For
Forex Trading
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 0
Pending: 57
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Avoid forex trading for 10-15 days leading up to the new year. Start proper trading again after the first five days of the new year (2025).
"avoid this for 10-15 days now, as soon as the new year starts, wait for five days and then start pro..."
Dec 23, 2024
Pending
The speaker outlines a method to transition from losing money in trading to consistently profiting.
"I'm going to be sharing with you the steps that I took that took me from someone who was losing near..."
Oct 21, 2022
Pending
The speaker claims the provided steps can transform trading results for viewers.
"The simple steps I'm going to be sharing with you in this video helped me to completely transform my..."
Oct 21, 2022
Pending
The speaker uses a metaphor to explain that their presented steps are a guide to achieving profitable trading.
"I want you to imagine with me that you're in a car and you're going to a destination that you've nev..."
Oct 21, 2022
Pending
The speaker asserts that following their 'map' (steps) significantly increases the likelihood of achieving profitable trading.
"if you don't have a map to a destination you've never been to before you're very likely going to get..."
Oct 21, 2022
Pending
A standard lot (100,000 units) in Forex trading results in approximately $10 profit or loss per pip movement.
"with 100 000 units as a general rule 100K a standard lot you're going to be winning and losing about..."
Oct 21, 2022
Pending
Understanding pip value calculation based on position size is deemed essential before live Forex trading.
"if you don't have an understanding of how to calculate the value of a pip based on the position size..."
Oct 21, 2022
Pending
Traders are advised to learn either technical analysis, fundamental analysis, or a combination of both.
"you need to learn technical or fundamental analysis or both"
Oct 21, 2022
Pending
Consistency in applying a trading strategy over a large sample size (e.g., 200 trades) leads to a better win rate.
"you take 200 trades throughout the year and it turns out of those 200 trades you won 150 of them out..."
Oct 21, 2022
Pending
Inconsistent trading strategies prevent consistent profitability.
"if you constantly switch how you trade and you're never consistent you'll never be consistently prof..."
Oct 21, 2022
Pending
A trading strategy should be optimized considering the trader's real-life schedule to avoid missed trading opportunities.
"you need to be sure that you're not back testing something and then when you go to trade it live all..."
Oct 21, 2022
Pending
Demo trading the developed trading plan for one to three months is recommended.
"demo Trade for between I don't know why it says oh demo trade the above for one to three months"
Oct 21, 2022
Pending
Demo trading a plan consistently for three months, observing its performance through wins and losses, builds confidence in the strategy.
"if you see your trading strategy go in and out of losing streets winning streaks and drawdowns and c..."
Oct 21, 2022
Pending
Strictly adhering to the created trading plan during demo trading enhances confidence and knowledge of the strategy.
"if you are demo trading only using the exact trading plan you've created then that's going to give y..."
Oct 21, 2022
Pending
Completing all 10 steps significantly increases the probability of becoming a profitable Forex trader.
"for all the glory go live and start making money if you go through all 10 of these steps your chance..."
Oct 21, 2022
Pending
Following a structured plan (map) makes reaching the destination of profitable trading much more likely than attempting it without guidance.
"if you don't have a map to a destination you've never been to before and you have no map you inevita..."
Oct 21, 2022
Pending
Demo trading is straightforward: create a demo account and begin trading on it.
"in terms of demo trading another thing that's self-explanatory create a demo account start trading o..."
Oct 21, 2022
Pending
The speaker uses a stop-loss placement of one Average True Range (ATR) above the entry candle.
"for stop losses i use one atr above my entry candle"
Jun 25, 2021
Pending
The target for this trade is the next identified support level on the chart.
"i want to target my next support level which is right down here"
Jun 25, 2021
Pending
In the past, the speaker's winning reversal trades had a poor reward to risk ratio.
"and when i did win i was winning with a very bad reward to risk ratio"
Feb 17, 2021
Pending
The speaker previously lost 80% of their reversal trades when trying to catch the absolute bottom.
"when i first started trying to trade reversals i would try to catch the very bottom of a market in h..."
Feb 17, 2021
Pending
The AUD/NZD trade resulted in over 100 pips profit with a 27 pip stop loss, achieving a 4:1 risk-reward ratio.
"which caused me to then place a trade which is now up over 100 pips and my stop loss on this trade w..."
Nov 11, 2020
Pending
The speaker is using the AUD/NZD as an example of a trade that took off significantly from a specific 'green zone', implying a predictable pattern.
"can anyone tell me why the aussie new zealand took off like a rocket from this green zone when i pre..."
Nov 11, 2020
Pending
A previous trade on AUD/NZD achieved a 3.3:1 risk-reward ratio.
"here's our also new zealand trade it's currently up about a 3.3 to 1 risk reward on this trade"
Nov 11, 2020
Pending
The speaker is closing a profitable AUD/NZD trade at a support zone identified by the same principles taught in the video, indicating a reversal.
"i'm actually about to take the profits off on this trade because of the same things you're learning ..."
Nov 11, 2020
Pending
The speaker previously identified a specific area on the EUR/USD as a potential short trade opportunity.
"we just saw us take profits on this trade and when we did i told you during that clip in that video ..."
