Maybe there are insightful traders out there who saw today's soaring value in the USD. I suspect not too many people predicted the profit taking opportunities that happened today from EUR/USD to USD/CHF. One thing for sure, trading in the now with Trajectory Forex real time data was pretty easy.
I was at first long on EUR/USD and short on CHF/USD. When I saw both trajectory change and accelerating velocity, I got out of positions at smaller profit levels or near break even thanks to original and profitable entry points. Then, despite what I had seen over many months before, I looked at the real time data and surprised myself with profits based on the rising strength of today's USD.
EUR/USD went down. USD/CHF went up. Go figure. One thing for sure, with real time data and observation of just two real time variables that stream into the MT4 non-stop, Trajectory Forex methodologies allowed me to earn profits despite the longer term trend of both these currencies.
If you haven't read my book, check it out. Trajectory Forex is now on Amazon and at www.TrajectoryForex.com. Again, real time data proves to be the key to radical and rapid change.
Friday, May 6, 2011
Wednesday, April 6, 2011
Free Trajectory Forex Charts. A New Book Comes Out.
First, I want to thank everyone who has participated in the early refinement of Trajectory Forex. I've gotten positive responses from all Trajectory traders so far. Of course, everyone in this group also started with the FX Power Hedge, so I know there was a little head start in terms of understanding the first of the two variables used in data-based Trajectory trading.
At the same time, the positive comments I've gotten from people in terms of the simplicity of Trajectory Forex trading have been more than encouraging.
I also want to let everyone know that there's a complete set of graphs and charts available for free download at a new website launched recently coordinate with the release of my book, Trajectory Forex. If you want to see the charts used in my new book, visit www.TrajectoryForex.com. When you first reach that website, you will see a link to download all charts used in the book absolutely free.
I wanted to make sure, whether you buy my book or not, that you can take a look at the charts and a few examples of results from this methodology.
For me, the most important point I want to make is that Technical Trading is officially dead. It's predictive in nature, which is a fatal flaw. Technical Analysis seeks to do something that's impossible in our known universe: predict the future. Worse, it uses historical data to create a spectrum of misleading candlestick formations, resistance levels and other indicators that supposedly predict what will happen moving forward in time based on what has happened in the past.
I hope, if you just stop to think for a moment about the scientific absurdity of actually trying to predict the future based on the past, you'll see that Technical Analysis is totally bogus. It is, in my personal opinion, the biggest scam ever perpetuated on an entire community of financial traders. More than that, in my conversations with many professional traders who previously used Technical Analysis, I've gotten almost unanimous agreement that money management is the primary way Technical traders earn profits. I contend if you're good enough at money management to make profits with technical analysis, you might as well flip a coin.
This is where Trajectory Forex distinguishes itself from the predictive voodoo of conventional Technical Analysis. With scientific method, Trajectory Forex identifies trends using real time data we know to be 100% true at all times. A definitive step beyond Multiple Time Frame Analysis, Trajectory Forex allows you to look not only at the directional movement of price, but also its speed as seen in real time and across the spectrum of time frame charts. The synthesis of this quantitative data is the essence of empirical analysis and data-based trend identification.
You don't guess. You don't predict. You analyze. You evaluate trends based on relative probabilities, because there are absolutely no absolutes. And anyone who tells you there's an absolute, sure fire way to win every single trade is full of it as well. There are only, at best, probabilities that can be identified to varying degrees of strength. With data-based trend identification, you can become surprisingly effective at identifying higher probability trends based on real time, streaming data. So, when you combine intelligent money management basics with this level of intelligent data-based Trajectory Forex trend identification, the results can be truly lethal. Again, take advantage of the free download at www.TrajectoryForex.com and just look at the results. Trajectory Analysis works. Period.
I'll write more about Trajectory Forex in coming posts. I'm simply excited to announce the new website, www.TrajectoryForex.com. It features my new book, Trajectory Forex, available now as a pdf download at the exact same price you'll pay for the book in paperback or Kindle edition on Amazon within the next few days.
Look for more posts. More results. More discussion. As people purchase Trajectory Forex, the book, we'll discuss relevant topics here that I hope are helpful in actually implementing the methodology for profit in trading. If you have questions, please ask them either here or via e-mail. You guys can reach me at either fxpowerhedge@gmail.com or trajectoryforex@gmail.com. I'm here to help. I hope you enjoy the new book.
At the same time, the positive comments I've gotten from people in terms of the simplicity of Trajectory Forex trading have been more than encouraging.
I also want to let everyone know that there's a complete set of graphs and charts available for free download at a new website launched recently coordinate with the release of my book, Trajectory Forex. If you want to see the charts used in my new book, visit www.TrajectoryForex.com. When you first reach that website, you will see a link to download all charts used in the book absolutely free.
I wanted to make sure, whether you buy my book or not, that you can take a look at the charts and a few examples of results from this methodology.
For me, the most important point I want to make is that Technical Trading is officially dead. It's predictive in nature, which is a fatal flaw. Technical Analysis seeks to do something that's impossible in our known universe: predict the future. Worse, it uses historical data to create a spectrum of misleading candlestick formations, resistance levels and other indicators that supposedly predict what will happen moving forward in time based on what has happened in the past.
I hope, if you just stop to think for a moment about the scientific absurdity of actually trying to predict the future based on the past, you'll see that Technical Analysis is totally bogus. It is, in my personal opinion, the biggest scam ever perpetuated on an entire community of financial traders. More than that, in my conversations with many professional traders who previously used Technical Analysis, I've gotten almost unanimous agreement that money management is the primary way Technical traders earn profits. I contend if you're good enough at money management to make profits with technical analysis, you might as well flip a coin.
This is where Trajectory Forex distinguishes itself from the predictive voodoo of conventional Technical Analysis. With scientific method, Trajectory Forex identifies trends using real time data we know to be 100% true at all times. A definitive step beyond Multiple Time Frame Analysis, Trajectory Forex allows you to look not only at the directional movement of price, but also its speed as seen in real time and across the spectrum of time frame charts. The synthesis of this quantitative data is the essence of empirical analysis and data-based trend identification.
