Recently we provided a series on Forex Trading Methods and how a forex trader can identify a good method.

Today, we’re going to review one Forex Trading Method that meets our test for a good trading method and share with you why it’s a good trading method.

The course is called [...]]]>

Forex Trading Method: The Forex Time Machine

Recently we provided a series on Forex Trading Methods and how a forex trader can identify a good method.

Today, we’re going to review one Forex Trading Method that meets our test for a good trading method and share with you why it’s a good trading method.

The course is called Forex Time Machine, and it’s put out by Bill Poulos. If you don’t know Bill, he’s a 35-year trading veteran who spends his time now teaching students to trade stocks and Forex. Since 2007, Bill’s Forex trading courses have been widely successful in helping forex traders apply different methods to the forex markets. Click here to see Bill Poulos New Forex Time machine In Action

The Forex Time Machine course contains a set of 7 cds and individual reference manuals — both of which are essential to self-paced learning.

The Forex Time Machine teaches four unique methods to trade the forex markets and each of the cds includes in-depth video analysis of how the methods work. It also includes a forex basics course, technical analysis basic training, charting software information and trading ‘blueprints’ to help organize trade planning.

We were highly impressed with the course — and found that it passed each of the tests we place on a trading method.

First, the method is absolutely complete. The Forex Time Machine teaches the precise setup conditions, exact entry rules, intial stop rules and specific exit strategies for each of the three methods.

We were shocked by this, mainly because most courses out there barely teach forex traders a single method — and yet, Forex Time Machine teaches THREE unique methods. The most important aspect here is that the three methods it teaches gives forex traders more opportunity to maximize their profit potential.

Second, Bill Poulos is one of the loudest voices on Risk Management. Not only does he make it easy to understand and implement his forex risk management tactics, but he teaches you how to incorporate it into your trading life – that’s education you can own forever! In this course, however, the most compelling factor is the practice of how to ‘erase’ risk in every trade. That changes the potential long term impact of both winning AND losing trades.

Third, Forex Time Machine is based on simple but powerful technical analysis, yet still allows forex traders some room for market interpretation. One of the elements we felt ’sold’ us on this course, was Bill’s clear statement that not all setups will become trades. And that’s true – because technical analysis can only take you so far. But with the basic training part on technical analysis, along with Bill’s easy teaching style, we believe you’ll master TA quite fast.

Last – the Forex Time Machine is easy to understand and use — you can trade in whatever timeframe fits YOUR schedule, whether you are an end-of-day trader, a casual trader or a daytrader. This was awesome — as casual traders we found we could do all of our trading activities in less than 30 minutes a night, including analysis of potential trades, placing orders, adjusting stops and managing open trades. That’s incredible considering there are three different methods you can work with.

Needless to say, we gave Forex Time Machine our top ranking as one of the best forex trading courses on the market and one of the most complete, in-depth but easy to understand trading methods we’ve seen in a long time. Click here to see Bill Poulos New Forex Time machine In Action