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Trading Roadmap

The document outlines a comprehensive trading roadmap that covers essential concepts from candlestick basics to price action mastery. It emphasizes the importance of understanding chart patterns, support and resistance, volume, and market structure to make informed trading decisions. The ultimate goal is to develop strong chart-reading skills and trade confidently with minimal tools.

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imranhossain200911
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23 views3 pages

Trading Roadmap

The document outlines a comprehensive trading roadmap that covers essential concepts from candlestick basics to price action mastery. It emphasizes the importance of understanding chart patterns, support and resistance, volume, and market structure to make informed trading decisions. The ultimate goal is to develop strong chart-reading skills and trade confidently with minimal tools.

Uploaded by

imranhossain200911
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
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Trading Roadmap: From Basics to Price Action Mastery

1. Candlestick Basics

Start here - it's your trader's language.

- Learn individual candle types (e.g. doji, hammer, engulfing)

- Understand bullish vs bearish candles

- Recognize basic candle psychology

Goal: Read what the market is 'saying' candle by candle.

2. Chart Patterns

Use multiple candles to form patterns with meaning.

- Classic patterns: head & shoulders, double tops/bottoms

- Continuation patterns: flags, wedges, triangles

Goal: Spot market behavior and potential reversals or continuations.

3. Support & Resistance

This is the backbone of price action.

- Identify key levels (swing highs/lows, zones)

- Learn how price reacts near S&R

Goal: Predict where price might stall, bounce, or break.

4. Volume

Check who's behind the move.

- Volume spikes = strong interest

- Confirm breakout strength

- Use with candles and patterns

Goal: Validate moves using volume activity.

5. Strength & Momentum

This helps you enter confidently.

- Learn indicators: RSI, MACD, Stochastic

- Understand divergence
Trading Roadmap: From Basics to Price Action Mastery

- Confirm the power of trends

Goal: Know when price has energy (momentum) or is weakening.

6. Putting It All Together

Now start combining everything.

- Candles + Patterns + Volume + S&R + Momentum

- Create simple trade setups with confirmations

- Journaling and backtesting strategies

Goal: Practice phase starts here.

7. Multi-Timeframe Analysis (MTFA)

Zoom in/out like a sniper.

- Identify higher TF trend (e.g. daily or H4)

- Execute on lower TF (e.g. M15 or M5)

- Align bias across timeframes

Goal: Trade in the direction of the dominant market trend.

8. Liquidity

Get into the smart money layer.

- Understand stop hunts, false breakouts, and liquidity pools

- Identify where retail traders get trapped

Goal: Avoid traps, trade with institutional logic.

9. Market Structure

Learn how the market moves in phases.

- Break of structure (BOS), higher highs/lows

- Change of character (ChoCH)

- Trend vs range

Goal: Anticipate shifts in trend and direction.


Trading Roadmap: From Basics to Price Action Mastery

10. Price Action Mastery

Develop pure chart-reading skills.

- No indicators - just price, candles, structure, liquidity

- Refine your entries and exits

- Journal like a pro

Goal: Trade confidently with minimal tools and maximum precision.

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