October 1 Forecast Comments
Making money requires an effort and proper mindset when tackling this beast known as the Forex.
Without getting too preachy here, human nature sometimes forces us to take the easy way, which many times leads to failure. Yet, with a little bit of effort in the beginning it actually becomes "easier" to be successful in the Forex.
If you are reading this blog, you have taken an action to sign up for our subscription. Yet, by tracking my page views of both the Forecast and our blog, I am quite surprised to see that 100% of my subscribers do not look at the Forecasts, and maybe 10% read the blog.
It begs the question, "why signup"?
A good friend of the blog has made a few observations on my behalf. At one point he said.."people need to have their hands held and told.."buy this at that price, sell it at that price etc." he also said "anything worth having does not come for free". Made sense to me.
And that is the dilemma I have with the Forecasts. They can be open to interpretation, and until you get out of the Forecast trial period you don't have a vested interest to succeed. It is much "easier" to give up, than it is to develop a strategy.
I have a tight circle of Forex friends who believe, on any given day, they can make a profitable trade. They also accept that with that belief they will have days that they lose.
I have a super strong belief that I can jump in everyday and make money using the Forecasts and the other tools I provide.
But unless you have deep pockets and can afford to lose alot while you jump from one system to another, from one signal system to another, from one "guru" to another, the Forex turns into a heart break. The common ground in these Forex friends is they "believe" in, and understand their trading strategy and are disciplined in their approach.
I am not any different than any one of you, except that I may have experienced the downside of the Forex already. I have gone through the Forex School of hard knocks, have been beaten up, had my morale squashed, but at the end of it all, came to the conclusion that I have the perfect mindset for the Forex.
So how then can you make money with these Forecasts? That is really why you are all here. How can a system that is 79% accurate, be open to interpretation, consistently make you money, while not wipe you out 20% of the time. What you need to do is invest "effort" as your capital in the beginning.
- Read the "how to" section, and follow the blog.
- Print out the Forecasts when you receive them.
- Every day before you receive the Forecasts, highlight the currency pairs that came within 75% of the forecasted target by looking at the daily high and daily low in your broker's software.
- Learn how to use my Daily Chart Set-up. Although it is not necessary for the Forecasts, it gives you a visual of what is happening with the currency pairs.
- Stick with the 4 majors. gbp/usd, euro/usd, usd/chf, usd/jpy. Stay away from the higher volatile pairs , gbp/jpy, euro/jpy.
- For 7 trading days, do not think about winning or losing. Using 4% of your account trade the 4 majors to get a "feel" for the forecasts. Put a take profit at 50% of the favoured direction. Set a stop loss 10 pips outside the range. View the Daily Chart of each pair to get a visual and note any observations you may make between the Forecast and the Chart.
- Close out any open positions prior to the next day forecast coming out.
- At the end of the seven days, do an accounting of the results of the currency pairs.
- Identify the 2 pairs that gave the best results
- Trade only one of them each day if the strength is at medium strong to strong for another 8 days.
This is how you learn to use the Forecasts. Do not care about winning or losing. Care about observing the behaviour of the pairs.
If you are prepared to do these easy 10 steps during your trial then you will have the necessary foundation to make money using the Forecasts. If you can't make this commitment, this may not be for you.



Top entry Mark... Re-inforces what has gone before. I find it very difficult to believe that people would be willing to commit financially to something unless they truly believed it could potentially work...
I have developed my own tools (in a set of spreadsheets), which monitor each pair (show predicted High/low against actual high/low), strength changes, etc. This information is imperative to making good decisions.
As I have told Mark on many occasions, I do not have the capital (or mindset) to open myself up to large risk, as such, stick to the least volatile pairings of EUR/USD and USD/CHF.
Do I have a strategy that works? Possibly, who knows, but with Mark's help, I am confident I can put something in place that will make money. I was told by another Forex mentor, that "this is not a spring guys - it's a marathon" (it is unrealistic to think you can make thousands of pips a week/month and retire in three years). Sorry, but it ain't gonna happen.
There is loads of stuff all over the 'net, promising the Forex earth. Just look on Ebay, every system is a winner, there are even automated EA's which show huge returns every month. I can give you url's if you interested.
The bottom line is the forex stuff is hard work. I am a great believer one gets out what one puts in.
I have subscribed because I feel I get more from Mark than just the forecasts, he has helped me heaps and to be honest, without his help and advice i probably would have given up by now.
Observation is the key folks. Yesterday I did not trade although all my indicators (except one!) said trade on the Euro. The forecast was very strong, so why didn't I trade - one word guys - Blog.
The information on here is gold!
Sorry to bang on, I personally feel we are on a good thing here guys, I doubt there are many others out there as genuine as Mark...
I am desperately keen for others to use this blog, we can and should learn from each other. This is something I have discussed with Mark, here's hoping by consistently posting we can encourage others to do so - don't be shy, we are after all, here to learn and all in this for the same goal...
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