 Very very good morning, very good evening for all of you guys on the west coast and east coast Can everyone hear me and is the PDF visible to everyone? Yes. Yes. Okay. Good. Good. Good. Um, I was just listening to all of you guys type and It looks like there's a lot of you guys from all around the world We've got around 58 people 57 58 people in the room and it looks like it's counting It's going on Before we continue one of what you guys tell me a little bit about yourself How many of you guys have trouble actually trading for it because it's The way you think the way you pull the trigger the way you exit your trades as it Makes a big factor. It's not really your strategy. How many of you guys are encountering a problem like that? Okay, okay, so there's a there's a lot of you. Okay, so This is a very big Concern in the market many people think that it's it's If I'm doing something wrong, it's my strategy. Okay, I'm just gonna switch strategies And you have to be careful. It's not really the strategy. Sometimes it has to do with a lot with psychology okay now I've discussed in some of my older webinars The cycle of trading does I'm gonna see if I can make this a little bit interactive with you guys this is this webinar is good for an hour and Once we get her over this a little bit psychology topic Maybe I can share with some techniques. I share with my conference room members on how to pinpoint some Basically, I'll show you some tips and tricks that you guys would probably have never seen before but Okay, so let's get into this. Let me Get on to the next slide here. Just a moment Okay, here's the typical cycle Okay, this is how the average person starts We add don't worry about the image. It is cut off. Just I had to squeeze it in there somehow Okay, those of you who have problem with sound one one moment here. Let me see if I can You guys can try disconnecting and reconnecting or Is the sound okay now? I just turned off my VPN Sometimes the VPN does create problems Okay. Yes. Yes. Okay Okay, so most of you guys are good. Okay. All right. So now moving on Here's how the cycle works. Okay now Everyone starts forex Okay Everyone starts forex because of one or two reasons. Um, it's an exciting market You hear from a friend or you hear see a commercial and you're like, okay, you see a lot of people You know flipping money, you know turning $100 into $200 or $10,000 into $50,000 and a matter of a short period of time Okay, that's how everyone gets introduced to forex Okay, once that happens That the next level is pretty much You do get in Into forex you do do quite well And initially everyone does quite well initially Okay, they have the thrill they have the success one of the main things they do in the beginning Which is why they have success is they have absolutely no background on forex Okay, you look at the market like a kid You look at the charts and you're like, oh it looks like it's going down. So i'm gonna sell or oh it looks like it's going up So i'm gonna buy Okay, this is how the average person starts and that is always good and you guys get success now Once that happens The next step is poor money management Okay, because every time you take a trade you make profit you go on you make more profit. So what happens is The person gets greedy Okay, and with greed you get poor money management. Okay, there's two things that affect you Is you guys all probably know this some of you who do not know this there's two things that affect you in the market It is fear and greed These are the two main enemies of yours when trading and When you make a profit you think that you are doing well you increase your lot size or when you make a loss You also double up thinking that I can recover my money now Um and stuff like that. So poor money management ends up in losses okay Once you're at your losses That's when you start turning on the um, you know, you go out to the bookstore you buy books you attend all You know every possible uh seminar you you come you visit every mentor You know you do everything you can to educate yourself Okay Once you educate yourself You get further losses Okay, and then Uh the panic starts Okay, the reason why there's further losses now that you have tons of information in your head You don't know where to begin Everyone on the internet or your books or your seminars or everything says something else There is no solid ground you can stick to because the market's ever changing Everyone has their own opinion on how to make money in this market. So what do you do? At the end of it all you try everything To a point where then you stop looking for an answer and then you just play with it on your own You end up back to the basics You come back to price action Okay, and but this time you have the proper mindset You know you're you're you're no longer looking to increase your lot size You've already been burned by that You know you're no longer looking to get revenge. You've learned to relax a little bit And then after this happens You get steady and stable performance basically Okay, you you're you're not expecting a million dollars overnight You're happy with a nice, you know 10 20 percent gain You're not you're no longer looking to double your money every time or you're not looking for An X amount now. Let me ask you guys this all of you guys in forex now um What are you guys looking for in the forex market like what is the amount of money you guys are looking to make on a monthly basis Okay, ta-da says 25 percent a month II says 10 percent Um view stone says 400 percent 20 20 Thousand dollars nelson says 3000 Consistent money no set amount 10 percent a month thousand dollars one in okay, so we we all have um We all have something that we're expecting Okay Okay, like domic says consistent gains Okay, that is the one word I want to tell you guys that you guys need to lose the word consistent Okay Here's what happens. All right Forex is a uh It's an investment. It's it's really an investment. It's not a job You can't expect a paycheck coming in all the time Okay As an investment there are good investments. There are bad investments if you look for consistency You will end up over trading and making further losses Okay, a lot of people I've heard many people say I want to make a hundred dollars a day And which means you continue trading until you you get your hundred dollars But do you really stop once you reach a hundred dollars? Maybe what happens if the next day you don't make a hundred dollars and you make a loss? What do you do then? You try harder And when you try harder that means you probably increased your lot size or something and you end up losing that as well So it's this cycle of Expectations Okay, um with not proper education in the back of your hands and going in with expectations It's it's a little bit tough Okay One second here. Yes, it's recorded. Okay So let's uh move on to the next slide here Okay There's a common problems as we were discussing some of this. Um The average person looks for revenge from the market. Okay the moment uh You make a loss or something and uh, usually the loss is a pretty decent size That's when You look to get your money back Okay Second thing you're looking for profit on a daily basis or maybe even on a monthly basis Okay That's a problem. That's not good. That's a problem Okay, don't worry right now. We're just going to discuss all the problems first And many of you guys can relate to some of this some of you guys might not But then we'll go through steps by steps on how to control all of this You cannot overnight become an experienced trader of 30 years of experience and be like, okay Just um, I'm a professional now. No, you need to learn how to control your mind to act like them Okay, and uh, we'll teach you some stuff like that now The objective Is a dollar amount Okay, that's a problem Okay, I've seen many of you guys in here saying a percentage many of you guys saying An amount like a thousand dollar two thousand three thousand dollars. That's an amount you're looking for Also, the objective as a dollar amount that it is an incorrect way to look at the market I will discuss that more in details in a bit Over leveraging after a bad trade that is the biggest danger Okay, how many of you guys have done that? I've done that many times in the past. How many of you guys are guilty of doing that? Okay, good good good Okay Now Another thing when you open up an account those of you who have not opened an account yet Um, I want to save you the trouble when you open your account Do not go over 50 to 1 leverage Okay, does everyone understand leverage here? What is leverage? I've discussed this in my conference room today about leverage and uh, it's a very important thing What what is leverage? Let me ask you guys. What is leverage? What what's the thing? What