You don't guess. You don't predict. You analyze. You evaluate trends based on relative probabilities, because there are absolutely no absolutes. And anyone who tells you there's an absolute, sure fire way to win every single trade is full of it as well. There are only, at best, probabilities that can be identified to varying degrees of strength. With data-based trend identification, you can become surprisingly effective at identifying higher probability trends based on real time, streaming data. So, when you combine intelligent money management basics with this level of intelligent data-based Trajectory Forex trend identification, the results can be truly lethal. Again, take advantage of the free download at www.TrajectoryForex.com and just look at the results. Trajectory Analysis works. Period.
I'll write more about Trajectory Forex in coming posts. I'm simply excited to announce the new website, www.TrajectoryForex.com. It features my new book, Trajectory Forex, available now as a pdf download at the exact same price you'll pay for the book in paperback or Kindle edition on Amazon within the next few days.
Look for more posts. More results. More discussion. As people purchase Trajectory Forex, the book, we'll discuss relevant topics here that I hope are helpful in actually implementing the methodology for profit in trading. If you have questions, please ask them either here or via e-mail. You guys can reach me at either fxpowerhedge@gmail.com or trajectoryforex@gmail.com. I'm here to help. I hope you enjoy the new book.
Friday, March 4, 2011
Results From A New Trajectory Forex Trader
Below is a chart from a trader who purchased an early edition of my new book, Trajectory Forex, and his results are obvious. This is just one trader who sent in his results. I've deleted his name (never will disclose anyone's identity in terms of the results they get), and I'm not including his e-mail with his results. Bottom line, he and I exchanged a few e-mails as he learned the new Trajectory method. His most significant comment to me was that he was simply now starting to "see". He is starting to "get it". The result? The numbers are below. (Please excuse the fouled up format of the copy/paste of his chart. It didn't import altogether cleanly in this blog program. But you can see the P/L on his trades in the right, and his net profit of $3025 in the far right column with by the way, a total starting deposit of just $3000. So he doubled his account in two weeks! As he said to me in the last line of his most recent e-mail, "I never thought I'd be able to do this...this chart is starting to look like the ones those professional guys post on their websites." Yeah. This guy is on his way.)
I'm super excited for more people to experience Trajectory Forex. It is the first data-based, empirical trend identification system that eliminates predicting and allows you to win trades by making decisions based on streaming factual data in real time.
Keep in mind that this fellow is still learning. I've talked to him about getting out of losing trades a little sooner. He's also getting better at picking winning trades and staying with them to maximize his wins. He told me that, for a while, he was happy to just capture a few pips and get out. But he's learning to win big and lose small, which leverages the more consistently effective trend identification that results from Trajectory Forex analysis of price movement. This guy is only going to get better. Exciting stuff for me, cause it isn't me giving the examples. This is just a fellow who read my book on the other side of the world, and we have exchanged only a few e-mails. His confidence is building after starting to see consistent results like these below.
THAT is what I do this for...that is my motivation. It's a very good day for me seeing a chart like this from a guy still learning Trajectory Forex. Awesome.
Trajectory Forex will be available to the public hopefully by the end of March or early April 2011 on Amazon.
I'm super excited for more people to experience Trajectory Forex. It is the first data-based, empirical trend identification system that eliminates predicting and allows you to win trades by making decisions based on streaming factual data in real time.
Keep in mind that this fellow is still learning. I've talked to him about getting out of losing trades a little sooner. He's also getting better at picking winning trades and staying with them to maximize his wins. He told me that, for a while, he was happy to just capture a few pips and get out. But he's learning to win big and lose small, which leverages the more consistently effective trend identification that results from Trajectory Forex analysis of price movement. This guy is only going to get better. Exciting stuff for me, cause it isn't me giving the examples. This is just a fellow who read my book on the other side of the world, and we have exchanged only a few e-mails. His confidence is building after starting to see consistent results like these below.
THAT is what I do this for...that is my motivation. It's a very good day for me seeing a chart like this from a guy still learning Trajectory Forex. Awesome.
Trajectory Forex will be available to the public hopefully by the end of March or early April 2011 on Amazon.
| 1.54650 | 0.00 | 0.00 | 0.00 | 130.00 |
| 1.30020 | 0.00 | 0.00 | 0.00 | 185.00 |
| 1.30200 | 0.00 | 0.00 | 0.00 | -575.00 |
| 1.28966 | 0.00 | 0.00 | 0.00 | 44.00 |
| 1.55446 | 0.00 | 0.00 | 0.00 | 190.00 |
| 0.98431 | 0.00 | 0.00 | 0.00 | 165.00 |
| 108.145 | 0.00 | 0.00 | 0.00 | 18.01 |
| 1.56450 | 0.00 | 0.00 | 0.00 | 1 410.00 |
| 1.56900 | 0.00 | 0.00 | 0.00 | 297.00 |
| 1.30003 | 0.00 | 0.00 | 0.00 | 102.00 |
| 1.30034 | 0.00 | 0.00 | 0.00 | -207.00 |
| 1.57511 | 0.00 | 0.00 | 0.00 | -84.00 |
| 1.57576 | 0.00 | 0.00 | 0.00 | -648.00 |
| 1.31271 | 0.00 | 0.00 | 0.00 | 126.00 |
| 1.31162 | 0.00 | 0.00 | 0.00 | 180.00 |
| 1.31181 | 0.00 | 0.00 | 0.00 | 300.00 |
| 1.58340 | 0.00 | 0.00 | 0.00 | -708.00 |
| 1.59915 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.34185 | 0.00 | 0.00 | 0.00 | 34.00 |
| 1.60163 | 0.00 | 0.00 | 0.00 | 76.00 |
| 1.34269 | 0.00 | 0.00 | 0.00 | 68.00 |
| 1.59608 | 0.00 | 0.00 | 0.00 | 46.00 |
| 1.34480 | 0.00 | 0.00 | 0.00 | -222.00 |
| 1.59530 | 0.00 | 0.00 | 0.00 | 265.00 |
| 1.59499 | 0.00 | 0.00 | 0.00 | 170.00 |
| 1.59316 | 0.00 | 0.00 | 0.00 | 275.00 |
| 81.60 | 0.00 | 0.00 | 0.00 | 1 388.36 |
| 0.00 | 0.00 | 0.00 | PROFIT 3 025.37 |
Saturday, February 12, 2011
End of FX Power Hedge
Well, the FX Power Hedge website is gone. For those of you who bought the system and enjoyed profitability, I want to thank you and wish you ongoing success. For those who missed on the system, it's okay. We have evolved to a higher level of trading. There will soon be a new website, www.TrajectoryForex.com. As well, the book will be sold on Amazon and in bookstores worldwide. So look for the release of my new book, Trajectory Forex, within the next month or so by a small publishing company in which I've taken a special interest.
