Learn To Trade | Zoom 1st June 23 | Live Forex Trading

All right, welcome. I'm very excited to be here with you guys. What an honor. Thank you for giving up of your time. I know that it's very precious and you want to be with your family as well. So hopefully we can teach you a little bit tonight and we can do some live training trading. So at the end of the webinar, please just remind me that you want to be doing some live trading. And we will do some live trading. Okay? So what you're going to learn tonight is you're going to learn how to trade like a hedge fund manager. You're going to learn to trade with confidence, learn how to read a chart like a professional trader, how to never have losing trades, how to make over 200 pips profit per trade, and the secret to why you are losing money. So who am I? Why should you listen to me? My name is Alan Solosh and I'm a Master Trader with FBS.com and I'm the official ambassador for Africa, which is quite an honor that they did me, which I'm very proud of. So I've been trading for eight years with FBS and I'm a serial entrepreneur. I'm a full time forex trader and I've mentored over 100,000 people through FBS. So the problem that you guys are having or what I see the problem to be, is that a lot of people are not trading the are gambling. Okay. And if you're going to gamble with forex, unfortunately you are going to lose your money because the house always wins. And we're going to talk about wallet management and the psychology of why you are losing money. So Warren Buffett says that risk is for those that don't understand. So if you knew how to read a forex chart, would there be risk or would your risk be mitigated? I say yes, 100%. So your trading decisions would be totally different if you knew how to read a forex chart. And that's what we're going to in explain to you this evening. So most of you are taught usually by a video on YouTube and teachings out there are usually by people that have got a lot to say but are not trading love. And I trade live with you on my telegram group and I show you exactly what I'm doing and why I'm doing it. And how you're taught on YouTube and by most forex gurus out there is your risk. You are taught to risk 30 pips so your stop loss is 30 pips. And your profit, you take profit when there's 15 pips. So your risk to reward ratio is 2 to 1 against you. And this is one of the main reasons why you are unprofitable, mainly because of the spread of the trade. And I'm going to talk about that later on when I start showing you my chart. So we use a hedge strategy. This is what professional traders do and what the banks and institutions do. Banks and institutions, hedge funds, they do not close trades in loss, they do not use a stop loss. It's actually illegal for them to take losing trades. So what they do is that they dollar cost average into the trade and they hedge trade out of a losing trade. Because, because if they close a trade, let's say they take a trade for $50 million and they close their trade in a loss, what will happen is that it will move the market and that is illegal. It's basically insider trading because they can close their trade in a loss and they know that it's going to move the market and they can trade against it and they can make money that way. So it is 100% illegal to do that. So the benefits of hedge trading always that you're going to get the full length of a trend. So let me go to my phone now and show you what I'm talking about. Imagine if you look at my screen, you can see the charts. Yes. Put up your hands or just type in the comment box please that you can see my. Okay, cool. You can lower your hands. Thank you. Yes. Cool. So if you, if you knew to take a trade here and you wrote, would you get out over here or would you, if you had insight, would you get out here? So obviously we would run the full length of the trade. Now if you got it at the right moment, let's just do a little measurement of how big that trend is. So if we got in over here, over there. Okay, we'll probably get in over there and, and we'll get out probably over here. So that trend is 363 pips. So if you look at the top of my screen, it says at 3592, it's 3592 points, which is 360 pips. So the, every, my average trade is between 200 and 400, 400 pips. Because we understand how to trade and when to open a trade and when to close a trade. So let's go back. So you're going to get, learn to take advantage of the full length of a trend and just let's see if there's anybody, any of My traders on here. If there are any traders on here that have experienced me trading with you where you've also had the advantage of making between 200 and 400 pips, please say yes now in the chat box. I'm not sure if you can all see the chat box. Can you all see the chat box? So Willem says yes, James says yes, Vincent Staple says yes. So we've got proof here. Bransby. Yes.

Aldo said yes, but I jumped too early. So he saw it, but he got out too early. Unfortunate Aldo, but okay, no problem. So what we're going to do is we're going to increase your profits. Okay. Without a take profit line, I do not use a take profit line. I do not use a stop loss line. So Peter Main says yes as well. So no more losing trades because we don't use a stop loss because we understand how to read a forex chart. Okay? Predict. This is a predictable and a dependable system which is going to build confidence in you and it's going to help you with your trading psychology which is key to having a successful forex trading career or indices or actually trading in general. So this, my System has an 85% success rates on entries and exits. And you were all sent the pre seminar education. I hope that you got that and I hope that you filled in. You, you went and you did it. And you need to be setting up your chart the same way as me, otherwise you're going to get lost. So I'm not going to. You can just take a screenshot of this with your phone or if you're on a Windows machine, just use, I can't remember what that tool is called but you can just take a screenshot and save this and then you can go and set up your phone later on. My pre seminar training is the educational exactly how to set up your phone. Cool. So I use Candlestick analysis. It's a 400 year old trading strategy developed by the Japanese rice traders and those are the most successful traders of all time. So a lot of you are using western terminal, western trading techniques. The western trading techniques on you, they're about 40 years old and I don't like to follow them because I don't believe that they yield good results. I have tried them, I've tried a lot of them. So a lot of you are using the MACD, the stochastic Bollinger bands, Fibonacci retracement tools, etc. I don't use those generally I like to. And you're using pendants and, and Double bottoms and triple tops and all these new methodologies. There's actually a word for it when you find patterns in things. And if you look hard enough, you'll find a pattern in anything that you look at. So we in flit like to look at the rocks and at the mountains and we like to look for faces in the mountains. So if you look long enough, even at the cloud, you will see patterns and patterns start to emerge. So don't try and be that cursor. Just follow a tried and tested system and that is what we use. So I'm just going to give you an understanding, basic understanding of a candle and how candles work. So there's three types of charts that you can use. So I'm just going to go back to my phone and we're going to show you. So there's a bar chart, a candlestick chart and a line chart. Pretty self explanatory. I use the candlestick. So basically this is a bullish candle that we're going to be discussing now. So the candle opens right there where you've got this horizontal line. That's where the candle opens. At this price over here, the candle trends up all the way to the top and then the candle retraces down. Then a wick is formed. That little, small little line is called a wick. Okay. And then the candle closes at this price. So you've got, you've got. So maybe the, maybe the price went all the way down, created a, a bearish wick which is at the bottom and then went all the way to the top and then closed over here. This is a bullish candle. This is how you know on my candles on my chart. Oh yeah, let's go back there. On my chart I've got green candles for the bullish and I've got red candles for bearish. And that's how I know the difference. The, the, the reverse. The converse is obvious, obviously what my explanation would be. The converse for a bearish candle. I'm not going to go through it.

Sorry, Johan, what did you not get? You didn't get a pre seminar information? Is that what you're referring to?

