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What is CONFLUENCE in Forex Trading? Alot of people have this question in mind on what is confluence in forex trading. And why is it so important. Lets start with the Forex Market. It is made up of traders (Big or Small) to determine the flow of the market. For example: if there are more people buying the Bulls than the bears at a period of time. The market will most likely go Bullish. And so forth if it goes bearish. Therefore, forex trading is about understanding the market sentiments. “Where is the big guys with the big influx of money moving the currency market to?” And this leads to CONFLUENCE. For example. Forex Trader A trades only on Fibonacci signals Forex Trader B trades only on Moving Average signals Forex Trader C trades only on Support & Resistance Forex Trader D trades only on Price action Forex Trader E trades only on News Forex Trader F trades only on Divergence Forex Trader G trades on other indicator signals Example: Forex Trader A sees a fibonacci signal which is strong and he enters it long. But Forex trader B & C sees their signal and took it short. The market will most likely head short if there are more traders who took it short than long. The bears won the game. From this example, you can see why Confluence is so important in forex trading and why professional forex traders enter only on confluence. When we combine all the signals, and if they come together in the same direction. Then there is a very good chance that the market will move your way. Because all the forex traders sees their signal (eg. long) and entered it. Regardless of which signals you see, it shows short. This shows that, the more trading signals you get on your side of the trade, the higher the chance of winning. Of course we need not wait until all the above forex signals come together. So long as we have 3-5 signals that comes together. We have gotten ourself a good trade. And if you take these kind of trades continuously, your forex account size is sure to grow. Remember you heard this First from Asia Forex Mentor, and at our Price Action Course – We teach the full forex trading system and strategies for you to apply in your live forex trading account. It is Not only about Confluence but is also about how to be a CONSISTENTLY PROFITABLE forex trader. To an awesome trading as always, Ezekiel Chew

this really helps us a lot.

How do you trade the news in forex trading? A lot of people have been asking on how to trade the news. although i strongly do not recommend just trading based on news only, but here’s some pointer. 1. News are categorised into the level of impact. low, medium, high just like the word high, high impact news can change the trend of the market. changing a downtrend into an uptrend and vice versa. some medium impact news do have such capability too. 2. watch out for the upcoming important news weekly and daily. and note which pair will the news affect. 3. if you are in a position and there will be an upcoming high impact news in 2hrs time. take either half your profits first as the market will start going frenzy usually 2hrs before the news. shift your stoploss to breakeven. this way, if you are going long and the news impact reversed the market, you still got half your profits and broke even on the other half. 4. if you are not already in position before the news. wait for 10 mins after the news is out before entering. as in the first 10 mins, you will see price go spiking around and it happens alot of time when once the news is out, price goes spiking up real fast. you will be there thinking if you don’t catch the boat now, you are going to miss a hell lots of pips. and when you got in at the high, price went spiking even faster downwards. what the..?! did this happen before to you? Don’t worry,it happens to every one. this is how the market works. one reason is that when the news is out, major players throw in a sum of money enough to move the market up. when people sees the market moving up, they jump in to push it even higher as they went in with the ‘fake’ movement. the major players then wait for price to go up high enough and then they step in to throw in large influx of money to short it. gaining great amount of pips in a short period of time. i know this happens, and it happens a lot of times. the other reason is that, the market is based on sentiments. even though the news is positive, and people start buying it long. making the market move up. but if the general market feel that the news is not as good as expected or for some other reason. the big players and professional traders will start shorting it. leaving the losses to those who just traded on positive news. therefore, one way to go around it is to wait for 10 mins after the news is out to evaluate the REAL market movement before entering. but as always, i highly recommend adding price action confirmation to it. then you have a high probability winner. i hope this article helps and leave me a comment to let me know how you feel or any additional input you would like to add are welcome. Asia Forex Mentor, Ezekiel Chew from www.asiaforexmentor.com

