Free trading course
Learn to trade from levels
A step-by-step guide from how a market works to your first planned trade, in 18 modules, plus candlestick patterns read at levels and real chart cases. Written by a trader, in plain English.
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Core course
01FoundationsWhat a market is, who trades in it, which instruments exist, and how to read a chart.02The four pillars of a tradeEvery trade stands on four pillars: the level, the energy, the direction and the point of entry.03LevelsPillar one. What a level is, how to draw it exactly, the eleven types, and what makes a level stronger or weaker.04EnergyPillar two. Whether the market has the power to reach a level and go through it: range, accumulation, impulse, volume and time.05DirectionPillar three. Which way the market is leaning: trends, pullbacks and the bigger picture.06BreakoutsWhen price goes through a level: what a real breakout looks like, and the prerequisites that come before it.07False breakoutsWhen a breakout fails: why it happens, how to spot it, and how to trade it.08BouncesWhen a level holds: the prerequisites for a bounce, and how to trade one.09The point of entryPillar four. Exactly where and how to get into the trade.10Risk managementSizing, stops, targets and loss limits: staying in the game.11PreparationThe routine before the session: screening, watchlist, plan and journal.12ExecutionGetting in and out: orders, fills and managing an open trade.13Market contextNews, weekends, open interest and reading the market as a whole.14PsychologyThe habits that cost more than any bad setup.15Statistics and testingIs your method working? Expectancy, samples and honest tests.16PracticeDrills that combine everything: from homework to a final test.17Trading tips from experienceShort, practical lessons learned the hard way. This module keeps growing.18Other approachesPopular ideas from other schools, and how a level trader reads the same chart.Candlesticks at levels
19Candlesticks: the basicsWhere candle patterns come from, and what they can and cannot tell you.20Reversal patterns at a levelThe classic turning signals, read where they matter: at a level.21Continuation patternsSignals that the move is not over yet.22The dojiThe indecision candle, and why it matters most at a level.23Candles and levels togetherWhere the book meets level theory.24Candles and indicatorsThe book's indicator chapters, tested the level trader's way: does the indicator add anything a level does not?Research
25Candle patterns at levels: the researchTesting whether candle patterns at levels mean anything. Findings published as the data comes in.Full curriculum
Core course
01Foundations
- 1What is a market? Buyers, sellers and a price
- 2What is a stock exchange, and how does it work?
- 3Which markets exist? Stocks, crypto, forex, commodities
- 4Classes of instruments: stocks, futures, options, commodities, crypto
- 5Spot vs futures: what's the difference?
- 6What is a perpetual futures contract?
- 7Types of trading: scalping, day trading, swing and position
- 8Day trader, swing trader or long-term investor: which are you?
- 9Long and short positions: what do they mean?
- 10How to profit when price falls: short selling explained
- 11The four market players: long buyer, long seller, short seller, short buyer
- 12What each player does to price, and why it matters at a level
- 13Bid and ask explained: where every trade happens
- 14What is a spread? The cost you pay on every trade
- 15The order book: how a price is made
- 16Types of orders: market, limit, stop and stop-limit
- 17What is slippage, and how do you avoid it?
- 18What is liquidity? Why some markets move smoothly
- 19Maker vs taker fees: what trading really costs
- 20What is leverage? (And why it isn't the risk)
- 21Isolated vs cross margin: which is safer?
- 22What is liquidation, and how do you never get liquidated?
- 23What is the funding rate, and who pays it?
- 24Price charts explained: line, bar and candlestick
- 25What is a candle? How to read a candlestick
- 26Bars vs candles: same data, different picture
- 27What does a long wick mean?
- 28Timeframes explained: which ones are actually useful?
- 29Linear or log chart: which should you use?
- 30Where to find a good price chart, and which data to trust
- 31The most common mistakes new traders make
- 32Practice: read your first order book
02The four pillars of a trade
- 1The four pillars of a trade: level, energy, direction, entry
- 2Pillar one, the level: where the trade happens
- 3Pillar two, energy: can price get there, and beyond?
- 4Pillar three, direction: which way is the market leaning?
- 5Pillar four, the point of entry: exactly where to get in
- 6Example: one trade checked against all four pillars
03Levels
- 1What is a level? Support and resistance, done properly
- 2Support and resistance zones vs levels: why an exact price wins
- 3How to draw a level, step by step
- 4Why levels come from the daily chart
- 5The candle that forms a level: how to find it
- 6No level is strong on its own: why the situation decides
- 7Level type 1: trend-change levels
- 8Level type 2: false-breakout levels
- 9Level type 3: mirrored levels, when support becomes resistance
- 10Level type 4: limit-player levels
- 11Level type 5: historical levels
- 12Level type 6: IPO and listing levels
- 13Level type 7: gap levels
- 14Level type 8: abnormal-candle levels
- 15Level type 9: consolidation levels
- 16Level type 10: retracement levels
- 17Level type 11: first-hour levels
- 18Long tails: why the longest wick makes the strongest level
- 19Shallow false breakouts make a level stronger
- 20Touches to the cent: why precision matters
- 21Where a big move stopped: the level behind it
- 22Consolidation at the level: price resting on the line
- 23Additional touches: when repeats confirm a level
- 24Near misses: candles that almost touch the level
- 25Round numbers: why $100,000 is a level
- 26Deep false breakouts weaken a level
- 27Sawed-through levels: when a level is used up
- 28How a broken level gets reconfirmed
- 29What makes a level strong? The full checklist
- 30Ten mistakes traders make when drawing levels
- 31Where to find today's levels for any coin
- 32Practice: draw the levels on bitcoin's daily chart
04Energy
- 1What is energy in the market?
