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Market Maker’s Method Dec 2010 by Steve Mauro
Market Maker’s Method Dec 2010 by Steve Mauro
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Description
A system purveyor named Steve Mauro is promoting seminars that teach what he calls the Market Maker’s Method. The system relies on a paradigm of market action, in presumed control of market makers, who use the Asian session as a period of consolidation and accumulation, followed by a stop hunting breakout in the opposite of the day’s intended market direction, the latter setting the high or low of the day, followed by 6-8 hours of the market moving slowly in the opposite direction, culminating in a backing off from the new high or low set, and a renewed period of market consolidation.
Jason, , Australia
“ Steve has simply the best trading system in the market to date. I have taken his teachings and despite what anyone else has to say, he is worth every cent of his time and energy. The man is a kind, genuine person that has no necessity to teach students, other than helping people in the business of making money…What some of you sceptical idiots don’t realise is that this is the single, biggest business in the world. People begin trading and expect it to be easy, if it was everyone would do it. So before you criticise Steve for being a genuine passionate man that has changed my life for ever, realise that as Steve states there are variations on the theme and you will only understand this if you do the work needed to learn the business. Like any other business, you will only get out what you put in. Do you think the market makers want you to beat them? Nooooo!
Cheers ”
Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
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 : Market Maker’s Method Dec 2010 by Steve Mauro
About Author
Steve Mauro is a FOREX expert specializing in the concept of “market makers,” a group of elite traders who control price action against the smaller retail traders. He is the sole educator and instructor for Market Maker’s FOREX, a website that he owns and operates.
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