ForexMentor - London Close Strategy for forex trading (Enjoy Free BONUS Forex Mastermind forex4noobs)
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English | 3h 14mn | 1016 x 756 | MP4 H264 471 Kbps | AAC 128 Kbps | 870.89 MB
Genre: eLearning
An Active Trader Shows You Her Killer Strategy To Profit Consistently From The Forex! Now You Can Learn EXACTLY How She Does It! How Would You Like to Learn to Trade A Simple Intraday Strategy That Sets Up on Most Trading Days with an Accuracy of 90%? |
Shirley Hudson and I will co-hosted a live webinar event on Nov. 20, 2010 during which time we spent 3 hours going over the London Close Trade Strategy step-by-step with 200+ guests. Watch the preview here. The exact same strategy that Shirley used to generate these incredible results was revealed in detail. We showed traders they can implement this strategy in your own trading. The full recording to the event is now available
Here's what you will learn at the webinar:
* The Theory behind the London Close Trade (LCT)
* The London Close Set Up
* Trade Entry
* Setting the Stop Loss
* Profit Targets and Trade Management
* Setting Up Your Trading Day
* Tips & Tricks
* Final Comments
* Questions and Answers
Who Is The London Close Trade Strategy For?
* Wanting to participate more actively in the markets on a daily basis.
* A longer term, or swing trader, who would like to make additional profits while waiting for longer time frame set ups to occur.
* Only wanting to trade a few hours a day.
What Are the Benefits of the London Close Trade?
* VERY high accuracy (90%), providing a nice psychological boost to struggling traders..
* Strategy based on a proven, REAL track record. No need to re-invent the wheel!
* Frequent trades, so more opportunities to bank pips.
* A very time specific trade, so no need to be in front of your computer for long hours
* Very well defined parameters, making the system quite objective
* A great way to add trades to your existing longer term strategy
Introducing…
“Forex Mastermind”
For the first time ever, I will reveal how I use my Price Action strategy, trading psychology, and money management together to trade Forex profitably.
Best part: You can remove the complications and stresses from your trading…
…and learn my 3-step approach that:
- Shows you how to trade pure Price Action, indicator free, and stress free
- Gives you the exact techniques to master your trading psychology
- And most important, provides you with a money and risk management plan that you can scale while you grow your account
If you want to be a Forex trader, you will see how my simple approach can make you profitable… even if you are new to trading… even if the Forex market is currently kicking your butt… even if you have been trading for a while, but you’re only breaking even.
But don’t take my word for it…
3 Traders Who Became Profitable in Forex Mastermind
Until recently, I’m positive you’ve never heard about “Forex Mastermind”. Here’s why:
I wanted to make sure it worked. The price action side of things has worked for years, you have seen that course before. However, the trading psychology and money management, I needed to be sure it worked…
…And not only for me, but for other traders, part time, full time, and others who just trade for fun.
So instead of rushing to release this course, I spent 12 months, with countless hours of hard work with a student of mine who has turned into a professional trader, and we refined the entire process into a system.
I can’t guarantee that you will achieve the same results (or any results for that matter), because nobody can, and if they do, they are probably scammers. But, the techniques taught in this course have helped these traders become successful, profitable traders. And now, you can learn the same techniques.
While it sounds technical, it’s not.
“Forex Mastermind” is a unique, complete, and effective way to trade Forex, and it’s designed to make you an independently successful trader.
I will get to all those details in a minute.
But first, let’s start at the beginning…
Why I Hate Traditional Trading Systems, Trading Without a Plan, and Other Gimmicks
Hi, I’m Nick Bencino, founder of forex4noobs.com. I’m the guy who first brought Forex Price Action to the internet back in 2006 and who has been teaching Price Action on forex4noobs for ten years now.
That’s why you will be surprised that, though I think using a Price Action based strategy is the best way to trade Forex successfully…
…It is not the most important part of trading.
Forex Trading is More Than Just Your Strategy
You see, if you want to be a profitable trader, you’ll need three things.
- A solid trading strategy to find good trade setups, and enter them.
- A solid risk and money management system for managing your trades and staying profitable.
- A strong trading psychology to withstand the stresses, ups, and downs of trading.
And if you do not have all three of these things, your trading career is going to be tough.
You might not know this about me, but until two years ago, I had only mastered two of these things. My trading strategy has always been solid, Price Action really is the best way to trade.
My trading psychology has always been strong, as far back as I can remember.
But let me tell you…
My money and risk management was incredibly basic for a very long time. I was using a money management plan, I just did not realize how much better it could have been.
And my trading suffered as a result. I was still profitable, but I would have been a lot more profitable if I’d mastered money and risk management.
Ignoring Any of These Three Core Skills Will Make You An Inefficient Trader
The truth is that trading is not about mastering only one or two of these skills…
…A great trader has mastered all three of these skills.
