financial freedom traders plan

7/29/2019 Financial Freedom Traders Plan

1/18

The Financial Freedom Trader Plan

Hi, and thank you for purchasing this guide. It has been written from my 14 years experience within

the financial trading industry. I am going to show you one of my most successful methods I use to

bank over 200 a day. This is a simple, reliable method that will enable you to trade in the day or in

the evening. It is successful with several financial markets which gives great flexibly to all level of

traders and all levels of income. Please do not be daunted by the graphs and screenshots you see at

first. If you are an experienced trader then its nothing new, if you are a beginner, please do not panic

as they are extremely simple to follow and understand. Welcome to The financial Freedom trader

plan!

What we do and how it works

What you will be doing is trading on a particular price position in your chosen market (lets take the

GBP/USD as an example) to go either up or down. Each unit of movement is called a PIP. You decide

how much you want to trade (stake) per pip and for each pip that goes in your favour you gain yourstake per pip. Equally, each pip that goes against your predicted direction will cost you your stake per

pip. So lets say you stake 2 per pip on the GBP/USD to go up (this is called BUYING), this then

proceeds to go up by 10 pips and you choose to close the trade and take your profit, which is 20.

Equally, if you thought the market would go down you would SELL(again lets say 2 per pip). It

goes down by three pips and you choose to take the profit, which in this case would be 6. Obviously,

the more you stake, the more profit you make.

Introduction to Spread Betting

Spread betting is a fast-moving, flexible way to trade the price movements of financial marketswithout holding the underlying investments directly. Regardless of the direction that markets move,

you can take a position to gain Exposure to this movement for a fraction of the capital outlay requiredto trade the market directly. Spread betting also offers tax advantages over direct investment. Spread

betting is free of stamp duty. Furthermore, it is currently exempt from UK Capital Gains Tax.However, tax laws are subject to change and depend on individual circumstances.

Open an account

If you are totally new to trading then the first thing that you will need to do is open an account with aspread betting firm.

Popular Spread Betting Companies:

IG Index

Capital SpreadsETX Capital

IBFX (US Customers)

What we trade on

Popular Markets (Daily trading

FTSE 100 Rolling Daily(the start for all beginner day traders)

DAX 30 Rolling daily

Wall Street Rolling Daily


2/18

Forex Pairs: (Most pairs are successful, however I stick to these) 24 HOUR TRADING WITH MOST

PAIRS

Great markets for the evening traders who dont have time for day trading

GBP/USD

GBP/EURO

USD/EURO

USD/JPY

AUD/USD

50-1250 in just 10 weeks

I have devised a staking plan that will enable you to withdraw 250 a day after just 10 short weeks of

trading, starting with just 50. I have advised every member to follow this plan to reach your goals

and start making a great living. I have yet to have a member fail to reach these goals. Sometimes it can

take longer, other times it might take just 8 weeks depending on your personal daily target.

Week Stake Target pips Bank increase Withdrawal

(Daily)

1 1 25 125

2 2 25 250

3 3 25 375

4 4 25 500

5 5 25 625

6 6 25 750

7 7 25 875

8 8 25 1000

9 9 25 1125 200

10 10 25 1250 250

The staking plan above is the plan I used when beginning this method. My personal target is 25 pips a

day however my first piece of advice is to have your own personal goal and target. I have some people

who just look for 15 pips per day, remember 15 x 10 is 150 a day. My experience from years in the

industry is always work towards your own personal targets, and never get too greedy or trade


3/18

emotionally. I never ever trade at more than 15 per pip as beyond this level I start to look at things

differently and can sometimes lose sight of when I trading opportunities arise and close.

The indicators

By now you should have opened an account at one of the trading platform I have suggested above. I

have introduced the markets we are going to be trading, and I will now introduce you to the indicators

we use. Indicators are there to aid us with movements in the specific market we are looking at. In all

my years of trading and from even using tens of thousands of pounds worth of software, I have chosen

the indicators that I have found to be the most successful, easy to understand and produce the biggest

profits. I have kept things simple so that the most beginner of trader can understand the method and

implement it competently. I will not describe these in detail as it isnt relevant to anyone wanting to

use the system, however if you have spare time, I would recommend googling just to give you an idea

of their purpose.

GBP/USD Chart

The chart above is the trading screen and indicators we will be looking at. The parts are described in

order below as we see them. The first being the MA (Moving average) the next being MACD etc. The

green and red bars show the price going up or down. Green bars are equal to a price increase, while

the red bars indicate a decrease in price.


4/18

MA MOVING AVERAGE

Moving averages are generally used to measure momentum and define areas of possible support.

MACD

A trend-following momentum indicator that shows the relationship between two moving averages of

prices. This is our main indicator and key to both our entry and exit to all trades.

