BTMM INTRA-DAY SETUP (PDF)

Hello there
Thanks for Passing by this blog

Today we Have the Intra-Day Setup Notes for BTMM students.

Steve Mauro is a FOREX expert specializing in the concept of "market makers," a group of elite traders who control price action against the smaller retail traders. He is the sole educator and instructor for Market Maker's FOREX, a website that he owns and operates.

The pattern is identical to the 3-day cycle. However, within the 3 levels, the amount of activity of the MM varies.

 1. The 1st level and its correction is driven by the MM and is characterized by fast moves. 

2. The 2nd level and correction is market-driven in the absence of market-makers support. Instead, it is driven by emotional traders who enter the market. Because this is not driven by the market makers the size of the moves tends to be smaller. This is because retail traders don't have access to the size of trades or the coordinated effort to move price at will. 

3. The 3rd level and its correction see a return of the market maker to the table. This is an area of profit taking for the MM where further movement in the direction of the technical trend is encouraged before the stops are triggered. Traders can become panicked and confused. During the 3 levels market-makers will buy from traders to create positions. The heaviest volumes are seen at the 3rd level.  

CLICK HERE TO DOWNLOAD

As with every strategy that we post here, PLEASE, PLEASE do practice this in a demo account and be consistent in the demo using the strategy, don't just go on the rampage saying I now know this strategy without making the actual money from trading. Make sure you practice the strategy before trading your real money.

Follow this and more on our blog and other sources of information. Wishing you great success in your trading journey.

Peace out :)  

Disclaimer: 

THIS PDF AND OTHER MATERIALS FROM THIS/IN THE NAME OF THIS SITE (fxstrategylife.blogspot.com) IS FOR EDUCATIONAL PURPOSE ONLY.  FOREX TRADING CARRIES A HIGH LEVEL OF RISK, AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE HIGH DEGREE OF LEVERAGE CAN WORK AGAINST YOU AS WELL AS FOR YOU. BEFORE DECIDING TO INVEST IN FOREIGN EXCHANGE YOU SHOULD CAREFULLY CONSIDER YOUR INVESTMENTS,  OBJECTIVES LEVEL OF EXPERIENCE AND RISK APPETITE. THE POSSIBILITY EXISTS THAT YOU COULD SUSTAIN A LOSS OF SOME OR ALL OF YOUR MONEY AND THEREFORE YOU SHOULD NOT INVEST MONEY THAT YOU CANNOT AFFORD TO LOSE.