MY FOREX DASHBOARD

The internet is saturated with trading systems, indicators, studies, alerts, etc. Most traders suffer from severe information overload due to the 1000's of technical indicators available to them.

Are you having difficulties pulling the trigger on your trades? Waiting for all the traffic lights to go green? Does the market seem to go against you all the time? Do you enter too early and exit too late? Are you losing hope and about to give up?

Let Peter Bain demonstrated you

"How You Can Simplify Your Forex Trading & Still Get Your Share of Profits From the Forex with His Time-Tested Forex Pivot Trading System"

As an international Forex training educator – Peter Bain – has trained 12,000+ students in the past 5 years, he encountered an endless barrage of information everyday about how to trade the Forex successfully. He offers you a NEW perspective on how you can conquer Forex trading.

He believes trading the Forex does not have to be difficult and stressful. It should be fun and profitable! While no one can predict market direction with 100% certainty, it is entirely possible to put the odds on your side by using the right tools and learning from the pros.

To begin with, a successful trading must completely grasp the concept of PRICE SUPPORT AND RESISTANCE. He sees too many traders attempt to trade without knowing how to determine price support and resistance. Instead, they rely heavily on lagging technical indicators which are often too slow to react to the dynamic price movement of the Forex market.

Introduction – Before going further, I'd like to introduce myself. My name is Peter Bain and it seems like I've been trading the Forex forever, but it really began in 1997 when the playing field was leveled in the retail Forex market.

When I "cut my teeth" in trading over a decade and a half ago, I was fortunate enough to be the protégé of an inside circle of traders who are considered to be the best in the business. What I learned from these traders absolutely changed my whole perception of how the Forex should be traded.

"Did you know there's a group of rich and powerful Forex Traders
who call themselves 'the Commercial Traders'?"

No, they are not a secret underground society but rather, they are a group of highly influential traders who take huge positions and typically trade 1000's of lots worth millions of dollars at a time. They trade for governments, banks and large corporations. They make their living by being on the right side of the market and they can't afford to make mistakes! These traders "see" major trend reversals—sometimes days and weeks before they take place.

Want to know their secret? – I did! I would have paid anything to find out how they can spot trading opportunities so effortlessly while the rest of us agonize over every single trade. I wanted to know what they know that I don't. But fortunately I was allowed to observe how this group trades during my apprenticeship.

During my training with the "pros", I observed the "mechanics" of how the pros make trading decisions. How they scan the market and what charts they look at. I learn what, when and how they traded. One thing that stood out for me was their uncluttered charts. They don't have layers upon layers of indicators on their charts. They pay careful attention to price as they find support and resistance!

Misplaced emphasis – I realize my emphasis was too much on understanding how to use indicators to find an entry. This is a misplaced emphasis. You probably have heard the saying: "Analysis Paralysis" coined by the famous Zig Ziglar. That's when you are stuck in idle because you bog yourself down in so much information that you cannot make any trading decisions - or worst, make the wrong decision by missing the obvious. That's what was happening to me.

My trading mentor urged me to concentrate on the most important thing in trading - PRICE support and resistance.

Your chart is like the artificial gyro horizon – An instrument used to inform pilots of the orientation of the aircraft relative to earth. The pilots must know how to read this instrument in order to navigate safely. Professional traders also use a gyro horizon to see what the market is doing. They are call pivot points. Pivot levels offer traders a frame of referrence so he can "see" what price is doing and more importantly find his support and resistance levels.

With that epiphany, I began to change the way I am looking at the market. Over the next 18 months, I devised the steps for a simple system for myself to trade with. I called it my Forex Dashboard System ...and here it is