Posts Tagged ‘bill poulos’
Shielding Your Portfolio From Risk in 2010
November 30th, 2009
Collapsing Economy Creates Forex Wealth?
While we are constantly being reassured in the mainstream media that economic recovery is well underway. Rumors over the Internet suggest a second economic crisis is imminent and will materialize in January 2010. One thing that you can be sure of is that the Forex market is going to be volatile in 2010. The questions then are. Is this predictable volatility? Can you profit from it? And. How do you protect your trades from risk?
Relatively recently, during a late-night Forex trading research session, one of the industry’s most respected trading educators, Bill Poulos, made a discovery around day trading Forex that he’s finally ready to share with fellow traders. And from what I’ve seen, no one I know is trading Forex like this (yet)… not to mention this completely turns traditional “day trading” on its ear…
Bill recorded a new training video this past weekend that “pulls back the covers” on this discovery & reveals how you can shield your portfolio from risk…
During his research, he confirmed what I (and others) suspected for a long time:
* The collapsing & struggling global 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 he explains in his training video why this is happening, and how you can get in on it.
Also revealed in this training video.
* 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…
* How you can literally TRIPLE your profit potential when you use a little-known trick that has to do with the predominant trend…
* 2 strange “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 discover how to, almost automatically, “throw yourself” in front of the highest-potential trend…
If you’re interested in Forex, or have even 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 this way…
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.
It’s awesome (and surprisingly simple)…
Watch it here:
Secret Forex Training Videos
BTW. Due to server limitations, this video might not be online for long, so make sure you watch it TODAY.
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FOREX TIME Machine Reviewed
September 14th, 2009
Forex Time Machine is a new foreign exchange coaching course by Bill Poulos of Profits Run.
Before you even think about ordering Bill Poulos‘ Forex Time Machine, you must answer one straightforward query
Will Forex Time Machine make you a better trader?
Forex Time Machine is not an automated forex robot, ea or forex signal system. It’s a full meat and potatoes forex trading course from veteran foreign exchange trader and instructor Bill Poulos. While Bill might be an expert when it comes to real currency trading, that really doesn’t suggest much, unless Bill is able effectively show you the main methods he uses to earn a profit trading forex.
Is Forex Time Machine a complete trading method?
Most trading courses out there don’t teach you the exact setup conditions, precise entry rules, primary stop rules and different exit strategies for the strategies they teach. With out each of these elements, setup conditions, entry, exit and stop loss rules, no method should ever be considered complete. Forex Time Machine teaches in great detail, all of these most crucial elements of a sound forex trading system.
Does Forex Time Machine contain more than one trading method?
Most courses out there hardly teach forex traders a single method. So you may be shocked when you discover Forex Time Machine teaches three complete and totaly unique methods. The most significant aspect here is that the three strategies taught give forex traders more opportunity to maximise their profit potential without increasing their risk. Forex Time Machine is a new foreign exchange course that teaches three separate trading methods that you can apply to any timeframe. This is really awe-inspiring. It is irrelevant if you’re a day trader, a casual trader, an end-of-day trader – these methods work across multiple timeframes. In fact, you’ll find you can do almost all of your trading activities in less than twenty minutes a day if you’d like ( the casual trader or end of day trader ) or you can trade as frequently as you need. That’s’s fantastic considering there are three different methods you can work with.
Does Forex Time Machine incorporate good risk management?
Unfortunately risk management is frequently the most overlooked area for new and novice traders. To make matter worse, many automated trading systems as well as hands on trading strategies that are taught, contain no risk management in any way. It is totally ridiculous to ignor risk when trading foreign exchange. What good is a technique that makes 20%, 50% or more in a few weeks when it sure to loose everything in just one or two bad trades. Good risk management is an essential element in any forex system. This is one of the most comprehensive, yet easy to understand teachings in Risk Management on the market. The theory of getting shot of risk in every trade is the newest ’secret weapon’ for successful forex traders who have figured out the easy way to beat the banks and brokers. In the Forex Time Machine course, not only is it simple to comprehend and implement the risk management strategies, but you can learn how to incorporate it into your trading life, that’s’s education you may own forever!
here’s a fast summary of what you receive in the Forex Time Machine trading course
New to Forex Trading? Have they’ve got you covered
For those that are new to forex trading, the Trading and Basics part of the Forex Time Machine course is a refreshing, detailed look into the world for forex trading. All the key subjects that you must get going are covered in this module. You can learn what a forex pair is, how to trade the forex pairs, the easy way to master the technical indicators that are utilized in the strategies, ways to manage leverage and margin correctly, understanding and idendifying trends, and much , much more.
This seventy five minute segment will answer any amateur question about forex and forex trading and when you’re done, you will be in a position to take on the markets!
Learning Expectations?