- 2Average true range explained simply
- 3Out of fuel: how far can price still go today?
- 4Accumulation or distribution: is the market loading or unloading?
- 5Stored energy: the quiet build-up before a move
- 6Impulse energy: momentum, and why it runs out
- 7Volume energy: is real money behind the move?
- 8Time energy: the best hours to trade crypto
- 9Liquidation energy: why forced exits fuel big moves
- 10Speed of approach: fast or slow into a level
- 11V-shaped moves: why a fast move into a level fails
- 12Calm days and wild days: reading volatility
05Direction
- 1What is a trend? Higher highs and lower lows
- 2How to spot a trend in ten seconds
- 3Global vs local trend: which one wins?
- 4Impulse and pullback: why price moves in waves
- 5Is the market trending or chopping?
- 6Bull market or bear market? How to tell
- 7Does Bitcoin move the whole market?
- 8When the trend turns: reading a reversal at a level
- 9Practice: mark the trend on five real charts
06Breakouts
- 1The three things price can do at a level
- 2What is a breakout?
- 3Breakout prerequisite 1: small candles on the approach
- 4Breakout prerequisite 2: closes right at the level
- 5Breakout prerequisite 3: the squeeze
- 6Breakout prerequisite 4: accumulation right under the level
- 7Breakout prerequisite 5: volatility shrinking before the break
- 8Breakout prerequisite 6: range left in the day
- 9Breakout prerequisite 7: repeated touches in a short time
- 10Breakout prerequisite 8: no pullback from the level
- 11Breakout prerequisite 9: the trend behind the break
- 12Breakout prerequisite 10: empty space beyond the level
- 13Breakout prerequisite 11: volume building at the level
- 14Breakout prerequisite 12: a big move with only a small pullback
- 15The breakout checklist: five signs a break is real
- 16Two breakout patterns that actually repeat
- 17How to trade a breakout, step by step
- 18Retests: why the second touch tells the truth
- 19Example: one breakout from plan to exit
- 20Practice: breakout or not? Ten charts
07False breakouts
- 1False breakouts: how to spot a fakeout
- 2Why false breakouts happen: the trap, step by step
- 3One-candle and two-candle false breakouts
- 4How to trade a false breakout
- 5Where do stop losses cluster?
- 6Example: a false breakout traded start to finish
- 7Practice: spot the fakeout, ten charts
08Bounces
- 1What is a bounce from a level?
- 2Bounce prerequisite 1: a level a big player holds
- 3Bounce prerequisite 2: the day's range already spent
- 4Bounce prerequisite 3: a fast approach on big candles
- 5Bounce prerequisite 4: no accumulation at the level
- 6Bounce prerequisite 5: the first touch after a long time
- 7Bounce prerequisite 6: a tired local move against the bigger trend
- 8Bounce prerequisite 7: a round number at the level
- 9Bounce prerequisite 8: long tails rejecting the level
- 10Bounce prerequisite 9: volume fading into the level
- 11Bounce prerequisite 10: a big move already behind it
- 12How to trade a bounce off a level
- 13Example: a bounce from plan to exit
- 14Practice: bounce or break? Ten charts
09The point of entry
- 1Where exactly to enter at a level
- 2Breakout or bounce? How to decide before price arrives
- 3Limit or market order at a level?
- 4The buffer: how far from the level to place your order
- 5Entering on a lower timeframe without losing the daily picture
- 6When not to trade a level
10Risk management
- 1How much should you risk per trade? The risk formula
- 2Where to put your stop loss
- 3Why a short stop works behind a strong level
- 4Position size from volatility: the calculation explained
- 5How much leverage should you use?
- 6Risk-reward ratio explained: why aim for three to one
- 7Where to take profit: targets at the next level
- 8Take profit first: close half, let the rest run
- 9Moving the stop to breakeven: when it helps and when it hurts
- 10Daily, weekly and monthly loss limits
- 11Why you should never average down
- 12How long can a losing streak last?
