Can You Make A Living In Forex Signal Copying!? Is It Possible?!

Can You Make A Living In Forex Signal Copying!? Is It Possible?!

Is it possible to make a living at a full-time career out of following someone else's signals? So what an interesting topic this is. Can you make a living by following someone else's trade signals. Very important. Certainly for us anyway because we work for forexsignals.com. Joking aside, it is a valid question. And I think it needs no further analysis. My experience over the last... you know 20 years or so trading the trading the screens. I've seen a lot of people come into this business, trying to give up their day job. Thinking they're going to be a trader. This is their road to riches. It's a get-rich-quick scheme, okay? They don't like their current jobs and they think they're going to be you know just switching on the screens and making a living. People are looking quite often for the easy way out.

And this approach has really led to a real growth industry in the forex signal service business. Basically, what a forex signal service is, is exactly what it says on the tin. You know you pay a subscription. A monthly or annual subscription or whatever payment plan you have with the provider. And that provider will send you a signal to your email, to your smartphone or what have you. And that will be a buy or sell with stop loss levels, take profit target levels might even have some risk management in there as well. So what a signal service will do? Send you the signal you as a trader will take the signal and off you go. You try and make money. You've read on the tin that this strategy makes twenty percent in the course of the year, so you think that is great. Well, I thought sure--- I don't think it's a really as easy as that.

And I think you need to put some more analysis into the civil service, and we'll talk about that a bit more in in a moment. But there are certain advantages. Am I following a signal service and the first advantage is: Learning to trade itself is not an easy task. Is not something that you can do overnight. Not something you can pick up a book, read the book and then you become a trader .It takes time. A lot of time. I've been trading for thirty years, twenty years really on the screens. Takes a lot of time and a lot of screen practice.

And that caring love bullets. So for your signal service having faith in someone else to make those decisions for you can be a huge advantage. Now, let's assume that strategy you're using or that the provider is using has been that tested. It's got a good track record. Presumably, they've done their back testing. That testing is an incredibly boring task. It has to be done. You need to know how the strategy performs. So if you want to follow a signal service, you've got to assume that that provider has done all that back testing for you.

He's taken all that hard work out for you. So there you have a strategy. Honest back testing. It's got a great return on investment, off you go with it. Well quite frankly, here is where I think the double-edged sword is. It's not quite as simple as that. When you follow a signal service You basically... shifting the responsibility onto someone else. And it's very easy when you shift the responsibility onto someone else to blame someone else when that strategy goes wrong. Then you start losing, okay? That's a lot of the reasons why people do it. They don't want to take some responsibility. But I think to use a signal service in the most effective way, you've got to take some responsibility. Okay, you've got to understand what's going on behind the strategy. So you've got to understand the characteristics of that strategy.

How it informs in volatile periods. What the maximum drawdown is. What the maximum number of consecutive losses will be. What's the maximum number or potential gainers you're likely to see as well. It's only really have their the information. That you're able to have more trust in the actual signal service itself. Very easy to throw out a signal service because you've had fire losing trades. Then you move on to the next signal service. And then the next one and the next one and the whole cycle repeats itself.

So you need to do some further analysis into the signal so that you've got confidence to stick with the strategy indeed when it does have those drawdown pillars. You need to know what is going on behind the scenes behind that signal. Now the other thing I think I want to talk about is the risk management. Risk management is crucial when you're trading. A lot of these signal services that you see they don't really include the risk management. The big picture. They might say only risk 1% on the trade, but they're not looking at the big picture in terms of your trading plan. Where you want to be in a month's time, six months time, a year's time, in two years time. This just basically a quick profit and that's what they're basing themselves on. To become a successful living making a living out of trading, you've got to have a plan.

You've got to have a strategy in terms of risk to take you forward. A lot of these strategies these are similar services don't provide that for you. So what you need to do basically quite frankly, is follow a single service. But know what's going into it. What's the backbone behind it and the bigger picture. Psychology, risk management. Now here at forexsignals.com, we do exactly that. We provide signals of course. We also provide the education.

The education behind the strategy. We teach you why we're taking such trades. We teach you the thought process what's going on behind the strategy. We talk to you about how to back test. How to analyze a strategy. How to actually see if this is credible going forward. What's the expectancy. That basically means what you can expect from that strategy. How many losses you could potentially have on the bounce. How many potential winners you can have on the bounce. We also factor in the risk management as well. We look at that in a very serious matter It's so so important risk management, so we cover that as well. The other thing you need to look at is the psychology behind training. Psychology it's pretty much 70% of everything we do as traders. Even if you're following a signal service or even if you're trading yourself. Psychology is crucial. You can follow a signal service. Have some losing trades. You then start doubling up or you then start throwing it out and getting another strategy. All this is the psychology. Getting a signal service without that analysis can lead to danger.

So I think it's fair to say there is a work, there is a space for a signal service. But you've got to look into it in the big picture. You've got to look into it is as part of your trading plan. Sure it takes some hard work away, but you've got to put a little bit more work into it. Believe me, there's no signal service out there that you can plug in follow religiously to give up your day job.

But there's certainly a space for it. I hope this video was insightful. And if it was, give me a thumbs up. If it wasn't, give me a thumbs down. Of course always leave a comment below. We'd love to hear from you. Love read in the comments. I get back to as many as I can. Subscribe to the channel if you haven't already done so and of course you can follow us on Instagram. In which case you get to see all the work that goes on behind these videos. Thanks again for this thing and till the next video good luck! .

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What are commodities?

What are commodities?

Oil, gold, wheat, livestock. Commodities are the basic building blocks of the global economy. Natural resources traded on dedicated exchanges around the world. Commodities come in two types: soft, which are typically agricultural like rice or sugar, and hard, those made up of metals or energies like silver and gas. The production and consumption of commodities depends on many factors, including: supply and demand, the weather, economic and political events and the dollar, as commodities are normally priced in US currency, meaning commodity prices can fluctuate significantly.

So, how do you trade them? Commodities are bought and sold on a number of exchanges specialising in particular markets. For example: NYMEX, in New York, LIFFE, in London, or the SHME in Shanghai. They are generally traded as futures contracts, which are simply agreements to exchange an asset at an agreed price and date in the future. future. This enables you to trade the contracts themselves without ever having to own the underlying asset. But remember, commodity prices can be very volatile, so it’s vital to keep an eye on the potential downside when placing a trade.

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Top 3 Technical Analysis Indicators (Ultimate Guide)

Top 3 Technical Analysis Indicators (Ultimate Guide)

Hey everyone, this is Kirk, here again from optionalpha.com. And in this video tutorial, what I want to do is help you guys figure out where a stock may or may not go in the future. And I think as we start to talk a little bit more about technical analysis, it's important to realize that it's not the end-all(?) tool. And even in my own progression of trading, I used to use technical analysis a lot more than I do now. But it still serves a really good purpose because you can get some insight into where a stock again, may or may not go in the future, and I think if you have technical analysis set up the right way on your charts, it's very easy to again, just use it as a little bit of an edge. Now, one quick comment on setting up too many technical indicators: I often find that when I coach people that they have 45 different technical indicators they're looking at, and you get into this mode of analysis paralysis where you're just looking at this indicator and that indicator and whatever.

So, I'm definitely a fan of setting about three to five technical indicators that you like to use, that you found to be successful, and sticking with those long-term, and getting to know how they work and how they move, and what kind of signals they give. So, that's my suggestion on the types of trades that you should be making and how you should be using technical analysis. Now, what we're going to do today is we're actually going to show you how to set up three of the different technical indicators that I use, including MACD, CCI, and RSI. And I'll show you how to set them up in . And obviously, you're a broker if you're using some way different, might have a different set up. But it's all basically about the same. So, the first thing that we're going to do is we're going to start with this base chart. And today, we're just looking at IWM. So, we're just looking at one of the major market index ETF's.

And you can see we've got pretty much nothing on this chart. That gives us an idea of where the stock may or may not go, we can draw lines and all that stuff, but no real technical indicators. So, what I want to do first is I want to go up to here where to studies. And I want to edit studies. And so, you can see, there's no studies on here right now, but I'm going to add a study. So, on the left, I'm just going to search for the first one which is MACD. So, I want to use MACDTwoLines. And there's a bunch of different ones you can use � Histogram, Crossover, TwoLines, just regular MACD. But I like to use TwoLines. And then, inside MACD, you can see that there's a couple of different settings. So, the first setting that I want to do is I want to change the fast length which is this one right here.

Fast length which is currently at 12. I want to change that to 15. So, that's the first change I'm going to make, and then I'll explain what these different lengths mean. And then, the slow length is currently at 26. I'm just going to even that out just a little bit more to about 30. So, here's what they mean. With MACD, basically, what you're looking at is two different moving averages, and you're using a faster moving average which in this case is about 15 days, and a slower moving average which is 30 days. And what we want to see with these two moving averages is this convergence and divergence in them, meaning is the momentum and the security. Does shorter term momentum relative to the longer or slower term momentum? Is that increasing or expanding against itself? All right, so is it momentum coming into the security or is momentum coming out of the security? And so, once we actually put those on our charts, you'll see all I do is hit apply.

And go here and hit apply. And you can see that now MACD is on the bottom side of our screen. Now, once we have these on these charts, you can see that the green line which moves a little bit faster and is kind of a little more edgy, it moves quicker with the market because it's a faster moving average, it's only 15 days. This one is going to move much quicker with the market as opposed to this purple line which is our slower moving average at about 30 days. And you can see, they generally both move in the same cycle, but there's periods in which we see a cross of the slower term moving average which is green that crosses above or below the purple line.

Now, in our case, we are looking for specifically that cross in the moving average. So in this case, the one that I'm pointing to right now on the screen, this is the moving average that has now crossed under the purple line, and that gives us a very clear sell signal. So, when we see that shorter term moving average, that green line, cross under or below the purple line which is our longer term moving average, that means that short term momentum is getting sucked out of the security relative to long term momentum, and therefore, we should be out of the security or at least be weary of a selloff. Now, in this case, that ended up being a pretty good signal, right? And we look back historically with IWM, and that signal really carried us until the next buy signal that we had down here in August.

