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Trading For Dummies by CHES Start free

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All yes: execute. One no: stand down.

Five questions in ten seconds before every click, and seven gates for practice and review. Keep it next to your chart.

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Before you click

The 10-second version

  1. Did liquidity get swept?
  2. Did price displace?
  3. Is there a clear inversion?
  4. Is there an unfilled gap?
  5. Am I in one of my two session windows?

Practice and review

The 7 gates

Session filter

New York session active (9:30-11:10 or 1:00-3:00 New York time), no high-impact news in the window, not lunch or dead hours.

Fail: no setup exists.

Liquidity

Previous day’s high or low swept, or a session high or low, or a clear, obvious swing, visible on 15 minutes or higher.

Fail: do nothing.

Displacement

A strong expansion candle after the sweep, intent away from it, structure clearly shifting (not chop).

Fail: fake sweep, skip.

Inversion

Note which of the 15m, 5m and 3m inversions are present and circle the highest. Entry uses the highest only.

Fail: invalid entry.

Gap

An unfilled gap on 15m, 5m or 3m (minimum), formed by the displacement leg.

Fail: no reason for price to rebalance.

Target clarity

TP1 is the first unfilled gap (1R). An external target exists: equal highs or lows, the previous day’s high or low, or a session extreme.

Fail: unclear risk to reward, skip.

Execution lock

Entry marked. Stop at the bottom of the body of the candle that created the inversion. Risk fixed. Partial at 1R and break even after TP1 planned.

Then: the trade is locked, no more thinking.

The model behind it

Lesson 1 is free

The sweep, displacement, inversion, gap and stop, taught step by step.

Results not guaranteed. Not financial advice. Trading futures and CFDs carries a high risk of loss and is not right for everyone; only trade money you can afford to lose. A prop firm evaluation is a product you buy: passing it is not guaranteed and a funded account can be lost. Nothing here is a promise of payouts or income.