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PROVEN FOREX TRADING

MONEY MAKING STRATEGY


JUST 15 MINUTES A DAY

FOR BEGINNERS AND STRUGGLING TRADERS

By Caroline Ayuk - Professional Forex Trader

© eWinst –www.bestforextradingcenter.com
LEGAL
This kindle e-book has been created and authored by Caroline Ayuk of
Bestforextradingcenter.com. The indicators are provided for free and under
no circumstances are you permitted to distribute this e-book.
ALL INFORMATION CONTAINED HEREIN IS INTENDED
FOR INFORMAL EDUCATION PURPOSES ONLY. ANY
ACTION YOU TAKE BASED ON THE INFORMATION
FOUND HEREIN IS DONE SO AT YOUR OWN RISK.
NFA & CFTC REQUIRED DISCLAIMERS
The rewards in Foreign Exchange (Forex) trading are pretty substantial.
However, the risk can be very high for those who don’t prepare well. By
being aware of these risks and being willing to accept them, you can invest in
Forex markets. To invest in Forex markets, consider your investment
objectives, take your education seriously and don’t invest with money that
you can’t afford to lose. We do not offer any guarantees - you take this
course at your own risk. Past performance is not necessarily indicative of
future profits. The results mentioned are ours and are no indication that you
will produce the same.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE
RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL
PERFORMANCE RECORD, SIMULATED RESULTS DO NOT
REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE
NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-
OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN
MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED
TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE
FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF
HINDSIGHT. NO REPRESENTATION IS BEING MADE THAN ANY
ACCOUNT WILL, OR IS LIKELY TO, ACHIEVE PROFITS OR LOSSES
SIMILAR TO THOSE SHOWN.
FCA REQUIRED DISCLAIMER:
Forex carries a high degree of risk. You capital is always at risk because the
product is highly leveraged. Therefore look at your financial goals and
capital, because this may not be suitable for you. You can lose more than
your initial investment. You should ensure you understand all of the risks. By
undertaking these types of high risk trades you acknowledge that you are
trading with your available risk capital and any losses you may incur will not
adversely affect your lifestyle. The high degree of leverage can work against
you as well as for you.
© eWinst –www.Bestforextradingcenter.com
Introduction
Chapter 1
The money
How will you make money?
Chapter 2
Trading Mistakes
How to overcome these mistakes
Taking profits too early
Changing trading strategy too often
Over trading
Allowing losses to run
Not following my trading plan.
Focusing on too many currency pairs
Listening to the opinions of others
Chasing trades
Chapter 3
Your Trading Business “A failure to plan, is a plan to fail”
Trading Environment or Home Office
Trading Plan
Chapter 4
Market Timing (End of day)
Chapter 5
Charting Tools
Charting tool Linear Weighted Moving Average
The next charting tool is the Bill Williams’s Fractal.
Chapter 6
The Proven Forex Trading Strategy
A Step-by-Step Guide to Entering Trades Like the Master Trader
A Step-by-Step Guide to Manage Trades Like the Master Trader
Initial Stop Loss
A Step-by-Step Guide to Exit Trades Like the Master Trader
Exiting Rule
Chapter 7
Risk Management and Self-Discipline
Chapter 8
Back Testing the Proven Forex Trading Money Making Strategy on
GBPUSD
CHAPTER 9
Personal Development
CHAPTER 10
Conclusion
Introduction

Do you want to trade forex for a living just like I do? If your answer is yes,
then this proven and actionable, profitable, forex trading strategy can lead
to consistency and confidence.

With confidence and consistency, your trading can be a lot more profitable
because you will trade less and focus on money management. The best part
is that you need only 15 minutes a day to go through the currency pairs
that move in this Foreign exchange market.

You will avoid the mistakes that many beginning and frustrated traders
make. I made these mistakes and learned from them to become the
profitable trader that I am today. How will this help you?

Well, if I knew then what I know now, I would have reached my goal of
profitability faster and would have avoided all the trading stress that I
experienced. Losing a lot of money is not fun.

With this course, you have the opportunity to avoid trading stress, reach
your goal of profitability faster and you will not lose a lot of money. You
will keep your losses small and maximize your profits. You will trade
without the fear of loss.

This strategy is proven and will work for those who are patient to wait for
the setups and the triggers. You will have an average of two trades a
currency pair. The value you will gain from this course will definitely
change the way you look at the forex market and you will know that while
it is not easy, it can be made simple.

And those who keep it simple will become self-empowered, confident and
consistently profitable forex traders. Are you ready to become a self-
empowered, confident and profitable forex trader? If yes, then let’s get
started.

Tip: Profitable traders find one or two strategies that work for them and
they repeat it over and over again. In the trading world, repetition is a good
thing. This is one of those strategies you can put in your tool box as a trader
and just repeat over and over again. There is no guesswork in this forex
trading strategy. If you follow the simple trading rules for setup, entry and
exit. The only thing I ask of you is that you should be patient and wait for
the setup and the trigger. Sometimes you will have to wait for days before a
setup. If you can do this, you will enjoy the fruits of patience as a trader.
For long term profitability, you don’t have to trade every day.

The platform that I use is MetaTrader4 (MT4) and you will need MT4 too.
The indicators used in this trading strategy are common on all MT4
platforms. Many good brokers offer this platform and all the necessary
indicators. If you are in Europe or Asia, and you want to open a live
account so that you can follow the setup from the same broker, then feel
free to go to:

http://bestforextradingcenter.com/bestforextrades/open-account/

This is my brokerage firm and they offer a free bonus of $30 to new traders.
You can take advantage of it and open a real account, without risking your
own money and start practicing this strategy. Your charts will look the
same like mine. However, you can change the colors to suit your style. I
have been trading with this broker for years now and have never had a
problem. Very professional, I may add.

Warren Buffet follows the strict rules of his investing strategy. My hope is
that you will follow these simple rules to the tee and make it happen for you
and your family.

You need just 15 minutes a day to go through the currency pairs that make
the most money. There are 100+ currency pairs, 7 are the most profitable,
but you can add three more to make it 10.

*USDCAD*USDJPY*EURUSD*GBPUSD*AUDUSD*EURJPY*GBPJPY.
If you would like to use a simple, low-risk, strategy of making consistent
profits, then keep reading.
Chapter 1

The money

When I started trading, I made a lot of money and I lost it all. It was very
frustrating, but I never lost my vision of becoming a successful trader. False
sense of confidence let me to believe that I could do it without following
my restrictive rules. For a while, I made lots of money doing so, however,
you guess it right, I lost is all in just a few trades. You see, the market will
do what the market wants to do. After a few years, I quickly realized that
sticking to the rules is the way that successful traders make it happen. So I
stopped, and really started testing this plan and this strategy. I tried different
plans before, but this one stood out for me.