So, you can see now we got a new signal where that shorter term moving average, the green one, crosses above the purple line which is our longer term moving average. And that right there gives us a very clear cut buy signal. And you can see that again, that was a very good signal because that buy signal here carried us through to the next sell signal, and so on and so on. So, MACD is one of my favorite ones to use because it is just a little bit more reliable in just judging where a stock may or may not go in the future.

Now, as I say that, I'll point out, and even on this chart right now with where stocks are trading right now, we had a point in time where the signals weren't that clear. So, there's obviously flaws to technical analysis, and this really kind of drive some of the point here that these signals weren't 100% clear at this time. You can see we had a couple of different crosses as MACD was continuing to move lower. But as that happen, the stocks just basically stayed sideways. There's a lot of volatility in there, but the stock really stayed sideways, heading towards the future. And so, it's important here to just as always, take this with a grain of salt. What's really important with technical analysis is just where a stock may or may not go, and how relatively overbought or oversold it is. So, if you start to see MACD really, really starting to extend like this and just run for a month in a half, it might be best to start again, pairing down your positions or at least getting a little bit bearish in some of your trades.

So, that's the way that I use it. And again, it's pretty reliable on those stocks, but you'll have to go back through and back test a lot of those. So, as we go through here, let's add a different study. So, we're going to keep this one up here, and we're just going to add another study to it which is my second favorite, and that is CCI. So, CCI is a little bit different. We're going to change this one as well. The length of CCI's is similar to MACD, and then it judges timeframes in the past. It's currently set at 14, and we're going to widen this out to 31.

And what that does by widening it out to 31 is just takes in more data, and gives us a smoother transition. So, if you have a 14 day setting on your CCI, you're going to get a lot of signals because it's based on data going back and forth about 14 days. And sorry if you're heating a bunch of those alerts. That's just trades that are going off as I'm doing this video. So again, with a shorter term indicator of 14 days, you're going to get a lot of signals back and forth. Moving out to 31 days and changing that timeline just gives you a lot more smooth data and a lot less signals, but more defined signals. So, the way that I use CCI is for basically, trend analysis, judging to see where the market is relative to an overall trend. So, what I'm going to do here is I'm just going to take the oversold and the overbought. I want CCI to be in blue. So, I just want it to be a little bit more defined here. Okay, so here we are with CCI. What's important to notice about CCI is that the most important line on this chart is actually the zero line.

Now, on here, I do have the 100 and the -100 because that's what defaults in the indicators. On my particular charts, I like to take those off if I can because I'm not looking at that line. I really want to be focused on kind of this zero line, and that's where we get our buy signal or sell signal. So with CCI's, basically an indication of continuing momentum in the security, and so, what we want to see is we want to see a cross of the indicator above or below that zero line. And that gives us an idea of where a stock might go in the future.

So, you can see, we got a cross back here in - This is in October, if you can't see the date here. And you can see that that cross in CCI did lead to some nice rallying in the stock as we kind of headed towards the end of the year. And it's not all about being overbought or oversold. So, just because CCI gets to extremes does not mean that that creates an opportunity necessarily to buy our sells. So, that's one difference with CCI's opposed to some other indicators, it's that it's not about being overbought or oversold, it's about crossing that zero barrier. And here on the charts, you can see that we had a CCI kind of cross or go to an extreme here back in December, and it dropped low to an extreme. And although it was a slight little buying opportunity, it wasn't some huge bottom because the stocks obviously haven't bottomed out and have reversed since. So, don't use it as the extreme. You want to use it kind of right along this zero barrier.

Now, what's really cool about CCI is that if you go back in time, and especially with SPX - So, let's look over at S&P 500. What's really cool again, about CCI is that it's a trend indicator. So, on the left hand screen, you see here we have CCI that's over here. That cross above that zero barrier gave us a buy signal. It never gave us a sell signal until we got to the point of August when stocks actually did decline. So, even though it had all of this overbought, oversold that was moving all over the place, it still remained the entire time above that zero barrier which just means that we're in a bullish or upper trending market. And it wasn't until we got into August that we got that sell signal which was pretty defined, not only on the charts, but also in the indicators that told us to get out of stocks temporarily. So, a really good indicator. I love using CCI as well.

There are my top two. All right, let's add one more to the charts here, so let's go here and go to the studies. And we're going to go to edit studies and we're going to add RSI. And we're going to add RSI right to the chart. So, we can just leave RSI exactly as it is. And now, we have RSI down below. So, I'm just going to try to minimize these two here, so you can see RSI down below. Now, RSI is a little bit different. RSI is a judge of relative strength in the index or the stock that you're looking at, and you are with RSI looking for these overbought and oversold ranges. So, you can see here that the overbought range is about 70 reading on RSI and the oversold range is about 30. Everything in between is relatively useless because you are really looking for those extreme points at which stocks become overbought or oversold. Now, when we look back in time again, with CCI and MACD � And let me just kind of try that, swoosh this down just a little bit.

Here's the look at the S&P 500. You can see that we did get a reading all the way down here on RSI below 30 which ended up being almost a perfect buy on the market because stocks really bottomed out from that point and continued to move higher. Likewise, as the market was moving higher, we got an oversold reading towards the end of November, beginning of December, and that ended up being a pretty good signal to get all the stocks because they did experience a nice little decline afterwards. So again, with RSI, you're looking at the extremes and only trying to trade the extremes in this security and ETM indicator. Now as always, every indicator has its flaws.

Here are a couple of times in June and July where it signaled a bunch of market extremes, and we didn't see that at all. In fact, we saw stocks over that time period start to increase a little bit more. And eventually, they did fall off, but it wasn't quite as pronounced as some of the other indicators that we've seen here before with the market bottom here and the market top here. So as always, these indicators have flaws. It's important to kind of use them in conjunction with one another. So, as we go back to IWM, I wanted to show you just how I would use indicators and how I do use indicators and technical's with my trading. And it's this idea that they all have to be in some sort of agreement, okay? And so, I think that's the key here. It's that if you look at all three of these indicators, they all are moving in about the same ebb and flow. And it's just incredible how these markets move in the same kind of flow and cyclicality. And you can see, all three of these indicators are moving in about the same ebb and flow.

So, it's just important when you look at something that you kind of draw a line in the center and say, �Okay, relatively speaking, where are all of these things pointing? Are they all relatively high? Are they all relatively low? What does that mean for my trade? Do I go bullish? Do I go bearish? Whatever the case is�� But again, don't get caught up in analysis paralysis. Just look at the general picture, dissect each individual, one of these by themselves. But then, kind of gleam some inside into the fact that they are all pointing in one direction or another direction or whatever the case is. As we look at the markets today to kind of wrap up this video, you can see that we've definitely reached high and we're kind of coming off of that high on the market. MACD is continuing to point down because we don't have a buy signal.

CCI has just crossed back under that zero barrier, so we definitely have a bearish market that we might be heading into. And RSI is definitely not oversold and it's not overbought either, and it's definitely pointing towards the downside. So, at least at this point, without knowing exactly where the market is going, we're going to air on the side of caution that stocks may continue to fall here until we see something that tells us that they might turn around. So, I hope you guys really enjoyed this video. This was a lot of information. It took a long time to get through, but this is really all what technical analysis is about. It's about adding a couple of different indicators to your charts, making sure that they're customized to fit your trading timeline. In our case, we like to have a longer timeframe in most of the indicators just so that it smoothes out a lot of the data that we see. But then, also using a couple of these to make sure that they're kind of in agreement or congruence with each other as we look to find out where a stock may or may not go in the future.

So, if you have any questions or comments, please add them right below this video lesson. And I'll make sure I get back to all of those in a timely manner to get your questions answered. Until next time. Happy trading! .

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FX Market Size - Liquidity

FX Market Size - Liquidity

In this video, you’re going to talk about foreign exchange market size or liquidity. Liquidity refers to how much money is flowing through the market at any given point in time. Because foreign exchange is an over the counter or OTC market there is no central exchange to tally up the daily trading volumes. Instead most people refer to a report produced every three years by the Bank for International Settlements or BIS. This is the Triennial Central Bank Survey.

The last one was published in 2010 and shows average daily turnover in the global FX of US $4 trillion. There is evidence that the current levels are significantly higher than this even. Let’s put this in perspective. This chart shows daily turnover in the FX market in comparison to the value of turnover in all of the world’s equity markets combined. As you can see, FX is many, many times large. This chart shows a breakdown of the FX trading volumes. The most liquid currency pair is EUR/USD with 28% of daily turnover. The next most liquid is USD/JPY, which at 14% accounts for only half the volume of EUR/USD. In third place is GBP/USD or cable as it’s sometimes known and this pair represents 9% of the daily turnover. These three pair alone account for just over half of daily FX turnover based on the BIS data. Again to get some perspective on this, this chart shows that the average daily turnover in EUR/USD alone is greater than that of all of the world’s equity markets combined.

With this much volume liquidity is rarely a problem if you’re trading FX. For more information about trading foreign exchange, please contact our global trade support team. They are standing by 24 hours a day while the FX market is open, ready to take your calls, answer your emails and help you out. .

Best CryptoCurrency Trading Tip Ever

Best CryptoCurrency Trading Tip Ever

I've come across a very important trade tip when I was browsing YouTube videos today and I want to share this with you guys. This kind of embodies my whole experience with cryptocurrency and if I discovered this maybe a year or two ago I wouldn't have made some of the mistakes I've done so I'm going to show you guys a very quick video and will explain to you guys why this video is really important to me this video is between Omar crypt0 and has interview with the market sniper also known as francis hunt already without again yeah I do have I'll finish with one or two other minor tips this is going to help you guys and they can get some of this from me . okay. No shorting No leverage.

