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Forex trading is the best job in the world.

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Making money is easy if you know how to trade.

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I will teach you how to trade like a pro.

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Education is a journey to a better life.

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Knowledge is the key to success.

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The Binary Options Scammers Are At It Again.

Rob Taylor Forex TraderI have noticed in recent weeks that more unscrupulous Binary Options brokers are once again using my name and company to promote their scams.

This is how it works. They scammers build doorway pages and submit them to Google and optimize them for keyword rich search terms like Rob Taylor Forex, and Rob Taylor Trade Forex Make Money.

When searchers click on these pages thinking they are going to my site, or a site related to me they are then forwarded on to a Binary Options website.

These unethical methods of manipulating search engine results are banned by Google, but still they list these scammers in search engine results.

I have emailed Google numerous times about this unethical practice but they still let these scammers do this. Its wrong, unethical and an infringement of my intellectual property rights.

My legal team are on the case, but these things take time and its unlikely Google will remove these doorway pages from its search results and time soon.

So for the record. I have not, and will not, at any time, past, present, or future, promote any products or services related to Binary Options.

If you see any promotion of Binary Options with either my name or my company name mentioned anywhere in search results please ignore it, because its a scam.

I am a professional Forex trader and mentor. I have never traded or will ever trade Binary Options, and any company or individual that promotes my involvement with these scams is breaking the law, and my legal team will take action against you and your company.

I promote my Forex training course and my managed Forex accounts service nothing else. Thank you for your understanding and have a great day.

FOMC Minutes Preview.

BofAML: The dichotomy between dovish remarks from Fed Chair Janet Yellen and more hawkish comments by several of her colleagues on the Federal Open Market Committee (FOMC) sets the stage for the March minutes. The shift lower in the dot plot was accompanied by modest downward revisions to the outlook, with an outright majority of FOMC participants expecting just two hikes this year. At the same time the Committee was unable to agree on a balance of risks, and the mixed messages of post-meeting speeches suggests underlying disagreement. Thus the minutes may give important insight into the nature and degree of discord, particularly among the voting members. We expect the minutes to sound somewhat more hawkish than Yellen’s recent remarks, if for no other reason than more hawkish views will be represented.

The market’s primary focus will be on the likely timing of the next rate hike. We expect most Fed officials to support keeping every meeting “live,” as well as for several to suggest that hiking at one of the next few meetings could be likely under their forecasts. The main division among the participants should be the assessment of risks, particularly around global economic and financial developments. Details about those concerns would be noteworthy. So too would be any indication of whether a majority saw on net balanced or downside risks. If the main concern was that the outlook had recently become more uncertain, that could fade in plenty of time for a June hike. The other big issue will the inflation outlook. Despite the recent rise in core inflation rates — which would seem to exonerate the FOMC’s long-held view that low inflation was “transitory” — Yellen has noted the slippage in inflation expectations and residual slack in the labor market. These factors likely contributed to her lack of conviction. How widely shared her skepticism on an inflation pickup are will be notable as well, as that should strongly influence the pace of rate hikes.

Finally, discussion of a slower trend rate of productivity growth would be noteworthy. With slower productivity growth, the terminal funds rate may be lower while inflationary pressures and thus the speed of normalization would be faster. Yellen alluded to some debate on the FOMC regarding this issue, but so far Fed officials do not appear to have embraced this possibility. We think that could happen over time, which could materially change market expectations for the tightening cycle. 

Barclays: We look to the minutes of the March FOMC meeting to provide context for the surprisingly dovish policy statement and downward revision to the median path of the dots. Several regional Federal Reserve Bank presidents have noted that the April meeting remains “live” for rate hikes if the data hold up. Since then, however, Chair Yellen indicated that she sees downside risks to the outlook stemming from abroad. “Live” need not equate to probable.

We expect the minutes to provide a clue as to whether the March policy statement, which again refrained from characterizing the balance of risks, represents a compromise between a more dovish Chair and relatively hawkish committee members. That is, we look once again to the minutes to judge the extent to which the committee remains sharply divided between those who would prefer rate hikes and those who would prefer for policy to remain on hold

RBS: The Fed Funds rate “dot plot” chart revealed that most FOMC members revised down their expectation for the appropriate path of the Fed Funds rate in March. But even if most members saw it appropriate to submit a more accommodative path for the Fed Funds rate, there does appear to be a rift of sorts between members over how strong the impact of a global growth slowdown will have on growth at home.

