Author: Rob Taylor

How To Trade A Forex Account From 100k to One Million In 3 Months Part Time.

Rob Taylor

Scalping Strategy

I forgot that I did this challenge at the beginning of this year. I was going to put a post on the site at the time but it slipped my mind. So here it is, better late than never I suppose.

I was set a challenge by a trader I know to turn 100k into 1 million. I don’t usually take on challenges but i did on this occasion.

We both started with a 100k demo account in Feb this year. It took me until April to do it, but I was only trading part time. He could not manage to do it, and ended up giving up on the challenge. He was not trained by me I might add. 🙂

As you can see from the statement I took 108 trades with 108 winners.

I have not posted the full statement as its too big. I have just posted the start and the end. The full statement is available if required.

If you click on the statements you should be able to see them a bit bigger.

Forex Trading Statement

Forex Statement

I could have reached the 1 million target a lot quicker if i had compounded, but i wanted to show at least 100 trades so people can see its not a fluke.

The strategy I used to do this challenge is my number 1 scalping strategy.

Now please don’t get me wrong. I have not posted this statement to brag or belittle any of you traders out there. I have posted it to show struggling traders who think that its impossible to make a living from trading that it is possible, if you know what you are doing.

I am living proof that you can make a success of trading, but you need to be educated by someone that is successful.

You wont learn to trade by watching You Tube videos, or listening to all the rubbish that the so called trading gurus are feeding you.

If you want to learn my number 1 scalping strategy please click here.

Don’t let 2018 be another losing year.

Group Forex Training Courses Now Available In Shrewsbury.

Rob Taylor

Group Forex Training Sessions
After a number of emails from potential students asking me if i would consider live in person training, i have decided to expand my operation.

I have opened a live trading room in my hometown of Shrewsbury, where I am offering traders the opportunity to meet me in person, and take my training course in my live trading room.

To see the benefits of learning to trade with a professional Forex trader please click here.

Why are you offering this service?

Some traders do not feel comfortable with online training sessions, as they feel that the educator is hiding behind a computer, and cannot be held accountable for his actions. I have always maintained my reputation by offering traders unrivaled Forex trading education that is profitable in all market conditions, and I have never had any complaints about the quality of the education I provide.

Having said that, I do feel that I need to offer some traders an alternative to online training, soI have decided to do just that, and group Forex training sessions are now available to traders that prefer to learn in a live trading environment.

How long does the course last and what does it cost?

The training course will be 15 hours over 3 full days followed by 3 months of one to one online mentoring/support. The course is suitable for new or experienced traders, but your level of experience will determine who will be in your group. If you are a new trader i will generally try to put you into a group with other new traders, and experienced traders will be put with other experienced traders. So everyone will get the full benefit from the course.

The cost of the course is £4995 and will include 2 nights accommodation in Shrewsbury, lunch, and refreshments for the 3 days.

Free refresher course if needed.

All traders that take this course will also have the option to take the course again FOR FREE anytime within the 3-month mentoring period if they feel that they need to.

The course is very comprehensive and gives you a full understanding of the Forex market and how to consistently profit from it. There is a lot to digest in 3 days, and I want everyone that takes this course to have the best opportunity for success, this is why I am offering the FREE refresher if needed.

The free refresher will be subject to availability. Accommodation will not be included, but lunch and refreshments will be. And they say there is no such thing as a free lunch. 🙂

Traders that wish to retake the course for free will be given the first available place, on the first available training course within the 3 month period.

Limited availability.

The training courses will be limited to a maximum of 6 traders per course, and they are available on a first come first served basis. So if your goal is to become a full-time professional trader, and you wish to be educated by the best training provider in the industry, (yes its a bold claim I know, but its the truth) then please contact me now. You can reserve your place with a £1000 deposit.

Please note:

Online one to one training is still available for traders that wish to take that option. This not a replacement of the online course, it is an alternative offering to the online course.

As with all of my training courses you will be required to sign a non-disclosure agreement, that prevents you from sharing the information I give you with anyone other than people that have taken my course.

For more information on availability please contact me now.

My Number One Forex Trading Strategy Is Now Automated.

