Bernanke is likely to allow a significant cut in the interest rate in December according to many economic experts. Among Forex traders this cut could have immediate affects as the value of the U.S. dollar is weakened but the economy strengthened. Interest rates play a very significant role in Forex trading as one of the most important fundamentals. The long term outlook for the U.S. dollar is currently bleak according to many experts.
Monday, December 3, 2007
Stochastics is a popular classic indicator that is used in trading any financial market including stocks, commodities, futures, and Forex. This video demonstrates how to make more sense of your technical analysis by adjusting the settings for different time frames or different currency pairs in Forex trading.
Tuesday, September 4, 2007
Sunday, September 2, 2007
Trading Forex with Patterns
While many traders are attempting to learn Forex trading they are taught trading strategies that actually prevent them from seeing the most important signals the market can reveal. It seems to be very common that Forex traders have numerous indicators on one chart and are trading the extreme short time frame with the intention of getting in and out quickly. One of the most important breakthroughs that I experienced was when I was using many indicators overlayed both in the price channel and in several indicator channels below price. One day I realized that I could not see what price was doing accurately and I took everything off the screen except the candles. Suddenly I realized that I had been totally blinded to what should have been obvious.
In most cases indicators do not really provide any useful information for making a trading decision. They simply follow price. There are more important things that many traders cannot see because of the way their charts are set up. And one of the most important things is the pattern that price forms. There are certain principles of price movement that are always telling a meaningful story as to whether the market is trending or correcting. What are the characteristics of a trend? When is a trend over? What signals the end of a correction and the continuation of a trend? These gems of information can be extremely valuable if it is your intention to actually learn Forex trading and have consistent profit in your Forex trading business.
Learn Forex
In most cases indicators do not really provide any useful information for making a trading decision. They simply follow price. There are more important things that many traders cannot see because of the way their charts are set up. And one of the most important things is the pattern that price forms. There are certain principles of price movement that are always telling a meaningful story as to whether the market is trending or correcting. What are the characteristics of a trend? When is a trend over? What signals the end of a correction and the continuation of a trend? These gems of information can be extremely valuable if it is your intention to actually learn Forex trading and have consistent profit in your Forex trading business.
Learn Forex
Friday, August 31, 2007
Economic Downturn Has No Effect on Forex Trading
When you learn how to successfully trade Forex, you will completely step outside of the world where people worry about whether the economy is rising or falling. Of course, the economy of your nation can affect the way you live and can affect your loved ones but your ability to profit in the Forex market is just not affected. When the U.S. Dollar is gaining strength you can profit. When the U.S. dollar is losing value you can profit just as easily. You need not even trade currency pairs that include the U.S. Dollar. You could focus only on the Great British Pound Vs. The Japanese Yen or the Euro vs. The Canadian Dollar. Another interesting thing to consider is that if the U.S. Dollar appears to be on a long term weakening trend you can hold your Forex trading account in another currency such as Swiss Franks, Euros, or Great British Pounds. In that case even if the U.S. Dollar is weakening your account will still be increasing in value apart from the profits you earn through your trading. Savvy Forex traders may shift the currency they are holding in their accounts from year to year as trends shift. The ablity to consistently profit through good and bad economic times is one of several reasons that make Forex trading the ideal business for those who recognize its benefits.
Trade Forex
Trade Forex
Wednesday, August 29, 2007
Trading With Emotions for the Forex Trader
One of the biggest challenges that I have seen recently in our own trading community is the tendency to make trading decisions based on emotions rather than the criteria that defines your entry signal. It is easy for me to say that if you get in when an entry signal occurs and get out when an exit signal occurs you will get profit. But many people find it difficult to do that. There are typically 4 reasons why some people do not see the same level of success that others do when using our Forex trading system.
1. They do not get in when there is an entry signal.
2. They get in when there is not an entry signal.
3. They do not get out when there is an exit signal.
4. They get out when there is not an exit signal.
The reason for these mistakes in almost every case is not because of uncertainty about what defines an entry or exit signal. It is usually some other reason based on emotions or intellectual rationalizing that has nothing to do with our method. Traders are sometimes afraid to get in when there is an entry signal. They wait and get in when the opportunity has already passed. Or after actually closing a good trade they try to get back in based on the fact that they are excited and want more profit even though there is no exit signal. Some of our students have expressed that they are unable to stay in a trade until an exit signal occurs because of the large amount of real dollars that is sitting in their accounts in unclosed equity of open trades. Many of us can relate to that experience but in time with experience and relaxation you can learn to stay in until the exit signal occurs and thus get much more profits on average.
There is a training video now available on this subject that is part of our free Forex trading video training series. You can receive all 8 of those videos by entering your e-mail here:
1. They do not get in when there is an entry signal.
2. They get in when there is not an entry signal.
3. They do not get out when there is an exit signal.
4. They get out when there is not an exit signal.
The reason for these mistakes in almost every case is not because of uncertainty about what defines an entry or exit signal. It is usually some other reason based on emotions or intellectual rationalizing that has nothing to do with our method. Traders are sometimes afraid to get in when there is an entry signal. They wait and get in when the opportunity has already passed. Or after actually closing a good trade they try to get back in based on the fact that they are excited and want more profit even though there is no exit signal. Some of our students have expressed that they are unable to stay in a trade until an exit signal occurs because of the large amount of real dollars that is sitting in their accounts in unclosed equity of open trades. Many of us can relate to that experience but in time with experience and relaxation you can learn to stay in until the exit signal occurs and thus get much more profits on average.
