Are you just finding that you're frustrated, you're wasting money, wasting time? It's just not working. Everybody thinks you're gambling, and you just think it's a complete farce.

It's not for you. If that is you, this video is exactly what you need to hear. So before you quit, make sure you listen to this. Hey there traders, it's Andrew Mitchem here, at the Forex Trading Coach with video and podcast number Frustrated and ready to quit trading? Now, this video is especially for you if you've been trading for a little while and it's just not working. You feel like you're wasting your money, wasting your time. You've done courses, you've been through forums, and it's just nothing's happening.

You're constantly going backwards, you're losing money. I feel the frustration. I've been there myself. It took me four years before I finally became profitable with my own trading. One of our traders when from quitting to profitable in 4 months But I want to talk about a client who I was talking to just yesterday.

They first contacted me back in May, just over four months ago. And at that stage, they were ready to quit. They were ready to give up. It was just a waste of their time, really.

It was all these things, these promises they'd seen online. They'd been on various forums, bought expert advisors, done various courses, indicators. You name it, they'd been there and done it. Like I had, and probably if this is for you, this video, you'd know exactly how they were feeling. They gave it one last go And so, they decided to give it one last shot.

And after talking to a client of mine who'd been with me for about a year and a half, they decided to give it a go and they came on board at the Forex Trading Coach. And we had a catch up yesterday, and it was very pleasing to have the catch-up and just see their complete change in attitude, their change in fortunes of how things are now working out for them.

Because they've now got a clear strategy, they belong to a group, a community. They know what to trade, they know when to trade. They have information given to them on a daily basis to actually aid them with their learning process, with specific trades that are profitable. And the change is just incredible in four months.

Profitable on a live account and soon to join a Prop firm And with this person, the last two months, they've been profitable on a live account and then they're looking at going on to a prop firm at the end of September. So probably into the first week of October, looking at going on to a prop firm challenge.

And now that they've proven to themselves, after a month or so of demo and then a couple of months of live personal account, live trading and results, that they're ready to go to that next level. And the webinar was just a fantastic, just a really good catch-up,. Sep 04 9 mins. What Makes a Good Reversal Trade?

In this video: — What do we look for when looking for a reversal trade? What do we look for when looking for a reversal trade? Want to talk about reversals today and what constitutes a good reversal, what do we look for to suggest that a reversal is about to take place.

You can use this in many different ways. You could use this, let's say, you were in a buy trade and the market's moving up beautifully. It hasn't quite got to your profit target, let's say, and you might see some form of indication that the market is about to reverse against your long or your buy position. That's something that could help you to suggest to either get out of the trade altogether early, or maybe partially close from trade, or maybe move to stop loss.

But there's clues there that I'm going to talk about that can help protect that trade if you are already in a trade. Getting ready for a new trade If you're not already in a trade and you've seen the market moving up and you've missed that trend, but all of a sudden, you now see a few clues that I'm going to mention that will help you to take a short position against that uptrend, then that is also a very good trading opportunity. What exactly are we looking for? What is it that we're looking for?

To start with, to make things easy, I'm going to be talking about a current uptrend and then a bearish reversal. If we're looking for a bearish reversal for me, I look at candle patterns and I'm looking for outside or engulfing candles.

But I don't just look at every single engulfing or outside candle go there as a sell trade. Absolutely not. There's other things that we want to see. If we're looking for a bearish reversal, first of all, we need to see there's been a good, strong prior uptrend first. The reason for that is not every uptrend can keep going obviously. Everything will stall and exhaust and then turn around.

We're looking for that turnaround because this is talking about reversal trades. First of all, we need that good, strong prior uptrend. If we have a reason for that to look like it's stalling, it could be an indecision candle such as a pin bar, hanging man, doji candle, where basically the price has gone up, formed a new high, and it's come back and it's closed near the low of the candle, or it's an indecision candle it's gone up, it's gone down and it's closed near it's open, something like that is giving us an early warning system, basically.

It's saying after this big, strong bullish trend, all of a sudden, the next candle has given a clue that the market's gone up, reached a point and it's coming back, or it can't decide whether it wants to go up or down any further.

That's our first indication. Aug 28 7 mins. Let me explain why right now. Hey, there, traders. This is Andrew Mitchem here, the owner of the Forex Trading Coach with the video and podcast number The best time to be trading the Forex market in 18 years And I want to explain to you why I think after 18 years of trading the Forex market, right now is possibly the best and the most important time of why you should really strongly consider trading.

If you've not traded yet, think about it seriously, getting into it now. If you have started to trade and it's just not working, this is also for you because right now is the most important time. Let me explain why. All that has happened, presidents, different things have come and gone, troubles around the world, whatever it might be.

COVID, all these things have happened. But right now, going forward, there looks to be, doesn't matter where you live in the world, so much uncertainty. What are your trading options right now? Now, what options do you have right now if you're looking for investing or just surviving? And I mean that quite seriously, because give you an example. This morning, I was listening to the radio station. And on there, there were two articles back to back which really made me wake up and open my eyes about what's happening.

And one of them was a local council guy talking about how they had invested their money. One of the local councillors here in New Zealand had invested quite a substantial amount of their cash and surplus funds into an investment firm.

JBWere was the one, they mentioned it so I'm going to mention it. An investment firm where they're talking to them, explaining why that their portfolio gone backwards and all the different things happening in the world. Basically, giving all their excuses.

But ultimately, the result is everybody who is a great payer of this particular local council, their funds have gone backwards. You take that and think about you doing the similar thing. You go and put your funds with these experts. And I'm not saying all of them, and I'm not even saying that the one I've just mentioned is particularly bad or good. I'm just saying they were the ones mentioned on this particular radio station this morning that I heard. And when you think about that, you have so little control yourself.

You're not really knowing what's going on. That was the first news story. Inflation and interest rates.