Rob Taylor

Number One Forex Trading StrategyHow amazing would it be to be able to learn a great Forex trading strategy, and to make money on autopilot while you are learning it. Well now you can.

After many years of development my number one Forex trading strategy is now automated.

I have for a number of years been looking at ways to automate what i do. As i am getting older i am less inclined to sit in front of the charts all day looking for trading opportunities, but i still want to make money in the markets. So the answer was to automate my trading, so i don’t have to chart watch all day.

Automating my strategy.

Automating a strategy that is based on indicators is quite easy to do. But we all know that indicators don’t work, and this is why all the expert advisors EA’s that are available for retail traders lose money.

The way i trade is not based on indicators. Its based on market knowledge, and on finding key reversal levels in the market, then entering and exiting trades based on those levels. So building an expert advisor that is not relying on some sort of indicators is an impossible job to do. EA’s do not use discretion to enter the market, they just do what you tell them to do. So you have to set parameters for an EA to understand.

So the first job was to work out how i could define my strategy by way of parameters, and to build those parameters for the EA to recognize. This job was probably the hardest of them all. I had to think of ways to put my thought processes on a chart for an EA to be able to see. From the initial idea to actually building the parameters took around 2 years of work. When the parameters were built i then had to think about how to incorporate them into an EA. This took another 6 months of work before i was happy that the EA was doing what i wanted it to do.

Throughout the whole process I have been working with an excellent developer, who has managed to turn my thought processes and trading ideas into an automated expert advisor. Something that i never thought was possible a few years ago, is now a fully functional EA that is capable of scanning the markets for high probability trading opportunities, and trading those high probability opportunities automatically.

I would like to extend my thanks to my developer, for all your hard work in making this possible.

The benefits of using my EA.

As well as freeing up a lot of time for me, i actually make more money by using the EA, as the automation of my strategy does not need me to spend time scanning the charts for trade set ups. And when i am in a trade i can fully manage it, without having to look for other trading opportunities, as the EA is doing that for me. So i get into more trades, with less work, and more profit. And as the EA is trading based on my rules, its not going to miss any trades, or miss something that is going to effect the outcome of the trade.

It does not matter how good you are at scanning the charts you can always miss something. But not anymore. The EA does all the hard work, and i don’t have to look at a chart at all if i don’t want to, until my orders are live in the market.

Its a very useful addition for traders that do not have the time to sit in front of the charts all day waiting for a set up. You can set an alert to notify you that a trade has executed. You can then either leave it to play out, or manage it if you want more control.

On the subject of management, the EA is fully equipped with all the functionality to enable you to set your own risk profile, and your own money management. When its set up to your desired level of risk, it will enter the market at my high probability reversal levels, with a stop loss and take profit automatically added to the trade. You do have the option to trade without a stop loss, or a take profit, if that’s what you prefer. You also have the option to move the stop loss and take profit levels, if you want to manage the trades yourself. The EA can be used on any pair and on any time frame.

So how do you get your hands on this automated money making machine 🙂 Well the bad news is that the EA is only available to traders that have taken either the 15 or the 30 hour training course. The cost of the EA when you have taken the course is £1995.

For more information on my training courses please click here.

Why Its Virtually Impossible To Make Money As A Retail Trader.

Rob Taylor

Make Money As A Retail TraderI say virtually impossible. It is possible to make money as a retail trader but the odds are firmly stacked against you. The statistics show that only 5% of retail traders make money consistently, but in reality the chances of success are probably less than 3%.

So taking into account that only 3% of traders that start out on this journey, achieve consistent profitability, why do so many people still want to get involved in Forex trading.

Well i suppose its for the same reason that people play the lottery. I don’t play the lottery by the way. I have no desire to throw away my money on a 50 million to 1 shot.

But taking into account the odds of lottery success, Forex trading success is a much better option.

Financial freedom, working hours that suit, spending more time with friends and family, working from home, being your own boss. These are all reasons why people get involved in Forex trading.

All of these reasons are valid, and attainable as a Forex trader, but they come at a price. Nothing in life is free, but you get out what you put in.

