Do two things first... Review the Introduction above
to give you some perspective on what you are going
to accomplish.
Then, make sure you have a complete grasp of the CONTEXT
of the Pattern Library, and how you will apply
it to your trading experience.
Before continuing, learn about the
Logical Forex Trading Pattern Library Context
[opens in new window]
Now, review EVERY chart pattern here in the Pattern Library.
Some will "resonate" with you (AND "make sense"
to you too). Focus on THOSE first. Look at them over and over.
Allow the pattern to sink deep into your being.
Remember this... IT IS THE PATTERN "BEFORE THE TRADE FINISHES"
that you must be able to recognize INSTANTLY! You will NEVER
know the outcome of a trade... until it has completed.
ALL you can do is... TRY the trade... or pass on it.
Make Your Selection
First, choose the category of patterns and
choose the currency pair that you want to burn
into your Pattern Matching Brain.
The Intro Category is available to everybody
whether you have made a purchase or not.
The Standard Category is available to
those who have made a purchase of the Logical Forex Indicators
(including a trial). Other categories may be available to you, too,
depending on what you have purchased.
The charts are presented to you in a different random order
with each visit to this page, and every time you select
a category or currency pair, This is done
to help disengage your "thinking brain" and
allow your Pattern Matching Brain to focus on the patterns,
no matter what "order" they are presented.
Position the chart in your browser window so that you can see
the entire chart, and the navigation buttons
and
.
Between the navigation buttons, you will see a message
telling you what you are looking at... Absorb Pattern
when looking at the "setup pattern"
and possible result when you are looking at
the corresponding trading outcome. The combination of these
patterns shows you something you can "look for"
in your Logical Forex Charts... trading patterns that have
a reasonable probability of success.
Absorb The Setup Chart Pattern
The Absorb Pattern and possible result labels
are intentionally a light color so that your Pattern Matching Brain
is paying attention to the chart. (Also, there are
minimal "numbers or letters"
in or near the chart, helping your Logical Brain to stay detached
and uninvolved.) In general, you will simply
use the label information as a quick check to make sure you are
looking at the "setup pattern". You always want
to absorb the pattern labeled Absorb Pattern
by spending a little more time viewing that chart. DO NOT
look at it logically... or as an "art critic".
Just allow your Pattern Matching Brain to the patterns
and the patterns-within-patterns. It is very "smart"
and you must allow it to do it's job, and not "think logically"
for your "Pattern Matching Brain". In other words,
don't "look for evidence" or try to figure out
why something worked. Just see the pattern.
This image you see that is labeled Absorb Pattern ,
shows "gives context" of the "pattern result"
to your Pattern Matching Brain.
Remember it is this INITIAL
Logical Forex Trading Pattern chart image that is most important!
Keep your focus on the right side of the chart. That is
where all the action happens... on these chart images,
and obviously on the charts in a live trading environment.
Your Pattern Matching Brain
can easily "see" the left side of the chart just fine,
even with your focus on the right side,
and it will "store" that information in ways you
probably won't even be aware of... but that your Pattern Matching Brain
can recall and use later in a trading situation...
again in ways you probably won't even be aware of.
And remember to ALLOW this to happen. Do NOT think about it,
what specific thing makes it good, etc. You will do that later.
For now, just relax and "absorb" the patterns.
Keep your focus LONGEST on the initial Chart Image before
you advance to the possible result chart. This Chart Setup pattern,
the one labeled Absorb Pattern,
is the most important one
since it is what you will see BEFORE you take a trade.
It is the "setup pattern".
View Possible Outcome
After you have absorbed the Logical Forex Trading Pattern
with your Pattern Matching Brain, then click the
to advance to the possible result chart.
This possible result chart is NOT
any kind of guaranty that the pattern you have absorbed
will always produce this kind of result. It is merely to
give your Pattern Matching Brain a "framework"
to understand what the "setup pattern" might produce.
Even if the result pattern shows a big move, DO NOT try to
"figure out" where the best exit is! You only
need a few pips with Logical Forex to become consistently profitable
and do very well... as shown in
The Secret Forex 4.2 Formula.
It is the repeating and consistent setup pattern that
you are looking for, and the
consistent small pip winners that follow... where
we can enter and exit with no stress,
and no predicting, no over-analyzing, and no hesitating.
Just allow
your Pattern Matching Brain to know that the previous setup pattern
has a potential of producing the result pattern. Over time,
your Pattern Matching Brain, if you allow it to do so, will
help you be able to almost intuitively know when to exit a
successful trade.
