WTA-1 Study Plan
An eight-phase learning path from market foundations to disciplined execution. Work through each phase in order, combining independent study with guided teaching.
No trap. No failure. No trade.
Your Learning Roadmap
- What forex is and why currencies move
- Major pairs: EURUSD and GBPUSD and why you'll only trade these two
- What a pip is and how price moves
- Session overview: when the market opens and closes globally
- Price does not move randomly -- it hunts liquidity
- Every move has a purpose: take stops, fill orders, continue
- Retail traders vs institutional behaviour
- Why "trend following" alone doesn't work at this level
- Open, high, low, close -- what each tells you
- Who was in control during the candle
- Rejection wicks and what they mean
- Strong closes vs weak closes
- H1: the bias. This is the story of the market
- M15: the structure. This is the chapter
- M5/M1: the entry. This is the sentence
- Never skip up the chain -- always top-down
- What qualifies as a swing high or low
- How to identify them on H1 and M15
- Why not every candle high is a swing high
- Higher highs and higher lows = bullish
- Lower highs and lower lows = bearish
- How structure changes over time
- What a BOS is and what it confirms
- External BOS vs internal BOS
- Why a BOS alone is not enough to trade
- What comes before and after a valid BOS
- What CHoCH is and how it differs from BOS
- Why CHoCH is the earliest structural signal
- M1 CHoCH as an entry trigger
- What to look for before acting on a CHoCH
- How to determine the current H1 bias
- What overrides the bias
- Only taking trades that align with H1 direction
- How DXY confirms or rejects the bias (intro only)
- Stop losses = liquidity pools for institutions
- Where retail traders put their stops and why that is predictable
- Price moves toward liquidity before moving with intent
- Equal highs and equal lows
- Prior session highs and lows (Asia, Frankfurt, London, NY)
- Trendline liquidity and why it gets swept
- Swing highs and swing lows as liquidity targets
- Buy-side sits above: retail stop losses on short positions
- Sell-side sits below: retail stop losses on long positions
- Which side is being targeted in the current move?
- What inducement is: a fake setup that triggers retail entries
- How to spot it: small liquidity sweep before the real move
- Who gets trapped and how that creates the expansion move
- No inducement = no trade
- Why the strongest moves sweep more than one level
- How to identify a first leg and a second leg sweep
- The more layers swept, the stronger the expected continuation
- DXY moves inverse to EURUSD and GBPUSD
- How to check DXY before any setup is considered
- If DXY doesn't confirm, the trade doesn't exist yet
- The origin of a move, not just a coloured zone
- Why price returns to where it left from
- HTF POI vs LTF POI: different roles, different sizes
- Minimum 60 pip range -- if smaller, it's not a valid HTF POI
- How to identify and mark them
- What you need to see inside the zone before it's tradeable
- 6-30 pip range -- this is your actual entry zone
- How the LTF POI sits inside or near the HTF POI
- Structure inside the zone: buildup, inducement, push-out
- What a fair value gap (FVG) is
- Why price returns to fill imbalances
- How to use them as confirmation inside a POI
- Has the zone produced a BOS or displacement previously?
- Is the POI in a premium or discount relative to the range?
- Is there visible structure inside the zone or is it just a drawn box?
- H1 bias is bullish, M15 pulls back into demand
- Liquidity swept below before continuation
- Displacement up, structure confirms, entry on pullback
- What it looks like at Frankfurt and London opens
- H1 bias is bearish, M15 pulls back into supply
- Liquidity swept above before continuation
- Displacement down, structure confirms, entry on pullback
- Bearish structure engineered to trap sellers
- Sell-side swept, strong displacement up
- CHoCH on M1 or M5 confirms the flip
- Why the trap has to come first
- Bullish structure engineered to trap buyers
- Buy-side swept, strong displacement down
- CHoCH on M1 or M5 confirms the flip
- Common at session opens when retail is loading longs
- No trap. No failure. No trade. This is non-negotiable
- The pipeline is a checklist -- all stages must pass
- Any failed stage = no trade, not a downgraded trade
- POI: is there a valid zone to watch on H1 or M15?
- TIME: is this a valid session? (Frankfurt, London, NY 1PM, NY 2nd Hour, NY PM)
- LIQ: what liquidity has been built and what is the target?
- INDUCEMENT: who has been trapped and how?
- DISPLACEMENT: was the move strong with imbalance left behind?
- FAILURE: did the opposing side fail to create a new high or low?
- BOS: has structure confirmed the intended direction?
- ENTRY (RIFC): pullback into BOS origin, M1 CHoCH or engulf, then execute
- Enter at the origin of the BOS, not just any level
- Stop above or below the rejection candle, not the whole zone
- Why precise stops protect you and define your risk
- A+: everything aligned, multi-layer trap, strong displacement, second leg confirmed
- A: setup is valid, single trap layer, good displacement
- B: setup passes the pipeline but missing one layer of conviction
- No trade: pipeline failed at any stage
- For A+ grade or second leg confirmed
- 50% off at 1:5, stop to breakeven
- Runner held to 1:10
- For A grade, no second leg confirmed
- Recover 1% risk at 1:3, 50% off at 1:5, stop to breakeven
- Runner held to 1:10
- Replay the day in full, don't skip to where the move happened
- Make every decision in real time as if you don't know the outcome
- Log everything: valid setups, rejected setups, and no trades equally
- A no trade is a decision, not an absence of one
- Logging no trades builds the data that improves your model
- Discipline is shown through what you didn't take, not just what you did
- After each session: did the pipeline pass or fail and at which stage?
- What would you do differently and why?
- Track session by session, not just trade by trade
- Consistency of process creates consistent results over time
- A missed trade is not a loss -- a forced trade is
- Patience is a skill that has to be trained the same way as reading charts