Fx Automation Playbook

Objective:

To create a repeatable, data-driven trading process using ElevatedFX tools and automation. Focus on key levels, HFT order flow, premium/discount zones, kill zones, and risk management, removing emotion from decision-making while optimizing results through data tracking.

1. The Foundation: Understanding the Key Workflow

1. Key Components of the System:

   • Key Levels: Automated plotting of previous day/week/month highs and lows.
   • Premium/Discount Zones: Automated ranges to identify optimal trade zones (premium = sell, discount = buy).
   • Kill Zones: Automated time blocks for volatility (e.g., London Open, New York Open).
   • HFT Order Flow: Monitor liquidity sweeps and rejections at key levels for trade confirmations.
   • Risk Management: Automated tools to handle position sizing, stop-loss placement, and trailing stops.

2. Primary Goal:

   • Trade with precision at the right time and price level.
   • Focus on process over outcome: consistency in execution is key.

2. Preparing to Trade: Pre-Market Checklist

1. Confirm the DXY Bias:

   • Check Discord for the current DXY bias (Bullish, Bearish, Neutral).
     • Bullish: USD expected to strengthen → Buy USD pairs (e.g., USD/JPY), sell non-USD base pairs (e.g., EUR/USD).
     • Bearish: USD expected to weaken → Sell USD pairs (e.g., USD/JPY), buy non-USD base pairs (e.g., EUR/USD).
     • Neutral: Both directions are valid → Trade at key levels with additional confirmation.

2. Set the Context:

   • Identify key levels for the day:
     • Previous Day High/Low.
     • Previous Week High/Low.
     • Previous Month High/Low.
   • Observe the current price in relation to these levels (premium/discount zones).

3. Kill Zones for Volatility:

   • Focus trading during kill zones:
     • London Open (2–5 AM EST).
     • New York Open (8–11 AM EST).
     • Asia Close (6–8 PM EST) for potential reversals.

4. Check HFT Order Flow:

   • Look for liquidity sweeps at key levels:
     • Bullish: Price sweeps liquidity below key lows, rejects, and shows upward momentum.
     • Bearish: Price sweeps liquidity above key highs, rejects, and shows downward momentum.

3. The Execution Process

Step 1: Align with Key Levels and Bias

• Identify the Setup:

  • Is price in a premium or discount zone?
  • Are you trading with the DXY bias?

• Premium Zones: Look for short setups (sell opportunities).

• Discount Zones: Look for long setups (buy opportunities).

Step 2: Wait for Kill Zone Confirmation

• Only execute trades during active kill zones.
• Watch for price behavior at key levels:
  • Rejection of highs = bearish sentiment.
  • Rejection of lows = bullish sentiment.
  • Monitor price sweeps to confirm liquidity traps.

Step 3: Execute with Confidence

1. Place Orders Based on HFT Order Flow:
   • Short when price sweeps a key high and rejects.
   • Long when price sweeps a key low and rejects.
2. Automated Position Sizing:
   • Use the system’s risk management tools to calculate appropriate lot sizes.
   • Risk no more than 1–2% of account equity per trade.
3. Set Stop-Loss and Take Profit:
   • Place stop-loss:
     • Above the high for shorts.
     • Below the low for longs.
   • Use trailing stops to lock in profits as price moves in your favor.

4. Post-Trade Analysis and Optimization

1. Track Results in Discord:

   • Review daily performance reports posted automatically.
   • Monitor key metrics: win rate, drawdowns, average R:R ratio.

2. Journal Every Trade:

   • Record:
     • Entry and Exit Levels.
     • Time of Trade (Kill Zone).
     • DXY Bias and Market Context.
   • Note emotional decisions or deviations from the plan.

3. Evaluate Risk Management:

   • Did your stop-loss placement minimize losses?
   • Were profits maximized through trailing stops or partial profit-taking?

4. Adjust Based on Data:

   • Use tracked data to refine your trading approach:
     • Are you consistently trading in the correct zone?
     • Are you respecting DXY bias and kill zones?

5. ElevatedFX Automation: Your Edge in the Market

1. Automated Key Levels:

   • Highs and lows plotted dynamically across multiple timeframes.

