Binary Options Scams On Going.

Well It's been some time, since my last post.I Have spent many Months testing and trying out the next big Forex and Binary Bots/EA's and the like.
As I have commented on before they are if not at least 99% off them a BIG Forex and Binary Options Scam.

Lets all wake up and smell the coffee, can you make an Honest living within the Forex and Binary Market, well the short answer is YES, but this takes Time Education Training, Money management, a Cool Head.
Understanding How and Why Forex Markets more the way they do.
Also as well as Money yes cold hard Cash - Cash you Can AFFORD to lose in the Forex and Binary Market's.
Never trade with your Rent - Children's Money - Food or the likes you get the point.
Golden Rule Never take out a Loan to trade the Forex or Binary Market's.

Golden Rule No: 2 Please and I say Please again Never Buy into the Bot/Ea Forex or Binary SCAM's.
If you could buy a piece of software for $97 or the likes to make you 1000$ if such a Thing really was out there No country NOW to-date would be broke.

They would all spend 99$ on it bug 100.000$ per trade and make a killing over and over again.
Guess what they already have Top Trained Brokers and Traders, with computers and servers that would make our own household computer seem like a 70's Calculator.

They Pay 100.000$ a year for Top Traders and they still lose 100.000$ but they are still within the 2-5% off Traders who make it.

90% of all 1st time traders within the 1st 3-6 months lose all There Deposits in there Forex or Binary account's.

Why = Because they miss understand what Forex trading is - it is a Business-and like any Business you need capital - Training - A cool Head - a willingness to lose Money with a view to making money.
Able to invest in yourself.

Question to ask yourself - Why Do I want to trade the Forex or Binary Market's.

The answer to this well determine how successful you are as a Trader.

Yes it is about making Money - But that the whole premises behind any Business.
But it's about How you go about doing this - so as to make yourself profitable or unprofitable.

New traders feel that they will become rich within the 1st 6 months - well this is the Biggest Forex and Binary Options LIE.

I have been Trading for over 4 years - and can tell you Right Now this is untrue.
Some months you gain maybe 10-15% others lower or even heaver draw down.

I f you want to Trade Forex please drop us a comment or mail, here to help :)

Your Emotions And Forex Trading Don't Mix

The key to making money in the FOREX market is to avoid emotional decisions and to follow a carefully thought out Trading strategy that takes the current FOREX market and history into account. Going with your emotions or your gut is not the way to Trade the Forex market. Going with your gut could cost you money. Forex trading is a highly volatile market where emotions tend to run high. Emotions can influence your trading decisions, unless you have a strategy planned in advance, and stick to it, no matter what you think you're seeing at the moment. The keys to success in Forex are system, analysis and perseverance.

Most experienced traders will tell new traders that they need to develop a system — and stick to it no matter what. Letting your emotions rule your decisions can hurt your trading in a number of ways.

Your Trading system should tell you when to buy, what to buy, when to trade and what to trade for. By sticking to your system you'll maximize your profits. A system based on technical analysis of market trends is one of the most potent tools that you can utilize if you're just getting started in Forex trading.

Many Traders, with years of experience, continue to use this system to keep the profits rolling in.

Using a mechanical system will take the emotion out of your trading, stopping one of the reasons why people fail. Your system doesn't sway with emotions. It sticks to a tried and true course. To be effective, your Trading system, whether you develop your own or copy one created by someone else, should identify the entry and exit point of all your trades. In general terms this is as follows:

Under what conditions should you acquire a currency?

For instance, you may have a buy order for when a particular currency drops more than 5 pips because your analysis tells you that that's likely to be as low as it goes.

When should you trade one currency for another and for which one?

There are two reasons we need to exit Trades, to maximize our profits, or minimize our loss. That means we have a set stop-loss order and a set take-profit order at which point you cash out your trade.

What factors will I allow to change that decision?

While the Forex Markets moves in predictable patterns, there are always individual variations of a trend within those patterns. If you've taken those variations into account, it will be far easier to decide when a factor really does make a difference, and when it's just your emotions taking over again.

How will you trade out of a currency?

Your exit strategy may be as simple as a stop-loss order when my loss hits 5% or a take-profit order when I make 40% profit'.

Another key is perseverance. Analysis of trends in the market will show you that the market moves in dips and spurts within overall patterns that are predictable. No trend ever moves smoothly in an up or down line — there are always periods of time when values suddenly shot up or down based on some outside factor.