It takes discipline but that's slightly more patience yeah this is some of the stuff going up an event in a day just in a day you don't really stay in the game the way you don't make the money as you get shaken out the game stay in the game and you're going to be a winner we have an expanding market that's the finest thank you so much so what's up there so this is the distilled knowledge from this experienced trader in cryptocurrency and he said the most important thing which is stay in the game don't short to yourself by shorting what he means is there's just sell and hope to buy at a later time for a cheaper price and I did exactly that when I first started cryptocurrency you know I'm not afraid to admit my mistakes and that's one of the biggest ones you know when I started mining Bitcoin you know I was all excited about it you know I was mining and the Bitcoin was stable at $10 you know it's unbelievable now but when I was mining it was at $10 right so stable at $10 for three months and suddenly it rose up to $50 and I'm like damn I'm smart I would sell $15 I will buy it back at maybe $1211 and I'm gonna make a fortune well guess what it just kept going and going and going and you know in my heart I was just waiting for that one moment to just buy back and get back into the game but it just went up to a hundred and up to a thousand and now it's at 2,200 and it's just so hard to fight that kind of initial instant you feel like oh the market is going to drop tomorrow I really feel it I feel hunch that this market is going to collapse - the bubble is coming I want to sell now.

But you know the market will punish you for for overestimating you know when I made the same mistake again this week you know I was looking at a theory announced that you know 100 once a program hundred it's 130 you know it can't go up any more it just can't go up any more you know it had a hard time finding 100 you know going up to 130 you know it's going to drop down to maybe 110 maybe a bit below 100 I can just sell at 130 buy back at 110 nope same mistakes kept going up and not be serious now at almost 170 again you know that is the key hard hitter here like this is an expanding market and if you feel like you want to short something and you want to buy it back tomorrow then maybe you won't have a chance to you know this like like I said its growth this market grows at 23 50 percent a day and if you really feel like this is something that you think you should keep then keep it keep it because the market is just insane and the market is unforgiving second thing is also very important as well leveraged trading so this is something that the exchange is pushed to you if you go to Polonia ax and you see can go for a margin and start borrowing money and trading if you go to crack units well you can use a 5-time leverage trade on the BTC - US dollar so this sounds very promising after first because you get five times you quote you can Quinn temple could control your money you know I mean like five five makes five times more money than you normally would so if you're trading and you're winning you can like like like not just double but five times your winnings and that is actually a promise that um it appeals to someone who feels aggressive about currency but one thing you have to remember is that the exchanges will always act in their best interest they're pushing this to you because they can make more money for me to get more fees from you and the actual fact is that if the current season drops by any sort of freak accident you know one just one freak hour and the currency drops by say half right if it drops more than half its the exchange was it's going to liquidate all your assets you know it's going to liquidate all your money to try to cover up for that loss and it might just get split second it might just be like this split freak second and you can't login you know at that freak second to just put more Bitcoin in and your assets are going to be gone so that's why you should never ever trade on a leveraged position with cryptocurrency because you just don't have the tools to even do that I mean in real life if you trade on the leverage position you know the exchange can even call you say hey look you're you're you're going to meet a margin margin call soon but you know on in cryptocurrency they don't have your details they don't care about you Polonia overloaded as it is they just care about getting more money for themselves and that's why you never use a leveraged position so guys those are two very P points and I think he summarizes very well on trading of course this is not some trading advice I'm not the trading expert if you guys want to watch market sniper you can check them out on the link below I think he has some great advice if you want to watch Omar's journey Kryptos journey in consensus and when link is channel below but that's a very very cool video and that summarizes some key points I think the two key points I think if you guys are trading cryptocurrency what do you guys think about this tip do you think do you agree with the point set or do you disagree I would like to hear both put them on the comments below and also if you like this video please do remember to Like and subscribe to my channel I have tons and tons of videos about cryptocurrency different coins and I even have live sessions so if you subscribe you won't miss all any of these videos! thanks for watching

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learn reading of forex chart

 the simple skills to hold forex, is through how to clear up forex charts, is in truth important .


This is over once you consider this compelling capacity underneath your belt, veritable leave stage a assortment easier further quicker when the point comes whereas you to learn again ring in an demonstrable forex trading system


By the juncture you effect this article, you'll look up how to render forex charts, due to positively in that feel certain the pitfalls that guilt show up when reading them, especially if you haven't traded forex before
Firstly, let's revise the basics of a forex trading since this relates forthwith to

how to read forex charts .


Each currency entwine is always quoted character the straight passage. now example, the EURUSD currency compound is always now EURUSD, hush up the EUR over the domiciliate currency, and the USD thanks to the terms currency, not the contrasting path hostility salt away the USD finest. ergo if the dummy of the EURUSD shows that the workaday remuneration is fluctuating around 1.2155, this component that 1 EURO will engage around 1.2155 US dollars.


And your bag size (outside standing) is the figure of base currency that you're trading. repercussion this example, if you enthusiasm to clinch 100 000 EURUSD, you're buying 100 000 EUROs.


Now let's be credulous a speculation at the 5 chief steps on how to refine a forex chart.


1. If you sign the currency pair, that is, you're crave the position, realise that you're looking seeing the layout of that currency conjugate to striving up, to impel a good on the business. That is, you long the decree currency to cheer against the terms currency.


On the particular aid if you dole out the currency span to succinct the position, and so you're looking thanks to the perspective of that currency join to one's all down, to commence a welfare. That is, you wanting the moor currency to blunt rail the terms currency.


Pretty unvaried wherefore far.


2. Always subscribe the occasion body displayed. frequent trading systems will gravy train compounded case frames to flaunt the entry of a trade. over example, a model may perk a 4 go at also a 30 stubby scheme to trot out the overall trend of the currency grapple by using indicators jibing thanks to MACD, momentum, or assistance also resistance lines, besides therefrom a 5 pygmy model to hinge considering a turn out from a provisional submerge to make out the original entry.



So certify that the idea you're looking at has the true situation shape due to your analysis. The first-rate way to carry out this is to concur increase your charts salt away the well-timed circumstance frames also indicators on them over the conformation you're trading, also to preserve besides reprocess this layout.



3. On greatly forex charts, palpable is the go fee moderately than the ask payment that's displayed on the layout. call up that a charge is always quoted duck a shot further an cross-examine (or mention). considering example, the habitual remuneration of EURUSD may exemplify 1.2055 shakedown again 1.2058 hunt for (or name). When you buy, you acknowledge at the ask, which is the hefty of the 2 prices money the spread, and when you sell, you hand over at the bid, which is the minor of the two prices . If you assistance the model charge to determine an chamber or exit, realise that when you found an behest to make over when the treatment emolument is jaw 1.330, accordingly this is the remuneration that you'll entrust at domineering no slippage .
If on the contrastive hand, you form an command to okay when the perspective emolument is the trimmed price, since you'll largely grant at 1.3333. A forex fashion entrust usually manifest whether your orders will express placed smartly according to the form emolument or whether you propensity to consist of a buffer when buying or selling ..


Also case that on divers platforms, when you're placing eliminate orders (to acquiesce if the fee rises large a express price, or hand when the fee falls subservient a clear-cut remuneration) you subjection exemplary either "stop if bid" or "stop if offered".


4. Realise that the times shown on the ship of forex charts are set to the inherent juncture region that the forex provider's charts are shake on to, sell for tangible GMT, added York time, or contrastive occasion zones.



It's commodious to hold a globe descry available on your computer desktop influence direction to priory the differential instance zones. This is capital when you're trading vital economic announcements


You'll thirst to nunnery the situation of an recital to your unique time, further the perspective time, hence you'll be acquainted when the particularization is scene to happen, again and so when you salacity to trade


5. Finally, buy into whether the times on your forex charts corresponds to when the candle opens or when the candle closes. Your charting software may serve weird to someone else's command this way.


The deliberate I mention this, is that if you craving to bag indispensable economic announcements, either by inbound a bag based on the movements that ensue later the announcement, or to end a line before the report ropes avoid getting stopped independent during it, wherefore you inclination to impersonate good (to the minute!) for these trades are performed according to what happens at the 1 petite away touching the announcement, not the candle afterward so qualified you affirm it.


You seeing credit the 5 innate keys to how to properly explicate forex charts, which commit succour you to lose the typical mistakes which abounding forex beginners set about when looking at charts, besides which will smooth addition your abide when you're looking at forex charting packages, further forex trading systems that you enthusiasm to trade


Now that you perceive this, live looking at forex charts protect each of these 5 points leverage mind So realize to it and don't wait . good luck

ABC starting in Forex Trading

ABC starting in Forex Trading

his article is for beginners to get an idea of ​​the initial observation of Forex trading .
To make a decision to start Forex trading as a tool towards financial freedom .

There are 4 basic points you need to do as a beginner in Forex trading .

To trade Forex is that in their own money and decision-making. So we need to find a guru to learn the know how of trade so as not to . Learning basic Forex through education is very important ; This will help us avoid the full error that others had crossed . In order to be on top of other traders , you must regularly and constantly learning new things about Forex . Another good source of knowledge is reverent reading many books as possible. Because different author will have different ideas and points of view or experience they had. Others who are more informed and save you create effective business strategies.

You need to find the right platform that is handling their business tools . This gives you an advantage and lead to success and financial freedom. Follow we need to develop a good strategy and good technical analysis to build your portfolio . Like a good service provider - corridor, which also meant that he must follow the rules country and state regulations and consumer protection . It also meant that you can get quick and responsive customer service from help. Also, when you open or close a position , you can deposit or withdraw funds in any danger . As an important new entrant needs a demo account to learn the craft and learn well all the error .

Learn as much as possible in the fastest rate of all basic about Forex trading. If you have any questions you can easily access information from the internet support platform users . There are tons of information on Forex trading you can get from the website , only need to filter and extract all the information for you.

