Category Archives: Forex Mentoring

Announcing Trader Education Week – a Free Event to Help You Learn to Spot Trading Opportunities

Dear Trader,

You have an opportunity to spend the next week learning how you can spot high-confidence trade setups in the charts you follow every day.

Elliott Wave International (EWI) is hosting a free Trader Education Week, October 2-9. Register now and get instant access to free trading resources — plus you’ll receive more lessons as they’re unlocked each day of the event.

Jeffrey Kennedy, EWI analyst and one of the world’s foremost market technicians, has taught thousands how to improve their trading through his courses, subscription services and as an adjunct professor of technical analysis at Georgia Tech University. Now you have the opportunity to be a student in his online classroom, as he takes complex technical methods and tools and breaks them down so that you can apply them to your trading immediately.

Don’t miss this opportunity to learn how to spot trading opportunities in the markets you follow.

Register today and get your first 4 free trading resources immediately, plus we’ll alert you to valuable new resources unlocked every day beginning October 2.

Register for Trader Education Week — It’s FREE!

Regards,

Alan

About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world’s largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.

The 2 Most Important Keys to Successful Trading

Examples from Whole Foods Market and Reynolds American, Inc show you what to do (or not) to trade successfully with Elliott Wave

By Elliott Wave International

After 20 years of experience applying the Elliott Wave Principle, Senior Analyst Jeffrey Kennedy says that it remains the one tool that will tell him — down to the tick, to the pip, even to the penny – when his forecast is no longer viable.

That, according to Kennedy, is one of the two most important keys to successful trading:

“Know where you are wrong.”

In his May 8 Elliott Wave Junctures educational video, Kennedy shows subscribers how to acquire that knowledge when revisiting an earlier forecast that didn’t work out. This lesson was adapted from our EWJ service, and also explores the second of Kennedy’s Keys to Successful Trading:

“Don’t pick tops and bottoms.”

See the logic behind Kennedy’s wisdom by reviewing his analysis of Whole Foods Market, Inc. (WFM) and Reynolds American, Inc. (RAI).


My outlook for Whole Foods Market was right and my outlook for Reynolds American was wrong. While price evidence was compelling for both issues, the forecast in WFM was in the direction of the trend and RAI’s incorporated top picking. Here’s what happened:

On May 1, price evidence called for new highs in Whole Foods Market. We had a clearly defined uptrend, a three wave move in the direction opposite the primary trend, and the move to the downside was contained within parallel lines:

Additionally, we had a double closed-key reversal when the low was made, as well as some bullish divergence on the smaller timeframes. Price evidence was very strong that this market would continue to new all-time highs, so my outlook was bullish.

The bullish outlook in WFM required the April low of $81.39 to hold. The trend was clearly up from 2009 into 2013. From an Elliott Wave perspective we knew that this was a countertrend move with an A-B-C structure (a corrective wave pattern within a larger trending market). We had the wind at our back and were not “picking a top.” We simply looked at the price evidence in support of a further rally.

Conversely, the following example in Reynolds America, Inc. did not work out.

On March 22, I anticipated a move to the downside in Reynolds American, Inc. as we had a five-wave decline and a subsequent advance that was a three-wave move. I was looking for a tradable selloff to the downside in wave (C) or wave (3):

Unlike the successful WFA example, I was not trading with the trend. Instead, I was looking for a “top.”

Yet I was able to prevent a losing trade from becoming a devastating trade because I could use the Elliott Wave Principle to “know where I was wrong.”

This bearish wave pattern was viable only as long as prices held below the February high of $45.17.

Once prices exceeded this critical resistance, I knew not to look to the downside – that my outlook was no longer viable:


Learn to Find Opportunities in the Markets You Follow with Jeffrey Kennedy’s 47-page eBook: How to Spot Trading Opportunities

Now’s your chance to discover a whole new way to analyze charts and spot high-confidence trade setups using technical analysis. For a limited time, you can download EWI’s 47-page How to Spot Trading Opportunities eBook for FREE! ($79 value).

Download Your FREE eBook Now >>

This article was syndicated by Elliott Wave International and was originally published under the headline The 2 Most Important Keys to Successful Trading. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

Russ Horn’s Forex Master Method Trading Course Is Now Live!

forex master method

Hi everyone.

I’ve got some news to relay. You remember how in a previous post I mentioned that Russ Horn is due to launch a forex trading course called Forex Master Method? Well, the launch day is upon us! In fact The Forex Master Method course is now live and available for purchase.

I checked out the sales page and the price seems pretty reasonable considering what you get. It is by no means another one of those $97 ClickBank products. It is more like $999, but price aside let’s hope the dictum “you get what you pay for” hold this time again. By the way you can also buy it for 2 payments of $650 if cashflow is a problem for you, but as you can see you end up paying more in total than if you were to buy it for the full price.

This product is sold via ClickBank so you have a full 60-day 100% money back guarantee. It works. Trust me I’ve returned tons of ClickBank products that ended up being  junk and I haven’t been denied once.

As I type this post there are a total of 312 copies left.

Those of you that get a copy please feel free to share your opinions regarding this course over here at the following forum thread:

http://www.forexrobotsforum.com/showthread.php?p=581

Best of luck to you all!

Cheers,

Alan

Bill Poulos’s Forex Profit Accelerator Group Coaching Program is being pulled from the market

Hi,

Alan here with a quick courtesy reminder…

At 11:59pm Eastern time TONIGHT, March 25th, Bill Poulos’s brand
new Forex Profit Accelerator Group Coaching Program is being
pulled from the market.

