Online forex training

July 2nd, 2010 by admin


I have learned loads about trading forex in many live online forex training rooms, see links at the bottom of this post to see where.

However I have found for me the holy grail of trading that suits my stress levels and trading mentality perfectly. It isn’t scalping but it is short term trading (5 minute charts) where you never risk more than 1% of your capital per trade and you can often get two or three trades a day and grow your account 2 – 10% per day, 20 days a month.

Vantages entries combined with 2b reversals is becoming the safest and most consistently profitable way to trade forex I have found to date. It is also the simplest by far. No indis, no moving averages just pure candlestick analysis, trend analysis and price action at support and resistance.

Every evening now I just take a quick flick through a number of hourly charts looking for potential reversal setups, or areas that might act as support or resistance the following morning.

Then another quick flick through in the morning to see if we have an H1 reversal, if we do just drop down to the m15 and then m5 and wait for the lower high or higher low. Use the vantage entry and the low or high of the 2b reversal swing one for the target. SIMPLES.

This mornings EJ trade,

confirmed on the m15 chart below

and the H1 chart below

this is a perfect example of a counter trend trade confirmed in two higher timeframes (trading the retracement in the uptrend). We may get a decent long entry off this if we get a similar set of signals for an H1 reversal north. NFP so care needed.

Just under 2% profit with 1% risk. Cool.

I post this stuff because it helps me learn. Checkout the links below if you want to learn to trade forex too. Strats thread is free so make the most of it. Anders Baard Larsen is a brilliant trader and a lovely guy. The fx500club is also filled with a great bunch of trader teachers. Zulutrade is proving to be a useful place to use as well. Checkout all the links below.
 
HAPPY TRADING 

I also learned how to trade forex and would wholeheartedly recommend the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions

Managed forex accounts with no fees  Zulutrade

I have now managed to find a few Zulutrader signal providers that are trading for me profitably, sign up for a demo account using my link above then contact me at info @ forex-experts.co.uk so that I can verify your email, I will then contact you with the traders details.

Strats free guide to Stress Free Trading the very best free place to learn to trade forex

Strat will teach you how to trade candlestick patterns at support and resistance, STEVE NISON also has some brilliant products that will help you become a protitable home day trader.

Click here to vist Steve Nisons website or

Click here to signup to his Free Newsletter Signup

Online Forex Training

April 28th, 2010 by admin


I got most of my online forex training from the brilliant fx500 club live online forex school. I cannot recommend them highly enough.

Wow what a day today has turned out to be so far, quality trend trades within h4 swings all over the place, I wanted to take all of them but money management and common sense only allows me to risk 2% of my relatively small account per trade. I traded gbp/jpy and swissy (usd/chf) but there were valid trades on almost all the currency pairs I trade.  Most are retracements on the H4 charts against the daily trends, I am loving those H4 charts more and more these days.

I called these swing trades because they are high probability , mostly counter trend trades against the daily trends. I learned to trade forex like this in a live forex trading school.

gj trade below. Nearly 200 full fat pips on that one.

Update on gbp/jpy 300 pips from my entry and still falling. see below

Swissy trade below. banked 50 pips so far hoping to add on a pullback.

Today was one of those days where trades jumped out and screamed trade me please lol.

Watch that Aussie dollar though and don’t get caught into shorting it, buy on these pullbacks if PASR looks good.

I post this stuff because it helps me learn. Checkout the links below if you want to learn to trade forex too. Strats thread is free so make the most of it. Anders Baard Larsen is a brilliant trader and a lovely guy. The fx500club is also filled with a great bunch of trader teachers. Zulutrade is proving to be a useful place to use as well. Checkout all the links below.
 
HAPPY TRADING 

Click here for a free weeks trial in Anders Larsens live Trading room

I also learned how to trade forex and would wholeheartedly recommend the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions

Managed forex accounts with no fees  Zulutrade

I have now managed to find a few Zulutrader signal providers that are trading for me profitably, sign up for a demo account using my link above then contact me at info @ forex-experts.co.uk so that I can verify your email, I will then contact you with the traders details.

Strats free guide to Stress Free Trading the very best free place to learn to trade forex

Strat will teach you how to trade candlestick patterns at support and resistance, STEVE NISON also has some brilliant products that will help you become a protitable home day trader.

