Quote:
Originally Posted by ericbubb@yahoo.
I have completed the power course. I understand the concept of technical analyasis. Having the knowlege to apply the contents of the power course is another item.
The Power Course does not advise you on who many currency pairs to watch.
(I note the King of the Mini watched 2 pairs and seem to follow day trading concepts)
Or the concept of trading. For my self only being available in the evening to follow the course 2 hours each evening . I was left going back through historical charts to find a chart pattern to match the current topic being taught.
It would be nice to know the strategy the King of the Mini used.
As this week I started trading full time and I have found out that I am floundering. Using a test account at least it not costing me money other than my time. I do have a live account if I fund it with any more money is a question still to be considered.
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King of the Mini Results
I like your suggestion about understanding the strategies the King of the Mini used. In the future we will include a short survey complete by the winners so you can get a better idea of the analysis they use & the amount of time they commit to their trading.
FX PowerCourse
In regards to the PowerCourse, I wanted to ask which one you took. The Introductory course is very basic & gives definitions & examples of how to use the different indicators. It does not however teach specific strategies like the Trading the Majors or the Day Trading Course. While these are the resources I would recommend, I also want to point out a few free resources that we have on our forum under Forex Education.
Q&A with Analysts (Beginner's Area)
The DailyFX Analysts put out their top picks every day. The
report is available on DailyFX.com and the analysts will take questions on the
Q&A thread.
Weekly Lessons From the FXPowerCourse
This thread is moderated by Thomas Long, one of the course instructors. He regularly posts charts & gives tips on how to succeed.
Click Here for a preview.
Free Video Forex Trading Course
This free course takes you through the basics of trading & tips for trading the different currency pairs. For example, if you are interested in the euro, you may want to consider Module 5: Trading the Euro