Forex Robo Trading

Posts Tagged ‘day trading’

There have been a lot of casual traders asking about the ins and outs of scalping.

The issue of Forex scalping has become a very common theme recently.

What is Forex Scalping?

Scalping forex, is the act of entering and exiting the market VERY quickly and grabbing 15-40 pips on average.

And if you’re wondering why, the answer is simple. It’s because scalping, if done right, can be the fastest way to earn your entire day’s pay, before most people have even had breakfast…

So rightfully so, there is a LOT of interest in this kind of trading.

(Not to mention scalping a LOT of fun, VERY exciting, and can be a highly accurate way to trade the markets IF you know what you’re doing)

The problem is…

Most traders really don’t know what they are doing, get caught up in the excitement of it (anyone who’s day traded or scalped knows EXACTLY what I’m talking about) and will often suffer severe losses.

Well if you have ever tried to scalp, or ever been a little curious about how the pro’s do it, I have some very good news…

My friend and trading colleague Jason Fielder just released a training video entitled “The Anatomy of a High Probability Scalping System”

Delphi – High Probability System Download

…where he answers most (if not all) of the questions he’s received on scalping over the last few years.

In this free multi-media training you will show you:

• His 4 Rules for Developing a High Probability Scalping System
• How he Determines the Best Time-Frames for Scalping (including FREE ACCESS to his proprietary “HotTime” indicator)
• Why Technical Filters Alone Are Not Enough (and which Fundamental Indicators really matter), PLUS…
• His Programming Rolodex for Getting Systems Coded And Tested

In short, you’ll learn how to spot a good scalping strategy from a bad one by seeing exactly how he goes about developing the systems he trades in his own account.

Again, you can access this complimentary training for a limited time right here: Delphi – High Probability System Download
I hope you enjoy it, and above all else I hope it makes you a more confident, accurate trader.

BTW He barely mentions it but included with this training is a proprietary indicator that they use to find the highest probability trading time-frames.

Delphi – High Probability System Download

It’s a really slick tool that they use every day when developing systems, and I think you’ll enjoy using it as well.

Again, no additional downloads are needed…you’ll get it when you access “The Anatomy of a High Probability Scalping System”.

Technorati Tags: day trading, delphi scalper, forex education, Forex Scalping, high probability scalping, jason fielder, online trading, scalp forex

Can You Master Navigating Forex Price Channels Using M3 Navigator and Market Scanner Software?

That is exactly what the Joe Atkins aka Forex Joe, Gary Albrecht and Bill Tainter hope you will achieve with their Market Mastery trading system.

The Forex Mastery method is designed to identify the precise entry point using specific rules of engagement including their proprietary bias and key numbers along with 8 or 9 technical indicators depending on whether the market is trending or oscillating. Things start to get really complex when they take this system and apply it across multiple times frames on multiple currencies. This maybe Forex price channel trading nirvana but is the system too complex?

Enter the M3 Navigator, the automation side of Forex Mastery. And this is where Forex Mastery breaks away from the plethora of Forex education and training programs online. While other systems may be very good, many people are wanting to free up their time by trading Forex. They desire to work less, have more leisure time, spend more time with the family as well as build a nest egg for the future. Staring at charts all day is often not part of the equation. Forex Mastery is a balance between hands on trading where you pull the trigger and software automation to eliminate hunting for setups.

With the aid of the Market Scanner software, the system can alert you when the best high probability setups are occur. Minimizing time spent at the computer. This is not a black box system where you don’t know why or what is happening. Yet you can leave the computer to do the boring grunt work for you 24 hours a day. After all that’s what computers are good at doing.

This is where Bill “The Programmer” Tainter comes in with the Forex Market Scanner which automatically scans multiple pairs and time frames for setups as they develop. And the Forex trading system becomes extremely interesting.

How good is the M3 Navigator in a live trading situation?

Watch, as Gary Albrecht (the creator of the M3 Navigator) shows a recent real-market example of how the software caught a 200 pip move… live in a class full of students last week.

The following video was taken from a class of 50+ students Gary Albrecht taught on Nov 10, 2009. During the class he review the EUR/USD 4 Hr chart. Please note, while instructing the class on reading and anticipating price action, he stated the price of the EUR/USD would move up to the Bias level of 1.5022 at which point he would sell based on previous price action and the software setup.

M3 Navigator Live Trading Video

A full set of Forex Mastery Videos including samples of the actual course can be viewed here.

More about Forex Mastery, M3 Navigator and Market Scanner

Now I wonder what would happen if the M3 Navigator and Market Scanner were put to work on synthetic currency pairs generated with the Quad Charting software which is part of the current Correlation Code Bonus Pack?

Technorati Tags: Bias Key Level, Bill Tainter, channel hopping, currency pair, day trading, entry setups, forex education, forex indicators, Forex Joe, forex software, forex training, Gary Albrecht, half pike, Joe Atkins, live trading statment, M3 Forex Navigator, M3 Navigator Live Trading Video, Market Scanner, online forex training, Options University, OU Forex Mastery, OU Forex Mastery Review, risk management, Scalping, swing trading, time frames