Trajectory, as previously mentioned in another post, is a significant advance over the old FX Power Hedge. It takes the application of physics to a higher level relative to trend identification. If you can grasp the fact that price movement in forex is a virtual object in motion, and it is subject to the same laws of physics that apply to any other moving object in our universe, you will see why Trajectory Forex is the most significant innovation in forex trend identification in decades.
Moreover, while the FX Power Hedge remains a methodology that a lot of traders continue to implement and believe in strongly, I personally believe Trajectory Forex is a step beyond. That said, if you run across this blog (which I'm likely not going to post much more on in the coming months), you can e-mail me and I'll talk to you about the possibility of obtaining the FX Power Hedge system. Just remember, in the United States, hedging is banned by the National Futures Association (NFA). That was another reason I evolved my trading methodology to eliminate hedging.
This led to Trajectory Forex. And thus we move on to another era of trying to help more traders learn a better and more trustworthy way to identify trends in forex and earn consistent profits. Just know that the book does not seek to teach Money Management (an essential tool), nor does it seek to teach you how to manage lot size, account equity and margin, etc. This book is exclusively intended to teach readers a better way to identify trends based on real time, 100% true data that streams into your MT4 or MT5 platform 24/6. There are plenty of other resources out there to teach the other essentials of forex. For me, trend identification is number one, so that's what I focused on in the book given that I mention some basics about those other considerations. I strongly recommend those who are novice traders, and who end up purchasing Trajectory Forex in the future, to please also look into the almost endless resources that teach Money Management, etc. You can find all that stuff on the web pretty easily. To me, the number one challenge is identifying profitable trends. That is what Trajectory Forex can do for you.
I want to thank the many traders who started out with me in FX Power Hedge and whose conversations over the past five years contributed to the final evolution to Trajectory Forex.
As a final note to everyone who bought the FX Power Hedge, we never developed an EA that worked consistently. I still have one fellow who is a brilliant software developer and he continues to work on EA and AI innovations. He has, in his hands already, a final draft of the Trajectory Forex book. Maybe one day, there will be an EA. I am not hopeful but I never rule out the possibility.
So, for now, I may keep coming back here to update my family of FX Power Hedge traders. But, I just wanted to offer what might also be a final goodbye. I wish you all the best of fortune.
Just remember, the FX Power Hedge remains viable. I have simply elevated the game with Trajectory which identifies trends with such consistent accuracy that it eliminates the need for hedging. Still, as one trader in Italy told me the other day, "I still love rules based trading, and I'll continue using the FX Power Hedge." The man is very successful as a professional forex trader, and he has more degrees that I will ever think about obtaining in this lifetime. He knows what he is doing, and he smartly profits off the old system. So, as I mention in the new book, a lot of traders will combine the power hedge, and maybe Trajectory, with elements of Technical Analysis although I personally do not trade with ANY consideration given to Technical Analysis. It is based on historical data that seeks to predict the future, and you cannot predict the future of anything in our known universe. So, just in my opinion, Technical Analysis is the biggest scam ever perpetuated in forex or perhaps any investment community. That said, I concede a lot of people love Technical Analysis and also incorporate elements of my own systems into their more traditional trend identification processes. As Larry David said in the recent classic film by Woody Allen, "Whatever works."
I just felt, partly because of the regulatory crackdown in the U.S., it was time to pull the FX Power Hedge off the market. With the NFA enforcing its ban on hedging and the CFTC increasingly active enforcing their rules on U.S. citizens, I just don't need the headaches and potential risks of selling a hedging system that a U.S. citizen could purchase.
So, with a final salute to our increasingly LESS free trade world in America and what appears to be a move toward socialism (at least for the next couple years), I wish you all well. Life goes on. Elections happen every four years for a reason. And to those who seek to earn profits now with the new, innovative Trajectory Forex methodology or by whatever means, always remember that we true capitalists shall always prevail over those who seek to impose their unreasonable restrictions over our desire to pursue free trade. It's our money and we should have the right to invest it in whatever manner we choose free of regulation in the choices we make.
We capitalists will not be denied the ability to earn profits via free trade. I remind those in the White House today that free capitalism is the fuel of true democracy. Their regulations and inept policies are the reason we have an ongoing depression today. We pray for a free trade advocate of real capitalism as our next President here in the U.S.
Peace and prosperity.
Trajectory, as previously mentioned in another post, is a significant advance over the old FX Power Hedge. It takes the application of physics to a higher level relative to trend identification. If you can grasp the fact that price movement in forex is a virtual object in motion, and it is subject to the same laws of physics that apply to any other moving object in our universe, you will see why Trajectory Forex is the most significant innovation in forex trend identification in decades.
Moreover, while the FX Power Hedge remains a methodology that a lot of traders continue to implement and believe in strongly, I personally believe Trajectory Forex is a step beyond. That said, if you run across this blog (which I'm likely not going to post much more on in the coming months), you can e-mail me and I'll talk to you about the possibility of obtaining the FX Power Hedge system. Just remember, in the United States, hedging is banned by the National Futures Association (NFA). That was another reason I evolved my trading methodology to eliminate hedging.
This led to Trajectory Forex. And thus we move on to another era of trying to help more traders learn a better and more trustworthy way to identify trends in forex and earn consistent profits. Just know that the book does not seek to teach Money Management (an essential tool), nor does it seek to teach you how to manage lot size, account equity and margin, etc. This book is exclusively intended to teach readers a better way to identify trends based on real time, 100% true data that streams into your MT4 or MT5 platform 24/6. There are plenty of other resources out there to teach the other essentials of forex. For me, trend identification is number one, so that's what I focused on in the book given that I mention some basics about those other considerations. I strongly recommend those who are novice traders, and who end up purchasing Trajectory Forex in the future, to please also look into the almost endless resources that teach Money Management, etc. You can find all that stuff on the web pretty easily. To me, the number one challenge is identifying profitable trends. That is what Trajectory Forex can do for you.
I want to thank the many traders who started out with me in FX Power Hedge and whose conversations over the past five years contributed to the final evolution to Trajectory Forex.