When I stopped focusing on the money and instead focused on the trading
process, things changed dramatically. Then I transitioned from lower time
frame to daily and weekly, things improved exponentially.

I got my trading capital ($25,000) by winning a competition (FXCM King


of the Micro). It was a micro account competition. So the lot sizes were
small. I decided to include the results of this competition so you can see
that trading small lot sizes in the long term can build up a substantial
account. This strategy won the competition, taking a $540 account to
$6000+ in a month. See published results here.

This result is to impress upon you that the journey you are embarking on is
a worthwhile trip and to let you know that there is money to be made
starting a forex trading business.

Can you do it? Well, I do not know you. However, I know you are
teachable and I will walk you through, step by step, to show you how to
succeed. I can show you how to succeed, but you will be the one
responsible for your success. Agreed?

Alright, let’s continue. You have to see yourself succeeding before you
even get started. If you can guarantee to follow the system as explained, I
can guarantee you will begin to experience success. Keep practicing and
practicing and practicing. Execution of this strategy should be flawless. If
you can flawlessly execute this strategy every single time, you will see
huge improvement in your trading results. If you are a new trader, you will
experience success faster than most traders.

Focus on the process of trading, and the money will follow. Ignore the
trading process and the money will quickly exit your trading account to the
account of those who follow their trading process.

Can Money Be Made In The Forex Market?

*George Soros made €1,000,000,000 (1billion Euros) in 1 day

*Larry Williams turned €10,000 into €1,100,000 in 1 year

*Alex Gerchik, Day trader hasn’t had a losing year since 1999

*Ed Seykota started with €5,000, and made €14,000,000 in 13 years

*My results in a month from €540 to €6000.

You have seen the results. And the rest, as they say, is history. What will
your history be? Will you be our next success story or will you just read
through this, throw it away and then head off to the next Holy Grail? There is
no holy grail, but I promise you, if you can work through this and implement
the simple trading rules, you will become a confident, self-empowered and
successful forex trader.

Trading is hard and difficult because no one can predict the direction of the
markets you can only focus on your trading plan. You have to be aware of
this truth before embarking on your trading journey. Therefore, I encourage
you to believe in yourself and give yourself a chance to learn the right way.
We are going on this journey together. If you are a beginner, you will be
starting right. If you an intermediate trader frustrated with your results, your
trading can be a lot profitable than what it is now.
This trading approach will enable you to grow your account exponentially
from year to year, enrich your life from the profits generated, providing you
with more free time and you can trade stress free and grow your trading
business. This style of trading requires patience. Patience is the key to
execute your trading plan flawlessly. And successful traders are traders who
have a plan and execute that plan flawlessly.

How will you make money?

From statistics of this trading methodology, just from one currency pair-
GBPUSD, for a year we generated an average of 20 trades and made 3680
Pips from the trades. Trading a standard lot size, that is $36,800/year, a mini
lot size will be $3680 and a micro lot size will yield $368, from one currency
pair. This is on average. Pip value in dollar differs slightly per currency pair.
But don’t worry about it. Just use the average of a pip being $1 for mini lot,
10 cent for micro lot and $10 for standard lot size.
Now that you know there is money in the trading business, let me explain the
mistakes that most traders make and how to avoid them. These mistakes are
made by traders repeatedly. I made them over and over again. However, I
learned from my mistakes when I started evaluating my losing trades.
Remember losing is counted as cost in our trading industry. If you count the
losses as cost, it is easier to emotionally detach from losses. Let me address
some of the struggles and mistakes that traders make and how you can avoid
them from now onward.
Chapter 2

Trading Mistakes
I did a survey of traders from across the globe and this is the results that
came in.

From this statistics, you can see that the top problems are taking profits too
early, over trading, changing strategy too often and allowing losses to run. I
made these mistakes and learned from them. This trading strategy is
designed to solve these mistakes and struggles. As you pursue this strategy,
I want you to keep these mistakes on site. Print these statistics and display
them where you can see them while trading. Make a decision not to repeat
these mistakes. The only way to avoid these mistakes is to follow your
trading plan, the entry setup, trade management process and the exit setup.
How to overcome these mistakes

Taking profits too early

The remedy for taking profits too early is to stick to the exit rules of this
trading strategy. If you don’t get an exit signal, just allow the trade to play
out. The exit plan includes initial stop loss, profit target and how to get out
if the trade did not reach the profit target and turned in the opposite
direction. You will see this in the exit rules under the Proven Forex trading
money making strategy.

Changing trading strategy too often

Trade this strategy for at least twelve months and you will overcome the
problem of changing trading strategy too often. Most successful traders find
one or two strategies that work and they repeat it over again and again. It is
a decision. Don’t worry about the draw down periods. Just focus on
executing this strategy. Forget the forums, unsubscribes from newsletters
and stop watching more youtube videos on new strategies. You can watch
on matters like psychology, but again the psychology is within you. If you
keep a cool head and focus on this strategy, you will soon discover for
yourself that it works.

Over trading

In this trading strategy, you only check your charts once a day. It takes about
15 minutes a day to look for setups, triggers and manage your trade. You will
not be sitting in front of your computer following every move in the market.
You will avoid over trading following this trading strategy. I over traded
when I was trading of shorter time frames like 4 minute and 1 minute. Now I
am laser focused and only trade when there is a setup and a trigger.

Allowing losses to run

With this trading strategy, your initial stop loss takes care of the losses. You
will not lose more than your 2% maximum risk per trade. Your edge is
placing 20 trades following the strategy as out lined. If you can do so, and
never move your stop loss, but follow the plan, then you will not allow
losses to run. Profitable traders have learned this lesson. There is no way
you can allow the losses to run, if you follow this trading strategy and
execute it flawlessly. That is your edge.

Not following my trading plan

You need to develop self-discipline to follow your trading plan. Do not


compromise the answers to the questions regarding the setup and the trigger.
It is a decision and your intention should be to follow the plan. Be intentional
with your trading. Decide that you are going to stick to the rules and visualize
yourself sticking to your rules every day before your trading hour. My time is
23:00pm every day. So I take some time about 22:00 visualizing how I am
going to stick to my rules by focusing on answering the questions. Any
discrepancy in the answers, I ignore the trade. No body, no system can
remedy this mistake, only you. Ask yourself this question every time you
want to go away from your plan. “Is this part of my plan?” If the answer is
no, then don’t do it. Remember to treat this as a business.