So while I was profitable year over year, I was not trading at my best, and I was not happy about that. So I got to work.
Luckily for me I have a great community of real traders in my trading forum.
And one of them helped me to master my risk and money management.
It’s a pretty cool thing, because people join the forum as my students. I help them to master Price Action, and as they grow as traders I learn new things from them.
I really love that about the forum community.
And here is another thing I learned from the forum…
The 3 Types of People Who Trade Forex
As you can guess, it’s the complete traders, who have mastered all the core skill who are the most consistent, and the most profitable.
You can be profitable having only mastered two of the skills, I was for years. But when you master everything, that’s when you become a great trader.
So…
If You Ever Felt Like This…
“I just don’t know when to enter a trade. I know all my rules, I set the setup, but I am struggling to find the confidence to actually enter”
“I panic when I am in a trade, and I make dumb decisions. I exit when price moves against me, then it turns back around and moves into profit, but its too late because I am out.”
“I find it hard to stay consistent, I win a few trades, then I lose all my profit. A lot of the times I lose more on losses than I gain on wins. I am stuck at break even.”
It’s because you’re missing one or more of the core skills you need.
And that’s a BIG problem.
Let me break it down.
You already know that most new traders fail, the common wisdom says 95%, but I would guess it’s more likely 75%. Out of the 75% who fail, at least half give up within the first six months.
The rest struggle along for much longer, breaking even most of the time. They jump from one trading strategy to another, but they never end up making it work. This may sound familiar to you, and if it does…
It’s because you are focusing on the wrong things.
Instead of focusing only on one or two of your core trading skills, you need to focus on them all, and master them all.
Your trading strategy, your trading psychology, and your money/risk management are ALL vital.
It doesn't matter how good your trading strategy is, if you have a poor trading psychology, you will let panic rule your decisions, and you will fail.
And that is the key.
Mastering ALL of the three core skills of trading.
There Are 3 Core Skills to Master In Your Trading (And You Need All of Them to Be a Great Trader)
I believe that this is the only way to be a great trader.
Remember when I said, if you want to be a profitable trader, you’ll need three things.
- A solid trading strategy to find good trade setups, and enter them.
- A solid risk and money management system for managing your trades and staying profitable.
- A strong trading psychology to withstand the stresses, ups, and downs of trading.
That’s where “Forex Mastermind” comes in. Here is how it works…
The three core skills…
#1 A Trading Strategy: You need to master a strong, accurate, and easy to use trading strategy.
#2 Strong Trading Psychology: You need to have a strong trading psychology and control over your emotions.
#3 Solid Money/Risk Managment Plan: You must have a solid money and risk managment plan to maximize growth, and stay profitable through losing streaks.
And each of these skills is essential if you want to master Forex trading.
I’ll explain.
Skill 1: The Trading Strategy
You Cannot Trade Without a Great Strategy
Remember when I said that a trading strategy is not the most important part of trading? That does not mean you do not need a great strategy.
The only way to find good trades consistently is by using a great trading strategy. A great trading strategy is simple, stress free, and provides you with good trades regularly.
And that’s why you need to trade using price action. Price action keeps your trading simple, with no indicators, and minimal analysis. This also makes trading around a busy schedule much easier.
What makes “Price action” such a great way to trade?
Most people think trading Forex requires a lot of indicators and analysis…
…And it just doesn’t. Price action trading is simple, yet powerful way to trade the Forex market.
My price action strategy is broken up into two parts:
- Advanced candlestick analysis.
- Support and resistance areas.
Which means my charts end up looking something like this.
No indicators, no hassle, just nice clean charts and a nice short trade. This is a recent trade taken on GBP/USD. It took a total of 10 minutes to spot this trade, find an entry and a stop, set up a pending order, and trade it. Once the trade hit the limit order it was closed for 273 pips profit! Not bad for 10 minutes of work.
Trades like this happen every day across many currency pairs. With my price action techniques, you can spot and trade them too.
Price action is all about reading and understanding the movement of price. The benefit of reading and understanding price movement is that when you understand price you can predict with a higher degree of accuracy what it will do next. So in other words, you can read the market’s mind.
I know that sounds cheesy “read the market’s mind”
But it’s true, price is how Forex moves, and when you learn to predict what price will do next, you are reading the markets mind.
My advanced price action strategy will take you from a new or intermediate trader to a confident, accurate and consistently profitable trader.
Skill 2: Trading Psychology
Most People Never Master Trading Psychology and Without That, Trading is Impossible
Trading psychology is one of the hardest skills you will have to master as a trader. If you cannot control your emotions while trading, you cannot be a successful trader.
Do you ever find yourself doing any of these things?
- Panic exiting trades, usually as soon as price stalls or retraces a little, only then for price to move in your original direction.
- Getting nervous if you cannot find a good trade, and jumping into bad trades as a result.
- Staring at your charts, but not being able to pull the trigger and enter a trade.
