What Dumb Money Do

What Dumb Money Do
#WDMD
Forbidden Knowledge You’ve Never Heard Of
Author: Golden Pips Generator

Golden Pips Generator
Contents
Contact Information and Social Media P.2
Special Thanks and Acknowledgements P.3
Introduction P.4
Manipulation P.7
Conclusion P.55 
What Dumb Money Do 1

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Contact Information and Social Media

Telegram: www.t.me/goldenpipsgenerator
Instagram: @Goldenpipsgenerator
YouTube: Golden Pips Generator 

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Special Thanks and Acknowledgements
I would like to extend a special thank you to Mark English, Dylan Shilts and Brandon Abbas for
sharing their wisdom, thoughts and knowledge of foreign exchange (Forex) currency trading; for
helping me understand how to change my money from dumb to smart; and for helping me implement
all of that into my everyday trading.

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Introduction
If you are reading this book, there is good chance you have tried various Forex trading strategies with
limited or mixed results. Perhaps you are looking for new ways to refine your trading techniques to
give you better entries and exits. Maybe you are looking for that killer edge to put you ahead of the
rest of the crowd and more importantly the money makers, who have been taking your hard earned cash
from you trade after trade, day after day, week after week. 
 
I have been where you have been and I have felt all of the emotions you have felt, each and every time
you have won or lost a trade. I have written this book just for you, so that it can become your
companion on your Forex journey, showing you why and where certain things in trading happen. This
will help you see everything in Forex with a new perspective, which in turn will better prepare you to
make higher quality trades and avoid the various traps that have been set out for you. 
 
So, let’s begin. I have been trading Forex for what seems like forever and was aware of the
manipulation of this market. Nevertheless, I continued about my own business until I had some
webinar sessions with Mark English. He opened my third eye and I began to look for the chart patterns
he detailed to me. I was like “Damn! How the heck can it work like this”?
I knew this industry was manipulated, but I couldn't believe every single candlestick is manipulated.
After many hours of going through different charts, it got to a ridiculous point that I couldn't sit and
make money off it. I was feeling Guilty. Every damn dollar made by this method was the hard earned
money of people who had basically been robbed by the Market Maker...and I was in line with them.
The purpose of this book is to make you aware of what I learned, so that you have not only a fighting
chance, but a great chance to win at your trades.

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The aim of this book is to open your third eye, as mine has been. To help you see things you could
never see before, where you may have lost money on trades. I will share many examples of these trade
setups and reveal the knowledge to you. Knowledge you are not supposed to have!
So you probably heard about trading currencies and you wanted to get in on the action and make it
work for you. To become a hustler. You may have started with typing some basic keywords into a
search engine, such as ‘how to trade’, with some of the first results being ‘trends, support and
resistance’.
However, you are smart and you don't begin trading based on only what Google says, so you also
watch related videos on YouTube. You may have viewed many get rich quick videos with variations on
the titles, that will ultimately make the same promise, such as ‘How to turn $1000 to $100,000 in 15
min’.
You start watching the videos and become convinced you will very soon and very easily make money
in Forex. You do what the presenter said to do. You begin to chart and draw your trendlines. You were
told to buy from the support area and sell from the resistance area. Very basic stuff, but fair enough!
They do a really good job of making sure you believe it is easy to make money.
You then start following these strategies and it just doesn't work. It's as if someone is waiting for you
to buy or sell and then move the whole market against you. Well here is the bad news: there is literally
someone doing this to you and millions of other people! It sucks, doesn’t it? Don’t worry though, I
also have good news for you: after reading this book you won't be on the losing side anymore or at
least you will have the knowledge for not being in that position. Does that sound interesting? If your
reply is yes, that that is excellent! Now that I have your attention, let's move forward.
So you’ve done the whole research and trading thing and lost some money. You have a friend who
knows a random person selling a ‘profitable course’ along with a ‘signal service’. You may even be

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able to wire some of your money to this faceless person, who may also trade it for you! HOW COOL
IS THAT? Earn while learning!
Let me tell you something here before we move on, earn while you learn is absolute nonsense! The
only way it works is to learn and then remove the ‘l’ your f*cking self. PERIOD!
You go ahead and send him/her $400 for the full course and strategy, another $200 for a year’s worth of
trading signals and then deposit a further $1,000 in your account to see how your money grows.
The first week goes well and your $1000 is now $1500 and you are studying hard for that full course.
Damn, they are so smart! They showed you the problem: wait for the support or resistance to be
broken and then take the retest. COOL!
‘Broken support is now resistance’.