Aug 21 4 mins. Come and Join our Facebook Group  Podcast: Find out more about Blueberry Markets — Click Here Find out more about my Online Video Forex Course Click here to join my Facebook Group: Forex Insiders Come and Join our Facebook Group In this video: — Join my Facebook Group for a small monthly fee — Content on the Facebook Group — For less than a cup of coffee each day — Take a look at Blueberry Markets — Try us out on the Facebook Forex Insiders group Would you, for a small fee of less than a cup of coffee per day, like to join my Forex Insiders Facebook group?

If it sounds like something you're interested in, listen up, I've got some great news to share with you. Join my Facebook Group for a small monthly fee Hey traders, it's Andrew Mitchem here at The Forex Trading Coach with video and podcast number And you've heard it right, a lot of people come to me and say, "Andrew, look, I'd love to join your full coaching programme, but right now I cannot afford it. And I'd like to see if there's some way I can learn from you, but from a monthly fee instead.

It is not the full coaching course. I just want to be up front and let you know, it's nowhere near the level of the full coaching course, but for less than a cup of coffee price per day, it gives you an incredibly good course with a lot of valuable information. Content on the Facebook Group You see, there are around 30 videos on that Facebook group and they give you the breakdown of my strategy.

Small videos, easy to follow, easy-to-learn videos. There are about 42 weekly video recordings right now, and each week going forward, I hold a live minute webinar for the Facebook group.

And on that session, we talk about trades that we've taken over the last week. We talk about different topics that people need help with.

And we look at upcoming trades live in front of you. And as mentioned, all the recordings get available or are available there for you to watch as well, plus every week going forward. On top of that, I also give you access to my daily chart trade suggestions and the strength and weakness analysis that I post each day on certain currencies, where I see as likely they're moving up or likely they're moving down, plus specific chart trades based off the daily charts for the reasons I'm taking the trade, plus the exact entry and exit levels.

Look, it's really a great option for you if you'd like to maybe just check us out, see what we're all about. You might have heard some fantastic things for us and you're not ready to jump onto the full course, but this gives you that stepping stone for a small fee.

When you think about that, it gives you everyday daily trading suggestions. It gives you the strength and weakness analysis. It gives you a live webinar each week, all the previous webinars and lots of videos on the now and going forward. So tonnes and tonnes of really valuable information, plus you can ask questions via the Facebook side as well.

Aug 14 7 mins. The 5 Biggest Mistakes Most Traders Make  Podcast: Find out more about Blueberry Markets — Click Here Find out more about my Online Video Forex Course Click here to watch more of my Weekly Video and Podcast. Stop making these mistakes Hey traders, it's Andrew Mitchem here at The Forex Trading Coach with video and podcast number I want to give you five really important points today and they are the five points that I see that most traders out there are making with the aim to help you not make those mistakes and therefore to improve your trading.

They don't know what it is that they're looking for and therefore they're just kind of trading on a bit of a hunch. They have heard something on the news, or they're just randomly taking buys here and sells there or this indicator might cross over that one, but they don't really know what they're doing. So I think a lack of a clear strategy is one of the biggest failings of most people out there.

And to me, a good strategy means that you have full confidence in it. You know exactly what you're doing when you're doing it. And it will work equally as well across all different timeframe charts, all different markets, all different times of years, et cetera.

So you need a good solid trading strategy. That's the first thing that most people are failing on. I think MT4 or MT5 is defaulted to one standard lot. So they just press buy or sell one lot or 0. They don't really know about money management and how to correctly position your trade size. And the reason that people don't know that is they don't know where they're putting their stop loss or anything like that in order to calculate that people don't know that different currency pairs make or pay different amounts per pip, depending on what your account denomination is so whether it's in US dollars or euros or New Zealand dollars or Canadian dollars, things like that.

And if you're trading the Euro-US with a US bank account, as opposed to the Euro-US with a New Zealand bank account, you'll get paid different amounts per pip. So people don't understand that and they just put random lot sizes on and not calculate that properly. The issue therefore is they don't have controlled risk on their trades. Aug 07 5 mins. This is Andrew Mitchem here at The Forex Trading Coach with weekly video and podcast number Trading the trend You've all heard the phrase, "the trend is your friend.

But how do you trade the trend? How do you make it your friend? How do you profit from it? That's the most important thing, isn't it? So I want to give you some actual live examples. I was just putting everything together to make this video for this week, and right behind me on our forum site someone about 10 minutes ago at the top of the hour wrote and said, "There's a great looking sell trade on silver on the one hour chart. XAGUSD on the one hour chart. It's over my shoulder here, it's dropping right now and it's in profit already and I only put the trade on a few minutes ago.

Why did I take this trade on Silver? Why did I take the trade? Well, as I mentioned the trend is your friend and it really is.

So for this week I'm looking at shorts on silver against the US dollar. For today, I actually wrote a specific trade on the daily chart selling silver. When we also looked at the 12 hour charts, we had a fantastic setup. Guess what? Selling silver. Now, right now just a few minutes ago, there is a sell trade on the one hour chart on, you guessed it, on silver.

So I'm trading with the trend. Now if you look at the one hour chart for the last number of hours, it's actually pulled back upwards. So there's been quite a little bit of bullish momentum. But where did it stall? It stalled there, right on It's had indecision on the previous one hour candle, and the one hour candle that's just closed just a few minutes ago, right behind me right now live, it has formed a strong bearish candle. We've had hidden negative divergence from off the middle Bollinger band below the pivot point, all things that we look for as well.

Trend line breaks. Everything is on that trade right now. But more importantly I suppose, just as importantly, we have the setup on the one hour candle, but we have the short position there. We already have a short on the 12 hour and the daily. So in other words, we are trading with the trend. Can you trade reversals? Yes, you can take reversal trades and yes they look really quite cool and really quite dramatic on your charts. Yes, you can show a massive, massive down trend and you're taking a buy trade against it, and yes they can work.

