Friday, February 18, 2011

Nial Fuller's forex trading course review

Ok, since this blog is about Nial Fuller's forex trading course, I feel like I should write some more about it since I have not discussed it much in recent posts.

What you will learn:

  • Price action trading strategies, the same one that Nial uses, I have used them for quite a while now and they do work if you use discretion when administering them to the market.
  • How to find the confluent areas in the market to trade from and trend trading with price action.
  • How to define risk / reward on each trade.
  • How to draw support and resistance levels.
There really is a bunch of other great things you will learn, but many of them come via the member's commentary and the traders forum and the member's videos and articles. It honestly would take too long to discuss it all. But, just know if you are reading this, you should check out Nial's course if you are at all interested in it, it's very reasonably priced and you get more than what you pay for for sure.

Saturday, February 12, 2011

Forex trading with indicators

The article posted at learn to trade the market last week about trading the forex market with indicators, is really an intriguing article. I was in the indicator-camp when I first came into the forex market and I lost a lot of money mostly as a result of the mess that I had to try and interpret all over my charts.

After I found Nial Fuller's website and studied all the free material and then took his price action trading course, my trading began to turn around quite drastically. I really started to think differently about the market now that I could see the price clearly and didn't have to "guess" about what my strategy was exactly. So, if you want to read a very good article about forex trading and why trading with indicators is not a good idea, check out the link below.

http://www.learntotradethemarket.com/forex-articles/trading-with-indicators-destroys-forex-trading-success/