Determination, desire, discipline, dedication, are qualities that you need to be successful, but without education the other qualities will not be enough for Forex trading success.

Why is it so hard to succeed as a retail trader?

Here are some reasons why retail traders fail to make it in this business.

Not enough capital.

This is something that causes a lot of traders to fail. Most retail traders are sold a dream, a dream that they can turn a 100 bucks into a million bucks, when in fact that really is not how trading works at all.

not enough capitalIf you only have a 100 bucks to fund your account, just forget live trading, because you will only lose your 100 bucks. If you go down the same route as the majority of traders, then you will probably blow a min of 3 trading accounts before you get to any sort of consistent profitability. That’s if you are lucky.

Top tip: Divide your start up capital into 4 lots, and open your first account with a quarter of your start up capital. You then have enough money to fund 3 blown accounts, and still have something left to trade with.

Poor trading education.

If you have enough capital to fund 4 trading accounts then getting the correct education is a must to give you any real chance of success. Everyone thinks you can teach yourself how to trade by reading books, or watching trading videos on YouTube. Although you may be able to learn the basics this way, you can only be successful in the Forex business if you are educated by a professional trader.
trading education

This job is a lot harder than it looks, and paying a professional to teach you how to trade correctly is the only way in my opinion that you can move forward and get consistently profitable in your trading.

You want to make money in this business, and you want to be able to do it in as little time as possible. By trying to teach yourself to trade you are doing the complete opposite. You will lose money, and you will lose time. The only thing you will gain is stress.

Investing in a professional Forex training program will save you a lot of money, a lot of time, and a lot of stress.

Lack of discipline.

Discipline is something that a lot of traders struggle with. Fear and greed is one of the biggest reasons why traders fail. Having the knowledge needed to be successful will not be enough if you cannot control your discipline.
how to control fear and greedWarren Buffet is probably the best example of a trader that is 100% unaffected by fear and greed issues.
He is one of the richest guys in the world but he has not made his money by being greedy, or by being fearful. He has made his money be being clever, and very well informed.

Its a lot easier to control fear and greed issues if you have the correct education, but it can still cause traders problems.

I like to think of trading in the way you cross a busy road. If you have not been taught how to successfully cross the road, the chances of getting squashed by a bus are very high, but even when you know how to cross the road, there is still a temptation to go for a small gap in the traffic, and try to make it to the other side without waiting for the road to become clear so you can cross safely.

Trading is about waiting for the road to become clear, so you can trade safely.

False beliefs about the market and how it works.

Most of the education available to retail traders either online, in books, or in other training courses is poor to say the least. Some of it is bordering on madness to be honest, but traders still pay for, and dedicate time to learning this crap, and it will not help them one bit in their trading journey.
false beliefs about how the market works
Some well respected Forex training providers have no idea how the market really works, and importing this knowledge into traders heads is leading to false beliefs about the market and how to trade it. These false beliefs will make it impossible for a trader to make money consistently.

But because the trader does not know that what he or she believes is false, they blame their failures on a lack of discipline, when in fact the problem is a lack of knowledge.

So whats the answer?

Well the answer is to hire a professional trader like myself to teach you how to trade. And if you think its too expensive to hire a professional trader, just think about how much it will cost you if you hire an amateur.

Thanks for visiting my blog, have a great day. 🙂

What Do You Need To Be A Successful Forex Trader?

Rob Taylor

What Do You Need To Be A Successful Forex Trader Successful Forex traders are a rare breed. Only 5% of retail traders actually make money in the markets consistently.

But consistent profitability is the goal that all retail traders aspire to.

So what do you really need to be a successful Forex trader? This is what i think you need.

1. A Professional Trading Strategy.

Without a professional trading strategy you will really struggle to be consistently profitable. There are many retail trader strategies available to you, but they are all constructed with beliefs about the markets that are incorrect.

The foundations of all good strategies have to be built with a sound understanding of how the markets work. If you have that understanding built into your strategy, then you will have a much greater chance of success. If you build something without a solid foundation it will fail.

