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Nexgen Indicator & Ninja Trader Basics Guide.

1. Video resources for Nexgen users CLICK HERE FOR VIDEOS 2. Nexgen Educational Online Chat Room Access

A. Disclaimer……………………………......................................(Pg.2-3) B. Accessing Nexgen's online chat room ........................(Pg.4)

3. Ninja Trader Charting, Data and Execution Platform

A. Opening Ninja Trader Platform ………………………….…. (Pg.5) B. Opening a Ninja Workspace……………………….......…... (Pg.6) C. Closing a Ninja Workspace ...............................…..… (Pg.7) D. Moving and Scaling your Charts ........ ……………..…….(Pg.8) E. Adding Chart Trader to Place Trades .……………..…….(Pg.9) F. Adding Automated Stops and Targets …………..….. (Pg.10-11) G. Applying pre-made Templates to Chart ……..…….. (Pg.12) H. Turn on off Trade Entries Exits on Chart ………..….. (Pg.13) I. Adding or Building a New Chart .............................. (Pg.14-16) J. Adding New Symbol, Rolling Contracts ................. (Pg.17) K. Platform crashing and basic Trouble Shooting ....... (Pg. 18) L. Download updates and computer specs……………….(Pg. 19)

4. Nexgen Indicator Descriptions A. Fibonacci Support and Resistance ........…………....… (Pg.20-22) B. Trigger Lines Indicator ................……………………..…. (Pg.23) C. Nexgen Dynamic Renko Bar …………………………...... (Pg.24) D. Changing Size of Nexgen Dynamic Renko ............. (Pg.24) E. Mid Bands and Fib2Fib Oscillator use...................... (Pg.25) F. T3 Divergence & Potential ...................................... (Pg.26) G. Glossary of Terms Commonly Used……………………….(Pg.27-29) H. Example of Simplified Trading Plan ……………………….(Pg. 30) I. Homework assignment for studying setups………..…(Pg. 32)

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Please read and understand the following disclaimers before proceeding:

Futures, FX and SECURITIES and or options trading involve substantial risk. The valuation of futures and options

may fluctuate, and as a result, clients may lose more than their original investment. In no event should the

content of Nexgen Software Services Website or Software be construed as an express of an implied promise,

guarantee or implication by Nexgen Software Services that you will profit or that losses can or will be limited in

any manner whatsoever. Past performance is not necessarily indicative of future results. Information provided

on this website, publication and or software program is intended solely for informative purposes and is obtained

from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied

or possible where projections of future conditions are attempted.

No information accessed through this program (s) constitutes a recommendation by Nexgen Software Services

to buy, sell or hold any security, financial product or instrument discussed therein. This information neither is,

nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities by Nexgen Software

Services. Nexgen Software Services does not offer or provide any investment advice or opinion regarding the

nature, potential, value, suitability, or profitability of any particular investment or investment strategy, and you

shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your

evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

In using the T3 ProTrader and associated software you will also need access to several other programs such as,

Ninja Trader, Data providers, Internet Connections, and any other program deemed necessary for its use. By

using the T-3 Fibs ProTrader and associated software you agree to hold harmless Nexgen Software Services and

any of its agents for any failures caused by third party programs.

The CFTC requires the following disclosure statement in reference to hypothetical results.

Please read and acknowledge this risk disclosure to proceeding. The risk of loss in trading commodity futures

contracts can be substantial. You should therefore carefully consider whether such trading is suitable for you in

light of your financial condition. You may sustain a total loss of the initial margin funds and any additional funds

that you deposit with your broker to establish or maintain a position in the commodity futures market.

THE PERFORMANCE TABLES AND RESULTS OF THE TRADING SYSTEMS PRESENTED ARE HYPOTHETICAL IN

NATURE AND DOES NOT REPRESENT ACTUAL TRADING RESULTS.

Required Warning!

Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance

record, simulated results do not represent actual trading. Also, since the trades have not actually been

executed, the results may have under- or over-compensated for the impact, if any, of certain market factors,

such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are

designed with the benefit of hindsight. No representation is being made that any account will or is likely to

achieve profits or losses similar to those shown.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED

BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR

LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN

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HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY

PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED

WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK,

AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN

ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR

TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT

ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR

TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN

THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT

ACTUAL TRADING RESULTS.

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NEXGEN SOFTWARE’S ONLINE TRAINING ROOMS return to top

Nexgen’s educational chat rooms are designed to teach traders how to read the software properly

though interactive feedback. Nexgen will be answering software questions & critique on clients’

simulated trading of software from 9 am ET - 12 Noon ET and a basic education 101 class in the

afternoon. Our open dialogue forum is designed so you can ask questions, post your own charts, and

trade executions for feedback. Live trades will be taken, and more importantly a complete break down

the interpretation of the software and rules for a trade are discussed.

Join the room from the education page on our site. http://nexgent3.com/education/

Trading is the most important thing you can do when learning to trade. SIMULATION trading and (lots of simulation before live money) with posting those trades in class for review will exponentially accelerate your learning curve. The class will help you learn to recognize trades before they happen and hone your skills as a trader by placing and managing trades. You must prove your understanding of the plan by making simulated trades that are highly profitable. Only when you are completely comfortable taking the correct trades and finished fine tuning your own version of the plan, will you be able to make real money trades. DO NOT TRADE LIVE MONEY UNTIL YOU HAVE A WRITTEN PLAN THAT YOU CAN GUARANTEE YOURSELF IS A WINNING PLAN & YOU CAN GUARANTEE PROPER EXECUTION OF THE PLAN!

1. How to capture a picture of your trade and upload it into the chat room for feedback. a. Using Tech Smith product FREE CAPTURE or SNAG IT (paid version) b. Screencast.com Set up a FREE account with email and password to upload pictures c. Taking of a picture by clicking CAPTURE and dragging the area to capture d. Annotating a trade- what to include – CLICK FOR EXAMPLE

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e. Posting a picture in classroom UPLOADING TO SCREENCAST f. Why it is so important to not practice the wrong trade – CLICK HERE

HOW TO OPEN NINJA TRADER return to top

Select the Ninja Trader Icon on your desktop and double click on it. Make sure you use the 64-bit

version. Both Ninja Trader 7 and 8 have a similar look and feel.

How do I close Ninja Trader down after I am done trading for the day?

Ninja 7 click FILE > WORKSPACE > CLOSE, then FILE> EXIT Ninja Trader 8 – Click the “X” at the top

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It is important that you close your workspace and save it PRIOR to exiting the program to prevent errors

or corruption of the workspace. If you corrupt a workspace you will have to rebuild it or re-download

the files from the website.

OPENING A WORKSPACE return to top

OPEN WORKSPACE: click FILE > WORKSPACES > OPEN WORKSPACE and select your workspace

OPEN WORKSPACE in NINJA 8- click on workspaces and select which workspace to open

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TO CLOSE WORKSPACES return to top

Ninja 7 go to Control Center, click File>Workspace>Close Workspace>Yes to All when asked to save it.

Ninja 8 just click workspace > save > close

Why can’t I close my workspace in NT7? Ninja says that it cannot close the last open workspace.

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Ninja Trader requires that all at least one workspace remain opened when the platform is shut down.

Click File > Exit to close this last workspace if you only have one open.

CHANGE VISUAL – MOVE & SCALE YOUR CHARTS return to top

During the day you will continually wish to expand or contract your charts. Realign data(“F”) or move it

from “scrolled back” to the right. (WHITE ARROW) Scaling charts is the same for both Ninja7 and Ninja8.

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OPEN OR ADD CHART TRADER – BOX ON THE RIGHT TO PLACE TRADES MANUALLY return to top

Both Ninja7 and Ninja8 require the chart trader button to activate or hide chart trader. If you use T3

Market Flow Strategy, the chart trader on Ninja7 must be off.

