I used to mentor this program from to And he is profitable almost every day with this system. The program has useful information to ensure that users are able avoid scams and other complications as they trade currencies. Benefits of the Forex Scalping Mentoring Program:
Learn to Day Trade The Forex with Peter Bain's Original Home Study Forex Mentoring Program
Forex Mentor is an outrageous fraud. The company was founded by a former futures broker with a very shady past of selling get rich quick, Forex trading educational programs. But the supposed educational programs and private mentoring continues to be sold.
The marketing showpiece is a supposed professional trader named Shirley Hudson. The spreadsheet contains nearly 7 years of non-stop, continuous winning day trades. It turns out that Shirley Hudson is nothing more than a hardscrabble Realtor operating out of Washington State. Forex Mentor is a day and swing trading educational service. The company was founded by Peter Bain, a self-described professional forex trader, and former Forex broker.
Org, it appears that Forex Mentor began offering Forex educational products beginning in late Currently, there are over 20 educational products for sale on the website.
To list each product would be mundane. Under this cloud of suspicion, constant consumer complaints, and continued regulatory hassles…Peter Bain finally threw in the towel on the Forex brokerage business.
Over the years, it appears that Forex Mentor has cycled through various individuals that the company touts as professional Forex mentors.
Pay a fee, and these persons will teach you the supposed secrets of Forex trading. During the month of May , TradingSchools. Vic Noble refused to be interviewed, and he refused to provide any information regarding his supposed claims of being a full-time professional Forex trader.
About the only thing we know for sure about Vic is that he apparently used to a broker registered in Canada. There are no official registrations for Vic Noble in the United States. The next, and most highly touted trading mentor is a person named Shirley Hudson, living in Washington state. In fact, her supposed trading performance serves as the marketing centerpiece of the Forex Mentor family of trading products.
Her supposed track record is something quite fantastic, or fantastical…. If you took a moment to look at this, you were probably quite shocked. Since , hardly ever a loss!
You would think, that with such amazing trading riches, and a track record that would make Warren Buffet blush, that Shirley would be retired and living the good life. Eating from a never ending feast of shrimp and lobster tails. Lounging by the pool, drinking exotic mixers and feeding her french poodle only the finest caviar. She is actually just a Realtor for Windermere Real Estate. You can easily find her website at ShirleyHudson. Org contacted the local Windermere real estate office in which she is based.
And it will not be able to help you overcome those obstacles. The value of this Mentoring Program is that we will hand-hold and guide you along this journey, so that you can avoid the pitfalls, minimize your costs and shorten your time to success.
For more information, please contact us. The network is founded to: Advantages of Forex Trading: You may Long Buy the currency pair when bullish, and Short Sell it when bearish, which means you can profit in both up and down markets.
With proper money management, you can make profits with minimum capital. Leverage is a double-edged sword and the misuse of leverage can be disastrous. Daily turnover of USD4 trillion. We are traders - not economists.
We are only interested in profiting from the aftermath volatility as a result of these global fundamental events. When a market reaches certain low levels, they are at a support level support being a price level that attracts buyers simply on lower prices.
It could be that the market reached those levels on several occasions before and bounced off them. Markets that reach support levels will often rise as buyers are re-attracted to those price points. Then the herd instinct kicks in and price rises. If a market rises, and a level of resistance is eventually reached as a price level is rejected by buyers because the sellers are asking too much. The price will begin to move downward from this level of resistance.
Other sellers join in, the crowd factor multiplies and price swoons. Support and resistance levels are extremely dynamic in Forex trading — meaning that they are subject to change from day to day. These levels must be recalibrated from day to day. My currency trading system uses mathematical formulas to calculate these support and resistance levels known as "pivot levels.
This facilitates price movement predictability. My system enables you to quickly react to an ever changing Forex market, as well as to easily pinpoint entry and exit points. These factors are why my system competes favorably with systems which are based on "lagging" indicators.
These other so called systems will simply pale in comparison. To further improve my trading odds, I combine pivot levels with a small number of the consistent, reliable and re-occurring key technical indicators and chart formations. The ones I am particularly interested in are the powerful reversal formations at tops and bottoms of price ranges. When you apply chart pattern recognition skills together with the use of the pivots, benefits accrue for certain.
The targeted support and resistance numbers are like an early warning system. Being aware of an important price target level, accompanied by a pattern, you can then anticipate your move.
Let me tell you this Improve your chances by taking trades in and around pivot points. My system uses pivot points to see in advance potential levels of support and resistance, as well as levels for potential major market reversals. One guy offered me a blank check. That is my main reason for offering you all of the free information in this letter. You may have learned just enough that you can add the info to what you already know — and run with it. But the majority of you will still have questions.
And I want to be able to answer all of them. My home study Forex video course and video Forex mentoring explain these strategies and shows you in detail how to use these powerful pivot levels to direct your currency trading. With our Forex training, you will master these techniques and they will go a long way to improving your bottom line. The information-packed pages of my Forex training course include practical tips and real-life examples.