Click here to vist Steve Nisons website or

Click here to signup to his Free Newsletter Signup

Online forex training

March 11th, 2010 by admin


Time and time again I see the importance of trendlines for use as support and resistance on the higher timeframes, especially now I am spending my days listening to a trader that discounts technical trading as total balderdash, don’t get me wrong fundamental trading is absolutely brilliant but combined with technical analysis it it utterly astonishing.

I just had to post this incident almost caught me out and that will have caught so many other traders out. The h4 buob ( bullish outside bar ) marked by the white question mark is the point I considered going long.

However the solid red sr line was old resistance that had the potential to become new support which led me to believe the price would return to that as a test, as mentioned in previous posts, the ascending trendline and the dotted red daily 20 moving average represented another support level that had the potential to be tested.

Profit taking was rife and buyers piled in after they had allowed sellers to test those levels; all fascinating stuff for me as always. The daily charts show that whole move as a hammer candle.

It just all goes to  show the power of candlestick charts, trendlines, and the daily charts.

I post this stuff because it helps me learn. Checkout the links below if you want to learn to trade forex too. Strats thread is free so make the most of it. Anders Baard Larsen is a brilliant trader and a lovely guy. The fx500club is also filled with a great bunch of trader teachers. Zulutrade is proving to be a useful place to use as well. Checkout all the links below.
 
HAPPY TRADING 

Click here for a free weeks trial in Anders Larsens live Trading room

I also learned how to trade forex and would wholeheartedly recommend the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions

Managed forex accounts with no fees  Zulutrade

I have now managed to find a few Zulutrader signal providers that are trading for me profitably, sign up for a demo account using my link above then contact me at info @ forex-experts.co.uk so that I can verify your email, I will then contact you with the traders details.

Strats free guide to Stress Free Trading the very best free place to learn to trade forex

Strat will teach you how to trade candlestick patterns at support and resistance, STEVE NISON also has some brilliant products that will help you become a protitable home day trader.

Click here to vist Steve Nisons website or

Click here to signup to his Free Newsletter Signup

Profitable Forex signals services

January 14th, 2010 by admin


Finally I have found a Zulutrade signal provider that makes consistent profits.

 
After 9 months of testing 100′s of Zulutrade signal providers I can finally announce that I have so far found just one trader I am happy to allow to trade my real funded account, yes that’s right not a demo account but real money for real profits and in what I consider to be a safe and consistent way.
  •  
  • 5.5% – 12% profits per month (based on last years performance)
  • that’s equal to 63% to 120% profit per year (compounded)
  • Minimal drawdown (about 20 pips per trade)
  • 95% winning trades
  • only 1% risk to capital per trade
  • I have done all the hard work
  • Read on to see how you can benefit for FREE
  • No commission fees or charges It’s totally Free!!

 
For this month this zulutrade signal provider has won 95% of his trades, 40 winners and 2 losers, 268 pips profit and as per my own money management rules I have only risked 1% of my trading account per trade.268 pips represents $2680 on this 50K demo account that’s about 5.5% in a month. If you compound that and continue to increase you lot size in
order to stay at 1% risk per trade your account will grow by roughly 63% in a year.That’s about $6300 profit on a $10,000 initial account size.December was a quiet month for this trader what with all the holidays etc, I am expecting nearer 500 – 600 pips a month or in excess of 10% a month profits about 120% a year if compounded.

I was so impressed with the way this zulutrade signal provider trades that I started trading my own LIVE FUNDS, REAL MONEY halfway through this demo accounts testing period.

I have not done all this hard work for nothing though, in order to get the details of this zulutrade signals provider for FREE you will need to signup to zulutrade using my link here When you have signed up to zulutrade via my link please contact me by email at ” info @ forex-experts.co.uk ” supplying the email address details that you
used when joining zulutrade, I will need this to verify that you signed up using my zulutrade link.