There is a training video now available on this subject that is part of our free Forex trading video training series. You can receive all 8 of those videos by entering your e-mail here:
Saturday, August 25, 2007
What Really Works In Forex Trading?
The knowledge that is shared in our Forex training program is not meant for everyone. It is indeed relatively simple and can produce virtually unheard of results consistently month in and month out through all market conditions. But it is specifically for a certain type of person. That person is someone who has a clear purpose for why she is starting a Forex trading business and a strong intention to succeed. I have been considering taking this course off the market and possibly making it available by invitation only to a few people who demonstrate this kind of clear intention in writing in an application. Of course everyone wants to make a lot of money in an easy manner that takes very little time and very little start up costs, but not everyone is meant to have this kind of information. Some people need to continue working in their jobs playing a productive role in society while the people who desire to serve humanity in other ways could benefit from this kind of business.
What really works in Forex trading? The methods that are revealed in our forex trading course and ongoing training videos, live webinars, and mentoring programs, are working extremely well for many people. Among those who know about these methods it is now well established and documented that this works and is a viable means of multiplying capital regularly creating wealth perhaps faster than any other method of trading and any other type of business that is available to the average person without a large amount of capital to invest.
Forex Trading Strategies
What really works in Forex trading? The methods that are revealed in our forex trading course and ongoing training videos, live webinars, and mentoring programs, are working extremely well for many people. Among those who know about these methods it is now well established and documented that this works and is a viable means of multiplying capital regularly creating wealth perhaps faster than any other method of trading and any other type of business that is available to the average person without a large amount of capital to invest.
Forex Trading Strategies
Thursday, August 23, 2007
Wednesday, August 22, 2007
Trading With Emotions
Emotions are a wonderful aspect of what makes us humans. Highly developed emotional sensitivity is a characteristic of the greatest among humans. Our emotions are part of the more refined aspect of our beings which allows us to experience such things as joy, excitement, love, compassion, etc. Our emotions are indicators that even provide guidance as the emotional guidance system for enabling us to make important decisions. Even so called negative emotions serve to tell us when something is not right in our lives and thus serve a positive purpose.
But when it come to trading Forex, futures, or any other financial instruments, our emotions should not be a part of the decision making process. In our trading community we have methods that are well established as the means of producing immense profits consistently for many students of our Forex trading education and mentoring system. But due to various emotional challenges some students are influenced to not enter a trade when the signal is present or to enter when the signal is not present. This is the primary reason that some students have limited success in trading.
Recently some traders were afraid to enter short and/or held an emotional bias toward the long term up trend on the Yen pairs. Some entered much later after the entry signal after the opportunity was past. Some made enormous profits and then entered again when there was no signal due to their over zealous emotions. Some traders are experiencing the problem of closing trades too early because they see large amounts of money in the equity in their trading accounts.
Once a trader can learn to make these decisions bases solely on the visual determination of whether the entry signal is present or not, success becomes much more attainable. Making trading decisions in a relaxed state of mind without any clouding influence from unrelated emotions is the key to long term success in the Forex trading business.
But when it come to trading Forex, futures, or any other financial instruments, our emotions should not be a part of the decision making process. In our trading community we have methods that are well established as the means of producing immense profits consistently for many students of our Forex trading education and mentoring system. But due to various emotional challenges some students are influenced to not enter a trade when the signal is present or to enter when the signal is not present. This is the primary reason that some students have limited success in trading.
Recently some traders were afraid to enter short and/or held an emotional bias toward the long term up trend on the Yen pairs. Some entered much later after the entry signal after the opportunity was past. Some made enormous profits and then entered again when there was no signal due to their over zealous emotions. Some traders are experiencing the problem of closing trades too early because they see large amounts of money in the equity in their trading accounts.
Once a trader can learn to make these decisions bases solely on the visual determination of whether the entry signal is present or not, success becomes much more attainable. Making trading decisions in a relaxed state of mind without any clouding influence from unrelated emotions is the key to long term success in the Forex trading business.
Saturday, August 18, 2007
Yen Pair Volatility Creates Amazing Profits!
This has been an extraordinary week if Forex trading. The recent volatility fueled by fear and confusion surronding the credit crunch and such things as news that Countrywide may go bankrupt etc. has enabled Forex traders in our community to capture amazing profits this week. Around the August 1st I had started demonstrating in our training videos and live conferences how the market was unfolding to produce clear entry signals to go short. Many traders in other circles were reluctant to go short and a lot of traders are afraid of volatility. A fear induced sell off is actually one of the best times to trade Forex because of the straight fast movement that can often be several hundred PIPS in one day. Many of our students sent me their results such as 2700 PIPS on several currency pairs in about 2 days. There was some initial confusion regarding how to apply our trading method during a correction. But once it was made clear that this movement was truly impulsive and a "trend" on the time frame we execute trades, our students began to boldly capture profits that created massive profits in real dollars for many.