have you heard about leverage in terms of uh, okay? Penguin says it lets you control uh more money More than your real money. Okay. Good. Good Okay, and what have we Heard about leverage on the internet or what you've read? What have you read about leverage? What is leverage like? We've got the definition down, but Okay, rick that is what I was saying manish. Yes It's a double edged sword. What does a double edged sword mean? Okay Again rick says good and bad a double edged sword means it it could be in your favor Or it could be against you now Here's what the problem with leverage is Who is leverage in favor for? Okay Leverage is only beneficial and in favor for those who know how to use it. We're talking about hedge fund managers bankers Um institutional traders But as an individual who's investing who has power of leverage They cannot control it. It is only there to destroy them It is not there to help you you need to understand that Okay, because you're not able to control it imagine if I if if you are my financial advisor, um, and I come out there to you and uh Pretty much. I give you a million dollars and say control my money for me. What are my chances of my money being saved since you're my financial advisor And uh, let's say I gave you a loan for a million dollars Okay, there is a chance that my money will still be safe because you're a financial advisor now If I give that same one million dollars as a loan to a kid Who's 18 year old? He's just getting into college and I'm like, here you go That's money. He cannot handle And then suddenly he loses it all and then he feels like he's in debt He owes me and you know, it's all this pressure for no reason He doesn't know what to do. He's never he's never heard of debt You know, so leverage is bad for the average person who does not know what how how to use it Who doesn't have experience professionally? Okay, so remember that if you have to choose a leverage You can still go to your broker today and say I want my leverage to be 50 to 1 50 to 1 is pushing it still but it's it's good Okay Next thing Investing funds that is more attached to your mind than your wallet Okay Here's the thing now We'll we'll discuss this actually Remind me to talk go over this investing funds that is more attached to your mind than wallet We'll go over this in a little bit Okay, next thing over analyzing the market. Okay, how long do you guys take to analyze the market? Okay, when you guys sit down to trade Okay, Linus says one minute. Sardar says 30 to 60 minutes. Ahmed says 30 minutes one hour two seconds depends okay now My next question is once you analyze the market. What then? Do you pull the trigger? Do you Do you go with your analysis as you've done it or do you end up managing your trade as it goes? Okay, depends depends some of them are saying I wait for the right setup right setup perfect entry And managing it as it goes more like waiting Okay, so everybody's waiting for a setup looking for a good entry Okay, these are all all the things you guys are all telling me and yes, that is true Um looking for the right setup is the main concern The one we do our analysis, okay We'll discuss more in details on each of these things now next thing once a trade goes bad You start to see things in your favor Okay You see a potential you're quick to pull the trigger But you're not quick to pull the trigger to exit Because once the trade is going negative um, we're always like Hmm looks like it's going to turn around from here looks like it This is the place where it might start going in our direction looks like this is the right place The hope begins. Yes. Nelson. That's correct. Okay. So how many you guys had that? I've also Um, when I when I started out trading products, this was one of my biggest problems I let my losses run too much Okay, good. Good. We're we're all guilty of this and then and then it's a good thing It's a good thing. You should get it out of your system and Okay, uh, ronald. Yes very good point actually move my stops Okay, as a trade goes against you you do not hold your stop You eventually move yourself to give the market a little bit more room thinking that okay, maybe it's too close Okay, you doubt yourself Phil says yes become religious and start praying. Yes Yeah, every religion is found when we have losses so Okay, dave says holding a losing trade right now. Okay. Um, once we're actually done with this webinar Maybe towards the end of the webinar maybe we can extend it maybe 10 15 minutes and we can actually go over some live market stuff All right, here we go. Let's go to the next slide here train your brain Okay, now when I say train your brain, what are the what are the certain things that we need to do? Can you walk away after a trade? Okay, what does that mean? Can you walk away after a trade if I for example if if you do an analysis you enter the trade and uh You put in your stops and you and your limits. Do you actually sit there and watch the trade or can you actually walk away? Okay, linus says go to sleep ronald says watch. It's hard to walk away. Yes michel. It's difficult Watch watch walk away for some time. No me sit whole day Okay, I cannot move the mark. I like to watch Okay, so we have a mixed results on this some people sit some people You know walk away And then that follows with do you trust your analysis? Okay, what Once you do an analysis. What is it that you doubt? Do you Does your doubt kicking the moment the trade goes negative? Okay, what happens to all yet all that education that you've had? Um Which is why you've made a certain analysis. Why not trust that education? Suddenly you don't trust your analysis and then the moment the trade goes slightly against you. Um, people start to uh Fear that oh, I'm doing something wrong Okay, jogging about you says walk away if your analysis is correct Okay, okay All right next thing You need to understand why you're trading forex Okay, let me ask this question to you guys. How many of you guys are actually trading forex for additional income? And how many of guys are trading forex to replace your current income? How many of you guys are doing it for retirement? And uh, how many of you guys are trying to do it as A lifestyle because it's fun Okay. Yes. Yes. No, no lifestyle lifestyle lifestyle Okay, so what is it about this lifestyle that you guys like freedom? Okay Many people of you guys said replace uh current income. Okay, so you guys most of you guys obviously hate your jobs and uh Really want to be Self-sustained using forex. Okay. Okay Okay, we'll live in other countries. No boss. Okay, so we all we all have uh, I hope I really hope my employees are not watching this because uh But uh, yeah So now moving on forward now Um understand How you're going to reach your goals Okay, there's a little typo there, but uh understand how you're going to reach your goals now Is there an x amount that you're looking for or is it just um and a cash flow per month you're looking for You know that I need $2,000 a month or $3,000 a month or I just need $50,000 trading forex in one year's time you know Okay, austin says percentage. Okay percentage per year per month. That also makes a difference Okay, that can really How soon you expect your money can make a big impact on what you actually get $2 million in three to four years. Okay. Okay, you know, um like uh Amounts like two to three million dollars in a matter of a couple of years It's really really considered chimp change in the forex markets You can really earn substantial amounts of money in the forex markets. Just need consistency A little bit of practice Okay, dominix this covers life costs michelle cash flow Dave says 20 per cent per month Okay, okay. All right now Next one says create realistic outcomes based on what you know Okay, so we've gone through everything that you guys want right We've discussed your goals. We've discussed why you're in forex Okay, so now let's let's create some realistic outcomes based on what we know. What do we know about forex? How many people are successful that you know in forex that you meet on a on a day to day basis Okay, none five percent me You can hate it or love it none none nobody my ip my introducing broker Okay So everybody knows the statistics Everyone knows that the average person or not even the average person the majority actually loses Okay, once you know the majority actually loses why think just like the majority Try and think different Okay We'll also get into all of that stuff in a bit, but I'm just trying to make you guys think that Your view pretty much is the same as everyone's view. This is why I'm asking the question out loud So you can see how many people are just like you guys I was just like in fact, I still am like just like you guys at many of the times, you know so Here's the