Jane has asked the professional Forex traders who work at the Knowledge to Action Sydney office to each provide a list of the top 5 books they recommend for Forex traders for the newbies and “old salts”.
If you think the unemployment situation is really bad right now read a few posts on the two blogs I stated above – it will shock you just how much the main stream media hides facts. I would recommend anyone who is an employee to start looking at other forms of income and stop relying on your day job.
The last day of the course focuses on more strategies such as the “60 Minute High Test”, “Morning Cable Break” and “Snake Up/Down”. We also did a heap of work on Fibonacci. I am not sure yet if I want to use “fib” right now as for me it seems to add noise to the charts but I know a few of the K2A traders use fib.
Its lunch on day 3 of the Knowledge to Action Master Trader course and in the morning Rik mentioned that currently there is over 2000 pips of profit on the table if the Income Generator was applied to a few Euro crosses.
Rik also pointed out that he and the other K2A professional traders do not sit in front of the screens 8 hours a day trading. In fact most do not place trades every day but they still reach their targets!
The first day of the Knowledge to Action Master Trader course was better than I expected. It was not the official course material which produced the “awesome” but the course trainer’s wealth of information he passed onto us!
I have been really busy these last few weeks that I have not traded much. Though – I only really trade the EUR/USD and AUD/USD currently due to time commitments and looking at the state of the euro zone saga its too volatile right now anyway.
