The forex mentors I found were, Trader NM, he wants to remain anonymous, then all the guys in the fx 500 club, Dan Armitage, James Boord, Zak Lloyd, Anders baard Larsen and Hemel pandya. All of those forex mentors taught me everything I needed to become a successful forex trader.

Gold is always on my watch list and all I had to do was wait for a good PASR (price action at support and resistance) to occur. The green SR lines were on my chart just waiting for a decent entry. What a beautiful looking chart. Look at the second image with candles removed and just the line chart and 4 moving averages. I am even considering just trading the line charts with no bars or candles.

line chart below

This mornings cheeky little trade was eur/gbp using the 15 minute chart for the trend entry. A quick 30 pips to first resistance.

The only live trade I am in now is a EUR/CAD long from 1.3780 stoploss 1.3765 target 1.440

The sun is out, dog walkies time.

Click here for a free weeks trial in Anders Larsens live Trading room

I also learned how to trade forex and would wholeheartedly recommend the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions

Managed forex accounts with no fees  Zulutrade

I have now managed to find a few Zulutrader signal providers that are trading for me profitably, sign up for a demo account using my link above then contact me at info @ forex-experts.co.uk so that I can verify your email, I will then contact you with the traders details.

Strats free guide to Stress Free Trading the very best free place to learn to trade forex

Strat will teach you how to trade candlestick patterns at support and resistance, STEVE NISON also has some brilliant products that will help you become a protitable home day trader.

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I have found a new indicator online and it has transfomed how I see support and resistance. It is based on fibonacci levels taken from the highs and lows of the previous days candles. What is incredible to me though is how the price respects those levels almost as if you had drawn the levels by hand after the price goes there. Take a look at this usd/jpy trade I took using them yesterday. I traded the 15 minute chart using the 60 minute and hourly charts to confirm the direction of the price.

15 minute chart below, please note the blue lines are fibonacci levels put on the chart BEFORE the price had reacted to them.

60 minute confirmation chart below

four hour confirmation chart below

As you will see from my previous posts I never stop learning, I trade using numerous different methods and indicators but a few things never change.

I always use trend analysis, I must always have the stepping trend of a low, a high, a higher low and a higher high, the opposite for a sell trade. I always trade with the direction of the price on two higher timeframes. So if I see a trading opportunity on the 15 minute timeframe, I use the hourly and four hourly to confirm the direction of the price.

Look at the 15 minute chart again. The first indication I have for a potential trade is the 20 ema crossing the 50 sma (the blue arrow), then I have to wait for the trend to build, I have marked the series of highs and lows. I want the price to trend through the intraday pivot and clearly close above that level. I must also close above that pivot on the higher timeframe, in this case the hourly chart.

I also must see the yellow line below the price acting as support on both the hourly and four hourly charts, the white line must also be above the yellow on both the hourly and 4 hourly charts as well. If these conditions are not met then the trade is out of alignment and is discounted, move on and look for another setup.

I only found this free fibonacci tool 36 hours ago but I am incredibly excited by it. I have spent the last few years learning how to draw support and resistance levels manually. I trade profitably using my old method but this fibonacci indicator instantly helped me see a trend forming more clearly, it may just be the grid effect but I like it all the same.

Have a look at the same 15 minute chart with everything but the fibs removed.

The key here is the trend analysis, the series of highs and lows. Once you have a trend in place then you could use pure price action at those fibonacci levels along with candlestick analysis to take the trade. Look at the candles for confirmed bullish signals on the two higher timeframes. You can trade these fibonacci levels without all the indicators and moving averages (ma’s).

Add a few static trendlines for possible areas of support and resistace, resistance levels are your profit targets. Look at the h4 and then 15 minute charts after I add a few trendlines.

15 minute chart below

in order to clarify what I mean about using the h1 and h4 timeframes to make sure we are trading with all three timeframes aligned I have created two charts for a trade that looked to be setting up for a perfect long entry. By looking at the H4 chart we can easily see the white was below the yellow and the price was also below the yellow. It was therefore acting as resistance above the price and not support. Compare the two h4 charts for the successful usd/jpy trade against this failed nzd/usd trade.

