I am just now getting the chance to post my trade example…the trade I took nearly 10 hours ago.
Normally, I post my trades shortly after I take them. It always takes me 30 minutes to an hour to make all of the chart images, size them properly, upload them to the server, write all of the text that you read…and so on. It’s just “stuff”, but “stuff” I have to do to keep you informed and equip you to become a true professional forex trader.
Doing this “stuff” isn’t too bad. And, I enjoy the results a bit, too…but it DOES take me quite a bit of time and commitment. (Very common words these past few posts, huh? These “words” are EVERYWHERE).
But now…the past seveal days…things have changed.
I almost feel like I’ve been gambling some, instead of trading.
Do you ever feel that way?
Some people love to gamble. I’m NOT one of them. In fact, a very impressive trader who experienced a Private One-on-Workshop with me…well…he was a professional gambler. He has carried some of his skills…the ability to trade the PROBABILITES being the most beneficial skill perhaps…into his Logical Forex trading. He is a very impressive person…and can trade very differently than I do.
But, again…for me…I really don’t like to gamble. Yet, I have had that “gambling feeling” far too often recently.
It’s coming from an odd place.
You see, I’ve made some commitments to you recently to provide some additional materials to help you become a more successful forex trader.
This has been a much greater challenge than I had anticipated (predicted?).
I have been recording videos of my trades.
This has been VERY costly to me.
I’ve explained this in another recent post…when I am recording my screen, there is a LOT of computer processing power going on…things that interfere with my trading…which slows down my trade execution fills…even on my “Big Broker”.
With late fills, caused exclusively by the screen recordings, I can’t ever really get in and out “like I used to do”.
Now, I have been experimenting with this for the past 3 weeks or so. This isn’t a “maybe thing”. It’s Real thing. I don’t like it.
So, this week, I’ve changed things around a bit. I’m taking my bigger lot trades WITHOUT ANY kind of recording of the screen happening. I simply don’t want to GAMBLE that the video recording MIGHT interfere with my professional trading. That would/could interfere with my ability to make money trading forex! Not Good!
So now, after I have completed my “Big Trade”, then I have been recording other trade setups. They are not “the best”, but they have still been EXCEPTIONAL times for EXCEPTIONAL training opportunities.
I have been able to record some fantastic “fake outs”. You’ll be able to see how I simulate how many people might trade…and I go into detail on why NOT “take the trade”…but still take it anyway…just so we can “experience it together”. 
The first videos that I’ll be releasing will no doubt, separate those who are seeking the Holy Grail from those of you who are SERIOUS about trading. Committed. Determined. You know who you are.
The best thing these first videos will show you is to expose what many people do and how they trade when initially “learning” Logical Forex, or even after they have been trading it for a while. I show you how to improve and stop doing those things that are causing you to lose. And, you’ll REALLY enjoy it…because when I take these trades, I give you “fair warning”…that…”this will likely not work, but let’s try it”. Then, you’ll get to see how I react and handle the situation…with of course some “time for teaching”…so I don’t always show you the exact way to trade “in and out quickly” in some of these initial setups. (But, I’ll cover that, too as we progress.)
Probably the biggest challenge I have with producing these videso, is the incredible TIME that it takes me. I made a recording last night shortly after I had taken my “big trade” (which I’ll post the chart images below). So, I started my recording…and what I had hoped would be may 10-20 minutes, turned into an hour of recording. (Like I said…if you are SERIOUS about forex trading…you’ll “suffer through” watching this one to the “bitter end” — a nice winner.)
Okay…so I made the recording…spending an hour of time that I hadn’t planned on…forgive me, but I was tired as I had already worked non-stop for nearly 12 hours already…and then took my big trade which took me almost 35 minutes of “patiently waiting for the trade to setup”…and then I started recording the training video…blah blah blah.
Well, after I recorded it, I have to blur out some private and confidential details…like my account numbers, and such. (You wouldn’t want to expose your details would you?) Well, this takes 10-15 minutes minimum, but on this hour long video it took a LOT longer because of some of the trading details I show.
I could have been resting. I could have been trading. I could have been doing many other things. But no, I have made a commitment to you. Are you as commited to yourself as I am to you?
I finish with all the “cleanup” of the video, and then I have to “produce it” so that you can actually view the video. I started this process at around 4:30 am.
I have a fairly fast computer…but it STILL took nearly 7 hours before it completed. Now remember, this is my main computer…the one on which I do my trading. (Yes, I know, I could “split things out” and do several things differently to make this process better…and I will…but that’s not my Reality at the moment).
