How to trade forex like a pro in one hour

How to trade forex like a pro in one hour

Posted: weasel On: 02.07.2017

It took me at least 2 days of brain power and probably 20 coffees. Please pay it forward, share it with others. A sniper in the military has an edge over his or her enemy; their edge is unwavering patience, mastery of their weapon, and the ability to remain consciously in control of their mind and body for long periods of time in high-stress situations.

We can apply these same concepts to Forex trading…. Forex trading is very similar…you need a trading edge weaponyou have to master this edge, you need to develop and maintain rigid self-discipline and control, and you have to execute your edge flawlessly in the face of constant temptation to over-trade and over-leverage.

Now, trading is nowhere near as stressful as war, but it still requires conscious control of mind and body. One of the things that we traders can learn from a sniper in the military is that in certain situations less is indeed more. However, it is very common for beginning traders to feel that more is better; more Forex indicatorsmore trades, more analyzing, more money on useless trading robots, etc.

What is the result of such misinformed beliefs? The result is almost always over-trading; indeed, most beginning Forex traders are like machine-gunners; spraying bullets money at everything they deem to be a trade and likely causing more damage to their trading accounts than good. The first step that you need to make if you want to trade more like a sniper and less like a machine-gunner, is to truly accept that less is more in Forex trading.

Just like a sniper waits patiently for his or her pre-determined target to come into view; you need to learn how to wait patiently for your pre-defined trading edge to show itself in the market. These targets are price action setups, and you should think of them as higher-value on the higher time frames, because in reality the higher the time frame the higher-probability the setup becomes.

This is the primary reason that trading higher time frames drastically increases trading success. Think about it this way; a sniper is on a pre-planned mission to take out high-value targets that can change the course of a war, and in Forex trading you should be looking for the highest-probability trade setups that can have the greatest positive impact on your track record.

Machine-gun trading the lower time frames is not going to do anything but cause you to lose all your ammo or money a lot faster than you think.

There is really no sense in ever trading any time frame below the 1hr chart since the value or probability of the targets or setups decreases dramatically as you move lower in time frame. You want to stick to the high-value or high-probability setups of the daily chart as much as possible, and especially while you are still learning to trade.

Most beginning traders lose money in the markets, and most beginning traders are also anything BUT patient. See the connection here?

A sniper will train for years to sharpen and perfect his or her shooting skills, and a sniper knows exactly what their target looks like and pulls the trigger without hesitation.

Mastering a trading strategy begins with education. If you choose to employ high-probability price action trading strategies, I can provide you with the Forex trading training you will need. However, you must put in the time and effort to learn and master it; I cannot do this for you. You need to be realistic about this, it will take time; it takes time to become a master at anything, and Forex trading is no different.

But, if you put in the necessary time and take advantage of the insights discussed in this article, you will begin trading like a sniper sooner than you might think. Sniper-like Forex trading breeds confidence and discipline. The more you strive to trade like a sniper and less like a machine-gunner, the more your Forex trading confidence and discipline will improve. This is because you will be rewarded for patience, and as you start to see your patience pay off over time, you will want to maintain it.

It is the initial stages of developing a sniper-like Forex trading mindset that most traders fail at, usually because they do not understand the power of patience and discipline. The problem with this mindset is that you can never control the market, in fact, the more you try to control the Forex market the more it will actually control you. The only thing you CAN control is yourself by learning to trade like a sniper, and if you do this you will significantly increase your chances of success as a Forex trader.

Patience truly is the key to be a successful trader. Superb Nail; you remind me of my grandfather he use to tell me that he use to wait for days in the forest waiting for the pray to come; the only one thing he was sure of was his target and that when it comes he will have no doubt but only to pull the trigger.

Hi Nial, I think this is one difficult task to master. But if it will change my trading to right direction I am willing to do it. I just start trading this January Thank you for this article so I can start right. You have my attention. Knowledge is the key. Your course will give me a new trade. Now it is up to me to put the time in and learn this new trade. Finally, a straight up, concise no BS site that will enhance my life style over time.

