James De Wet New Forex 360 Course is Now Live

James de Wet, the well known south-african trader, has just launched his latest Forex course, called Forex 360.

You might have heard about James de Wet, he’s the one who is doing his live challenge: taking his live account from $1,800 to $50,000 in only 14 months. If you have a computer and an Internet connection, you can follow him in his weekly webinars, and see every single trade he takes, at the very moment he enters the market (and you are free to follow his advice, of course).

Anyway, going back to Forex 360 Course, it is carried along 7 weeks, packed with content (videos plus pdfs). James de Wet has made sure to include all his knowledge in this particular course, from many years of Forex trading experience.

In Forex 360 you will be learning the successful G7 System in detail, how to setup the charts, indicators, entrance signals, when to take profit, etc. Even when this is the main system, you will get two extra profitable trading systems: T24 end-of-day system (which takes about 5 minutes a day) and the 5120 System, developed by James de Wet himself. All the trading systems are explained in detail, with several sample trades and charts.

Even if you are a complete newbie, or if you have some trading experience, this course is probably going to help you improve your trading and reduce your mistakes. You will be learning things like:

  • The main Candlestick patterns
  • How to make use of Fibonacci retreatments for your profit
  • Risk / reward ratio. What it is and how to benefit from it
  • Scalping versus Swing Trading
  • Top mistakes that every trader should avoid
  • Why your mindset is more important than the system
  • Where to place your stop loss and profit level
  • How to benefit from compounding and leverage
  • And much, much more

Additionally, you can join his live trading charter group and join him in his weekly webinars, in which James de Wet will trade his live account in front of all his charter group, and you will get the chance to ask him anything you want, plus you will get an explanation about why he enters the position, where and why he places the stop loss, where to take profit, etc. I can guarantee you that just by copying his trades (you will be able to see his screen all the time) you will make money, it is a no-brainer!

Check out a more detailed review here: James de Wet Forex 360



Source by John W Dennison

The Ultimate Forex Expert Advisor Software – Solves All Your Trading Doubt

Trading is a good way to increase your fortune. People who want to do efficient trading use a trading platform to enhance their chances for success. Nowadays, the system of trade has been improved. You can perform trades using a robot. It gives you the ability to trade using an autopilot mode. This kind of trading option certainly made a buzz in the trading industry. However, some experienced traders raised concerns about using a robot to perform trades.

Using one robot doesn’t simply cut it anymore. That is why the Forex Brotherhood developed a way to make things easier for traders to transact business. Availing of their services would help you minimize the probability of losing.

Acquiring their service would mean that you will have an online access to their seasoned traders. They will give you the necessary education you need to make sound decisions. The advice they make is based upon their 20 years of experience of being a trader. Their advice and tips would give you the necessary methodology to use when performing trade. In this way you could make good strategic decisions.

Enrolling in their program will not only make you a trader but also an apprentice to the veteran traders. You will be able to participate in their 45-minute online discussions and the seasoned traders will educate you on the essential aspects of trading. In this way you would be able to acquire the tips you need, to get an edge on trading.And also you will get more confident to stake your actual money.



Source by Garima Bajoria

Forex Trading Course – FX Market Course System

Many people are looking to profit using Forex trading systems and FX courses. What system works best and who are the real experts? Confusing sometimes… but education is the key because as a forex trader – you are competing with other international FX traders and investors. Many of those with course education, Mentor Traders and more.

What is the Forex Market?

The Forex or FX market is basically an over the counter trading exchange of currencies that effectively runs 24 hours a day. Any exchange like the Forex that does run “round the clock” will have auto trading systems, courses and trading mechanisms that can allow a trader to profit literally while he sleeps… if the person knows the system and the exchange.

Individual traders and larger institutional investors trade on the FX market. For many single traders, learning how to profit using an auto system is a way they can compete with larger traders. These bigger investors include:

Banks

Investment Bankers

Futures Trading Firms

and much more

Trading international currency can also be fun!… if you know what you are doing. Most people who take a course or buy a Forex trade system seem to find their profit results increase greatly.