Okay, no problem. I'll send it again for you so that you can go through the training. Okay. There's some more resources. Please keep them because you're going to need them in a few minutes. So just copy them and paste them into notebook for yourselves. All right, so let's move along. So candlesticks together with moving averages is a predictive technique. Okay. So I found that Most of the indicators out there, macd, stochastic, whatever, you're using Bollinger bands, they are lagging indicators, which means that you're receiving the information late. I have a more predictive indicator where I'm in The trade probably 25 to 50 pips before anybody else. And that is because of the technique that we use. So these are the moving averages that we use. Now these aren't just any moving averages. These are the moving averages that the institutions use when they trade. So they use a 200 moving average, they use 100 moving average, they use use the 50 moving average and the 32 moving average. And those are your colors. You can take a screenshot now of the screen quickly. It's also in the pre seminar training. And the most important, the two most important, it's actually three most important moving averages is the red line which is your 200 moving average, which is a no trade zone. We do not trade anywhere near the 200 moving average. Then we have the 50 moving average which is this red and white dotted line which coincides. I'll draw a line so that you can see this. This is, this is astounding. Okay, that moving average. There it is, coincides that. This is on an H4 chart. I read the, I read the chart on a four hour chart. My strategy works on any time frame. Later this evening we're going to do trades on a 15 minute time frame so that we can get some trades in. Okay, so the 50 moving average coincides with the 200 moving average on an H4 chart. Okay, so this is the, this yellow line that we drew was the 50 moving average. And here is the 200 moving average on the H1 chart. It is a significant reversal point on the chart. Okay, so when the candle touches these lines, the price seems to reverse and go in the opposite direction. So that is why we don't trade any anywhere near those lines. Okay. And then we use, I use the atma. And the ATMA on my chart is a red and white dotted line. Let's try and zoom in over here. I've got another line down there. But don't worry about it, it's not for you guys, it's for my robot. But it's this line over here. This is the red and white 8 exponential moving average on the close. It's not a normal moving average. It's an exponential moving average. Which means that the moving average moves a lot faster than the other moving averages. And the game changer in the trading Strategy is the 8 exponential moving average. So this is the strategy and this is where you need to take notes, please. So I hope that you came prepared with a notebook. If you don't, please go and get your notebook down your pen and let's start taking some notes. Right, so the rule is for an entry, firstly you look at the chart and you don't enter the trade at the top of a trend. Okay? So you're not going to enter along at the top of a trade of a trend here because we've missed the move. Okay, you can see that we've missed the move. So getting into a trade now is not a good idea. We need to wait for the next trend. I'm finding that the banks in the last while are trading from moving average to moving average. Okay? So when I'm hitting my moving averages, I'm closing my trades and I'm waiting for direction. So tonight we closed a few trades out in profit. I don't know, my mate is. I'll actually take a screenshot. I hope he doesn't mind, but I actually did say to him that he should close his trades and he did. And I said that he made $130 on that trade this evening when I told him to close out his trades because he was in a deep red position. So he made lack of profit. Okay? So the rule is, okay.

The 8 exponential moving average is when the second candle is above the 8 exponential moving average. That is when we open a trade which I will explain to you just now. Okay? So the timing is everything. It's everything. And that is why you need to look at your chart before you place the trade and make an educated decision and say to yourself, have I missed the trend or am I early in the trend? Okay, so if we've missed the trend, we've missed the long. We need to wait for the reversal. And that is when we're going to start trading, not before it's too late. We don't know what's going to happen. Okay, you've missed it. So timing is everything. You need to set your alarm on your phone every four hours. I like to trade on a four hour chart because it allows me to then slow down. My trading at the time is slowed down drastically. I'm not rushed. So a lot of your trading on a 15 minute chart, that's not trading. Really, it's not. It's very difficult for you to make Money on a 15 minute chart. I'll just be honest with you. And you have to be on your computer or on your phone all the time. And You've got to be in front of your screen. And that's not what I want in my life. I want to have more of a life. I don't want to create a second job for myself. Okay? And that's what a lot of you are doing. So the whole point of trading is for you to have a better lifestyle, make money and have a better lifestyle. And the only way you can do that is if you are trading on a four hour chart. Okay? So I set my alarm clock for every four hours you need to check what, when you win, what the four hour intervals are of the broker that you're using. We recommend you use our broker and we will get into that just now. So how you know that is, is that on the top of the screen here, you see the crosshairs, you, you click on the crosshairs and then you can see how when the candle opened at the bottom of the screen, it says there that that candle opened at 5 o' clock and the candle before that opened at 9 o'. Clock. Is that right? Sorry, I'm one candle too much. Okay, it's opened at 1 o'. Clock. So you would set your clock according to your alarm clock and your alarms according to that. And you'll say that five minutes before 1 o'. Clock. So 12:55, you'll set an alarm and you'll set an alarm at 1655 so that you can open your phone, you can read the chart quickly, give yourself a bit of time, go and check if there's a good entry and then you can set up your entry. Ok?

So you need to set your alarm and you need to keep a journal. Keeping a journal is key. You really need to keep a journal of a couple of things that need to be written down. It's not just the basic stuff. You need to write down why you took the trade, what the circumstances were that you took the trade, what made you take a trade, and how you felt before you took the trade and after you took the trade. And this is a very key point that you need to acknowledge is your emotions. Because they play a very important part of your trading. Yes, I'm in South Africa. And you need to just acknowledge your emotions behind the trading. Because trading is an emotional game. If you think it's not, you will soon realize that it is when you take your first trade. So here is the rule. When to enter a long trade and exit a short trade. If you have a short trade. Okay, so let's say you were short, you were in a short. Okay. And now the trend has reversed. How do we know the trend has reversed? We know the trend has reversed. If you look at my screen. Okay, when the second candle. We're not on my screen. Okay. Yeah, so we, we were, we were south. And then this candle opened, and then the second candle opened above the atma. But I would have. I wouldn't have gone long there because of the doji. I'm going to discuss that in two screens in two slots time. I would have entered the trade over here. That's when I would have entered the trade. Okay, it's above the 8 exponential moving average. I would have closed my short and I would have opened my long. I would have made nice money on my short. And now it's time to go long. So when the second candle opens above the 8 exponential moving average, that is when you. You go long. So there is a little bit of a, sometimes a discrepancy where you can't really tell if the candle is above or below the 8 exponential moving average. And how you do know that it is above or below. As you look at the previous candle, the previous candles close. Okay? And you will then line up so you can take your. You can take a line. You just draw a line on the chart and then you line it up with a close. And if the close of this candle, let's just for example, is above the 8 exponential moving average, then you know that the next candle should have also opened the above the 8 exponential moving average. And then you will take your trade. Okay? So when the second candle opens above the 8 exponential moving average, you close your short if you have one in profit. If it's not in profit, don't close it. You will open a long at the same lot size as your short to hedge your trade so that your drawdown does not do anything. Okay, As I said to you before, the bank's dollar cost average. Do you guys know what dollar cost averaging is? Please put up your hands if you do not know or say no. Okay, so you don't know what dollar cost averaging is. Groovy. Okay, so dollar cost averaging means. So this is how the. Your financial advisor advises you to invest. They say to you, sign a debit order and we will take money every month from your account and we are going to buy unit trusts for you. And it doesn't matter what the price is, whether the price is up or the, whether the price is down, it doesn't matter. We know that over a long period of time, the price goes up. That's what that's the, the thinking. So over a 20 year period, they know that the price should generally be more than when you bought it 20 years ago. So in the short term, month to month, it doesn't matter that you, you bought at a lower price than you bought the month before. So on your third month, maybe you bought a little bit higher than your first and your second month and then your third month was also a little bit higher. So those third and fourth month purchases, the profit that you make there outweigh the loss of your, of the purchases that you made of the first month and the second month. Do you understand?

If you don't understand, say you don't understand because I'm going to move on. Yes, you understand. Okay, so we are doing forex the same way. Whether you lose a little bit of money in a trade, it doesn't matter. It only matters when you close the trade in a loss because then you've actualized the loss. If you don't close the trade, it's not a loss. I treat forex like a business. I treat it like I own a little side Cathy store with lots of little sweets in it. So can it, can a store operate without stock? No, it cannot. So you have to have stock to make money. So some stock doesn't sell and you have to maybe sell it at a discount. Some stock you make lots of money on and some stock you just keep or you sell it at cost. And those are called loss leaders. So you need to change your mindset and treat forex like a business. That's how you need to treat us. Okay, let's move on to the next trade. The next rule of when to exit along and enter a short trade. It's the converse of what we learned previously. Okay, so let's go find a nice little exercise over here.

And we can do it over here. So there's the first, there's the second. Let's just zoom in a bit. There are no candles above the 8 exponential moving average. There, there. We need to draw a new line. Let's delete that.

Okay, so we would have gotten in.

One, two. There it is. Okay, so let's zoom in. Here's a great example of not knowing if the candle is above or below the 8 exponential moving average. Okay, so here, let's move this up over here. Right.

