238 pips profit was generated for the period of 1st November to 16th of November 2009. 6 trades were executed: 6 trades won and 0 trades lost. This results in a Success rate of 100%!
If you are trading 1 full contract (100,000) per trade, your profit for 238 pips will be around US$2,380.
Here are the details of my trades:
1. EURUSD: 31 Pips Profit
EURUSD looks weak. Decide to close my EURUSD position first and buy back at lower level (16 Nov 09). Sold EURUSD at 1.4961, profit is 31 pips .
Original trade:
Buy EURUSD at 1.4930 Stop level at 1.4840 Target level at 1.5030
2. AUDUSD: 52 Pips Profit
AUDUSD has difficulty in going above 0.9350 resistance. So decide to close AUDUSD position at current price of 0.9346 (16 Nov 09). Profit for this trade is 52 pips.
Original trade:
Buy AUDUSD at 0.9294 Stop level at 0.9200 Target level at 0.9380
3. 24 Pips Profit
I had closed my position at 1.4951, profit is 24 pips (12 Nov 09).
Original trade:
Sell EURUSD at 1.4975 Stop level at 1.5070 Target level at 1.4880
4. AUDUSD: 11 Pips Profit
We have a small profit today (6 Nov 09). Though the profit is small, it is still a winning trade.
Original trade:
Buy AUDUSD at 0.9089 Stop level at 0.9010 Target level at 0.9180
5. AUDUSD: 62 Pips Profit
Current market condition is still rather unstable. Since I am sitting on some decent profit, I will choose to close my position (4 Nov 09). I closed my position at 0.9040, 62 pips profit.
Original trade:
Buy AUDUSD at 0.8978 Stop level at 0.8890 Target level at 0.9080
6. EURUSD: 58 Pips Profit
I had closed my EURUSD at 1.4826, 58 pips profit.
Original trade:
Buy EURUSD at 1.4768 Stop level at 1.4670 Target level at 1.4870
All of my trades are executed based on fully tested trading system based on real life experience.
If you are interested to learn about this trading system, send an email to me at metal.commodity@tradingeducationprogram.org to sign up for my Trading Education Program.
If you have been trading long enough, I believe you will be very familiar with the technical indicators, ie Bollingerband, MACD, Williams, Commodity Channel, Relative Strength Index, Parabolic etc.
But have you been making money using those indicators? Sometimes I guess. Have you wondered why sometimes it works and why sometimes it does not work?
I had heard of extreme comments from other traders, ie "indicators do not work", "don't waste your time using indicators", etc. Possibly those traders have been losing a lot of money using indicators in their trading and possibly they have learned to trade forex the wrong way.
In the past 1-2 years I have heard of trading courses started to teach trading without using any indicators. So this means even the trading educators who have been trading for years do not believe in indicators.
Since indicators have been an important tool in trading, in Tactical Trading Academy, we have done extensive research into this area. Our conclusion is that different products (currency pairs) have different behaviours. So you must use specific indicators for specific products. From this research we have discovered BL TS System. All of our student learn to trade forex using BL TS System.
In our website under "Our Trading Secret", we mentioned that we have evidences to show that using fixed indicator will not be profitable strategy in the medium term. You have to choose the correct indicator for the correct currency pair.
Let us use AUDUSD as an example. The graph below will show you what is your equity value if you have been using those indicators to trade AUDUSD for the past 6 months.
The graphs show that if you have been using MACD and Bollingerband to trade, you will do well. We perform our quantitative test and send out the results to our subscribers on a weekly basis. So our subscribers will know specifically which indicators to use for which currency pairs.
As a matter of fact, MACD and Bollingerband had signal buy on Friday, we had entered a buy trade on AUDUSD at 0.9294, see here. Currently this trade is sitting on 40 pips profit.
We believe this research discovery is a breakthrough in the trading industry and few traders are aware of this.
If you are interested to Learn Forex from us, send an email to us at metal.commodity@tradingeducationprogram.org.
Upon subscription, you will receive the followings: 1. Weekly updates on the proven indicators 2. One-to-one coaching on trading 3. Live emails reminders when trading opportunities occur 4. Ebook on our trading strategy
We had generated 4278 pips profit since August 2008. This is also a great achievement for our students and subscribers who have taken the commitment to learn forex trading from Tactical Trading Academy.
We do not have 100% success rate in our forex trading program. But we have more Profits than losses, this shows that we have a proven forex trading strategy.
Our track record as follows. As usual more PROFITS than losses:
171 pips loss generated in the month of October 2009: See here.
490 pips profit generated in the month of September 2009: See here.
327 pips profit generated in the month of August 2009: See here.