Well, during those 7 hours…as that video was produced and created so that you can view it…the program eats up almost all of my computer horsepower. Basically, I can’t do anything. I could not effectively use my computer to post responses to your support tickets. And, I certainly couldn’t trade…and this “producing the video” interfered with two of my “other” favorite times to trade. This was NOT fun. I felt, trapped.
Even with 10-15 minute videos, it STILL take a lot of time and effort to get them ready for you to view.
Now, why am I telling you this? For a couple of reasons…
Again, I have made a commitment to you, and I will honor it. I hope you would do the same for me…but more imporantly, I hope that you would do the same for YOU…that YOU will be commited to USING the CURRENT materials and resources of Logical Forex…the existing Online Training Videos you get with your trial, the Written Supplement to the Online Training Videos, Market Replay, the trade examples on this blog, and the Private Workshop…along with LOTS of practice. (Or you can just go look for the Holy Grail in an automated robot trader or an “indicator that will tell you exactly when to click the button”.)
And then, I’m hoping that what I’m doing now by creating these new trading example videos that you’ll actually take the time to view them, learn from them, and DO WHAT YOU LEARN…and STILL be committed to yourself to “let it all come together in your brain”.
Are you TRULY willing to do that? If you are, then I’m willing to continue producing more and more detailed training materials. More things to help you. More videos. More resources that we can benefit with. More…family. Are you as committed to me as I am to you?
You know what would make me more enthusastic about doing this and maybe even “picking up my pace”? Simple. Comment below and publicly express your commitment. Or, if you’d rather stay private, just open a support ticket, and express your commitment to me. I’m as commited to you as you are to me.
And, yes, I will show you a super high probability trade in a video recording. But, I’m not going to do that very frequently. Why? You have to remember…when I do that…becaues of the slow down the recording introduces in my computer system…therefore my ability to trade…I won’t be able to take my normal “max lot” trade…and THAT will cost me a great deal of money. On the flip side of that…I will do this because I am committed to you and your success. And, as I always say…”there will be another trade setup soon.”
I do ask you to be patient, too. I have several videos completed, but not the delivery method I’ll be using. There are a few more pieces that I must refine and then test…and then in the next week or so, I’ll begin releasing different videos for different types of clients…people who have only read The Secret Forex 4.2 Formula and taken no other action will have limited access to a more limited type of video. And then a client who has just a trial of the Logical Forex Indicators will see a bit more details in the videos available to them…and further, those who are regular subscribers who have show commitment will get more details. And then, of course, those who have taken a One-on-One Forex Trading Workshop, even more details will be available to them. In other words, the more you have expressed your commitment to us, the more information you will be able to access…and that means that you’ll be able to become a better trader, with more consistent profits.
Okay…now…I’m going to show you my “big lot trade” that I took. I have typed so much, my fingerprints are falling of now, so I’m not going to comment…just post the images. You’ll see why I did what I did, right?
### EUR/JPY Market Flow and Structure
EURJPY Scalping Setup Market Context
*** TRADE #1
EUR/JPY Continuation Trade Setup
Exit #1
EUR/JPY Continuation Trade Setup
Remember, I want to hear from those of you who will commit to YOURSELF. Comment here and express your commitment publicly, or open a support ticket and tell me privately…but TAKE ACTION.
-Greg
Learn a lot from your blog even after the workshop. I am still practising. Look forward to your video.
Yes, James, as I told you in our Private Workshop, you have a great attitude and a strong desire to make forex trading work for you, and in particular, the Logical Forex Trading System. I’m happy to hear you are practicing. That is the ONLY way ANY true professional BECAME a professional…and they still continue to practice constantly. Tiger Woods does. I do too. Not with golf though.
Thanks for your public statement of commitment to yourself. I have taken notice. You may be in for some “special treatment”.
-Greg
Greg,
You are doing great work for newcomers to this bussiness.
I will soon be starting to use your trail & then trade on demo mode using logical forex before I am confident to put some money on line.
Thanks a lot.
I really appreciate your kindess Vijay. Your strategy is wise.
-Greg
I am learning alot from the chart and it really does make things alot clearer than bar charts.I am back testing and thing’s look great.I am committed to making this work so will signup for one on one training.The big spread puts some pressure on though.
Hi Martin.
As you do more Market Replay, and begin to really “see” the charts, things will become even MORE clear to you. And, after a One-on-One Workshop, you’ll be astounded at how much progress you’ll be able to make.
