Thank you for signing up for a free demo of our Fibonacci Day Trading Software. Please check your text messages and emails from your Nexgen representative to schedule a call or contact them via text , phone, or email. Nexgen Software Services is a company that specializes in providing trading software solutions and educational resources to new or aspiring traders. Nexgen prides itself on its ability to train day traders at all levels looking to make a living through trading by maximizing gains and mitigating risk. Traders are taught 27-year-old, time-tested trading methods that have proven to win.

As a company, Nexgen Software Services offers the following:

1. T3 Fibs ProTrader: T3 Fibs ProTrader is a specific trading software developed by Nexgen. It is an automated Fibonacci indicator tool designed to assist traders in identifying potential support and resistance levels, price targets, and trade entry/exit points. The software incorporates various Fibonacci indicators, including Fibonacci retracement, extension, and time extension indicators. Additional Fibonacci-based indicators are provided in the package.

2. Educational Resources: Nexgen offers in-depth live trading classes in Discord, webinars, and educational materials to help traders enhance their knowledge and skills. User guides to assist new users in learning how to do the required technical analysis, Fibonacci analysis, risk management, and other essential aspects of trading.

3. Capital: APEX Trader Funding, whose primary objective is to provide traders with an exceptional opportunity to secure funding through a proprietary firm. Nexgen understands that not all traders have access to sufficient capital or are willing to risk their savings to engage in trading activities. We have partnered with APEX evaluation programs to be straightforward, eliminating unnecessary rules and complexities to maximize gains and mitigate risk.

4. Trading Software Solutions: Nexgen uses and provides advanced trading software platforms such as NinjaTrader 7, NinjaTrader 8, and TradeStation. These platforms offer charting tools, indicators, automated trading capabilities, and other features to support traders executing their day trading strategies.

The T3 Fibs ProTrader uses automated multiple-timeframe Fibonacci ratios to highlight significant price levels and time targets based on historical price data. This tool aims to aid traders in making informed trading decisions and optimizing their trading strategies. Fibonacci levels are the roadmap for traders to trade "to and from."

Nexgen Software Services combines Fibonacci-based trading software solutions with superior educational resources to support traders in pursuing successful day trading outcomes. Nexgen Software Services offers tools and knowledge to assist traders in analyzing markets, executing trades, and improving their overall trading performance.

This document aims to provide a comprehensive overview of the key indicators featured in the T3 Fibs ProTrader Automated Fibonacci software and its respective functionalities. Additionally, it will outline the specific indicator terminology utilized within the Live Educational chat room.

The T3 Fibs ProTrader Automated Fibonacci software incorporates a range of crucial indicators, each serving a distinct purpose within the trading framework. Understanding these indicators is essential for leveraging the software's full potential and making informed trading decisions.

Intro to Ninja Trader- Ninja trader is the charting and data platform allowing you to place trades using Nexgen's methods. Watch this short intro video into your first use of Ninja Trader.

T3 Trigger Lines are crucial in defining the market's trend and momentum. These lines provide valuable insights to traders by indicating whether a Fibonacci support or resistance level is likely to hold or break. To gain a fundamental understanding of this concept, we recommend watching a concise video that covers the basics of T3 Trigger Lines.

T3 Trigger Lines are crucial in defining tops and bottoms. The location of the small trigger lines will be the first indicator of an area holding or breaking. Watch this short video that focuses on the small trigger lines.

The T3 Fibs ProTrader Automated Fibonacci Software is an advanced tool that utilizes Fibonacci analysis to establish crucial support and resistance levels within the market. Fibonacci ratios and levels create a roadmap for traders, guiding them in their trade entries and exits. Each trade executed is either directed towards a Fibonacci area or initiated from a Fibonacci area after it successfully holds as support or resistance.

To gain a comprehensive understanding of Fibonacci analysis and its application in trading, we recommend watching a detailed video that explains the intricacies and benefits of utilizing Fibonacci techniques in market analysis. The following video will provide valuable insights into leveraging Fibonacci ratios to enhance trading strategies.

The following is an overview of how Nexgen Software Services will teach you to make money when day trading the markets.

T3 Market Flow and Volume Analysis. The indicator provides valuable insights into the dynamics between buyers and sellers at each price level. It visually represents this information through green dots to indicate a predominance of buyers and magenta dots to indicate a predominance of sellers. By observing these plotted dots, traders can better understand the market sentiment and potential shifts in supply and demand in high-volume areas. The following video will provide simple trading strategies you will learn to benefit from using all of the indicators supplied by Nexgen Software Services.

CLICK HERE FOR A COMPREHENSIVE TRAINING PDF TO SPEED UP THE EDUCATIONAL PROCESS

Fibonacci-derived zones have the potential to signal trend reversals. Nexgen extensively emphasizes the significance of termination conditions. These conditions serve not only as profit targets for your trades but also as indicators of Fibonacci-based areas and patterns that can conclude a trend. Recognizing and incorporating these areas and patterns into your trading strategy will greatly enhance your ability to effectively navigate and profit from the subsequent direction of a new trend. It is crucial to avoid initiating new trend trades at termination areas, as doing so often results in losses. This concept holds significant importance for the development of your trading plan.

Fibonacci Areas and Assessing the Trigger Line Location

Fibonacci lines are a fundamental tool for Nexgen traders, providing a framework for their trading approach. When the price approaches a Fibonacci line, it is essential to assess the strength and positioning of your trigger lines carefully. I encourage you to view this concise video for further insights.

The continuation of a trend is likely to be interrupted when the trigger lines are not positioned "BEYOND" any Fibonacci area. It is crucial to emphasize that when the price encounters a Fibonacci area, the primary aspect to consider initially is the relative placement of the trigger lines concerning that area. Understanding and evaluating this relationship is of utmost importance.

PIVOT STOP OUTS: Anticipating Trend Reversals with Divergence Lines

The divergence line (represented by the cyan line in this example) is a pivotal tool for traders in predicting potential trend reversals. By considering the location of the small and large trigger lines about the divergence line, traders can gain insights into the likelihood of a low point terminating and initiating a trend reversal.

When the price touches a divergence line, it is referred to as a "pivot stop out," or a "divergence stop out." This signifies that the price has tested a previous high or low but failed to maintain its momentum in that direction. It is crucial to observe the positioning of the trigger lines relative to the divergence line at the time of the pivot stop-out, particularly when it occurs at a low point.

By carefully analyzing the trigger line location relative to the divergence line, traders can discern valuable information about potential trend reversals. This analysis aids in understanding the strength of the market and identifying key turning points.

Taking note of the trigger line's proximity to the divergence line during a pivot stop-out provides traders with important insights. It enables them to anticipate trend reversals and make informed trading decisions based on the observed dynamics.

By incorporating divergence line analysis, traders can enhance their ability to identify and respond to potential trend reversals, optimizing their trading strategies.

The pivot stop-out of a prior divergence high is particularly impactful when it occurs at a Fibonacci area where no trigger lines are positioned above it. Pay close attention to the trigger location corresponding to the high price.

Pivot Stop Outs on Small Chart with Weak Triggers on Large Chart.

Yellow one-to-ones

The chart below demonstrates the trend's termination at the yellow one-to-one dots. It is crucial to observe that the small triggers are not positioned below the one-to-one price. Furthermore, note that the market initiates the trigger line bottoming routine after the one-to-one level holds. Subsequently, the price reaches the mid-band after a few bars, followed by a downward movement to touch and "test" the large trigger once it rolls up. You should search for potential 5-1 chart trend trade long opportunities.

The example below illustrates a termination at the One-to-One levels on the 13-2 chart. As a result, it is advised not to take trend trades on the 5-1 chart. Generally, engaging in such trend trades in this scenario will likely result in losses.

Multiple Divergences at the Same Price Level

When three divergences occur in the same price area, it is a strong indication of a termination condition that is likely to halt the prevailing trend, irrespective of the chart's size or timeframe. This pattern of three divergences holds significant power in reversing the market price in the majority of cases.

When three divergences occur within a narrow range, it often signifies a strong market reversal. In the given example, we observe three divergences on a larger chart, which lead to a robust top formation. Subsequently, the price breaks through the initial Fibonacci support, indicating a significant shift in the market trend to the downside.

In addition to observing large 13-2 chart patterns, it is crucial to consider the small chart patterns that can act as termination conditions for the trend. The picture below illustrates these patterns that should serve as indicators to avoid taking trend trades. Instead, utilize these patterns to enhance your analysis of Fibonacci and trigger lines, fine-tuning your trading approach.

The depicted picture exemplifies the termination of a trend trade when T3 Divergence occurs at a Fibonacci area, coupled with the trigger lines not extending beyond the Fibonacci levels. In such cases, it is crucial to avoid entering new trend trades until there is a change in the state of the Fibonacci, transitioning from Blue to Red or Red to Blue. Recognizing and respecting these conditions will help you effectively manage your trades and make informed trading decisions.

In the illustrated example above, the Fibonacci area indicates the need for a breakout and a color change. The picture below demonstrates the desired state change from Fibonacci red resistance to Fibonacci blue support, aligning with the rules for trend trades to be valid. This specific look signifies when it is appropriate to resume trading with the trend. By adhering to these guidelines, traders can make more informed decisions and identify favorable trading opportunities.

When utilizing the T3 Trigger Line strength on the 13-2 Dynamic Renko chart or any larger chart, it is important to note that there are instances where the smaller chart fails to sustain the ongoing trend while the Trigger lines on the 13-2 chart continue to exhibit strength. Recognizing this divergence between the two charts is crucial in effectively managing risk. By incorporating termination conditions on the smaller chart, traders can better navigate their trades and adjust their positions appropriately. This awareness allows for more informed decision-making and helps ensure risk is effectively managed throughout the trading process.

During the initial 30 days of your trading journey, it is highly recommended to direct your attention towards mastering a single trade setup that consistently repeats across various markets. By honing your skills in this specific trade, you increase your chances of achieving trading success.

Narrowing your focus to the high-probability trend trades, commonly known as 5-1 trend trades, which occur following a termination condition on the 13-2 chart, offers you the greatest opportunity for early success. These trades, occurring after significant tops and bottoms, substantially impact profitability and reliability.

By emphasizing the importance of executing trades exclusively in these conditions, you can position yourself for favorable outcomes. The impact of identifying and capitalizing on great top and bottom conditions cannot be overstated. These conditions provide a solid foundation for trade selection and increase the likelihood of success.