But would you much rather take a continuation trade when you have ev Jul 31 9 mins. Is the TFTC Program suitable for New Traders?

In this video: — Is the TFTC Course suitable for new traders? Hey traders. It is Andrew Mitchem here, the owner of the Forex Trading Coach with the video and podcast number Is the TFTC Course suitable for new traders? Now I've been asked recently by quite a number of people by email and in person here in Nelson about learning how to trade, and a concern that so many people have is that they're brand new to trading.

They know nothing about it, and they want to know how to take the next step. But there's so much going on in their mind, like where do you trade through?

Who do you put your money with? Is it us? Is it with someone else? How safe are those funds? How do you play to trade?

What is it that you're actually doing? Is it like stocks and shares? Am I buying crypto? All these different things that people have going on in their mind, and it becomes like information overload. And it's like anything new, you need to find a source where someone can hand hold you and take you through the suggested steps to make that process easier for you. And it is quite a straightforward, easy process. It's just that if you don't know where to start, it all becomes a little bit too much and you have too many questions.

So therefore, it becomes too hard, so you don't do it. Being new is a good thing Now, absolutely if you are brand new, you've never traded, but you've heard about trading.

We are the right place for you to come to, because we can take you through that step-by-step process. We can suggest some brokers to you, show you how to start on a demo account. What type of platform to look for, how to place your trades, let you know about what it is you're actually doing. What markets are you trading, what's the actual process, why are you buying or selling currency pairs together?

You know, what is it that you're doing. And all that is before you actually start the strategy and the understanding, which is the main part of what we teach. But in my opinion, I think that if you are brand new to trading, you've never really traded before. You might have had a bit of a play on a demo possibly, I think you're actually in the best position to make this work for you. More experienced traders are harder to un-teach Now, sure, it may take a little bit longer, like anything new but if you come to us and you've been trading for quite a while and you keep jumping system to system and you're on this forum and that forum, and then this EA and then this indicator, those type of people become harder to teach because they've got so many bad preconceived ideas from other strategies and other systems.

Whereas if you are new, you don't really know anything. Jul 24 6 mins. Can You Travel and Trade? If you can, if your system allows you to do that, then you have yourself a fantastic strategy. Hey traders, it's Andrew Mitchem here, the Owner of the Forex Trading Coach with the video and podcast number Trading and travelling Now trading and travelling is something that if you look online, you see these images or these red flashy sports cars, and people sitting there with a laptop.

And you see images of this lovely lady sitting on the beach with her charts open on her laptop. Can it be done? Well yes, but I mean you're going to get sand in your laptop if nothing else. So, the image that people portray of the flashy lifestyle, I would prefer to be more realistic about things.

And the point of this video and podcast is to let you know that if you have a strategy that does not take too much time up of your day, out of your day, you can trade and travel.

And look, there's nothing better than being able to be travelling and doing things that you want to do and enjoy travelling. And at the same time, making money through your trading. The World is slowly opening up again Now, as the world's slowly starting to open up, well it's slowly over here in New Zealand. Sounds like the rest of you and the rest of the world are carrying on with things pretty much as per normal.

So, well done you. But as things are starting to get back to some form of normality in terms of travelling and people going on holiday and vacation, the ability to do that, take your laptop with you, and to look at your charts once, twice a day, and to make money trading whilst travelling is such an appealing part of being a Forex Trader. html Now back in , if you're following me back then you would've seen the videos. If you're not, I actually still have the link on the homepage of my website and I'll put a link under this video and podcast, so you can go and watch it again.

But back then in , I went over to France and to England with my family. And in the four weeks from leaving New Zealand to coming back, I recorded a series of videos of the trades that we took on just the daily and the weekly charts. All of the trades were posted from our website. So, you can go back and watch the videos of me with the trades in real time, taking them, seeing them on the membership side, et cetera.

And as a result of being away and trading between 10 and maximum 30 minutes each day and of course, that's travelling to New Zealand on a 26 hour flight each way as well.

But as a result of that four weeks of trading and travelling, we made a Jul 17 6 mins. How Much Time Do You Spend Trading Each Day? In this video: — Results from my survey — 2 easy fixes — My first client trades MN1 and W1 charts — I publish D1 chart trades every day — Take a look at Blueberry Markets How much time do you spend each day looking at your charts? I bet it's too much. Let's see how we can help you reduce that right now. Hi, traders. Results from my survey Now, earlier this week, I sent out a survey to people on my list and I asked them what their biggest issue is in trading right now.

And a lot of people came back with the answers that you would expect, with lack of strategy, not understanding money management, too many indicators, not knowing which way to trade, stop losses, all those type of things, but a point that came out, which was really, really quite common and quite scary in some ways, is that so many of you are spending so much time looking at your charts, glued to your computer screen, thinking that that's the right way to trade.

And pretty much everybody who wrote back who is, they're not clients, by the way, these are just non-clients, but pretty much everybody that wrote back is either making a little bit, breaking even, and the vast majority losing.

And there was quite a common theme between people just not making money, but spending way too much time trying to lose money.

Not a good combination. Number one, look at the longer timeframe charts, without a doubt. Most people were saying, "Look, I'm scalping, and I want to scalp, and I want to take lots of trades, and take five-minute and minute chart trades. Start on the longer timeframe charts.

If you are struggling to trade, I'd suggest you wouldn't do anything shorter than a four-hour chart. But look at the longer timeframe charts, at least look at the dailies once a day. That would be my first pick. Get longer timeframe charts, less chart time, more quality, less trades. And the second thing is only look at your charts at the close of a candle.

