Price action forex trading refers to the forex trading strategies of entering and exiting trades based on “price action” alone. Have you ever noticed that most indicators are just showing what the action of price is already showing?
Read more on Price Action Forex Trading: Which Price Action Forex Trading Really Works?…
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Forex trading as well as trading stocks, commodities and futures is a business that is partly science and partly art. But it is mainly a business of weighing probabilities.
The harmonic patterns used in harmonic trading are patterns that have been measured, studied and catalogued as distinct market formations that are known to produce high probability results.
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Traders in our community often ask me what is the best way to manage the profits from their Forex trading accounts and what are some good ideas for additional passive income investments. Just as trading requires a prudent risk management plan to determine how much capital is at risk on each trade etc. growing your capital over the long term requires some common sense guidelines.
Regardless of what kind of Forex trading strategy you use and whether you use technical analysis, fundamental analysis or even an automated trading system or Forex trading robot (if there are actually any that exist that really work) when you finally achieve consistent increase in capital you want to make sure that you always maintain that increase and that you never kill the goose that is laying those golden eggs. That is, make sure you don’t destroy your capital by taking out money too soon or in too large of amounts.
A general rule could be to only take out less than 50% of your monthly profits so that your capital is still increasing and therefore the amount you can take out will steadily increase as well. If you need money to use for your living expenses and you take out the entire monthly profits your account will stay the same size at best and could decrease at times if you have a difficult month of trading.
Another thing to consider is that Forex trading is primarily desirable for people looking to build capital. One trader who used our trading methods to generate phenomenal success and then was became a partner with a multi-million dollar Wall Street managed fund, explained that investors who have large capital are less interested in building capital the way that Forex is capable of doing. It’s considered too much work and too risky. They are more interested in preserving capital and gaining steady safe returns.
To help you get started with ideas for creating passive income cash flow from other investments using your Forex trading capital I’m making a series of videos on the information going around from sources like the Elevation Group, Robert Kiyosaki Rich Dad, Global Information Group, Sovereign Society, Peter MacFarlane QWealth, and others. It’s a fascinating subject and you will enjoy seeing the ways you can create additional sources of cash flow when the time is right to use a portion of your Forex trading capital for other investments.
Read more on What To Do With Your Profits From Your Forex Trading Account…
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In the world of Forex trading most people are looking for someone else to guarantee their results through the latest gimmick product, Forex robot, or Forex signal service. But eventually those who are serious about making the business work realize that only by taking responsibility for developing their own skill through decision making and taking action, will they ever get the results they are looking for.
In this video you will see another one of the no B.S., no hype, no nonsense methods that you can actually rise above the results that the rest of the trading world is familiar with and start getting the kind of results that are whispered about in the inner circles of the real professional trading world. A Forex trading strategy that really works is essential but even using effective Forex trading strategies will not get you the trading results you are looking for unless you do the thing that is demonstrated here in this video.
Why do most people who are interested in Forex trading end up falling for scams and useless products such as Forex trading software, signal services and Forex trading robots? Because they are too lazy to actually take the time to study, practice and develop their own skill at entering and exiting trades with consistent profit.
There is never a better time to take charge of your own trading business and get started doing the one thing that will make you a full time professional Forex trader. To get started now go to http:www.forextradingseminar.com scroll down on the right side and locate the small box that is linked to the current enrollment for the Platinum Trading Group where you will get 12 full months of live daily training for free. forex proof, forex signals, forex trading signals, forex trading strategy, forex trading strategies, Forex market, Forex results, forex entry, Forex Trading system, Forex robots
Read more on How To Virtually Guarantee Your Own Results In Forex Trading…
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We are looking at a possible short entry on the GBP/JPY and EUR /JPY today and in this video Scott shows more about what to look for in order to enter and exit trades on all time frames. There is a step by step process for this trading strategy that anyone can learn. Many people in the Forex trading world still believe that Forex trading is a “trick” that you can learn in a weekend based on a certain indicator crossing or a set of conditions, or a proprietary software that pops up with a red or green arrow or “buy” or “sell” signal. When it comes to Forex trading strategies, nothing can beat good old fashioned work and experience. No B.S., hype, gimmicks, “proprietary indicators”, software, Forex trading signals, or Forex robots.
