Where will the EUR/USD be in the next ten months?
I couldn't care less. Neither should you...
From Trading Desk -
Quantum Globe Inc
Dear Forex Trader,
You are probably asking yourself how could a forex trader such as myself be so indifferent as to where would EUR/USD or
any other currency pair be ten months from now... EUR/USD may be 1.65 or it may be 1.25... USD/CAD can go as low as 0.85
or it can go as high as 1.40... The reason as to why am I so indifferent is that I will make money either way.
Let's have a look at the figure below.
The figure above is a daily candlestick chart for EUR/USD covering a six month period. As we can observe from the chart at the
beginning of April 2007, EUR/USD was trading at approximately 1.34 and by mid September 2007, it was trading at approximately 1.40.
It is close to a six percentage point change in as many months. It doesn't look too impressive, does it?
We will now pay attention to T1..T5 arrows that are displayed on the chart. They represent five different short term trends that
took place during the six month period. By using the proper leverage catching any of those multi day moves would have more than
doubled our account. Catching two of them would have quadrupled our initial start up capital. Is it realistic to expect to ride all
of the five trends from the above example? Not realistic at all. However, catching two or even three of them is definitely within our
reach.
Let's go straight to the point. What is forex trading all about? Is it about finding your inner self? Is it about understanding of
how currency markets provide global trading equilibrium?
Is it about becoming a better person? I don't think so. I would say that forex trading is
about making money. It is as simple as that. And that is precisely why you are here...
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Two completely opposite “schools of thought” dominate today’s public opinion when it comes to financial markets. One
school of thought is advocated by academic types: mostly economics, finance and mathematics professors. They will
tell you that “markets are efficient” and that there is a zero chance for an individual to outperform any liquid
financial market in the long run. Well, of course the guys with cushy university jobs, without any real world or
business experience, will tell you that you don’t stand a chance to succeed. You should continue to work your little
day job so that they have someone to make their sandwich or to change oil in their cars. People who subscribe to
this theory usually choose to stay out of financial markets and keep their cash stashed in their mattresses.
Another school of thought is advocated by financial TV and radio stations, investment firms, brokerages etc… “Surprisingly”
they are all trying to portray financial markets as an idyllic place where happy Moms, Dads and Grandpas use
sophisticated software to place winning trades from their laptops while vacationing on sandy Caribbean beaches…
Countless “talking heads” are enjoying their daily parade on TV channels such as CNBC or CNN supplying mostly worthless
advice to general public. Their “analysts” change their opinion every day in a fashion that even George Orwell would
find hard to comprehend. And everything they say always seems to “make sense” at the moment when they are saying it.
Next day, when it turns out that they were totally wrong, they are telling you entirely different story as if yesterday
never happened. And if you noticed, the hosts never, ever bring that up. Why? Well, “the show must go on”. They have
to show you that every day you are missing on countless trading opportunities; you just need to watch their shows,
subscribe to fancy software that they sell you and you are on your way to early retirement.
Also,the problem that most would be currency traders encounter is a lack of appropriate literature.
Most of the books on the subject deal with macro economic theories. If you want to study economics you are better off
enrolling in a university class. In the real world with such knowledge and 10 dollars you can buy yourself a lunch.
The real world is inhabited with real people. And real people eat little geeks for breakfast. Welcome to the world of
currency trading.
Here are a few of the numerous emails that we have received
from people who have studied our course...
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"I'm not very good with computers so it took me a while to set up everything as you have
suggested. I'm still apprehensive to trade with real money, however by using your
strategy my demo account has been up by 70% during the last three weeks."
S. Patten, Spokane, WA
"Usually I don't like to write testimonials but I'll make an exception here. The course is
presented well. I like the strategy part the best, although I learned some new insights
from the other parts as well.I have been looking to enter the forex market for some time
and now I feel confident that I can do it."
Gary Patterson, Pasadena, CA
"My main problem is that I was getting out of my trades way too soon. As soon as I would make
some profit I would get out, sometimes even when the trade was still going in my direction.
I have been using your exit strategy and I was able to ride a five day run in EUR/USD."
Dinesh Rao, Mississauga, Ontario
"I was a bit put off when I saw the price of the course. Usually courses on forex trading cost
hundreds or thousands of dollars so my expectations weren't high. Well, I was wrong. I used your
strategy to place a few trades in GBP/USD and I made $2,700 over the last month. I had four winning trades
and two times I got stopped out with a small loss. I'm looking forward to making even more. Thanks."
Julian Wong, Bristol, U.K.