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SETTING UP STOPS AND TARGETS IN NINJA 7 return to top

From your chart trader select the 3 dots icon below the Qty of contracts to trade- IF USING FREE

VERSION OF NINJA, you won’t have chart trader function so you must use the Super Dom to place

trades.

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Set up your stop and target levels then right click in the “not obvious” blank space to save your ATM

with your desired name. Use drop menu on your chart trader to select which ATM you wish to use.

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APPLY OR SAVE A PRE-MADE CHART TEMPLATE return to top

Right click in blank space on chart. Go to templates and then apply or save as. Same in both versions

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HOW TO PLOT EXECUTIONS ON THE CHART- ARROWS AND ENTRY EXIT PRICES return to top

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CLICK DATA SERIES button. Scroll to the very bottom of the listing and find “Plot Executions”. You can

choose between “Do Not Plot”, “Markers Only”, and “Text & Marker”.

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BUILDING A NEW CHART IS VERY IMPORTANT FOR TRADING AND MARKET REPLAY return to top

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On ninja 7 check bar type time frame and use templates for sessions (24-) and chart templates. You will

do the same on Ninja 8 with one exception. You must make sure “tick replay data” loads.

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Adding a new symbol that is not currently listed- Also rolling over futures contracts return to top

From the control center CLICK > Tools Instrument > Manager

from this menu type in the name of the symbol and search, you can use the description if you do not

know the name of the symbol. Then highlight the symbol and use left arrow to move it to your list.

NINJA 7 – USE CHART TOP LEFT BUTTON TO CHANGE DATA - go to the top right edge of your chart and

use drop down menu and select new month for each chart.

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NINJA CRASHES EVERY TIME I OPEN IT – DON’T PANIC THIS IS USUALLY AN EASY FIX return to top

1. A CORRUPT WORKSPACE – MOST COMMON ISSUE AND SEE “A” BELOW TO FIX

2. EXPIRED– usually this means it is time to pay for service or your payment method was expired

and will need updating. You should be emailed prior to expiring cards, check email on file.

3. SECURITY VIOLATION – rare but sometimes thing stick in the internet. You can reboot your

machine, execute your “user file” https://www.screencast.com/t/jbrumezfWSRj (ONLY ONCE)

4. NEXGEN SERVERS ARE DOWN (RARE) – please feel free to skype or email Tech Support or John

Novak. FYI there is no need to call or text or email multiple times. We see the first one.

“A” a corrupted workspace will cause Ninja Trader to crash when launching the platform. You will need

to keep this workspace from automatically launching when Ninja Trader is launched.

Browse to Documents>Ninja Trader 7>Workspaces and delete the “_Workspaces.xml” file. This will

result in Ninja Trader launching only a single untitled workspace the next time that it is launched. Then

you can try to open your backup workspace. Or create your charts from scratch or reload templates and

workspace from the resource page on the site. https://nexgent3.com/resources/

Ninja did not automatically connect to the data when I launched the platform. I receive the following

message when I try to connect to my data manually. “LOGIN FAILED; UNSPECIFIED LOGIN ERROR”

It is likely that your free trial to the data has expired. You can sign up for a new Username and Password

for your trial here https://ninjatrader.com/

You can also open a very small account and pay small monthly brokerage fees for data subscriptions.

This is normally the best option if you are going to sim for months prior to trading live.

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Where can I find the latest updates to the Nexgen Software. return to top

All software updates are posted to the Resources page of the Nexgen website.

https://nexgent3.com/resources/

FOR BEST RESULTS PLEASE FOLLOW THESE COMPUTER RECOMMENDATIONS

• Fastest Available processor recommended @ 3.5 GHz or Higher • Minimum 16 gigabytes of RAM • Solid State Drive Hard Drive with Min 100 gigabytes space, Solid State Drive is faster for sure! • Multiple Monitors Video Card - that will run at least two monitors 3 is best. This is very highly

recommended when learning so you can follow your charts and the educational room. • Monitors- 2 or more recommended https://www.screencast.com/t/GFwt0doGDlK • Operating System- Windows 10 is preferred. Windows 7 will soon be gone. • Internet- FASTEST available. (10-20 Mb per second is minimum) 100+Mb/Sec is best

