We had another good day with the forecasts even though we are stuck with a sideways movement. I still feel we take our 25 to 30 pips profit and run. These are the times when we preserve and build on our capital and be prepared when a strong trend busts out one way or the other.

The Forex is a fantastic beast to try and tame. All around us right now is talk of recession in the States, the spillover into other markets, and a general malaise...IF YOU WERE IN THE STOCK MARKET! Yet in the forex we had a great month. If you used the forecasts you should have ended the month with great pip profits.

Forex traders are in a unique world. The focus in investing is on the stock markets. Water cooler talk is about the stock market. I can't tell you how many times in the last month acquaintances have given me the "woe is me" as they tell me their brokers have sold them out of their stock positions at a loss. I feel for them. But I also take comfort in knowing that we are in a market where every day is a new day and we can jump on the profit train quickly, no matter what direction it is going.

If I ever meet a currency trader in my travels, I almost feel we have to exchange a "secret" handshake, and do the old "nudge,nudge,wink,wink" as we both have access to the goose that lays the golden egg.

Don't get me wrong, I have a note on my computer that reads " The Good Forex Giveth, and the Good Forex Taketh away". I also believe in diversification, "buy, hold, prosper", Buffetology etc. But Forex traders ride their ups and down alone, as much of society has no clue what the Forex Market is, and better still, if they do, how to even get into it.

I like the action of the Forex. I can't imagine trying to wade through thousands and thousands of stocks to pick a winner. I only focus on a few currency pairs, check their pulse with the forecast, and ask 'Is this going to go up or down in the next 24 hours". I don't have to deal with a significant amount of manipulation, insider trading, and constantly missing the boat. If you miss the boat in Forex, another one floats right in with opportunity EVERY DAY.

I am meeting many good people through this subscription. Some are looking for a "get rich quick scenario", which may be setting themselves up for failure. Others are trying new ways to develop a trading style, and have a strong arsenal to take on the Forex. All have realized that there is something very powerful here in this Forex world. And everyone, in the back of there mind hears the voice that says "what if I can do this for a living". All want to be able to answer when questioned about what they do for a living.."I buy and sell money for a living"!

I hope my subscription helps you achieve your goals.

I have mentioned many times about trading in a vacuum and staying focused. Avoid the noise and chaos of the world, the talking heads etc. Once you have traded the forecasts for a little while and master the nuances you will learn to trust your trades like never before. You will understand as I have preached many times, we will lose, but we will be up at the end of every month.

This Forex business takes work and knowledge. Read everything you can get your hands on. You are doing yourself a real disservice if you don't constantly try and gain extra knowledge.

I have always lived by the motto: "The darkest hour in any man's life is when he sits and ponders how to make money without earning it". You can't make money in Forex without "earning" it.

So enough of my preaching.

If you have the opportunity over the weekend, please read through the blog as there is some useful information on how to trade the forecast.

I will probably continue on with a trade for my 30 days for 30% quest.

Enjoy the weekend!