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Forexmentor Forex FX Engine


kin89

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hi

this is my first share and i hope that help any one

 

Forexmentor Forex FX Engine

 

 

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Is this from forexmentor? i didnt see course like that on their website....

 

this is the content of the course

Step-by-Step Video Instructions on

How to Trade the FX Engine System

 

1) Introduction

2) Why A Mechanical Approach to Trading

 

Step One: Setting Up and Drawing Degree Lines

 

3) Placing Degree Lines

4) Practice Part I: Placing Degree Lines

5) Drawing Buy Degree Lines

6) Practice Part II: Drawing Buy Degree Lines

7) Drawing Sell Degree Lines

8) Practice Part III: Drawing Sell Degree Lines

 

Step Two: Trading System and Rules

 

Buy

 

9) Drawing Buy Line

10) Placing Buy Position/Order

11) Buy Stop

12) Adding Incremental Buy Orders

13) Incremental Price Difference

14) Exit @ Profit

15) Past Trendline Entry

16) Updating Buy Stops to New Week?s Trendline Intersection

17) Practice Part IV on Buy

 

Sell

 

18) Draw Sell Line

19) Placing Sell Position/Order

20) Sell Stop

21) Adding Incremental Sell Orders

22) Incremental Price Difference

23) Exit @ Profit

24) Past Trendline Entry

25) Updating Sell Stops to New Week?s Trendline Intersection

26) Practice Part V on Sell

 

Step Three: Hedging

 

27) Power of Hedging and what it means

28) Scenario #1: Buying and Selling at Same Time (Hedge)

29) Scenario #2: Hedging Beyond Trendline Intersection

30) Scenario #3: Hedging Within Both Buy and Sell Trendlines

31) Scenario #4: Hedging Within Both Buy and Sell Trendlines that have High Pip-Difference

32) Practice Part VI

 

Simulated Trading

 

33) Practice: Putting All the Pieces Together

34) Simulated Trading Example 1

35) Simulated Trading Example 2

36) Simulated Trading Example 3

37) Simulated Trading Example 4

 

Calculator and Summary

 

38) using the FX Engine Calculator

39) Recap

 

Extra Material

- Notes

- PDF Slides of the course

- & etc.

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  • 1 month later...

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I'm appreciative to the original poster and the individual who posted just the PDF file. Upon reviewing the PDF file, this strikes me as a basic course, where the content could be covered in a much shorter timeframe. I'd also venture that the PDF where it advises to make entries 50 or 75 pips (as an example) from one bar to another is grossly inapplicable to all pairs and all timeframes; it also seems to give specific guidance on exiting 550 pips after a certain type of move. These types of generalizations used without the guidance of support, resistance, fibs, trendlines, regard for the current market, will ultimately lose money and give one poor footing on the basics of fx trading. Before you download the entire course, I would suggest you review the PDF file, but, my take is you can do far better elsewhere, in a shorter time with a more succinct course. Just my opinion.
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