Our Story

ProAct Traders™ was started in 2003, when a group of like-minded traders came together every day to improve their trading skills. We were a diverse group of traders all with very different backgrounds: an accountant, an international business consultant, a software engineer, a software technical consultant, several entrepreneurs and insurance executive. Gone were the glory days when you got up every morning, bought the GBP$ and the EUR$ and sold them several hours later, almost always with a profit. In those days we thought we were invincible. As the market began to do new things our methodology began to unravel. Like most traders we had been taught to trade moving average crossovers to grab small pips (makes you feel like you are a winner)  with a few indicators to give us confidence to push the button. As the market took on new movements, this widely taught methodology was not adaptable and our confidence began to wane. 

During the first three months, we were not really aware that a fundamental change was taking place in the market since we would still have enough good days (when it would trend) to keep up in our old methodology. But soon it became apparent. Our margin accounts were dropping and so was our confidence. Most traders retreat and isolate themselves at this point, but we dug in. We rented office space in a historic building on Poker Alley Street (hence the name of our trades) and we continuously met.  Poker Alley Street was actually the place where the cowboys would stop and take a break from driving cattle to Kansas City and play poker. But that was a hundred years ago and we weren't interested in gambling we were interested in trading!

We joined every forum, we bought every book, and we took course after course from very reputable people in the industry. What we found was that everyone had some good stuff, but no one had the whole picture…and anyone who did, wasn’t sharing it. We tried hedging, straddling, robots and all of the methods touted to bring incredible rewards. We lost our shirts.

We also learned the hard way that you had to have a different strategy and methodology to react to all market conditions. Sure a moving average crossover might work in a trending market, but it only trends 30% of the time! What do you do when it ranges or reverses - the other 70% of the time?

During this time, one trader in our group developed a method that we could consistently trade for 8-12 pips. We honed this method; all of us dividing up the currencies and when this trade occurred on our specific currency, we would call it out to the others and all blindly enter, based on the call. We had a lot of confidence in each other’s ability to call a trade. This trade worked  pretty well most  of the time. The downside was that the % of the time when it did not work it negated a huge amount of wins since our stops needed to be fairly large and since we were only trading for a lousy 8-12 pips. We were breaking every margin management rule in the book. That's how we learned that you could statistically have a high % of wins and still make very little money.

It also proved to us what most websites will NOT TELL YOU: that trading for a measly 5-8 pips ( the average winning trade for a retail trader) means that you must be 90% correct for the rest of your life to be successful.

That meant it was critical to learn to Target Trade and stay in for the "big boys" targets. But how do you find them? (note: we learned how and built it into our charts) Nevertheless, it sustained us through this period.

We wanted to develop this trade to a higher statistical % of wins, so we tried every indicator and combination of indicators there were. We needed to try and get this trade setup to give us a greater pip capture than we were taking so that the losses would not eat up the bulk of the profits.

The good news was that with group effort, we could statistically make enough trades in a short amount of time so that we could quickly decide whether this indicator (or indicator setting) would give us the information we needed. We set our office up with multiple laptops - all with different settings. We also developed two proprietary indicators that used in conjunction with each other increased the statistical probability dramatically.

We bit the bullet and paid some big bucks to "get inside the BIG BOYS heads". We had figured out some pretty cool stuff on our own, but armed with this new knowledge we set about to visually see what the " Big Boys" are really doing. We were given some very enlightening information about finding the "big boys" targets and we were able to program that into our charts.

After several months and some dedicated tweaking, we were able to find a combination of indicators with very proprietary settings that would enable those with smaller margins and less ability to sustain draw downs to see the market and its movements. When these templates that we developed were used with ESTABLISHED TECHNICAL ANALYSIS we could now stay out of a larger percent of trades that didn’t work and we could increase our pip capture with those that did. As a result, our margin accounts began to recover.
As we honed this trade, other setups began to be evident that were confirmable, were programmable and produced statistically high success rates. These trade setups became known internally as Wild Cards, 6 Aces and Royal Flush's in honor of our historical cowboy poker setting. These trade setups allowed us to trade in Trending, Ranging and Reversing markets and most importantly KNOW WHAT SETUP to use. Ironically, the trade that we initially used to get us to this point was abandoned since the new setups were higher probability and had greater targets.  

