Since alerting you to the opening of Bill Poulos’s Forex Profit
Accelerator Group Coaching Program on Monday, I’ve received
emails requesting more info on it.

Well, I just got something better.

It’s a 8 minute, 55 second video preview of an actual live group
coaching session held just last week for one of Bill’s other
coaching classes so you can see what his actual students see.

Check it out here:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f92

(please allow the page a few seconds to load & then press the
play button)

You’ll get a taste of what’s in store for you when you join Bill
as a student of his new program before the doors close next
Tuesday, March 16th, at 11:59pm Eastern (New York time).

Good Trading!

p.s. It looks like Bill’s member’s website preview is still
open, too, where you can pick up some extra complimentary bonus
video training, and also get access to his “Pip Feeder” service.
I anticipate he’ll pull this offline to coincide with the
closing of his program next Tuesday, so make sure you check it
out here:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f93

Your username is: readyto
Your password is: enroll

Hello there. I hope your trading is going well.

Today’s post is mainly geared towards users of EAs (aka Expert Advisors for you forex newbies), so if you’re into EAs keep on reading.

So anyways, a while back I came across a free EA called “Gods Gift v7.” I forget exactly where I found it but I remember after running a backtest on the GBP/USD pair I was all excited that I may have come across a real gem, especially since the maximum drawdown was something like 8-10%! I played around with the EA for a while, but for some reason I slowly lost interest and moved on to other automated trading systems (the dreaded system hopping bug got me).  Some time after that I came across an improved version that makes use of the ATR indicator. Apparently the author of the original Gods Gift EA said on some forum that the original EA no longer works. Thus someone tried to make it profitable again and came up with the Gods Gift ATR version.

Out of curiosity I slapped this EA on a demo IBFX account and let it do its thing. After many months of demo testing I’ve decided to stop testing it. I think it’s safe to say that sadly this EA is not profitable. If it was at some point due to whatever market dynamics were at play, well, great, but it does me no good as at the moment the EA is not profitable. I can best describe its performance as “spinning one’s wheels.” It did not bust the account, but then again nor did it bring the account above the initial starting balance.

I’ve got a trading statement you can checkout which I believe says it all:

http://alansforexblog.com/files/Gods_Gift_ATR-Statement.pdf

If you’re a hotshot MT4 MQL coder and you want to tinker with this EA you can get a copy from the following forum threads:

1) Original Gods Gift (non ATR) version:

http://www.forexnirvana.com/f27/gods-gift-ea-131/

2) Gods Gift ATR version:

http://www.forexnirvana.com/f27/gods-gift-atr-851/

There is also a modified version which has magic number (it can work alongside other EAs) support:

http://www.forexautopilotforum.com/showthread.php?t=36

Please remember to share with the forex community any improvement you make to this EA - you can do so by posting in the above forum threads (I’d recommend Forex Nirvana first though)

Thank you for your attention.

Oh, one more thing. If I come across any profitable free expert advisors I’ll let you know.

Happy EA trading!

Cheers,

Alan

You probably already know that 90% of Forex Traders do NOT profit consistently, or even close to it.
And if you can’t profit consistently in Forex, what’s the point of throwing your money away over and over again?
So, most people therefore eventually do one of two things:

A) Spend thousands for a “professional” trader to show them how to trade properly and still be clueless in the end.

OR

B) Buy junk ebooks, robots, and signal programs that prove to be worthless over and over again!

Needless to say, these bogus services all turn out to be junk. But what about all of the so-called Forex “pros” out there? Well, not very many of them will actually trade in-front of you everyday in a live Webinar…

However, this guy I recently found, is the real deal…

Mr. Colin Atkins started trading Forex about 10 years ago, and is now one of those mysterious 5% of hugely successful traders unlike the other 95% of us.

