We now have a FaceBook Page where you can keep up-to-date with Free Information, Updates and news that will help your trading. IT’S HERE
Feel free to “LIKE” the page and of course tell all your friends – let’s get more people making profits trading..

You may know – or not (where have you been!) – that FiveTicForex and HowToDayTrade are being discontinued as separate entities and being combined into a new website http://www.howtodaytradeforex.info/
This new site is aimed at REALLY giving everyone what they NEED to trade successfully.
So there’s 3 new courses for whatever level of knowledge you currently have – there’s a Live Trading Room – Daily video tutorials, One to One mentoring and lots of FREE Information. PLUS, of course, FiveTicFOREX will still be available as part of the whole package. The site IS NOT YET QUITE READY – but will be running within a few days and we’ll get back to you then.

As from Oct 8th HowToDayTradeFOREX will be offering Free access to a one hour live webinar where a different topic will be explained and discussed each week, and you can ask whatever trading related questions you want and get a Professional traders answer.
You just need to register for whichever week you want HERE (you can attend just one or every week – it’s up to you)

Trading “Blind” is the norm for most traders. They (you?) see a set-up on their chart, maybe a line has crossed another, maybe there’s a lower close, whatever; then they take the trade.
That is nowhere near good enough to be successful in the long term. You need MORE!

You should be able to predict with 55% accuracy where the price “could” move to next. You then should use shorter term charts to focus in on the entry which should be low risk and have a pre-determined stop-loss and be highlighted by your indicators, patterns, and so on. You should then manage the trade according to predefined (and extensively tested)  rules that will either get you to the price target from the longer term chart, or, get you out with as little loss as possible.
Here’s a way……

Since starting to train aspiring traders some 4 years ago with first FiveTicFOREX and later HowToDayTrade I have met some truly wonderful people. Some of these were already professional traders who, like me, wanted to be able to pass on their knowledge and experience to others and help them attain their goals in trading.
The new “Forex-Academy” will enable this to happen
We are four professional traders with a passion for getting others to trade successfully through first-class “real” education and on-going mentoring and as a result the existing FiveTicFOREX and H2dt courses will be assimilated into the new courses.
Existing clients will of course continue to receive the same support as now but will also have priviledge access to the new courses/mentoring.

I’d like to therefore offer everyone a final chance to grab a copy of either course – at a discount – before they disappear forever.

Just click on either course link to the right (In the BLOGROLL) for details and there’s a short video explanation following.

The FiveTicFOREX 2010 Update VIDEO

The 2010 update maybe somewhat overdue but finally has arrived and will take FiveTicFOREX’s results to a whole new level.

You’re going to have loads of questions, many of them I’ll try and answer in the video here but if not then do use the “Contact Matt” Link. I’ll post some of the more frequently asked questions here in a day or two.

You can see what the Daily Pivot levels are by visiting here (Look at the DAILY figures) These levels are based on the previous days price activity and are commonly used by Forex Traders as possible levels of Support and Resistance. The other levels used are basically the previous highs and lows – places where the supply was overcome by demand (and vice-versa).

I believe that the market has 3 phases. Conjested – RangeBound – and Trending. For me a trend begins when price moves outside of a previous RangeBound or Conjested area. It may move 100 pips in a nice trend, or 100 pips in just a few minutes, or it can, of course, move just a few pips and do the whole thing over. Here’s a chart to explain.

BTW I do of course also use moving averages but only AFTER a b

reak-out as described.

Here’s the OsMA indicator. Download it and put in the “experts>indicators” directory of Mt4 and then re-start Mt4 and it should appear in the list of Custom Indicators

http://www.howtodaytrade.ws/images/osmacolour.zip