Please read this whole page if you are serious about trading Forex…it will take 5 minutes to read and could save you a lot of money.
Who do you trust in the Forex marketplace?
How many indicators have you read about that suggest that you can make easy money trading Forex?
How many Forex trading systems have you seen advertised that promise the earth?
Most importantly….of all the things you have read about….how many of them have shown you REAL PROOF that they work….long term….not just over a handful of trades…over a period of months and years?
My guess is that the answer to that last question is a big fat ZERO.
Would you like to hear about a system that has ABSOLUTE PROOF that it works…and works long term?
If so, you are in the right place.
I demonstrate my Forex trading system 5 hours a week placing trades LIVE in front of my subscribers. Not only that…and this is the big difference…
I RECORD EVERY TRADE THAT I DEMONSTRATE AND SEND MY SUBSCRIBERS THE VIDEO RECORDING OF EVERY TRADE.
I could easily open up a few trading accounts and show a trading statement of the best one. For all you know I might have three, five or even ten losing accounts and only one winning account…and if I just show you the winning account you might believe that my Forex Trading System works. So I choose not to PROVE my trading system in that way.
I decided two years ago to RECORD ALL of my trades LIVE. That way there is absolutely nowhere for me to hide.
ALL my Forex Trading rooms are at pre-arranged times during the week. All my subscribers know exactly when they are going to be because every Sunday I tell them what times the trading rooms are taking place in the following week. So I cannot video record trades that are not at these pre-arranged times…meaning that every recorded trade is placed LIVE in front of my subscribers. I simply cannot fake my results.
The Video Recordings
When I demonstrate my Forex Trading system. I record EVERYTHING. I don’t just record the best bits. I record the whole trading room.
ALL my subscribers get sent the video recordings each week. Many of my subscribers attend the trading rooms LIVE. However, since most of my subscribers have a day job they choose to wait for me to send them the recorded video and watch it at their leisure.
I also have a spreadsheet where I record every trade that I demonstrate and send this out to my subscribers each month…that way they can pick and choose which videos to watch.
I NOW HAVE OVER 200 RECORDED VIDEOS.
Each video is between 90 and 180 minutes long. In each video I talk through my trading system and systematically demonstrate trades. So I now have over 400 hours of LIVE recorded evidence of my trading system.
Where else in the world will you find that?
Have you EVER seen anybody PROVE their Forex trading system in this way? To my knowledge I am the only person who does this, and I am extremely proud of the results.
Some Bad News
Now…I have some bad news for you…
Did you now that 90% of Retail traders worldwide lose their money? Not many people are aware of this and it is a startling fact.
If you want proof of this then go to YouTube…go there after you have finished visiting my web site….not now….I have some more important stuff to tell you!!…… so read the rest of this page first…..and then watch this Episode called
Traders: Millions By The Minute
Simply enter those words into YouTube and you will find it.
It is a fascinating look at the world of retail trading, especially Forex trading, and in the episode you will hear the 90% statistic. The episode was made by the BBC in the UK so is a very trusted source of information. Episode 1 is also worth watching but episode 2 has more information about Forex trading in it.
So…now that we have established that your chances of being consistently profitable are about 1 in 10…don’t you think it is important that any Forex trading system that you consider is PROVEN to work?
Please, don’t fall for all the hype in this industry. If I believed 99% of the e mails that I used to get then I would be a millionaire already. Far too many people are simply after your money. They don’t have a proven system. However, they do have very slick sales pitches and I was one of the millions of traders that fell for those sales messages. However, that was many years ago.
I have been trading for over 10 years. More than 6 of those years were terrible. I lost money every year. It was only when I went back to basics and started to learn how to read the Forex candle patterns and understand currency strength and weakness that I started to become CONSISTENTLY profitable.
So now, with the help of some indicators, but primarily with a skill I have learned, I can read the charts and make consistent profits, as is PROVEN by my track record which, as I say, is recorded on video.
More Bad News…… Forex Indicators
Let me say one thing about indictors….