H4 example of non-alignment below

and the example of a correctly aligned h4 chart from my usd/jpy trade

Practice makes perfect as they say, you need to learn everything you can about trend analysis, then learn how to draw support and resistance lines manually. Fibonacci levels are important as well because the whole financial markets use them. Moving averages are important for the same reasons. The 20, 50, 100, 200 and 365 are probably the most widely used moving averages. It is important to remember the whole world sees the charts at exactly the same time, the levels may be interpreted differently, but as traders we need to be trading with the big boys not against them.

I personally learned how to trade across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions

Managed forex accounts with no fees  Zulutrade

Finally I have found a Zulutrade signal provider that makes consistent profits.

•  
• 5.5% – 12% profits per month (based on last years performance)
• that’s equal to 63% to 120% profit per year (compounded)
• Minimal drawdown (about 20 pips per trade)
• 95% winning trades
• only 1% risk to capital per trade
• I have done all the hard work
• Read on to see how you can benefit for FREE
• No commission fees or charges It’s totally Free!!

I was so impressed with the way this zulutrade signal provider trades that I started trading my own LIVE FUNDS, REAL MONEY halfway through this demo accounts testing period.

I have not done all this hard work for nothing though, in order to get the details of this zulutrade signals provider for FREE you will need to signup to zulutrade using my link here When you have signed up to zulutrade via my link please contact me by email at ” info @ forex-experts.co.uk ” supplying the email address details that you
used when joining zulutrade, I will need this to verify that you signed up using my zulutrade link.

Once you are verified I will send you details of this profitable zulutrade signal provider along with the settings I use in order to trade in the safest possible way.

signup to zulutrade using my link here then contact me giving me your details. I will then contact you to let you know who to trade with and what settings I use. info @ forex-experts.co.uk

This week is NFP (american non farm payrolls ) week and as such is always difficult to trade safely on the medium to longer term timeframes. Part of Dan Armitages teaching in the www.fx500club.com has been to watch for levels where the price reverses and acts as support and resistance. I could see this on this gbp/jpy chart and took a few cheeky trades.

Have a look at the chart below.

As you can see the price is moving between 161 and 162, a nice 100 pip range on the 5 minute chart. The safe trade was the one I took marked by the vertical red line and the number 1.  My secret weapon oscillator at the bottom was below zero and green signaling a long play would be good, the price had broken through the daily pivot and was testing it as support, the moving averages were bunched up and once the heiken ashi candles changed from red to green I was happy to go long at 161.30 with my stoploss 30 pips away at 161, target 161.90.

I will consider another long entry if the price pulls back to the 161 area again and all my indicators look setup correctly, if not a clear break of 161.50 would tempt me into a long trade as that would signal a continuation of the upward trend on the hourly charts.

I have traded like this every day this week and managed to bank a minimum of 30 full pips every morning during the London Open. I love it because it gives me the rest of the day to watch and learn more about price action without the stress of having to find a trade worth taking.

The best and most predictable / safe moves nearly always take place at each of the market opening times, the three main ones to watch are the Asian open at around midnight gmt, the american open at 13.00 ish and the European and London Opens at 7am ish gmt.

So here I am again it’s 7.30 am I started work at 5.30 am and now I have made my pips and the rest of the day is my own. Have a great day folks and do yourself a favour and go checkout the www.fx500club.com I think they have extended their 1 day free trial to a whole week now, how cool is that.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions

Managed forex accounts with no fees  Zulutrade

Trading like this suits me in the summer because I can generally find a good trade setup within minutes of opening my charts. I love to use the 2b reversal setup and 123 reversal setup combined with everything I am learning in the fx500club, I find using the fx500club 123 and moving average crossover strategies along withe the cci indicators that they have taught me to use is working incredibly well and very profitable. Look at this cable trade I took on Friday.