The Forex trading signal service is also a kind of ridiculous idea. Traders want to get a signal from some trader that gets good results instead of learning how to trade themselves and understand why they are making trading decisions. Passive investments and managed accounts would make a lot more sense than trying to enter a trade at the exact time that some other trader is entering without knowing why.
The GBP/JPY and EUR/JPY are setting up for a MAJOR turning point now on the daily, 4 hour, and 1 hour time frames and this incredibly revealing video gives extremely valuable insight that professional traders are using to help make their trading decisions right now.
Read more on How To Enter The Next Major Trade on the EUR JPY and GBP JPY-Forex Trading Strategy…
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For everyone who has been asking, “What’s up with the EUR USD now? Here is the follow up video that shows an important update on the progress of the current pattern and what to look for to enter the next cash grabbing ATM profit opportunity.
Last week my inbox filled up with emails from some people who disagreed that the EUR was going to go up as much as it already did and also some from people who have already experienced a major breakthrough from these free videos alone.
Once this road map becomes clear to you the current Forex trading strategy for any time frame will be obvious to you withinabout 2 seconds of looking at any chart. It is a powerful and fulfilling experience and is so extremely valuable that you will keep that as a skill for the rest of your life and use it over and over.
Read more on Forex Trading – EUR USD At Bottom For Next 3 Years? Next Entry Shown Part 2…
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When it comes to trading it’s best to have no opinion about where prices are headed and it is essential to never have any personal sentiment either bullish or bearish. Instead consider just looking at the charts and observing patterns, signals, and market phenomenon that can be recognized as turning points on any time frame.
One clue that was recently revealed is from the COT (CFTC commitment of traders report). Right now almost all commercial traders are long on the Euro in commodity futures. The majority seems to be short on the U.S. dollar although that conflicts with what I am seeing in relation to the current long term pattern formation on the stock market which normally moves in the exact opposite direction of the U.S. dollar.
What gets really exciting is when you see what is happening on the monthly, weekly , and daily time frames for the EUR USD. It appears highly probably that the EUR is now at least forming a correction to the last downtrend on the daily time frame and possibly a continuation of the long term uptrend on the weekly and monthly time frames.
What is even more exciting is that as you have learned from several previous videos it is not necessary to know which of these possibilities is currently happening in order to extract the maximum amount of profit on the next shorter time frames while waiting to see how the story unfolds.
Read more on Forex Trading – EUR USD At Bottom For Next 3 Years? Next Entry Shown…
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In the Forex trading world there are many gurus and software vendors claiming to be able to provide something that will help traders get results. But have you ever looked at the results of the students of some of the Forex trading gurus or the customers of the Forex trading robots and automated systems?
In this video Scott Shubert shows all the entries and exits that were taken during the Platinum Trading Group’s live daily trading sessions. Each trade was taken for a certain reason and the reason is different from what most of the trading world is doing. Why should you enter a trade? Why should you exit a trade? That is the key that is the secret to the difference in results that are seen among traders in this community.
Regardless of what Forex trading strategies you are using there is no trading strategy that is perfect. But what most traders don’t realize is that they tend to fail to follow their own strategies. Combine that with the fact that the Forex trading strategies they are using don’t really work and you have a recipe for disaster.
First learn what really works in financial markets for getting consistent results. Then learn to follow that strategy and execute the trades entering when there is an entry signal, exiting when there is an exit signal, not entering when there is not an entry signal and not exiting when there is not an exit signal.
It seems simple but now you can see that it is working beautifully for some traders who have very little experience. To find out how why this works so extremely well you can participate in the live trading sessions yourself for free for a full year. Only by developing the skill yourself can you experience the proof that you need for success.
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If you have ever looked at charts for Forex trading and looked for those Forex signals that represent the point to enter a trade or exit a trade then you already know how confusing and frustrating it can be if you are not looking at the right things.
