Saturday, August 18, 2007

Simplify and Win in Forex Trading Lesson 6

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