Remember, these are REAL charts, taken from live data.
The Pattern Library Charts represent a good sampling
of patterns that have worked well for me, and appear
fairly regularly in various trading sessions. As we
trade Logical Forex most often during Market Opens and Closes,
these patterns are not sensitive to "time of day".
Generally, when you see these patterns, they work no matter
what time of day it may be. What does this mean?
It means these are powerful patterns
to absorb and learn well.
Bonus: Find The Patterns In Recent Charts
Now, once you have "burned these
Logical Forex Trading Chart Patterns into your brain"
it can be quite helpful to
find your chosen patterns on a chart in NinjaTrader.
If you're looking at a EUR/USD in the Pattern Library,
then look at EUR/USD chart in NinjaTrader.
Obviously, you'll need to be looking at a chart
with the Logical Forex Trading Template applied.
Scroll back through a NinjaTrader chart (using your "Page Up"
key on your keyboard) and find a pattern that somewhat closely matches
what you see in a Pattern Library chart... the Patterns
you have burned into your Pattern Matching Brain.
Do NOT try to "actively" find this pattern "logically" or by
thinking about it or debating if it is close enough!
Just scroll around in your charts, and something will
"jump out at you".
As you scroll around in NinjaTrader
on your Logical Forex Chart, you'll notice that "all of the sudden",
you will pause your scrolling. Take that as a clue that your
Pattern Matching Brain sees something. Allow this to happen!
More specifically, what you will find is... if you allow it to happen...
as you are scrolling around in NinjaTrader,
you will just "intuitively stop" on a similar pattern...
at least one that matches "close enough" to what your
Pattern Matching Brain needs to see at that moment. Go with the flow
of your Pattern Matching Brain.
Now position the NinjaTrader chart WHERE THE PATTERN STARTS... BEFORE
the trade finishes. You want to see the price on the right side
of the chart... just as the trade (the pattern) is unfolding
and revealing itself.
Next, "single step" through
the price movement (the pattern) using
the arrow keys on the keyboard.
Do this many many many times. Burn this pattern into your soul.
Find your chosen pattern again in a different place on the chart...
and repeat the
process of "single stepping" through the pattern.
In other words,
find "the same pattern" many times in your NinjaTrader
charts. You will choose another chart from the Pattern Library later.
Stick with this ONE for quite a while... until you know the Pattern
like your spouse or your best friend.
Remember, allow
your Pattern Brain to make you "pause" and review
a pattern on a chart. Don't argue with it, or wonder if
the pattern your Pattern Matching Brain has selected
is "a good choice". That would be your Logical Brain
talking at that point... and we ONLY want our Logical Brain
making choices when it truly is ITS turn.
Ultimately (and soon) you will want to do
"Market Replay" to see live recorded tick-by-tick
market data played before your eyes on the charts... and
train your brain to See The Patterns In Motion. And,
of course, you'll want to trade in a live market, with real money,
and build your real experience... always improving and
becoming a more consistently profitable Logical Forex trader...
with no predicting, no over-analyzing, and no hesitating.
Real experience, built upon the solid framework of
Logical Forex... is the only way you will have the
success you know you can have with Logical Forex.
It is completely up to you. Everything is in your control.
Commit To Yourself. Learn. Absorb. Apply. Do.
Now, get with it! Start training your Pattern Matching Brain!
Get Started Now...
Near the very top of this page, you'll see How To Get Started
with a link below it that says Collapse. When you click that,
this Help Information will get out of your way. Then, just position
the Chart Image below in your browser window so you can see it
and click on the
and
to move
through the patterns.
You may notice as you are moving through the charts, you naturally
"pause" because the pattern resonates with you. (Don't
try to figure out why it resonates.)
Let those patterns "absorb a little longer".
Always let the pattern "before the trade"
sink in. Then, advance to the possible result chart.
Burn this into your brain too. Repeat this process. Frequently.
Most of all... relax. Enjoy. This isn't a race. Your
Pattern Matching Brain is smart. Your Logical Brain is smart,
but it does need to be used in the correct time and place.
You are smart. Be smart. No predicting. No over-analyzing.
No hesitating. Be consistently profitable trading Logical Forex.
It all is in your control. Have fun!
* Scroll back to the top of this page
and click "Collapse" link to make this
text get out of your way.
Step By Step...How To Use The Pattern Library