Once you are verified I will send you details of this profitable zulutrade signal provider along with the settings I use in order to trade in the safest possible way.

signup to zulutrade using my link here then contact me giving me your details. I will then contact you to let you know who to trade with and what settings I use. info @ forex-experts.co.uk

RISK DISCLAIMERYou trade forex at your own risk, I am not recommending that you trade live funds with zulutrade or any other forex broker or signal provider. You must do your own due diligence and demo test my recommendations, if you choose to trade live funds it is your own decision.
 

Daily Online Forex Training in the fx500club live online forex school

July 22nd, 2009 by admin


Today has been yet another amazing day trading with the www.fx500club.com live online trading school. Having spent years learning to trade forex and now having joined the fx500club to sharpen my trading game I find the benefits of being in the fx500club are many fold. I used to just scalp forex for a few pips here and there, making a consistent living trading forex but I always wanted to understand how the financial markets really worked, hence joining the fabulous fx 500 team. The other good thing about all the forex research and learning that I have done over the years is that I can spot a good trader quite easily now and as such pick up a few good trades by knowing where to get the best information.

Well yesterday I posted a link to a thread in a forex forum by a guy called Strat, well I make a habit of checking his thread every day now because I am very keen to make  “stress free” trades on the daily charts, like the method he is teaching on his thread. Check out the usd/jpy daily chart below.

usd-jpy-210709-daily1

If you look at yesterday post you will see Strat traded 10 or so pairs based on the daily candles on the 12th and 13th of july, he went long of usd/jpy after the hammer candle which is also a bullish outside bar, I have no idea where he entered but it could easily have been from 92.70 ish and as you can see it went to 94.80 over 200 pips. Strat is a god.

Well as you know we trade away from support and resistance so the obvious thing to do was to sell once the price had tested that descending trendline on that daily chart. Strat only trades the daily charts so my cheeky trade shown on the 15 minute chart below is taken using methode learned from the www.fx500club.com

usd-jpy-210709

Having done my daily check of all the daily charts as per Strats teachings on his thread I liked the look of this usd / jpy trade for a short, however my cci indicators were not looking correct for a short trade at this level, I could see it needed to test the level of 94.38 which was a significant level because on the hourly chart it had been a resistance level that had become a support level so it was very probable that it would be tested as resistance again. When a significant level is broken the price almost always goes back to test it. Study your charts and see how often it happens.

So in short I went long at 93.95 and grabbed 30 pips on the way up to 94.38 then I immediately went short at 94.30 I closed half at the previous low 93.40 and will ad back to this trade when it retraces hopefully to the 93.75 area. The ultimate target is 92.00 ish, the dollar is looking pretty weak, who knows. Below is the short trade chart.

usd-jpy-210709-down

The fx 500 club was good for me again as well today with James calling a long trade on euro japanese yen for 30 pips we had a small loser on cad but losers are very rare in the fx500club. After yesterdays 100 pip cable trade and this yen trade I can forgive them the odd loss lol. There are also plenty of other opportunities what with thier new email forex signals service and the regular videos that give numerous setups as well. It is pretty amazing that a months mebership to the fx500club is only £97.

Check out some of the videos we receive from the fx500club on thier blog http://www.fx500clubblog.com/

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

Live Online Forex Training in the fx500club school for forex traders

July 6th, 2009 by admin


There were numerous profitable trade calls in the fx500club Live Trading Room today, swissy long, euro usd short, cable short and my trade the euro gbp long. Hundreds of pips available to those who took all of the potential fx500club trade setups.

The best way to learn forex is in a Live online forex training school with professional forex traders showing you live how the spot and take trades all day every weekday. Take a free days trial in the www.fx500club.com

 I took this euro / pound trade because for me it looked to be the clearest setup and due to the lovely sunny weather we are having I like to be in and out of a trade with most of my profits banked and my stoploss moved to breakeven so that the trade is guaranteed profitable.

eur-gbp-060709

This was another trade based on the bunched up moving averages that I am so enjoying trading right now. As you can see   from my chart the price crossed above the moving averages just after midnight during the Asian trading session. All the cci indicators had moved above zero and had turned green, all I was looking for then was the cci 21 to retrace below zero, turning red then wait for the moving averages along with the cci21 to start moving back up. My entry was at 0.8578 with my stop loss just 6 pips away at 0.8572, my first target was an old high 0.8627 I banked 75% there and moved my stoploss to my entry plus the spread (0.8580 = breakeven) so I cannot lose any of my profits on the final 25% of this trade now.

