Jumia Books Forex ICT And MMM Notes - Inner Circle Trader, Market Makers Method

The book is a comprehensive guide to trading in the forex market, covering various concepts and strategies. It begins with a risk disclaimer and introduces the concept of swing points (fractals) as the foundation for price analysis. It delves into market structure, emphasizing the importance of understanding market flow, support and resistance levels, and the use of Commitment of Traders (COT) data and charts.

The book explores insider tactics used by commercial traders and highlights the significance of seasonal tendencies and smart money correlation. It introduces SMT (Smart Money Tool) divergence in USDX, correlated pairs, bullish and bearish scenarios. Major market swings, reaction levels, order blocks, liquidity pools, fair value gaps, and liquidity injections are discussed as part of understanding market dynamics.

The author explains the three major market cycles: accumulation, profit release, and distribution phases. Key time frames for trading are examined, from monthly to M5 charts, along with their respective characteristics. Price theory, kill zones, market profiles, and intraday trading techniques are also covered.

The book provides a detailed ICT (Inner Circle Trader) buy and sell model, which includes various market scenarios such as consolidation, Smart Money reversal, accumulation, re-accumulation, and distribution. It emphasizes the importance of using higher time frame charts for analysis and trade execution.

Additionally, the book offers insights into the trading plan routine and strategies for trading intermediate term, short term, and intraday. Scalping methods, session trading (Asian, London, and New York), and intraday price templates are provided as practical examples.

The author also discusses trading the news, key economic releases, trading inside the range, and high probability price patterns such as doji, hammer, rail road tracks, triangles, flags, Wolfe waves, and more.

The book concludes with guidance on developing a trading plan, capturing explosive forex profits, weekly highs and lows, and the seven keys to successful forex trading, including concepts like trading like a sniper, focusing on higher time frames, and managing fear and greed.

Overall, the book offers a comprehensive approach to forex trading, covering technical analysis, market structure, risk management, and trade execution strategies, with the aim of helping traders improve their profitability and success in the forex market.