So the candle closed. I'm looking at this candle here. Okay, the candle closed. You can see it closed below the 8 exponential moving average. And then there is the candle, but the 8 exponential moving has moved down. So it looks like this candle here is actually above the 8 exponential moving average, but it's not. It is below the 8 exponential moving average. So this is candle one, and this is candle two. And this is where you will enter the trade. So you'll enter the short over here. So if you had a long, you would have closed your long. You would have closed your long here. Okay. I would have actually closed my long over there. Okay. Because there's a dodgy, which I'm going to go through in the next screen. Okay. And then I would have written this trade until the second candle opened above the 8 exponential moving average, which is. There's a Doji there. There's a candle. I would have opened it there. I would have opened it there. So I would have made this a 51 pip profit on this. On this trade. So if you look at the top of the screen over here, it says here 48, 49 pips. So I would have closed it there as the trade open. I would have made 42 pips. Okay. Not. Not a great trade, but at least it's profitable and I would have made money. Okay, so most of this. This is. Has an 85 to 90 accuracy. I wish it was 100%, but I unfortunately don't have the. The crystal ball. I wish I did. This is as close to the Holy Grail as I've gotten it. Okay, so when to exit. Exit along is you exit the long when the second candle opens below the 8 exponential moving average and you enter a short. That's when you exit along when the second candle is below the 8x. When the candle opens below the 8 exponential moving average, you close your long and you enter a short. This question. What? Would you not. Would you not close on that red Doji between the green candle? Yes, I said I would have closed where you're talking. Which? This Doji here or this. The green Doji, say. Yes. Green Doji. The red dodgy, which read Doji. This red dodgy. This Dragonfly Doji. Is that what you're talking about? Yes, I would. No. Oh, you're talking about these red dojis. Yeah. You don't close trades on the Doji on a downtrend. When you see a doji below the 8 exponential moving average, you ignore it. Are you talking about these Dojis here? Hello, I'm talking about the red Doji between the two long green candles closing the short day. Obviously, we're writing it down.

This year or this year. That one. This one. The short on that one. So where my mouse is. Yes. I would have closed my short there, and I would have opened my long above it. So no, I wouldn't have closed my short there. Yes, you're right. Because that's the second candle above the 8 exponential moving average. So I would have closed. No, I wouldn't have, because that's a Doji. So when there's a Doji, I would ignore. I would ignore the rule.

So the Doji means that there's indecision in the market. I would have ignored my rule. Okay. And I would have waited for two more candles to open, either above or wait. Wait for the banks to make their move. So no, I would not close. Have closed my trade there. If I was long, I would have closed the. I would have closed on the Doji. But if I was short, no, I wouldn't have. I would have waited. So I would have entered over here, which was a 50 pip. It was a 50. A 50 pip move. Do you understand? Mon. Awesome. Thank you. Are you 100%? 150. Perfect. Mute yourself, please. Let's move on. Okay. Is there anybody that does not understand the rule of when to open a trade and when to close a trade? So let's add in another rule about the Doji. When I see a Doji, and I'm going long, so I've entered, I'm going long, the price is going up. When I see a Doji, I close my long trade. I don't. And then I wait. I wait, and I wait, and I wait for the second candle to open below the 8 exponential moving average. If the. If the trend carries on going up, you've got one candle here, a second candle going up here. What you can do is that if the price retraces back down here to. To the. To the same level as we opened the long. I would close my trade in a zero sum at zero sum, which means that I haven't made profit and haven't made a loss. So when you see a Doji, you need to be very careful of how you're trading, especially with a long. Just rather close the trade on the long. If the candle spikes and you get a second candle above the atma, you can go. You can take along, but if it comes back down to the Doji, rather close the trade and wait, because it's more than likely going to go against you and it's going to go south. Are we good? Moving on. So there are different types of Doji. So what is a Doji exactly? A dog means that the price. Look at this Doji over here. This is called the gravestone doji. It means that the price opens, maybe the price goes down and forms this wick. Then the candle goes up to the top and then the price starts coming down and then the candle closes at the same place that it opened or very close to it. So there's a very small body. So don't get confused between a spinning top and a doji. That is a spinning top over here means it's a more of a square. And that. That oblong. There needs to be an oblong. That is the doji. Okay, On a. On a. This is a doji. This is not a spinning top. It's more a spin. A spinning top is a little bit longer than a square. Okay? So on an uptrend, we definitely take heed. We get out of our long positions when we see the doji. If we're going short, we ignore the doji. So this has an 8 out of 10 success rate using. Using that strategy. As I said before. Okay, so there are 12 candlestick reversal patterns which I've sent to you on the chat. It's a PDF. There are 15 reversal patterns. Now don't get freaked out. At school, we learnt our 12 times 12 table. 12 times table. And in each 12 times table, there were 12 sums, which means that there were 144 calculations. So let's put on our big boy panties now, guys. And we're going to learn 15 reversal patterns. I only like to use two or three of them, but it's nice to. To look at the chart and know what's going on. Like if there's a harami or if there are three white soldiers or if there is a morning star or an evening star, I like to know. And I can. We can pinpoint it and we can say it's very possible that the price has reversed and we start getting ready to enter our trade. So it's very, very important that you go through that PDF and study that PDF and learn those 15 reversal patterns. 15 candlestick reversal patterns and start recognizing those patterns on the chart so that you can start preempting what's going to happen in the future. You're going to be looking. It's like a looking glass into the future. Now you're starting to learn predictive.

Predictive candlestick analysis.

Candlestick reversal patterns. I've sent it to you. It's a zoom. It's a. It's a Dropbox link. You can just download it. Okay. Groovy. So people say that you need to trade without emotion. Now, I don't know if you've realized from the zoom call. I'm an extremely emotional person. To trade without emotion is nonsense. You are not robots. Your body is telling you key information. When you are doing things like you drive your car and you get a ticket, it's just too late. You saw the camera too late. But before you saw the camera, you had an instinctive feeling, like a sixth sense that there was something wrong. Who here has felt that and has had that experience? Say yes. Say yes. If you've said. If you've had this. Your body is telling you stuff. You guys, you know, we talked as kids. Be big. Don't cry. Big boys don't cry. You need to listen to your emotions. If you're about to hit the trade button and you're shaking and quivering, it's, it's a couple of things that you need to start taking cognizance of. One is you are at a point of. You're not understanding the, the chart or your wallet. Management is poor. So a lot of you want to get rich today, not in two days, today. And you are taking trades that are too big for your account. That's what you are doing. You're taking trades too big for your account. And you can't hedge trade because you can only open one or two trades at a time. Three trades and then you run out of margin and you blow your account or and it's because you've taken a trade, it goes against you, you're freaking out and then you lose your money. Okay, so in the beginning you're going to have emotion. I can't remember if I've got the slide or I don't have the slide. Let me just see if I, if I do or I don't know. I don't, I don't have it. Okay, so if there are, there are four points of learning. When you start anything, the first place that you start with is you are consciously incompetent or unconsciously incompetent. You don't know that you don't know. So before you came onto the seminar, you don't know that you don't know. After I started mentioning stuff, you now realized that you know that you don't know. Which means that you are now consciously incompetent. You now know that there's a lot to learn. So I'll give you a prime example of your driving. You're going to go for your driving test. You get into the car, you've got your trainer next to you, and you get in and you're shaking. And there's buttons and knobs and wheels and, and indicators and pedals. And your mentor says, right, start the car and let's just ride the clutch. Which means that we're going to take the handbrake down and we're going to use the clutch and the accelerator to hold the car and not roll backwards. Okay? So before you actually put your foot on the pedal and your foot on the, on the clutch, you were unconsciously incompetent. You didn't know what you didn't know. Now you put your foot on the, on the accelerator and the clutch. You lift the clutch too soon, the car stalls. You now are consciously incompetent. You now know that you don't know, oh my God, I don't know how to do this. And he teaches you, and he takes you through this process. Okay? Then eventually you get it right over, over about 15 minutes or 20 minutes of doing it. Stalling, starting, stalling, starting, eventually. Now you've got a handle on riding the clutch, and you are now, you can now hold the car steady and it's working. Now you are consciously competent. You are conscious of everything that you are doing. So now you pull off and you're riding, and he says, right turn left here, and, and you're looking for the indicator, and you push the indicator down. You are conscious of every single thing that you are doing. Consciously competent, okay? You now know how, how to do it. And, and you, your brain is telling you, okay, put the indicator down, turn the wheel, look in the mirror. You're conscious of everything. Then you qualify for your driver's license. And three months later, you arrive at work and you are in a daze, and you arrive at work and you think to yourself, geez, I didn't know. I don't even know how I got to work. That is called unconsciously competence. You don't even know. You don't take note of anything anymore. It is automatic. That's where you're going to get to only if you follow rules and a system. The system is a lovely acronym. It stands for saving yourself time, energy and money. So if you have a system and you follow the system, you can then remove a lot of the emotion behind anything that you're doing. Especially in trading. I don't say eliminate the emotion, but you can remove a lot of the emotion because you're following a system and a strategy. So if the trade goes against you, it's not emotional anymore. It's expected. You can say, that's part of trading. Let's Go back to the manual. Right. So we're losing money on this trade. What should we do? We should open a short based on our rules, not close the trade in a panic and lose money. That's what amateurs do. We are professional traders. We don't close trades in a loss. We follow the strategy. Okay, Are we all good? Do we all understand?