• Cleaning and Maximizing your computer -optional software products that are helpful o Process Lasso - https://bitsum.com/ check desktop folder for cpu settings o Norton Utilities - https://products.norton.com/content/pd-msm/us/en-us/nu.html

•

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T3 Fibs ProTrader Fibonacci Support and Resistance return to top

The Fibonacci support and resistance areas Nexgen software will plot are generated using Fibonacci

projections and retracements from thousands of pivots and up to 10 timeframes of data. Nexgen’s

algorithms automatically do this work for you. Many traders are familiar with Fibonacci use and we

have included a few examples of each type of calculation used in the following examples.

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T3 Fibs ProTrader will do calculation from 1000’s of swings over 30 day, build synthetic higher

timeframes and then do all of those possible combinations.

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The results of our filtering algorithm in the T3 Fibs ProTrader will only display Fibonacci areas that have

the highest concentration of the most powerful and likely to cause a bounce Fibonacci area as a simple

ed or blue line.

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T3 Trigger Lines return to top

The T3 Trigger lines are the indicator that you will use to determine trend, momentum and if your

Fibonacci levels will hold or break. When both triggers are in same direction you can do a trend trade.

When the small and large triggers come together, you must follow Fibonacci support or resistance areas.

The location of the small triggers above or below the large triggers will determine the background color

and help to define a potential change in trend.

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Nexgen Dynamic Renko Bar Type – return to top

The BAR is generated based on range (minimum price fluctuation) from high to low, as such there is zero

relationship to time. 1 dynamic Renko bar may take seconds or 20 minutes depending on the volatility.

Bar structure smooths the data, removing any noise. NOTE: THIS BAR STRUCTURE MAKES EVERY

MARKET APPEAR THE SAME! WHEN YOU LEARN THE RULES ON 1 MARKET, YOU CAN TRADE ANY

MARKET & ANY TIMEFRAME CONFIDENTLY!

REVERSAL PRICE (MARKER) will be denoted on each chart with a line label and price (WHITE). These are

plotted on the charts for you so that you will know at what price the market will make a reversal.

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Mid Band Moving Average Use return to top

Nexgen will use a 55-period moving average AKA “mid band” or 165 period moving average for support

and resistance, these areas will be used for "Trend Trades" when trigger lines agree

T-3 Fib2Fib Oscillator

This proprietary oscillator will help to define trend trade retracement levels. The rule is to wait for the

upper or lower 25% of the oscillator range to be met on your smaller charts as you look to initiate a

trade with the trend as defined by very strong triggers on the larger charts and support or resistance.

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T-3 Dvg Potential (divergence potential) return to top

This indicator will plot “discrepancies” in the Fibonacci retracement value between price swings and T3

Macd BB lines indicator swings. It will plot negative #’s when there is divergence. NOTE: size of # does

not matter. When there is a divergence high a magenta line will be plotted from that high along with (-#)

Cyan lines will plot after a divergence low is established with (-#).

Some of the many ways that divergences are used in entry and exit management.

1. If multiple charts have divergence then the trend will generally reverse and you should use

caustion or avoid any further trend trades.

2. Divergences on price that are directly at Fibonacci areas will usually stop the trend and cause a

reversal. We refer to these a termination conditons. Fibs + Divegence is a key pattern to

recognize as they happen.

3. The first divergences without the benefit of “areas” usually help get the market back to a trade

spot. SEE EXAMPLE HERE of helper vs termination divergence.

4. Divergence at Fibonacci areas * with a “favorable trigger line” will determine the entry points

for edge of Fibonacci trades or pivot stop out with the trend trades.

5. If major divergence are broken, the trend will remain strong until the synthetic trigger line cross

against the strong trend.