All the moving averages were bunched up, we also had a descending trendline acting as resistance above the price  and an ascending trendline acting  support below the price, I just wanted the white 1 minute 5 ma to cross up through all the other moving averages and I would go long with my stop below the old low at 1.6480, I wnet long at 1.6486 giving me a 10 pip stoploss including the spread.

As you can see from the chart I was able to take profits and add back into this trade when the price retraced to the thin pale blue 1 minute 50 moving average. This trade was worth about 50 full pips, very good money management and a relatively stress free trade.

All for about an hours work. A pip could be worth 10p ,£10,000, or £100,000 so 50 pips profit could be £5 or £500, 000, or millions. I trade what my account can afford and what I feel comfortable with. But if you never risk more than 1% of your capital trading like this should never ever be stressful.

There were no currency trading videos from the www.fx500club.com this morning but we had plenty of potential trade setups ready to trade should all the indicators become aligned correctly.

Euro british pound is a slow moving pair but having studied all my 5 minute charts this was the one I liked the most. EUR/GBP tends to go in the opposite direction to cable so I would be using this move up on EURO against the pound to take a short entry on GBP/USD as well.

I prempted this trade a bit and entered just as the 20 moving average crossed up over the 50 moving average, but at the 0.8586 level it meant I could have a very tight stop loss just 6 pips away below the obvious support at 0.8580.  I was trading into the daily and monthly pivits but I am aware that those pivot points also act as levels to be tested. Once I had moved 15 pips into profit I banked 75% and moved my stoploss to 0.8590 giving me a free trade and hoping it would carry on up.

With eur/gbp going north I was looking for breakout trades on the other pound related pairs, I got 25 pips on a cable short trade, the same on a euro/usd short and 40 pips on gbp/jpy short. All these trades and a few others were also called in the www.fx500club.com Live Online Trading School.

The Forex Mentors in the www.fx500club.com do send us currency trading videos regularly by email but only when there are clear trading setups available and predominantly on the hourly charts.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

The chart image below shows where I took my trade, watch Zaks forex trade signals video for a detailed explanation of the trade setup.

Watch the video trade signal by clicking the link below, please allow a few seconds for it to load.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

He told us to consider going short at  1.3935 with a stoploss at 1.3975 and a first target of the 1.390 area, take some profit at that point and consider adding to the trade if it retraced to 1.3945. He did expect this trade to test the monthly pivot at 1.3825 over 110 pips away from our entry. There were a few other very good setups today that we could have taken. I personally traded the euro/ gbp short for 60 pips and also shorted Oil for 50 pips, all in all a very good days trading.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

I had winning trades in a number of currencies today, euro/gbp short for 60 pips, cad/jpy long for 55 pips, gbp/jpy long for 90 pips,  aud/usd short for 80 pips, aud/ cad long for 35 pips, and finally I just got back to my trading terminal and find an order I had for shorting cable kicked in for 70 pips profit and the short that James called in the www.fxmonkeyschool.com  on the uk100fut has just hit target for 85 pips profit.

60 + 55 + 90 + 80 + 35 + 70 + 85 = 475, not a bad days work , we were on fire today, thats the best days trading for a good while, and it is only half way through.

Here’s the explanation and chart for the uk100fut trade.

We were in the www.fxmonkeyschool.com for one of my lessons on longer term trading, for trading 1 hour, 4 hour, daily and weekly timeframes. James showed us this setup and suggested that if the price came up to 4500 we should consider shorting it. This was for a number of reason, it had tested that resistance level 6 times before, and also there was a gap that needed closing from the previous day.  If James give us a heads up like that we’d be mad not to throw a trade on, the stoploss was small, just 20 pips and the target at 4400 was 90 pips, a great risk reward. The trade went great, the rest is history. Thankyou James and the www.fx500club.com and www.fxmonkeyschool.com.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

James said we should watch for a break down through support at 1.6100 then wait for a retracement back to that 1.6100 level before taking a short trade. I entered at 1.6095 , James told us to put our stoploss at about 1.6120 and our first profit target should be at the weekly pivot at about 1.6050. Everything went to plan, what a great trade, thanks James.

Short sell cable trade for 45 pips profit

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room