Q:     What is Forex? A:     The Forex (foreign exchange, FX, or 4X) market is a market where one currency is traded for another. It is the largest financial market in the [...]]]>

Frequently Asked Questions About The Forex Income Engine 2.0|
See more information and video about Forex Income Engine 2.0 in action by clicking here now!

Q:     What is Forex?
A:     The Forex (foreign exchange, FX, or 4X) market is a market where one currency is traded for another. It is the largest financial market in the world, with daily turnover in the trillions of dollars. Forex trading involves trading currency pairs such as the EUR/USD pair (Eurodollar/US dollar pair) where a buyer of this pair would actually be buying the Eurodollar and simultaneously selling short the US dollar.

Q:     What is a Forex pip?
A:     A pip is the minimum increment that a currency pair price can change. For example, if the EUR/USD price changes from 1.3790 to 1.3791, the price is said to have gone up by 1 pip. Most major pairs are priced to 4 decimals which is the equivalent of 1/100th of one percent. The exception would be the Japanese Yen pair that only trades to 2 decimals. This is because there are usually over 100 yen to the dollar.

Q:     Is the Forex Income Engine 2.0 a system or a method?
A:     The Forex Income Engine 2.0 is a set of 3 methods. As mentioned in this letter, my goal is to teach you complete, step-by-step trading methods that you will own for life. This will empower you to make your own decisions in the markets so that you never have to rely on another “guru” again. Further, you will be able to hand down your knowledge as a trader to your children or other family members.

An important word about systems and back testing. “Black box” mechanical trading systems can be computer back tested – the real world of trading with good trading methods cannot.  The Forex Income Engine is a step-by-step, comprehensive trading method that teaches you how to trade.  And when you master this method and develop a feel for the markets, you will own it for life.  As such, it is not possible to back test the Forex Income Engine 2.0, since everyone’s results will differ based on their own ability to apply the trading rules, choice of timeframe, market conditions, slippage, the size of their account, and the number of trades they are able to place at any given time. Caution: be very wary of promises of unheard-of returns generated by curve-fit mechanical black box systems.

Q:     What kind of software do I need to trade the Forex Income Engine 2.0 methods?
A:     At a minimum, you need trading and charting software that has the ability to plot price data for currency pairs, and plot the basic indicators used by the Forex Income Engine 2.0 methods. Thankfully, most good Forex brokers give you free software which can adequately achieve this. You can optionally use higher-end software which costs additional money, but this is not a requirement. The bottom line is that because the Forex Income Engine 2.0 is a series of 3 trading methods, you are not tied down to just using one particular piece of software; instead, you have the flexibility to use a variety of solutions.

Q:     What kind of trading experience do I need in order to be able to understand and trade with the Forex Income Engine 2.0?
A:     You can be a complete beginner or a seasoned veteran of trading and be able to understand and trade quickly and easily with the Forex Income Engine 2.0 methods. I include extra instruction especially for you if you’re a beginner, including a bonus “Forex & Trading Basics” module. Experienced traders can safely skip over this introductory material.

Q:     Can anyone do this?
A:     As long as you are a serious and dedicated individual, yes. Remember, there is no “holy grail” of trading, and this is no exception. So if you’re expecting a magical formula that will make you piles of money on demand… well, let’s just say, “good luck”. But seriously, if you’re prepared to take immediate and massive action and apply what you have learned, you’ll already be better prepared than 90% of the so-called traders out there.

Q:     How is the Forex Income Engine 2.0 different from your Forex Profit Accelerator course?
A:     It should not be a surprise to anyone who has studied or traded the Forex markets that there is more than one way to trade these wonderful markets. Among traders, you have those who prefer to day trade only (5 – 60 minute bars), who may not be aware of the benefits of end of day trading (daily bars). And you have those who prefer to trade on an end of day trading basis only, who may not be aware of the benefits of day trading. And of course, there are many traders that day trade the Forex markets as well as trade on an end of day basis. See more information and video about Forex Income Engine 2.0 in action by clicking here now!

There is no one right way to do this. Both offer terrific profit potential. The key is to determine which of these approaches to the markets is right for you and in so doing you may find as many have that trading both end of day and day trading is the best way to maximize your profit potential.

It really comes down to how many tools you want in your traders’ toolbox. The more you have the more flexible and proficient you can be in your trading operations.

