I Learn To Trade I Learn A Trade I V2014 FIS [Fon Ä°Ĺ&#x;lem Stratejisi] New FIS Trading System Information Document FIS methodology is a first in the world. Yes you read correctly it is. Generally, technical analysis is done with price technicals or price and indicator combinations. Here we are matching price to a specific strength level that exists behind the price movement. This enables us to match the price and the stregth of the movement without delay. Resulting in exact entry points, and thus tight stops with good return opportunities. With FIS we will be doing the technical analysis on the Strength Ä°ndicator first and then match that to the price. This will eliminate most fake break outs as you will witness that, although price breaks a level the Strength indicator does not break. Giving you a strong indication not to be fooled by the break out, but to the contrary carry on trading in the same direction as the market was trending originally. FIS is something I strongly recommend to traders competent in technical analysis. Here you are going to have to evaluate those levels remember FIS is not a robot, it does your technical analysis for you automatically not the trading. Templates: With FIS we will be evaluating monthly, weekly, daily, four hourly, hourly and fifteen minute charts. Sounds like a handful but it is not. When using FIS obviously you need to focus on one or maximum two currency pairs or commodities not more. You should not be focusing on anyhing more under any strategy any way. FIS will evaluate the time frames and we will take a look at the charts to decide where to take action... thats about it.
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The monthly/ weekly/ daily templates are the same except that the indicator settings are different beause the harmony between all of them are essential. You can not have the same setting on every indicator in different time frames and expect harmony between the flow of the market in every time frame. There is only one indicator window composed of four indicators. The main indicator there is the Strength Indicator. That is going to give us all the juicy support/ resistance levels we need to enter the trades. So its a very clean chart and easy to use. Once the higher time frames are evaluated, we can now take a look at the H4 and H1 to enter in the pull backs with very tight stops. Note that the pull backs are not price pull backs but indicator level pull backs. This is a huge difference between what the market does with all its price estimates that have no measurement of the strength behind the price. FIS is recommended to traders who took my technical analysis course and coaching. Reason being that FIS and actually MIS too (see MIS for details) has been developed according to the way I evaluate the market with pure technical analysis. What I did for years manually is now being done automatically, so you do need to have some understanding of the mentality behind it if you want to succeed. Including retests also know as good bye kisses and targetsof break outs of Strength and price correlation. FIS will constantly update itself automatically as the market conditions change in very bar, so as a trader you have to keep up with it. FIS is truely a system for a professional trader or someone who wants to be a professional trader! Principle: Take the highest time frame and work yourself down and evaluate the techncials as done by FIS. Note the monthly and weekly targets and where the price is going to meet resistance and support and start your trading at that level. Then continue to trade in that direction on the pull backs on the 4 hour and 1 hour time frames. This is the whole idea. Matching the pull back to the strength indicator and entering the trade in the direction of the higher time frame. Because you are entering at precise levels you will use tight stops giving you better risk reward ratios.
Adding positions: Once you determine your direction in the longer time frames, the H4 will give you daily and weekly pull backs to enter trades, and the H1 time frame will give you intra day trading opportunity to add more positions. I also added M15
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for clear "u" turn entries. If you miss a good level on the monthly/ weekly then you can enter on a "u" turn and you will not miss out on the trade. What You Should Know FIS can give you trading positions every day! However, this does not mean you enter in to a trade at every defined support resistance. You should already identify the direction; up, down or side ways. Afterwards H4 and H1 will guide you on where to buy/sell according to the indicator level support/ resitance. If the market is going sideways, which is generally considered the most dangerous, it is not a problem. Although the prices are moving up and down randomly, seemingly the market does not know what it is doing and there seems to be chaos, the Strength indicator however reflects something else, an organized sideways movement where you can pick the support and resistance levels and trade at tops and bottoms of ranges without hesitation. Furthermore, on many occasions you will note that the Strength Indicator also matches the price lines, even better! Below is the EURUSD monthly chart, you are not seeing the Strength Indicator window here. Since the weekly and the daily are similar I have not added them to this document, but note once again all the indicators have different settings in every time frame. This is crucial for maintaining coherence in price, indicator and timing. The chart is very clean and not full of indicators, as I noted before there is only one indicator window, keeping the chart tidy. Note in the chart that the price broke up (the location of the last yellow arrow), however the Strength Indicator did not, in fact it showed us a resistance level to sell on the monthly (March 2014); and thats exactly where the market sold from 1.3965 to 1,3672.
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How to figure out tops and bottoms?: Easy, on the monthly and weekly check out the resistance levels or if there was a break out already check out the targets on the price and the Strength Indicator. When price and indicator reaches those levels and your H4 chart agrees with the indicators then enter the trade at the intra day support/ resistance. During the week keep using your H4 and H1 to add positions on the pull backs in the direction you have ascertained. Might sound abit confusing to read and digest, I agree. This is why the FIS license is only sold to those who took my training in technical analysis. However, I promise you this much, once you get the hang of this you will never look back. FIS will even show you break outs before the price has even broken out yet! This gives you the opportunity to enter the trade way before the break out with a tight stop and a great
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risk reward ratio. Once you get the hang of it, it really is an amzing strategy. You can determine all your entry and exit levels without any hesitation. Review of the indicator window: One indicator window composed of four indicators: 1- Strength and Divergence; FIS will determine for you all the relevant support/ resistance and thus break out levels. We will be entering at support and resistance levels and if there are break outs we will enter them on the pull backs of the lower time frames being H4 and/ or H1. We will also witness positive and negative divergences, telling us to enter at the lower time frame indicator/ price pull back levels. Once we get double tops/ bottoms and similar technical set ups on the Strength Indicator we will enter trades, you will note that sometimes the prices are at off shot levels, but the indicator will not be! It will either be at a break out target or at a support resistance level. Once again I must stress here, knowing your technical analysis basic patterns is crucial. If your technical analysis is good you can really trade successfully with FIS. Trader's Job: Once you identify the support/ resistance levels only one thing is left to do; 1- Enter trades on the dot when Strength Indicator support/ resistance levels are met on H4 and for intraday trading H1, or 2- you can enter at a clear "u" turn entry on M15 time frame. Lets take alook at the other templates...
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H4 Price Chart (The indicator window is not visible in this picture).
H1 Price Chart (The indicator window is not visible in this picture).
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M15 Price Chart (The indicator window is not visible in this picture).
Money management: In the lower time frames top left corner there is a lot calculator with respect to your account balance. It is crucial to use proper money management. If you use the right guidelines as per that indicator you will preserve your capital. Do not enter unnecessary risks. If you do not have any technical analysis knowledge or feel you could add more to your foundations I seriously recommend it. The markets are risky and you will need a solid strategy and a good knowledge base to keep your trading disciplined and calm. A one on one training is given to all license purchasers. Should you have any queries please contact us.
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Published on Apr 28, 2014