Do you have your Forex trading plan together for 2009 yet?
If so, GOOD. If not, why not? Now's the time to get prepared for what could be one of the best times in many years to spot countless profit potential... again & again...
-ESPECIALLY in the Forex markets.
I'm only releasing a few more forex income engine copies. You can see if you can get in by clicking here.
That's not 'marketin g mumbo jumbo'... it's certain that the global markets and economic turmoil are creating huge volatility in the Forex markets right now, and will likely continue to do so in the foreseeable future...
-and that's why I believe it just "makes sense" to include at least one good Forex method as part of your "trading arsenal"
for 2009.
FOREX INCOME COURTESY NOTICE
If you're considering my brand new Forex Income Engine home study course, this is just another courtesy notice to remind you that the "second chance" offer I opened up a few days ago EXPIRES tomorrow night, Thursday, January 1st, at 11:59pm Eastern (New York time).
I'm only releasing a few more forex income engine copies. You can see if you can get in by clicking here.
Remember, the Forex Income Engine allows you to:
* Triple your profit potential by simultaneously looking at the short, intermediate, and longer-term trends and then automatically using the dominant trend to virtually ensure your edge and give you the best chance for a successful trade...
* Get started quickly and place your first trade with as little as a $500 trading account when you use "mini lots"...
* Trade in as little as 20 minutes, or all day long, by customizing your daily trading plan with the timeframes of your choice to fit your changing schedule. Also choose a conservative or aggressive approach to profit-taking on every trade consistent with your trading style and personality...
* Enjoy frequent and fast trades from start to finish by quickly identifying only the highest-probability, lowest-risk trades...
* Practically "rub out" account-crippling losses by using simple yet profoundly powerful risk management rules. It's like having a Forex "Risk Shield" so you're protected at all times...
* Become an independent trader and stop relying on so-called gurus, black box systems, or other gimmicks. Be totally confident when you know what to do every time, no matter what happens in the markets...
Regardless of what you decide to do, I hope you have a GREAT New Year and I hope that you achieve all the goals you set! It's going to be a great 2009, and I'm looking forward to sharing more and more trading info with you...
I'm only releasing a few more forex income engine copies. You can see if you can get in by clicking here.
Wednesday, December 31, 2008
Forex Trading Plan for 2009
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Tuesday, December 30, 2008
Forex Income Engine Testimonials Prove Success
Forex Income Engine Testimonials
Proof that this is a great program for forex day trading investing program!
These are 'raw & unedited', but I thought I'd share them with you in case you're 'on the fence' about picking up a copy of this Forex Income Engine before the current 'second chance' offer comes down this Thursday, January 1st
Forex Income Engine Testimonials
David K."
It's been a few weeks since the brand new step-by-step Forex Income Engine home study course was released so I thought I would share some feedback with you.
"Hi Bill, I know you will probably hear it a lot, but just to let you know that on my first paper trading try-out with the methods I racked up 46 pips in 3 trades of maybe 10-30 minutes each. One in 15 min candles, and the others in 5 min candles. If my trade account would permit, that would have been $460USD, or in home country dollars, about $867 NZD.
One trade before dinner and two since.
ciao 4 now.
thanks 4 your methods.
john k."*
"Your videos are excellent. I had some reservation about the complexity of this method but I can see that it is not that difficult once you master it... I am very glad I purchased your product... Keep up the great work.
"Thus far am very pleased with the method. Every trader has heard the old axiom to 'bu y on a dip and sell on a rally'.
The problem for me with that saying has always been that I had difficulty telling the difference between a pullback and a price reversal. I am particularly impressed with the rules of this method that help distinguish that difference. So far I have had four wi nning trades and no losses on my demo account and am up about 3% after 3 days of trading. I look forward to seeing how the method works this coming week.
Thanks for a terrific course!
Steve J."
To join Forex Income Engine, see if any copies of his course are available by clicking here.
Watch all of the Forex Income Live Day Trading , Bill Poulos awesome videos for free: Click here: 'Flexible Forex' training videos show live trades being made using this amazing forex software
*No representation is being made that these results can or will be obtained in the future, or that losses were not incurred subsequent to the date on which the testimonial was provided. There is a substantial risk of loss associated with trading futures, forex, stocks, and options. Only risk capital should be use
To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here
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Thursday, December 11, 2008
Complimentary Forex Income Engine Coaching From Bill Poulos
4 Hours of Complimentary Forex Income Engine Coaching From Bill Poulos
You're about to discover a 100% customizable "blueprint" you can use to TRIPLE your profit potential in the Forex markets again & again, at any time of the day, for as little or as long as you like, starting with as little as a $500 trading account. The choice is ALL YOURS... Click herre to begin your FREE Forex Income Engine Coaching
UPDATE 12-10-2008: Here are some more brand new trading videos from trades I did this week using the Forex Income Engine. I just did these in my spare time, and you can do the same thing, according to your schedule. Watch how all the stress and worry is removed from trading when you trade this way.
The 4 "Golden Rules" That Most Traders Will NEVER Learn
I have 4 "golden rules" that I use to determine if a trading method is good for me:
It must be a complete method, with setup conditions, entry rules, initial stop rules, and exit strategy rules, leaving no decision to chance.