As a final note to everyone who bought the FX Power Hedge, we never developed an EA that worked consistently. I still have one fellow who is a brilliant software developer and he continues to work on EA and AI innovations. He has, in his hands already, a final draft of the Trajectory Forex book. Maybe one day, there will be an EA. I am not hopeful but I never rule out the possibility.
So, for now, I may keep coming back here to update my family of FX Power Hedge traders. But, I just wanted to offer what might also be a final goodbye. I wish you all the best of fortune.
Just remember, the FX Power Hedge remains viable. I have simply elevated the game with Trajectory which identifies trends with such consistent accuracy that it eliminates the need for hedging. Still, as one trader in Italy told me the other day, "I still love rules based trading, and I'll continue using the FX Power Hedge." The man is very successful as a professional forex trader, and he has more degrees that I will ever think about obtaining in this lifetime. He knows what he is doing, and he smartly profits off the old system. So, as I mention in the new book, a lot of traders will combine the power hedge, and maybe Trajectory, with elements of Technical Analysis although I personally do not trade with ANY consideration given to Technical Analysis. It is based on historical data that seeks to predict the future, and you cannot predict the future of anything in our known universe. So, just in my opinion, Technical Analysis is the biggest scam ever perpetuated in forex or perhaps any investment community. That said, I concede a lot of people love Technical Analysis and also incorporate elements of my own systems into their more traditional trend identification processes. As Larry David said in the recent classic film by Woody Allen, "Whatever works."
I just felt, partly because of the regulatory crackdown in the U.S., it was time to pull the FX Power Hedge off the market. With the NFA enforcing its ban on hedging and the CFTC increasingly active enforcing their rules on U.S. citizens, I just don't need the headaches and potential risks of selling a hedging system that a U.S. citizen could purchase.
So, with a final salute to our increasingly LESS free trade world in America and what appears to be a move toward socialism (at least for the next couple years), I wish you all well. Life goes on. Elections happen every four years for a reason. And to those who seek to earn profits now with the new, innovative Trajectory Forex methodology or by whatever means, always remember that we true capitalists shall always prevail over those who seek to impose their unreasonable restrictions over our desire to pursue free trade. It's our money and we should have the right to invest it in whatever manner we choose free of regulation in the choices we make.
We capitalists will not be denied the ability to earn profits via free trade. I remind those in the White House today that free capitalism is the fuel of true democracy. Their regulations and inept policies are the reason we have an ongoing depression today. We pray for a free trade advocate of real capitalism as our next President here in the U.S.
Peace and prosperity.
Tuesday, January 11, 2011
One Million Dollars In 15 Days
Okay, this post is verging on the unbelievable, but I'm putting it here for those who follow or already trade my system and know it's not BS.
So everyone traditionally says you should never trade on the holidays. Not enough volume to predict trends. Well, fortunately, my system doesn't "predict" anything. It works in real time with 100% true pieces of data right out of the MT4. So I decided to put my own system to the test and do it in style. I took an account, worked it over a couple months without making any withdrawals, and then traded very aggressively starting on December 15, 2010 (VERY aggressively to a point of margin risk that I wouldn't recommend...then again, I've been doing this for a while).
I didn't start out with any specific goal, and (frankly) I also didn't use the conventional FX Power Hedge System (still available for a short time at www.fxpowerhedge.com). I used an evolution of the system that I've put together and taught people who buy the traditional FX Power Hedge over the past year. This methodology is based on the data analysis methods used in FX Power Hedge, but takes it just one step further with a second real time variable in order to actually increase profit taking.
And, it's not technical analysis. And, it's not fundamental analysis. And, it's just not anything anyone has ever done before based on everything I've ever seen, read or heard going back to my start in forex back in 2006.
So, using this new evolution of the FX Power Hedge, what were my results? On the evening of December 30, 2010 after starting this sequence of trades on just December 15, I remarkably (although not so surprising to me since I've been getting great results all year) -- on December 30, 2010, my total profits exceeded $1 million. That's $1 million USD in 15 days.
Now, I seriously hesitated to post this, because everyone talks about how I must be promoting a scam and ya da ya. Cause my results are too good.
Hey, even Google refuses to allow me to buy AdWords cause they decided (without anyone at Google ever actually trying my system)...they decided the results I talk about on my FX Power Hedge website must be "fraudulent". Again, in my still ongoing war with Google for credibility, I sent these latest charts to them showing my daily profits from Dec. 15 - Dec. 30, 2010. Again, if anyone at Google reads this, you guys amaze me. You allow brokers to advertise and perpetuate the biggest scam in forex: technical analysis. But me...I must be the real scam cause I'm just one guy -- not a big broker paying megabucks for tons and tons of AdWords. Yeah, okay. Read my charts, guys.
This system is based on mathematics. It's based on the same principles used to chart the trajectory of other objects in space. We're simply applying these measures of trajectory calculation to a "virtual" object: price movement.
In concept, it's brutally simple. In execution, it's the beast in terms of profitable big and micro trend identification. I just wanted to pass along this example of the system actually working during the holidays last month. I have a book coming out soon that I will urge all of you to keep an eye out for: Trajectory Forex.
It will be available soon on Amazon and other outlets both as a paperback and e-book. This may be the last post I put up on this FX Power Hedge site. I'm going to take down the FX Power Hedge website soon and just move forward with the new system, simply called "Trajectory".
This has been a wonderful journey, and I've very much enjoyed sharing it with so many of you who check in here and there to report your progress. Honestly and sincerely, I have truly enjoyed working with you as much as you guys tell me stuff like "the support is great". I always chuckle when I get that one, cause it makes me sound like a call center. And hey, I'm just one guy answering e-mails and helping people learn how to trade forex for profit and hopefully for a living.
I wish you all well. Thank you very much for the journey. Together, I believe we have taken a big step toward eliminating a lot of the fraud in forex...especially the voodoo of Technical Analysis which is still wrongly promoted by almost every major broker, yet causes no less than 80% of all new traders to lose all their money.
Again, with my system, I achieved some disgusting results in a very short time even within the past month. Again, I tell you, forex is just not that difficult if you will only use the real time streaming data in your MT4, and NEVER try to "predict" the future. You can't predict the future anywhere else in the universe. Why in the world would anyone think some kind of chart pattern or candle formation can predict the future in forex? Yet, big brokers swear by this technical analysis BS and they suck in a ton of people every day convincing the novice trader they can learn it and make money. Bull.
