FREQUENTLY ASKED QUESTIONS ABOUT THE RECURRING FOREX PATTERNS COURSE
Vic Noble and Forexmentor had released a Scalping course several years ago. This course includes a few of those patterns, updated to include the market conditions and other considerations. However, it is not scalping per se. Scalping brings to mind the connotation that one is taking very small pips from very small time frames usually in very frequent intervals from the market. This course is a short term day trading course, rather than 'scalping'. You will be taking profits and moving out of risk rapidly, so in that sense it is 'like' scalping in the earlier course. We choose the words, Short Term Day Trades, instead of Scalping to define the content of this course. The 6 patterns portrayed for these trades can occur in any session of the 24/7 Forex market day.
How is this different from your previous London Close Trade Strategy course?
The London Close Trade course presents specific parameters that apply to the market action that occurs every trading day between the hours of 10:00 AM – 1:00 PM eastern 'NY' time. The London Close Trade setup is one that occurs when the pairs range has been exceeded coming into the LCT time frame, and then has a qualified setup. The trade is over either when stopped out, scaled out with profits, and/or the time frame has come to an end.
This RFP course DOES address trades that can also be taken during that same time frame, but only when the conditions apply for each of the trade patterns. This course is an ideal companion course to the LCT's, because there are not LCT setups every day, and even when they do setup, not all pairs have qualified setups on any given day. These patterns can then be traded when there are no qualified LCT setups, allowing one to take advantage of moves at the London Close that produce pips, but just are not qualified LCT's.
Of course the RFP course has application in other sessions at other times. The fact that these trades also work with the LCT time frame is an added bonus. When trading these setups during the LCT time frame, one just needs to keep in mind that that time of day is generally a counter trend move time of day.
How many patterns do you teach us?
There are 6 patterns in this course. See course preview.
Do these patterns occur everyday?
Yes. We have not found a day when there is not at least one set up in one of the sessions. Generally you will see multiple trading opportunities for the use of these patterns in each of the trading sessions, London, US, and Asia.
Will you continue to track your performance?
We have plans to continue tracking our performance for the time being. As time goes on, there will be end to the tracking/publishing of the performance. Understand also that we are tracking the trades that 'we' take, and showing others that occur. We do NOT get or take all of the trades that the market presents in any session or day. However, there are actual examples of trades in such a quantity provided with this course, that the patterns and how to manage the trades should be very clear to the student/trader.
Will you continue to provide new videos of trade examples?
Yes we will continue to add new videos as time permits, however these will not be everyday necessarily, not is there any set time as to how long they will be provided.
What Is Included in the Training Program?
- A full featured video course by Vic and Shirley
- Over 85 recorded videos of how to trade and manage various patterns in live market conditions
- Two bonus courses to get you up to speed on the Noble Entry Method and Forex Support and Resistance Levels. You will need to understand these concepts in order to trade the patterns effectively
- Follow up webinars where you can ask questions about the techniques presented in the course.
- Ongoing sample trading videos
- Email support
