mercredi 30 mai 2007

Forex Education for Your Future

Here's a statistic that may shock you.

Of the 77 million Baby Boomers in the United States planning for retirement in the next 10 to 15 years, 75% are hurtling towards unexpected financial difficulties, including having to go back to work. Unfortunately may people won't realize how ill-prepared they are for retirement until it is to late...

Here is my recommendation. Get you financial education now!

And while you're at it, a Forex Education with Forex Journey is the way to go.

Now let's fast forward a few years and you have taken he time to invest in your Forex education, which is truly an investment in yourself. You have learned to control your risk. You have built up your account where it alone can support your retirement needs.

Plus, you can continue to grow your account trading just a few hours per week. Your skills are easily transferable to the stock and futures market. In fact, why even wait until you're retirement age start building your life now and perhaps your dreams are closer than your think!

This is all possible if you take a proactive approach and get educated!

Happy Trading!!

Forex Education for Your Future

Here's a statistic that may shock you.

Of the 77 million Baby Boomers in the United States planning for retirement in the next 10 to 15 years, 75% are hurtling towards unexpected financial difficulties, including having to go back to work. Unfortunately may people won't realize how ill-prepared they are for retirement until it is to late...

Here is my recommendation. Get you financial education now!

And while you're at it, a Forex Education with Forex Journey is the way to go.

Now let's fast forward a few years and you have taken he time to invest in your Forex education, which is truly an investment in yourself. You have learned to control your risk. You have built up your account where it alone can support your retirement needs.

Plus, you can continue to grow your account trading just a few hours per week. Your skills are easily transferable to the stock and futures market. In fact, why even wait until you're retirement age start building your life now and perhaps your dreams are closer than your think!

This is all possible if you take a proactive approach and get educated!

Happy Trading!!

mardi 22 mai 2007

The Power of Expectation

One of the most powerful emotional triggers we can bring into our trading is the power of expectation. Expectations are the fuel that makes our trading goals seem to rush towrds us. Therefore, setting postive expectations is a critical component of our emotional mindset, especially when we are trading.

Here are some thoughts to help you set profitable expectations before beginning your trading session:

  • Trade to be great! Enter every trade with the expectation of making profit and not losing money.
  • Embrace the challenge of the market. It is through these challenges were growth lies.
  • Don't focus on the results. Instead focus on the process and the results will take care of themselves.
  • Believe in yourself.
  • Commit that nothing will take you off of your "A" game while trading
  • Be decisive and except full responsibility for the outcome.
  • Have positive self-talk. Negative talk will lead to negative results.

Expect to be profitable even in the face of obstacles. You have a choice. You can move forward in action or backwards in fear. Positive expectations will promote the positive results and positive results in our business always leads to profit!

This is a sample of the trading methodology at Forex Journey. We go way beyond trendlines and chart patterns!

Happy Trading!!

The Power of Expectation

One of the most powerful emotional triggers we can bring into our trading is the power of expectation. Expectations are the fuel that makes our trading goals seem to rush towrds us. Therefore, setting postive expectations is a critical component of our emotional mindset, especially when we are trading.

Here are some thoughts to help you set profitable expectations before beginning your trading session:

  • Trade to be great! Enter every trade with the expectation of making profit and not losing money.
  • Embrace the challenge of the market. It is through these challenges were growth lies.
  • Don't focus on the results. Instead focus on the process and the results will take care of themselves.
  • Believe in yourself.
  • Commit that nothing will take you off of your "A" game while trading
  • Be decisive and except full responsibility for the outcome.
  • Have positive self-talk. Negative talk will lead to negative results.

Expect to be profitable even in the face of obstacles. You have a choice. You can move forward in action or backwards in fear. Positive expectations will promote the positive results and positive results in our business always leads to profit!

This is a sample of the trading methodology at Forex Journey. We go way beyond trendlines and chart patterns!

Happy Trading!!

lundi 21 mai 2007

Free Forex Signal 22 May 2007

Gbp/Jpy
Short GJ @ 239.46 or better.
Target @ 238.48, 237.90, hold with daily trend.

Gbp/Usd
Still downtrend. Just take short.

Eur/Usd
Still downtred. Just take short position but beware EU has nasty swing.

Usd/Cad
Beware. A retrace or even a change in trend is coming soon. Exit at will and wait for confirmation to go long.

Trade at your own risk.

dimanche 20 mai 2007

Accuracy is Luxury

In the land of forex, trend is king. Also here accuracy is a luxury. During early days of trading, some people can see the trade based on their signal but finding the best entry is a bit difficult. After sometime the system will give less signal but higher percentage of winning. Then comes the accuracy. Once you have learn how to get highly accurate entry point you will see what i mean by accuracy is a luxury.

jeudi 17 mai 2007

Taking a Cue from the Past

Last night I was doing some much needed spring cleaning in the office. I was going through that box in the closet. You know the one? The one that has been sitting there for years and you say every year you are going to get to it!

I was going through this box and it was like going down memory lane, but one of the items I came across just floored me. Back in my early days of trading the Forex market I use to write out cue cards of areas I was struggling with adjusting to the new market. Prior to driving into currencies I traded the stocks and options entirely on end-of-day trading, and jumping into the hustle and bustle of the Forex market brought a new level of emotional intelligence.

I thought you might enjoy excerpts from my cue cards. I still use them, now they are just internalized!

Cue Card #1: Daily Check List, Set up charts, review economic calendar and news, review the big picture, are the charts reversing or retracing, acceptable reward -risk ratio, why not take the trade, pull the@#$% trigger! An finally, journal results

Cue Card #2

#1 - ALWAYS REVIEW AND PREPARE

#2 - ENTRY DECISIONS ON COMPLETED CANDLES ONLY!!

#3 - SET STOPS CAREFULLY

#4 - DO NOT TRADE AGAINST THE TREND

#5 – RISK LESS IF SECOND RETRACEMENT OF MOVE

On another note…

I am getting a lot of questions about Forex Journey training. Mainly around how and where we teach. To the latter, we do daily live online training in our trading room. This room is a live, online interactive room where we are both training live at the beginning of the New York session. Your membership gives you access to this room every morning.

In the room we follow trading rules based on the Forex Journey principals of integrating candlestick and chart patterns, as well as our comprehensive approach to Fibonacci studies. While training in the room buy and sell opportunities are set up, but during the moment of truth, the decision are left to the individual traders. . Money management techniques demonstrated and trading psychology is always on the menu.

Trading in our room is the perfect way to learn to trade the Forex market. Our techniques are potable to any liquid financial market, and will lead confident and discipline trading.

Click here to begin your Forex Journey!

Happy Trading!