What he’s done, is created a LIVE trading room where members may log-in 5-days a week, 3-sessions daily and can simply watch him trade (a few trades per session, nice and simple) and duplicate what you see him doing. It’s truly simple stupid.

www.forexliveclub.com

He averages around 60+ Pips a day (plus his long term trades he emails us) , and managed to do over 15,000 pips in the in these first 9 months of opening up the room!  Yes, I know… Insane.

So really, anyone who can simply watch this guy trade can duplicate his winning trades!
No more “signals” or “systems” that never work for any of us. This guy is going to be in the same trades with you, and talking to you live. It doesn’t matter what your Forex experience is, you can finally achieve what you’ve been trying to do…
Stop wasting your money on junk, or thinking that one day you’re going to magically win all your trades.
You’re never going to achieve the results you want. You need to trade with a true professional… Become a professional trader by Colin’s next live trading session and start trading successfully the way you’ve always wanted to…

The link to his site is:

www.forexliveclub.com

Good Trading!

It’s time.

Over the past week, trader Bill Poulos “spilled the beans” on
the top 4 problems his coaching students face with their Forex
trading…

-and then he showed 10,000+ regular folks just like you how to
solve those problems on a special “three-peat” online training
session.

As of this writing, 4,075 of those that attended his training
have already applied for more information on his brand new
“Forex Profit Accelerator Group Coaching Program”, which just
went live today…

-but the sobering reality is that there’s no way Bill can take
on that many new students, so if you have ANY interest in
finally becoming an Independent Master Forex Trader, you need to
move quickly.

——————————-
YES, 20 MINUTES OR LESS A NIGHT
——————————-

I’ve seen a LOT of Forex educational programs online, and here’s
what stands out about what Bill’s doing with this time-limited
program:

1. He has a totally unique twist on Forex trading that he
specifically designed for BUSY PEOPLE. Essentially, he shows you
how to treat the 24-hour Forex markets as “end of day”
markets… so you make all your trading decisions for the day in
20 minutes or less…

2. He’s giving you most of the benefits of 1-on-1 coaching
(which can cost $15,000… $20,000… or MORE) at a FRACTION of
that investment…

3. PLUS… he’s throwing in his time-tested Forex Profit
Accelerator home study course if you’re able to get into his
group coaching program before it closes…

All-in-all, it’s one of the most generous, solid Forex training
programs I’ve ever seen.

So if you want to:

* Quadruple your profit potential…

* Start with a $500 trading account…

* Trade in 20 minutes or less…

* Enjoy high-probability, lower-risk trades…

* Never have to suffer huge losses…

* and finally become an Independent Master Forex Trader…

…then check out the open enrollment letter Bill put together
for you:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f91

If you think 2010 is YOUR YEAR for finally mastering Forex,
I hope you get into this program in time before it closes.

Good Trading!

p.s. I’ve seen this developer’s trading programs disappear in a
matter of days in the past, and it’s a near certainty it will
happen again… so IF YOU VALUE YOUR TIME, I really urge you to
check out his letter here, and then ask yourself how what he has
to say stacks up against how YOU currently trade:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f91

Dear trader,

Here’s the scoop…

TOMORROW, on Monday, March 8th, 2010, the doors finally open to
35+ year market veteran Bill Poulos’s brand new “end-of-day”
Forex group coaching program.

As is par for the course with Bill’s releases, he’s limited the
number of new students he lets in to the program.

So to further help “weed out” the tire-kickers, Bill just
released a TON of extra Forex training materials that he put on
a special Member’s Website Preview for you.

Here are just a few of the goodies you’ll get on the preview
site, beginning TODAY:

** Preview access to his PIP FEEDER service where you can get
daily lists of the Forex pairs that have met his rigorous
trade alert criteria. In fact, these are Forex pairs that
have a high probability of entering into potentially
profitable positions any day now. He’ll eventually be
charging $197/mo for this service, but you can see a sneak
peek for a few days.

** The “Pip Vault”, which contains actual Forex trade example
“screen capture” videos, so you can see exactly how you
can trade in less then 20 minutes a night.

