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3 Month Forex Learning Routine

The document outlines a 3-month learning plan for mastering Forex day trading, specifically focusing on the EUR/USD pair using TradingView. It is divided into weekly segments that cover foundational concepts, pattern analysis, strategy practice, multi-timeframe analysis, trading psychology, and preparation for live trading. The plan emphasizes consistent journaling, risk management, and disciplined trading practices throughout the learning process.

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aayxng28
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2 views2 pages

3 Month Forex Learning Routine

The document outlines a 3-month learning plan for mastering Forex day trading, specifically focusing on the EUR/USD pair using TradingView. It is divided into weekly segments that cover foundational concepts, pattern analysis, strategy practice, multi-timeframe analysis, trading psychology, and preparation for live trading. The plan emphasizes consistent journaling, risk management, and disciplined trading practices throughout the learning process.

Uploaded by

aayxng28
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

3-MONTH FOREX LEARNING PLAN

Goal: Learn Forex day trading properly over 12 weeks (3 months)


Pair: EUR/USD
Platform: TradingView (demo)
Daily time: 2–3 hours minimum

WEEKS 1–2: FOUNDATION


Focus: Understand Forex basics and market structure

Sunday:
- Forex overview, currency pairs, pips, spread
- Trading sessions (London/New York)
- Watch EUR/USD price movement
- Open TradingView, set 15m & 5m charts

Monday:
- Candlestick basics: bullish, bearish, wick, body
- Timeframes meaning
- Patterns: bullish/bearish engulfing, pin bar

Tuesday:
- Support & resistance zones
- Draw zones on EUR/USD
- Practice spotting reactions

Wednesday:
- Trend basics: uptrend, downtrend, ranging
- Higher highs, lower lows
- Draw trendlines, mark structure

Thursday:
- Risk management: stop loss, take profit, risk/reward
- Max 1% per trade, 1–2 trades/day
- Practice SL/TP placement

Friday:
- Simple strategy: Trend + S/R + candlestick
- Entry rules: trend confirmed, price at S/R, engulfing candle
- Fake trades on chart, write reasoning

Saturday:
- Demo trading: 1–2 trades
- Journal: entry, SL, TP, result
- Review mistakes, emotions, improvements

WEEKS 3–4: PATTERNS & ANALYSIS


Focus: Master candlestick patterns and S/R reactions
- Sunday: Candlestick deeper: Doji, hammer, shooting star
- Monday: Trendline confirmation + multiple timeframes (1h, 15m)
- Tuesday: Support/resistance reactions + supply/demand
- Wednesday: Trend continuation vs reversal
- Thursday: Risk management applied to fake trades
- Friday: Strategy practice: identify potential trades, mark on chart
- Saturday: Demo trades: journal + review
WEEKS 5–6: STRATEGY PRACTICE
Focus: Apply strategy consistently on demo
- Each day: Analyze trend & S/R, mark entries, journal results
- Goal: 2–3 high-quality trades/day on demo

WEEKS 7–8: MULTI-TIMEFRAME ANALYSIS


Focus: Understand big picture + short-term execution
- Learn higher timeframes: 1h, 4h
- Combine with 15m, 5m for entry
- Journal trends, S/R, and entries
- Practice risk/reward consistently

WEEKS 9–10: PSYCHOLOGY & DISCIPLINE


Focus: Emotional control, patience, no overtrading
- Study trading psychology
- Demo only: trade max 1–2 trades/day
- Practice waiting for perfect setups
- Review journal, note emotional triggers

WEEKS 11–12: DEMO CONSISTENCY & READY TO GO LIVE


Focus: Become consistent, final preparation for real money
- Demo trades only
- Apply full strategy: Trend + S/R + candlestick + multi-timeframe
- Maintain journal meticulously
- Ensure 70–80% success on demo
- Prepare small initial capital (<$50) for real trading

GENERAL RULES FOR ALL 3 MONTHS


- Journal every trade, even fake trades
- Risk management always applied
- Maximum 2–3 trades/day
- No Telegram signals, no guessing, no news trading

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