NO indicator will ever make you money. NO combination of indicators will ever make you money. There is NO automated system that makes money. There is NO program or algorithm or piece of sophisticated software that makes money…
How do I know that?…well I do for two reasons:
- My own experience using all kinds of indicators…including my own indicators
- If there was any algorithm, program or set of indicators or ‘’robots’’ that made consistent profits…why would the big banks pay human traders millions of dollars in bonuses? Wouldn’t they use the sophisticated trading robots and programs to make their profit and save the millions of dollar bonuses? Of course they would. They employ human traders because NO such thing as a program or indicator exists that makes money on autopilot and outperforms human traders.
The bottom line is that the big institutions employ human beings to trade, and pay them a fortune, because human beings run the market and it is the opinions of human beings that ultimately dictate whether an instrument goes up in price or down in price. That applies to Stocks, Commodities, Forex, Futures….or anything else that is traded.
So…..as long as this remains the case we will never have a computer program that can make us money by simply following a buy/sell algorithm.
It doesn’t matter how sexy the software looks, or how impressive the demonstrations are, unless you can get absolute PROOF that what you are looking at makes consistent profits, then you should NEVER believe in it and you should NEVER pay a single dollar for it….that is not just my opinion…I say that based on years of personal experience and the experience of many traders that I know.
My Forex Indicators and ‘’The Last 20%’’
Yes…I do use indicators. I use some of the free ones you can get on MT4 and I use some that I have created myself….and although I would find it very difficult to trade without them I can tell you that none of them, either in isolation, or in combination, make me money. However they do help to reduce the amount of time I spend looking at charts. I estimate that they save me 1 to 2 hours per day.
So….yes…you will see me promoting my indicators on this web site, and I do so because I am very proud of them. However you will NEVER hear me suggesting that they will make you money used on their own or in combination….that’s because they won’t!
My indicators will save you a lot of time, however….and this is a big however….they will not tell you how to deal with something that I call the ”last 20%’’. The last 20% takes place in the third step of my Three Step Forex Trading System
The three steps are as follows:
1. Assess overall currency strength and weakness.
I do this with the help of my Currency Strength Meter Apollo. I encourage you to use a currency strength meter. Trading Strength versus Weakness, is, in my opinion, the BEST way to trade the Forex market…I have no doubt about that. So I believe that you MUST have some kind of tool that quickly, at a glance, tells you which currency pairs are the strongest and which are the weakest…across all time frames. Without a feel for which currencies are dominating the ‘’momentum’’ race you will struggle to make consistent profits.
There are some free currency strength meters that you can find if you search the internet.
2. Choose the best trading ”Candidates”
Once I have completed step 1…which takes about 10 minutes, I then look for what I call my ‘’Candidates’’. Candidates are those currency pair charts which show specific candle patterns. These are the patterns that I trade. If you have read any books about candle patterns you will know that there are hundreds of them….so many patterns that if you looked for them all you would spend all day, every day, confused about which is the best pattern to trade. Over the last 10 years I have established that there are three candle patterns that are relatively reliable. So I just focus on them and quickly establish which charts are showing me these patterns.
I then use my indicators to tell me which of the patterns are the best candidates. So I combine my knowledge of currency strength and weakness from step 1, with some help from the indicators in step 2, to effectively ‘’narrow down’’ the candidates. I then have a handful of currency pairs to consider trading. These are what I call the ‘’best candidates’’ to trade.
So what used to take me hours now takes 15 or so minutes.
That is how indicators help me. They save me time….HOWEVER…they do not help me with the most difficult step….which is next.
3. Pick the trades ( the last 20%)
Step three is the hard part. This is where I have to pick which of the best candidates to trade. This step cannot be ‘’purchased’’. You cannot get any indicators or software that makes this step any easier. This is where the ‘’skill’’ comes in. As you will know, any skill takes a long time to master, and that is the case with step 3. I call it the last 20% as it reminds me of the last part of a race…..in the last 20% of a race the winning position changes constantly, and it is the competitor that has prepared the best and trained and practiced the most that usually wins.
I find that every day this last 20% is difficult. Even after years of trading I find step 3 difficult.
So if I find Forex trading difficult, and the other consistently profitable traders I know all do too, then please be assured that trading Forex is not easy for anybody and it is not for the faint hearted. It also takes a very long time to become good at it.