thing now the next thing is create your own money management Okay, how many guys have actually read money management books that says When you trade never trade more than x amount of percentage per This and that and all of that stuff. Okay, so many of you guys almost all of you guys probably You guys have read books read online articles this and that What what does that mean? What is money management? Um things that people have written. Well, what does that mean? What are they trying to tell you? That if you do this this and this you will stay safe All right capital protection to cover drawdown now Again, let's go back to the beginning on what we've discussed Who writes these books Ronald's the nerds Experts majorities Yes, patrick, you're right the people who actually write these books are Actually professional people Okay, people that know how to deal with everything in the market to begin with Okay, what they write The theories are always correct theories are always always correct, but can it be applied to real life? Not for everybody you need to understand that theories are always only good good on books because they make sense Okay, but is it practical? Okay, so create your own money management now We'll discuss how to do that as well as move on to the next slide All right, here's some things you need to do you guys can write this down in fact, you don't need to write it down I'll get you guys this pdf on this webinar towards the end um Here's the steps you want to do Step number one trade on closed candles Okay Never make a decision on a running candle Okay, I don't care how many years you've been trading trade on closed candles Okay Many of you guys have trading systems Uh trading strategies. How do you guys test this you guys look in the past? Once you guys look in the past everything is on closed candles It's a whole different ballgame when you trade it live When the candle moves you cannot tell which way the market is going Okay, you have to let the candle close Okay Um step number two trade on one hour or higher time frames Okay, I personally prefer the one hour time frame. I I love the one hour time frames Um anything below that you can get whipped out by the news Uh one hour is ideal It gives you enough trade setups to trade at least couple times a day or maybe uh, you know four to five times a week Okay Now Why do I say it's good to trade a couple times a day or four to five times a week? Okay We've all heard this from other gurus and mentors because I I myself am a student. I'm not a guru or a mentor. I mean We've all heard this there's for people telling us that trade on highest time frames for example four hour charts daily charts right When you're trading on a higher time frames You're waiting way too long On four hours or I'm sorry four hours or daily time frames. We're waiting way too long. You'll get one or two trade setups bi-weekly Something like that Now what happens if that one or two trades that you end up trading actually go into a loss? What happens to your confidence level? Okay, that messes with your confidence and your chance that you What happens then also is that if you wait an entire week and there's not a single trade The moment next week hits you wait over the weekend and monday comes along You will start to see a trade. That's not actually even there But you'll assume it's a trade and you will take it because you want to trade. That's what you're looking at the charts for Okay, it's that itch on your hand that you want to trade So if there is an itch do it trade the one hour charts look for proper setups nothing below that Okay, one hour is ideal because the one hour even helps me out and I'm telling you one hour is the best um based on my experience now three um three is a little bit controversial, but uh I have different webinars explaining why and I've proven it many many times um including uh times of non-farm payroll Avoid fundamental news completely turn off that television Okay, turn off that tv forget the news forget the newspaper on financial news What you see in the market on your charts is what's really happening Okay, here's why let me let me tell you guys this thing now Let's say let me see one of you guys in the room. Let's pick on somebody. Uh, let's say Let's say Fabio is uh Working for my company and I have a you know A billion dollar company, right? It's a very small company compared to what people are making these days I have a billion dollar company and Fabio is in charge of 500 million dollars for trading Okay, that should be enough to move the market 10 pips If Fabio trades 500 million dollars in a single shot So a news comes out saying that uh the u.s. Dollar is going to weaken Now do you think Fabio will go out there and put 500 million dollars on the weak u.s. Dollar Depends. Nope. No, don't think so. Okay. Let me let me switch the con switch switch it around a little bit Let's say now Fabio is an individual trader. He's trading for himself $100 in the account and the news comes out. Can he trade that $100 in a split second? Yes. Yes We're moving up to a thousand dollars. Can he still trade a thousand dollars in a split second? Okay, now Fabio has moved up to the next level. He now works for a bank He's he's in charge of 50 thousand dollars. Can he trade that in a split second? Here's why When you reach a larger amount Yes, like Edmund said there's accountability There are procedures you need to follow you need to get permission you need to process paperwork paperwork cannot process in split seconds Okay, that's why whenever news comes out and the market moves It's purely herd mentality So when you see the market skyrocket today It's probably from a news that was released probably two or three days ago. That's affecting the market overall right now It's not immediate news release Okay, you need to understand that concept Okay, the only people who can have access to immediate information is only the governments Or when the central banks step in Okay, and governments and central banks stepping in happens once in a blue moon Okay Now next thing number four Relate each pair to another Okay, um, how many of you guys have seen my webinars on correlation. Do you guys understand correlation? How correlation works? Okay, wow, that's really fast. Yes, it looks like you guys all love correlation That's good. That's good. Correlation is awesome. It's my secret weapon. It's the best thing that's ever happened to me Correlation is the way to go in the market And I've said this again and again in the past if you look at one pair you will lose Okay I can stand up to anybody out there in the market and whoever says I trade only this one pair and I'm doing phenomenal Okay, stand next to me and show me a year's worth of statement. They won't be able to If you trade one pair you will lose Okay Jim, how about the spike on euro summit? It was on sunday market went up 100 pips in 20 minutes Uh, I don't know. I I didn't watch anything of it I don't uh trade on sundays. I come in on mondays Okay Okay, now Because of correlation step number five is keep a bird's eye view Okay, never look at one pair by itself. If you see one pair, there's a formation to go long How long will it go long? Okay, you can only know that if you see other pairs What if the market's not actually going long on that one particular pair? How do you know that? Also Correlation you have to keep a bird's eye view. Take a look at approximately five to seven pairs to have an idea Okay, if you guys want the five to seven pairs that are the best These are the pairs euro usd town dollar Aussie dollar new zealand dollar Euro yen And then us dollar swiss franc us dollar cad The five pairs on top go in one direction the two pairs on bottom go in the opposite direction of the five pairs Okay I will You guys can remind me on that. Also. I can go over screen sharing afterwards and show you guys how all that stuff works now Going on uh phil says over Over 300 pips and under one hour on past friday. Excellent. Excellent. It looks like you're using correlation because 300 pips is not possible on a single pair So that's good. Very good Now Let's see number six analyze a trade from beginning to the end Okay, um phil a question saying how long have these pairs been correlated in the mean you can check it from uh a website called It's a broker oanda if you google it saying oanda correlation chart Or oanda currency correlation Using the first result will be directly to that page. It'll tell you how many pairs Correlate with each other and for how long have they been correlating The longer they correlate it'll um, let me write it for you It's a oanda currency Relation I might have it on my screen just a second. Let me see if I can Share my screen here for you guys. All right. Are you guys able to see my screen? It should