** Day-by-day “trade diaries” that show you the trading
decisions Bill has made each night on some really
great trades (you’ll also see a trade that’s not really going
anywhere yet, and how he manages that situation).

** Previews of the actual CD-ROMs that ship with the course so
you can see exactly the type of material that’s on them.

** and a TON more…

But don’t take my word for it. Go ahead and check it out now by
visiting the web page here now:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f90

Your username is: readyto
Your password is: enroll

Good Trading!

p.s. This complimentary preview access will be expiring in a few
days, and likely taken offline, so I urge you to get in now
while you can if you have any interest learning how to
dramatically up your “pip potential” while saving hours a day at
the same time.

Get in here:

http://www.smartforextraining.com/y/?i=773362&u=1&l=f90

The solution to the problem you don’t know you have?

It is common wisdom that a very large percentage of forex traders lose all their money rather quickly in the forex market.

It is not so common wisdom that the majority of these losers follow very much the same approach to forex trading. (See below)

Anyone with some experience of investigating the world of forex trading via the Internet knows there is a common message, spread by what I call “marketing wizards”.

This message says that forex trading is easy, you can make huge wads of cash with specific technical analysis tools to time the market perfectly (usually on an intra-day basis), and you must not risk more than 2% of your account on any one trade (also called ‘money management’).

It seems like a lot of people simply don’t get it that there is a huge gap between losing most of your money very quickly and being a successful trader over a sustained period of time. It is as if people simply dismiss it. “Won’t happen to me!” If you are saying this right now – you better watch out.

The main challenge facing new entrants to this market (struggling traders) who are caught in the web of the marketing wizards is to see through the illusions created by marketing wizards.

Unlike businesses providing products, services or information in the forex market a trader only has profitable trading as a source of income. If you do not understand this you will probably spend a lot of good money on all sorts of “systems”. You will probably have a mindset that there is lots of good stuff out there which will help you bridge that gap and prevent you from losing. Hell, you’ll think you can make more money by spending more on these things.

I want to leave you with one message today – a message from BWILC:

Do not believe the marketing wizards. The lure of money is very strong and many marketing wizards have no scruples – they will twist, distort or ignore certain facts that will be devastating for you as a trader.

What I am going to say now is impossible for most people to accept, but it is provable by means of a simple experiment like tossing a coin. Try it, toss a coin twenty times, then try use a five / fifteen / thirty / sixty minute graphs to predict the next market move. Now compare results. Frightening huh? Not what you thought? Why? Because in the short term this market moves entirely randomly with respect to direction, duration and extent.

Yet, marketing wizards promote literally hundreds if not thousands of systems which supposedly can determine the next movement in this randomness. I shake my head in amazement. People are so gullible. Luck is confused with skill. But in time all these systems are found out for what they really are. None of the systems of only a few years ago which promised wealth in no time by following a few simply steps are around anymore. They have been replaced by others, promoted by yet more sophisticated marketing wizardry. They will also be gone in a few months or a year or two. In the trash where they belong.

Most people can’t accept this fact that the market is dominated by randomness exactly in the ‘space’ they would like to trade (very very short term), for obvious reasons: It is terrifying. What now? If I can’t predict, how can I trade?

But what I know, and what I teach, what makes me different from most of the marketing wizard crowd, is that I know and accept this one simple fact – randomness exists – and I use it to make money. There is a solution to the most pressing problem you have – handling randomness. You might have thought your biggest problem was to find the “right system” for you to predict the next price move due to your preferred “time frame” or other bogus parameters pressed on you by marketing wizards creating illusions to disguise the fact that they sell crap.

Just as it is for everybody else, the solution for you is not to deny the overwhelming role of randomness, but to embrace it. I do not believe in the illusion created by the marketing wizards that some historical patterns (which will indeed recur without a doubt), can be used reliably to pinpoint the very next directional move on an intra day or even intra week level.