Getting into a fast movement does not constitute a "luckly streak" using our trading method. Our students have been consistently getting in and out of trades with profit over and over and we have several recent examples of documented results in live trading accounts. Needless to say, we have some very excited Forex Trading enthusiasts in our midst and I hope to post some videos of their experiences in the next few days.
Forex Trading System
Getting into a fast movement does not constitute a "luckly streak" using our trading method. Our students have been consistently getting in and out of trades with profit over and over and we have several recent examples of documented results in live trading accounts. Needless to say, we have some very excited Forex Trading enthusiasts in our midst and I hope to post some videos of their experiences in the next few days.
Forex Trading System
Friday, August 17, 2007
Announcing the Most Powerful Forex Training Ever!
This year I have seen many students move from the category of being in the process of learning how to trade to actually getting amazing results in real dollars in their accounts using our Forex trading strategies. Every day I receive more e-mails and phone calls from students who are extremely grateful for what they have finally experienced through the training I have been providing, most of which has been for free as I have volunteered to help everyone reach their goals.
Many students have expressed an interest in having some kind of daily instruction where they can actually look over my shoulder and see exactly why I am entering a trade as I thoroughly explain and demonstrate the process of executing this Forex trading strategy. At first I was very hesitant to do this because of a potential conflict with my reason for trading which is to enjoy a life of freedom. After considering the possibility for several months I have finally realized that recording this process onto video and uploading it within an hour of my actual analysis would not require much more time than I already put into my trading business. In fact, I can use the recording process as a way of documenting my own trading rather than writing or typing it into a trade sheet.
So possibly this very weekend I am intending to roll out a forex training project that will be unlike anything ever done before. A few students will have the opportunity of a lifetime to make this they year they really master the art of Forex trading. A number of students are already achieving unheard of results and many relate that this Forex trading strategy is actually relatively easy. But not everyone can master this the first day. Those who are determined to make it work will persist over however many months or even years are necessary to be able to enjoy the benefits of what I consider to be the most ideal business in the world. I am really looking forward to this project and not only demonstrating what is possible in this business but also proving that anyone who has the desire can achieve the same results.
Forex Trading Strategy
Many students have expressed an interest in having some kind of daily instruction where they can actually look over my shoulder and see exactly why I am entering a trade as I thoroughly explain and demonstrate the process of executing this Forex trading strategy. At first I was very hesitant to do this because of a potential conflict with my reason for trading which is to enjoy a life of freedom. After considering the possibility for several months I have finally realized that recording this process onto video and uploading it within an hour of my actual analysis would not require much more time than I already put into my trading business. In fact, I can use the recording process as a way of documenting my own trading rather than writing or typing it into a trade sheet.
So possibly this very weekend I am intending to roll out a forex training project that will be unlike anything ever done before. A few students will have the opportunity of a lifetime to make this they year they really master the art of Forex trading. A number of students are already achieving unheard of results and many relate that this Forex trading strategy is actually relatively easy. But not everyone can master this the first day. Those who are determined to make it work will persist over however many months or even years are necessary to be able to enjoy the benefits of what I consider to be the most ideal business in the world. I am really looking forward to this project and not only demonstrating what is possible in this business but also proving that anyone who has the desire can achieve the same results.
Forex Trading Strategy
Thursday, August 16, 2007
Documenting This Summer’s Forex Trading Results
Lately I have been receiving more and more e-mails from students who are getting amazing results in their Forex trading businesses. Fortunately many students were able to see me demonstrating each step of the unfolding of the recent sell-off in the Yen pairs. Now most of our students are clear about the importance of seeing subdivisions on different time frames and while this movement is a correction to the up trend on the Daily and Weekly time frames, it was a beautiful down trend on the time frame that we execute our trades. I may post some of the e-mails I received this week of people who are so amazed at how well this works. One gentleman wrote that this method produces so much money that he is unable to wait for an exit signal when we sees several thousand dollars profit in open trades in his account. He has tripled his capital in the last couple of months. I have a screen capture of his account balance in his trading platform and several other people have sent me results including spreadsheets and screen captures. It is becoming well established in the trading world that our students are getting some of the best Forex trading results in the world. And they often comment about how relatively easy it is to do this. Why doesn’t the entire trading world see this? I believe that not everyone is meant to see it. I will write more about that topic later.
Oh by the way, I have some exciting news coming up about demonstrating my own trades and documenting the results for everyone to watch. I am excited about it and I think I might actually put the profit and losses only on here. Meanwhile I will be making a video of my personal trading every day and making it available for students of our course.
Oh by the way, I have some exciting news coming up about demonstrating my own trades and documenting the results for everyone to watch. I am excited about it and I think I might actually put the profit and losses only on here. Meanwhile I will be making a video of my personal trading every day and making it available for students of our course.
Saturday, June 16, 2007
Learning Forex Currency Trading Online
There has never been a better time to learn Forex currency trading online. Although there are many Forex training materials available online there are very few that will actually produce measurable results for most people. In the Forex trading industry there are many different approaches and strategies being taught and used. A few people are having extraordinary results with consistent profit and today’s technology enables any Forex trading entrepreneur to have access to the knowledge that those traders are willing to share.