228 pips loss generated in the month of July 2009: See here.
1259 pips profit generated in the month of June 2009: See here.
24 pips profit generated in the month of May 2009: See here.
313 pips loss generated in the month of April 2009: See here.
345 pips profit generated in the month of March 2009: See here.
525 pips profit generated in the month of February 2009: See here.
317 pips loss generated in the month of January 2009: See here.
699 pips profit generated in the month of December 2008: See here.
857 pips profit generated in the month of November 2008: See here
781 pips profit generated in the month of August – October 2008: See here
Here are the performance of our trades (3959 pips profit for the past 1 year):
327 pips profit generated in the month of August 2009 228 pips loss generated in the month of July 2009 1259 pips profit generated in the month of June 2009 24 pips profit generated in the month of May 2009 313 pips loss generated in the month of April 2009 345 pips profit generated in the month of March 2009 525 pips profit generated in the month of February 2009 317 pips loss generated in the month of January 2009 699 pips profit generated in the month of December 2008 857 pips profit generated in the month of November 2008 781 pips profit generated in the month of August – October 2008
We do not have 100% success rate in our trades but we have more wins than losses in the medium term. This shows that we have a proven strategy.
If you would like to learn a proven strategy, do send us an email at metal.commodity@tradingeducationprogram.org.
Choosing the right Forex trading course may sound easy but it is not. With hundreds of Forex courses being sold on the Internet, it would be very difficult to identify which one would help you succeed.
So here are some important things you have to consider when choosing the right education. These pointers should help you to identify which course is good and which ones are worthless.
Do Not Buy the Basics
The first thing you have to remember is not to buy a course that will teach only the basics of Forex. You can easily get such information for free. Even your broker can provide free basic trading courses and tutorials.
You will only waste your money on courses that teach you how to trade, how to read charts, and other information that you can get for free. Most probably, these courses are just written by authors who compiled different Forex information and sold them as a Forex course.
In Tactical Trading Academy, we do not waste time teaching the basics which can be found easily on the internet and books. We are focus on making trading profits in our education program. The things that we taught cannot be found in anywhere else because we had created the system ourselves, it is our proprietary system.
Focus on Strategies and Advanced Techniques
What you should be looking for is a Forex trading course that will teach you the step by step process of building a proven trading system. However, you need to ensure that the strategy being discussed by the course has been proven in actual market conditions.
We taught BL TS system at Tactical Trading Academy. This system has been fully back-tested and it has been proven to be profitable in actual market conditions. We post our trade ideas in our website on a daily basis. Purpose is to let our prospects and readers know that BL TS system is still very relevant and profitable in current market condition.
Choose a Course that Offers Hands-On Services
Majority of courses are packaged into ebook modules which you can read and study. Although these types of courses may provide valuable input to sharpen your Forex knowledge, it would be best if the course provider can include hands-on training.
In Tactical Trading Academy, besides providing a ebook on the details of our system, we also provide unique hands-on training which most other trading courses do not provide. We will send trade emails for 2 months to our students so they will learn when and why to enter a trade in a Live Trading environment. Our trainer spends 15 hours watching the forex market so he can identify trading opportunities and show them to his students.
Ensure that the Testimonials are Real
Testimonials can be faked and posted on the website.
In Tactical Trading Academy, we take efforts in letting our prospects and readers know that our testimonials are real. We will print screen testimonials emails sent from our students and post them in our website.
Cost of the Trading Program is part of your Trading Cost
Many of the trading seminars cost more than $3000. Students who attended the course need to achieve a profit of $3000 before they can reach breakeven point.
In Tactical Trading Academy, the cost of our program is very affordable and economical. Most of our students can easily achieve profit that can cover the cost of our trading education program. One of our students had covered the cost of the program after his first two winning trades.
Value-Added Services Offered in the Program
If the coaching style and cost of the program are similar, what are the value-added services provided in the different programs?
Through the years of working in the financial sector, we have built connections with the bank forex traders in Asia, Europe and America. They are willing to feed us with some of their order flows information. These are news which money cannot buy. In our view this service alone is worth the subscription fee. We believe we are the only trading education program that offers this service.
The above reasons explain why we are the best choice in online trading education program. To sign up for our Trading Education Program, send an email to metal.commodity@tradingeducationprogram.org.
We have post our trades regularly in our website and you can see that we are profitable traders ourselves. We believe that only profitable traders can qualified to be trading educators.
These are our trades in the first week of September 2009:
262 pips profit was generated. 4 trades were executed: 4 trades won and 0 trades lost.
If you are trading 1 full contract (100,000) per trade, your profit for 262 pips will be around US$2,620.
