>>"There are so many forex traders that follow a particular way of forex trading and in the end don't succeed in the main goal of making money. This is because their ego, pride and determination to succeed at a particular method has the effect of blinding them to other forex trading money making opportunities..

95% of traders fail - who is to blame? Bad luck? The Markets? No.

Trading success has nothing to do with luck - it has everything to do with YOU. If you don’t want to learn and are not prepared to put in any effort, you won’t win at forex trading. If you want to make money in life it requires you learn skills.

The good news is that if you apply yourself and learn the correct knowledge, you can learn the skills you need to succeed quickly and easily.."

The Daily Routine

Here’s a daily routine that I’ve used in the Strategy:10 system. Some of the most successful months of my trading career happened when I followed this plan.

Up at 3:00 am EST. Check the charts.

Ask the following questions:

1. Where did the USD close (5pm EST) yesterday against the majors?

2. What effect will today’s economic reports have, if any, on the forex market?
a. FED interest rate movements
b. ECB decisions
c. Unemployment – Weekly Moving Average above or below 400k?
d. Greenspan speaking?

3. Are we at an all time high or low on the EUR or GBP or CHF? Or:
a. Are they way oversold or overbought? Is it better to not trade today?

4. If I make a trade now, what might go wrong? What’s the most I’ll lose? Gain? Is the market just dead quiet right now? Moving fast?

5. Is the EUR or GBP moving right now? How far are the pairs from support and resistance?



The end? Or the beginning?

Thanks for reading this articles. It’s a preview of my system – but it’s not the entire show.


Good luck!


The information contained in this document, although highly entertaining and quite instructive, might lead you to believe that tomorrow you’re going to be a millionaire. You are not going to be a millionaire tomorrow. Well…that’s technically not correct. Because you could be a millionaire already, in which case tomorrow you’re guaranteed to be one.




 
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