Risk Management in Forex Trading Risk Management in Forex Trading is a term that is very important in trading world and at the same time is a major point which mostly gets out of focus when traders start real time trading. The first and foremost difference in trading a demo and a real account is the human psychology. The point is here that how to overcome this problem? The best way to go is to practice hard and I strongly recommend to practice for at least 3 months as this time period will cover up learning the different time frames as well during that time; a trader can experience all effects of fundamental news and attributes. Devise and test a risk management strategy over that period without changing it, no matter it is not providing any profits, just keep using it and analyze your strategy after 3 months of so that you can average out all the good and bad runs you had during that time. Now coming to other part, i.e., devising a good risk management strategy. Originally the market used to not be for the small traders as brokers only allow standard lots or micro lots. Therefore if you are trading a small account, you are risking too much for a trade. In the recent years, there are introduction of new brokers that allows you to trade even 1 unit. This way, you can still apply the same proper risk management strategy or else your account will be blown before you know it. To devise a risk management plan, first of all figure out what is the risk percentage per trade? For example, how much percentage of the account can be lost in the worst case of a trade? Usually good traders make 1-2% as a mark to risk per trade. Next you have to set a percentage % of how much can you lose in your forex account (your maximum drawdown). For example, if you lose 30% – 50% of your account using a system. You should stop trading altogether and reflect back on your system. Find out why is it not working and where to tweak it to improve your future trades. Once the maximum drawdown and the risk percentage per trade is defined, Always keep your stop fix and don’t extend it while you are winning trades. I have seen traders extending their stops in hope that the market will come back and they won’t have to face loss in that trade. Believe me, often I have seen traders getting them into this situation and loosing out all account. There will also be times when you will be just stopped out and market will reverse, even in those cases don’t get disappointed and keep following the same strategy. Therefore, even before any one starts trading, one has to devise a proper risk management. With a proper risk management system and combined with a good trading system, you are on the right track to success in forex trading. Ezekiel Chew Asia #1 Forex Mentor

Forex Coach Ezekiel Chew ask: What’s your winning probability? FOREX COACH Ezekiel Chew ask: What’s your Winning Probability? Do you have the answer to this question? If you don’t, then probably you should NOT even trade. It is a very simple question that you should ask yourself before you take every trade. “WHAT IS MY WINNING PROBABILITY FOR THIS TRADE? “ If it is anything lesser than 60%, skip the trade. You see it makes no sense at all for you to take a trade that has lesser than a 60% chance of winning. If it’s lesser than a 50% chance of winning, why even trade? You are bound to lose on that trade right? If it is a 50% chance of winning. You are betting on your luck. That’s gambling, that is NOT trading. If it is a 60% or higher chance of winning. And if you only take trades that have a 60% or higher chance of winning. Where do you think your account size will go? UP of course. Forex Coach Ezekiel Chew ask: What’s your winning probability? Having a 60% and higher winning probability for that trade means you have an edge over the market. You SHOULD consistently take trades that are over 60% chance of winning. But if on occasions where you take a trade that is a 50% chance of winning. You will spoil your entire game and your entire trading plan. That is because you are adding a random variable to your trades. And these random variables will disrupt your account growth. For example: Trader A) Out of 20 trades, he take trades that are only 60% or higher winning probability. Trader Out of 20 trades, he takes 10 trades that are of 60% or higher winning probability and 10 trades of lesser than 60% winning probability. Trader C) Out of 20 trades, he doesn’t care about the winning probability. He just take trades when he likes it or just based on his gut feel. Forex Coach Ezekiel Chew ask: What’s your winning probability? Which trader do you think has a better chance of growing his forex account? Trader A of course! Which trader trades most like you? If you are at trader B or trader C stage, you should stop your trading now. And reflect on this. This vital question is something that you must ask yourself the next time you trade. “What is my winning probability for this trade?” Forex Coach: Ezekiel Chew Asia #1 Forex Mentor from asiaforexmentor.com

What’s the currency held in your broker? This is one very important thing that every forex trader should know. What’s the currency that you hold in your forex broker account? Regardless of which country are you living in. Your currency denominator in your forex account should NOT be in USD. This may come as a BIG Shocker to you. And if your denominator is in USD. Change It Now! -Important Forex Tip – What’s the currency held in your broker? Here’s why: My Example: I’m based in Singapore. Around 2-3 years back, the USD to SGD (singapore dollar) is at the rate of 1 : 1.4 (est) -Therefore $1 USD is equals to $1.4 SGD. -But today $1 USD is equal to $1.1~ SGD. So had my forex account denominator be held in USD. I will be making a huge loss! Just for example. If your capital is $100,000 USD 3 years back, if i convert it back to SGD. It will be $140,000 SGD. And supposedly, if i never traded the account. Today my capital left will be $110,000 SGD. Meaning i made a loss on my account even though i did not even took a single trade! Do you see what i’m driving here. Even though if i had traded the account, my profits would have been wiped off or massively reduced due to the currency difference. Which also means that you are practically wasting your time trading forex as none of your profits could be seen. -Important Forex Tip – What’s the currency held in your broker? So what now? -Here’s the fact. The USD will continue its way down, unless there is a chance of them clearing the trillion of dollars in debt. (chances are really slim) Til then, the USD will at least not grow back to what it once was. So if you are living outside of the United States. You should either put your currency in your own country’s denominator or place it in a country which has a stable economy (eg. Singapore is one of them) And if you are living in the United States. You should change your denominator to another country which has a stable economy. (Not EUR – due to its mounting debt) Some brokers will not allow the change if you are living in the United States but some will. So if those brokers doesn’t allow you to change your denominator to other currency. CHANGE THEM! -Important Forex Tip – What’s the currency held in your broker? -By changing your denominator to other currency, and if the usd continues falling against the currency you put in. You will see a growth in your capital without even trading! So that’s Extra Profits! (or even to cover your losses you made through silly mistakes) Let me know if this post has helped you. Do share it and like it! Cheers! Ezekiel Chew, Asia #1 Forex Mentor from www.asiaforexmentor.com

