This week in Forex trading I am looking at the AUD USD among several other pairs. When you see the “Road Map to Success” you will be extremely excited to experience that you can look at any currency pair on any time frame and using some very basic technical analysis trading strategies you can immediately know whether you should be looking for an entry or an exit, what exactly the next entry or exit will be and what time frame to focus on at this time. When you have this experience it can totally transform the results you are getting from losing or breaking even to consistent increase in capital.
Today I was walking along a gray weathered wooden pier looking at old fishing boats and I caught a whiff of some pungent fresh grouper that a leather faced old man held up to me in a bucket. “Did you catch that yourself?” I asked but he just smiled and said something incomprehensible in native tongue. My companion spoke to him in his language and then he smiled proudly and pointed out over the sparkling sapphire blue water toward the nearby island lined with tall coconut trees gently waving in the breeze.
He explained that his family owned the claim to a fishing area where they sat under the hot sun in a covered bamboo thatched raft and that this morning a school of the bright red speckled fish had passed through and they had hauled in this bucket full. The family always caught the fish between 5 and 7 AM and sold them between 8 and 10 AM in order to keep the proper “rhythm” for a profitable business. Then there was another round in the afternoon to supply the afternoon fish market customers.
In Forex Trading most traders choose to enter and exit trades in a way that is not in the “rhythm of profit” This rhythm is partly a psychological mindset that is different from what is “normal” behavior. But it is also a very specific technical analysis method to enter and exit trades at the points that tend to give maximum profit and high probability for consistent winning.
Once you see how this works and experience it for yourself it can transform your Forex trading business quickly and empower you to finally get the results that you always knew were possible but just could not achieve consistently. Even many “professional” Forex traders end up scratching their heads in confusion as they look for many different reasons to enter and exit trades which fail to put them into this natural rhythm.
You can see right on the charts that this rhythm has been working as far back as you care to test on any time frame. Why isn’t everyone doing this? Maybe the same reason everyone isn’t forming the world’s most successful companies like Microsoft, Facebook, or Google. This is for the few people whose eyes are open to opportunity and transformation.
Here's the video of Rhythm of Profit I made for you.
Live deliberately, trade deliberately.
Scott Shubert![]()
There are still some positions open for the 2011 Platinum Trading Group. We will be ending this enrollment period for the Yin Yang Forex Trading System on the last day of December. For now we will be sending out your video training system asap so you can start during December and be ready to participate in the live trading sessions in January.
When the stock market turns, currency pairs in the Forex market follow almost simultaneously. Some Forex traders constantly watch the Dow even on very short time frames to either predict or confirm the movement of Forex pairs.
At the time of this video we are right at a point when a long term turning point could be imminent. Charts reveal the possibilities when global economy and trader sentiment are both revealing the opposite. What's even more exciting about this video is discovering how to make profitable trading decisions without even knowing for sure that the next turn will happen as expected.
This video shows the clear pattern set up on the New York Stock Exchange, the NASDAQ, the Dow, and the S&P 500. These markets are correlated somewhat either directly or inversely with Forex currency pairs. See for yourself how this works and what is extremely likely to be about to happen right now.
Click HERE to view video.
The new CFTC/NFA regulation that caused sheer panic to many US Forex traders is taking effect now. By now, all Forex Traders must have heard about this new regulation. But do they really understand how it works? The new regulation reduces the leverage available at US Forex brokerages to 50:1. The question remains, is this going to make or break your business?
Boulder, CO (PRWEB) October 19, 2010 -- The new CFTC/NFA regulation that caused sheer panic to many US Forex traders is taking effect today. By now, all Forex Traders must have heard about this new regulation. But do they really understand how it works? The new regulation reduces the leverage available at US Forex brokerages to 50:1. The question remains, is this going to make or break your business?
In 100:1 leverage ratio, a trader would be required to place $1000 in deposited funds for every $100,000 standard lot traded. In 50:1 leverage $2000 in deposited funds would be required for the same standard lot.
While most Forex traders have reacted negatively to this new regulation, Scott Shubert, CEO of Trading Mastermind sees this as a very minor challenge for Forex traders. He says that being successful in Forex trading with 50:1 leverage will depend on how well you manage your risk. He believes that the only problem with high leverage is if uneducated traders use poor risk management. Scott is a successful Forex trader who has been recognized as one of the few legitimate trainers in the Forex trading industry for more than five years and is the author of Yin Yang Forex Training System which is one of the most well received and comprehensive Forex training systems currently available. His latest video thoroughly demonstrates how to get around the challenge of this new CFTC regulation and how to properly manage the risk involved. For more information about Scott Shubert visit his website to learn how to master the art of Forex Trading.
Effective on October 18, 2010 the new CFTC regulation of Forex limiting leverage to 50:1 is going to take place. This new regulation has been creating doubts and fears in the minds of some Forex traders and some people have been saying that this could be the end of Forex Trading.
This video is going to answer all of those questions that have been bugging the minds of Forex traders since this new regulation was announced. It will help you understand how the new CFTC regulation of Forex limiting leverage to 50:1 really works and how to get around this challenge with the minor inconvenience that this regulation will cause. The video will show you that success is not really about what risks you are going to take with the new CFTC regulation of Forex limiting leverage to 50:1 but it is more about how to properly manage the risks involved.
The most important solution to success in Forex is to have the best training and education just like what this video will show you and to better understand how to work with this regulation to build a solid long term trading business.