2. Premium/Discount Zones:

   • Automatically calculated and plotted to simplify trade decision-making.

3. Kill Zone Alerts:

   • Notifications for optimal trading windows directly in Discord.

4. HFT Order Flow Analysis:

   • Automated detection of liquidity sweeps and rejections.

5. Risk Management:

   • Position sizing, stop-loss, and trailing stop automation remove manual errors.

6. Rules to Follow Religiously

1. Trust the Automation:

   • Follow the system’s levels and alerts. Avoid overthinking.

2. Respect the DXY Bias:

   • Align every trade with the current bias for consistency.

3. Stay Disciplined:

   • Trade only during kill zones.
   • Don’t chase trades outside key levels or zones.

4. Focus on the Process:

   • Remove emotion by trusting the workflow.
   • Let the data guide optimization, not your gut.

5. Always Journal and Reflect:

   • Track every trade to identify strengths and weaknesses.
   • Use insights to make continuous improvements.
     
     

By following this workflow, you can confidently execute trades with precision, eliminate emotional mistakes, and leverage automation to its fullest potential. All you need to do is take the jump shots—let the tools do the rest.

Let me know if this works for you, or if you’d like me to refine it further!

Integrating Tools

Dashboard Overview:

• DXY Bias: Displays the current bias and aligns automations accordingly.
• Key Metrics: Tracks total setups, P&L, win rate, and portfolio value.

Automation:

• Turn on automations in alignment with the DXY bias for hands-free trading.
• Ensure settings are updated to respect premium/discount zones and liquidity targets.

FX Book Integration:

• Connect My FX Book to track performance metrics and refine strategies.

Trade Review and Documentation

Journaling Best Practices:

• Document every trade with:
  • Entry and exit levels.
  • DXY bias at the time of the trade.
  • Notes on key levels and CRT zones.

Suggested Platforms:

• Use a dedicated journaling tool like Edgewonk or Tradervue.
• Integrate with your Elevated FX dashboard for seamless tracking.

Common Pitfalls and Pro Tips

Pitfalls:

1. Overcomplication: Stick to one timeframe and one bias.
2. Ignoring DXY Bias: Always align trades with the bias.
3. Chasing Patterns: Focus on CRT zones and key levels, not arbitrary patterns.

Pro Tips:

• Treat each CRT High and Low as a liquidity zone.
• Use “Every Exit is an Entry” as a mantra to stay engaged with the market.
• Leverage the dashboard to simplify decision-making and reduce analysis paralysis.

Action Plan

30-Day Mastery Roadmap:

1. Week 1:
   • Familiarize yourself with the CRT levels and DXY bias.
   • Mark weekly key levels on charts.
2. Week 2:
   • Execute at least 5 trades aligned with the DXY bias and journal results.
   • Review trades daily to refine execution.
3. Week 3:
   • Introduce automations for setups that meet your criteria.
   • Track win rates and refine based on performance.
4. Week 4:
   • Scale up position sizes while maintaining discipline.
   • Contribute insights to the Elevated FX community.

Visual Examples

(Include annotated images from the provided charts to highlight key concepts, such as trading from CRT lows to highs, liquidity sweeps, and alignment with DXY bias.)

By following this playbook, you’ll simplify your trading process, leverage the power of automations, and align with market dynamics to achieve consistent results. Let’s elevate our trading together!

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Here’s how you can maximize the systems potential:

Commit to Mastery: By fully engaging with our educational resources, you’ll develop a robust skill set that goes beyond just using software⁠.

Attend Live Sessions: Join our software Q&A calls every Monday and Friday at 11am Eastern. These sessions are invaluable for gaining deeper insights and getting your questions answered in real-time.

Engage with the Community: Immerse yourself in the ElevatedFX ecosystem. The more you engage, the more you’ll internalize the principles of hybrid trading⁠.
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Remember, the software stuff is just the cherry on top. The real transformation comes from developing your trading skills and mindset through our comprehensive approach⁠.

By committing to this process, you’re not just learning to use a tool – you’re embarking on a journey to become a more confident, disciplined, and successful trader. This is your path to true transformation in the forex market.

Stick to the plan, trust the process, and watch your trading performance improve!