Meanwhile, I used real time data to "trade in the now" and just pulled down a sweet $1 million in 15 days. AND...I did it during the bloody holidays. THAT is for the stinking brokers and Google who think my system is a scam. I look forward to the day (hopefully within the next few months) when my book hits the top 10 sellers. I'm excited. Again, watch for "Trajectory Forex" by Sparks coming out soon.
Peace and prosperity to all of you.
Sparks
So everyone traditionally says you should never trade on the holidays. Not enough volume to predict trends. Well, fortunately, my system doesn't "predict" anything. It works in real time with 100% true pieces of data right out of the MT4. So I decided to put my own system to the test and do it in style. I took an account, worked it over a couple months without making any withdrawals, and then traded very aggressively starting on December 15, 2010 (VERY aggressively to a point of margin risk that I wouldn't recommend...then again, I've been doing this for a while).
I didn't start out with any specific goal, and (frankly) I also didn't use the conventional FX Power Hedge System (still available for a short time at www.fxpowerhedge.com). I used an evolution of the system that I've put together and taught people who buy the traditional FX Power Hedge over the past year. This methodology is based on the data analysis methods used in FX Power Hedge, but takes it just one step further with a second real time variable in order to actually increase profit taking.
And, it's not technical analysis. And, it's not fundamental analysis. And, it's just not anything anyone has ever done before based on everything I've ever seen, read or heard going back to my start in forex back in 2006.
So, using this new evolution of the FX Power Hedge, what were my results? On the evening of December 30, 2010 after starting this sequence of trades on just December 15, I remarkably (although not so surprising to me since I've been getting great results all year) -- on December 30, 2010, my total profits exceeded $1 million. That's $1 million USD in 15 days.
Now, I seriously hesitated to post this, because everyone talks about how I must be promoting a scam and ya da ya. Cause my results are too good.
Hey, even Google refuses to allow me to buy AdWords cause they decided (without anyone at Google ever actually trying my system)...they decided the results I talk about on my FX Power Hedge website must be "fraudulent". Again, in my still ongoing war with Google for credibility, I sent these latest charts to them showing my daily profits from Dec. 15 - Dec. 30, 2010. Again, if anyone at Google reads this, you guys amaze me. You allow brokers to advertise and perpetuate the biggest scam in forex: technical analysis. But me...I must be the real scam cause I'm just one guy -- not a big broker paying megabucks for tons and tons of AdWords. Yeah, okay. Read my charts, guys.
This system is based on mathematics. It's based on the same principles used to chart the trajectory of other objects in space. We're simply applying these measures of trajectory calculation to a "virtual" object: price movement.
In concept, it's brutally simple. In execution, it's the beast in terms of profitable big and micro trend identification. I just wanted to pass along this example of the system actually working during the holidays last month. I have a book coming out soon that I will urge all of you to keep an eye out for: Trajectory Forex.
It will be available soon on Amazon and other outlets both as a paperback and e-book. This may be the last post I put up on this FX Power Hedge site. I'm going to take down the FX Power Hedge website soon and just move forward with the new system, simply called "Trajectory".
This has been a wonderful journey, and I've very much enjoyed sharing it with so many of you who check in here and there to report your progress. Honestly and sincerely, I have truly enjoyed working with you as much as you guys tell me stuff like "the support is great". I always chuckle when I get that one, cause it makes me sound like a call center. And hey, I'm just one guy answering e-mails and helping people learn how to trade forex for profit and hopefully for a living.
I wish you all well. Thank you very much for the journey. Together, I believe we have taken a big step toward eliminating a lot of the fraud in forex...especially the voodoo of Technical Analysis which is still wrongly promoted by almost every major broker, yet causes no less than 80% of all new traders to lose all their money.
Again, with my system, I achieved some disgusting results in a very short time even within the past month. Again, I tell you, forex is just not that difficult if you will only use the real time streaming data in your MT4, and NEVER try to "predict" the future. You can't predict the future anywhere else in the universe. Why in the world would anyone think some kind of chart pattern or candle formation can predict the future in forex? Yet, big brokers swear by this technical analysis BS and they suck in a ton of people every day convincing the novice trader they can learn it and make money. Bull.
Meanwhile, I used real time data to "trade in the now" and just pulled down a sweet $1 million in 15 days. AND...I did it during the bloody holidays. THAT is for the stinking brokers and Google who think my system is a scam. I look forward to the day (hopefully within the next few months) when my book hits the top 10 sellers. I'm excited. Again, watch for "Trajectory Forex" by Sparks coming out soon.
Peace and prosperity to all of you.
Sparks
Friday, October 22, 2010
Forex and the calculation of trajectory
When people first get into forex, they're typically fascinated and, at the same time, overwhelmed with the nearly endless complexities of technical analysis. Unfortunately, this is a methodology for trend identification that's based on historical chart patterns. Technical analysis is thus fundamentally flawed in that it attempts to do something impossible in our known universe: predict the future. It can't be done! What's more, history doesn't repeat itself. So past chart patterns have absolutely zero integrity relative to what's going to happen next in the forex market.
Yet, 80% of all new forex investors lose every penny they initially invest thanks to the flawed thinking behind technical analysis. People consistently make the mistake of believing that technical analysis will help them earn profits. Or they buy the latest trendy EA (Expert Advisor) and promptly throw away money on automation that does not work. There isn't a single EA that consistently earns profits. I buy them all. I try them all, cause I'd love to be surprised one day. But, the simple fact is that not ONE Expert Advisor consistently produces profits long term. Still, people love the idea of just magically pushing a button and making money. So, with eternal optimism, people buy these EA's and they lose money.
It's irritating and makes me angry.
I want to introduce you to another way to look at forex. In concept, this is going to sound profoundly simple. That's because it is!!!!!
What do we have in forex, if you strip away all the intricacies of technical and fundamental analysis? What is it that we see when we look at a chart in an MT4 platform? We see a moving piece of data: price. That's it. The price goes up (vertical) and it goes down (horizontal). And, you can observe these movements over periods of time (momentum/speed).
So, get simple. Stop thinking about global economies and who's rioting in the streets where, or what the economic conditions are in this nation and how it will impact some other nation...forget all that fundamental economic information. It's irrelevant to the mathematical problem of trajectory calculation.
Same is true for technical indicators. Forget channels and spinning tops and resistance levels. They mean nothing relative to the future.