Thanks for sharing your knowledge. Damn Nial, where were you at when i started trading last winter haha. Thank you for the inspiration and correct methods for trading. Hi Niel, I wonder to consistently make profits in the market. Cause as we know, market moves so fast up down.

How do we suppose to imply the connections between fundamental and the use of TF Time Frames accurately. For instance,once we enter market with higher TF Daily D1 which indicates the pair to drop,it likely market moves against our expectations. What and how exactly the right way to read the TF. How long it takes for the TF D1 to hit our Target? I never was a sniper but as a fisherman I am ready to subscribe to your every word from this article.

Trading likes fishing too. You never know — catch fish or fish eat the bait often with tackle. I know only one way to be a patience — LOVE! If you love fishing trading in mind — you will be a patient, careful, prudent and so on.

But to became successful trader all this is not enough. Thank you once more — with deep reverence and gratitude. For an older article it is definitely one of the most useful and has turned my trading performance completely around. Hi Nial, Very helpful article and has changed my overall view of how i should be trading…. If you are close to your target, through a scope they will not only get nearly impossible to hit, but you will have a hard time even spotting them.

Thus, from a greater distance zooming out to higher timeframes you have all the overview and a lot more time to squeeze the trigger. Thank you so much for coming up with analogies like these overall, they wield incredible explanatory power. Dear nial, very effective useful article, really i learned the value of patience.

I still believe that the lower timeframes are helpful to find low risk trigger entries, but the setups should be based on the higher timeframes over 1 Hr. Sniper trading will also lower your commissions, which naturally will add up over time if you over trade. I will i mean i will never trade a lower timeframe like in the past again. Thanks once again Nial,u really are a great life changer. This is the MOST inspiring and transforming article i have come across this period, this course made me add FXsniper to ma social network handles.

A very big thanks to NIAL you the BEST MENTOR. As i was going through this article, i can see myself thru it like a mirror, my mistakes were made manifest by the article, in fact, i see some reasons why i am failing in the forex trading. From now, and I repeat, from now, I will increase my patience like a sniper to capture my target pips. This is better than any strategy.

My view is that once each or one of us has hit our 3 trade a week limit, that person should stop trading even if it is say Wednesday and there is still Thursday and Friday to go. For me that defeats the purpose! The way I see it is that if one of us has used up our trades early in the week, and the other person still has 3 trades left, the other person should continue trading but the person out of trades should stop!

She says that if all her 3 trades have been good, why should she not be allowed to at least show up to the market to see what is available. From Now I will Trade better. Thanks for this eye opener. In fact, lack of patience has been my main course of failure; I always think like a machine-gunner.

Thanks again and keep opening our eyes the newbies. This is definitely another hit with me. This has addressed much emotion battles l encounter. Really patience is sweeter honey, of course, honey from the combs. I have come across your name and website several times on the net but somehow I have never neither been attaracted to read any of your articles nor consider your trading styles and systems and courses.

But the Title caught my attention like a lightning and aptly descripe my weakness. Thanks again, and I hope you continue to provide other articles. Much wisdom in this. Hi Nial,i want to thank you for great advice that you share with others,i want to say that i tested many trading systems and very expensive ones in more than a year,but i soo the simple system work best,keep it simple,KISS.

Nial, you are truly excited about this lesson and rightly so. The Sniper analogy is great. Patience is still the glue to any and all strategies.

Thanx for the article, very clear and useful… now we have to do the complicate stuff: This one was particularly good for me. Wont go into the reason but very nicely done and I will read it again. Basically, patience is the key for me. By the way, I think it is cool that you ask members to leave a comment but sometimes it seems you are looking for attention.

Your articles are great and if somebody is going to comment they will, weather you ask or not. Nothing more could be said. I have lost loads being a Rambo… Nothing other a Sniper how to trade forex like a pro in one hour better. You said it all. Thanks again for your thoughtfulness and expertise! Hi Nial,truly speaking it is my weaknesses since I began to trade…you have provide this article as the guideline and I find it very helpful and I m going to apply it in my daily trade.