‘Broken resistance is now support’.
‘Identify a valid trend with 3 touches, wait for resistance to form and then wait again for it to be
broken’.
You now have all the above written down in front of your PC and your chart looks so cool. You have 2
indicators and couple of moving averages and things looking confusing. You don't know what you’re
doing, but you do it anyway.
It doesn't end here. That $1,500 now is at $200 because one trade didn’t go well and the signal
provider didn’t provide a STOP LOSS! You cannot believe what just happened. He/she blames you
for not having enough money in your account to cover the drawdown and he/she still has the trade
running while your savings are gone!
Does this sound familiar? This may have been your story in the past and you may be a little better at
trading now. And if it’s not, then you may have heard of something along these lines.

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Manipulation
I have shared dozens of charts in this book with you, to demonstrate how often the support and
resistance levels are created only to be manipulated later on.
Before we move on, there are some basic forms of manipulation you need to be aware of. The first
takes place in within the daily structure. It starts and ends with consolidation. In this structure, price
will push in a certain direction to entice retail traders. When enough liquidity is in a key area, the
market will be moved completely against the now ‘trapped retail traders’. At the end of the day, price
will typically reverse a little, ending the day in consolidation (Figure 1).
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Figure 1
Although, we call this the daily structure, it can sometimes take a few days to complete this cycle. The
daily structure is how trends forms on a daily basis to make up the weekly structure. This leads us to
the second form of manipulation: the weekly structure. This is essentially a pump and dump we are

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talking about here. The price will move in a certain direction over the course of a trading week. It will
then get to a point where the trend becomes too obvious and the retail traders react by entering the
market trend, thinking they are onto a sure thing. Unfortunately for the retail traders, shortly
afterwards the market will be reversed and destroy their accounts.
Similar to the daily structure, the weekly structure doesn’t always have to occur over the course of an
exact trading week. It can sometimes happen over a slightly longer period. However, the
characteristics will always essentially be the same (Figure 2).
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Figure 2
To fully benefit from further reading of this book, you must be familiar with these structures, as well as
M and W patterns. If you are not, I would recommend to study them further by using an online search
engine or watch Forexia YouTube videos about them using this link: https://www.youtube.com/
channel/UC9eHnrO1OqOaYlc-SGtG_Kg

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From this point, I will assume you understand the daily and weekly structures. So just as a tester, what
is the most important aspect of the weekly structure? The answer is the midweek reversal (MWR).
If you didn't know the answer, you need to go back and study these structures again.
Although, the strategies in this book will work on all currency pairs, for ease of use, understanding as
well as to demonstrate how often manipulation occurs, all of the charts shown are from 3 pairs:
USDCHF, USDCAD and XAUUSD (Gold)
In many cases, I managed to catch over 100 different points from these pairs, where many retail traders
got burned. Consider you have these strategies in your arsenal. Then consider how many different
currency pairs there are. You are probably now starting to understand, how many times you can use
this to your advantage on a daily basis.
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Figure 3

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Dumb money is the name given to worst case trades, where retail traders are committing themselves to
the direction of the trend, just before it is reversed. This is where smart money comes in and eat the
dumb money. In Figure 3, dumb money traders are in buys at the red line area, who then become
trapped or stopped out after the market decides to go down.
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Figure 4
Pay attention to details in Figure 4 and see how the market maker formed the uptrend with several
touches along the dynamic support line, making sure every old and new trader can see it. Then price
was pushed above dynamic resistance to induce even more buys. What is better than a resistance that
is broken in an uptrend to buy?

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Figure 5
Forming these fake resistance and support areas in Figure 5 does not always mean that price is
reversing. In order for the market maker to move the price up they need someone selling on the other
side right?! They have to create a situation or setup that dumb money is looking for them to induce
them into commitment and risking their money. Based on this, we are basically looking at the concept
of: problem, reaction, solution.