Know exactly what to expect
Learning forex can take a tremendous effort – so in the Background and Overview section of the Forex Time Machine, you’ll find exactly what you should be expecting to learn from the course and the path you can take to get there. You’ll discover the 6 forex pairs that are most fitted for trading with the Forex Time Machine strategies and you can even jump right in the water with detailed trading examples X this instant immersion will surprise you as it shortens your learning curve substantially .
Currency exchange Time Machine Trading system 1 – Breakout Method
The 1st method covered in the Forex Time Machine course is the Breakout Method. Breakout is intended to capture short term profits on trades generally lasting only 1-5 bars. This strategy’s goal is to capture 10-50 pips per trade and minimize your risk exposure. You can find out how to plot the technical indicators and how to use the entire rules to the method so you can identify the setup conditions, the entry and exit points and where to place initial and ongoing stops.
Once you’re finished achieving mastery of the Breakout method, you’ll see what I mean about having a trading strategy that you own for life.
Forex Time Machine Trading strategy two – Momentum Method
The second forex trading technique covered in the Forex Time Machine course is the Momentum Method. This technique is meant to capture trends that are warming up in the forex markets. Characteristic trades will last from 2-6 bars, and have profit goals of 25-100 pips. Again, you may learn the entire rules for setup conditions, entry and exit points and stop loss targets, along with plotting the technical indicators for this technique.
As you can see, if you were learning Forex Time Machine at this time, you would already have 2 trading strategies with different methods to attack the markets. So, let’s add a third method!
Forex Time Machine Trading Method three – Spring Method
The third method covered in the Forex Time Machine course identifies trend reversals and works to guard you against fake with the trend’ signals. Typical trades are in the 2-6 bar range and target profits of 25-100 pips. You’ll find out how to apply the indicators to this strategy, how to identify the setup conditions, when to get in and when to get out of the trade, and a way to manage your stop losses to snatch to most profit potential.
So there you have three separate strategies to take on the forex markets – but remember, each method teaches you the easiest way to go LONG or SHORT the marke, so truly you have six ways to trade the forex markets in one single course.
But we are still not done, because in the last segment, Bill teaches you the most vital aspects to turning into a successful trader. These are lessons which will last you an entire life and are lessons he has developed over his very own 35 years of trading.
Bringing it all together – Risk Management
This part of the Forex Time Machine course is probably one of the finest that has ever been created and definitely the most significant. You will spend a major amount of time educating yourself on risk management, its importance and how to incorporate it into your trading plan. In all the trading education, from courses to books and videos, failure to follow Risk Management rules is the number one KILLER pathogen for most traders.
If you aren’t following risk management rules, you’re certain to lose your money faster than those who are. You’ll learn how to shield your account balance and how to protect every trade you place.
Bringing it all together – Emotional Control
Next learn the importance of DISCIPLINE and how to get emotion out of your trading ( as it doesn’t belong there ). Your goal is to learn how you can exert more control over yourself to protect your trading activities and to make better decisions when trading.
All in all, this is the most complete course, that covers all the important topics, from Basics to the trading methods to risk management.
Forex trading Blueprints
The Forex Time Machine also includes unique currency trading plans. These plans make it super straightforward to plan and place your daily trades. The plans lay out the step-by-step guidelines to follow for each of the strategies and will seriously reduce your time in the trenches. You will get so good at trading with the plans, you will be able to do it in less than twenty minutes.
Full year of Student Support
Profits Run continues to spend time and money building the best student support team in the industry after you have become their student. There’s no argument on this point : if you have questions, their support staff has answers. They’re prompt and radical when responding. That’s’s important, because most gurus’ pretty much vanish after you have purchased their course.
one hundred percent Guarantee
But maybe the most stunning component to the Forex Time Machine course, according to other traders, is the sixty day refund. You’ll get two full months to review Forex Time Machine and take it for a test. And, if you decide not to keep it, they take it back, no questions asked.
Forex Time Machine – recap
The Forex Time Machine is one of the most elaborate, complete trading strategies on the market. New forex traders, old forex traders X is not important X there are lessons and secrets for everyone in this course. Following the step-by-step instructions is a breeze and gives you total confidence in getting a handle on the three different methods.
the Forex TIME Machine
Forex Time Machine should get your nod for the best currency trading Method on the market. Check it our for yourself, and let us know if you agree.
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Forex Nitty Gritty
July 16th, 2009
If you’re like many people out there, you’ve probably gotten into Forex trading recently… and then quickly gotten out.
The old adage out of the frying pan, into the fire couldn’t be more true for many traders because they get in on what’s ‘hot’ without realizing how badly they can be burned.
And like many traders, you’re likely drowning in a sea of misinformation about the right way to trade Forex.
All those indicators, all the news, too many self-proclaimed ‘gurus’, red lights/green lights, robots that work for a while but then seem to become infective.
It’s enough to drive you crazy, isn’t it?
