Forex Training Blog

In this interview, Ben - a former casino dealer from Arizona, shares his insights from his former days as a black jack and poker dealer, and how he made the transformation to becoming a full time Forex trader.

For about 1 ½ years now, Ben has been making his living by trading the Forex markets!

Please listen to the interview at:
http://www.forexmentor.com/coaching/interview-ben-0508.html

Vic Noble
Personal Coach
Forexmentor.com/coaching/

Many traders ‘in the know’ are aware of the powerful Commitments of Traders report compiled in raw form each week by the US Commodity Futures Trading Commission (CFTC). But how many of those traders really understand all the nuances and ‘insider’ secrets of the COT in such a way as to execute consistent high probability, profitable trades with confidence?

We’d like to introduce you to a new and powerful trading resource that is designed to bridge the gaps and help you extract maximum trading opportunity from the COT data.

Our “Forex Profits with COT” service combines both a comprehensive introductory training course and a weekly market forecast subscription service that will help you not just react to high level reversal setups, but actually anticipate them before they occur.

In this 17 minute presentation below, I will show you how to use Forex Profits with COT to execute real, profitable trades. Our presentation this week includes a testimonial from subscriber Suresh Kurella of California, who took a 150 pip+ wining trade on GBP/USD based on the bullish forecast we presented in our May 17th report (and a profitable short on the Dow Jones contract which we also forecasted).

Please click on this link to view the presentation:
http://www.forexmentor.com/cot/presentation-052308.html

For more information on the Forexmentor Forex Profits with COT service, please go here: http://www.forexmentor.com/cot/

Happy Trading,

Frank Paul
& the Forexmentor Team

What happens to long runs?  Bottomline, long runs always end.  Look for long runs up or down as they can make money for you.   

This training video is available at:
http://www.forexmentor.com/video/longruns/index.html

Examine 4 currency pairs and the average range in pips per pair during the various hours of the day EST, during various trading sessions and by day of the week.  

This forex training video is available at this link:
http://www.forexmentor.com/video/atr/index.html

Looking at a confluence of events at R1, break of R1 pivot level, break of the upward trendline with the 5 minute chart showing negative divergence.  All of those factors shows the opportunity for a short trade. 

To watch this forex training video:
http://www.forexmentor.com/video/trendline-break-examples.html

Looking at a triple top with trendline analysis.

This forex training video is available at this link:
http://www.forexmentor.com/video/multi-tops/multi-tops.html

It’s no secret that the weekly Commitments of Traders report (published by the U.S. Commodity Futures Trading Commission) often yields extremely important clues as to future market direction. Armed with the knowledge of how the ‘Big Dog’ traders are positioning themselves in the futures market can give us a leg up when trading currencies in the cash market.

You can find out more about this brand new service and watch the preview videos at: http://www.forexmentor.com/cot/

I heartily recommend this service, and believe it will accelerate your ability to use and understand COT for maximum profit.

Peter R. Bain
& the Forexmentor Team
www.forexmentor.com 

Examine currency exchange data in 4 ways through the daily chart, hourly chart, 16 minute chart and 5 minute chart.  Most of your time spent on looking at price action will be on the 15 minute chart.

To better understand how to look at each chart, watch this forex training video at: http://www.forexmentor.com/video/top-down-trading.html

Take a look at what a double bottom trade looks like at the end of run down in price with price reversal.  A double top is at the end of a price run up.

This forex training video is available at this link:
http://www.forexmentor.com/video/sample-double-bottom1.html