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Figure 6
In Figure 6 we have another example. There is an obvious downtrend and rejection after rejection on a
fake support within it. These touches are actually validating themselves to retail traders who are look
for higher highs and higher lows. The market maker then tells the retail traders “your wish is my
command”. They form an uptrend and provide all the necessary confirmations for dumb money to
commit to buys. Even all the different indicators show when the price is making higher highs, you
should BUY, but what actually happens? That’s right...SELL.
By now you may be shaking your head in disbelief and and/or anger. If it is too much for you just
drink some water and take some time to digest what you have just read, because this is just the
beginning of how shady and unfair this game actually is.

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Figure 7
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Figure 8

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Figure 9
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Figure 10
The chart patterns in Figures 7, 8, 9 and 10 are so repetitive! It’s just same sh*t different day #SSDD

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Figure 11
Can you spot the fake induction trend in Figure 11 to induce sellers so they can buy from you? Are you
beginning to understand it now?
These charts are equipped with DMA, which is an indicator of my own concept and design.
The #DMAHACK is a method I developed, backtested and ultimately created myself. It is a hack of all
the traps of moving averages. This strategy is not available anywhere on the internet. The only way to
gain further knowledge about it, is to contact me directly via one of the methods on page 2.

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Figure 12
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Figure 13
DON’T LET YOUR MONEY BE DUMB! This is called the whipsaw. It is when price ranges
relatively quick extreme highs and extreme lows on the chart. This enables the market maker to trap
and/or liquidate the positions of both buyers and sellers sides (Figures 12 and 13).

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Figure 14
This is getting really ugly (Figure 14)!
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Figure 15
#SignatureTrade all over the place in Figure 15. You can learn more about signature trade using the
Forexia YouTube channel link from page 8.

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Figure 16
You can see a 3 induction trend in Figure 16. An induction trend is where a smaller trend forms and
goes against the larger trend, it is inside. They simply need sellers because they are about to go all the
way up!
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Figure 17
You can clearly see the daily and weekly structures, along with every single manipulation patterns in
Figure 17.

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Figure 18
As shown by the blue arrows in Figure 18, my favourite setup is when the exact same candle is a
confirmation for both the smart and dumb trader. It is just a different direction and it feels so good
when you are on the right side of the trade!
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Figure 19
The weekly structure is really sexy (Figure 19)! Take the time to study it and make sure you master it!
This is the foundation of your building!

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Figure 20
In Figure 20 you can see the induction trend in the red channel during a downtrend, just before the
signature trade. There is further misdirection in Figure 21. Trap after trap after trap!
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Figure 21

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Figure 22
In Figure 22 we can see the resistance being validated by the red line, leading to a lower low. Then in
the tall blue rectangle there is a stop hunt to the lows and then BOOM, price goes up!
The stop hunt broke the resistance, flipping it into support in an uptrend. Then immediately went
below support again. How is that possible? Easy, by stop hunting the buyers of that new support. What
happens next? It is showing respect and then again on the lower low, right before the upward move.
This is basically the last attempt by the market makers to accumulate sell orders. Come on, how dumb
can it be? #WDMD

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Figure 23
Observed again in Figures 23, 24, 25 and 26.
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Figure 24

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Figure 25
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Figure 26

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Figure 27
The chart in Figure 27 is really special, as it is one of my favourite setups. It is when the market
makers validate support or resistance over a period of time, then induce retail traders a bit more, before
running towards their stop which can be anywhere from 30 to 75 pip from the zone. Beautiful and
extremely cruel!
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Figure 28

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Figure 29
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Figure 30

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Figure 31
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Figure 32
The setup is repeated again in Figures 28, 29, 30, 31 and 32. The manipulation should be obvious to
you now. Easy, easy induction trends being created by the market makers.

