Trend Change Indicators: Professional Inter Bank Trading Systems

Trend Change Indicators 
Commercial Bank Traders Insider Secrets Revealed
Tom “Strignano" Alongi- November 30, 2018 $275.00 
TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 1

About The Author
Tom Strignano began his International Banking career as an

Internee at CNCA In NY In 1985. Tom has been trading
professionally for over 30 years. Positions in his trading career
forced him into learning and perfecting highly profitable
systems that were focused on low-risk and high-reward.
He is knowledgeable in systems developed by past masters

such as GANN, Larry Williams, Douglas Taylor,Allen Andrews
etc. To be in the market at all times, he built short-term systems
based off the long- term weekly trend, drilling down to the
daily charts, then looking for price action in the 1 hour to get in
at certain key levels, either long or short positions. His
professional working career is summarized as following;
BNA - NY
- Chief Dealer~ Market Maker
> Also traded Agri Futures, Corn, Wheat, Hogs, Cattle, FCOJ >
Interest Rate Swap
CRT - NY(Came Back As Chief Dealer)
- Chief Dealer~Market Maker
> In charge of global short term F/X positions Ran the trade desk with
30 traders under me. 
> Interest Rate swaps and Bond Futures

DG Bank - NY
- Senior Trader~Market Maker all crosses
> Traded all Cross CCY and made markets for all forward Cross
Currencies.
Cassa Risparmio Di Torino~ CRT Bank
- Senior Dealer~Market Maker
> DEM/ITL, Dol/DEM, Dol/JPY, GBP/DEM, Dol/CHF & DEM/

CHF
- Head Position Clerk (working directly for Treasurer, Aldo

Pizzoferrato)
Deutsche Bank - NY 

- Jr.Trader Minor Currencies 
- Position Clerk (front office) 
- Position Clerk (back office) 
- Telephone Confirm Clerk (back office)

Welcome Aboard!
I want to thank you for executing our first trade
together. You traded your email address for
information. Unlike the market which is a zero-sum
game (where there can only be one winner and a loser) I
intend on making this trade a HUGE win for you. As
we get to know one and another, I hope to give you
insights, a peek behind the curtain so to speak, of how
large trading institutions look at markets. So that you
will be able to join in on their buying and selling
campaigns with the lowest possible risk.
When I was Chief Dealer at CRT Bank in NY I had 3

major rules for trading on my desk they were:
• Don’t Lose your money (meaning don’t exceed your

global loss limits.) CUT YOUR LOSSES SHORT!
Sound Familiar ?
• Don’t turn a winning trade into a losing trade.
(meaning if you are in the money place your stop so
you don’t lose!)
• Hold onto winning trades, don’t talk yourself out of

the trade with fear of a pull back or rally that has not

happened. Wait till your systems tell you the move is
over. In Other Words… LET YOUR PROFITS RUN.
I present you with these rules to you before I reveal

some of the behind the scenes patterns to look for the
next move of significance. Reasoning: Because NO
technique is ever 100% correct. You and I must always
preserve capital. We want to date these patterns and
NOT marry them.
In order to trade successfully, most traders look to find

or develop trend following systems. These systems
push our human emotional buttons. People always
want to follow the crowd. If a market is moving up,
they are naturally inclined to want to buy. Most traders
want to Buy Strength and Sell Weakness, because the
market was moving in those directions.  

Even if you have been trading only a short time you
have probably heard the trading Axiom “ The Trend Is
Your Friend” I always added to that statement by
inserting “Unless It Ends.” I had been Caught many
times selling into a bottom or buying a top, only to get
quickly stopped out. Hence my sayings “ Long and
wrong.” or Short and caught!”
The conclusion of a trend is the most frustrating time as

a trader, because we are fighting yesterdays battle. We
keep selling when the market keeps rising, after a down
trend has expired and vice versa for an Uptrend
exhaustion. Trend following techniques by design have
traders enter a long at price tops, and sell lows as
bottoms have formed. An example would be the Turtle
Trading system designed by Richard Dennis. I will not
go into details about the system but you can find plenty
on good old Google about it. Here is the skinny of it.
The system bought a market once it breached a 20 day
high. It sold when the market broke a 20 day low.  

His trading system was very successful in the
commodities market fueled by inflation in the late
1970’s early 1980’s. His success rate even with inflation
helping was 30%. That means 70% of the time the
Turtles lost, yet overall they made hundreds of millions
of dollars because they kept their winners and cut their
losers short.
I had studied his system back in the late 1980’s. I had

come to the conclusion ( not just from his system but
from 20 other trend following systems) I wanted to
trade at the beginning of a trend inception ( or as close
as I can get to the inception of a trend ). Hence, I started
what I called project Genesis. The search for beginning
of a Trend. These patterns are the ones that I first came
up with to help find the Genesis of a Trend. My goal
was to get long near a bottom or retracement , or get
short near a top or retracement rally. I wanted to place
a trade where most trend followers lost 70% of the time.
So in the next few pages I will give you some

techniques to help you become the most profitable type
of trader, a contrarian trader. One who looks for the
next move of significance.

A trader that sells strength at the correct time, and can
project where the target to buy weakness should occur
or vice versa always trades with the line of least
resistance.
You will learn the way the big dogs look at the market.
THIS IS THE METHOD OF BANK TRADERS AND
HEDGE FUNDS. Altho, they don’t want you to know
that. They want you to keep looking at Buying Tops
and Selling bottoms right into their hands for their sure
profits!
Sincerely,
Tom “Strignano” Alongi.  