It must include specific risk management, money management, and portfolio management guidelines.
It must be based on technical analysis, but it must not be a 100% mechanical system.
It must provide a way to trade in as little as 20 minutes a day and not force you to stare at your computer for hours.
Let me talk about item #3 above for a moment, because this is where a lot of traders can potentially lose a lot of money.
When you rely on a computer to make 100% of your trading decisions, you do not learn how to become a trader, and you never will. Instead, you learn to follow directions. This can be extremely dangerous to your portfolio, because almost every system I've seen since 1974 has been back-tested and curve-fit, which means it will ultimately fail, or at least not live up to its past hypothetical results. Click herre to begin your FREE Forex Income Engine Coaching
Now, that statement might get me into trouble, especially with younger traders, who tend to believe that you can create a 100% mechanical system that never (or rarely) loses. Folks, that's called the Holy Grail, and a week doesn't go by that I don't get an email from someone who thinks they have found it.
By the way, this becomes even more dangerous when you base your livelihood on a third party service that feeds you signals every day without telling you their "secret formula". What would happen to you if they went out of business?
(Just for the record, I believe some mechanical systems ARE good, at least for awhile, but I also believe the only way to maximize their use is if you truly understand how to trade in the first place.)
Think about that for a moment.
The tendency of amateurs is to over-complicate things. They want to use (or misuse, really) too many indicators and patterns, and think that to be successful, there must be a bunch of complexity that is required in a good trading method. Nothing could be further from the truth.
Here are the top three reasons why I believe simple is better when it comes to trading:
Using too many or the wrong indicators is counterproductive, as the information that those indicators provide is counterintuitive and just plain misleading.
Using a few simple indicators in a uniquely powerful, uncommon way can provide the right information necessary to make good trading decisions.
With the right indicators and patterns, you will be far more likely to trade with discipline because you will be able to understand an objective set of rules that the right indicators and patterns can provide. Click herre to begin your FREE Forex Income Engine Coaching
To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here
The 4 "Golden Rules" That Most Traders Will NEVER Learn
I have 4 "golden rules" that I use to determine if a trading method is good for me:
It must be a complete method, with setup conditions, entry rules, initial stop rules, and exit strategy rules, leaving no decision to chance.
It must include specific risk management, money management, and portfolio management guidelines.
It must be based on technical analysis, but it must not be a 100% mechanical system.
It must provide a way to trade in as little as 20 minutes a day and not force you to stare at your computer for hours.
Let me talk about item #3 above for a moment, because this is where a lot of traders can potentially lose a lot of money.
When you rely on a computer to make 100% of your trading decisions, you do not learn how to become a trader, and you never will. Instead, you learn to follow directions. This can be extremely dangerous to your portfolio, because almost every system I've seen since 1974 has been back-tested and curve-fit, which means it will ultimately fail, or at least not live up to its past hypothetical results. Click herre to begin your FREE Forex Income Engine Coaching
Now, that statement might get me into trouble, especially with younger traders, who tend to believe that you can create a 100% mechanical system that never (or rarely) loses. Folks, that's called the Holy Grail, and a week doesn't go by that I don't get an email from someone who thinks they have found it.
By the way, this becomes even more dangerous when you base your livelihood on a third party service that feeds you signals every day without telling you their "secret formula". What would happen to you if they went out of business?
(Just for the record, I believe some mechanical systems ARE good, at least for awhile, but I also believe the only way to maximize their use is if you truly understand how to trade in the first place.)
Think about that for a moment.
The tendency of amateurs is to over-complicate things. They want to use (or misuse, really) too many indicators and patterns, and think that to be successful, there must be a bunch of complexity that is required in a good trading method. Nothing could be further from the truth.
Here are the top three reasons why I believe simple is better when it comes to trading:
Using too many or the wrong indicators is counterproductive, as the information that those indicators provide is counterintuitive and just plain misleading.
Using a few simple indicators in a uniquely powerful, uncommon way can provide the right information necessary to make good trading decisions.
With the right indicators and patterns, you will be far more likely to trade with discipline because you will be able to understand an objective set of rules that the right indicators and patterns can provide. Click herre to begin your FREE Forex Income Engine Coaching
To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here
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Show Me The Money! Forex Income Engine Free Live Trade Videos
Show Me The Money! Forex Income Engine Free Live Trade Videos. Watch Bill Poulos Trade Forex
When you're learning a new way to trade the markets, sometimes there's nothing better than having a master trader show you "live and in person" how it's done.
That's why I'm excited to announce that 30+ year trader Bill Poulos is adding on 4 hours of complimentary group coaching if you join him as a student of his new Forex Income Engine home study course.
After you enroll, you'll get access to 2 live "web-seminars" where you can get your questions answered directly by Bill. You'll see a live feed from his trading computer as he shows you chart after chart and answers your questions.
Now, Bill normally only does this level of group coaching for his super high-end coaching program which can cost upwards of $10,000 or more. So this is really a unique chance for you get close to Bill for a fraction of the cost.
