Jun 9 2010
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Brett Fogle, President OU Forex Trader: Have you watched “The Ultimate Trading Tweak”? You definitely don’t want to miss out on this great content. You can now go and watch parts one and two: My buddy and professional trader Cecil Robles is giving away his powerful money management and position sizing techniques. Using these techniques, you have the potential to profit more consistently regardless of the trading system you’re using.
In fact, Cecil says that some systems can be improved by 100-300%. The pros understand that it doesn’t matter what methods you‘re using to trade... because if you’re NOT using these techniques you’re at risk of losing more than winning. Here’s a peek at what Cecil will teach you in part two of “The Ultimate Trading Tweak”:
• Use this simple tool to make sure you’re not over exposing your trading capital to correlation
• Cecil’s spreadsheet for discovering the value of each trade you take and the exact position size you should be using
• Chart examples of how you can double and triple the returns of your profitable trades without taking on more risk
• Some easy ways for determining profit targets using price symmetry and Fibonacci levels.
This is some awesome f.ree content and I don’t want you to miss out... so check out parts one and two now: By the way, I’m really excited about Cecil’s new trading system, the FX Swing Trader Pro. His beta test group had a total of 49,358 pips of profit based on multiple lots of trades... in just 8 months!
In the coming days he’s going to be sharing more about this breakthrough system as well as a special mentorship program he’s opening up. I strongly recommend you check out his videos before he takes them down. Cecil’s Ultimate Trading Tweak is by far one of the most powerful trading techniques I’ve ever seen. Take time to check it out right now.
If I told you there was a way to improve ANY trading system with just a few simple tweaks... that allows you the opportunity to go from losing money to making money practically overnight... Would you be interested? Well, you're in for a treat. That's because my trading buddy Cecil Robles is about to reveal his secret to making consistent profits... regardless of the trading system you’re using, and...
... regardless of market conditions as well. He’s just released a complimentary video series where he shares some of his best money management and position sizing techniques. These strategies will enhance the profitability of any trading system on the planet... at least any that I’ve ever seen or used. One slight tweak can take you from a mildly profitable trader to an ice-in-the-veins, confident, profit pulling trading machine in a matter of minutes.
Skeptical? Well, consider this... Cecil is a serious professional money manager and trader, with over seven years experience in the industry. And he's also deadly serious about wanting to help you become a better trader.
That's why he’s simply giving away the first module of his FX Swing Trader program... in a series of new videos that I'd highly advise you to check out. The module is called, “Professional Money Management” and I have to tell you, these are some of the most powerful techniques I have ever seen. Here’s what one of Cecil’s clients had to say after learning these simple position sizing and money management techniques:
“In all the years I have been trading (with little to no success), I now know that my biggest mistake had to do with money management and position sizing. It had nothing to do with the system or methods I was using. Thanks for turning me into a profitable trader!” ~David K.
Here’s the link to the first video... check it out now before he takes it down. Cecil is giving away over 1.5 hours of rock-solid money management and position sizing techniques. This is breakthrough information not to be ignored.
Mar 18 2010
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Swing Trading FOREX-4 PACK End of Day Trading Training Kit FREE. Bill Poulos: Well, it's finally here! The doors to my Forex Profit Accelerator Group Coaching Program just opened about an hour ago. The folks on my "Fast Movers" list already started snapping up enrollments, but there are still probably some left here if you get this in time: If you liked any of my complimentary training material I released over the past week, like the Forex Smart Start Profit Strategies, then I think you'll LOVE my complete Forex Profit Accelerator Group Coaching Program...I designed it with one goal: to help take you from wherever you're at right now and transform you into an Independent Master Forex Trader.
One of my readers may have said it best when it comes to coaching: "Many years ago, a very successful Chicago floor trader told me in a phone call that most everyone who becomes a successful professional trader has a mentor. Otherwise, the odds are against him. Last year, I came to the sobering conclusion he was right, that the only way I am likely to make it is through
coaching and mentorship."
