Show Buttons
Share On Facebook
Share On Twitter
Share On Google Plus
Share On Linkdin
Share On Pinterest
Share On Reddit
Share On Stumbleupon
Hide Buttons

Tag Archives: course

The Secret To Successful Forex Trading

What does the market do everyday?

If you think about it logically the market can do 3 things every day. It can go up, it can go down, it can go sideways, but it always does something. The market does not stay at the same price for 24 hours, its always moving, it never stays still, and if its moving, its moving for a reason, and if you understand why its moving, then there are opportunities to make money from those moves.

what does the market do every dayMost traders fail to understand why the market moves as it does.

They think price goes up because people are buying, they think price goes down because people are selling, and they think the market goes sideways because people are not buying or selling.

That can sometimes be the case, but its not always the case. Most traders react to what they see on the chart, if they see prices going up they buy. If they see prices going down they sell.

So why is it that 95% of traders lose money, if they are doing what the chart is telling them to do?

Why traders lose money in the market.

The reason most traders lose is because they buy when they should be selling, and they sell when they should be buying. The reason they lose is because they buy when prices go up, but because they don’t know why the price is going up, they don’t know how long to hold the trade for, when prices then reverse they get stopped out. The same applies if price is going down.

why do traders lose moneyHow much money would you be able to make if you knew why price was going up or down, and you knew how long you could hold your trade for to make maximum profit. Not because of buying or selling, but because of some other factor that’s making price move.

So you have had no success with buying or selling into a move, so you try to catch the bottom or the top of a move. Prices start going up, so you sell. Prices start going down so you buy. Prices keep going so you add to your losing trade, and prices still keep going. When you have been stopped out prices then reverse.

Why did you lose your money? For the same reason that you lost it before. Because you were buying when you should be have been selling, and you were selling when you should have been buying. Whether you are trend trading, or counter trend trading you need to know why prices are moving, and whether you should be buying or selling.

Its not just as simple as buyers or sellers. Prices move for many reasons, and you need to know that reason before you enter a trade, so you are on the right side of the move.

Understanding the Forex market.

understanding the forex marketI get a lot of calls from traders that think i have some sort of magic formula for trading the markets. A holy grail, or a guaranteed method for Forex trading success. Well guys i have to confess that i don’t have such a thing, as such a thing does not exist. No one knows with a 100% confidence what will happen next in the Forex market. But if you fully understand what is making prices move, and take high probability trades based on that understanding, then you can be a successful trader.

I am not the master of the market, or a Forex trading guru, and i cannot promise you untold riches by enrolling on my training and mentoring program, but what i can promise you is that i will teach you what you need to know in order for you to be successful, and if you devote the time required to learn what i teach, then you will be a consistently profitable trader.

Embrace new ideas and beliefs.

How i trade, and what i teach is very unlike what you may have come across before, and it can take some traders longer than others to fully embrace what i teach, and adapt their trading strategies accordingly. It can be a struggle for some traders to get in the mindset of how a professional Forex trader thinks, and how he trades.

the truth about ForexIf you have been trading for a number of years and losing money all that time, it can be hard to let go of your learned behavior, and look at the market in a different way. Some traders however, will see my stuff as a light bulb moment in their trading journey, and my teachings will literally transform their trading overnight.

So to any prospective students reading this, if you are considering coming on board with me, please have an open mind, and be prepared to embrace new ideas and thought processes about how the market works. What i have to say will turn your understanding of the market on its head, so be prepared for some shocking revelations.

Use your understanding to trade with confidence.

I trade Forex with confidence and an unrivaled understanding of the forces that drive the market. My entries and exits in the market are based on high probability reversal points.

trade with confidenceSome of my entries and exits are so precise, that it does sometimes seem like the market is dancing to my tune, which has prompted some of my students to ask me if i have a contact on the inside, someone feeding me information on where to enter and exit the market. 🙂

It does sometimes look that way, but i can assure you i do not have a contact on the inside, and there is no slight of hand involved.

Everything i trade and teach is based in what the chart is telling me to do. I am not going to go into detail about how i trade, and how i teach, but its all based on market knowledge. All the information you need to do what i do is contained within the chart.

Don’t waste time and effort with free education.

free forex educationThere are many Forex training companies, or individuals that will give away free information, or make videos of how you should trade the market. There are 1000’s of free videos on You Tube that you can spend years trawling through. I respect those people for taking the time to put together training videos to help people learn how to trade Forex. But the sad fact is they are a waste of your time and effort.

