Are you looking for a good broker????

GTBFX is a regulated CFD Broker that features MT5 trading platform.
I've been using it since 6 years and yet it's been my personal favorite broker among all the brokers out there.

• Low forex fees 
• Best For Gold Trade
• Easy and fast account opening 
• Free deposit and withdrawal (instant)
• 24/7 live chat support

Open a Live Account : https://gtbfx.com/https://gtbfx.com/

**TRADING TERMINOLOGY AND MEANING:

POI: Point of Interest
BOS: Break of Structure
AOI: Area of Interest
LTF: Lower Time Frame
IOF: Institutional Order Flow
VSA: Volume and Spread Analysis
+OB: Bullish Order Block
-OB: Bearish Order Block
FVG: Fair Value Gap
SMT: Smart Money Tool/Technique
+BB: Bullish Breaker
-BB: Bearish Breaker
+MB: Bullish Mitigation Block
-MB: Bearish Mitigation Block
SSL: Sell Side Liquidity
BSL: Buy Side Liquidity
EQM: Equilibrium
CE: Consequent Encroachment
EQH: Equal Highs
EQL: Equal Lows
HTF: Higher Timeframe
LTF: Lower Timeframe
MMM: Market Maker Model
MMSM: Market Maker Sell Model
MMBM: Market Maker Buy Model
LOKZ: London Open Kill Zone
LCKZ: London Close Kill Zone
NYOKZ: New York Open Kill Zone
NYCKZ: New York Close Kill Zone
AR: automatic reaction (bearish, I think)
AR: automatic rally (bullish, I think)
BC: buying climax
BU: backup
LPS: last point of support
LPSY: last point of supply
PS: preliminary support
PSY: preliminary supply
SC: selling climax
SOS: sign of strength
SOW: sign of weakness
SSR: stepping stone redistribution
ST: secondary test
TR: trading range
UT: upthrust
UTAD: upthrust after distribution
QML: Quasimodo
PDH - Previous day high
PDL - Previous Day Low
PWH - Previous Week High
PWL -Previous Week Low
BMS - Break in Market Structure
CBDR - Central Bank Dealer Range
CE - Consequent Encroachment (50% of FVG)
SH - Stop Hunt
SMS- Shift in Market Structure
MS - Market Structure
RTO - Return to Order Block/Origin
OB - Order Block
OTE - Optimal trade Entry
IPDA - Interbank Price Delivery Algorithm
FVG -Fair Value Gap
SMT - Smart Money Tool
LP - Liquidity Pool
PA - Price Action
IOF -Institutional Order Flow
BISI - Buy Side Imbalance Sell side Inefficiency
SIBI - Sell Side Imbalance Buy Side Inefficiency
COT - Commitment of Traders
NFP - Non Farm Payroll
HTF - Higher Time Frame
LTF - Lower Time Frame
AMD - Accumulation,Manipulation & Distribution
PO3 - Power Of 3
RN - Round Numbers
OSOK - One Shot One Kill
LVG - Liquidity Void Gap
EQH - Equal High
EQL - Equal Low
TS - TURTLE SOUP
WDYS - What Do You See
SSL - Sell Side Liquidity
BSL - Buy Stop Liquidity
HL - Higher Low
HH - Higher High
LH - Lower High
LL - Lower Low
BOS - Break Of Market Structure
QML - Quasimodo

PLEASE SHARE THIS LIST & OUR COURSE CHANNEL LINK WITH YOUR FRIENDS, GROUPS, CHANNELS, ETC...

OUR FREE TRADING COURSES CHANNEL:**

**The next topics I have in store are the ones that you guys been looking forward to!

Advanced Trendline + SNR

1. Introduction to SNR
2. Introduction to Trendline
3. How to find Precise SNR
4. How to draw Trendline correctly
5. How to do mapping with Trendline + SNR
6. How to entry at the right key level
7. A complete S.O.P of Goldvip Trading Secrets.
   8. Advance Learning Course Also Available**

**How do we identify to BUY/SELL ?

You need to look at SNR. Now, what is SNR?

S - Support
R - Resistance**

**How To Make Profit ?

• We can make profit by buying or selling currencies.

• BUY when the price is LOW.
• SELL when the price is HIGH.**

Do you see how easy it is to manage our risks with Martingle Layer ? ?**

Even if you chose a high risk lot sizes and it hits SL, the losses are smaller if compared to entry with a big lot size in one position.

But, you have to remember that high risk lot sizes can also cause your trading account to blow ?

So choose the safest path to grow consistently. This is not gambling where you wait for your luck to work it out.

Be smart with how we set up our trades and manage our accounts ?**

**Entry & Layering! (Martingale Layer)

1. This layering technique is called the Martingale Layer. I’m not kidding when I said Martingale Layering entry is one of the best ways to manage your risk.

2. First thing, you have to choose the right lot sizes. For instance, you have $200 USD equity in your acc. And Goldvip chooses 0.10 lot size as it is in between low and mid risk.

3. Once signal is out or when you want to enter, the mindset is to fill up your 0.10 lot size by layering. So first entry, you will enter with the smallest/cutest lot size of 0.01 or 0.02.

4. When the price is floating negative 5/10pips from the open/ first entry price, you may add the layers and increase the totals lot from the small one you entered initially.

5. And when the price floats further negative 20 pips from the open/ first entry price, add your positions to fulfill the total of 0.10 lots by entering the last layer with a bigger lot size than the second layer which is around lot 0.07 or 0.05 lots.

6. Only layer TWICE max. to avoid over layering.

7. So if the trades Hit SL, the losses are minimised if compared to entering the market with 0.10 lots in your first entry.

8. If you’re profiting, your profits will be much bigger compared to if you were to enter the market with one trade of 0.10 lot as your first entry.**

**Layering & Lot Sizing

☝? Layer-ing

• Entry by Layer is one of the easiest way to manage or control our risks in trading. Say whaaat!? ?

• How is this possible? Weird right? Usually when you heard the word “Layering” the first thought is “hmm more risks to bear now” isn’t it?

• You think of it that way because you don’t know the real technique to layer YET! @Goldforex will share with you the tips to layer correctly. Not by simply opening positions randomly!

✌? Lot Sizing (Money Management)

• Lot sizing is the most primary element in trading. It is a crucial factor that many new traders tend to overlook. Most newbies will randomly entry the lot sizes as if the market is always on their side.

• Your lot sizes will determine many aspects in trading such as how to layer, your profits and losses.

(Refer below for clearer details?)**

Important words to know! ❗️**

• MM = Money Management
• PO = Pending Order
• SNR = Support & Resistance
• SND = Supply & Demand
• TL = Trendline
• TP = Take Profit
• SL = Stop Loss
• BE = Break Even
• CL = Cut Loss
• Layer = Re-entry
• MC = Margin Call**

Timeframes (TF) ?**

There are 9 timeframes provided on every trading platforms :

M1 - 1 Minute
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 Hours
D1 - Daily
W1 - Weekly
MN - Monthly

The time frames above is the time for every one candlestick(CS) to shape or formed. You can check on each candlestick (CS) forming a pattern to analyse.**