Candle Anatomy
Taught on Day 2- The body is open-to-close; the wicks are the high and low.
- Green closes above its open (buyers won); red closes below (sellers won).
- Long wicks show rejection — price tried and got pushed back.
The toolkit, at a glance
Reference cards
The whole method on quick cards. When you forget a piece — and you will — it's right here.
The 5, 8, 21 EMAs
Taught on Day 7- Three moving averages: fast (5), medium (8), slow (21).
- Stacked 5 > 8 > 21 and rising = uptrend; reversed and falling = downtrend.
- In a trend, price pulls back to the 8 or 21 and bounces.
Support & Resistance
Taught on Day 7- Support is a floor where buyers step in; resistance is a ceiling where sellers do.
- The more times a level holds, the more it matters.
- You enter at a level — never in the middle of nowhere.
Volume
Taught on Day 8- Volume is how many shares traded — the market's conviction.
- Healthy pullback: volume dries up, then picks back up as price turns your way.
- A move on rising volume is more trustworthy than one on thin volume.
Chart Patterns
Taught on Day 8- Levels are zones, not hairlines — and the more times one holds, the more it matters.
- Broken levels flip roles: old ceilings become new floors.
- Trend lines, wedges, triangles, and head & shoulders are the bigger shapes price draws.
The Entry Checklist
Taught on Day 9- Daily & 4-hour agree
- 5/8/21 EMAs stacked
- At a level that matters
- Volume confirms
- Hourly trigger
Stops & Targets
Taught on Day 10- Stop = setup breaks — The price that proves you wrong — just outside the support zone or EMA you entered on.
- Target = next level — The next resistance (or support for shorts) you marked. Your first profit goal.
- 2:1 or pass — If that target isn't at least twice your stop distance, the trade doesn't clear the bar.
- 1–2% risk sets your size; levels set when you leave.
Position Sizing
Taught on Day 10- Risk first: 1–2% of the account on any one trade.
- Shares = dollars at risk ÷ (entry − stop distance).
- Options: cap total premium at 10–15% of the account.