load any moment now. Yes. Okay so Oh and uh Okay, if I google it, it's the first one If I open that Once you open it up, you just select heat map. This is the one I like And then for example if I click on euro usd Everything that's in red goes in the same direction as euro usd. Everything that is blue goes opposite Okay, now for example um Gold and silver they've been in the same direction this week This hour but has hard have they been in the same direction for the last one day or one week? No, they've been opposite. So that means it's risky to follow the correlation But when you compare euro usd with euro yen, you know, they've been in sync. They've been going together For the longest time hand in hand strongly swiss frank going exactly opposite for the longest time So this is how you use that remember red same direction blue means opposite direction You can select any pair you want and it gives you a correlation chart accordingly Okay, now let's get back to The room because I can't see your chat messages. Um, okay, so Was asking in terms of years for correlation of the seven pairs Oh, well, you can go all the way back up to one year to find out which pairs correlate Um, Marvin. Hey, which session is the best to trade? Um, I I personally trade London into going into the us and um Simon actually not until new york closed probably until uh midday of new york, which means another Two to three hours from now. That's it You know until right around slightly past lunchtime in the us That should be a good time after that things start to slow down okay, now Number six analyze a trade from beginning to end. What does that mean? When you enter a trade or before you enter a trade you first analyze it you do the complete analysis you like Complete analysis as if just imagine you're a signal service You have to do the analysis on what you're going to trade Why you're going to trade it second thing you have to tell us where you want to enter Where you would exit in a loss and where you would exit in profit If you have that Then you execute your trade then step number seven comes in you never execute because the current candle is running and you're like Oh my god, it's going up. So I'm gonna buy no It doesn't matter stop rushing. There's there's a trade 24 hours a day. Don't rush This just calm down. Just relax. Take it easy Okay, there's always a trade in the market always practically every hour. There's a trade Now step number eight don't reanalyze until next candle If you take a trade now and you have everything in place with your analysis Don't change your mind There's a reason why you've analyzed it in a certain way and it's going to go through just stick with it If not, you hit the loss that you also expected that I can take this hit. It's fine So stick with it and I cannot express that enough and yes, you can see with my exclamation marks Um, you can't see my screen. Can everyone see my pdf um on the screen? Yes Let me just uh Reload it for one. Um reload it one more time. Sorry just in case for some of you who cannot see it Okay, now any questions so far Now I'm going to leave the last 15 minutes for questions and maybe some tips and tricks that You might walk away with this webinar being like that was awesome Is there really a trade per hour awesome? Yes, there's a trade per hour I get bored because there's so many trades in the market There's always a trade now there are certain times where there's actually indecision in the market You know, it's rare, but there is time where you cannot see a trade Okay, so don't get me wrong But during peak hours like london open. I mean london session us session. Yeah, there's always a trade Okay, patrick. Do you always begin analysis with euro usd before other pairs? Um Yes, I do but that's because it's the first pair on my screen It doesn't matter. I can I can choose any pair Next thing rule of thumb those of you who guys those of you who do not have gold on your charts put gold down Gold will always give you a good leading analysis Gold is a metal that's uh That can Lead the market with it because currency actually has no value Okay, it's gold is a tangible good that's running out. So Use gold for someone for your analysis too Okay, um, it says a live example on trade analysis, please Okay, okay. Okay, we do that no problem. Um, let me just go through two more questions and we'll do a live example Yeah, Austin. What is a realistic amount of pips per day and a yearly percentage? Percentage will depend on how much it depends person to person a realistic amount of pips per day Any or between 100 and 300 Okay, as in the beginning once you start And you're between 30 to 70 is good as you get better 100 to 300 is a bare minimum Okay, and you can go definitely definitely much higher than that In correlation, how does one open and close simultaneously positions so quickly? Rupali, we have actually a script if you go to urban4x.com and you search for A blog post by That's a name of the person Roy duvet Okay, he has a blog post that discusses Yeah, he has a blog post that he has a script made for it where all the current correlation pairs You can enter all at once and exit all at once Okay, what are the difference of forex trading venues trading indices? um Well, trading with just forex is just fine Um, because I personally think forex is safer than trading stocks and indices because There there is tendency to be a lot of fluctuation because indices are a bunch of Companies inside of it and companies can go overnight bankrupt governments cannot Okay Shorter time frame charts provides better entry points in the vein. Um penguin. No not not really it's it's If you go if you go Scalping for that additional two or three pips that you can get for as a better entry. It's very dangerous. You'll end up losing more money I just remember that and don't be cheap with the market if you think you have Five pips extra left on a table that you could have taken just leave it doesn't matter Be happy with your 12 pips that you got and not the additional five Um lisa, did you did you wave the 20 fee? Yeah, yeah, yeah Those of you who are interns at urban forex, it's free now. It's uh, I've had a very hard time keeping up with the internship program I'm really sorry. I've just been very very busy, but I will As much as I can whenever I can I'm really sorry. I will try to Help all those members out who are in the internship program with more training stuff all right now Now going back to the live analysis some of you one of you somebody said they want live analysis. Let's take a look. Okay now How many of you guys are oh, sorry, let me turn on screen sharing Okay, we might go slightly over the hour just so I can get this information out to you guys So I can tell you how all the stuff works now Let's take a look here now Can everyone still hear me and uh See my screen Yes. Yes. Okay. Okay Now this is how you analyze First of all, you want to plot pivots on your screen Okay, your pivot points if you do not have pivot points go to urban4x.com search for uh pivots as shown on webinar and you'll have video tutorials on how to install it where you get it and all that stuff So I always look at three days worth of pivots. Okay, any uh any mentor telling you to trade only for Pivots that you plot on one day you can tell them to go to hell. It's actually pivots from three days It's very very powerful Okay, so now We had this pivot line right here The market opened up. This is what we call an uh trend continuation pattern to go along Okay, now these tails that you see on each candles Tells a story Okay, it tells you how much pressure there is in the market Okay The body closed north while there's so much tail on the bottom What does that mean? That means the market opened up here. It came all the way down But it couldn't close here. It pushed all the way up and closed up here Just imagine somebody standing below this candle and just pushing it massively up Okay So when you have situations like that, this is what we call a trend continuation pattern Which means since the market is long we have patterns like this the market will continue Now euro USD gave us a trend continuation pattern of the last hour What it currently is doing? I can care less. Don't worry about what it's currently doing. It's a moving candle. It doesn't mean anything So whether it's red green blue yellow, who cares? It's a moving candle. Leave it alone pound Trend continuation pattern next candle opened up going short Okay Now if I were to put my line on the third day of pivot line Okay See a pivot line there. I put my line there. This was the exact point where the market returned from yesterday Okay, even though there was no pivot points there But it's the point where it returned from now It's above that area and now it's having a hard time to