All the details and live forex trades being made video can be seen by clicking here
NEW FOREX TRADE VIDEOS <--- (see how it's working RIGHT NOW)
Bonnie Burns
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Wednesday, December 10, 2008
Forex Income Engine Day Trading FAQ
Frequently Asked Questions About The Forex Income Engine. FIE is designed specifically for day trading, aimed at capturing quick hit moves of 20 pips ($200 per standard lot) or more in a matter of minutes. Price, $5.33 a day. Click here to learn details and guarantees offered by Bill Poulos Forex Income Engines
Q: What is Forex?
A: The Forex (foreign exchange, FX, or 4X) market is a market where one currency is traded for another. It is the largest financial market in the world, with daily turnover in the trillions of dollars. Forex tradinI want to reward my charter group of students who decided to take action today by making them part of a true, exclusive "club" that no one else has access to. Since 2001, my students have regularly told me they wished that I would raise my prices or stop selling my education altogether because they wanted it to be very difficult for others to gain access to the information that they felt made them successful! Wow! I hadn't thought about that before, but when you become my student, you really are entering into an exclusive relationship with me, so by limiting releases of my course, I help preserve that exclusivity.g involves trading currency pairs such as the EUR/USD pair (Eurodollar/US dollar pair) where a buyer of this pair would actually be buying the Eurodollar and simultaneously selling short the US dollar.
Q: What is a pip?
A: A pip is the minimum increment that a currency pair price can change. For example, if the EUR/USD price changes from 1.3790 to 1.3791, the price is said to have gone up by 1 pip. Most major pairs are priced to 4 decimals which is the equivalent of 1/100th of one percent. The exception would be the Japanese Yen pair that only trades to 2 decimals. This is because there are usually over 100 yen to the dollar.
Q: Is the Forex Income Engine a system or a method?
A: The Forex Income Engine is a method. As mentioned in this letter, my goal is to teach you a complete, step-by-step trading method that you will own for life. This will empower you to make your own decisions in the markets so that you never have to rely on another "guru" again. Further, you will be able to hand down your knowledge as a trader to your children or other family members.
An important word about systems and back testing. "Black box" mechanical trading systems can be computer back tested - the real world of trading with good trading methods cannot. The Forex Income Engine is a step-by-step, comprehensive trading method that teaches you how to trade. And when you master this method and develop a feel for the markets, you will own it for life. As such, it is not possible to back test the Forex Income Engine, since everyone's results will differ based on their own ability to apply the trading rules, choice of timeframe, market conditions, slippage, the size of their account, and the number of trades they are able to place at any given time. Caution: be very wary of promises of unheard-of returns generated by curve-fit mechanical black box systems.
Q: What kind of software do I need to trade the Forex Income Engine method?
A: At a minimum, you need trading and charting software that has the ability to plot price data for currency pairs, and plot the basic indicators used by the Forex Income Engine method. Thankfully, most good Forex brokers give you free software which can adequately achieve this. You can optionally use higher-end software which costs additional money, but this is not a requirement. The bottom line is that because the Forex Income Engine is a trading method, you are not tied down to just using one particular piece of software; instead, you have the flexibility to use a variety of solutions.
Q: What kind of trading experience do I need in order to be able to understand and trade with the Forex Income Engine?
A: You can be a complete beginner or a seasoned veteran of trading and be able to understand and trade quickly and easily with the Forex Income Engine method. I include extra instruction especially for you if you're a beginner, including a bonus “Forex & Trading Basics” module. Experienced traders can safely skip over this introductory material.
Q: Can anyone do this?
A: As long as you are a serious and dedicated individual, yes. Remember, there is no "holy grail" of trading, and this is no exception. So if you're expecting a magical formula that will make you piles of money on demand... well, let's just say, "good luck". But seriously, if you're prepared to take immediate and massive action and apply what you have learned, you'll already be better prepared than 90% of the so-called traders out there.
Q: How is the Forex Income Engine different from your Forex Profit Accelerator course?
A: It should not be a surprise to anyone who has studied or traded the Forex markets that there is more than one way to trade these wonderful markets. Among traders, you have those who prefer to day trade only (5 – 60 minute bars), who may not be aware of the benefits of end of day trading (daily bars). And you have those who prefer to trade on an end of day trading basis only, who may not be aware of the benefits of day trading. And of course, there are many traders that day trade the Forex markets as well as trade on an end of day basis.
There is no one right way to do this. Both offer terrific profit potential. The key is to determine which of these approaches to the markets is right for you and in so doing you may find as many have that trading both end of day and day trading is the best way to maximize your profit potential.
It really comes down to how many tools you want in your traders’ toolbox. The more you have the more flexible and proficient you can be in your trading operations.
As many of you know, our Forex Profit Accelerator (FPA) course is designed for end of day trading that aims to capture the mega moves that occur over several days offering great profit potential. For the six major Forex pairs, applying FPA will usually give you several trade setups a week depending on market conditions. These setups are then evaluated for order entry and open position order management between 5PM and Midnight EST (New York).
Since launching FPA last year, we have had many of our students worldwide asking for us to also develop a Forex day trading course of the same scope and quality of FPA.