The last step to succeed in Forex trading is to develop your own set of trading strategies. Set your own goals and follow the movement of the daily market, develop a new strategy and try your idea again. You also need to have money management in all trades is right or wrong.
After all treat trading as a business does not play and eventually lead to financial freedom .

don't miss our free Forex signals at our blog

Trading Gaps for Daily Profit

Trading Gaps for Daily Profit

Hey my friend thank you for read this article on trading gaps for daily profit this is Barry burns with top dog trading and let's jump right into it so training gaps is one of those classic techniques that everybody learns normally right at the beginning of their trading career and it's a very very popular way of trading it's very appealing in the sense that it looks easy at first glance and it also is one of those things that doesn't work as well as it used to and it doesn't work the same way as it used to work but that's not surprising because it is so popular anytime anything becomes popular guess what that's raid about the time it stops working everybody knows about it everybody starts trading it and guess what most people lose money so once everyone starts doing something it stops working you've got to have an edge by that I mean you can't be doing the same thing everyone else does so here's the classic pattern that people are always looking for so we've got one day here by the way these are California times down here and this is a daily no it's a three-minute stock chart and so you've got your open way down here and the previous day closed way up there in the easy way for trading gap trades gapped reading strategies gap trading intraday gap trading rules whatever is to just say okay I'm going to trade it back into the close of the previous day in Japanese candlestick patterns by the way they also traded gaps and they call it closing the window so it's really nothing new to the Western world the Japanese were way ahead of us on that so they said okay windows open and now it's going to close all righty that's great any yep that's fun when it happens but it's not the way it normally happens anymore I'm sorry they never make it easy for us to do it do they okay but obviously it's still that happens sometimes and there is an example now let me show you what happens most of the time these days here's another example and if you were you say alrighty we closed here this day and we opened down here this day and I'm just going to trade the gap clothes right away you'd be a sad little puppy because it didn't close right away in fact let's watch this whole day see how it closes when it closes all right so we think well okay I'll just treat it later in the day and the day ends there's the end of the day and it still didn't reach the gap close there's the line right there so one of the questions when it comes to technically how to trade this is alright where do we put the line so if we're looking for the gap to close now technically you would say we should do it at the previous day's close because that is literally closing the gap it closed at one price one day and then it opens at another price another day and you're waiting for it to close or get back to the close of the previous day that's not the best way to do it the best way to do it in my opinion is to look for the little low there and that's just a more conservative way to trade it because I've seen many times where if you put it at the close or the last bar could be a green bar and it may be the close would be up there then and the markets are not that perfectly neat and tidy and so they're kind of messy and they're messy because you've got millions of people all over the globe trading and teen different things different time frames and so forth so don't expect it get to the exact penny pip tick or pixel on your chart that you wanted to get to allow for that messiness would be conservative and place it at the lowest low there and wait for it to come back into that level ok so now that we have established that technique here's the other thing that I want to share with you after at the market gaps quite often what happens is it goes kind of sideways for most of the day in fact yeah so what happens there you go big move down with our nice gap boom okay and goes all the way on actually goes all the way down to there in the first three minutes so from there to there in the first three minutes what happens the rest of the day not a whole heck of a lot of anything alright it just kind of goes sideways that is what normally happens now that is the norm that is what you will see more days than not and remember trading is about trading probabilities and we never know what's going to happen there are no certainties so we're trading probabilities and this is the probability scenario and part of the reason logically is because after the market has a big move down and remember this is not showing any pre or post market data because if you show pre and post-market data you won't see the gap so there's been trading that's going on over an eighth day or early in the morning before New York opens and now so what's happened is a bunch of people shorted and when the market opens open outcry and most people are looking at their charts they're saying hmm dang I don't know I've already missed out on that big of a move so whatever I want to do do I want to go short now I mean the dominant direction is down but I already missed out on all that so psychologically the Masters are saying I'm getting in too late on the other hand the sentiment is bearish so some people are thinking gap and ghost some are gonna buy thinking that the gaps gonna close and you've got this conflict so you've got people on both sides in the bottom result is that after gaps quite typically on a daily or a intraday chart the market really just doesn't go anywhere just kind of goes flat for the rest of they it's usually not a great trading market for the rest of the day so here we go and it's a several days down the the pike here about three days later and we get another gap so from there to there do we get a gap close if you're gonna trade the gap closed maybe you even wait for the peak there to come back down nope sorry you are not going to get it the whole day goes by and they does not ever close so what does happen well just what I said gaps up and now we've got conflicting views in so therefore the market goes sideways for most of the day it finally does go up but again goes up in the afternoon after lunch actually so if you are going to look for a market move after a gap usually it's going to be after lunch and that's exactly what this is this is one o'clock New York time ten o'clock California time and where does it go it goes back to this blue line hey wait a minute what's that blue line well that blue line if we scroll back that's where this gap started so the gap does close eventually this gap that we just showed but it closes not the same day there's day one and I'm gonna scroll through faster the two nope day three yes yes so it took three days for that gap to close therefore what I recommend is that you do put these levels on your chart and make them something unique like a different color or whatever color you want that you know means something to you but just that you don't use for anything else so you might use something that stands out you're not gonna use it for other support resistance levels so let's say when they use goldenrod okay and we're going to make it a little thicker so it really stands out and that whenever I see that line with that thickness I know oh wait that's where a gap close would occur and it is acting like almost like a magnet really that yes the markets are very aware of gaps the masses are aware of gaps no question about it and for that reason they do tend to have a self-fulfilling prophecy so I put it on there but I don't expect us necessarily going to fill in the first day or even two might take three I take more oh in fact what the heck let's look further let's take that puppy off of there and let's look in some further examples here so here we get another gap from there to there that's the open and that doesn't close there's your gap from the previous day okay so that one doesn't close and we do not close that day let me just put the line on there again make this clear for you so there I would put it there see now this day we closed here but I wouldn't put my line there I'm gonna put it down here just to be conservative right so then now look what happens this is cool let me ask if that's all in one chart you can see this so we gapped down this day we don't fill that gap that day again notice how the market kind of just goes sideways for you know most of the day then the next day the gap fills but you don't really have a chance to take the trade for the gap fill because it gapped up into the gap fill so it gets down and then it gets back up into the gap fill well great no opportunity to take that trade unless you were treating overnight again we get the same dynamic here that I was talking about a pretty good gap up okay goes up and then what's it do for the rest of the day just kind of go sideways sorry not really anything exciting to do if you didn't want to do something and be in the afternoon take that little move there so now this level it's not only a gap closed but it is a support levels the market bounces off of it comes back again as support in bounces back off of it alright goes back on up and let's see there we go get another one good fact we got two more so let's look at these real quick I've got a gap up market again it doesn't really go up much from there it goes kind of sideways does not fill the gap next day gaps up it's a gap and go goes up but again what most of the day after reaches its high it's just going sideways the afternoon you get your movement where it breaks out alright well if you like this video please understand that yep it's free but if you got value from it please you have a moral obligation to pay it forward by sharing it with other people click that beautiful little share button below it's a real pretty nice little button there and you will feel good you will sleep well tonight if you click that button knowing you did the right thing and that's really the best thing you can do to help encourage me to create more free tutorials for you click the thumbs up icon leave a comment below I love your comments by the way they really encouraged me as well and I'm giving away one of my favourite trade strategies called the rubberband trade which has a very very high win-loss ratio simple trade I'll teach it to you in about 26 short minutes get my rubberband trade strategy absolutely free by clicking on the image in the top right corner of this video or in the description below of the video and if you're not watching on YouTube then there's probably a link below or an opt-in form on the side once you do one of those choices I'll personally email the video to you with the rubberband trade strategy you