close below it There's only 11 minutes to go before the candle closes that it's struggling to close below it There might be some support. Let's find out. Let's go on further US dollar CAD bouncing off of yesterday's support line Okay, what does this mean? Will the candle close down below the current pivot line which would indicate an exhaustion? Which means the market will reverse If it closes the way it is now This is a trend continuation pattern, but Well, this line that we see on this tail we see on top It means even though the market's going to continue long on the next candle It does not have much pressure left because the steam is running out. There's so much People pushing it down just imagine it that way people pushing the candle down It's trying to go up, but it's pushing it down Way too much pressure US dollar Swiss franc trend continuation pattern last candle Current candle just rising up 10 minutes to go to find out what the current candle does Aussie dollar Now What do we know on correlation so far? okay Aussie dollar New Zealand dollar Euro USD Pound dollar they all will go together all of my pairs to go together except US dollar CAD and US dollar swiss franc Aussie dollar has no indications of trend continuation patterns or anything In fact the current candle looks short Okay, if it closes the way it is now it's a short it continues short now Let's still wait Take a look at New Zealand dollar A false trend continue a false exhaustion If this body was a little bit stronger, it would have gone north, but it did not Markets continue to head short What does that mean for Euro USD? Could this could it could it drag it down? Okay, since Aussie dollar and New Zealand dollar did not correlate in the last hour Maybe Okay, so there is A level of confusion in the market now So if you were trading one pair you would have been so confused you would have taken a trade in the wrong direction But now we have an idea what to look out for so we we stay careful on Aussie dollar and New Zealand dollar These pairs are going to tell us what what the market wants to do Euro yen same thing same exact thing as euro and pound Okay, you can see the patterns how it looks now on euro and the pattern how it looks on pound exactly pretty much the same thing Okay Now finally we look at gold Okay, I called gold a mafia Okay, what he does what he says works Okay, usually unless the majority are against him, but usually the majorities are not against him now Here's how we do the analysis in our conference room at forex watchers.com now if this particular candle Closes below our pivot line We are headed short Now why do we say we're headed short because Aussie dollar and New Zealand dollar give the same story. They're correlating Okay, they're not saying anything against it. They're correlating now Next thing let's predict the future. Let's predict the future the markets currently here, right? What if it closes here? We already know that it's going to head short because the candle design is is like that. It's a pattern to go short The next candle when it opens up It first has to retrace to its nearest support resistance line, which is right here in this range You see that line there It first has to retrace to there and then it will continue short and once it continues short. Where do you exit? You check your support levels from again from the past Right here. You can see the market never closed below this So once the candle goes in from here That's where your entries would begin in here and you would exit towards this area Now seven minutes to candle close. Do we have the same formation happening on euro usd now? If euro usd closes the way it is it's short Now based on the last candle everything looked long But did the market actually go long? No because Aussie dollar didn't say the same thing So every time in the market you'll always have leading pairs and lagging pairs Leading pairs basically what they do is they make the other pairs follow it Okay, you'll see a few pairs that lead and then the other pairs Finally adjust their designs and formation of their candles to catch up to it. They're just going to get a better price That's why they're not going to get it right now Lagging pairs is that that one or two pairs that are lagging behind They adjust and catch up with the rest of the market In this scenario only two pairs are lagging Aussie dollar and New Zealand dollar But they don't show any indications to turn around and catch up with the rest to go north They're looking short, which means the rest are going to catch up to go short euro usd looks like it's going to go short Pound looks like it's going to go short CAD should be long Swiss franc Looks like long Aussie dollar continuing short Is my voice breaking out? Let me disconnect and re Okay, fix everything Okay, I've changed the bandwidth of the room It should be the quality will go down a little bit on the screen sharing, but it should be nicer now Okay, now four minutes to candle close now. I'm not going to tell you guys anything Why don't you guys tell me look at gold? What what is gold doing? You see gold dropping, right? Is my screen sharing still on? I'm sorry Yeah, it's still on Okay, it's dropping Has is euro yen dropping like that? No Possible lagging Is New Zealand dollar dropping like that? Yes, it's following Aussie dollar. Yes following Swiss franc Not yet possible lagging Canadian dollar possibly lagging pound possibly lagging now Three minutes to candle close. Okay Let's say the next candle opens up around now wherever it is It cannot head short immediately Okay, whenever there's a trend continuation pattern or a pattern like this The market does not go immediately in the direction. It has to first retrace Whereas our nearest resistance It's most likely this yellow line and we can make it even sharper Right around here How do you know these lines are the places where they're going to retrace go go go back in time Check not only do we have this third day worth of pivot line, but you go back When you go back you will see the market bounce off of this level several times You see it here see how it pin points bounces off of it almost It will act as support and resistance many many times again here here It just holds the market in It gives you an indication where that this level might be strong Okay now That is a retracement level. We're looking at gold Recreation at levels too high up might not make it that far Euro yen still looking short Euro USD still looking short So how long did it take to do the analysis technically? Okay, 10 15 minutes 10 15 minutes to do the analysis. So you take all of your pairs. You have an idea where the markets are going So it's not that hard to do an analysis You need to trust your analysis. Whatever you're doing You need to take your time. You need to relax. You don't have to think oh, there's uh two minutes remaining I gotta find something. No, you don't have to find anything if there's no trade. There's no trade You know, if you're not certain do not trade That's one of the other things when in doubt stand aside If you have 0.1 percent doubt stand aside If you do not have doubt take a trade, you know where to exit walk away, you're fine Don't change anything else Okay, trust your analysis always always always, okay Now let's take a look at how these things are forming now Okay It's starting to push north Okay, how far north will it go? CAD pushing short This rank pushing Remember candle closed. We gotta wait for candle closed to find out for sure what's going on Aussie dollar pushing north still looks short for me New Zealand dollar still looking short also Euro yen, okay having a hard time Finally gold Gold is very very strongly short. So Only thing remaining is we wait and see Aussie dollar and New Zealand dollar retrace a little bit And then it should be a good time to take trades Okay, you see it dropping right now doesn't mean anything you wait you wait you do your Part by waiting. Okay. This is your next level of support resistance area from here And all the way to here. This is also considered a support when you When you have a level that only the bodies have touched and tails have come across But not a single body has come below this That's also a support area Okay, so you can draw this little blue zone here saying that this is the zone That the market we're expecting it to retrace to Aussie dollar Looks like it would have been a pip or two maybe Okay, let's take a look at euro usd pound Take a look at CAD CAD based on correlation should head north But it must first retrace it went this far a pip away from the pivot line So the retracement move could just have ended remember birds eye view always Just frank getting ready for its long Aussie dollar Okay, there goes New Zealand Euro yen getting ready to drop Gold will