As many of you know, our Forex Profit Accelerator (FPA) course is designed for end of day trading that aims to capture the mega moves that occur over several days offering great profit potential. For the six major Forex pairs, applying FPA will usually give you several trade setups a week depending on market conditions. These setups are then evaluated for order entry and open position order management between 5PM and Midnight EST (New York).

Since launching FPA last year, we have had many of our students worldwide asking for us to also develop a Forex day trading course of the same scope and quality of FPA.

That led to the development of my new Forex Income Engine 2.0 (FIE) course. We developed FIE by popular demand for those who have never traded the Forex markets and for those who are seasoned veterans as well and everybody in between who sense that these are great markets to trade with the guidance that a great trading method can provide.  See more information and video about Forex Income Engine 2.0 in action by clicking here now!

FIE is designed specifically for day trading, aimed at capturing quick hit moves of 20 pips ($200 per standard lot) or more in a matter of minutes. FIE will usually give you several trade setups a day depending on market conditions in any time frame you desire to trade, 5 minute to 60 minute bars. This means wherever you may be around the world, you can turn on your trading platform at any time of the day or night and expect to find a good FIE setup within a few minutes for one or more of the six major pairs. It is not uncommon to be in and out of a trade that hits the primary profit target within 20 minutes.

If you are a current FPA student, I would encourage you to add FIE to your trading arsenal. If you are not yet an FPA student, I would encourage you to master FIE now and consider FPA when you’re ready to expand your toolbox. See more information and video about Forex Income Engine 2.0 in action by clicking here now!

I believe along with many of our students that if you are a trader or would like to become a trader that is really serious about taking advantage of these Forex markets then you want to have the best tools and trading methods in your trading arsenal. And once you master these methods, you will own them for life.

Q:     How is the Forex Income Engine 2.0 different from the original Forex Income Engine (1.0)?
A:     The idea behind the original Forex Income Engine (FIE) and FIE 2.0 is the same – to enable you to become an independent trader day trading the Forex markets by learning to spot only the higher-probability, lower-risk trades.

The original FIE is based around one single method that has multiple approaches to spotting trade setups using two major indicators. FIE 2.0 splits those multiple approaches into three brand new trading methods based on the original FIE method, while also adding more indicators for a total of four.

FIE 2.0 was designed to allow you to spot trade setups even more quickly and also reduce risk faster with the “Free Trade Strategy”. Further, some traders may even find it easier to trade because its three separate trading methods allow you to focus on one concept at a time. See more information and video about Forex Income Engine 2.0 in action by clicking here now!

FIE 2.0 also places special attention on markets that are in what I call, “overdrive” mode – these are the markets that are on fire. It also splits out “counter trend” setups into their own method – the Spring Method – which makes it much easier to identify those kinds of trades.

The original FIE is still valid and over a thousand of my students from all around the world are studying it and using it with great feedback to this day. FIE 2.0 doesn’t replace the original FIE, per se, but it does expand on and complement the original method, adding three more exciting methods to your trading toolkit. See more information and video about Forex Income Engine 2.0 in action by clicking here now!

I am going to be very candid with you right now, and I risk alienating myself from most of the other Forex educators out there. However, I had to make a decision: tell you the truth, or keep my mouth shut to make good with the “old [...]]]>

4 Rules That Most Forex Traders Will NEVER Learn

I am going to be very candid with you right now, and I risk alienating myself from most of the other Forex educators out there. However, I had to make a decision: tell you the truth, or keep my mouth shut to make good with the “old boys” network of Forex “gurus“. Get more techniques and advice about Forex Income Engine 2.0 from Bill Poulos

Deep breath… here it goes…

I’ve had my eyes on the Forex markets for years, but specifically, I spent the last few years carefully researching, testing, and tweaking every course, system, and method I could get my hands on to see what was going on. So, I think I’ve seen it all, and for the most part – it’s ugly.

I have 4  Forex golden rules that I use to determine if a trading method is good for me:

It must be a complete forex  method, with setup conditions, entry rules, initial stop rules, and exit strategy rules, leaving no decision to chance.

It must include specific Forex  risk management,  Forex money management, and Forex portfolio management guidelines.

It must be based on Forex technical analysis, but it must not be a 100% mechanical system.

It must provide a way to trade forex in as little as 20 minutes a day and not force you to stare at your computer for hours.

Let me talk about item #3 above for a moment, because this is where a lot of forex traders can potentially lose a lot of money.

When you rely on a computer to make 100% of your forex trading decisions, you do not learn how to become a trader, and you never will. Instead, you essentially give up control of your trading account. This can be extremely dangerous to your portfolio, because almost every system I’ve seen since 1974 has been back-tested and curve-fit, which means it will ultimately fail, or at least not live up to its past hypothetical results.