Don’t be trigger happy
On average 1 in 3 of my visits to my computers result in NO trade. I ONLY trade when all the conditions for a trade are met. I believe that one of the primary reasons that 90% of retail traders fail is because they are too ‘’trigger happy’’. They do not do enough analysis. They focus on too few currency pairs, and they take too many trades….because they like trading…because they want to trade. That is our instinct. If you are like me you will enjoy looking at charts. I don’t know why I enjoy looking at charts, but I do, and my instinct is to trade. So when I started trading I found myself placing a trade at every visit to my computer. This tendency to ”over trade” was a problem for me when I first started trading, and I see this problem manifest itself mainly with ”new ” traders. However, as I spent more time( and money) on studying trading I then ”flipped” over to the opposite end of the trading spectrum and had a problem with what I call ”under trading”.
Don’t under trade
The opposite of being trigger happy and ”over trading” is when a trader becomes paralyzed by analysis….often referred to as ”analysis paralysis”. This is just as big a problem as being trigger happy and over trading. I studied Physics at University as a young man and ever since then I have had a tendency to look at ”too much” detail because my brain is trained to look at things from ”every angle”. This tendency to look at lots of detail is a curse for traders, and it held me back for many years. I have found that as a trader you have to ”let go” of this urge to get ”everything lined up”…in search of the ”perfect trade”. The bottom line is that the perfect trade doesn’t exist, and once I learned to ”let go” of this instinct to be ”correct”, my results improved dramatically.
Finding a Balance
In my trading rooms I talk about finding a balance between ”over trading” and ”under trading”. It is a difficult balance to achieve and can take some people years. Based on the feedback I get from my subscribers I have no doubt that finding this balance is one of the top priorities for a Forex trader. Some of my subscribers send me their trading results and I can see the difference between the ”over traders”, the ”under traders” and those that find the ”balance”. One of my main goals with my trading rooms is to help my subscribers find this balance and I find that teaching the Three Step System achieves this.
Forex Trading is hard work
Steps 1 and 2 of my trading system are fairly easily learned and I can show you how to become competent in those two steps in about a month. However, step 3, the ”last 20%”.… takes months to master. Learning to become one of the 10% of retail traders that actually make consistent profits is hard work. It makes sense that it is hard work…if it was easy a lot more than 10% would be making money.
Interestingly enough I am finding that new traders get to profit more quickly than experienced ones. I suspect that this is because new traders hear my message about finding that ”balance” from day one in my trading rooms they avoid that tendency to ”over trade” that is a curse for most new traders. In contrast experienced traders that come to my trading rooms can take a long time to ”let go” of their instinct to get the ”perfect trade set up”.
The 10% Club
Whether you are new or experienced trader let me reassure you of something…it is possible to become one of the 10% of retail traders that make consistent profits. I refer to the minority of profitable traders as ”The 10% Club” and my mission with this trading room service is to get as many of subscribers as I can into this 10% club. To date lots of my subscribers have achieved this….but they ALL had to put in some hard work, and many hours of practice before they realized that dream. Here is an e mail I got on 4th April 2015 from one of my subscribers called Claudio from Italy explaining how he manged to do this:
after 5 months of subscription I have unsubscribed the trading room service, as now I’m in the 10% club.
I would like to thank you because I learnt a lot : first of all discipline and patience, then consistency and finally a way of trading, not just simple rules, but principles. That is how to trade among crocodiles in the river. After 4 months of demo trading (more than 100 trades) and a 7% per month I’m really happy to have become profitable on a regular basis. Never trust indicators alone, but use your brain to assess what the indicators say, as you say in every trading room. The only simple but powerful indicator I trust is support and resistance. Thanks, because what you teach can work for every discretionary trading system, not only for your own system.”
Claudio has taken my system and combined it with his own and is now consistently profitable. He mentions that he only trusts ”support and resistance” in his e mail. I agree with him. Of all the things I teach, mastering the art of spotting the CORRECT support and resistance price points is without a doubt the most important. If you can master this element of trading you will be well on your way to making it into the 10% Club.
