Forex Testimonials

Forex Profits Accelerator Testimonial

"I obtained your Instant Profits Course before it had a track record. It is excellent, is mathematically based, and it works from a practical standpoint. I'm an old trader and have learned over the years to be one of the 10% who makes money, and I can unequivocally state that Bill Poulos knows how to teach the hardest thing in all of of trading ... Making Money!" --Dr. John Shepard, Ft. Collins, CO

"Over two years of rollercoaster options trading and many, many systems and newsletters, I have evolved a swing trading style, but I still tend to get back into the market too early, or get out too late. I am finding that the Instant Profits system is helping my discipline with the specific rules it lays down, and I also find it very re-assuring that Bill is following through with his students." --John Kelly, New Zealand

"Your printed and recorded instruction material is easy to understand and gives clear examples. I have had more success understanding and applying your principles than any other course or book I've ever purchased." --Jean Anderson

"Bill This is just a small note to let you know how your Super Divergence Blueprint has transformed my Forex trading. I now trade Forex successfully and my trading plans revolve around DIVERGENCE. If there is no tradable positive /negative divergence, I simply do not take a trade - it's as simple as that .You definitely showed me how to trade successfully." --Norman Chitiyo

"Thank you for your Super Divergence Blueprint course. I can easily spot divergences on charts now, and it has helped improve my trading." --Evelyn Broom, Arvada, Colorado

"Thanks for everything, I loved all your courses!" --Sonja, Fanny Bay, Canada

"After going through your training facilities, I am moving from being a blind trader to intelligent one. Thanks." --Dele Awosusi, Abuja, Nigeria

"I thoroughly enjoyed your Super Divergence course and would recommend it highly to anyone wanting to learn better trading techniques. Also, when I reported a cracked CD in my delivery, your quick remedy of this situation was very professional and courteous. A personalized e-mail response certainly exceeded my customer support expectations, and with such a great product to boot, I can't help but be absolutely delighted. Thank you!" --Anna Penney, Snohomish, WA

"Bill, I have been trading on too many parameters and have been confused. Buy thanks to your e-mails trading has become much more easier and profitbale. Thanks & regards." --Arun Mewawalla, India

"'Instant Profits' was a very good course. Practical and fairly straightforward. I liked its flexibility : applicable to all markets and timeframes. I particularly liked the 'after sales' follow up, giving addition video examples of the method. Well done." --Steve Hunt, London, U.K.

"I don't think you will find a course that teaches a method of trading so clearly. Between the organized trade sheets, the predifined scans and the follow up videos that he sends every couple of months I don't see how you can fail unless you're lazy! Not to mention the next day response from you when I have a question. Keep up the good work." --Greg Surowiec, Warren, NJ

"Money management and trading discipline were my biggest failures until I came across your easy to digest information. I sincerely appreciate your excellent teaching courses that have enabled me to begin profiting." --Dave Harding, Anchorage, Alaska

"I'm using your Instant Profit for two years now, and I'm in profit since almost the first trade. I'm still not rich though cause I'm taking the wise track and only risk 1% on each and every trade sometimes less). Another 2 or 3 years and I'm retired. Thanks Bill." --Etienne, Quebec, Canada

"Bill, I look forward to receieving your persistent emails. They provide many useful hints. Thanks!" --Schalk de Klerk, Cape Town, South Africa

"Bill, Than you for providing a quick and efficient trading service!" --Susan Hurowitz, New York, NY

"I have searching for years for a true full-bodied system that perfectly fits my temperment. This is the bomb." --David Lambson, Cherry Hill, NJ

"Good day! I cant tell you how much I have been enjoying Instant Profits, these past few days. Thank you once again." --Raed

"I like your approach (and your teaching presentations) to the trading strategy. Thanks for the opportunity to review your strategy. I would certainly recommend it to others." --Jeff Smick

"Just a note to let you how much I have enjoyed the past month of study with your instant profits method. Using Trade Navigator's game mode I have placed hundreds of paper trades, both long and short, and the method is slowly but surely beginning to sink in. I think I have finally found a trading method that comes very close to fitting my personality and one that I seem to be building confidence in every day. I am really enjoying the methodology. My first real trade in my little mini account is a short of the EUR/AUD pair and is currently showing a winning figure. I know the losers will follow but it is nice to see the method produce results and start off on a winning note." --Mike Richards