-Greg
Thanks for this report Greg. Yes, perhaps I need to be honest with myself and realize that at times I am gambling instead of trading. It’s all too easy to be impatient and not wait for a proper set-up and “jump in hoping” and then realize after the event that I shouldn’t be in this trade and then try to hold on to make it work. It’s hard for me with, I suppose, an aggressive nature, to sit and watch so if it “looks” like a set-up I’m in and in the current choppy market, I usually bomb out. Maybe one day I’ll just watch and do nothing. That WILL be tough! Thank goodness I’m still practicing. Look forward to your videos. I really do appreciate your commitment to your traders taking time to answer my support ticket only hours after I sent it. With other training programs I’ve been involved in, it could be days. You are a great mentor. Thanks again.
Rod, do you like fishing?
I don’t really care much for fishing. I believe it’s because I’m a bit impatient..but only for things that do not provide a high probability of success.
Sure, I could go with a guide and increase my chances of success (hmmm)…but I still don’t enjoy it much. The “rewards” of fishing just aren’t something that appeal to me much.
Forex trading is different. I can comprehend and appreciate that there IS going to be a high probability trade setup for me. I just have to “wait”. But for me personally, it’s much more rewarding to “pull the trigger” and “capture pips”, than it is to sit in the hot sun (or the cold frozen lake) hoping a fish might bite my hook.
And, you’re right…a choppy market will “choppy your account”. If you don’t see really good Logical Forex Activity Lines, don’t trade. If you don’t see really good flow in the market, don’t trade. If you don’t see a market structure you can make sense of, don’t trade.
Remember this…WHEN YOU CHOOSE TO DO NOTHING, YOU ARE DOING SOMETHING. You are making a choice. You ARE taking action…even if it feels like you’re not.
-Greg
Hey Greg – I feel you all the way in New Jersey. Be assured that every minute and all of your effort will be requited. My subscription is my commitment (to myself, to you…). I’m geting into PayPal tonight. Lets trade!!!!!!!!!!!!
You’re going to have fun being a successful forex trader, Brandon!
-Greg
***
***
*** Oh my! Oh My! Oh MY!!!!
***
***
I have spent the past several hours reviewing some things that a fellow trader sent to me. It’s about one of the most popular “automated forex trading robots”. He went so far as to recommend it to a few people.
What he sent to me, made me concerned. It also made me wonder what he might be seeing that I didn’t.
I figured it out. It wasn’t what he WAS seeing. It is what he WASN’T seeing. Even worse, he was coerced into seeing what he WANTED to see…by his OWN mind. Oh my! And this, from a trader who I greatly admire and respect.
To put it in “nice” terms…
I am stunned at what I have discovered. Stunned. STUNNED.
And, that’s not STUNNED in a good way. I think I want to hurl. (Look it up. Any definition is fine. I do have one in particular in mind, though.)
I am making a video with in depth details now. I hope to have something ready for you before the USA weekend.
If this particular robot works for you, great, but you will be putting yourself in great peril unless you take special steps to protect yourself.
The issues with this particular robot simply DO NOT EXIST in the Logical Forex Trading System. YOU are in control…and you’ll soon see what that is SO critical!
-Greg
Hi Greg
Your commitment is appreciated, and your repeated exhortations are gradually improving my attitude and my confidence.
Keep up the good work. You are building a substantial band of dsiciples
Regards
Keith
Thanks very much, Keith, for your kind words.
I really enjoy watching my Logical Forex “family members”, like you, gain confidence and experience… and become expert forex traders.
I never question MY commitment…to my trading…to you…and it is so fulfilling when I see traders commit to THEMSELVES…to stop seeking The Holy Grail of trading, and take control of their own choices…and their own destiny.
Thanks for being one of the Serious Traders. Your determination and commitment to yourself will see you through.
-Greg
hey greg, i joined the trial and will be renewing for full membership, as soon as my internet is running properly i will go through all the materials i have and trade and make some money so that i can join your workshop. I am committed to being a successful trader no matter what.
Fantastic Alex!
Something fun for you (and everybody else) is…I’ll be making available more and more training materials. Traders, like you, who have expressed their commitment by starting a trial and continuing with the regular benefits of the Logical Forex Trading System will have access to even more materials.
You have made a wise decision in getting started now.
Have fun!