6. Please refer to the trading plan for uses of the T3 Divergence potential indicator.

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GLOSSARY OF COMMONLY USED TERMS return to top

ONE TO ONES- “yellow dots” 100% alternate Fibonacci projection – CLICK FOR EXAMPLE

DIVERGENCE – compare macd bb swing vs price – CLICK FOR EXAMPLE

BINGO – you will hear this term many times when a profit target has been reached and filled on a

winning trade.

TTFM – A phrase used to decribe a consensus to take the “freaking” money AKA “exit a position”.

HBNS SYNDROME- refers to John Novak’s state of mind. “ HAPPY BUT NEVER SATISFIED” aka always

looking for a better way to do something. This is a good thing as it facilitates change for the good.

PLEASE POST PIX OR QUESTIONS – this is when John Novak the developer urges users of the chat room

to participate in their own education by asking any question. Do not be scared or intimidated and post

questions no matter how “trivial” you think they may be. Someone else has the same question.

LONG - BUY – GO LONG -ENTER LONG – to take a position in the market when you anticipate that prices

will be going up over the near term.

SHORT SELL GO SHORT – to take a postion in the market when you anticipate that prices will be going

down in the near term.

HIGH PROBABILITY- you will hear this term used when almost every indicator on every chart is in

agreement with rules for a trade.

MEDIUM PROBABILITY- this is when most indicator line up for a trade but a small issue exists.

LOW PROBABILTY- this when when you have a very low chance of winning a trade. Usually you will see

the trade setup on small charts but the larger charts “hurt” your chance of winning.

TERMINAL AREA / CONDITION- this is any condition that happens on the charts that will have a high

probability that the trend will end. This is a good condtion for “counter trend” trading and is also the key

condition to know when to “stop” taking trend trades in the direction of the trend.

STOP – RISK – this is the price or amount of money you will be risking on the trade.

TICKS – PIPS POINTS– this refers to the smallest price increment for an instrument. Usually used in the

phrase, “I made 20 ticks on that trade or I lost 8 ticks on that trade”.

TARGET PROFIT EXIT - this is the price at which you will exit your position with a win hopefully.

BE - BREAK EVEN – NO RISK – BE+1 .. this is a term used in the chat room that represents the fact that

you have now moved your protective stop in a trade to a no risk situation.

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GRACEFUL EXIT - when the condions have changed against your trade position and you take and exit

that is not a full loss. You must manually take yourself out of the trade when condtions change for this

to be true.

“SYNTHETIC” FIBS / TRIGGERS / DIVERGENCES / MID BANDS - any indicator that came from a different

chart that is plotted on the chart you are looking at.

FIBONACCI SUPPORT – refers to a blue line that runs horizontal on the chart.

FIBONACCI RESISTANCE -refers to a red line that runs horizontal on the chart.

HVA SUPPORT/ RESISTANCE (LINE) – this refers to the market flow GREEN or MAGENTA lines generated

from white paint bars on the range based T3 Market Flow chart. Usually very helpful in defnining

support or resistance with trigger lines crossed in the same direction with the trend.

MID BAND – green or magenta moving average line running in the middle. 55 period Moving average

SUPPORT (general) any area that might cause the market to bounce up. This may include but not

limited to mid bands trigger lines or fibonacci areas that may cause a bounce for entry or profit target.

RESISTANCE (general) any area that might cause the market to bounce down. This may include but not

limited to mid bands trigger lines or fibonacci areas that may cause a bounce for entry or profit target.

1:1’s ( ONE TO ONE’s) – a Fibonacci projection of 100%. One swing distance =’s another. These are

represented mostly by YELLOW DOTS or Magenta dots and may represent general support or resistance.

DIVERGENCE DIVERGENCE LINE- this is what the (-#’s) are called that plot on top or bottom of bars.

These represent a divergence between T3 Macd BB lines and Price. Please refer to trading plan for uses.

