Supply and Demand - How The Institutions Are Really Trading Forex
No Indicators, Chart Patterns Or Multiple Time Frames
Let Me Teach You The Truth About Institutional Forex Trading
No Substitute For Real Life Experience
My mission is to help as many retail Forex traders as I can become professionals and to give you the level of education that you really need to become a success.
I write this to you with over 20 years of experience of trading Forex, Non Ferrous and Precious Metals, for some of for some of the world’s biggest Investment Banks and Institutional Brokers. Credit Lyonnais, Sucden Financial, Societe Generale, Standard Bank and Natixis Commodity Markets. I am here to lift the lid on how trading is really conducted at the highest level, and it's far less complicated than you might think.
Trading Forex Should Be Simple
One thing that you must understand from the outset is that you will have to change your mindset and reprogram your understanding of how the world’s financial markets work. You need to do this because what you have been taught, is WRONG!
Sure you’ve been taught what pips and ticks are, you know what charts and candle sticks are, you understand long and short, but what you don’t realise is that you have had the wool pulled over your eyes and have been sold up the garden path.
You’ve been made to think that trading is complicated, that the markets are very difficult to understand, that all markets are different, that trading stocks and currency’s is a completely different animal, well let me tell you this, its BULLSHIT!!!
Trading Forex Isn't Complicated When You Know The Rules Of The Game
Easy When You Know How
Trading Forex isn’t complicated, trading is simple, all markets are traded in the same way by the people who trade them. I’m not talking about Retail Traders here I mean the Institutions. Institutional traders look at the markets in a totally different way to Retail traders, we understand what they are, we’re not cleverer than you are, it’s just that we’ve had a different education to you. Our jobs are to make as much money for the institution we work for, and in turn we get taught how to do this and apply it in the market in real time.
We understand that the markets are traded by people, and that people are predictable creatures of habit, we are hardwired to do the same things over and over again. When you apply this to a large group of professional traders, trading in a professional way in a professional market you begin to see that the collective has the power to move markets and they will repeat the same actions again and again.
Change Your Perception
If you knew how simple trading really is then you would understand that what you’ve been taught thus far is so far from the truth that you wouldn’t believe it. Trend lines, chart patterns, indicators, multiple time frames are not how the markets function, however due to the nature of the training you have received it is your reality.
But it doesn’t have to be like this, because you can learn the truth about the Forex market and leave the retail way of trading behind you.
Free Yourself From Pointless Analysis
If like me you have many connections on LinkedIn, Face Book etc, who are from the trading world (or they claim to be), there are countless posts each day claiming this and claiming that, I can teach you the way to trade, come over here and let me show you, a chart pattern here, an indicator there. Let’s get this straight right from the outset, this is complete rubbish, it will never work and it is not how the real Forex market work, so what’s going on here?
Let’s look at chart patterns, you will see them all over the place somebody that you follow on LinkedIn/FaceBook/Twitter will post something like “Head and Shoulders pattern complete on the EUR/USD” OK so that’s all well and good, congratulations!!
But here’s the thing, did you know when this pattern began forming? Could you pin point ahead of the time when it would start? NO!
So if you can only tell me once its completed is there any point in using them as they are always after the fact, again NO as you can’t use that information to trade with because the moment has passed.
So, chart patterns = Pointless and a waste of your precious time.
Now let’s look at indicators, perhaps the biggest single waste of time you can ever come across when trading. Right where do I start here, firstly when you load up your indicators on your charts and you change time frames, what happens? All the information changes, OK so which time frame are you supposed to look at, on which time frame does your indicator show you the correct information? None!!
Why? Because all indicators are lagging, they are not even in the present, they are always behind the market because they are driven by price and price always moves first, so how on earth they are supposed to tell you what’s going to happen in the future? They can’t, they won’t and never will, so if you’re using these ridiculous things to trade with, stop wasting your time and effort, you know it doesn’t work, save yourself time and money and put them in the bin.
When my MACD says this and my RSI says that and they line up on my 15-minute and 30-minute chart I’m going to stick a trade on…REALLY!!!
Is that how you perceive the Investment banks making their own trading decisions?
You surely can’t believe that for an instant, but this is how YOU have been taught to trade.
You have a disadvantage because your innocent to how the Forex market really operates, with this innocence you have to rely upon the person training you to be honest and tell the truth, and you take what they tell you at face value, the problem here is that they are NOT telling you the truth about how the markets function and therefore your understanding of the markets is sorely lacking, it’s not your fault but it is certainly not going to help you moving forward.
Commercial Users and Speculators Of The Forex Market
The reason the Forex markets move up and down each day is that certain types of market users must trade in the market because it’s just part of their daily business. For example, an importer of marble from Italy must enter a Forex trade because he has an invoice in Euros, he must sell GBP and buy EUR, he doesn’t really care what price he trades at, he just knows that he needs to undertake this swapping of currency in order to pay his invoice. Large corporations must trade in the FX markets for a variety of reasons, to pay invoices, wages, etc. they again need to make these transactions and don’t really care what price they get as long as they fulfil their obligations. This is called the Commercial side of the business and it’s what drives prices all day every day. The worlds Investment banks must facilitate their clients’ needs on a daily basis, the banks are not constantly speculating on the markets, far from it. What the commercial side of the business does is drive prices to either Cheap or Expensive levels at which point the Speculators will enter in and buy or sell in huge quantities and thus make the markets move in the opposite direction. The speculators are patient in their trading and will only enter the market when the time is right, again they are not constantly trading, that would be pointless.
What The Institutions Know
The Institutions trade from Supply and Demand levels that have been established over decades!
- Markets are bought and sold in huge amounts on the basis of price, nothing else!
- The Institutions already know what they want to do ahead of time, they already know which prices are cheap and which are expensive so they always know what they want to do before they do it.
- The Institutions wait until the prices appear and then they pounce, they do not trade every day, they may perhaps not trade every week, but they know that when the right opportunity comes along they are ready.
- The Institutions wait until the commercial side of the business moves the markets to these cheap and expensive prices, they do not pre-empt their trades, they sit on their hands until the time is right.
- The Institutions know what really drives markets and they pay attention to these factors, retail sales figures please give me a break!
The truth is that what you need to learn and understand is how to play the game to the same level as the professionals and it doesn’t take much to learn, it’s not rocket science at all.
Forex Trading Made Simple
Learn To Read The Charts Correctly
How would you feel to always know where your next trade is going to be?
How would you feel to be able to analyse a chart correctly, to do this only once and to have all your trading levels mapped out for you ahead of the time, essentially meaning you have a chart for life?
Imagine the difference in your trading to be able to look at the right-hand side of your chart, which is normally blank and have each trading level already there?
Trade alongside the Institutions and not against them, let them move the markets for you.
Enhance your odds of being a successful Forex trader by using the same methods that the institutions have been using for decades.
Places on my course are strictly limited and I have to turn down people who aren’t serious about really learning how to trade, but if you are serious and you want to change your perception of what can be achieved from trading in the Forex market then please message get in touch.