RSI

A technical momentum indicator that compares the magnitude of recent gains to recent losses in an

attempt to determine overbought and oversold conditions of an asset.

DIRECTIONAL MOVEMENT

This allows us to determine and confirm that the trade is moving in the correct direction. We are

looking for the directional movement indicator to match up with the same colour as the MACD

indicator.


5/18

STOCHASTIC

A technical momentum indicator that compares a security's closing price to its price range over a

given time period. The oscillator's sensitivity to market movements can be reduced by adjusting the

time period or by taking a moving average of the result.

Keeping losses to a Minimum OUR STOP LOSS guide

I have a different stop loss for every different market I trade on. I have written the stop loss guide for

each of the markets below. Please follow these to the letter, if you find you want to change them

slightly, then that is an individual choice, however I have found the best results work with the

following stop losses. (If the spread is bigger than 2 pips, please add this)

FTSE 100 (stop loss should be set to 8 pips)

WALL STREET (stop loss should be set to 13 pips)

DAX 30 (stop loss should be set to 7 pips)

Forex pairs

GBP/USD (stop loss should be set to 10 pips)

EURO/GBP (stop loss should be set to 10 pips)

USD/EURO (stop loss should be set to 10 pips)

JPY/USD (stop loss should be set to 12 pips)

AUD/USD (stop loss should be set to 8 pips)

I have now introduced you to all the tools/indicators we are using as well as the trading platform and

individual markets we are going to be looking at. I will now describe how we set up these indicators,

and explain the method/system in full. Please become familiar with all the indicators and the below

example of a trade so that no mishaps will occur.

Setting up the Chart

Style: Candlestick

MA: 30 0 0

MACD:8 18 5

RSI: 15

DIRECTIONAL MOVEMENT: 14

STOCHASTIC: 14 3 5


6/18

Time Frame

5 minute time frames at all times


7/18

The signal of when to trade/ The system

Now we have set up our settings and indicators, I will describe the full method of the system in the

stages below, which clearly identifies when to trade. All the above setting ensures that each trade

complies with the trends and settings that indicators portray. My years of experience have shown me

that using these 5 indicators produce the most consistent and reliable profits to date. Please again

check all the indicators and setting are the same as above, this is vital.

Stages of indication: These are the criteria to start a trade

1) The colour of the MACD bar changes from red to green or vice versa. This is our firstindication that a possible trade could be occurring. The arrow shows there has been a change

in direction in the MACD bar. The change in direction brings a change in colour from red to

green or green to red. We then look to see if the other criteria comply to see if we are ready to

enter a trade.

2) Next, we keep an eye on the MACD and wait for the next 5 minute bar to open and close. If thenext MACD bar closes GREEN and it is larger than the previous indicator MACD bar that is oursignal to open a trade. However we must also check the all the other rules/Criteria are in place.

This is a must as the system is based on all the indicators working for us and following the trend

we are trading. So please note we do not open a trade until the close of the second

MACD BAR.Years of my own personal experience have shown we must wait for the second

MACD bar to finish above the indicator bar, much greater profits are achieved this way.


8/18

3) The ORANGE 30 MAis also going upwards with an obvious strong signal. With a buyingtrade we are looking for all the indicators to be in a positive progression (the arrows show

where we are looking at)


9/18

4) The RSI is following the direction of the potential trade. (Green means the Blue line should bemoving up, Red means theblue line should be declining) We must also make sure this blue line is

in between our 30-70 range we have set. It is a well known rule that most traders swear by, that if

the indicator goes above 70 it is considered over bought and if the line drops below 30 it is

oversold, therefore it is unlikely to go over or below these lines.

5) The Directional Movement colour should match that of the MACD bar. We are looking at abuying trade (green) so both must match the same colour.


10/18

6) Stochastic: If we are buying (Green) as we are in this example, then the red line should bebelow the blue line and be moving in a upward direction. They should also be within the black

horizontal lines we have set.

Once all the above indications are showing as above we are ready to open a trade. The above

example is for a BUY trade. As all the above indicators are pointing to a POSITIVE trend on the

market. Remember RED = Sell GREEN =Buy

Opening a trade

When we realize that there is a trade appearing we click the TRADE button on the market where it

appears, the above example was the GBP/USD rolling daily


11/18

We are then presented with a box like the one above. We enter our stake per pip; I have used 1 as an

example below. We set our stop loss at 8 pips. So we can never lose more than 8 times our stake (each

market has and individual stop loss, so please refer to the earlier part in the manual). We then click on

the SELL button to open the trade, and keep our eyes fixed on the indicator to see when we need to

exit.

The exit and closing our trade

There are 4 ways in which we can exit a trade:

1) We reach our daily target in the middle of a trade, and close it, thus locking in the profit andexiting our trade. We exit here as we have made our daily profit of 20-25 pip. We would not

let it run, as we have made out target in just 10 minutes, there is no need to risk losing the

profit made.