Nov 11, 2020
Pending
A past trade on the EUR/USD from the previous week will be discussed.
"on the euro dollar do you see anything interesting here let's talk about what's already happened oka..."
Nov 11, 2020
Pending
A live EUR/USD long trade is being opened with a target of 1.4:1 risk-reward.
"looking at a nice long opportunity here on the euro dollar right now i'm gonna go ahead and open up ..."
Nov 11, 2020
Pending
The speaker plans to manage the EUR/USD trade by trailing the stop-loss to breakeven and adjusting the take-profit to aim for a risk-reward ratio greater than 1.4:1.
"i'm not gonna have necessarily a take profit there i'll be moving my take profit up and moving my st..."
Nov 11, 2020
Pending
The EUR/USD trade was based on the identified RSI divergence and structure; the specific entry reason will be taught in free training.
"this was the reason we took that trade and the entry reason that you'll learn in the free training b..."
Nov 11, 2020
Pending
The previously identified EUR/USD major level was highlighted last week as a potential area for short trades.
"let's take a look at what happened next we had this level spotted last week as a level we would be l..."
Nov 11, 2020
Pending
Following the identified bearish divergence and structure on EUR/USD, the market fell over 140 pips.
"the market fell from this area by over 140 pips"
Nov 11, 2020
Pending
For GBP/USD, the speaker is looking for a major structure level on the daily chart, identified by recency and strength (significant downward push).
"on the pound dollar what we'll be waiting on this is giving me a good opportunity to show you the wa..."
Nov 11, 2020
Pending
If the current green candle on GBP/USD closes higher, the broken resistance will become a new major support level.
"well that green zone is really not going to be a major level but if our green candle we have right n..."
Nov 11, 2020
Pending
The speaker is waiting for an entry signal on AUD/USD this week based on the identified bearish divergence at a major structure level, expecting a reversal and downward move.
"if i would if i get an entry from here which i will be waiting on throughout the rest of this week i..."
Nov 11, 2020
Pending
Once USD/CHF reaches the next major resistance level, the speaker will actively seek RSI divergence for accurate trading opportunities.
"at that point yes i will be looking for rsi divergence in that area to provide me with an incredible..."
Nov 11, 2020
Pending
A weekly top-down analysis of the daily chart is performed every Monday and shared with participants of the EAP program.
"i do a top-down analysis approach on a high time frame the daily chart every single week on monday a..."
Sep 9, 2020
Pending
The Aussie Yen is in an uptrend, characterized by higher highs and higher lows.
"we're making new higher highs new higher lows new higher highs this could be our higher low to push ..."
Sep 9, 2020
Pending
The speaker has been trading for approximately 10 years, starting at age 18 and now being 28.
"i started when i was 18. i just turned 28."
Sep 9, 2020
Pending
A friend of the speaker lost between $50,000 and $100,000 on Forex trading.
"one of my friends has lost between fifty and a hundred thousand dollars on Forex"
Jan 24, 2020
Pending
The speaker's acquaintance who berated him for not investing in Forex likely lost six figures.
"the person has lost I'm guess I I imagine six figures"
Jan 24, 2020
Pending
Successful forex trading careers are built by combining entry strategies with robust risk management and discipline.
"combining these entries with those and again with a great risk management plan and good discipline w..."
Jul 10, 2019
Pending
Quitting a strategy during a 44-trade drawdown in 2017 would have resulted in missing out on all subsequent gains for that year.
"if I would not have stuck through the 44 trade drawdown we had right here this was our 44 trade draw..."
Nov 18, 2017
Pending
A specific drawdown occurred from trade 88 to trade 110, lasting approximately 45 days (over a month and a half) from June 21st to August 10th, during which the account did not reach its previous equity high of 64.22%.
"we had on trade 88 right here we have the New Zealand dollar and we have an account balance or let's..."
Nov 18, 2017
Pending
Despite having three to four drawdowns lasting approximately a month and a half each this year, the EAP program achieved a total percentage gain of 126%.
"this year in the EAP even with that drawdown and we have an average drawdown of around a month and a..."
Nov 18, 2017
Pending
Forex trading drawdowns are expected to last between one and two months on average.
"The average drawdown lasts between one and two months."
Nov 18, 2017
Pending
The Fibonacci extension levels can be customized by the trader, allowing them to test different values to find what benefits their specific trading strategy most.
"you can actually take and play around with that number by double clicking on the extension tool and ..."
Aug 18, 2017
Pending
Due to suboptimal stop-loss placement, a profit of over 130 pips was missed on the Pound/Swiss trade.
"now for us our second targets probably would have been taken off somewhere around this level which m..."
Aug 18, 2017
Pending
The speaker's Pound/Swiss trade was stopped out for a 60-pip loss due to a tight stop-loss, despite the market subsequently moving over 200 pips in the favorable direction.
"unfortunately because of stop-loss placed with the topic of today's video this trade was stopped out..."
Aug 18, 2017
Pending
A forex trade on the Pound/Swiss experienced a stop-out just 3 pips shy of its intended exit, before moving 200+ pips in the predicted direction. This highlights the impact of stop-loss placement.
"we had a trade this week that ended up being stopped out by less than 3 pips before turning around a..."
Aug 18, 2017
Pending