This common denial of the impact of randomness on price behaviour is the sole reason why most traders fail. They use systems that deny this reality in every aspect of the system. That is why not only the simplistic “perfect entries and exits” systems are problematic but also why the more sophisticated “perfect entry plus money management” systems eventually crash under the weight of random price behaviour.

Let me make an important point here: randomness is not random like the movement of hot air in a balloon. It is random with respect to the direction, the duration and the extent of the very next move from any price point in time.

Not accepting randomness has profound implications for how you trade. You will probably design a system based on your ability to use technical analysis to pinpoint entries and exits, supported by some “money management” system.

I have had literally hundreds of discussions, questions and interactions with my readers, mentor students and others and by far the majority of them that struggle have one thing in common, a belief in, and an obsession with, timing the market. In other words, they can’t accept the fact of randomness, that this market can do anything just after you have entered your trade. So they cling to short-term graphs, and technical analysis and indicators invented for trading stocks, and they continue to lose money.

You have to break that wrong view of the market!

You have to walk away from that!

You have to get out of the losing herd!

You have to cross the rubicon!

Accept the statistical fact of very short term randomness in currency market price behaviour!

Accepting randomness has profound implications for how you trade.

My approach, and I am not saying it is the only working approach, but it has in common with all successful approaches to trading this one thing: I know what I don’t know, and what I don’t know is what the market is going to do next. But I do know how I can overcome that. Not by futile attempts to do the impossible by trying to time the market, but by using time as one of a few small edges that take the sharp edge of the problems posed by randomness.

What my growing community of bird watchers know is that forex trading is like bird watching in lion country. If you don’t know what you are doing you end up being someone else’s meal. That is what happens to 90% of participants, and that statistic was and remains the original inspiration behind this book – I am obsessed with getting this message across: forget the lies, forget the nonsense peddled to you by forex brokers and the marketing wizard cabal supporting them. Everything they tell has one purpose: to get you to trade short-term with high leverage and that is exactly the same thing as them saying, it is possible to predict what this market is going to do next. In fact, it is so easy to predict this reliably that you can make huge bets, up to 100 or 200 times your capital on those predictions. (As long as you place a stop and just lose your money 2% at a time …)

I hope a picture is starting to emerge. Everything you need to know about forex trading is contained in forex brokers’ marketing material. All you need to do is do exactly the opposite of what these marketing wizards are telling you. That is why I deal comprehensively with a largely ignored topic: the difference between the market wizards (the traders who make money) and marketing wizards (the institutions who take money – the forex brokers). As a trader you sit at the bottom of the forex gravy train. You feed the system with your money. Everybody else siphons money from the system based on some service they provide, not trading only like you! You are really at risk if you willy nilly believe everything they say, especially about how to trade! They have a vested interest that they want you to incorporate in your trading that is beneficial to them!

Do you even know this, how this system is set up to mislead you, to lure you in, and make a fool of you?

Let me tell you a little bit about what BWILC 2010 contains.

BWILC is a book both for absolute newcomers to this market and for those who have some experience, mainly a terrible experience due to being fooled by the marketing wizards to believe the illusions they created is reality.

Bird Watching is divided into five parts:

Part 1 – How to build a bomb (Who is this book for, and why?)
Do you understand why you want to trade, what the aha! experience is, and the most common fatal mistakes traders make?

Part 2 – Understanding the edge (Why is it even possible to make money?)
There are certain advantages you take in with you when you open a trade, and edge which you have. If you are wrong about what your edge is, your lion food.

Part 3 – And all that jazz… (Forex basics, everything you wanted to know)
This explains the nuts and bolts of trading currencies, the trading day, the market participants, the necessary but geeky technical stuff.

Part 4 – Identifying the edges (Putting it into practice)
Pre-trading edges and trading edges. Why trading is a business, setting proper goals, real time analysis, negating negative effects, technical analysis – the fun and the flaws, fundamental analysis.