So you don't need to be sitting there, watching every pip move up and down, worrying about a five-minute candle or a one-minute candle, stressing that it's now green, now it's red, and, "Oh my goodness, what am I going to do?

Get on the longer timeframe charts, look at the close of a candle. If you are trading four-hour charts, you know when to look at your charts, you know when the market opens, you know when the four-hour chart closes because it's four hours after it opens.

It's not difficult. And that blows me away, when people go, "Well, when do the four-hour charts change? Again, it's not difficult. People here who want to be currency traders in a professional business, but cannot work out a simple thing like when a candle opens and closes, you got to do your research, guys. And you've got to understand these simple, simple, basic things to get somewhere in your trading. So longer timeframe charts, look at the close of a candle.

That will fix a lot of your issues. Jul 10 6 mins. The Advantage of Trading with Limit Orders  Podcast: Find out more about Blueberry Markets — Click Here Find out more about my Online Video Forex Course The Advantage of Trading with Limit Orders In this video: — I love trading with Limit Orders — They help to remove the emotion from my trading — Examples of why I use Limit Orders — Have a look at Blueberry Markets — Start using Limit Orders for high Reward:Risk trades As a trader, what are the advantages of using limit orders, and why do I use them so much in my trading?

Hey traders, it's Andrew Mitchem here at the First Trading Coach with video and podcast number I love trading with Limit Orders Now I make no secret about it. I love using limit orders. I've used them for years and years. Been trading for 18 years, and probably around the last 15 years, ever since I discovered the power of using limit orders and how to use them properly within our strategy, they have made a massive, massive difference to my trading results.

One of the reasons why I like using them is because you will pretty much always get a higher reward to risk than you would by entering, let's say, at the market or a stop order. And I'll explain with some examples shortly. They help to remove the emotion from my trading But I also like them because it helps take the emotion out of my trading, because I trade on the close of a candle. If I'm not there at exactly the close, it doesn't matter, because on my trades, I'm looking for, let's say, on a buy trade, I'm using a buy limit.

So that means I'm buying when the price first drops. So if I'm not there, panicking and stressing about taking a market order and working out my correct position size and where my stop loss needs to be, and oh no, the market's moved up, and I've missed out. I don't do any of that because I see the setup, and then I can quite easily analyse where my entry using my buy limit needs to be, and my stop, my profit, work out the stop loss size, work out my position size, and it all takes literally I use a script that does it all for me.

But you can even manually do that in about 30 seconds. And then you're taking the trade based on a sound decision rather than an emotional reaction.

I've got to get in. So a lot of advantages there in terms of the actual practicality of your trading, but also the results, because your reward to risk will be so much better.

Now, if you're taking a buy limit and the price does not fill that limit and it just takes off in your anticipated direction, but without first filling the trade, that's fine. You just miss the trade. You don't gain anything, but you also don't lose anything out of the trade. And of course you can split your position like I do on my daily charts and my weekly monthly charts by taking part of my order at the market and part of it retracement.

If I'm trading shorter timeframe charts, like 12 hours down to two hours, I take only limit orders because the amount that the price needs to move to get back to a limit order and fill it is less. So I love limit orders. Examples of why I use Limit Orders Now, as an example, if you took a market order trade with a pip profit target and a 60 pip stop loss, that gives you a 1. It's an okay trade, and it's going to give you a pretty good, reasonable reward to risk. Not massive, but okay.

Jul 03 7 mins. Can You Make Automated Forex Trading Really Work? It's something that people have struggled with for years. The advantages of automated trading Automated trading. It's something that people have been looking to do properly for years and years. It's something that has so much appeal because you can basically set it up, leave it, set and forget. It trades for you, five days a week, 24 hours a day. Just does everything. It sticks to the rules. It's perfect. But as you probably know, if you've been trading for any length of time, and if you've tried automated trading, or if you purchased EAs or expert advisors, any type of robot system, you'll probably know that it doesn't work and that it has failed.

And I've personally had so many attempts and trials and goes at making automated trading work over the years, and right through from TradeStation, probably about 15 years ago, through to getting people to write code for me, through to buying those bits of software that you can create your own expert advisors, and it spits out the code for you.

Tried everything and none of it works. We created and launched TFTC Pattern Trader in And so that's why, about two years ago, we launched our own automated trading software, which does work. And we have overcome all of those issues that people have traditionally had issues with and problems with.

And we are very conscious of the fact that the people have so many indicators and they over-optimise things and they make it look absolutely awesome in hindsight. And as soon as the day you put it live, it just fails.

It goes downhill like a lead balloon. It takes your account out and it's just a waste of money and time. So we're very conscious of that when we started developing our software. It's called TFTC Pattern Trader the TFTC, of course, for The Forex Trading Coach Pattern Trader. So have a look online, tftcpatterntrader. I'll put a link to it below on this post, so you can go and find it and have a look. By the way, there's a free 10 day trial to the most basic version.

You don't get to trial the full thing, but there's videos showing you what that does include. And you're never going to have everything exactly perfect because the human eye and the brain can figure out a lot of things that you cannot programme.

But likewise, there are so many advantages of it, such as,. Jun 26 6 mins. Hey, traders. It's Andrew Mitchem, here at the Forex Trading Coach with video and podcast number You and your future I want to talk about you, your future, what you're going to do about it to protect yourself and your family.

You see, there's a lot of scary things happening in the world right now. Depends what you believe. It depends if you believe that all these long-term agendas are real or not, and how it may or may not affect you. I'm going to leave that up to you to decide. I've got my personal opinions on that.

And I think that's quite a fair statement. The last two years around the world have shown that with enforcements, with mandates huge record expenditure, and that's coming through now, that will affect everybody regardless if your beliefs, politically, or medically, or what you think agendas are coming.

Without any question, what's happening right now and going forward will affect everybody. Record inflation globally You see, we're getting record inflation around the world. Prices going up. Food prices going up.

