Always Been Active, Just Silent for A While

Howdy.

First, I want you to know that during my absence from posting on the blog, Logical Forex has continued to work very well. The traders who have stayed committed to themselves continue to consistently take profits from the market.

Even though I haven’t posted for quite some time (life-stuff has been VERY challenging), I have always been deeply involved with my clients via our Support Ticket System. It is always a thrill to hear of the fun and success that my Logical Forex trader family enjoys.

Almost every person who is successful with Logical Forex exhibits certain characteristics from the very start – and I can generally tell who will do well just from how they setup their first charts, and even how (or if) they engage with me in the support system. Interestingly, most traders who experience quick success do not involve me with support questions, at least not for a while. And, those who actually setup the charts properly from the start (and avoid any time-based charts) do well. Those who typically start Logical Forex with any of chart other than what we recommend… well, they tend to not do very well, and tend to quit pretty quickly.

I hope that isn’t a surprise to you. What I mean is… I’ve spent many years developing Logical Forex, and with few exceptions, what I recommend that you do, ESPECIALLY when you are getting started with Logical Forex, is truly the Best Way. Your success is important to me, and if you’ll get started with Logical Forex with the ways I show you, you’ll do much better than you would otherwise. I always feel awful when I see somebody who is getting started, setup their first chart with a difficult currency pair to trade, or a time-based chart, or several other things. I know almost immediately they’re going to have a big challenge and have made things difficult on themselves, when it doesn’t have to be that way.

PLEASE don’t be that person who “blazes their own trail” – especially when getting started with Logical Forex. Follow the training closely, especially everything in the Getting Started Guide and the Checklist, and you’ll have so much more opportunity for success and a lot more fun!

I’ve also noticed that there are MANY more FUTURES traders using Logical Forex. Yes, Logical Forex works great with futures, and especially well with Currency Futures. The patterns are a bit different than Spot Forex, but you can adapt easily.

So, whether you’re trading futures or spot forex, be sure to follow the training Checklist that I provide, so that you can get a much deeper understanding of the forex (and futures) market, and how we keep a powerful edge over other traders.

Quite simply, with Logical Forex, we see things that other traders simply CANNOT see, and we can trade Logical Forex profitably, even with brokers who don’t always have our best interests in mind. Logical Forex gives you enormous power and control over your trading… and your own destiny.

There is SO MUCH training material available on our site, and we’ve done many posts to the blog through the years, I’m not likely to post with too much frequency. There is NO DOUBT, you can review these blog posts that are already here, and see clearly what we do with Logical Forex. My adding “another post” that looks “just like the others” is marginally helpful at this point. The import thing for you to do is GET STARTED on your own, follow the training materials, review the existing posts on this blog, immerse yourself in the Pattern Library, and then do it again and again… and you will become equipped to be a consistently profitable forex trader.

I want to remind you that with Logical Forex, we are “IN the game” instead of just “watching the game and placing a bet on the outcome.” In other words, while other traders try to PREDICT the market and draw lines and guess where price might go, we take an entirely different approach. We trade with TRUE PRICE ACTION and the FLOW of the market.

Logical Forex is similar to somebody throwing you a ball, you seeing the “pattern” of that throw, and then catching the ball. Most other trading styles have you “viewing the action” through a window, based on some time-frame, like somebody taking a snapshot of where the ball travelled during the past 15 seconds (or minutes or whatever).. and then you are supposed to guess, based on those snapshots where the ball might end up? That just isn’t something I find reliable, or fun, or profitable. Logical Forex… we trade the actual “throw of the ball”.

It may take a moment for that to settle in your mind, and it will eventually make a LOT of sense to you… particularly after you’ve experienced Logical Forex.

Go ahead and get started today with Logical Forex right now. It’s simple to setup, and the basics are quick to grasp and apply. Yes, it will take some dedication and commitment on your part to become proficient with Logical Forex… and in doing so, your life can change to what you’ve always wanted it to be.

Have fun with Logical Forex.

-Greg

Forex Scalping Before Work Begins

Well, it sure has been a while since I last posted. There have been a lot of things going on in my part of the world. Fortunately, things are settling down somewhat – which gives me some time to post.

I have a lot going on today, and little time to trade. But, I opened my charts before I had to hunker down on some work and saw something worth looking further into.