Money Management
Lets get the boring stuff out of the way. However its the
most important piece of your trading system.
Money Management The First Defense From The Loss
Funnel!
As the flow chart below shows, Money Management gives
you the ability to trade your Positive Expectancy System
with confidence, that leads to consistent profits. If the
Money Management is weak you fall into the loss funnel
because you don’t trust yourself on the deepest level. If the
system is weak you also fall into the loss funnel.

Money Management Proper money-
management subsets:
No system wins 100% of the time you must accept that fact.
The market is the judge and jury it has the final say and is
always correct.
Stop Loss
You must have a certain money management system in
place that defines your risk you must always adhere to your
stop-loss .
Risk Vs.Reward Must Be Correct:
You must analyze the risk versus reward on your trade and
ask yourself “ is this risk worth the potential reward?”. If
the potential reward is not 1.6 - 2.8% or greater then my
assumed risk I will pass the trade by. You must also have a
price target (profit level) on each trade.
Price Targets:
Price targets. You should have three potential price targets
for trade. Target One: I label conservative. Target Two: I
label Aggressive. Target Three: I will label Extreme.

Consistency: You most be 100% consistent in you analysis
and your approach. Remove yourself from emotions and
subjectivity as much as possible. Good Money Management
will do this for you.
Never risk more than 3% of your capital on any one trade.
When you stick to these rules you will find that each trade
becomes one trade in a series. You will not be concerned
about being stopped out.
Importance Of Money Management:
Money Management is by far one of the most important
aspects of any trading system. I am shocked to say that
many Professional traders are just as confused as the
neophytes that enter the arena. Since Money Management
is the key from great performance and crappy performance,
its really an important aspect of any traders system. Think
for a moment about your trading, Is it really your entry that
loses you money? No, trading is a game of probabilities. If
you have a positive probability system you will win over
all. However, its your Money Management that cuts your
losers out quickly and forces you to hold onto the winners. I
say forces you because you will have a defined system in
place that takes out the emotion of the trade! As stated
above Money Management is one of the most important
aspects of trading properly. So why is it over looked? Well

Money Management is not very exciting(well it can be,
when you are testing your system and its working for you
in the market.)
Get the understanding behind Money management
systems, tailor and use them. They are the difference
between making money and going broke. For our
purposes in this book just use a maximum of 3% of your
trading capital.
If you want my e book on Professional Money Management
email me at trendchangebook@gmail.com. Put “Want
Professional Money Management” in the subject of the
email and I will be happy to send it over to you.

Before We Begin
In case you didn’t know the US Government wants to
stress. Risk Disclosure
Forex trading has a large potential risk. You must be aware of the risks and be willing to
accept them in order to invest in the Forex market. Don't trade with money you can't afford to
lose. This Ebook is neither a solicitation nor an offer to Buy/Sell Forex. No representation is
being made that any account will or is likely to achieve profits or losses similar to those
discussed on this website. The past performance of any trading system or methodology is not
necessarily indicative of future results.
Trading foreign currencies is a challenging and potentially profitable opportunity for educated
and experienced investors. However, before deciding to participate in the Forex 
market, you should carefully consider your investment objectives, level of experience and risk
appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction
involving currencies involves risks including, but, not limited to, the potential for changing
political and/or economic conditions that may substantially affect the price or liquidity of a
currency.
More over, the leveraged nature of Forex trading means that any market movement will have
an equally proportional effect on your deposited funds. This may work against you as 
well as for you. The possibility exists that you could sustain a total loss of initial margin funds
and be required to deposit additional funds to maintain your position. If you fail to meet any
margin call within the time prescribed, your position will be liquidated and you will be
responsible for any resulting losses. Investors may lower their exposure to risk by employing
risk-reducing strategies such as 'stop-loss' or 'limit' orders.
The ideas presented in this manual are for information purposes only. Foreign Exchange and
all futures trading are inherently risky financial instruments that should be bought and sold
only by individuals that are capable of sustaining financial liability. Reproduction of any
portion of the contents of this manual is strictly prohibited unless written permission is given
by the publishers. Copyright © 2018

Momentum Break
In my quest to find the Genesis of a new trend, I also understood the
importance of current price action. Was the current market
displaying the type of price action that confirmed that a new trend
was under way? (On a side note I use no indicators like MACD or
Moving averages etc because they are lagging indicators. Only Price
is the indicator I need.) I am about to introduce you to my trading
methods of being a contrarian trader. I look to buy weakness, ( the
idea is to buy when the last seller has sold, or as close as I can get to
that price.) and to sell strength ( to sell when the last buyer has
bought, or as close to that price as possible.) This First trade set up I
am about to share with you was taught to me by a Chicago Pit trader
who traded Wheat. This pattern requires you to do a bit of work,
which for me adds to its validity, however it does not work 100%
of the time. It is a great pattern to observe to see how the market
reacts once the set up occurs and take advantage of price action for
profits.
This set up is for a market that has been in a bit of an uptrend that
you have missed out on at the beginning. However if we are still in a
bull market there must be a way to participate at a low risk level
right? That was the question I had asked my self many times and
several other more senior traders when I was a newbie myself. I had
found that Futures Traders were more apt to give me better clues in
my search for the Genesis of the Trend. Now I will give you an easy
way to determine on a chart if we are in a Bullish or Bearish Market
with a way to calculate Momentum.