To gain a comprehensive understanding of this concept, reviewing the provided video, which provides a detailed explanation of these high-probability trend trades, is advised. The video will offer valuable insights into the principles and techniques underlying these trades, further enhancing your understanding and proficiency.

By dedicating your initial focus to mastering these specific trade setups, you lay a solid foundation for your trading journey. As you gain experience and confidence, you can expand your repertoire and explore additional trading opportunities. Remember, consistent practice, continuous learning, and disciplined execution are essential for long-term trading success.

Nexgen offers a comprehensive live trading class/webinar from Monday to Friday, running from 9 am to 12 noon ET. This provides you with a structured learning opportunity during those hours. However, Nexgen provides you with 24/7 access to educational materials on Discord to accommodate your schedule. Additionally, each live event is recorded using YouTube Live, allowing you to watch and review the lessons at your convenience.

To access Discord and benefit from its features, please follow the installation instructions:

1. Download the Discord app for optimal functionality, although accessing it through a browser is possible. The app can be downloaded from the following link: Discord Download.

2. After downloading, create your unique username and password to set up your Discord account.

3. Once your account is set up, join Nexgen's Discord community by clicking the following link: Nexgen Discord Invitation. This link is also available on the education page of our website.

4. Upon joining Nexgen's Discord server, you will be greeted with a welcome message and provided with instructions on gaining access to the educational room as a student or owner. It is essential to follow these instructions for verification purposes.

5. Discord will guide you through the verification process, ensuring your access to the education room page.

By installing and joining Discord, you can enjoy the flexibility of learning on your schedule and accessing educational resources anytime via the Nexgen Discord community. Ensure you fully verify your account to access the education room and use the valuable learning materials available. Watch the short video below if you need instructions for installing Discord.

The following is an example of the first hour of lessons we teach new traders after you join our discord.

Importance of risk management in day trading- Risk management is a crucial aspect of day trading. As day trading involves frequent trades to profit from small price movements, it can be high-risk. Traders must manage their risk to avoid losing large amounts of money.

1. Preserve capital: One of risk management's most important aspects is preserving capital. Day traders must be able to withstand losing trades and have enough capital to continue trading. Proper risk management can help traders minimize losses and avoid losing their entire trading capital.

2. Control emotions: Day trading can be an emotional activity, and traders may be tempted to make impulsive decisions based on fear, greed, or other emotions. Risk management can help traders stay disciplined and avoid making emotional decisions.

3. Limit losses: Risk management can help traders limit their losses by setting stop-loss orders. Stop-loss orders automatically close a position when the price reaches a predetermined level, which can help traders minimize their losses if the trade doesn't go as planned.

4. Increase profits: Risk management is often associated with limiting losses but can also help traders increase their profits. By taking calculated risks and managing them appropriately, traders can increase their chances of making profitable trades.

Overall, risk management is an essential part of day trading. Traders who manage their risk effectively will have a higher chance of succeeding in the long run.

When analyzing divergence, it is crucial to consider the context of the overall trend and the relationship between trigger lines. Divergence should be evaluated with these factors to make informed trading decisions.

The divergence holds less significance when the small triggers significantly deviate from the strong large triggers. In such cases, the impact of divergence on the market trend is minimal. However, as the small triggers weaken and become situated inside the large ones, the divergences are more likely to reverse the trend. This situation often serves as a signal for potential exits from trend trades.

The accompanying pictures provide several examples that illustrate divergences that should be disregarded and divergences that typically signal trend trade exits. By studying these visual representations, traders can better understand how to identify and interpret divergences effectively.

When evaluating divergences, it is important to exercise discernment and consider the broader trend and trigger line dynamics. By recognizing and acting upon meaningful divergences while disregarding insignificant ones, traders can enhance their decision-making process and optimize their trading outcomes.

In the provided picture below, an additional layer is introduced to the concept of small triggers inside the large triggers by considering higher or lower divergence as a potential exit signal. Observing a higher high or lower low divergence in the market indicates a higher likelihood of a trend reversal. This condition-based exit rule is a valuable tool to help traders manage their positions effectively.

By recognizing the occurrence of a higher high or lower low divergence, traders can take it as a warning sign that the current trend may be losing momentum and potentially reversing. This divergence signals to consider exiting the trend trade to protect profits or mitigate potential losses.

Incorporating this condition-based exit rule into your trading strategy allows for increased adaptability and responsiveness to changing market dynamics. It provides an additional layer of analysis to enhance decision-making and improve overall trading outcomes.

It is important to note that while higher high or lower low divergence may indicate a higher incidence of trend reversals, other factors and indicators should be considered to validate the potential reversal. Comprehensive analysis, including assessing trend strength, price action, and T3 Trigger lines, will aid in making well-informed trading decisions.

By integrating this condition-based exit rule into your trading approach, you can effectively manage your positions and optimize your trading results, increasing your overall trading success.

There are some EXIT, no matter what, scenarios for new traders who have not yet mastered chart reading enough to "bend" the rules. These are designed to keep your capital safe and give you the opportunity to take minimal losses on losing trades.

Initially, a second lower divergence will make you exit your trade.

If there is no new signal to buy or sell, exiting after a 2nd higher or lower divergence will preserve your trading capital.

Exit with a 2nd higher divergence.

Take at least 1/2 of your position off at yellow one to ones. If divergence is true, exit and wait for a new signal.

Exit AT FIBONACCI! - if attempting to hold for a bigger trade due to large chart exit no later than 1 reversal bar at the Fibonacci area.

Exit 1/2 of your position at a prior divergence high or low line.

Depending on the STRENGTH or WEAKNESS of the "LARGE CHART" triggers, the pivot stop out of divergence lines may terminate the trend altogether. See the example below.

The provided video offers a comprehensive walkthrough on effectively managing stop orders when a potential divergence emerges. The rule is straightforward: if a "POTENTIAL DIVERGENCE" may lead to an exit from your position, you should adjust your stop order two ticks behind the 5-1 chart reversal marker.

By adhering to this rule, you can proactively protect your position and minimize potential losses in the event of a divergence signal. The video example provides practical insights and demonstrates the application of this technique in a real-market scenario.

Understanding the importance of managing stop orders based on potential divergences is vital to risk management in trading. By promptly adjusting your stop order to mitigate potential risks, you maintain control over your position and ensure that your trading strategy remains aligned with market conditions.

It is recommended to watch the video example to gain a deeper understanding of how to implement this stop management technique effectively. By incorporating this approach into your trading routine, you can enhance risk management, improve trading discipline, and increase the overall consistency of your trading performance.

The accompanying video provides valuable guidance on managing trades when entering a 50-50 or termination area that demands more proactive stop movements. Navigating these specific market conditions requires heightened vigilance and strategic adjustments to your stop orders.

As the video demonstrates, when trading into a 50-50 or termination area, it becomes essential to closely monitor the market and be prepared to take proactive measures to protect your position. This involves timely stop movements to secure profits or minimize potential losses based on evolving market dynamics.

Recognizing these areas' significance and understanding their potential impact on your trades is crucial for successful risk management. By actively managing your stops in response to market conditions within 50-50 or termination areas, you can effectively adapt to changing circumstances and maintain control over your trades.

It is recommended to watch the provided video to gain a comprehensive understanding of how to implement these proactive stop movements. By assimilating this knowledge into your trading approach, you can enhance your ability to navigate challenging market scenarios and optimize your trading outcomes.

Adapting and making informed decisions based on the evolving market environment is fundamental to successful trading. Integrating proactive stop management techniques into your trading strategy strengthens your risk management capabilities and increases your potential for consistent profitability.

CONTINUATION ENTRIES AFTER TRIGGERS ROLL

Following a divergence pattern that prompts an exit from a trend trade, it is important to note that this does not necessarily indicate the end of the overall trend. There are instances when the market requires a more substantial pullback than the 5-1 chart can accommodate.

In such cases, it is essential to consider the potential continuation of the larger trend, particularly when analyzing larger timeframe charts such as the 21-3 chart. These higher timeframe charts provide valuable insights that alert traders to the possibility of taking a "second-chance" continuation style trade.

The provided example illustrates a continuation-style entry setup, where the market presents an opportunity to re-enter the trade following a divergence-based exit. By recognizing this setup, traders can capitalize on the continuation of the broader trend and potentially generate profitable trading outcomes.

It is worth emphasizing that continuation entries require advanced chart reading skills and a thorough understanding of the market's dynamics. Analyzing higher timeframe charts, identifying suitable entry points, and considering the broader trend are integral components of executing continuation trades effectively.

Incorporating this advanced chart reading setup into your trading approach can increase your ability to identify second-chance continuation opportunities and enhance your overall trading results.

When encountering a pivot stop-out originating from a prior divergence low and accompanied by weak triggers on the 13-2 chart, it is common for many traders to exit a portion or the entirety of their trade at the previous low or tighten their stop on the position. This response is driven by the recognition that if the market reverses from such a pivot stop out, the trend may end, especially if the 13-2 triggers continue to exhibit weakness.

Observing the location of the small triggers above the large triggers, which signifies a weakening trend, provides valuable insight into the potential conclusion of the trend. When this weakening pattern emerges, it suggests that the trend has likely exhausted itself, and identifying further 5-1 trend trades may become increasingly challenging.

By acknowledging these indicators and responding accordingly, traders can make informed trade management and risk mitigation decisions. Exiting the trade at the prior low or adjusting the stop to a tighter level helps protect profits and reduce exposure to potential losses. This proactive approach aligns with the understanding that the trend's continuation is uncertain given the weakening triggers and pivots stop out from a divergence low.

Recognizing the signs of a potential trend end allows traders to adjust their trading strategies accordingly. It is important to remain attentive to trigger-strength changes and evaluate market conditions comprehensively. By adapting to evolving trends and utilizing this knowledge, traders can make more informed decisions and optimize their trading performance.

Exiting a trade when a second divergence occurs, resulting in a lower low or higher high than the previous pivot, is generally considered prudent. This approach helps traders manage their positions effectively and avoid potential losses.

By recognizing the occurrence of a second divergence that extends beyond the prior pivot, traders gain insight into the market's potential shift in momentum. This divergence pattern suggests a weakening trend or a possible reversal, prompting traders to exit their positions to protect their capital.

Implementing this exit strategy based on the occurrence of a second divergence serves as a risk management technique, allowing traders to mitigate potential losses and preserve their trading capital. It is important to note that individual traders may have specific rules and risk tolerance levels when managing divergences.