Foex , Professional Forex trading strategies FOEX In this Foex pair: Usd Jpy There is a price action foex price action pin bar + bullish outside bar on the 4hr time frame (right chart in the picture). Indicating an upwards movement. Most new foex traders would have entered on it right away – placing a buy order. But there’s a problem that these new traders do not realise and because of this. They would have gotten losses most of the time. Foex , Professional Forex trading strategies If you look at the 1hr time frame (left chart in the picture) You would have seen a orange line right above the current price movement. That’s the 150 moving average. Meaning, the 150 moving average is possibly blocking its upwards movement. Well, of course it may actually protrude right up to go pass the moving average. But we do NOT want to take the chance. Right? What if it hits the 150 moving average and gets rejected to go back right down? Then we would have made a loss. Foex , Professional Forex trading strategies You see.. This is the exact reason why most foex traders lose in their trades. They FAIL TO LOOK AT MULTIPLE TIMEFRAMES! That is a deadly error. What i am showing you here is only the 1hr and 4hr time frames. I have not shown you the other bigger time frames which would have support/resistance as well. Most traders enter on a trade which looks good at 1 timeframe. But they fail to realise that there are blockages (support or resistance) at the other timeframes – opposing the move. Which would be the reason why the trade did not work out. And after a series of such trades. They decided that foex is a scam and no matter how they trade, they still lose. BECAUSE THEY FAIL TO LOOK AT THE BIG PICTURE! Foex , Professional Forex trading strategies By Correcting this foex mistake ALONE, you will see an increase in profits and winning trades. Ezekiel Chew from www.asiaforexmentor.com

Forex News Trading – Why should you NOT trade this! Forex trading pair: GBP CAD This is one of a good example which is worth mentioning. Alot of people have asked me, Ezekiel – How do you trade the news? My answer is simple: I rarely trade the news. and i go on by saying that i will usually avoid taking trades when the high / medium impact news is coming in 2 hrs time. And i would only enter the trade AFTER a minimum of 10 minutes when the news is announced. Why people may say. Trading the news can make you fast money. Yes it does. But trading the news will NOT make you consistent money. Nor will it make you a full time trader. Besides its Risky and its like you are laying your stakes in the hand of god. Forex News Trading – Why should you NOT trade this! If you ask me, i prefer trading safe and trading with a plan. I do not like to leave my fate of the trade on luck by predicting the outcome of the news. Which is why i do not trade 2hrs before hand for any affecting pair. In the chart above, forex pair: GBP CAD There is an upcoming news on the GBP in 48 mins time. I spotted the pin bar before hand , but i didn’t take the trade. Because Rule no. 1: Do not take trades that have news impact with a buffer of at least 2hrs advance. So what we can see from the chart is that the market has gone wild, and people are expecting good news on the GBP which resulted in the spike of any GBP pairs. Had we taken the trade, we would have gotten stop out and made a loss. I hope you got something out of this forex news example. This is just one of the ways we trade, Check out our Winning Asia Forex Mentor Price Action Forex Course where i teach you the exact FULL Forex Trading System that i personally use. See you on the other side my friend, Asia Forex Mentor Ezekiel Chew Asia #1 Forex Mentor www.asiaforexmentor.com

A lot of people have this question in mind, what exactly is PRICE ACTION. And why is PRICE ACTION KING IN FOREX? To answer the above question, i start off with talking about indicators. There are tons of indicators out there, be it forex or others. They work mostly the same way. And there are new indicators coming out every other day. Alot of traders when they first started trading forex, they have tons on indicators on their charts. Trying different combination of which works best for them. And at the end of the day, they get confused all over as one indicator may be telling you to go long, but the other is telling you to go short. Which will result in you making bad decisions and end up blowing your account with a frustrated mind. Why does it happen this way? Indicators are derived from the chart movements. Some indicators react faster, some slower. However, as they are derived from the chart movements. They are 1 step slower than the chart. Which is in fact Price Action! Price Action leads the indicators, and when price reverses it movement from short to long (example). The indicator which you are watching is one step too late. And by the time the indicator confirms it is going short, Price Action has taken the market to go Long. This happens most of time, if not all of the time. Therefore = ALL INDICATORS ARE LAGGING INDICATORS! PRICE ACTION IS WHAT LEADS THE INDICATORS, IT IS KING IN FOREX! By understanding Price action in forex trading, we are able to understand the ENTIRE PICTURE of the market. WHY is the market moving up, WHAT causes it to stop moving, WHY is the market reversing WHY is the market in consolidation IT is like reading a book once you have mastered price action in forex. And the best thing is, It is not difficult! It is even easier than you reading an indicator. And when you mastered price action, with combination of our system. You will almost be able to pick absolutely MARVELLOUS TRADES all the time. CONFLUENCE is the King of the game. This is what equates to our high probablity trades with a high winning ratio. To an Awesome Trading as Always, Ezekiel Chew www.asiaforexmentor.com