Momentum Calculation
Momentum is the simplest form of ascertaining where we are on a
chart to determine if we are in a current Bull Market or Bear Market.
I am assuming you peeps know a Bull Market is going up and a
Bear Market is going down. It is also important to state that each
time frame may show different Momentum and the higher time
frames are stronger that the shorter ones. Example would be
Momentum on a Weekly chart is stronger than a Daily chart.
However, if you trade the Daily chart stay with the Momentum that
is prevalent on that chart with a well defined stop loss. I will go over
how to do just that.
Old School Momentum ( I call it that because its been around since
the 1930’s.) looks at the direction of the closing price and uses only
the closing price in its calculation. To calculate it, first determine the
amount of time you want in the series. I would suggest 20 bars as a
minimum. Then compare todays close with the close at the
beginning of your chosen period. If todays close is higher, the trend
is up. If todays close is lower the trend is down. If todays close is
the same as yesterdays close, the trend is the same as yesterdays
Momentum. So if you use my suggested time period of 20 bars,
compare todays close with the close 20 bars before. You would
expect, I would think, that if the trend is up, todays close would be
higher than the close 20 bars before? Thats what this simple yet
effective indicator measures. You can use this simple method over
any time period and become an instant market expert!

Momentum Break Set Up
As stated on page 14 this set up is a way to join in on a bull

market that you had missed the beginning of. Yet you did
your home work and checked the momentum on your chart
and see “Yes Indeed we are still in a rising market. “ Being a
smart contrarian trader we just don t want to buy strength, we
are looking for a pull back and buy as close as we can to a
bottom in a retracement. So how do we do just that?
Here are the rules for the set up: (I will break this down just
read on.)
• Calculate the difference between the price low (lowest low)
of the move (A) and the highest high price (B).
IF
• The retracement (sell off) from the close of the high bars
leading up to point A and C is 25% or more of the
difference between A and B
Then
• Points A and C are qualified.

• The initial upward thrust from C to Z is 25% of the rally
from A to B, that value is added to the low of C
• The overall target for Y is 50%

 

 

Momentum Break
Step One Calculate the Difference between point A and Point B
84.155 - 80.999 = 3.156 big figures.
Then 3.15 X 25% = .7875. So what we need is a sell off of .79 pips
to qualify our top as good top to work off of. This sell off, will give
us Point C. So 84.155 (top) - .79 = 83.36 or less is the price we
need in the pull back for point C. We get the pull back! 

Now the 25% of the rally from A to B is added to the low of point C
to give us our trigger point point to buy which we call point Z.
That is 83.155 C point low plus .7900 = 84.102 Z point trigger to
buy. Entry is achieved we are now long. Stop loss would be what I
call the most recent Market Trench. Its a bit complex for this
discussion, but for now just calculate your stop with 3 % risk capital
on the Stop price is 83.17. So if you had a $5000.00 account you
would multiply $5000 * 3% = $150 stop $150/.0079 Risk = 18,987
position size, round down to 18,000.  

Our over all target level was Point Y that is the low of Point C plus
1.58 pips. That amount is .79 x 2 = 1.58 pips. The target was never
reached. The market rally stopped at 84.518. If this trade was taken
once in the money the stop should have been moved to Entry, so no
loss would of occurred. Remember trading desk rule number two of
mine ?
Don’t turn a winning trade into a losing trade.
(meaning if you are in the money place your stop so
you don’t lose!)
 

Here is the whole set up for you I added point Z which I
forgot before. They say a picture is worth 1000 words in my
case its worth 7000 words.  

Lets examine this trade a bit more closely , I am sure you
peeps realized that the Risk vs Reward on this trade was not
up to par, so the trade should of been bypassed. The trade as
described above is the way Chicago Pit Traders who have a
birds-eye view of Buy and Sell Orders that help them escape a
trade with decent profits.
I have come up with a way that we can get into the trade at
the Genesis of the low created at Point C. Lets have a look on
how its done so we can get more out of the trade with low
risk.
The first step in our calculation was to take the difference

between point B and Point A and that amount was 3.156 big
figures. We then multiplied that amount by 25%. Which gave
us approximately .7900 pips. So, 84.155 (the high we used)
minus .7900 pips give us a price of 83.365 or 83.37.
This price or lower must printed to confirm we have found

point C. It is from here that I begin to look to Buy, Not at the
Trigger price of 84.10. Lets look at the chart.  

Once the price below the minimum point C level (83.37) was
breached it gives us an excellent level to get in on a low risk
Buy. I would buy the bar with the close above the minimum
point C price, which happens to occur on Point C. That price
on the close of C was 83.44. So where is the stop loss? Take
the range of bar C and subtract it from the low of C, that is the
stop. See Chart next page. 

The high of bar C is 83.513. The low was 83.32, the difference
is 19 pips, Subtract 19 pips from the low of C, the stop
becomes 83.12. (I just made it 20 pips from the bottom instead
of 19 pips) So any bar that closes above the new trigger price
of 83.37 is the Buy Bar. You would then take the range of that
Buy bar and subtract it from the low of that bar.
If the range is small, you could look for the largest range bar
in the island (the group of bars by the retracement amount.)
and subtract that range to the bottom of the bar that closes
above the retracement amount.  

Momentum Break
So now you know why this trade set up is called a
Momentum Break. There was a break in the upside
momentum, short reprieve, and then a last burst of upward
movement that did not reach its ultimate target level at Y of
84.89. More on that in a moment, no pun intended.
So the change in trade parameters help us how?
1. Gets us in the trade at a lower price

2. We can trade a bit larger with this stop loss.
3. Shortens our stop loss. Great for traders psychology
4. Risk Reward becomes Better
5. The Risk reward becomes acceptable we are now risking
about 32 pips (83.44 Buy price - 83.12 stop loss = .32 pips.)
So if we are looking for a 1:3 risk reward, where we are

risking 1 which is 32 pips we would look for a multiple of
three, 32 * 3 = 96 pips.
The trade high made was 84.50 that is 1.06 pips, that hits our
Reward criteria of 96 pips. If you want to stay in the trade for
potential higher gains. The stop loss must be moved to the
original Trigger of 84.10. IT MUST BE MOVED, IF HIT
LOOK FOR ANOTHER TRADE! Don’t turn a winner into a
loser! 

