Forex Market Snapshot Video Tutorials

Posted July 2nd, 2010 by Rapid Forex 15 Comments »

Recently, I wrote a post called the Forex Trading Market Snapshot to show you how to spot forex trading opportunities among the various timeframes of the six major currency pairs.

Market Snapshot Videos

Many of the bootcamp members have had questions about filling in the market snapshot worksheet, so I created 2 video tutorials to explain how I get the symbols I get.

In the original post, I gave some guidelines for filling in the sheet. This made things a little more complicated than I had planned… After thinking about it more deeply & reflecting on what I actually do (the market snapshot was a new tool I created to help you see market patterns), I’ve simplified it.

The New Market Snapshot Guidelines

Use technical analysis to determine whether there is currently an uptrend +, downtrend -, or consolidation (aka no-trend) o.

For the market snapshot worksheet, it’s not important to get the wave in the right pattern, because it will rarely line up. Instead, make sure the entire wave is point in a certain direction. When you look for a trade, you’ll look for the right wave pattern…

Note: You may fill in the market snapshot differently than I do. It’s ok. In some cases there will be a difference of opinion. If you don’t know, put a o. You will get better at this as you continue learning & watching the trades that I do throughout the rest of the bootcamp.

Market Snapshot Video (part 1)

This video shows you how to determine the +, – & o’s on the market snapshot worksheet.

Market Snapshot Video (part 2)

This video shows you how to shade in the boxes so you can look at forex trading opportunities in the market snapshot worksheet.

Tags: forex sailing, forex trading bootcamp, market snapshot worksheet, online forex trading Posted in 90 Day Forex Trading Bootcamp, Forex Sailing

15 Responses to “Forex Market Snapshot Video Tutorials”

Anthony Says:
July 2nd, 2010 at 3:03 pm
Thanks that helped a lot. Now I just need to practice.

[Reply]
toyin Says:
July 2nd, 2010 at 11:44 pm
Well, for those of us who somehow still see blank space on this page instead of video, I am eagerly waiting for the download link promised to live members of the bootcamp.
Cheers

[Reply]
Rapid Forex Reply:
July 3rd, 2010 at 12:40 pm
@Toyin – thanks for your patience. The download links are coming. It wasn’t part of my original plan, it’s an accommodation for people in censored countries. Thank you for waiting.

[Reply]
John Lester Says:
July 3rd, 2010 at 3:13 am
Hi Brian,
Thanks for the videos, I have a better hang of this now. They say a picture is better than a thousand words. A video is more so.
A question I have, is where is the best place to contact you in order to ask questions as I have put a couple and had no response, so am wondering whether I have sent to proper place. I also appreciate that you are very busy with this. But I had a very important one about position sizing as I lost out on last trade.

[Reply]
Rapid Forex Reply:
July 3rd, 2010 at 12:39 pm
@John – thank you. The best place to ask questions is as a comment on the live blog or the rapid forex blog. I’m not able to answer every question, especially the dozens where people want me to look at a particular trade. I simply don’t have the time for that. So my policy is that I won’t comment on a trade that’s not one of the ones that I post.

At the same time, I do read every comment. If I notice a bunch of people asking a question about a topic, it’ll be covered on the blog. If you can keep your questions confined to the trades that I post, we’ll cover every possible outcome during the remaining 75 days of the bootcamp.

[Reply]
Regit Reply:
July 4th, 2010 at 12:09 am
@Brian-Perhaps you could start another blog for members to post questions about any specific trades that are not included in the trades that you are posting. Other members can then comment on it. You would not need to be involved at all in making a reply. That way, there is at least the possiblity of some kind of commentary to a trade question by other members sharing their insights.

[Reply]
Rapid Forex Reply:
July 21st, 2010 at 1:04 pm
@Regit – Thanks for the suggestion. I was thinking about this. I can allow members to post to the same blog, I’d simply moderate it to scan & make sure it looks good. Let me think about it to make sure it’s something I want to do, but it is a good idea. Thanks
Faye M Says:
July 3rd, 2010 at 3:22 am
Hi Brian,

Please, do not speed up the pace as it is now summer time and a lot of people, including myself, have made plans to take off part of the summer.

Here, I believe we have a good Short trade (USD/JPY) waiting for us, unfortunately, I will not be able to follow it because of my earlier summer commitments.

Have a great 4th of July,

Faye

[Reply]
Rapid Forex Reply:
July 3rd, 2010 at 12:36 pm
@Faye – thanks for expressing that. Don’t worry, the pace will remain comfortable. No more than two trades at once I promise…

[Reply]
dj Says:
July 3rd, 2010 at 6:21 am
Hello mr. Brian,
thanks for that Videos. Please, when recording a new video, please speak slowly and clearly, because you speak to fast for me. I have a little problem with understand you. But a big congratulation to you for your bootcamp, you are the big boss. regards, DJ

[Reply]
Rapid Forex Reply:
July 3rd, 2010 at 12:35 pm
@DJ – that is my normal speaking voice. I will take that into consideration. I guess there is a language barrier that we need to overcome.

[Reply]
John G Says:
July 4th, 2010 at 2:11 am
These two videio’s brought needed clarification that was much needed thank you

[Reply]
mickal Says:
July 4th, 2010 at 6:15 am
Hi Brian

Thank’s for the video, i got the fib calculator but not the snapshot worksheet. can i get it somewhere ?

thank you

[Reply]
Rapid Forex Reply:
July 7th, 2010 at 1:26 pm
@Mickal – the snapshot is visible from the top menu bar of the website, you can also access it with this link.

[Reply]
mickal Says:
July 8th, 2010 at 6:27 am
thsnk’s alot, i get it

[Reply]