Considering the presence of a second divergence with a lower low or higher high than the prior pivot provides valuable information regarding the market's underlying dynamics. By incorporating this understanding into trading decisions, traders can enhance their ability to navigate changing market conditions and optimize their overall trading performance.

In contrast, when the triggers are in their strongest configuration and consistently making consecutive lower lows, it is essential to disregard any divergence signals that may appear on the charts. Instead, holding onto the trade for potential additional profits is advised.

In this scenario, the triggers' robust configuration and consecutive lower lows indicate a strong and persistent trend. Divergence signals may arise due to temporary price fluctuations or minor counter-trend movements, which do not significantly impact the overall trend direction.

By ignoring these divergence signals and maintaining the trade, traders can benefit from continuing the established trend and potentially maximizing their profit potential. It is crucial to have confidence in the strength and consistency of the trend, as indicated by the strong trigger configuration and the sequence of lower lows.

However, it is important to exercise proper risk management and regularly monitor the market conditions to ensure the trade remains favorable. While holding for more profit can be advantageous in this context, adjusting stop-loss levels, trail stops, or taking partial profits to protect capital and secure gains as the trade progresses is essential.

By understanding when to disregard divergence signals and focus on the strength of the trigger configuration, traders can make informed decisions that align with the prevailing market dynamics, potentially leading to more profitable outcomes.

A thorough comprehension of the rules outlined in your trading plan is crucial before transitioning to live money trades. To achieve this, engaging in simulated trades that demonstrate high profitability and consistency is recommended. By practicing in a simulated trading environment, you can refine your understanding of the plan's principles and adapt them to your trading style.

Before venturing into live trading, you must feel comfortable executing the correct trades and fine-tuning your version of Nexgen's trading plan. This involves honing your skills, gaining experience, and building confidence through consistent practice and disciplined adherence to the plan's guidelines.

Emphasizing the importance of a written plan, it is essential to have a well-documented trading strategy that encapsulates your approach, risk management protocols, and key decision-making criteria. This written plan is a roadmap for consistent and disciplined trading, enabling you to navigate the markets clearly and purposefully.

It is crucial to refrain from trading with real money until you have achieved a level of proficiency where you can consistently and confidently execute your daily trading plan. Rushing into live trading without sufficient preparation and mastery of the plan can lead to costly mistakes and unnecessary risks.

By diligently following these guidelines, practicing in simulated trades, and only transitioning to live trading when ready, you set yourself up for a greater likelihood of success in the markets. Remember, trading is a journey that requires continuous learning, adaptation, and disciplined execution to achieve long-term profitability.

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

SMALL SWING ONE TO ONES "magenta dots" 100% projections from each smaller swing plotted by the T3 Fibs ProTrader -CLICK FOR EXAMPLE

DIVERGENCE – compare Macd bb swing vs. price – CLICK FOR EXAMPLE

REVERSAL BAR MARKER - the price at which a new bar in the opposite direction will occur. 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 describe a consensus to take the “freaking” money AKA “exit a position."

RUNNER- Phrase used to describe a "fraction" usually 25-50% of the number of contracts that will remain in the trade in an attempt to make a very large profit. Typically used in a parabolic market or when Fibonacci targets are "far away" and the trigger lines are strong. CLICK FOR EXAMPLE

FOMO, or the fear of missing out, can cause investors to make riskier choices than they otherwise might. This includes getting in early with a much larger stop than is warranted (which does not guarantee a win- only a bigger loss if it loses) or getting in late without the proper advantages.

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 – Mark Novak, who runs the chat room, 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 position in the market when you anticipate that prices will be going down in the near term.

HIGH PROBABILITY TRADE- defined as when each indicator on every chart agrees with rules for the trade. Typically, this is when all triggers are their strongest, no termination conditions exist, and there are no trouble spots between your entry and your target.

MEDIUM PROBABILITY TRADE- defined as when most indicators line up for a trade, however, a small issue exists. This will be the vast majority of your trades. When executing medium probability trades, you will take these trades and manage them assertively. If there is trouble in your way, you may take a portion of the position off at that trouble spot, and reduce risk to a zero loss level.

LOW PROBABILITY TRADE- defined as when chances of winning the trade are low. The trade setup on small charts has a large number of reasons on the larger charts “hurt” your chance of winning. This is when the trigger lines area is weak or configured poorly, Fibonacci areas, prior divergences, and one or more charts have termination conditions that will stop you from trading into areas.

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 condition 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 lost 8 ticks on that trade”.

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

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.

GRACEFUL EXIT - when the conditions have changed against your trade position. Take an exit that is not a full loss. You must exit the trade when conditions change.

“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 horizontally on the chart.

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

HVA SUPPORT/ RESISTANCE (LINE) – The market flow GREEN or MAGENTA lines. These are generated from white paint bars on the range-based T3 Market Flow chart. Usually very helpful in defining 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 is 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 is 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 is equal to the next swing. 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 the trading plan for use.

TRIGGERS, SMALL TRIGGERS, LARGE TRIGGERS, SYNTHETIC TRIGGERS, 13-2 Triggers, 8-Range small triggers are descriptive of T3 Trigger Lines. Either from a particular chart or a 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. They use a 38 period or bar average.

SYNTHETIC TRIGGERS – generally much larger than small triggers or large triggers. This set of trigger lines comes from a much larger chart. These triggers visually “STAIRSTEP” up and down the charts.

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 triggers when #1 is 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.

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 an “uptrend” & selling pullbacks during a “downtrend.”

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 – REVERSAL BAR- this is when the market puts in a bar 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.

13-2 REVERSAL MARKER – the reversal bar price for the 13-2 chart may be super-imposed on smaller than 13-2 charts. The 13-2 reversal marker is SHOW HISTORY TRUE on the 5-1 so that you may see where all past 13-2 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 an 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 using an entry limit order.

GAP – BIG GAP – GAP TO SYNTHETICS – this describes 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 describes a small move in price counter to the underlying trend.

13-2 MID BAND – green or magenta moving average line ( dashed or dotted) running in the middle synthetically drawn on a smaller chart. 55 period exponential moving average from higher time frames.

Chart reading plays a pivotal role in trading the market, accounting for approximately 90% of the overall process, while actual trading makes up the remaining 10%. Achieving mastery in chart reading encompasses three vital elements: determining where the market is "LIKELY TO CONTINUE," "LIKELY TO GO," and "LIKELY TO STOP."

By developing proficiency in these three aspects, traders gain a comprehensive understanding of market dynamics, enabling them to make informed decisions and execute trades more precisely. The ability to assess where the market is likely to continue its current trend, where it is likely to move in the future, and where it is likely to encounter potential reversals or pauses is instrumental in successful trading.

Analyzing charts provides valuable insights into price action, trends, support and resistance levels, patterns, and other critical factors that drive market behavior. By honing their chart reading skills, traders can identify optimal entry and exit points, manage risk effectively, and enhance their overall trading performance.

Notably, mastering chart reading requires continuous learning, practice, and refinement.

By dedicating themselves to chart reading mastery, traders can gain a competitive edge and improve their ability to navigate the complexities of the market. This skill set empowers traders to make informed decisions based on a deeper understanding of the market's dynamics, increasing their chances of achieving consistent profitability in their trading endeavors.

The short video exemplifies a trend trade in the form of a short position following establishing a robust top on the 13-2 chart. This example highlights the nature of high-probability trend trades you will study and practice during your demo period. You can execute these trades using the trade simulator before transitioning to real-money trading as you progress.

By observing and analyzing this video, you can gain valuable insights into the principles and techniques employed in successful trend trading. These trades offer favorable probabilities and serve as essential components of your learning journey. During the demo phase, you will have ample time to familiarize yourself with these strategies, refine your skills, and gain confidence in your ability to identify and execute high-probability trend trades.

As you advance to the trade simulator stage and eventually transition to trading with real money, the knowledge and experience gained from studying trend trades will prove invaluable. This comprehensive learning process equips you with the necessary tools and expertise to navigate the markets effectively and pursue profitable opportunities.

Remember, consistent practice, utilizing the demo account, and gradually progressing to more active trading environments are integral to your development as a trader. Embrace the opportunity to learn and refine your skills, ultimately positioning yourself for successful trading in real-market conditions.

By implementing well-defined rules that incorporate strong trigger lines on the 13-2 chart and identifying precise entry areas on the 5-1 chart, you will greatly enhance your ability to identify winning trend trades easily.

Establishing clear guidelines and criteria for trend trades empowers you to spot favorable trade setups effectively. The strength and alignment of trigger lines on the 13-2 chart provide valuable signals for trend direction and momentum. Concurrently, identifying optimal entry areas on the 5-1 chart ensures that you enter trades at strategic price levels, maximizing the potential for profitable outcomes.

You will develop a keen eye for consistently identifying winning trend trades by adhering to these rules. This systematic approach allows you to filter out noise and focus on high-probability setups that align with your predetermined criteria.

The synergy between strong trigger lines on the 13-2 chart and well-defined entry areas on the 5-1 chart creates a reliable framework for spotting winning trend trades. This structured methodology increases your confidence in trade identification and execution, enabling you to capitalize on profitable opportunities more efficiently.

Practice and refine your skills by consistently observing and applying these rules. With time and experience, your ability to spot winning trend trades will become more intuitive, contributing to your overall trading success.

T3 Trigger Lines are pivotal in assisting traders with accurate trend analysis, enabling them to execute trades with the highest probability of success. The key components of triggers include trigger lines, momentum, colors, and trends.

Background color changes to green when the smaller trigger lines intersect and cross over the larger trigger lines while remaining above the larger ones; the background color will be green. Background color change may suggest the possible end of a downtrend. NOTE: trend trades require BOTH large and small triggers to be crossed in the same direction. Do not confuse background color with "odds favorable triggers" covered in the sections below.

Conversely, when the smaller trigger lines cross under the larger triggers and consistently remain below them, the background color will be displayed as RED.

Understanding the interplay between trigger lines, momentum, and color coding provides traders valuable insights into market conditions, empowering them to identify high-probability trade opportunities.

Odds Favorable Momentum occurs when both sets of triggers are appropriately positioned and both triggers are either wide or expanding. This alignment indicates a higher likelihood of sustained momentum in the market.

When small triggers are positioned above large triggers, this is your #1 observation for a trend continuation. This configuration indicates a high probability that the prevailing trend will persist, making it an opportune time for long trend trades.

