8 years ago I told my friends (ex-bank traders who are in their 40s and 50s) that I want to trade forex successfully. They told me that it is impossible to make money consistently from forex. They told me that they can do it because they have order flow information in the bank. They know where are the big buy orders, big sell orders and big stop loss orders. So they just front run those trades.

I was surprised by their replies. But I did not give up.

For the next 3 years I trade myself, lost money (paid school fees to the market) and eventually I had found a strategy to make money from forex trading. Few educators are brave enough to post their trades publicly in the internet because most of them are bad traders themselves, but I post mine in the website. You can see my track record in this link: http://tradingeducationprogram.org/bl-ts-system/performance-of-past-trades/.

Since I had discovered a proven strategy myself, I would like to share my strategy to as many people as possible. I want people to shorten their learning curve and reduce the amount of school fee paid to the market. This is why I had created a forex education program. Our course fee of USD200 is so tiny that my trading profits are far greater than my course revenue.

To learn forex trading from me, you can sign up by transferring USD200 to my paypal account: metal.commodity@tradingeducationprogram.org. You need to open an account at www.paypal.com and then instruct paypal to transfer USD200 to metal.commodity@tradingeducationprogram.org.

If you do not want to sign up for my forex education program, it is fine. But I would like to share this video clip with you. The video clip reminds me of my situation 8 years ago.

The video says:
“Don’t ever let anybody tell you that you can’t do something.
You got a dream, you got to protect it!
People can’t do something themselves and they want to tell you that you can’t do it.
You want something, do get it. Period!”

Click here to watch the video:
http://tradingeducationprogram.org/2011/01/30/protect-your-dreams/

Regards

Forex educator
Tactical Trading Academy

Jolted into action by the sliding currency and soaring bond yields in Portugal and Spain, leaders of the 16 euro countries said the workings of the financial backstop will be hammered out before the markets open on May 10.

“We will defend the euro, whatever it takes,” European Commission President Jose Barroso told reporters early today after the leaders met in Brussels.

Europe’s failure to contain Greece’s fiscal crisis triggered a 4.3 percent drop in the euro this week and led the U.S. and Asia to rally around in a bid to prevent a global sovereign-debt crisis from pitching the world back into a recession.

European officials declined to disclose the size of the stabilization fund, to be made up of money borrowed by the European Union’s central authorities with guarantees by national governments. Finance ministers will meet at 4 p.m. tomorrow in Brussels to flesh out the details.

“When the markets re-open Monday, we will have in place a mechanism to defend the euro,” French President Nicolas Sarkozy said. “If you don’t think that’s significant, you haven’t been to many EU summits.”

To read full article, click here.

Buy EURUSD at 1.3301
Stop level at 1.3220
Target level at 1.3392

The remarks were accompanied by a caution to the financial world that too much should not be read into the recent strong employment report as it is possible that the rate will stay high for some time to come.

The news busted the hopes of traders who thought a rate increase in the US was coming soon; Bernanke made it clear that it is not under consideration based solely on one positive report and that the low rates are what is driving the recovery that it now appears, the US is going through.

In choppy trading, the Dollar was mixed, floating into positive and then negative territory several times during the week.

Due to our contacts in the financial industry, we have a lot of traders’ friends in Asia, London and New York. Very often we will exchange information regarding news in the forex market.

News include: what are the big boys (hedge funds, investment banks, central banks) buying and selling at the moment. When we receive those information, we will forward these information to our subscribers.

Below is one such news. We had just sent out to our subscribers 1 minute ago.

“Heard that Eastern Europe is buying EURUSD at 1.4845/50.”

Regards
Forex educator
Tactical Trading Academy