Until then thanks and bye. Hi Nial, You are totally right in this article. Good way of using the sniper mentality in trading, not only do you have to be precise but you also have to have Courage to go out alone and know that each skill and technique you mastered could and will save your life account.

Hi Nial, Peace to your spirit,soul and body as you continue to release these creative ideas and hindsights freely to the trading community. Thanks again dear Nial. All your lessons are forex fxcm mt4 a gem, but this seems to be priceless. I adopt it as my watch word. Hi Nial, I think all of your articles are the best on the web. This article is a confirmation of this.

Thanks Nial, Excellent article on changing Machine Gunners into Snipers. Keep these great lessons prisindex 2014 forex. They then got traders to participate in war games.

The result was that both performed well and to the resurchers surprise at the coctail party afterward the traders and generals were mingling together and relating well.

Hi Nail, your articles is simply the best and easy to understand by newbies like myself and thanks for all the great advice. Not that I though I was a top machine gunner but now looking back I fit the profile. Just this past Sunday I started to map out a different stragtegy, may sound familiar. Looked for inside bars with a trend. Found two large bars followed by 4 days of inside bars. I feel good about the find however this morning I had an early meeting and never saw the position till this afternoon.

Did not lose anything but felt great that I could wait for the set-up. I do see the light at the end of find company stock ticker symbol tunnel. Excellent article and well put Nial. You simplifiy very well on what your trying to tell us. GreatGreat Article. Thanks banker11 binary options system vs regular again for your wanting to truly help all of us who are trying to succeed.

Training to be a stockbroker uk like the analogy…. Mastering trading is just like mastering accurate shooting — it takes patience and practice. Nial, this is excellent advice. I lived in Las Vegas for a number of years and worked in a casino. Everything you tell us NOT to do is exactly what most gamblers did.

So I totally agree with your strategy and patience method. Thanks for the advice. Great article Nial, this type of article is great for newbies and those experienced a like, as discipline is easy to forget and manage.

Keep up the great work, it is much appreciated! Hi Nial,Thank you so much for this article 24 hr technical analysis for trading binary option trades you are indeed a price action forex sniper and you fully nailed the aspect of displine and patience in this one!!

Man this information is priceless. You are a blessing keep writing as well as siping that coffee…we are 60 second binary options indicator how to something. Hi Nail You have a gift of using words that really gets the point across and in a way that gets right to the meat.

Thanks for all you do. Thanks Nial, I really needed this article! Nail, you have done it again. You are simply an angel. May the the Good Lord Protect and keep you for our gerneration.

You are simply awesome. On another note you say you are nearly at members,as I am one of them I would love to know how many have reached the stage that they can give up work as that is my goal and Im sure this would give encouragement to others? I have also thought of trading as a sniper and seen the similarities.

My trading is improving because of you. Hi Nail, thanks for your best article. I have started with USD My net profit could be much more than USD After closing any order by TP or SL, again I start another order to increase my profit or compensate my lost order, and most of the time I was losing again. In fact, Sniper has been my trading forum screen name for about 5 years on various forums. I decided on the name for all of the reasons Nial mentioned above. Incredible article, as always, Nial.

What you just described in this article is very true. Patience is the first ingredient, then comes strategy mastery and after that, confidence mind set if I may point them out. Harbour town adelaide easter trading 2014 atheletes become great by practicing the basics over and over again.

Thanks Nial, for being a great coach. Thanks Nial, for being a great coach, who reminds us of the basic skills we need to be successful traders.

Very useful article, everything in it is absolutely true. I became a consistently profitable trader when I started trading off the higher time frames and selectively. I need to work a little bit on my patience though. Nial, after writing this, you have completed your Forex teaching mission I feel: This should do the big and due change in many traders towards success.

Long life with Peace and happiness. Hi Nial, Another great article as usual. Truly, patience and discipline with good knowledge of price action in 1929 stock market crashed because key to profitable forex trading.

You are a great mentor to me. Many thanks to you.

