How to identify a good trading method
It must be a complete method, with setup conditions, entry rules, initial stop rules, and exit strategy rules, leaving no decision to chance.
It must include specific risk management, money management, and portfolio management guidelines.
It must be based on technical analysis, but it must not be a 100% mechanical system.
It must take less than an hour a day to apply after learning how to trade with it.
Forex Day Trading Success: Two key factors:
You do NOT have to day trade the Forex hours at a time to be successfu (in fact, you shouldn’t).
You can trade the very short term trends in the Forex markets to capture several fast, strong and potentially more profitable trends.
Forex Income Engine 2.0 – Review Highlights
Method is complete: Forex Income Engine teaches precise setup conditions, exact entry rules, initial stop rules and exit strategies to maximize profit potential for each of the THREE methods it contains.
Risk Management: You cannot find a better proponent of Risk Management than Bill Poulos. He makes it easy to understand what Risk Management is, how to incorporate it into your trading life and how to live by its rules to protect yourself!
Forex Trading Method: Forex Income Engine 2.0 - Course Overview:
- 7 CDs + In-depth Manual - perfect for self-paced learning
- Teaches 3 unique methods to trade forex
- Provides detailed video trade analysis
- Essential tools for intra-day trading
- Multi-part Forex basics course (included)
- Specific risk management learning segment
- Technical Analysis “Basic Training”
- Charting software and broker platform overview
- Profit “Blueprints” for easy trade planning
Forex Income Engine Reference Manual
- High quality reference manual contains full color charts and slides
- Each module in its own mini-manual
- Detailed instructions accompany each module for easy reference
- Perfect for traveling or when you don’t have access to your computer
Forex Income Engine Trading Blueprints
- Step-by-step trading rules for implementing all 3 trading methods.
- Trade Position blueprint
- Perfect for quick reference and guidance
Trading & Forex Basics (51 Minutes)
- Detailed overview of Forex
- Using leverage and margin
- How to use moving averages
- Overview of Candlesticks
- Using technical indicators
Ignition Method (98 minutes)
- Setup conditions, entry & exit rules, and stop loss rules for both uptrends and downtrends
- How to plot the Ignition Method indicators
- Can be used in any time frame
- Over 30 detailed trading videos teaching the step-by-step ‘how to’ of the Instant Pips method
Ignition Method targets quick hit moves in very short term trends as the trend recovers from corrective action (average trade duration: 1-5 bars).
Profit Goal: 10 pips up to 50 pips with very strict risk controls.
Spring Method (67 minutes)
- Setup conditions, Entry & exit rules and Stop loss rules for bullish and bearish countertrends.
- How to plot the Spring method indicators.
- Over 20 detailed trading videos teaching the step-by-step ‘how to’ of the Spring method.
Spring method targets longer reversal countertrend swings in the market (average trade duration: 1-5 bars).
Profit Goal: 30pips up to 100 pips with very strict risk controls.
Forex Brokers, Charting Software & Trading Platforms (85 minutes)
- Bill’s unique broker ‘scorecard’ and how to find the right broker
- Using MT4 and other platforms to plot the Forex Income Engine indicators
- Live trading examples in broker software
Bringing it together (46 minutes)
- Risk Management rules
- Position sizing for every trade
- Maintaining Discipline and controlling Emotion
- Scenarios for utilizing all 3 methods cooperatively
- Additional detailed trading videos
This module covers the key critical concepts of; Risk Management, Trader’s Psychology, Discipline and the rules you must follow to become a winning trader
Forex Income Engine 2.0: Final Thoughts
One of the most comprehensive, complete intra-day trading methods on the market
Easy to understand, step-by-step instructions gives total confidence in learning the methods
Easy to use: Specific rules for identifying, entering and exiting Forex trades
Strong focus on Risk Management tactics to PROTECT Forex traders