That led to the development of my new Forex Income Engine (FIE) course. We developed FIE by popular demand for those who have never traded the Forex markets and for those who are seasoned veterans as well and everybody in between who sense that these are great markets to trade with the guidance that a great trading method can provide. Click here to learn details and guarantees offered by Bill Poulos Forex Income Engines
FIE is designed specifically for day trading, aimed at capturing quick hit moves of 20 pips ($200 per standard lot) or more in a matter of minutes. FIE will usually give you several trade setups a day depending on market conditions in any time frame you desire to trade, 5 minute to 60 minute bars. This means wherever you may be around the world, you can turn on your trading platform at any time of the day or night and expect to find a good FIE setup within a few minutes for one or more of the six major pairs. It is not uncommon to be in and out of a trade that hits the primary profit target within 20 minutes.
If you are a current FPA student, I would encourage you to add FIE to your trading arsenal. If you are not yet an FPA student, I would encourage you to master FIE now and consider FPA when you’re ready to expand your toolbox.
I believe along with many of our students that if you are a trader or would like to become a trader that is really serious about taking advantage of these Forex markets then you want to have the best tools and trading methods in your trading arsenal. And once you master these methods, you will own them for life. Click here to learn details and guarantees offered by Bill Poulos Forex Income Engines
To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here
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Tuesday, December 9, 2008
Bill Poulos Forex Income Engine Proven Successful
What the Bill Poulos Forex Income Engine Can Do For You
Let's sum up what I believe the Forex Income Engine can do for YOU:
TRIPLE YOUR PROFIT POTENTIAL. Triple your profit potential by simultaneously looking at the short, intermediate, and longer-term trends and then automatically using the dominant trend to virtually ensure your edge and give you the best chance for a successful trade. Click here to see details on Forex Income Engine
START WITH A $500 ACCOUNT. Get started quickly and place your first trade with as little as a $500 trading account when you use "mini lots". Click here to see details on Forex Income Engine
CUSTOMIZE YOUR TRADING PLAN. Trade in as little as 20 minutes, or all day long, by customizing your daily trading plan with the timeframes of your choice to fit your changing schedule. Also choose a conservative or aggressive approach to profit-taking on every trade consistent with your trading style and personality. Click here to see details on Forex Income Engine
ENJOY FREQUENT & FAST TRADES. Enjoy frequent and fast trades from start to finish by quickly identifying only the highest-probability, lowest-risk trades. Click here to see details on Forex Income Engine
ELIMINATE HUGE LOSSES. Practically eliminate account-crippling losses by using simple yet profoundly powerful risk management rules. It's like having your own Forex Risk Shield so you're protected at all times. Click here to see details on Forex Income Engine
BECOME AN INDEPENDENT TRADER. Become an independent trader and stop relying on so-called gurus, black box systems, or other gimmicks. Be totally confident when you know what to do 100% of the time, no matter what happens in the markets. Click here to see details on Forex Income Engine
To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here
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Monday, December 8, 2008
Flexible Day Trading Forex Income Engine is LIVE
Flip-flop your Forex method to get an edge. Forex Income Engine Can Triple Your Profit Potential in the Forex. Forex independence begins NOW
URGENT: Only a handful of spots remain for the charter release of my step-by-step, complete Forex Income Engine home study course...
(Attention: If you're on the "Cut in Line" Waiting List and already know you want to join my charter class and you don't want to risk losing out, click here to jump ahead and join NOW.)
Welcome to the Forex Income Engine. Today could be the turning point in your life you've been waiting for... that is, if you're prepared to do what it takes to get where you want to go. After all, if you're visiting this web page today, then my guess is that something is missing in your life.
Do you want to spend more time with your family? Are you looking for another source of income that could help you leave your J-O-B ("just over broke")? Maybe you want to start a "portable" business that you can run from anywhere in the world according to your schedule with no employees, no office, and no boss to answer to...
If any of that sounds interesting, then keep reading, because I have some great news for you. It doesn’t matter if you’re a complete beginner or a seasoned pro in the Forex markets; and, it doesn’t even matter whether or not you currently have a Forex trading method.
Regardless of your personal background and experience level with Forex, the information I’m about to reveal to you in this letter has the potential to make a profound impact on your life in many ways.
But before I begin, let me just say this: I truly believe that if you're a dedicated and serious individual, your life and your trading results could change forever after you read this letter, and you'll never look at trading Forex the same way again. And when you fully realize the power and lifetime value of finally becoming an INDEPENDENT TRADER in the markets, you’ll never feel the need to listen to another so-called “expert” again, because you’ll be empowered to make all the decisions. Keep reading to discover why I'm making these bold statements, and why I think you'll agree with me.
It Sounds Too Good To Be True, Doesn't It?
OK, I understand. That might all sound "too good to be true". If you're like me, you've probably seen some claims by supposed gurus that are not only unbelievable, but that make you almost feel embarrassed for the person making those claims.
Chances are, you're probably frustrated, confused, and maybe even a little angry because you feel like everybody is promising you the "moon and the stars", and delivering nothing but "hot air and fluff".
It's OK, and it's not your fault. Those "hucksters" should be ashamed of themselves. They're promising you things they know they can't deliver on. And that really burns me up.