Our objective is clear and really pretty simple. We're trying to calculate the trajectory of a currency moving through space at THIS PRESENT MOMENT, and we don't care about PAST patterns of movement. And we don't care about what causal effects may be prompting a currency to move up or down at one speed or another. We ONLY care about what's happening on that chart in this moment, cause THAT is where and how we make money.
Do you CARE "why" a currency goes up or down if you can simply identify the period of time where you can capture profits? I honestly contend that you will confuse yourself with the facts. You'll start introducing emotional and subjective thinking that screws up your trading decisions if you attempt to interpret world events or look at technical indicators.
You have to look at forex as a problem that's purely mathematical and there are empirical solutions because we actually have 100% true, streaming data. We actually get all we need to calculate the trajectory of a currency. It's simply the process of calculating the trajectory of price movement. Period.
When you look at your MT4 platform, what you should force yourself to see is just two fundamental things: price movement (which is vertical and horizontal), and the speed of price movement (which can be gauged in pips per X time frame). Forex provides us with two and only two variables which are 100% true at all times: price movement and time frame of X price movement. It streams into our MT4 platform in real time. This gives us the essential data to calculate momentum, which allows us to consistently identify trajectory.
Start thinking simple. Stop complicating your forex life with all the near infinite irrelevant things professional traders attempt to teach you. With effective money management, you can literally flip a coin and make a profit in forex. With even the most primitive trajectory calculation techniques, you should make big profits on a consistent basis. I teach this through my FX Power Hedge system, albeit an ongoing process of me trying to explain it better and better with every passing day. But hey, I try to teach it effectively and most traders who work with me "get it". My personal journey is told at www.fxpowerhedge.com. It may perhaps explain why I'm so hacked with the forex establishment and the ongoing rip off of every consumer trader, not to mention the seeming endless regulation they try to pile on top of us (but that we can get around if we know who to call when we open an account -- don't worry -- none of the latest regulations need affect you in any way).
You can profit on a consistent basis if you just focus on the data. Stick with facts. If you choose to learn through my system, I'll just ask that you work with me and let me try to explain it in my own way. I'm not a professional teacher, so I do what I can to explain this stuff. At the worst, I tell it like it is and I work very hard to liberate people from the constant BS of forex scammers. That's another reason why I only charge $29 bucks for my system, and I personally work with you as you learn the system in my own sometimes painfully slow way. But hey, as I said, I'm doing the best I can as a novice teacher, but successful trader.
The simple fact is that I got seriously hacked when I lost a lot of money because a major forex broker lied to me about technical analysis. I bought into it. I screwed up and I believed them. So I worked very hard to learn it. I paid them a disgusting amount of money to teach me.
Still, I lost every penny I put into no less than three different accounts that I traded with technical analysis. That's when I realized it was BS, and I got into the TRUE DATA behind forex. That's how I developed my system. I went on a pursuit of truth and I found it in the only 100% true data we get in forex. Mathematical calculations that are pretty simple related to trajectory of price movement. Because this is about reality. It's about what is happening now in terms of price movement.
It's not voodoo. Not guessing. Not predicting the future. Not hoping the past will repeat itself today in myriad complex chart patterns.
Just use your common sense. That's all I'm advising.
This is about data. 100% true variables that stream to you in your MT4 platform in real time.
This is not about guessing. Think trajectory. Trade smart. Win profits. You can do it.
Yet, 80% of all new forex investors lose every penny they initially invest thanks to the flawed thinking behind technical analysis. People consistently make the mistake of believing that technical analysis will help them earn profits. Or they buy the latest trendy EA (Expert Advisor) and promptly throw away money on automation that does not work. There isn't a single EA that consistently earns profits. I buy them all. I try them all, cause I'd love to be surprised one day. But, the simple fact is that not ONE Expert Advisor consistently produces profits long term. Still, people love the idea of just magically pushing a button and making money. So, with eternal optimism, people buy these EA's and they lose money.
It's irritating and makes me angry.
I want to introduce you to another way to look at forex. In concept, this is going to sound profoundly simple. That's because it is!!!!!
What do we have in forex, if you strip away all the intricacies of technical and fundamental analysis? What is it that we see when we look at a chart in an MT4 platform? We see a moving piece of data: price. That's it. The price goes up (vertical) and it goes down (horizontal). And, you can observe these movements over periods of time (momentum/speed).
So, get simple. Stop thinking about global economies and who's rioting in the streets where, or what the economic conditions are in this nation and how it will impact some other nation...forget all that fundamental economic information. It's irrelevant to the mathematical problem of trajectory calculation.
Same is true for technical indicators. Forget channels and spinning tops and resistance levels. They mean nothing relative to the future.
Our objective is clear and really pretty simple. We're trying to calculate the trajectory of a currency moving through space at THIS PRESENT MOMENT, and we don't care about PAST patterns of movement. And we don't care about what causal effects may be prompting a currency to move up or down at one speed or another. We ONLY care about what's happening on that chart in this moment, cause THAT is where and how we make money.
Do you CARE "why" a currency goes up or down if you can simply identify the period of time where you can capture profits? I honestly contend that you will confuse yourself with the facts. You'll start introducing emotional and subjective thinking that screws up your trading decisions if you attempt to interpret world events or look at technical indicators.
You have to look at forex as a problem that's purely mathematical and there are empirical solutions because we actually have 100% true, streaming data. We actually get all we need to calculate the trajectory of a currency. It's simply the process of calculating the trajectory of price movement. Period.
When you look at your MT4 platform, what you should force yourself to see is just two fundamental things: price movement (which is vertical and horizontal), and the speed of price movement (which can be gauged in pips per X time frame). Forex provides us with two and only two variables which are 100% true at all times: price movement and time frame of X price movement. It streams into our MT4 platform in real time. This gives us the essential data to calculate momentum, which allows us to consistently identify trajectory.
Start thinking simple. Stop complicating your forex life with all the near infinite irrelevant things professional traders attempt to teach you. With effective money management, you can literally flip a coin and make a profit in forex. With even the most primitive trajectory calculation techniques, you should make big profits on a consistent basis. I teach this through my FX Power Hedge system, albeit an ongoing process of me trying to explain it better and better with every passing day. But hey, I try to teach it effectively and most traders who work with me "get it". My personal journey is told at www.fxpowerhedge.com. It may perhaps explain why I'm so hacked with the forex establishment and the ongoing rip off of every consumer trader, not to mention the seeming endless regulation they try to pile on top of us (but that we can get around if we know who to call when we open an account -- don't worry -- none of the latest regulations need affect you in any way).