Aggressive trading psychology in Forex Market Each forex currency pair has their specific behavior which differentiates itself from other currency pairs; similarly each trader have their own different trading style and strategies. In this article we are going to focus on aggressive traders and how they plan their trades. We will highlight the factors that traders who are looking to follow an aggressive trading style should understand. Being aggressive doesn’t mean using large stop loss or for that matter using no stop loss. Also it doesn’t mean entering many trades at a time and closing the ones that are in profit and let the ones that are in negative stay open, I will term that type of trading as reckless trading and this type of trading cannot produce profits. Now explaining what I mean by aggressive trading; for example when we consider retracements using fibonacci, the weaker levels generally lay around 25% to 35% while stronger levels are generally around 50% to 61.8% levels. What aggressive traders do is that they focus on both levels and conservative traders wait for their opportunities around the stronger levels. Aggressive forex traders can either choose to enter at both levels separately or sometimes can use strong trading levels to average out the first trade. Since the aggressive trading requires more number of entries therefore the margin required for trading also is reflected in the same manner and margin requirement is on the higher side. Similarly the risk and profit factor are on the higher side for aggressive trading as there are instances when there are multiple transactions open up and averaging each other. Another thing to remember, like all other factors, one should be very consistent in trading and should be following one consistent strategy. As the risk and reward factor is very high, generally only traders with large account size and reasonable experience indulge in such trading style. Although I do not recommend aggressive trading, traders who are into it should manage their risk % appropriately and accept the high risk, high reward mentality. If you think that is not for you, I would recommend you to trade like majority of the pros do – By picking only the best trades with price action confirmation. This way, although we trade lesser but we have a higher winning probability. Forex is a psychology game, choose your path, demo it first and if it works for you. Stick to it whole heartedly. Do not jump ship when a new INTERESTING strategy comes along and you will be back to square 1. However if your strategy is not working for you, find out the problem, tweak it and keep practicing it til you got it perfected. If you still have not found success in forex, check out our AFM winning Forex Course. It compromises of the whole system which traders need in order to trade successfully.See you on the other side! Asia Forex Mentor Ezekiel Chew Asia #1 Forex Mentor www.asiaforexmentor.com

Online Forex Trading: Are You A Lion or a Cub? ONLINE FOREX TRADING This is something very crucial in real life and in forex trading. Before we start: Characteristics of a Lion (King of the Jungle) - Calm - Powerful - Confident - Killing Instinct Have you watch documentaries before on how do lions hunt? Although lions themselves are a powerful predator, they still do not go out right up front to the prey and start chasing them from afar. What they do is that they will fix their target on the weakest prey and move slowly and calmly towards the prey without gaining any attention. Only when they are close enough and confident of getting their prey, will they Strike. Online Forex Trading: Are You A Lion or a Cub? The nature of a lion and how he hunts his prey largely applies to forex trading. Are you the type of trader who calmly wait for a setup (prey) to occur. And if there is no setup (prey), they will retire back to rest and come back to hunt the next day. OR – are you the trader who strikes everytime you see food. But to get themselves a back lash most of the time? If you are the 2nd trader, you are like a baby cub. When the cubs are young, their parents will teach them how to hunt. And not to go out striking blindly. Online Forex Trading: Are You A Lion or a Cub? Being calm is the characteristic of a lion. But when he strikes, he is confident of a Kill. That’s what a trader should do as well. We will lie in wait for a setup occurance, and when it occurs. We will strike it without hesitation. But if there is no setup, we will retire to rest and do our things. I hope you find the above analogy interesting, and it’s time to ask yourself. Are you a Lion or a Cub in forex trading? Check out our online forex trading AFM winning Price ActionForex Course where i teach you the exact FULL Forex Trading System & Strategies that i personally use to be consistently profitable. See you on the other side my friend, Asia Forex Mentor Ezekiel Chew Asia #1 Forex Mentor www.asiaforexmentor.com

