Fx report sa

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Millionaire
FOREX TRADer
SECRETs report


Please Print This Report!
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send this to your closest printer!

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Contents

What is Forex?
Why Trade Forex?
How to Enter Trades for Profit
How to Manage the RISK – PRECISELY!
11 CRITICAL Steps for Timing Entry and Exit Points
Psychology and Price Action – EXPOSED
Sssshhh – don’t tell anyone about this!

PLUS

My Top 5 Tips for a Successful Trading Career

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3


Ultimate Trading Secrets

7 Battle Tested Tactics to UNLIMITED Trading Profits

Before we get started…
Who the hell is Greg Secker?
That’s me on the right – on our
trading floor in London, England.

I own the multi-million pound
Knowledge to Action group which
runs LiveTradingFloor ™ and
Traders University® - the UK’s first
multi-award winning private trader
coaching company.
We’ve had over 50,000 people
attend our various trading seminars
and workshops – why? Because
what we teach works! We teach
people just like you how to produce
a solid income trading the stock and
currency markets – and over 90% of
these people are literally beginners –
often starting with less than $5000!
I learned how to trade Forex first.
In fact Forex has always been my
first love and my main love. It all
started back in the mid-nineties after
I graduated from University and
joined the Thomas Cook Financial
Services group, as a young, keen
(perhaps a little over zealous) lad out
of school and into their technology
department. I worked hard and
demonstrated aptitude and quickly
realised that the money being made
in this place wasn’t the holiday
business – but the lucrative Foreign
Exchange business.

4

And then a twist of fate happened
– the internet was becoming more
popular, the world wanted to trade
online and I was involved in a
project called “the Virtual Trading
Desk”, which was to become the
world’s first internet based Forex
Trading platform – allowing treasury
departments across the globe to
transact in Forex at the touch of
a button. To make this project a
reality, I had to learn everything
about Foreign Exchange – I trained
with traders from London, New
York, Toronto, Australasia. They
taught me how the rates were
constructed, what influenced the
currency movements, how they
traded the flow,
and a complete
insider view on
fundamental
influences, news,
politics and of
course technical
(charts). I
witnessed billions

of dollars being
dealt and millions
being made.
And I fell in love
with Forex trading
right there and
then.

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Within months, I had moved out
of technology and I was running
the Forex trading and operations
business out of Toronto, Canada for
the Virtual Trading Desk.
This was such a revolution in the
Foreign Exchange world, if you
remember the Euro, the ERM
(Exchange rate mechanism) was all
to come...this was pre-2000 (and the
millennium bug!). We were so far
ahead of our time, we won multiple
awards for this innovation - beating
the likes of Barclays and Charles
Schwab – we had real-time Forex
Trading and on else did.


Ultimate Trading Secrets

7 Battle Tested Tactics to UNLIMITED Trading Profits

This early success in my career, got
me hooked on trading Forex. I could
see what it could do, I was in awe of
the sheer size and scale. If the UK
Stock market was a paddling pool –
this was the Atlantic Ocean!
Because of my success with the
Virtual Trading Desk, I was soon
gobbled up by a big US Bank (my
signing bonus was more than my
salary from my previous job and, as
you can imagine, my parents were
ecstatic!).

I was now a Vice President in the
Foreign Exchange business for
a major investment bank (Mellon
Financial Corporation) in the United
States, not bad for a guy in his early
twenties!
Here I was lucky enough to be
working around some of the very
best traders in the world – I had
exclusive access working with high
powered Forex traders every single
day. Not the ‘big names’ (i.e. Soros,
Buffet etc) you hear

bandied around the
Internet and in the
media - but the real
Forex traders who
quietly toil away day
after day, bringing in
multi-million dollar
fortunes for the
investment banks,
proprietary trading
floors and hedge funds
they work for.
Making money trading
flourished - and it
was at this time that
I stumbled upon a
concept that led to a
complete shift in my
thinking. Up until this
point, I had worked
hard, I had won awards
for my degree’s at
university and there I

was at 24 – with a six figure salary
and a vice-presidency in a major US
bank – yet I was (in my language)
a salary slave. Yes I had great
bonuses, yes I had a fantastic salary
– but boy did I have to put the hours

in. Whilst all the time, my trading
account was beating my salary into
a pulp.
I realised that I, and most people live
in a world where “TIME = MONEY”.
In other words, the harder I worked
the more money I made.
Ask anyone how to quadruple their
income and their brain asks “How
can I work four times harder?”.
Trading changed all of that for me.
I didn’t just learn how to make
money trading, from my years
working on trading floors around
the world – I completely changed
my perception of money, wealth
and time. I discovered that when
you learn how to trade successfully,
your perception of money changes
forever.