Momentum Break Data
Data For Momentum Break so you can set it up for yourself.
Cross Currency: AUD/JPY
Time Frame: 4 Hour
Date: 5/30/2018 00:00 (your time may be different)
Price low 80.99 (price will not be exactly the same because
different brokers …differ. However, it will not be that far off.)
Date 6/05/2018 00:00
Price High Point B 84.155
Also on a side note feel free to adjust the parameters of the

Percentage. In this example we used 25% for the retracement value.
You can get more aggressive by lower the percentage, or go higher
for more conservative approach.
If you want to work from a sale price (from a downward

trend) just do the opposite. You can practice on any time
frame, I would suggest not going lower that 1 hour, but some
students of mine claim to have had good success on the
smaller time frames. Now for some finishing thoughts on
Momentum. 

Finishing Thoughts On Momentum
Its important to note that at market tops momentum will
show that the current trend is up, and at market bottoms the
current trend will be down. This is good because we are
looking for the change in momentum and be looking to Buy in
the case of market bottoms and looking to Sale in the case of
market tops.
“We want to be in the train before the train moves.”
Momentum for a sale is a very good indicator for

retracements up from a medium turn down move where we
would be looking to sell the recent strength, and from a
retracement down from medium turn up move where we
would be looking to Buy weakness.
In the case of the last trade discussed, the inability of the

market to trade and CLOSE above the projected level at Y.
(Here is an added bonus you can use if the market had closed
above projected point of Y, the market needs a higher high
then the bar that closed over point Y within the next 3 bars to
confirm higher levels.)
Gave us an indication that the momentum was about to
change. In the following I will give up some good set ups to
take advantage of the momentum change before it occurs.  

Inside Day (Bar) Directional Trade
The number of price patterns s staggering. Many price
patterns that are in the public domain are different versions
then the ones used by professional traders. I don t think that
the authors of the patterns do this with any malicious intent, I
just think they were only given half of the story by a
professional that was being flippant in his or her description
of the trade set up.
In this next section I will describe a price pattern that is quite
popular with retail traders. (Thats you peeps.) It was also one
that I looked for on slow trading days in order to get a clue for
next market direction. I have to say that this pattern as
described below had caused me more Losses than Gains.
So I needed to study the pattern and change the execution of
the pattern.
Here is the classic version of the pattern that caused me some
fantastic frustrations and losses that I want you to avoid.
Inside Day (Daily Bars) or Bar: (intra day bar “ie” 30 minute
Hourly, 4 hour bar etc.) The total bar (high and Low) is inside
of the previous bars range.
Lets look at the chart on the next page. Inside Day (Bar)
Directional Trade 

The rules for this pattern are to SELL if the close of the current bar
after the inside day is Lower than the Low of the inside day bar.
Or to Buy if the close was greater than the Inside Bar High. As
you can see the sale would of been executed, and then the market
rallied. There was no real great risk reward opportunity on this
trade, at best we could of broke even. This pattern had let me
down an unfathomable amount of times. See The Next Chart to
clear up any ambiguity.

Now the first (idea) change that I made to the pattern set up
was that if the in Bar was a down close, I would only look to
buy the market on a dip. However, the very nature of the set
up is to go with current market direction by selling if the close
of the current bar was less than the low of the inside bar. This
is against my contrarian trading principles. I want to Buy
weakness and Sell strength, at the proper times of course.

Enter the Volatility Trap formula, to help us determine a good
low risk buy or sale area.
High+Low+Close = X
3
2x - High = Volatility Buy Level VBL

2x - Low = Volatility Sell Level VSL
This formula is used on the inside buy bar to determine at

what price is a low risk buy or sale.
Now remember if the inside bar is a down close, I am looking

for a lower level to go long. (buy the market) at the VBL
If the inside bar is an Up Close I am looking to sell the market

at the VSL.
So lets plug in some numbers for this trade set up. Inside Bar
Information
Open 69.943
High 70.265
Low 69.89
Close 69.91 

70.265 + 69.89 + 69.91 = 210.07
210.07/3 = 70.02
So X = 70.02
Since we have a Down Close on the Inside Bar we are looking

for a buy level. When I first introduced this trading idea to the
guys on my trading desk, most calculated the buy VBL, and
the VSL and took either one that occurred. They disregarded
my filter. Since they had good experience with price action
their results were better than average. You can choose for
yourself, my suggestion would be to use the filter, it limits
your exposure.
2(70.02) - 70.265
140.04 - 70.265 = 69.775 BUY LEVEL
See chart on next page for set up.

The market trades below our projected trigger price of
69.78. Then on the next bar it trades trough our Trigger Buy
price getting use long. The Stop loss is the range of the bar
that closed below our trigger price subtracted from the low of
that bar. It gives us a Stop Loss of 88 pips, the price would be
68.90 stop. So using our Risk Reward calculation 1:3 we
would look for a 2.64 pip gain. Thus, 69.78 buy price plus 2.64
we would look to take profits at 72.42.  

Once we are in the money on the trade after 150 pip profit in
the trade look to move your stop loss to your entry price. This
amount is usually safe to hold on for greater gains.
Once your profit target is hit, let 1/2 of the trade amount off
the trade. Keep the other half on till you have an opposite
Inside bar set up, or use trend lines etc. However, if the
market trades Higher and then Reverses get out at the original
profit target. Since this is an interesting pattern to work with
lets do a study on the upside of this same trade. 