Here are the details of my trades:
1. USDJPY: 14 Pips Profit
Today US is going to announce Non-Farm Payroll data, hence forex market is going to be extremely volatile during the New York hours. Since USDJPY position is sitting on some profit, I decide to close this position at 92.59. Profit is 14 pips.
Original trade: Buy USDJPY at 92.45 Stop level at 91.71 Target level at 93.40
2. EURUSD: 56 Pips Profit
Price action looks weak. I closed my position at 1.4277, 56 pips profit.
Original trade: Buy EURUSD at 1.4221 Stop level at 1.4148 Target level at 1.4324
3. USDCHF: 110 Pips Profit Target level is reached at 1.0700, profit is 110 pips.
Original trade: Buy USDCHF at 1.0590 Stop level at 1.0500 Target level at 1.0700
4. AUDUSD: 82 Pips Profit I closed my AUDUSD position at 0.8346, 82 pips profit.
Original trade: Sell AUDUSD at 0.8428 Stop level at 0.8510 Target level at 0.8334
If you would like to sign up for our program, please send email to us at metal.commodity@tradingeducationprogram.org.
We have post our trades regularly in our website and you can see that we are profitable traders ourselves. We believe that only profitable traders can qualified to be trading educators.
These are our trades in August:
327 pips profit was generated in August 2009. 20 trades were executed: 13 trades won and 7 trades lost.
If you are trading 1 full contract (100,000) per trade, your profit for 327 pips will be around US$3,270.
Here are the details of my trades:
1. EURUSD: 41 Pips Profit
Support forming at 1.4250. I decide to close my EURUSD at 1.4290, profit is 41 pips.
Original trade:
Sell EURUSD at 1.4331 Stop level at 1.4450 Target level at 1.4189
2. AUDUSD: 98 Pips Profit
I had closed this position at 0.8279, 98 pips profit.
Original trade:
Sell AUDUSD at 0.8377 Stop level at 0.8500 Target level at 0.8251
3. EURUSD: 74 Pips Profit
I had closed this position at 1.4237, 74 pips profit.
Original trade:
Sell EURUSD at 1.4311 Stop level at 1.4400 Target level at 1.4197
4. USDCHF: 47 Pips Profit
I had closed this position at 1.0676, 47 pips profit.
Original trade:
Buy USDCHF at 1.0629 Stop level at 1.0525 Target level at 1.0824
5. GBPUSD: 73 Pips Profit
I closed my position at 1.6425, 73 pips profit.
Original trade:
Sell GBPUSD at 1.6481 Stop level at 1.6610 Target level at 1.6339
6. GBPUSD: 129 Pips Loss
Stop triggered, loss is 129 pips.
Original trade:
Sell GBPUSD at 1.6481 Stop level at 1.6610 Target level at 1.6339
7. AUDUSD: 81 Pips Profit
Recently AUDUSD has fallen due to weak Asian stock market. So I decide to take profit in this rally. I had closed this position at 0.8299, 81 pips profit.
Original trade: Buy AUDUSD at 0.8218 Stop level at 0.8100 Target level at 0.8400
8. USDJPY: 101 Pips Loss
Stop triggered. Loss is 101 pips.
Original trade: Buy USDJPY at 95.01 Stop level at 94.00 Target level at 96.17
9. USDJPY: 53 Pips Loss
USDJPY looks really weak. Cut loss on USDJPY at 94.25, 53 pips loss.
Original trade:
Buy USDJPY at 94.78 Stop level at 93.90 Target level at 96.24
10. AUDUSD: 64 Pips Profit
I had closed this trade at 0.8318, profit is 64 pips.
Original trade:
Sell AUDUSD at 0.8382
Stop level at 0.8460
Target level at 0.8249
11. USDJPY: 117 Pips Loss
Stop triggered, loss is 117 pips.
Original trade:
Buy USDJPY at 96.17
Stop level at 95.00
Target level at 97.33
12. GBPUSD: 147 Pips Profit
Target level is reached, 147 pips profit.
Original trade:
Buy GBPUSD at 1.6509
Stop level at 1.6380
Target level at 1.6656
13. AUDUSD: 117 Pips Profit
Target level is reached, profit is 117 pips.
Original trade:
Buy AUDUSD at 0.8281
Stop level at 0.8190
Target level at 0.8398
14. GBPUSD: 73 Pips Loss
Stop triggered, 73 pips loss. Stop placed too near, price rebounds after stop is triggered.
Original trade:
Buy GBPUSD at 1.6504
Stop level at 1.6431
Target level at 1.6620
15. EURUSD: 83 Pips Loss
Stop triggered, 83 pips loss. Stop placed too near, price rebounds after stop is triggered.