You have heard of the saying you don’t get something for nothing, well its true 99% of the time. You can spend a few years going through all this stuff on You Tube, and don’t get me wrong, its entertaining stuff, and you will learn a lot of the basics, but as far as making money goes, there will be very little in there that will help you in that regard.

The secret to successful Forex trading.

I am going to give you something now that will help you in your journey to becoming a profitable trader. This is a very important part of what i do, and in my opinion is the real secret to successful Forex trading.

the secret to forex trading successMost people think the Forex market is random, but its not. I have been in this business long enough to know that no matter how random it looks, its not random. The market is very structured. The same things happen, time and time again in the market, and when you understand the market as i do, you can easily pick up on these recurring events, and use them to make a profit from the market.

This is what i teach you in my training course. I teach you to recognise the recurring events in the market, and how to profit from them. And i am not talking about chart patterns, like head and shoulders. Although head and shoulders are a very good pattern, if you know how to trade them correctly.

I am not talking about buying and selling at trend lines, or support and resistance levels. I am not talking about Elliot Wave, or Harmonics, or Moving Averages, or MACD or Bollinger Bands or any other indicator that you can find to give you trade signals. What i am talking about here are the guaranteed moves in the market that happen every day.

Use what you know about the market to make money.

what-do-you-knowThis may seem like a strange statement, but try and think about what i have just said.

Use what you know about the market to make money. Think about what you know about the market, and what makes price move. What do you really know, with the highest probability? Work out what you are most confident about, and trade based on that.

If you are unsure about how price is going to move then don’t trade. You need to focus on probability to be successful. Be proactive in your trading not reactive. Analise the market for probability, and trade when the probability of a successful trade is most in your favor.

Thanks for visiting my site, and have a great day. 🙂

193 Pips On Thursday For One Of My Students.

193 Pips on Thursday For One Of My StudentsHi folks, apologies for not updating the site but i have been very busy during the week and i have been enjoying my weekends. I got into this business to have more free time, but since i have started teaching i am getting less of it. 🙂
I do enjoy teaching though, and it gives me great pleasure to see my students doing well. Its also summer, and i want to be out enjoying the weather while it lasts. I do like the nice weather and we get so little of it in the UK, so i am trying to make the most of it before the long winter comes along.

Trading over the last few weeks and been good, not as good as it should be as i have been focusing on helping my guys understand what i teach, and i don’t teach and trade at the same time, but i have still banked over 700 pips so far this month. Considering i have been out enjoying the sun and teaching for most of the month, i am quite happy with that. Its not all about the money, its about enjoying life too.

My students are doing very well though, my best student made 193 pips on Thursday, and regularly gets over 100 pips per day. I am over the moon with his progress so far, and he will have many 200 pips plus days i am sure of that.

My target, and the target of all my students is 100 pips per week, but if you get stuck in you can easily make 100 pips per day. A lot of people who read this blog do not believe how successful my stuff is, and how well it works, but if you decide to trust me and come on board, you will soon see how powerful my stuff is, and how easy trading can be when you understand how to read the charts. My guys are taking their trading to a whole new level based on what i teach them.

Its very rewarding for me to know that i am teaching a method that works consistently for every person that uses it. I know it works, as i have been trading like this for years, but when you are teaching someone else how to trade, you always worry that they will not understand it, or you may not be able to convey the information. But so far so good, all of my guys are learning my stuff, and are very happy with how i teach it.

So if you are reading this post and you are one of the 95% that are struggling to make consistent profits from your Forex trading, please get in touch with me. I can guarantee 100% that what i teach you will take your trading to a whole new level, and your investment in my Forex training course will be the best investment that you will ever make in your Forex education. 🙂

Weekend Trading Update. 14 Trades 463 Pips.

Weekend Trading Update. 14 Trades 463 PipsIts not been a great week trades wise. I have had to look at another 2 pairs this week to get my pips up a bit. I traded Ozzy Yen and Dollar Yen this week, along with my regular 4 pairs. I am going to start trading those 2 pairs full time from next week i think. So i will be trading 6 pairs in total.

It was a pretty quiet start to the week. Tuesday was a funny day again this week. That’s 3 weeks in a row now that i have struggled to get a trade on Tuesday. We did have a good end to the week though with some nice trades on Thursday and Friday.

Here are the trades i took this week.

