Friday, July 13, 2007

Free Video on The Quick Fibonacci Trading Method

Fibonacci price trading is a proven and established method of trading in forex, and many veterans and experienced traders all have a very high level of skill in using this method of trading to glean vast amounts of profits trading forex within very short time frames.

Today, I am excited to share with you this method of trading which is expounded here in a video by Avi Frister who is the author of Forex Trading Machine, and is an experienced trader who is consistently making 5 figures from trading forex.

Avi from Forex Trading Machine has created a unique forex trading lesson called "The Quick Fib Trading Method". In it, you will learn to trade a method that can be adjusted to various time frames, is mostly mechanical, and the best part is that it uses a leading rather than a lagging indicator!

Avi was kind enough to provide me with this lesson to send to my subscribers, and so I am happy to let you, as my readers and subscribers to this blog to access the video free of charge.

You can immediately learn how to use the Quick Fib Trading Method by viewing it here ( Click on the link below to access the video NOW!)

FREE VIDEO ON THE QUICK FIBONACCI TRADING METHOD


It is rare that successful traders and system developers give out such valuable information at no cost. When I say "valuable" I mean it. I simply love how Avi's mind work when creating profitable trading methods and you will see why when you watch the lesson at:

FREE VIDEO ON THE QUICK FIBONACCI TRADING METHOD


I am not sure how much longer Avi will have the lesson available for so take advantage while it is still available..and remember, if you ever want to learn further and get Avi Frister's Forex Trading Machine course, I have two special bonuses for you, only available on this website.

You can see the 2 special bonuses I have for you here CLICK HERE TO CHECK THE SPECIAL BONUSES. Together with the Forex Trading Machine Course, you will discover how to become a profitable forex trader and be consistently on the correct side of the market, and become profitable. Remember, this is YOUR special opportunity because successful traders SELDOM reveal their secrets! Not Avi Frister, because in this trading course, he reveals his three most successful and profitable trading methods so that you can duplicate his stunning successes!


All the best and wish you good trading!

Peter Lim

Free Video on The Quick Fibonacci Trading Method

Sunday, April 15, 2007

Mini Forex Trading Part #2 - How You Can Instantly Benefit To Create A Consistent Income

Mini Forex Trading Accounts #2
How You Can Instantly Benefit to Create A Consistent Income Trading Forex


If you are a forex trader, and you want to start off by learning the important aspect of disciplined trading and honing your skills in following your trading methodology, then what you need is a mini forex trading account. By using a mini forex trading account, you can concentrate on your trading methodology and strategy without being too distracted with profits and losses.

Moving from Paper Trading to Mini forex Trading
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The mini forex trading account is perfect for you to transit from a paper trading environment into the real world of trading. In any normal situation, as a beginner, you will probably have started to learn to trade using a demo account, where losses and gains are all make belief. This is called paper trading. Once you have gone into consistent profits by using your trading methodology with trading the demo account, you will then be ready to move into the real world of trading. However, as you will want to have less risk, a mini forex trading account will be suitable for you.

Characteristics of a Mini forex trading account
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The mini forex trading account carries the same benefits of full size normal trading accounts, but the main difference is the contract sizes in both accounts. With mini forex trading accounts, the contract size is based on 1/10th the size of the standard account. This means the capital for opening a mini Forex account is much less and you would require around 100 to 300 dollars. For a mini forex trading account, one PIP is equivalent to one dollar for EUR/USD and GBP/USD currency pairs, as a comparison.

Learning to trade with mini forex trading accounts
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The lower capital involved in mini forex trading account effectively allows you to trade in the real environment with all the pressures of trading and making decisions on the basis of your trading strategy or prescribed trading signals based on a set trading methodology. This allows you to follow your trading strategy with lower risk and not worrying about the risk of trading a full size account. With a mini forex trading account, you can get experience and confidence and upgrade to a full trading account once you know you have moved into the league of the consistent profitable forex trader.