Original trade:
Buy EURUSD at 1.4172
Stop level at 1.4089
Target level at 1.4279
16. AUDUSD: 75 Pips Loss
Stop triggered, loss is 75 pips loss.
Original trade:
Buy AUDUSD at 0.8395
Stop level at 0.8320
Target level at 0.8491
17. USDJPY: 98 Pips Profit
Target level reached for USDJPY, profit is 98 pips.
Original trade:
Sell USDJPY at 97.28
Stop level at 98.00
Target level at 96.30
18. USDCHF: 36 Pips Profit
I closed my trade at 1.0664, profit is 36 pips.
Original trade:
Buy USDCHF at 1.0628
Stop level at 1.0570
Target level at 1.0718
19. USDJPY: 30 Pips Profit
CCI is looking overbought. I closed my trade at 95.64, profit is 30 pips.
Original trade:
Buy USDJPY at 95.34
Stop level at 94.32
Target level at 96.28
20. USDJPY: 52 Pips Profit
I closed my position at 95.22, profit is 52 pips.
Original trade:
Buy USDJPY at 94.70
Stop level at 93.90
Target level at 95.46
If you would like to sign up for our program, please send email to us at metal.commodity@tradingeducationprogram.org.
Chen had just completed the 2 months forex education program. At the end of the program, he said in his email that the educator’s trading has shown a valid methodology and he will continue to practice the methodology in his own trading.
Content of his email:
If you wish to learn forex trading from us, do send us an email to metal.commodity@tradingeducationprogram.org. Our course fee is very reasonable and affordable.
"Hi Brendan, I just wanted let you know that I’ve learned so much about trading in the Forex Market since I took your course. I started trading since the beginning of the year but with not luck at all, but after learning about your system I notice a huge difference and I feel more confident than before.
According to his email, Abner had won 4 out of my last 5 trades by following my strategy to trade. And in the last two days of trading his profit was up 109 pips.
"I've been on this tactical trading academy programme for about 3 months but only became more participative in learning after moving from a demo account to a standard account recently. Throughout this period I've come to notice that Brendan is very committed to my trading success and I've learnt alot from him so much so that I've become more confident in my trades especially when we have the same views. The trade mails and market news itself are already paying off the monthly subscription and its only a small nominal fee compared to what you're getting in terms of profits.
The BLTS system is really powerful and gives indications to profitable trades with minimised risk. It took me some time to pick it up but once you're proficient, it'll benefit you for the years to come. I'm still learning everyday and its great to know that you have a real seasoned trader who is trading alongside you and who will answer your questions instantly whenever you have doubts in his trades. He takes time to explain the rationale of his trades which adheres to his BLTS system and there are also videos from past trades which I picked up afew points in understanding his system and trades.
Brendan thank you so much for the invaluable lesson and the BLTS system. I look forward to learning more from you.
Buy GBPUSD at 1.6199 Stop level at 1.6090 Target level at 1.6344
If you are interested to learn forex from our Trading Education Program, do send us an email to metal.commodity@tradingeducationprogram.org.
Upon subscription, you will receive the followings: 1. Weekly updates on the proven indicators 2. One-to-one coaching on trading 3. Live emails reminders when trading opportunities occur 4. Ebook on our BL TS system 5. Live update on market activities 6. Unlimited email and skype support for 2 months
Forex Educator used to work as an investment manager in a hedge fund whereby his job was to generate revenue for the firm using forex trading.
Now he specializes in teaching real people how to trade the Forex market for long term financial success. He is a full time currency trader, educator and success coach to many forex traders. To read more about his Trading Education Program, click here.
Forex Educator is the founder and CEO of TradingEducationProgram.org, a forex powerhouse online portal that provides premium forex trading tips and resources. It strives to empower people worldwide to improve their forex trading skills and help them path their way to financial freedom.
His forte is in forex trading, forex market analysis, technical analysis and creating simple, yet powerful forex trading systems. He believes that forex trading is a MUST for long term financial success because stock investment is no longer an answer to enhance your wealth management. He believes we will face a long term recession which will depress the stock market for a long long time.
Forex Educator had graduated with Bachelor of Business (Economics and Finance).
Sponsored Links
Disclaimer
Forex Trading involves substantial risk of financial loss. www.BestLearnForex.com is designed as a reference for traders and a presentation of trading ideas. Users are advised to be carefully consider whether trading Forex is appropriate for their in light of their experience, objectives, financial resources and other circumstances.
U.S. Government Required Disclosure - Commodity Futures Trading Commission. Forex, Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options.
No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on the website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC Rule 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under or over compensated for the impact, if any, of certain market factors, such as lack of liquidity.
Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