-Greg
Greg,
I noticed in your examples some of the “patterns” you are talking about. A lot of them show some of the lines (are the a guppy moving average/) hooking north or south that tends to show a high % setup. Am I correct in my observation? Do theses patterns occur often? It would be awesome to trigger an alert of some kind when that formation comes.
Shawn
Yes, Shawn, what you’re seeing in those patterns occurs regularly. Many times a day, in fact. Most often, they happen at EVERY open and EVERY close of EVERY major forex market session. And, of course, they happen several other times during the day.
Your mention of a Guppy moving average is interesting. There is a relationship, of course, as there are multiple stacked “lines”…with a little different calculation than a typical moving average. We all owe Daryl Guppy appreciation for his research, but, other than that, as his lines focus longer-term stock trading (for the most part), the Logical Forex Indicators show us a little more information about the instantaneous flow of the market. We know “where the buyers and sellers are hanging out” by the Logical Forex Magnet Lines (not like Guppy who uses the interactions of the various groups of moving average lines).
You’ll find that the interaction of price with the Magnet Lines, when there is good flow and structure in the market, and the other Logical Forex tools giving you even more confidence…well, you’ll find this combination of things to give a powerful ability of interpretation on how to trade…or to stay out.
You don’t need an “alert”. The alert is the current interaction of the current price as shown by the Logical Forex Indicators. Surely you can “observe the market” for less than an hour, and commit your time and focus to make your OWN choice on when to trade…and not rely on an “arrow” on the chart or an audible sound…to “get your attention”, right?
Yep, I know you can.
-Greg
Excellent post, Greg. You always know how to hit the nail right on
the proverbial head. You are building a tremendous network of
soon-to-be expert traders.
Many thanks for all the tireless hours you put into Logical Forex.
It really does show. And is appreciated.
I am anxious to see what the future brings. It looks very bright
from where I am standing.
Thanks, Scott.
You have been a consistently dedicated Logical Forex trader for a long time, now. I am continually impressed by what you do, and maybe most of all, your wonderful attitude.
You have worked hard to improve your trading skills, and have done exceedingly well. Maybe most impressive…is that you have shown me an uncanny ability to communicate with great kindness and professionalism, even when things were tough for you when you first got started.
You have my utmost admiration and respect.
Based on this (and more), you and I, if you want to, will be spending more and more time together where I’ll show you additional methods to trade that I don’t even disclose in a One-on-One Workshop.
Maybe you can help me share a few things (not those super secret things) with other people…maybe on the blog…maybe even helping with some support tickets, too? Maybe more? (You know, your unique perspective coming from “nowhere” to “where you are now” can be a great inspiration to people.)
Get your shades. And buckle up. The future IS bright…and getting brighter…and the pace is quickening. It’s always best to be on the bullet train…before it’s moving swiftly away from the station. You’ve done that. I hope for them that others will do the same.
Let’s see more of you around here, Scott!
-Greg
Hi Greg,
Ive really been practicing during the trial that I got from you .I hope that I can Afford a full blown membership soon.Its really helped me a lot.If my contracting business picks up just a little bit Im in.
David
Hi David!
That’s wonderful! The only way to succeed at anything…and truly become a professional…is to practice…frequently, and with much dedication…always making adjustments to “fix the little things that didn’t work”…and the determination to continue until you have seen the path open for you.
I was a consultant/contractor for a a long time (in the technical world…a bit different from what you are in I belive)…but, the similarities are still there. I know what you are talking about…those lulls in business and contracts can be a bit nerve-wracking.
At least now, with Logical Forex, you can always have some “productive time” in your training time, and soon even in your trading time.
It will be fun when someday, you can “just trade” instead of having to work through all of those contracting assignments, won’t it?!
Enjoy your Logical Forex Indicators, David. There is a lot more to come. Your being here “now” was timely. You’ll be getting some special treatment because of your sincere commitment…to YOURSELF.
-Greg
Hi Greg,
Thank you very much for good information to study forex.
I have a two questions.
First, the red and green arrows(entry and exit signal) are automatically appear at the exact moment? or you added it after trading for education purpose?
Second,for each pair(ex: EUR/USD,USD/JPY,EUR/JPY) how many times the buy/sell signals are generated per one day?(avarage value)
Thanks a lot.
Hi Stephen.
Those arrows are placed on the chart by me manually, exactly for what you say…education purposes.
We use NinjaTrader with the Logical Forex Indicators for our charting (only) and then execute our trades using our broker trading software. By trading through the broker’s software (and not NinjaTrader), we get the absolute fastest execution speed, and it frees us all to use whatever broker we desire.
