New site and forum should be all active Friday, fingers crossed, its been one hell of a job, but I think this is really going to be worth all the effort.

forex trading course

lets take a look.

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And now the 10 min

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Did you have an ‘edge’ to the long side? Yes you did, again all explained in the PAT forex trading course

Hint……Accumulation that you can see from yesterday. That’s the REAL beauty of Acc and Dist, you can look back to see it and then carry that information forward to trade with.

New site is ‘nearly’ complete and today I ordered and and set up the new forum so this will be in action by the end of the week.

Catch up with you soon.

Martin

Here are a couple of charts for you.

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Now as the market returns to this level, turn to your 10 min chart to closer monitor the price action and select a low risk trade.
Keep it simple

I am hoping to have this all completed by the end of this week.

But to clockwork. I receive several mails a week asking about where market are likely to head to. Well nobody KNOWS …BUT there are some VERY good indicators in PAT to get a real good handle on highly likely moves.

Exercise for you.

PUT up a 60 min chart. Note the highest volume of the previous day. Now notice how the following day, many times the market will track back to this and then pause or congest, before then setting off again.

Now go back to your 10 min chart and look for entries using the knowledge that the market is likely heading back to a highest volume level (belief level) as shown on the 60 min.

For example, keep and eye on the EURUSD price of 1.3497

Catch up with you soon

So the NUTS got it right anyway.
What I wanted to do with the last gasp was to make you, no force you to keep in mind ALL the material in the Online course.
Yes the TFT, Yes the Congestion and Yes the Acc and Dist.
It worked well, so SORRY for the way in which I did this…BUT if I had just said “watch TFT, Congestion, and Acc & Dist” very few would have given it more than lip service (this is not a criticism its just human nature)

On another note….
I have been flat out on a completely new website layout and design. I am streamlining everything and I plan to bring back the forum that we used to have. The idea being that I can have a definite PAT users ONLY area for all things PAT, including ongoing training. And a more public area for casual browsers of the site.

Have a great weekend

Martin

I would imagine that you know that there are many human deaths every years as a result of captive animals. Yesterday I learned what is the most dangerous captive animal, and in the USA alone more people die as a result of this captive animal than any other animal.

I was thinking maybe it’s Crocs, lions or even rhinos? Nope…it’s……..Deer! Yes that little cute Bambi. Perception and reality eh!

Some say that trading forex is dangerous, but what “seems” dangerous to one is fun to another, again it’s perception and reality. So……..lets make your forex trading fun, makes sense eh!

How did you get on with the last gasp? I had some interesting mails indeed and some of you are hot on the trail, the key indeed as many have spotted is in the Accumulation and Distribution phases.

Time for another pointer for you.

If you want to first learn how to spot Acc then just look for successive UP belief bars out of what “looks like” confusion.

If you want to first learn how to spot Dist then just look for successive DOWN belief bars out of what “looks like” confusion.

This shows you clearly what WAS Acc or Dist.

Next can you spot the last gasp before what “looks like” confusion?

Take a look at your GBPUSD  10 min. Look at the highest volumes of the day so far, look at what follows them………..it…. “looks like” confusion eh!

A lot of “preparation” can take place in what “looks like” confusion.

Have fun.

Something told has little effect, something earned and learned is retained. Solve this yourself and you will have earned and learned, in THAT instant its YOURS, and you will never forget it.

BUT…”DO” keep it simple

However, as trading forex can be tough sometimes if you don’t have the complete map I will make this a little easier by giving you some clues.

First you MUST understand the principles of Accumulation and Distribution. I DON’T mean you must just understand the mechanics, I mean you must understand the fundamental reason WHY Acc and Dist takes place, indeed MUST take place. (All is in the on-line course so go over that again if you need to)

Second look at the cycles of Acc and Dist in your PAT charts, map them out, understand the subtleties of them and how they are almost always camouflaged.

Third When looking for the last gasp understand the BENEFIT of wrong footing the masses a short while before the market changes direction, and keep in mind the the BEST time to mislead the masses is JUST as the Masses lagging indicators are telling them what to do and they are frustrated that they have “missed” out on the immediately preceding price action.
These components coming together gets the masses to PUT THEIR MONEY INTO THE MARKET which can then be taken from them.