Well said. So if you think 2010 is YOUR YEAR to finally master Forex, check out my enrollment letter here: As we head into the weekend, I just wanted to let you know I'm working on a special sneak peek preview at my Forex Profit Accelerator members website. I'm loading it up with a bunch of cool stuff for you to check out, including some eye-opening "trade diary" videos where you can see some current trades I've been tracking using the Forex Profit Accelerator methods. I'll send you your username & password sometime on the weekend as soon as it's ready for you. In the meantime, make sure you check out all the bonus, complimentary Forex training I have for you here, in advance of the opening of my Forex Profit Accelerator Group Coaching Program which opens up at 10am Eastern on Monday.
Norman Hallett from The Disciplined Trader Intensive Program: Coaching is a powerful thing. Getting quick answers to questions and valuable guidance from an expert ... there's no substitute for that. But having a FOREX coach can be a 5, 10, or even $20,000 investment... and for many, with accounts big enough... it's well worth it. But not for the average FOREX trader. Well, Bill Poulos has a solution...
* Affordable semi-private, group coaching, which gives you most of the benefits of 1-on-1 coaching, but at a FRACTION of the investment.
On Monday, March 8th, at 10am Eastern, 35+ year market veteran Bill Poulos is taking on his first group of charter students to join him in an exclusive Forex group coaching program. He first leaked word of this yesterday during his "Forex Smart Start Profit Strategies" training session. Watch the video replay of the entire training here:
* At the end of the training, Bill invites you to apply for some complimentary follow-up training here:
I recommend you watch the training replay and ALSO apply for the additional follow-up training - it's "on the house", and you'll learn a bunch of "what works now" tips & techniques you can begin using immediately... (Also, those that apply for the additional training get entered into Bill's group coaching SCHOLARSHIP giveaway - the lucky recipient will be announced this Sunday!)
Mar 12 2010
Download this 1 Minute
Forex Trading System FREE that makes money instantly anytime you want!Get these
Forex Scalping Cheatsheets FREE and know five different forex scalping methods plus the best time for scalping. Don't miss this 100+ page PDF plus video Forex
Swing Trading FOREX-4 PACK End of Day Trading Training Kit FREE! This type of training you won't get anywhere else and it's all FREE. This training kit is ten times worth more than the eBooks you buy on Forex. Did you catch the replay of the Forex Smart Start Profit Strategies online training I sent yesterday? Hopefully you watched it through to the end, because it gave you a special link to grab a ton of extra bonus training material, all "on the house". And when you grab the training, you also get entered into a cool Scholarship Giveaway where you might be chosen to receive complimentary access to 35+ year trader Bill Poulos's entire Forex Profit Accelerator Group Coaching Program he's opening up the enrollments for on Monday, March 8th, at 10am. Even if you have no interest in the coaching, make sure you grab all the complimentary training before it comes offline.
Bill Poulos: Here's the Forex surprise I told you about yesterday...To further help "weed out" the tire-kickers around Monday's release of my Forex Profit Accelerator Group Coaching Program, I just uploaded a TON of extra Forex training materials that I put on a special Member's Website Preview for you.Here are just a few of the goodies you'll get on the preview site, beginning TODAY:
? Preview access to my PIP FEEDER service where you can get daily lists of the Forex pairs that have met my rigorous trade alert criteria. In fact, these are Forex pairs that have a high probability of entering into potentially profitable positions any day now. I'll eventually be charging $197/mo for this service, but you can see a sneak peek for a few days.
? The "Pip Vault", which contains actual Forex trade example "screen capture" videos, so you can see exactly how you can trade in less then 20 minutes a night.
? Day-by-day "trade diaries" that show you the trading decisions I've making each night on some really great trades (you'll also see a trade that's not really going anywhere yet, and how I manage that situation).
? Previews of the actual CD-ROMs that ship with the course so you can see exactly the type of material that's on them.
? and a TON more...
But don't take my word for it. Go ahead and check it out by visiting the web page here now...
Your username is: readyto
Your password is: enroll
I hope you enjoy this "behind the scenes" preview. I'll be taking this preview site OFFLINE in a few days, so make sure you get in and learn what you can while it's still open...
Aug 6 2009
A professional currency trader may be confident that the US Dollar is indicating overall weakness and the Euro is indicating overall strength for the coming six months after performing the fundamental analysis on both economies. Get Netpicks
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Keeping in view the overall strength of Euro and the weakness of US Dollar, the next step for the position trader would be to open a long position in EUR/USD pair. This simultaneously provides the position trader with long Euro position and a short US Dollar position.
