Forex Secrets: Part 1 - NJAT RIMC Trading Strategy
Welcome to the first part of our Forex Secrets series by Not Just A Trade (NJAT). In this comprehensive guide, we'll dive deep into the RIMC (Range, Initiation, Mitigation, Continuation) trading strategy, a cornerstone of the NJAT trading course. Whether you're new to forex trading or looking to refine your skills, this NJAT course content will help you master the fundamentals of successful trading.
NJAT Trading Course Video Tutorial
Understanding the Market Structure with RIMC Trading
In this lesson of the NJAT trading course, we explore the core principles of the RIMC strategy and how it relates to the broader market structure. Key points of NJAT trading include:
- The Power Hierarchy: Understanding where retail traders fit in the global financial system.
- Bank-Driven Markets: Recognizing that major banks control market movements in forex.
- Sideways Ranges: Identifying where banks create orders in the forex market.
- Fractal Highs and Lows: Learning how to read bank orders through price action in RIMC trading.
Key Concepts of NJAT RIMC Trading Strategy
Sideways Ranges in Forex
- Represent areas where banks create orders in the forex market
- Best locations are at the edges (sell high, buy low) in RIMC trading
- Middle of the range is the "slaughterhouse" to avoid in NJAT trading
Fractal Highs and Lows in RIMC Strategy
- Created by bank orders in the forex market
- Represent manipulation and liquidity grabs in RIMC trading
- Help in reading bank intentions in live price action, as taught in the NJAT course
Initiation Phase in NJAT Trading
- Follows sideways ranges in the forex market
- Represents aggressive buying or selling in RIMC trading
- Opportunity for significant profit using the NJAT trading strategy
Trading Psychology in the NJAT Course
Success in forex trading isn't just about strategy—it's also about mindset. Key psychological aspects taught in the NJAT trading course include:
- Consistent goal-setting and affirmations for forex traders
- Taking action towards your trading goals daily
- Showing gratitude through action in your RIMC trading journey
- Perseverance and discipline in your NJAT forex trading practice