Forex Trading Signals: How To Create Your Own


hello welcome back I’m Scot Schubert
with trading mastermind and today I’m going to show you exactly how you can
start swimming with all forex trading signals not for the purpose of selling
them to someone else but for the purpose of you using those signals to trade and
to get profit in your trading business and to create a trading business that
actually works for you so let’s get started with that right now if this is
your first time here be sure to subscribe below and click on the bell
icon to make sure that you’re notified instantly of all new videos that you
make what happens is a lot of people are interested in the idea of making money
from forex trading but then they realize that it’s a little bit more difficult
than they originally anticipated so they want to get signals from someone else
who they think might be a successful trader and as soon as these new people
come into this group I see all these other people say free signals inbox me
and I’ll set you up on I know what it is that they’re trying to make money off of
being introducing broker or whatever it is that they’re doing is just not about
a person being able to trade so then I noticed over the last few years that the
idea of getting trading signals from other people has become very popular if
you’ve been involved at all with using forex trading signals I think that you
will agree that something that would be much more desirable for you would be if
you could just assume your own trading signals and the purpose would not be to
sell them to someone else but it would be for you to use them for your trading
business right a lot of people in fact people have contacted me saying hey I
have really figured out how to train can you help me to sell my training
signals and I was just thinking what is freakin wrong with you okay I can tell
you what’s wrong with you is that in your subconscious mind you don’t believe
or have any intention that you will make money from trading even though you say
that you figured out how to trade you’re not planning to make money from trading
you’re playing to make money from selling your signals so that’s a big
problem don’t you think that the beginning of all success is in the
intention what’s the intention so you gotta get clear about what is your
intention and for anyone who has any real intention of learning the trading
business or even being involved in the trading business your intention should
be I am going to learn to trade and then I’m going to trade and then I’m going to
generate increase in capital and get profit and make money from trading first
of all if your intention is to get involved in trading and just get signals
from someone else your intention is not to ever master the business of forex
trading what happened to the intention of of getting profit from trading
because if you’ve looked at some of my videos on how much money you can make in
trading and there’s a Forex income calculator that can kind of guide you
you could take any amount and if you know how to trade you could increase
that amount increase the capital you could take any amount you know you could
take $100 if you know how to trade you could take that hundred dollars and
multiply it multiply it until eventually you would have hundreds of thousands of
dollars maybe even a million dollars it’s just a matter of how much time it
would take if you know how to trade and to get consistent profit is that not a
mathematical fact if you’re not intending that your money is going to be
made from trading then there’s something wrong with your unconscious mind that is
blocking it from you and that’s what you have to work on so if you want to
generate your own forex trading signals the first step is we learn to trade and
I’m not being facetious about that I am serious
that if you have any intention of being involved in anything to do with the
trading business trading Forex or anything else the first step that you
want to do is to learn to Train and that first step might be a difficult
step and it might take a while in fact wouldn’t you think that of
course it would take a while how could it not of course it will take a while so
if you’re going to make that decision let’s be honest I’ve made the decision I
want to be involved in trading the first step is to learn to trade that will take
a while now let’s get started unfortunately once you get started you
may be attracted to things that don’t produce results for you so you will come
in contact with all the different types of scams and trading education stuff
that can keep you busy forever but never give you results well if you do find
something that shows you how to trade and you’re able to get results from that
the first step is to learn to trade and the first step to learn to train is to
be able to read financial markets read charts reach arts like a language so if
you want to generate your own forex trading signals the first step would be
to learn to trade the first step of learning to trade would be to learn to
read charts then learning to read charts would give
you the skill of identifying turning points I’ve been involved in the trading
business for many years and as far as I know if you want to learn to identify
turning points the best way to do that is to begin by signing up for our free
training series at trading mastermind on ok so in order to learn to trade in
order to read financial markets and identify turning points what would you
need to do in order to do that the thing that you would need to do is to be able
to recognize these two things on charts one would be where is there trend on a
chart and the other would be where is a correction on a chart you should be able