Mastering the art of trading using the correct support and resistance price points is the most critical element of what I call ”chart reading”. So when you hear me talk about ”reading the charts” this is what I cm referring to.
Become and expert Forex chart reader
In my humble opinion if you want to become a consistently profitable Forex trader you ONLY have one choice. You have to become a skilled Forex chart reader. I know a few people that trade for a living. None of them use sexy software. None of them use ‘’robots’’. Yes….they all use indicators, but they all base their trading decisions on an understanding of the charts…a PERSONAL understanding of the charts.
How can you become an expert chart reader?
The answer is that you have to spend a certain amount of time each week ”getting to now” the currencies and getting a feel for three things:
1. The”momentum landscape”. A currency strength meter will help you with this, but you also need to have an ADDITIONAL PERSONAL FEEL and understanding for where the currencies are heading. I teach you how to do this in my trading rooms. It is not easy, and can seem daunting to my new subscribers….however, the ”fog” eventually clears, and you will get a ”Eureka” moment when things start to click and you suddenly get a personal understanding of currency momentum. You will become so good at this that you will know which ”signals” that your currency strength meter is giving you are VALID..and which are not.
This is why a currency strength meter on its own will NOT work for you.
You need to be able to use your own personal interpretation of currency momentum to filter out the good signals from the bad ones that your currency strength meter gives you.
2. Once you get to a point where you have a good understanding of currency momentum, you then need to become an expert at quickly spotting candle patterns. This is fairly straight forward as I only look for three types of candle pattern. So this ”skill” is relatively easy to acquire.
3. The hard part…and this is the skill that takes some time to master…is being able to filter out the best ”signals” so that you trade the charts that give you the best mathematical probability of success. This element of chart reading requires a thorough understanding of:
a) Support and Resistance and which price points are the most significant because…..not all support and resistance price points are the same….and some of the most significant price points are not that easy to spot….I show you how to spot them in my trading rooms.
b) How one currency chart can have a massive impact on another…this is quite tough to master but over time it will become second nature to you. I talk about this in every trading room.
c) How to ”time” your trade entry to give the best probability of success. Some trade candidates look great, but hidden beneath the chart is a warning that it is not yet the right time to buy/sell. I also cover this in every trading room as it critical to trading success.
These elements make up the ”last 20%” and are the hardest part of the learning process.
So if you really want to become a consistently profitable trader then I recommend that you make it your goal to become an expert at reading chart patterns and gauging currency strength and weakness.
It is a LONG journey
I have not met a single trader that has learned how to become consistently profitable trading Forex in less than 3 to 6 months. It takes that amount of time to learn the skill.
Most traders do NOT do this. Most traders will try out a system for a month or two before moving to another one….I did that for many years AND IT GOT ME NOWHERE.
I BELIEVE THIS IS WHY ONLY 10% OF RETAIL TRADERS MAKE MONEY AND 90% LOSE MONEY.
I now realize that I did two things wrong over a 6 year period of making no money….
1. I actually thought that I could make money with software/indicators…so I didn’t bother becoming an expert chart reader in my own right…I was leaving my fate in the hands of software and indicators.
2. I didn’t give any system that I tried enough time.
Even if you never subscribe to m trading room service then if I can teach you one thing from this website then it is to learn from my past mistakes and do the following:
Choose a trading system, learn to read the charts…and then STICK WITH THE SYSTEM FOR A SUSTAINED PERIOD OF TIME….HAVE PATIENCE.
My FREE Forex Trading Rooms
I run my once monthly FREE Forex Trading Rooms so that you can see for yourself how I trade.
The free trading room serves two purposes:
- You get to see my trading system
- I get to explain in more detail what is involved so that if you subscribe you know that it is the right thing for you
So, if you are curious to know more about what I do then register for the next FREE Forex Trading Room and you can find out more.
My Subscriber Trading Room Times
I run two Forex Trading Rooms per week. They both last approximately 2 1/2 hours. The schedule varies. I try to time them to coincide with Economic News releases so that we get some volatility and a greater number of trading opportunities due to the formation of the CORRECT candle patterns and chart ”formations” which tend to occur more after News than at other times.
