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.
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.
In this video you can hear an excerpt from a candid interview with one of the Platinum Trading Group’s rising star traders who are rapidly proving that a person with no previous trading experience and no form education in economics can quickly learn to trade the Forex market and get remarkable results.
It has been proven over and over that the people who have the most extraordinary results are the ones who understand our method and then enter when there is an entry signal and exit when there is an exit signal. People who are not getting good results are most likely doing something other than this and are often making up reasons that are not related to our method.
Trading Forex for a living is not only possible but considered by some to be the ideal business that can replace practically any other career in a relatively short period of time. The key is to associate with other professional Forex traders on a daily basis who are also using the same Forex trading strategy so you can see the trades forming in real time and learn to recognize what is an entry and what is an exit signal.
Forex trading as a full time business can be achieved within one year in some cases. If you learn a Forex trading strategy that really works and practice the method developing skill over time it is possible that you might outperform some of the industy’s top professional traders and hedge fund managers. Seasoned traders with years of experience tend to deny this because they don’t understand why they can’t see a better or easier way to make more profit with fewer losses and better risk to reward ratio.
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.
Effective on October 18, 2010 the new CFTC regulation of Forex limiting leverage to 50:1 is going to take place. This new regulation has been creating doubts and fears in the minds of some Forex traders and some people have been saying that this could be the end of Forex Trading.
Worldwide enthusiasm for Forex trading has skyrocketed for the past few years and now nearly every person who is interested in trading financial markets is drawn to trade Forex instead of stocks or commodities. But most of these individual traders end up feeling beaten down to the ground primarily because traders, professional and amateur, fail to see through all the garbage that infiltrates the trading industry.
Many of those who embark on the road to trade Forex often think of trading Forex as a way to make a fortune overnight. They look for the latest “trick” or “holy grail” of trading. For successful traders, Forex trading is a business like any other that needs investment, work, patience and skill to survive and make money consistently. However, many traders keep struggling to break through the barriers that prevent them from getting consistent profit.
Boulder, CO (Trading Mastermind) — In keeping with its vision of helping people succeed with their Forex trading business, Trading Mastermind reveals one of the group’s secret methods in trading profitably and that is “adjusting the frequency” of Forex charts.
Boulder, Colorado USA (Trading Mastermind)–After launching the Yin Yang Forex Trading Course and the Forex Fund Manager Training Program in 2009, Scott Shubert, CEO and founder of Trading Mastermind, is taking a trip to the land down under in order to reveal to a few Aussies his proven and tested trading methods that have helped traders around the world.
The following is an excerpt from Jeffrey Kennedy’s Trader’s Classroom Collection. Now through August 10, Elliot Wave International is offering a special 45-pages Best of Trader’s Classroom eBook, FREE.
After we were discussing intermarket analysis in our live webinar early this morning I received this article that gives insight into three of the main investment instruments in the U.S. that are interelated.
Today finance ministers from around the world held an emergency meeting in Washington to address food emergencies in 33 countries.One reason for the shortage is the growing population that has surpassed the production of food through limited agricultural activity.Population is growing and yet agriculture remains limited by the amount of land that is farmed.Why have our political leaders been more focused on other issues when this could have been foretold decades if not centuries ago?The answer lies once again in the oil industry.
I have been following some of the material from the Sovereign Society for some time and noticed that they seem to have some sound advice on wealth management. Since it is very timely and corresponds with yesterday’s post I thought I would share this article here:
For the past few months economic fear has hung like a dark cloud over the U.S. and it seems that everyone feels pessimistic about the near future of the greenback. However, common sense and history have always shown that when society as a whole reaches its peak of widespread bearish sentiment about any financial equity, it is almost certainly near the bottom. That is why the majority of traders are always most bullish at the top of a market and bearish at the bottom which is the opposite sentiment for profiting in a market. I can clearly remember in December of 2004 when every article I read warned of doom and gloom for the U.S. dollar for the coming year. That turned out to be the low for the U.S. dollar for the next 2 and a half years and not until July 2007 did the dollar ever go below the low of December 2004. This chart shows that time as a high for the EUR/USD Forex spot market. Keep in mind that this chart shows the inverse of the dollar’s value. When the U.S. dollar is going down in value Forex traders buy that currency pair to make a profit while it is going up.
There are reasons why the U.S. dollar is in the process of weakening against the Euro, Yen, Great British Pound, Canadian Dollar and other currencies. Part of the reason is due to a strengthening of the global economy which is creating a shift in psychology for many countries to begin favoring their own currencies for savings and investment in preference to the greenback. Beyond factors of subprime lending and the credit crunch, money supply is also a fundamental driving force for currency values. GDP of emerging economies has grown steadily. The Fed is actually printing less money which would theoretically create more demand and higher value and yet this has not affected the continuing decline. The bottom line is that the demand for the U.S. dollar simply is not growing but is declining in the global market place
There is a lot of discussion currently happening regarding whether Bernanke will open the door to federal interest rate cuts in December and if so, how significant these cuts will be. The U.S. dollar has recently dropped to record lows against the Euro, Great British Pound, Swiss Franc and Canadian Dollar. How will the rate cuts ultimately affect the value of the U.S. dollar and how will it affect the U.S. economy for the average consumer in the wake of the current credit crunch hysteria. Generally, lowering of interest rates is considered to decrease the value of a currency so this could further weaken the already ailing greenback.