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Forex Strategy That Works

Forex Strategy That Works

Welcome to this trading tutorial on a Forex strategy that works so well that I trade this every time it sets up to this day so I've been trading this for years and you know this darn thing just continues to work and work and work it is so reliable and they like to give you a little introduction to it on this YouTube video and then make the entire trade setup and rules and all that available to you absolutely free if you're interested so here is the Forex trade strategy that works by the way this also works on stocks emini futures gold crude ETFs pretty much anything you can chart and I've been trading this for years so here it is and let's introduce a couple of general concepts to set up the trade and why it works the logic behind it so it's generally accepted and I will be the first to acknowledge that there are many variations within this but generally acknowledged in the trading community that there are two types of dynamics in the market that is trending and then reversion to the mean that type of trades so certainly within trend trading we can include such things as low volatility breakouts that are starting a new trend trend reversals are a type of trend trade even though there were a reversal trade so a lot of different subcategories under trend trading and a lot of people know about that so that is something that is very well known but I find dent reversion to the mean trades are not quite as well spread throughout the trading community and that's what this one knows this is a reversion to the mean type trade and I like these kind of trades they're not typically as big of a reward to risk ratio but win-loss ratio on that can be very very high so this can be a great way of making some money while you're waiting for trends to set up and some people say that marks only trend 20% of the time so kind of nice to have another type of trade to be able to use anyway this is the 50 ma this green line here that's the 50 simple moving average and it's very important that with this type of training you use the simple moving average and not an exponential moving average or any type of moving average that would be faster so that's one thing that kind of blows people's minds especially beginners they think well wait a minute I don't want the slower moving average on with a faster one because the faster moving average will follow trend and prey section more closely and ironically that's exactly the reason we don't want it when you want something well think of it this way if you get a moving average that follows close with price it becomes useless the closer it follows price the more useless it is the moving average they would follow price most closely would be a one period moving average basically just connecting every bar so you don't need that you could see the the price bars so whenever you use any kind of indicator whether it's a moving average or anything else the only reason to put it on your chart is to show you visually something that isn't obvious just looking at the price bars so when it comes to reversion to the mean you actually want to use a slower and even lagging indicator so counterintuitive to a lot of people most people think nope I want the fast indicator in in my approach to trading I actually always use a combination of a lagging and leading indicator and it's part of my strategy I use the two in combination together and that really is optimal but we won't go into all that right now let's just basically focus on the concepts so the 50 ma we use as our intermediate trend indication and this is the type of thing we normally see in grams so prices above the 50 I mean yo retrace here goes up higher highs higher lows etc okay so that's great that's the kind of thing we expect in the trend and if we can continue going up then whether we see again we see the typical kind of thing that the market then goes in to more of a sideways pattern and we see that by the 50 simple moving average kind of flattening out because it's a moving average we're going to go exactly perfect straight line that goes horizontal it will wiggle a little bit but basically going sideways price action go sideways this is one type of cycle in the market by the way most people think of cycles of being low high low high low and that is one type of cycle that's the oscillation type of cycle but there are actually many types of cycles and one of them is the trending and non trending cycles markets go three times where they trend and then they can go two times where they are not trending so that's another type of cycle all right so that's fine then we continue to go on let me show you a reversion to the mean type of example so now we get back into a trending market 50 I'm a going up price going up your highest higher lows all that great that's what we expect cool works out great come back down now here is what we're looking at okay this is a reversion to the mean type of pattern so now what we have is wait a minute the 50 I main here is the basic structure it's a price structure type of trade and we had a few extra details to it but here's the general structure of it so now we get something different instead of price continuing to go up as the 50 period simple moving average is going up we actually have price go down below the 50 period simple moving average for the first time and it goes down pretty hard so it's below the 50 period simple moving average but guess what the 50 period simple moving average does not move down it continues moving up and that's the structure that is the key price structure now if you used a 50 period exponential moving average or you used a faster moving average you wouldn't get this structure because the moving average will start to move down and therefore you would not be able to trade reversion to the mean types of trades very well so this is the real structure here we're looking for price bars below again an upward angling 50 period simple moving average and we are looking for it to then get back to the 50 period moving average that's our first target by the way and then sometimes of course it will go even further and the uptrend will continue so this is a basically what's happening here is a high volatility move to the downside and a short period of time so we could create a rectangle with that that's what I normally do but this is the structure as you see this is not the norm so these are trades that they do set up you can the nice thing is you can actually scan for these trades pretty easily so if you have any kind of scanner it's real easy to basically just set up a scan that says you know price bars whether but you want the open high open low close all that stuff the entire bars to be well below the 50 period simple moving average and then you just put into the scan prices below the 50 ma and the 50 ma is angling up in other words you know the the clothes of today is greater than the clothes of 1 day ago two days ago three days ago something like that to have the angle of the 50 period simple moving average angling up so that simple little scan program that and whatever scanner you use can help you find these trades because yeah they don't set up a lot or all the time but frankly most of the best trades in the world are the ones that don't set up that often they're a bit of an anomaly and they seem counterintuitive and that's ironically what makes them actually work because a lot of people aren't going to trade that they don't get it they don't understand the philosophy the mathematics behind it and the traits that most people take are the ones that don't work the professionals understand you know an anomaly like this is something that gives you an opportunity that most retailers are not going to take so that's the basic structure now there's a few other rules around this which don't have time for right now I always keep my YouTube videos under ten minutes but I'll give you all the rules everything absolutely free we've got it takes about 26 minutes I've got a video that I'll be happy to share with you absolutely free and shows you in about 26 short minutes this which I call the rubberband trade it's called the rubberband trade because basically it's stretching away from the 50 ma and then it snaps back to the 50 ma and to sometimes beyond so it's that snapback that makes me call it the rubberband trade so to get that rubberband trade strategy absolutely free just simply click on the little eye with a circle around at the top right hand corner of this video if you're not watching it on YouTube there's a link below the video or an opt-in form on the side and once you do that I'll personally email the video to you with the entire rubberband trade strategy with all the rules for timing all the details that make it really work well for you you


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A Simple Forex Swing Trading Strategy

A Simple Forex Swing Trading Strategy

I'm gonna show you how to trade with less stress, less time, and be more profitable. Now, most of us, in our everyday lives, or the mindset that says that the more hours, that you work the more money that you should be getting paid. And it's this mindset that many take into the financial markets that ultimately results in a whole lot of stress, and some cases a complete destruction of the trading account. Resulting you in giving up the trading dream. But successful trading doesn't have to look like this. In fact, I would go as far as to say that once you know what to do and what to look for, the less time that you spend at the trading screens, the more profitable that you're likely to be. Now, let's face it most of you out there have day jobs got families you've got other daily commitments that prevent you from sitting at the screens throughout the trading day.

So, generally what happens is in such cases is that when you do have a spare a few hours, you log on to your broker platforms and you try to outwit the markets to make a profit. Now this is extremely difficult if not impossible to do on a consistent basis and often does result indeed in those losses. So in this week's video, I want to share with you a high probability day trading strategy that will be less less stressful, less time consuming and if used correctly, will be considerably more profitable. Now very briefly put is an end of day trading strategy based on simple price action at key levels of support and resistance. Now once you know what you're looking for this strategy will take you less than 10 minutes a day to analyze.

That's right! Just 10 minutes, that's less stress and chances are way way more profitable. Now once I've walked through the nuts and bolts on the whiteboard which I'll do in a minute. I encourage you to download the link below where you can register to get the training videos behind this powerful strategy. That's not all! You'll also be able to access a free tool that we've made available where we all will help you find these potential setups at a glance.

And all you need to do then is go to the price chart to see if the rules apply it. Okay, let's have a quick look at the whiteboard to get to the nuts and bolts. So as we said, this is an end-of-day strategy. And what we're doing we're looking for some simple price action setups that are found at key levels of support and resistance. Now when we get on to the charts in a moment and of course when you download the videos, everything will become a lot clearer. But I just want to explain to you exactly what we'll be looking for. First of all, we're looking for this type of setup.

Now this is a bullish engulfing. Now you know from your candlestick analysis that a candlestick shows us quite a lot of information. Here, you can see the market opens here. Close is lower because it's a red candle with wicks either side this is a bearish candle the market is moving down. But what's important about this cattle is that the next candle fully engulfs the previous candle. That's why it isn't engulfing candle. The next candle is blue that basically means it was a British candle this is a bullish engulfer. Bullish ingulfer at key levels of support can be very very high probability turning points. Now if you look at the Belgian engulfer exactly the same but the opposite. Here you've got a bullish candle market opens here closes up here is a bullish candle because it's blue. The next candle fully engulfed that candle on the way down. This is a bearish candle fully engulfing the previous range of this of that candle. This is a bearish engulfing candle. Now when this happens at key levels of resistance this can signify a really strong probability turning point for the market to head back down.

Now here we have a bearish pin bar and a bullish pin bar. Bearish pinbar quite simple to follow market opens here then trade all the way back up. So there's big strong buying momentum taking this market back up to these highs within the sellers take control and push the market back down and we close back down here. This is quite a bearish panel seeing these at levels of resistance can indicate a strong turning point for the market ahead back down again.

Again, here this is the bullish engulfer same type of thing. Market opens here, trades down, sellers take control and then the buyers come back into the market and push the market right back up again to close up here. This is a bullish candle the Bulls took control of that time period. When you see these at key levels of support this can be a good indication that the trend may be turning in the opposite direction back on itself. Now let's look at the other chart to see exactly where these form on the charts to give you a bit of an indication of exactly what they mean. Okay, so here you can see we are in a down trendy market. Couple of red candles coming in here. We hit a level of support indicated by this dotted line here. Market trades through the support with this red candle then the next candle fully engulfed that candle but closes higher than that support level. And of course that would indicate a possible trend direction change for the market to head back up again.

So anything happens we get into a level of resistance. We break resistance the next candle fully engulfs the previous candle and trades lower than that resistance level. This is a good indication that this market will be trending back in the direction from which it came a reversal. And then we have the pin bar. Now this is the bullish pin bar market. Tt's trending lower market trades lower again and then hits into this level of support indicated by the dotted line. But then the buyers take control push the market back up again and we close above that level of support to take us higher. Same in the pin bar at the top here the bearish pinbar hit into a level of resistance markets taken higher by the buyers, sellers take control and we close lower than that level of support. Now this ability that's quite a few little rules that we add on to it . So tell you what switch setups you should be taking which ones you should be avoiding where to place your entries and where to place your stops of course.

And all that is explained to you when you download the videos which you can do from the bottom of this video the link is below here. I'll get back onto the screens now and I'll show you this on a real chart so might become just a little bit of that clearer. Okay, so here we are now on a current chart of the Australian dollar against the Japanese yen. This is looking back in history now. So we're looking back in time to see if any of these price formations would throwing up any opportunities in the past. The real-time chart you can see the price ticking away down there in the bottom right. Straight off the bat I can see here that this move here from the downside. This downtrend here comes into this level of support and puts in this nice-looking pin bar here. Now this pin bar is a little of support following our rules we'd have taken that trade nicely higher as well giving us a few pips to the outside. This moves up nicely up to the next level of resistance where we put in this bearish engulfing pattern.

Remember from the whiteboard this is a high probability turning point at levels of resistance and indeed that worked out very nicely there as well. Not a lot showing in here. I don't think a bit of consolidation there then we move back down. Almost put in a bullish engulfing they're not quite don't quite engulf but that would have been a nice little powerful a turning point had it been a fooling golfer but not to be. Oh here we go! There's a nice little pattern there a couple of pin bars coming into that level of resistance. That would be an opportunity for us as well. You have been able to take a good four hundred pips out of that one as well. So this is looking back in history.

Of course , these ones worked in the past.Not all of them do work but you can see these are high probability turning points in a market. And you don't need to be spending countless minutes in the day or hours of the day looking at the charts for these setups. Okay, this tragedy really is perfect for those that have the busy lifestyles but also want to make an additional income from trading the markets, for yourselves or indeed the family. Those very basic overview. So what you need to do now is click the link below to gain access to all the training videos and we go through the strategy in much much more detail looking at some back testing as well.

Then you're going to be well-equipped with all you need to know to finally put a stop to bleeding money from your trading accounts and become a profitable trader. As always, if you like my video give me a thumbs up. If you didn't give me a thumbs down. Don't forget to leave a comment. Subscribe to the channel and Instagram if you haven't already done so. Till the next video, thanks and happy trading! .