"Thank you for sharing your system. I have done incredibly well trading the emini s&p 5 min. I thank my God for your course." --Ralph Broussard

"I would like to thank you for the outstanding help and additional materials you have provided. The extra charts really help." --Michael Needham

"Hope you are doing great! I am really beginning to understand your instant profits course. I am so glad that I have made the best investment and enjoying all the free bonuses you are offering. You really go the extra step and care for your clients." --Sam Singh

"I can now confidently trade options thanks to Instant Profits... Whereas before I barely had a clue when looking at charts as to what to do. I now use Instant Profits and Super Divergence together as a team. It sounds somewhat funny, but the insight the team gives is invaluable. I have only been in the stock market since July. So I don't have great knowledge and it would appear that as long as one is sensible and follows the method and is in control of emotions, they will do good if not better than they did without Instant Profits and the Super Divergence Blueprint together as a team to take profits out the market. Bill I don't know how to thank you for giving your time to creating such a system as Instant Profits and the Super Divergence Blueprint. Thank you Bill and thank your family for letting you take time from them to create this awesome method. I hope you and your family are having a great holiday (Christmas) season and have a great New Year."

--Rick Coady

Instant Profits - Super Divergence Blueprint
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FOREX Trading Fundamentals

FOREX Trading Fundamentals

Online FOREX trading is a huge business
The Foreign Exchange Market – better known as FOREX – is a world wide market for buying and selling currencies. It handles a huge volume of transactions 24 hours a day, 5 days a week. Daily exchanges are worth approximately $1.5 trillion (US dollars). In comparison, the United States Treasury Bond market averages $300 billion a day and American stock markets exchange about $100 billion a day.

The Foreign Exchange Market Established
The Foreign Exchange Market was established in 1971 with the abolishment of fixed currency exchanges. Currencies became valued at ‘floating’ rates determined by supply and demand. The FOREX grew steadily throughout the 1970’s, but with the technological advances of the 80’s FOREX grew from trading levels of $70 billion a day to the current level of $1.5 trillion.

The FOREX is made up of about 5000 trading institutions such as international banks, central government banks (such as the US Federal Reserve), and commercial companies and brokers for all types of foreign currency exchange. There is no centralized location of FOREX – major trading centers are located in New York, Tokyo, London, Hong Kong, Singapore, Paris, and Frankfurt, and all trading is by telephone or over the Internet. Businesses use the market to buy and sell products in other countries, but most of the activity on the FOREX is from currency traders who use it to generate profits from small movements in the market.

Even though there are many huge players in FOREX, it is accessible to the small investor thanks to recent changes in the regulations. Previously, there was a minimum transaction size and traders were required to meet strict financial requirements. With the advent of Internet trading, regulations have been changed to allow large interbank units to be broken down into smaller lots. Each lot is worth about $100,000 and is accessible to the individual investor through ‘leverage’ – loans extended for trading. Typically, lots can be controlled with a leverage of 100:1 meaning that US$1,000 will allow you to control a $100,000 currency exchange.

There are many advantages to trading in FOREX.
· Liquidity – Because of the size of the Foreign Exchange Market, investments are extremely liquid. International banks are continuously providing bid and ask offers and the high number of transactions each day means there is always a buyer or a seller for any currency.
· Accessibility – The market is open 24 hours a day, 5 days a week. The market opens Monday morning Australian time and closes Friday afternoon New York time. Trades can be done on the Internet from your home or office.
· Open Market – Currency fluctuations are usually caused by changes in national economies. News about these changes is accessible to everyone at the same time – there can be no ‘insider trading’ in FOREX.
· No commission – Brokers earn money by setting a ’spread’ – the difference between what a currency can be bought at and what it can be sold at.

How does it work?

Currencies are always traded in pairs – the US dollar against the Japanese yen, or the English pound against the euro. Every transaction involves selling one currency and buying another, so if an investor believes the euro will gain against the dollar, he will sell dollars and buy euros.

The potential for profit exists because there is always movement between currencies. Even small changes can result in substantial profits because of the large amount of money involved in each transaction. At the same time, it can be a relatively safe market for the individual investor. There are safeguards built in to protect both the broker and the investor and a number of software tools exist to minimize loss.

January 23rd, 2008 | Category: Forex Education

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