For the most part when I send an email to you I try and keep it short and to the point. The content is usually nothing more than my take on what is going on in the markets and what I will be trading the next day. Once a month I open the doors and allow a few traders into the live trade room to actually trade live with me and use the same signal I use to trade my managed account with. I always get a lot of questions so today I want to share the videos to a couple of the release we watched this month that will answer the two most important questions. Question #1. Does this method keep you out of the market during news releases that create a whipsaw effect? Question #2. Will this method get you into the trade when the release is safe to trade?
The first video is demonstrating one of the most overlooked concepts to trading however it is what separates Professional Forex Traders from the Rest of the bunch. This concept is having the Patience and foresight to pass on a trade when there isn’t a trade. Most traders end up trading just to be trading and never develop consistent profits. This first video is the US Durable goods which we were looking for 1.5% deviation on. The release came out with only .2% deviation and the market spiked down for a few seconds and came right back to within 5 pips of the open of the candle. This would have been devastating if a person was using entry orders or just trying to jump on in the direction of the trade. My method would have kept you out of the trade. The videos may take a few seconds to load. www.forexmastermaker.com/vid/usdurablegoods8206.swf
This next video portrays the kind of trade everyone loves to see; its the money trade so to speak. We were watching the uk retail sales and wanted at least .5% in deviation to trade as a safe trade. The market hit our trigger with -.5% in deviation which triggered a sell; we also had confirmation from its sister release. This trade actually ended up dropping over 150 pips through the day however it was up to the trader to capture that. When I closed the chat the market had already moved over 30 pips and I had suggested to those that were able to lock in profit to stay in. To see the video www.forexmastermaker.com/vid/ukretailsales81706.swf .
If you would like to take part in my live trade calls you can sign up for the special offer I will be sending out tomorrow evening using this link. www.forexmastermaker.com/callsignup.htm.
P. S. All traders that subscribe this month or prior will be grandfather in receiving the discounted rate. This is the last group that will receive the discounted rates after the initial signup.