Twenty Seven days (bars) after our initial buy down at 69.78
another Inside day (Bar) shows up on the chart. It is a down
close so it would signal another long trade(buy) at the VBL.
Data For the inside day:
Open 73.36
High 73.623
Low 72.99
Close 73.20 

Now lets do the math once again.
High + Low + Close / 3 = X

2(X) - High is VBL.
73.62 + 72.99 + 73.20 = 219.81/3 = X 73.27
2(73.27) = 146.54
146.54 - 73.62 = 72.92 VBL.
Trade once again gets executed at 72.92. The stop loss would
be the trigger bars range subtracted from the low of that bar. It
puts our stop loss down at 72.01. This gives us a 91 pip risk
using our 1:3 Risk Reward we are looking for another major
rally. 91 x 3 = 2.73.
Now here is the Interesting Part, Three bars later we get an
inside day up close saying the market can turn down. GET
OUT OF THE LONG AT THE CLOSE OF THE INSIDE DAY!

The market turned down, without moving higher to trigger a

short sale. So is the signal dead? No lets see how we handle
this trade. 

The event of another inside bar up close, so close to the last
opposite indication, is a good indication to exit a long because
the market can turn quickly down. Which it did, (but we

escaped at the close) and traded below 72.01. However, we
still have an opportunity to get short IF the market can return
up to our trigger price VSL. Lets calculate the price.  

Data for the Inside Day Up Close.
Open 73.59
High 74.08
Low 73.32
Close 73.93
Math:
74.08 + 73.32 + 73.93 = 221.33 / 3 = X 73.77
2(73.77) = 147.54 - 73.32 = 74.22 upside trigger sale price. The
market rallies back up hitting our VSL price at 74.22.

The bar that hits our trigger price, is the same bar that we will
use the range of to calculate our stop loss. The range of the bar
is 77 pips, that added to the high of the same bar gives us a
stop loss at 74.99
That total of 77 pips is used to calculate our reward. 77 x 3 =

2.31 pips. That subtracted from our entry, is a target of 71.91.
That price occurs 9 bars later.
 

The Real Key Reversal
The Key Reversal is one of the patterns that has been known
and used for many years. However, its one of the patterns that
is out in public domain that is not fully explained correctly.
The rules in the public domain generally refer to a situation
where, for a Buy signal to occur, the market makes a lower
low than the day (or Bar before for short term traders.) but
closes higher.
A top reversal would be the opposite. It has become

fashionable lately to debunk the significant of this powerful
pattern of Key Reversal Days (or Bars.) However, the
debunkers of this pattern, or the Retail Traders that have seen
if fail many times, do not know one Key component to the
Key Reversal pattern.
Real Key Reversal Pattern Rules For A Buy Signal:

For a Buy Signal, the low that occurs must be significantly
LOWER, not just fractionally lower, than the previous low.
That amount is 40% lower than the previous bars True Range.
( A true range is the amount of the high - low, if the previous

close was greater than the high of the bar the distance is
calculated from the Close of the previous bar - the low of
the current High bar. So we are going two bars back to look
at the close) See Chart Next Page.

The Real Key Reversal 

Real Key Reversal Pattern Rules For A Sale Signal:

For a Sale Signal, the High that occurs must be significantly
HIGHER, not just Fractionally higher, than the previous high.
That amount is 40% higher than the previous bars True
Range.
(A true range is the amount from the high - low, if the
close of the previous bar was lower than the Low of the
bar we are examining we calculate from that close to high
of the bar. So once again we are going two bars back
from the potential Key Reversal day.)  

Working from our first Buy Image. I will explain what to do. 

Once we see the market moving down we quickly need to
calculate the trigger point. We do not place a Buy order at this
price as the market needs to trade through the point, and then
back up through the Buy Trigger price.
Once the market trades back up through the price we Buy.

The stop loss can be calculated several ways . The way I used
in the prior example was to just use the amount of 40% of the
range, that amount would be subtracted from the new low
made on the trigger bar.
You could also double the range of the previous Bar and
subtract it from the low of the trigger bar. That would create a
larger Risk on the trade and the reward would also increase.
On the Key Reversal Sale after calculating the trigger Sale

price the market needs to trade up through the price, then
back down through it. Just as before we do not place a sale
level at the Trigger price, before the market moves up through
it. We sell once a new high is made and it trades back down
through the trigger price.
The reason is we don’t want to be caught in a complete blow

off Rally. Same reasoning with the Buy bar we don’t want to
get caught in a rip roaring Sell off.  

Final thoughts on The Real Key Reversal. The addition of the

40% of the previous range added to the High, or subtracted
from the Low eliminates the common pattern where, for
instance, the market makes a slightly lower low than the bar
before and then closes higher, or a Slightly higher high then
closes lower.
That is most most people call a Key Reversal, but now you are
in the KNOW. You now have a much more superior trading
pattern that is ripe for profits.  

Trend Reactionary Numbers
In this next and final section I am going to introduce you to
Trend Reactionary Numbers. While in the previous sections
the methods described we shown to me, and I thought they
were incomplete. I had studied them and then added my own
take on them to give a better entry point and better risk to
reward.
Trend Reactionary Numbers are my complete and sole

invention. These number are correct 83% of the time. I know
thats a bold statement, however in back testing proved to this
percentage. So why am I not a Trillionaire if this statement is
true? Well for one I had a hard time believing in something
from my own devices. I mean I am not that smart to come up
with a market key that is so powerful am I ? So many times I
ignored the level (TRN) and used what I call my standard
trading practices.
Whenever I decided to over ride the indication in the market,

I ended up with not maximizing my profits, and in some
instances broke even on a good trade, where in fact I could of
doubled or tripled my profits by following the TRN. I am just
being candid with you peeps, I have human flaws just like the
rest of us, and at times (to many) I fall victim to my own
emotions. Like all of you, I permitted I greed and impatience
to out maneuver good judgement at times!  