FX Systems

Yes there are many “experts” in the Forex market and promote numerous FX trading systems and courses. Some of these course systems are online and produced by actual Forex traders. The main thing investors and traders should look for before buying these courses and auto robot systems is actual statements, real testimonials and low price for the course itself.

With the competition as it is, Forex course writers are delivering great products to out-do the competition. The Forex is also a global exchange so there are a tremendous amount of investors. Many making 300% or more auto profits and many not making anything. The FX auto trade systems that are available can be VERY impressive – but listen or view the products.

Visit: Forex Course Systems

Happy learning and Trading!

American Investment Training



Source by Nick Hunter

Is Bill Poulos’s Forex Profit Accelerator Course For Real?

The Forex Profit Accelerator course is marketed as an industry leading course, one which can turn even a new trader into a well oiled machine, capable of creating a steady stream of wealth in Forex trading. Is this true or is Forex Profit Accelerator a scam?

Before I touch upon the course itself, let me just say a few words about the creator. I’m referring to Bill Poulos. Anyone who is into Forex has heard about Bill Poulos as his Forex and investment training is considered top notch and he enjoys a reputation for excellence which not many other traders can boast of.

This reputation stems from 2 roots:

1. He is immensely knowledgeable in the markets as a 30 year veteran trader.

2. He is excellent at teaching what he knows to other people. This is really the key. It’s not enough to know how to make money yourself, you need to be able to pass on that knowledge. Bill Poulos certainly knows how.

This brings me to Forex Profit Accelerator itself. As someone who has this course himself, I can say without a doubt that this course is the real deal. Not only is the trading systems he teaches are excellent, but your entire method of trading Forex will change after you go through this course. Instead of relying on useless tips, tricks, useless programs and tools, you will have such an in depth knowledge of how the market works that you will not need anything else to make money in Forex.

But it doesn’t stop there. What Forex Profit Accelerator will show you is how you can have the lifestyle of a successful trader. Instead of spending hours in front of the screen, checking endless charts and reading useless articles, you’ll be able to come up with a complete trading strategy for the near future in just 20 minutes a day.

In getting Forex Profit Accelerator, you will not only be helping yourself to make more money but also to have a lot more free time. This is truly the best way to get a Forex education and become an expert trader.



Source by Jonathan Gibson

Educate Yourself With a Good Forex Trading Course

Online forex trading is fast rising in popularity and with this comes the numerous forex trading courses offered to a lot of aspiring forex traders. However, although these courses come in abundance, not all of them are worth buying for. For you to become a good forex trader, you need to educate yourself by means of having the best forex trading course out there.

In choosing a forex trading course to buy, you must consider the content of the course. It is good to ask why such manufacturer sell the forex trading course. See if it will really help you make hundreds of dollars. You should ensure that your money will not go into waste, thus, making sure that the forex trading course you are about to purchase is worth buying for. You should realize that the majority of these courses are just junks and that they would most likely to rely on the advertising rather than the effectiveness of the course. As a forex trader, don’t just fall easily on flowery advertisements. Always look for good brands that will assure you of good quality of forex education.

If you want to test the effectiveness of the course, ask the vendor for real time tracks and if they cannot give you anything, then it’s not a good forex trading course to buy. Remember, although these trading courses will help you a lot in your forex trading business, no one is going to make you rich except yourself alone. What you can do is to buy a reputable forex trading course, and do your part of being a good learner in such case.



Source by Timothy Stevens

The Minimum Requisite Education For Successful Forex Trading

You can call it by any of these names—Foreign exchange, forex or just FX. They all describe the mode of trading of the world’s major currencies. Today, the forex market is considered the largest market in the world with the volume of trading that amounts to around USD 1.5 trillion every day. Add the volume of activities of all the domestic trading exchanges and even then the forex transaction on an average day is more than this combined value. The forex trading value is also one hundred times greater than the daily trading on the NYSE (New York Stock Exchange). The activities in this market are mostly speculative, with a small portion representing governments’ and banks’ fundamental currency conversion needs.