Forex Risk Management – Whats your Risk % per trade? Forex Risk Management FOREX RISK MANAGEMENT Whats your risk % per trade? Or should i say, what’s your risk appetite? To be a successful forex trader. You will need to have a proper money management system. It starts with identifying what level of risk % per trade will you risk. As a guide, a safe and good risk percentage will be from 1% – 3%. Anything higher than 3% will be relatively risky. Why is this so. If you understand, the forex market can do anything. Even if you are sure this is the MOST perfect setup. It MAY NOT end up the way you expected it to be. Why? Forex Risk Management – Whats your Risk % per trade? Forex Risk Management First, you must understand that anything can happen in the forex market. Just for example, even if it is the most perfect setup. If a major institution pumps in a large sum of money at that period oftime. It can change the direction of the market for a short time frame. And when the retail investors see the market moving in the direction stipulated by the major institution, they will then follow suit and enter the same way. WHICH causes the movements in the market. But of course, this doesn’t happen always. What i’m saying is, anything can happen in the forex market. So even if you are the best forex trader in the world. You will not have a 100% winning rate as well. You will still lose as the market can do anything. Which is why, it is not wise to have a high risk per trade. Forex Risk Management – For example, if a trader risk 10% per trade. And a series of unfortunate events happen to him, (maybe it’s a distraction, maybe there’s an earthquake etc) As a result, he made a series of 5 losing trades. He would have wipe of 50% +- of his trading capital because he risked 10% per trade. And with just 50% left, it will be hard for him to make back his loss. So if you see what i meant. Forex Risk Management – For example, if you risk 2% per trade. With a series of 5 losing trades. You would only lose 10%+- of your capital. Which is not to bad. With a good trading system, we can easily make back the money loss. Forex Risk Management – Whats your Risk % per trade? Forex Risk Management But here comes the big question. What is your risk appetite? You see, there is absolutely no point into asking you to risk 1% per trade. Forex Risk Management – Eg. Capital $5000 Risk of 1% = $50 per trade. If at the back of your mind, you do feel that $50 per trade is too little. Then you will most likely find and trade even more trades that you usually should – in order to make more money. Right? Therefore, the correct way to set your risk % per trade varies with different individuals. You must ask yourself. Forex Risk Management – Eg. Will you be satisfied with $50 per trade or $100 per trade or $150 per trade based on the capital of $5000 Once you got an answer, you got your risk percentage. Forex Risk Management – Whats your Risk % per trade? Forex Risk Management Remember, 1) Your risk percentage cannot be too high. As mention a good gauge is 1% – 3%. 2) Your risk percentage must meet your risk appetite. There is no point in risking 1% if you find the amount too little and does not satisfy your hunger. So there you go. Once you have set and decided on your risk % per trade. STICK FIRMLY TO IT! For example, in a series of trades. You cannot have eg. 1% on 5 trades, then 3% on 5 trades etc. Because if you play it this way, and what if you make money on the 5 trades with 1% risked, and lose money on the 5 trades with 3% risked. (which usually happens!) YOU WILL LOSE MONEY! Therefore, stick firmly to the risk percentage per trade which you have set. Eg. If you set 2% risk per trade. From now on, every trade you take – You will risk 2% per trade. NOTHING MORE, NOTHING LESS. This way, you will be consistent and you are on the right track to success. This is part 1 of the 2 series of Forex Risk Management. Stay tuned for the 2nd part. Check out our online forex trading AFM winning Forex Price Action Forex Course where i teach you the exact FULL Forex Trading Strategies | system that i personally use to be consistently profitable. See you on the other side my friend, Asia Forex Mentor Ezekiel Chew Asia #1 Forex Mentor www.asiaforexmentor.com