A good place to start learning for free is in a forum. However, it has been my experience that some of the most popular forex trading forums are inhabited by the most negative people in the industry. Anyone who even makes a slightly positive comment about Forex trading will be attacked by the obviously unhappy losers who resent the idea that it is possible for others to easily succeed. Most forums will actually damage your ability to succeed rather than help. That is why our Forex trading forum was formed with the intention of helping and encouraging only. Negative comments are simply deleted and users who consistently display negative attitude are permanently banned.
A Forex video training course is one of the most effective learning tools for enabling students to master the art of trading. As opposed to live seminars which are also more expensive, Forex training videos can be viewed at any convenient time and replayed again and again. There may be sections that warrant repeated viewing while other sections can be viewed briefly or skipped. The video format for learning has proven to be extremely effective for learning trading principles quickly.
Live web conferences are another amazing tool for aiding the process of learning Forex trading. In a live web conference or webinar participants can interact in real time hearing the presenter speak and seeing her screen while explaining or demonstrating Forex trading entry signals. The presenter can also pass the screen sharing feature to any participant so that he can ask questions about what he is seeing on his charts. This medium has accelerated the learning process tremendously for many Forex trading students. It is this kind of technology that makes learning Forex currency trading online a very enjoyable and effective process.
Learn Forex Currency Trading Online
A good place to start learning for free is in a forum. However, it has been my experience that some of the most popular forex trading forums are inhabited by the most negative people in the industry. Anyone who even makes a slightly positive comment about Forex trading will be attacked by the obviously unhappy losers who resent the idea that it is possible for others to easily succeed. Most forums will actually damage your ability to succeed rather than help. That is why our Forex trading forum was formed with the intention of helping and encouraging only. Negative comments are simply deleted and users who consistently display negative attitude are permanently banned.
A Forex video training course is one of the most effective learning tools for enabling students to master the art of trading. As opposed to live seminars which are also more expensive, Forex training videos can be viewed at any convenient time and replayed again and again. There may be sections that warrant repeated viewing while other sections can be viewed briefly or skipped. The video format for learning has proven to be extremely effective for learning trading principles quickly.
Live web conferences are another amazing tool for aiding the process of learning Forex trading. In a live web conference or webinar participants can interact in real time hearing the presenter speak and seeing her screen while explaining or demonstrating Forex trading entry signals. The presenter can also pass the screen sharing feature to any participant so that he can ask questions about what he is seeing on his charts. This medium has accelerated the learning process tremendously for many Forex trading students. It is this kind of technology that makes learning Forex currency trading online a very enjoyable and effective process.
Learn Forex Currency Trading Online
Wednesday, June 13, 2007
Enjoying the Forex Trading Lifestyle
When I first learned about the Forex trading business a few years ago, I was unable to sleep at night with all the wheels turning in my mind as I contemplated the possibilities for the type of life this business could offer. I kept asking the same questions of my friend who was currently trading Forex. “Do you mean that I can live anywhere in the world or even travel continually while I am trading?” “Yes”, was his simple answer.
As soon as I saw the possibilities, I was determined to master this arcane art and make it work no matter how difficult others were saying that it is to succeed. Within 2 years I had sold my house and all my investment property and moved from the rainy Seattle climate to the sunny Southwest. Because so many of my mentors recommended trading the London session I had considered moving to other parts of the world so that I could trade at a time other than through the night when my body prefers to sleep. But after perfecting the method that I currently use I am able to look at my charts for about 15 minutes twice a day, never miss a trade and get more profit than I possibly could have gotten staying up all night.
Right now I live in Santa Fe and sometimes travel locally on “personal retreats” to Taos and Sedona. After a year of living here I decided to move to Aspen Colorado and take up skiing. Later this year I am planning to tour Europe visiting France, Switzerland, Holland, and Belgium. Because I like to have warm temperatures year round I am looking at a second home in Tucson or perhaps a more tropical climate in the South Pacific.
I am enjoying more time volunteering for the philanthropic organizations that I am most interested in. There are many lifelong dreams that I never could have done before that now I am in the process of fulfilling. Right now I am in the beginning stage of forming a studio for producing computer animated music video DVD’s to communicate my artistic messages to the world. When I studied this subject in college I knew I would never be able to have this kind of artistic freedom unless I owned the studio that produced these projects and had the time and funding to make it happen. Without the stress of my previous business, the constant driving and the uncertainty of whether this month would provide enough income to live on, my health has improved and I feel fantastic. I feel good about my life and my contribution to the world. Every day, I feel tremendous gratitude for the Forex trading business which provides this kind of freedom to make decisions without regard for job or business geographical ties. What will Forex trading do to improve your life?
Online Forex Trading Videos
As soon as I saw the possibilities, I was determined to master this arcane art and make it work no matter how difficult others were saying that it is to succeed. Within 2 years I had sold my house and all my investment property and moved from the rainy Seattle climate to the sunny Southwest. Because so many of my mentors recommended trading the London session I had considered moving to other parts of the world so that I could trade at a time other than through the night when my body prefers to sleep. But after perfecting the method that I currently use I am able to look at my charts for about 15 minutes twice a day, never miss a trade and get more profit than I possibly could have gotten staying up all night.