to take any chart and immediately recognize where is the trend on this
chart once you can identify those two things it is possible for you to develop
a skill to be able to identify the end of a correction and the end of a trend
and I have a number of different videos that demonstrate this process and I will
tell you right now that unfortunately you won’t be able to master that skill
from watching one youtube video it takes at least six months to three years to
master that skill and there are a number of different things involved other than
just one thing and that’s why some people are disappointed when they watch
a video they go oh I didn’t master how to play Mozart on the piano from
watching this 15 minute video I may have to watch two videos but for those of you
who are committed and really want to possess the real value that this skill
gives you you know that that’s nothing it’s it’s a simple thing and it’s not
that much effort just a few years of practice isn’t really that much effort
to develop this kind of a skill when you think about how valuable the skill is so
on this chart is this a trend right here and is
this a correction to a trend right here and if so what would we need to identify
to identify the end of a correction or could you identify a turning point not
even knowing whether it’s the end of a brand or the end of the correction and
enter a trade then observe what happens next and then make another decision
whether you want to get home or stay in that’s another subject that I’ve covered
in a number of other videos and if you don’t quite get that right now I’ll show
it to you more in other videos for right now let me just show you some examples
of what these patterns look like if you can look at this chart and can you see a
trend here can you see a correction right here and does it look like you
could identify the end of that correction even if you’re just starting
to get the idea how to identify the end of a correction how to identify the end
of a trend you are on your way to being able to generate your own forex trading
signals and use them to make a lot of profit here’s another example can you
see the trend on this chart can you see the correction on this chart can you see
the place where the correction ended there are a number of things that are
involved and like I say you won’t necessarily master the skill from
watching one video but if you have guidance and you’re repeating this
process every day and practicing it you will develop this skill can you see a
turning point on this chart can you see the turning point on this chart the
trend and the correction this is the same one but it’s shown with some
fibonacci projection areas in addition that this is a highly profitable place
for that to turn and we knew that in advance that it might be a highly
probable place for it to turn when we see that it is turning we recognize it
right away can you see that there’s a trend on this chart that this is a
correction and that this looks like an end
correction that’s all you need to worry about right now can you see those things
you’re starting to be able to see those things you may be well on your way to
mastering the skill of how to trade in order to generate your own forex trading
signals the first step is to learn to trade the first step to learn to trade
is to learn to read charts and read financial markets in doing that that
will enable you to identify turning points places where there is an end of a
trend or the end of a correction what I have found that most of the industry
doesn’t even believe that it’s possible to do and yet we have proven that it’s
quite possible for anyone to identify turning points with a certain degree of
accuracy good enough accuracy to get an increase in capital okay so for instance
on this chart of the US Dollar Index non-weighted you might see that there
are two primary Corrections on this part of the chart one of them ended right
here and one of them ended right here the ability to identify that point can
you see that would be a good point to enter and you go long is that part clear
is it is that part clear that this area right here would be a good place to
enter and go along and this area right here would be a good place to enter and
going on this area right here would be a good place to enter and go along a lot
of people would say you’re just pointing at that in hindsight and yes I am but
when we entered there at those points I was not doing it in high insight and all
the other times every day when we are looking for these entries we’re not
doing it in hindsight and so the ability to do it in real time and to identify
those points that’s something that I can show you it’s not something that I could
show you in a video on YouTube but it’s something that you could learn and
practice and could become a part of your lifetime knowledge and skill if you make
a decision that you’re going to do that so I encourage you to make that decision
that you’re going to do that make it happen so that you can see those and
generate your own trading signals yourself and be right most of the time
over and over again so that other people might wish that they could get your
trading signals but you’re not going to sell them because your talent is going
to be much better use for trading your account might that be something that you
would rather do is just to trade to your account even if it’s just a 100 dollar
account you could multiply that over and over until it’s a lot more that’s where
the money is so I encourage you to not settle for anything less than that I
look forward to seeing you in the next video and remember to trade deliberately
and live your life deliberately you

Leave a Reply

Your email address will not be published. Required fields are marked *