"After applying the advice from your material I was able to stop my losing streak. I was focusing
on too many variables before, I guess a person can't digest so much information. Your approach has
helped me a lot.
"
D. Herrera, Allentown, PA
"Just a quick note to you guys. I purchased your course last week and I'm really impressed with the wealth
of information and honesty of your advice. There is no fluff here. Thank you and keep up the good work!
"
Marvin Dexter, Westminster, CO
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Questions that are often asked by aspiring traders is “What kind of trading approach should I
use – day trading, swing trading, position trading? How many indicators should I use? Should I follow the
TV news channels?...”
If you are facing similar dilemmas let me try to make an analogy. If you were attacked in a dark alley and you felt
that your life was in real danger what kind of defense technique would you attempt to use. Would you attempt to kick
your assailant with some fancy kung fu move that you saw in a movie? Or would you use some basic but brutally effective
“knee to the groin”, “thumb to the eye” technique that is easy to implement and that you are 100% certain will have
an effect? When you have your hard earned money riding on your trades maybe your life is not at stake but your and
your family’s livelihood is.
The goal of all the other traders in the market is to take your money. And if you are
going to play around with some fancy tools and indicators that you don’t even understand you can be assured that your
hard earned money will be paying someone’s BMW lease payments. Forex market is a market where trends are long lasting,
usually weeks and months at a time and are usually driven by technical analysis and that’s why for the beginning trader
the only viable strategy is to swing and position trade in attempt to catch those large multiday/week currency moves.
On the other hand intraday moves are mostly driven by news stories and economic reports, therefore day trading the
forex market is something that a beginning trader should not do. For example, sometimes there are 8 different reports due out
in a single day, there are numerous news on a political front and at the same time you are following 10 different
TA indicators.
Are you seriously thinking that you can meaningfully digest all of that info? Do you think that
Warren Buffett listens to all that noise? If Jesse Livermore was still around do you think that he would be basing
his trading decisions on CNBC commentaries?
To illustrate the difference between intraday and multiday/week forex trading lets have a look at two Figures below:
The upper figure is a daily candlestick chart covering EUR/USD for a six month period. As we can observe from the chart,
trends are long lasting and when the price crosses 20 day Moving Average it usually stays there for
long periods of time.
On the other hand, lower figure represents hourly candlestick chart covering EUR/USD for a six day period. As we can
observe from the chart there are no well defined trends, intraday moves are sudden, violent and brutal and they are
usually driven by news, reports and even worse – rumors.
Now that we have decided that in our trading we will be looking for multiday/week currency trends we have defined a simple
and effective trading strategy that any beginner can understand and implement in a short period of time. In order to
do so we have combined a few basic, hard core fundamental TA tools together with our own common sense. We have named it
"Forex Trading Course™"
Here are some of the most frequently asked questions...
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How much money do I need to start trading?
Depending on the amount your broker charges you for commission, you can start trading with an amount as low as $1,000.
Remember that starting out with low trading capital may put you at disadvantage because you will only be able to trade
forex in small share lot sizes.
I live in Europe, will your trading approach work here?
Although our customer base is 65% North American a great number of people from countries such as United Kingdom, Germany,
Holland, Spain, Italy, Singapore,
Egypt, Australia, New Zealand ... have been able to successfully implement our strategies. Concepts and techniques that are
explained in the course work from anywhere in the world. The course has been designed to be useful in every country
What does the "Forex Trading Course™" include?
The "Forex Trading Course™" covers all aspects of currency (forex) trading and it includes a proven
strategy that is explained with real life charts and examples.
Will I be required to buy any additional products from your company in order to be able to implement your strategy?
Absolutely not. We are not affiliated in any way with any software provider, brokerage house or any other investment services firm.
Does the strategy cover currency pairs other than EUR/USD or USD/CAD?
The strategy has been designed to be useful for trading any major currency pair such as EUR/USD, GBP/USD, USD/JPY, USD/CHF etc...
The examples in the course are mostly EUR/USD and USD/CAD, however our forex strategy can be easily applied to any other currency pair.
Can I use the strategy at trading instruments other than currencies?
The trading approach taught in the strategy can be used at any financial market. However, if you are planning to swing trade,
forex market is highly recommended due to high volatility and a great number of trading opportunities.
Do I need any specific academic background in order to be successful?
Not at all. Successful active traders and day traders come from many different professions. Very often, people who are very successful
at school or at their businesses wrongly believe that their success will be automatically translated at forex trading. It is usually
not the case. Active trading has its own learning pace and our strategy will prepare you to enter this exciting field.
What kind of Internet connection and computer hardware do I need?