Now, that statement might get me into trouble, especially with younger traders, who tend to believe that you can create a 100% mechanical system that never (or rarely) loses. Folks, that’s called the Holy Grail, and a week doesn’t go by that I don’t get an email from someone who thinks they have found it. Get more techniques and advice about Forex Income Engine 2.0 from Bill Poulos

By the way, this becomes even more dangerous when you base your livelihood on a third party service that feeds you signals every day without telling you their “secret formula”. What would happen to you if they went out of business?

(Just for the record, I believe some mechanical systems ARE good, at least for awhile, but I also believe the only way to maximize their use is if you truly understand how to trade in the first place.)  Get more techniques and advice about Forex Income Engine 2.0 from Bill Poulos

Be sure to read this short note because this  gives you access to a proven Forex program that ‘flip flops’ the approach most people take…& shows you how select groups of traders can get in on the huge volatility in the Forex markets RIGHT [...]]]>

Forex Income Engine 2.0 Updated. Forex Trader Software. Forex Tracer, Forex Pips!

Be sure to read this short note because this  gives you access to a proven Forex program that ‘flip flops’ the approach most people take…& shows you how select groups of traders can get in on the huge volatility in the Forex markets RIGHT NOW that’s being created by the problems in the other global markets) Forex Income Engine 2.0 from Bill Poulos. Learn more details here!

Here’s what’s up…

In the past week, over 30,000 traders got exclusive access to 35+ trader Bill Poulos’s complimentary 3-part “Flexible Forex” 2.0 training videos. These videos revealed his recent Forex discovery that shows you how to manage risk first when placing a trade, & THEN look for a profit as quickly as possible (and as many times a day as
possible) all according to YOUR schedule.

So if you have ANY interest in discovering how to finally become an INDEPENDENT MASTER trader in the Forex markets, where you always know what to do, no matter what happens… keep reading & GET READY…

A TURNING POINT IN FOREX TRADING

Bill Poulos was planning on re-releasing his step-by-step Forex Income Engine course in January to kick off the new year, but due to extreme interest from the Forex trading community, he put all his other projects on hold in order to release it this week.

Based on the early feedback he’s been receiving from those lucky enough to see a preview copy, it looks like this may be a turning point in Forex trading.

Why?

Because Bill Poulos does everything in his power to give you the “keys to the kingdom” where you understand EXACTLY what to do when you go to place a trade. There’s never any second guessing or wondering.

CAUTION: This is NOT for “systems junkies”, or individuals who like to let others make their trading decisions.

But it IS for Forex traders who like to have FULL CONTROL of their destiny in the markets.

Bill Poulos  designed this new forex income method with YOU & YOUR schedule in mind. It’s all about giving you the flexibility you need in your busy day to trade in as little as 20 minutes… or even all day long if that’s what you have time for…

-but he’s only planning on releasing 955 courses in the next week that show you how to find trade setups quickly, protect your position with a sort of “risk shield”, & then look for profit as fast as possible so you can move on to the next trade.

So if you want to…

* Triple your profit potential by simultaneously looking at the short, intermediate, & longer-term trends & then automatically using the dominant trend to virtually ensure your edge & give you the best chance for a successful trade…

* Get started quickly & place your first trade with as little as a $500 trading account when you use “mini lots”…

* Trade in as little as 20 minutes, or all day long, by customizing your daily trading plan with the time frames of your choice to fit your changing schedule…

* Enjoy frequent & fast trades from start to finish by quickly identifying only the highest-probability, lowest-risk trades…

* Practically “rub out” account-crippling losses by using simple yet profoundly powerful risk management rules. It’s like having a Forex “Risk Shield” so you’re protected at all times…

* Become an Independent Master Trader & stop relying on so-called gurus, black box systems, or other gimmicks. Be totally confident when you know what to do every time, no matter what happens in the markets…

…then check out the open letter Bill wrote for you that describes all the details by clicking here.

I hope you’re as excited as I am about this.

Good Trading,

p.s. I’ve seen this developer’s trading courses disappear in a matter of days in the past, & it’s a near certainty it will happen again… so IF YOU VALUE YOUR TIME, I really urge you to check out his forex letter here, & then ask yourself how what he has to say stacks up against how YOU currently trade forex.

Forex Income Engine 2.0 from Bill Poulos. Learn more details here!