When small triggers are positioned below large triggers, it is considered the primary observation for a trend continuation to the downside. This configuration indicates a high probability that the prevailing trend will persist, making it an opportune time for short trend trades.

When the small trigger is positioned inside the large trigger, but no Fibonacci areas have been reached, it suggests a high likelihood of trend continuation. In such instances, both triggers exhibit a crossing pattern while trending within each other. This configuration commonly occurs when the market breaks through Fibonacci areas during an extended trend.

Identifying the small trigger within the large trigger provides valuable insights to traders. It indicates that the existing trend will likely persist, presenting potential opportunities for trend trades. Traders should closely monitor the price action and observe whether the Fibonacci levels are broken or have not yet been reached. If Fibonacci areas reached, the trend may end with "weakened" triggers inside of each other.

When the trigger lines align with or reach the Fibonacci levels, it signifies a higher probability of the trend coming to a halt. This occurrence suggests that the prevailing trend will likely experience a pause or potential reversal.

Establishing a daily routine is crucial for your trading journey. It is essential to dedicate time and effort to learning and understanding Fibonacci and Trigger Line reading, as these are fundamental concepts in trading. Additionally, conducting simulated trades to demonstrate your ability to generate profits is vital in building confidence and refining your trading skills.

Participating in class discussions and posting pictures may initially feel uncomfortable, but these activities greatly accelerate your learning process. Sharing your trading experiences and engaging in class interactions provide valuable insights and feedback from peers and mentors, helping you gain different perspectives and further enhancing your understanding.

Furthermore, leveraging market replays to study historical market movements is invaluable for deepening your knowledge. By carefully analyzing past market data, you can identify patterns, evaluate your trading decisions, and better understand market dynamics. This analytical approach contributes to your overall trading proficiency.

I encourage you to open and study the picture provided below, as it likely contains important information or examples to aid your learning process. Analyzing real-life trading scenarios and applying your knowledge to practical examples will strengthen your grasp of the concepts and facilitate skill development.

Incorporating these elements into your daily routine establishes a solid foundation for continuous learning and growth as a trader. Remember, consistency, perseverance, and a commitment to ongoing education are key to achieving success in the financial markets.

Incorporating Market Replay into your daily routine is highly recommended to enhance your trading skills. It is a powerful tool for replaying past market sessions, correcting mistakes, and fine-tuning your trading plan. Market Replay is utilized by experienced traders, regardless of their years or decades of experience with Nexgen, highlighting its importance in the trading process.

Engaging in "as-if live" trading using the simulator daily is paramount. This practice allows you to simulate live market conditions, enabling you to test your strategies, practice trade execution, and develop consistency in your trading approach. Combining simulator trading with daily Market Replay sessions can reinforce your trading skills and develop a strong sense of trust in your trading plan.

It is important to emphasize that when using the simulator, it is crucial to simulate trading with the same position size you intend to use in live trading. This ensures a realistic trading experience and prevents unrealistic expectations or misalignment between simulated and live trading outcomes.

Confidence in your trading plan is essential, and it grows as you strictly adhere to the plan and consistently execute it. However, it is vital to avoid rushing into live trading with real money too quickly, as this can lead to unnecessary losses and a potential loss of confidence. New traders should allow Nexgen educators a few weeks to review their work, ensuring they understand the correct approach thoroughly. Over time, the goal is to develop self-sufficiency and a deep understanding of the rules and management concepts.

Building unshakeable confidence in your trading plan and execution skills requires repetition. Most traders find it beneficial to execute around 500 correctly executed simulated trades, managing those trades in the live market and during Market Replay sessions. Active participation in class discussions and seeking feedback on your trades from educators will contribute to refining your trading approach and ensuring that you execute trades flawlessly.

Please refer to the provided two-minute video tutorial to set up Market Replay with Ninja 8. It will guide you through the necessary steps to effectively utilize Market Replay in your trading routine.

By incorporating Market Replay, simulator trading, and a commitment to continuous improvement, you set the foundation for long-term trading success. Building confidence and proficiency requires time, practice, and a strong dedication to honing your skills.

While Ninja 8 is highly recommended for its ease of use, if you are still utilizing Ninja 7, please follow the instructions provided below. It is important to note that Ninja 8 offers a more user-friendly and efficient replay feature. However, if you need to continue using NT7, please adhere to the following directions.

The following video provides valuable insights into the techniques you can employ to make informed trading decisions. It covers important topics such as when to utilize limit orders at entry spots and how to utilize the T3 Market Flow signals for confirmation at specific areas. Further details on the T3 Market Flow volume analysis will be discussed in the upcoming section.

In this lesson, we define a "signal" bar as any T3 Market Flow bar displaying characteristics such as an "arrow," "antenna," "yellow," or "stranded buyers or sellers." Understanding the significance of these signal bars is essential in enhancing your trading decision-making process.

By familiarizing yourself with the techniques presented in the video, you gain valuable knowledge and insights into effective trading strategies. These techniques enable you to identify optimal entry points and utilize T3 Market Flow signals for confirmation, enhancing your trading decisions' accuracy and confidence.

It is important to continue exploring the subsequent section for comprehensive information on T3 Market Flow volume analysis, which will further enhance your understanding of market dynamics and assist in refining your trading approach.

There may be instances where you choose to engage in trades that involve potential termination conditions or exhibit a weaker trigger line look, which could present challenges on the path to achieving your profit target. These trades are typically taken when a strong trend or well-defined momentum is observed on smaller charts. Referred to as medium-probability trades, they require careful consideration and may require a signal for confirmation depending on your trading plan.

As the glossary of commonly used terms defines, a medium-probability trade occurs when most indicators align for a trade, but one or two issues may exist. These trades make up most of your trading activity, and it is crucial to execute them assertively while actively managing their progression. If obstacles arise during the trade, it may be prudent to consider taking off a portion of the position at those points of trouble, reducing the risk to a zero-loss level.

It is essential to dispel the misconception of some new traders that avoiding medium-probability trades will improve their results and shield them from the risk of loss. In reality, by abstaining from these trades, one may miss out on the potential to generate significant profits. Seasoned traders, on the other hand, tend to execute all medium-probability trade setups and closely manage them. Embracing these trades early allows you to gain comfort and familiarity with their dynamics. You can substantially increase your profit potential by affording yourself more opportunities to succeed.

It is important to note that engaging in medium-probability trades has inherent risks. However, approaching them strategically and adhering to sound risk management principles can optimize your chances of success. Ultimately, seizing medium-probability trade opportunities expands your trading horizons and enhances your profit potential.

Entry timing example using the market flow signal

The image below illustrates a typical example of a trend trade, where Fibonacci levels are present and may act as barriers to price movement. It is essential to adhere to the rules specific to trend trades when encountering potential Fibonacci breakouts. In this scenario, a market flow signal becomes a prerequisite for entry, considering the conditions set by the "weaker" 13-2 triggers (small triggers inside the large triggers) and the divergence observed on the 5-1 chart.

To execute this trend trade effectively, it is crucial to exercise patience and await the market flow signal bar, as depicted in the image. This signal bar serves as a confirmation point, validating the entry decision based on the prevailing market conditions and trigger line configurations.

By closely adhering to these rules and waiting for the appropriate market flow signal, you enhance your ability to make informed trading decisions and increase the likelihood of successful trade execution. It is through disciplined and precise execution that you can navigate the complexities associated with potential Fibonacci breakouts and optimize your trading outcomes.

Stop placement example using the market flow signal

Once the market flow signal is confirmed, you can proceed to enter the market. It is important to place a protective stop just below the market flow signal bar, as this helps mitigate risk and safeguard your position. After entering the market, it is crucial to assess its condition and closely monitor its dynamics continuously.

actingTake note of the background turning red on the 5-1 chart, which serves as a warning signal rather than an immediate exit signal. Similarly, observe the Fibonacci resistance turning red as a warning signal. These indicators are not immediate exit signals but serve as valuable warnings that warrant your attention.

It is vital to exercise caution and allow the market to break through the Fibonacci resistance, considering the location of the trigger lines and the perceived strength reflected in the 8-range trigger lines. By carefully monitoring the market's behavior and evaluating its ability to surpass the Fibonacci resistance, you can decide whether to continue holding your position or consider an exit strategy.

Maintaining awareness of these warning signals and employing a prudent approach based on the overall market conditions and trigger line configurations will help you effectively manage your trades and navigate potential challenges. Remember, the goal is to balance giving the market room to move and protecting your position by considering the available market information and making sound judgments based on your trading plan.

Risk reduction example using the market flow reversal bar

As the market resumes its upward trend and approaches the resistance level, several key factors come into play. Firstly, there is a noticeable potential second lower divergence on the 5-1 chart, complemented by the presence of both a red background and red Fibonacci resistance. These indications raise the possibility of a reversal in the market. However, it is important to remain mindful that while the area may hold, there is also a chance that the Fibonacci resistance may be broken, potentially leading to a substantial move toward the next Fibonacci area.

This trend trade exemplifies a common scenario observed at breakout points, where the market can break through or fail to breach the resistance level. As traders, our role is not to make guesses but to carefully analyze the market and respond accordingly. When the price approaches the resistance level, it becomes prudent to reassess the risk-reward ratio. At this point, it may be appropriate to tighten the stop-loss level, allowing for potential profits to be captured while reducing overall risk. This proactive risk management approach is commonly known as managing tightly or risk reduction.

Some traders employ the reversal of the market flow chart as a potential "trailing stop" area. For instance, one possible approach could involve placing the stop one tick below the 8-range reversal marker box. In the event of a reversal, a modest loss of 2-3 ticks is considered acceptable. However, if the market successfully breaks through the Fibonacci areas, substantial gains of 10-20-30-40 ticks may be achieved. Balancing the opportunity to capture a breakout move with careful risk management is a skill that requires practice and repetition.

Developing proficiency in trading potential breakouts while effectively managing risk demands a thorough understanding of market dynamics and continuous refinement of your trading strategy. By diligently applying these principles and accumulating experience through repetitive practice, you can enhance your ability to navigate breakout scenarios and optimize your risk-reward profile.

In the end, the market did indeed reverse, confirming the termination of the previous trend. This reversal presented an opportunity to profit from the downside movement. It is worth noting that the HVA (High Volume Area) trade rule, which will be covered in detail later in this educational material, played a crucial role in identifying this trading opportunity. By leveraging the HVA trade rules, we could capitalize on the same area where the breakout occurred but in the opposite direction.