The term “pivot points” is often used to mean an indicator that draws horizontal lines on a chart to show possible areas of high probability where the market might hesitate or turn. But those lines only distract traders from seeing the real reason for entering a trade and exiting based on a Forex signal and trading strategy that not only actually works but also gets the best part of profit that is available from a move on any time frame.
What is a real “turning point” in a financial market whether it is Forex, stocks, commodities, or futures? How do you know when the market is turning in one direction and how do you know after an Forex signal that it will continue? How do you know when the market will stop or turn again so that you should exit?
“But at the bottom, sell at the top” is a saying we often hear in financial markets but considering that the entire industry is trying to do that but often failing how is it possible to gain some real skill in knowing these elusive “turning points” or the real “pivot points” in trading?
There is a way to know that the market is turning. There is a way to know the most likely pattern that will form after a pivot point or real turning point occurs so and a way to know when that move is really coming to an end and the trader should exit or take profit. Obviously not everyone can see this but for a few professional traders there are clear identifiable Forex signals that show the points that represent trading opportunities for maximum profit, low risk to reward and high win to loss ratio.
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The One Hidden Key That Turns Any Losing Forex Trading Strategy Into A Perpetual Cash Machine
If you have ever been involved in Forex trading there’s no doubt that you have seen many Forex trading strategies and you have no doubt tried using at least a few of them. But what traders quickly discover is that no matter what Forex trading strategy you try it will work great for a while then lose for a while. Of course any trading strategy will have some losses but there is a fundamental reason why trading strategies go through periods of failure.
Even professional Forex trading experts attribute this constant cycle of winning and losing to market consolidation or “choppy market”. That’s why a legitimate Forex trading strategy should be based on that very cycle of trending vs. consolidation. By learning to identify these points a trader can develop the skill of entering at the beginning of a trend and exiting at the end of a trend while not trading during the corrections.
It seems obvious and simple. So why does this process elude nearly the entire trading world? In this video Scott Shubert gives some insight into his highly acclaimed developments and discoveries which some traders around the world are now raving about. “Once you have this breakthrough trading will never be the same again,” Scott says. “It is not possible to stop seeing this once you have seen it.”
Read more on Why Most Forex Traders Can’t Stop The One Mistake That Would Turn Losing To Winning…
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Have you ever noticed that what you hear from real life professional Forex traders is completely different from what you hear from brokers, and scam product salesmen? That’s because the Forex trading industry is built on hype and some deliberate scam and misrepresentation. The truth is that Forex trading is a business like any other and requires experience and discipline not just some new trick or software.
Whether you have tried numerous Forex trading courses, Forex trading videos, various systems and Forex trading strategies or even if you bought fancy proprietary software or Forex trading robots, there is no replacement for good old fashioned development of skill through time, patience, discipline and knowledge. One of the most powerful aids on the path to success in Forex trading is to associate with some professional Forex traders who are already doing what you want to do. Nothing can speed up the process better and save you a lot of time and frustration.
In this private interview, Steve who is a Van Tharp trained trader shares some of his thoughts and experiences about the path to mastery and real life success in making a living from Forex trading. Realistic goals and proper training are the key not only in the right method of trading but also in trading psychology and personal development. Many traders have been exposed to trading methods that really work and produce positive results and yet never saw the results themselves. Find out what is working now for traders who already get results on a consistent basis.
Read more on Private Interview With Forex Trader: No Holy Grail and No B.S….
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In part 2 of this series I will demonstrate another of the top, most important, most effective Forex trading strategies that traders who earn their sole income from trading now consider to be absolutely essential to success in Forex trading.
Read more on Top Real Life Proven Strategies of Professional Forex Traders Part 2…
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I am in the process of interviewing a number of professional Forex traders who currently earn their sole income from trading. What Forex trading strategies do they use? What is their secret?
In this series of videos I will reveal the Forex trading strategy recommended by professional Forex traders as being the key to their success. This first video demonstrates how critical it is to have a general idea about how much time it takes for a Forex trading entry signal to form.