You can profit on a consistent basis if you just focus on the data. Stick with facts. If you choose to learn through my system, I'll just ask that you work with me and let me try to explain it in my own way. I'm not a professional teacher, so I do what I can to explain this stuff. At the worst, I tell it like it is and I work very hard to liberate people from the constant BS of forex scammers. That's another reason why I only charge $29 bucks for my system, and I personally work with you as you learn the system in my own sometimes painfully slow way. But hey, as I said, I'm doing the best I can as a novice teacher, but successful trader.
The simple fact is that I got seriously hacked when I lost a lot of money because a major forex broker lied to me about technical analysis. I bought into it. I screwed up and I believed them. So I worked very hard to learn it. I paid them a disgusting amount of money to teach me.
Still, I lost every penny I put into no less than three different accounts that I traded with technical analysis. That's when I realized it was BS, and I got into the TRUE DATA behind forex. That's how I developed my system. I went on a pursuit of truth and I found it in the only 100% true data we get in forex. Mathematical calculations that are pretty simple related to trajectory of price movement. Because this is about reality. It's about what is happening now in terms of price movement.
It's not voodoo. Not guessing. Not predicting the future. Not hoping the past will repeat itself today in myriad complex chart patterns.
Just use your common sense. That's all I'm advising.
This is about data. 100% true variables that stream to you in your MT4 platform in real time.
This is not about guessing. Think trajectory. Trade smart. Win profits. You can do it.
Saturday, October 16, 2010
Forex: Free Margin Is Everything
I recently had a young lady purchase my system (www.fxpowerhedge.com), and she blew up a whole $50,000 demo account in two days. When she contacted me for support, it took me about half a second to ask her how many trades she made at the start and how much free margin she had allowed herself.
Her response? I quote, "What's free margin?" It was okay. I explained. It's not unusual for novice traders to buy my system and start out with actually zero knowledge about trading forex. So I explained to her the importance of free margin. Somewhere along the way in that series of e-mail exchanges, I realized that I probably haven't emphasized free margin requirements enough in my blog and in other communications.
Then, if you really stop to think about it, you realize that free margin is EVERYTHING in forex. It "can" be the sole determining factor between profits and losses (unless you happen to pick ONLY winning trades, which is tough since even my system has a 3% losing statistic). And while my system has been documented to be the most statistically successful in forex (no surprise since it is based purely on mathematics and the only 100% true real time data you get in forex), you can STILL face the need to ride out retraces.
If you don't leave yourself adequate free margin, boom -- you're out. You get a margin call and you lose your trade -- typically losing money that seriously hurts your account.
So before you get trade happy after purchasing my system or getting into forex with ANY approach (including flipping a coin, which I've discussed in other posts as being equally viable to technical analysis at its best), you MUST adhere to basic rules of free margin.
Step one here is to talk with your broker and find out their requirements. As the global economy has gotten more and more unstable, brokers have changed their free margin requirements. This simply means they require you to have MORE money available in your account and NOT tied up in trades than previously when we had a stable global economy. So get the exact information you need from your broker.
As a general rule, however, I always recommend at least 50% of your total account equity should be kept available as free margin. With smaller account, you may need to keep MORE equity available as free margin. Let's face it. If you have just a $300 account, then $150 in free margin may not protect you from much in the way of a small retrace.
This brings up the second issue: starting accounts with very small amounts of money. Not everyone has $5000 - $15,000 to open their initial account. I understand. That's real world. Not a problem, and I was there myself in 2006. I lost several $300 accounts in rapid fashion before I started figuring out the mathematics of my system and quickly tossing technical analysis out the window. It didn't take me long to realize you can't predict the future based on past data, and that's EXACTLY what technical analysis attempts to do. So trying to make money with technical analysis when I started out with my own $300 accounts was a total failure (for me).
It's impossible to predict the future in our known universe, and you surely can't expect PAST chart patterns to consistently repeat themselves. So I strongly urge you to forget technical analysis. But you CAN make big profits starting with just a $300 account. It simply requires some patience and intelligent execution of the FX Power Hedge in the early days. As I've discussed before as well, profit in forex grow exponentially, not incrementally. So it doesn't take long to build a small account into a much more safe large account. You simply have to avoid unwise mistakes.
I routinely share charts with my new traders where I demonstrate that it takes (on average) 10 to 14 days to double a $300 - $500 account. However, once you reach the $1000 account size (which yes, can take two weeks or so in today's market), you can then pretty routinely double that account in about 3 days. That's the best example of how growth is exponential in forex versus incremental. And that's the reason we have so many people who have gone from $300 to $500 as their opening account up to $15,000 in only 45 days on average. After that point, you "should" be clearing $1600 - $4000 per 24 hour cycle with my system.
THE WHOLE TIME: FREE MARGIN IS AN ESSENTIAL VARIABLE! You MUST keep at least half your account available as free margin right up through the $15,000 equity level. Only at that point can you start thinking about reducing the amount you keep as free margin to $5000 or so, and even then I err on the side of caution versus pushing the limit. Personally, I ALWAYS keep a minimum of 50% of my account available as free margin even on accounts bigger than $15,000! Believe it.
There's simply too much money on the line to take any risk of suffering a margin call. So it's one thing to get into forex with a system that pretty consistently identifies trends for small and big profits (yes, the profits vary one trade to another). It's something else to identify the trend, but then SCREW IT UP because you made too many trades and left yourself vulnerable to a margin call with even just a small retrace!
Whether you're using my system or technical analysis or whatever approach in forex, WATCH THE FREE MARGIN!!!! It's critical to your success. If you're greedy and you try to make every possible trade to build up profits fast, fast, fast, you can expect problems, problems, problems.
Forex requires patience and good judgment. Forex requires diligence and practice. Forex requires you to take intelligent risks -- not just guess and hope to get lucky. I know it's tempting to look at the declining value of the USD (for example) and just go all-in against the dollar, but that's simply not always going to work. Even the strongest of trends suffers from retraces. But okay, if you had $100,000 in free margin, and you were only trading one lot (which would be pretty ridiculous, but just as an example). That's a trade you could just leave in place and work off the Daily, Weekly and Monthly charts. Retraces, even reverses, aren't going to hurt THAT trade. I know that's an extreme example, but I want to stress that FREE MARGIN allows you to ride out all kinds of mistakes and market fluctuations. So it's a HUGE factor that doesn't get enough attention -- from me and everyone else teaching forex.