Right now I live in Santa Fe and sometimes travel locally on “personal retreats” to Taos and Sedona. After a year of living here I decided to move to Aspen Colorado and take up skiing. Later this year I am planning to tour Europe visiting France, Switzerland, Holland, and Belgium. Because I like to have warm temperatures year round I am looking at a second home in Tucson or perhaps a more tropical climate in the South Pacific.
I am enjoying more time volunteering for the philanthropic organizations that I am most interested in. There are many lifelong dreams that I never could have done before that now I am in the process of fulfilling. Right now I am in the beginning stage of forming a studio for producing computer animated music video DVD’s to communicate my artistic messages to the world. When I studied this subject in college I knew I would never be able to have this kind of artistic freedom unless I owned the studio that produced these projects and had the time and funding to make it happen. Without the stress of my previous business, the constant driving and the uncertainty of whether this month would provide enough income to live on, my health has improved and I feel fantastic. I feel good about my life and my contribution to the world. Every day, I feel tremendous gratitude for the Forex trading business which provides this kind of freedom to make decisions without regard for job or business geographical ties. What will Forex trading do to improve your life?
Online Forex Trading Videos
Monday, May 28, 2007
Making a Living in Forex Trading
Often people ask me if it is really possible to make a living trading the Forex market. I would have to say that it is definitely not possible to merely make a living unless you have no idea of what simple trading money management is. If you are successful in Forex trading and you understand what money management is, you will not just make a living but will create wealth relatively quickly. So I often tell people that if you are looking for a job, you might want to try Wal Mart. I hear they are hiring part time employees.
A good tool that can help you to understand how this works is a calculator. They can be purchased at most local stores for as little as $5.00. Then you might want to open a Forex trading demo account and place a trade. Observe what happens to the digits that display the profit or loss and get an idea of what the value of a PIP is in your account. Then you can develop a purely hypothetical trading plan.
After you have learned a little about how Forex trading works you should start to get an idea of what is a realistic expectation for results in PIPS over a given period of time. Then decide what a prudent risk management plan would be. Some say no more than 2% of your capital is a good number. That number is of course, based on a false industry belief that it is not possible to have a high win to loss ratio in Forex trading. Regardless, it is a good conservative number. Then simply start off with a number that represents the amount of capital you plan to start with and project what would happen if you were successful with a realistic win to loss ratio. How many PIPS will you earn? Win to loss ratio is the number of winning trades vs. the number of losing ones. Risk to reward ratio represents the average number of PIPS per loss vs. the average number of PIPS per winning trade. What will your average net gain be per day or per month? What will that do to your capital?
The next step is to note the amount of money you need to meet your living expenses. When the amount of your monthly profits is at least twice as much as the amount you need to live, begin taking out 50% of your monthly profits. From that point on you will make a living AND your trading account will increase each month while the amount you take out will also increase every month from that point on. What could be better than that?
Learn Currency Trading
A good tool that can help you to understand how this works is a calculator. They can be purchased at most local stores for as little as $5.00. Then you might want to open a Forex trading demo account and place a trade. Observe what happens to the digits that display the profit or loss and get an idea of what the value of a PIP is in your account. Then you can develop a purely hypothetical trading plan.
After you have learned a little about how Forex trading works you should start to get an idea of what is a realistic expectation for results in PIPS over a given period of time. Then decide what a prudent risk management plan would be. Some say no more than 2% of your capital is a good number. That number is of course, based on a false industry belief that it is not possible to have a high win to loss ratio in Forex trading. Regardless, it is a good conservative number. Then simply start off with a number that represents the amount of capital you plan to start with and project what would happen if you were successful with a realistic win to loss ratio. How many PIPS will you earn? Win to loss ratio is the number of winning trades vs. the number of losing ones. Risk to reward ratio represents the average number of PIPS per loss vs. the average number of PIPS per winning trade. What will your average net gain be per day or per month? What will that do to your capital?
The next step is to note the amount of money you need to meet your living expenses. When the amount of your monthly profits is at least twice as much as the amount you need to live, begin taking out 50% of your monthly profits. From that point on you will make a living AND your trading account will increase each month while the amount you take out will also increase every month from that point on. What could be better than that?
Learn Currency Trading
Tuesday, May 22, 2007
Forex Trading Insights, Breakthroughs and AHAS!
Since most of the trading world is clearly barking up the wrong tree and chasing their tails getting nowhere, it is evident that in order to consistently win we need to see the market in a different way from the rest of the herd. I remember the first Forex training course that I took charged me $1000 for the beginner’s section and another $1000 for the advanced section. In the beginner’s course I was taught to open up a one minute chart and divide it up into three sections and if the price was in the bottom section I should buy and if it was in the top section I should sell. It didn’t take me long to ask the question, “If the market is trending won’t it breakthrough all these lines and keep on going for days? I guess the instructors were not prepared for this question since this method was based on the totally false assumption that the market always channels on a 1 minute time frame. I often illustrate how this method is much like buying a car and then painting over all the windows and windshield. Then cutting a hole in the floorboard and attempting to drive by looking through that hole. The fact is you just can’t see where you are going by looking through that hole.