This approach allowed us to limit risk during the breakout trade while maintaining the flexibility to adjust our trading strategy when the breakout failed swiftly. Adapting and capitalizing on market conditions in bullish and bearish scenarios is a valuable skill to develop as a trader.

To understand the HVA trade rules comprehensively and further enhance your trading knowledge, I encourage you to explore the additional educational material provided. Expanding your repertoire of trading strategies and techniques allows you to seize profitable opportunities while effectively managing risk in various market situations.

For traders who manage out of 5-1 trend trades and are exploring opportunities for a "continuation style" entry, it is crucial to possess strong chart reading skills. It is recommended to thoroughly study and refine your chart reading abilities to a high level.

When considering a continuation entry, it is important to identify a strong trend that has not yet reached a Fibonacci target. Typically, this trend will have originated from a "bad top or bottom," meaning it did not align with a Fibonacci area. The continuation trade strategy involves using Fibonacci areas to determine the entry point, but only after a 13-range chart reversal bar and the small triggers on the 5-1 chart have crossed in the direction of the trade.

In determining whether to employ the continuation style entry, referring to a larger Fibonacci-based chart is generally advisable. This chart will be a valuable tool in assessing the viability of the continuation approach. The accompanying chart below illustrates a common visual representation of this concept.

By incorporating the larger Fibonacci-based chart and following the prescribed entry criteria, traders can effectively execute continuation trades. This methodology allows for capitalizing on ongoing trends that have not yet reached their Fibonacci targets while still adhering to proven technical principles.

After reaching a specific area, the entry for a continuation style trade will be taken once the small triggers undergo a roll. In the provided picture below, you can observe two potential examples of continuation-style entries. These entries occur when the small triggers exhibit a distinct rolling pattern following the price reaching a particular area.

Traders can strategically participate in the ongoing trend by identifying and capitalizing on such continuation opportunities. These continuation-style entries allow the potential to capture further market movements after a pause or consolidation phase, enhancing profit potential and maximizing trading opportunities.

Another trading approach is to trade "TO" the trend continuation area when a confirmed divergence is observed on the 13-2 chart, coupled with the small triggers crossing beyond the 13-2 large triggers. By adopting this strategy, traders can initiate trades towards the continuation area and potentially benefit from both the movement to and from these areas, provided the continuation trade rules align.

This approach leverages the convergence of multiple factors, including confirmed divergence and trigger line alignment, to identify potentially profitable trading opportunities. By capitalizing on the trend continuation area, traders can take advantage of significant price movements and enhance their chances of securing successful trades.

It is crucial to adhere to the established continuation trade rules and ensure all necessary criteria are met before entering these trades. This disciplined approach, based on confirming divergences and trigger line alignment, helps traders make informed decisions and maximize their trading potential.

By revisiting this short video, you will better understand the "continuation" style technique, specifically in relation to Fibonacci areas and mid-bands. This technique builds upon the principles of identifying key Fibonacci levels and mid-band areas to identify potential continuation opportunities in the market.

Through careful observation and analysis, you will begin to recognize the specific patterns and setups that indicate the continuation of a trend. By incorporating Fibonacci areas and mid-bands into your analysis, you can enhance your ability to identify these continuation opportunities more precisely.

As you review the video, pay close attention to the explanations and examples provided, as they will help you gain valuable insights into effectively applying the continuation style technique using Fibonacci areas and mid-bands. This knowledge will empower you to make informed trading decisions and take advantage of potential continuation opportunities in the market.

Nexgen's T3 Fibs ProTrader offers a significant advantage when trading cryptocurrencies. However, please note that currently, cash crypto trading cannot be executed directly within Ninja Trader 8. Therefore, you must utilize a dedicated cryptocurrency exchange supporting long and short positions. It is recommended to choose an exchange that aligns with your trading preferences.

To analyze the cryptocurrency markets of your choice, Ninja Trader 8 provides prebuilt connections (free) for CoinBase data. Configuring the connection in Ninja 8 is straightforward, and you can refer to the accompanying picture for guidance. Additionally, detailed instructions provided by Ninja Trader on configuring the CoinBase connection can be found at https://ninjatrader.com/ConnectionGuides/Coinbase-Connection-Guide​.

By leveraging the power of Nexgen's T3 Fibs ProTrader and combining it with reliable cryptocurrency exchange data, you can enhance your trading experience and capitalize on the opportunities the cryptocurrency market presents.​

Applying the same rules and principles used in Nexgen's Fibonacci analysis, charts, and workspaces as you would in any other market is important when trading cryptocurrencies. You can utilize popular cryptocurrency platforms such as CoinBase Pro or ByBit.com, which can trade long and short positions with or without leverage (please note that Coinbase only allows buying positions).

To illustrate, here is an example of Nexgen's ETH USD day trading workspace, tailored specifically for cryptocurrency trading. The rules and strategies you employ for crypto day trading align closely with those used in futures trading, ensuring consistency in your approach and decision-making.

By leveraging Nexgen's proven methodologies and combining them with reliable cryptocurrency platforms, you can effectively navigate the dynamic world of cryptocurrency trading. Remember to adhere to your trading plan, apply technical analysis, and stay disciplined in executing your trades.

The provided picture showcases the Coinbase Pro platform, which is primarily designed for long-term investing rather than day trading. It is important to note that Coinbase only allows long positions, meaning you can buy cryptocurrencies but not sell them short.

While Coinbase Pro is suitable for long-term investors seeking to hold cryptocurrencies for an extended period, it may not offer the necessary features and functionalities for active day trading strategies. If your objective is day trading, you may need to explore other cryptocurrency platforms that allow long and short positions, providing greater flexibility in executing your trading strategies.

The provided image showcases the ByBit.com platform, a popular cryptocurrency trading choice. Traders using ByBit would typically fund their accounts with Tether (USDT), a stablecoin tied to the value of the US dollar. To acquire USDT, traders may purchase it on exchanges such as Kraken or Coinbase and deposit it into their ByBit account.

On the ByBit platform, traders can trade contracts like ETHUSDT or BTCUSDT. Individuals need to conduct thorough research on accessing and using such platforms. It's important to note that trading restrictions or regulations may apply depending on the trader's jurisdiction or residency, particularly for individuals in the United States or other countries. Dedicated websites exist to provide information on these specific issues, and traders should consult them for more details.

ByBit offers convenient features such as adjusting stops and targets using a drag-and-drop functionality, similar to Ninja Trader. However, it is crucial to remember that the effectiveness of trading strategies lies in accurately identifying Fibonacci and Trigger Line patterns. Nexgen's analysis techniques apply to any liquid market, including cryptocurrencies.

The T3 Market Flow indicator provides valuable insights into the dynamics between buyers and sellers at each price level. It visually represents this information through the use of green dots to indicate a predominance of buyers and magenta dots to indicate a predominance of sellers. By observing these plotted dots, traders can better understand the market sentiment and potential shifts in supply and demand.

In addition to its general interpretation, Nexgen traders employ specific patterns associated with the T3 Market Flow indicator to refine their entry timing. When aligned with the rules for trend trades or HVA trades, these patterns offer traders valuable cues for identifying optimal entry points.

By incorporating the T3 Market Flow indicator and its associated patterns into their trading strategies, traders can enhance their decision-making process and increase their ability to enter trades at advantageous moments. As reflected in the indicator, understanding the dynamics of buyers and sellers provides traders with valuable insights into market sentiment and potential trading opportunities.

Watching the provided short video is recommended if you are using Ninja 7 and notice that the T3 Market Flow indicator dots are positioned behind bars. This video will guide you on adjusting the settings to ensure that the dots appear on top of the bars in the Market Flow indicator.

By following the instructions in the video, you can align the dots properly with the bars, allowing for a more accurate interpretation of the Market Flow indicator. This adjustment will enhance your ability to analyze market dynamics and make informed trading decisions based on the visual representation of buyer and seller activity.

Ensuring that the dots are on top of the bars in the Market Flow indicator is crucial for maintaining consistency and accuracy in your chart analysis. Take the time to watch the video and make the necessary adjustments to optimize your trading experience.

White Paint Bars as Volume Breakouts

The "WHITE PAINT BAR" visually represents a volume breakout, either upward or downward. These white paint bars exhibit a specific alternating pattern, where they will switch between up and down movements. It is worth noting that rare exceptions exist, and it is extremely uncommon to observe two consecutive white up or white down paint bars.

The white paint bar holds several applications when trading Nexgen's Fibonacci areas. Here are some key uses:

1. Volume Breakout Confirmation: White paint bars confirm a volume breakout, indicating a significant shift in market sentiment. This breakout can occur in either an upward or downward direction, highlighting the potential for a strong market move.

2. Reversal Signals: White paint bars can act as reversal signals in certain cases. Combined with other technical analysis tools and strategies, they suggest a potential trend reversal or a change in market direction.

3. Trade Entry Points: Traders can utilize white paint bars as entry points for trades, particularly when they coincide with Nexgen's Fibonacci areas. Traders can identify favorable entry opportunities by considering the white paint bars, other trading indicators, and price action.

It is crucial to exercise caution and conduct thorough analysis when utilizing white paint bars for trading decisions. While they offer valuable insights, it is important to incorporate other technical analysis tools and adhere to appropriate risk management strategies.

By integrating the information provided by white paint bars within the context of Nexgen's Fibonacci areas, traders can enhance their trading approach and potentially capitalize on emerging market opportunities.

Arrows as a signal after white paint bars

One of the most common white paint bar signals is the appearance of an "ARROW" when a white paint bar is immediately followed by a reversal bar in the opposite direction. This arrow signal is a significant indication and holds specific implications for trading strategies. To effectively utilize this signal, it is essential to have the rule configuration of 13-2 and 5-1 Dynamic Renko Bar charts.

A long arrow signal following a white bar presents a favorable entry opportunity for a trend trade. Traders who employ the prescribed rule configuration can consider this long arrow signal as a potential entry point to capture the unfolding trend. This combination of the white paint bar and the subsequent arrow signal is depicted in the accompanying picture.

Traders can effectively incorporate this pattern into their trading strategies by recognizing and understanding the significance of the white paint bar and arrow signal within the framework of the 13-2 and 5-1 Dynamic Renko Bar charts. It is important to note that thorough analysis, consideration of additional indicators, and adherence to appropriate risk management practices are crucial for making well-informed trading decisions.

Utilizing the long arrow signal as an entry point can enhance the trader's ability to capitalize on emerging trends and maximize trading opportunities.

