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Day 3 – Pro Act Traders

Well here we are in Day 3 of Pro-act-traders. The seminars I’ve been to (online thankfully) do move pretty fast but I found actually that I am absorbing the key rules and applying them, trading wide open spaces, establishing FIB/HSI targets. The trading software they supply at first glance looks, well, a bit dated, but like all old reliable things it does actually work.

I think what I do like is the signals you get from them, they are not signals to trade ofcourse, they are signals to go and evaluate for yourself. As Scott says they are teaching us to fish, not giving us fish.

Yesterday I pulled a SWEET 60 pips from GBPUSD sell thanks to the head and shoulders that formed after the news.

I have an NZDUSD sell just gone on, the pair broke below a fib line and a key resistance and is now in the upper part of the hook, so I would imagine it will continue down. Click on the chart to blow it up!  Anyway there’s the sell signal now on the 10 minute chart.

It’s NFP today so I’m staying out till 14:30GMT for the training session under Scott’s advice. If I have any trades in at that point I will move the stops down to break even or profit.

With Pro act traders you will learn that trading news is ill-advised, although I’ve made some fast profits with it, you can get whip-saws which kill your trades.

If I make today what I made yesterday I will be very very happy.

This set up is using the RF1010 set up as the UK session is just starting in 5…4…3…2..1

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