Focusing on too many currency pairs

You should be looking at seven currency pairs with this strategy. You can
look at 10 within 15 minutes because it is long term, you do not really have
a problem of trading many pairs. It’s OK, however if you are trading of the
lower time frame, like 5 minutes, then you will be very confuse even to
monitor 4 currency pairs. I know a very successful forex trader who trades
only the GBPUSD. He does not trade anything else. He is laser focused on
this pair and does well. You can also decide on limiting your trade to just
one currency pair and become an expert in that pair. This problem arises
when you are trading shorter term. When I trade short term I only focus on
one or two currency pairs. It is also a decision that I made. Therefore make
a decision to stick with the daily time frame to overcome this problem.

Listening to the opinions of others

When you start trading and you focus on your plan, there will be no need to
listen to the opinion of others. You will be deliberate with every trading
business decision that you make. I overcame this problem, by unsubscribing
from newsletters that I no longer needed, stopped going to forums and
stopped listening to the talking heads on Bloomberg or CNBC. If you can
focus on the trading plan, there will be no need to check with other people.
The reason you check with other people is to give you a sense of
confidence, you only need to focus on your trading plan. If you don’t have
one, it is easy to tune in to listen to others. But this strategy has a clear plan
of action for you. Just trade the plan.

Chasing trades

Chasing trades is also very common with day traders. The only way to
continue struggling with chasing trades is to ignore your trading plan. If you
stick to the trading plan of this strategy, you will never find yourself chasing
trades. Trading becomes fun, because you know if you miss a trade, there
will always be another trade. You chase trades when you sit in front of your
computer all day and follow all the normal ups and downs move in the
market. No need for this, if you trade just 15 minutes a day.
The bottom line is this, when you are using a proven trading strategy like
PFTMMS, you will avoid almost all the mistakes and struggles that traders
face. Stick to the rules and implement the strategy flawlessly for at least 12
months.

Most of these mistakes are made because traders trade on a short term basis.
If you are a beginner in forex trading, then trading off the daily charts just
15 minutes a day will help you overcome emotional trading and put you in
the path of profitability. You will avoid the adrenaline rush that forces
traders to make these mistakes, watching the charts all day long.

If you hear that 90% of traders lose money in the markets, these mistakes
are the reasons why. So you are already ahead of most traders and knowing
this information and how to remedy the mistakes. So let’s get started with
the trading business.
Chapter 3

Your Trading Business


“A failure to plan, is a plan to fail”

Trading is a business and you must treat it as such from the very beginning. It
will serve you well. Have you ever seen anyone with a successful business
without a clear plan to reach their business goal? Many traders start out on
the wrong path by treating trading as a hobby or just gambling, and playing
around, wishing something happens.
Trading is a business and if you treat it as a business, then following your
plan will make sense to you. But if you treat it as a casino, then you will not
follow the simple plan laid down on this course. The trading business has real
running costs and requires a business plan and business structure to be able to
accomplish the business goals.

Revenue In A Forex Trading Business

Profit from trading will only happen if your revenue is more than your costs.
That is how business works. Our winners yields profits and our losses yield
costs. As you start thinking in these terms, you will not attach your emotions
to your losses, but you will treat your losses as business costs. Profitable
businesses minimize costs and maximize profits. This knowledge alone, will
allow you to follow your trading plan and structure every time you approach
trading without the fear of loss. If you allow your losses to be more than your
revenue, you will go out of business. In trading, like in any other business,
keeping the costs low is your goal. Experienced and profitable traders keep
their losses small and allow their profits to run. You have to become a master
of small losses. Profitable traders manage their losses and only focus on the
trading process because they understand their system and are not afraid of
losses anymore.

Losses Will Teach You A lot About Your Business


As a trader, your losses, as mentioned earlier, are the most costs you will
incur in your business. The best thing is that you can effectively manage the
losses. Losing is not fun and you will find it very unpleasant however, this
course is designed to help you cut the losses short and let the profits run.
Reporting losses is not always easy for any business. While it is not pleasant
to lose money, in forex trading business, successful traders have learned to
evaluate their losses, to gain great insights into their trading. You should do
the same too. You will learn more from the losses than from the winning
trades. I read this Oliver
Valez quote some time ago and have never forgotten it: “Our wins,
although enjoyable, teach us nothing. It is our losses that lead the way
to trading mastery.” Do you know why? Well, it is because your losses
will tell you if you are sticking to your rules or not. You can make your
losses work for you, by evaluating every loss. You will learn a lot about
your business by doing this exercise either every time you experience a
loss. Here is how you do it.

When you experience a loss, evaluate the trading process, before you place
the next trade. The reason why the trade fail, will tell you a lot.

Here are the two main reasons why a trade will fail

· You followed the rules to the tee, however the market does its own
thing and fail to go in your direction

· You completely fail to follow the rules in the trading strategy

This evaluation must be done every time you lose a trade. If you followed
the rules and the market does its own thing and fail to go in your direction,
though you lost the trade, you indeed won the trade. You can keep your
head up high, give a tick on your book and get back in the market and place
your next trade.

On the other hand, if your loss was based on point number two, meaning
you failed to follow the rules then you may be in big trouble. Go back to
chapter two and read how to overcome the struggle of “not following your
trading plan”

Follow the recommendation from chapter 2 and make a commitment to


learn from your mistake and make a decision never to make that mistake
again.

Remember the quote by Oliver Valez, “Our wins, although enjoyable,


teach us nothing. It is our losses that lead the way to trading mastery.”

Don’t beat yourself up for making this mistake. I used to beat myself up for
stupid mistakes that lead to losses, but did not worry about it when it
generated profits. But this was very wrong, because it gave me a false sense
of confidence. If you win a trade without following the rules, you may be
domed in the long run if you continue ignoring your trading rules. Don’t do
it, just commit to not making the mistake again. A strong self-confidence to
execute your trade flawlessly is the key to trading success.

Besides your losing trades, there is spread from your broker. Every trade
you take costs you something small. The more you trade, the more costs
you will incur. Your broker wants you to trade more, but they will not force
you to trade more. Some brokers have commissions as well. Include all
these to forecast your revenue in your trading business accounting. You
will see that an average of 20 trades per currency pair a year will give you
140 trades a year from 7 currency pairs. However, if you analyze my results
above, you will see that I took 167 trades for a month. So, day traders incur
more costs than swing traders who trade from a daily chart at the end of the
day. Swing trading will keep your spread and commission costs low. As an
entrepreneur, you want to minimize costs and maximize profit. This course
is designed to help you keep the costs low and maximize revenue from your
trading activities.
Trading Environment or Home Office

It is very satisfying to trade in a clean environment. Some traders enjoy


trading from multiple screens and some trade using a single computer or
laptop. I do trade from a single screen. That is the only cost you really need
in setting up your trading environment. Keep your trading office clean and
clear. You can work on your laptop, but I still own a desktop computer. I
find it more comfortable than a laptop. Choose whatever you prefer. Just be
comfortable when you trade.
Trading Plan

Have you ever met a successful entrepreneur without a clear business plan?
No, you will not meet any. Trading is also the same and you will never
meet a successful trader without a trading plan. So if you are going to
succeed, here is a simple plan you can adopt for yourself.

