Our Blog

In time, the four hour work week can be a reality for professional Forex currency traders, especially Forex365 Institute graduates.

Yes, the Forex365 Institute’s Market Maker Course supports a PIP business owner’s goal of capturing 50+ PIPs a week—a number that will allow strong and steady trading account growth and the rise of your PIP value to $100 and beyond.

Imagine, whether you’re an employee or a business owner, reducing your weekly work hours from forty  to sixty or more, down to fifteen (as a Forex365 Institute student), and then down to four (as a seasoned, veteran professional Forex currency trading Forex365 Institute graduate).

The four hour work week concept is simple—exclusively trade high news where we normally expect the most price action volatility and movement.  With smart (emotionally intelligent),  high probability trades using the full complement of Smart Money Profile tools (the Market Maker Course software package), capturing 50+ PIPs a week is exceedingly doable for all disciplined, responsible and determined (never day die—failure is not an option) students.

In the image above, my five-minute chart shows an example of high news trading.  In this case, it was on Wednesday, August 19, 2015 at 11:00 am PST—Federal Reserve FOMC meeting/minutes release.

I did five trades over the course of about two and a half hours.  The first three trades were shorts and the last two trades were long.  A quick summary of the five trades follows:

  1. This trade came before the news when the fifteen-minute chart printed a manipulation wick long and a turn short avoiding taking out a blue liquidity line.
  2. This trade came after a breath on the five-minute chart, also short and before the news hit.
  3. This trade came after the news hit and the momentum was still short—I exited as the price action approached a set of net lines.
  4. Now, the aftermath of the news shows the price action settling down and I took a quick long as the price action continued to move away from the same set of net lines mentioned in trade 3.
  5. This last trade (long) came after the price action moved away from a grid line and back through a five-minute chart dot.

The trading consisted of five trades for a total of 113 PIPs in a two and a half hour time frame.  To me, this is the ultimate in PIP business ownership as a professional Forex currency trader.  I still have a ways to go to do this consistently, but I’m on my way.  The good news is that this is available to all my fellow instructors and students at the Forex365 Institute.

 

-Ira Barnes

Fx365i Instructor