Trend reactionary numbers are what the Inner Circle also

dubbed the Magic numbers. Trend Reactionary Numbers are
major turning points in Currency Markets and in Stock, Bond
and Commodity Future markets.
I have developed these numbers over the years by working

several different Wave Systems. These are my variation of
Elliot Wave with defined points (I could never figure out Elliot
Wave Theory.) They are based on a Fibonacci Wave count
(time series) that I developed and are quite accurate.
These points float and are always changing, I reset them as

soon as the Market resets and gives me the signal that a
wave pattern has finished. I don’t manufacture these points
the Market does. These points are the Trump Card of the
whole deck to coin a phrase. I am always looking to work
toward these points and see how the market reacts at them.
You can Trade these stand alone as a completely separate

system. Markets always move from Euphoria to Dysphoria
(everything always moves back to the Middle, as I state in
Forex Confidante.) I will Buy these levels as a support ( the
down side TRNs that is) when a certain pattern emerges, and
also reverse if they fail at a certain level below the Support
TRN. As we all know Support once broke becomes
Resistance.

I will also sell upside TRNs as a resistance when a certain
pattern emerges and again Reverse at a certain level. As we
all know Resistance becomes Support.
So if we are approaching a down side TRN I will buy it when

the pattern in the market triggers a buy and see how the
Market reacts. I should be Quick nice and steady upward
movement.
I will explain as this in the following pages. The saying goes

“A picture is worth a thousand words”, in my case its worth
10,000 words!  

For the Months Of October thru November 2018, get ready
for some black hat bank techniques. For most you peeps
the techniques will require some study. You are learning
some Black Belt Karate techniques and some you of may
just be white belts. So sit back get your favorite non
alcoholic drink and get going. (Don't spill anything on the
key board please)
GBP/USD UPSIDE DOWNSIDE
1.3046 1.3072
1.3223 1.2964
1.3399 1.2887
1.37525 1.2703
1.4105 1.2519
1.4471 1.1993
1.4811 1.1824

I have listed the TRNs for GBP/USD for the months of October
thru November 2018. So lets look at how we can trade these
important levels in the market place. I will post the daily chart
below then drill down to the 4 hour charts. 

Here Is a better looking chart for the daily GBP/USD:
So lets start our trading, man with dead charts we can make a
fortune ;-). However, with this knowledge we REALLY can
have an unfair advantage, I promise.  

Lets zoom in on the first trade set up, see below.
These numbers were calculated about 2 weeks before the

October thru November start date. Notice how on October
2nd, 3rd and 4th the market was testing the TRN support.
Once the support held the market Rallied right up to the
Resistance level at 1.32232. The market traded slightly above
the Resistance level (about 53pips at the highest point), but
could never closed above it. So lets look at how to approach
the Trade.  

Here is where the writing gets a bit tricky for me, So I will
drill down to the 4 hour charts (you can also use 1 hour but I
prefer 4 hour.) I come into the market looking for the TRN
Support level to hold.
With that being stated, I also know that it is just as important to
understand what the Market Place IS SAYING!
Here is the pattern I first came up with for a TRN Top we will
be using the opposite one in this first example I just thought it
would be cool to show you. I pulled this cave man drawing
out of my notes from 1998, probably before some you you
peeps we born!

I will explain the rules for the patterns in the next paragraph,
lets Drill down to the 4 hour chart.  

Here are the rules for the TRN Buy Support.
Any Bar that makes a new low for a move becomes the signal
bar. Draw a horizontal line from the high of the signal bar
several bars into the future. This is the current low bar. When
you have a close above the high of the signal (low) bar then
look to buy at that high or slightly above it.
If you look at the chart the market makes 3 consecutive lows

in a row marked with an x on top of the bars. For each of these
bars I placed a line in blue across them., for each of them
became a possible signal bar.
The bar after (4th Bar in the series)the third one from the
right, with the smallest range was the breakout bar. The blue
bar to the right of the smallest range bar.
A buy would occur once price exceeded the high of this bar,
and we would be long with a stop below the TRN.
Stop Below TRN RULE. I have been caught in many false

break downs, so I implemented a rule that I need a Close
below the TRN, with a lower low within 3 bars from the
close below, then I would escape the trade. I also put in
an Emergency Money Stop just in case it collapses.

Here is a picture that shows the Buy. The High of the
Breakout bar was 1.29768, that bar closed above the High of
the down bar before it. A buy is placed at the high of the bar,
and we get executed on the next bar, we bought at 1.29804 in
this example.  

After we go long at 1.29804, we check to see if the close of the
bar where we got long is Greater Than all 4 previous closes. If
it (and it is, you can see on the larger chart) I will mark the
bottom of that bar as a warning should the market cross back
through the low of that bar. Same rules as a cross of the TRN.
Only NO Emergency Money Stop, just a stop if we have a

lower low within three bars of the close below the low of the
bar. Man thats a tongue twister!
You can see what I mean Below: 

If you look at the bar that pokes through the TRN Resistance
price, the close of that Bar is greater than the the close of all 4
previous bars, I will now place a warning level at the bottom
of this bar, its marked in green at 1.30020. If the market closes
below this price and a lower low occurs within 3 bars I would
sell out and wait.

Warning level is place at the low of this bar as the close is

greater that all 4 previous bars closes. Once we close over
the TRN, the first Blue bar with the x on top, we need a higher
high within the next 3 bars to confirm strength. The market
gives it to us on the next bar. The two pull back bars with the
arrows pointing to them are typical stop loss running bars, to
scare out the weak hands. The pull backs are quite far from
the low we marked at 1.3002, keeping us calm.