TRIGGERS, SMALL TRIGGERS, LARGE TRIGGERS, SYNTHETIC TRIGGERS, 14-2 Triggers, 8-2 large triggers

all of these are descriptive of T3 Trigger Lines. Either from a particular chart or particular line.

SMALL TRIGGERS are the fastest closest to the bar trigger lines. They use a 20 period or bar average

LARGE TRIGGERS are the medium fast triggers and they use a 38 period or bar average.

SYNTHETIC TRIGGERS – generally much larger than small triggers or large triggers and this set of

triggerlines comes from a much larger chart. These triggers usually “STAIRSTEP” up and down.

STRONG LOOK- #1 LOOK (trigger lines) – This is when all triggers lines are strongly crossed up or down.

The small trigger will ALWAYS BE ABOVE all of the other when strong #1 look is up and the small triggers

will ALWAYS BE BELOW all of the other trigger when #1 down. See Trading Plan

TRANSITION LOOK (trigger lines) – This is when the small triggers CROSS ABOVE OR BELOW all other

triggers for the first time. This will start a trend trade and have specific management implications.

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WEAKING or INSIDE LOOK (trigger lines)- the market is usually trending and this is when the small

triggers start to get “inside” the larger triggers. This represents the need to read the Fibonacci support

and resistance areas to know if you should keep trading with the trend or stop. See Trading Plan

RANGE BOUND – CHOPPY – CHOP- (trigger lines and market) – this is when the small triggers are

BETWEEN the large and synthetic triggers. This also refers to when the market has no trend.

TREND – This is the general market direction either up or down

TREND TRADE – this is buying pullbacks during and “up trend” & selling pullbacks during a “down trend”

EDGE TRADE – COUNTER TREND TRADE – this is when the trader will place a trade at the prior high or

low in an attempt to “sell the top” or buy the bottom”.

PIVOT STOP OUT – AKA DOUBLE TOP/BOTTOM – this is when the market has made a top or bottom

and the market soon after retests the high or low price (sometimes trading just beyond it) then

reversing. This language is used in edge trading or when looking for entries at prior highs or lows.

PIVOT – REVERSAL – REVERAL BAR- this is when the market puts in a bar that is in the opposite

direction. This is normally the time and place at which the STOP ORDER is moved to lessen risk.

REVERSAL PRICE (MARKER) will be denoted on each chart with a “gold” label and price.

14-2 REVERSAL MARKER – the reversal bar price for the 14-2 chart super imposed on smaller than 14-2

charts. The 14-2 reversal marker is SHOW HISTORY TRUE on the 5-1 so that you may see where all past

14-2 reversal bar markers are relative to trend trades taken on smaller charts. You may activate show

history on all charts if you wish.

LIMIT ORDER – ENTRY – this is when the user places and order at a specific price before the market

reached that price in an attempt to enter at an exact spot. This is done by right clicking on the chart and

buying or selling limit order.

GAP – BIG GAP – GAP TO SYNTHETICS – this is a term to describe the market being at support or

resistance and the SYNTHETIC triggers being very far away from that current price. Generally used in

edge or counter trend trading.

RETRACEMENT – PULLBACK – this is a term to describe a small move in price counter to the underlying

trend.

14-2 or 8-2 MID BAND – green or magenta moving average line ( dashed or dotted) running in the

middle that is synthetically drawn on a smaller chart. . 55 period exponential moving average from

higher time frames.

MOTHER SCRATCHER - generally a phrase uttered out when something did not go right.

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Example Simple Trading Plan return to top

Review Trading Plan on the education page to learn basics along with videos CLICK HERE the following is

a generalized outline to help you organize your thoughts when you right your own plan. This plan is for

educational purposes only. You assume all responsibility for your own plan and trades and agree that

Nexgen nor any of it’s employees are giving you personalized trading advice.

