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Posted on July 9th, 2010
by Rapid Forex
When people get excited about forex trading, they instantly get dazzled about making thousands of dollars a day trading the forex. While this is exciting, there’s another factor involved that few forex trading courses will even mention…
One word that’s critically important to your success as a forex trader…
Patience!
If you want to be at the right place at the right time, you will need a level of patience for forex trading.
Sometimes the forex moves quickly, like when I got stopped out for a 28 pip loss in less than an hour on the usd/chf a few days ago… Or yesterday when I watched a currency pair for over 24 hours with the live members and it was like watching grass grow…
Hunting for Pips
Forex trading is a lot like hunting. You go out and look for places where the animal might go (look for a wave pattern), then you sit in the tree (watch your computer) and wait for the animal to walk into your kill zone (retrace to the 68.2% level).
You’re not guaranteed to catch or kill anything, sometimes you can sit there all day and nothing happens. Sometimes the prey falls almost within your sites, but you just can’t get a clear shot…
Drawing Lines and Waiting
A skilled forex trader will look at the charts as they are & imagine what would have to happen on a price chart for a trade to be possible.
The he/she will draw the appropriate trendlines & channel lines and wait…
The market will often not do what the trader is looking for, this is ok because the skilled forex trader will wait for the right situation to emerge before entering the trade.
The Imagination of a Trader
Here’s a tip for you to become an expert forex trader as quickly as you would like to.
When looking at charts, imagine what would have to happen for the currency pair to present a trading opportunity. You have a powerful fibonacci wave theory in the forex sailing course.
If there is a consolidation, imagine a new wave breaking out of the channel (or triangle) either up or down. If this breakout occurs, would it be compatible with the direction of the charts in other timeframes? Would one of these waves be tradeable?
If you have a trend, do the same thing. You can imagine a trend continuation, or a reversal. Which one is the opportunity that you’d be willing to trade.
Draw some lines on your charts and look for where you would enter, or where you’d stop watching and look somewhere else.
After you go through this process in your mind, watch what happens. If your ideal trading situation happens, enter the trade. If it doesn’t, look for a new trading possibility…
As a professional forex trader, I’m always watching some currency pair closely. I’ll be continuing to share this watching & waiting analysis with the live forex trading members, as well as when I actually enter a trade.
Posted in
90 Day Forex Trading Bootcamp, Forex Trading Mindset
Posted on May 27th, 2010
by Rapid Forex
With the release of Forex Sailing video #6, the basic Forex Sailing course is now complete!
Does Forex Sailing Really Work?
Although this course has been out for less than a week, I’m already receiving some very positive comments about the Forex Sailing online trading video course. Here are a few of your unedited comments:
“Brian, thanks for your previous books and this lectures. Forex is becoming to me like open book thanks to you. And this sailing – it’s just looks fantasy to be so simple and it works. And thank you for videos, I did understand some things wrong when just written, video makes it so much real. Thank you again!”
Maks (click here to read original comment & leave your own)
“Hi Brian, Thank you for the spread sheet. Even though I thought I knew about the 38% & the 62% levels & how to use them, for some reason when ever I pick the direction & place a trade. You could gaurantee it would go the other way. So much so that I thought I should REVERSE TRADE. What ever direction I thought the trade would go, I should trade in the opposite direction. Looking back I would have made a fortune. Lucky for me I have only been using a DEMO account. Anyhow after getting your FREE calculator & playing wth it for a little while.last night I decided to get a new 50k demo account & start afresh & only trade when your calculator says GO. I have been using the 4hr & 1hr charts. I have stopped trading tonight at 7pm australian time about 24hrs since first starting. This includes sleeping & going to work for a while. I am so pleased to say my DEMO account is up $6,640.00. I think I am even starting to see the trades now even without the calculator!!!! I hope my trading has finally turned a corner. I’m looking forward to your BOOT CAMP now.
THANKS AGAIN.
Regards Steve” (click to read original comment & leave your own)
“Brian, I just made $1500 on my demo account using some of your strategies. Thank you for the e-course. I look forward to more. I will continue with the demo and apply the strategies.
Thank you again,
Sharon” (click here to read original comment & leave your own)
These are just a few of the many positive comments that you’ve been sharing with me regarding the free forex trading method that I like to call “Forex Sailing.”
Online Forex Trading Made Easy
Forex Sailing is truly the culmination of my 13 years of studying other trading systems and looking at forex price charts. I believe that this course is already far more valuable than other courses charging $500+.
IN FACT, I USED TO SELL A WRITTEN VERSION OF THIS COURSE FOR $597!
This version is much better 
But, it’s only valuable if you use it!
Here is a quick list of the Forex Sailing video course:
- Fibonacci Calculator Download – free tool to do the Forex Sailing fibonacci calculations for you. This is also a teaching aid so you can see what a Forex Sailing trade looks like before you do it!
- Forex Sailing Video #1 -Introduction to fibonacci waves (the basic forex price movement)
- Forex Sailing Video #2 -Fibonacci wave zones provide price targets for online forex trading.
- Forex Sailing Video #3 – Forex Sailing method described in detail.
- Forex Sailing Video #4 – Detailed example of a complete Forex Sailing analysis on the EUR/USD for 1,107 pips!
- Forex Sailing Video #5 – The money management & risk control plan for Forex Sailing (only takes 1 second).
- Forex Sailing Video #6 – Another full example of a Forex Sailing trade that moved 400 pips recently on the AUD/USD (potentially revealing a current new trade).
Advanced Forex Sailing Course
These 6 videos complete the Basic Forex Sailing course. Soon I’ll be releasing some advanced Forex Sailing videos.
I’m deliberately waiting to release these so you learn the basic method before giving you advanced techniques. After all, you have to walk before you run…
Learn Forex Sailing Now
This course has intentionally been kept as short as possible. In fact, the total course is approximately 75 minutes long.
Rather than watching a movie, take your next free hour and 15 minutes to learn online forex trading once and for all!
Posted in
Forex Sailing, News
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