We all know that Day Trading can be lucrative but I had no idea that there are movements as big as 195 pips in such short time.

Well, I was wrong.

Check out this video (which is just 6 and a half minute long) and see how you could have grabbed 195 pips out of the market in a super-short time:

195 Pips Video

When you get to the page, scroll down a bit until you see the video and hit the play button. This is something well worth seeing:

195 Pips Video <==

I have 2 pieces of news for you today. Read this post all the way through:

1. Just last week I let you know about the Forex Income Engine 2.0 course

This top-notch Forex day trading course by 35 year veteran trader Bill Poulos has captured the imagination of thousands of traders worldwide.

Those lucky enough to get their hands on a copy before it was sold out in under a week recognized the potential this course presents to them and their trading future.

The good news is that now that the initial opening period has ended, Bill Poulos decided to celebrate his 35th trading anniversary in a special way by opening the doors to 35 more traders.

You can now get the Forex Income Engine 2.0 course until the 35 copies are taken. But this will only go on until the 2nd of July.

I highly recommend this course. Go get it now:  Forex Income Engine 2.0

2. You can now get the Free Options Mastery course for options traders.

I’ve written about this course before and I’m shocked that they’re just giving away a 1,000 copies as this course used to sell for $1,997!

Anyway, the doors on this giveaway open at noon EST and the first 1,000 traders get their copy and no more.

You will also get access to their members’ website and additional training material.

Opportunities like these don’t come very often and you should take them when they do.

Go to this page and get the course: Options Mastery Course

So, there you have it: 2 great courses which can make you a tremendous trader:

1. Forex Income Engine 2.0

2. Options Mastery Giveaway

Hi,

Have you already signed up for the complimentary Options Master course from http://OptionsMastery.info?

I wrote about how this $1,997 options trading course is going to be given away to 1,000 lucky traders for absolutely no cost.

You need to be on the early notification list because over 16,948 traders have already signed up and are waiting in eager anticipation. Once the doors open on this massive giveaway on June 30th, there’s going to be a rush to be among the first 1,000. If you’re not on the early bird list, you won’t stand a chance.

Sign up now at http://OptionsMastery.info

I know you may be wondering why I’m writing about this on a Forex related blog. The answer is that if something can help you make more money I want you to be informed about it. Simple as that.

Forex is a thing of passion but it’s not the only way to invest your money. Options are another way. A great way. But, as in Forex, you have to know what you’re doing in order to be able to make money with options. This free course is the best and most affordable ways to do it.

Opportunities like these don’t come very often. Make sure that you’re registered on the list so you can be among the luck 1,000.

This is going to be ‘first come first served’, so don’t say I didn’t warn you.

Get this course at http://OptionsMaster.info

Go there now.

A lot of Forex traders base their decision on one form of technical analysis or another. For those of you who don’t know what technical analysis is, it’s the practice of basing your trading decisions of the charts themselves only and not on news, analysts, and so on. Technical analysts believe that everything is already portrayed in the current market prices anyway, so outside information has no bearing on your decision.

Technical analysis also allows you to trade much faster than following the news, analysts and so on (what is known as fundamental trading) because you don’t need to read all that much, you just need to follow the charts.

Technical indicators are data which is calculated out of the price charts and provides you with additional statistical data. For instance, a 50 MVA indicator will provide you with a graph which calculates the moving average of the last 50 time frames.

When you use a charting software which you can get with any good broker, it is easy to add many indicators in.

Different technical analysis methods use different indicators. There are so many that it’s impossible to keep track of them all. Each indicator has its pros and cons. The question I want to deal with today is how many indicators you need to work with.

On the one hand, the more the merrier, right? And indeed, smart Forex marketers try to dazzle new traders with methods that take into consideration multiple indicators. It seems that the more indicators you use the more accurate your system will be.

This may or may not be true, and I don’t think that it is, but the real reason why you can’t use a lot of indicators is that the more you use, the harder it becomes to trade. With each indicator you need to make sure that the current market conditions meet the requirements of a new trade.

If you plan on using 10 indicators, you need to check 10 things before each trade. If you’re using only 4, you will save 60% of your time and effort on each and every trade.

What this means is that the fewer indicators a method utilizes the better. Of course, the method needs to be able to provide you with the high probability trade ideas, otherwise, it’s useless. However, you can and should aspire to use as few indicators as possible.

There is no magic number of indicators. It’s just another factor you need to weigh in when decidind upon a trading method.

For more forex tips, visit Free Forex Tips