Even In a Slow Forex Market…

December 15th, 2009

Well, as we draw closer and closer to Christmas, the market is beginning to be a bit less liquid, meaning it will normally have larger spikes and more jumpy moves.

You CAN trade during this time, but you MUST be careful.

One of the best ways to be careful is… to make sure you allow the market to TELL YOU WHAT IT IS DOING, and NOT try to predict! In other words, I’m a deliberately being MORE cautious than normal in allowing the Magnet Dance to occur before I trade. If it does not happen and price just blasts through a Magnet Line and I’m not quick enough to enter the trade… then so be it… I will simply wait for the next one. Of course, “waiting for the next one” during the next few weeks WILL take some patience (most of the time)… but is this really any different from how we normally trade… being careful no matter what and adjusting to what the MARKET is DOING?

We must make sure to not “dictate” to the market. It owes us nothing. Like you, I “need” to make “X” dollars per day… but I can ONLY do that when market conditions are Right. There is no sense going fishing in the sand of the desert, right?

So… here is the setup… You DO notice how this is another example of what I discussed in the video I posted just prior to this one, right? Patterns. It’s all patterns… and with the Logical Forex Indicators, we can SEE those patterns in ways that most people never will. We have an advantage!

*** TRADE #1

Holiday Forex Scalping Magnet Dance

Holiday Forex Scalping Magnet Dance

For those who have absorbed the Logical Forex Premium Videos — you DO see “that same ole thing” that I use so often, right? It SURE is powerful.

You know… maybe I should remind everybody…

Be sure to CLICK THESE CHART IMAGES to zoom in and get a good look at the details! The chart will open in a new browser window. Just close that window to return here.

Exit #1

Holiday Forex Scalping Magnet Dance

Holiday Forex Scalping Magnet Dance

Now, I’m sure you’ve already noticed… :-)

I have decided to make a special offer to you during the Holiday season. You’ll see the offer appear in your browser a few times (maybe 4-5) and then it will disappear and not be shown to you again. Sometimes viewing a page you haven’t seen before (or in a while) will make the special offer appear. Sometimes. So, I recommend that you pay serious attention to what I’m offering you. And… consider this… After the first of the year, I’m going to do a couple of things… such as likely change and limit those who can even gain access to Logical Forex… and I’ll be providing those who are already part of the Logical Forex Family some additional opportunities.

It’s a good time to close out this year and start your new year by becoming a truly Professional Forex Trader. Take advantage of my special offer to you. YOU DESERVE IT.

-Greg

Forex Scalping Tips and Insights

December 8th, 2009

Wow! I was quite surprised when I realized how long it has been since I last posted. Yes, I have been scalping forex regularly, but I have just not been posting here. It takes me at least an hour (often more) to prepare a post, and I have only had about 30 hours every day to get everything done that must be done! :-)

My posting will still be a bit spotty for the next few weeks, but I hope to be able to get back on track for posting more frequently… maybe even before then.

Even if I’m not able to post, I’ll definitely be trading. Of course, this time of year, one must be careful to make sure there is adequate liquidity in the market before trading…. and that’s trivial to recognize with the Logical Forex Activity Lines. You do always check the Activity Lines before you trade, right?

I’m happy to report that my Mom is doing quite well. I appreciate how so many of you have continued your prayers and well wishes! Many of you have kept in touch using the support ticket system to keep things a bit more private… and I thank you for that, too.

My Mom continues to be a great inspiration to me, and what she is going through reminds me all the time about how forex trading present the EXACT same “challenges” as life. I’m not going to go to deepply into that right now, but consider how we all are so often presented “challenging choices” in life… and how fear and all of our other emotions can “get in the way” of taking action… yet those who DO take action are really the ONLY ones who have ANY kind of control… and that being ONLY of Their Choices… but NEVER really knowing the outcome.

So, what do we do in forex trading (and life)? We make choices based on the best information we have available at that particular MOMENT. The more we try to predict or over-analyze, then we hesitate, and become more uncertain, or, more “certain” that our predicting and analyzing will have some “magical influence” on the outcome. Nope. Not in life. Not in forex trading.

But, if we can isolate our choices to a fairly well-known and understood PATTERN and can recognize those patterns, then our decision making is a fast process, with less emotion, and much less to “defend” or “insist on Being Right”, so it is easier for us to ‘exit a bad choice’… certainly in our forex trading… but only sometimes in life. And it is THAT difference that makes forex scalping and forex trading EASIER than life choices, but almost the same “situational choices” as life.