Sanity begins here: Forex Nitty Gritty
The TRUTH is too many traders got into Forex trading using complicated schemes that don’t work didn’t work as well as they’d hoped.
The answer is to get back to basics…
Bill Poulos has released brilliant new Forex ‘basics’ course. I say brilliant because it’s the perfect way to learn to trade forex and it’s packed with information to help any level of trader.
Hundreds of traders from all levels have jumped at the chance to join the INDEPENDENT trading community, they’re learning to make their own decisions and they’re learning the SIMPLEST way to determine whether or not they should even enter a trade.
Now I don’t share Bill’s sentiment that Forex robots don’t work. However trading blind with a robot is not smart. It is unfortunate that most robots are marketed on the basis of “You need to know nothing about Forex…”
To see what I mean: Get Started Right Now
No flashy signals, no talking heads, no physics lessons needed.
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Posted in Forex Course, Manual Trading Systems | 
Tags: bill poulos, forex basics, Forex Course, learn forex, manual trading, nitty gritty | 
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Forex Income Engine 2.0 Preliminary Review
June 22nd, 2009
Some of you may be wondering why I haven’t posted much to this blog recently. Well I lay the blame squarely at the feet of Bill Poulos. You see I’ve been going through Bill’s new Forex day trading course, Forex Income Engine 2.0, with the intention of writing a full review. And I thought I could finish it in an afternoon…
Well little did I know what I getting myself in for. Forex Income Engine 2.0 is not a set of trading methods and Forex training that you can sit down and complete in an afternoon. No, this is real meaty stuff and really once you get into the course material, it is kind of like a really good novel, you just can’t put it down. The course goes way beyond what I had anticipated. Not only is it a good solid foundation for anyone wanting to understand Forex trading rather than relying solely on the black box approach. It is full of juicy ideas and methods that would enhance any professional traders tool kit.
So is it all good or are there some bad points. Well I’ll cut to the chase, yes there is a negative and that is this course if chock full of information. Bill could really have made this 3 courses but as the methods taught work in perfect synergy together then I can understand why he is selling it as one massive Forex training course. And in this case the whole is far greater than the sum of the parts.
As you may realize, Forex Income Engine 2.0 is only available for a very limited time and in fact will probably be sold out before Tuesday June 23rd. And I haven’t even started on my full review. So this is going to be a preliminary review, because the doors will have closed long before I have chance to write up and in depth review. I will try and write up something a little more substantial before the end of today.
Forex Income Engine 2.0 isn’t the Forex Grail and Bill makes the point that there is no method that can win all the time, it simply doesn’t exist.
Three complementary methods are taught within Forex Income Engine 2.0. The all use common indicators in an uncommon way. This is what makes the methods very easy to implement yet very effective, as the setups are easy to identify but would be missed by most other traders and other trading methods.
There is strong emphasis of risk management and Bill teaches how to effectively take the risk to zero as quickly as possible during the progress of the trade. Forex Income Engine 2.0 not only presents 3 very powerful methods to identify the ideal entry point but the appropriate exit strategies are covered in great depth as well.
The methods are designed around flexible time frames, anywhere from 5 mins to the 4 hour bars, depending upon your schedule. So for example if you only wish to trade 30 mins a day, you can apply these methods to the 5 minute bars on any of the major currency pairs. Or if you wish to trade through out the day but without needing to watch the trades all day long, you can use the same methods on the 1 hr or 4 hr bars.
Three methods are taught.
Ignition Method: This is designed to capture PIPs during short term continuation of trends. The goal being to pocket 10 to 50 PIPs over 2 to 6 bars.
Overdrive Method: Designed to jump on trends that are heating up in the market with the goal being to grab 25-100 PIPs over 2 to 6 bars.
Spring Method: This method identifies trend reversals as well as providing protection against false “with the trend” signals. The objective is to grab 25 to 100 PIPs over 2 to 6 bars.
One of the interesting points Bill makes throughout, is the objective is not to try and grab every PIP of potential profit. That is impossible and trying to so, is actually why most systems don’t work. Instead the smart approach is to identify a trend, jump on board and ride the movement, managing your risk along the way then get out again before the movement ends.
So do you need to be staring at the screen for hours on end to be there when the setups occur? Actually no, not at all. In fact you can sit down at anytime, flick through the majors in the range of time frames you wish to trade in and at a glance, quickly identify any setups occurring. Once you have been through the methods and practiced looking for the setups a few times, you’ll find they become very easy to spot. So as it turns out, practically any time of the day you wish to do a quick trade, you can quickly identify the setups in action, place your order, manage the trade for the next 2 to 6 bars and be out again.
Claim Your Copy of Forex Income Engine 2.0
Although I’m fan of the back box EA approach using automated trading rules. The Forex Income Engine 2.0 methods are very exciting and significantly more satisfying, if not completely addictive. Bill might just have turned me into a hands on manual trader.
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