0Comments

What Its Like to Be A Strategic Access Group Member

An amazing week for our Fx algo pivot system. Members cashed in on their long eur/usd from 1.1296 at 1.1447 and are now short. Here's what a typical happy member (from France) had to say: "When you are winning in the jacuzzi « sans soucis » With confiance in Steve for the targets . thanks to Jeff and Steve !" How My Pivots Work: My algorithm (developed during my years as a member of the CBOT) finds exact prices where there is an 85% chance of a meaningful move.....30-75 pips on day trades; 150-600 pips on swing and long term trades. Importantly, since they are exact price points, you can take 3-4 pips risk on a day trade and 10-15 pips risk on a swing or longer term trade (and since the risk is low, you can try the trade multiple times). And again, we play both sides which prevents us getting trapped.
by Jeff Wecker
0Comments

I was born to be a trader

It was October 1987. I was a struggling, young trader in the 30 year bond pit at the Chicago Board of Trade. Yet it was on the Thursday before Black Monday that I smelled a rat. Japan was threatening to dump our bonds, yet certain people were buying our thirty year bonds hand over fist. I bought a bunch of puts on the S & P. Black Monday arrived, the DOW dropped 500 points and I cashed in the puts for $250,000. A trader was born.
by Jeff Wecker
0Comments

The True Story of the Transition From Retail Trader to Fx PRO – Chapter !!

We decided a few weeks ago to follow the education and growth of one of my Fx students from day 1. He's only recently begun and we'll follow his progress right here over the next few months. Later we'll reveal who he is and he'll tell you about his journey. Robert we'll call him for now, is learning how to become a trader, not a tea leaf reader. He's learning the real guts of the business, the things I learned in the pits of the Chicago Board of Trade. Last week we showed you his first trades on Oct 4-5 where he made $700+*; making himself and his wife quite happy. This week we have focused on trading off of retail stops. Using this strategy, Robert today made about $640*, and is gaining confidence daily. *All of Robert’s trades (see below) are 100% verified by Ticker Tocker, the internationally acclaimed trading platform.
by Jeff Wecker
0Comments

The Fx Funding Industry will Never be the Same!

The Fx Funding Industry will never be the same! Global Fx Trading Group, a world leader in Fx services, has introduced customized funding programs with no evaluation period. Yes, you can now be fully funded and ready to trade on day 1. Why? As both business people and Fx traders, we realize that one size does not fit all. Every Fx trader is different and consequently should have a personalized funding program. Look at the math. If you average 10% per month in profits and can trade a larger account (let’s say $100,000) for 6 months instead of a $10,000 evaluation account, that’s $54,000 in your pocket.
by Jeff Wecker
0Comments

Trading Lesson: The Art of Reversing Your Position

The market is always right. Not you. Not your opinion. Not someone else’s opinion. So you have a choice: you can fight the market or you can go with it. And how do you know where the market is going? Price action! For example, our robot “Forex Forager” always knows at what price it is right about a trade and at what price it is wrong. It doesn’t wander in cyberspace with 30-100 pip stops. It knows the exact inflection point where a decision needs to be made. Consequently, it is able to get into a swing or even long-term trade with as little as a five pip risk.
by Jeff Wecker