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5


Ultimate Trading Secrets

7 Battle Tested Tactics to UNLIMITED Trading Profits

Through Investing and Trading
(where your money works while
you don’t), I realised I could make
exponential income and that in this
case, time is disproportionately
related to money.
I realised that “Money Makes
Money” – and when you don’t just
understand that, but you know that
(meaning you do it) – Life changes,
it literally takes on new meaning.
How? You feel lighter, less stressed,
less worried, different – somewhat
nonchalant - it’s like the big struggle
is over...
So I continued trading, learning
new strategies, testing everything
I came into contact with. I proofed
my strategies with the traders at
work, at my bank and at other
banks. I realised that technical
analysis (pouring over charts) is for
academics – and that ‘strategies’
(specific rules for entering and
exiting profitable trades) is what the
game is all about. This was where
the money came from, and before
long it was obvious to me that I
did not need to be a salary slave

anymore.
Don’t get me wrong – this wasn’t
easy, I certainly have the scars

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(both emotional and financial) and
I definitely learned the hard way, for
example I have no shame in telling
you that I
burned
seven
trading
accounts
along the
way. We
all have
our own
journeys to
experience,
mine led
me to the
realisation
that i could try and gamble this
market – or i could use strategies
that professionals use and that work.
I am reminded of this nearly every
day. When I look at the outer-ring
of a British two pound coin, the
inscription reads “Standing on the

Shoulders of Giants”.
The words were taken from a letter
written in 1676 by Isaac Newton to
his fellow scientist Robert Hooke,
acknowledging the debt he owed to
others, ‘if I have seen further it is by
standing on the shoulders of giants’
Meaning, the fastest and most
efficient way to success is to use the

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tools that others have discovered
before us, and use them to our
benefit.

I decided that if Sir Isaac Newton
can acknowledge this, so can I. The
Latin is “nanos gigantum humeris
insidentes” meaning: “One who
develops future intellectual pursuits
by understanding the research and
works created by notable thinkers of
the past”.


Ultimate Trading Secrets

7 Battle Tested Tactics to UNLIMITED Trading Profits

After I officially retired from work at
28– I decided to set up a trading
floor, from my home.
Since those early days, I have been
passionately sharing the ‘secrets’
with everyone I have come into
contact with. At first it was friends
and family – but before I knew it, I
had 17 people camping out at my
house trading on my lounge floor
from laptops, and Knowledge to
Action was born in only 3 short
months.
My partner suggested that seeing as
I was so passionate about teaching

people to trade, I should move the
students (the cult!) out of the house
and form a proper school – and that
is exactly what we did.
Today, only five years later I have
spoken on almost all major market
channels including CNBC and
Bloomberg.
I also headline the major investment
events (IX, Euromoney and MasterInvestor to name a few) and
personally own one of the highest
performing private trading floors which is registered and regulated by
the Financial Services Authority in

London. It employs full time traders
executing the very strategies I
discovered on my travels around the
trading floors of the world, and which
I now impart to new traders who are
committed to making this work for
them too.
The success of the graduates (which
combine instruction and, importantly,
coaching) has led to being written
about in two books, Bets in the City
by Sally Nicoll – where I turned the
author’s trading career around, and
she attributes her trading success
to our programme and Instant
Intuition by Anne Jirsch – a well
known psychic who researched my
extraordinary trading profits – to
discover if it was based on ‘some
god given gut feel’ or ‘little known but
easy to use strategies’… (hint: it’s
not the former!)

