"During my study here, I added 40% to my real account.
This not only made me more confident about trading
but also served as proof I made the right decision to study
the Range Break + Volumes System"
Usual feedback from a student
The Range Break + Volumes Department opened its doors as part of the Faculty of Flat Break; Automation; Auto-Trading and, accordingly, is based on the Range Break trading system with a crucial element being added to it - volume analysis.
The first group finished its course in August and, overall, demonstrated wonderful results and shared their opinions on study. But first let's look at a few course days and how students traded.
30 August
Morning plan for GBPUSD prepared together with students:
If the morning range zone is broken upwards, one can buy with a target at 1.6490 - the maximum previous week volume. Be focused on 1.6450 with this entry. At this level there was a surge in volumes yesterday which triggered an immediate move downwards. Clearly some were selling there. This is why I recommend moving your stoploss to breakeven at this price, especially given the 30 pips of move from the upper MRZ boundary to 1.6450.
I consider selling once we get stabilized below 1.6402, the maximum previous day volume. The target for selling is 1.6285 - a large surge in volumes at the contract period.
This is how the instructor closed the day.
These are the group's results:
Alexander's trades (+328 pips a day)
Eugene's trades
31 August
Morning plan for EURUSD prepared together with students:
Buying with a target at 1.4520 is possible after 1.4450 is broken. Be careful about 1.4480 - a large surge in volumes on the previous trading day. If you have an open buy, make sure you move your stoploss there.
A move down requires that the price gets stabilized below the previous week maximum volume at 1.4410 with the target at 1.4350, the maximum contract volume.
Trades of Alexander, a student from the group.
This trading system is easy to understand. Each day a trading plan is prepared for the day and must be followed during the day. If the situation does not follow the plan you have prepared, it's best not to trade on such a day. It is this approach that helps taking only those movements that you can fully understand and predict. Do not trade on days you don't understand or be prepared to a minimum loss.
Let's read what students themselves have to say about it
Влад-121: "I studied in the first group - August of 2011. The 1st week included theoretical material, the 2nd - practice. I have very good impressions of the Range Break + Volumes system. Volumes are an additional element of the Range Break + Volumes, a very simple and rather effective system which is strongly reflected in trading. This is what I express my gratitude to the Department's chair - Igor - and the Faculty's dean - Yuriy. Knowledge I got here will be used to create my own TS."
AlexUser: "I'd like to say a 'thank you' for the course. Our lessons passed so fast, almost at one breath. As they say, genius lies in simplicity. Indeed, the Range Break + Volumes system answers two most important trading questions (in my opinion): "Where do I put my stoploss?" and "Where do I exit from a trade?". Answers to these questions are hard to overestimate. There's always a clear plan in place for each trading day. After the study I get more confident in everyday trading and a clear plan of action. During my study here, I added 40% to my real account. This not only made me more confident about trading but also served as proof I made the right decision to study the Range Break + Volumes System. I am saying Igor and Yura a 'thank you' once again. Thanks."
nikolay189: "Since my problem is about a lack of free time and unlimited working hours I found it crucial for the system to allow making analysis in the morning and then simply have a casual look during the day at how things develop. This is why this system is suitable in such situations. Now there is clarity as to where to enter and put a stoploss Igor always answers all questions. Patiently and understandably. In general, I believe I am already clear about what area should be developed. It is best to work in this area because it is volumes that I feel comfortable working with. Stoplosses are small, take profits are usually 3-4 times that. Of course, I still make mistakes but my progress is obvious. Thank you again, Igor and Yura for such necessary and useful knowledge!”
Evgeniy Chaykov: "Thank you, Igor! An effective and simple system. Charts are more predictable now. I like a lot of things".
Egorr: "Would like to say a 'thank you' to Igor for instruction and, especially, for being so patient in explaining main features of his system.
Igor's system is indeed simple and performs well. I would like to point out that instruction is based on actual trades. Igor is from the few traders that not only teach their trading system but also show their REAL trades!! During the second week, a trading plan is prepared in the morning for the day. In the evening we debriefed how well we all did. Notably, there were only two or three 'losing' days in two trading weeks. But since stoplosses are small in the system (max. 30-35, usually 20), the next day of profits more than compensates for the loser because the usual risk to reward ratio is 1 to 3 (often even better). Thank you for your teaching, Igor!"
To study at the Break+Volumes Department, you first have to be a student of the Faculty and have basic training in the Flat Break system. Here you can read how to enroll with the Faculty.
Training will last two weeks, including a week of theoretical classes and a week of practice. During the practice period, analysis and plan for the trading day in the morning and debriefing of actual trades in the evening.
Best regards, Head of the Flat Break + Volumes Department, Igor Kazakov.