Set goals for your trading business. Your goals must be specific,
measurable, attainable, realistic and timely. For example, 200 pips a month
on one currency pair is a good target. This is a target that is attainable.
What you should do next is create a trading plan if you don’t have one yet.
A simple, yet concise, trading plan is necessary for running a successful
trading business. Work on your trading plan by adopting the example
below.

What should you include in your trading plan?


This is a trading plan example for you to adopt

Set Your Trading Goal

Use SMART goal tool to guide your trading goal setting. Remember, high
performance in any field is accomplished by people who set clear goals.
SMART is an acronym that stands for:

Specific - Your goal must be specific. For example, instead of stating, I


want to make more money from my trade, which is very vague, you can
state, I want to make 4000 PIPS a Year.

Measurable – New traders make this mistake all the time, they want to
make a lot of money in the market. But you cannot measure a lot of money
or a fortune. Your goal must be measurable. If your goal is measurable,
then you will know when you’ve reached it and be able to monitor your
goal to know when you are close to reaching it.

Achievable – Your goal must be achievable. Let it be within your reach


based on your skills and abilities. Let’s say your goal is 20 PIPs a day. You
have a higher probability of reaching this goal than making say a million
dollars in your first year.

Realistic – Is your goal feasible? It should be challenging but within your


capabilities. There are many traders who make millions of dollars a year.
However, this will not be a realistic goal for a new player in this market. So
set a goal that is realistic. Yes, like 400 PIPS a month.

Timely – Time is an important factor. You see realistically, you can say 400
PIPS a month. Now you are giving your goal a time period within which to
reach it. Without a time limit, you may not achieve your goal.

So let’s focus on the goal of 400 PIPS a month as we continue with this
specific, measurable, achievable, realistic and timely goal.

The goal of my trading account is to make 400 Pips a month and to


maintain it. I will not withdraw any money until I make 4000 PIPS. (This is
a simple goal) and that is what I want you to do. Keep it simple.

Market – What will you be trading?

I will be trading the spot forex market.

AUD/USD,EUR/USD,EUR/JPY,GBP/USD,GBPJPY,USD/CAD and
USD/JPY. These are the most traded pairs. Limiting to a few pairs will
keep me focused. I will trade only at the New York Close (09:00pm GMT
which is 23:00 Central European Time). I will hold my position until there
is an exit signal, which could be my stop loss, my target, or the appearance
of an opposite signal.
Business Work Week

I work Monday to Friday and take all the time off during the day and check
my charts at New York Close.

Trading Style/Time frame

I will be swing trading and focus on trading two charts: the daily chart and
the weekly chart. I use the weekly chart to see the bigger picture and the
daily chart to identify entry levels for my positions.

Analysis

At the close of New York session each day, I will take a look at the
economic calendar of the forex market for the day ahead at dailyfx.com. I
will pay particular attention to fundamental data that could affect the trades
that are open and currency pairs with potential trading opportunity. I will
check the OsMA, 8-day WMA, 10-day WMA and Fractal indicators on
my chart.

These four parts of the trading plan are detailed in the trading strategy as
will be explained in Chapter 6. Your plan should include: the specific chart
setup, the general trading rules, the specific entry rules, and the specific
trade and money management rules.

As you work on your business trading plan, ponder on questions like:

What rate of return do I want per year?

Do I want to trade long term or short term?

Can I handle the intellectual and psychological demands for this


profession?
Do I want to trade for a living or just make some money on the side?

Which full time trader can I emulate and why?

Do I really need a mentor in this trading business?

Most successful traders have figure out the answers to all these questions,
they are very relaxed and their plan is their business. Following the plan is
their job. To become a successful trader, you need to complete your plan
and develop the self-discipline to follow it. That is all there is to successful
trading. As you trade every day, write down your thoughts and keep a
journal.

Keep a Trading Journal

Keeping a trading journal is an important part of your trading business.


Journaling your trades will help you develop good habits. Help you spot
mistakes, and help you improve upon and repeat the behavior that leads to
profitable trades and avoid behavior that leads to losses. Remember the
Oliver Valez quote you read earlier: “Our wins, although enjoyable, teach
us nothing. It is our losses that lead the way to trading mastery.” The only
way you can look back and analyze your losses is by keeping a journal.
This trading strategy makes it easy to keep a journal because you have very
few trades and the trades last a few days.

What should you include in your trade journal?

You should include completed trades from entry to exit, stating the reasons
for entry and the reasons for exit. Again, this will reveal important
information regarding your trading business. It will show you if you are
conducting your business with diligence. This is the difference between
winning traders and losing traders. Which one would you like to become?
Let’s look at the timing of your trades.
Chapter 4

Market Timing (End of day)

Analyzing my results, you will notice that I traded a shorter time frame.
However, I will be the first to admit that market timing in a shorter time
frame is a skill that mostly experienced traders have learned over time. It is
a very difficult skill and it messed up my trading results when I got started.
Therefore, if you are still a struggling trader or a beginner, this strategy
should be executed in a daily time frame. Working in a longer time frame
like daily allows you to trade without all the noise that is generated in a
shorter time frame.

So to become a successful trader, I highly recommend you trade this


strategy on a daily chart. I do trade on a daily basis from the 30 minute
chart. However, the bulk of my income comes from trading the daily charts
which is the strategy in this course. With this strategy, you can allow your
money to work for you, while you do the things that you love. This is how
the wealthy make money, without trading hours for dollars.

When you trade from the shorter time frame, like five minutes, you are still
exchanging time for money, but that may be the structure that suits you, if
you have the time. On the other hand, when you trade in the daily or weekly
time frame, then you can allow your money to work for you while you go
about your life and pursue other interests. You will avoid stress,
overtrading, emotional trading and all the common mistakes that most
beginning and frustrated traders make.

You need just 15 minutes a day to look through the charts of all seven
currency pairs. You start looking at the charts 15 minutes before the close
of the day and you will be able to pinpoint the charts of interest at the close
of the day. You will look at your charts just once a day, at 23:00 Central
European Time which is 17:00 Eastern Standard Time. You can convert
this time to your time zone to trade this strategy.

