The team of mentors at Forexmentor has helped over 27,000 traders just like you to learn to trade the Forex successfully and consistently. Whether you are a complete newcomer to Forex trading or someone looking to improve your trading results, our straight forward, self-paced Forex trading courses have empowered thousands of individuals to build a consistent income stream from trading the Forex market.
For many years, Vic has been very passionate about helping our members, and now, with the addition of Darko to the team, you have two mentors who are 100% dedicated to providing the best Forex training on the internet. The Pre-Market Analysis videos that Darko records every day are second to none, and when you hear the confidence and conviction in his voice, you can’t help but be very inspired. We’re very confident that the Coach’s Corner is the last training resource you’ll ever need!
The MA lines will be a support zone during uptrends, and there will be resistance zones during downtrends. It is inside and around this zone that the best positions for the trend trading strategy can be found. Learn to trade step-by-step with our brand new educational course, Forex 101, featuring key insights from professional industry experts. Click the banner below to register for FREE!
This strategy leverages early market moves of certain highly liquid currency pairs. The GBPUSD and EURUSD currency pairs are some of the best currencies to trade using this particular strategy. After the 7am GMT candlestick closes, traders place two positions or two opposite pending orders. When one of them gets activated by price movements, the other position is automatically cancelled.
However you decide to test your strategy, you need to understand the results you get. Intuitively, you would want to judge the results according to strategy's profitability, but you should not forget about other important parameters of successful trading strategies. They are: low drawdown sizes, short drawdown periods, high probability of winning, high average reward-to-risk ratios and big number of trades. Ideally, your system should earn equally well on bullish and bearish trades, the resulting balance curve should be consistent and uniform, without significant drops or long flat periods.
Did you know that Admiral Markets offers an enhanced version of Metatrader that boosts trading capabilities? Now you can trade with MetaTrader 4 and MetaTrader 5 with an advanced version of MetaTrader that offers excellent additional features such as the correlation matrix, which enables you to view and contrast various currency pairs in real-time, or the mini trader widget - which allows you to buy or sell via a small window while you continue with everything else you need to do.
As a pioneer Forex trainer, Vic Noble has coached thousands of Forex traders worldwide since 2006Darko, a former student of Vic’s, has been trading for 12 years. In 2016, he completely turned is trading around and has been profitable every single month since then, with the exception of one month (loss of just 0.5%). Darko has now joined Vic in our popular Coach's Corner service, and has taken on the role as lead mentor, with his amazing daily Pre-Market Analysis videos. As Forex coaches, Vic and Darko see the challenges Forex traders face on a daily basis.
The problem with learning to trade forex alone is that you can only go so far. When you get confused or lost – you’re alone. Yes, you can submit a ticket to get support, but it often comes from someone who doesn’t know any more than you. At Forex Mentor Pro we work differently. When you choose us, you get access to our experts who have over 50 years of combined trading experience! as well as our proven systems.
High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.
There is an additional rule for trading when the market state is more favourable to the system. This rule is designed to filter out breakouts that go against the long-term trend. In short, you look at the 25-day moving average (MA) and the 300-day moving average. The direction of the shorter moving average determines the direction that is permitted. This rule states that you can only go:
When it comes to clarifying what the best and most profitable Forex trading strategy is, there really is no single answer. Here's why. The best FX strategies will be suited to the individual. This means you need to consider your personality and work out the best Forex strategy to suit you. What may work very nicely for someone else may be a disaster for you.
Premium Members have access to our 24/7 Skype Trading Chat Lounge. The Chat Lounge has proven to be an incredible, interactive resource. You can get questions answered immediately, either by text and/or screenshot, or even a mini-video! Plus…interact with other members, see how others are managing their trades etc. If you want to get up to speed in the quickest way possible, there is no better resource than the Skype Chat Lounge!
Risk warning: Trading Forex (foreign exchange) or CFDs (contracts for difference) on margin carries a high level of risk and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Before using Admiral Markets UK Ltd, Admiral Markets Cyprus Ltd or Admiral Markets PTY Ltd services, please acknowledge all of the risks associated with trading.