Nick McDonald – Trade with Precision Price Action Course Silver+Bronze

The SILVER Package is our entry-level package. A solid 3 days of training where you learn 3 unique trading strategies you can apply in any market and any timeframe.

3-day workshop run by Nick McDonald provided as a high definition video recording.

On Days 1 & 2 you will learn:

• Our unique approach to Technical Analysis
• The building blocks to our trading strategies
• The Precision Expansion and the Precision Lifestyle strategies
• On Day 3 you will learn the Precision Cluster Strategy

Strategies Taught:

3 Trading Strategies

• Precision Expansion
• Precision Lifestyle
• Precision Cluster

All 3 are trend following strategies which can be applied in any market or timeframe. This offers a high degree of flexibility – as well as increasing trading opportunities – for the trader.

What You’ll Learn In Trade with Precision Price Action Course Silver+Bronze

Strategy Workshop (Day 1 & 2 )

The workshop is focused on trading strategies for any asset class and has these key learning objectives:

Price Action Mastery

Price action is historical price data plotted on a chart without indicators. After completing the Online Strategy Workshop (Days 1 & 2) you will develop an understanding of price action to the point where indicators are not required – they will simply become the icing on the cake (not the cake itself!)

Price action can be broken down into 6 key components. Master these components and you have mastered the foundation to profitable trading:

• Optimal Chart Structure

Identify at a glance which chart structures have the highest predictability and which ones you should avoid. Dramatically increase any strategy’s profitability by mastering this one simple component.

• Trading with the Trend

The most neglected and least understood component of trading. Master trends and you are well on your way to profitable trading.

• Price Support and Resistance

Discover why horizontal price action support and resistance is crucial to all of the Trade With Precision strategies and how to quickly identify it in any market and any timeframe.

• Moving Average Patterns and Zones

Learn to use the humble moving average as an accurate dynamic buy or sell zone, allowing you to determine entry zones well in advance.

• Candles

Identify which candles professional traders are entering on and take advantage of this knowledge by riding the wave of explosive price momentum caused by professional buying or selling.

• Multiple Timeframes

Trading off only one timeframe is like driving in thick fog, where the view of the road ahead is obscured making travel perilous. Learn the timeframes we use, why we use them and how to read them accurately time and time again. Many traders use indicators that lag price (i.e. price has already made its move before the indicator gives a buy or sell signal). We will teach you how profitable traders use indicators to predict market direction before price even makes its move. This is the art of leading Indicators…At TWP we DON’T do lagging!

Master the art of combining price action mastery with leading indicators to give you multiple high probability reasons for entry on every single trade. Not only will you drastically reduce your risk per trade, but you will significantly increase the number of winning trades as well as being able to catch moves early!

• Two strategies which are perfect for any liquid market and any timeframe you wish to trade

The Precision Expansion strategy and the Precision Lifestyle Trade are both trend following strategies, and can be applied in any market (from stocks and indices to commodities and forex) and any timeframe (from fast paced intra-day charts to longer term swing trading off daily or even weekly charts).

In addition to the checklists we will teach you a scoring system which instantly and objectively ranks each potential trade, eliminating confusion when identifying high probability trading opportunities.

• Ensuring you are equipped with the tools and techniques for success

Learn the simple, but extremely powerful, risk and money management techniques that profitable traders use.

Strategy Workshop (Day3)

You will learn the Precision Cluster Strategy:

• An all encompassing strategy which is based around clusters of support and resistance which form in every liquid market and has a very high success rate when used correctly
• The use of Pivot Points and Fibonacci as LEADING indicators. Understand how Fibonacci clusters are formed and how to incorporate them into your trading
• Advanced Trend Analysis to ensure you enter only on the strongest moves by assessing the very BEST trends to enter and those to leave alone
• Advanced Multiple Time Frame Analysis to ensure you accurately assess the bigger picture and that your position is aligned with the intermediate and higher time frame charts
• The Golden Rule for trading the Precision Cluster strategy
• Common pitfalls and mistakes – preventative measure to ensure you avoid them
• Improvement Procedure – when and how to correctly amend your strategy
• The Precision Cluster strategy checklist detailing precise entry and exit criteria including exact entry, stop and profit target levels

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