All i can say us Awesome. It took me more than six months and loose some bucks to realise less is more… thanks for your all ariticle. I have been trading for about 2 years now on a demo. Tried everything and yes i was shooting at everything i thought was how to trade forex like a pro in one hour target.

Since looking at the way your method works and starting to apply it, my trading has evolved. After about 3 weeks since i found your site, i have started to turn my demo account into a profit. Your method really works. I purchased your course about 7 months ago and I am only just now getting the overall point that this article explains.

You now have a skill for life as you now really know and have experienced how it actually needs to be done. Keep up the great articles Nial. Like the sniper how much money does bill gates have forbes the army, they really have a specialised training.

Hi Nial, Goodday to you and i pray God blessings and favours…in all ur ways. You have been a great and priceless mentor to me personnally and much more to others i beiieve too-all at no cost!!! I seriuosly dont know how to reward but to pray for you.

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I look forward to receiving these articles. They are so accurate and easily read and I do not get the feeling that someone is breathing down my neck to purchase something. I usually save these articles list of publicly listed companies in the philippines be read and re-read.

I think they are absolutely wonderful. Hi Nial, I like your analogy of comparing forex trading to being a military sniper. By associating forex trading to a sniper, it will constantly remind myself to be patient and wait for the perfect setup to appear! Nial, This is one of your great articles. A breath of fresh air.

how to trade forex like a pro in one hour

Hi Nial,another great and well-written how much money does carli bybel make. This article like so many of your other articles is priceless to both new and experienced Forex traders. Aquiring patience and exercising self-discipline and control is not easy,but thanks to your mentoring I am starting to apply these very important qualities to my trading,thank you.

Patience, Higher Timeframes,and Price Action is the way to go. You have hit the nail on the head with this one as I have tried as many new wannabe traders have to try to make easy money on the shorter timeframes.

The only thing I got was sore eyes from constantly looking at the computer and a decreasing bankroll. Since I have signed on to your site one month ago I have learned a great deal and as I continue to study the course materials and review how success binary options trading for beginner to pro pdf rest of the information on the site I am gradually getting the hang of this market.

I have started playing the waiting game and it truly is worth the wait. Plus, my trading account looks better when I wait on the best profession to make gold in mists of pandaria trades. ANOTHER PLATINUM HIT, NIAL!!

Nice overview of the mental state required for all this, Nial. I am THAT close to signing up… the stress of trying to trade the 15, or 5 minute charts is bleeding me dry emotionally! Paying it forward…. Thanks, I appreciated this article when I read it.

Patience and then decisive action is a good message for me. I am a new member, recently joined after studying technical analysis for the past year and creating beautifully messy charts with enough indicators to completely confuse me.

Your course has been a breath of paid webinars on binary options air.

Lots more patience required, but its a journey and I am glad to be stock market trading software guidance it! I am a new sniper-like forex. Thank you Nial, from Brazil. Many thanks to your coaching and mentoring. A question on the daily entry, do we wait for the next day bar to complete before the entry?

Is it at the opening of the daily bar? Nial, a very interesting article — the anology makes a lot of sense and really hammers home the need to be patient.

how to trade forex like a pro in one hour

Thanks for investing the time into helping others. Hi Nial…great article,but then all your articles are great and worth our time to read and digest multiple times to get ingrained in memory and put into action. I really enjoy all your articles….

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Great stuff again Nial. My Dear Nial, Really, this is an outstanding article on trading. Thanks a lot for giving such a lucid explanation. Great teaching Nial right on point. It could not be anymore more clearer than how you explain it……………. I could reduce it to not more than 25 per months thanks to your advices, and making profit now. Hi, Nial, thank you for stressing the same principles over and over.

So I am glad to be here and I will keep learning from you! Great article and true to the mark! Now I always check the daily charts at the end of the day 5pm ESTthe weekly, at end of the week, and monthly.

Less is More in Forex and Gold!! Hi Nial I totally agree with this article. Patience and mastery of the few trading techniques is enough to achieve success in trading. A perfect lesson Nail Thanks for being a good coach Price action is the best you can get!!!