The forex market is fundamentally different in nature having an operation on the “interbank” market, instead of operating through a central exchange like those of the domestic stock markets. In nature forex market resembles an OTC or over the counter market, where trading takes place directly between the two parties whether over the telephone or on electronic networks all over the world. The main centers for trading are Sydney, Tokyo, London, Frankfurt and New York. Because of this worldwide network of trading centres, the forex market remains operative 24-hour all through the week.

In the earlier days, the forex trading was the monopoly of financial giants and a few selective big time traders. But the globalization and internet has thrown open the market to common traders with a sharp intuition for speculative trading. In addition to a sharp intuition and predicting abilities, a first time trader needs some basi training in the major terms of forex trading.

The basic forex terms:

Spot:

The forex market is described as the spot market as the trades are settled instantly, “on the spot”. In real life it amounts to two banking days.

Spread

You sell currencies in this market through a ‘bid’, and you buy them through ‘ask’. The spread is the difference between the price at which you sold the currency and the price you have bought them. Under normal market condition you will find a spread on majors amounting to 3 pips.

Pips

As said earlier you will often come across such scenario as a 3-pip spread on trading the majors. It is the basic unit for measuring a cross price quote changes. Consider this instance, where EURUSD is quoted at a bid price of 0.9875 and an ask price of 0.9878. The difference is USD 0.0003, which is equal to 3 “pips”.

Margin Trading

Foreign exchange is normally traded on margin which is considerably higher than any other stock exchanges. In forex market you will enjoy a margin up to 100 times.

Base Currency and Variable Currency

In forex market you are always trading on a combination of two currencies. For example, you will buy US dollars and sell Euro. It means you have to speculate on the assumption of comparative strength and weaknesses of the any two currencies.

Forex market is a perfect for those who do not dare to take risks. But you will be in a position of taking risks when you adequately educated in this field and your basic minimum education in this field should start with a clear perception about the above described forex trading terms.



Source by Berg Davidsen

Fulfill Your Foreign Exchange Buying And Selling Plans Swiftly And Quickly

Choose a currency pair and then spend some time learning about that pair. By trying to research all the different types of pairings you will be stuck learning instead of trading. Choose one currency pair and find out as much as you can about that one. Know the pair’s volatility vs. its forecasting. Try to keep your predictions simple.

Make sure that you familiarize yourself with your Forex broker’s trading practices to make sure that he is not doing things that might be considered unscrupulous. You can make a lot of profits while working with the correct broker, but choosing the wrong one can make you lose a lot.

Are you interested in becoming a currency trader? Now is the best time to do it! You may be unsure of how to begin and what is involved, but this article can help shed some light on answers to these questions and more. This article will provide you with some excellent tips for beginning foreign exchange trading in the right way.

Be sure that you select an account package that’s right for you. Knowing which account package is right for you depends on your level of expertise and knowledge. If you’re just starting out, you’ll want to go with a mini account, because the risk will be much lower.

When pondering whether to become a foreign exchange trader, a good rule to follow is to start out small. Consider using a mini account. Keep your mini account for the span of a year and if you enjoy it and see rewards, expand your portfolio. Having a mini account lets you learn the ins and outs of the market without risking much money.

Trading on Forex should be started with an account that is minimal. This serves as a great practice tool and will also minimize your losses. It does not allow for big trades, but it’s a great way to study profits, losses and determining the good trades from bad trades.

As was stated in the beginning of this article, having knowledge about Forex is the best way for you to become successful at it, thus making a significant amount of money. The next time you are getting ready to trade with Forex, keep the tips you learned from this article in mind.

If you are on a streak and have a great percentage of profitable trades over a short period of time, do not think that things will slow down. Generally, when the market is good, you will have to take advantage of it, as you should continue to invest to capitalize on your opportunities.

