Training and Education
Forex Trading Coaches
Wade Scott and Steve Cook are experienced Forex traders who have been Forex trading systems developers, Forex traders and Forex coaches for 6 years. They have developed the MACD 3 Forex Trading System which is simple, very effective and most likely not like anything you’ve ever experienced!
The Forex Trading System comprises of
• video training
• coaching
• webinars
Your first goal is to learn how to read charts from a technical analysis point of view. Clean, easy to read charts like those included in the MACD 3 Forex Charts Pro Enhancements are very important – keep it simple is always best.
As part of the Forex trading strategy, the MACD 3 Forex Trading System video course you will learn how to identify where price action is in the overall bigger picture trend. This allows you to have a good idea of where price has come from, where it is now and where it is most likely to go next.
From there you learn how to find your trend direction, a repeatable reversal pattern and momentum, which are all requirements to entering into a trade. Learn how to locate the best possible areas for entering a trade. All the trades come along with
• an exact entry time,
• a risk management plan
• a trade management plan.
All the necessary elements of executing a trade.
Invest your time into mastering these principles and utilizing the opportunity you have available by using this Forex trading strategy and you will start seeing positive improvements in your Forex trading before you know it
If you are dedicated and realize that Forex trading is a serious career that takes time and dedication you have a chance of making it as a Forex trader.
By taking the time to master the MACD 3 Forex Trading System principles and put them in action either in the Forex Tester 2, Forex trading simulator or in your Forex demo account, you will be heading in the right direction in no time.
You will learn
• how to execute step-by-step “Top Down Market Analysis” to locate major price levels of support and resistance
• How the “MACD 3 Forex Trading System” online video course shows you how the system integrates right into helping you locate these major price levels of support and resistance.
• How to make sure that you have “Momentum” as part of the “secret sauce” in every trade. One of the driving forces behind helping the trade go in your desired direction after entry.
• How to schedule a specific 2 to 4 hour hot time period for you to trade within the almost 24 hour forex market.
• How to set price alerts at pre-determined price levels so you don’t need to stare at your computer all day.
• How to minimize your losses, maximize your gains and let your profits run once you understand the exact set up conditions, entry rules, initial stop, and exit conditions for each trade
If you want to become a currency trader the first thing you should realize is this is a profession and like ALL worthwhile professions you should have proper training to lay a solid foundation for your career.
Psychology and Risk of Institutional Traders & Understanding Forex Institutional Deal Flow and Market Structure
Every trader wants to be successful, but success does not come easy.
Is there one secret every successful trader holds? The answer is Yes! Successful traders live from the inside out. They achieve long term success by developing the inner psyche, and that brings about external success. Successful traders are programmed on the inside, through a feedback mechanism, to respond to their environment wisely and with discernment. It is a statistical fact that developing and struggling traders are too focused on the external rewards and stimulus that drive random decisions, lack of focus and irrational action while racking up huge losses.
Forexmentor Psychology and Risk of Institutional Forex Traders Webinar
Chris Lori, will discuss the direct correlation between psychology and risk in the FX marketplace and the importance of developing and maintaining psychological prowess for long-term success. How to develop your trading model and your psychological profile in a controlled risk environment He will reveal one essential quality that every long-term successful trader holds. The Psychology segment of the webinar is critical. If you scoff at the important role psychology and risk play in your trading, you are assured a long and painful struggle. This webinar will help you to discover and optimize your unique qualities like that of process focused successful traders.
“If an unyielding psychological profile is required for professional traders; you are no different!”
Part two of the webinar will focus on price based market structure, micro and macro institutional deal flow and fractals as it relates to market psychology. Understanding market structure is critical to the foundation of any technical trading model, whether your model is based on systems, indicators, quant’s, patterns or price. Many traders do not understand movements in the market that interfere with their position objectives; it is the connection between price and market psychology. Chris will completely open your eyes to new ways you can use price movements to enhance your trading model. The revelations in this section will enable you to see beyond the indicators and candlesticks and deep into deal flow and the psychology of the market, critical for order entry and position management.
Chris: “There was a very bright and distinguished man named Ralph, at the Raleigh Workshop who continued to ask complex questions throughout the weekend. Ralph has been trading a FX Options as a sole profession for 25 years and was fascinated by the course content. At the end of the second day of the workshop he said to me; “So, it is your market structure and fractals that have been standing in the way of my objective levels all these years.” Ralph, Greg Crisp and I had dinner following the event.”
What you will learn at the webinar:
1. Psychology and Risk
In part 1, Chris will discuss the direct correlation between psychology and risk in the FX marketplace and reveal the one BEST KEPT TRADER SECRET that every long-term successful trader holds and teach you how to develop it. Chris will clearly construct real risk parameters used by fund managers. Risk parameters that should be used in portfolio’s and personal trading, as opposed to the leverage offered in super hype schemes and “regulated brokers.”
1. Chris’ Law’s for Trading Success
2. Your Unique Psychological Profile
3. Eight Intrinsic Risk Factors
4. Internalize Experience and Develop Processes
5. Psychology and Defining Your Risk Parameters
6. Trader Profiles – Which one are you?
7. Trading Pitfalls – What to avoid
2. Institutional FX
In part two of this webinar, Chris will cover market structure in detail. The connection between institutional order flow, price action, fractals and the psychology of the market. Understanding the relationships to price is critical to the success of any technical trader
1. The Bank Environment and Order Flow
2. Market Structure and Fractals
3. Using Fractals to Identify Entries and Manage Positions
Forexmentor Psychology and Risk of Institutional Forex Traders Webinar
ADVANCED FOREX TACTICS WEBINAR
Seldom Revealed “Behind-the-Scene Insight into Today’s Forex Trading Environment
with Chris Lori, CTA
This info-packed webinar already took place on Saturday, Oct 13, 2007, Chris delivered almost 6 hours (3 hours overtime!) worth of extremely valuable insider Forex information you simply won’t find anywhere else. If you are serious about your Forex trading business, this webinar is simply a MUST. The knowledge gained from this webinar will make you and save you tens of thousands of dollars.
Advanced Tactics For The Forex Trader
