Forex Internship

Did you know that 95% of people trading in the foreign currency market lose their money? That’s because only 14% of forex trades are made by small investors. The other 86% of forex trading is made by HUGE BANKS and Big Companies.

That makes your trade like an ant on a leaf floating in the middle of the ocean during a Perfect Storm. Don’t let your ants drown…

I am inviting twelve (12) people to learn how to trade forex, in 2008.

If you are serious about learning to trade in the forex market, please contact me to be one of those 12 people.

There is no cost for this forex education, however, it is obvious to anyone that trading forex comes with inherent costs such as a computer, an extra monitor, internet charges and so on.

I usually charge hundreds of dollars to ‘hand hold’ clients through the forex mentoring process, however, I am offering my forex mentor services for free to the first 12 people that respond to this forex trader invitation.

We can use this forex blog for charting our forex profit progress.

Peace.

Wonderful day to you!

Started the day with 7 wins on the Yen.  I have begun to trade more on interest bearing trades.   These are byse (buy yen sell euro) and bfsg (buy franc sell great british pound).   This is my second time entering a trade that will last at least a week. Of course with margin management there is never any fear of loss.  I had six trades open for a week and won all with 5 pips profit.   With a 20+K account margin must stay above 400%.  Keep note that the Franc and GBP do take up more margin than the Yen or Euro.

My score to date is 319-0-1.

Restful trading to you.

Hey all!

I’ve been learning about currencies and indicators.  ‘Til now the RSI strategy has been the most successful.  That is, after checking the forex forecast calendar. 

After attending a live webinar and listening to the guy speaking live, I heard him say that he was trading only the interest bearing trades, that is: buy yen, sell euro, buy franc, sell pound.  I remember this without equivocation through: byse and bfsg (beef seargant or seargant beef).  Funny, but effective.  He talked about scaling on trade, which is the following:

type      lots    symbols   price            t/p                                  profit

buy       1.00   usdjpy     121.64         121.69                           -8

(when negative 8 you scale, which means you enter another same trade)

buy       1.00   usdpy      121.59          121.64                          -3

(then you modify the first to the same take/profit as your second trade)

buy      1.00    usdjpy     121.64           121.65

your order window should look like this:

buy       1.00   usdjpy     121.64          121.65                          -8

buy       1.00   usdjpy     121.56          121.65                          -3

Closing both trades at the same time and making a bit more profit.  I have a higher profit using this strategy.  It allows me to close sooner with profit.  Ending with a profit of:

1pip first trade

10pips second trade

 Pretty cool don’t you think?  I think so, my score is now: 296-0-1 with some trades closing at a loss but with an overall profit swap interest.

Wish you a restful trading week. 

Hi all!

Have you seen my new converted forecast economic calendar for the forex market? I added color and tabs.  I realized that many people trade only certain currencies; therefore, I separated the currencies major events.  I also highlighted the minor economic events.  I’m sure others were affected two weeks ago by a minor economic talk given that boomed the Euro way up.  I am learning that it is important to note the events.

I am now at 244 wins, 0 losses, and 1 technical error.

Wish you a restful day! 

Wow!

I am amazed how the forex protocols I’ve been using are paying off.  Check the forex forecast calendar, follow the RSI and trade. I am now 222-0-1.  I have also began trading another account, which I have doubled using the same strategy.

Although some trades don’t close on a daily basis, they eventually come around. Patience in currency trading is paramount. I’ve learned through sittingducktrades.com that some traders never sell the Yen or buy the Euro since after a day interest will have to paid on open trades.  Meanwhile when one buys Yen and sells Euro, interest is due you.  Always nice to receive in addition to the profit made. I am attempting to remember this by remembering “byse” buy Yen sell Euro.  Not following this strictly at the moment.  But certainly significant to note.

Hope your evening is restful!

Hello!

I decided to learn about the different indicators out there.  There are many; however, I’ve decided to follow RSI and perhaps bollinger bands.  I buy low, when the RSI is below 25.  I sell high, when the RSI is above 70.  Note my score is 168-0-1.

If you are checking the forex forecast calendar that I converted, you will have noticed the color codes on it.  I would appreciate some feedback.   A simple, “yes, I like it” or “I like it with no color” would do.  Thanks for taking a moment.  It certainly helped me this week.

Wish you a restful evening. 

Alright!

I am proud to announce that my score is 114-0-1 (the technical error).  I continue to check economic news with the forex forecast calendar at dailyfx. I only trade safely. I never trade blindly. 

I always modify my wins with take/profit; however, I noticed that I rarely wait for it to hit my profit value.  I did wait today and overnight last night and won all my trades. The free classes at sittingducktrades site have helped me.; but I remain skeptical as to whose advice to take.  Until today, they have not failed me.

Wish you a restful night.

 Wow!

You know how you want to be sure that you win when you want so you keep the  order window open and you place your finger on the mouse, because under no circumstances will you lose a trade or a pip.  Well, I was determined to win and did not move a finger until I knew for sure that I will win.  When I saw the price I wanted I pressed the button. Yes! That’s what I’m talking about.  Except that I failed to check where the mouse was located and in what trade the order form was for.  To my detriment, I lost a trade.

Although, forex market technical errors are common I do not appreciate them.  After that technital error I won 22 more trade s;making my score 68-0.  I’d rather not remember the loss.

I converted the dailyfx market forecast calendar again, it is available to you. 

Wish you good trading.

Hello all,

Thank you for taking time to read.  Surgery went well, but still recovering.  I will update you as I go.

Today alone I’ve won 12 and lost none.  I did check the economic news in the dailyfx calendar and have converted it.  I find that having the forex forecast up when I am trading gives me peace.  I can then focus on strategies.

I did make a few mistakes and went into a eurojpy trade, which I got out at O. Thank goodness.  Technical mistakes will happen, its good when we can actually get out of them.

Hope your days are restful.

56-0

Hello!

37-0 is my current forex trading score. pretty cool hu? I continue to trade in one currency at a time.  I’ve also began attending some free classes being taught online, very useful free information.  There’s actually a live guy teaching it, which to me, is a great opportunity.

The forex forecast calendar looks busy this week, so be sure to look. I converted the calendar on Friday.  I will continue to trade tonight.

A restful evening to you.

P.S. I will be in surgery on Monday, so I will be off for a little bit. Those of you who pray, send a prayer for me. Thanks.