It’s easy to earn a nice living from Forex once you know how. Never forget the importance of continuing to stay current on trends. Keep educating yourself about new ways to succeed in the market. Continue monitoring Forex websites and reading the Forex up-to-date tips to have a cutting edge in Forex trading.

Although you can certainly exchange ideas and information with other Forex traders, you should rely on your own judgment, ultimately, if you want to trade successfully. It is a good idea to listen to ideas from experienced traders, but you should ultimately make your own trading decisions because it’s your own money that could be lost.

Many people consider currency from Canada as a low risk in Forex Trading. It can be tough to follow a foreign country’s developments, making trading foreign currencies hard. Canadian dollar tends to follow trends set by the U. States dollar, which is a sound investment.

Make a checklist that must be followed before entering a new Forex trade. A checklist forces you to slow down and double check that the trade is truly a good deal. Come up with a list of requirements that are necessary for all deals, and then analyze this list whenever you are thinking about making a trade. This keeps you from getting caught up in the excitement of a new trend.

Always manage your risk. The Forex market is tricky and it can turn on you in a heartbeat. Set up Stop-loss amounts to keep yourself from losing your shirt in a downturn. If you are making a profit, pull the profit out of the market and leave your initial investment.

Stay away from trades involving unpopular currency pairs. When you stick to trading the Forex popular currency pairs, which have high liquidity, you will always have the ability to quickly buy and sell positions in the market. If you are trading with a rare currency pair, you may not be able to find a buyer when you wish to sell.

You should put Stop-losses in your strategy so that you can protect yourself. Part of this will be following your gut, the other part will be past experience with the market. Just like anything else in life, to be successful at trading it takes quite a bit of trial and error to reach the goals you wish to achieve.

Adjust your position each time you open up a new trade, based on the charts you’re studying. Traders often open in the same position and spend more than they should or not a sufficient amount. Vary your position depending on the trades above you if you want to be profitable in the market.

Traders new to Forex get extremely enthusiastic and tend to pour all their time and effort into trading. People often discover that the levels of intensity and stress will wear them out after a couple of hours. Take frequent breaks to make sure you don’t get burnt out- Forex will still be there when you’re done.



Source by Artur Aghajanyan

Forex Trading Tips – How You Can Profit at Least 200 Pips Each Week Trading Forex

Profiting 200 pips from the forex market might seem rather out-of-reach for most ( including yourself perhaps ) if you have not been there done that. This logic is very simple to understand here – Considering a trader who can consistently nail an average of 200 pips from the forex market each week, this kind of profit target would not be overwhelming to him/her anymore. On the other hand, if you are the kind of trader who struggle to make 50 – 80 pips each week, this target of 200 pips might seem like an impossible target for you (at least for now). However, nothing is hard or impossible as long as you break down everything and try to understand the process in a simple manner – Likewise for this strategy on profiting 200 pips each week.

Let me share the details below:

In forex trading, being “consistent ” is really the key to succeed continuously month after month and for a long time to come. Nothing beats this fact I am sure. So instead of thinking how to make 200 pips each week, you just have to break it down into 40 pips a day instead. Not only is 40 pips a very achievable target, but it is also a ” realistic ” target as well. Why do I say so?

Because for almost all the currency pairs available for trading, their average daily pips range would be between 100 – 150 pips at least. Hence, when you are aiming for just 40 pips out of this range, it is definitely very do-able once you understand some proven facts I am sharing here. For this example, let me use the EUR/USD for my explanation of this strategy. This is one of the most commonly traded pair and the liquidity is definitely good.

Here are some tips for you to secure the 40 pips target with confidence:

1) Always Trade On The Bigger Time-frames Such As 1 hourly or 4 hourly

By looking at the bigger time-frames, you are actually looking at the ” bigger ” price projection in the market. Therefore, not only are you looking at more reliable signals & patterns formation from the chart, but also not that tiring after all as compared to staring at the 1 minute or 5 minutes charts instead.