If you’re interested in knowing what brokers I use, open a support ticket, and I’ll let you know.
Every pair has the best setups ANY time ANY major market opens OR closes. So, there are several “best times” to trade, but there are other opportunities that appear, too.
If you’re like me, I prefer to find ONE high probability trade each day, and trade maximum lot as described in The Secret Forex 4.2 Formula. Then, if I still want to trade, I’ll reduce my lot size, but still look for high probability trades, but maybe with a bit less “strictness”.
No matter how you prefer to trade, you’ll have many, many setups you can evaluate…and with practice, you’ll know when they’re good…and take them.
-Greg
Hi Greg, I appreciate a lot all the effort you are putting in this website. I’m a regular subscriber and I’ll take soon the 1-on-1 mentorship. So far you’ve kept every single word you’ve written in this blog. I’m sure you’ll be able to build a nice community/family of Logical traders
I’m looking forward to seeing your training videos.
I hope you’ll continue to have the attitude of a real trader in spite of all the work required to run this website.
Paolo
Paolo! Thank you for being part of the Logical Forex family!
We will have a lot of fun in your 1-on-1 Worshop…and you will learn a LOT!
And, yes, you are right….this web site is a drain on me…but a worthy “drain”. Everybody here is incredibly important to me. I have spent my entire life learning and living this…the only real meaning to life is…my relationships with my friends and family. Everything else is, well….”stuff”.
People are NOT “stuff”.
And, you and the others here….especially those of you who are so determined and serious…you ARE my friends and family. And I thank you from the depths of my soul.
-Greg
Greg, I would just like to thank you for the quality of the premium videos that i purchased at the time of my initial $28 trial subscription several days ago. The content in the premuium videos is worth 10 times the price that I paid for them. It was refreshing to see your new approach to fx trading. Although the material provided with the trial subscription is adequate for the beginner I want to make a career out of forex thus I made a commitment to myself and I purchsed your 1 on 1 training a few minutes ago so that I can learn all the tips and tricks that the professionals use. I may not use the 1 on 1 training until I digest the material. I just wanted to secure the low price before any price increases and make a commitment to myself.
During one segment of the premium videos you were apprehensive about telling the viewer about some inside trader secret that gives confirmation that the trade is in correct cycle. WOWWWW!!!. This one tip alone paid for the cost of the premium videos many times over.
I just sent you a private support ticket requesting that I be at the highest membership level with logical forex. I also just canceled all my other memberships and subscriptions with other forex educatiors and can clearly see that Logical Forex will no doubt make me into the professional trader that I WILL become. Please do not take this statement lightly Greg. I have traveled North America to attend forex workshops that all seem to rehash the same old stuff; you know, trend lines, support and resistance lines, candlestick charts, trading multiple time frames, etc. you get the point.
I can not believe that you disclose the content in the premium videos for such a low price. It was also refreshing to hear of new content that I have NEVER heard of from the tens of tens of thousands of dollars I have previously paid forex training.
As I am studying the blog and premium video content I am writing down questions that I will be seeking asnswers for. I sent you several support tickets in rapid successtion and you answered ALL of them in COMPLETE details. And I appreciate you SUGGESTING to me that I make a list of questions and answer them myself. I respect your time and I need to take the time to read through and digest the material. Trust me … there are at least 15 more support tickets I could write up but I prefer to search for the answers myself … it is called active learning. Thank you for providing me direction. Infact I am having more fun by writing down my questions and then actively searching for the answers.
The responses to my private support tickets are very well written byyorself and Scott and detailed and it shows that you guys are commited to me and my success.
Greg, although I have only known about Logical Forex for 4 days now, I would be honored if you would accept me into your Logical Forex family.
Your mantra is so true … No predicting, No over-analyzing, No hesitating.
Note to sceptical wanna be forex traders: I am one of the most scepitcal people out their and I have been burned by all the forex scams promising to make me 8 million dollars on each and every trade I take. Logical Forex is different. I have spent over 60 hours in the last 4 days and this stuff makes sence. Furthermore, do not be fooled in thinking that you need 100 pip stops to make 100 pip gains. Slow and easy does the trick.
Signed by commited, determined …
Danny
Danny, I sincerely appreciate your openness and kind words.
I have seen all the effort you have done, and the commitment
you have made. Outstanding. I hope others see the wisdom in
what you have shared here.
Thanks again.
-Greg
Good editorial. Sustain up the brilliant work.