A major component to winning as a trader is to have the ability to know when to buy low and sell high. While it is easy for someone to say "buy low, sell high", most are not sure how to do this.
While it is obvious why you would want to buy low and sell high, we should discuss it in more detail here so you can get a better idea as to what the FDate Precision Trading Membership is all about.
Most traders have no idea when a market top or bottom is going to form. Because of this, indicator type systems or methods are often used to try and catch some part of what is hoped to be a new impulse move. For example, trades are often entered based on some line crossing another line, or price breaking above or below a previous pivot top or bottom, or some other approach.
But what if you did know when a top or bottom was most likely to form? What if you knew this with a very high degree of confidence? Can you think of how this could help you profit as a trader?
Take a look at Chart #1 shown above. Do you see those swing tops and bottoms indicated on this chart? The dates you see here, 3/27, 4/1 and 4/14 are the dates that were provided to all our Precision Trading members on the FDate Report. The FDate Report is posted each Friday or Saturday within our private trading forum and downloadable as a PDF document. It contains a list of the markets we provide FDates for (see Markets We Cover) and the dates that each market is expected to make a swing top or bottom. Daily dates are provided for turns (tops or bottoms) for the upcoming week, and weekly dates are provided for the next one or two future weekly turns (as viewed on a weekly time-frame chart).
Now, assume it is April 1, 2008. You are one of our FDate Precision Trading members and you see on the FDate Report that the Australian Dollar has a FDate (aka 'turn date') for 4/1. So you look at your daily Australian Dollar chart and you see that the 4/1 price bar, if it were to turn and make bottom, would be a higher bottom than the last one made in mid-March. You like that, because you want to trade with the trend and a bullish trend is one that makes higher bottoms.
KNOWING that a turn is highly likely at this time because of the date on the FDate Report, you decide to put a BUY STOP just above the high of the 4/1 price bar. You reason that if the market is going to turn and make a higher bottom off the 4/1 price bar that price must move higher than the 4/1 price bar to confirm it.
Now, suppose you did this and price does move higher and you are filled long. Where might you place your stop-loss? That is an easy thing to decide, because you KNOW that the 4/1 price bar has just confirmed as a swing bottom, and you KNEW that it was likely to do so because the FDate Report listed 4/1 as a high probability for such a turn. This gives you confidence in placing your stop-loss, initially, below this new 4/1 bottom, at least until price moves higher and you can move your stop-loss even higher to breakeven and then into profit.
Do you see what happened when you when long off the 4/1 swing bottom that was forecasted on the FDate Report? Your trade is going really well! But then price starts to move down again and it is 4/14. What is so special about 4/14? This was also a FDate listed on your FDate Report for the Australian Dollar. And what else do you notice here about the 4/14 price bar? Just like the 4/1 price bar, if it is going to make a turn as forecasted, it would become another higher swing bottom. So having strong confidence in FDates, you do the same thing you did back on 4/1. You place a BUY STOP just above the 4/14 high. And if it is filled and you are long again, you know to put a stop-loss just below the low of 4/14.
Now here are the important points you need to understand about these two trades.
- You were EXPECTING the market to make a bottom at these times.
- You entered the market WITH THE TREND rather than against it.
- You knew EXACTLY where to safely place your initial stop-loss order.
Do you see the 3/27 swing top on Chart #1 above? The 3/27 date was also on the FDate Report for the Australian Dollar. Our trading members were expecting this top to occur, and it did. Could you have traded this also? Yes, you could have. However, when you join the FDate Precision Trading Membership, we provide you with training materials and videos, as well as ongoing training and live training sessions to help you learn how to trade these amazing turn dates with lower risk and higher profit potential. So as a member, you learned that in order to put the odds of success on your side, you want to trade WITH THE TREND rather than against it.
So when you noticed that the 3/27 could only form a higher swing top, you decided that selling it would be trading against the trend and simply passed it by.
