Forex Trading & Training Resources

Here are some invaluable resources for you to take advantage of!

Forex Training Room

We have an RF1010 Trade Setup Training Room open in the NY SESSION  every day.  It is FREE to Demo traders during your trial period and is designed to get you on the right track.  After that you can choose to stay in the room as long as you want but the cost is $100 per month.

All our trainers are accomplished Traders and Mentors and are more than willing to help traders through Snags. The rooms are open and available to all ProAct chart subscribers and Live Room Subscribers.   All traders are encouraged to attend this free resource during your free trial!

Because their time is very valuable, they only handle traders in masse in the room during the session. You can get a "one on one" by simply asking for it on the contact page.

This is not a TRADE CALLING ROOM - here we analyze the markets, teach and use the setups and confirm possible opportunities in the Market LIVE. Please read this disclaimer.

Forex Blog

Click the blog everyday. . We analyze the market daily (sometimes multiple times) and try to find one great trading idea every NY session.

Follow Us

Download our private toolbar and you can quickly access not only our posts - but your Facebook, Gmail  and Twitter pages also.  Can't find a file or video on ProAct Traders website - now you can using the search built in to the ProACt Traders toolbar.  Works in Internet Explorer and FireFox only!

 You may get a message in the upper right hand corner that the install was blocked - simply say allow!

We are technical analyst's for the following respected Forex groups - click to access

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You can also follow us here:

Here's a great video to watch

I need to understand the tools on your charts?

Yes ...CLICK HERE

Here's a video to watch that will explain why we are the Greatest Forex Charts in the world

Forex Online Tools

Risk probability calculator with Fibs

Risk Calculator - simple for stops - REMEMBER the stop is always at least the last S/R + 5-7 pips on an odd number 3 or 7

Dynamic Risk Calculator - FREE

Here is a tool that one of our traders developed (who is a CPA). It is a ZIP file.

Simply download the "ZIP" file to your desktop. Then Extract Them to a file on your PC that you name.

If you do not know how to extract ZIP files - CLICK HERE.

Windows XP and Vista have a ZIP utility built in. Here is a free ZIP utility if you need one CLICK HERE.

One file is the clean template; the other has some info filled out on it as an example.

During the trading day, as trades are entered and closed it:

1.  Tells you how many lots are available to trade at preset risk assumptions - all you need to do is set your opening margin balance and average stop assumption

2. Dynamically adjusts the number of lots available to trade

        a.  Reduces lots when trades are opened

        b.  Increases lots when trades are closed

        c.  Adjusts margin for daily cumulative gains/losses as trades are closed

        d.  Releases margin when stop is moved to break even

3. Documents details of each trade

        a.  Risk/reward ratio

        b.  Other details - entry, target, stop, profit/loss

        c.  Excel comments can be inserted to document your thoughts as the trade progresses

Click here to download the actual ZIP files

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