Later I learned other methods including using pivot points with trend lines, MACD and candlestick patterns. It didn’t take me long to figure out that if the price approached a pivot point one of two things could happen. It could hesitate or stop or it could keep on going. And soon I realized that looking at these lines was completely irrelevant to the natural forces that could reveal what the market was really doing. Basing a trading decision on a daily pivot soon became a useless concept to me.
I also noticed that all the managed Forex funds and automated Forex trading systems published results that were quite unimpressive. Sometimes they would win, then there were large draw downs and losses and it seemed as if even professionals were pretty much guessing and were totally at the mercy of the market’s unpredictability. Meanwhile I could see that there were clear signals and patterns in the markets that seemed to indicate that there is a way to easily get profits consistently. But others were somehow not seeing this. For instance one of the first things I realized is that most trading methods work well in a trending market and then they produce losses during a choppy, corrective or sideways market. So I immediately came to a revolutionary conclusion that no one else seemed to be noticing. Why not only trade in trending markets and avoid trading in choppy markets? What would that do to the results over the long term? Uhhh… It doesn’t take an Einstein or a rocket scientist to come to this conclusion does it?
In my quest for more Forex trading knowledge I went on to immerse myself in Elliott Wave Theory and Fibonacci. I delved into some of the mysteries of Gann. I saw many people doing many different things and I saw very few people consistently winning. In fact many seasoned professional traders seemed quite negative and pessimistic about the whole trading business. Meanwhile I was harvesting large profits consistently using a fairly simple method and wondering why people thought this is so difficult and why success seemed to elude most people.
Eventually a few acquaintances kept asking me about what I was doing which ultimately led to my authoring a training program that covers all of the insights, breakthroughs and “AHA”S that I have had over several years. The important message is that anyone can consistently get outstanding results in Forex trading with a little motivation and the right approach. Having experienced the challenge and the frustration of trying to learn to master the art of trading in a world where finding what works can be a lifetime pursuit, I now derive a lot of satisfaction in seeing others who have been through the struggle to learn Forex trading suddenly having amazing breakthroughs as they develop a lifetime skill that will continue to create financial freedom for themselves and their families.
Scott Shubert
Learn Online Forex Trading
Later I learned other methods including using pivot points with trend lines, MACD and candlestick patterns. It didn’t take me long to figure out that if the price approached a pivot point one of two things could happen. It could hesitate or stop or it could keep on going. And soon I realized that looking at these lines was completely irrelevant to the natural forces that could reveal what the market was really doing. Basing a trading decision on a daily pivot soon became a useless concept to me.
I also noticed that all the managed Forex funds and automated Forex trading systems published results that were quite unimpressive. Sometimes they would win, then there were large draw downs and losses and it seemed as if even professionals were pretty much guessing and were totally at the mercy of the market’s unpredictability. Meanwhile I could see that there were clear signals and patterns in the markets that seemed to indicate that there is a way to easily get profits consistently. But others were somehow not seeing this. For instance one of the first things I realized is that most trading methods work well in a trending market and then they produce losses during a choppy, corrective or sideways market. So I immediately came to a revolutionary conclusion that no one else seemed to be noticing. Why not only trade in trending markets and avoid trading in choppy markets? What would that do to the results over the long term? Uhhh… It doesn’t take an Einstein or a rocket scientist to come to this conclusion does it?
In my quest for more Forex trading knowledge I went on to immerse myself in Elliott Wave Theory and Fibonacci. I delved into some of the mysteries of Gann. I saw many people doing many different things and I saw very few people consistently winning. In fact many seasoned professional traders seemed quite negative and pessimistic about the whole trading business. Meanwhile I was harvesting large profits consistently using a fairly simple method and wondering why people thought this is so difficult and why success seemed to elude most people.
Eventually a few acquaintances kept asking me about what I was doing which ultimately led to my authoring a training program that covers all of the insights, breakthroughs and “AHA”S that I have had over several years. The important message is that anyone can consistently get outstanding results in Forex trading with a little motivation and the right approach. Having experienced the challenge and the frustration of trying to learn to master the art of trading in a world where finding what works can be a lifetime pursuit, I now derive a lot of satisfaction in seeing others who have been through the struggle to learn Forex trading suddenly having amazing breakthroughs as they develop a lifetime skill that will continue to create financial freedom for themselves and their families.
Scott Shubert
Learn Online Forex Trading
Monday, May 21, 2007
Listen to These Forex Trading "Experts" Share Results After 2 Months
Many people these days seem to have a lot of skepticism about anything to do with Forex trading. It is understanable since many people have spent a good deal of time and money to learn to trade Forex without having experienced any real results. Some people have asked for some kind of proof as to whether this really works. Usually I just tell people that if you are approaching this with the expectation or assumption that it does not work unless you are provided with proof, it probably will not work for you. Your expectations absolutely determine your results. The people who are talking on this video did not ask for proof but approached this with the assumption that it did work and now they have provided proof for themselves in their own accounts which is the only place that any proof will ever exist.
There are still a few people with terminal cases of negative thinking who somehow still think that these people must be hired actors or something. Well listen carefully and if you have any doubts please do not order our course. That is my sales pitch which is basically "No it won't work for you. And no I do not want you to buy the course." I don't know how I can make it any clearer than that.