soon drop And euro usd also So does everyone understand how this analysis worked and how the market Moves hour by hour. There's always a trade. There's there's there's not a single day when there's not a trade, you know, there's there's not almost not a single Within three hours or four hours. There's always one trade Let me put it that way. I shouldn't say every hour. But I don't want to Have you guys go home on steroids and be like, okay. I'm gonna sit all set awake all night and make $5,000 It doesn't work like that but Okay, which brokers show live gold charts Download fx pro fx pro is pretty good. I like fx pro. Um, if you guys are opening live accounts, please please please Use me as your ib and It that always helps us out. I can always come back and get you guys more webinars and stuff like this It helps with me paying my employees Yes, if you guys are attending this webinar, I said it. I'm paying for your salaries from here. So All right, Alvin and Evine. Do you mind share how to identify the leading pairs? Um There is no particular way to identify the leading Pairs you just see what pairs are doing opposite things as As per correlation, they're all supposed to do the same thing. But sometimes they do opposite And once some pairs do something opposite, you have to figure out Are they going to turn around and follow the rest or are the rest going to turn around and follow those few pairs That's how you know, which is leading and which is lagging Okay, Joe Gander, but he says I got your links. Thanks. Yeah, um Uh, I do not have it with me right now, but uh Just uh join urban forex.com and just ask me you'll always see me around over there Can you get zero spread? I think it's tight spread Um, yes, this is recorded you and any questions about fx pro you can just ask them their support is 24 hours a day so Let's take a look at the mp4. What do we have? Take a look euro usd dropped pound dropped CAD risen bounce off of the support area risen going long Swiss franc going long Aussie dollar short New Zealand dollar short Euro yen short And gold getting ready for the short. So could you have made money here based on this easy quick analysis that we have done? Okay, so it's not that difficult people just assume that it's forks is very very difficult and it's and it's not and it's not It's it's quite easy and then I'll do my very best to train all of you guys as much as I can Um, obviously I have to give a lot of priority to my conference from members because uh, you know, they they do They are one of the reasons why urban forex is alive. You know, it's always remember that You know because they they they pretty much pay the big bucks and They keep urban forks alive because of that Um, Naveen, where are you based? I am in Hong Kong Companies out in Hong Kong. I live like an hour away from Hong Kong. I live in Shenzhen, China so But one day I should turn on a webinar as a web conference and show you guys My home office and everything one day. It's quite nice Okay, fx pro for us clients lisa unfortunately not If you're located in the states and you want an open account somewhere You guys can you can definitely get in touch with us. We can help you do the research on which which company would be good Even if we're not an iab, that's okay. We'll help you out what to look for and You know, how do you find out if a company is safe or not stuff like that Then do you still trade very randomly very very randomly? Every now and then if I see a trade I can't resist I trade Um, what is your live creating room hours? Uh If we have a conference room actually on forex watchers.com We actually open that pretty much london session And I trade every day with the members there. I'm sorry. I do analysis every day for approximately four hours four to five hours over there And that one is really we keep it really interactive in that one I make sure everyone does the predictions where it's like what is going to happen you tell me And then we go over it wrong or right So there's a lot of interactions. So there's a faster learning curve um, est I think that's uh Creating room hours is three am est all the way to seven maybe eight am est sometimes Uh, what's the website? It's forex watchers. Oh, yeah. In fact, uh, I'm talking about the website Yeah, it's forex watchers.com. But let me get you guys the pdf. You guys need the pdf for this webinar, right Let me get that for you guys Is there a meta trader five now? Uh, yes, there is a meta trader five. Um, I just haven't used it myself Okay, do you guys see the file now the webinar august 13th pdf? Um rod saying so have you backed off trading now and live the good life? I've always lived a good life, but uh, oh, but I have to tell you I struggled so much in the beginning when I started off trading forex. I probably More I wouldn't say more than any of you guys. I don't know if you guys have struggled a lot, but I've when I first started out trading I Done extremes and everything I've done extreme scalping. I've done every ea possible and I really had a tough when I first started off then when I Started working for a bank and everything my mind settled down. I relaxed a little bit and you know, so Now it's like I looked online. I spent so much money on training and books and uh, you know, I didn't learn anything It's just people just repeat the past they just open up the past and they show you charts in the past Nobody actually can sit down with you on a live marketing like this is you know, what needs to be done And they always tell me what to do, but then nobody can actually predict and tell me This is what's going to happen if they if somebody can do that for you, you know, you know that They know the market Okay, do you have webinars on scalping? No, I do not have webinars on scalping But dimitri actually, um, we have a 10 fifth scalping strategy on urban forex.com. That might be of interest to you Um Phil more analysis webinars would be great. Um, I can do one analysis per webinar that I do on random topics But uh, I I only do the analysis in the conference room so It is 11.09 now we've gone We've gone up pretty much 10 minutes past the hour Um, I hope all of you guys had a good time And learned quite a bit and I really hope next time I see you guys you guys can tell me that Yes, the psychology did help and I did make progress that would really make me happy and I hope, uh, You know It was good learning and even the analysis and stuff like that so, um Regarding the advanced on poor pro trading strategy, we will do it time to time. I just I don't have a schedule yet Sardar Natalie good to see you. You're very welcome. You're very welcome. The rest of you guys as well And naveen is usd x index good to monitor. No, I do not watch any index at all I just I can tell what the us dollar is going to do based on my correlated pairs that I see Rod says thanks from singapore. You're welcome Have a very good night. Asim Marvin thanks naveen. You're very welcome I'm glad I can be of help Cheers dominic Yeah, lisa hope to meet you soon too. You're very welcome Uh, naveen the pivots on one hour. You can see on the one hour chart on four hours Daily, you cannot see them. Yeah, they're made for uh, every day, you know So it's really easy to see only on the one hour charts Above that becomes it becomes a mess Um, amids has hoped to see you in dubai and naveen. I'm it. Um, I've done several several, uh physical Seminars in dubai. I I will come back in dubai very soon to do another uh seminar over there. I've trust, uh, maybe Maybe what three I would say three and a half almost, uh Family royal families over there on this particular same technique. I just showed you guys analysis on And if I do come out there, I'll make out a mass message and hopefully we can catch up Kenneth, um Thank you being godsend. Thank you. Thank you. Um, if the olympics had trading competitions You'd win a gold medal. Thank you. Thank you Uh, will the video will be on the web? Yes within six hours the moment I end this webinar I have my staff ready on standby. They will put this up on youtube So it's going to be on youtube forward slash urban forex Within six hours not now Malaysia by any chance, um, maybe to visit and if i'm there and I got some time whatever you want to You know learn i'm i'm happy to, uh, you know share with anything whatever you guys need Um, why head navine would you explain fibonacci and trend line in your next webinars? um Okay, okay, sure sure. Maybe I make a webinar on uh Each topic separately Singapore shanghai shanghai maybe singapore. I I don't know. Um, it looks like uh, it's going to be a while before I hit Singapore North america. Yes, I will be coming to north america. I'm actually from dc I come to the states. Uh, often my parents live in indiana. So I go between dc and indiana Natalie