2. A Trading Edge.

You will hear this a lot on retail trading websites. An edge is an advantage that traders look for to give them a head start on the competition. Many retail traders believe that they have found, or need to find, something in the market that no one else has previously found, and that will be their trading edge.

Let me just say this for the record. Stop wasting your time trying to find an edge. Your edge is knowing how professional traders trade the markets, and trading the way they trade. If you continue to trade like a retail trader, then you will never find the edge you are looking for, and you will continue to lose money. Knowing how to trade correctly, combined with a professional trading strategy, is the only edge you will ever need.

3. A Professional Approach.

So you know how to trade correctly, you have your professional trading strategy, so you have your trading edge. What you now need to tie it all together is a professional approach.

This can be a problem for some traders. Everyone wants to get into the markets, make their money and get out again. If you have the understanding of the markets needed to be successful, and you have a professional strategy, then its perfectly reasonable to expect to do this on every trade, but its not going to happen on every trade.

Sometimes you have to wait for the correct entry, or the correct exit. You cannot just jump in and out of the market and expect to make money. This is not how professionals trade. A professional trader will wait until the odds of success are firmly weighted in his or her favor, before entering the market. The chances of a successful trade are then much greater.

4. Professional Risk Management.

A professional approach requires you to manage risk. Every time you enter the market you are taking a risk. If that risk is adequately managed, then over time with a good strategy you will make money consistently. Jumping into the markets with 10 lots and no stop loss when you have 5k in your trading account, is not adequately managing risk.

Retail traders are fixated on how much they can make in the markets. Professional traders are fixated on how much they can lose in the markets. If you lose less, you make make more. Just knowing the correct place to put your stop loss will save you money. Whats the point in getting stopped out for 20 pips on every losing trade, when you can get stopped out for 12, or 16. Losing less will make you more.

5. Capital Preservation.

Capital preservation is a major part of risk management. If you have more capital, you can make more money with less risk, if you have less capital you make less money with more risk. So you need to manage risk effectively in order to increase you capital balance over time.

Is it better to make 10% per year on a billion dollar fund with a low risk approach, or better to make 100% per year on a 100k fund with a high risk approach? Its not rocket science is it? This is why the top hedge funds are never short of people willing to invest, because they know how to generate good returns by managing risk, and preserving capital.

I hope this article has given you some insight into how i like to approach the markets.

If you wish to learn how to trade Forex using professional trader strategies, please consider my Forex training and mentoring course.

If you enjoyed this article please feel free to like it or share it. Thanks for visiting my blog. Have a great day. 🙂

My New Forex Training course.

Rob Taylor

New Forex Training courseAs some of you already know i recently launched a new Forex training course called learn to trade in 5 days, and i just thought i would post an update on how that’s going.

The course teaches my number one trading strategy and is an alternative and more affordable offering to the full 15 or 30-hour courses in which I teach all of my strategies.

I had a good feeling about it when I decided to do offer it, and the response to it has been very encouraging.

I would like to thank everyone that has signed up for the course so far. Some traders have taken the course already, and some are waiting to start.

The feedback I am getting from the people that have taken the course is very good indeed, as is the feedback from the 15 and the 30-hour courses. I have had a couple of traders say that I need to post some feedback on the site to let others know how good my stuff is.

Now I am not the type of person that goes in for pages of made up feedback testimonials to encourage people to part with their hard earned, but having a few genuine testimonials from real traders who genuinely want others to benefit from what I teach, is only going to be a good thing.

I have many visitors to the site, that look at my courses, but for whatever reason, probably the price 🙂 decide not to contact me. Now let me just say this to all of those people that visit the site and click away.

If its the price, then I understand. If it’s not affordable then what else can you do. But to those people that can afford to pay me to teach them, I would like to say this. Please please please please please do not get me confused with all the other charlatan educators out there. If you have been scammed, ripped off, cheated out of your money by these crooks, then I feel very sorry for you, but I am not one of them.

I had an email from a guy yesterday that had paid over £20,000 in the last 5 years to these crooks. He is now having to take out loans to pay for his healthcare because he’s lost all his money. It makes me sick, it really does. These people do not hide in the shadows, waiting to pounce. They are all there in plain sight, so-called professional traders with flashy websites telling you how good they are, and how many people they have successfully taught how to trade.