Read more on Top Real Life Proven Strategies of Professional Forex Traders Part 1…
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Now let see if we can look at the actual trend that preceded it. Right in here, there was a perfect 5 way trend that preceded that and where was that best visible? It was ah, we had already determined in our trading room that this up trend was forming well around the 1 hour range and up a little bit and down a little bit from that range.
Read more on Crack the Code of Forex Trading By Adjusting the Frequency of Your Charts Part 2…
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Yeah this is the video I promised to share since last week but I am thinking of taking it down already. I feel like anyone who knows this may need to either be assassinated
for security reasons or sworn under contract to do something worthwhile for the world.
Read more on here’s the video I promised…
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Excitement never seems to stop with Forex lately. But sometimes it’s a bit tricky and can end up biting you right in the ass!
Whatever happened to the idea that currency markets are slow during the summer? Next week, the European Central Bank is expected to raise interest rates and the Euro has been soaring fast against other pairs. But what happens AFTER a pair forms a strong trend?
Read more on This is freaky! How to trade Euro Crisis Chaos with Greece…
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If you intent to learn Forex trading or to learn Forex trading systems you might discover that no matter how intelligent you are you are already in the process of unconsciously destroying your business regardless of what Forex trading strategies you use. Although you probably don’t consciously want to destroy your Forex trading business, I have noticed that many traders are already in the process of doing this unconsciously. It seems they can’t help themselves and by continuing this process they are making it inevitable.
Just take a look at this video and you will see some examples of how this is happening. The process of success or failure all takes place in the mind. Success is a process of the mind. Failure is also a process of the mind. Change the process and you will change the results.
In trading Forex, futures, stocks or commodities the process that takes place in your mind will absolutely determine your results and I can usually tell right away which process a person is already engaged in. Fortunately, it is possible for anyone to change that process and therefore change the results.
Many people make the mistake that success in Forex trading is all about the Forex trading system that is used. No matter how many Forex trading strategies you learn and how well you apply them you will find that this is not really what determines your results.
Why is it that one Forex trader can get extremely good results while another utterly fails and they are both using the same Forex trading strategies? Is it possible that the problem is in the Forex trading system itself if some people have good results and some don’t? Obviously the problem is in the mind of the trader and not in the system or strategy.
This can be proven over and over and if you look you will see that it is true. You can observe how this works in your own Forex trading business and in your own life. You are getting the results of the positive or negative thoughts that you choose.
Unfortunately, human beings don’t choose their thoughts consciously but most of our thought process takes place at an unconscious level. That’s why success in the Forex trading business or any other business is achieved through learning to master the mind using techniques such as positive thinking, NLP, hypnosis, and success training in general. Success in the Forex trading business is about 90% about programming the subconscious mind and about 10% due to the Forex trading system or Forex trading strategies that are used.
Read more on How to Quickly Destroy Your Forex Trading Business…
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In Forex trading developing and implementing a winning Forex trading system is not about seeing a mechanical trading strategy contrary to popular belief. It is natural that traders tend to look for mechanical trading systems or automated trading systems/forex trading robots to solve the problem.
Read more on How To See Hidden Pictures That Reveal a Winning Forex Trading System Part 1…
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Another excellent week of trading has ended in celebration as traders in the Platinum Trading Group once again hauled in results in real PIPs and real dollars that most other traders have never even come close to.
Read more on Forex Trades for EUR AUD, AUD USD, EUR CHF, GBP CHF over 500 PIPS This Week…
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Although Forex Trading can be an ideal business and an amazing way for some people to build capital quickly it is not exactly a passive income investment. We do still have to work a little studying charts and occasionally clicking a mouse to enter or exit a trade. Yeah, that’s pretty grueling work but someone has to do it. While you are enjoying the freedom of lifestyle and the enormous excess fund from trading (if you ever figure out how to get consistent profit) you may want to also be planning to use part of that capital for other investments.
