Forex Robo Trading

Posts Tagged ‘entry setups’

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