That’s right – you only have 12 hours (or less) to get in on
this program.

And depending on when you read this message, it may already be
too late.

Check the live inventory counter here:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f99

All the details that you need can be found here:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f99

Good Trading,
Alan

p.s. If you see a “sold out” message when you get to that page,
please put your name on the waiting list. If the developer
decides to ever offer this course again, you may be among the
first to be contacted. However, it may be 4, 5, 6 months or more
before this happens.

http://www.smartforextraining.com/y/?i=773362&u=1&l=f99

Bill Poulos’s Forex Profit Accelerator Group Coaching Program – Questions Answered

Since alerting you to the opening of Bill Poulos’s Forex Profit
Accelerator Group Coaching Program on Monday, I’ve received
emails requesting more info on it.

Well, I just got something better.

It’s a 8 minute, 55 second video preview of an actual live group
coaching session held just last week for one of Bill’s other
coaching classes so you can see what his actual students see.

Check it out here:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f92

(please allow the page a few seconds to load & then press the
play button)

You’ll get a taste of what’s in store for you when you join Bill
as a student of his new program before the doors close next
Tuesday, March 16th, at 11:59pm Eastern (New York time).

Good Trading!

p.s. It looks like Bill’s member’s website preview is still
open, too, where you can pick up some extra complimentary bonus
video training, and also get access to his “Pip Feeder” service.
I anticipate he’ll pull this offline to coincide with the
closing of his program next Tuesday, so make sure you check it
out here:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f93

Your username is: readyto
Your password is: enroll

I Found a Forex LIVE Trading Room that did 1,000 Pips in February

You probably already know that 90% of Forex Traders do NOT profit consistently, or even close to it.
And if you can’t profit consistently in Forex, what’s the point of throwing your money away over and over again?
So, most people therefore eventually do one of two things:

A) Spend thousands for a “professional” trader to show them how to trade properly and still be clueless in the end.

OR

B) Buy junk ebooks, robots, and signal programs that prove to be worthless over and over again!

Needless to say, these bogus services all turn out to be junk. But what about all of the so-called Forex “pros” out there? Well, not very many of them will actually trade in-front of you everyday in a live Webinar…

However, this guy I recently found, is the real deal…

Mr. Colin Atkins started trading Forex about 10 years ago, and is now one of those mysterious 5% of hugely successful traders unlike the other 95% of us.

What he’s done, is created a LIVE trading room where members may log-in 5-days a week, 3-sessions daily and can simply watch him trade (a few trades per session, nice and simple) and duplicate what you see him doing. It’s truly simple stupid.

www.forexliveclub.com

He averages around 60+ Pips a day (plus his long term trades he emails us) , and managed to do over 15,000 pips in the in these first 9 months of opening up the room!  Yes, I know… Insane.

So really, anyone who can simply watch this guy trade can duplicate his winning trades!
No more “signals” or “systems” that never work for any of us. This guy is going to be in the same trades with you, and talking to you live. It doesn’t matter what your Forex experience is, you can finally achieve what you’ve been trying to do…
Stop wasting your money on junk, or thinking that one day you’re going to magically win all your trades.
You’re never going to achieve the results you want. You need to trade with a true professional… Become a professional trader by Colin’s next live trading session and start trading successfully the way you’ve always wanted to…

The link to his site is:

www.forexliveclub.com

Good Trading!

Your chance to be mentored in Forex by a 35+ year market veteran

It’s time.

Over the past week, trader Bill Poulos “spilled the beans” on
the top 4 problems his coaching students face with their Forex
trading…

-and then he showed 10,000+ regular folks just like you how to
solve those problems on a special “three-peat” online training
session.

As of this writing, 4,075 of those that attended his training
have already applied for more information on his brand new
“Forex Profit Accelerator Group Coaching Program”, which just
went live today…

-but the sobering reality is that there’s no way Bill can take
on that many new students, so if you have ANY interest in
finally becoming an Independent Master Forex Trader, you need to
move quickly.

——————————-
YES, 20 MINUTES OR LESS A NIGHT
——————————-

I’ve seen a LOT of Forex educational programs online, and here’s
what stands out about what Bill’s doing with this time-limited
program:

1. He has a totally unique twist on Forex trading that he
specifically designed for BUSY PEOPLE. Essentially, he shows you
how to treat the 24-hour Forex markets as “end of day”
markets… so you make all your trading decisions for the day in
20 minutes or less…

2. He’s giving you most of the benefits of 1-on-1 coaching
(which can cost $15,000… $20,000… or MORE) at a FRACTION of
that investment…

3. PLUS… he’s throwing in his time-tested Forex Profit
Accelerator home study course if you’re able to get into his
group coaching program before it closes…

All-in-all, it’s one of the most generous, solid Forex training
programs I’ve ever seen.

So if you want to:

* Quadruple your profit potential…

* Start with a $500 trading account…

* Trade in 20 minutes or less…

* Enjoy high-probability, lower-risk trades…

* Never have to suffer huge losses…

* and finally become an Independent Master Forex Trader…

…then check out the open enrollment letter Bill put together
for you:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f91

If you think 2010 is YOUR YEAR for finally mastering Forex,
I hope you get into this program in time before it closes.

Good Trading!

p.s. I’ve seen this developer’s trading programs disappear in a
matter of days in the past, and it’s a near certainty it will
happen again… so IF YOU VALUE YOUR TIME, I really urge you to
check out his letter here, and then ask yourself how what he has
to say stacks up against how YOU currently trade:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f91