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Mastering Fibonacci Trading Strategy

Mastering Fibonacci Trading Strategy

New hairstyle younger one no it's the same hairstyle just there's no gel so and what younger one I got so much white hair now man alright so how many guys are here for the very first time very first time first webinar with urban Forex Wow okay that's it there's a lot of you guys here first time from Toronto okay fourth or fifth okay some of you guys are here for a longest time let's let's find out okay where were you guys all from where you guys right now exactly right now where are you guys what country okay Tunisia India South Africa London Malaysia Philippines Canada Bahrain Portugal Moscow Mexico Puerto Rico beer land Slovenia Brazil Oregon Serbia Boston Germany okay whew all right I I think I've covered something from each continent that's good it's good so this is your family here everyone here is fantastic everyone's a nice person we've never had anyone crazy in our webinars so we're still crossing our fingers that we don't have anyone crazy but we are I am extremely happy to have all of you guys here yes everyone from our team is here our mom was here Lucilla's here Robert is here gary is here so they're also here you guys can say hello to them let me see if I can find Gary in our list here okay well we have a new teammate Gary you guys will be hearing from him as well Barry is also here Barry is in our elite community he's our newest member on board now and dave is also dave is also joining us now so we're going to hit 500 students today we're at 455 at 500 the room is locked so you guys are the lucky ones who got in so congratulate yourselves and if you guys are drinking cheers Cheers I'm not trying to show you guys that alcohol is the way to go but I do get a chance to only drink with you guys normally I don't drink so Cheers and I'm glad to have you guys all here now cheers to you guys on Facebook as well so all right orange juice I think it's a what is it's called a rosy or something like that drunken master okay so today's topic is going to be on Fibonacci how many of you guys know wait wait wait wait sorry I need to know first who's here I need to know at what level are you guys on and pull okay can you please fill that out for me so I know who's in here okay no vote if you are new but for those of you guys who have some of my courses you guys can let me know where is the cake no cake today no cake today it is this hotel is not very good with desserts I don't know if it's a Mauritius thing with a banana banana okay so 117 people from the MPAA 91 people from the four cores bundle and 21 people from the elite community fantastic fantastic welcome welcome and that means over a three hundred and not 350 people of you guys are brand new fantastic welcome and I have a special announcement at the end of today's webinar I am releasing the next course ok I'm releasing the next course and I'm only going to open it up tonight for the first wave and I'm going to give a special price on it as well let's stay tuned till the end before I don't want to take take away the the heat from what is called the Fibonacci webinar so let's go into this let's go into this everything is still running and recording all good let's close this let's close this let's turn on the screen sharing yeah because this is a universal universal law of how the markets work sorry how the universe works a lot of people came up to a conclusion that hey maybe this works on Forex as well or trading charts so let's discuss this a little bit let's go into the pros and cons and let's bring out all the MPA students who are in this webinar to hack it and be like I know how to do this better you ready so we're going to make it interactive a little bit you guys going to see the pros the cons and those of you guys who are in the mastering practicing course you're going to be like I know how to do this a lot better it's automatically going to be like boom I know the answer let's do this okay um the sound keeps cutting out yeah I'm sorry about that I am NOT I'm in Mauritius that Internet's a bit bad so hopefully just just hang in there it is being recorded should I make it is it that is the volume the volume is okay right yeah everything is recorded everything is recorded so okay so let's let's discuss Fibonacci now Fibonacci has this little Fibonacci retracement tool that we all have in our platforms whether you're using mp4 or you're using tradingview what type of natural retracement is is you take a swing high and then you take a swing low okay and Fibonacci retracement is going to tell you that the markets are probably going to balance near these these mathematical numbers right which is 23.6% 38.2% 50% and then the golden ratio of six 61.8% now those you guys who have used two Bonacci be honest here what was the main concern you guys have ever had with the Bonacci just because you like it you don't have to defend it be honest what is the same what is an issue you've had with Fibonacci okay not the person the person is fantastic this technique in forex yes which level where to begin exactly okay so this becomes a common common problem now there's going to be a bunch of gurus out there who we talk about Fibonacci you're suddenly standing up and saying hey hey hey are you talking about Fibonacci let me show you how to plot 10 - the notches on my screen and I will tell you how this is going to work so they're going to put one Fibonacci with the next two Bonacci with the next Fibonacci and the next webinar chamber like you see we have confluence okay so so let's do this now if if I draw from up here as a swing high to down here as a swing low would you say this is a very clean touch of 38% that's a very accurate touch isn't it yeah okay so that's a very accurate if it comes up to 38% and it turns around the trend is down it pulls back to 38 and then it goes down which means hmm if only I put a limit order there I will sell it and I'll make a lot of money on the way down okay I'm going to choose a different swing high I'm going to use this swing high whoa look how perfect it is on 50% it looks absolutely fantastic okay are we are we at 500 people in the room yes okay you guys are the lucky ones no one else is getting in the room is now officially locked okay so the room is not official a lot so congratulations to all of you guys okay okay so focus let's focus focus focus all right so we move the swing high we move the swing high and then suddenly from the swing high we see whoa it's working fantastic at 50% okay it's working fantastic at 50% but earlier it was working fantastic at 38.2% well so if I continue rating am I supposed to look at 50 or 38% and that's that's an unusual question that people ask so what happens with many strategies what they'll do is okay but we also have to look at how the swing up goes and we can see the extensions and and so on and so forth right they're like okay if I can just find out how much it retraces I put one Fibonacci on top of another Fibonacci and then I'll have a better understanding it's like saying I want to buy but I will also look at it as a sell and then when I'm looking at it in both ways hopefully my brain knows the right answer yeah it's too complicated it's too complicated the answer to everything in life is actually simplicity okay is actually simplicity not complex is complexity and is that word I don't know but we want to keep it simple right okay so let's understand one thing before I plot a Fibonacci point okay one thing I'm going to teach all of you guys okay before we go into Fibonacci and then we're going to use Fibonacci together with price action so if you love Fibonacci you soobin actually but I'm going to give you a skill today that you're going to use with with Fibonacci and you will know that so this is an extract from the mastering price action course all of you guys who are in the course you will you will know this exactly alright here we go I'm going to bring out the whiteboard No okay there we go all right give it a second okay all right I'm going to draw a circle let me know when you guys can see the circle yes there we go okay it's the holy circle okay all right so I want you guys to focus now what we're going to be talking about is the rubber band man okay half of you guys already know what is the rubber band man but those of you guys who do not know we're going to be discussing the rubber band man today okay it's a very simple technique but it's very powerful okay it's a very simple yes that is a leg for those of you who are asking okay and that's what I use to make money time and time again in trading does that make sense that everyone gets that okay no no I'm just kidding I got I got disconnected all right so let's go into this right now hold on okay let's get rid of that holy man maybe it gave us bad luck no more holy man let's get them out of there okay so now we're gonna be okay we're talking about the rubber band man right okay let me let me put this down for you rubber to ease or Bend and okay like I said this is an extract from the NPA course okay and a lot of you guys are students of the NPA course and you guys can just follow along okay so what a rubber band man is every time the market moves right let's say the market is moving upwards it goes up down up down up down up and everyone's focus is use Facebook live for sound now everyone's focus is generally you know just support and resistance and when it goes to support and resistance I'll buy it you know even to Bonacci traders the whole focus is pull back to support and resistance and I will buy it what you want to be looking at is mr.