High-volume lines for HVA trades

The HVA "LINE" trading area is established through a specific process. It begins with a white paint bar that confirms a volume breakout, followed by a subsequent close higher than the white bar. Once the close surpasses the up-white paint bar, a lime green line extends to the right from the HVA "AREA" of the white paint bar. Conversely, a magenta line is displayed in the case of a downward movement.

To fully comprehend and effectively utilize HVA trades, reviewing the RULES FOR HVA TRADES outlined in the trading rules section is essential. These rules provide specific guidelines and instructions for engaging in trades involving the HVA "LINE" trading area.

By incorporating the HVA "LINE" trading area and adhering to the associated rules, traders can enhance their trading strategies and decision-making processes. This visual representation of the trading area provides valuable insights into market dynamics and potential trade setups.

To make informed trading decisions, it is crucial to understand the rules and principles governing HVA trades thoroughly. Regularly reviewing and familiarizing oneself with the trading rules section ensures traders are well-equipped to utilize the HVA "LINE" trading area effectively.

By leveraging the power of the HVA "LINE" trading area and following the established rules, traders can potentially improve their trading outcomes and capitalize on opportunities presented by volume breakouts and subsequent price movements.

Yellow paint bars as a signal

Yellow Paint Bars serve as an indicator of a "reversal" in volume. The formation of a Yellow Signal Bar requires specific conditions to be met. Firstly, there should be at least one down magenta dot on a down bar, followed by multiple green dots on an up bar. When these criteria are fulfilled, a Yellow Signal Bar is generated.

To identify a Yellow Signal Bar, observe the following scenarios:

• Example 1: Reversal with Up Volume

  • A down bar with at least one down magenta dot.

  • An up bar follows the down bar with multiple green dots.

  • This combination creates a Yellow Signal Bar, indicating a potential reversal in volume.

• Example 2: Reversal with Down Volume

  • An up bar features green dots.

  • Followed by a down bar with multiple magenta dots.

  • This configuration results in a Yellow Signal Bar, suggesting a potential reversal in volume.

By recognizing these patterns and understanding the role of Yellow Paint Bars in signaling volume reversals, traders can incorporate this information into their trading strategies to make informed decisions.

Antenna bar signal -stranded buyers or sellers

Antenna Bars represent visual reversal patterns that occur when the market attempts to decline but reverses direction towards the upside. These patterns are easily identifiable through the presence of "HVA AREA LINES" floating within the candle's stem, wick, or reversal bar. It is important to note that only some antenna bars serve as a trading signal. Only those that adhere to the rules for a trend trade, as indicated by the 13-2 and 5-1 trend trade charts, should be considered.

To determine if a bar qualifies as an antenna bar, examine the position of the HVA LINE AREA to the candle's body. If the HVA LINE AREA is either inside or touching the candle's body, it does not meet the criteria for an antenna bar.

Please be aware that chart analysis constitutes a significant portion, approximately 90%, of the trading day, while actual trading represents only a fraction of the day.

It is crucial to emphasize that not all antenna bars should be considered trading signals. Only those antenna bars that conform to the rules outlined by the 13-2 and 5-1 trend trade charts should be considered for trading purposes. These trend trade charts provide valuable guidance in determining the suitability of antenna bars as trading signals.

Below is an example featuring two BULLISH antenna bars:

1. Bullish Antenna Bar:

   • This antenna bar exhibits considerable strength in the trigger lines.

   • Its robust characteristics make it a suitable candidate for a trading signal. (edited)

When delving into market flow education, it is important to approach it with caution and awareness. The market flow indicator can be a potent and valuable tool for building confidence and enhancing your trading strategy, but it must be used correctly to yield optimal results.

To harness the full potential of the market flow indicator, it is advisable to focus on its application in areas that are likely to exhibit continuation patterns. By utilizing the indicator specifically in these areas, you can capitalize on its ability to provide entry signals and identify termination points where the market trend is likely to halt.

By confining your usage of the market flow indicator to relevant areas, you can avoid the trap of trying to decipher the significance of every individual bar, which may lead to unnecessary confusion and distractions. Instead, by employing the indicator strategically, you can effectively filter out irrelevant information and concentrate on the signals that hold greater significance for your trading decisions.

By adhering to this approach and exercising discretion in its implementation, the market flow indicator can be a powerful ally, providing valuable insights and boosting your overall trading performance.

This particular trend trade exemplifies an entry point that occurred following the presence of two significant market flow advantages. The first advantage is observed by identifying a high volume area (HVA) line, accompanied by downward trigger lines aligning with the HVA line. This alignment suggests a potential area of increased selling pressure.

The second advantage emerges as a market flow signal, specifically a yellow antenna bar, indicating a short signal. This signal further confirms the potential for a downward movement in the market.

Combining these two market flow advantages—namely, the alignment of trigger lines with the HVA line and the occurrence of a yellow antenna bar—provides a compelling entry opportunity for a short trade.

By recognizing and capitalizing on such market flow indicators, traders can improve their ability to identify favorable trade setups and enhance the overall effectiveness of their trading strategies. Staying attuned to these market flow advantages is essential as they can greatly contribute to successful trading outcomes.

In scenarios where divergence occurs at the high of the 5-1 chart, coupled with bearish market flow bars descending from the top (such as a yellow antenna bar followed by a white paint bar down), traders should exercise caution and wait for a market flow long signal before considering a long trade. Prioritizing confirmation from the market flow indicator before entering a trade is crucial.

In the specific example provided, no market flow long signal was present, leading to the decision to refrain from taking a long trade. This cautious approach ensures traders do not jump into positions prematurely without the necessary confirmation from market flow indicators.

By patiently awaiting the market flow long signal, traders can improve their trading precision and reduce the likelihood of entering trades that may lack the desired confirmation level. This disciplined approach helps to align trading decisions with the market's underlying dynamics and increases the probability of successful trades.

In the depicted picture, we can observe another instance of 5-1 divergence occurring at the low, complemented by bullish market flow signals. It is crucial to note that when the trend trade spot lacks any short signals, it is advisable not to initiate a trade.

By exercising discipline and refraining from trading without short signals at the trend trade spot, traders can avoid entering trades that may lack the necessary confirmation from market flow indicators. This cautious approach helps to mitigate the risk of entering trades prematurely or based on incomplete information.

Traders should prioritize waiting for the appropriate signals and indications before considering trade entries. This ensures that their trading decisions align with the established rules and guidelines, ultimately enhancing the likelihood of successful and well-confirmed trades.

By maintaining this disciplined approach, traders can make informed trading decisions based on the convergence of key indicators, increasing their trading accuracy and overall profitability.

When a signal to buy emerges following a 5-1 divergence and a bearish market flow stop, it is important to carefully consider the presence of the magenta High Volume Area (HVA) line while managing trades. As a common practice, many traders choose to exit half of their position at the HVA, aiming for a profit of around 10-15 ticks. Additionally, they strive to achieve a break-even or better outcome on the remaining portion of the position.

Considering the HVA line's significance, traders recognize its potential as a price level that may attract increased trading activity and influence market behavior. By strategically managing trades and securing profits at the HVA line, traders can capitalize on favorable market conditions and reduce risk exposure.

The approach of exiting a portion of the position at the HVA helps lock in profits and protect against potential reversals or price retracements. It allows traders to mitigate risk and ensure a favorable risk-reward ratio for their trades.

Furthermore, aiming for a break-even or better outcome on the remaining position enables traders to eliminate the risk of loss and potentially enhance their overall profitability.

By incorporating these prudent trade management practices, traders can maximize their potential returns while safeguarding their capital, fostering disciplined trading habits, and increasing their chances of consistent trading success.

The provided picture shows a 5-1 divergence accompanied by a yellow-white paint bar combination within a strong trend. Experienced traders may choose to sell at the high of the white paint bar in anticipation of a down signal. This approach is most effective during a robust trend and when all triggers align perfectly to support the trade.

If a trader waits for confirmation, they will look for an entry point after receiving a market flow signal in the desired direction. Stops are typically placed 2 ticks above the market flow arrow signal to manage risk. This placement allows traders to protect their position if the market moves against their trade.

By employing this strategy, traders seek to capture potential downward movements in price during a strong trend while ensuring a level of risk management. The combination of technical signals, including divergence, paint bar patterns, and market flow indicators, assists traders in identifying favorable entry and exit points in the market.

In certain instances, the market may offer "medium probability" trades, which occur when most indicators align for a trade, albeit with a minor issue. In such cases, the market flow indicator can assist in refining the entry point.

In the provided example, we observe a yellow-white combination pattern from the low, indicating a potential trade setup. However, traders wait for a market flow signal to ensure a more precise entry before initiating the trade. This additional confirmation helps enhance the trade's probability of success.

Similarly, in the short trade scenario, traders identify the HVA magenta line at the high as a potential area of interest. By waiting for a market flow signal to align with this setup, traders can improve their entry timing and increase the likelihood of a successful trade.

By incorporating the market flow indicator as an additional tool in decision-making, traders can fine-tune their entries and increase their trading accuracy, particularly in medium-probability trade setups.

T3 Market Flow indicator video

Once you have established the Trigger Line configuration, also known as Rule #1, which involves small triggers positioned above the large triggers for long trades or small triggers positioned below the large triggers for short trades, you have identified the primary look when the trend is most likely to continue. However, it is crucial to remember Rule #2, which deters traders from entering a new trend trade at a termination area.

Having understood these principles, it is now time to focus on selecting your entry area. Pinpointing the entry area involves looking for specific indicators such as Fibonacci lines, mid-band, or one-to-one levels that are positioned "inside" the 5-1 large triggers. This identified area will serve as your entry spot. Utilizing this technique will define the entry area for each 5-1 trend trade.

It is important to emphasize that in real-time trading, you must decide to buy or sell during a pullback while the market is still moving in the desired direction away from the entry point before the actual pullback occurs. The moment you choose to buy the pullback and select your entry areas within the large triggers at Fibonacci and Mid-Band levels is depicted in the accompanying chart.

By implementing this approach, traders can effectively define their entry areas and capitalize on pullbacks within the larger trend. This methodology enables traders to enter trades while considering important levels and indicators, strategically enhancing their trading decisions ' precision and potential profitability.

As the market begins to experience a pullback, it is crucial to identify and highlight—either visually or mentally—the area between the large triggers on the 5-1 chart that encompasses Fibonacci levels, mid-bands, or one-to-one ratios.