If you do any of those things above (and you probably do more than one) your trading psychology needs some work.
When you trade, you must do it with confidence. If you trade without having control over your emotions, you will make a lot of mistakes. And this is something every trader experiences, but only great traders overcome it.
But when you learn my “Forex Mastermind” course, you’ll learn how to keep control of your emotions. I won’t lie, it won’t be easy…
…You will need to work on it, you will need to follow the advice, and you will need to make use of the tools.
As long as you IMPLEMENT everything in the “Forex Mastermind” course, you will be able to master your trading psychology.
Skill 3: Money & Risk Management
Most People Skip This - And It’s A Shame Mastering This Can Make The Worst Technical Trader Profitable
After you have a great trading strategy, and strong trading psychology, you need to learn how to trade smart. And with money/risk management, you do just that.
The sad truth is, nobody teaches risk and money/risk management, not properly. And this is why most traders NEVER learn how to use it properly. They focus only on finding a good trading strategy, that’s it. When they have a good strategy they cannot trade it properly, why?
Because risk and money management are the key to being profitable.
Risk management allows you to quickly decide if a trade is safe to take, or too risky and should be avoided. Instead of staring at a trade for twenty minutes trying to decide if you should enter… risk management allows you to make a quick and consistent decision.
Money management allows you to quickly set your targets and stops, and stay within your maximum risk every time. This sounds easy… but money management will allow you to do something much better…
…Managing open trades is among one of the hardest things in trading. Should you exit? Should you stay in the trade? Should you adjust your stop? Should you move your target?
And that is where using money and risk management really becomes important. Maximizing your profits on open positions, and minimizing your losses. A lot of people think adjusting your stops and targets is guesswork, but it isn’t…
…It mostly comes down to math.
I know, I know, most people don’t want to do the math.
And that’s why “Forex Mastermind” has four calculators to help you set targets, stops, and manage your trades. So instead of doing the math yourself, the calculators will do it for you (quicker than a human can calculate it).
But this isn’t even all there is to money and risk management.
Money and risk management is important before you even look at your charts. As a trader you need to have a solid trading plan. You need to know beforehand:
- What percent of your capital you are willing to risk per trade.
- What percent of your capital you are willing to risk at any one time. (risk across multiple trades)
- What your monthly account growth goals are.
These things are important to define before you start trading, because they keep you profitable. If you have a maximum risk defined, you know not to go over it. If you have monthly account growth goals defined, you are happy when you reach them.
And again, that isn’t all there is to money and risk management.
Have you ever wondered, after one or two good months of trading, if you are doing well or just lucky?
A thorough understanding of risk and money management allows you to assess your performance and answer that question.
This is vital if you want to figure out what you are doing wrong. Perhaps your winning streak was a statistical anomaly…
…It is better to know that now, than to be disappointed next month when your results are half as good.
There is a lot to money and risk management, I could talk about it for days.
The “Forex Mastermind” course will teach you money and risk management. It will also give you the tools you need to easily calculate your risk.
So…
forex training/trading Scott Shubert - Trading Mastermind
English | 31h 14mn | 408x308 | FLV VP6 194 Kbps | MP3 96Kbps | 3.20 GB
Genre: eLearning
How to Master the art of Forex trading with the most in_depth, step_by_step, complete, no_stone_left_unturned, when to enter a trade and when to exit, system that includes more than 30+ hours of "demonstration videos" for capturing profit on the best moves in the Forex market!
This is the 14 CD Trading Mastermind Course from Scott Shubert.
It is the old version to the Advanced Yin Yang, But all the material seems to be the same. This includes the Shubert Accuracy Method, The elliot Wave, Fibonnacci.
Disc 1 : Getting Started Right In Forex Trading Bonus Workshop No.5
Disc 2 : Getting Started Right In Forex Trading Bonus Workshop No.5
Disc 3 : Forex Secrets
Disc 4 : Analysis 1
Disc 5 : The Organic Breath Of The Market Bonus Workshop No.1
Disc 6 : The Organic Breath Of The Market Demo Bonus Workshop No.1
Disc 7 : The Shubert Accuracy Method Bonus Workshop No.2
Disc 8 : The Shubert Accuracy Method Demo Bonus Workshop No.2
Disc 9 : Fibonacci Secrets Revealed Bonus Workshop No.3
Disc 10 : Fibonacci Secrets Revealed Demo Bonus Workshop No.3
Disc 11 : Elliot Wave Made Simple Bonus Workshop No.4
Disc 12 : Elliot Wave Made Simple Demo Bonus Workshop No.4
Disc 13 : Additional Methods
Disc 14 : The Process Of Trading
Completing units:
ForexMentor - London Close Strategy for forex tradingBONUS forex training/trading Scott Shubert - Trading Mastermind
BONUS forex training/trading Scott Shubert - Trading Mastermind
Total Market Sales Price: $1399
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Serving Professional Traders Since 2008
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