The NickB Method 2010

Posted By: FenixN
The NickB Method 2010

The NickB Method 2010
DVDRip | AVI/XviD, ~427 kb/s | 480x272 | Duration: 02:20:49 | English: MP3, 160 kb/s (2 ch) | + PDF Guides | 2.16 GB
Genre: Trading

In the world of Forex trading most traders are continuously searching for the holy grail of systems that will make them a millionaire in a week. Like the search for the Fountain of Youth that system has never been found. Here is a hint why; IT DOESN'T EXIST!

Searching through forums like a crazy person looking for the magic combination of indicators is the short road to failure. If you are reading this e-Book looking for a system to make you an instant millionaire then hit that little red ‘X’ right now. If you are reading this eBook looking for a method of trading that will make you a successful, consistently profitable trader then keep reading. Trading is not a get rich quick scheme; it takes hard work and dedication.

My method is not a system, I do not use any indicators, and there are hardly any set-in-stone rules. My method is based on candle patterns and support and resistance lines. These are not to be confused with pivot points or Fibonacci lines. The best thing about my trading method is you are not tied down to one specific style. You can implement certain aspects of it, and add others, to tailor make your own trading style.

I know that not using indicators sounds crazy, but I have been doing it for 4 years and I am still around. It is up to you to make the choice. Are you going to embark on the futile search for the Holy Grail trading system? Or are you going to learn how to really trade?

Keeping it Simple
The foundation of my method is to keep things simple. I am against over complicating trading. In my opinion, the simpler your method is, the more effective you will be. Making something extremely complicated is only going to waste time and add stress. That is why I try to keep my trading as simple as possible. Over complicating something that works very well is counterproductive. All I need are a few lines on my chart and I can make 100+ pips per week with ease.
Some methods you see are just a mess of indicators; so many that you can barely see the candles. This is not the way to trade. If you can be consistently profitable keeping it simple, with just a few lines, then that is obviously the better option. So as you read on, and find out that my method is just a few simple lines, do not run away. These simple lines have been making me a lot of money consistently for 4 years. That is more than can be said for 99% of the trading methods out there. Simplicity is a good thing, not a bad thing.

Another foundation of my method is adaptability.
A system is limited in that it gives you a very constrained method of trading. You have rules that are set in stone, and they do not change when the market changes. Thus, a system works amazingly well some months during the year, and fails miserably other months.
I do not have a system. I have a method based on the analysis of candle patterns and support and resistance lines. The most important thing about my method is that it adapts to changing markets. A huge part of my trading is analyzing current market conditions and trading accordingly. This may sound hard, but when you learn the basics it becomes second nature. One look at your charts and you will know that you need to tweak the way you traded last week to suit the market this week.

Candles are perfect because in any market condition they still perform the same task, they show you price action. Support and resistance lines are basically just showing us where the price action is stalling and where the market is shifting direction.

Anyway, what I am getting at is that I do not have a system. I can't simply say, “You put lines here and enter on crosses”, or, “You target 100 pips every time.”
I do not have a system that can be summed up in a few paragraphs. The method gathers together a hundred different aspects to form an extremely effective and adaptable style of trading. It is something that will take you time to learn.
Scouring forums for Holy Grail systems is not your answer. Like I said, systems are limited to the market conditions that spawned them. Systems do not adapt to changing market conditions. There is a tool however that allows traders to adapt to changing market conditions.

Can anybody guess what it is? It is your brain!
Those new to Forex trading, who have spent time on multiple forex websites, expect me to have some kind of generic, crappy, enter-when-this-crosses-that system. The reason they expect that is because that is usually what is offered. This is not what I am offering you. I expect you to be an active participant in trading; using your mind, and making good trading decisions.
My system involves the use of your brain (every trader has one), and that is why after 4 years, my method is still profitable.

Look also other Trading lessons:

Investools - Advanced Options

Investools - Basic Options

The 5 Step Online Investing Formula

The 7 Cash Flow Investing Strategies

Investools PHD Course, Basic Stocks - 5 Step Investing Formula

Investools - Trading Rooms and Capstone Sessions

Investools - Advanced Technical Analysis

XLT - Stock Trading Course

XLT Futures Trading Course

The Best of Extended Learning Track (XLT) Forex Trading Course

Forex - Extended Learning Track - Trading and Analysis Sessions - Set 2

XLT - Forex - Trading and Analysis Sessions

Sports Trading Journey

Forex FX Engine Rule-Based Position Trading System

Kevin Haggerty - Trading With The Generals

Day Trading Complete Series

Walter Peters - FX Street - Naked Trading Techniques Webinars

Forex Daily Trading System

Swing Trading Essentials with Jon Markman

Traders Online Training Package

ForexMentor - FXM Trend Trader by Frank Paul (2013)

Vic Noble - Weekly Trading Examples 2013

Emini Addict: 36 Hours Full Live Trading Sessions + 19 Trading Webminars

John Person - Series Trading Course

Top Dog Trading Intermediate Course - Swing Trading with Confidence (Barry Burns)

Power Cycle Trading - Boot Camp for Swing Trading

Bulls on WallStreet - 4 Day Trading Bootcamp

Russell Sands’s - Turtle Trading Concepts

Peter Bain - Forex Mentor Currency Trading Course

The Ultimate GANN Trading Course and Workbook

Forex Mentor: Forex Master Blueprint

Trend Trading My Way

Swing Trading Strategies with Mike McMahon

Kevin Haggerty - Trading With The Generals

Candlestick Secrets for Profiting in Options

Ken Calhoun - Day Trading: Winning Chart Patterns

Mission Phoenix - Mastering The Forex Trading System

Tradeguider - Chart Reading MasterClass

Tradeguider VSA Club

ForexMentor - Understanding Global Fundamentals with Chris Lori

Pro Trader Complete FX Course

ForexMentor - High-Probability Reversal Patterns for the Forex Trader

Hector Deville - Forex Knight Mentoring Program

Robert Miner - Best Futures, Stocks and ETFs Trade Set-ups

Tim Sykes - How To Make Millions (2015)

Larry Williams - Trade Forex Money Tree Course

Trade The Markets

TechniTrader - How to Invest for Consistent Success Study Course

Hector DeVille - Forex Trading Course

Timothy Sykes - ShortStocking

Allan Farley - Targeting Profitable Entry and Exit Points

Timothy Sykes - TIMRAW

Techniques to Perfect Your Intra-Day Gap and Guerilla Trading - Part 1

A Complete Course in Option Trading Fundamentals

Steve Nison - Candlesticks Re-Ignited

The NickB Method 2010

The NickB Method 2010

The NickB Method 2010

Welcome to the best eLearning video (English, German, French, Spanish language) and many more: LINK
Do not forget to check my blog! Updated regularly!

No mirrors pls!