Forex Breakout: Why are they so profitable? FOREX BREAKOUT http://www.asiaforexmentor.com/webpages/breakouttrade.gif Most people know what is a forex breakout strategy| forex breakout system | forex breakout trading |breakout trading forex | forex breakouts What ever name they call it. It is the same. Forex breakout to name it simply is that – we are seeing that price| the forex market is consolidating for a long time . And we are capturing the big move once it eventually breakout from its consolidation. I know of alot of full time traders who only trade one pattern. It is the forex breakout strategy. Why? The reward is great and the risk is low. By taking just 5 forex breakout trades a month would equate to very good money. However, if traded wrongly or picked wrongly. They would only get a spike up/down and then to make a loss as the pair didn’t break out. Forex Breakout : Why are they so profitable? In the chart above : Forex pair Usd Chf We can see that the overall trend for the pair is a down trend. And in the past few days, weeks (from start june to mid july) – It has been consolidating in a box for a long time. When we see such setups, we know that price will eventually breakout from the consolidation into a big move up or down. And in the scenario, it will most likely be down as the overall trend for the pair is down. ( pretty simple right ) Forex Breakout : Why are they so profitable? How to play the the forex breakout trade: Its simple, we will play a pending sell order (yellow dotted line) right below the low of the previous low. And our stop loss ( pink dotted line ) will be placed above the entry, behind several bars so that we will have a good resistance if price heads back up. Since price is making a new low. There is no previous data on how low it will come to. Therefore, we will take our first profit off the table when the bar eventually breakout and closes. (marked by take profit 1) And we will be trailing it for our take profit 2. So you can see from this quick scenario of how easy it is to play a breakout trade and the risk reward is great. If you mastered this forex breakout strategy alone, you will be making good profits in forex trading already. But this is just one of our forex trading strategies we teach. Check out our online forex trading AFM winning Price Action Forex Course where i teach you the exact FULL Forex Trading System & Strategies that i personally use to be consistently profitable. See you on the other side my friend, Asia Forex Mentor Ezekiel Chew Asia #1 Forex Mentor www.asiaforexmentor.com

Forex Market Hours: How many times do you trade a week? FOREX MARKET HOURS Forex Market Hours: How many times do you trade a week? This is a question that is largely asked. Ezekiel. How many times do you trade a week? or How many times should i trade a week? Whats your answer? (Forex Market Hours) My answer to them is pretty much the same - 0 to 10 times a week. There is no definite figure and there never will be. As mentioned before, we enter trades when a setup occur with price action confirmation. Therefore, if there is NO setups = There is NO entry. It can absolutely happen when there is NO setup for the entire week. Which accounts for the 0 times a week. (But it rarely happens) And there may be weeks when there are alot of setups (may be even more than 10) But on average. Its between 0 to 10 times a week. Forex Market Hours: How many times do you trade a week? Forex Market Hours Some of you guys may think. That’s very little. Yes its very little. Would you rather have more trades with more losses OR Would you rather have less trades with more wins? Think about it. The reason why we take so little trades is because we filter away alot of the low probability winning trades. ‘Most traders find reasons to enter, professional traders find reasons NOT to enter’ – Ezekiel Chew Therefore, every trade we take. Must have a high probability of winning. Which will eventually lead to a good growth in your account. Forex Market Hours: How many times do you trade a week? Forex Market Hours Therefore, if you are trading way over than 10 trades a week. Look at the success rates you are getting. If you are getting a high success rate on all the trades. That’s good. But if you are not getting a high success rate. You need to think twice about your forex trading strategy. Are you trading the right way? Will your trading style lead you to a consistent growth at the end of the day? Remember – Forex trading is NOT all about taking trades. It requires you to think about and to have a proper forex trading system, a plan. This is a business. This is not gambling. If you are taking trades based on gut feel. – You are a gambler. I would recommend you to stop trading altogether. Either stop forex trading, or spend some time to learn how to trade forex the right way. Check out our online forex trading AFM winning Forex Price Action Forex Course where i teach you the exact FULL Forex Trading Strategies | system that i personally use to be consistently profitable. (Forex Market Hours) See you on the other side my friend, Asia Forex Mentor Ezekiel Chew Asia #1 Forex Mentor www.asiaforexmentor.com