Leverage in mini forex trading accounts
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The leverage in the mini forex trading account is very attractive, and is around 200 to 1. In any trading account, you are using the principle of leverage. In the mini forex account, there is a small margin deposit required fixed at $50 for per lot traded. This amounts to a stunning leverage of 200 to 1 (10,000/50 = 200)!

If you have a low capital, like below $10,000 , starting off with a mini forex account may be the best way for you to start off trading in forex, honing your skills and earning profits before you move on to the standard full trading account. Check out Easy Forex for your trading account.

If you like to practise on a forex mini trading account and learn to use the most powerful forex trading method available to become a profitable forex trader on Day One of your trading career, check out Avi Frister Forex Trading Machine.

Together with the information you have learnt on this article, you can start to create personal wealth consistently and steadily with Avi Frister's Forex Trading Machine method of trading. I strongly recommend you to check out the details here if you desire success!

Mini Forex Trading Account

Wednesday, March 28, 2007

3 Keys To Wealth Creation In Trading Forex- Going Beyond Learn Online Forex Trading

3 Keys To Wealth Creation In Trading Forex- Going Beyond Learn Online Forex Trading

Apart from lending friends and clients a willing ear to hear out their tales of woes and their losing trades, as a certified financial planner, I always try to seek out their root problems and propose solutions that pertain to their special investing positions.

After all, each trading individual has his own risk tolerance, capital allocation and most of all an objective or goal in trading.

But however you look at it, irrespective of their time frame of investing, behind all their trades lies one main objective...and that is

TO CREATE AND INCREASE PERSONAL WEALTH

This is always a noble objective, and hundreds if not thousands of people worldwide have proven that forex trading is indeed capable of being turned into a generator of income. We find forex traders who actually trade for a living.

There are both full time traders and part time traders who not only utilize this economic activity of forex trading as another source of consistent income, but some have actually created full time careers as out of trading, and have become professional traders.

The path to wealth creation by way of forex trading is not free from difficulties, as any experienced trader can tell you. The market has a way to play "tricks" on you when you are least expecting it! For example, just when you think the market has bottomed out and ready to make a turn upwards or to rally, it will strangely turn down again.

Traders call their attempts to decipher the market moves as "forecasting" the turns, but I would rather call it " fine tuning the forex trading machine".

In wealth creation, 3 main factors are really important.

Firstly, you must have a method or technique that is UNIQUE and proven to generate you the gains more than losses when you follow it or use it. If the majority of a group of traders are using a common trading system with common indicators and are NOT making money, the only reason you can gather is that their trading system is so commonplace and definetely not UNIQUE, and worst is not generating profits for those who follow it. It therefore pays for you to be in the more knowledgeable minority group who uses UNIQUE trading methods to make their money in trading the markets.

Secondly, that technique must be able to add VALUE to your capital that you employ in trading. If that technique consistently leads to losses, eroding your capital, then you need to drop that method or trading technique like a hot potato or to get a professional or a mentor to check out what is wrong with your technique, and to tweak it.

I have known some traders who kept on trading on very flawed trading techniques and consistently losing money. Worst, some of them think it was because of the lack of practice that was causing their losses, and so they practised on a trade simulator and redo their strategies on a forex strategy builder, without knowing that all the while, their trading technique or methodology was flawed and incapable of adding value to their capital.

Thirdly and finally, the trading activity must be capable of allowing leverage to be applied, so that you can conduct a heavier trade with a small amount of capital. In other words, are you making use of leverage in your forex trading? Do you trade on an account with a broker who allows you good margin terms, or allowing you to earn money from referrals and so on?


When you pause to consider how you are trading today, be honest with yourself and check yourself against these 3 simple principles of wealth creation in forex trading. If you do not measure up, it is time to review how you trade and take affirmative action to convert yourself from a mediocre trader to a successful and profitable forex trader. The way to being successful lies in your hands today.

SPECIAL NOTE: Check out Forex Trading Machine - a unique trading methodology that has consistently enabled forex traders to make profitable trades online.

3 Keys To Wealth Creation In Trading Forex- Going Beyond Learn Online Forex Trading

Saturday, March 24, 2007

Time and Price Analysis in Forex Trading

Time and Price Analysis In Forex Trading

One of the earliest masters of time-price analysis in trading was the legendary WD Gann.