You can also see from my charts that my entry was a the level that was old resistance bocame new support, these levels are very powerful and very good places to enter trades giving you tight stop losses. You may also notice that we have a series of higher highs and higher lows creating a new trend on this 5 minute chart.

I have spent years analysing charts and many different methods of trading forex manually. It never ceases to amaze me how all the different manual trading methods and forex trading systems compliment each other.  I cannot stress enough how important it is to thoroughly learn everything you can about technical analysis before trading with real money.

Join a Live online trading chatroom until you get enough forex trading knowledge and confidence to trade on your own.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Online Forex Training – Learn while you earn in the fx500club live online forex school

June 23rd, 2009 by admin


Dan “the man” Armitage did it again today in the www.fx500club.com, I had identified this potential setup using my new found system the DIBS, Daily Inside Bar System.  Dan confirmed my own analysis after I joined this mornings live forex trading room session at 6am gmt. Dan was using the fx500 clubs own trading setup strategies with the moving averages and cci indicators. The best online forex training in the friendliest forex trading club and school has got to be in the www.fx500club.com. The price is just £97 per month.

I have included thre charts to show this mornings setup, Dans 15 minute chart and the hourly chart, and also my own 60 minute chart with my personal DIBS indicators and chart settings.  The first chart shows Dans 15 minute  short entry was clearly taking advantage of all the resistance of the moving averages above, I took my entry from 1.6310 based on that being the low of the inside bar shown on the hourly chart, 2nd and 3rd charts here. My 1st profit target was the previous low about 1.6266 I closed half and then targeted an old low at 1.6210.

Fx500club 15 minute chart

cable-230609

 

fx500club hourly chart

cable-230609-60

 

My DIBS / Daily inside bar strategy chart

cable-230609-60-dibs

As mentioned earlier I shorted at the break below the low of the inside bar at 1.6310, my stoploss above the high at 1.6333, a very nice controlled trade. I love trading alongside Dan Armitage and the www.fx500club.com team. They are a very profitable forex trading room and I am a great beleiver in more heads are better than one.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Online Forex Training for huge profits with the www.fx500club.com

June 16th, 2009 by admin


This was a combination of three trading systems / strategies that I have been studying recently. Primarily I trade using methods taught to me by the excellent forex teachers in the www.fx500club.com and the www.fxmonkeyschool.com . However when setups are not 100 percent clear in the www.fx500club.com I like to use the additional trading knowledge I have picked up along the way. That is the daily inside bar strategy combined with the 2b reversal strategy . Add all three systems together and it gives you a great deal of confidence to take a trade and stay in until targets are hit and sensible profits are hit.

 Below are the same trade shown using 2 different charts, the first shows the DIBS , daily inside bar setup on an hourly chart, the second shows  the same entry taken using the 2b reversal strategy along with indicators that I use from the www.fx500club.com.

cad-jpy-160609

2b reversal and www.fx500club.com setup below

cad-jpy-160609-2b

below is a chart showing Victor Sperando aka Trader Vics original 2b setup for comparison

2b-reversal-setup

I must point out that the deciding factor in taking this trade was the DIBS, I have only recently started studying this trading method and I am so glad I found it. It is truly amazing. I love the fact that the specifics of the setup dictate that you are generally entering a trade in the direction of the trend for the day, decided upon by the institutions that really move the markets.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Online Forex Training – Live forex training with the fx500club online forex trainers

June 9th, 2009 by admin


Wow, I logged into the www.fx500club.com live online forex trading school at 6.10 am this morning and James Boord had posted possible setups already, class isn’t supposed to open until 6.30am. Anyway by the time I had read the announcements he had already entered the trade, we went short at 1.3970 with a first take profit target at the round number 1.3900.

Great call by James, there were plenty of other trades also today, short euro /jpy, short aud/usd, long usd/chf, in all I had banked 200 full pips from 4 trades by 8.00 am, moved my stops to break even and left the rest to run, free trades and a free day to go and play lol.

Trading is so much easier when done in a live online trading room, the www.fx500club.com share their charts so you can learn as you earn. All for just £97 a month as well.

eur-usd-080609

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room