Now, you are ready for your next step. Market Traders Institute’s Express FX brings you the “Essentials of the Forex.” The Express FX Trading Course has been designed to help the novice or beginning Forex trader understand how the Market works, and give them a broad overview of Currency Exchange

Both the novice and the more experienced Forex trader can gain new insights into Forex trading from the straight-forward, step-by-step approach of MTI’s Forex training methods. 16 Multimedia CD lessons not only discuss the mathematics and business of Forex trading, but they also look into the good habits of successful Forex traders, as well as the “Psychology of Trading” on the Forex.

Lesson 1 “What is the FOREX”
Lesson 2 “Trading Japanese Candlesticks”
Lesson 3 “Forex Indicators and Time Frames”
Lesson 4 “Forex Support and Resistance”
Lesson 5 “Equity Management”
Lesson 6 “Forex Trends and Trendlines”

Market Traders Institute’s Express FX Course ™ Package Retail $799, pay the difference for the UTP Upgrade Edition. Market Traders Institute’s Ultimate Traders Package full course retail at $2499

Rob Booker and Dave Murphy guide you through the powerful and easy-to-use trading techniques that have made their FXstreet.com blog one of the most popular forex blogs on the web. Step-by-step, you will learn to set up trades on any currency pair, on any time frame chart. If you are a short term trader, these profitable strategies can help you plan and complete trades on 5 minute, 1 minute, and even tick charts. If you are a longer term trader, these same methods will help you plan trades to capture the huge swings in the currency markets — moves that last for hundreds of pips. All the trading setups that you will learn come with examples, and full descriptions of why the setups work. So you not only learn how to make the trades, but why the trades work. Support and Resistance trading is one of the oldest, proven methods for profiting in the markest, and Rob and Dave will teach you new ways to use time-tested principles used by thousands of traders around the world. Best of all, you can implement these strategies immediately — there is no software to buy, and your current charts and broker will work perfectly.

Support and Resistance Trading Contents of DVD 1

* Support and Resistance basis
* The forgotten trendline technique
* The Power and Profit of Counter Trend Trading
* The Two-Trendy Trade
* The Grand Canyon Trade
* Trend Trading with Trendlines
* Channels: trading the range on any time frame
* Fibbles, Winnipegs, and Manitobas: S/R Like You’ve never seen it

Bonus DVD
The bonus DVD contains over 1 hour of examples from these currency pairs and time frames — over 50 charts, reviewing all of the techniques and strategies in DVD #1, to help you implement the methods right away:

* EUR/USD — over 20 examples on long and short time frames
* GBP/JPY — “The Orient Express” — trading long and short term for huge profits
* EUR/AUD — the Forgotten Pair and why it’s so important to follow
* USD/CAD — The Danger Pair … why it can cost you so much

And more — with examples and reviews of real trades from these pairs too:

* USD/CHF
* EUR/CHF
* GBP/CHF
* USD/JPY
* EUR/JPY
* NZD/USD
* AUD/USD
* USD/SGD

Advanced Strategies For Forex is just that. This 2 hour course takes you step-by step through various concepts that offer high probability entries, exits and the necessary Stops to give you maximum profitability and capital preservation. This course explains:
The “Use of Volatility” studies to help you select the best performing currency pair
Linear Regression set-ups with internal S&R and Trend lines to ensure clear entry, exit and stops. This section also introduces the use of Fibonacci percentages as goal selection criteria
ADR set-ups detailing the set-up the entry, the initial stops, profit taking and the use of trailing stops. ADR offers a logical framework in which to open high probability trades
Pattern recognition trading for both short term (intraday) and medium term currency positions
And, a full section on “Working the Hard Right Edge” where you have to make decisions, based on what you have learned.
As usual, OTA has delivered what you want – specific strategies, specific entries, exits and clear sto

I’m constantly “raising the bar” in order to provide the best quality trading information to my readers and students, and I firmly believe the Forex Income Engine is among the most extensive Forex trading courses I have ever seen. I know that might seem like a brazen comment to make, but here are the facts. I’ve been trading the markets since 1974, so I believe I’ve seen nearly everything out there. Also, I’ve been developing trading courses since 2001, and I’ve spent close to $100,000 of my own money researching, developing, and producing this course to make sure it’s absolutely the highest quality on the market. So based on everything I’ve seen, I can think of few courses that compare to the Forex Income Engine.
Let’s take another look at a recent “live” trade:

CD-ROM #1: Background, Overview Trading Examples
(82:51 minutes)

This module covers the Forex Income Engine background and structure, what to expect, the basics of the methods that will be covered, and a whole lot more. It concludes with a lengthy review of some actual Forex charts to give you a feel for what it’s like to trade the four methods taught in the course.