I am not going to name them as they will probably sue me. They have very lucrative training businesses to protect after all. Please don’t fall for their lies. These people do not care how much money they take off people, or how many lives they ruin, they are not professional traders, they are con men pure and simple. If you want to learn how to trade you have to pay a real professional trader to teach you, not a professional marketing guru.

What I am offering to teach you, you will not get anywhere else. What I can teach you about this business will change your life. If you want to be a successful profitable trader then email me, give me a call, or Skype me, and listen to what I have to say.

I will be getting together some testimonial’s/feedback for the new training course next week. So please check those out when they are on the site. Once again I would like to thank those who have put their trust in me. I have enjoyed teaching you, but not as much as you have enjoyed learning from me. 😉

Thanks for visiting my blog, and have a fantastic weekend.

10.01.2017. Reviews can now been seen here

Forex Trading The Easy Way.

Rob Taylor

Forex Trading The Hard Way.

Lets get one thing straight before i start. Forex trading is not easy. It looks easy, but if you have been trading for some time, you will know that it is probably one of the hardest things you have ever tried to do. But learning to trade Forex is as easy or as hard as you make it.

Easy Or HardI liken learning to trade the Forex market, to learning a foreign language, but instead of learning French or Spanish you are learning all the languages of the world at the same time. Now how hard would that be? About as hard as learning to trade Forex. 🙂

It does not have to be that way though. I did it the hard way with 1000’s of hours of chart study, but i am a bit like a dog with a bone. When i put my mind to something i have to accomplish it. I don’t care how long it takes, or how many knock backs i get, and let me tell you i have had many knock backs. I probably blew 3 live accounts before i cracked it.

There is no shame in that i can tell you. Blowing one account is bad enough, and most people give up there, but i was determined to succeed, and succeed i did. The hard way.

Forex Trading The Easy Way.

But there is an easy way. You pay someone like me to teach you how to trade, its as simple as that really. Paying me to teach you how to trade like a professional trader, may seem like the cheats way out, and yes it is, but think about it this way.

I have blown the trading accounts, so you don’t have to.
I have done the 1000’s of hours of chart study, so you don’t have to.
I have got up at 5am and gone to bed at 1am, so you don’t have to.
I have fallen out with with my wife many times, so you don’t have to.
I have learned to trade the hard way, so you really don’t have to.

Money Making MachineI am not saying you are not going to have to make sacrifices. Yes you will have to spend time studying charts, maybe after a hard days work, maybe at weekends. Yes you will have to have the desire to be successful. Yes you will have to learn how to trade. I am not handing you a fool proof plan, you will have to learn, but you will be learning the easy way, not the hard way as i did.

It may take you 3 months, it may take you 6 months, it may take you 12 months to become consistently profitable. How long it takes you is determined by how hard you work. But if you are prepared to work hard, and you really want to succeed at this business. I can give you something very special that will change your life.

I can give you the keys to the money making machine that is Forex. All you have to do is learn how to switch it on. 🙂

Thanks for visiting my site, and have a great day.

How Much Time Are You Going To Waste? How Much Money Are You Going To lose?

Rob Taylor

Professional Forex TraderSome statistics for you to consider.

95% of retail Forex traders lose money.

Most retail traders blow a min of 3 trading accounts before they give up.

Apx 50% of retail traders give up within the first 6 months.

Of the 50% that are left apx 90% of them give up within 2 years. Of the 10% that are left around 30% will go on to achieve consistent profitability.

The average length of time it takes a retail trader who sticks it out to get to consistent profitability is 6 years.

Not great stats are they?

Why are these stats so bad?

I was watching a YouTube video the other day of a so called professional trader who said that he did not know how institutional traders trade. He also said that brokers do not put retail orders in the market, but just write them down on a piece of paper. There were over 200 people watching his live feed trying to learn from him. How are you ever going to make money listening to people like that, and the internet is full of these clowns.

You are not going to learn how to trade by watching YouTube videos.

I was sent this email the other day from a marketing company telling me about this fantastic trader.