Meanwhile for those who are naturally more inclined to consider the positive side of things in the face of uncertainty, there is definitely hope for you if you are interested in finally learning how to really master this business. If Forex trading is the vehicle for you I can assure you that these people don't have any special skills that you do not have the potential to have as well. Consider the risk. There is a possibility that it might not work for you. If you can accept that risk and still have a positive expectation then you are already half way there. If you would like to meet these people or have them send their account statements to you, you will need to meet them personally in our web conferences and ask them yourself. I am not at liberty to give out their private contact information.
Forex trading is indeed a fantastic vehicle for wealth and freedom if you have a little motivation and a success attitude. Yes, many people really not only make a good living trading Forex but actually multiply their accounts regularly and create wealth rapidly. I am looking forward to hearing the same results from you.
Living Deliberately,
Scott Shubert
Learn Forex Trading Now
Friday, May 18, 2007
Forex Brokers: The Enemy in Battle or Your Partner in Business?
Forex Trading Secrets
Uploaded by tradeartist
Forex trading has become extremely popular in the last few years and seems to be getting more mainstream every day. When a person first discovers Forex trading any search online will produce endless oceans of products and services that the industry is eager to sell. The first thing to pop up in your search will be Forex brokers. In addition to that there are many training program, e-books with the latest "holy grail" trading method, alert services, charts, automated systems, managed accounts, mentor services, software, etc. I can certainly empathize with the newcomers to this industry who have no idea what really works and who to trust. Many of the most important questions that newcomers have are answered in the video workshop, Getting Started Right in Forex Trading.
When it comes to brokers there is journey of research required to get to the bottom of the endless controvorsey and debate about which brokers are the ones to trade with. Dealing desk vs. non dealing desk brokers is one of the widely discussed topics that might affect your decision. Many experienced traders are now discovering that the whole issue of dealing desk vs. non dealing desk brokers is entirely misunderstood. The brokers who claim to have no dealing desk simply pass the clearing process on to another entity that does have a dealing desk. And the whole issue of brokers with dealing desks being sinister is unfounded paranoia. These issues are often discussed in our live web conference trading sessions and the answers that are provided by some of our more experienced members is often shocking and enlightening.
The fact is, we cannot trade Forex without a broker and therefore in spite of whether we feel that brokers always have our best interest in mind, they are our business partners. The other important fact to keep in mind is that it is the customers who really drive the industry rather than the brokers. As issues arise the word quickly circulates in the trading communities and traders migrate in droves from one broker to another. The brokers who do not have their customers best interest as their primary intention may seem to be making money in the short term but in this information age it is simply not possible for a disreputable broker to survive long term.
We are currently working on a comprehensive report with details and survey results that will reveal the pros and cons of each Forex broker. It often seems difficult to find a broker that has all the features and benefits that we are looking for. A broker that meets one criteria may fall short in another area. And what is important to one trader may make no difference to another. It is important to know what criteria is really important for your long term success and carefully consider which Forex broker will provide the right trading environment to help develop the success you are looking for.
Some of the brokers we will be investigating are FXCM, GFT Forex, Interbank FX, Oanda, EFX Group, MB Trading, ODL Securities, IFX Markets, FX Solutions, North Finance, Leverage FX, One World Forex, Man Financial, Coes FX, Interactive Brokers, Lava FX, Hotspot FX, FXDD, Saxobank, Finex, Deutsche Bank, Synthesis Bank, and many others.
It seems that new Forex brokers are popping up all the time and many traders now consider the strength of a broker to be critical especially since many traders lost their accounts when Refco filed bankruptcy not long ago. More recently some traders have had their accounts frozen during an audit of a Swiss broker, Nuimex. The choice of which broker to trade with is no small matter. Look for more information here in the near future.
Scott Shubert
Tuesday, May 15, 2007
How "The Secret" is Used in Forex Trading
In Forex Trading and in every business many people would like to achieve absolute success and mastery and very few do. Why? The reason has to do with the thinking, positive or negative of each individual. Although this is explained up front to everyone who enrolls in our Forex training program, there always seems to be a few who really have success quickly while the rest often blame someone or something outside themselves for their lack of success rather than taking resposibility for making it happen. In Forex trading or in any business the key to success lies totally in the choice of where the mind is focused whether on the positive or negative aspect of the situation at hand. One person will take a Forex training course and immediately decide, “This stuff doesn’t really work.” Another person will take the same course and immediately experience results, become successful, happy and fulfilled in life. What is the difference between these two people? Everything is the same except for their thinking. Many people will get started and think that this information on success and positive thinking is silly nonsense or “airy fairy” New Age babble. However, if you meet a number of truly successful people over time you will find that there is a consistent pattern among all of them in all businesses including Forex trading. They all understand the principles of positive thinking, success training or “the Law of Attraction” as it is called in some current personal development material. The people who fall into the delusion that trading or any other business is strictly a mechanical process will never know true success even if they are able to experience some results.
