James Lampert came from nowhere and astonished the Forex trading community with this $34 million Forex account that he built from scratch using nothing but simple Forex methods. Many traders were astounded to know that his Forex trading methods don’t use any expert advisor or any other Forex software. What he uses are simple Forex methods that anyone can master.
Download this Freedom Forex Formula special manuscript that shows how to build a $34 million forex trading account from scratch using a very simple method. The manuscript explains the forex method in step by step detail FREE. Get these Forex Scalping Cheatsheets plus the 10X Scalping System FREE. These forex scalping cheatsheets give you the best times for scalping the market plus five different ways to scalp the forex market. First triple your Forex Demo Account two times in a row, only then trade live!
What most traders miss is proper risk and money management principles in their trading. Never, ever risk more than 2% of the capital in your trading account on one single trade. Never try to risk everything on a single big trade that you think might make you a fortune. Even when you are dead sure that you have the right signals, you must not ignore sound risk and money management rules.
You can think of resistance as the ceiling of a room. When you throw a ball up, it hits the ceiling and returns to you. Resistance works just like that. Resistance is the level at which most traders are willing to sell considering the price to be overbought. So, when price action hits the resistance, massive selling takes place. This drives the price action back down.Similarly,you can think of support as the floor of a room.
Now, you should watch the Forex trading videos released by James Lampert and see how simple his Forex trading methods are. He does not use any expert advisor. He only takes 5 minutes each day to monitor his trades. By learning his Forex trading methods, you too can trade not more than 5 minutes each day and make a fortune!