Read more on From Forex Trading to Rich Dad’s Passive Income Investments…
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The signs have already formed that a major stock market crash possibly already started now in 2011 is very likely. Whenever a stock market crash occurs it is always perceived as a negative event. Recently in the May 2010 stock market crash it was reported that the entire crash was caused by human error when in fact the so called “crash” happened precisely on target at the top of a perfect Elliott Wave pattern when natural forces across financial markets were already poised for a sudden fall in price.
Read more on Stock Market Crash 2011 Creates Massive Profit Opportunity in Forex Trading…
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Have you heard any recent “buzz” about something called Harmonic Trading or Elemental Trading? Until recently not many people in the investment and trading world were familiar with these techniques. Fortunately, you don’t need to be a mathematician or engineer in order to get results in your trading from employing these highly probably chart patterns as part of your overall technical analysis.
Part of the knowledge now known as harmonic trading began with H.M. Gartley who published a book in 1935 called Profits in the Stock Market. This video illustrates what the original Gartley pattern is and how this pattern as well as the more recent discoveries can be easily employed in your trading business in Forex, stocks, commodities, and futures.
When a pattern forms with specific high and low proportions that are measured with fiboncacci ratios it has been discovered that these patterns will be followed by a “potential reversal zone” which creates a highly probably trading opportunity. Besides the original Gartley pattern including the bullish Gartley and bearish Gartley, there are patterns discovered more recently by Scott Carney in 2000 and 2001. Carney is credited with discovering and researching these patterns including the bullish bat, bearish bat, bullish crab, bearish crab, Traders who are familiar with Elliott Wave will also see how these patterns correspond to Elliott Wave patterns but are a specific type of pattern that is known to be highly probably for producing a turning point and a trade entry that is likely to work out as a profitable trade.
The structure of the Butterfly pattern was discovered by Bryce Gilmore. The butterfly includes a 78.6 Fibonacci retracement of the XA leg as the B point. The CD leg is extended to 127% or 161.8% of AB.
These patterns have now been incorporated into an indicator for Metatrader 4 which draws the pattern clearly on the chart when it forms and produces a trading alert which can be emailed or sent as SMS text to a cell phone. At least one company other than Scott Carney’s company is now selling the indicator with some training and support while a Russian developer has been making a free version available.
Read more on Harmonic Trading Made Easy…
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In the Forex trading world so many people seem to be experiencing major frustration and disappointment. Looking around on forums and groups you are sure to see people with bitter feelings fighting and complaining which makes one wonder, “Why the heck do these people hang out on forums if they hate Forex trading?”
Read more on How To Avoid Losing Trades In Forex: Step By Step Demo Preview…
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Nearly every day I get emails from Forex trading gurus bragging that this week they got so many PIPs on certain trades. The fact is, if you enter a trade for almost any reason during a trending market you will be likely to win. In fact odds are if you enter a trade for any reason you should have a 50/50 chance of winning. What is important is if you can consistently maintain a high percentage of winning trades over time with larger winning trades than losses. To do that you need something other than a method of getting in by using an indicator crossing a certain level.
You need to actually see through the noise and chaos and recognize the real reason to enter or exit a trade that shows clearly shows the difference between what we call a pullback or retracement and an actual turning point, a reversal.
Read more on Forex Trading: Casino Luck or Business Skill?…
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Serious Forex traders should always be on the lookout for the newest trend in technology that helps in making better trading decisions and creating a better lifestyle. With the advent of Google Android which has a great potential to take the mobile operating system industry by storm, traders are naturally curious to find out the best way they can take advantage of these addictive little gadgets.
There is no doubt that Forex trading has become more available and flexible for everyone today. A Forex trader can choose from a wide array of phones and tablets now available and the device seems to be getting smaller and smaller – from laptops to mini notebooks and now to something that would fit in the palm, a mobile device. Ironically now some of the devices are getting bigger again in order to have a larger screen such as the Apple Ipad. These devices make it possible to do Forex trading anytime and anywhere.