Hi Rob,

I wanted to give you one last reminder to get started with xxxx’s trading room. His $7 trial is ending in just a few hours (midnight TONIGHT).

Look I’ve been in this industry for a few decades now, and I’ve seen all sorts of rapscallions trying to bamboozle you into joining something to steal your hard-earned income.

That is not the case here.

We’re offering to give you full access to a legendary trader (xxxx xxxx) for just $7 for an entire 7 days.

Think about what it would cost to pay someone like this to be your coach. Most people of his caliber are charging a MINIMUM of $1,000 per hour.

That’s $40k for a week… and we’re giving you access for just $7.

Why?

It’s pretty simple.

We know that many of you will continue to stay on as members, paying just $197/mo for access to his trading room (which is a steal in itself!). The $7 is simply to weed out those who are actually serious about this, from those who aren’t.

And I want to reassure you that if this trading room isn’t for you… just cancel it within that first 7 days and you’ll never be charged again. It’s easy to cancel – just email his support team. There’s no trickery here.

Go here to get started now.

Remember, this offer ends at midnight tonight, just a few hours from now.

So people of his caliber charge a min of 1000 bucks an hour, but he’s charging 7 bucks a week, then 197 a month. Why do people fall for this crap. If he was worth a 1000 bucks an hour that’s what he would be charging.

And if he is such an amazing trader, why would you decide that his trading room is not for you?

Read the title of this article again and think about this statistic.

90% of successful professional traders have been trained by another successful professional trader.

Don’t waste any more time or money. For more information on my Forex training and mentoring program please click here.

Is Fundamental Analysis Better Than Technical Analysis?

Rob Taylor

is fundamental analysis better than technical analysisI am not going to name names here, but i was watching a video from a well respected Forex training provider today, and it prompted me to write this article.

His training course is heavily weighted towards the premise that you will have more success if you use fundamental analysis rather than technical analysis.

The provider stated that professional traders, hedge funds, investment banks etc, are 80% fundamental and 20% technical. All of their trading decisions are based on macroeconomics and they are just using a 20% technical approach to help with market entries.

Now this is all perfectly reasonable, and i teach fundamental as well as technical analysis in my training course, but is fundamental analysis better than technical analysis? I don’t think it is.

Fundamental analysis will only give you an opinion of the market direction, and opinion is subjective. Sometimes your opinion is correct, and sometimes its incorrect. Just because you think something is going to happen, does not mean it will happen.

There has been a strong fundamental case for a number of months now, for the BOJ to expand on monetary easing, but they have not done it as yet. So if you have been buying yen pairs based on that, then you are in a bit of bother right now.

Putting fundamental analysis to the ultimate test.

Now is a great time to put fundamental analysis to the ultimate test. Lets take the Brexit vote for example. Now if Fundamental analysis was the best thing since sliced bread, and you were a hedge fund trader, or an investment bank, you would have been on the right side of the Brexit move.

Now do a search on Google to find out how many of these guys were on the right side of that move. There are 1000’s of hedge funds and investment banks, but it seems only 1 guy made any serious money on the move. And that was Crispin Odey. Crispin is a well respected hedge fund guy and he made 220 million on Brexit. See Brexit buccaneer rakes in £220million.

I would just like to point out that Crispin manages an 8 billion fund. So although he made 220 million, he only made a 2.75% return on that particular trade. Yes i agree its not too shabby, but people need the facts i think.

If the title of the article was “Brexit buccaneer rakes in 2.75%” it would not have the same ring to it now would it. 🙂

Here are a few sentences from that article.

A hedge fund tycoon made more than £220 million for himself and his investors yesterday after betting on Brexit.

As many in the City nursed heavy losses, staunch Leave supporter Crispin Odey declared: ‘I think I may be the winner.’

He is one of a handful of hedge fund bosses to have hit the jackpot after taking big ‘short’ positions on company stocks and sterling, betting on their value falling in the aftermath of a vote to Leave.

Now please pay attention to the words “a handful”. So out of the 1000’s of investment bankers and hedge funds a handful got it right.