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From hereon, I will share several charts with very little commentary (Figures 33 -85). Make sure you
read the notes on the charts and see if you can spot the trends, inducements, manipulation and traps.
Observe, study and understand!
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Figure 33
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Figure 34

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Figure 35
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Figure 36

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Figure 37
When Price trend in a direction so obvious and make the trade looks super simple then you have to be
ready for Reversal that is aiming for all those trend follower’s liquidity which is the zone or an area
where they have their stop loss, this is when i say “sexy trade alert”!
Why is it sexy? Because there is an excellent opportunity to enter on the top of the uptrend that was
formed over several days, which goes right to the bottom in a relatively shorter time. This is also when
banks have their money involved in the market in higher volumes than normal. When you trade
alongside the ‘big boys’, your chances of successful trading increase dramatically.

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Figure 38
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Figure 39

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Figure 40
News events are the best for successful trading opportunities, if you know what’s up (Figure 40). This
particular setup is due to Non-Farm Payroll (NFP) news. It is released on the first Friday of every
month and it is one of the most violate news events in the Forex market, making it a prime target for
traders to win big if they know what they are doing.

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Figure 41
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Figure 42

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Figure 43
By this point, I’d imagine you are either blown away or confused. If you are the latter, promise to me
you will learn and study further, after which you will revisit this book. Hopefully, you will see what I
see.

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Figure 44
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Figure 45
The market makers formed support and induced as many people as they could, so they could drop the
price hard (Figure 45).
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Figure 46
Resistance is suddenly broken and retested as support is in an uptrend (Figure 46). These are so many
confirmations to BUY for dumb money! However, we know better so we SELL! #WDMD

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Figure 47
Trap city ……
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Figure 48
Here we can see the market makers worked on the resistance for 3 days, just to break the sh*t out of
it…in 1 day (Figure 48)!

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Figure 49
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Figure 50

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Figure 51
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Figure 52

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Figure 53
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Figure 54

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Figure 55
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Figure 56

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Figure 57
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Figure 58

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Figure 59
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Figure 60

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Figure 61
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Figure 62

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Figure 63
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Figure 64

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Figure 65
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Figure 66

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Figure 67
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Figure 68

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Figure 69
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Figure 70

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Figure 71
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Figure 72

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Figure 73
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Figure 74

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Figure 75
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Figure 76

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Figure 77
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Figure 78
Just because overall price is in a downtrend doesn’t mean you sell it. You have to understand the
pattern (Figure 78).

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Figure 79
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Figure 80

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Figure 81
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Figure 82

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Figure 83
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Figure 84

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Figure 85

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Conclusion
This book took me several months to fact-check, collate and write. I appreciate the time you have
taken to read it. I know how you must feel. All of this information can be quite overwhelming at first.
This is why you have to BACKTEST.
You cannot become a professional player of any game, unless you have practiced enough! The same
principle applies in the Forex market as well. How can you expect results to go your way, unless you
have spent the time to practice? So BACKTEST, BACKTEST and BACKTEST. As my friend
Brandon says “backtest until your eyes bleed”!
To summarise all of the charts I have shared with you, they show how much manipulation goes on to
try and separate you from your hard earned money. If you are a trader who is serious about upping
their game, this book could be the most important thing you read today, this week or this month. Take
advantage of the knowledge in this book, learn the setups and identify the traps I have shared with you.
You can thank me later.
However, reading this book alone is not enough for you to succeed as a retail trader. Unfortunately, as
there are no shortcuts, you must put in the hard work of doing your own independent research as well.
I cannot stress enough, how important it is for you to understand the daily and weekly structures in
Forex. When you do all of this, it will be your path to the profits you seek.
Finally, there are individuals, groups and institutions with huge amounts of money behind them. They
make even more money when they successfully trap huge numbers of smaller retail traders like you,
every single day. If you are going to trade profitably, then you need to be on the correct side of the
trade. They are experts on being on the correct side of the trade. So why would you trade against
them? Smart money would trade with them. Dumb money would trade against them! Which would
you rather be? Good luck and happy trading!

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Author: Golden Pips Generator

What Dumb Money Do 1

Contact Information and Social Media

What Dumb Money Do 2

Special Thanks and Acknowledgements

What Dumb Money Do 3

What Dumb Money Do 4

What Dumb Money Do 5

‘Broken support is now resistance’.

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This is getting really ugly (Figure 14)!

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Observed again in Figures 23, 24, 25 and 26.

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