FXTE – Advanced Forex Online Trading Course – Jimmy Young & Ross Beck – AFO-08 – 20091019 –  Complete 6 Months Live Online Seminar

Once you understand the basic mechanics of the Forex market and the systems that work best for the market, you’re ready for the FXTE Advanced Forex Trading Course.  In this dynamic six-month long course, you’ll examine the logic behind the systems presented at the Intermediate Forex Trading Course and applied in the FXTE Trade Tactics Online Coaching program. Plus, you will be able to:

– Improve your ability to control risk and boost performance with leverage and position sizing. **
– Profit from tracking and trading the key market drivers
– Refine your skills to master cross currency trades
– Learn how to use advanced technical patterns for entries and exits, including more on Gartley, Fibonacci, butterfly and many others
– Spot policy shifts in statements from government officials both in the U.S. and foreign countries – and profit from them
– Discover advanced option trading ideas and strategies that will work for you and much more!

01 – 20091019 – The Best Currency to Buy & The Best Currency to Sell – Right Now.avi
02 – 20091102 – Time Analysis – Time & Price Retracements – Fibonacci & Gann Numbers.avi
03 – 20091123 – Wolfe Wave – Parallel Channels – Parallel Lines for EndofWaveC (EOWC).avi
04 – 20091130 – Live Trading Session with Jimmy Young.avi
05 – 20091214 – 100% System Trader – No Discretion.avi
06 – 20100104 – Making Money with Andrews Pitchforks.avi
07 – 20100118 – Carry Trade.avi
08 – 20100201 – Forecasting with Market Geometry – Circles & Triangles.avi
09 – 20100215 – Trading Across Multiple Time Frames.avi

10 – 20100301 – Secrets of WD Gann – Gann Market Geometry.avi

11 – 20100315 – Students Questions.avi
12 – 20100329 – How to Become a Professional Money Manager.avi

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.