So here's what I want you to do when you read this letter. See if what I reveal to you about Forex day trading actually MAKES SENSE. Ask yourself if you can imagine actually doing what I teach you. And see how you feel when you're done with the letter.
You won't find any crazy promises here. Not once do I claim "no losing trades ever". In fact, you'll discover how the most successful traders became successful because they learned the right way to deal with losing trades, and not wasting time and money seeking the mythical "holy grail" system of trading that never loses (it doesn't exist and NEVER WILL).
You also won't find any "green lights", "red lights", or "push button" nonsense that promises to make you money while you sleep. Do you honestly think that stuff exists? No? Good. I didn't think so.
However, what you WILL find here is how to become an INDEPENDENT Forex day trader. You'll see how I reveal to you the actual technical rules and logic behind a step-by-step trading method that finally gives you the power to trade on YOUR TERMS and on YOUR SCHEDULE... while protecting your positions with a built-in "risk shield" at all times. Whether you want to spend just 20 minutes a day, or hours at a time... the choice is ultimately YOURS.
When you're done with this letter, you should be saying to yourself, "YES. This makes sense."
Let's continue...
The 4 "Golden Rules" That MostTraders Will NEVER Learn
I am going to be very candid with you right now, and I risk alienating myself from most of the other Forex educators out there. However, I had to make a decision: tell you the truth, or keep my mouth shut to make good with the "old boys" network of Forex "gurus".
Deep breath... here it goes...
I've had my eyes on the Forex markets for years, but specifically, I spent the last few years carefully researching, testing, and tweaking every course, system, and method I could get my hands on to see what was going on. So, I think I've seen it all, and for the most part - it's ugly.
I have 4 "golden rules" that I use to determine if a trading method is good for me:
It must be a complete method, with setup conditions, entry rules, initial stop rules, and exit strategy rules, leaving no decision to chance.
It must include specific risk management, money management, and portfolio management guidelines.
It must be based on technical analysis, but it must not be a 100% mechanical system.
It must provide a way to trade in as little as 20 minutes a day and not force you to stare at your computer for hours.
Let me talk about item #3 above for a moment, because this is where a lot of traders can potentially lose a lot of money.
When you rely on a computer to make 100% of your trading decisions, you do not learn how to become a trader, and you never will. Instead, you learn to follow directions. This can be extremely dangerous to your portfolio, because almost every system I've seen since 1974 has been back-tested and curve-fit, which means it will ultimately fail, or at least not live up to its past hypothetical results.
Now, that statement might get me into trouble, especially with younger traders, who tend to believe that you can create a 100% mechanical system that never (or rarely) loses. Folks, that's called the Holy Grail, and a week doesn't go by that I don't get an email from someone who thinks they have found it.
By the way, this becomes even more dangerous when you base your livelihood on a third party service that feeds you signals every day without telling you their "secret formula". What would happen to you if they went out of business?
(Just for the record, I believe some mechanical systems ARE good, at least for awhile, but I also believe the only way to maximize their use is if you truly understand how to trade in the first place.)
Those of you who have been following my teachings know how much I LOVE TRADING! Even though I have a solid set of methods and techniques I use for my own trading, I’m constantly tinkering around in my “trading lab”. Besides spending time with my family, it’s what I like to do in my spare time. Some people like to play golf. I’d rather be trading.
Now, because of my position in the trading education community, I am approached quite frequently by other traders, systems developers, companies, you name it. Many of them send me evaluation copies of their programs and methods to get my professional feedback and opinion. Some of the material I receive is quite good, but honestly, most of it is incomplete. The reason I tell you this is to impress upon you the amount of trading material I have in my personal library – I have a TON, and I believe I’ve seen just about every type of program on the market.
In reviewing all this material and in examining all the questions I’ve been receiving from my readers and students about Forex, I made a key discovery about day trading the Forex markets which was astonishing to me...
Here it is: when you simultaneously look at the short, intermediate, and longer-term trends all at once, and then use the dominant trend to help determine when to get into a trade, you essentially TRIPLE your profit potential.
Here's why... most methods only look at one trend, say, the short-term trend. That's fine, but in doing so, they completely miss out on trading opportunities; in this example, in the intermediate and longer-term trends.
But when your trading rules instantly detect which trend is the dominant trend at any point in time, not only do you triple your profit potential, but you dramatically increase the odds of your trade being successful.
This is SO IMPORTANT, because trading is all about putting the odds dramatically in your favor and managing risk first and foremost, and this "dynamic trend"-choosing approach helps you determine when a Forex pair is about to make a move UP or DOWN and then get you into a potentially profitable long or short trade... again and again.
FINALLY: Forex Day Trading FREEDOM...
One of the reasons why most traders fail is that their trading rules are too complex to easily implement. So what happens is that you start cutting corners or making mistakes during the "heat of the battle"...
...and this is ESPECIALLY true for day trading. If you're looking at a chart of 5-minute bars and you're trying to trade an overly-complex trading method, the chances are pretty good that you WILL make a mistake.
You may have heard me talk about my favorite Albert Einstein quote before. If so, it bears repeating, because it really is profound and it's the bedrock of all of my trading methods.
