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A Day In The Life Of A Forex Trader

Archive : A Day In The Life Of A Forex Trader

Now, here is your chance to get into the head of a Forex trader who makes money from over 90% of her day trades…for over 5 years!

Hello Forex Trader,

This is Vic Noble. As a personal Forex trading coach, I believe becoming consistently profitable should be the ultimate goal of any developing Forex trader. With consistency comes confidence, power and unlimited potential! If consistency is what you are striving for, we have some very exciting news to share with you…

– BONUS –
First 30 Orders Receive Access To An Exclusive Private Q/A Webinar with Shirley & Vic

By now, most of you are familiar with the consistent gains Shirley Hudson has generated in her personal Forex trading. Shirley’s success has led me to use her as a role model to demonstrate how developing traders can achieve the goal of consistent success.

It took monumental changes in her psychological mindset and technical approach, together with some personal mentoring to turn her trading around. Becoming consistently successful is a huge challenge. Most traders simply do not understand what it takes to get there.

Since Shirley joined the team at Forexmentor.com two years ago, she and her mentor Vic Noble have co-authored 2 of our most popular training resources. They have also hosted regular webinars and interacted with many of our members, all for the sole purpose of helping traders to achieve consistency in their trading.

However, many of you are looking to learn even more, and fast track your learning curve. We receive frequent requests to get personal mentoring and training from Vic and Shirley. Imagine being able to look over Shirley’s shoulder and see how she analyzes and takes trades, how she sets up her charts, takes profits, etc. But due to time and logistics involved, we haven’t been able to provide this type of live training…

Until now…

OUR FIRST EVER LIVE WORKSHOP

After much discussion and months of planning, we were able to finally conduct a live training event in Seattle in January of 2013. Unfortunately, if you are reading this, you have missed the live event. But don’t dispare, we have the entire event digitally recorded!

WHAT WAS THE PURPOSE OF THE WORKSHOP?

Vic and Shirley want to offer those who want to completely immerse yourselves in learning all the aspects of what has made Shirley such a successful trader. We designed a setting that encouraged dynamic interaction and hands-on learning. Our goal was that you come away from the workshop with concrete strategies you can use right away.

What you will learn

We will have an in-depth discussion of a day in the life of Shirley’s trading which will show you: 1) Her favorite Recurring Patterns & 2) The London Close Trade. You’ll learn, step by step, how to set up each day before it begins, and how to evaluate the day as it progresses. You’ll learn how to properly evaluate technical price action and global fundamentals. We’ll show you exactly how to lay out each trading day. You will get a chance to look over Shirley’s shoulder and see what she does to be so well prepared to take advantage of trade setups.

WHO IS IT FOR?

This workshop is recommended for those that have a good understanding of the basics of the Forex. It is very much intended for those who are familiar with their trading platform, have an understanding of basic chart reading, and are serious about taking their trading to the next level.

SPECIAL GUEST

Dave Deming – Author of “Driving Your Way to Success” joined us as a special guest speaker. Dave is a long time member who has become a master of trader psychology. He has completely transformed himself from a struggling trader to a trader who achieves consistent success. You will hear Dave share his valuable insights on every aspect of having the winning mindset.

WORKSHOP DETAILED AGENDA

Part I: FOUNDATIONAL KNOWLEDGE

- How to draw support/resistance (S/R)
- Review market flow
- Noble entry quick review
- S/R course quick review
- Drawing fib lines
- MACD and how we use it
- Bollinger Bands on the daily chart for trend bias
- ADR/ATR on the daily chart for average daily range
- Pivot points
- General Q&A

Part II: SETTING UP YOUR TRADING DAY

- Setting up your trading day
- Are you ready for the day physically?
- A word about yesterday and what we did to prep for today
- S/R all marked off ahead of time from higher time frames
- Reading the market environment and general sentiment for the day, and how this will influence your thinking
- The news we use and the news we avoid and a word about speakers
- Getting the daily trend bias (technically)
- Interpreting the daily trend bias (sometimes the best trade is against the DTB)
- Vic’s charts and words of wisdom

Part III: USING RECURRING PATTERNS

- Using recurring Forex patterns based on:
  – The type of day expected
  – The daily trend bias
  – The amount of movement in price in relation to the ADR
  – The time of day. (London open, NYRH, LCT or Asia/Singapore?
- Perspectives from a year of RFP trading with all patterns

Part IV: WINNING MINDSET – DAVE DEMING

- The Winning Mindset
- Shaping YOU for trading the Day in the Life
- Pair Personalities and their importance (Panel: Dave, Shirley & Vic)

Part V: THE VIC TRADE (Pattern #6)

- Why it is the most important pattern
  – In depth review
  – Will often set up in conjunction other patterns!
  – Vic Trade during London, New York Rush Hour (NYRH)and Asian session

Part VI: THE LONDON CLOSE TRADE

- Why trade at the London Close?
- Timeframe of the London Close Trade
- Key technical parameters
- Important lessons about trade management
- A trader’s perspective from past 3 years of trading the LCT’s

Part VII: PUTTING IT ALL TOGETHER

Following your game plan to success
Keys to generating consistent gains
Building a trading career that lasts
Q & A

ORDER THE FULL RECORDING IN HIGH RESOLUTION NOW!

(Availabe in both web and disc versions)

“I wanted to thank you both so very much for your unbridled enthusiasm and the genuine sincerity toward making me a consistently profitable trader. Your enthusiasm was contagious and the degree of professionalism maintained throughout the workshop was appreciated–and admirable!.. The real surprise came in Dave Deming! What a treat! Needless to say, I felt Dave Deming’s talk was spot on target and I hope everyone benefited from what he shared. Once again I must say……Well Done!” – Michael Skaggs

“I want to thank you from the bottom of my heart for a great seminar. I came back supercharged and ready to take on the markets. Meeting people from all walks of life who have actually made the leap and are successful traders gave me the inspiration I needed. Even though I thought I knew the material well there were several â€œah haâ€ moments that were worth twice the cost of admission.” – B. Killeen

Just wanted to tell you how much I enjoyed the workshop and meeting everyone. I have been struggling with my trading for a while. I have been trying too many methods and getting nowhere. I actually stopped trading for the hundredth time about five months ago leading up to the workshop, just tired of losing money and sleep. I had no direction. The workshop was worth more than the price of admission to me. Really enjoyed Shirley and Dave’s presentations too. Just a lot of great information; I learned something from all of you.” – I.R.

“Again, it was great meeting you again in Seattle. I learned a lot from the course and I am once again motivated to get my forex trading on track.” – Brian Leung

“Thanks Vic, Shirley and Dave. It was very nice to finally meet you guys (Dave again). I thought the event was just super and you guys did a great job. – Greg Jones

“Vic and Shirley, Thank you very much for putting on the workshop this past weekend. It was a great experience to learn from the both of you and also talk to such a â€œrangeâ€ of traders in the seminar. Greg (seminar attendee) was extremely helpful to me in a confidence perspective as well. I am already almost done with Trading in the Zone and have really enjoyed that too (thanks Dave for donating a copy!). Basically, I just want to let you know that I think you both put on a great seminar and it was well worth the price of admission and a cross-country trip!” – Bill Cibulas

“I attended the workshop that you and Shirley Hudson hosted on Saturday in Seattle, which I enjoyed very much and gained a lot of new information from.” – Charles Wolthausen

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

Salepage : A Day In The Life Of A Forex Trader