First of all, I would like to say a million thanks to you for spending such long time to write this article for the benefits and learning of all new forex traders. The drawdown on my account has been decreased drastically ever since I started trade using price action. It has also made me a more patient trader and only invest in high probability trades.

Thanks again for your time and effort in making this website available to all of us who are keen to success in forex! Just like Weight training and trading and sniping to get the best results doing less but effectively reaps huge results. Excellent yet simple as always Nial. Very well thought out article Nial. Certainly need to have plenty of patience and the picture of the croc says it all, wait for the right moment and have a bite.

Yes, I can identify with your sniper explanation. I have tried a lot of systems and every time a new promotion comes along you want to know what is it that they have got. Finally, only recently I have come to the conclusion I am getting nowhere with all the systems. That is where your sniper discipline behaviour emphasis is so valuable.

Nial, I was time poor,2 years ago when I first got involved in trading, I purchased a lot of crap robots, signal services services expensive courses. I actually joined you about a year ago I liked what I saw but did not spend the time then to truly appreciate what I had. Maybe your low price price for life membership may have lessened its true worth in my subconcius some what I dont know? Guess what I took myself away from charts for 2 months, came back a month ago, deleted all the crap robots indicators etc, I focused on nothing but what you have shared with me and studied PA setup etc.

A very nice lesson. Its these values that LTTTM members have instilled in me. When I get over excited about seeing a PA signal I refer back to the Legends of LTTTM Forum and realise I was running through a rose bush with my my pants down hoping not to get spiked.

You are absolutely right. I used to spend hours and hours in front of my computer and never made much money. God bless you Nial. Thanks seriously, Great article Regards Peter. This is an awesome lesson.

You have blessed me today so the two days of writing and the 20 coffees were worth it. You are the best Forex Article Man on the internet. Wonderful article as always Nial. Your style of trading puts the stress of monitoring the charts away. One look at the charts and you already know if what you are looking for is there or not. You let the market dictate the move for you thus freeing yourself up of the stress of manifesting trades for the sake of trading.

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We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results. Trade Forex Like a Sniper…Not a Machine Gunner By Nial Fuller in Forex Trading Articles Comments.

We can apply these same concepts to Forex trading… Forex trading is very similar…you need a trading edge weaponyou have to master this edge, you need to develop and maintain rigid self-discipline and control, and you have to execute your edge flawlessly in the face of constant temptation to over-trade and over-leverage. Now I want to hear from you! June 12, at 9: March 17, at January 29, at 4: January 15, at 5: January 2, at 3: December 7, at 7: October 5, at 4: June 29, at 3: July 7, at May 29, at 3: March 21, at 2: March 9, at 1: March 5, at July 6, at 4: March 27, at 5: February 1, at 7: September 5, at 1: August 11, at 3: August 5, at March 9, at 7: December 2, at 8: November 17, at 1: August 9, at 7: June 23, at 1: June 13, at 1: April 28, at 5: April 6, at 7: April 2, at 6: March 12, at 4: February 6, at 7: January 20, at 7: December 27, at 5: November 6, at 9: October 20, at 1: October 14, at 5: October 14, at 1: October 7, at October 5, at 7: October 3, at September 8, at August 27, at August 23, at Paul N Jiya says: August 20, at 3: August 10, at 9: August 3, at 7: August 2, at 4: July 30, at 7: July 30, at July 29, at 1: July 29, at 6: July 28, at July 27, at 1: July 26, at 9: July 26, at 8: July 26, at July 26, at 5: July 25, at 2: July 25, at 6: July 24, at 4: July 24, at 9: July 24, at 8: July 23, at 4: July 23, at 3: July 23, at 9: July 23, at July 22, at July 22, at 9: July 22, at 8: July 22, at 6: July 22, at 4: July 22, at 3: July 22, at 1: July 22, at 5: July 22, at 2: July 21, at July 21, at 9: July 21, at 8: July 21, at 7: July 21, at 6: July 21, at 5: July 20, at 8: Leave a Comment Cancel reply Your email address will not be published.

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