RECAP OF THE LAST CLASS

TYPES OF TRADERS
 The four main types of traders are categorized based on their trading style and the duration they
hold their trades. Here’s an overview:
1. Scalpers:
1. Duration: Seconds to a few minutes.
2. Description: Focus on making small profits from rapid price movements. Scalpers execute many trades
throughout the day, aiming to accumulate small gains.
2. Day Traders:
1. Duration: Within a single trading day.
2. Description: Buy and sell assets during the same day without holding any positions overnight. They focus
on taking advantage of daily price fluctuations.
3. Swing Traders:
1. Duration: Several days to a few weeks.
2. Description: Aim to capture short- to medium-term price movements by holding positions for a few days to
weeks. They often use technical analysis to identify trends.
4. Position Traders:
1. Duration: Several months to years.
2. Description: They take a long-term view and hold positions for extended periods, focusing on fundamental
analysis and broader economic trends rather than daily price movements.
QUARTELY THEORY AS IT RELATE TO
EACH TRADERS
 1. Position Traders (Yearly Focus)
 Duration: 12 months (1 year)
 Quarterly Segments: Divided into 4 quarters, each with distinct trading behavior.
 Q1 (January - March): Initial market positioning, focusing on setting up long-term trades based on fundamental
analysis and yearly economic forecasts.
 Q2 (April - June): Adjust positions based on quarterly earnings reports and economic data releases.
 Q3 (July - September): Re-evaluate positions, incorporating mid-year reviews and adjusting strategies based on
market shifts.
 Q4 (October - December): Preparing for year-end adjustments, securing gains or cutting losses, and repositioning
based on year-end market trends.
 2. Swing Traders (Monthly Focus)
 Duration: 3 months (Quarter)
 Quarterly Segments: Divided into monthly trading strategies.
 Month 1: Entry phase, analyzing recent trends and setting up trades for anticipated movements.
 Month 2: Hold and adjust positions based on evolving market conditions and new information.
 Month 3: Close or reposition trades before the quarter ends, locking in gains or adjusting for losses.
 3. Day Traders (Daily Focus)
• Duration: 24 hours (1 day)
• Quarterly Segments: Divided into four 6-hour sessions.
• Session 1 (12 AM - 6 AM): Pre-market analysis and early entry points, often monitoring Asian and European
market activity.
• Session 2 (6 AM - 12 PM): London session trading, capturing the high-volume market open.
• Session 3 (12 PM - 6 PM): New York session, often the most volatile part of the day with high liquidity.
• Session 4 (6 PM - 12 AM): After-market adjustments and position closure, focusing on trends from the New York
close and setting up for the next day.
 4. Scalpers (Hourly Focus)
• Duration: 60 minutes (1 hour)
• Quarterly Segments: Divided into four 15-minute intervals.
• Interval 1 (0 - 15 minutes): Quick analysis and entry, looking for immediate opportunities.
• Interval 2 (15 - 30 minutes): Evaluate early trade performance, either holding or quickly closing trades for profit.
• Interval 3 (30 - 45 minutes): Adjusting or adding to positions based on market movement.
• Interval 4 (45 - 60 minutes): Final trades of the hour, focusing on quick exits before market conditions change.
Major crazilo concept mastery
daytrading
•London Session: 12 AM - 6 AM
•Execution Time: 2 AM - 5 AM

•New York Session: 6 AM - 12 PM

•Execution Time: 7 AM - 10 AM / 11 AM

•Close Session: 12 PM - 6 PM
•Execution Time: 1 AM - 3 AM

•Asian Session: 6 PM - 12 AM
•Execution Time: 7 AM - 10 PM
RECAP ON THE DIRTY DOZEN
 Talked About the Dirty Dozen:
 Fundamental analysis
 Trendline
 Support & Resistance
 RSI (Relative Strength Index)
 Bollinger Band
 Fibonacci
 Japanese candlesticks
 Stochastic oscillator
 Moving average crossover
 Chart patterns
 CCI indicator (Commodity Channel Index)
 Price levels
CANDLESTICKS
 What is a Candlestick?
 A candlestick is a graphical representation used in trading to display the price
movement of an asset within a specific time frame. Each candlestick captures four
critical pieces of price information: the Open, High, Low, and Close (OHLC) prices.
It helps traders visualize market trends, identify patterns, and make decisions based
on price action.

