ProAct Traders is a system that takes traders from beginner to advanced. Advanced methodologies and 10 proprietary trade setups are only taught to our Fast Track Traders. However, our beginning strategies are outlined below. 99% of our new traders come to us after failing using some indicator based system. We do not have anything against indicators as long as "YOU NEVER TRADE THEM"!
We have multiple trade setups for the new trader to Target Trading. REMEMBER: we only trade in a Wide Open Space!Things to remember: The market only trends 30% of the time! The rest of the time (70%) it is ranging or reversing.
A BETTER FOREX ENTRY - FOUR (4) SETUPS
#1 The Pole Trade - the first trade to learn and practice in the past
In order to be successful in the Forex you MUST "press your winners without exception"!
But how do I find the targets? Here is the simplest way when you are just starting out.
video is 12:37
A simple First Trade to targets -
Then tackle these:
Use it if the market is trending
(note: if you understand Fibs and Previous Support and Resistance - look for confluence of those values PLUS the HSI)
How to trade a reversal - the 6 Aces Trade Setup. CAUTION: trade reversals only if you are a more advanced trader.
Trading Journal - this will get you started
Trade Journal FX-Trade-Journal_2016_original_1.xlsx