Automated Forex Trading - Education is Key to Becoming a Successful Trader
By Brian Prinz
Think Forex education is dull and boring? You're not alone. Many people who thought the same thing are now trading with confidence. Education is the key for both experience experienced traders and beginners. With the right mindset and education you will be trading with Forex in no time.
Forex trading, or any trading for that matter, is an occupation that requires experience and education unlike any other highly skilled profession.
Education is paramount for being successful l in Forex trading. Successful traders embrace education and training. Education is the most important component to your future earnings. Almost every professional trader highly recommend's at least some education on Forex.
Successful trading requires a culmination of of information. Very few Forex training websites worth reading offer free training. Forex training should include currency training to help minimize mistakes by understanding the process.
Understanding risks and money management makes a successful trader. You should be aware of risks associated with trading and seek sound advice from a seasoned trader. Foreign exchange trading carries a high level of risk. Forex trading involves a moderate amount of risk and is not suitable for all investors.
Unlike other markets, Forex is traded with recognizable patterns and clearly-defined technical applications. If you are looking for an education in Forex you will need to find materials on fundamentals, Forex analysis, and education. Training ranges from basic techniques, analysis (technical and fundamental), and risk management.
There are lots of books out there, but the best way to a quick education is to see the concept in action. Many videos provide solid information. Try viewing free materials before shelling out the money for courses ans systems. Don't jump in without some basic understanding of the market.
Welcome to the exciting world of Forex! Please take a moment to prepare before jumping in.
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FOREX VIDEO: April 13, 2010 Trade Review EURJPY Posted by: fxtradepros
Video duration: 489 seconds Forex Video: Review of trade setup, posted April 12, 2010 on FXTradePros.com. This trade was on the EURJPY as it was consolidating above a gap formed over the weekend. This move had potential to net some 130 pips in 12 hours. |
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Forex Trading Video: October 30, 2009 Tokyo Session GBPJPY Posted by: fxtradepros
Video duration: 482 seconds Forex Video, outlining a possible trade on a range break for the GBPJPY. Also discussion on Live Forex Trade Room |
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FOREX VIDEO: September 30, 2009 Tokyo Session Preview and Trade Review Posted by: fxtradepros
Video duration: 318 seconds FOREX VIDEO: September 30, 2009 Tokyo Session Preview and Trade Review of Squeeze Break on the GBPJPY that moved 100 pips |
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FOREX TRADING: August 25, 2009 London Session Chart Preview Posted by: fxtradepros
Video duration: 534 seconds Forex Trading- Preview of forex charts before London session and Forex Live Trade Room |
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FOREX TRADING: August 19, 2009 Tokyo Session Trade Follw up Posted by: fxtradepros
Video duration: 400 seconds This is a review of the Forex trade taken on the GBPJPY during the Tokyo session, of which the trade setup was posted in an earlier video. Video covers Consoidation squeezes, and breakouts of Support/Resistance, and trade management. |
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FOREX TRADING: August 19, 2009 Tokyo Session Charts and Setups Posted by: fxtradepros
Video duration: 538 seconds Forex Chart Setups going into today's Tokyo Session and Forex Trade Setups to watch for. |
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FOREX TRADING: August 18, 2009 Tokyo Session Charts and Setups Posted by: fxtradepros
Video duration: 468 seconds Forex Chart Setups going into today's Tokyo Session and Forex Trade Setups to watch for. |
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FOREX TRADING: August 16, 2009 Review of London Session Trade on Friday Posted by: fxtradepros
Video duration: 591 seconds Forex Trade Review from the Live Trade Room London Session. We were watching a possible trade entry on the GBPJPY on a break below a support area and a recent low. We monitored P/A (price action), as the the selling pressure weakend the bulls holding price above 157.25. |
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FOREX TRADING: August 13, 2009 London Session Live Trade Room Review Posted by: fxtradepros
Video duration: 501 seconds Forex Live Trading Room: Here is a video review of material covered during the London Forex Trading Session. |
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FOREX TRADING: August 12 2009 Tokyo, Review of Trades in Live Trade Room-London Session Posted by: fxtradepros
Video duration: 545 seconds Review of Forex Trades and Charts, taken from London market's Live Trade Room Session. Also a preview of setups to to watch for going into Tokyo Forex Trading Session. |