If you've got a better land, start planting, start looking after yourself. Record fuel prices, shortages of those, shipping costs, electricity shortages, and costs, being forced to go certain ways if you drive vehicles. All these type of things are quite scary for the way that everyday life has been affected. You add onto that high interest rates and lightly only to get higher. So your costs are going up, your mortgages are going up.

Any loans, debt that you have is getting more and more expensive. So you put all that together and you probably treading water all going backwards, and again, lightly to get worse. Tough for small businesses Small businesses, it's harder and harder for people to employ people with rules, regulations, increase, labour charges. Today in New Zealand, we have a public holiday today that's never been had today.

It's the first time of this public holiday. Our government created it a couple years ago, and today it's a public holiday. Well, if you are a worker, fantastic, you get yet another day off. But probably most people, through various things that have happened in the last year, have had so many days off anyway with coughs and sneezes and public holidays.

But think of it from the business owner's point of view and the economy's point of view. Yet more costs, yet less production, yet more stress on the owner. And all of these things are accumulating. Like I said, if you are the worker,. Jun 19 5 mins. Great opportunities for us in the Forex market and in the crypto market. Outside in the middle of winter Wanted to get outside. Beautiful, crisp winter morning here. Not sure if you can see the snow behind me, but we've got a good dusting of snow on the mountains behind.

And it's just a beautiful time to be outside. I'm hoping to go for a flight at the weekend and go and check out that new snow. Massive moves in the markets this week But back to the charts. Well, what a week it's been. Just massive rises, massive crashes, depending on what markets you're looking at. With the interest rates around the world, last week, the Australians put theirs up by 0.

This week we've had the US, expected to go up by 0. The frank, when we were holding our live webinar last night, they put theirs up, expected zero change. It went up 50 basis points and the frank went massive, went through the roof. And then the British put theirs up by 0. Today it's approaching 20, It's almost down to 20, as I'm recording this. Ethereum, a month ago, 2,, today, 1, It's halved. It's crashed. Just unbelievable. What does this mean for us?

What does it mean for us though? As traders, it means opportunity. There are opportunities everywhere with movements in the markets. And the thing is, it doesn't matter whether I'm expecting the US to go up because they put their interest rates up and it went down, because on the charts, we were looking to sell the US anyway. And that's exactly what happened. It doesn't matter that Bitcoin and Ethereum are crashing, because we can sell them.

When we see opportunities to sell, we can do that. In fact, about half an hour before I've started recording this, we've just taken a 12 hour sell on Ethereum because it's pulled back a little bit yesterday and now it looks like it's dropping again. Great opportunity to drive it down again and get out before the last swing low. So opportunities everywhere. Forget the news. Just trade what the charts are showing you. And there are so many great opportunities because of course, we can go long and short.

We can buy and sell. Not like that at all. It's complete opposite. Jun 12 5 mins. This is Andrew Mitchem here at the Forex Trading Coach with the video and podcast number Why I use candle patterns This video is really important because it explains why I use candle patterns and why I believe you probably should do too, and how it will massively help you with your trading. You see, there are different ways of trading. You can be a fundamental trader, where you're predominantly looking at news events, political events, those type of things, or a technical trader.

I'm a technical trader. But even when you become a technical trader, there are still so many different ways of trading. And most people unfortunately get caught up in the hype and the glitz and the glamour of too many indicators. Why I use candle patterns You see, the Forex brokers are very, very good at offering you just an enormous basket of indicators. And everybody makes the same mistake when they start trading, as they think they are going to find this magical formulation of indicators that no one else has found.

There's a magical combination, the right settings, that just no one else in the history of trading's ever discovered before. And this is what's going to make it work for you and why you should have lines all over your charts. Look, I fell for it years and years ago as well. And it's something that pretty much everybody who decides to be a technical trader will do so at some stage in their trading journey.

So it brings me back to candles. I deleted everything and started again The reason that I became profitable is I got rid of all that mess on my charts, all those lines and arrows and stars and all those different things. You know what I mean if you've been trading with any form of indicators in the past. And I got back to candles.

Well candles tell me what's happening in the market. They tell me where the price has reached to as a high, where it's been as a low. So therefore natural support and resistance levels. It tells me there's momentum. Is it moving upwards? Is it moving down? Is it indecisive?

It tells me, when I look at what part of the chart the candle is in, whether there's room to move. Do I have the ability to get to my profit target before hitting resistance levels as buy trades? And also the thing that so many people fail to do is they fail to look at the actual price. Now we're trading Forex pairs, or you might be trading commodities or cryptos, whatever it might be. If you don't look at the price on the right hand side of the chart, then all you're doing is basically following lots of squiggly lines on your charts if you're a technical trader, with too many indicators.

You have to look at the right hand axis of your chart and look at the price. Why did that candle get up to that level? Oh, it's because it was a round number. Oh, look, it happened several candles ago, or several days ago,. Jun 05 6 mins. How Much Can I Make from Trading?

It's a question that people ask me all the time. Hey traders, it's Andrew Mitch here at the Forex trading coach with video and podcast number How much can you make from your trading Question I get asked all the time is, Hey Andrew, how much can I make?

And when you think about it's such an open ended question. It has so many variables in his answer that you can't actually give someone a real answer.

What I can say is that it comes down to your dedication, your hard work, how much risk you take, what type of trader you are, what strategy you trade. There's lots and lots of variables, far too many to talk about on here. But I'm going to give you a few general ones. I took trades on the U. Swedish Croner 6 hour, the German 30 index, 6 hour, and the U.

dollar index 6 hour. I actually had a buy trade that hit profit on silver against the U. on one hour chart in the session as well, but not including that one, because that was taken before we went live on the live trades that I took, that my clients could have followed copy taken.