Forex Trading Psychology – The Main reason Why Forex Traders Fail Forex Trading Psychology There are many answers in the market to this question: Why do most forex traders fail? - Some blame it on over trading - Some blame it on emotions - Some blame it on revenge mentality - Some blame it on impulse - Some blame it on the market - Some blame it on bad luck - Some blame it on poor entry - Some blame it on not taking profits - etc etc etc As you can see, there will be tons and tons of reasons that explains why forex traders fail. This is all that relates to forex trading psychology. But i strongly believe that it all leads to one answer. MONEY Forex Trading Psychology – The Main reason Why Forex Traders Fail Yes, the answer is MONEY. The main reason why most traders fail is because of money. No doubt that we all trade forex for the money. But it will be the money that kills us in forex. Forex trading psychology – Let me explain. To us our money that we put in our forex capital is our hard earn money. Who isn’t? when we have that mentality that we CANNOT lose the money in our capital. And as all man are greedy. We want to multiply our capital FAST. That’s when we lose it all. To succeed in forex trading, we have to FORGET that there’s money involved. You have to learn to trade not because of the money. But because you like forex trading and you are passionate about it. You have to learn to trade right and not trade for the money. When you trade right and forget about the money, the money will come naturally. But when you are too focused on the money, all your emotions will trigger. You will get into impulse trades, probably because you made a lost on the last trade and you want your money back. Or because you look at the trade and you are so confident about it, you GAMBLED your whole account size on that trade. and to lose it all. Or because you want to feel good and look good, and you think that you are able to double your account in a week. So you take trades that are way beyond your money management risk %. Or you made a series of losses, and you think that if you increase your risk percentage on this particular trade, you will make back your losses. And the list goes on… FOREX TRADING PSYCHOLOGY – The Main reason Why Forex Traders Fail All the above reasons leads to the main answer. MONEY. If we are not trading for the money, but if we just want to focus on mastering our trading and trading it right. There will no longer be any emotions in place. I highly recommend traders to forget about the money in forex. Trade with your forex trading system and stick to it with discipline. Focus on trading right. It is even better if you can cover up the money part on your forex broker screen. Ignore how much has your account size grown or how much have you lose. When you are able to do that, you will then see the big picture and you will be more analytical on your forex trades. So the next time someone ask you on – what is the main reason forex traders fail. You know your answer: MONEY This is Forex Trading Psychology at its fullest! This is the main reason why most traders fail, At Asia Forex Mentor, we teach not only about the entire system for traders to be consistently profitable, we also focus on forex trading psychology. Check out our AFM winning Price Action Forex Course where i teach you the exact FULL Forex Trading System that i personally use. See you on the other side my friend, Asia Forex Mentor Ezekiel Chew Asia #1 Forex Mentor

Forex Hours – What are the Best Forex Trading Hours? FOREX HOURS http://www.asiaforexmentor.com/webpages/clock.jpg This is one critical question that bugs most new traders. Forex Hours: What are the Best Forex Trading Hours? When you read several other sites, they speak of trading when the market is open etc. So when the new york market is open, the usd pairs are more volatile. This is not wrong. And it is indeed the fact that when a market is open, that certain pair will be more volatile. Forex Hours – What are the Best Forex Trading Hours? BUT! Here’s the thing. You do NOT need to wait for the market to open to trade that pair. If you ask me, i do not even care to know what time the market opens or closes. As mentioned, we as professional forex traders are like lions. Waiting patiently for a setup to occur before we pounce on it and kill it. So if you have a day job. You probably can’t be staring at the screen for long hours. WHICH IS GOOD! Staring at the screen for long forex hours, WILL NOT help you enhance your forex trading or grow your account. Instead, you will fall into the SEA OF EMOTION and find yourself struggling to stay alive. Forex Hours – What are the Best Forex Trading Hours? If you have a day job, just trade the daily time frame. So check your broker’s time that the daily time frame bar closes every day. And just spend that 10 mins of time analyzing the daily time frame. Forex hours: SO JUST 10 mins a day is good enough. If there is a price action trade setup, enter it. If there isn’t. Close the screen and go forth your daily job. Come back again the next day and repeat the steps. By just implementing this method, you will find yourself emotionally unattached and you have plenty of time to do your other stuffs. But that does not mean you are not making good money. There are FULL TIME PROFESSIONAL FOREX Traders who trade the daily time frame alone. (read this again) Yea. Forex Hours – What are the Best Forex Trading Hours? And if you are like me, who has a little more time to trade. You can look at the 1hr time frame and the 4hr time frame. Practically meaning, i only look at the charts every 1hr or 4hr, depending on my schedule. So if there is a setup on the 1hr time frame, i enter on it. But if there is no setup, i will go ahead with my other stuffs. And then repeat the steps again. So back to the question on Forex Hours: What are the Best Forex Trading Hours? I hope you got an answer. Check out our online forex trading AFM winning Forex Price Action Forex Course where i teach you the exact FULL Forex Day Trading Systems & Strategies that i personally use to be constantly profitable.

Forex Robot – Do they work? There are many questions about forex robot and whether do they work? What are FOREX ROBOT? Forex robot in fact is the automated way people choose to trade forex with. But the question is whether do they work? If you go research around for real forex robot reviews. You will find that most doesn’t work. Or at least over 90% of them do not work. WHY? Think about it, if forex robot do work. Why do banks and major institutions still need chief forex traders and forex traders? They have all the money to develop the best forex robot, why do they still need human to trade for them? Forex Robot – Do they work? Then the next question would be, But those forex robot have a perfect 10 year track record. So they should work right… Wrong. Here’s the fact – track records can be manipulated. And past performance are always not an indicator for future performance. Forex robot are develop by – DEVELOPERS. Usually NOT Real forex traders themselves. If the forex robot would make them so much money and have such a perfect track record. How much do you think it is worth? At least for Millions of dollars? But how much are those forex robot selling in the market. Less than a hundred bucks. Feasible? Forex Robot – Do they work? The hype in the forex market for automated forex trading WILL be always there. Because people are always looking for ways to earn money on autopilot with just a click of the button. Therefore there will always be new forex robot coming out every other day. If you want to make forex trading your career, take some time and diligence to learn to trade forex. Your future should not be relied on some automated forex robot, it will not work forever. But once you have mastered forex trading as a skill, it will be with you for life. And you can pass this skill on to your future generations. Disclaimer: I’m not saying that ALL forex robot does not work, the above is just my opinion and i will not be held liable or responsible for it. Check out our AFM winning Price ActionForex Course where i teach you the exact FULL Forex Trading System that i personally use to be consistently profitable. See you on the other side my friend, Asia Forex Mentor Ezekiel Chew Asia #1 Forex Mentor www.asiaforexmentor.com

