Hi, in today’s live session we looked at lots of possible trade setups. How to decide which to leave alone and which to focus on.
I also explained about the new additions to the team, Izhak for fundamentals and Thinus who is helping with analysis, blog posts and forum assistance.
Thinus was one of my private students who has managed in just 6 months to get to a funded account and made 1200+ pips last month whilst keeping the drawdown below 2% which is an incredible achievement.
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You can find Thinus’ posts here:
and Izhaks section here: https://www.forexmentorpro.com/members-area/mentor-blogs/fundamental-analysis/
Izhak previously worked for a stock brokers when he left university. His job was to analyze the fundamentals and the impact of news events. He then passed those reports to the traders in his team.
I explain in the video that this is how professional firms work. The analysts have different skills and personality traits to the traders, so how do we retail traders manage to “wear both hats” and become successful? All explained in the video.
New members, please note: If I am looking to take a trade long, for example, 1.5000, I place my order 10 pips above & 10 pips below for a short. This is because price often does not quite reach a major line and you need to allow for spreads.
We are NOT a “tipping service” our aim is to teach you how to trade for yourself.
For more up to the minute, updates do not forget to drop by the forum. Ashley is back from his travels and Thinus, Izhak & other senior members are happy to share with you and offer help & guidance.
Watch the video for more detailed explanations of this week’s analysis and trade plan.
If you would like to learn how to trade like a professional check out our 5* rated forex mentor program, RISK FREE; by clicking on the “Get Started Today” Button below