Take a look…

 

*** EURJPY Market Structure ***

Range

EURJPY MARKET STRUCTURE

 

Price had experienced a rather large move down. More recently, it was trading in a range, edging up very slowly over the last several hours. It had been spending quite a bit of time around the Blue Magnet Lines.

 

*** EURJPY Scalp Enter ***

Magnet Line Dance, Momentum, Breakout

EURJPY SCALP ENTER

 

Price was once again interacting with a Blue Magnet Line.

Let’s take a look at the Indicators…

  • Logical Forex Activity Lines – Starting to widen, as it gets closer to the U.S. open.
  • Logical Forex News Alert – None showing.
  • Logical Forex Flow Lines – Price is coming out of somewhat of a trading range. Most recently, you can see all the stacking yellow – showing Price consolidation. Then, the Flow Lines start to fan out. The Spine is almost fully revealed.
  • Logical Forex Phase –Tracking along nicely with Price.
  • Logical Forex Bias – Pointing up.
  • Logical Forex Magnet Lines – As you can see, Price is dancing with the Magnet Line. There is a very nice dance right on the Magnet Line (my favorite) and then Price accelerates through.
  • Logical Forex Watchdog– It is barking yellow just prior to the trade opportunity. Notice it is solid bright yellow at the time I will pull the trigger.

Time to enter a BUY trade just as Price starts its acceleration through the Magnet Line.

 

*** EURJPY Scalp Exit ***

Acceleration, pull back

EURJPY SCALP EXIT

 

Price climbs steadily, only hesitating briefly shortly after I enter. I choose to ride that out. At the time that Price actually pulls back, I exit with some nice profits. Some braver folks might have held on until Price crossed the Groove at 98.90, but that is definitely more aggressive trading. I choose to be happy with my pips collected and can move on with my day.

***

If you haven’t tried Logical Forex yet, what are you waiting for?

Happy Trading!

-Scott

 

Price Action + Magnet Lines + Patterns = Profits

Hello!

It’s been a while… Scott has been doing most of the blog postings the past several months. He is really an incredible trader and has a special ability in communicating clearly. His posts are a joy to read. I also get joy from knowing that he, and many others, are continually benefiting from Logical Forex. That was my goal, long ago, when I made Logical Forex available to the public. I am constantly amazed at the success people have reported to me that they have achieved with Logical Forex… and they all have the same basic traits, and they all pretty much went through the same paths to become great Logical Forex traders. You can do the same thing.

We go into a lot of depth in the Quick Start videos and the other training materials on exactly how to trade Logical Forex: what to look for (patterns), how price action works (Flow Lines) and where decisions are being made by Big Money Traders (Magnet Lines). These are the primary things you need to be a consistently profitable Logical Forex Scalper and Trader. (Yes, you can make regular scalping trades, or hold longer for more of a “regular trading” approach, and we get into each of these approaches in our training.)

I’ve made a video for you that will show you how, on this particular day, just about every interaction of Price with a Logical Forex Magnet Line, was a reasonable trade. I also show you those cases where “things just don’t look right”… and we need to skip the trade.

This video is a light taste of what you get in our training materials. With the standard Logical Forex Indicators and training materials, you can be very successful. And, with the Logical Forex Premium videos, even more so. We have everything setup for you so that, no matter how serious you are about becoming a professional trader, we can help you. You can start at a level you are comfortable with, and continue moving forward with additional things that will make your trade selections even better… things like Market Cycles and Market Structure, which we cover in the Premium Videos. Again, you can trade very well from the standard training materials. Your success depends entirely on your commitment to yourself… and we’re here to help you become the trader you know you can be, and deserve.

This video runs about 20 minutes. I cover every Price interaction with a Magnet line during the European Session and the New York Session. There were a few trades I passed on, and one that didn’t work out (which I would not have normally traded, but others might) – and the rest of the examples were good for 3-10 pips or so. I’ll let you discover (when you view the video) how many of those trades happened, how the patterns looked, and what I used as “go” and “no-go” criteria. ;-)

Just imagine how much more is available in our training materials… and then, even better, imagine how when you apply what we share with you, how with some practice and commitment, you can make your scalping and trading life a lot of fun!

Please note: click the video to play it, and then click the [] in the right hand corner of the video to enlarge it.

 

 

See you again soon!

-Greg