I personally made a 1. Very, very small risk per trade, fantastic gains. And the reason I'm telling you that is when people say to me, Hey, what can I make? I go, well, I made 1. That's not great. It's not exciting. Think of it this way. What if I had risked more? Start thinking about that and you go, wow, that's actually really impressive. A lot of people out there will tell you if you have a look on internet land and YouTube gurus and everybody else out there online that tells you how to trade.

And people get the wrong side of it and they go, wow, that's just amazing. Where else can I do that? And while that is true, it all comes back to risk. It all depends on what suits you but my suggestion is you go low risk trade. The trade is still the same,. May 29 8 mins. My 5 Trading Tips to Improve Your Results  Podcast: Find out more about Blueberry Markets — Click Here Find out more about my Online Video Forex Course Click Here to Download my Lot Size Calculator My 5 Trading Tips to Improve Your Results In this video: — 1 Understanding Risk Management — Download my Lot Size Calculator — 2 High Reward:Risk Trades — 3 Focus on a few Candle Patterns and Time Frame Charts — 4 Forget Social Media and time wasting — 5 Seek high quality trading education — Bonus 6 — Blueberry Markets I'm going to give you five tips that will massively help change your trading results around.

Listen up for those five tips right now. Hey, trader. This is Andrew Mitchem here at the Forex Trading Coach with video and podcast number In this video and podcast, I'm going to give you five things that you can do right now today that will massively help change your trading around. Let's get into those.

Everybody wants to see all the flash side of trading, all the results, et cetera. But in order to trade properly, you have to understand risk management and have to know how to control your risk. Because ultimately, one of the keys to staying in business and trading properly and trading long term is understanding controlled risk. It's all just one-offs, if at all it's true.

But the important thing for you, because there's two things I always say to people who are new that control your trading. One's up here, one's your head, the other's your heart.

You've got to get those two under controls, to your emotions, psychological, all those type of issues under control. And to do that, you have to have low and controlled risk per trade. Now, most people out there all still, despite all these years of me banging on about don't do it, people will still talk in pips. Forget pips. They will get you nowhere. They will not assist your trading.

Do not worry about how many pips you make, lose, risk or anything like that. It does not matter. You try going down to the local shop and supermarket and go and buy something in pips. You cannot do it. Never have been able to, never will be able to. What you have to do is yes, you can measure number of pips you're taking on a trade, but that then has to relate to your position size.

And so, it's your position size that's the key to your trade. And what that means is, if you use the right position size on each individual trade, you can trade all timeframe charts, doesn't matter what the stop-loss is.

Doesn't matter what the currency period is, whether it's a crypto or FX or metal, it does not matter. Download my Lot Size Calculator Understanding that is very important. I have a Lot Size calculator that will help you with that. If you don't have it, I will put link on this video and podcast somewhere for you to get it. It works on MT4 and MT5. You simply drag it onto the correct chart that you're about to trade. It knows the account size that you have. It knows the trade that you're about to take in terms of the currency.

May 22 6 mins. Let me explain about that and more right now. Hey traders, this is Andrew Mitchem here at The Forex Trading Coach, with video and podcast number Something a little bit different this week, and I mentioned it at the end of last week's video and podcast, and I've had a lot of people saying they're really wanting to know more about this. On the previous video, I think I was mentioning he made about 8. So for the previous week he ended up, of the five trading days, he lost Friday and made four profitable days Monday through to Thursday, for a total net gain of 7.

And he did that by trading between 45 minutes and one and a half hours per day on only the 15 minute timeframe charts. We only look for a trade at the close of a candle And the great thing with the way that we trade is you only look at the candle close. And so you know that if you're trading for 45 minutes a day, he could have looked at four different timeframe charts, or four different closes. And if he was trading for an hour and a half, he had six closes on the 15 minute timeframe charts to look at.

So he did that for the five days for a 7. And when you think about that, that's pretty good. And personally, I tend to trade two hours and above, that's just what suits me.

But the great thing is from your point of view, is that our strategy works. And from our client's point of view, the strategy works. And what that means is you have the ability to trade whatever suits you. Just because I'm now explaining about a number of our clients that are now jumping onto 15 minute timeframe charts, doesn't mean to say you should go and do that, but only if it suits you.

Likewise, if I'm talking about trades on 12 hour charts or daily's or weekly's, or even monthly's, don't just jump onto those timeframe charts if they don't really suit you. On those, you've got to be prepared for them to be in a little bit longer and just let them do their thing. On a 15 minute timeframe chart, you're going to be expecting really that you have to dedicate an hour or so per day and sit and watch those closes four times within the hour. But it just shows what can be done.

And look, you can't blame people for thinking that. I did exactly the same. Give you a bit of a kind of funny story. And I would be forever calculating while I was walking.

Go, okay, so I start with 10, and then I double that, that'd be 20, and I'd double that. That'd be 40, and I'd double, that'd be And I was trying to sort of figure out if I'm doubling my money every sort of month, how long it would take me to get to these magic high numbers.

And it's a mistake that so many people go through. And like I said, I really don't blame you if you are going through that or have done that because it's exactly what I did myself. How I can help you But what I'm here to help you with is now after some 17, 18 years of trading full time, in fact coming up near 19 now of trading full time, I can offer you knowledge, experience, bit of wisdom to help shortcut things for you.

And that's what we do at the Forex Trading Coach. It's not only about the course, and the strategy, which of course work, it's about the realities of trading. And yes, you can do really, really, really well from your trading, and I'm going to share with you a testimonial that I received just yesterday shortly, but it's about the realities.

That's what I'm saying that suits me. And from my years of experience and knowledge, I find it a really good number.

It's your money after all. I'm not here to say you have to do this. I'm here to say, if you want my help and knowledge, these are my suggestions. And I've always sort of used that figure because I find personally that figure is a really good low risk figure. And when you look at prop firms around the world now, which by the way is a really good way for people to make money, once they know what they're doing,.