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As more and more people are hearing about the results of the members of the Platinum Trading Group many people are very curious to know more about what happens inside the group in the daily live trading sessions. Why do these traders enjoy luxurious lifestyles of freedom and purpose? Why are professional traders around the world so interested in seeing what happens inside the group? Maybe you know someone who already created a solid sustainable business with freedom of lifestyle in Forex trading through their experience in the Platinum Trading Group. Word of mouth seems to spread like wildfire when people find out how quickly real people are able to create the business they are looking for. In this video you will see a small glimpse of what that experience is like.
Read more on Hidden Cam Exposes Forex Traders Inside Platinum Trading Group…
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This week in Forex trading I am looking at the AUD USD among several other pairs. When you see the “Road Map to Success” you will be extremely excited to experience that you can look at any currency pair on any time frame and using some very basic technical analysis trading strategies you can immediately know whether you should be looking for an entry or an exit, what exactly the next entry or exit will be and what time frame to focus on at this time. When you have this experience it can totally transform the results you are getting from losing or breaking even to consistent increase in capital.
Read more on AUD USD Forex Trading Update for 12/05/10 Next Trade Shown In Advance…
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In Forex Trading most traders choose to enter and exit trades in a way that is not in the “rhythm of profit” This rhythm is partly a psychological mindset that is different from what is “normal” behavior. But it is also a very specific technical analysis method to enter and exit trades at the points that tend to give maximum profit and high probability for consistent winning. Once you see how this works and experience it for yourself it can transform your Forex trading business quickly and empower you to finally get the results that you always knew was possible but just could achieve consistently. Even many “professional” Forex traders end up scratching their heads in confusion as they look for many different reasons to enter and exit trades which fail to put them into this natural rhythm. You can see right on the charts that this rhythm working as far back as you care to test on any time frame. Why isn’t everyone doing this? Maybe the same reason everyone isn’t forming the world’s most successful companies like Microsoft, Facebook, or Google. This is for the few people whose eyes are open to opportunity and transformation.
Read more on How To Trade Forex With The “Rhythm Of Profit” By Doing The Opposite Of The Herd…
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I hesitate to show this stuff because not everyone should see this. In this video I demonstrate in advance the trading strategy for the AUD USD and EUR USD for this week. You can see the trade setting up now and when it happens later you will be able to see how it works out. For trading advice talk to your CTA and understand the risks of Forex trading. Meanwhile, enjoy learning what works to get the maximum results in Forex trading using simple technical analysis combined with what many traders consider to be revolutionary unique insight. Your results could be nothing less than extraordinary and potentially life changing.
Read more on Forex Trade Entry on EUR USD and AUD USD This Week…
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Fear has a way of controlling our minds. Although we know that for a fact, it can be so real that it restrains us from achieving our goals. These perceived fears play tricks on our minds and can rob us of the rational thinking that we need for us to move ahead. In the Forex trading business, fear of the unknown and fear of loss are the worst enemies. However, in order for us to be successful in any business , we must overcome our fears. How? This video shows you the top 6 biggest fears of Forex traders which cause them to fail or give up quickly and the way to permanently breakthrough these fears and move forward with a business that gets results.
Read more on Top 6 Fears That Cripple and Destroy Forex Traders and How to Defeat Them…
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People from all around the world keep telling me that they are so grateful for discovering Forex trading because it is the most ideal business in the world and enables some traders to make the world a better place through charity and philanthropy. Not just a home based business, Forex trading provides freedom of mobility. Using technical analysis and sound Forex trading strategies , a trader can enter and exit trades on currency pairs while travelling virtually anywhere in the world. You will be amazed when you compare this business wih any other business opportunity available. In terms of potential income it is virutally unmatched. And once you discover what really works in Forex trading you may develop a skill that creates income in any economic cycle for the rest of your life.
Read more on Why You Absolutely Must Trade Forex in 2011…
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(Recorded 10/17/10) When the stock market turns, currency pairs in the Forex market follow almost simultaneously. Some Forex traders constantly watch the Dow even on very short time frames to either predict or confirm the movement of Forex pairs.
Read more on Forex Trader Predicts Major Crash in Stock Market…
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