Notice how the TRN acted like a magnet, the market went
through it only to close right on the TRN price. The second
attempt the market went through it, only more shallow that
time only to close up above the TRN.
From this point the market marched straight up to the Next

Level TRN resistance at 1.32232. Our original long (1.29806)
was never under any pressure, because we were trading with
the major current in the market. The two pull backs were
minor cross currents (Stop Loss Running against the weak
hands that got long at or near the current top, these peeps had
no trading plan and no idea of the power of the TRNs.)

By the way the profit was 1.3220 - 1.29804 = .02396 x 300,000
GBP= $7188 in two days. Not a bad payday for sure.
IMPORTANT the amount I used 300,000 is an amount I can

afford to trade. You MUST TRADE WITHIN YOUR
PERSONAL LIMITS! As we discussed in the opening of this
book.
Now lets work from the Resistance level we just hit for profits,
you must get used to the ebb and flow of the market. Many
new traders having a good gain from a Long trade are quite
shy about selling the market.
You must get over these emotions, because by the time you
decide to sell, its probably very late into the Bear Move, and
you may get caught in a cross current trade shaking you out
of your position for a Loss.

Lots going on on this one, so lets take it step by step. First the
Rules for Looking to sell against TRN resistance.
Any bar that makes a new high the move becomes the signal
bar. Draw a horizontal line from the low of the signal bar
several bars forward into the future. This is the current bar
high. When you have a close below the low of the signal bar,
then place a sale order at or slightly below the low of that bar.

Take note of the Z bar in the chart above, it is here that I would
start marking bottoms because I have no idea if the market will
fall short of the TRN. Remember we are starting this process still
being long from our Buy at 1.29804, looking to turn our trade
around. We would be using the profits from the correct long trade
to help buffer any loss that we may incur. Hopefully, you know
how to keep an average on your trading blotter, or if your lucky
your platform does it for you.
Bar X is the first bar to close over the TRN resistance level. It is at
this point that we would mark the Low of the Bar. Important
between Bar X and Bar Y three bars occur and none of them
makes a higher high then Bar X. This is a signal that maybe the
Rally will not hold.

Bar Y also closes over the TRN resistance level, since it has the
largest amount of trade over the TRN I mark the Bottom, and
make it the trigger bar, because its the largest amount traded
over the TRN Resistance level.
Two bars after the Y bar, guess what happens?
The market rallies up running stop loss orders for against the
weak hands. The Bar in the gold ellipse closes below the Y
bar Low. If we get a price that goes lower then that low, we
sell and put our Stop At the High of the bar in the Gold ellipse,
or we use the close above the TRN, with a Higher High within
3 bars of that high.

On the next bar we get into our Short Trade at a price of
1.32006. The Low on the first leg down is 1.3132. The market
rallies up challenging our sale. But notice how the market can
not get over the TRN. The attacks on the level get quickly
repelled. Can you start to see the power in these numbers?

The Battle between Support and Resistance! This is the fun
part knowing exactly where we are in the market with the
TRN numbers. This knowledge is like an Adrenaline Shot With
Steroids And A Triple-Shot Cappuccino…. Its so exciting.
When we break the lower Resistance level of 1.3046, and the
market passes and closes above the TRN resistance, notice
bars XYZ they do NOT make a higher High than the bar that
closes above the TRN. Suggesting the rally will fail and it
does.

The battle between Support and Resistance. Study how strong
these TRNs are.
Once the market breaks down from the 1.3046 Resistance TRN
level, it falls right to the TRN Support level of 1.2964. Note the
bar in the yellow ellipse. It touches the lower Support TRN at
1.2932, and rallies above the higher TRN Support at 1.2964
and closes above the level. Now here is the important part,
the market gives us a higher high, suggesting higher prices.

However, the target was hit on the Rally up The TRN

Resistance of 1.3046. So that is the only time we can negate
the signal for Higher or a signal for Lower prices, if a TRN is
Hit on the Rally or Decline.
In the next Chart Look at the prices in the big yellow ellipse,
notice how the market Trades exactly between the TRNs as

they make there way to the Target of 1.2703.

Once the under lying Trend (that was hidden from most
traders) asserted itself, and after the battles near the TRNs
was over. The market gracefully fell right to the TRN target
low of 1.2703. However, we had an inside track on the market
knowing where the true Resistance and Support points were
located. Its kind of an unfair advantage, but I am sure you
will take it.
This trade took 1 month to go from a high TRN to a low TRN
of 1.2703, the low on the move was 1.26939 incredible.
The total profit on the turn was 1.3206 - 1.2710 = .0496 .
.0496 x 300,000 =$14,880.
$14,880 + $7188 (Amount of our fist win) = $22,068.05

That amount of $22,068.05 is the power of the FOREX market

to cure all your money worries. When you know exactly
where these hidden Support and Resistance Levels are and
you know how to trade them, truly you have a Superior
Advantage. Its where you can truly apply the axiom
“Knowledge is Power.”
If any of you want TRNs for specific markets email me at

trendchangebook@gmail.com I will be happy to get them over
to you. I am only offering this Free for a short time as my time
is valuable. I get hundreds of email requesting personal
mentoring and TRN levels, my old books on HeadFake
Trading etc. These levels take a good amount of time to work
out.
In the future I will be also offering some webinars on other

patterns to trade the TRNs with, I gave you the most simplest
pattern to follow here. If you want an invite to future
webinars send me an email as well, I will give you the date
and time of an up and coming webinar. Put “Want Webinar
Invite” in subject and anything else I can help you with.
Cheers,
Tom

Conclusion
Inexperienced traders have a concept about themselves where
they have an over inflated concept of their self importance
and ability. I say this not to insult anyone, its just a fact of
human nature. I went through this phase of my life when I
first became a FOREX trader. I had a certain air about me that
made me feel superior to the support staff at the bank, friends
and family. In short I was a jerk. It took me about 6 months to
break out of the trance and become a humble human being
again. What caused the change? A few beat downs in the
market place.
The objective of speculation is to produce money. This is

always the initial attraction. The misconception about trading is
that people want to increase their wealth without the usual
efforts of a full time job. I had that perception in the beginning
of my career, I somehow thought that making the trading
desk entitled me to fast profits and the huge bonuses that
came with them. I somehow thought it was going to be easy
money. I mean I had great Gut Instinct, a good feel for the
market price action. In retrospect I should of said to myself
“Really, Seriously?” But at 24 years old I can t really blame
myself.