Look at a broker whose new day candle begins at 17:00 Eastern Standard
Time. For European, African and Asian traders, you can open an account
with this broker. Forex trading can be simple, but too many times we
complicate it. Don’t be a victim of this complication. Watch your chart
once a day, if you find a setup based on the trading rules then you enter the
trade. If there is no setup, walk away and wait till the next day.

So, trading this strategy will keep your trading simple, timing will be
effective, emotions will be in check and you can focus on executing, trade
management, making PIPs and keeping PIPS. If you don’t want to learn the
strategy yourself and just want someone else to send you the signals
between 23:00 and 00:00 CET, then visit here and subscribe, otherwise
continue with your education.
Chapter 5

Charting Tools

Charts tell us what we need to know. Charts do not lie. The chartings tools
that are used in this system will help us get in and out of our trades. All of
our entry and exit points are based on technical analyses. There is no
speculation on your part on what to do. The rules are clear, there is either a
setup, a trigger or there is none. You will enter the trade only if a
combination of factors line up in your favor.

Markets move when there is an imbalance between sellers and buyers. The
combination of indicators and the price action helps us to pinpoint
imbalance. For example, if the price has been going up, meaning there are
more buyers than sellers, we will be looking for a scenario where sellers
begin to return into the market. As traders our job is to find the right time
when an imbalance is happening and a change in power between the sellers
and the buyers has occurred and momentum is building. The indicator
combination and price action will lead to precision, giving us the edge that
we need to succeed.

Candles at the end of the day shows the visual representation of what
happens during the day. If price closed above the open, then the bulls
(buyers) are in control for that day. The blue candles are bullish.
On the other hand, if price closed below the opening price, it indicates that
the bears (sellers) dominated the day. The white candles are bearish days.

Your job as a trader is to find the dominant group at the right time and trade
with that group.
I use the MT4 trading platform and it has many in-built indicators including
the three that are used in this strategy. There is no perfect indicator however
we have discovered that the combination of these three indicators work best
for this trading strategy. Together with price action, they will keep you out
of ranging markets and let you get in when a trend is developing. The
Linear Weighted Moving Average, Bill Williams’s Fractal and the OsMA
are the three indicators that we use in this system.

Let’s begin by selecting the Linear Weighted Moving Average


Charting tool
Linear Weighted Moving Average
(LWMA)

Moving Averages (MA) are mathematical items that add up prices during a
selected time period and average them out. This eliminates the noise that
occurs as the candles print. And we can see the overall direction of the
markets from the moving average slope. There are different moving
averages - simple, exponential and weighted. You can use any, but I prefer
you use weighted for this system. Let’s add the Linear Weighted Moving
Average to a chart. Follow this on your own MT4 platform.

10 LWMA apply to open and a shift of 1


See the chart after adding this indicator from your MT4 platform
Linear Weighted Average 8 applied to Close. See the chart after adding the
second moving average also linear weighted. This time it is applied to close
and no shift.
Those are two moving averages used in this very reliable trading strategy for
consistent profit.
Charting tool
Bill Williams’s Fractal.

There is a down fractal and an up fractal. We use the fractal in our system
as points of stop loss. Candlestick combinations for the emergence of
Williams’ fractals:

*up fractal: set of 5 (at least) consecutive candles, where the average has the
highest max;

*down fractal: set of 5 (at least) consecutive candles, the average of which
has the lowest min.

See the chart as we add the fractal


Charting tool
OsMA

The OsMA which is Oscillator-Moving Average, is a technical indicator


that we use to pin point trend reversals and momentum. Other traders may
use it to signal overbought or oversold, conditions in the markets. We have
developed our own effective use of OsMA which is different from what the
masses use.

When the OsMA indicator - histogram is positive, we look to buy if the


trade setup occurs. If the OsMA indicator-histogram is negative, we look to
see if the trade setup occurs. See the indicator on the chart.
Our chart is complete. It is pretty simple. We have two moving averages.
Linear Weighted Moving Average 8 applied to close, the moving average
Linear Weighted Moving Average 10 applied to open and shift 1, the fractal
and the OsMA.
Remember with this strategy you need just 15 minutes a day, you can and
will catch large market moves by entering the markets with precision, just
when a trend is about to begin.
Let’s get started with the detail explanation of the Proven Forex Trading
Money Making Strategy (PFTMMS). Are you excited? After explaining
the system, we will go through the daily charts of GBPUSD for two years to
reveal setups based on the system, so you can follow on your historical
charts too. This back testing together is very important. You will see what is
possible by sticking to the rules of this trading system.
Chapter 6

Proven Forex Trading


Money Making Strategy
(PFTMMS)
A complete trading strategy is made up of the Entry Strategy, Trade
Management Strategy/Money Management and the Exit Strategy. We are
going to begin with a step-by-step technique for trade entry. The most
important step of any trade is the entry. If you get the entry right, your trade
is 80% done. The remaining 20% consists of the trade management and the
trade exit. Let’s get into the entry rules. These rules are important because
they determine your success as a trader if you follow them.
Every single trade you place exposes your hard-earned cash to losses. What
does that mean to you as a trader? It means you are in the driver’s seat and
have to watch your capital like a hawk. Our approach is systematic and
streamlined and control is completely in your hands. Be sure to trade
wisely, invest your money in the right way to minimize risk and maximize
profits. Every entry will include an entry price, an initial stop loss and a
profit target. The entry will either be a Buy or a Sell. Let’s delve into the
important step of entering the trades in forex using a technique that has
served me very well as a forex trader.
A Step-by-Step Guide to Entering Trades Like the
Master Trader

All entry should be done at the open of a new day candle at 23:00 CET
which is 17:00 EST. You can flip through all the seven charts within 15
minutes. At 23:00 CET switch your machine on and start looking at your
charts. You will either be closing open trades, managing open trades or
placing new trades.

Entry Rules to Buy

At the end of day at 23:00 CET and a new candle opens, answer the follow
questions. If you answer yes to all the questions, then you can enter the
trade.

*Is the low of the candle above the 10 Weighted Moving Average?

*Is 8 Weighted Moving Average above the 10 Weighted Moving Average?

*Is the OsMA positive?

If the answers to all three questions are yes, then you have a setup candle to
buy, but not the trigger to enter the trade.
*Is the close of the setup candle equal to or less than 60 PIPS from the
8WMA?
If the answer is yes, then the setup candle also qualifies as a trigger. You can
enter your trade.
If the close of the setup candle is further than 60 PIPS from the moving
average, then place a pending buy order of 60 PIPS from the 8 WMA.

Where do you place your initial stop loss?