So how do you profit from that rather than take massive losses? Let's talk about that and more right now. Hey there traders, it's Andrew Mitchem here at The Forex Trading Coach with video and podcast number I want to talk about my long-term predictions that I made last year and how those have come correct.

I want to talk about our Black Friday sale on this upcoming Friday, on the 18th of November. I want to talk about Blueberry Markets as my preferred broker. So let's get into that. A massive fall in the Crypto market this week So cryptos; they have been tumbling. If you've been following cryptos, if you've been trading in cryptos, or you've been holding cryptos, you would have seen that this week we have had a massive fall in most of the crypto markets. So for a lot of people that's obviously really, really bad news.

But for us as traders, Forex traders but we can now trade cryptos in the same way because my strategy works across all markets and all timeframes and that does crypto pairs as well.

So luckily for us, we have the ability of course to trade short or to sell something. We're selling something that we don't own. Unlike going out there and actually buying Bitcoin or Ethereum or something, we're not doing that.

We have the advantage of riding the market down if we're selling it and profiting exactly the same way as if we were buying it and the market was going up. Now, that's one of the main things that attracted me to the Forex market getting close on 20 years ago, was the ability to sell something and watch it fall and profit from that, unlike say traditional buying shares or buying property or something like that, where of course you buy, hope, hold, hope it goes up kind of strategy.

I wasn't overly interested in that and that's why I like the ability to make money, providing I'm on the right side, whether a market is going up or down. That's the beauty of the way that we trade. A massive, massive drop. So massive, massive drops.

Sure they might come back a little bit but the beauty is, as mentioned, we can trade them if they're going up or down. We're price-action based and that works across all markets without fail. That's the beauty of it. So that's why I like to trade the Forex market and now other markets.

Trading Battle and my predictions have been correct The Trading Battle is a group online who came to m Let's talk about this really important topic right now. Hey traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number A lot of doom and gloom in the world right now Thought I'd come outside this morning, early morning and record this video for you. There's a lot going on obviously around the world right now with inflation going up, cost of living going up, job uncertainties, wages not keeping up with inflation, and a lot of property values starting to drop.

Property investors, maybe not such a good time now with higher interest rates and falling values if you already own property as well. Mortgage rates and Interest rates rise With mortgage rates going up and up, it's making things harder and harder for people to afford property, and so therefore it's not so attractive.

Also, overnight my time, Britain has raised their cash rate from 2. Just this week, the US have also gone from 3. Other countries did something similar just a week or so prior, and that's just this week, just those three countries. Pension funds are dropping We're also getting news about pension drops, and I saw again on an English online paper here, this comment about my pension fund has plunged, wiping out almost all the gains over the last eight years.

People are saying, well, their pension funds, if they're coming up to retirement age, let's say. Your value of your pension fund some eight years ago is pretty much where you are right now because of the lowering values and just the bad performance of pension funds. All this comes down to the very obvious, I suppose the obvious question, not the obvious answer, so much. What can you do about it?

The obvious question of what are you going to do about it, and how can you change this? Because obviously this is just spiralling out of control on so many different levels.

To me, there is a relatively straightforward answer, and it's to get trading or get educated into trading so you can try to figure out what you can do about this for yourself. Live webinar discussing a variety of time frame charts Now, just last night my time, I held a live webinar with our clients. We discussed a variety of timeframe charts, monthly charts of which we've got five trades on for the month of November.

clay blueberrymarkets. com Andrew Mitchem: Last week, I put some questions to our database and we've had some fantastic replies. We're going to interview Ben Clay at Blueberry Markets and find out how Blueberry can help you as a forex trader.

Let's get into that and more right now. Hi everybody. Welcome along Ben. Ben, how are you? Ben Clay: Thank you. Very well, Andrew. Always a pleasure to be here. Thanks for having me again. Andrew Mitchem: Awesome. Well, just to recap, last week I sent an email out to our database asking for people to come through with a group of questions, knowing that I was going to interview you this week and to be able to put those questions to you.

So, thank you very much for helping out with these questions that we have to ask you. So first one is from Steve, and Steve says he's never opened an account before. What is the process, and how complicated is it to set one up? Q 1 — Opening an account Ben Clay: Yep, pretty straightforward. The application itself takes three to four minutes to complete on our website, and then you just need to upload the ID documents that it will request.

Typically one government issued photo ID and then a proof of address that was issued in the last 90 days. And you can upload all that in the portal. The account's typically open within a few hours, or 24 hours or so. Andrew Mitchem: Cool.

So pretty straightforward, really. In terms of opening a demo, how's that been? Ben Clay: That's basically the same.

You would do that straight on our website. There's a section there that just says "Open a demo account. Obviously, you don't need to upload any ID documents. But there'll be two buttons on our website. And you can get demo accounts up and running within the client portal as well.

Andrew Mitchem: Okay, awesome. No, I hope that answers that one for you, Steve.

Andrew Mitchem is a full time Forex trader and Forex Coach with clients all around the World. Each week I provide you with the latest Forex news plus important trading tips and advise that will help improve your trading performance.

Nov 20 6 mins 4. RSS feed Share Share. Subscribe on Podcast Addict. Nov 20 5 mins. Don't race to get rich through trading. It's likely to end in tears. Let me explain exactly what I mean through my 18 years of knowledge and experience to help you right now. Hey there, traders. Andrew Mitchem here at the Forex Trading Coach with video and podcast number Take your time when learning to trade Came outside this afternoon, beautiful afternoon.

And I wanted to talk about why you should not race to get rich through trading. You see, people get into trading and they think it's going to be easy. They think they're going to become super rich really, really quickly without too much thought or too much effort. And look, you can't blame people for thinking that. I did exactly the same. Give you a bit of a kind of funny story. And I would be forever calculating while I was walking. Go, okay, so I start with 10, and then I double that, that'd be 20, and I'd double that.

