Forex Mastery - Options University's FX Mastery Course Is Now Live

the new FX course that I first mentioned last week, has now been released to the public. It is the culmination of 6 years work and is said to be a forex trading system that works in all time frames, so it is therefore suitable for every type of forex trader whether you're a scalper, day trader or swing trader.

The Forex Mastery course relies heavily on mathematical formulae and probabilities to calculate key bias and support levels. These levels are exact points on the chart where the price is most likely to reverse, and where it is most likely to run into resistance, so it gives you a huge advantage over most other forex traders because it helps you identify plenty of low risk high probability trades.

It sounds fairly complex but the good news is that you don't have to calculate these key numbers yourself because the software that is included with the Forex Mastery course automatically calculates these key levels for you (for whichever currency pairs you wish to trade).

News Forex Trading

Forex news trading is one of the hardest trading methods to master. It is based on taking very quick trades straight after the important economic data figures are released each day, and taking advantage of the short-term volatility that occurs straight after these announcements. It requires great skill and knowledge even if you only trade these news announcements on a technical basis.

I personally tend to stay out of the markets around the time of these announcements because they tend to distort the markets, but I have heard of a few traders who make an absolute killing just by trading these economic data releases.

One such trader is Henry Liu. He trades the forex markets based entirely on fundamental analysis, which is of course determined to a large extent by news announcements of the latest economic figures. I have to admit I hadn't heard of Henry until recently but in the last few weeks I've received emails from two separate subscribers to this blog who both recommend his course highly.

It's called News Profiteer and in this course you will discover the profitable trading methods that Henry uses himself to trade the news releases as well as lots of additional information such as how to make additional profits from identifying the market sentiment and the daily market cycles.

what Is The Best Time Of The Day To Trade Forex?

I've recently received an email from a recently retired businessman who is intending to spend 3 or 4 hours a day trading the FX markets, and just wanted to know which hours of the day are the easiest to make money.

I may have answered this question before on my blog but I thought it was worth another mention anyway. The very best session to make money (on a short-term time frame) is between 08.00 and 12.00 GMT in my experience. If you focus your attention on the GBP/USD and EUR/USD pairs during this time then you will have ample opportunities to make some decent returns.

So why is this the best time?

Well for a start you can concentrate purely on technical analysis because apart from the occasional announcement at 09.30, there are very few external factors than can influence the markets during this time. This is not the case a few hours later when the US market opens and the big market-moving data releases are made, which can render your technical analysis completely useless.