Logical Forex, scalping, coaching, winning forex trades the simple logical way

 

Forex Scalping ... It's more than small pip profits.

Logical Forex is a powerful forex scalping strategy because you trade with the flow of the market, and trade when Big Money Traders are at a Decision Point.

You can see these things on your Logical Forex-based charting software in an instant, without having to manually draw lines or markers.

You look for certain Forex Scalping Patterns that regularly occur in the preferred currency pairs (EUR/USD and EUR/JPY), but you can also use Logical Forex Scalping with any trading instrument, including currency futures, commodity futures, ETFs, stocks and bonds (anything with a datafeed).

Here, let me show you how simple forex scalping is with Logical Forex...

After you start playing Video, click the to expand to full screen

 

Logical Forex Scalping Example

Let's look at a real forex scalping trade using Logical Forex. There are only 3 things you must observe, one optional item that is very helpful, and then all that's left for you to do is enter and exit your scalping trade...

forex scalping example

Logical Forex Scalping Chart Example

 

The Steps for Logical Forex Scalping (and Futures too!)...

 Activity Lines... Is the Market Active?

 Flow Lines... Is Price Flowing?

 Magnet Lines... Are we at a Decision Point?

 WatchDog... Is there a Confirming Indicator Signal?

 Enter Trade... Go!

 Exit Trade... In-and-Out Quickly, Go with the Flow!

 

 Logical Forex Activity Lines

Activity Lines show you, at a glance, when the market is active, and will let you know in an instant if there is real money and trades happening in your currency pair. You only want to be trading when the market is active and has liquidity. This is especially true when you are scalping in the forex and futures markets. When there is no activity, stay out. The Logical Forex Activity Lines make it very obvious and easy for you to identify a ready-to-trade market.

You want the gray vertical lines to be "wide apart". This way, you can get an idea about the liquidity of the market, and how actively the currency pair is being traded. Our best times to trade, and especially when forex scalping, are when every market session opens and closes, but there are good scalping opportunties throughout the entire day (and night) in whatever part of the world you live.

 Logical Forex Flow Lines

Flow Lines represent the current flow of price in the currency pair. Yes, I know, when you first look at them, you may be thinking these are "moving averages of some kind". Well, you would only partially be correct. There is a bit more to Logical Forex Flow Lines.

Where most "systems" tend to look at price based on time, Logical Forex looks at price based on how it is moving Right Now. This gives you an enormous advantage.

What others are saying...

Just a heads up on my trading. I was really crashing and burning for a while, so I went over the training materials again intensely this week, and I had more AHA moments.

I was doing what you thought I would do, and trade when it was not the right time....just to trade, I guess. Now I know better, and it is getting better. In fact, now I 'see' at a glance when it is right to trade.

The other thing I was doing wrong was waiting for it to come back into my favor. Again, big mistake like you said.
I know better now with that too! LOL But like you said, I had to do it.

My husband just shakes his head and wonders why I would even go down those roads. "Just do what he tells you!" is what my hubby says. "You're not like all those other people out there, that need to 'test' it". he would say. "You're paying him, so just do what he says".

Well, that was easier said than done. So I am really glad, Greg, that you and he, LOL, stick it out with me, as I do all these foolish things. I think now I'm on the road to recovery.

Chris W.

Canada, Ontario

Said in Support Ticket 76MYxxxx

Want to see another one? Yes!
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If you are scalping or trading from a chart that is 1 hour, or 5 minutes, or even 1 minute, you are completely oblivious to what is actually happening in the market. You simply cannot see the FLOW of the market, especially with candle charts.

All you can see with a time-based chart is... "what time it is" and "what price did during that particular time snapshot". Not good. Well, not good for you... but great for the Big Money Traders who are perched and ready to take your money. (And, don't be fooled... Tick Charts are not going to give you the same perspective as Logical Forex, especially when scalping forex.)

Really consider what I'm telling you. This isn't some deep theory or cryptic thing. If you are scalping and trading based on time and trends instead of taking opportunities based on flow and decision points, you are in a losing position to begin with.

We cover how important seeing the market in a Flow is to your forex scalping and overall trading strategy, and explain how when you are looking for a "trend", it's just not the same thing.

With the Logical Forex Flow Lines, you see actually what is happening at that moment with your currency pair.

Compare this to something like you normally see with candlestick charts. They have their place. For me, it's in a retirement home... but yet, some methods work okay with candles. But with Logical Forex, you're not trying to determine if you should trade on the next open or close of a candle, where price is "inside" that candle, waiting on the clock to tick 15-minutes past the hour so you get some signal (price does not care what time it is!)... or looking for some oddly-named candle pattern, debating whether you need to enter if price "breaks out" of some line (and if so, are you supposed to wait for the next close, or what?) This is terribly confusing. Do it a better way. Keep reading.

You want the Logical Forex Flow Lines to be somewhat "spread apart", all heading the same direction, and ideally all the same color. (You also want price to be interacting with a Logical Forex Magnet Line. More on that in just a moment.) And, when the market is changing direction and price is somewhere near a Magnet Line at the same time, you're really identifying an excellent opportunity!

This is important... When you are looking at the Real Flow of The Currency Pair, then you are already ahead of the other traders, and you are basically interpreting the market with the same view and perspective as the Professional Traders do. So now, what's left is... you need to see what the Big Money Traders are doing, and how they are positioning themselves to take advantage of uninformed traders... and with Logical Forex, you can know where they are making those decisions with...