As I often demonstrate in our trading community and in our Forex training course, I could demonstrate a profitable trading strategy all day every day and many people will find some way to not do it. One person will say, “That couldn’t possibly work.” And off they go to try other things. Another person will say, “That method does not fit my trading style.” And immediately they choose to do something more difficult and less profitable. Every day I remind people to observe what is happening in their minds and in their belief systems to prevent them from getting the results they are looking for. Even when a relatively simple method is demonstrated clearly people will find reasons in their minds to not take the trade and/or reasons to take a trade when the conditions are not present.
I often tell people over and over that the most important thing beyond learning the best Forex trading method is to first learn success principles and positive thinking. I recommend classic books and current videos and seminars on success and wealth. Napoleon Hill, Robert Kiyosaki, T. Harv Eker, Esther Hicks, Anthony Robbins are a few authors worth checking out. Immerse yourself in positive thinking because we are already immersed in negative thinking in our environment. Listen to success CD’s, read books, watch videos, attend seminars, and join groups that are dedicated to success and positive thinking. You will get more results in your Forex trading or in anything that you do by doing this than you will by taking more courses on technical analysis or trading strategies.
I hope this has been helpful to you. Known principles in life and business have shown that this will benefit a few people while the rest will shrug it off and ignore this step. Which group will you choose to be in?
Scott Shubert
Trading Mastermind
Forex Training Videos
Sunday, May 13, 2007
Forex Trading Secrets Part 1
Not long after I first became involved in Forex trading I began to have a series of insights. I noticed that other people did not appear to be aware of some of the things that somehow seemed obvious to me. The interesting thing about the so called "Forex Secrets" is that once you understand them you will be amazed that they are not obvious to everyone.
Now trading has been around for a long time and I am sure that I have not invented anything new. And yet the essential knowledge that is needed to trade Forex or any other market successfully remains hidden from the majority. Every day more and more people are attracted to this exciting business primarily throught the marketing activity of the Forex brokers. What people often don't realize is that as they look for reputable sources for training and education in Forex trading, almost everything they find is connected with the Broker industry. Be sure to observe also that almost all training companies and mentors in Forex are themselves Introducing Brokers from one or more of the Forex brokers.
Although it is not the subject of this post, it should be understood that many of the U.S. based Forex Brokers have a business model that is designed to capitalize on the majority of traders who lose. So here is another clue about Forex trading secrets. Learning to trade from a broker's training material might not be the best idea.
Another thing to consider is that the style of trading taught by the Forex industry might be designed to benefit the brokers more than it is intended for the benefit of traders. This information is the first step toward a breakthrough that is now enabling many traders to cash in on the Forex market and consistently earn real profit while multiplying their trading accounts rapidly. Continue reading this blog for additional clues as to how some traders are easily harvesting profits while other traders keep banging their heads against their computers in confusiona and frustration.
Living Deliberately,
Scott
Forex Trading Information Center
Now trading has been around for a long time and I am sure that I have not invented anything new. And yet the essential knowledge that is needed to trade Forex or any other market successfully remains hidden from the majority. Every day more and more people are attracted to this exciting business primarily throught the marketing activity of the Forex brokers. What people often don't realize is that as they look for reputable sources for training and education in Forex trading, almost everything they find is connected with the Broker industry. Be sure to observe also that almost all training companies and mentors in Forex are themselves Introducing Brokers from one or more of the Forex brokers.
Although it is not the subject of this post, it should be understood that many of the U.S. based Forex Brokers have a business model that is designed to capitalize on the majority of traders who lose. So here is another clue about Forex trading secrets. Learning to trade from a broker's training material might not be the best idea.
Another thing to consider is that the style of trading taught by the Forex industry might be designed to benefit the brokers more than it is intended for the benefit of traders. This information is the first step toward a breakthrough that is now enabling many traders to cash in on the Forex market and consistently earn real profit while multiplying their trading accounts rapidly. Continue reading this blog for additional clues as to how some traders are easily harvesting profits while other traders keep banging their heads against their computers in confusiona and frustration.
Living Deliberately,
Scott
Forex Trading Information Center
Saturday, May 12, 2007
Welcome to Forex Trading Secrets Revealed!
Hi.
I am Scott Shubert of Trading Mastermind and this blog is to help the many people who are interested in Forex trading but have so far not experienced the results in Forex trading that they had hoped for.
Forex trading is indeed an exciting business with a huge potential for creating wealth and freedom of lifestyle. However, finding what works in this maze of products and services in the Forex industry can be a daunting task. Many of our students who currently participate in our free ongoing training at Forex Training Course have taken many other courses, attened seminars, bought software, etc only to find that trading successfully and profitably remained a total mystery. That is, until they found our community of supportive traders who are willing to share the secrets of how to trade profitably with relative ease.
We will be discussing all aspects of technical analysis as applied to the Forex market, fundamental analysis, how to easily trade with consistent profit, Forex brokers, trading psychology, success training, positive thinking, money management, etc. For those of us who are fascinated with trading knowledge sometimes we delve into the esoteric mysteries of Gann and any subject related to trading. But we always come back to trading our simple method which anyone can do without a lot of complicated engineering level technical analysis.
I look forward to having you join us here and I am always interested in your comments.
Wishing you the best of success in your trading business,
Scott
Forex Training Videos
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