He said, "The solution to any problem should be as simple as possible, but not simpler."
Think about that for a moment.
The tendency of amateurs is to over-complicate things. They want to use (or misuse, really) too many indicators and patterns, and think that to be successful, there must be a bunch of complexity that is required in a good trading method. Nothing could be further from the truth.
Here are the top three reasons why I believe simple is better when it comes to trading:
Using a few simple indicators in a uniquely powerful, uncommon way can provide the right information necessary to make good trading decisions.
With the right indicators and patterns, you will be far more likely to trade with discipline because you will be able to understand an objective set of rules that the right indicators and patterns can provide.
If you've been following my teachings over the years, then you know I've never been a big fan of day trading the WRONG WAY. That is, spending hours staring at your computer trying to apply a complicated method that doesn't work, while waiting for infrequent trading opportunities.
So with Einstein's philosophy in mind, I FINALLY developed a Forex day trading method that is PERFECT for any kind of trader (especially traders who normally only like to trade end-of-day charts). Here's why:
It's SIMPLE to implement, so the likelihood of making mistakes drops dramatically...
It's FLEXIBLE in that you can choose any timeframe you're comfortable with. If you only can trade during lunchtime, then you can choose 5 or 10-minute bars and get back to your day. Or, if you have the whole day off, maybe you want to look at 30 or 60-minute bars. The choice is yours.
It's EASY to get started, because you can begin trading with as little as a $500 account when you use "mini lots". But this is only possible because of my unique risk management rules that prevent your account from getting "wiped out".
It's a COMPLETE method that automatically manages risk and puts the odds in your favor every time you trade, while identifying frequent trade setups, again and again.
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FIE VS FPA. $1,230 in about 60 minutes?
Forex Income Engine Compared To Forex Profit Accelerator
$1,230 in about 60 minutes? 6 live Forex trades + preview
Ever since releasing news of the upcoming Flexible Forex Income Engine course last week, another common question I keep getting asked is:
How is the Forex Income Engine different than the popular Forex Profit Accelerator course?
$1,230 in about 60 minutes? 6 live Forex trades + preview. See how winning Forex trades were made for free hereYour username is: readyto
Your password is: enroll
This is a fair question, so I wrote a dedicated post on my news site for you.
It should not be a surprise to anyone who has studied or traded the Forex markets that there is more than one way to trade these wonderful markets. Among traders, you have those who prefer to day trade only (5 – 60 minute bars), who may not be aware of the benefits of end of day trading (daily bars). And you have those who prefer to trade on an end of day trading basis only, who may not be aware of the benefits of day trading. And of course, there are many traders that day trade the Forex markets as well as trade on an end of day basis.
There is no one right way to do this. Both offer terrific profit potential. The key is to determine which of these approaches to the markets is right for you and in so doing you may find as many have that trading both end of day and day trading is the best way to maximize your profit potential.
It really comes down to how many tools you want in your traders’ toolbox. The more you have the more flexible and proficient you can be in your trading operations.
As many of you know, our Forex Profit Accelerator (FPA) course is designed for end of day trading that aims to capture the mega moves that occur over several days offering great profit potential. For the six major Forex pairs, applying FPA will usually give you several trade setups a week depending on market conditions. These setups are then evaluated for order entry and open position order management between 5PM and Midnight EST (New York).
Since launching FPA last year, we have had many of our students worldwide asking for us to also develop a Forex day trading course of the same scope and quality of FPA.
That led to the development of my new Forex Income Engine (FIE) course. We developed FIE by popular demand for those who have never traded the Forex markets and for those who are seasoned veterans as well and everybody in between who sense that these are great markets to trade with the guidance that a great trading method can provide.
FIE is designed specifically for day trading, aimed at capturing quick hit moves of 20 pips ($200 per standard lot) or more in a matter of minutes. FIE will usually give you several trade setups a day depending on market conditions in any time frame you desire to trade, 5 minute to 60 minute bars. This means wherever you may be around the world, you can turn on your trading platform at any time of the day or night and expect to find a good FIE setup within a few minutes for one or more of the six major pairs. It is not uncommon to be in and out of a trade that hits the primary profit target within 20 minutes.
If you are a current FPA student, I would encourage you to add FIE to your trading arsenal. If you are not yet an FPA student, I would encourage you to master FIE now and consider FPA when you’re ready to expand your toolbox.
I believe along with many of our students that if you are a trader or would like to become a trader that is really serious about taking advantage of these Forex markets then you want to have the best tools and trading methods in your trading arsenal. And once you master these methods, you will own them for life.
$1,230 in about 60 minutes? 6 live Forex trades + preview. See how winning Forex trades were made for free here
Your username is: readyto
Your password is: enroll
Also... just a reminder that the deadline to get in on the big Forex Income Engine giveaway is tomorrow, MONDAY, December 8th, at 10am Eastern (New York time).
I'll be announcing the lucky trader who gets the first copy around noon tomorrow.
p.s. Remember, the Forex Income Engine goes "live" on Tuesday, December 9th, at NOON Eastern time...