Well that’s all for now, I have to have an early night as tomorrow I am heading into the Bush again to see if I can finally get some venison. Don’t worry I will return I have everything from a the latest hand-held GPS to full survival gear.

This is VERY powerful trading information, it gives you a huge edge as generally you will be with the ’smart’ money.
If you need to go over Acc and Dist then do it TODAY! it will make trading the forex market a whole lot more fun and more profitable.
Go back over the PAT online trading course and nail this down.

Well this does not just apply to forex of course. All markets move on belief, nothing more, nothing less, so lets call it a universal learning to trade day eh!
Take a look at this chart, if you learn from this you have have some fun today predicting where the market is highly likely to be turning.

Another use of this is when take profits and where to get back in to the original move. (will cover that later on)

By the time the the Green at D appeared the RED was already there and it is a valid red to SELL from IF the market is to head back up to that level (which we are banking on) Now of course the GREEN would NOT have been green at the turn point, but lets look at the sequence of events here.
First notice the volume under the RED, notice that it INCREASES and then the NEXT BELIEF bar is lower. Mmmmm
Market then starts to move lower and then of course the RED becomes the RED (it would not have been RED at the point of turn of course)
OK at this stage we now have a RED and we can see the volume that turned the market down from the red.
Now ask what are you looking for? Ok you got it (because its in the PAT manual and you have this at your right hand)
You are looking for the market to (at some point in time) return back up to the red where you will plan to sell it. (keeping intent in mind)

So…..when will it head up? Don’t know, never know, cannot ever know. BUT we do have a pointer, that pointer is to watch for an increase in Volume on turn H.V.T. The SAME as you saw on the downturn from the RED. YES! the same stuff is going on all the time.
(remind me to tell you were most get this all very wrong)
Ok so now cast your eyes to A and see the increase in volume (that is why it is BLUE it tells you that was MORE volume at this point than the prior bar) the next BELIEF line bar is UP! MMMmm…notice any resemblance to how the market turned down from the RED? Note at B the volume drops off and the BELIEF bar is UP.

Have a deep think about this for a moment and then think about Acc and Dist that you learned so well in the on-line course. WRAP this market action in to that.

Cycles WITHIN Cycles……….Remember? If not go over the course again.

Ah! you say, “yes I see this BUT what about the three bars back from the red. There was a HVT there and the next belief bar down BUT it did not continue on down”

Well spotted, but on that one where were you trading to? Where was the market likely to run to? where was a Red or Green that you anticipated the market to turn back to? Where is the REASON to take that trade?  Its a BIG FAT ZERO.

If you have taken the PAT online course you will know all about this.

Remember I said to remind me to tell you were most get this all very wrong? Well I just did directly above. They get it wrong when they do not have a CLEAR target that the market may be turning back to.

To recap
Note how the turn from the red happens, now stand on your head, or turn the monitor upside down and look at what happens after the green. See anything familiar? I hope so.

This then brings us to C. This was a sell right? YES it was but it was also a potential buy. But what do you do?

Think about this for a moment….

IF you had bought on the way BACK to the red on the HVT clearly you are right (with hindsight)

If you had SOLD at C then you would have been stopped out at it went through.

Decisions decisions eh!

Not really, you see if you had observed the HVT you would STILL have SOLD at the RED level BUT on your PAD, in your MIND, CARVED into your DESK you would have the reminder of the HVT and this would have told you.

BE READY to trade the failed sell i.e. ready to BUY.

Basket Ball & Trading

I was watching a video on basket ball last night, it was fascinating, but one thing really hit me, it was the term RE-BOUNDERS. Apparently whenever a team member shoots at the hoop other team members ASSUME he /she is going to miss and the ball will REBOUND. They then ANTICIPATE where it will fail and rebound to. They then LEAP READY to catch the ball.

If they assumed that the shot would go in they would not leap to catch it and would not have the advantage of being in the AIR READY to catch the ball before the other team.

As a trader you need to do the same at the alert levels….think about it!

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