What would be nice, of course, is if we had Logical Forex Indicators for LIFE Choices. :-) The way Logical Forex shows us THE Decision Points in specific ways is what gives us our edge of just about any other forex trader or forex scalper. And with continued practice, it gets easier to deal with whatever the outcome of “the choice” or “the day” or whatever.

I have included a video for you today to show you some specific patterns that are occurring frequently over the past several weeks. Actually, they happen all the time, it’s perhaps just been bit more “obvious” recently.

You’ll hear me mention several times about a few additional items that give me even more confidence in taking some of the trade setups I’ll show you in the video. I’ll explain those things in more detail, below, for those who have purchased the Logical Forex Premium Videos or who have experienced a Private Workshop with me.

Forex Scalping Patterns
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Keep practicing! Keep trading! Keep going! Stay committed and determined to YOURSELF!

-Greg

Expectations. Surprises. Hope. Commitment.

October 28th, 2009

What a whirlwind.

Everything.

Yes, I really thought it I could have posted sooner than this. Obviously not.

My expectations were different then the reality I had to live.

But, no, life has been full of surprises.

Sure, I hoped things would be different than they have been.

That doesn’t’ change anything though.

Why? Because I am committed… to many things, but mostly to persevering to the challenges and disappointments, the unfulfilled expectations, the surprises… you know… life.

Or, is that… forex trading?

Forex trading is quite simply a different perspective of “life”.

We build up expectations… and are surprised. We have hopes, but are often disappointed. When these expectations, surprises and hope all intertwine… things get confusing… in life, and in forex trading. And, from what I can tell, the only thing that will pull us through is… commitment… to something… often just to ourselves. Why? Because I am the only one who can CHOOSE to continue… or quit… in the face of surprises… and failed expectations… and confused hope.

And, then… there are those who are BEYOND AN INSPIRATION to me.

I look at my life (or my forex trading, or whatever)… and sometimes it looks “challenging” or “frustrating” or “whatever”)… and I get things confused. Most of what I go through is trivial. Absolutely trivial.

I lose a trade. Not what I expected. I lose another. Certainly not what I expected. I have been surprised, of course. And, if I’m not careful, I’ll lose hope… and quickly follow that by quitting, completely abandoning my commitment… to myself… my goals… my dreams… my KNOWING THAT I CAN DO THIS.

Sound familiar?

Well… let’s re-frame this to Real Life.

My Mom and I are great friends. We talk regularly. In her 70 or so years, she has lived and learned a lot of life. How to live. How to love. How to manage expectations. How to handle surprises. How to keep hope. How to stay committed. How to persevere…

Ring. Ring. “Hello.”

“Hi Greg!”

“Hi Mom!”

We chat for a while. Laugh frequently. About 10 minutes into the phone call, and with a lengthly lead-in…

“I have breast cancer.”

Gulp.

Not expected. Big surprise. Is there hope? How to stay focused? Is this The End? WHAT do I commit to?

Sure, this had an effect on me. That hardly matters though. It my MOM who has to go through those things HEAD ON… and face those “feelings and thoughts”… and all the baggage that comes with it.

Sure, there are emotions to deal with. We’re human, yea know.

And, after a VERY short period of time… she SETTLES everything in her mind and her soul… and MOVES FORWARD… committed to herself… to “win”… and to keep her hope in line with reality, but still a lively hope… and even through the surprise, to keep her expectations real. And, then, to put it all together into a day-by-day… moment-by-moment… in-the-flow life.

If you talked to her… when this first started several weeks ago… or today… YOU WOULD HAVE ABSOLUTELY NO IDEA THERE IS ANYTHING “WRONG”. She just continues to step through every day, every moment, and exude love and commitment to everybody. Consistently. No matter what is going on.

Yes, she is doing quite well… still “on the mend” and has a ways to go with her continued treatment. But, she is COMMITTED TO HERSELF… even though there are times when hope may look bleak, expectations are unfulfilled, and surprises abound.

My Mom is my hero.

Now… I wanna gripe about my forex trading? Nope. Perspective is king.