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7

I have been begged to show my Forex
Trading Tactics to my graduates
For the last five years, my students
have pleaded with me to teach them
to trade Forex. Most of my graduates
who have attended my Traders
University programme become so
expert at trading that they give up
on technical analysis altogether.
What I mean here is, they only trade
strategies. The strategies for trading
stocks that I teach are legendary,
and have been written about in best
sellers, featured on popular news
programmes and TV chat shows.
The question from my graduates
became “Show us the strategies for
trading Forex!”. When I sat down to
write what I do in Forex – it literally
took me six months. After distilling
the programme down so a lay person
could understand it, it took another
six months. Finally Ultimate Forex™
was finished and the three strategies,
namely: Ultimate Forex Pivots™,
Ultimate Forex Sniper Trade™ and
the Forex Income Generator™ are the
three critical cornerstones in creating

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an income from the Forex markets
today and the central strategies to
Ultimate Forex™

Now...
For the first time ever I have decided
to ‘spill my guts’ – if you’ll excuse
the expression. Up until now, only
a small group have been able to
access these strategies. We restrict
ourselves to running only a small
number of seminars per year, and
everyone we teach undergoes a Live
trader coaching programme to ensure
they start and continue to trade
successfully.
So now, I want as many people
around the world to benefit from this.
In this report I am taking a few of the
most important principles that I have
learned and I want to share them with
you – FOR FREE!

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Ultimate Trading Secrets

7 Battle Tested Tactics to UNLIMITED Trading Profits

Why? Because no-one else does.
Check this out….it’s true.
I have always regarded myself as a
pioneer. I was the first person to bring
professional 1-on-1 trader coaching to the
UK – before I started trader coaching there
were just one or two stock market training
companies – you know the drill, a lot of
hype and little substance.
I have completely revolutionised the private trader coaching
industry in the UK – and for this I received critical acclaim – and
I’ve shaken the establishment!
I was also the first (and still only) trading educator to put my
neck on the block – by launching a LIVE trading floor where we
actually published the actual trading accounts and results of our
traders.
NO ONE DOES THIS. Why? In my honest opinion, most trainers
are not traders – you know the adage, those who can - do,
and those who can’t - teach? Most are just publishers. Period.
We prove our results and we have beaten every international
benchmark since we started.
There is no arguing with that – still weasels will whinge, whine
and moan. Whatever! This will really upset them... because I am
giving you some of the best tools... FOR FREE!
Yes! I am betting you’ll love what I have to teach you... FOR
FREE. I’m also betting you’ll become a RAVING FAN... and I truly
believe one day you’ll either attend one of my trading events at
our trading floor or participate in a private 1-on-1 trader coaching

programme – as we know, this is where REAL results are made.

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9


Forex Trading Pays Off: Greg Secker’s Project Aston Martin DB9S
However, if you just want to grab the
tools for FREE, presented here in this
document... be my guest. Seriously,
no love lost. Take them with my
blessing and pass them on to your
friends. I have nothing to lose.
If you are serious – attend Ultimate
Forex™ and have your hand held
through the trading process and
do what I did “STAND ON THE
SHOULDERS OF GIANTS” - there
is no substitute for live one on one
trader coaching with strategies -

10

if you are serious about producing
a secure income stream and have
always wanted to know exactly how
to do this properly and consistently
– then speak to my team and get

registered – I guarantee you will not
look back!

Anyway, without
further ado... let’s
get STARTED!

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What is the Forex Market?
What is the fuss all about?

The Foreign Exchange market, or Forex or FX
Market is literally the largest most liquid market place
in the world. This is the playground of the Millionaire
and even Billionaire trader.
In Forex you can literally create
millions for yourself, if you use proper
professional trading strategies. This
marketplace has both the leverage
and the accuracy to transform your
trading career.
At time of writing the Forex trades
about $3 trillion dollars every single
day. That’s more than the every single
asset class combined (i.e. more
than the bond, stock, equity markets
together!).

The sheer size of this marketplace
means that, unlike trading stocks, you
can easily execute your trades at any
time and get extremely tight spreads

on your trading. This means the cost
of dealing is low and the also the
more you trade the cost stays fixed
– so unlike stocks where you would
expect the price to move the larger
the order (as brokers have to source
enough stock for you to trade), the
Forex markets are completely liquid
and therefore are
For this reason alone, Forex is the
self-selected marketplace of choice of
the Millionaire trader, due to its speed,
efficiency, transparency and clarity of
signal.