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Sunday, December 7, 2008
Flexible Forex Income Engine Made Me $1230 In Trades
Forex Income Engine Free Live Trade Videos Password Access
If $1,230 in about 60 minutes of work sounds appealing, then read every word this message, because.....I have a couple of very important updates:
1. 30+ year trading veteran Bill Poulos will be be picking the lucky recipient of the first copy of his brand new Forex Income Engine home study course on Monday around NOON, so check out his "giveaway" page then to find out who the lucky trader ends up being. Maybe it will be YOU.
I just checked his site, and there are 1300 entries as I'm typing this. See how these Forex trades were made for free here:
(There's still time to get in, if you get this before 10am Eastern on Monday, that is...)
2. Bill just uploaded 3 brand new live Forex Income Engine trade videos that he recorded in the past few days for you, and he gave me permission to share them with you.
Check it out:
* Each one took about 10-20 minutes to trade.
* Each one turned a profit.
* Total profit was 54 pips, or $540 had you traded a standard lot. Not bad for a few minutes of "work". ;-)
He also posted 3 trades he made a few weeks ago where he pulled in 69 pips, or $690 in profit, again in about 30 minutes total.
I think you'll agree with me if I say that's awesome...
To watch them, I'm going to give you access to a preview of the Forex Income Engine member's website. This is similar to the site you get access to when you become a student.
See how these Forex trades were made for free here
Your username is: readyto
Your password is: enroll
(make sure you type the username & password all in lowercase)
To see the live trade videos, go to the "Pip Vault" section after you login to the site.
** NOTE: These are not static charts that Bill looked at historically. You'll see the trade unfold live just as he did, and see how he reacts, not knowing what's going to happen... and how he turned these into profit-packing trades...
Be sure to check out the entire website, because Bill also put up some previews of all the CD-ROM modules so you can get a taste of what the course is like.
I hope you're as excited as I am about being able to get access to the entire Forex Income Engine course next week.
And as you watch the live trade videos, I think you'll agree that this method makes it possible for you to truly create a new income stream on YOUR SCHEDULE, trading as little or as
long as you want.
More soon!
Good Trading,
Bonnie Burns
p.s. As you watch these live trade videos, you'll see how it doesn't matter where you live or when you have time to trade, because setups occur around the clock, and almost at any time - again and again... and again...
To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here
Click here for the Worden best stock trading software
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Friday, December 5, 2008
Flexible Forex Day Trading Income 4 Free Videos
Forex Income Engine 4 Free Forex Day Trading Videos. FIE Course, FIE Price
So while other traders are "frozen" waiting for the markets to recover, some traders have been actively trading the Forex markets this way, day after day, completely ignoring the media's "doom and gloom" mantra.
Want to see how? Watch the details here on the Forex Income Engine Course
(These videos will be coming offline soon, so be sure to watch them and take notes before they disappear...)
Now, while these videos by themselves have more content than a lot of reports you'd have to PAY for, Bill released them to "whet your appetite" to see if you might be right for his upcoming Forex Income Engine home study course.
More details on this groundbreaking way to day trade the Forex markets have just been released in this new video where Bill reveals the answers to the top 2 questions he's been receiving since he released his new "Flexible Forex" training videos.
Since releasing my "Flexible Forex" training videos just a couple of days ago, the requests for the Bill Poulos brand new "Forex Income Engine" training course haven't stopped.
* My student support staff has been getting bombarded by emails all week long...
* My Forex Income Engine news site is closing in on 1,000 comments...
* Some traders have even phoned our office asking how they can get a copy of the new course NOW (even though it doesn't get released until next Tuesday, December 9th)...
Needless to say, the response to this new way of trading intra-day Forex pairs has been a bit overwhelming... but I'm excited that there's so much interest!
So I recorded a new video that answers the Top 2 questions I've been receiving...
* What comes with the course?
* What's the price?
Watch the details here on the Forex Income Engine Course
I'm working on some more surprise "goodies" that I'm going to release this weekend. I don't want to say too much yet, but I'm going to let you "peek under the hood" a little bit.
Stay tuned for more soon.
Good Trading,
p.s. There's still time to enter the big Forex Income Giveaway! The deadline is Monday at 10am. See the details here on the Forex Income Engine Course
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Bonnie
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Thursday, December 4, 2008
Flexible Forex Income Engine Free Live Trading Video
Forex Income Engine Big Give Away. Free Forex Income Engine Trade Video.
BIG NEWS ITEM #1
I just got my hands on Part 3 of Bill Poulos's new Forex training video series.
This one is cool, and very unique... it shows a "live" recording of Bill trading during lunchtime using his new "Flexible Forex" method.
See it here: Watch these Complimentary Flexible Forex day-trade training videos, part 1- 2 - 3 by clicking here - This is a free 30 minute video showing you exactly how Bill Poulos trades using the flexible forex income engine for day trading. Watch forex trades being made.
You'll see a live, intra-day chart of the US Dollar / Japanese Yen pair... HEADS UP - if you listen closely, you can even hear Bill eating his lunch :-)
When you watch the video, put yourself in his shoes and imagine what it would be like. Then ask yourself if you can see yourself trading this way.
I think you'll agree that it's pretty exciting.