Right.

Okay. So choosing a broker. It is very important that you choose the correct broker. We work with a very specific broker for a lot of reasons. One of the reasons is because they're the biggest broker in the world. They got, I think it's 24 million active traders worldwide. I forgot to change my slide. I'll change it. They are reliable. They've been going for 14 years. They have got a reputation in the industry. They sponsor Leicester City Football Club in the uk. Now for anybody to sponsor a huge football club, I'm sure that the football club did their due diligence on FPS. So they've got lawyers and accountants and they've done their due diligence. So there's no need for you to go and do your due diligence. It should give you some sense of credibility that this is a good broker. They are FSCA regulated which means they're regulated by the Financial Services Conduct Authority here in South Africa, Belize, Cyprus and Australia. And it's a very cost effective broker because they have low spreads and you can get your swap fees removed. If you belong in our organization, which I will share with you how to do and that was part of the pre seminar training. So I hope that you did that. If you did then fantastic. Welcome aboard and we can help you further. And a lot of you are joining these hubs. HUP is a high yield investment program where they offer you 2% a day, 5% a day, 10% today, 3% or 20% in a week. It is. Maybe they are doing it. Maybe there are some companies that are legitimate but from what I have investigated, they are all Ponzi schemes. They are rolling money and you will all lose your money. So my job is to help you to take responsibility for your money and teach you how to take responsibility for your money and be an adult and not let anybody invest money for you. So when you give your money to other people, you are shirking your responsibility as an adult. One of the biggest advantages of being an adult is to be responsible for our own money. But we don't know how. And the reason you don't know how is because you haven't got a mentor and that's what we are here for. We're here to help you and to mentor you. Just to go back on the emotions point on the last slide, I have a telegram group which you can join. It's part of the links that I've sent you. We where I talk about quantum physics and I talk about meditation and how you can create your best life just by thinking it. So a lot of you are religious and you go to church and you call it prayer. Some people are not religious and they are agnostic and they call it meditation. So whichever verbiage you like to use, the point is, is that it is now a scientifically proven fact that what you think about, you bring about. I would actually even say to you that you can even move the market with your mind. And people have seen me do it on my group. So it is real and it is happening. You think it's chaotic. It is not chaotic. There is a system. Please bear with me. I have a cat. My cat is called I will be back with you. Now, that's the broker that we've discussed. Right? So hedge trading, you understand what we talk about with hedge trading? Okay, so hedge trading is when you take trades in both directions, either simultaneously or when the trend is reversed and you've got a long open. The longest losing money, you take a short. Pretty much. That's what it is. That's all it is. Okay, so, so basically going long and short at the same time without using stop losses or take profits. Okay. The same as what a hedge fund manager does. Do you have any questions? It's now time to unmute yourselves or to put up your hand. Ask questions, and I will then unmute you. Raise hand. Willem Bazadenhoet. Let me find you Willem. Good evening, Adam. How's it? Thank you very much. This is my second time on your seminar. I just got one question. I don't know if there's any relevance to tonight's session. Yep. Will you be able to do one with the resistance and reverse? Yeah, we're going to do that now. Okay, thank you. Okay, commute yourself. Does anybody have. Anybody else have any questions? Nobody? Okay, so we're going to trade. Let's trade. Open up your phones and let's look at the phone. Now, before I do this, I want to tell you something. I've got a trick for you guys. So some of you want to.

Be trading all the time, and you can't get to your phone, and you can't check your phone, and then you miss the entry because you were late. You see that the second candle opened above the 8 exponential moving average and you missed the entry. So I've got a tool that I created, brilliant tool. It scans 24 pairs I think or something like 20 pairs on one chart. And then you can open a second chart and list your other pairs and you can scan all the pairs, every pair that you want. So if we go here and we right click and we say indicate to list and we go to the 8 exponential moving average in here I'm just going to remove USDCHF USDCHF XAU USD okay, let's have a look. If I've done it correctly I have click OK and they have added XAU USD. Let's just close that.

Should be here somewhere.

Probably have to redo it and add the chart. But you get. There it is, there's the XAU USD. So this indicator tells me when the price is. The second candle is open above the 8 exponential moving average. The price is 20 pips by the 200, by the 100 or by the 50. So where I see the red bars I can tell that the price is ready and I can take a trade. So if you click on it, it goes to that chart and I can trade. So now you can see here, there's the first candle, there's the second candle and it's below the 8 exponential moving average. We could trade. We can take a short. So on the phone there it is, chart USD JPY so there it is. It's below the 8 exponential moving average and we can take a short look at that. And it's far away from the 100 moving average. So we can take a trade. We're going to say trade. We're going to trade very small trade, 0.01. Just a test. We're going to see click sell. That's it. We're now in the trade. Okay, the spread is very low. So watch the spread. The spread. If we look at the chart.

It says here 1.3. So if you don't have those numbers it's because maybe your, your NT4 looks like that because you're on simple. You need to go to the advanced. So click on the advanced and then you can get more information. And this says 13. That's not 30 pips, that is 13. That's one point. Excuse me, 1.3 pips. Just gonna pause my, pause my share and I'm gonna find that tool for you so that you can go and purchase that tool. Because this tool is gonna change your life. Okay, so there is the tool I highly Recommend that you purchase that tool. It's cheap. With that tool, I give you mentorship. I give you a server, a VPN server. I give you.

It's going to change your life. You need the tool because this way you'll know that you can enter at the correct time. You'll be notified. The great part is, is that your phone will ping you.