These are the times when emotion will hurt our Trading, and our account balance. When a currency that you're holding takes a sudden dip south, it's tempting to panic into trading, cut your losses and run even if your system tells you to hold on. On the other hand, it's easy to catch a rising trade, it starts increasing in value and we rush to buy more of the same. These are exactly the times to rely most heavily on our Trading system It will tell us exactly when to trade for maximum profit.

If we can control our emotions and stick to the system we have in place we will maximize our profits and all should be sound with with our Trading account, keeping loss very small.

Candle Sticks And Your Forex Account

Why Are Candlesticks Important to your Trading.

What is a Japanese Candlestick?

we will now dig in a little and discuss them more in detail. Let's do a quick review first.

What is Candlestick Trading?

Back in the day when Godzilla was still a cute little lizard, the Japanese created their own old school version of technical analysis to trade rice. That's right, rice.
A westerner by the name of Steve Nison "discovered" this secret technique called "Japanese candlesticks", learning it from a fellow Japanese broker. Steve researched, studied, lived, breathed, ate candlesticks, and began to write about it. Slowly, this secret technique grew in popularity in the 90s. To make a long story short, without Steve Nison, candlestick charts might have remained a buried secret. Steve Nison is Mr. Candlestick.

Okay, so what the heck are forex candlesticks?

The best way to explain is by using a picture:
Candlesticks can be used for any time frame, whether it be one day, one hour, 30-minutes - whatever you want! Candlesticks are used to describe the price action during the given time frame.

Why Are Candle Sticks Formed, Know your CandleSticks, Know How to trade the market, and it's trends, the candle are your Friend ONLY if you learn how to read them.


Candlesticks are formed using the open, high, low, and close of the chosen time period.

• If the close is above the open, then a hollow candlestick (usually displayed as white) is drawn.
• If the close is below the open, then a filled candlestick (usually displayed as black) is drawn.
• The hollow or filled section of the candlestick is called the "real body" or body.
• The thin lines poking above and below the body display the high/low range and are called shadows.
• The top of the upper shadow is the "high".
• The bottom of the lower shadow is the "low".

Hope you Enjoy reading, feel free to leave any coments, or share your trading Skills.

The Binary Double up scam

The Binary Double up scam

so you want to trade Binary Options, you hear about all the hype, about all the 1000$ you can earn, this is the 1^st alarm bell.

To earn the kind of money theses so called Gurus are talking about you would have to invest and risk 1000$ in capital and be prepared to lose some if not all of it.

This we call Gambling, and if you have this mind set KEEP Away from trading the Forex Market, or Binary Options, I can't repeat this enough Forex Trading Takes Time Money Management Education, and a very good Strategy.

This takes time, and during this period if you trade you will lose some of your investment.

Forget the Gurus there’s no getting back at the market, when you lose big, this mind set keeps you losing.

Set the time and amount you want to trade and STICK to this, discipline is KEY in Forex Trading.

So the Binary Double up Scam goes Likes this:

Trade 1 = 10$ you lose – 10$

Trade 2 = 20$ you lose – 20$ (30$ running lose)

Trade 3 = 40$ you lose – 40$ (70$ running lose)

you can easily lose 3 trades in a row with binary options especially when trading the 60 sec Options.

Now Trade 4.

Trade 4 = 80$ you win - you get back your 80$ trade + 75% of the 80$ = 60$

So in this example after 4 trades with the double up Scam you are out of pocket By 10$

Be very careful of So called Gurus selling this type of system or recommending Brokers it's a Scam where you LOSE and They Both Win.

People wanting to join Forex or Binary trading need to be reminded of this Scam, if you fall for it, be ready to lose your Account.

If Such a system Work then World Governments would have there own Traders Trading 24/5 with maximum trade sizes making millions.

No one person has the magic bullet to making millions if they did it would not be on the Net for 9$ -97$

Only people who Control the Forex and Banking Markets are the elite few Who CONTROL THE FLOW OF MONEY.

Too many New traders are falling victim to this type of Scam.

Feel free to leave a comment if you agree disagree or have any info to share on Forex and Binary Options trading.

Why Trading The Forex Is Not For Every One.

Why Trading The Forex Is Not For Every One.

Forex Trading is not a game, it's not gambling there is much to learn. In fact you never stop learning when it comes to Forex Trading.

It will take months to learn all the fundamentals of Trading the Forex, there are no short cut's No magic systems, robot's or indicator’s that are going to make you thousands of Dollars.

If you want to lose all your trading account, then listen to the so called Guru's and Dishonest Broker's who are more than happy to take your money.

Trading does take time education, good money management skills, having a plan when and why you trade.

