Stuff you already know.
Most people lose money. Most people
trade their accounts like a drunken
monkey. You can lose your entire
investment, and you should not trade
with money that you cannot afford to
lose, which is like saying you should
not drive a car you cannot afford to
crash, or ever date a supermodel.
Stuff you already know.
FXCM is not liable for any of what
you are about to hear. If you are
unsure about trading, you should
seek the advice of a financial
professional, but please not anyone
from the Bear, Stearns subprime
mortgage division or anyone who
invested in Abacus 2007-AC1.
Stuff you already know.
Trading with leverage carries a huge
amount of risk. You already knew
that. Most people lose money. Most
people trade worse than drunken
monkeys. You have a choice. You
can be smarter, you can choose to be
more rational than the crowd about
your trading. It’s up to you.
Why are we here?
What’s a Vortex?
The Super Basic Fun Rules.
The Ultra Fun Advanced Rules.
Questions
Call to Action: Trade Something!
Take good notes today!
Presentation will be emailed
Stacks are good.
GBP/JPY
GBP/CHF
GBP/USD
USD/CAD
EUR/CAD
EUR/JPY
What about
the EUR/USD?
People thought
the Hindenburg
was safe.
1 hour chart.
The Buffer.
The Buffer Zone
Profit Target
Stacks are tasty.
The Buffer Zone
Profit Target
5-10 trades,
spaced an equal
distance apart.
The Buffer Zone
Profit Target
Sell stop
The Buffer Zone
Profit Target
A vortex is a swirling, sucking force that grips a
financial instrument and pulls it in.
A vortex is a panic-driven, crowd-driven response
to some kind of unexpected event.
A vortex is when you’re not standing in the line
outside the bank. You sold the bank short.
A vortex is when you profit from a meltdown
someplace else. You wait for the crash, and act.
A Vortex trade
is a way to profit
from short term
price exaggeration.
It is not the only way
to do it. It’s not a
holy-anything.
Philosophy.
The Building Blocks
R3
The Building Blocks
Pivot
The Building Blocks
S3
Today’s Vortex #1
R3
Today’s Vortex #1
R3
Today’s Vortex #1
R3
Close is Close Enough
R3
Close is Close Enough
R3
Today’s Vortex #2
R3
Today’s Vortex #2
R3
Today’s Vortex #3
R3
Today’s Vortex #3
R3
Today’s Vortex #3
R3
Today’s Vortex #4
S3
Today’s Vortex #5
S3
Today’s Vortex #5
Yesterday’s Vortex #1
Yesterday’s Vortex #1
Yesterday’s Vortex #1
Yesterday’s Vortex #1
Yesterday’s Vortex #2
R3
Yesterday’s Vortex #3
S3
Yesterday’s Vortex #3
S3
The Weeklong Vortex
S3
The Weeklong Vortex
The Weeklong Vortex
Failed Yesterday’s Vortex
R3
Where’s the Vortex?
S3
Where’s the Vortex?
Where’s the Vortex?
April 26, 2010
April 26, 2010
April 29, 2010 – GBP/CHF
April 29, 2010 – GBP/CHF
April 29, 2010 – GBP/CHF
May 3, 2010 – GBP/CHF
May 4, 2010 – GBP/JPY
Week of April 26 – EUR/CAD
Week of April 26 – GBP/USD
Week of April 26 – USD/CAD
Managing
the trade.
More examples.
Advanced rules.
Advanced rules.
Fridays vs. Mondays
Over managing the trade
Double-stacking
Re-stacking
Philosophy.
DO
SOMETHING.
Do something now.
Test it
Trade it live with 1 micro lot
Teach it to a friend
Write a book about it
Blog about it
Think deeply about it
Get a puppy
Waste more time not stuff
DO NOTHING.
So you take the daily
Pivot, and you wait until
price gets really far away…
I doubt it will work.