Pristine.com - Educating Investors And Traders For Success In Today's Market!

Forex Trading Room (8am to 11am EDT Daily)

The Philosophy

The day in the life of a Forex trader includes setting up for the day, finding the flavor of the day or week, and selecting the currency pair or pairs that are likely to have the highest probability trade setups during the morning trading session. Real time trading and market guidance is coupled with live market analysis. The Forex trading room lays the foundation for developing day trading skills in order to create income. It also provides thorough analysis for potential swing trades, outlining entry and exit points for trades which may develop after the trading room closes.

The Method

Finding Forex trades are all about Planning the Trade and Trading the Plan. A thorough analysis is done at the start of the session, along with reading the news and preparing for the NY session releases. The analysis includes a recap of the first two time zones, Asia and Europe, and a discussion of what the potential movement will be during the NY session. A top-down approach is conducted on all of the pairs which show potential. Then the fun begins, by setting up the charts to track the minute by minute currency moves on 3-4 pairs at a time. Chart patterns, moving average trend analysis, Fibonacci analysis and candlestick patterns are just some of the skills developed during this session. The pip goal in this day trading room is to make 20-40 pips a day on solid trade setups. It is recommended that profits are taken on each position after 15-20 pips, as there are always other trades to take. Swing trades that are discussed are designed to make 50 - 100 pips per trade. The number of currency pairs discussed will vary, although the EURUSD is always traded in the room. Inter-market analysis is also conducted, as the currencies often play off of stock market and commodity price movements.

The Moderators

Jody Samuels: Jody Samuels, one of North America's leading coaches for successful traders, heads up the Forex Division at Pristine Capital Holdings. Jody's trading expertise... more

Michael Syvertsen, Mick Lewis and Neil Bradford join Jody in moderating the daily FOREX Trading room.

Rates:
$149 Monthly Now $99
$447 Quarterly Now $297
$1788 Yearly Now $1188

Introductory Rate for a Limited Time Only!