I know many of us have faced similar “life challenges”. Things just rarely seem to go like we expect them to, or hope they will. Many of you have shared some of the most personal details of your life with me… cancer of the larynx, parents and children ill, financial problems, and more. And, it seems that those of us who go through these things DO have a different perspective… being able to realize that not every “life moment” (or forex trade) will be like we expect… but we still handle the surprises… keep on hoping… and stay committed. You know who you are. :-)

I won’t tie all of this together for you any more than I already have. I’m sure you can do that. The bottom line is what I have said all along in my postings on the blog, and in the Premium Videos. You know what these things are.

Yes, it has been a busy time. Yes, I have still been trading, and for those who opened support tickets, you know that I have been around and responsive. I have also been working on several other things related to Logical Forex, and others related to some of the other businesses I run. What does this mean? Well, I want to get some of these things “wrapped up”. I hope and expect that this will take just a few more weeks… but even if there are surprises and things don’t work as easily as I expect or hope, I will STAY COMMITTED… to me AND to you.

I want you to be the best forex trader… not that you believe that you can be… but what I *know* you can be. But, it’s up to you to manage your expectations… handle the surprises… continue with an overall hope (NOT “Hope and Pray TRADING”)… and staying committed to yourself to see it all through.

It may be another several days (maybe a couple of weeks) before I can post again. Keep practicing. Keep enjoying EVERY DAY of life… AND your forex trading. MAKE IT FUN WHILE YOU CAN.

I’ll leave you with a trade I took earlier this morning…

*** TRADE #1

EUR/USD Scalping Forex Fast

EUR/USD Scalping Forex Fast

Exit #1

EUR/USD Scalping Forex Fast

EUR/USD Scalping Forex Fast

Now, stay committed. Realize not all your expectations are what will happen. Handle the surprises. Keep hope based in reality. Keep moving forward. No fantasy. Just reality. Keep going. And, stay committed. Did I already say that?

-Greg

Deep Breath Easy EUR/USD Scalping

September 28th, 2009

First, I want to tell you how much I have missed you the past few weeks. I have been swamped with a number of personal issues (and some business related things, too) that have prevented me from posting as regularly “as normal” and as often as I prefer. I *will* resume more frequent postings, but it is going to be another few weeks before I’ll have the time to post like you have been used to. :-)

Occasionally, I like to watch the market at midnight US Central time. There are sometimes little “bursts” in the market at that time. They aren’t always easy to get a good fill with these, but they’re still fun… and it’s a way I can feed my addiction. Of course, when I do this, I trade fewer lots… and I’m also a bit more brave to “hold through the pauses”… the Deep Breath that the market (and I) seem to take on these “midnight trades”.

So… here’s what happened…

### EUR/USD Market Structure

Notice that we are at a Decision Point in the market structure.

EURUSD Scalping Forex Market Structure

EURUSD Scalping Forex Market Structure

*** TRADE #1

The NinjaTrader Chart Arrow covers up my entry, but you can still tell about where it was… and you can also see it in the Exit Chart below.

Scalping EUR/USD Easy

Scalping EUR/USD Easy

Exit #1

Overall, this was an easy trade, with no stress. Okay…there was one time when it was a bit “dramatic”, but I was comfortable with it.

When the price stalled — those Deep Breaths I mentioned — I just “felt like holding”. I didn’t have any big emotional attachment either way… win or lose. Yes, I traded enough lots to make it matter. ;-) But, there’s just no reason to get all emotional about a trade… is there? Can YOU do that (yet)? It is a VERY important part of trading! No, not “holding a trade” (that’s nice) but I mean staying Emotionally Detached. We’ll talk more about that in the future.

Scalping EUR/USD Easy

Scalping EUR/USD Easy

Give me another few weeks of “sporadic posting”, and I’ll get back to more frequent interaction with you. But… I do want to tell you that I *will* be changing some things. If you are even partially interested in Logical Forex… it’s going to be best that you get started now. That will make more sense in the future, too… but don’t predict… don’t over-analyze… and don’t hesitate. Start a trial. Now. Keep your access active. Get the Premium Videos. Now. You’ll be very glad that you did these things. Seriously.

-Greg

Forex Scalping Patterns Repeat Repeat

September 17th, 2009

You are standing in front of me, about 5 feet (1.5 meters) away. We are facing each other.

In my right hand, I have a tennis ball.

You can sense it. You just “know”. Yep, I am about to throw that ball at you.

Can you SEE this?