When observing the pullback, focus on the region within the large triggers that incorporate these key indicators. This area serves as a significant zone of interest for potential entry points. By highlighting or mentally noting this specific region, traders can effectively target their attention on potential trade setups that align with the presence of Fibonacci, mid-band, or one-to-one levels.

This approach allows traders to hone in on relevant price levels and indicators while considering the context of the larger trend using the 13-2 chart. By monitoring the highlighted area during pullbacks, traders can identify potential opportunities to enter trades that offer favorable risk-reward profiles.

Remember to exercise discipline and patience, waiting for price action confirmation or other supporting factors before executing trades within the highlighted zone. This methodical approach helps traders make informed decisions based on the interaction between price movements and significant technical levels, ultimately enhancing the precision and effectiveness of their trading strategies.

At the identified spot within the highlighted area, it is recommended to place a limit order. The market's appearance at the time of entry should resemble the following visual representation.

Once the entry is executed, adjusting the stop-loss order as the market resumes the trend by forming upward or downward bars is crucial. It is important to note that this consistent pattern is observed when studying and executing 13-2 and 5-1 chart trend trades.

As the market shows signs of resuming the intended trend, monitor the price action and adjust the stop-loss order accordingly. This approach ensures that the stop-loss is positioned to protect profits and manage risk effectively as the market progresses.

By being attentive to the market's behavior and adjusting stops based on the formation of up or down bars, traders can maintain a disciplined approach to risk management. This strategy aligns with the consistent nature of 13-2 and 5-1 chart trend trades, facilitating more robust trade execution and potential profitability.

By familiarizing yourself with the depicted trend trade looks, you can better understand market dynamics and identify opportunities to generate significant profits. Establishing solid tops or bottoms is particularly essential in achieving substantial gains during large-trend trades.

Revisiting the concepts presented in the aforementioned video will provide you with additional insights and strategies for effectively trading at key market edges, tops, and bottoms. Incorporating these principles into your trading approach can enhance your ability to capitalize on favorable trading opportunities and optimize your overall trading performance.

In the following example, two trend trades are illustrated. The second trend trade specifically highlights the trade setup that traders should consider after a significant top has been established in the market. Pay close attention to the strength of the trigger lines on the 13-2 chart and the positioning of small versus large trigger lines on the 5-1 chart. By doing so, traders can avoid overlooking this trade opportunity, which may be influenced by the presence of a blue Fibonacci level on the 5-1 chart's low.

Analyzing the trigger strength on the 13-2 chart and evaluating the relative location of small and large trigger lines on the 5-1 chart are key factors to consider when identifying and executing this particular trade setup. Despite the presence of the blue Fibonacci level on the 5-1 chart's low, it is important not to disregard the trade opportunity if the trigger signals align favorably.

By incorporating these considerations into your trading analysis, you can effectively enhance your ability to identify high-probability trade setups and capitalize on market opportunities. This focused approach ensures you do not miss out on potential trend trades after establishing significant tops, leading to more informed trading decisions and potentially improved trading outcomes.

The following example emphasizes the critical significance of incorporating Fibonacci-based areas and confirming the presence of large triggers at the price levels where you initiate a trend trade.

When considering trend trades, aligning your trading decisions with relevant Fibonacci-based areas is essential. These areas serve as key levels of support or resistance within the market. By confirming the existence of large triggers at the specified prices, you can enhance the reliability of your trade entries.

Integrating Fibonacci-based areas into your trading analysis provides a framework for identifying optimal trade initiation points. Combining this with the presence of large triggers at those specific prices further validates the trade setup and increases the probability of success.

By adhering to this approach, you can strengthen your trading strategy and increase the precision of your entries. This method ensures that you focus on high-probability trade setups that incorporate Fibonacci-based areas and align with the confirmation of large triggers at the intended prices, fostering a more informed and effective trading approach.

Occasionally, it is possible to experience a loss in a trend trade or exit the trade due to a higher or lower divergence. However, if the larger chart trend remains well-established and unchanged, re-entering the trade may be possible. This re-entry occurs when all three trigger lines cross in the same direction, referred to as a "continuation trade."

A continuation trade involves re-taking the trade after confirming the alignment of all three trigger lines in the desired direction. This strategy allows traders to capitalize on the ongoing trend. The provided chart demonstrates two instances where such continuation trades are observed.

By recognizing and actively seeking continuation trade opportunities, traders can benefit from the persistence of the larger chart trend and potentially achieve improved trading outcomes. This approach leverages the synchronization of trigger line movements to enhance trade entry precision and aligns to maximize profits during sustained trends.

The accompanying image depicts a trade scenario where a loss occurs, followed by a continuation of a short trade. To navigate such trades successfully, it is essential to review the video titled "Trading the Edges, Tops, and Bottoms." This video provides valuable insights into identifying and leveraging key market edges to anticipate price movements, ultimately increasing the likelihood of reaching more significant Fibonacci targets.

By studying and implementing the strategies highlighted in the mentioned video, traders can develop a heightened expectation of capturing extended moves during these trades. It equips them with the necessary knowledge to identify optimal entry and exit points based on market edges, tops, and bottoms.

Maintaining a high expectation of reaching further Fibonacci targets assists traders in setting realistic profit objectives and maximizing their trading potential. By combining this knowledge with prudent risk management techniques, traders can increase their chances of achieving favorable trading outcomes.

Revisiting the suggested video enables traders to refine their trading skills and gain a deeper understanding of navigating trades effectively, even in situations involving losses. This continuous learning process enhances traders' abilities to adapt to market conditions, make informed decisions, and optimize their trading strategies.

In the given scenario, the presence of bad bottoms and split large triggers on the 5-1 chart presents two potential trend trades, as indicated by the yellow text. The decision regarding which area to trade in the market depends on the quality of the bottom, as explained in the tops and bottoms video.

Upon assessing the quality of the bottom, traders can choose between the first circled long area or the second rectangle area as their entry point. The selection of the appropriate entry area is crucial for effectively trading the market based on the identified trend.

The provided example shows that the lowest low at the exit point of the trend trade short did not correspond to a significant Fibonacci area. Consequently, the long trade occurred from the farther large trigger, which is the proper entry area in this case.

By making informed decisions based on the principles taught in the tops and bottoms video and considering the relevance of Fibonacci areas, traders can optimize their entry points and increase their chances of achieving favorable trading outcomes.

Remaining vigilant in selecting entry areas ensures a strategic approach to trading and positions traders to capitalize on market opportunities more effectively.

In the first short example, it is crucial to emphasize the importance of placing an initial protective stop at a level the market should ideally not reach while still allowing for some breathing room. Recognizing that the market may occasionally "slightly overrun" the large triggers and designated areas is essential. Therefore, it is advisable not to set the stop too tightly when initiating a short trade. This approach helps traders avoid premature stop-outs and allows for potential market fluctuations within a reasonable range.

Moving on to the second scenario, when a significant bottom is identified based on the criteria outlined in the video, and the market exhibits a robust upward move, it may require executing a trend trade that is not precisely at the large triggers on the 5-1 chart. A rectangle in the provided illustration represents the entry area. This entry area will typically encompass multiple Fibonacci areas, including Fibonacci levels, MidBands, and/or One-to-Ones. The quality of the termination condition on the 13-2 chart will play a crucial role in determining the suitability of executing this long trade above the 5-1 large triggers.

Considering the presence of Fibonacci indicators and the termination condition on the 13-2 chart, traders can effectively identify and execute this long trade. Confirming a "great bottom" combined with a strong upward move validates the entry area despite not aligning precisely with the large triggers on the 5-1 chart.

Maintaining a disciplined approach and considering these factors enhances traders' ability to execute trend trades successfully. This methodology incorporates a comprehensive analysis of key indicators and termination conditions, enabling traders to make informed decisions and optimize their trading strategies.

Following a well-defined top, traders should actively seek the first available opportunity for a trade. This particular trade, however, does not fall under the category of a trend trade but rather a momentum-style trade. Although Nexgen traders typically share it daily, it has been included in the trend trade section here to introduce the HVA (High-Volume Area) trade look for documentation purposes.

Engaging in this style of trade, especially after identifying a high-quality Fibonacci top or bottom on multiple charts, such as the 8-range charts with consideration of market flow and/or the 21-3 chart, can contribute positively to your overall trading performance when you feel prepared and confident to take it.

By incorporating this momentum-style trade in conjunction with a meticulous analysis of various charts and identifying significant Fibonacci levels, traders can enhance their trading outcomes and ultimately increase their profitability.

It is essential to recognize that engaging in such trades requires a comprehensive understanding of market dynamics and an ability to identify key levels and patterns. Combining this knowledge with your readiness and experience can effectively integrate the HVA trade look into your trading strategy and improve your overall results.

To build confidence in trend trades, it is beneficial to study historical examples. Follow these steps to accomplish this task effectively:

1. Open your workspace in NinjaTrader, and maximize the 13-2 chart.

2. Utilize drawing tools to draw circles on the "wicks" or "tails" on the 13-2 chart that occur while the large and small trigger lines exhibit strong momentum trending characteristics.

3. The circles you mark on the 13-2 chart will automatically appear on the corresponding 5-1 chart locations.

4. To build a library of trend trade examples, utilize screen-capturing tools such as the TechSmith capture tool (installed during the setup) or any other screen-capturing software.

5. Save and organize these captured images in your trade tracking sheet, which Nexgen will provide.

6. By capturing 10-15 pictures daily, you will quickly become familiar with recognizing profitable trend trade setups.

7. Back-testing at least 100 historical trend trades across various markets while using the demo account is essential. Repetition is key to solidifying your understanding and gaining confidence in identifying proper trend trade opportunities.

8. The provided video example below explains the process of visually back-testing historical trend trade setups.

9. This study technique is crucial for accelerating your progress in making real profits. By consistently practicing and studying these historical examples, you will develop the necessary trust in expected outcomes, enabling you to execute trades confidently during live market conditions.

10. It is important to note that as a new user, you can access the same tools as experienced Nexgen traders who achieve significant success. The difference lies in the trust they have built through repeated exposure to expected outcomes. You, too, can reach that level of confidence with practice and dedication.

11. This technique can also be applied when transitioning from trend trades to studying termination conditions and HVA trades. Simply mark circles or rectangles around each termination condition and then identify the entries on the 8-range chart.

12. If you have any questions or need assistance, feel free to ask in the "ask questions" section of the Discord platform or reach out to your client advisor via email if you cannot attend live classes.