(Low of last down fractal)

When you enter your trade, place the initial stop loss at the low of the last
fractal. And place your target at 1.5 times the initial stop loss. (This is one
way to exit the trade, see details on the exit strategy)

Manage your open trades accordingly and shut down your computer and walk
away till the next day at 23:00 CET. Let’s look at a chart example, so you can
understand the rules. It takes a minute or two to see this on a chart. That’s
why you can flip through 7 to 10 charts within 15 minutes.
BUY Entry Chart Example.
You can see how clear this example is. Check the rules against this trade.
At point A, the low is above the 10 WMA check, the 8 WMA is above the
10WMA check and OsMA is positive.

There was no trade from the beginning of the month of April, 2015. Setup
occurred at point A, after 12 days of trading without a setup on this pair.
The setup candle did not qualify per our trading rules for entry. So we
placed a pending buy order at 1.4860 and this was triggered 3 days after the
setup candle. At point D, 6 days later, the profit target was triggered. This is
the simplest form of trading. From setup to profit target was 9 days. You
waited patiently and you got rewarded with a hefty profit of 444 pips.

Can you repeat this over and over again? I am sure you can. I trust that you
will follow these simple rules and make it work for you.

What do you do every day at 23:00pm after placing your trade, you simply
check for new setups and manage your open positions if you have trades
open.

When price move half of your initial stop loss in your favor, move your
initial stop loss to breakeven. That is all the work you have to do when you
place your trade.

Entry Rules to Sell

At the end of the trading day at 23:00, answer the follow questions. If you
answer yes, to all the questions, then place your sell trade.

*Is the high of the candle below the 10-LWMA?

*Is 8 WMA below the 10-LWMA?

*Is the OsMA negative?

Is the answers to all three questions yes then you have a setup candle to sell,
but not the trigger to enter the trade.

*Is the close of the setup candle equals or less than 60 PIPS from the 8-
LWMA?

If the answer is yes, then the setup candle also qualifies as a trigger. You
can enter the trade.

If the close of the setup candle is further than 60 PIPS from the moving
average, then place a pending sell order 60 PIPS from the 8 WMA. If any
of the answers is no, then you skip and go to the next currency pair.
SELL Entry Chart Example:

At point A, the high of the candle is below 10 WMA, 8WMA is below


10WMA, and the OsMA is negative, therefore there is a setup to go short.
However, we have to check if the setup qualifies as a trigger. And yes, it
does qualify as a trigger because the close of the setup candle is less than 60
PIPS from the 8 WMA. A sell trade is entered at market price and as you
can see from the chart. Within 3 days, the target was triggered and you get
rewarded with 294 PIPS.

There is your holy grail of trading, a profitable yet simple way to enter the
forex market like the Master Trader. Be patient and your waiting will pay
off.
A Step-by-Step Guide to Manage Trades Like the Master
Trader

We have already learned that losses are part of the trading business. We
treat the losses in trading as business costs. Since costs is a permanent part
of running a business, and successful businesses manage to minimize costs
and maximize profits, your job as a trader is to manage the losses and keep
them small, so that you can maximize your profits.

One of the struggles of losing traders from our survey earlier is allowing the
losses to run while cutting the profits short. On the other hand, successful
traders cut their losses short and allow their profits to run.

This is where trade management comes into play. How do you manage
trades such that the losses are cut short and the profits run? Let’s look at the
initial stop loss that we placed in our last trade example.
Initial Stop Loss

The initial stop loss will guarantee that you never take an unexpected loss.
That means, whenever you place a trade, your initial stop loss does determine
how much you invest in the trade. In the proven forex trading money making
strategy, the initial stop loss is placed above the high of the last up fractal
before the setup candle in a sell setup as seen in the chart point B. This gives
you an assurance that if this trade fails as some will then you know precisely
how much you stand to lose. This is acceptable as costs for your business.

The initial stop loss is in this sell trade example is 196 PIPS from the entry
and this gives the trade enough room to run while keeping the initial stop loss
at minimum. Keep your eye on the chart, at the close of day 2, the trade had
moved about 126 pips.
In managing this trade, the initial stop loss is moved to lock in 5 PIPs in
profit. So whatever happens from this point, this trade will still end up a
winner. If the trade moves a full 196 PIPS in your favor, move the stop loss
to lock in half of that move which in this case would be 98 PIPS.
This will enable you to trail the move until price triggers the profit target or
price pulls back and hit the stop loss. This is the way to let the profit run,
while cutting the losses short.
In this example, the target was triggered within three days.
In a buy setup, the initial stop loss is placed on the last down fractal before
the setup candle for a buy setup. Examine the chart and you will see that the
initial stop loss was placed at point C.

This buy trade also closed in a healthy profit. Placing your stop loss this way
gives the trade enough room to play out and in this case it did as expected. So
initial stop loss is like an insurance policy for your trading business. Use the
initial stop loss to protect your capital.
Now we are going to look at moving your initial stop loss to breakeven and
finally we will look at trailing stop losses after reaching breakeven level.

Getting to breakeven
How soon should you move your initial stop loss to breakeven? You move
your stop loss as soon as it is safe to do so and you are going to move it in
one move. In the sell example chart, on day 2, the initial stop loss was moved
to 5 PIPS below breakeven. This gives the trade room to play out while
protecting profits. What do you do from breakeven? Let’s take a look at
trailing stops.

Trailing stop losses after reaching the breakeven


You place the profit target at 1.5 times the risk. For example, the buy trade
example had about 296 PIPs in stop losses. So the target was 296 + 148
giving you a total of 444 pips, the buy trade example we examined earlier.
Let’s look at it again.

Within 7 days the profit target was triggered. So how do you trail your stop
from the breakeven? If your trade moves full 296 PIPs from your entry, move
the stop loss to half of the move to lock in 148 PIPs. This will enable you to
trail the move until the profit target is triggered or price pulls back and hit
your stop loss. This is the way to let your profit run, while cutting the losses
short. In this example the stop loss moved one more time from the breakeven
point to lock in 165 pips on day 5 of the trade and the profit target was
triggered on day 7. See chart.
Trade management is about managing your stops to get out of losses fast.
Immediately the market gives you an opportunity to move that stop loss to
break even or lock in 5 pips, do not hesitate. Now let’s consider the exit
strategy.
A Step-by-Step Guide to Exit Trades Like the Master
Trader

Profitable traders are master traders, because they’ve mastered the skills of
entering the market at the right time, the art of managing the trades and
they’ve mastered the art of exiting the trades with maximum profits or small
losses. After this lesson, my hope is that you too will be able to exit your
trades like the Master Trader with maximum profits or very small losses.
Let’s now see how to properly exit trades so as to maximize the profits the
market offers.
The example we used already from the sell trade of 3rd March, 2015 is a good
example to illustrate the exit strategies. The rules of the exit strategy are very
important, because it leads to capturing the big moves in the market.