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11


What is the Forex Market?

The More People, the Better the Signal...
For trading signals and strategies to actually work out, we need lots of traders to be agreeing with the signal.

Therefore participation is key! Given that Forex is the most participated market in the world, you can be sure that
the signals are the clearest of any marketplace. If you have ever traded an ill-liquid stock in the past using technical
analysis – you will know exactly what i mean. Illiquid stocks only need one participant to ruin an otherwise perfect
technical setup.
Due to magnitude of the Forex market, this noise from one or two individuals is smoothed out because of the sheer
size - again. This translates into reliable signals. The power comes when your trading strategies are reliant on
trading these clear signals.
What you are looking at below is a chart of the EURUSD. You are looking at Pivot lines below (we’ll talk more about
these later on), just for now notice how the price bounces ever so accurately off these lines. Trading Strategies that
work, are those which use these type of clear undeniable trading signals.

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Why Trade Forex?
The Market that Never Sleeps

The Market that Never Sleeps
First of all, time – your time! This is a
24 hour marketplace, it never sleeps.
This means that you can trade when
you want.
If you are an early bird, you will find
setups on the major currencies at
7am. If you are a night owl, you’ll find
setups in the evening.
The point is this, you will soon find

the time frame and the currencies
to monitor and you place the trades
when you are available. On Ultimate
Forex™ programme you will discover
which strategies to trade and when.
Most traders think that the big money
is made trying to scalp Forex –
nothing could be further from the
truth. The big money is made in Forex
by setting up end-of-day trading
strategies and letting these positions
just run and run and bring you
hundreds and thousands of pips.

are using a guaranteed stop loss you
would take a whopping 10% loss on
the trade.
Now this is well known to stock
traders and it is considered ‘market
risk’. However, in the Forex market
this risk does not exist. The Forex
market is completely seamless – in
other words there are no gaps (except
from Friday evening to Sunday
evening when there are no trades).
This means you can trade the market
non-stop without the fear of getting
‘gapped-out’ of your trade.

Unlike the Stock market – the Forex

market does not gap. A gap is a space
on a chart where no trading takes
place, leaving literally a physical white
space on the chart. This is dangerous.
If you have bought some shares in a
company only to discover a week later
that the company is having problems
and releases a profit warning. The
gap could be 10%, and unless you

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Why Trade Forex?

Look at the following diagram, in this example investors
holding Yell Group would have got a nasty surprise when
they learned of the accounting blunders and the stock
gaps down over 10% overnight.

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Why Trade Forex?

The price at what you buy and sell is important. If there is a big difference
between what is costs you to buy something and immediately sell it back to
the market – it only follows that this contributes to a high cost of dealing.
In stocks, the difference between what you can buy and sell your stocks (the spread) is controlled almost exclusively
by market makers. The spread changes often, and is a reflection of the amount of stock available at any given time.
If there are lots of buyers and sellers then clearly the dealing risk is lower for the broker and this results in tighter
spreads to the customer.
Take a look at the following example. You can see the spread on Gregg’s the Bakers is 80 points. That is because
Greggs is not a heavily traded stock ( you don’t get many people buying a stock that is $33 a share) and therefore
the spread is wide. This is because Greggs doesn’t split it’s stock, it wants to attract long term investors who are
interested in the dividend it pays out for holding the stock. A trader then would have to pay 80 points just to get into
the trade. At $10/pt this puts the trade at a - $800 loss just on trade entry.

Stock example - Spread is 80 points
3309.98

3390.03

38.51

08:25

EUR/USD Mon Daily Cash Rolling

1.4329

1.4332

-0.0285

08:28

GBP/USD Mon Daily Cash Rolling

1.8091

1.8094

-0.0353

08:28

Greggs Mon Daily Cash Rolling
Forex example - Spread is 3 points

However in the Forex market, the spread is unaffected by market conditions. The spread is always fixed, so you
always know exactly what prices you are dealing at. Why? There are, as said before, no size restrictions in the Forex
markets.

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15


Why Trade Forex?