So each weekend I send my subscribers a link with the days and times of the trading rooms. I vary times also to suit subscribers wherever they live. So I will do some early morning trading rooms for subscribers that live in the far east or Australasia, and I conduct afternoon trading rooms so that people from the West Coast of the USA can also join.
However…please note that over 90% of my subscribers have a regular day job so they cannot attend. That is why ALL my trading rooms are recorded and the recorded video link is sent to all my subscribers within 24-48 hours.
That way my subscribers can watch the trading rooms at their leisure and pause/rewind the videos to make notes or hear something a second time.
So if you are concerned about being there LIVE with me…don’t be. I have been running these trading rooms for over two years and the testimonials you can read on my website are mainly from people that have not attended any of the trading rooms LIVE.
You can learn my system just as thoroughly watching the videos as you can being there.
That said, if you can make it live that’s great. About 10% of my subscribers are regular attendees. I see the same names every week, and its great because they ask some fantastic questions.
The subscriber prices and subscription Buttons are at the bottom of this page. I use PayPal but you do not need to have a PayPal account to join. You can use a credit card and still process it through the PayPal system
My Forex Indicators
As I write this it is 6th May 2015. By mid to late May I will have a page on my web site dedicated to explaining (with videos) ALL the indicators I use in my system. They will all be available t purchase.
Here is a brief description of each of them.
1. MB Horizontal Support and Resistance Indicator (Price: Non subscriber = $197 Subscriber = $97)
Please note that this is the single most important indicator that I use. It is MORE IMPORTANT even than a Currency strength Meter. Of all the feedback I get from my subscribers the most positive feedback, by a mile, is about this indicator and how it has literally transformed the way my subscribers look at Forex charts.
This indicator shows me the most important price points to watch out for. At these price points I look for breakouts….or ‘’rebounds’’. If I get a particular candle pattern at these price points I am interested and it gives me a mathematical edge when I trade. I cannot trade without it. Please watch any of my Newsletter videos and you will see why this indicator is so important. Shortly there will be a video dedicated to explaining this indicator.
2. MB Fractal Extender (Price: Non subscriber = $47 Subscriber = $27 )
May times with Forex charts it is difficult to ‘’ see the wood for the trees’’ because there is so much going on due to the volatility of the market. The price areas that I find are the most important are those where Fractals have formed. A fractal is a significant price swing and you can see them all by simply adding the free MT4 indicator called Bill Williams fractals. This will show you the most significant price swings. A significant price swing is an area of support or resistance and you need to know where they are if you want to become a consistently profitable Forex trader. If you do not take heed of these price points you will find the market reversing and stopping you out more often than not. So, to make ita lot easier to see these price areas I use two indicators together.
I have the Fractal Extender which shows a thin line extending from all of Bill Williams fractals.
This indicator used together with my support and resistance indicator gives me a much better ‘’feel’’ for the ebb and flow of price and I am much more confident placing trades when I can see the historical swings.
3. MB Power Break Forex Indicator ( Price: Non subscriber = $97 Subscriber = $47 )
My main Forex trading strategy…the one I rely on the most for my profit, is based on the principle that all Forex currency pairs create strong horizontal support and resistance price points, which I call the horizontal support and resistance lines. I often refer to them as ‘’S&R lines’’( support & resistance lines.) That’s what the Support and Resistance indicator is that I describe above…it paints lines where the most recent strong S&R lines are.
Now….when those lines are convincingly ‘’broken’’…in other words, when the currency pair blasts through them , and importantly, when the candles ‘’close’’ convincingly through the S&R lines, this signals a very significant move in the currency pair. When this happens I am on alert. I then wait to see how the currency pair react after the initial ‘’break’’ of the S&R lines. If the ‘’break’’ is significant I call it a Power Break, and this type of price move is my favourite as it signals MOMENTUM. I love to trade with momentum. So, this indicator looks at all 28 pairs in all time frames and paints arrows when any of them produce a Power Break.
The Power Break is not a buy/sell signal Hopefully if you have read all of this page you will know that I do not use any indicator to make a buy/sell decision. However, the Power Break creates a potential buy/sell candidate. So when a Power Break occurs the currency pair concerned goes on my watch list.