Rubberband man now what is a rubberband man okay a rubberband man is an individual okay okay we're going to give him some nice sunglasses I'm gonna say yeah he's mr. cool dude right now he just looks like a nerd but anyways so we got mr. rubberband man and imagine there's a rubber band a around his weight pulling him back okay there you go ninja turtle okay so there's a rubber band around his waist pulling him back okay so if the markets are going up okay imagine him running this is him running upwards he's running as fast as he can he's running upwards and then he reaches this highest point and then he rests now I want you guys to always focus on how much did he run versus how much did he rest think about that all the time then he runs again well he beats his previous record but then now he's resting how much is he resting now compared to his most recent run yeah 80% 60 70 % is resting a lot and then he runs again would you say he's got energy absolutely absolutely now what if this is a 61.8% on Fibonacci can we say it's a sell right now no because it's too early to take that risk it's too early to take that risk that the market is clearly telling you that they're still running the rubber band man still got muscles on his hands and his feet right I don't know if these are muscles but you guys get the idea he's got power he's still running okay now he just looks like he has a disease but anyway you guys get the idea okay so he's got power and he's still running and then he rests again okay he runs up again okay what would you say about his last run that he did he cannot even beat his previous record which we call no higher high right in the market we call that no higher high but for that terminology of no higher hi this and I want you to think in terms of this weird pimple man right who he's running and think like that in H cup okay once he's done that boom now what what can you tell me about his rest okay yeah he's done he's done for he's cooked he's finished okay this in the market terminology they call it momentum right okay I don't want you to think in momentum because market terminologies are generally there to confuse you I want you to think in this weird rubberband man concept and I want you to think if you draw your your line from point A using Fibonacci to point B all the way down to here in Fibonacci I want you to think okay I got my levels of 38 50 61 but I want to see those levels get reacted by Zura verb and man showing me he is failing to go any further and then you have a much better smile on your face because you know that Fibonacci is actually working and then you can go out to every single form out there and saying you see Fibonacci works to a very precision accuracy but until then until you don't master this thing you can't say that out loud because when it doesn't work you're going to look bad right so Fibonacci with a rubber band man gives you that edge that you need shall we do this on the real charts okay we're gonna do this on the chart so you guys can see the rubber band man walking upwards versus the rubber band man also going downwards here we're going to do two different types of tests and I'm going to show you theory on the on the whiteboard and then I'm going to show you practical on the charts okay let's go into the charts now okay here we go I'm going to take a screenshot from the top point - to the bottom point swing high swing low concept I will take a screenshot of this so we can write on it oh sorry I made a mistake okay here we go I'll make the charts bigger so you all can see okay I'm just waiting for the screenshot to come up clearly one moment okay yeah can everyone see the screenshot the time frame does not matter for this time frame does not matter for this okay you can make more elaborate strategies using multiple time frames but it's but it doesn't matter for this I'm going to draw a circle let me know you guys can see the circle yeah okay all right now of course my screen looks very colorful it almost looks like a great gay pride flag so you know welcome if you guys are in here as well welcome welcome so alright now let's let's take a look at this with based on the concepts of different types of retracement okay now we got the let me move this side we got the 50% here we got what is that 20 20 at 38% there we got the 61% here okay I'll write it out again here's a 61% here's the 50% here is a 38% these are the retracements right because people machi talks in retracing he's like the markets nothing can go in a straight line it must pull back to a certain numerical sequence of the universe and then resume okay so now the market went from up here point a we drew it from point A - we drew it all the way down to point B okay and now what we're looking at is keeping aware of these levels in our mind and in our screen want to understand how the rubberband man is doing his runs okay so let's let's get some concepts first the market starts to take off take off from here he starts to go higher now we'll get into the part of wait why are you Naveen saying this is where the market takes off going higher versus this we'll get into that we'll get into that okay so the market takes off going higher okay what can you guys tell me about this rubberband man guy okay he's going up full throttle okay go on at full throttle he's strong it takes a bit of rest okay now this rest that is taking is at the same place where in the past all of his companions have taken a rest but how much rest does he take yeah very small 20% what does that tell you about a string that means he is not willing to let go if he is not willing to let go this numerical sequence over here fails it's not going to hold at that numerical sequence it's tried but it's failing he then goes up to the next level okay is now at now the 38% level and relaxing is at this level how does he go to the next level if he does he go up strong or weak let me remove my arrows he goes are pretty strong in fact he goes up very fast how quickly does he rest yeah instantly it's almost like there's no higher high okay in the measuring price action course we call this a probe okay these are some of an important piece which means the market rests here all the time he's resting here he's resting here and here it's like he's not resting he's not resting he wants to he looks like he wants to go down but nothing happened and when this goes up what is the public thinking it's a buy because when arrange breaks out the mind is well I had nothing to do and then when a breakout happens it's a buy and when the buy happens very very strong the smile gets very large it's like oh my god I'm going to make so much money on this buy you have no idea okay so everyone start seeing the dollar sign in their eyes a beach house yeah so as the buy happens it reacts off to 38% using the Fibonacci number which is good but then it gets rejected back into the area where all the rests used to happen in the past resting resting resting period which means was his run his last run was that real it was a faker it was a fake okay if that was a fake can you now determine this area right here what is this spot called okay all of you mastering price action students let me see what this price is called money spot yeah which means this is an illusion of people to buy and an illusion for people that it's an area to sell who wins who wins from the from the illusion of buying and selling at the same place the big boys exactly the big boy which is this guy he will always win the battle okay the money spot illusion spot right all right so the first trade happens there notice you're trading with Fibonacci you will have an entry price over here but what is your risk your risk is huge because the risk is well I don't know if it's if it's going to work that's the risk okay if you hit that entry there that's the risk how do you know if it's not going to stop there how do you know if it's going to stop at this price or this price you don't know and if you don't know and you're just trying stuff then it's more fun to go to a casino at least there's more shining lights there right so when you when you see this stuff happening and it exit and girls okay it comes down very very strong right you see this area right here it comes on very very strong and then you're stuck in this money spot area which tells you AHA many people got sucked into the Buy which means this is an important moment to make a decision right our moles like stop advertising casinos guys all right so so we're looking for a a sell from this area right as a sell kicks in it goes down to the bottom of the range now we have people trading exclusively just in this style of trading now let's take a look at what happens the next time around okay we're still going to do more examples don't worry let's take a look at what happens the next time around from here he rises up again how does he go up stronger weak strong now previous rest resting point previous resting point previous resting point pre this resting point this time he goes above the resting point just like he did last time but we don't know yeah he's like rocky is very strong okay he goes up okay he's very strong do we know he's gonna fail at this stage just because he goes up no we don't know he's very very strong we need to wait maybe he's wearing Air Jordans or something some new shoes he's got power you don't mess with the guy who has power you wait you wait then he slows down a bit right here and he tries running again yeah mark that's a very good statement that you just made patience is required we're gonna touch base on that in a little bit okay what's the second run do his secondary run that he tries to run up again this one right here it's weak he barely makes a higher high what happens afterwards he crashes he fails okay now focus very very carefully after his run up we start to see signs of he cannot run up anymore and a sign of he's resting more than he ran which means he is now coming back and he is resting way more than he ran the amount that mean this guy is out of the game now what is the most important part of this place look very carefully resting point resting point resting point resting point resting point okay now this was a range it broke out of everyone is looking at this as oh my god what a nice pullback to buy right now this buy with the rubber band man theory is telling you that's not a buyer that's actually a sell now you have a conformation together with your percentages saying this works very well alongside with what my Fibonacci is telling me I'm not just guessing and putting an entry order thinking that I believe it's a sell right now and come on baby give me a six you know if we're not doing that we're actually hitting a cell a little bit more logically okay we lose a little bit of profit because we're getting a little bit worse price but it's a lot safer does that make sense now those of you who do not know the rubberband man theory is this making sense to you guys cannot the MPA students I'm talking about new people good shall we do another example okay we'll do one or two more examples it will make sense I saw a few knows and maybe is in there we'll do some more examples yeah okay let's take an example on the flip side okay let's do a flip side let's say for a market that is already buying instead of selling okay let's do that okay so this is your OCAD so let's do cadion okay which is going to be the flip side basically okay I'm going to take a Fibonacci from this swing low to this swing high up here and we're going to say that's the spot okay all right hopefully this is large enough for all of you guys to see I'm going to make it bigger even more and I'm going to take a screenshot now hope that didn't come up on my end again there we go circle coming up let me know when you guys can see the circle yes fantastic fantastic fantastic okay okay okay okay ready same concept this is a strategy I am just handing over to you guys I'm sure all the MPA people like hey man why are you giving away my stuff to other people like that I'm sure they're pissed off but we also have humble students in there so they're all like okay okay you know you helped me let's help another guy it's fine okay so let's now take a look at this in terms of the rubberband man going downwards imagine now a person is running downwards right so you got your little pimple running this way now okay and he runs from here to here and then he rests a little bit and then he runs again and he beats his record okay so you're gonna look at it in that concept okay all right yeah and for those of you who have the MPA there's a good practice so you know share the love share the love okay please don't share the course just the love absolutely all right all right here we go now we're looking at this on CAD yen okay looking at this on CAD yen and the markets made a higher high sequence and we're like oh I can clearly see that is point a and that point B I'm going from swing swing low to swing high okay or from point A to point B okay the most lowest point that I can see to the most highest point and we will see how much of a pullback do we get based on mr.

