGS
CHAPTER 8:
BOTTOM MULTIPLE SWINGS AS A CONTINUATION
CHAPTER 9:
SUPPORT AREA + BOTTOM MULTIPLE SWINGS
CHAPTER 10:
DIAGONAL SUPPORT + BOTTOM MULTIPLE SWINGS
CHAPTER 11:
HOW TO BUY ON THE CONFLUENCE
CHAPTER 1:
Additional Info:
We always take our Sell trades on the Lower Highs (LH). we normally take
trades on the 3rd Lower High(LH). that's where the 3rd touch confirmation
strategy gets verified.
Note : The bigger the rejection on the peak, the stronger the reversal.
Practical examples of a Top multiple swings
Note: In the below Charts, we,ll show you the trades (Sells). we took using the
Top multiple swings method. ↙️↙️
Note : Using the Top market swing method.
- we always take our sell trades on the 2nd or 3rd Lower Highs(LH).
CHAPTER 2:
entry point is the level or price at which a trader enters into a trade Sell. Deciding
on a forex entry point can be complex for traders because of the abundance of
variable inputs that move the forex market.
Entry Point
- We always take our trades on the area of retest using the horizontal Resistance .
A Theoritical example of an Entry points on a downtrend (
Sell )...indicated by a letter ""E""
Note : When the market is on a downtrend, we always take our trades on the
Lower High (LH) ... as indicated by the pink letter "E" ...
Make sure that you have drawn your support area inline with your Opposite
movement (Higher High (HH)) ... as indicated by the green circles.
Practical example no.1 of an Entry point on a downtrend (
Sell ) .
Sell trades should be executed on the Lower High low (LH) Resistance .. as
indicated by the two purple arrows.
Practical example no.2 of an Entry point on a downtrend (
Sell ) .
Sell trades should be executed on the Lower High low (LH) Resistance .. as
indicated by the purple arrows.
Practical example no.3 of an Entry point on a downtrend (
Sell ) .
Sell trades should be executed on the Lower High low (LH) Resistance .. as
indicated by the two purple arrows.
Note: Below are the trades which i took using the Heaven
Points( Entry points ).
This is a continuation pattern. We are going to apply the same rules which we use
to trade the top multiple swing as part of the reversal ↙️↙️
A practical example no.1
Note: in this case, we are trading a trendline retest and adding a Top
multiple swing as part of the confirmation.↙️↙️
Selling Confirmations.
Bearish Divergence
Selling Pressures
Diagonal Resistance(areas)
Note: Make sure that the Top multiple swing is present in all your Sell
analysis. ~ no Top multiple swing ~ ...Then there is no setup.
Practical example no1: of an area of confluence
Present confirmations:
-Trendline breakout
- Top multiple swing
- Bearish divergence
- Resistance area
- Possible Head and Shoulder
Note: All confirmations were intersecting inside the Green Box. as indicated
by the two Red arrows
Practical example no2: of an area of confluence
Present confirmations:
-Trendline breakout
- Top multiple swing
- Resistance area
- Possible Head and Shoulder
- Trendline Break and Retest
Note: All confirmations were intersecting inside the Green Box. as indicated
by the two Red arrows
CHAPTER 7:
Additional Info:
We always take our Buy trades on the Higher Lows(HL). we normally take
trades on the 3rd Higher Low(HL). that's where the 3rd touch confirmation
strategy gets verified.
The 3rd Higher Low (HL) , Signals a start of a new trend (uptrend).
Note : The bigger the rejection on the peak, the stronger the reversal.
Practical example no1: of a Bottom multiple swing
Practical example no.2 of a Bottom multiple swing
Practical example no.3 of a bottom multiple swing
This is a continuation pattern. We are going to apply the same rules which we
use to trade the Bottom multiple swing as part of the reversal ↗️↗️
A practical example no.1
Note: in this case, we are trading a trendline retest and adding a Bottom
multiple swing as part of the confirmation.↗️↗️
Buying Confirmations.
Bullish Divergence
Buying Pressures
Note: Make sure that the Bottom multiple swing is present in all your Buy
analysis. ~ no Bottom multiple swing ~ ...Then there is no setup.
Practical example no1: of an area of confluence
Present confirmations:
-Trendline breakout
- Bottom multiple swing
- Bullish divergence
- Support area
- Inverse Head and Shoulder
Note: All confirmations were intersecting inside the Green Box. as indicated
by the two Red arrows
Practical example no2: of an area of confluence
Present confirmations:
-Trendline breakout
- Bottom multiple swing
- Support area
- Inverse Head and Shoulder
Note: All confirmations were intersecting inside the Green Box. as indicated
by the two Red arrows
Don't change Lotsizes mid trade.