Comments on: Course on Forex Trading

By: LES R

LES R — Sun, 29 Nov 2009 17:06:52 +0000

The best way is to trade by your own knowledge. Practice demo accounts and trade live when you are confident enough.

By: Free MP3

Free MP3 — Sat, 28 Nov 2009 11:53:42 +0000

Absolutely. We teach in our classes clusters of Support/Resistance including Fib clusters you’re referring to ( Fib Retracements and Targets) + Previous Days/Weeks/Months highs & lows, & Weekly / Monthly Pivots. A cluster for those who don’t know is when MULTIPLE areas of support/resistance are within a tight 10 to 30 pip area or zone. Markets typically reverse at these.

In fact we do this multi time frame analysis each day for all of our mentor students and the ZONES show up on the charts.

By: cecilgamini

cecilgamini — Sat, 28 Nov 2009 11:42:55 +0000

I don't know about buying a forex training course when theres so many resources on forex online. Here are some of the sites that i use to teach me more about forex/sharetrading. The websites below have very helpful resources regarding currency trading & theyre all free! I've personally found them very useful in learning about forex trading and its sharetrading counterpart.

By: Free MP3

Free MP3 — Fri, 27 Nov 2009 21:42:50 +0000

you ever use fibonacci clusters? much better

By: Nick Name

Nick Name — Fri, 27 Nov 2009 15:21:29 +0000

forex trading free resources on:

http://umgarticles.atspace.com/forex-trading.htm

By: Anonymous

Anonymous — Fri, 27 Nov 2009 03:56:40 +0000

How do you take profits when price does not reach the extension targets ? Thx

By: Derek

Derek — Thu, 26 Nov 2009 09:15:13 +0000

You may be interested in http://www.fxpmclub.com

It's a forex course and mentoring at the same time, so it's got the basic course materials that you can learn in your own time, just like most other courses out there, but you can also get training and help and advice from the trader who runs the site.

The course is all video based which is accessed from a members area, and the videos teach you everything from the basics all the way up to actual trading methods on live charts. I've been trading for about 2 years on and off, so I am by no means an expert or anything like that, but this has been the most useful site I have personally come across. The best part for me is the contact with James, who is the trader who runs the site. I've been able to talk with him directly on the phone whilst he walks me through real charts on my computer and answers my questions. So far I've had 3 phone calls with him. The course and videos on their own are far better than most things I've seen, but the personal tuition you get with this, makes this the best course I've ever taken in forex. I always learn better when I've got a teacher. I'm not sure if that's what you're after, but I'm sure you'll find the video course on it's own very useful if you're starting out.

The course itself is teaching how to trade by reading price action without the use of lagging indicators, so it's quite discretionary and can't really be used as a mechanical system. James likes to teach how to adapt to and read the market instead of relying on buy and sell signals generated by indicators. He uses candlesticks and not bar charts.

There is a free option to try the course before you decide to join, so it's definitely worth a look. You can access all the materials and contact James for help without making any payment, and if you don't like it, you don't have to worry about trying to get a refund. If you're a sensible person and have realistic expectations about forex, I think this course could suit you very well.

Hope that helps.

By: newfield

newfield — Thu, 26 Nov 2009 08:54:05 +0000

For future forex trading, the best I know is Forex Tracer. It's an automated forex signal + trading software based on nifty mining, analysis & reporting intelligence.

As you know, the BIG goal of forex investors is 'Profit'. By using online forex trading software, investors try to guage currency movements and use indicators (signals) to track down patterns that can be converted into profits.

Daily exchanges on the foreign exchange markets are worth approximately $1.5 trillion (US dollars) which make them the largest in the world.

By: Youtube Downloader

Youtube Downloader — Thu, 26 Nov 2009 02:28:48 +0000

Keep in mind this is ONE part of our overall strategy and is NOT even in my favorite Top 5 tools! Mainly we use our Total Strength currency comparison tool and simply look for buys in the strongest currencies and sells in the weakest. Come to our 2 weeks free forex classes to learn this far easier and much more profitable system!

By: Free MP3

Free MP3 — Thu, 26 Nov 2009 01:39:47 +0000

We have many other tools we use which show us the currencies STATISTICAL strength/weakness and that tells us the odds of it hitting the profit targets. We also always trail a stop to get us out with smaller profits when targets aren’t hit. You can also draw trendlines under the lows of the up bar. There are 3 other exit methods we use, feel free to come to our 2 weeks of free classes and learn them. Impossible to fully explain here without you seeing our charts.