Courses Infomation
Forexmentor – Frank Paul – Fibonacci Swing Trader Foundation Course 2011 (Video, Manuals, 5.1 GB)
Forexmentor – Frank Paul – Fibonacci Swing Trader Foundation Course 2011 (Video, Manuals, 5.1 GB)
Fibonacci Swing Trader (FST) is an exciting foundation course and complementary advisory service available exclusively from Forexmentor.com. Whether you’re a newcomer to the markets looking for a system you can quickly make your own, or an experienced market-watcher hungry for a simpler and more effective trading ‘edge’, we believe we have the resources that can help you take your trading to the next level. Fibonacci Swing Trader methodology offers an unparalleled combination of effectiveness, simplicity of application, and superior Reward/Risk potential to the Forex trader. In fact, there’s no reason we can think of why this system can’t potentially become the cornerstone of your own trading program for the rest of your trading career – right out of the box!
The Fibonacci Swing Trader suite contains a foundation course and a daily advisory service. The foundation course is a fully narrated, richly illustrated video course designed to teach you step-by-step how to trade the FST methods. With a total running time of 631 minutes (over 10.5 hours), all aspects of this practical trading method are explained clearly and comprehensively, providing you the foundation to become an expert-level Swing Trader as quickly as you can roll up your shirtsleeves to master the content.
Fibonacci Swing Trader Foundation Course Preview
Module 1 – Introductory Overview
Module 2 – Personal Organization: Tools You Need
Module 3 – Trading System Overview
Module 4 – Step 1: Determine The Tradable Trend
Module 5 – Step 2: Hunt For A 4hr Corrective Setup
Module 6 – Step 3: Follow The 4hr Correction To Completion
Module 7 – Step 4: Assess Reward/Risk Potential
Module 8 – Step 5: Enter The Trade
Module 9 – Step 6: Seek A Late Entry Setup If Required
Module 10 – Step 7: Remove Risk From The Trade
Module 11 – Step 8: Assess Trade Results
Module 12 – Adapting The Paradigm To Other Trading styles
Module 13 – Ten Sample Swing Trade Setups
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 : Forexmentor – Frank Paul – Fibonacci Swing Trader Foundation Course 2011 (Video, Manuals, 5.1 GB)
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