Knowing when to stop trading, even when you lose, and yes you will lose money in the Forex Market's any who says you wont, turn around a run away from them, if you want to not only keep all your trading account.

Trading is no a part time pick up today and trade and maybe come back in a couple of days, or even next week to trade.

No you need to have a currency pair in mind say Like the most popular pair EUR/USD and stick with it, find a trading system that works for you, and the pair you are trading.

It take time to why any currency pair moves the way it does on the Global Forex Market, no robot, guru or indicator can do this for you, Only your own experience within the Forex Market, and self education will do this for you.

Anyone who tells you otherwise is being dishonest or wants to Sell you something.

Yes there are some very good Forex Indicators out there, but that’s what they are an indicator not 100% guarantee of what the any Currency pair will do.

Many factors move the Forex Market's.

What happens in the US, has a big impact on the Euro, Japan’s Monterey polices have huge effects on the currency markets and so on.

There is so much to learn, the good news is you will have the time, the Forex market is always there, it's end will come at the final collapse of the Major Global Currency and world economy.

Some say we are heading that way, but this is a smoke screen, are whole Monterey system is based on, and here is the reason why.

Money is an arbitrary invention to profit from debt. Banks and governments encourage individuals and countries to be in debt because the greater the debts, the more money they pocket. Not from the interest but from something called the Fractional Reserve Banking system. This is a scam that creates money out of thin air and brings in a profit of hundreds or even thousands of percent on all debts. This 'undeclared' money makes a few people rich beyond imagination. Once you (or a country) is in debt, you or it is a slave to be exploited and raped. This is why millions are spent tricking individuals and countries into debt - they don't care if it is never repaid.

Hence you see the connection with this and the Forex Market's.

So yes there is profit to be made, but it will take time to build up a trading system that you are happy with you may change your system many times according to the market, and your trading style.

Remember Forex Trading is not Gambling, unless you know why you are about to enter a trade, and when you are going to close it, and what has bought you to that decision based all the market conditions-then NEVER trade because if you do, you can kiss good bye to your hard earned money, and say hello to Gambling.

There is much to learn in trading the Forex Markets, just to mentation a few things you need to know, like,

How to Read a Forex Quote

What does it mean to go Long/Short

What is the Bid/Ask

What are Pips and Pipettes

And finally what are Lots, Leverage, and Profit and Loss

Theses are just a few basics things you will need to know to even start to thing about opening a live Trading Account.

The more you education yourself with the Forex market (I said Educate NOT Trade) the longer you will keep hold of your hard earned cash, then when you are ready to Live Trade, you will be in a far better position to trade, and keep your lose to a minim.

Why The Trend is Your Friend In Forex Trading

Why The Trend is Your Friend In Forex Trading!!!!

Trend lines in Forex Trading are probably the most common form of technical analysis. They are probably one of the most underutilized ones as well.
If drawn correctly, they will be as accurate as any other method. Unfortunately, most traders don't draw them correctly or try to make the line fit the market instead of the other way around.
In their most basic form, an uptrend line is drawn along the bottom of easily identifiable support areas (valleys). In a downtrend, the trend line is drawn along the top of easily identifiable resistance areas (peaks).

How do you draw trend lines?

To draw trend lines properly, all you have to do is locate two major tops or bottoms and connect th
Yep, it's that simple.
Here are trend lines in action! Look at those waves!

Why Not All Binary Brokers and Guru's are Honest

Just a Quick headsup if anyone is thinking of the lastest Trading (investing) fad, BINARY OPTIONS.

 The 60 Second Binary Option Scam

This stems from the fact that some binary option brokers offer a 'revenue share' to affiliates. The problem with this is that revenue is only earned if the client loses money! So, some unscrupulous website owners are offering free trading systems that look good and promise '100% guaranteed returns'. However, they have been deliberately designed to blow up the clients account with the result that the affiliate is guaranteed to pocket 35% of his clients deposit. The main one is a system that tells you to trade $5, $10, $25 and if you have three losing trades in a row, then trade $100 and you are certain to win! Why? You can easily have ten losing trades in a row without a sensible system. That will certainly lose you multiple $140 sooner or later, 35% of which will end up in the affiliate's pocket...

Don't get caught out in this lastest Scam this is nothing more than Gambling, and you will lose All of your Investment.

Be very Carefull of this Market, if you are not for you it will turn out like a weekend from hell in Las Vegas, were all you will be leaving with is the shirt on your back.

Binary Options is so very different from Trading the Forex be carefull.