Forex Foundation and Elliott Wave Mastery Trading Labs
The FX Trader’s EDGE™ Trading Lab is a full day of live interaction with the markets. If you have signed up for either Forex Foundation or Elliott Wave Mastery, you will receive the Trading Lab for FREE. It is part of the Seminar. The Trading Lab will give you an opportunity to work with your coach and mentor all day long. You will also develop your team of trading buddies so that you continue to have accountability to a small group after the Trading Lab. A skype group will be established to continue to find trade setups learned in the Seminars. In short, this will be the starting point for trading live with your accountability team.
Objectives:
- To Practice the Trading and Trade Management Approach taught in the FOREX Seminar in order to find high-probability day and swing trades.
- To Review a Top-Down Analysis Approach on the currencies for both day and swing trades.
- To Prepare an Individual Daily Trading Plan for each participant.
Daily Schedule: All times are Eastern Standard Time.
| Timing | Agenda |
|---|---|
| 08:00 AM to 09:30 AM | Model “A Day in the Life of a Successful Trader”: New York market analysis; Daily Setup; Scan Currency pairs and set alerts; Discuss market fundamentals. |
| 09:30 AM to 11:30 AM | Educational Interactive Day Trading Session: Study and observe FOREX Trader’s Tools and Tactics throughout the morning; learn how to assess market conditions; learn about currency correlations with US Stock market and commodities; identify high probability day trades. |
| 11:30 AM to 12:30 PM | Group time to work on Individual Trading Blotter/ Trade Plan. |
| 12:30 PM – 01:30 PM | Lunch Break. |
| 01:30 PM – 02:30 PM | Review Trade Plans and discuss various approaches. |
| 02:30 PM – 04:30 PM | Educational Interactive Swing Trading Session: Study and observe FOREX Trader’s Tools and Tactics while looking at daily, 4-hour, 1-hour and 15-minute charts for swing trade entry; learn how to assess market conditions; learn to apply Fibonacci in order to come up with retracement and projection target objectives; identify high probability swing trades. |
| 04:30 PM – 05:30 PM | Review day’s trades and swing setups; Complete Individual Trading Journal with Post-Mortem Trade Analysis. |
Traders, this is a packed full day to learn how to operate your trading business like a professional.