Here’s what you’ll discover on this CD-ROM:

• The top 6 Forex pairs I recommend trading that can give you the most “bang for your buck”.
• “The Dirty Forex Secret” about unreliable brokers and so-called “gurus” promising to make you rich.
• Great expectations, and what you can expect to accomplish in the course.
• Detailed trading examples that instantly immerse you in the Forex Income Engine trading experience. We dive right in even before studying the details of the method so you can get a feel for what it’s like.
• An interactive quiz to test your comprehension of the materials.

CD-ROM #2: Trading Rules(148:50 minutes)

This module covers all the trading rules and examples for the Forex Income Engine method, including the indicators, trading method basics, setup conditions, entry rules, follow-up stops, and exit strategy.

In this lesson, you will learn:

• How to look at any chart and find the setup conditions using my step-by-step formulas that will identify a potentially profitable trading opportunity.
• Where to place your entry point for any trade in order to maximize profits.
  
• How to capitalize on sudden market movements when a position goes against you to turn an otherwise losing trade into a net winner.
  
• The exact point to place your protective stop orders. Hint: It’s where you DON’T expect the market to go.
  
• How to exit a trade and take profits with your choice of an aggressive or conservative strategy on both the long and short side.
  
• An interactive quiz to test your comprehension of the materials.

CD-ROM #3: Detailed Trade Examples Review
(191:10 minutes)

An in-depth analysis and review of trade examples using the Forex Income Engine method to help solidify your understanding.

You’ll be well on your way to become a master independent trader after reviewing this module a few times.

Here’s some of what’s covered in this tutorial:

• A step-by-step, detailed “dissection” of dozens of trades, leaving nothing to chance.
• Multi-part review of trades using all 6 major Forex pairs.
• How to manage trades for multiple timeframes, so you can tailor your trading to your schedule.
• An interactive quiz to test your comprehension of the materials.

CD-ROM #4: Forex Brokers, Charting
Software Trading Platform
(45:33 minutes)

This module shows you how to choose a good broker by reviewing the Forex Broker Selection Criteria Scorecard. Then, you see how some actual trading and charting software works and how easy it is to trade with it.

On this CD-ROM, you’ll discover:

• The 10 criteria you can use to find and evaluate a good Forex broker to make sure you only trade with the best.
• Real world trading examples using broker-supplied charting and trading software
• A complete, live “lunchtime” trade I made during lunch to show you how quickly you can get in and out of trades, no matter how busy your day is.
• An interactive quiz to test your comprehension of the materials.

CD-ROM #5: Risk Management & Discipline
(22:27 minutes)

This module covers the critical concepts of risk management, discipline and psychology. We also talk about position sizing, eventual experiences you’ll have trading, and how to personalize your trading style.

Here you’ll find out:

• How proper risk management can turn an otherwise losing method into a winning one.
• My ultra-easy risk management formula to determine the specific size of every trade you place. It’s so simple even an 8th grader could do it.
• 3 specific eventual experiences to watch out for when you trade that could seriously damage your portfolio, and how to avoid them every time.
• An interactive quiz to test your comprehension of the materials.

BONUS CD-ROM: Forex & Trading Basics
(48:01 minutes)

If you’re just getting started, or want a refresher, this bonus module covers the basics of forex trading and technical trading that will be used throughout the program. If you’re already experienced, you can probably skip this module. However, reinforcement is always a good thing, so I encourage everyone to watch this at least once.

Includes a detailed Forex overview, quotes, leverage & margin, profit & loss, order types, moving averages, trends, indicators, support & resistance, and much more.