Conclusion
Once I had some ego altering losses, and realized that my

“GUT Instinct” was not going to get me by, I realized I had
some serious learning to do. If I did not have customer orders
to supplement my fool play, I would of been in deep dog
poop!
Once I moved from the idea that economic theory(that I

learned in collage) and my feel for the market place was not
enough to make it, I had to do something different.
I had asked myself a question over a beer at the Bull and Bear
in the Waldorf Astoria (to myself of course not out loud)“If all
my customers dried up, would I be able to be profitable?” The
answer was shockingly NO! “If I wanted to trade on the
Proprietary Desk (where it was raw trading and no customers
only the best traders landed on that desk) would I be able to
do it?” NO again.
What was my primary problem? My need to be right, be

smarter than the other guy! Who that guy was, I had no idea.
My goal for myself was to learn this vocation so I could trade on
my own period, I wanted the freedom trading offered.

I realized that intelligent speculation is much more time
consuming than I originally thought, it is also much more
gratifying then the quick and easy profits I was looking for, that
really do not exist. So in order to better myself, I was fortunate to
be able to pick the Prop Guys brains (Prop is short for Proprietary
Desk)
This is where I first learned about systems, and how to use

them. I have now introduced you to some systems that give
you a scientific way to look at a trade. The systems that I gave
you are for the most part forward looking. You are calculating
the support and resistance areas. You are calculating where
you should execute a trade, where you should place your
stop. You are in the drivers seat in control.
The real importance here is that you apply what you learned,
go through past examples on your own. I don t care who you
learn from just apply what you are taught, some techniques
will be great (like Mine) other techniques you can disregard.
The importance is in the application, so you grow more Brain
Neurons. Your Trading Muscle gets built.
All the Best:
Tom “Strignano” Alongi
END

Forex trading has a large potential risk. You must be aware of the risks and be willing to
accept them in order to invest in the Forex market. Don't trade with money you can't afford to
lose. This Ebook is neither a solicitation nor an offer to Buy/Sell Forex. No representation is
being made that any account will or is likely to achieve profits or losses similar to those
discussed on this website. The past performance of any trading system or methodology is not
necessarily indicative of future results.
Trading foreign currencies is a challenging and potentially profitable opportunity for educated
and experienced investors. However, before deciding to participate in the Forex 
market, you should carefully consider your investment objectives, level of experience and risk
appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction
involving currencies involves risks including, but, not limited to, the potential for changing
political and/or economic conditions that may substantially affect the price or liquidity of a
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More over, the leveraged nature of Forex trading means that any market movement will have
an equally proportional effect on your deposited funds. This may work against you as 
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margin call within the time prescribed, your position will be liquidated and you will be
responsible for any resulting losses. Investors may lower their exposure to risk by employing
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The ideas presented in this manual are for information purposes only. Foreign Exchange and
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Trend Change Indicators

Commercial Bank Traders Insider Secrets Revealed

Tom “Strignano" Alongi- November 30, 2018 $275.00

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 1

Tom Strignano began his International Banking career as an

He is knowledgeable in systems developed by past masters

- Chief Dealer~ Market Maker

CRT - NY(Came Back As Chief Dealer)

- Chief Dealer~Market Maker

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 2

- Senior Trader~Market Maker all crosses

Cassa Risparmio Di Torino~ CRT Bank

- Senior Dealer~Market Maker

> DEM/ITL, Dol/DEM, Dol/JPY, GBP/DEM, Dol/CHF & DEM/

- Head Position Clerk (working directly for Treasurer, Aldo

Deutsche Bank - NY

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 3

When I was Chief Dealer at CRT Bank in NY I had 3

• Don’t Lose your money (meaning don’t exceed your

• Hold onto winning trades, don’t talk yourself out of

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 4

I present you with these rules to you before I reveal

In order to trade successfully, most traders look to find

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 5

The conclusion of a trend is the most frustrating time as

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 6

I had studied his system back in the late 1980’s. I had

So in the next few pages I will give you some

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 7

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 8

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 9

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 10

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 11

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 12

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 13

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 14

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 15

As stated on page 14 this set up is a way to join in on a bull

• Points A and C are qualified.

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 16

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 17

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 18

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 19

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 20

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 21

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 22

The first step in our calculation was to take the difference

This price or lower must printed to confirm we have found

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 23

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 24

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 25

So the change in trade parameters help us how?

1. Gets us in the trade at a lower price

So if we are looking for a 1:3 risk reward, where we are

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 26

Also on a side note feel free to adjust the parameters of the

If you want to work from a sale price (from a downward

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 27

“We want to be in the train before the train moves.”

Momentum for a sale is a very good indicator for

In the case of the last trade discussed, the inability of the

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 28

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 29

TREND CHANGE INDICATORS - TOM “STRIGNANO” ALONGI 30

Trend Change Indicators 

Tom “Strignano" Alongi- November 30, 2018 $275.00 

Deutsche Bank - NY 