- 13What a losing streak does to your account
- 14When three trades are really one
- 15Example: sizing a real trade step by step
- 16Practice: calculate size, stop and target
11Preparation
- 1A trader's morning routine in fifteen minutes
- 2How to scan a hundred coins for setups
- 3How to choose which coins to trade
- 4How to build a watchlist
- 5How to write a trading plan (with a template)
- 6If-then scenarios: plan every outcome in advance
- 7What to check before every trade: a checklist
- 8How to keep a trading journal
- 9Where to find free market data
- 10The weekend review: learning from last week's trades
- 11Practice: build tomorrow's plan
12Execution
- 1Stop-limit vs stop-market orders
- 2What your orders really cost
- 3The trades your limit orders miss
- 4How to place a futures trade on Binance, step by step
- 5How to place a futures trade on Bybit, step by step
- 6How to manage an open trade
- 7Scaling in and out: partial entries and exits
- 8Exiting early: good judgement or fear?
- 9One coin, two exchanges: price spreads explained
- 10Example: a trade from plan to exit
- 11Practice: execution drills on a demo account
13Market context
- 1What is the market doing right now? A five-minute check
- 2What is the market doing this week? A reading template
- 3Why crypto behaves differently at the weekend
- 4How news moves prices, and why levels still work
- 5Which news moves crypto? Using an economic calendar
- 6Open interest explained
- 7Example: reading the market before a big move
14Psychology
- 1Why we cut winners early and hold losers too long
- 2Fear of missing out: how to stop chasing
- 3Revenge trading: how to break the cycle
- 4Overtrading: the signs and the fix
- 5How to get through a losing streak
- 6Why you hesitate at good setups
- 7Discipline: how to follow your own rules
- 8Process over outcome: judging a trade correctly
- 9How to stop watching charts all day
- 10Should you trade full time?
15Statistics and testing
- 1Win rate explained: why 40% can be profitable
- 2Expectancy: is your strategy actually profitable?
- 3How to count your results in R
- 4Drawdown: what it is and how deep is normal
- 5How many trades before you can trust your results?
- 6How far do your trades go against you?
- 7Why backtests lie, and how to make them honest
- 8How to test a level strategy without writing code
- 9Is trading gambling? What separates the two
- 10Practice: analyse your last twenty trades
16Practice
- 1Homework: find tomorrow's level
- 2Four pillars drill: score five setups
- 3Plan a trade, then compare it with what happened
- 4Read the market: three charts, three stories
- 5Quiz: twenty questions on the foundations
- 6Final test: plan five trades from scratch
17Trading tips from experience
- 1One bullet per idea: why you should enter only once
- 2Stop trading after a big win, too
- 3If you can't say where a level came from, don't trade it
- 4Missing a move costs nothing; chasing one costs money
- 5Close the charts when you hit your loss limit
18Other approaches
- 1What are order blocks? A level trader's view
- 2Fair value gaps and imbalances: what they really are
Candlesticks at levels
19Candlesticks: the basics
- 1Japanese candlesticks: where they come from
- 2Candle patterns without a level mean little: here's why
- 3Bullish and bearish candles: how to tell them apart
20Reversal patterns at a level
- 1Hammer and hanging man at a level
- 2Bullish and bearish engulfing at a level
- 3Dark-cloud cover and piercing pattern
- 4Morning star and evening star at a level
- 5Shooting star and inverted hammer at a level
- 6Harami and harami cross: the pause before a turn
- 7Tweezer tops and bottoms: two touches, one price
- 8Belt-hold and counterattack lines
- 9Three black crows and two crows
- 10Triple tops and bottoms: three mountains, three rivers
- 11Rounded and tower tops and bottoms
21Continuation patterns
- 1Windows (gaps): why price comes back to them
- 2Tasuki gaps and gapping plays
- 3Rising and falling three methods
- 4Three white soldiers: strength or exhaustion?
- 5Separating lines and side-by-side white lines
22The doji
- 1What is a doji, and what does it mean at a level?
- 2Doji after a long candle: trend tired?
- 3Long-legged and gravestone doji
- 4Tri-star: the rarest reversal
23Candles and levels together
- 1Candles at support and resistance: the combination that matters
- 2Springs and upthrusts: the candle side of a false breakout
- 3Change of polarity: candles at a mirrored level
- 4Candles at a pullback level
- 5Candles and volume: which signals have money behind them?
- 6Stacking signals: when several candle patterns agree
- 7Practice: name the pattern, then find the level
24Candles and indicators
- 1Candles and moving averages: help or noise?
- 2Candles and RSI at a level
- 3Candles and the stochastic oscillator
- 4Candles and open interest in futures
- 5Candles and Elliott waves: a sceptic's look
- 6Candles and market profile
- 7Lessons from a lifetime of candle charts: what the book gets right
Research
25Candle patterns at levels: the research
- 1Do candle patterns at levels mean anything? The question and the method
- 2Hammers at daily levels: what the data shows
- 3Engulfing patterns at levels: what the data shows
- 4Dojis at levels: signal or noise?
- 5Stars at levels: morning, evening and shooting stars tested
- 6The same pattern away from a level: does it still work?
- 7Which candle patterns survive fees and slippage?
- 8What we built into chartthread, and what we left out