The Power Break Indicator is not available ( to my knowledge) anywhere else. Like my other indicators it is a big time saver because it saves me trawling through charts to find the best ‘’momentum’’ moves.
4. MB Power Swing Indicator ( Price: Non subscriber = $47 Subscriber = $27 )
I have mentioned price ”swings” above. Price ”swings” are important areas to focus on as a Forex trader. Whilst all price swings can be significant, there is one particular type of ”swing” that is particularly important. I happens when a specific candle pattern is formed. It doesn’t happen very often, but when it does, I need to know. I call these patterns ”power swings” and this indicator highlights them for me.
Let me be clear here…none of the indicators will make you profitable….but they will save you a lot of time and also stop you from entering trades that you should not take. More importantly they will help to ‘’narrow down’’ those currency pairs that are the best ‘’candidates’’ to trade.
5. MB Currency Bias Indicator (Price: Non subscriber = $197 Subscriber = $97)
You can learn all about this indicator on the Currency Bias Indicator page.
6. MB Don’t Buy Don’t Sell Indicator ( Price: Non subscriber = $97 Subscriber = $47 )
You can learn all about this indicator on the Don’t Buy Don’t Sell page.
All 6 Forex Indicators Bundle
All 6 Indicators cost $632 for a Non Subscriber. Non subscribers can get all 6 Indicators in a Bundle price of $364
All 6 Indicators cost $342 for a Subscriber. Subscribers can get all 6 Indicators in a Bundle price of $197
Videos explaining the indicators and PayPal Buttons to place orders for all the indicators, including the bundles, will be here soon…so come back in a few days.
Apollo Currency Strength Meter
All details and pricing for my Apollo Currency Strength Meter can be found on the Apollo page here
As I said before, Forex trading is not for the faint-hearted. It is very difficult. It WILL NOT make you rich and you WILL NOT be able to quit your job in a few months.
My last word is this:
Please don’t fall for the hype in the Forex industry…..and PLEASE PLEASE PLEASE….ask for absolute PROOF that any system works before you spend a single dime.
Thanks for reading and I hope to see you soon
If you have been here before and you know enough about me and my system and are ready to subscribe now then here are the trading room prices…..you will not find any Forex Trading Rooms lower priced on the internet.
Live Forex Trading Room Subscription Options
Please note that although I use PayPal to take subscriptions you can also subscribe with a credit or debit card through PayPal.
So if you have a PayPal account you can use that, or you can go through the PayPal checkout and use your credit or debit card.
1. A 1 month subscription so that you can simply try the trading room out for a month to see if it is for you.
One month subscription button below: You are not tied in and can cancel at any time.
Once you check out of PayPal you will be redirected to a page where I will explain what happens next.
2. A 3 month subscription with a 25% discount
Three month subscription button below with a 25% discount. You are tied in for three months and can then can cancel or continue at the same rate.
Once you check out of PayPal you will be redirected to a page where I will explain what happens next.
3. A 6 month subscription with a 40% discount
Six Month subscription button below with 40% discount. You are tied in for six months and can then cancel or continue at the same rate.
Once you check out of PayPal you will be redirected to a page where I will explain what happens next.
My trading rooms are for educational and demonstration purposes only. They are not for people who want to ”copy” live trades. If that’s what you are looking for, please DO NOT subscribe. The sole intention of the trading rooms is to teach you how to ”read” the charts so that you can become an independently successful Forex trader, not reliant on anybody else, including me. I do not work for any company. I am just a guy who trades from home for a couple of hours a day. I am neither licensed nor registered to give you trading or investing advice. I am a chart reading educator. If you want to learn how to read the charts, SUBSCRIBE NOW, but if you believe the trading rooms are anything other than educational, please do not subscribe. The LAST thing I want to do is give the impression that many do in the Forex industry . I am not selling you the dream. Chart reading is hard work.If you are prepared for that, then my training is the right thing for you.
Here is the CFTC rule that I have to show by law:
CFTC Rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under or over compensated for the impact, if any, of certain market factors, such as lack of liquidity. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.