The long term directional bias has been formed by the position trader on the basis of fundamental analysis. Going long on Euro and at the same time short on US Dollar, this combined trading position fulfills the fundamental outlook of the position trader on both the currencies.
However, pinpointing the best time for the trade entry as well as setting risk managed control strategies is best accomplished by using technical analysis. Position trading depends on using fundamental analysis in identifying a profitable position in the currency market and then using technical analysis in setting up the actual trade.
So the position trading uses fundamental analysis in pairing strength with weakness. Now this concept fits extremely well with the forex markets as all currencies are traded in pairs unlike the stock market or for that matter other financial markets.
Position trading with the strength/weakness model is the most logical fundamental method for approaching long term forex trading. Trading forex requires a directional commitment on two currencies for each trade, so position trading is ideal for forex trading.
Buying one currency because it looks like it will become stronger while simultaneously selling another currency because it looks like it will become weaker is a better way to trade as compared to other financial markets.
Your first step as a position trader should be analyze the Central Bank policy statements, economic growth factors of these countries, global economic news etc to identify the currency with the strongest positive future prospects and the currency with the strongest negative future prospects at a given point in time. As a position trader, you will have to do fundamental research and analysis on all major currency pairs.
Suppose you identify USD and CHF as the strongest loser currencies by performing fundamental analysis while EUR and AUD as the strongest gainer currencies in the foreseeable future. Possible currency pairs for position trading could be long EUR/USD, long AUD/CHF, short USD/AUD and short CHF/EUR.
After this, you can enter the trades with the help of technical analysis and hold them as long as they move in the correct direction disregarding minor corrective swings and market noise because the price action is never ever linear. It is always up and down with minor trends superimposed on major trends.
Position trading maybe the most difficult method of approaching forex trading for the beginners! It requires a great deal of patience and faith in one’s own analysis to weather the inevitable swings against the trading position. But if done properly it can be one of the most effective methods of extracting long term profits from the forex markets.
Aug 6 2009
There are four style of trading: Scalping, Day Trading, Swing Trading and Position Trading. Position trading is all about taking a directional market position and holding it as long as the trade makes sense from the trend standpoint. This means that positions are held for longer term.Know
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In the fast moving world of forex trading, position trading may mean keeping a trade open from one week to a month to as long as a year or possibly more. Most individual and retail traders do not have the patience for position trading.
This is somewhat unfortunate as position trading can be one of the most profitable styles of trading due to the fact that many currencies tend to trend well on long term basis. Only those position traders who have the patience to stick with the trend and let their profits run are generally able to capitalize on these longer term price moves.
Position trading due to its long term time frame tends to rely heavily on fundamental analysis along with longer term technical analysis. This is unlike day trading or swing trading that relies almost exclusively on technical analysis due to the short time frames.
Fundamental analysis is geared towards longer term price forecasts rather than swing to swing movements that are primarily the focus of technical analysis. Fundamental analysis concerns itself with the economic forces that drive the major market movements.
The general direction of change in the currency value over the long run is what interests the position traders. The economic forces that determine the long term trend of a currency include interest rates, inflation, GDP, unemployment and help to determine the value of the national currency overtime.
Trading with the trend is what the trend traders do. Position trading and trend trading both follow almost similar approaches. However, position traders often rely on fundamentals along with the technicals; trend traders are almost exclusively technical in nature.
Carry trading can be considered a form of position trading as carry traders hold interest positive positions to benefit from both regular interest payments and exchange rate profits. How do position traders decide which position to take?
Forex position traders weigh strength and weaknesses in currencies by taking various fundamental and technical factors into account. They then establish positions on currency pairs according to their views.
Let’s suppose that a position trader performs fundamental analysis on economic conditions surrounding the major currencies and is of the view that the US Dollar is indicating fundamental weakness going forward.
At the same time, the position trader thinks that the Euro is showing significant fundamental strength going forward. This opinion may have been formed on the state of inflationary pressure in the economy, the recent rate of economic growth, comments by the Federal Reserve Board (FED) Chairman or the President of European Central Bank (ECB), the state of ongoing recession and so on.
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