Exiting Rule

Knowing what to do at every stage of the trading process will enable you to
act with confidence. If you know what to do at the end of each day at
23:00pm CET, you will start acting with confidence and you will start
trusting your trading system. The exit rules are as follows:

The three ways to exit a trade


First, if price move in the opposite direction than what you expect and hit
your stop loss. That is OK. You’re out. Evaluate your trading process. If
everything went according to the rules, then you succeeded though it is a lost
trade. Your goal is to enter and exit trade based on your rules. So a loss is not
always a loss. If you followed your rules, this loss is actually a win.

Secondly, if price move in the right direction and hit your profit target then
great. This is what you will experience most of the time with this strategy.
Within a few days, your trade will hit your profit targets.
Let’s look at the sell example again.

I like this scenario a lot. This is the reward you will get if you are sincerely
willing to get it done, by sticking with the rules no matter what.
The third scenario will occur when a signal in the opposite direction is
generated while the trade had not reached the target or has not hit the stop
loss.
In this case, you exit the trade and wait for a trigger to open a trade in the
opposite direction. This will happen, but not very often. If you stick to these
rules, you will cut your losses short and let your profit run. In this case, the
profit target was hit within three days of entry. We will definitely come
across the other scenarios when we look at the two years walkthrough of the
GBPUSD currency pair. Now that you have all the rules of entry, trade
management and exit, let’s begin the walk through. Pay attention to the trade
setups, and follow them on your own daily chart.
Before we go into the two years of back testing the GBPUSD, let me share
two things which are very important for your success. First, you have to
believe in yourself and promise yourself to follow the trading rules as stated.
This will require a lot of practice on your part. When you follow the trading
process, you will soon become confident that it works, even if you lose some
trades. We are going to talk about Risk Management and Self-Discipline
Chapter 7

Risk Management and Self-Discipline

Risk management is one of the skills you will have to develop quickly as a
trader if you want to become successful forex trader. Do it from your first
trade. Add this to your trading plan. I have kept is simple here so that you
understand how to calculate it for every trade.

Never risk more than 2% of your equity on any one trade and the maximum
open positions total risks should be 6% or less. So if you have 2% on any
one trade, then you can only have 3 trades maximum. However, if you have
your risk at 1%, then you can have 6 trades maximum open.

You can trade micro lots, mini lots or standard lot sizes in forex. This will
have drastic consequences for your trade.

To keep it simple, when you trade 1 micro lot, a pip is about 10 cents and 1
mini lot a pip is $1 and for standard lot size a pip is $10. You will calculate
your lot size based on the stop. For example, if you trade 5 mini lots, then 1
pip will be $5. If you trade 5 micro lots, then 1 pip will be 50 cents. If you
trade 5 standard lots, then a pip will be $50. So it is very important you
trade with the proper lot size.

Let’s say for the sell example we saw on the chart. Entry was at 1.5355 and
initial stop loss at 1.5555 and target at 1.5055.

If you have an account size (equity) of $10,000, 1% of $10,000 is $100. So


your risk on any open trade should be $100 or less. For a 100 PIP SL, here
is how you will calculate your lot size
For a stop loss of 200 PIPS, you will be trading 5 micro lots. This will give
me 50 cents per PIP and 50 cents times 200 is $100. However, since the
trade closed at a profit of 300 pips, you made 300 X 50 cents, so you made
$150 in profit.

The trading size is a very important factor of risk


management

When you trade large lots sizes, it could potentially increase your profits
however, you run the risk of losing big when it goes against you. You can
use this position size calculator here. You should bookmark the position
size calculator page, because you will need it every time you have to place a
trade.

Follow this simple trading risk management calculation and you will
survive another day to trade.

With a 1% risk on any giving trade and a maximum of 6% open trade that
means you can only have 6 positions open at a time. If you want to spread
the risk, and open more trades, then bring down your risk to 1% on any
giving trade. This will give you the opportunity to open more positions
without increasing your risks.

Self-Discipline
The Merriam-Webster dictionary defines discipline as “control gained by
enforcing obedience or order.” Discipline can be enforced by authority
however success in any area of life is possible for those who possess the
trait of self-discipline. Trading is no different. Every successful trader
possesses the trait of self-discipline. In more than 10 years of trading, I
discovered that self-discipline is gained by simply following my trading
rules. If you would do the same, you will become a self-empowered,
confident and successful forex trader.
Chapter 8

Back Testing the Proven Forex Trading


Money Making Strategy on GBPUSD
We are going to look at several illustrations from charts beginning from
January 2015 until December 2016. Open up your MT4 platform, so you can
follow along. See the labels on the chart. Follow these trades.
Can you come up with the reason why the trades fit the rules? I have marked
the entry and exits, with PIPS gain and pips lost in all the trades. You can use
the rules to determine why those were entries and exits.
This is GBPUSD for 2015 and 2016. I will explain the first chart, and you
will explain the remaining charts. Get a book and work through the charts
with me.
Copy the rules or print them out, so as we work through the charts, you will
look at the rules and see the setups. If you do this exercise, you will begin to
picture these trades going forward as you improve your analysis.
As you follow these trades, keep an eye on the candles at the beginning of a
new month. Do you see how many signals occur at the beginning of the
month? About mid-month, you can see some pullbacks and later
continuation. So note tall these observations. Make this one of your standard
strategy even if you are someone who like more action and thinks your style
is day trading. The long term trades will enable you to catch the big moves in
the market and our goal here is to help you become a successful forex trader.

Chart number 1 January to March, 2015


The first setup was triggered during the last week of December. You will hear
traders say it is not good to trade during the holiday period. It is true
however, this strategy is great and does not care about the noise that day
traders experiences. When there is a setup, take the trade, you never know
which trade is going to give you that huge profit. Trade number 1 opened in
the last week of 2014, closed on the third day of trade in 2015 for a good
profit of 330 PIPS. Fifteen days went by without a signal. This is the beauty
of this strategy. You don’t worry until you have a good setup. See the second
trade came around 15 trading days after the first trade with a profit of 255
pips and the trade lasted 14 days, without all the trading stress that most
traders experience. See trade number 3, a sell was a fast trade. Within 4 days
and closed at 300 PIPS.
As you can see you had just 3 trades on one currency pair in 3 months giving
the trader a total of 885 PIPs from 1 currency pair. Remember, you have 7 or
more currency pairs to trade. Let’s look at the second chart. Your job is to
figure out why the trades were taken. I have some labels on the charts. I will
just give you a summary of each. The more charts you look at following the
trade setups, the more you will begin to see as they unfold at the close of the
day.