Trading Forex 101
Unlike stocks and futures that trade through central

exchanges, most Forex trading takes place through the
interbank market and is facilitated by market makers that
include major banks as well as small to large brokerage
firms. It is difficult therefore to measure the volume
traded on any currency at any time, as it is not registered
through a central exchange – but most good data
providers can give pretty good estimates.

much currency you could buy for 1 unit of the BASE
currency. For example, if EURUSD is trading at 1.3710,
it means 1 Euro is worth 1.3710 US Dollars.

Forex trading involves trading currency pairs such as the
EUR/USD pair (Eurodollar/US dollar pair) where a buyer
of this pair would actually be buying the Eurodollar and
simultaneously selling short the US dollar.

Base
currency

There is always two currencies in every pair, a BASE
and a TERMS. The BASE is always the first currency in
the pair and is always equal to 1. The second currency
in the pair is the TERMS and this tells you what the how

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EUR / USD
Terms
currency

When the exchange rate rises, the ‘terms currency’ is
weakening against the base, and the base is obviously
increasing against the terms. Currency trading is the
simultaneous buying of one currency and selling of the
other.

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How to Enter Trades for Profit

Trade in the Direction of the Trend – Wait for the pull back.
We must never trade against the trend. Whether we
are trading currencies, stocks, commodities or the
indices – we must always trade Long (Buy) when the
chart is moving upwards and Short (Sell) when the
chart is moving downwards. To consistently reap short
term profits and I mean very healthy profits that you can
more than live off, we need to make sure our trade entry
meets the following objectives:
1) W
 e are trading in the same direction as the trend –
ALWAYS!
2) We wait for the trade to pull back, i.e. if the stock is
moving up, let it retrace to a level and bounce
3) The bars (price bars) are small in length – not overly
elongated i.e. volatility and hence risk should be
small.

We look to enter the trade as the bounce is occurring…
In the following diagram, we see the trade is clearly in
an uptrend. By the way, that is defined as higher-highs
(higher peaks forming) and the higher-lows (the troughs
are higher as we move from left to right).
As the stock pulls back (1) to the moving average line
(that’s the blue line in this diagram), we see a series of
red (seller) bars selling off in an uptrend. When the price
approaches the moving average we would expect it to
bounce off. We are therefore looking for a reversal bar
(red changing back to green in this instance) and looking
for trade entry around this area.
Now the bounce is occurring – we are looking for a small
(undersized) reversal bar, as we see volume increasing
into the move.

1. Retracement to
moving average,
major/minor support
or trend line

2. Reversal
Bar

4. Moving Averages
in Direction of
Trend

3. Trend

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17


How to Enter Trades for Profit

1. Undersized Reversal Bar

2. Volume into
the move

The small undersized reversal bar really sets up the
strategy of the play. We use this bar alone to work out
where to place both our entry and our initial stop loss.
What’s the rationale here? Firstly, there are more buyers
than sellers in this particular market – hence why the
stock is in an uptrend. That’s pretty obvious you say –
yes it is. However, no markets move in a straight line,
they move up and then they pull back.
Most novice investors enter a trade that is clearly moving
strongly in a direction, only to see it reverse on them
almost immediately and take their precious capital with

18

it. Why? Generally in the height of excitement of a move
– the full stretch of the accordion player if you like, must

pull back to allow profit takers to realise their profits. It’s
this movement that causes the market to retrace and our
novice investors immediately eat a loss.
What can we do? We must wait to see the direction of
the trend established and the line of the trend. Then
notice the early profit taking which pulls the currency
back to the line of current trend direction. Now we enter
– only on small entry bars - with low risk (i.e. the price
bars are small).

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How to Enter Trades for Profit

Let’s take a look at some examples of this pivotal based
trade in action. Here on EURUSD we have identified a
number of pivots along the trend setting up.
At Ultimate Forex, graduates learn exactly how to
identify these key turning points and place low-risk
managed trade around these crucial points. With a chart
like this, these types of trades yield literally hundreds of
pips. At a trade size of $10/pt or 1 Standard lot, you are
looking at between $2500 and $3000 profit per trade.

In summary, we want to see the pull back occur and
reverse back towards the direction of the trend – when
this reversal of the retracement is confirmed –this is our
confirmation of entry.