Fibonacci right okay so we're looking at this and we're saying okay give me a guy who's going to run down now I'm going to give you guys another piece of cool information ready here is the next piece of cool information is the run starting from here or is the run starting from here now this is a confusion that even Mastering Price Action students have I want to ask you that question where is this starting from the first one or second one ah you see everyone who's watching clearly knows that there is a problem here we all are not on the same page with this okay so let's let's talk about this let's talk about this is very important to to to crack okay what if I did this what if I did this how would you say what is the direction of the market Oh so would you say anyone is selling at all no one is selling if no one is selling then if if no one is selling how are you going to make any money if if everyone's buying and you also want to buy well who you're going to make money from right now how do you know when people turn sellers when there is some kind of a panic in the market that breaks the laws of support and resistance supply and demand etc etc etc and people like oh my god it's a sell and that's when people start selling that's when people start putting money into the sell side now you can think about doing the buys again because now there's logic of there's money in the sell side so if you do buy someone can sell you the product of CAD yen does that make sense you cannot buy CAD yen from everyone else who's buying who's gonna sell you the Cadi yen right keep that thing in mind and the more people that are selling to to you the better the price you're going to get obviously the discount and you know you're going to get filled in for sure now obviously in force we don't have an issue of getting filled in but that's the logic behind it okay now so stage 2 this is where the rubber band man is starting he's like here we go here we go I'm all geared up I've had my Gatorade I'm gonna start my run he puts on his sneakers ties up his shoelace and he's doing this he's running he goes from this highest point to this lowest point he's like oh man I feel good because he ran super hard and super fast am i right look at the speed of that guy yeah Sonic the Hedgehog yeah he's going super fast okay now tell me what happens next what happened you know he came back so quickly to rest it's almost like he saw a ghost it's like dude did your steroids run out or something are you gonna run anymore what is this why didn't you come back so quickly this is what you need to think Justin give it a human life don't think all scandal went down candle went up give it human life you saw his wife okay so give it human life to to understand that the market went down and then it turned around why did it turn around so much so how much of a rest did he do how much of a rest if you do 80 90 % okay that means is 80 90 % mean he's finished no we still need a little bit of patience we need to find out if he's finished or not where did that run react from what is that Fibonacci number 50% okay now we're bringing in some logic into this we're like oh good Fibonacci is working but I need to know I can't just buy it from here because I don't know if that's going to work but I can't buy it up here either because he's not done yet let's see when he's done okay let's continue the market what happens what's happening to him what would you do at this stage what would you do at this stage knowing that he is he's rested he's come back it's his turn to run again but what is he doing yeah all the languages come in to prepare for buys which means anyone who sold down there in real life is in trouble anyone who sold down there is in trouble right they're in they're in trouble it's almost like they're not going to get their money back it's done they're finished okay now sticking this further okay now what's all this here what's all these spikes and stuff happening he's fighting so if you did do a bye from here okay and then the trade goes up and up and up in your favor you reach till this area but then the trade gets rejected and comes back down what does that tell you about that runner who started from here okay can everyone hear me yeah no yeah okay you can hear me now okay so think about it what does that tell you about that trader over there once you get a movement that goes up and you're like oh yeah it's a by now because I see the sellers are not coming in anymore or the rubber band man can't make it so we do the by-the-by goes up it performs it makes us money but then instantly it comes back down and it closes right there what would you say about the rubber band man guy at that time yeah he's he's not done yet he is showing sign of weakness but he's still around just remember that don't forget about that guy he didn't call it quits yet okay we attempted a bi but that by needs to be closed now for a break-even or a small profit because it's not working he's still around okay let's see what he's got let's see what he's gonna do okay let's move it over a little bit more okay what about now what's going on with the guy now he ran down how did he run down how many candles did he take the rundown three how many candles did he arrest ah you see the power is still telling you that the seller just can't do it he just can't do it he just can't do it okay now at what point would you take a trade all the signs are telling you this seller is having a really tough time and then this happens what do you think that what do you think that does yeah this might be a little bit difficult first for some of the people I want you to think logically I want you to think in terms of not where would I buy where would I sell I want you to think in terms of what's happening what is happening that's the goal yeah this will make more people sell okay this will make more people sell they'll get into the idea of its breaking all these barriers it's breaking all the lows okay and then as it comes right back up there it's like okay we've got a money spot again now why is this a money spot because to to these folks they're looking at it as a sell like for example if you I draw a trend line that's a sell for them right that's a sell for them they're seeing everything going down so quickly it must be a sell to pull back for a sell but we're looking at it as someone got screwed over here we're at the bottom of the range I think this is going to be for a buy because a big boy says buy and that's when you put your odds together and saying OK at this 38.2% only now I can activate my trade not here not here not here only now can I think about doing the buys do you see how long we have to wait before we actually thought about the buy yeah okay so let me remove the screen here okay and here is your following move upwards okay so now in this strategy in this strategy what we're doing is we're exploiting Fibonacci's methods using price action okay again let me ask the question again for those of you guys who do not know the rubberband man concept you guys understand it now we're looking for how much he runs how much he arrests how much you run how much he rents we're going to do that constantly constantly but you cannot give up on him until he quits if he's still around you got to be a little bit cautious okay is it in pips or candles none of those it's it's it's none of those of you you want to look at it like okay if he's running and then he pulls back you're looking at the difference between this to this does that make sense and you're also looking at the power maybe this went up in one candle and this came down in five candles what does that tell you if it's a one-hour chart it took him one hour to go up but it took him five hours to arrest that means he's very very strong he still has energy to keep pushing he's not letting the sellers come in at all yeah does that make sense everyone understand that concept okay when you plot this together with Fibonacci you can see the answer now today a lot of you guys brought this up saying patience it requires patience okay that bring brings me to the next concern with with you guys now going forward everyone who is using Fibonacci please use Fibonacci with a little bit more caution I know using a trade to pinpoint accuracy like this it sounds beautiful that oh my God look at how exactly it came to it pinpoint trading is the most dangerous thing that you can do to yourself it's almost like doing supply-and-demand your eyes closed you need to have some kind of logic of why is price going there why is price reacting there and we can't just use a strategy thing because the strategy is said so no no you need to understand why is the big boys chasing the market over there how much people are actually buying and selling and then visually take a look at it are people actually turning to turning to sellers okay so keep these things in mind now so we did talk about patience and that brings me to today's most important announcement okay I'm going to remove this thing here about the time okay let me get this out of the way now as I've mentioned to you guys earlier that today I'm going to be releasing one of my most powerful courses on what type of trader are you now think about it when you're doing this Fibonacci thing right and the market is pulling back and pulling back and pulling back and pulling back what did you guys think about that can you activate the trade instantly so now take it a step further is this strategy for for people who are aggressive traders not at all is this strategy more for conservative traders you see when you're when you're looking for strategies when you're developing your style of trading you need to know what kind of traitor you are now this is something I did very very exclusively for my one-on-one students every time I teach them a strategy like let's say I'm teaching them the mastering price action course right and they're they're learning dirt or they're getting it and they're like trend pullback that's very nice I see a trend pullback I'm going to buy it fail vini didn't work for me hey work for me oh well why isn't it working for you okay I do a range and then it doesn't work for me but the next guys like that work for me why doesn't work for you nothing you know it's not always just strategy but it's this idea of do you know who you are what kind of person are you in real life what kind of person are you in real life are you a person who is very aggressive are you a person who is conservative are you a person who simply needs confirmation all the time saying okay now it's a go okay can you pull the trigger do you pull it too quickly you pull it too slowly based on your habits you have a specific strategy for you okay so when I when I built you know when I built this course over the last one week building it and building and building and I wanted to make sure all of you guys can now access this thing so first things I did was reached out to some my one-on-one students and I was like listen man I know you guys have paid you know crazy amounts of money you know upwards of fifteen twenty thirty thousand dollars to come to the one-on-one with me but I have a request that these in this information is very powerful it gave you guys breakthroughs and I wish to do that for on a larger scale I want to give a break break through to all of my students and they were more than happy they're like okay go ahead that's fine and you know the key is learning strategy is one thing but you also need to know who you are if you know who you are there is a strategy for you and I'm going to show you what that strategy is for you okay so putting this all together I made a five-week hard core course for you guys trust me it drove me nuts to redo the video and redo the video and redo the video and take notes and take notes like no no scratch that that's not going to work I need them to listen let's do it this way let's do it that way oh my god it took me hours and hours and hours to put this put this together and then I released it to some of my one-on-one students like Lucille and Armel these are you know somebody one on one students but they also work with me now they looked at it they're like okay this is good this is really really good and I hope you did this for me when I started because you gave me the hard way okay I actually buzzed all of my students in the beginning and when they started with me they're like okay you know one dazeem teach me how to how to trade okay that's a very broad question teaching me how to trade okay well before we get into strategy I want to know a little bit more about you and you're like hell are you talking about it why do you want to know about me what does this have to do with me where's the strategy let's talk strategies right on your Frankie what do I do and and that's what I hate it's like wait wait you can't just do do do because you're gonna do do do fail it's like you need to do do while understanding are you supposed to do this based on your instinct see if okay I'm gonna ask you all of you guys that's one question if you're an aggressive trader are you going to make it in life think about it what do you know about aggressive traders look at all those answers coming in it's a no no no no way in a way look but the reality is if you accept you're an aggressive trader trying to break that attitude of being aggressive is not gonna it's not going to make you successful because trying to break it means you want to remove at least 20 years of garbage from your mind that's not going to happen but if you accept you're an aggressive trader and then you are looking for an aggressive strategy you're going to make it sooner than you think okay so instead of stopping your your intimate nature that who you really are we want to embrace it and saying I know how to make you successful even faster and that's what I did with the one-on-one student and I think it will be very very helpful for you guys so today is the launch of that course which which is called what type of trader are you we're going to be going over concepts of like why is this important what are the different types of traders I'm going to make you do exercises that find out who you are and then we're going to go into stuff like okay now that you know who you are let's discuss technique and strategy what strategy is for you what idea what ways what kind of strategies do you need to look for how do you do money management according to who you are okay we're going to do all of that stuff in Detroit it's a five week course I've crunched it down and like I said this was only something I did for the one-on-one students because I thought the average student would not understand because they don't like psychology so but for one-on-one students I sit down with them live and if I'm sitting with them they will understand the importance of this by looking at my face and be like okay dude I get it so teach me this thing and for the longest time I I never brought this course out because of that reason but now it's like you know what I don't want to do a screen sharing I'm going to get up on a whiteboard and I'm going to record everything and I want you to see my face as I tell you how important this is this isn't a thing you can just brush up and then I'm going to become successful without hacking my mind it's not going to happen you need to know who you already are I'm not training you anything new you need to know who you already are so this is a course that I've built okay how much do you think this course is how much do you think what is the price of trying to show you who you really are to make you successful think about it Ferrari okay just just remember students have paid fifteen thousand dollars all the way up to thirty thousand dollars to be with me in person to get this level of training okay so we got some pretty pretty pretty pretty pretty big woman at pretty big women and reading women something women so we're getting some pretty big numbers now so we finally price this at 149 for this course we made this 149 it's five weeks of intense training and homework and everything but but today is the opening day it's the opening day and I want all of you guys to take advantage of the earlier bird special so I'm offering it for less than $100 I'm marketing for less than $100 and you guys will be able to pick it up today we will then close the doors No one else will be able to pick it up for some time as you guys get through the first wave it's only available for the diehard fans okay so let me get the link for you guys here okay yeah you guys can see that is that big enough okay sorry with it I'm just make it bigger okay early-bird Quixote is your coupon code to get the early bird special I'm going to keep this up running for 24 hours and once we are you know we're looking for a maximum of 200 students beyond 200 we're going to try to try to close the doors so beyond 200 the doors closed and as these are going to be the first phase of people coming in I might even step in sometimes to do some webinars for these guys to be like come on let's let's get into a webinar together and let's hack the brain let's do it together so there will be some webinars every now and then just like we do NPA webinar just for finding out where do you need to tweak your mind a bit just a bit to make that success that you need so I will look forward to seeing guys in the course and it's a very very powerful course and like I said everyone has gone through it every employee of mine is required to do that everyone on one student has gone through that day will tell you their life was held I'm going to tell you right now it's not easy I'm going to tell you that right now it's not easy but you will if you focus on each week I will get you through it that is my promise okay I will get you through it I will get you through it so there will be homework please do the homeworks in them please please please do the homeworks in them I need to have you have the breakthrough if you participate as much as you can okay the link is here I'll post the link in the chat as well as sorry okay there you go and you can just type in the early bird special as you guys can see on the screen and you guys can pick up the course it should be 99 or 97 dollars I believe it's 99 okay I do see suddenly the guys picking it up mr.

Gupta Lars thank you thank you Ahmed thank you I will see you guys in the course aha Mika welcome welcome boys on the run welcome amitaba welcome okay so great great I'm really looking forward to seeing all of you guys in the course and let's make it a little bit more fun exactly in three weeks time let's do a webinar together in there and let's discuss it personally you and me and we're going to go over well how do you how do you feel now how is your trading now what is your performance like okay we're going to be discussing that together in three weeks time we're going to be doing a webinar specifically just for this so I really look forward to getting you all of the guys in there again this is a very very powerful course and I really look forward to getting all of you guys and I leave all the MPA people in there for those of you guys who do not have the matching price section course that is available on our homepage as well so stuff like you've learned today for example there right like the rubberband man theory and using it with Fibonacci and stuff like that you know that's all discussed in the matching price action course even stuff like money spot that we discussed so I hope you guys like the way I teach we're going to make further progress together every step counts and until next time guys we're going to stop the webinar right here I'm going to leave the room open for you guys in case you guys need some assistance everyone in the team is here but thank you all for attending and I look forward to seeing you guys in the course and until the next webinar in two weeks time thanks a lot guys haven't I say cheers

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