And it'll tell you, okay, it's very simple. You can, you can set your phone up and it'll ping you to tell you that. Go fill in the form there. Go and buy this tool. Gonna change your life, I assure you. Okay, so let's go and check it out. Check out this trade. Okay, we're on. Okay, so the spread means we're talking about the spread. So we're going to open up a new one, a new, a new currency. It's an exotic and it's all USD. So a lot of you are trading USD. And the problem with your old strategy is at the bottom here, you can see that it says there 133, which is 13 pips. So you have now using your old strategy, you would risk 30 pips and you would make. And you would take profit at 15 pips. So as you open the trade, you've already lost 11 pips. You are halfway to your stop loss. So you, you've set up your stop loss without even taking into consideration the, the spread. That's why you're getting stopped out. The broker's making money, not you. You've got to trade number one. Okay? You should be trading on one or two currencies only. That's it. Don't trade more than that. Okay. Don't trade on every opportunity that you get and use small lot sizes. Once you start winning at the strategy, then you can start increasing your lot size. You see, if you use big lot sizes, you have a margin percentage level here. So when you use big lot sizes, this number decreases in value. So if you use a one lot, you'll probably only be able to open with $100, maybe five trades if you're lucky, and then you're done. You have to put more money into your account or you can have a margin call. So it's very important that you don't use big lot sizes and you start understanding the strategy and you start learning how the strategy works and you're making a little bit of money. So Warren Buffett says the first rule in investing is to never lose money. The second rule of investing is to refer to rule number one. So you need to protect Your capital, do not lose money. And the only way to do that is to one, understand your strategy. Two, use correct wallet management. Three, use a journal. Four, listen to your emotions. So here we're about to go into profits with this trade because we have timed it correctly, only because we've got this tool. So I didn't have to go and scan through 20, 30 trades at the different charts. I opened it, I opened my indicator on one chart. It tells me what to do and I go and do it. So I'm going to just speak to Mpor. She has asked to, she's raised her hand.

If you have your hand up and you don't need your hand up, please put your hand down. Mpo, you can unmute yourself and you can ask your question. Welcome.

Hello, how are you? Mine. All right, and you? I'm fine, man. I'm just on my MT5 trying to check this on my phone. Your screen is not the same as mine, so. Yeah, because you haven't set it up and you haven't done your pre seminar training where I teach you how to, how to set up your chart. I'm not using MT4. MT5, I'm using MT4. You're welcome to use MT5, I just prefer MT4. Oh, I do have MT4. Okay, so I'm going to post, I'm going to post everything in the chat. Now you can copy those links, go and do the pre seminar training and then you'll, you'll set up your chart the way I've set up my charts and, and then you can start trading the way I'm trading. Okay? Okay. No, thanks a lot. Okay. You can mute yourself when you, when you're done. Right? So if you look at the screen, we're at zero sum, no profits. So from a loss of a few cents we've now gone to zero and hopefully by tomorrow we'll be in profit. So there we go. We're already starting to make profit. There we go. Timed it perfectly with the help of my little indicator. How clever. Didn't have to scan 30 charts. Didn't have to go through. Checking, checking, checking. Breaking my eyeballs. Okay. Getting off, wrecked. Okay. My brain. I'm fresh, I'm good. I can trade, I can trade in the evening. Okay, don't trade against the trend, you trade with the trend. If you trade against the trend, you're going to make problems for yourself and use a live account. You must use a live account. Do not use a demo account, because when you're using a demo account, I Know what you're going to do? You're going to enter a big number is capital. Capital that you don't know and you don't understand. You put in live money and you trade with live money. Now, to be part of my forex group where I mentor you, you have to sign up with my broker and you have to put live money in your account. You have to send me proof that you've done that. Once you've done that, I will add you to my learn to read a forex chart telegram group and I will mentor you together with my other traders. And on that group are institutional bank traders that we work with. So you're not only getting my opinion, you're getting the opinion of other traders that have been trading with me for years. All right? So we're not going to just give me my opinion, you're going to get the opinion of my other traders. The minimum deposit is $50. We want to know that you are serious and that you are going to take this seriously. So there are two kinds of people in the world, okay? People. There are traders and there are hobbyists. Do hobbies make you money or do hobbies cost you money?

Put in there cost or make type for me. Do hobbies cost you money or do hobbies make you money? They cost you money. So you need to draw a line in the sand and say, this is not going to be a hobby for me. This is going to be my future. I want this to be my plan A for whatever. If not this, then what? If not now, then when? If not with me, then with who? I don't tell you to take a trade. I don't give financial advice. I teach you how to read a chart so that you can make that decision yourself. Please don't come onto my group and say, are we north? Are we south? What are we guys? You can come and ask questions on the group and say, according to my understanding of the lessons, the second candle has opened above the atma. And am I correct in saying that we are long? So you need to show us that you've done the training and from your understanding this is what you see. Then we can help you. If you ask if we are long or short, we will not answer you. No one will answer you. We only want to know that you have understand the education. This way we are not feeding you fish, we are giving you the fishing rod. I hope that you notice that there's no stop loss on my trade and there's no take profit on my trade. Now normally I don't trade any other currency other than gold. So I'm going to go back to the gold chart so that we can do a little bit of gold trading at the same time and we're going to look at the trend. Okay. So I said we were going to trade on a 15 minute chart. So that's what we're going to do. We're going to trade on the 15 minute chart. So if I look at the four hour chart, I can see that we are on a resistance line. So somebody asked me, I think it was film, am I going to talk about the resistance lines? So what I've noticed is, is that the banks are trading from resistance line to resistance, to support and resistance lines. That's how they're trading. Now there's a lovely way to see the resistance lines without having all the clutter on your dashboard. So let's firstly delete everything off the chart.

And then we're going to go to, in the bottom right hand corner it says settings and then we're going to click on charts and we're going to click on line chart and then we're going to click back and we're going to go to the chart and we're going to turn it sideways and now your bar chart is gone and it gives you a better understanding of support and resistance levels. So here are your support and resistance levels. Okay. So you can see. So what is a support and resistance level? A support and resistance level.

Sorry, a support and resistance level. Must I do that again for you? So you click on settings in the bottom right hand corner, you click on charts and then you click online chart. Then you click back and you go to the chart and you turn your chart sideways and you draw a line by touching on the screen, clicking the square, the triangle and the circle on the right hand side of the screen and you can click on a horizontal line. Okay. If the horizontal line isn't in your fast menu, click on Add Object and find the horizontal line. And then you touch the screen for the horizontal line to be on your chart. And then you can touch your finger on the line and then you can move the line up and down and then you move it to like a peak. A peak. Okay. And you can see that the price is touching the 100 moving average, the blue line, it's touching a peak over here, a peak over there and got. So these are resistance levels. So that is a channel. So what is a resistance level and what is a support level? How do you know which is which? When you stand on the Floor, the floor is supporting you. That is a support line. When you touch the ceiling, you can't go through the ceiling. So the ceiling is resisting you. That is the resistance line. So we now know that we could very possibly be at a resistance level. So the price may reverse. So it's by no coincidence. So if you look at my chart now, this is the next day.

And you can see that there was a morning star and then price drastically reversed after nfp, the results. And as you can see, this happened on the blue line, which is the 100 moving average, which is what we had anticipated.

That the price went up, drastically touched the blue line and stalled. It's not that the blue line has come down to the price. No, the candle went up to the blue line and stalled. It is astounding to watch. It is fascinating. The bank has made a move and then they have sold at a level and they have stopped the bull run dead in its tracks at the 100 moving average. And now we will probably go sideways for a few days and then the banks will make a move tomorrow for nfp. Non farmers, payroll. Nobody knows the direction. All we know currently is that we are long. We don't trade fundamentals. Fundamentals is the news. The news is manipulated and the banks can trade in any direction. We don't want to be trading fundamentals and listening to the news and speculating on the speculating point. Get away from the media. Join. My success starts here. Telegram group. Do not listen to the news. Do not watch the news. Do not read the newspaper. So people, my mother says to me, you live with your head like an ostrich buried in the sand. My response to her as follows. Ignorance is bliss, mom. And if it is that bad, I know you will phone me and tell me. And somebody is going to phone you and tell you the bad news. You don't have to go and discover it yourself on Facebook, Instagram, TikTok, YouTube and Bloomberg, CNN, Sky, Twitter, etc. Okay, if it's that important, somebody will tell you about it. Do not invest your time and your money in the things that you cannot control. Do not major in minor things, okay? And do not mistake movement for success either.