In this lesson, you will learn:

• A brief overview of the Forex markets – what they are, and how they work. Just enough so you can trade effectively. There is NO boring theory or history lessons here.
• How to quickly read Forex quotes as if you were already a pro.
• The importance of leverage and margin and how it can impact your trading.
• How to precisely calculate profit and loss for all your trades.
• The various order types we’ll be using with the Forex Income Engine method.
• A general overview of technical analysis basics, including price bars, trends, time periods, indicators, paper trading, and a lot more.

Forex Income Engine Reference Manual

This 103-page reference manual contains full color charts and slides from every CD-ROM video tutorial in the course.

This makes it extremely easy to quickly and effortlessly reference what you just learned. Each section corresponds to a CD-ROM.

I recommend you watch the CD-ROMs first, and then review your understanding of the material by spending some with the reference manual.

This also makes a great reference if you’re traveling or don’t have ready access to a computer.

The 3 Trading Blueprints

In my opinion, these 3 trading blueprints are as close to the “Holy Grail” of trading the Forex markets as you can get.

Why do I say that? Because they contain all of my step-by-step trading rules for the Forex Income Engine method.

After you are comfortable with the material taught in the CD-ROM tutorials and the reference manual, you’ll want to refer to these blueprints again and again until the trading rules are fused into your brain.

Also included is a Trade Position Blueprint that helps you figure out how much to risk per trade, along with a simple way to keep track of the key numbers you’ll use during each trade you place.

Forex Income Engine comes with 6 Cd-Roms, 3 Blueprints, 103 pages color manual.

Retail Price at US$2046

• Introduction to currency pairs
• Major currencies
• Forex, Equities & Futures
• Liquidity
• 24 hour market
• Cost comparisons
• Leverage

Section 2

• Principles of Currency Trading
• Prediction vs. Betting
• The Buy and Sell Movement
• The “Spread” and it’s effects
• Sizes of trades – pip calculation
• Gearing & effects
• Margins and overnight interest
• Practical Advantages
• Dynamics
• A few initial thoughts on strategy

Section 3

• Overview of technical analysis
• The Trading Platform
• Downloading the demo platform
• Help/Support for trading platform
• Risks involved with Forex Trading
• Where to download the manuals

Section 4

• Intro to Fundamental analysis
• Where to get live news feed
• Brief on effects of world events

Section 5

• Timescales
• Introduction to technical analysis
• Timeframes & scales
• Understanding what charts mean
• Candlestick, bar & line charts

Section 6

• Understanding charts
• Trends
• Support & resistance
• Trend reversals
• Breakouts
• Moving averages

Section 7

• Studies and indicators
• Short/Medium/Long term trades
• Bollinger bands
• Parabolic stop & reversal
• Relative strength index
• Directional movement index
• MACD – Histogram
• Williams %R

Section 8

• Chart patterns that consistently make money
• 13 specific chart patterns that work

Section 9

• Placing trades – alternative ways
• Placing stops and their importance
• Placing limits
• Moving both stops and limits
• Changing chart parameters and colours

Section 10

• Trailing stops to secure profits
• Increasing positions
• Setting alerts
• Leaving Buy/Sell orders
• Checking accounts
• Hedging positions

Section 11

• Inbuilt trading systems
• The advantage of trading systems
• Changing trading system parameters
• How to set them up

Section 12

• Bringing it all together
• Which type of trader are you
• Preparation
• Sample early morning setup
• Protecting your position
• Locking in profits
• Using alerts wisely
• Recording your trades in a journal

Section 13

• Showing you entry and exit strategies

Section 14

• Money Management (The Holy Grail)
• The importance of financial control
• Trading sensibly within your means
• Financial mistakes of most losers
• Gamblers logic and rules

Section 15

• Psychology of trading
• Trading what you see and not what you feel
• Self discipline and creating working habits
• General section on metal problems and how to overcome them

Section 16

• Websites
• The best websites to visit and use for Forex
• You are shown around the internet saving you hours of research

Section 17

• In Conclusion
• Keeping in mind special points
• This is risk free learning do not rush to use real money
• It takes time effort and discipline to learn

If you want to succeed, organise yourself, organise your time, have a trading plan, and keep records
Remember the importance of money management
Never let trading dominate your life
Help & Support from the author