Chart number 2 April to September, 2015


This chart is from April to September of 2015. There were a total of 8 trades,
7 winning trades and 1 loosing trade for a total PIP gain of 1547 PIPS. Now
after 9 months of trade, you have 11 trades and a total of 2432 PIPs.
Awesome! You keep your expenses low, because you enter high probability
trades.

Chart number 3 September to December, 2015


The third chart showed four profitable trades and two losing trades. The total
PIP gained for these trades totaled 757. So for the year 2015 the total PIP
gained totaled 3189 PIPS. This is just 1 currency pair. So imagine right now
what this mean for your trading business. What if you had an average of 2000
PIPS per currency pair? It will total 14,000 PIPS. If you trade a standard lot
per trade this is $140,000.
This is something you can do in a year with trading the Proven Forex Trading
Money Making Strategy. Let’s look at more charts.
Chart number 4 January to June, 2016

Take every trading and analyze it against the trading rules. This chart is from
January to June of 2016. There were seven trades in total. In this case they
were all winning trades. The first trade occurred on the first trading day of
2016. The seven trades yielded 1800 PIPs. Let’s look at the last half of 2016.

Chart number 5 July to December, 2016


The last six months of 2016 gave us 8 trades in total. All trades were positive.
The total PIP gained 345 +150+5 +330+345+315+200+250. This totaled
1940 PIPS. Alright, you have seen what is possible. The total PIP gained in
2016 trading only GBPUSD is 3740.

You will achieve this kind of results when you continue to improve on
yourself. Personal development in trading is very important. Using
visualization techniques to see yourself as successful will enable you to stay
strong and keep going when you experience drawdown in your account.
Profitable traders still make mistakes however they’ve learned to relax when
trading. They will plan every trade focusing on executing their plan
flawlessly.
As I became a professional forex trader, I realized that my growth actually
mimics my personal growth. I am becoming a high performer in other areas
of my life. I believe this is due to the routines that I started following when I
made the decision that I love trading and I would love to pursue it as a career.
So we will look at Personal Development to conclude this book and in it I
will share with you my daily routine, in the hopes that you can read through
and come up with your own daily routine, to help you become a better trader.
CHAPTER 9

Personal Development
High performance traders follow a daily routine for personal development.
Personal development is in my best interest and I hope you realize that it is
in your own best interest too. Following a daily routine for your personal
development will definitely affect your trading performance. Trading will
bring out the best and the worst of your emotions. When you are mentally
prepared for all eventualities, trading will become easier. I believe personal
development played a big part in my trading success. I live an intentional
life. Everything I do is intentional. I use my imagination every day.

Using your imagination

How you see yourself in your mind’s eyes matters a great deal. As you
begin this journey as a forex trader, begin by using your mind. See yourself
as a successful trader. It is an exercise that most people are not willing to
invest in. But if you do, you will definitely become one of the 10% who
pull money out of the market.

If it was easy, many people will be doing it. Do not focus on your past
failures, because this will only continue to affect your future success. All
successful people and traders for that matter, see themselves in their mind
as successful before it ever manifested itself in the physical. So you have to
vividly imagine yourself as a successful trader.

So picture yourself making 400 PIPS a month, remember our SMART


goals? That is your job now. See yourself hitting the goal of 400 PIPS a
month over and over again. How does it feel? Trading success all depends
on you and the truth is you have to power to make it happen for you and
your family.
My Visualization technique as part of my daily routine

How do I imagine myself as successful every day? Well, I learned this


technique a few years ago and it has worked and has helped me become a
better and more profitable trader. It is part of my trading routine now. I
hope you will make it part of your trading routine.

Here is what I do 30 minutes before my trading

I lie down on a couch, very comfortably. I make sure there is no distraction


and then I begin to visualize my trades and I see myself in the theater of my
mind buying and selling at the best setups. Lie on a couch 30 minutes
before you ever trade. Visualize your trades, and see yourself in your
mind’s eyes buying and selling at the best setups.

It feels like it is real, that is the point. My mind cannot determine when I am
just imagining or when it is actually happening for real. You can begin
imagining at this point the goal of 400 PIPs a month. See yourself placing
trades when the setups are good. See yourself coming back the next day at
23:00 CET and the trade has moved in your favor. See yourself closing the
trade at a huge profit. When I do this, a smile usually breaks on my face.

It is an awesome feeling. Now I know why it works. Everything we see on


this earth began with a thought in someone’s mind. So therefore we can
create things with our imagination and God will bring them to reality.

Be sure to pay close attention to the details of your trades in your mind’s
eyes. Relax and let there be no distraction. This process last at least 30
minutes.

Work on your vision

My success vision board is designed to reflect what I want to become as a


person. I believe that trading is just a vehicle to reach my goals and
accomplish my vision. If I become a better trader, I will execute my trading
rules flawlessly. So work on your vision and as you do ask yourself these
questions: what kind of trader do you want to become, what kind of person
do you want to become?

As you ponder on these questions, you will begin to see ideas for your
vision. Trading will bring out the best and the worst of you and the market
will do what it wants to do. Therefore, your mental preparedness is very
important to execute your rules flawlessly. So start working on your Vision.

Start my day with a quiet time

I start my day by thanking God Almighty for life and asking for grace for
abundant life. I want rivers of living waters to flow from me each day. I will
mention the things, persons and places I am grateful for. I spend some time
in meditation and ask for grace for abundant life. (Jesus said, I have come to
give life and to give life abundantly.) With abundance mindset, I am ready
for my day.

Work out and Nutrition

I drink a glass of water with some lemon on an empty stomach every


morning. There are many benefits, however I really like the fact that it
reduces stress levels and improve moods while boosting energy levels at the
same time.

Choose your workout routine and stick with it. Be consistent. This will make
you physically strong. I just work out in my living room or go out for an early
morning walk. We have to make healthy daily choices, to stay on top of our
game.
CHAPTER 10

The Close

My purpose is change people’s lives. Commit to stop playing small and go


big in your imagination. Your imagination can lead you to become one of the
best traders in the world today. Armed with a proven forex trading money
making strategy (PFTMMS), you can use your imagination to take this
strategy to which ever level you want. You may just be starting, but at least
you are starting right. Commit to flawless execution of this strategy and use
your imagination at least 30 minutes a day.
Conclusion

You have seen how consistent the PFTMMS can be. It will help you to
trade effectively and you can easily become a consistent trader by
flawlessly executing the rules and trading only at the end of the day from
23:00pm CET or 17:00 EST. The Proven Forex Trading Money Making
Strategy (PFTMMS) will work for those who develop self-discipline to
implement the trade following its simple rules.

Good Luck!

Caroline Ayuk

Professional Forex Spot Trader

www.bestforextradingcenter.com

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