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What this is going to do for me is let me know where some of the major areas, the big money, have come into the market. Now how can I tell this? You can tell it very easily because that is where you see these patterns that I am talking about in the course. In fact, you can see here; what’s this? Well there is a pennant pattern. A pennant pattern is a consolidation pattern. Related Article Tags: , , , , , , , , , I love this stuff. This is something once I showed it to the propriety traders in the last trading room I was in, they couldn’t believe it. In fact, one of them couldn’t believe it so much he refused to trade it because he thought he was seeing things. Related Article Tags: , , , , , , , , , I have literally used this technique to learn very complex subjects in half the time as very skilled supposedly, expert people. In fact, you can use this technique inside for three weeks to become just as knowledgeable and almost as proficient as someone who has been using and understanding that information for ten or fifteen years. Related Article Tags: , , , , , , You are going to try to figure out too much information in one time. Okay, so when you try to figure out all of this information at once while you are learning, hopefully you are starting to understand why it can be so difficult to actually get new information, assemble that information and then use that information. Related Article Tags: , , , , , , I have personal trading mentors who have been in the business for twenty-five, thirty years; the number one reason why I believe it takes people sometimes years and years and years to learn a skill like trading is because number one; they don’t have a coach or mentor. That is the reason why I insisted on being able to have one on one contact with every one of my members. You need to have a mentor. You need to have a coach. Related Article Tags: , , , , , , , , , The objective is going to be introducing to you the whole idea of the planning process. You can get a review of this by going to the membership website and looking at the weekly wrap up. The weekly wrap up, I usually have some good intentions of trying to show you my twenty minute process without any commentary. Related Article Tags: , , , , , , , , , We don’t have to know why. The one word I want you to flush out of your mind when you are analyzing the market, there is this whole idea of why. I don’t care why. All I want to do is to make money so I don’t care why the professional money was working around in there. All I want to know is if they were. Related Article Tags: , , , , , What are we looking for? Well, this is where we look for additional clues that the market is moving in the direction that we anticipated. Remember based on our planning, we said that the market was probably going to move down to support if it broke out and we can see that the market has the support down here. Related Article Tags: , , , , , The reason why I start with the weekly chart is because this is where the really big opportunities are in the Forex market. I know that the course is on short term momentum day trading but the one thing that I learned over time, the number one mistake amongst day traders, even day traders with a lot of experience; they forget that the big money players in the market are looking at longer term charts. Related Article Tags: , , , , , , , , ,
The tool can be dangerous and deadly in the wrong or uneducated hands. Now we are dealing with finances here so it’s not going to directly kill you, inure or maim you. It can do serious financial damage if you’re not careful. When you are watching the videos, it is important that you understand what I am talking about. That is why I wanted to make sure that you would have this cutting edge learning technology so you can get that stuff. Related Article Tags: , , , , , , , , , Even if you were a day trader and you can see a repeatable pattern which is, when the market participants get to a major resistance area, whether it is on the chart like this line here or whether it is on price like this two dollar level, they take a pause; don’t you think that you can expect to see certain things even all the way down to an hour bar. Related Article Tags: , , , , , I know exactly what I am going to do if the market gets there. Now all of that gets distilled every day in a three and a half to four and a half minute video where I go over what I just went over inside a twenty minutes. I condense it down to about four minutes. I give you all of the details where I am looking to get in; where I am looking to get out, areas that I see on the chart. Related Article Tags: , , , , , What you can see by looking at weekly highs and weekly lows is whether or not the big money players are bullish or whether they’re bearish. I will give you the punch line here. The punch line is, this two dollar level right here is where the opportunity lies. I want you to think about this and right at the edge of this twenty minutes so I am going to have to go quick with this explanation. Related Article Tags: , , , , , The objective for this last portion is going to be introducing to you the whole idea of the planning process. You can get a review of this by going to the membership website and looking at the weekly wrap up. The weekly wrap up, I usually have some good intentions of trying to show you my twenty minute process without any commentary. Related Article Tags: , , , , , I am going to give you probably the biggest shortcut in learning in your entire life. In fact, you probably would have a much more pleasant time in school if they had just shared these few things with you. It deals with the actual physical way that our brains learn. If you want to learn something quickly. I mean literally, if you want to take something and virtually put it into your mind, there are very few things that you have to avoid and just a few things you have to do. Related Article Tags: , , , , , , , You don’t have to go through ten or fifteen years or trying to learn this stuff. I am going to part with this and I have gone over five minutes. The reason why I believe and listen; this is after coaching traders for ten years, after talking to traders for ten years; I have personal trading mentors who have been in the business for twenty-five, thirty years; the number one reason why I believe it takes people sometimes years and years and years to learn a skill like trading is because number one; they don’t have a coach or mentor. Related Article Tags: , , , , , If the market is going to break and it is going to make a move, I want to know where my first target is. You can see it is just above 9505. One thing you can notice is that the last one, two full weeks were not able to break through either the high or the low. The reason why that is important is if for some reason big money is not willing to sell lower than this price, but they are not willing to buy above this price either. Related Article Tags: , , , , , Here are three types of trading systems in the Forex market. Two are based in the GBP, and one is based in volume trading. Related Article Tags: , , , , , , , , , , , When you notice certain trends in the Forex, it's time to reevaluate your plan of action. Here's three patterns to look for, and what to do when you see them.
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