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FOREX TRADING: August 10, 2009 London Consolidation and S/R Squeeze Breaks Posted by: fxtradepros
Video duration: 597 seconds Forex Chart and Forex Trading overview of Consolidation Squeeze Breaks, and Support and Resistance (S/R) Squeeze Breaks. These forex setups have not been consistent through the summer trading months, as they had through the Spring. Today, before the London Session, these formations occurred and all made decent breaks of 30-150 pips. |
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FOREX TRADING: August 07 09 Tokyo Live Trade Room Update Posted by: fxtradepros
Video duration: 598 seconds Review of Forex Trades taken in the live trade room. Update on Forex Live Trade Room's trial run. |
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FOREX TRADING: July 29 09 London Update Posted by: fxtradepros
Video duration: 599 seconds Reviewing Forex Charts and S/R levels that were posted on the blog, going into London session. |
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FOREX TRADING: July 29 09 Tokyo Session-Launch of FREE Live Room Posted by: fxtradepros
Video duration: 558 seconds Forex Trading: Forex chart preview, going into the Tokyo trading session. Review the launch of the free live trade room webcast. |
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FOREX TRADING: July 24, 2009 Tokyo Session Support Breaks Posted by: fxtradepros
Video duration: 590 seconds Outline of how to see and chart possible support breaks in Forex Trading. These are normally a short term Forex Trade Signals that develop quickly. |
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FOREX TRADING July 23, 2009 London Session, Emotions and Trading Posted by: fxtradepros
Video duration: 597 seconds Forex Trading, Forex Trading Signals, and an example of why to keep emotions out of trading |
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FOREX: July 22, 2009 NY Preview and GBPJPY Trade From London Open Posted by: fxtradepros
Video duration: 591 seconds Review of London Forex Trade Signal (setup). Also summarized S/R levels on currency pairs that are ranging, EURUSD, USDCHF, USDCAD. |
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FOREX: July 22, 2009 London Session GBPJPY Posted by: fxtradepros
Video duration: 596 seconds Review of posted Forex trade setup on the GBPJPY going into the London session. |
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FOREX: July 20 09 Tokyo Review of Friday's London Trade Posted by: fxtradepros
Video duration: 597 seconds Forex Trade Review, from Friday's London Session. Trade was a sell on the GBPJPY. The video reviews why the trade was taken and why and how "Take Profit" levels were established using Fibonacci Retracement levels, and prior S/R (support and resistance) levels. Discussed are the importance of following your trade plan , and also the importance of taking profit when the opportunity is there. |
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FOREX: July 17 09 London-Watching for range break on the GBPJPY Posted by: fxtradepros
Video duration: 247 seconds Wanted to post a quick video before the weekend rolls in. I'm seeing setup for a possible break below 153 for a sell, and outline the reasons why and look at fibs for a possible first target. (Not on the video is that the 50.0 Fib is at 151.15) |
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FOREX: July 16 09 Tokyo-Consolidation Review from London Session Posted by: fxtradepros
Video duration: 576 seconds Charts were posted regarding 3 consolidation formations, heading into the London session. This video is a review of the post, and how the breaks out of consolidation, reacted to S/R levels, on ether side of the consolidation. The break on the EURJPY was a textbook example of a clean consolidation break, and ran up 330 pips. |
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FOREX: July 15, 2009 Tokyo London Trade and Consolidation in NY Posted by: fxtradepros
Video duration: 583 seconds Forex Video Review of a trade taken on GBPUSD during the London Session, with the reasons why I entered, and why I exited when I did. Also, pointed out a consolidation on the GBPJPY, that broke up for 100 pips, at the close of NY. |
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FOREX: July 13 09 London (Part 2 of 2) S/R Levels - Review Posted by: fxtradepros
Video duration: 474 seconds PART 2 OF 2. Forex Video Review of S/R levels on posted charts, and going over S/R breaks on the GBPJPY. |
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FOREX: July 13 09 London (Part 1 of 2) S/R Levels - Review Posted by: fxtradepros
Video duration: 578 seconds Forex Video Review of S/R levels on posted charts, and going over S/R breaks on the GBPJPY. PART 1 OF 2 |
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FOREX: July 13 09 Review of Friday's London Session Trade GBPUSD Posted by: fxtradepros
Video duration: 599 seconds Forex Chart Review of a SELL on the GBPUSD outlined on FXTradePros.com, during the London Session. Also included in the video is an outline on how to better use the blog posts and the information on breaks and Take Profit (TP) levels. There is also some discussion herein, regarding the live webcast room, of which will be free of charge for the first 2-3 months. |





