The rule therefore can best be remembered as:

“Buy on the bounce, not on
the stretch…”

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19


How to Manage the RISK – PRECISELY!

stop! before you go any further!
Successful trading is about
managing risk, period. If you are
currently trading, have ever traded or
are considering trading, ask yourself
this important question: how much
cash should I place on any given
trade?
If the answer to this question is not
mathematically generated from a
risk-based formula, stop trading
immediately! If you are placing
$5000 or $5000 on the next trade –
because you ‘feel’ that it is likely to
‘go-well’, then your trade sizing is
coming from stomach and not your
head – this is your signal to STOP

TRADING, AND LEARN HOW TO
TRADE SIZE.

How to Trade Size
Trading is a numbers game. Every
single trade you place must be
considered as “a trade in a sea of
many trades”. Some trades will work
out, others will not – that’s life.

Your job is to make sure that the
ones that do not work out don’t hit
your account like a freight train –
meaning they must be risk managed.
You must set the game up to win.
Losing trades should nibble at your
capital, not shatter it after a string
of losers. It is not in your winning
trades that fortunes are made; it is in
the protection of your capital against
heavy draw downs where winning
traders are made.
One of the biggest causes of failure
amongst traders therefore is the
inability to manage risk and control
losses.

Remember this: Huge
Money is Only Made When a
Little Money is Risked

The Right Way and
Commonly Used Wrong Way
to Determine the Size of
Your Trade
Here’s my first tip:
Handling Losses – if your trade
drops below a pre-defined level, you
must exit – no hesitation. Sure it will
hurt but as a successful trader you
know that this is part of trading –
consider it learning capital and get
used to it!
Being a successful investor or trader
isn’t simply about winning more
trades than you lose. It’s about
controlling your losses so that the
profits from your wins will outweigh
the losing trades.

Consider the following methods of figuring out how
much to place on a trade:

The WRONG Way - RISKY

The RIGHT Way - SMART

1. Pick a stock

1. Use your system to identify a stock

2. D
 ecide how much to place on the trade based on
how you “feel” about it

2. Use Reward: Risk ratio to decide whether or not to
invest.

3. Execute trade

3. Calculate available funds for the trade

4. Afterthought: Add a stop loss to protect downside

4. Calculate trade size using available funds and
potential risk

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How to Manage the RISK – PRECISELY!

The magic ratio you should always use to judge a Trade
Once you have identified a trade, the next step is to calculate the Reward: Risk ratio using your stop loss and a
realistic target price.
Your Reward: Risk ratio should be 2:1. In Forex trading, we even take 1:1 reward risk trades in some instances, but
this is only when trading the higher probability strategies which offer 90+% probability of success.

Looking at this trade – we may well decide to enter the trade if it breaks through the roof of the consolidation that
has formed between 350 to 345 (consolidation is where the price is in a tight range between the two price points).
Clearly our stop loss (the point where we exit the trade if it goes against us) must be placed just below the support
line at 345 (say 342 to be safe). The Long (buy) entry of the trade, would be placed just as the trade breaks through
the 350 price, (around 352 to be sure).

Reward

(Target Price - Entry Price)

Risk

(Target Price - Entry Price)

:1

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How to Manage the RISK – PRECISELY!

If the target profit price is at least three times the risk then the trade makes sense. If not, look elsewhere. You may
well be right, and the share may well go up, but trading like this is too risky and will most likely lead to failure.

Reward = Potential Gain = (Target Price – Entry Price)
Risk = Potential Loss = (Entry price – Stop Loss)

The Common, but serious mistake that many full time traders Make and How to Avoid It!
OK, so we’ve decided that the Reward outweighs the
Risk, great news. Now the next important question:
How much money should I place on the trade?
Sadly, most novice and full-time traders alike make a
grave mistake at this important fork in the road. Most
traders simply pluck a number out of thin air – or worse
still lazily choose the same amount on every trade they
place – big mistake – huge!
This is a classic MESS-UP. Ask your novice,
intermediate or semi-pro, not what instruments they are
buying or selling but in what quantities - the answer you
will get in most cases? A blank stare…
In fact I once coached a guy, (we’ll call him Punter Pete)
who would always spread bet $40 a point on any trade
he traded.

coached him, he had never once had a profitable year
– and this was his third year! After I taught him to tradesize correctly – he made 115% that very next year!
So you get the gravity of importance. Let’s cut to it…
The position you take (your stake or number of shares
you buy) on any one trade should be determined by your
account size, the perceived risk and the proportion of
your account you are willing to risk.
Let’s assume you have a trading account of $10,000.
You should only ever risk a small percentage of your
account on any one trade – I recommend that you
never risk more than 2%, and realistically 1% is a
much better risk level. This is the key to success. Most
failures are because people get greedy and wipe out

early on.