The kind of Internet connection that you should use depends greatly upon your trading style. Active day trading requires high
bandwidth, high performance and reliable Internet connection. Although it is possible to successfully day trade using regular phone
line connection, we would recommend you to use either Cable or DSL Internet service if it is available in your area.
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Download our forex course in five minutes...
"Forex Trading Course™" comes to you as an ebook. We did this so you can pick up your copy right now
and have it downloaded onto your computer and be reading it in less than two minutes. No need to drag a CD player
into your office, or worry if your computer is able to play teaching videos.
The purpose of the "Forex Trading Course™" is to prepare you to enter the exciting field of currency
trading and, more importantly, to put you on equal ground with successful traders. There are several possible reasons
for buying this course. You may be a total newbie trying to learn as much as you can about forex markets before you
attempt to trade. You may be a beginning trader, made a few trades, lost some, won some, however you have come to the
conclusion that you don’t have a real edge and if you continue you will slowly burn most of the capital in your trading
account. Or maybe you are already actively trading currencies and you are always looking for new ideas to improve your
trading… In any case you have come to the right place.
"Forex Trading Course™" will teach you:
- You will learn how to properly use TA tools and how to combine them into winning combinations
- A unique proven winning strategy that can be applied to any major currency pair explained with easy to understand examples
- How to set up your own professional trading workstation for a fraction of the price
- How to properly use leverage
- How to spot the exact best time to enter the trade either on a long or a short side
- How to use volatility to your advantage
- How to prepare for a trading session
- How to properly use Fibonacci Retracement Levels
- Which order types should you use and when you should use them
- How to determine the most important support and resistance areas based on the previous day's info
- Where you should place your stops
- How to use Economic Calendar
- How much capital do you need to start
- How to obtain the most reliable real time quotes and charting software
- How to properly use "trailing" stops
- How to use info from the previous trading day to your advantage
and much, much
more...
You will also learn how to efficiently use your screen space.
In Your Opinion, How Much Is A Winning Forex System Worth Paying For?
Some people pay hundreds of dollars each month for expensive coaching services and complex trading systems. In
my humble opinion it is a total waste of money. As the old saying goes "Give a man a fish - feed him for a day, teach him to fish - feed him for life."
I was thinking what would be a reasonable price to ask from a beginning forex trader for a tested, step by step forex trading
system. After giving it some serious thought I have decided that a price of $97 would be affordable to
majority of traders.
In the "Forex Trading Course™" we are not discussing economic theories,
Fisher, price equilibriums, etc... They have no practical use when it comes to short term
trading. What we need is the ability to predict the price over the next few days/weeks. You
have probably noticed how sometimes even the best news can not lift the dollar and the slightest
hint of a bad news puts it into a nosedive and vice versa... In those situations we need to know
where the sentiment is and economic fundamentals have very little importance...
In order to enter this field on equal ground with successful traders you'll need to:
- Equip yourself with the right knowledge and tools
- Choose a proven forex system
- Become proficient in implementing the chosen system
- Don't be afraid to win
Whether you're a beginner or a more experienced trader, "Forex Trading Course™" will greatly improve
your chances of success and it will help transform you into a competent forex market combatant.
Best regards,
Quantum Globe Inc
P.S. You're possibly thinking, "Well, this sounds quite good, and the price is OK,
but I probably should hunt around a bit longer on the Internet and see if there's a better option."
Well, let us encourage you to do something that just five people in one hundred do: Take Action. Don't
sit around for the next six months. Our forex system is tested and it works. Right now, as you read, people
are taking Forex profits because of it.
Click here to order online now.
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Subscribe to our FREE "Forex Trading Tips" Newsletter!
You will be receiving some of the best practical trading
information, tips and techniques available exclusively to our clients.
Your email address will not be given away to anyone.
Just enter your name and email address below and you will be instantly subscribed to our FREE "Forex Trading Tips" Newsletter...
|
Click
the button above to subscribe to our FREE "Forex Trading Tips" newsletter...
Please
Just Press the button ONCE!
Forex Trading Course™
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Forex Trading Course™
U.S. Government Required Disclaimer -
Commodity Futures Trading Commission Futures and
Options trading has large potential rewards, but also large potential
risk. You must be aware of the risks and be willing to accept them in
order to invest in the futures and options markets. Don't trade with money
you can't afford to lose. This is neither a solicitation nor an offer to
Buy/Sell futures or options. No representation is being made that any
account will or is likely to achieve profits or losses similar to those
discussed on this web site. The past performance of any trading system or
methodology is not necessarily indicative of future results.
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. SIMULATED TRADING
PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED
WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY
ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE
SHOWN.
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