Is your Logical Brain seeing this, or your Pattern Matching brain? Have you had a physical reaction of any kind?

If you need to, close your eyes and really SEE this situation.

Now, imagine that I throw the ball to you. It’s your choice… in YOUR imagination whether I throw it hard, soft or ‘regular’.

So, how did I throw the ball? Was I on target? What WAS the target? Your head? Your hands? At your feet?

What did YOUR imagination do with this?

You already have something ingrained in your brain. Even if you haven’t experienced this exact scenario before, you can still imagine it…SEE it, right?

Now, let’s put your logical brain to work.

Let’s pretend this was a ‘real life’ situation.

Really think about this…

When I release that ball, there are literally MILLIONS of “calculations” that you must make so that you can catch the ball. MILLIONS.

How may LOGICAL decisions DO you make? Is there a separation that YOU ARE AWARE OF when your Pattern Matching Brain and your Logical Brain are “arguing the details” of what to do… and then what actually controls your hands to reach to the EXACT PLACE IN SPACE to catch the ball?

Do you see how ALL of your brain and your eyes and your body is involved in something so simple as “catching a ball”?

So, here you are observing a Logical Forex chart. Your Pattern Matching Brain SEES “the flow of the ball”, the spin, the direction, the pace. But, so does your Logical Brain, because it is using that information to “define the proper trajectory” to PLACE YOUR HANDS so that you can “grasp the ball”. Wait… I mean, your Pattern Matching Brain is seeing the Market Structure and the Flow and the Decision Points, and your Logical Brain is “putting it together at those Decisions Points”, and together, they direct your finger, almost unconsciously, to “click the button to trade”… or to not trade.

And all of this happens VERY quickly.

Now, let’s throw that tennis ball at a 3 year old child. Softly, of course. ;-)

Can you see how that child doesn’t quite yet have the “combination of skills” to “put it all together”?

Throw it to a 6 year old. A little better right?

Throw the ball to an adult, and even one with little experience catching balls has developed enough Pattern Recognition, Logic, and Motor Skills to at least make a pretty decent effort… right?

Give that adult a little training… a little instruction… some guidelines… and some practice… and they’ll do quite well. With more practice, even better still.

Is this any different than trading forex?

Logical Forex provides the “framework” for your Logical Brain to make decisions in the forex market… whether to execute a trade or to stay out… when to enter and when to exit… but it DOES NOT do it “independently” from ALL of the rest of YOU… your Pattern Matching Brain AND your Physical Body (clicking the button to execute a trade).

So, even with the clear “guidelines” of the Logical Forex Indicators, and the instruction of the Quick Start Videos and the Logical Forex Premium Videos and the trade examples on this blog… you STILL must “put it all together the Right Way”. And, that’s where the SPECIFIC details on how to Train Your Brain and Optimize It for Forex Trading are included in the Premium Videos.

Now, I debated whether to make this video available to “everybody” or just the Premium Video clients.

Well, I decided that it would help EVERYBODY and it is SO important, I wanted everybody to have it.

What you will see is the amazing repetition of patterns in forex trading, and particularly in our scalping forex with the Logical Forex Trading System.

And, it is exactly this type of “Pattern Matching” that your Right Visual Brain WILL see with some training! And, once those patterns are “fully integrated” into your brain, it’s as easy as “catching a tennis ball” being thrown to you.

In this video, I have exaggerated the Price Line so that your logical brain will have less to interfere with. I JUST want you to see the patterns, and how they repeat.

THEN… Train your brain with Market Replay and Single Step WITH THE REGULAR LOGICAL FOREX TRADING TEMPLATE! Do NOT use the “thick price lines” I am using them in this video ONLY to SHOW you some examples, NOT to “train your brain”… but actually to just “convince your logical brain” that pattern matching is a powerful key to unlock your true trading abilities! This video is ONLY to show you how patterns repeat… and the only way you can train your brain properly is to train it with the REAL Logical Forex Templates!

Now, have fun with this, and then…

TRAIN YOUR BRAIN USING MARKET REPLAY AND SINGLE STEP exactly as I describe in the Premium Videos, and have even talked about elsewhere on this blog.

Scalping Forex Patterns
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NOTE: If you need Market Replay Data so you can practice, just Open a Support Ticket using “Market Replay Data” in the Subject, and we’ll grant you access to one month of data.

-Greg


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