"In trading, we all know that there is no holy grail. But darn it, this has to come as close as I can imagine. The strategies are so well explained and laid out that it will surprise me if someone doesn't write code to automate it." - Dick Thompson, Seattle, WA
Do You Want to...
Learn to Trade Forex During Live Sessions with Full Time Traders?
Learn to Trade High Reward - Low Risk Setups?
Get Help Finding Profitable Trading Opportunities in Different Markets?
Be in the Company of Other Like-Minded Forex Traders?
Be On Top of Daily Global Economic News Events.
Dear Forex Traders,
Forex Trading can be a lonely business.
As a developing trader, it is common for you to feel uncertain and vulnerable in fast-moving markets. Critical decisions are often required to take advantage of profit opportunities. When one trades alone, he may often miss profitable setups or worse, get in trouble by entering into false setups.
We, at Forexmentor, believe developing traders should learn to trade Forex in a safe, non-threatening and supportive environment from where they can interact and trade with other experienced and like-minded Forex traders.
ForexmentorLiveConnect is a live trading service designed to allow fellow traders from around the world to gather virtually during market hours to trade together. Members of this service alerting each other of trade set ups and profit opportunities throughout the session.
On Jan. 18, 2010, Significant improvements to LiveConnect were implemented. Here's what our members are saying about the new features:
LiveConnect uses a real time virtual conferenceroom where traders can instantly communicate with each other and learn to trade the forex. Participants learn how to approach every trade in a rational and systematic manner. Using sound methods and strategies taught at Forexmentor.com, participants work together to look for high reward - low risk trades. Participation is totally flexible and you can participate as little or as much as you desire. (see some trading results)
LEAD BY EXAMPLE
Forexmentor LiveConnect is headed by professional trader Jarratt Davis who's a full time Forex trader and a senior Forexmentor member. Jarratt began his trading education in 2005 after selling his commercial cleaning business. Over the years, Jarratt's has come to be known for his high-reward, low-risk style of trading which has earned him a solid reputation among his peers.
Jarratt trades extensively for high networth individuals. In 2008, Jarratt was accepted as a principle trader for the Wealth Builder FX Hedge Fund based in Hong Kong.
Jarratt started a private Skype chat room several years ago in order to provide real time assistance to new traders who are working to become profitable traders. Since then, he has devoted countless hours coaching and supporting Forex traders from around the world.
In June, 2009, Jarratt agreed to bring his experience, expertise and passion to the Forexmentor family by lauching the LiveConnect service.
HOW DOES FOREXMENTOR LIVECONNECT WORK?
Jarratt has done extensive research on how a live trading room should function in order to provide the maximum benefit to traders.
Here's how Forexmentor LiveConnect works:
During the London and New York trading sessions, Jarratt and our trained moderators analyze the market in a way that is clear and easy to follow. The objective is to teach traders how to replicate the same analysis in their own trading, on their own charts and currency pairs. All moderators work under the guidance of Jarratt and use his techniques and methods.
We focus on 3 factors which we believe are vital for long-term success:
1. Your Approach to Trading
2. Your Risk Management
3. Your Consistency
To keep it really simple, we break our analysis down into two main sections:
1: DIRECTION 2: ENTRY LEVELS
At the start of every trading session, we will look at what news is due out and discuss how those events may impact the trading day.
Next we'll conduct a top-down analysis using higher time frames to determine mostly likely price direction.
Typically, we check 3 time frames (daily, 4 hour, 1 hour) and looks for a confluence of market flows. For example, if 2 or more of the time frames show market flow to be up, the bias for that day will be long trades.
Following the preceding scenario, we will then go to lower time frame charts and look for potential long trades in the BUYING zone produced by the daily pivot levels, together with fib levels, etc.
Members will be encouraged to develop this basic method into something that suits them and their personal circumstances. The focus will be on trading these setups on a consistent basis.
Pre-London and Pre-New York Video Analysis - Our moderators conduct a full video analysis of the market before the London and NY session open each day. They point out possible setups and confluences that fit with the high reward, low risk trading system for the upcoming trading session. (see Pre-London Example | See Pre-New York Example)
INCLUDED WITH YOUR FOREXMENTOR LIVECONNECT SERVICE:
Access to the open live trading room - Traders can interact ad-hoc, and experienced members can discuss concepts with newer members etc… Our moderators will lead this room but discussions and topics arise organically. See the LiveConnect Trading Room in Action
Online videos outlining the trade set ups that we look for - Includes the exact set up for everyone’s continual reference, along with trade examples and psychological considerations, etc. We will provide all resources so that all participants are clear on how we trade from day one.
Archived trading examples - Examples will be added frequently (usually each week). By watching past trade examples, traders will build confidence in the methodology.
Pre-Market Video Analysis - We publish a full video analysis of the market before the London and NY open each day. We point out possible setups and confluences that fit with our high reward, low risk trading system for the upcoming trading session. (see Pre-London Example | See Pre-New York Example)
End-of-Week Trade Sample Video - At the end of each week, we publish a full video review of trading examples for the past week. (see sample)
HOW DO I JOIN FOREXMENTOR LIVECONNECT?
If you are already a member of the Coach's Corner, we have great news for you. Forexmentor LiveConnect is now an integral component of the Forexmentor Coach's Corner with Vic Noble. If you are already a Coach's Corner member, this service is available to you at no extra cost.