So we're back to square one on the trade. It's fine, but let's go to gold and let's go to the 15 minute chart and let's see, we're going to change the chart back to a bar to a candlestick chart and what we're going to do is we're going to wait for the second candle to open above the 8 exponential moving average. So we can actually change this indicator to a 15 minute chart and everything will change. Everything will change. So now this indicator is working on a 15 minute chart. It's now scanning all the pairs and we are looking for gold over here. So when the second candle opens above the 8 exponential moving average, we will then open a long trade. I want to be trading with the trend at the moment. We know according to the four hour chart the trend is north. We know that it's been north for days, for a couple of days. Now we want to continue with that and we want to trade with the trend. Don't trade against the trend. You will get yourself into trouble. So we don't want to go short here. Although we're on a resistance level, we don't want to go short. Okay, so we're going to go back to the 15 minute chart and hopefully we can get it. We can get a trade. So let's have a look here. Both candles are below. So we had one candle. Both candles are below the 8 exponential moving average on my phone over here. So this candle you can see there, it looks like it's above 8 exponential moving average. It's not. It's an optical illusion. You can see where the last candle closed. So let's do this candle, the green candle closed below the 8 exponential moving average. You can see by the yellow line that the red candle has opened at the same level as the green candle. Therefore the candle is below the 8 exponential moving average. So we just have to wait and we have to see what happens. We will only take a long. When the second candle opens above the 8 exponential moving average, don't worry about the red arrows and the green dots, you want to know what they are? The red, the red arrow is called the Bill Williams fractals. There's a video on my course which explains that. And I just want to tell you that you need to get to my course quickly because the days of it being free end at the end of June. I will no longer be offering my services for free. I will be charging $27 per month for my course. This is like your last call to get my, my course for free. At the moment it is free, but it will not be free after June. So I highly recommend that you go and get onto my group while it is free. And don't forget to go and purchase my amazing tool. Now this tool comes with an equity protector. In case you make a mistake. It has got a hard stop loss that will protect the percentage of your capital, the percentage that you wanted to protect, either 20%, either 30%, which means that 60% of your capital will be gone. Or you can set it that you want to protect 60%. So when your drawdown is 30%, all your trades are closed out in a loss. Then I've also got a another EA that it comes with, which is an EA that will help you to manage your hedge trades and get out of your hedge trade. Okay. Which is very important, very, very important to be able to do that. So it comes with that. So this, this if you purchase the software today, okay, it comes with about a thousand dollars worth of bonuses. So I highly recommend that you go and get that indicator now and take your trading to the next level. So we'll go back to the trade. See, it's unfortunate that we have these seminars in the evening because it's late at night. Not just yet. It's early afternoon in America. And the only market that's trading really now is America. So the UK's closed and Tokyo's closed and Frankfurt's closed and Aussie markets closed. But I know that by tomorrow, if you took a trade. Put your hands up. If you took a trade. Put your hands up. Who took a trade? Did you guys trade this USD jpy? You can't see. You can't see. Okay, nobody take the trade. Only me. My making manual, my own two people have raised their hands.

Okay.

You can unmute yourself.

Yeah, you can talk. And Ajith, I'll take your. Yes, I know I did. Oh, you did. Okay, creepy. So is running on profit of 0.5. What you. Okay, okay. You're trading us, so your account is a US dollar account. Yes. Okay, wonderful. That's another advantage of FPS. Okay, Is that if you can see my screen, it's a US dollar account. So anybody that was trading with me from three years ago with the rand was 17 rand to the dollar. It's now 19 rand to the dollar. So you've just made 20 on your money just by having your money in dollars. Okay, all the other brokers in South Africa, it's all Rand based. It's pointless. Okay, do you want Rands or you want dollars? I want dollars, not Zim dollars. I want dollar dollars. Greenbacks. Okay, so Moni had her hand up and you put it down. I don't know. If you want to ask Ajith, you can ask your question. You can unmute yourself.

Ajith, you can unmute yourself. Siko, you can unmute yourself.

If you want can hear me Yellow. So I have a question. I have a question. So I remember you just said a few minutes ago that we shouldn't listen to the news. So something I always come across on TikTok is that the doll is falling, you know. So I want to know your advice based on people that have accounts in dollar that should they remove themselves from the dollar or they should stay with the dollar even if single value goes down. Are you following bricks? No. Do you know what bricks is? I have no idea. I'm still a student. Basically I just heard about you like a few weeks ago. Okay, cool. So the news is there to create.

Sensationalism. There to. It's not Pollyanna and the, the flower meadows, they're not going to tell you the good stuff. It doesn't create harp nobody. Like we, we like to know, we all rubbernecks, you know, when there's an accident on the highway, we turn and we want to check the gore and the blood. Nobody knows why that is. It's just part of our human nature. And the news feeds off that. They feed off that fear. It's fear mongering. And they said it sells. Good news doesn't sell, bad news sells. So lots of people have got bad news to say about everything. They've got bad news to say about the dollar. The dollar's going to crash and it's the debt crisis and what are they going to do with the debt and the debt ceiling and the dollars going to the dogs. And.

I don't think the dollar is going anywhere. They've been saying that the dollar is going to crash since the 60s. And I don't think that the dollar is going to crash, not for a long time. I think that the dollar might crash, will crash if there's a war between China, Taiwan and America will have to get involved in all the currencies will go to hell. But at the moment it doesn't matter. Who cares? Who cares really whether it's up or down. We make money because we've got a strategy. So just stay away from the news and follow the candlesticks. Who cares what the news does? So we, on my group, we discuss the news a little bit and we all have a, you know, we have our banter and we talk about the news and then we move on. We candlestick traders, we're not economists and we're not academics except for my institutional traders. And even he says like it's manipulated, it's. Nobody knows what the banks are going to do. They've got a mandate. The banks trade between each other. And it's, it's a bit, it's a bit of a dark place. Look at this trade, guys. Look at this trade. Look how we're making profits. Where, let's check. We are making profit. It is down and we're in profit to look at the spread here, the low spread, and we're in profit and we still south and it's fantastic. Now where this is a live account, this isn't a demo account. I trade live with you on live accounts. I do not trade demo, okay? I don't know of another mentor out there that actually has the balls to trade live with their students. It's all hocus pocus and on YouTube and they bang to take trades with you. I'm trading live with you and I'm sharing stuff with you, okay? We're in profit. Just wanted to take a small trade for you. I don't like taking big trades with my students. I want to teach you wallet management and I want you to get your emotions under control so that you make good trading decisions based on rules and a system not based on emotion. Okay? Initially it'll be emotional, especially if you're using a one lot or a ten lot. Okay, you're going to be freaking out. I see your questions. I will take them down now. So now it's cruising, okay? So let's go check the growth. Let's go check the growth. So we're going to draw a line, okay, from where we opened the trade to where we closed it, where the trade is, okay? It's a small trade. It's 4.5 pips. 4.5 pips. It's 5 pips. And a lot of you would put your. Would put a take profit.

There.

