Dynamic Fibonacci Grid Forex Trading System

Daily Live Trading Session pt. 2 – Aug 2, 2010

Aug 2, 2010 – FX MoneyMap Global Trainer Sam Shakespeare sees an opportunity for a long trade in Eur/Jpy. Once he notices a Vanilla Setup at a 5 minute entry, he checks his charts and then jumps in. Sam is able to take +5 on half and +15 on other half.  This is a gravy trade coming right after he bags +23 on Gbp/Usd. (see previous video). Join us for a Live Trading Session – Total for session +28 pips! That’s almost 3% account growth in one session!          Best viewed full screen in 720p!

live forex trading room performance

Forex Malibu Trade results 8-02-10

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Trade of the Day – Long GBP/USD Vanilla +23 pips!

Aug 2, 2010 – Global Trainer Sam Shakespeare takes a long GBP/USD trade on a Vanilla setup. Nets +23 pips! Plus is able to help out a session attendee with some technical issues.. Talk about multi-tasking!  Online forex trading course – 

Total for session +28 pips!

live forex trading room performance using fx moneymap forex trading software

Forex Malibu Trade results 8-02-10

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FX MoneyMap Dynamic Fibonacci Grid – Intro Tutorial 1

First tutorial in series –  Dynamic Fibonacci Grid forex trading software.  Learn the basics of fibonacci grids from Fibonacci Grid Global Trainer Sam Shakespeare. Learn forex trading online by signing up for 14 day trial.

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FX MoneyMap Dynamic Fibonacci Grid – Intro Tutorial 2

Second tutorial in series – FX MoneyMap Dynamic Fibonacci Grid forex trading software. Learn the basics of fibonacci grid trading from FX MoneyMap Global Trainer Sam Shakespeare. Dynamic Fibonacci Retracement Line (L1) is covered. Learn to forecast the forex market effortlessly. Learn forex trading online by signing up for free live trading session.

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FX MoneyMap Dynamic Fibonacci Grid – Intro Tutorial 3

Third tutorial in series –  FX MoneyMap Dynamic Fibonacci Grid forex trading software.  Learn the basics of fibonacci grids from FX MoneyMap Global Trainer Sam Shakespeare. Learn forex trading online by signing up for free live trading session.

This forex tutorial covers Dynamic Fibonacci Retracement Line (L7)

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FX MoneyMap Fibonacci Grid Tutorial – Vanilla Setup – Live Example

FX MoneyMap Global Trainer Sam Shakespeare explains in a live market the Vanilla Trade, and gets a bonus “Blue to White” trade at the end of the session!! Both trades combine for a total 54 pips! (he gets his math wrong on the audio…oops!) Make sure to watch the first three tutorials before watching this one.

For best results, Watch this in full screen mode on HD 720p setting!! (You might want to let it load for a few minutes on “pause”, unless you have a screaming internet connection..

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FX MoneyMap Fibonacci Grid Tutorial – Reverse Vanilla Setup – Live Example

FX MoneyMap Global Trainer Sam Shakespeare explains in a live market the Reverse Vanilla Trade, and nets 20 pips! This is a common setup provided by the FX Money Map forex trading software. Make sure to watch the first three tutorials before watching this one.  (For best results, watch in highest resolution your computer and internet connection will allow).

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5 Points to a Good Online Forex Trading Course

5 Points to a Good Online Forex Trading Course

Beginners starting out in forex trading will need a good online forex course if they are going to make any money in this lucrative but risky speculation. Of course, experienced traders also need some extra training from time to time.

However, most experienced traders will know what they are looking for. They may have identified a skill set that they are lacking, or a new technique that they would like to know about. Often, a successful trader who picks up an online forex course will skip through it and be happy with learning only one or two new points. Those new techniques will add to their skills and mean that they soon recover their investment in the course and then some.

For a beginner, it can be harder to know what to look for in an online forex course. It is important that the course covers all of the basic skills and information they will need, but often they are not at a point where they know what these are. Therefore in this article we have set out 5 subjects that a beginner level online forex trading course should cover, in order to get you to the point where you can start trading.

1. Fundamentals And Terms

The forex market depends on economic factors like changes in interest rate and the GDP of different nations. These factors are what cause currency prices to change. A good online forex training course will spend at least a little time explaining fundamental analysis. It will also cover the special terms used in trading, such as spread, pips, and leverage. It may provide advice on choosing a broker.

2. Technical Analysis

Most forex traders use charts and mathematical indicators that analyze recent price movements. On the basis of that technical analysis they make decisions about whether to open or close a trade. Brokers provide some technical analysis tools and others are available from chart services. A good online forex course will explain some of the more important indicators, including but not limited to those that are used for the system outlined in the course.

3. Trading System

Most online forex training courses include an explanation of an actual trading system that you can use to make money, or practice with in a demo account. We learn best by doing something for ourselves, so if a course does not include some practical steps that you can follow, it will not be so useful. The system does not have to be the best in the world (in fact, there is no best system). However, it should be something relatively simple that gives you a good chance of success.

4. Risk Management

Forex trading, like other speculative investments, comes with a high risk. Some of your trades will be successful and others will lose. It is the balance of these and the bottom line at the end of the month that counts. It is vital for new traders to understand that losses are part of the game. The secret to making a profit overall is in managing and limiting those losses so that they do not leave us with a negative balance.

5. Mindset And Psychology

The psychological aspects of trading are often ignored by beginners, who are blinkered into concentrating on systems and technical matters. However, without the right attitude, it is difficult if not impossible to make money in the forex market, even with a highly successful system. The reason is that managing the stress and learning to stay calm under pressure are vital skills if we are to avoid costly mistakes. Study this part of your online forex course closely because it could contain the secret that makes you a successful forex trader.

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