2) Our stop loss is implemented. The price drops below or stop loss, and we exit automatically asset out in the manual.


12/18

3) THIS IS COMPLETELY OPTIONAL BUT PLEASE TAKE NOTE- I personally look at the

movement of the indicators such as the RSI and DIRECTIONAL MOVEMENT. If we are in a trade and

the DIRECTIONAL MOVEMENT and RSI start to move in the opposite direction of our trade, (i.e. we

are in a buying trade and the indicators are starting to move downwards) we can predict a possible

market change and exit taking our profit with us. This is a personal tip from my trading experiences;

however I would like to share it with everyone. Maybe try using this in a few situations, I have found

although it can stop maximizing large profits, it often stops losses and means we make more pips.

Have a go and let me know how you get on.

4) The Exit signal as outlined below appears (the MACD bar closes below the previous MACD bar).

We therefore take any profit we have however small and exit.

All we look at is the MACD and we are looking for the first MACD bar to close BELOWthe last (in

opposition to our active trade). So, if each bar continues to closeABOVE the previous bar, we justcontinue. But the moment a bar closes LOWERthan the last we exit the trade. In the below example

the red bar has closed below the previous bar, thus we now close the trade. Please see the example

below.

To close your trades click on the close button in the bottom section of the Tradefair screen. (Note: it is

a good idea to click on this before you get the Exit signal so that you are ready to close your trade as

soon as the Exit signal appears.) We then click on the opposite box. In this example we initially chose

to sell so we now buy closing the trade and making our profit. The simplest way is to click on the

'Open Positions' button to view your open trades. You will see a Close button on the right hand side. If

you click this button, you will only be given one option either a buy or a sell i.e. an equal and opposite

trade.


13/18

In the trade example above we opened at 5957.8 and exited at 5947.8 thus making 10 pips profit for 15

minutes work. 10 pips x 15 (which is the stake I use) = 150.

SELLING METHOD

The selling method is exactly the same as the method described above, however all the indicators must

be moving in the opposite direction.

Stages of indication:

1) The colour of the MACD bar changes from green tored2) The next MACD is RED and is higher than the previous 5 minute MACD therefore indicating

the opening of a trade. So we wait until this 5 minute period has finished and the MACD entry

signal bar has closed BELOWthe indicator bar. In other words, the second REDMACD bar

should be longer than the first and you need to wait for it to finish.

3) The ORANGE 30 MAis showing a negative progression (SELLING) Trade. The large arrow isshowing a very strong downward trend for several hours. This is indicating that a large trade

could occur. The smaller arrow indicates the last 10 minutes of where we should confirm the

direction of the ORANGE MA30.


14/18

4) The RSI is following the direction of the potential trade. (Green means the Blue line should bemoving up, Red means the blue line should be declining). The blue line is also within our

black line indicators. In this example the blue line is showing a negative decrease thusindicating it will decrease.

5) The Directional movement must match the colour of our MACD bars. In this instance we areselling, so both the directional movement and MACD bars must be red.

6) Stochastic: If we are buying (green) the blue line should be above the Red line and should bemoving in an upward direction. If we are selling (red) the red line should be above the blue


15/18

line and be moving in a downward direction. They should also be within the black horizontal

lines we have set.

Once all the above indications are showing as above we are ready to open a trade. The above

example is for a SELL trade. As all the above indicators are pointing to a positive trend on the

market. Remember RED = Sell GREEN =Buy

The Chart should as a whole like the following. Each arrow pointing to every criteria, and the fact

that it is met

We are now looking closely at the MACD to see when we need to exit the trade. As previously

described please get everything ready so that if needed we can exit the trade quickly maximizing

profits.

The Exit/Close of the trade

At this stage we again look for 1 of our for exit points. In this trade we made our daily profit, and thus

exited at our 25 pip point. This trade produced an astonishing 48.5 pips letting it run.


16/18

Time to avoid trading

Avoid periods like this. There is very little movement in the market and we are unlikely to find a

trade. Any trades that do occur are not likely to yield any substantial amount. The candlesticks are

constantly changing colour and the bars are very short.

Strong Markets for Trading

Very strong sell Trade, Look at downward movement of EMA30 for several hours while the DMI shows the

same thing. Notice there are several profitable SELL trades.


17/18


18/18

Important information: PLEASE READ

Trading financial markets is subject to market risk. Some financial products, such as currency

exchange and foreign exchange, are highly speculative and any investment should only be done with

risk capital. Prices rise and fall and past performance is no assurance of future performance. The

contents of this guide are for information and educational purposes only. Trading can carry a high

level of risk and may not be suitable for everybody. I am not responsible if any losses should occur

whilst using the method above.

financial freedom traders plan

Documents