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Macro Levels Trading Strategy

By Michael Nurok
www.trendprofiteer.com
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www.trendprofiteer.com Macro Levels Trading Strategy

INTRODUCTION
Hi, I'm Michael Nurok and I want to congratulate you on downloading this report on
the strategy that I call, Macro Levels.

This system came about as a result of requiring a trading strategy to identify major and
significant levels of support and resistance. Throughout my trading years, I have
realized that you should always:

Buy above support levels and sell below resistance levels

The Macro Levels that I determine are based on major highs, lows and consolidation
areas of the monthly, weekly and daily time frames. Because they are based on solid
historical data, they act as strong support & resistance levels, otherwise known as
Investor Levels representing potential profitable entry levels. The investor levels can
be highly reactive and work well on their own or in combination with virtually any
trading system.

The strategy of entering trades at, or very near, these Macro Levels depends on how
price acts around these levels and in particular, where the bar closes.

The price-action gives us insights on whether they should be viewed as a Support Level
or Resistance Level and therefore, whether we should be looking at buying or selling
the symbol.

Like trading with the trend, you should always buy when support is below your entry
point and sell when resistance is above your entry point. Its this understanding of the
way the market operates, that motivated me to devise a system that would allow me
to enter trades with a high probability of success.

As well as providing entry points, Macro Levels also provides a trader with good target
levels that offer me a high probability of success, without closing the trade prematurely.

This system can generate great trade opportunities for you, but only if you stay
disciplined and stick to the rules.

Read the manual to the end and install the template and presets on your charts. The
system works best on the 1 hour and 4 hour time frames.

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www.trendprofiteer.com Macro Levels Trading Strategy

INVISIBLE FORCE FIELDS


Think of these support levels and resistance levels as Invisible Force Fields.

Invisible Forex Fields are the critical support levels, resistance levels and consolidation
levels in the market. Think of them as the lines in the sand that traders use to determine
whether a price is supported or is under pressure.

They are extremely powerful and traders trade against them at their peril. In fact, these
levels become physiological levels and in terms of the direction of price, become self-
fulfilling prophecies of which direction the price is most likely to go.

When price tests a key resistance level and it fails, then typically the price will fall. The
level may be tested again and if it fails again, the level denotes that price will struggle
to go higher and the sellers in the market (the bears) are in control.

Therefore, trying to buy contrary to these levels is likened to a child bouncing on their
bed and hitting their head on the ceiling no matter times its done, the probability is
that the ceiling will not break and all you end up with is a giant headache.

Moral of the story; never try to buy into a trade, close to key resistance levels.

The inverse is true for key support levels. Think of them as a concrete floor. No matter
what you do and how much you jump up and down, you cant break through.

The price may test this support level but if you notice that the price reacts significantly
or even violently to this level, then you know that this level is like an ambush waiting
to happen with buyers (the bulls) ready to stampede all over you.

Like the resistance level, the more this support level is tested with price failing to break
and hold below the level, the stronger the level of support.

Moral of the story; never try to sell into a trade, close to key support levels.

On the other hand, buying at support levels can benefit you greatly by getting into a
trade that rallies significantly simply by trading with the key level. And likewise, selling
at resistance levels can benefit you greatly by selling into a trade where price falls
dramatically.

Whichever way youre trading, the end result is the manifestation of high probability
trades that are typically much bigger than when you dont trade at these significant
levels.

So how do you identify these levels?

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www.trendprofiteer.com Macro Levels Trading Strategy

Well, its quite easy. Whatever time frame you are trading on, you can see highs and
lows displayed as pivots.

For a high, you can spot them by seeing bars rise up to a high and then drop down,
with the close on either side closing lower than close price of the bar that made the
high. With lows, the inverse is true; you will notice bars falling to a low after which the
price rises, with the close on either side of the low bar, closing higher than the close of
the low bar.

But to determine critical institutional levels that the big players adhere to, then do the
same on the 4 hour and daily charts. Additionally, take note of where price remained
in a tight range for an extended period and this will provide you with the area that has
previously been used as a consolidation zone which also can be used as either a key
support or resistance level.

Once you have done that, you can now trade your time frame and be aware of where
these invisible force fields exist.

The end result is that you will now have a huge edge on traders that are unaware of
these important levels and be able to trade accordingly to take advantage of buying
off support levels and sell off resistance levels.

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www.trendprofiteer.com Macro Levels Trading Strategy

TRADING WITH LEVELS

Whats better when entering trades?

Entering trades when; all the indicators of your strategy are confirming a potential
trade?