The components of a candlestick are designed to provide a visual summary of an

asset's price movement over a specific time period. A typical candlestick has two main
components:
 1. Body
 Description: The rectangular portion of the candlestick that represents the range
between the Open and Close prices for the time period.
 2. Wicks (or Shadows)
 Upper Wick (or Upper Shadow):
 Description: The thin line extending above the body, representing the price range
What is a Perfect Candlestick?
 A perfect candlestick is one where the Open, High, Low, and Close prices are all distinct
and occur at different points. This means that:
• Open: The price at which the trading period begins.
• High: The highest price reached during the trading period.
• Low: The lowest price reached during the trading period.
• Close: The price at which the trading period ends.
 In a perfect candlestick:
• The open price is not the same as the close price, indicating movement in the market.
• The high price is above the open and close prices, showing that the price reached a peak
during the time period.
• The low price is below the open and close prices, showing that the price dipped during the
time period.
 This type of candlestick provides a clear picture of price movement within the period,
showcasing market volatility and trader sentiment. It is often used by traders to analyze the
range and behavior of the asset's price during that specific time.
BEARISH CANDLESTICK

 Bearish Candlestick:
 A bearish candlestick represents a decrease in
the price of an asset over a given time period,
indicating that sellers were stronger than buyers
during that time.
• Color: Typically shown in red or black, highlighting
that the Close price is lower than the Open price.
• Structure: The Open price is at the top of the
body, and the Close price is at the bottom, with
wicks (or shadows) extending to the High and Low
prices.
• Significance: A bearish candlestick suggests
negative market sentiment, showing that the asset's
price dropped as sellers pushed the price lower.
bearish candlestick

 Characteristics of a bearish candlestick

 1. a bearish candlestick would open, go up to create an
high, then come down to create a low, after which it
retraces to a level
 2. a bearish candlestick candlestick would always spend
20-50% if its timeframe time manipulating
 3. a bearish candlestick without any of its wicks either
upper or lower wick, is called a BEARISH DEVIL’S MARK.
Bearish candlesticks are disgusting and useless to us as
crazilo smart money traders
EXAMPLE OF BEARISH DEVIL MARK
CANDLES
HIDDEN DEVILS MARK CANDLE
STICK
 O: 124.66 H: 124.96 L: 124.64 C:124.94
QUICK QUIZ SESSION ON MY BULLSHIT
BULLISH CANDLESTICK

 Bullish Candlestick:
 A bullish candlestick represents a rise in the price of an asset over
a specific time period, indicating the algorithm took price high during
that time.
• Color: Typically shown in green or white, highlighting that the Close
price is higher than the Open price.
• Structure: The Open price is at the bottom of the body, and the
Close price is at the top, with wicks (or shadows) extending to the
High and Low prices.
Characteristics of a bullish
candlestick
 A bullish candlestick would open, go down first to crete a low
( manipulation), then comes up to create an high, after which it
retraces to a level
 A bullish candlestick without any of its wick either upper or lower wick
is called a Bullish devil’s mark
 A bullish candlestivk must follow the power of 3( accumulation,
manipulation, distribution(balancing).
 A bullish candlestick would always spend 20-5-% of that timeframe
manipulating
Example of bullish devils mark +
hidden
CAN YOU TRADE A SINGLE
TIMEFRAME?
 YES

 OR

 NO
LIQUIDITY IN FOREX

 1. previous days high/low

 2. basic low/high of the previous session
 3. old rejection block( bullish/bearish rejection block
 4. equal high/equal low
 5. devils marks
 6. volume imbalance
 7. previous session final high or low
 8. gaps
 9. cme open in forex 3.30am/8.30am + .15min swing highs and low
 10. Swing high and swing low
PRACTICAL SESSIONS

 1.trading view calibration time/setting/indicator/pips calculation

 2. news
 3. forex pairs I trade
SOME TECHNICAL TERMS

 1. orderblock
 2. fair value gap
 3. inverse fair value gap
 4. rejection block ( relative equal high)