Price Action Forex – Why Forex Trading is Easy with Price Action? There are many answers to why PRICE ACTION is king in forex trading. And why price action in fact is the easiest to trade with in forex trading. Let me give you an easy explanation with the chart above. In the pair above: Eur Gbp It shows the pair in an uptrend. And if we look into the pair, we can easily spot 5 price action entries for us to ride the trend and to profit on. Price Action Forex – Why Forex Trading is Easy with Price Action? Price action (blue box no. 1) It is a pin bar as well as an bullish outside bar (in combination with the bar on the left hand side) It is a good indicator for us to take it long with a buy order. Price action (blue box no. 2) It is another pin bar for us to enter a buy order had we missed the first pin bar. This is also a confirmation pin bar to tell us that the trend is indeed going up. So off it went… Price action (blue box no. 3) It forms a bullish outside bar. Look at the long green bullish bar wrapping the previous smaller bar. Another good price action bar to tell us to take it long. And so it went further… Price action (blue box no. 4) Price move sideways and to form another bullish outside bar. This bullish outside bar indicates that price is possibly going to breakup from it’s sideways trend. And so it did. Price action (blue box no. 5) Price went sideways again to form another price action pin bar. Another indicator to state that it is going to breakup from it’s sideways trend to move further up. Price Action Forex – Why Forex Trading is Easy with Price Action? So you see, in just a pair. We can spot so many price action bars for us to take an entry long. The trick towards trading price action is simple. We usually take price action bars that is together with the trend. So in this scenario, the pair is in an uptrend. Therefore we only take price action bars that is going up. If you look into the chart, you will see price action bars that points down. Those are reversal bars. And we usually skip them. (unless you have enough experience, stay away from reversal price action bars) And you will be glad you stayed away from them as you see, most of the reversal bars did not work out. Price Action Forex – Why Forex Trading is Easy with Price Action? So you see, forex trading is not difficult with price action. The power of price action, in combination with a proper forex trading system, trading psychology & money management = Consistent Profits Check out our AFM winning Price ActionForex Course where i teach you the exact FULL Forex Trading System that i personally use to be consistently profitable. See you on the other side my friend, Asia Forex Mentor Ezekiel Chew Asia #1 Forex Mentor www.asiaforexmentor.com

Trading Psychology – Conquering Your Emotions A lot of traders can actually feel their emotions in place when they place their trades. And seeing their trades taking place. Emotions include: - Heart Thumping (Beating faster) - Sense of Anxiety - Nervousness - Excitement - Irrational Behavior - Frustration - Desperation - Hatred & Revenge mindset - Devastated - Always feel that the market is going against you - Etc, If you feel any of the above in trading, it is normal. The market is set for you to feel this way. Which is why to be a successful trader, 80% is about conquering and mastering trading psychology. And some of the reasons that you could be feeling any of the emotions above include: - You are trading way beyond your risk level (Trading too high an amount of your capital) - You have not calculated your proper risk size before entering - You entered based on Gut feel - You fully expect and anticipate that the market will go your way according to your previous experience or something which you had learnt – but it Didn’t.. - You are trading on a money that you desperately need. (Eg. borrowed money, food money, life saving money etc..) - Etc. If you have experienced the above, stop trading for the moment. Remedy: - Go get a shower and analyze what had gone wrong - Go for a stroll in the park, beach etc.. - Self Reflection - Meditation, calming exercise Ask yourself, are you trading the right way? Are you actually trading or gambling? Do you have a proper trading system? Did you entered on proper setups (eg. price action) or you entered based on your gut feel? Trading is about self analyzing, discipline, self control, and sticking to your trading system. It may sound tough at first, but once you start practicing the stuffs here for 20 days. It will then become part of you and you are no longer putting any conscious effort in applying the above. Start with learning and trading with a proper system today. Learn the full system at Asia Forex Mentor Price Action Forex Trading System To an awesome trading as always, Ezekiel Chew www.asiaforexmentor.com