The March meeting minutes, which detail the discussion and debate at the meeting, may appear more balanced than Chair Yellen’s press conference as it will include the cautious views taken by many on the leadership and some of the more constructive outlooks taken by regional Fed Presidents.

But even so, given Chair Yellen’s dovish press conference in March reflected the view of the committee as a whole and most members felt it was appropriate to revise their dots lower, the core takeaways from the minutes may lean dovish.

An Easy Way To Improve Your Trading Success Without Risking Any Money

Demo trading is not suitable for everyone.

Most traders start their trading journey by demo trading, which is a sensible way to start. Why risk real money in the market if you don’t know what you are doing.

forex demo tradingDemo trading is fine for new starters but some people find it difficult to stick to their trading plan as they are not trading with real money.

I had a real problem taking demo trading seriously when i first started, so i pretty much went on to live trading very quickly, and lost money, as most people do.

If you are like me and you have the same problem with demo as i did. You will probably be doing the same things i did.

Things like, not stopping yourself out of a bad trade on demo as you are not losing real money.

Sitting in bad trades and waiting till they come back. When they don’t come back you blow the account, but it does not matter because its only demo, and you can easily open another account.

Trading with too big a lot size to increase the demo quickly, to give yourself an ego boost, so you can convince yourself you are ready to go on to live trading.

Jumping in and out of trades, again to try and boost the account quickly to give yourself a false sense of trading success.

I have done it all, and this type of behavior is sub consciously reinforcing bad habits in your trading, which are very difficult to break when they are ingrained.

So whats the answer? Well the answer for me was to start live trading, and pay the market for my education, by giving it my money. But there is an alternative that could be the middle ground between live trading and demo trading.

Forex trading competitions.

forex trading competitionsI am sure many of you know about Forex trading competitions. Well if you don’t they are generally run by brokers or Forex related websites as a way of generating new business.

Anyone can enter these trading competitions for free. They give you a demo account, and the competition can last for a few weeks to a few months. They offer prize money, generally for the top 3 traders which can be anything from a few 100 dollars, to 1000s of dollars.

The good thing about using Forex trading competitions as a way of improving your trading success is you are accountable for your trades. You are trading against other traders so in order to progress up the list you have to stick to the plan. You cant trade recklessly as you do with demo trading.

The problem i found with demo trading is there is no reward at the end, so its difficult to take it seriously in my opinion. By using trading competitions there is something to play for, an objective, and that is to win. You can win a great prize or a lump of cash without risking any money at all.

Trading competitions are not for everyone though, but if you are having trouble with taking a demo account seriously, then entering a trading competition is a viable alternative in my opinion to trading with real money.

Thanks for visiting my blog, have a great day :)

Price Increase For My Forex Training Course.

Forex trainingWell its that time of year again. 2016 is fast approaching and i have just celebrated my 50th birthday. Yeah i know i don’t look a day over 40, but my clock seems to be ticking even faster these days. Where does the time go.

On the subject of time, and the value of it, i will be increasing my prices for my training course at the end of this year. I have not had a price increase for 2 years and its long overdue. I am also getting busier with the management side of the business which is giving me less time in which i can teach.

I am giving almost 2 months notice to anyone that is thinking about taking my training and mentoring course to enable you to book my time at this years prices.

The price increase will be as follows.

The 20 hour course for experienced traders priced at at £3795, will rise to £4795.
The 40 hour course for new traders priced at £6995 will rise to £8995.

The prices for the earn while you learn, and the live trading room will stay the same.

If you want to book your spot for a January start, you can reserve your place at this years prices with a £1000 deposit.

If you want to start before January, i can probably take 1 more student for a start this year.

Please note: I am only looking for students that really want to trade at a professional level, and make a career of it. If you are looking for a get rich quick scheme then this is not for you.

What i teach you will change your life, but you must be prepared to work for it.

If you want the lazy mans way to riches, please check out my managed Forex trading option.

Thank you and have a great day. :-)