By consistently employing this study technique and seeking support when needed, you will steadily develop the skills and confidence necessary to execute successful trades in real-market situations.

At Nexgen Software Services, we strongly advocate tracking your trading progress using a dedicated spreadsheet or a reputable tracking program available for purchase online. Maintaining a trade tracking sheet allows you to effectively document your trades, monitor your wins and losses, and create a centralized study guide for your trading journey.

During installation, we provided you with an example trade tracking sheet, conveniently located in a folder named "Nexgen Study Pix..." on your desktop. Alternatively, you can access another copy of our master trade tracking sheet by clicking on the provided link. .

By diligently recording and analyzing your trades using a tracking sheet, you gain valuable insights into your trading performance, identify patterns or areas for improvement, and make informed decisions based on historical data. This systematic approach to tracking your trades allows you to assess your progress objectively and refine your trading strategies over time.

Maintaining a trade tracking sheet is integral to your trading journey, fostering accountability, discipline, and continuous learning. It is a valuable resource for evaluating your trading progress and enhancing your overall trading skills.

If you require any assistance or have further inquiries, please do not hesitate to contact our support team. We are here to support you in your trading endeavors.

If you do not have Microsoft Office products, you may download free Open Office products by following the link and downloading the program.

By incorporating the T3 Market Flow HVA (High Volume Area) lines as entry areas, you can further enhance your trading skills and expand upon the knowledge you have gained from studying termination conditions and T3 Trigger Line analysis.

Rule #1 for executing an HVA trade emphasizes the importance of having a well-defined top or bottom termination condition. It is essential to thoroughly understand the termination page and review the prior sections on chart reading to solidify your understanding of this concept.

Rule #2 builds upon the Trigger Line reading section of this guide, which you have already studied. This foundation will be a strong basis for incorporating the HVA trade into your trading plan, enabling you to decide whether to add this strategy to your repertoire.

By following these rules and ensuring you have a comprehensive understanding of termination conditions and Trigger Line analysis, you can confidently incorporate the HVA trade into your trading plan and enhance your overall trading approach.

A "momentum trade" follows the same principles as an HVA Trade, with the only distinction being the utilization of Fibonacci-based areas for entry instead of the T3 Market Flow HVA areas. The momentum trade is a viable option for users not yet prepared to incorporate the T3 Market Flow into their trading strategy immediately.

After identifying a termination condition, which you should review in detail, it is crucial to exercise patience and wait for the triggers to roll before taking action. In the provided example, you will observe the Fibonacci on the right and ensure it holds, creating a termination condition. This condition is met when the trigger lines are positioned below the Fibonacci area and have crossed downwards.

By waiting for the correct look, where all the specified conditions align, you significantly increase the probability of executing a successful trade. This approach emphasizes the importance of thorough analysis and strategic decision-making, ensuring you enter the market with a high likelihood of achieving positive results. Remember to consistently review the termination conditions and carefully observe the trigger line movements to enhance your trading accuracy.

The following are examples of a termination condition and a T3 Market Flow HVA entry.

Here are the main reasons and things to consider when choosing to work with prop firms and a brief rundown of the top 4 firms that Nexgen feels offer fair opportunities for our users. Each firm will allow you to trade multiple tests and live prop accounts. Some of them, like APEX, will let you trade up to 20 accounts simultaneously.

1. Access to Capital: One of the main advantages of joining a prop firm is access to significant amounts of trading capital. Prop firms typically provide traders with substantial financial backing, enabling them to trade larger positions than they might be able to with their money.

2. Reduced Risk: Trading with a prop firm's capital means that traders risk the firm's money rather than their own. This can help alleviate the pressure and risk of trading one's funds and provide traders with a safety net during drawdowns.

3. Cost vs. Payout will be another essential factor to consider when picking your prop firm. Sometimes the higher costs come with faster payouts. Lower-cost trading firms may make you trade for a much more extended period before getting paid for your trading efforts.

4. TOP 4 Prop Firms that are reputable and offer fair terms for traders. Remember losing the cost of a test account while learning to trade is much better than blowing out a bunch of your trading capital. We suggest starting with one, passing the test, and using profits to pay for more accounts as you grow.

5. By using a trade copier, you can trade multiple accounts with a prop firm. You can also trade using multiple proprietary firms or your live accounts, giving you some diversification across payouts and fee structures.

6. Nexgen recommends the Replikanto copier.

TAKE PROFIT TRADER - to learn more- #1 is the fastest payout after passing your test ( as little as 5 days), and why traders trade in the first place. The fee for the qualification test is a bit higher than some of the other firms. They regularly run 40% off specials and offer free accounts when you pass your evaluation. The most desirable quality with TPT is your ability to withdraw funds as early as the FIRST DAY after you start trading live. The only stipulation is that whatever your most significant drawdown was during your test, you leave it in the live account as padding—any profit above that you may remove. So if you want to be paid ASAP, take profit trader is best for you. TPT has one of the best support systems out there. They also offer the BEST POSSIBLE drawdown scenario. Drawdowns are calculated at the end of the day(not intra-trade), which makes them unique and simultaneously makes it easier for you to pass the evaluations. They will soon be adding the ability to trade stocks and cryptocurrencies to the futures trading they offer today. They have a live chat help desk that is highly responsive 10 hours per day, M- F.

APEX TRADER FUNDING - to learn more. They are #1 in the business in size and number of traders. Apex frequently has sales that are as much as 80% off the cost of the testing fees, making them the lowest-cost option. They will let you keep the first 25K in profit per account, but the actual payouts are limited for the first couple of months to 2000 dollars per withdrawal period, regardless of how much profit you make. Note: the biggest drawback to APEX is the "open equity" drawdown which can leave new traders wondering why they failed a test without losing a lot of money requiring a new subscription. Please visit the site and learn about drawdowns. We feel this is very important to know. The customer support is solid but through a ticketing system that responds quickly.

ELITE TRADER FUNDING - to learn more- Offers a large selection of test accounts. They offer that you can keep the first 12,500 of your profit and have 15 days trading live before getting a payout putting them in the middle of the road for payouts.

TOP STEP TRADER- to learn more. They are one of the older, more mature firms in the Prop firm industry, with over 10+ years of experience. They are excellent and very reputable. Slightly more expensive and not quite as generous with the drawdowns, but if you pass their test, you get to keep the first 10K in profit, and they have a 90/10 trader split.

It's important to note that while prop trading can offer significant benefits, it also comes with certain restrictions and guidelines. Traders often have to adhere to the firm's trading rules and risk management protocols, and they may be subject to performance targets or specific trading strategies imposed by the firm. Additionally, not all prop firms are the same, so traders should carefully research and assess the terms and conditions before joining one.

Nexgen's software is suitable for longer-term swing trading on various markets but with certain limitations. It is important to note that Nexgen's Fibonacci-based software is not specifically designed for daily or weekly charts due to the extensive historical data required to generate multiple Fibonacci support and resistance timeframes. Many trading platforms do not provide such a vast amount of historical data.

Before transitioning to longer-term trading with Nexgen, we highly recommend completing the training for day trading as we teach it. This step is crucial in ensuring that your understanding of chart patterns and trading plans is solid before switching to larger charts during the demo. Without a confident grasp of your plan and analysis, it will take considerable time to apply Nexgen's method to longer-term charts effectively. It is important to emphasize that Nexgen's rules and analysis for optimal setups work across all timeframes and charts, irrespective of their size. The primary distinction between day and swing trading lies in the chart size.

By mastering day trading and honing your skills in precise entries and exits, you can expedite the learning curve within 30-120 days. Day trading offers the opportunity for 5-10 potential trades per day, with the potential for average returns of 100-300% on incremental investments of $5,000 (bi-monthly, if not weekly). Day traders typically work 4-5 hours daily and avoid carrying overnight risks associated with swing trading, which often requires higher margin requirements.

To reiterate, at Nexgen, we believe it is advantageous for you to learn day trading initially to accelerate your learning process. Utilizing historical chart study and market replay can significantly enhance your learning speed. Once proficient in day trading, you can explore longer-term swing trades such as cryptocurrency trades or weekly options on markets like SPY, Apple, or Netflix.

Attempting to learn Nexgen's method through swing trading alone may result in a lower frequency of trades (2-4 per week) and a longer learning process of 1-2 years. Our ultimate goal is to ensure that you feel extremely comfortable and capable of trading at a high level in a relatively short period. The remaining progress is dependent on your dedication and commitment.

For those interested in swing trading, we recommend investing the time to learn day trading first. This will give you the confidence to effectively apply the rules to larger charts. Once you have completed the education for day trading, you will find that the winning trade setups, entry areas, and profit objectives become self-evident, regardless of the chart or timeframe you choose to trade in the real world.

Learning to trade at a high level goes beyond simply making money. It involves understanding which Nexgen indicator patterns can be executed confidently, which comes through trading both winning and losing trades. Embrace the learning process and do not fear losses, as long as you share your trade outcomes in class to promote growth and prevent repeating mistakes. Keep your focus on consistency and achieving successful results through your efforts.

Nexgen emphasizes that new traders should complete their education using the simulator and market replay. Many traders make the mistake of testing their trading rules and emotional control skills too early with real money. Without a winning mindset, trading with an incomplete or poorly developed plan often leads to avoidable losses and frustration. Nexgen provides all the necessary tools to avoid these pitfalls. Everyone can win, but thinking and acting like a winner requires a conscious choice. Nexgen's technical patterns provide a statistical advantage, and your mindset and execution of those advantages will determine your success.

John Novak, CEO and developer of Nexgen Fibonacci software, had valuable discussions with trading coach Mark Douglas, who focused on the psychology of traders in the early 2000s. The time spent with Mark Douglas greatly influenced Nexgen's study ideas. To understand Mark Douglas' methods, read his book "Trading in the Zone." Mark Douglas suggested tracking the performance of your trading rules based on a sample size of 20-25 trades. By focusing on high-probability trend trades after a Fibonacci-based solid top or bottom, you can master Nexgen's trading concepts with each sample size of trades. Active participation in class and educator feedback will help you avoid mistakes and enhance your learning.

John Novak believes that a deep understanding of your technical analysis advantages and consistently executing the correct trades will positively influence your trading psychology. If you ever find yourself trading with fear, anger, frustration, or seeking revenge, it is crucial to stop trading and refocus on the highest probability trades and your management rules. There is no shame in returning to the simulator to rebuild confidence in your trading plan when necessary.

Seach for Mark Douglas training videos on YouTube, it will not be time wasted.