europe. Yes, europe is on the list hanoi. I'm not sure where hanoi is. I'm so sorry uh, vietnam, uh, I Maybe maybe to visit definitely maybe to visit bill. Yes. Yes fishing is awesome I would love to go fishing fishing is awesome. That sounds good. So there are new york. Yes, uh, new york is also a place I always hit whenever I go to the state. So I will be in new york as well Why had russia How was nasik nasik was great. Uh, I have some family extended family members there met them. It was quite nice Uh, why had russia maybe maybe moscow have to try it out. I've Actually, we're getting a lot of requests from russia. So we'll see Uh, why did you move to hong kong navine? I moved to hong kong, uh, you know Because I registered my company out here Because it was a lot more easier to do financial analysis getting a company registered getting it going It was too much headache to do all that stuff in the states Uh, so there are any seminars or just personal in new york. Yeah, just personal visits in new york Uh, I've never done a seminar in new york Dominic. Yes, you're correct. There's always an easy way and that's why you should never stop looking For whatever it is. There's always an easy way. So We saw hong kong is a good place to make a living. Yes, it it has the most billionaires per capita in the world. So hong kong Is an environment of hustle and bustle that makes everyone get that live feeling that okay We got to do it So it's quite nice Rupali, do you come to india navine? Yes, I've done seminars in banglore. Um, I visit amdabad time to time nasik I visit because of relatives um And uh, bombay if I come to bombay, I don't know if you guys know bombay Then I also come to bombay a couple of times into The bandera side and I've done seminars over there um How can we know where you are for seminar you can go to navine prithyani.com and uh, I usually update these things over there Uh, rupali. Nope. Never been to dilly for a webinar. Unfortunately. In fact, we have a lot of clients there That actually want us to do webinars there, but never had a chance. Sorry. I will try it though in the future maybe but No need to worry about the webinars. Um, you know, I you guys can always have me I mean seminars you guys can always have me here on the webinars and Every now and then I do it Uh rich, what's the website? It's uh, navine. Let me write it down for you navine prithyani.com Okay, and if you're on our mailing list or a part of urban4x.com whenever I'm traveling I send out a personal email telling you that I'm going here. I'm going there And every now and then I meet some of our clients catch up for some beers or for dinner or something so Okay, nice suit. No, that's not a picture of me. Thank you. Thank you Supercars in hong kong. Yes, there's quite a bit but not like dubai. I will tell you that for sure okay, whenever you come to the Caribbean islands like in, uh Let me know for sure for sure What supercar do you have navine dominant? I have my two legs. They are awesome and super legs now, um I live in the center of the city here in shenzhen like i'm i'm pretty much in downtown In a really nice apartment and office area, but Wherever I go, I just take a taxi Kenneth there's cost of living cheap in hong kong No, it's like new york city price is pretty much and I don't think it's quite cheap. I find it expensive Lisa says curious why you're spending your time doing this um I get instant gratification when I help people so and when I when I started off nobody helped me and I ended up spending so much nonsense money on useless stuff and I guess it's It's okay You speak chinese navine Cantonese No, I'm practicing mandarin right now. Maybe cantonese soon Ronald navine is guaranteed profit zone really hundred percent then I'll wait. Yes. Yes. It is really hundred percent It's always there. In fact in our conference rooms. We always discuss the hundred percent methods Where you should always grab the hundred percent whatever after that we can see later Uh, then yeah, we're pretty much running nine to ten years now Tommy pips. Yeah, look over some of our older webinars. You'll see the guaranteed pip zone. You'll you'll you'll be amazed The 4x watcher subscription. How did it work? in fact, um If you're watching this, uh, do not subscribe to 4x watchers right now. We're having a promotion coming up I think in a week's time and the promotion will pretty much get you 50 discount and The prices right now are are pretty steep and why why waste money? We have a promotion coming in next week. So Once the promotion comes in and just take and lock in the special rates Okay, any other questions? It is pretty much 11 20 on my end p.m Sure souls any tips on how to battle the fear when entering the trade Yes, when you're in a trade the fear is only there because you're not trusting your analysis Here's what you do see you always have problem trusting your analysis when the number of trades you take you don't have The majority of them in profit Okay Now sure sure. So what I mean by that is it for example if you take 20 trades and 12 are in profit And you have a good You know winning to losing ratio and everything overall you're in profit, but Your confidence level will not help you out at 12 profit out of 20 But if you have maybe 15 or 18 out of 20 You you will believe in what you're doing that's why it's important to study a price action technique and practice it to a certain way that Every time you trade you should be in a profit to a point where you are confident enough That you know what's going to happen You know where to stop you know where to exit all of that stuff That's when you'll love you'll completely remove the fear factor It takes time, but it's okay fall fall a couple of times make mistakes. That's the best way to do it Okay rich We're on your website at the pivot point located just uh when you go to urban forex.com You can just on the top right. There's a search area. Just type in pivot points as seen on webinar Austin ma what is your educational background? I've studied international business. I've studied entrepreneurship I had a minor in it or Done a little bit of everything if you want to call it that way, but the bachelor's for international business okay How long to how long took to learn trading pivots donnie not very long You can learn in five minutes Just watch one of my older webinars a pro trading strategy on youtube. You know you'll learn in five ten minutes Sardar, I will appreciate your feedback and internship analysis. Yes. Don't worry. I will I actually I don't want to say don't worry because I've been saying that to you I really as as soon as I get some time I will do as much as I can um Okay, thanks. I have a good shot of whiskey before entering trades kills the fear Yeah That should be good Naveen plan a conference in hong kong so we can visit Uh, sure. Sure. Okay. Okay Marvin, um, should I begin or start with a demo count or straight to life go straight to life put in a hundred dollars trade micro lots Okay, there is a difference when you trade micro lots than mini lots than standard lots. It doesn't matter how good you're doing It affects you psychologically because it's a different number. You're not used to these numbers Those of you who are in the room listen to this now One thing I want to teach you guys is simply, uh, um A method which I call the daily method. Okay, what I mean by the daily method now all of you guys Everyone is different, right and everyone has this weird Money management thing that they've read about two percent one percent per trade No, all of that is bullshit. It's nonsense. It's made only for the professionals as an individual what you want to do is Think how much money do you spend in a day? That is your risk What are you comfortable with? For example, if you go out on a daily basis with your friends or you go out and eat and you spend 50 dollars or 75 dollars Your capacity is 75 dollars because if you your 75 dollars goes down the drain, you don't feel too bad But if you're spending 75 dollars in a day and then You lose 300 dollars in a single trade It even if that means three pips That still will affect you majorly When you start start off with how much you're used to on a daily basis does that make sense That is your money management As you get used to it And as you start making some money and as your lifestyle becomes more lavish and you get to spend everywhere Then your daily thing increases a little bit. It won't bother you Okay, all right guys. So now it's 11 23 on my my end and uh, can you get a massive net worth from forex? Okay, just think of it this way. There there's 50 people in the conference room, Austin if I ask Um, don't be afraid. How much money have all of you guys lost in the forex market? Okay, I'm going to tell you guys right now. I've lost over 