That's the old trading. Come now, a lot of you would take. Would put your take profit there. I don't use a take profit. I don't use a stop loss. If it goes against me, I will open a hedge trade. Very simple. I'll go long to the same value as I went short. Okay? Right. So Ajith, you had your hand up. You can unmute yourself if you want to. Marnie, you can unmute yourself. Sikor, if you. If you've got another question, you can unmute yourself and can you hear me? Yep, I can, buddy. Good evening. How are you? Good, thanks. Thanks for your contribution. Really appreciate it. My pleasure. My question to you, okay, this system of yours is quite new to me. It's new to everybody. Nobody teaches it. Yeah, yeah, I see our system. So there's no price action or anything of that sort in the system. It is price action. We're going along. When the second candle opens above the atmi and we're staying in the trade with the price action, we're riding it north. The price goes up. We're riding it. Okay, thank you. What do you refer to as price action? Explain your theory. No, no, what my reference is to like, you know, most of the traders talk about, you know, when you open up your chart, you go down, top down analysis. You spend probably half an hour on your chart before you actually pay the trade. Oh my God. I was thinking, I was thinking in that line, dude, I spend 30 seconds on the chart and 8 seconds on the charts and I know if it's long or short. Okay, eight seconds and you know you can have a. You can look at the chart and say, is the second candle above the 8 exponential moving average? Are we near resistance level? Yes or no? Trade. Eight seconds. Spending half an hour on a trade, that's a job. I don't want a job. No disrespect to you. A. No, no, no, no, no. I'm sticky. No problem. All good. Sikho, your hands up. You can ask a question. Marnie, you can unmute yourself if you want to or put your hand down. And atith. You could put your hand down as well if you got Sikh. And Marty, if you've got nothing to say, please put your hands down. Microphone unmuted. You can talk. Hey Alan, I just wanted to say I started your course on Monday and I've already taken I think four trades. They're all in blue. I love seeing blue. Yes. I've never in my life seen a trading strategy they so in line with the trend. I am so excited that I was able to join this and I really say I have been trading for that long and your system is very simplified. I'm really enjoying it. Thanks so much for sharing it. Thank you. So called shivers. It's what I live for. These testimonials. I did try and phone you. I did send you my WhatsApp or Telegram. So there's guys, trading is simple. It's not easy, but it's simple. You're trading on the screen. Worst mistake, rookie mistake. Get off the screen. Do not look at the screen. Your focus is the screen, the candles. That is where you're going to be looking. Only the end. Learn to read the chart like a professional. Like a hedge fund manager. Like a bank. The bank does not look at the numbers. They look at the chart. Okay. It's like an airplane pilot. They look at their instruments when they fly. They don't look outside at the ground. They're looking at their dashboard and they're looking at all their different indicators. That's what you need to concentrate on. Okay? And now, because trading is not.

Is not easy, if you don't have time to trade and you have a busy life, then why don't you use my automated Forex software to trade for you? So I'm going to go to my website now and I'm going to show you something astounding. These are audited, independently audited results of my trading. Okay, My robot has traded this. I have made 816.3% profit in 263 days. That is an average of 27.9% profit per month. 100% automated. I'll go to my, go to my phone and I will show you. As you can see over here, it says a real account. Here is the number of the account. There is the number of this account. I will show you my profit for the day. I will show you where I am exactly. 691-556-915-5549. This is up to date, current, live and audited. I made 816% profit. In how long? 263 days. I don't know anywhere that you're able to do that. I've got eight years trading history with my robot. We update the robot sometimes five times, six times a month. I am extremely involved and committed to the Forex community in South Africa and in Africa. I am passionate about helping people become successful. And I love seeing success in the testimonials of my students. It's what drives me. I live in a little town in Plettenberg Bay. It's in the Western Cape. I'm semi retired. I don't need to work. I choose to do this because I love it. I choose to help people. When you start giving back to the community, when you're able to, you will see that that is what drives you. Some people say you've got this amazing robot. Why don't you just trade for yourself and then just get rich on your own? Well, I don't know if you've heard of this guy by the name of Warren Buffett. He owns a company called Berkshire Hathaway. It's a hedge fund. And you invest with him and he gets a percentage of your trades. So he's the richest man in the world and yet he still trades and he's still trading. Why doesn't he just do it on his own. It's about giving back. About. It's not about taking anymore. It's about how much you give. And it's your legacy. For me, this is my legacy. I want to help a million people. That's my goal. I've helped over 100,000 people trade. I want to help over a million people trade, become successful, make money. Okay? This is what's going to drive our economy in South Africa. Nothing else. It's up to us to drive the economy, not up to the government to drive the economy. We need to create economy. We need to create our own economy. Stop relying on your boss. Stop relying on what's for me. Give me. If you're looking for a helping hand, look at the end of your wrist. You need to get out of the box and do stuff for yourself. This is why I have my course. To help you help yourself take action. Because it works and it is bloody good. The results are astounding. And it's not just me that is achieving this. Many of my clients are achieving this many of my clients. If we go to the telegram group, I have a testimonials group. So this guy, I'm not sure why he had. He was hedged. He had to deal with. So he got into trouble then sometimes I love the news. So this is another guy, Anton Trump. 85.5% in 191 days. Forget about my results. Just make more than what the bank is giving you. 8 to 12% profit per month.

I mean, you know, I got into business when I was 21. I've always been an entrepreneur. And they paid me. I worked for Stutterfoots in sand and I was a salesman in the polo section when Stutterfoots was around. And I made I think three and a half thousand rand per month. And that was in my good month. And I used to work like a dog. And I thought to myself, surely if I had my own business, I could make more than 10,000 rand per month. Surely I'm not that dumb, okay, that I can make ten grand and be my own boss. And my entrepreneurial business and Life started at 21. Okay, you need to take this really seriously because this is a game changer. What we have, what you have seen tonight is a total and utter life changing experience. It's up to you now to make the effort to change your life. If you want to, we'll help you. But we're not going to drag you up the mountain. We're going to walk with you. We're going to walk this Road together. But you have to commit. You have to make a decision again. If not this, then what? If not now, then when? And if not with me, then with who? Here I am. I'm a local. Local is lekka. It's lacquer to be lekka when you lekka, okay? I speak your language. I'm in your country. I'm a phone call away. I've got eight years trading experience. I trade live with you. What more do you want? Take this very, very seriously. Get involved. Buy my atma tool that's going to help you trade and get successful. You heard what Marnie said. You've seen the testimonials. There's testimonials on my website. We know what we're doing and we want to help you succeed. Okay? That's what we want to do. Has anybody else got any other questions? You spoke your course. That will not be free. End of June. How do we access the course? Well, I've sent you an email with the pre seminar instructions. Wrong group. Okay, there it is again. You need to go through the pre seminar instructions. You need to open up an FPS cent account or micro account, preferably sent account. You need to set up your chart. You need to fund your account with $50. It's supposed to be $100. You're supposed to fund it with. Send me proof of your sent account number and the fact that you funded your account. And then I will mentor you. You will learn. I will add you to my free forex course for now, which will have access. Access to. If you don't do it, you'll miss out on this huge opportunity. Okay? That's how you do it. It's melting nicely. Yes, it is. Look at the price going down. So come back a bit. And this is where you guys freak out. Let's show you the screen. So the price has come back a bit. Only because the new candle was opening on the 15 minute charts. Okay. So that retracement back. Okay. Creating this wick was only the price action created for the new candle to open. Now that the new candle is open, the price is probably going to go south. And if it doesn't, it's okay. We'll open. We'll open along if it goes south. Okay. Thank you, Johan. I know the results are amazing.

I've explained Vincent how to do the course. I see you haven't got a hedge on your $6,060,000 account. Is it because it's a robot? With alliance has crossed at 1955 or so and now 1977, my robot has an automated hedge functionality. It's set to 30%. So when my drawdown gets to 30%, my trades, the robot will hedge. And then I've got a choice of either trading manually out of that hedge or I can use my automated hedge removal tool. It's a choice. So I deal with a lot of professional traders and they want to. Sometimes we believe that a hedge is very profitable. Okay. And you can make a lot of money with hedging. You can make 20, 30, 40, 50%, 100%, 200% profits just in one trade. If you know what you're doing and you time it correctly. So some of my clients want to use, they want to manually trade out of the hedge. Other clients, they want to not have to trade manually and then they'll use the hedge removal tool. So currently Kenneth, I'm not in a hedge. My robot does trade in both directions. So let me change to back to the robot and I've got different strategies running on my account. And it's dollar cost averaging the same way as a hedge fund will. Dollar cost average. My drawdown is low. Drawdown is, I don't know, probably 14, 14% and I've got longs and I've got shorts. The point is, is that, you know, some people say to me wow, you've got such a big drawdown. Oh my God, it's so dangerous. Well, I don't know. 816% in 263 days. I don't know. With a peak drawdown of 23.6%. I don't know. I think documentation beats conversation. I don't know about you guys. What do you think? Does my documentation beat conversation?