2) You Should Trade With A Good ” Risk/Reward ” Ratio Of At Least 1.5x

Forex trading is merely a game of probability after all. As long as you lose less than what you win each time and simply rinse and repeat over many trades, you are going to be in the “positive” profits zone every month. So by applying a risk/reward ratio of 1.5x, you would plan your take profit at 45 pips (applicable for a pair such as EUR/USD) each time and stop loss at 30 pips. When you stick strictly to this ratio, each time you would win 45 pips but when you lose, it is only 30 pips.

Lose less and win more – That’s what I called it!

3) Learn Forex Trading Strategies For Both Sideway & Trending Market

In the forex market, it is either the market is going sideway (ranging) OR trending. And the beauty is that you can definitely nail those pips (profits) you need from both market condition once you have some strategies for each different market.

To truly put all odds on your side, it is no good to apply just one strategy to all market conditions as in this way, you would not be getting good results in the long run or maybe only “breakeven ” perhaps. So what you should do is to include good strategies meant for both the sideway & trending market in your trading basket. And the best strategies you should use would be based on Price Action itself.

Why so?

This is because Price Action is not lagging and the ” hints ” you derive from the actual market Price Action is more reliable most of the time. On the other hand, when you rely too heavily on the so called ” textbook technical indicators”, you would suffer more confusions and uncertainty as they are generally plain lagging and not as reliable as compared to Price Action.

Having stick to these 3 proven tips, your effort to make 200 pips each week would not be such a challenge anymore. You would suffer some losses definitely, but if you trade just 2 times a day ( using TP 45 pips & SL 30 pips ) and your strategies are just 50% accurate – 200 Pips by the end of the week is very do-able indeed! So if you are keen on tuning both your mindset and trading skills to make 200 pips each week, do try out and get familiar with these 3 rules using a DEMO account first.

Once you can ” consistently ” get many repeated 200 pips each week, you can then proceed onto a Live trading account if you want. 200 pips each week would roughly equate to about 800 pips every month. Now do you know how much these kind of pips would help to grow your account size by only risking 2 -3 % each time? I would say, it is enough to make most traders around the world “filled with envy ” once they know about your success with forex!



Source by Aaron Tan Wei Ming

Earn Additional Money With These Forex Strategies

If you are new to Forex, begin by focusing on a single currency pair then expand as your skills improve. When you first enter the world of currency trading, professional traders suggest that the best way to practice and tone your trading skills is to trade only liquid and widely traded currency pairs, at first.

As stated previously, the information, tips and advice of experienced traders is invaluable to anyone, who is just starting out in the Forex market. Using the tips in this article will help you with your interest in the Forex market. Profitable opportunities are vast for new traders, who are willing to invest their time and energy into learning about the market and follow expert advice.

These suggestions are directly from people who have been successful with trading on the Forex market. Although we cannot guarantee you will be successful in your trading, these tips will assist you in becoming successful. Apply these tips and begin making some money!

Because the values of some currencies seem to gravitate to a price just below the prevailing stop-loss markers, it appears that the marker must be visible to some people in the market itself. This is not true. Running trades without stop-loss markers can be a very dangerous proposition.

Some traders think that their stop-loss markers show up somehow on other traders’ charts or are otherwise visible to the overall market, making a given currency fall to a price just outside of the majority of the stops before heading back up. This is absolutely false; in fact, trading with stop-loss markers is critical.

Forex is the largest market in the world. Investors know how to study the market and understand currency values. The average trader, however, may not be able to rely on their own skills to make safe speculations about foreign currencies.

Traders that are new to Forex become excited and somewhat obsessive, staring at charts all day and reading all kinds of trading books and other literature non-stop. Forex people’s attention starts to wane after they’ve put a few hours into a task, and Forex is no different. Take breaks from trading, and remember that the market will be there when you get back.

