(Editor’s Note: For those who may not be familiar, WealthSmart was Fx365i’s original Forex training platform for the first few years of its existence. In October, 2014, following two years of development, the institute released a beta version of a new platform called Smart Money Profile (SMP). Due to the unprecedented levels of success that the majority of SMP students experienced, Fx365i began exclusively teaching with SMP in July, 2015.)
WealthSmart asks traders to wait for direction and momentum and then trade. Wait for a bus to come flying through the intersection at 90 miles an hour and jump on and get your PIPs. Who cares about the intersection street names; and, who cares about where the bus came from and where it’s going. Just as long as it can’t easily make a U-turn or a sharp right turn, climb on board that bus and capture your PIPs and get off. Where you get off, what street you’re on, who cares … you’ve got your PIPs, done, end of subject. The trouble is that you don’t always know what kind of neighborhood you’re in. There might have been a roadblock barrier just beyond the intersection that the bus blew through. There might have been a big old sinkhole there.
Smart Money Profile—now the Market Maker course—asks traders to know not only what direction the market’s moving, but also, WHY is it moving in that direction? THEN, AND ONLY THEN, should you trade!
Why is ‘why’ so important? Because it tells you where the Market Makers are going and the destination. You choose whether or not to go along for the ride and pick up your PIPs. So, pull out your Market Maker content map and survey the landscape. Generally, to protect yourself and your PIPs, decline rides in accumulation areas; always be ready to jump on board a profit release journey; and, selectively pick manipulation rides.
The long and the short of it is that by using your Market Maker map, you’ll more self assuredly and confidently capture more PIPs and higher probability PIPs because you’ll know what neighborhood you’re in.
In real estate and in Forex trading, using the Market Maker course, it’s ‘location, location, location.’ So, get your map out and learn how to use it; that is, REALLY learn how to use it. After all, it’s the map to the gold.
Finally, be sure to wave to the vast majority of mapless Forex traders who are struggling and bumbling as you pass them by.