 Logical Forex Magnet Lines

The Logical Forex Magnet Lines expose what the Big Money Traders are doing, and where they are "setting their traps" and where they are likely to take the market... at their "Decision Points" in the market.

Is it better to scalp forex with or against the Big Money Traders, the banks and such, who have all the money and who can "move the market at-will"? Is it better to let them show you what they are DOING, or for you to try to "out-guess them"? (Goodness I hope the answers to those questions are obvious to you!)

The Big Money Traders have every advantage over the regular "retail trader and scalper" (normally people like us)... however, we gain back our edge by seeing where the Decision Points are... where the Big Money Traders are actually deciding how and where they will take action... and this is what Logical Forex Magnet Lines show us.

You want to see Price interacting with a Magnet Line which means the Big Money Traders are at a Decision Point and we want to (1) wait for them to show us what they are DOING (not what they might do), then (2) let them do their typical "clear out the stops before moving price, and then (3) trade WITH THEM in the direction they take the market.

When Magnet Lines are used with Flow Lines, the picture becomes quite clear... and we can confidently enter and exit our scalping trades. Of course, we always need to be ready to exit quickly, whether we are in profit or not. This becomes quite easy as you absorb more of the Logical Forex System, and apply it to your trading.

Logical Forex Magnet Lines are not the same as Support/Resistance lines! And, we are not scalping or trading a "breakout system". We cover this extensively in the Logical Forex Training Materials, which include over 2 hours of video instruction, a written guide, the Pattern Library, a Trading Process Map, and many forex scalping examples in the Trading Blog... and many other resources that are included when you first get started.

 Logical Forex WatchDog

Like a good partner, the Logical Forex WatchDog gives you extra confidence that what you are seeing is actually a high probability forex scalping setup. It helps you identify good trades by "barking" to let you know you need to be paying attention to a pattern that is developing.

So, it's quite simple... when you see good Activity in the market, and the price has a logical Flow, and price is interacting with a Magnet Line... and the WatchDog is "barking" at the same time (it appears in a bright yellow)... then you have a high probability scalping setup. Of course, it's still up to you on how to interpret what you are seeing, and how you will approach the trade... by taking it, or passing.

And when you identify a scalping setup that makes sense to you logically and is clear to you with your Pattern Matching brain (yes, we cover all of this in your training materials), then it's time to trade!

 Entering and  Exiting Trades

Now, keep in mind that Logical Forex is not a "silver bullet" nor is it the "holy grail" of trading and scalping. Logical Forex simply shows you a high probability scalping setup, without you having to draw trend lines or pull fibs (on who can ever-guess what points to select)... or anything else manual. You need only to watch the chart for our particular Best Patterns, and choose if you want to enter the trade.

You will perfect this ability, to enter and exit scalping trades, by applying and absorbing the things we reveal to you with Logical Forex. Then... with practice-practice-practice (just like ALL professionals do in any career)... you will develop trading skills that give you a calm confidence in all your trades. Of course, you want to practice properly, too, and we have developed a special method for doing that, too.

We will be "wiring your brain together" in a special way, so that your left-brain Logical Processing and your right-brain Pattern Matching handler work together. You will find a new freedom in your trading... with No Predicting. No Over-Analyzing. No Hesitating.

Logical Forex is MUCH MORE than scalping. Often people associate "scalping" with frequent trading... taking many small and quick trades. We do things a bit differently. Our focus is on scalping one large lot size trade, and getting in-and-out quickly... then enjoying something else for the day (family, friends, hobbies, life). When you are able to identify Logical Forex scalping setups (which our training will show you), then it's rare to have a loss, and the simplicity and no-stress atmosphere of trading Logical Forex is a true blessing.

 

The simple rule for trade Entry and Exit is...

In And Out Quickly, Whenever It Goes Against Me

Generally, since you have done a good job identifying your trade, based on your Logical/Mechanical Training and your Pattern Matching/Mental Training with Logical Forex, you'll find that "when it goes against me" you are actually in profit. And, yes, we show you some clever and proprietary ways to trade this way.

Our plan is this...

  1. Review Market Conditions. Usually about 5 minutes... max.
  2. Make sure the market is Active. You may need to be patient for 30-45 minutes or so.
  3. See that there is a true Flow in the market
  4. Wait for Price to interact with a Magnet Line (a Big Player "Decision Point")
  5. Allow the Big Players to "clear out stops" (the "Magnet Dance") or identify if they will begin the move Right Now
  6. Allow our Logical and Pattern Matching brains parts to agree to take the trade, or to pass.
  7. Be calm, stress-free and comfortable with No Predicting, No Over-Analyzing, No Hesitating, and if so, Enter the trade.
  8. Enter the trade with as large of lot size as you are comfortable doing (and smartly of course)
  9. In and Out Quickly, Whenever It Goes Against Me (or hold a bit longer if that is your trading style).
  10. Go do fun stuff other than trading. (Or seriously reduce your lot size, and keep scalping and trading if you desire).

It's time that we "regular folks" can trade with the Big Money Traders, and make consistently profitable trades. Join us with Logical Forex. Enjoy your forex scalping and forex trading lifestyle... with trading abilities that you know are ready-to-go and explode from you... with a few refinements and some better tools for trading. Logical Forex. Go. Have fun. Now.

 

You may be interested in why and how I created my Logical Forex Scalping and Trading System...

 

 

 

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Site Last Modified: 2014-08-01