BIG NEWS ITEM #2
Ever since Bill released Part 1 of his new Forex video training, his office has been getting bombarded with emails asking things like:
* Is there a way to get more details on this method?
* Are you going to release more training?
* How can I get started?
HERE'S THE DEAL... Bill is going to reveal all the details of this method in a brand new home study course he calls: "The Forex Income Engine"
He originally planned on releasing this in January as a way to kick off the new year, but because of so many requests, he decided to move it up and plans on releasing the entire course NEXT TUESDAY, DECEMBER 9th, at Noon Eastern time.
BIG NEWS ITEM #3 <-- (you'll LOVE this!)
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Bonnie
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Wednesday, December 3, 2008
Flexible Forex Income Engine Day Trading Free Videos
Flexible Forex Income Engine Day Trading. State Of The Global Market and Effect On Forex Trading
"I have been trading the Forex markets for 3 years, and I can honestly say this is probably one of the most interesting videos I have seen. Bill, you have a gift of being able to explain a method that every one can understand, look forward to your next video..."
It's great to hear stuff like that... but wait until you see the next video... PART 2 is ready now!
I call it: "Flexible Forex" F.R.E.E.D.O.M. In Action
Watch these Complimentary Flexible Forex day-trade training videos, part 1 and 2 by clicking here
In the first video, I gave you a high level overview of how all the turmoil in the world right now is creating possible the best profit potential we've ever seen in the Forex markets... and then I showed you the flexible method I discovered that lets you trade as little or as much as you want... WHENEVER you want.
In Part 2, I "zoom in" and show you, step-by-step, how I quickly and easily spot trade setups...
* In all 6 major Forex pairs
* In any timeframe
Part of my discovery is the completely uncommon way I use candlesticks... I'm not aware of anyone using them this way, and that's why it's so powerful.
(And no, I'm NOT using "candlestick patterns")
You'll also learn:
* Why you want to place your stop orders where you DON'T expect the market to go...
* How to get into a "F.R.E.E. trade" situation ASAP with all your Forex trades...
* How to handle losing trades like a pro...
* The kind of market you MUST avoid at all costs...
* My "super simple" risk management rules that even an 8th grader could understand and was inspired by EINSTEIN...
* A "hands-on" overview of some excellent broker-supplied charting and trading software that makes Forex trading easier than ever...
* ...and a TON more.
Watch this Complimentary Forex trade training videos, part 1 and 2 by clicking here
Make sure you take notes on these videos, because I will likely be pulling them offline next week. I just want to get your quick feedback on them right now, so if you like what you see, please post a comment on my news site after you watch the videos.
Good Trading,
Bill Poulos
To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here
Click here for the Worden best stock trading software
Posted by
Bonnie
at
10:07 AM
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Tuesday, December 2, 2008
Forex Dollar Great Investment In These Financial Recession Times
Bill Poulos comments on his Forex Income Engine. are you trading Forex with this ‘risk shield:
Bill Poulos ’flexible forex’ day trading discovery (free video 1)
Check out the Free Bill Poulos Forex Income Engine video here — and remember, this is free Forex training video! Watch this Complimentary Forex trade training video by clicking here
Earlier this year, during one of my many late-night Forex trading research sessions, I made a discovery around day trading Forex that I’m finally ready to share with you…
-and from what I’ve seen, NO ONE is trading Forex like this (yet)… not to mention this completely turns traditional “day trading” on its ear…
So I recorded a new training video this weekend that “pulls back the covers” on this discovery, and what it could mean to your portfolio.
Check out the Free Bill Poulos Forex Income Engine video here — and remember, this is free Forex training video! Watch this Complimentary Forex trade training video by clicking here
During my research, I confirmed what I suspected for a long time:
* The collapsing global stock markets and economies are creating pressures that, in turn, are creating more profit potential than we’ve ever seen before in the Forex markets.
That may come as a big surprise, especially if you’re new to trading… but I explain in my training video why this is happening, and how you can get in on it.
You’ll also discover:
* How you can literally TRIPLE your proft potential when you use a little-known trick that has to do with the predominant trend…
* 2 “retracement tricks” most traders flat-out MISS, which, if you know how to spot them, can turn an otherwise losing trade into a profit powerhouse…
* The huge “edge” you get over other traders when you automatically identify the predominant trend at any point in time… and then “throw yourself in front of it”…
* The #1 key to trading Forex you MUST do EVERY SINGLE TIME before you place a trade before even thinking about profit. When you do this, you automatically “up the odds” that a profit will unfold…
* …and a TON more.
If you’re interested in Forex, or have been a little “spooked” by what’s been going on in the markets, then this may be the most important trading video you’ll ever see this year.
Why? Because after you watch it, you’ll be SCRAMBLING to start trading Forex using this type of trading.
It finally brings flexibility and customization to Forex day trading so that ANYONE can have an “edge”, whether you only have 20 minutes to trade, or if you have all day. Your choice.
Check out the Free Bill Poulos Forex Income Engine video here — and remember, this is free Forex training video! Watch this Complimentary Forex trade training video by clicking here
To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here
Posted by
Bonnie
at
8:16 AM
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