If you actually looked at all the trades that were taken in the hours of the Brexit vote, you would probably find that traders that rely solely on technical analysis, did far better from that move than the fundamental guys did.

Mr Odey also revealed his trading position had left him in line for huge losses if financial markets had risen, and he had lost his gamble.

So he picked a side, and gambled his investors money, and was correct. Do you think we would have been told about his huge losses if the gamble had gone against him? Well you are not hearing about the other hedge fund guys who gambled the wrong way are you.

Can i just make a point here that i do not like the word gamble, as trading is not about gambling. You take calculated risks based on high probability, and the higher the probability, the more success you will have.

So why do hedge funds and investment banks rely heavily on fundamental analysis and not on technical analysis?

The main reason is, they are managing huge sums of money, and they cannot enter and exit the market as a retail trader would. They have to build up a position, and an opinion over time, they add or subtract from that position as the fundamentals change.

To enter and exit the market with one trade would not only spook the market, it would also leave them in a vulnerable position should the market move against them. They have to hedge in and out of the market, building up an average price for their holdings, hence the term hedge fund. This strategy leaves them less exposed to currency fluctuations than they would be if they were all in, all out.

Retail traders can trade this way too if they know how to do it, but it does not mean that this way is better. It does not mean that fundamental analysis is any better than technical analysis, its just a safer way to trade large sums of money.

How i trade the Forex market?

I personally trade 70% technical and 30% fundamental. And when i say technical i am talking about reading a chart rather than reading a news story. People get technical analysis confused with indicators. They think that technical analysis is putting moving averages on your chart and waiting until they cross.

I trade by reading a chart correctly, and understanding what makes the market move. If you look at my article on the Brexit trade, you will see that the trade was purely based on chart reading. No fundamentals were involved at all in that trade.

Almost everyone that trades fundamentals got that trade wrong, but if you had been trading primarily from a technical standpoint, you would have had a much better chance of success.

So to all the trading providers out there that are telling people the reason they are losing money in the market is because they are trading technical analysis i say this.

The reason they are losing money is because they do not know how to trade.

It has nothing to do with fundamental or technical analysis. You do not need to know anything at all about fundamental analysis to make money in the Forex market, and that’s 100% true and i can prove it.

Fundamental analysis is not the answer to consistent profitability.

So if you are a technical trader that is losing money, and you are considering paying some of these training providers to teach you how to trade fundamentals like hedge funds and investment banks, just think about the Brexit trade. I am not saying what they teach is not going to help you, but its not the answer to consistent profitability that they make it out to be.

Courses that offer to teach you the fundamentals of trading are the in thing at the moment, and a lot of training providers are jumping on the bandwagon to offer this because of the failings of traditional technical based training providers.

Some retail traders think that by taking a course on fundamental analysis they will find the holy grail, but this is not the case. Fundamental analysis is just one approach to trading, and it does not guarantee you trading success. I make a lot more money in a lot less time with my chart reading skills, than i could ever make by following fundamentals.

I know what these guys teach, but they do not know what i teach. So just think about that, when you are considering whether to pay these guys, or to pay me to teach you how to trade.

You get the best of both worlds with my training course. 🙂

The Brexit Trade.

Rob Taylor

The chart below shows the entry and exit points for the Brexit trade. GBP JPY was preferred over Cable as the Yen safe haven flows combined with Sterling selling produced the most pips.

One of my many strategies clearly shows the entry and exit levels for this trade, which could have banked you over 2600 pips.

This trade is based on just one simple strategy that i use to trade the markets. I have many strategies that i can teach you in my Forex training course.

The Brexit Trade

I know what you are thinking, that i have just drawn 2 lines on the chart, one at the top of the move, and one at the bottom, but let me just say this for all you doubters out there. I can with 100% confidence show you why one of my strategies clearly identified these 2 points on the chart for entry and exit of this trade. If you trust me and enroll on my Forex training course i will tell you why this trade worked, and show you many other high probability trades like this.

Please don’t get my training course confused with all the other crap out there. I will teach you what no one else can teach you. If you want to really understand the market, and be in a position to profit from trades like this, then please contact me for an informal chat.

Have a great day and thanks for visiting.