I started off my trading career in stocks and shares and it was when I discovered the world of trading commodities and futures that I heard of WD Gann.

The most important teaching of WD Gann that I personally experienced was his statement:

"When time and price is squared ( or meet ), change is inevitable"

I have found this to be true in many, many cases...too many to enumerate, and this occurs across all freely traded markets in the world, irregardless of whether it is stocks and shares, forex, commodities and futures or e-currencies.

With time-price analysis, it is possible for you to compute the time day for a possible change in trend, and to forecast the possible price - once both the time and price "meet" accordingly, a turning point is forecasted.

In forex trading, specific variations of time-price analysis is used by many of the forex traders who are making good money in their trades. One specific variation is the use of PRICE-ACTION analysis, where you do not need any indicators, but by studying the price action of the currency pair you are trading, you are able to take IMMEDIATE action on your trade.

How can price action help you?

1. There is no battery of confusing indicators that you need to study to take any trading action- so you can quickly KNOW what trading action to take.

2. Every trading signal is CLEAR, and without doubt- no maybe it will go this way or that way, so there is no wondering whether you should be in the market or not.

3. Can be applied as long as there is a price chart- so no expensive trading software required

4. Can be applied across all time frames - so you need not look at one chart for one time frame and have to maintain several charts .

5. Know the exact price levels to trade off- so you can very often get very near to the lows and sell very near to the tops, taking the sweetest part of the moves.

In the world of trading, what we need is really clear cut trading signals that can tell us the turning points of the trades...and price action analysis helps us do just that.

If you are trading forex, and you would like to see actual examples of how price-action analysis is carried out and how successful you can be with this technique, visit Avi Frister's website by clicking here.

Time and Price Analysis in Forex Trading

Thursday, March 22, 2007

If You Are Performing Badly In Trading Forex....

If You Are Performing Badly In Trading Forex....

Were you rattled by the volatile movements of the financial markets recently as Dow Jones dropped badly, and affected other markets?

During that period, I received a few emails that highlighted the difficulty forex traders experienced. One friend remarked that he entered a USD-JPY trade, and it promptly dropped the next day. I received two more emails from veteran forex traders that spoke of their rather dismal trading performance during that period.

In one case, I discovered the veteran trader was having difficulty in taking the trading signals from his trading system despite having 7 years of trading experience! What led to his situation?

On scruitinising his trading strategy, it appeared that he was adding more and more indicators to his chart to "improve" his trading system. This was a surprise to me because he had been very profitable throughout the years of his trading, and I wondered why he went about trying to add on to his trading system when it was performing so well. The maxim of " If its running well, don't fix it!" seems to ring true in his case.

It was clear that this veteran trader was slowing down in his response to taking the trading signals because of the addition of too many indicators in his trading strategy to provide " a synergistic" signal, which was, in actual fact, impeding him from making instantaneous decisions that was so necessary in his trades. In fact, he was sufferring from paralysis from too much analysis.

The solution ?

Irregardless of whether you are a veteran forex trader or a newer forex trader, take time off to review your trading strategy during your bad patches. Keep to the trading strategy that works for you and KEEP IT SIMPLE. Get to the root of your problem, and if necessary, spend time on a trade simulator and forex strategy builder to renew your trading skills.

In this case of the veteran trader who needed help, I suggested that he also study the NO-INDICATORS price action trading method of Avi Frister, a professional veteran trader who has revealed his trading strategies that has proven to be very profitable for him. If you need help as well, check out this powerful trading strategy and how you can personalise this trading strategy to help you become profitable in trading the forex market. Click here for details.

If You Are Performing Badly In Trading Forex....

Sunday, March 18, 2007

Stock Market Crash of 2007 - How To Trade Stocks, Futures and Commodities and Forex During The Bearish Corrective Wave

Stock Market Crash of 2007 - How To Trade Stocks, Futures and Commodities and Forex During The Bearish Corrective Wave

Trading during a bearish period is different from trading during a bullish period where all you need to do is to buy low and sell high and move along with an unrelentless upward move.

