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: forex

My New Forex Training Course.

My New Forex Training CourseAs some of you already know i recently launched a new Forex training course called learn to trade in 5 days, and i thought i would post an update on how that’s going.

The course teaches my number one trading strategy, and is an alternative and more affordable option to the full 20 or 40 hour courses in which i teach all of my strategies.

I had a good feeling about it when i decided to offer it, and the response to it has been very encouraging.

I would like to thank everyone that has signed up for the course so far. Some traders have taken the course already, and some are waiting to start.

The feedback i am getting from the people that have taken the course is very good indeed, as is the feedback from the 20 and the 40 hour courses. I have had a couple of traders say that i need to post some feedback on the site to let others know how good my stuff is.

Now i am not the type of person that goes in for pages of made up feedback testimonials to encourage people to part with their hard earned money, but having a few genuine testimonials from real traders who genuinely want others to benefit from what i teach, is only going to be a good thing.

I have many visitors to the site, that look at my courses, but for whatever reason, probably the price đŸ™‚ decide not to contact me. Now let me just say this to all of those people that visit the site and click away.

If its the price, then i understand. If its not affordable then what else can you do. But to those people that can afford to pay me to teach them, i would like to say this. Please please please please please do not get me confused with all the other charlatan educators out there. If you have been scammed, ripped off, cheated out of your money by these crooks, then i feel very sorry for you, but i am not one of them.

I had an email from a guy yesterday that had paid over £20,000 in the last 5 years to these crooks. He is now having to take out loans to pay for his healthcare because hes lost all his money. It makes me sick, it really does. But these charlatans do not hide in the shadows, waiting to pounce. They are all there in plain sight, so called professional traders with flashy websites telling you how good they are, and how many people they have successfully taught how to trade.

I am not going to name them as they will probably sue me. They have very lucrative training businesses to protect after all, but please do not fall for their lies. These people do not care how much money they take from people, or how many lives they ruin, they are not professional traders, they are con men pure and simple. If you want to learn how to trade you have to pay a real professional trader to teach you, not a professional marketing guru.

What i am offering to teach you, you will not get anywhere else. What i can teach you about this business will change your life. If you want to be a successful profitable trader then email me, give me a call, or Skype me, and listen to what i have to say.

I will be getting together some testimonial’s/feedback for the new training course next week. So please check those out when they are on the site. Once again i would like to thank those who have put their trust in me. I have enjoyed teaching you, but not as much as you have enjoyed learning from me. 😉

Thanks for visiting my blog, and have a fantastic weekend.

10.01.2017. Reviews can now been seen here.

Will The Fed Tolerate A Stronger USD For Longer? – Credit Agricole.

Given that US financial conditions have tightened of late, investors will also want to know if the Fed will tolerate further tightening (eg, USD appreciation). The Fed should deliver a 25bp rate hike but may keep its economic and policy outlook little changed, opting to wait for more economic data and details on the upcoming Trump stimulus. At the same time, Yellen may signal willingness to tolerate further tightening in US financial conditions in view of the latest rebound in US inflation expectations and given the resilience of risk sentiment at home and abroad.

C81.PNG

Given the latest USD underperformance, the bigger surprise for the FX markets could be indications that the Fed would tolerate higher UST yields and a stronger USD for longer, as well as any potential revisions to the 2018 dot-plot to reflect the recent drop in the unemployment rate below the Fed’s NAIRU.

This could help USD regain some lost ground vs commodity and risk-correlated G10 currencies if further tightening in global conditions starts eroding market risk sentiment. AUD could be vulnerable to potential disappointments from the upcoming data out of Australia and China. We keep open our short AUD/USD trade.*

The BoE, the SNB and the Norges Bank will also meet next week but should keep policy unchanged. That said, the MPC could see the latest disappointing UK data as confirmation of its cautious macro outlook and reiterate it will keep policy very accommodative in the face of surging cost–push inflation. This could keep the headwinds in place for GBP against USD. EUR/GBP could start consolidating after the recent sell-off following the Italian referendum and December ECB meeting.

Forex Volume Set To Rise. USD JPY To Stabilize – Credit Agricole.

Article Courtesy of Credit Agricole.

The views expressed in this article are the opinion of Credit Agricole FX market analysts. Please feel free to share.

The holiday season is in full swing and for some this may mean that markets will settle down as liquidity dries up in the coming weeks.

Our evidence suggests that Forex volume tends to go up in August, however, data releases and events can trigger renewed spikes of short-end vol across G10. It remains to be seen whether the combined effect of the multitude of idiosyncratic shocks will be sufficient to fuel a broader risk off move. Even so, we have added to our portfolio a long XAU/CHF trade as a risk-off hedge. Another interesting strategy is to identify cheap FX volatility to benefit from accentuated market moves on the back of event risks and thin market liquidity ahead.

Next week’s data calendar is laden with data releases like US non-farm payrolls, and events like the BoE Inflation report and the RBA policy meeting.

The BoE inflation report may struggle to exceed the dovish market expectations ahead of the August inflation report, and that could help GBP consolidate more broadly. We remain long GBP/CHF going into the release. Investors are looking for another solid US payroll and earnings data.

JPY should remain in the spotlight ahead of the announcement of Abe’s fiscal stimulus next week. We expect Japanese stocks to recover some more as a result and that should help USD/JPY stabilize.

Ahead of the RBA, markets see a greater than 50% chance of a rate cut. We also see a non negligible risk of policy action and stick to our tactical AUD/USD short. The FX options markets do not seem to be pricing in a significant scope for spot moves making AUD short-term gamma an interesting buy as well.

That said, we remain bulls on AUD/NZD over the longer-term, and expect the upcoming NZ unemployment and inflation expectations data to fuel rate cut expectations ahead of the August RBNZ meeting, and keep the cross supported. Potential disappointments from Chinese PMI data could keep both antipodean currencies under pressure against USD.

credit agricole

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 đŸ™‚