Monday i took 2 trades for a total of 47 pips. I took Dollar Yen long at 9331 up to 9352 for 21 pips. I also took Euro Yen long at 11956 up to 11982 for 26 pips.

Tuesday i managed to get one little trade on Euro Dollar long at 12834 up to 12849 for 15 pips.

Wednesday i took 2 trades for a total of 69 pips. I took Cable long at 15102 up to 15140 for 38 pips. I also took AUD JPY long at 9703 up to 9734 for 31 pips.

Thursday was a good day. I took 6 trades for a total of 210 pips. I did get a loser on Thursday though on Euro Yen, which i closed for a 6 pip loss. I took EJ short at 12237 down to 12223 for 14 pips. I took it short again at 12254 down to 12244 for 10 pips. I also took Euro Dollar long at 12747 up to 12766 for 19 pips. I also took AUD long at 10386 up to 10433 for 47 pips. I also took EJ long at 12396 up to 12522 for 126 pips, this trade was closed automatically early Friday morning. My loser was EJ short at 12219 which i closed at 12225 for 6 pips loss.

Friday was another good day. I took 3 trades for a total of 122 pips. I took Cable long at 15200 up to 15238 for 38 pips. I also took EJ long at 12543 up to 12597 for 54 pips. I also took AUD long at 13055 up to 13085 for 30 pips.

Total trades for the week 14. Total pips 463.

If you want to learn how to trade with high probability please see my Forex training course.

If you are trading next week, have a great week. 🙂

Weekend Update. Euro Rallies On Speculation Of Cyprus Resolution.

Weekend Update. Euro Rallies On Speculation Of Cyprus Resolution.The Cyprus problem is still with us, but Euro pairs rallied today on speculation that a resolution to the bailout problem would be forthcoming.

Discussions are currently on going and the latest word on the street, is that they will have a deal either tonight, or at some point over the weekend.

They need to find approximately 6 billion Euros for their share of the EU bailout proposal, and the idea of taxing bank deposits to get that money did not go down very well with the Russians, or Cypriot savers. So this i feel is the problem. They need to tax deposits in such a way as to keep the majority happy. I believe the solution will be to take a higher tax from the most wealthy individuals, thus upsetting a few that can well afford the tax, rather than hitting the many that cannot.

I have had a good trading week. I did get a losing trade on Euro Yen yesterday which cost me 30 pips, but i more than made up for that today with 3 Yen trades for 129 pips.

Here is the update for the week.

Monday i took 2 trades, both on Euro Dollar. I took it long at 12935 up to 12970 for 35 pips. I also took it short at 12993 down to 12950 for 43 pips.

Tuesday did not look at all promising at the start, and i did not think i would get a trade as the markets were going sideways in a pretty tight range. The price action was very poor. We did get a bit of movement late on, which gave me 2 long trades. I took Euro long at 12846 up to 12886 for 40 pips. I also took EJ long at 12186 up to 12250 for 64 pips.

Wednesday i had 3 little trades. One Cable long at 15039 up to 15070 for 31 pips. I also took EJ short 12392 down to 12362 for 30 pips. I then took EJ short again at 12445 down to 12414 for 31 pips.

Thursday i took EJ long at 12396 which i closed out at 12366 for a 30 pip loss. 🙁 I then took EJ long again at 12310 up to 12349 which gave me 39 pips. I then took it long again at 12274 up to 12311 which gave me 37 pips.

Losing trades are not nice, but they do happen from time to time, but if you have a good understanding of the markets you can quickly recover from a losing trade. It used to really bother me when i had losing trades, but because i have complete confidence in what i do, i know i can recover the lost pips easily.

Today was a good day. I could have had 300 pips plus today if i had held on to my long Yen positions, but at the time we were in a strong downtrend, and i thought it prudent to bank my pips just in case the Yen pairs continued the move down.

The first trade of the day was Euro Yen long at 12185 up to 12225 for 40 pips. This trade did go against me initially, but i was confident it would be a winning trade so i held onto it and added to it at 12156. I closed that position at 12225 for 69 pips. I also took at little trade on Dollar Yen at 94.30 which i closed at 94.50 for 20 pips.

Total trades for the week 13. 12 winners 1 loser. Total pips 449.

Don’t forget, if you want to learn how to trade Forex the right way, please consider my Forex training course. It will be the best investment in the Forex business you will ever make, i can guarantee that. 🙂