Well, I survived it!  I really enjoyed it too.  I only plan on trading four days a week, so I am not going to be trading on Fridays; therefore, I will be reporting on this week today. Read More→

Well hello all.  I took a nice long weekend with the grandkids and had a great time! Read More→

Long lesson today, but it was worth putting the time in.  Lesson 30 consisted of another 4 live trading sessions in which Sid talks me through his methodology for making trading decisions.  While much of it is just watching and waiting, Sid takes advantage of the time to really get into the psychology of trading.

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Today’s lesson consists of 5 videos.  The first video shows me how to set up my monitor for ppa and channel trading, using correlation for confirmation.  By using correlation to confirm the criteria I’m looking for in ppa or channel trade, I can dramatically reduce my margin for error in picking trades.  What this does is gives me a sense of empathy for what is happening in the currencies and allows me to make an informed decision.  Quite importantly too, I always need to remember that regardless, if all the criteria I’m looking for is in place, but there is no momentum (movement) in the currencies, there is no trade. Read More→

Okay…well…it’s Tuesday and things are still a bit hectic for me; however, I was able to finish up yesterdays lesson along with today’s…yippee!

Lesson 26 is all about setting up my chart for correlation trading.  Before Sid got to the video part of the program, he took time to give me another key for my future success.  He said 20% of the training is actually how to get pips, while the remaining 80% is about me…my psychological state if you will.  What is my mindset, and how am I going to approach my trading.  And, absolutely without doubt, DISCIPLINE starts here and now. Read More→

Well, it’s been a very busy and hectic day for me, so I’ve only completed half of today’s lesson.

Rather than just give you half the story, I’ll give it all to you tomorrow with tomorrow’s lessons.  A quick feel…we will be focusing on correlation trading.  As this will be the strategy most of us will use, this will take up most of the rest of the lessons.  We will begin tomorrow with setting up our platforms for correlation trading.  I watched the first of two videos and will complete the second one in the morning.

So, looking forward…see you Tuesday !

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I thought I was done for the week, but I forgot that there is a weekend audio to listen to.  These are nice because they give Sid a chance to highlight and expand on topics that he thinks significant. Read More→

Well, it has been an exciting week learning about potential profit areas and channel trading.  Today in lesson 25, Sid introduced me to the trading strategy that he will focus on for the remainder of the course.  This method is called correlation trading.  By using this method, the margin of error is greatly reduced as it gives me confirmation that helps me make better trading decisions to minimize risk.  I was reminded that there are no certainties, but using this method of trading is one of the safest. Read More→

Jumping right in…lesson 23 consists of a small amount of text and 2 videos continuing on the topic of barriers and trend lines.  These are amazing little tools that will help me spot potential profit areas.  They highlight areas of opportunity within the barriers and channels that I may set up.  Sid also spent some time expanding on the topic of channel trading. Read More→