*You are required to construct your own personal plan in words and pictures so that when you take a

trade, your indicators will look the same for each of your trades. It is important you have pictures you

use to compare your live trades against the pictures in your plan. Generally, it is good idea to document

at least 10 -20 examples of each of your setups. Finding (studying) your setups historically will help

remember the looks when you see them live. Annotate your rules on every one of your charts when you

take a trade and save the picture to your spreadsheet. You will become a confident self-sufficient trader

that can “self correct” if you make a mistake. Post pix in class for feedback and real-time critique. Please

have your plan pix handy when in live trading room so we will be able to ask which rule you intended to

follow. You will quickly follow your rules this way. The following is to help you get started.

BECOME A WINNER BY TAKING THE SAME LOOK TRADES EVERY TIME WITHOUT FEAR OF LOSS OR

CONSEQUENCE- THE LOOK I WILL TAKE 100% of the time no matter what I think or feel will be…

Trend Trade Long Rules- Only with strong triggers on 14-2 and 8-2 chart. Entry at 8-2 synthetic triggers

and Fibonacci support (and or) green mid band (and or) yellow 1:1s with room to targets.

Insert your pictures for each trade you will take- PRE TRADE LOOK AND WHAT THEY LOOK LIKE AFTER

• EXAMPLE LONG TREND TRADE AFTER FIBONACCI SUPPORT HOLDS - DEFINE LOOKS EXAMPLE

• EXAMPLE LONG TRADE WITH TREND AFTER OR WHEN FIBONACCI LEVELS S BREAK

• PRE TRADE LOOK - EXAMPLE LONG TRADE IN BETWEEN FIBONACCI LEVELS

Trend Trade Short Rules- Only with strong triggers on 14-2 and 8-2 chart. Entry at 8-2 synthetic triggers

and Fibonacci support (and or) magenta mid band (and or) yellow 1:1s with room to targets.

• Short Trade Look – Make sure you always annotate your triggers and areas you trade!

• Insert more pictures. 10-20 examples of long and shorts so you know your look.

STOP LOGIC THOUGHTS

• My stop will be MAX “#” TICKS. Your stop should not be placed in a spot the market may go

before turning in your favor. If you must risk a few extra ticks define how many is your max.

• “I will move my stop behind a new pivot if “I get a reversal bar”

• I will trail my stop behind new pivots when the 8-2 triggers agree to stay in.

• I will exit if the 8-2 triggers weaken and price hits a support resistance.

• I will not trade into Fibonacci areas that have held prior to my trade.

• I will not trade into yellow one to ones that have held

• I will exit trend trade if I get two divergence against my position

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• I will exit if I get divergence and price and small triggers are on the wrong side of the 8-2

synthetic triggers.

• I will take 20-ticks profit on every trade for first month until I am 100% confident.

2. I will annotate and post my trades and put them in classroom a. Snag It or free version of screen capture JING SNAG IT (paid ver.) b. Screencast.com Set up FREE account with email and password. c. Annotating a picture and what to write on it

• I will add those pix to my spreadsheet

AFTER THE TRADING DAY AND GENERAL THOUGHTS

• I will do market replay 1 time per day and replay the day fixing mistakes.

• I will review any losses and my wins and determine what I could have done better

• I will NEVER EVER TRADE LIVE MONEY UNITL I AM 100% PROFICIENT WITH MY PLAN AND I

KNOW MY PLAN WINS & I CAN GUARANTEE MYSELF THAT MY RULES WIN MORE THAN LOSE

• I will ask for help in the live classroom if I need it

• If I go live and I do not follow my rules and lose money I will stop immediately so I do not do

much damage. I will revisit simulation and revisit my rules and make sure I am ready to follow

them again when I go live.

• I WILL SEND ALL OF MY FRIENDS TO NEXGEN BECAUSE I LOVE IT

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Homework for studying setups. return to top

1. Apply the 14-2 two trigger line templates to your chart and then circle all the bars that have

two strong triggers and tails. These circles will be applied to your other charts.

2. You will then go to the 5-1 chart and on the first bar towards the possible tail find the spot

where support and resistance meet the triggers and draw a box.

34

Study the trade as they are pinpointed by triggers on the 8-2 chart along with the other charts.