Or;

Entering trades when; (1) all the indicators of your strategy are confirming a potential
trade, and (2) the price is at a key support or resistance level that is in line with your
intended trade direction?

Whats better when setting targets?

Setting a blind target of a ratio amount based off the stop loss?

Or;

Setting targets based around key support or resistance levels.

By setting your targets just prior to the significant level, you improve the probability of
bigger targets being locked in.

If you didnt take these levels into consideration, you would be either taking your
profits too early or attempting to lock in profits too late. Both outcomes are not
desirable if you want to maximize your capital growth.

Therefore, when buying, make sure that your entry is above a Macro Level and you take
profits prior to (below) the next Macro Level. And conversely, when selling, make sure
that your entry is below a Macro Level and you take profits prior to (above) the next
Macro Level.

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www.trendprofiteer.com Macro Levels Trading Strategy

BUY RULES

1. Price must be in close proximity to a Macro Level and have closed above it

2. Enter the trade at the open of the new candle following the candle that provided
the setup signal

3. Place the Stop Loss a few pips below the Macro Level

4. Take Profit 1 is set halfway to the next Macro Level. Take Profit 2 is set to a few
pips below the next Macro Level. Take Profit 3 is set to a few pips below the 2nd
next Macro Level *

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www.trendprofiteer.com Macro Levels Trading Strategy

* Minimum risk-reward ratio should be 1:1, but preferably at least 1:2 or higher. If you
are trading for a higher risk-reward ratio, it is important to trail your trades with a stop
thats locking in profits at appropriate times.

BUY STEPS
1. Price must be in close proximity to a Macro Level and have closed above it

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www.trendprofiteer.com Macro Levels Trading Strategy

2. Enter the trade at the open of the new candle following the candle that
provided the setup signal

3. Place the Stop Loss a few pips below the Macro Level

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www.trendprofiteer.com Macro Levels Trading Strategy

4. Take Profit 1 is set halfway to the next Macro Level. Take Profit 2 is set to a few
pips below the next Macro Level. Take Profit 3 is set to a few pips below the 2nd
next Macro Level

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www.trendprofiteer.com Macro Levels Trading Strategy

SELL RULES

1. Price must be in close proximity to a Macro Level and have closed below it

2. Enter the trade at the open of the new candle following the candle that provided
the setup signal

3. Place the Stop Loss a few pips above the Macro Level

4. Take Profit 1 is set halfway to the next Macro Level. Take Profit 2 is set to a few
pips above the next Macro Level. Take Profit 3 is set to a few pips above the 2nd
next Macro Level *

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www.trendprofiteer.com Macro Levels Trading Strategy

* Minimum risk-reward ratio should be 1:1, but preferably at least 1:2 or higher. If you
are trading for a higher risk-reward ratio, it is important to trail your trades with a stop
thats locking in profits at appropriate times.

SELL STEPS
1. Price must be in close proximity to a Macro Level and have closed below it

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www.trendprofiteer.com Macro Levels Trading Strategy

2. Enter the trade at the open of the new candle following the candle that
provided the setup signal

3. Place the Stop Loss a few pips above the Macro Level

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www.trendprofiteer.com Macro Levels Trading Strategy

4. Take Profit 1 is set halfway to the next Macro Level. Take Profit 2 is set to a few
pips above the next Macro Level. Take Profit 3 is set to a few pips above the 2nd
next Macro Level

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www.trendprofiteer.com Macro Levels Trading Strategy

CONCLUSION

Congratulations on finishing this report on the Macro Levels.

You are now on your way to using Macro Levels for your trading and identifying
excellent entry points at support buy zones and resistance sell zones.

This system is designed to get you involved in trades that can experience significant
moves as the price moves from one Macro Level to another. Quite often, your trades
will generate a much bigger risk-reward ratio than you are probably used to however
you must accept that these trades can take days to fulfill these results. Remember to
lock-in profits just in case price reverses.

Naturally, watch out for reversals at the next Macro Levels and be aware of how price
reacts at these critical levels.

I sincerely enjoy feedback and helping traders succeed so please contact me with any
questions you have or just to tell me how youre going.

Remember, no one ever wins all the time, regardless of what system is being. However,
using Macro Levels will typically help traders regardless of what other system is used.
Naturally, you can use Macro Levels on its own.

Please give trading the time, energy and respect it deserves if you want to succeed as
a trader in the long term and I look forward to seeing you in the members area and on
social media as we continue to trade the markets.

As always, do your best to stick to the rules and be consistent with the trades you take.

Good trading & live well,

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