The Live Trading Room is actually a LIVE TRAINING ROOM and part of our value add for our Live Room subscribers and demo traders. Here we look for the places our Forex Trading Software indentifies a trade setup and learn how to identify a setup to a target that is great vs. a trade setup that does not have the potential reward. We are Forex Target Traders so we identify the targets first and then wait for our setup to come to us. We do NOT CLICK OUT FOR 5-8 PIPS!
The RF1010 is a great trade setup for newbies and intermediate traders since it gives you a great opportunity to "earn while you learn". These traders use it to learn how the market moves and apply technical analysis techniques to the decision making process of taking a high statistically probable trade setup with proper Risk and Reward ratios. Advanced traders use it to make better entries as they position themselves for scaling in and out of trades to a known target. We target 25 pips in the initial thrust and try and stay in for 55+ pips or to the target. Do not misconstrue this to be a live trading room where traders are calling trades. We are training how to use our proprietary software and how to identify higher probability trade setups or opportunities in a live environment so that you you can do it in any market session by yourself.
We are here to "teach you to fish - not give you a fish"!
Note: There are 2 short live recodings of RF1010 trades near the bottom of this page you can watch.
How well did the big boys do last year? Click here
How well are we doing?Use the Links below to access the recent running total of pips captured in the room. We post it warts and all.
We add up what trade setups were alerted in the room after we have identified them as a valid setup and did they go to the target (We do not count extra movement which happens a lot of times since we did not target it or if we clicked out due to it faltering that is the capture (i.e. we clicked out the GBPUSD for 8 pips since it would not go – it has since gone 32 pips but we only count it as only 8 since we clicked it out). Anything that we identify in the room is recorded since these live sessions are recorded. If we identify an entry order (EO) in the room for a move after - we also count that since we identified it during our training session. We post if we win or lose or break even.
PLEASE NOTE- We may alert for multiple types of trades but no trader should take them all due to the correlation of currencies. Example: If we alert to both the EURUSD and the USDCHF a trader would only take one not both! Since we do not know what trades a trader will take in the Training room we count them BOTH ( win or lose).
The decision to take any trade setup is 100% your call - we are identifying the parameters of the setup, stops and limits and in live trades we will live teach you how to manage that trade to it's target. Most of our taught traders average way more pips then we get in the room since they are in front of their PC for the whole trade and also trade mutliple markets.
Remember this is roughly trading just one-two hours a day - and there are 22-23 more hours in a day! We are TARGET TRADERS - so many trades are entered in the NY session but do not limit out until after the session is closed.
Here is the current record for setups that we identified in the room for the last 6 months 2011 - see the actual below the graphic (the CLICK HERE button). We do NOT count XAG trades as part of the record (and they are significant) since USA clients can no longer trade it with leverage - but we do highlight for our international traders.
Week just ended + 374 Pips
To see the PDF record of the current capture - trade by trade
Last 6 months of 2011 recapped below:

To see the PDF record of the last 6 months capture

2011 spreadsheet Click here +6341 To see the PDF record of each trade
First 7 months of the live room recap of 2010 are below (live training room opened in the middle of June)

2010 spreadsheet Click here +2,421 (7 months-room was not open prior to that)
Your First Trade Setup with ProAct Traders. This trade setup ROCKS! It may be the only trade setup you ever need. Get success faster by absorbing this tutorial. All traders SHOULD watch this video first.
Here is a PDF Quick Reference sheet that you can download and print while you are learning this setup CLICK HERE
This is a trending trade setup with only a few rules so it is easiest to master. Start with these pairs: EURUSD, USDCHF, AUDUSD, NZDUSD, EURJPY (remember that the USDCHF USUALLY moves opposite of the EURUSD - so don't trade both at the same time).
Why we trade ONLY trending RF1010 and not counter trend? Click Here
Live training in the New York session - check calendar for times.
Live training in the London session - Only subscribers can access that.
Here's a live trade setup we entered - we cut it down to 5 minutes to save time.
Here's another one with 2 trades for +100 pips - edited to only 8 minutes
Here's a live trade setup we entered - we cut it down to 6 minutes to save time.
HELP I am a beginner and I am overwhelmed
Watch this video If you do not understand it then get some help. These are the things ALL traders have to know when trading. Get in the beginners class and watch the tutorials over and over.
"Trading Forex involves substantial risk, is not for every trader and only risk capital should be used."
Why not demo our Forex Trading Software Free for 10 days: 4 major currencies with free live training during your demo time, tutorial library and all 4 setups. Get a Free Forex Target Trading eBook when you sign up.
Got a Quick Question?
If the icon below is green we are probably online (we're human, sometimes we forget to log off) - if not click the link and leave a callback message WITH YOUR EMAIL ADDRESS. NOTE: TECH SUPPORT has it's own page ( under Software tab above) - we do not monitor this for Tech support.