We were learning to TARGET TRADE alongside the Big Boys!  This proccess also taught us that learning to have ROCK SOLID technical analysis would not only give us confidence in a trade setup it also taught us when NOT to take a trade setup.  A Trade Setup and a Trade are simply not always the same thing.  We abandoned the indicator as a methodology but kept the Harmony and Momentum that is built into our charts and realised that while indicators have a place (gives a new trader the confidence to "push the button"), it was NEVER a reason to take a trade.  Taking a trade was all about reward for the risk once you have figured out what the "Big Boys" are doing today and why!  We were no longer "indicator junkies",  we were FOREX Target Traders!

After thousands of hours and countless sleepless nights trading the London Market and a huge amount of money in development, we now had a workable system.  As our margins increased more of our trader friends wanted to know how we were able to be so successful in the market. We wanted to help them, but to take our system out on the web would require some serious programming. We hired a software engineer in the charting business to work with Jerry (our chief architect) and began developing the charts to show these proprietary setups and targets.

Once we had our first beta copy, we invited 15 of our trading buddies from around the world to beta test this with us. After three months, it was time to start recovering our investment. We announced that we would need to charge for our data feed and templates etc.. Not one of our traders balked and gladly wrote checks. So we created these charts for us, but our evolution led us to first become a Forex Trading Club with traders all over the world. As the word got out, we started getting more and more traders and the Club either had to end or we had to make it a full fledged business. It was just too much work for free. We made the commitment to help traders around the world and ProAct Traders was born.

As we continued, we programmed very accurate tools to depict realistic targets. This was invaluable since we could now see the "Big Boys" targets and stay in for the them. These tools are now known as T30's, the HSI Tool and the PAT Projector. They are indispensable in breaking the #1 habit new traders have - "Cutting their winners short and letting their losers run."

Our Forex Trading Software is  designed to show harmony and momentum. When those two things are evident in the market, you have an environment conducive to higher probability movements. Our Forex Trading Software is designed to show you when this higher probability environment exists.

We use established technical analysis techniques so our trading methodology is not some "secret" that only we have. That "secret stuff" you see on other websites is just marketing hype (translation: rubbish). Think about it - If they are the only people who know it -then they are the only people trading it. With hundreds of thousands of traders trading worldwide, whatever secret methodology they (may) have is not what prints candles on a chart. It is the "big boys" (the 10 tier 1 bankers), the 500-800 banks and hege funds plus hundreds of thousands of traders using established technical analysis who have the combined trading power to print candles.

Our Forex Trading Software does not tell you WHEN to trade - You must interpret that based on technical analysis, what is the "Big Boys" agenda, the harmony of our indicators, the momentum in the market and the distance to the targets. We do however, make every effort to teach you to learn HOW to trade.  We do this live in the London and  NY session every day for demo traders as well as our subscribers who have opted in for this service.  Why not take a FREE 7 day guest pass or a demo and see for yourself without any sales pressure or hype - there is a box above right to get you started.

"Trading Forex involves substantial risk, is not for every trader and only risk capital should be used."

Log in

Need to register to access the site?
FREE Live Room Access

TAKE A TEST DRIVE! Get FREE access to our Live Rooms Free for 7 days. You'll get access to both London and New York and can see in a live environment how our traders capture tons of pips. Get a Free 36 page Forex Target Trading eBook when you sign up.

10 Day Free Software Demo

Once you are done with a 7 day test drive you might want to take a free 10 day charting software demo.  Wow, that will give you 17 days in a live room with no cost.  You'll still have access to both the London and New York session live rooms with an experienced trader and will now access to tons of free training tutorials as well as our 6 beginning Target Traders videos.  Take the plunge and start your Forex Target trading journey now!

Live Customer Chat NOT for Tech Support

Got a Quick Question?

If the icon below says "Chat" we are probably online (we're human, sometimes we forget to log off) - if not click the "Email" icon to send us a message.

NOTE:  We do not monitor the chat box for Tech Support.  Click here to get Tech Support and follow the prompts!

Example of Tech Support issues:

"Charts are locked you cannot work with them"

NOTE: "Locked" charts  is GOOD!

My password won't work,  Can't get my demo to work,  Can't access the website.

All of these are PC problems and require a tech to log onto your PC!

Better Business Bureau Accreditation for ProAct Traders