When you trade currencies in Forex, try to buy based on trends. Picking currencies that are top and bottom pairs may seem more lucrative, but it is a much more difficult way to trade. Following trends will give you more long-term success and therefore, more long-term profit in your Forex trading.

A good tip for beginners trying to become a successful foreign exchange trader is to set up a demo account. These demo accounts help the individual to have a feel for the interface of the software as well as get valuable practice in trading. These are free and are easy to set up.

Change the position in which you open up to suit the current market. Some traders open with identical positions and invest more funds than they can afford or an inadequate amount to begin with. Your opening position should reflect the current trades you have available for the best chance of success with the Forex market.

To be successful in Forex Trading, remember to follow trends. Rather than trying to beat the game, work with it. When the trend is up, it’s not time to sell, and when the trend is down you don’t want to buy. Trying to work against the trends will require more skill and attention, which will develop with more experience.

It is important to stay current with the news. Make sure that you know what is transpiring with the currencies that are relevant to your investments. Speculation has a heavy hand in driving the direction of currency, and the news is usually responsible for speculative diatribe. Get some alerts set up so that you’ll be one of the first to know when news comes out concerning your markets.

Placing successful stop losses in the Forex market is more of an art than a science. You are the one who determines the proper balance between research and instinct when it comes to trading in the Forex market. What this means is that you must be skilled and patient when using stop-loss.

As has been discussed, Forex is a program for the exchange of foreign currency for global business. By using the information that the above article has provided, you will be better able to understand the benefits that Forex has to offer business and how best to apply these benefits with regards to your situation.

When trading, try to avoid placing protective stops on numbers that are obviously round. When you do have to place a stop, make sure to put it below those round numbers and on short positions instead. Round numbers include 10, 20, 35, 40, 55, 60, 100, etc.

People tend to be greedy and careless once they see success in their trading, which can result in losses down the road. Lack of confidence or panic can also generate losses. When in the Forex trader driver’s seat, you need to make quick decisions that reflect the real “road” conditions, not your wishes and emotions



Source by Artur Aghajanyan

Forex Trading Advice – What Gains Could You Make Trading Global Currencies?

What gains can you expect from trading global currencies and how much effort do you need to make to generate a great second income? In this article I will give you some realistic targets to aim for and also give you an idea of the amount of study and work you have to do to make these gains.

Forex trading is easy to learn and there is no need for ongoing education, once you have a system you are happy with and have confidence in. No system is perfect but if you have a simple system based on charts, you can make a lot of money with it. So how long will it take to learn a simple chart based system? My own view is it will take a couple of weeks to around a month, to learn all you need to know and that’s it – no further study is required.

Many traders waste their time, researching new systems when they get a few losses but all systems will experience losing periods. Instead of swapping systems, if you have confidence in your system trade it through periods of losses with discipline. If the systems soundly based, it will make money over the long term. Short term dips in equity, happen to all traders so accept them, trade with discipline and focus on the long term.

Your system should also be based on following long term price action, if you focus on the longer term, you will find you make more profit and do less work and an hour a day off work can make you a lot of profit.

So How Much Money Can you Make Trading Forex?

Of course, this will vary between traders and systems but here are some general points in relation to how much you can make and the size of equity dips you can expect.

The best traders will make between 30 – 100% per annum and this can be achieved even by new traders. You will see lots of gurus and cheap Forex robots saying you can make 100 – 1,000% per annum and also have very small losses( normally under 5%) but there lying and they don’t achieve these figures.

If you make 30 – 100%, your drawdown will increase with the amount you are targeting typically, if you are aiming for 30% annual gains, your drawdown will be around 10% and on 100% gains it will be about 30 – 50% and periods of losses will always last a few weeks to a couple of months so its important to keep your eyes focused firmly on the longer term – cut your losses and run your profits.

The above is an honest assessment of how much money you can make trading Forex and the time it will take you to do it so good luck and I hope, the above Forex trading advice helps you enjoy long term trading success.



Source by Kelly Price