That'd be 40, and I'd double, that'd be And I was trying to sort of figure out if I'm doubling my money every sort of month, how long it would take me to get to these magic high numbers. And it's a mistake that so many people go through. And like I said, I really don't blame you if you are going through that or have done that because it's exactly what I did myself. How I can help you But what I'm here to help you with is now after some 17, 18 years of trading full time, in fact coming up near 19 now of trading full time, I can offer you knowledge, experience, bit of wisdom to help shortcut things for you.

And that's what we do at the Forex Trading Coach. It's not only about the course, and the strategy, which of course work, it's about the realities of trading. And yes, you can do really, really, really well from your trading, and I'm going to share with you a testimonial that I received just yesterday shortly, but it's about the realities. That's what I'm saying that suits me. And from my years of experience and knowledge, I find it a really good number. It's your money after all.

I'm not here to say you have to do this. I'm here to say, if you want my help and knowledge, these are my suggestions. And I've always sort of used that figure because I find personally that figure is a really good low risk figure. And when you look at prop firms around the world now, which by the way is a really good way for people to make money, once they know what they're doing,. Nov 13 7 mins. So how do you profit from that rather than take massive losses?

Let's talk about that and more right now. Hey there traders, it's Andrew Mitchem here at The Forex Trading Coach with video and podcast number I want to talk about my long-term predictions that I made last year and how those have come correct. I want to talk about our Black Friday sale on this upcoming Friday, on the 18th of November. I want to talk about Blueberry Markets as my preferred broker. So let's get into that. A massive fall in the Crypto market this week So cryptos; they have been tumbling.

If you've been following cryptos, if you've been trading in cryptos, or you've been holding cryptos, you would have seen that this week we have had a massive fall in most of the crypto markets. So for a lot of people that's obviously really, really bad news. But for us as traders, Forex traders but we can now trade cryptos in the same way because my strategy works across all markets and all timeframes and that does crypto pairs as well.

So luckily for us, we have the ability of course to trade short or to sell something. We're selling something that we don't own. Unlike going out there and actually buying Bitcoin or Ethereum or something, we're not doing that.

We have the advantage of riding the market down if we're selling it and profiting exactly the same way as if we were buying it and the market was going up. Now, that's one of the main things that attracted me to the Forex market getting close on 20 years ago, was the ability to sell something and watch it fall and profit from that, unlike say traditional buying shares or buying property or something like that, where of course you buy, hope, hold, hope it goes up kind of strategy.

I wasn't overly interested in that and that's why I like the ability to make money, providing I'm on the right side, whether a market is going up or down. That's the beauty of the way that we trade. A massive, massive drop. So massive, massive drops. Sure they might come back a little bit but the beauty is, as mentioned, we can trade them if they're going up or down. We're price-action based and that works across all markets without fail.

That's the beauty of it. So that's why I like to trade the Forex market and now other markets. Trading Battle and my predictions have been correct The Trading Battle is a group online who came to m Nov 06 6 mins. Let's talk about this really important topic right now. Hey traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number A lot of doom and gloom in the world right now Thought I'd come outside this morning, early morning and record this video for you.

There's a lot going on obviously around the world right now with inflation going up, cost of living going up, job uncertainties, wages not keeping up with inflation, and a lot of property values starting to drop. Property investors, maybe not such a good time now with higher interest rates and falling values if you already own property as well. Mortgage rates and Interest rates rise With mortgage rates going up and up, it's making things harder and harder for people to afford property, and so therefore it's not so attractive.

Also, overnight my time, Britain has raised their cash rate from 2. Just this week, the US have also gone from 3. Other countries did something similar just a week or so prior, and that's just this week, just those three countries. Pension funds are dropping We're also getting news about pension drops, and I saw again on an English online paper here, this comment about my pension fund has plunged, wiping out almost all the gains over the last eight years.

People are saying, well, their pension funds, if they're coming up to retirement age, let's say. Your value of your pension fund some eight years ago is pretty much where you are right now because of the lowering values and just the bad performance of pension funds.

All this comes down to the very obvious, I suppose the obvious question, not the obvious answer, so much.

What can you do about it? The obvious question of what are you going to do about it, and how can you change this? Because obviously this is just spiralling out of control on so many different levels. To me, there is a relatively straightforward answer, and it's to get trading or get educated into trading so you can try to figure out what you can do about this for yourself.

Live webinar discussing a variety of time frame charts Now, just last night my time, I held a live webinar with our clients. We discussed a variety of timeframe charts, monthly charts of which we've got five trades on for the month of November.

Oct 30 11 mins. We're going to interview Ben Clay at Blueberry Markets and find out how Blueberry can help you as a forex trader. Let's get into that and more right now. Hi everybody. Welcome along Ben. Ben, how are you? Ben Clay: Thank you. Very well, Andrew. Always a pleasure to be here. Thanks for having me again. Andrew Mitchem: Awesome. Well, just to recap, last week I sent an email out to our database asking for people to come through with a group of questions, knowing that I was going to interview you this week and to be able to put those questions to you.

So, thank you very much for helping out with these questions that we have to ask you. So first one is from Steve, and Steve says he's never opened an account before. What is the process, and how complicated is it to set one up? Q 1 — Opening an account Ben Clay: Yep, pretty straightforward. The application itself takes three to four minutes to complete on our website, and then you just need to upload the ID documents that it will request.

Typically one government issued photo ID and then a proof of address that was issued in the last 90 days.

When do you put a trade on? Give you an example, just today, right now. What are your trading options right now? Because every day, I get email from people that say, "How much do I need in my trading account in order to give up my job? I want to talk about my long-term predictions that I made last year and how those have come correct.

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