Part 5 – Applying your edges
Knowing your edge is not enough, you have to know how to use it. Setting up a median grid, my 4×1 strategy (one currency, one lot, one direction, one percent), risk management (by using 4×1), and relational analysis (price-event-time, the daily soap opera)

Get this: understand that the direction the market moves the period immediately after you have entered your trade is unimportant. Get this and you will be on the way to extracting money from the forex gravy train. And that, in a nutshell, is what my book is about.

I hope you enjoy reading it.

Dirk du Toit

Buy BWILC 2010 now and learn to embrace randomness

Visit the Bird Watching in Lion Country Website here

Hello!

Just a final reminder that the 3 “Forex Smart Start Profit
Strategies” online trainings kick off TODAY, Wednesday, March
3rd…

-where you’ll learn the top 4 tweaks you can make today to grow
& protect your Forex portfolio forever…

The first session starts at 12:00pm Eastern (New York Time). And
then they’re going to do it again at 4pm and also at 9pm to make
sure you can attend, depending on your schedule.

The rooms are all almost full, but there still may be time to
get in here:

http://smartforextraining.com/y/?i=773362&u=1&l=f87

Good Trading!

Hi!

Have you been seeing those mega moves in the forex market?!

Monday we saw the GBPUSD down 400 pips at one point. Yikes. If
you’re like me, as a trader you don’t want a little thing like the
forex running low to stop you from making a profit that day.

The trick is to carve out some winning trades even on those days.
After the ups and downs we faced in the market recently. I came
across this video from the guys over at the HVMM headquarters.

http://www.netpicks.com/cmd.php?af=1004071&u=http://www.highvelocitymarketmaster.com/blog/?p=438

See their ‘trick’ to bringing in 19 successful trades at one
stretch during the European and U.S. market hours.

All with subjectivity and discretion removed. They just focus on
placing the trades and managing the targets and stops. Simple enough?

Let me know what you think.

http://www.netpicks.com/cmd.php?af=1004071&u=http://www.highvelocitymarketmaster.com/blog/?p=438

Good Trading!

P.S. From what I’ve seen, these guys thrive on giving out ‘tricks’
like this. Word has it they’ll be holding a live webinar in a week
(Wednesday March 10th at 12:00pm EST/ 9:00am PST/ 5:00pm GMT).

Check-it out:
http://www.netpicks.com/cmd.php?af=1004071&u=http://www.highvelocitymarketmaster.com/virtualreality.html

Dear Trader,

I just wanted to make sure you read my invite post a few days ago about
the brand new upcoming online Forex training being held 3 times this
Wednesday called:

Forex Smart Start Profit Strategies

In this webinar you’ll be learning the top 4 tweaks you can make today
to protect & grow your Forex portfolio forever.

I just got word that all 3 slots are filling up quickly, and
that the registrations are already 73% full.

So, make sure you reserve your spot ASAP here so you don’t miss
this:

http://www.forextrainingmaterial.com/y/?i=773362&u=1&l=f86

Good Trading!

p.s. On the training, you’re going to see a special technical
indicator you can use to help determine instantly when a market
is prime for trading. When it’s above a specific number, chances
are some big “pip potential” is right around the corner, & you
don’t want to miss that.

Claim your complimentary spot here to learn about it on
Wednesday:

http://www.forextrainingmaterial.com/y/?i=773362&u=1&l=f86

Great job team Canada! I would like to extend my warmest congratulations and respect to all the great Canadian athletes who made us all proud.

I’m a big hockey fan, so for me the highlight was the men’s hockey finals. What a game! My heart was pounding like a sledgehammer from start to finish.  In my opinion that game was a truly of Olympic quality. Both teams played with great skill but in the end Sidney Crosby - who no doubt will become a national hero - came through for Team Canada and showed us he’s got the magic touch by scoring an awesome goal 7 minutes and 40 seconds into overtime.

Canada also managed to break the world record for most gold medals won at a Winter Olympics with a total of 14. The Soviet Union, in 1976, and Norway, in 2002, each won 13. Amazing achievement!

Until next time, keep the Olympic flame burning brightly in your hearts!

Cheers,

Alan