NOTE: Day traders trade differently than other types of traders. If you are a day trader, you are less concerned about these higher-time frame trends. In such a case, you may decide to sell the swing tops or buy the swing bottoms regardless of whether they are higher or lower, with or against the daily trend. I leave that decision up to you.
FOREX TRADERS
Are you a Forex Trader? I enjoy trading the Forex markets myself, although I also trade Futures and Commodities, as well as Stock Options. Simply put, I love to trade everything! I started trading back in 1989, and the Forex I started trading in 2005.
So you may be wondering, how can the FDate Report and this membership benefit you? You'll be happy to know that using the currency FDates can give you, the Forex trader, and incredible edge to winning in the Forex markets.
There are 5 currencies listed on the FDate Report. These are the Australian Dollar, the British Pound, the Canadian Dollar, Japanese Yen and the Euro.
As a Forex trader, I will use the Australian Dollar Fdates to trade the AUD/USD pair. They are basically the same, so the turns occur at the same time. I will use the British Pound FDates for the GBP/USD, and the Euro for the EUR/USD. When the futures makes a top, the corresponding currency pair makes a top. When they make a bottom, the corresponding currency pair makes a bottom.
All the currency futures listed on the FDate Report are tied to the USD. So the Australian Dollar futures is comparable to AUD/USD, etc.
Using the Canadian Dollar or Japanese Yen FDates simply requires that you invert your expectation. For example, the Canadian Dollar and Japanese Yen futures correspond to CAD/USD and JPY/USD. When trading the Forex, you are likely to trade the USD/CAD and USD/JPY for these two currencies. Therefore, if you are expecting a top in the Canadian Dollar futures, you should expect a bottom in the USD/CAD Forex pair. Same thing for the Japanese Yen.
The point, however, is that the FDates for the 5 major currencies are also used to determine where the tops and bottoms are going to form in the Forex.
So if you trade AUD/USD, EUR/USD, GBP/USD, USD/CAD and USD/JPY, you will absolutely want to use the FDates on the report to alert you to as to when these pairs are going to form their tops and bottoms.
The Membership Forum
Everything is tied to the Membership Forum. You go there to download and print out your weekly FDate Report. You go there to read and watch the various trading lessons. You go there to discuss trading with other FDate traders. You go there to ask questions about something you may not fully understand, or to inquire about additional techniques. You go there to read my analysis of different markets that are listed on the FDate Report. You go there to tell others of the trades you have taken or want to take.
The Membership forum is the center of the trading universe for FDate traders. You are alerted by one of my weekly posts that the Euro is going to change trend this week, or that the Live Cattle market has major support at a particular price, or that Cotton is coming up to a particular week that will likely result in a major move. While the whole world of trading and traders skirt around in the dark, you as a FDate member KNOW what is likely to happen in the markets. You are confident with this knowledge like never before.
Periodically, I will host a live chat session where you can view my computer desktop as I go through analyzing charts for you, and listen as I explain what I'm doing. You can even ask me questions during this chat session. Members who have attended these chat sessions would tell you how they were informed of signficant market tops and bottoms that were likely to happen during the chat session, and then went on to see it happen as discussed.
Skeptical?
Who isn't? There is nothing like this anywhere in the world, so it may be hard to believe. Hey, if I were you I'd be skeptical also. Everyone is taught that "if it sounds too good to be true, it probably isn't". Just hold on to that word "probably", as it leaves room for you to be plesantly surprised when you do find something like this.
Because you are likely skeptical, and you find the testimonials too amazing or the examples incredibly accurate and hard to believe are real (but they are!), we have a membership plan that is extremely inexpensive and easy for anyone to afford. For first time members, you can join the FDate Precision Trading Membership for only $29 US. That's a ridiculously low price, and we seriously do not know how long we'll keep offering it. So you will want to jump on it now while it's still available.
Some wonder why we do not offer a free trial. The reason is logical. We have found that those looking for 'free' are not serious traders. We have found that many join but do nothing with it because they didn't invest anything in it. And at times we get someone who joins just to disrupt the group, which is not fair to everyone else here.
To your success!