Whilst the trades he picked weren’t bad calls, because
he always traded the same amount on every trade,
the ultimate risk on each trade varied wildly. Before I

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How to Manage the RISK – PRECISELY!

Consider ten hypothetical trades following this system:
7 losing trades @ $300
($7.50 x 40 point loss)

= $2100 LOSS

3 winning trades @ $900
($7.50 x 120 point gain)

= $2700 PROFIT

NET

= $600 PROFIT

So, using this strategy, you can still make profits since your winning trades outweigh the losses from a larger number

of losing trades.
Here’s the Magic Formula:

Position Size = Account Risk/Trade Risk
Position Size =
(1% x account value)/(entry price-stop less)
The Account Risk is determined by the total value of your trading account (in this case $10,000) multiplied by 1%, so
effectively we are saying we cannot lose more than $100 on any trade (i.e. 1% of $10K is $100).
Now we look at the Risk on the trade – effectively this is the difference between where you entered the trade (entry
price) and where you exit if it all goes wrong! (Stop loss).
Now, the key question, once trade risk is handled is how to select winning trades. Or more importantly, how to build
a list of trades that are most likely to go in your favour. Notice, I don’t even consider looking for trades until I have the
risk management piece handled – that’s how important it is.
For this there are three systems:
1) Ultimate Forex Pivots™ (an intraday trading system with 90%+ success rate)
2) Forex Income Generator™ (an incredible end-of-day trading system)
3) Ultimate Forex Sniper (a consistent money making intraday setup you can use 24/5)

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11 CRITICAL Steps for
Timing Entry and Exit Points
Only enter trades following small, undersized bars,
these offer you low risk entry points and also offer
a good protection shield for your stop loss which
should be placed just below (or above) an area of

consolidation of undersized bars.
The ‘Trigger Point’ (TP) is attained
on the alignment of:
1. Support/Resistance analysis
2.  Pattern Recognition
3.  Evaluation of Risk : Reward
4. Time Frame Agreement and
Indication
Squeezing the Trigger
5. Know Trade Size, Stop Loss and
Trade Length (no. of days) First
6. After entry – note your fill price
and recalculate risk if necessary

come when you sell into a crowd
just as upward price action
approaches resistance
10. Only sit through a re-tracement
IF your trade plan and time is
targeting several price waves
11. Expect retracement – If your
trade plan targets a larger move
and a consolidation range forms
after an initial move up, place
a stop just below the range in
case it moves the wrong way.
The moment the consolidation is
broken to the upside, move your
stop.

7. Measure volume and price
immediately following your entry
– is it moving as quickly before
entry as after?
8.  E
 XIT IMMEDIATELY should price
hit a level that proves the trade
wrong Trade Exit
9. Best exits from longs (buys)

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Psychology and
Price Action - EXPOSED!

The rules we learn from our daily lives are just so very different from those in the trading world – and it’s the reason
why we are practically hardwired for failure from the start.
For example, throughout life most of us associate the following “Exciting = Good” (think Casino hall versus
Examination hall).
Apply this to the trading world and it spells disaster. People mistake potential trades that are exciting-looking and
moving for profitable ones. Put simply, if a trade is already moving it’s too late. It has already ‘moved’ and therefore it
is time for you to move on!

Yes! Yes!
Yes!

Profit = $1000!

20pts in only 2 hours

Enter Trade!
($50/pt)
Exciting &
social proof

Exciting

Profit = $50!

Loss = $1200

Painful Exit
Loss = $2400

Boring

Amateurs wait for trades to ‘prove’ their worth by moving excitingly (the same way people are seduced into casinos)
our intrepid trader jumps in – only to see the position reverse and almost immediately run into a loss.

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