During a bearish period, traders nerves are wrecked with fear with each untoward announcement which seems to ply emotional difficulties upon the trader...until fear turns into panic and there is a mad rush to exit stocks and shares, and a good short selling of commodities and futures..and a flight back to quality for better performing currency pairs for forex.

For each type of trading, what is important is WOULD YOU BE ABLE TO KNOW THE NEXT TREND and to benefit from it?

Imagine how accurate you can be when you know BEFOREHAND the next trend before it occurs.

For instance, you can EXIT the market before it crashed or go into a deep correction.

Imagine how profitable you can be when you can enter the NEXT trend even as the market ends its corrective mode, and starts to go uptrend after this heavy pullback.

Whether you are trading forex, stocks and shares, commodities or futures, there is NO DOUBT that you will benefit wildly if you do know the NEXT TREND.

If what I am saying today strikes you in a very REAL WAY, do not hesitate to check out for FREE how you can access this powerful knowledge of knowing the NEXT trend, and then personalise it to make it your very own.

This trading knowledge is priceless and it can change your life....FOREVER, and set you to the road to richness and wealth from trading the markets. Get those details now by CLICKING HERE.

Stock Market Crash of 2007 - How To Trade Stocks, Futures and Commodities and Forex During The Bearish Corrective Wave

Friday, March 16, 2007

Forex Trading Machine - A 5 Point Test To Prove Every Forex Trading Technique or Trading System

Forex Trading Machine - to generate consistent streams of income trading from home.

Whenever I hear the term "Forex Trading Machine", my mind will conjure up an image of a formidable metal robot, fashioned out in the style of a huge gigantic monster of a machine, capable of transforming into any other shape at will, stomping its way into the huge arena called the Trading Floor and smashing anything that happens to stand in its way.

Perhaps a Forex Trading Machine would be capable of smashing any hurdles to successful trading in its way, and if there is such a machine that can almost guarantee profits to one and sundry who uses it to good effect, then I would want to own one immediately!

But what will constitute a Forex Trading Machine in the field of forex trading?

I find many traders, especially newer traders and beginners to be looking for the holy grail of trading, and to them, a forex trading machine would be the next best thing to the holy grail.

Now, let's look at some aspects of a forex trading machine- the topic of our discussion today:

1. It has to be a trading technique capable of identifying without emotion forex trading signals, so that there is no room for ambiguity. Clear signals have to be generated and the trading signals taken without emotion.

2. It has to be based on a trading algorithm that is robust, does not optimise and change its trading signals based on future data in order to optimise to maximum profits. A trading system that changes a trading signal from a buy to a sell, for example, in the light of the forward date that has occurred as historical data would not qualify.

3. Ease of use - The Forex Trading Machine must be easy to use for all traders, and not based on complex indicators that take a long time to interpret and add on to the confusion during trading.

4. High Profit Rate - The Forex Trading Machine must be tested and shown to generate a good return or profit. By "good" it must be shown to produce a high Winning-Losing ratio for trading signals generated at least during simulation tests.

5. High Reward-Risk Ratios - The Forex Trading Machine must return high reward-risk ratios at least during simulated tests, so that the signals generated will produce big rewards or profits at small risks.

Is there such a trading machine for forex traders?

Whenever you are presented with what is seemingly a fascinating method or technique to trade the forex that promises you results, do NOT just take things as gospel truth, and neither should you look at it with disdain or outright rejection.

Use the 5 point test above to prove its viability and to determine the truth about the claims presented.

Why should we do this? This is because there are many successful traders in forex who have "gone thru the mill", fashioning their own special and successful "forex trading machines" in the process.

Many forex traders have their very own "forex trading machines" to help them earn a living off forex trading, some becoming very wealthy in the process.

Prove every claim and you will discover your own forex trading machine which will serve you well in your quest to multiply and create massive personal wealth.

Forex Trading Machine - A 5 Point Test To Prove Every Trading Technique or Trading System