If you are not yet a Coach's Corner member, you have the following options:
Vic, I am really impressed with LiveConnect that you and Jarratt have developed. It is absolutely excellent. In trading, we all know that there is no holy grail. But darn it, this has to come as close as I can imagine. This is so well explained and laid out that it will surprise me if someone doesn't write the code in MT4 to automate it. Thank you, Vic, and please pass on my compliments to Jarratt.
Dick Thompson - Seattle WA
Jarratt - the program that you're offering is the best that I've ever seen, plus having Coach's Corner and all the archive videos just makes the whole program incredible. LiveConnect picks up where every other program leaves off. With the pre-London video showing you exactly what to look for in the next few hours and with your tutorials showing exactly how to enter and exit trades, I just don't think there is anything on the internet that can touch your program. Joe T.
Andrew, just wanted to thank you so much for the excellent explanation on the MACD divergence! I follow the Vic trade and Peter's 'follow the market flow', but had like 50% success level due to usual premature entry. But since joining LiveConnect this week, the MACD divergence you teach has given me such excellent view on where to enter! These few days I feel my understanding has REALLY jumped! Now i just need to learn more about the fibos and resistence/support for proper exit. Not so good with the exits yet but it's excellent stuffs, just grabbed about 80pips today alone :) Never with so much confidence before LiveConnect! Sso thank you for your excellent views on things! Hazel L.
I've just reviewed the incredible resources available at LiveConnect. The opportunity to work closely with a consistently profitable and experienced trader every day is extremely exciting. I can't wait to start working with Jarratt and use LiveConnect to take my trading to the next level.
Dave D.
Hi Vic, I think the information associated with the LiveConnect service (the course, the videos, et al) is VERY well done, and superb….it is easy to understand and follow. I picked up a few key pointers and reinforcement for the changes I had already been making in my trading. The Coach's Corner and Live Connect will revolutionize trading for those who take it to heart. Good Job Vic--what you and Jarratt have done is really outstanding. ShirleyH.
Good morning Vic, Just wanted to thank you, Peter and Jarratt for making the LiveConnect site available to CC members. I've reviewed all of the information compiled thus far and think it's excellent; a true testament to Forexmentor and the extra effort put forth to accommodate it's members. You guys are number one in my book. Sincerely,
Rich H.
"Hey Chris, first I want to give you tons of thanks on the info and insight. This CC LC service is amazingly turned my trading and my view of the markets around alot."
- Sterling Carter
No. We do not give out live trade calls, or tell you where to buy and where to sell.
We believe that the best education is that which gives you the ability to navigate the markets yourself without any outside help. With that in mind, we will post possible trading set ups ahead of time, as per our strategies, but these are purely for educational purposes only, to help you see how the trades should look when setting up and playing out etc…
Why should I join LC. How will it benefit me?
Live- connect is a premier Forex service that is designed to offer you all the guidance and education that you need in order to become an independent Forex trader…
The idea is to give you an insight into how professional trader Jarratt Davis Approaches the Forex markets each day, and an education into his methods and strategies. You will also get the expert guidance of trading Coach Vic Noble during the Coaches Corner.
We have a huge archive of educational video tutorials along with hundreds of trading examples, including trades that were taken live in real time, to help you get to grips with the trading strategies and concepts that we teach.
Along with all this we have our live Forex trading room, which is moderated full time by our team of experienced traders. The room includes interactive chart sharing features, along with type text chat facilities, and full email support outside of trading hours.
As part of your package you will also receive access to the Coaches Corner, which is a general education service designed to give you training on any trading topic that you choose, including anything that is beyond the realms of what is taught in live connect.
This service is the complete package for everyone, be it full time trader, part time trader, beginner or advanced!
Who are the moderators?
Each moderator has been handpicked for his trading ability, and speciality in trading one or more of the specific methods that we teach in the Live connect service. They Trade full time, and have demonstrated an ability to help and teach others in an effective manner. They have been trading with Jarratt and Vics Methods for over 2 years, and are fluent in all aspects of the methods.
How many trade set ups will be discussed during each session?
This truly is an insight into how professional traders operate in the markets; therefore we exercise extreme discipline when it comes to periods of market inactivity …. So some days there may not be any qualified set ups to take, during which we will sit on the side lines and make it very clear why this is. Other times the market moves, and we see several set ups occurring all at once, during which we will try and point out only the strongest trades for your information. In general there is at least 1 or 2 trades setting up per day.
Which trading sessions do you focus on?
We focus primarily on the London Session as a whole, and the first half of the New York session.
How can members interact with moderators?
The moderators will be clearly identified in the chat room, so if you wish to ask a question or discuss something feel free to start a conversation with them….. If you keep the chats to the public area of the chat room the whole community can benefit from them. If necessary, the moderator can launch into live chart mode to illustrate a trade setup. Also the moderators will publish a preview video for each of the sessions daily. (see Pre-London Example | See Pre-New York Example)
What about if I come in late or miss a session?
All trade set ups are posted as chart screen grabs inside the room, so that you can pop in and check the set ups we discussed during that session, as well as the Pre London and Pre NY analysis videos, we are also able to record all live sessions that are conducted during the day, and save these in the members area, which is readily accessible for all members.
What Methods do you focus on?
We focus on the methodologies created by professional trader Jarratt Davis (The Trend Trade, and the Pivot Zone trade) and full time Trading Coach Vic Noble (MACD Divergence)
How will I know the methods and strategies being discussed in the room?
Jarratt Has recorded numerous video tutorials outlining not only the trading concepts that he uses, but also each trade set up in great detail, so that after watching the videos you will be fully prepared for any discussions that take place in the live trading room. There are also hundreds of recorded trade examples for your benefit.