35,000 In the first two years when I started Okay, 100,000 2,600 thousands Um, 300 3,000 6,000 5,015. Okay Calculate all this money put it all together Who's taking this money? Brokers are not taking it so much, but uh, yes brokers do have a big hand in all this pro traders Yes, pro traders and banks are taking this this kind of money now Like we all know the statistics, you know, 95% lose 5% win. In fact, the numbers are getting even stronger 96 97% start losing 3% start winning Imagine the amount of wealth if people are losing this much. There's only a handful of people winning Not a handful. There's still a lot of people winning out there, but Imagine the amount of wealth that's being distributed of the 95% among those 5% That's how much wealth there is to be made in the forex market and we've discussed this in one of our conference rooms before is where We we've made an x amount of pips and then I showed them that okay If we take it to the next level more advanced and we do reverse psychology and all this stuff That same analysis we can pull out 500 pips from You know 300 to 500 pips and a single analysis and we do a single analysis comes every hour So there's a lot that can be done in the market You know, there's a lot more money out there And like one of you guys said, you know a couple million dollars in three years. That is chimp change. Trust me. It's It's nothing Drug dealers are making the money Yes, um rod I I will maybe one of those webinars I will sit down and show you guys based on a live analysis And how much tips there is to be made in the particular. Um, let me see if I can share my screen Okay all right now Now this particular gold trade. Okay gold is getting ready to go short right now. Can everyone see my screen. I'm sorry. I forgot to check Yes, yes. Okay. Good. Good. Okay. Now. Let's go back to here now Now this particular uruc trade we had predicted it to go short, right? And as I've told you guys when you have tails like this You imagine somebody pushing it. Okay When you have that pressure you already know that When the next candle opens up and there's only so much if it goes short, there's only so much it can go There's so much pressure. It's running out of steam Not just one time, but there are two candles three candles. Look at look at how big the tails keep getting But we knew for a fact the market is going to go down. So we know that it's going to go down but not too far Okay, not too far and it went down only a little bit till this area How much money was there to be made here approximately? It says 12 when you do correlation everything. Let's say you get 50 pips, you know Let's give it the lowest end number 50 pips Now what as an advanced trader, you know where to enter for a long again Okay, I do not recommend doing that. Please do not kill me for this, but in fact my conference room members will kill me for this There's a point where you can go long again because why did this market bounce from here? This is the same area Where we have take a look when you when you limit it down to the bodies And not a single body went above this level. This level is strong Okay, this level has not been broken. So it went short now the same level if you measure it on the other pairs It'll do the same thing take a look tail here not as big as pound. So this went a little bit further But look it's having a struggling time to go down It wants to get ready to head north Will it head north Probably just for a little bit because gold is temporarily heading north And then we know gold is going to turn back around because it's just coming here for retracement It might bounce back down once you have that confirmation. You have another trade You know, do you see how how this how you can predict the markets and there's trade by trade by trade You can start suddenly you go from analyzing the market for current market situations To what's going to happen in the next hour to what can happen in the next two hours You start predicting the market Okay, and as you get better with support and resistance and a bird's eye view Things unfold so quickly you'll get tired. There's so many options. There's so much trades you can take Does it make sense? I mean, is it confusing or I mean, I can't show you a trade right now This will it will take an hour for me to do that. But uh I will I have shown you guys many many trades in fact in some of my older webinars where I've called trades out live and you know Ronald so you can so one can live from ports for sure. Yes. Yes. Yes one definitely can live from ports um Jean uh genie. Yes. Yes. Um, it looks hard But it's not it's not and the last analysis like I said, um, if if like The way I believe it in um, you see there's a lot of good analysts out there. Don't don't get me wrong I'm I'm always bashing all these analysts. I'm just mean like that But there's a lot of really good analysts out there only the only problem is When I was training under all these good analysts, he was such hard terminology and the way they explain stuff I feel like I need a phd just to understand them You know So my whole point was I took everything I learned from all these people and I just simple it down And make sure that everyone understands the language I speak Because I try to speak the language everyone else speaks This is why it makes a little bit more sense when I do it, but And that's the main point right as long as you understand it But every analysis is actually good. All of them are really really good A lot of them on fxtreak.com. They're a really good analyst out there. I've seen called some of their works but they uh It's a little bit of jargon and messed up charts, but they're actually good. They come to the same conclusion, which is good Nelson, do you write books? No, I have not published a book yet. I am do I am writing one, but uh not it published I've been so busy with urban forex and Forex watchers Marvin does that mean that your strategy allows us to trade at any given time or candle? Yes, it does Marvin second thing Not my strategy. Okay. The pro trading strategy is a name. I've given it I've just handpicked the best things I like I put it together and I called it the pro trading strategy Okay, it's not a copy right not anything Those of you who are doing really well with that go out open a single service open a managed funds account That's fine. You you guys all have my consent information It's no problem for me Okay, um, Ahmed it's sometimes difficult to turn good analysis into real money. Yes. Yes, that's right also It is it is difficult. There is a different level of pressure when it comes to analysis and when it comes to trading So you have to be careful. You have to learn to learn both of those Natalie. Yes conference. Yes Natalie is a member of our conference room and uh Even though she cannot be there most of the time. She always emails us tells us I need a conference room link So I can see the recording which is good. She's on top of it, you know That's good. It's good. She's she's grown quite a bit in the past several months Austin can use Bollinger bands and forex. Uh, yes, you can but all the indicators do is they follow price You know what what are you going to do with the following price indicators? Um rod, where can I find info on pro trading strategy? Just type pro trading strategy urban forex on youtube. You'll find it There is the original video there is recaps and recaps each of them are like two hours or one hour long There's like five hours worth of information Uh, what do you discuss in the conference room? Nothing from the past everything live Whatever is going on is what we discuss We we I mean we basically try to predict What's going to happen? All right guys, it is now 11 33 p.m. On my end. I need to go grab some dinner I'm really really hungry and then I am going to get some rest um What's the fee monthly? Um, they are increasing the prices But like I said, don't worry about anything. Um, next week, they will have special promotions where it's going to be 50% off of Whatever the price it is, which is still lower than what you currently see So save some money save some time just wait a week's time and that you'll have access to a good rate and you can lock it in Um, can we get email for specials? Uh, yes, you can uh You can actually go into uh, what's this called urban forex.com and just be a member there I'll I'll send out a mass message to everybody once it's ready. Okay Uh Thank you very much. Yes. I already am. Okay. Yes, definitely. Definitely. I'll let everyone know but thanks for asking All right guys have a very very good night. I will speak to you all soon. I hope do you guys see you guys on the next webinar Okay So there are yes, I will do my best to give some more time to the internship Thank you. Thank you. Have a very good night guys