Okay, sweet. We must get together. Kenneth, send me a private message. We'll go for. Kenneth is also in plet. So Lakka, get together and go for a coffee. Always nice to chat to like minded individuals. So what's happening with the chart? Let's go back and let's go and see. So it's retraced a little bit. Profits at 20. It's okay, we just wait. It's nothing to do. Don't have to watch it. You can just carry on trading if you want to put in. If you're going to walk away from your chart, what you can do is that you can load the Paul Williams fractals and then you can place a trade like, I don't know, you can place like a buy stop over there in case you're worried. Then if you place it there, you're not Looking at my chart. So you can place like a buy stop over there, but then you're at the 32 moving average and the chances of you being at a support level is probable and then it's going to reverse. So I'd rather not place the trades. I'd rather set my alarm to every four hours. I trade from eight until five. Whatever happens in the evening happens in the evening. If you feel more comfortable, especially if you're trading big lot sizes, you got a trade. Make sure that the currency at the top of the chart matches the currency that you are trading. Okay, you can click on market execution. You can put their buy stop. You can put 0.1. You can put the price go back and say 1-38948. Go back to the trade. 1-38948. Place the buy stop. The bus stops being placed over there. If the currency goes up and hits this mark, your account is hedged. Okay? Hedged, you're safe. Drawdown, frozen. Your drawdown won't go up, it won't go down. Okay, so that hedge activated. This is the next day. And you can see that one of the trades is in positive and the other trade trade is a negative. And now we'll just ride the price north with that buy that is activated. And then when the price reverses, we'll close that long trade. And then when the second candle opens below the 8 exponential moving average, we will close the long and we will enter or we'll write the, we'll write the wave down. I'll probably open a short and then I'll have two shorts going. And then the I would have made money on my long and then my one short will be positive blue. My other short that we entered on the zoom call will still be red. And if the price reverses again upwards and the second candle opens above the atma, I'll close my that short in profit and then I'll open another long and so we'll go until the price reverses back to that short that's in negative and then we'll close that shorted zero sum we or we'll close it when it's in profit. And this is how we trade. We use the the average price mean, which means that the price always reverses back to its average price. So we'll just wait for that. So I'll keep you posted on my telegram group. I hope you joined it. And now we'll continue with the zoom call. If the price sparks to here, this buy trade will be in deep blue, lots of blue. Profits. This trade will be in deep negative. Do we close out the sell trade? No. When do we close out this buy trade? I'm opening it up to the floor now. This is where you need to have been taking notes. And now we're going to answer your question. So we've. We. The buy stop activates and it's blue. When do we close the blue trade? Put your hand up and I will unmute you and we can talk about it. Come, guys. Okay, Ajith has got his hand up. Ajith.

Ajith has put his hand down. When do I. No problem. When do I close my long trade? Thank you, Vincent. Appreciate the compliment. Vincent says your information has been amazing. Thank you. Appreciate your. Your kind words. Have you guys learned anything tonight? Are you excited about the content that you've learned?

Why are you not also answering my question? I'm confused.

Marnie. Marnie Stone. Unmute yourself, Bonnie.

Correct. So when the candle, the second candle opens. So let's take a screenshot. Let's take a screenshot. Oh, goodness gracious me. Right, so let's take a screenshot. Oh, I'll do it differently. We'll do it here. Right. So let's go there. Let's go here. Right. So now we're going to draw some candles. Green candles. Green candle goes up here. Okay. Then we're going to draw the atma. Here's the atma. Atma follows the green candle. Let's just make it lekka. There we go. Atmo. Right, matches. Then the atmo is about here. All right, We've got. These are different candles, not just one candle. So we've got a candle there and we've got another candle next to it. But let's just say it's one candle. Right. So then we get the atmo, and then we get a red candle. Red candle. Red candle goes down. Then red candle goes down. Right. So now let's just increase this. So we'll do the trade level.

Here's the trade level. Candle 1 below the 8 exponential moving average. Candle 2 below the 8 exponential moving average. We open a Trade 1 trade here at that level, we close our long and we ride the price down. You can either open the trade at 0.01 or whatever your lot size is. So now you've got two shorts open. You've got a short over here and you've got a short over there at the second candle above the 8 exponential moving area. And now we're riding the price down. We are riding the price down. Sorry. We need to put that candle Back. Right. Let's just go back and do that. Right. Okay. We ride the candle down and if it gets there, then both trades are in positive and we close out both trades. When do we close out the trades? When the price reverses back up and the second candle opens up above 8 EMA. If you think you're on a resistance level, close this trade at 00. No profit, end of story. Because it was on a resistance level or a support level rather. So you just close that trade out and that's it. So we know that the price has will always reverse to its average mean price. So every currency has an average mean price and the price always reverses back to its average mean price. Okay. That's why dollar cost averaging works and that's why hedging works. The price goes up, the price goes down. It's now up to you to handle the wallet management correctly. Your lot sizes. Don't overextend yourself so that you can open five or 10 trades and then don't worry about, don't worry about this screen. Yes, that's a negative. Big deal. Does it matter? No. Should you have taken profit? No. It's red. Don't freak out. Why? We have a system, simple system. Doesn't matter that it's negative. Okay, we know where's the H4. There is the H4 quite far away from the ATMA. So this is what's probably going to happen with this trade. So I know that one person took the trade. So I'm going to explain to you what is probably going to happen to this with this trade. Okay.

The price normally goes back to the atma. It touches the atma and then by the time it does touch it about there, your atma would have come down to here.

And then the red candle will open and it'll carry on going south. And where is it going to go? You can pretty much bank on it. The price is going to go down to here.

That's pretty much where it's going to go to. It's going to go to the next moving average. But the moving average would have moved up a bit. Okay, the moving average would have moved up a bit. It would have maybe moved up to there. And we're just going to just move this.

Just move this up. It's going to be about there. And that's what's probably going to happen with this currency. You can take a screenshot and we can pretty much bank it. Okay, that's what's going to happen. Do you. There is a question. So I'LL answer a question.

Pleasure. Pleasure. G. Thanks for joining us. I hope it was meaningful and we learned a lot. So has anybody got any questions or can we call it a day?

Last call for questions. It's been two hours.

So just wait a few minutes. At 9 o' clock I'm cutting the call.

So the further away the price is.

Pleasure. Pleasure, guys. So the further away the price is for the 8 exponential moving average, you can expect the price to reverse back to the 8 exponential moving average. It's just called a retrace. It's not a reversal. It's a retrace back to the eight and that's it. What's the cost of my robot? The cost of my robot? I've got different packages, but generally it's $97 in month one and then $147 thereafter. I think what I'll do is I'll post the information again for you over there in the chat. Go to the Forex Robots website, go check it out. Go and see our automated for how the automated Forex robot works. Go and check the testimonial videos. Go and see my eight years live training results. My next webinar will be at the end of June. I think the 27th of June. There won't be another webinar until then. 27th of June. Dyer, stay on my email list. Don't unsubscribe because I have free gifts for you. I've got books that I send out, free books. I've got indicators that I send out. I think you've got my, my. The fib retracement indicator that I gave to you guys was in the email that I sent to you. Hope you downloaded it and installed. It's a fantastic tool and so don't just unsubscribe. I come out with stuff all the time to help you. Cool. Guys, it's nine o'. Clock. Thanks for joining. I really appreciate your time that you've given me this evening and I'll see you on the wires. So just one more, one more question. So I had load shedding. I missed out on the indicator that you talked about. What are the details, please? I've posted, I've posted the, in the, in the chat to check the chat. Check the chat quickly and ged, it's a Beth, just acknowledge me that you have received the ch.

Guys, you've got it red.

All right guys, thanks very much. Take care. Happy trading. I'll see you on my groups. Good night and God bless.