So protect your account with enough free margin to safely survive retraces. With a $300 account, I recommend at least $150 as free margin. That's the minimum.
Be smart in your trend identification methodology, and I obviously recommend my own FX Power Hedge system (www.fxpowerhedge.com). I'm going write another post soon about the core concepts of my system relative to the Six Degrees of Freedom in navigation as used by NASA. It's fascinating, and I'm working on what is, in essence, a white paper on charting the course of a currency in terms of price movement to explain why my system works from yet another point of view. So that's coming soon. Meanwhile, be safe. Make every trade count. Win big. Lose small. And NEVER have a margin call! Watch your FREE MARGIN!!!
Her response? I quote, "What's free margin?" It was okay. I explained. It's not unusual for novice traders to buy my system and start out with actually zero knowledge about trading forex. So I explained to her the importance of free margin. Somewhere along the way in that series of e-mail exchanges, I realized that I probably haven't emphasized free margin requirements enough in my blog and in other communications.
Then, if you really stop to think about it, you realize that free margin is EVERYTHING in forex. It "can" be the sole determining factor between profits and losses (unless you happen to pick ONLY winning trades, which is tough since even my system has a 3% losing statistic). And while my system has been documented to be the most statistically successful in forex (no surprise since it is based purely on mathematics and the only 100% true real time data you get in forex), you can STILL face the need to ride out retraces.
If you don't leave yourself adequate free margin, boom -- you're out. You get a margin call and you lose your trade -- typically losing money that seriously hurts your account.
So before you get trade happy after purchasing my system or getting into forex with ANY approach (including flipping a coin, which I've discussed in other posts as being equally viable to technical analysis at its best), you MUST adhere to basic rules of free margin.
Step one here is to talk with your broker and find out their requirements. As the global economy has gotten more and more unstable, brokers have changed their free margin requirements. This simply means they require you to have MORE money available in your account and NOT tied up in trades than previously when we had a stable global economy. So get the exact information you need from your broker.
As a general rule, however, I always recommend at least 50% of your total account equity should be kept available as free margin. With smaller account, you may need to keep MORE equity available as free margin. Let's face it. If you have just a $300 account, then $150 in free margin may not protect you from much in the way of a small retrace.
This brings up the second issue: starting accounts with very small amounts of money. Not everyone has $5000 - $15,000 to open their initial account. I understand. That's real world. Not a problem, and I was there myself in 2006. I lost several $300 accounts in rapid fashion before I started figuring out the mathematics of my system and quickly tossing technical analysis out the window. It didn't take me long to realize you can't predict the future based on past data, and that's EXACTLY what technical analysis attempts to do. So trying to make money with technical analysis when I started out with my own $300 accounts was a total failure (for me).
It's impossible to predict the future in our known universe, and you surely can't expect PAST chart patterns to consistently repeat themselves. So I strongly urge you to forget technical analysis. But you CAN make big profits starting with just a $300 account. It simply requires some patience and intelligent execution of the FX Power Hedge in the early days. As I've discussed before as well, profit in forex grow exponentially, not incrementally. So it doesn't take long to build a small account into a much more safe large account. You simply have to avoid unwise mistakes.
I routinely share charts with my new traders where I demonstrate that it takes (on average) 10 to 14 days to double a $300 - $500 account. However, once you reach the $1000 account size (which yes, can take two weeks or so in today's market), you can then pretty routinely double that account in about 3 days. That's the best example of how growth is exponential in forex versus incremental. And that's the reason we have so many people who have gone from $300 to $500 as their opening account up to $15,000 in only 45 days on average. After that point, you "should" be clearing $1600 - $4000 per 24 hour cycle with my system.
THE WHOLE TIME: FREE MARGIN IS AN ESSENTIAL VARIABLE! You MUST keep at least half your account available as free margin right up through the $15,000 equity level. Only at that point can you start thinking about reducing the amount you keep as free margin to $5000 or so, and even then I err on the side of caution versus pushing the limit. Personally, I ALWAYS keep a minimum of 50% of my account available as free margin even on accounts bigger than $15,000! Believe it.
There's simply too much money on the line to take any risk of suffering a margin call. So it's one thing to get into forex with a system that pretty consistently identifies trends for small and big profits (yes, the profits vary one trade to another). It's something else to identify the trend, but then SCREW IT UP because you made too many trades and left yourself vulnerable to a margin call with even just a small retrace!
Whether you're using my system or technical analysis or whatever approach in forex, WATCH THE FREE MARGIN!!!! It's critical to your success. If you're greedy and you try to make every possible trade to build up profits fast, fast, fast, you can expect problems, problems, problems.
Forex requires patience and good judgment. Forex requires diligence and practice. Forex requires you to take intelligent risks -- not just guess and hope to get lucky. I know it's tempting to look at the declining value of the USD (for example) and just go all-in against the dollar, but that's simply not always going to work. Even the strongest of trends suffers from retraces. But okay, if you had $100,000 in free margin, and you were only trading one lot (which would be pretty ridiculous, but just as an example). That's a trade you could just leave in place and work off the Daily, Weekly and Monthly charts. Retraces, even reverses, aren't going to hurt THAT trade. I know that's an extreme example, but I want to stress that FREE MARGIN allows you to ride out all kinds of mistakes and market fluctuations. So it's a HUGE factor that doesn't get enough attention -- from me and everyone else teaching forex.
So protect your account with enough free margin to safely survive retraces. With a $300 account, I recommend at least $150 as free margin. That's the minimum.
Be smart in your trend identification methodology, and I obviously recommend my own FX Power Hedge system (www.fxpowerhedge.com). I'm going write another post soon about the core concepts of my system relative to the Six Degrees of Freedom in navigation as used by NASA. It's fascinating, and I'm working on what is, in essence, a white paper on charting the course of a currency in terms of price movement to explain why my system works from yet another point of view. So that's coming soon. Meanwhile, be safe. Make every trade count. Win big. Lose small. And NEVER have a margin call! Watch your FREE MARGIN!!!
Subscribe to:
Posts (Atom)
