Forex Power Strategy
FXPS Lesson Vault

Welcome

Please read this first...
The Forex Power Strategy course will take the average beginner about 2 to 3 months to complete and begin to feel comfortable with trading forex. All lessons are provided via the Internet in the form of screen-capture videos.

If you haven't already joined the FXPS Course Newsletter, it's important that you join now using the form below. The newsletter will keep you updated with things like notifications of new lessons and invitations to log in and watch live trading sessions.


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Getting Started

These lessons give you a solid foundation to get started. You may feel that this is "too hard" or "not for you" at first. That is completely normal. Just keep following the lessons. If there's something you don't understand, just re-watch the lesson or go on to the next.

Within a few months of practicing, you will begin to really understand everything in the lessons and it will actually seem quite easy. I went through the same process of feeling overwhelmed at first, then within a matter of months, it became easy and actually fun.

The key is to not give up. How will your life ever get better if you give up before things get easy? Just as with learning any new thing, this will get easier and easier with practice. Eventually, you'll wonder why you ever thought it was hard.


Lesson Links

Below, you will find links to the course lesson videos.

IMPORTANT: If you are having difficulty viewing any of the videos using Internet Explorer as your web browser, please install Firefox on your computer and try using that instead. It seems that in some cases Internet Explorer won't fully load the videos.

Introduction - (view now)


Lesson 1 - A Preview - (view now)



Lesson 2 - Understanding Currency Pairs - (view now: part 1, part 2, part 3)

I apologize for sounding a bit slow in this one...I think I was a little sleep deprived at the time I recorded it. This lesson will help you gain a basic understanding of the forex market. (If the sound of my voice doesn't put you to sleep). Parts 1, 2 and 3 are 6, 6 and 13 minutes respectively.



Lesson 3 - More Basic Concepts - (view now)



Lesson 4 - What Moves Currency Prices? - (view now)

What moves currency prices? Greed and fear. Economic news. Also, get a brief introduction to the concept of technical trading. More on all of this in future lessons.



Lesson 5 - Open Your Free Demo Trading Account - (view now)



Lesson 6 - The FOMC Announcement - (view now)

Learn how a change in the "U.S. federal funds rate" (interest rate) can affect the EUR/USD pair.



Lesson 7 - More Basics - (view now)

Learn the meaning of long, short, bid price, ask price and spread. Also, how do interest and rollover work?



Lesson 8 - Margin/Leverage/Margin Call - (view now: part 1, part 2)

This lesson helps to explain and demystify the terms margin, leverage and margin call. It comes in two parts...7 minutes for the first and 10 minutes for the second.



Lesson 9 - Placing Trades and Orders - (view now)

Note: This lesson is 42 minutes long! A little longer than normal, make sure you have enough time to work on this lesson before you get started. Also, if you are trying to follow along in your own account, you may not be able to place orders while the market is closed (Friday afternoon through Saturday afternoon New York time).



Lesson 10 - A Basic Trading Strategy - (view now)

This lesson is about 32 minutes long. I recap what is technical vs. fundamental market analysis. Then I provide a basic trading strategy for you try.



Lesson 11 - Shocking News - (view now)

Terrorist attacks, hurricances, tsunamis. Learn how to plan for catastrophic news and what to do when it happens. (14 minutes).



Lesson 12 - Support, Resistance & Channels - (view now)

More things you'll want to know to understand basic technical analysis. (20 minutes).



Lesson 13 - Fibonacci Levels - (view now: part 1, part 2, part 3)

This lesson covers Fibonacci levels...a very important topic. The three parts are 12, 9 and 15 minutes long when viewed in order.



Lesson 14 - Bollinger Bands - (view now)

This lesson gives a brief recap of fibonacci levels and then proceeds to introduce a new technical indicator: Bollinger Bands. (20 minutes).



Lesson 15 - MACD Indicator - (view now)

This lesson introduces a new technical indicator: MACD. (14 minutes).



Lesson 16 - Parabolic SAR - (view now)

This lesson introduces a new technical indicator: Parabolic SAR. (6 minutes).



Lesson 17 - Advanced Strategy #1 - (view now: part 1, part 2, part 3)

This lesson is about 40 minutes long in total. There are three parts that are about 13 minutes each. This lesson covers one of my most successful strategies. At first you may not see its potential, but it really works. This technique allows you to simplify your trading, calculate risks easily and nearly eliminate emotion from the trading process. Don't worry if not everything is explained perfectly...this lesson simply introduces the idea. I will cover this strategy in more detail in upcoming lessons and set up live trading sessions so you can follow along.



Lesson 18 - World Events - (view now)

This lesson gives a close up view of how terrorist events affect currency prices. (12 minutes).



Lesson 19 - More on Advanced Strategy #1 - (view now: part 1, part 2)

This lesson will give more details on the box option strategy outlined in Lesson 17. You'll learn how to know exactly when the market is most likely to make a big movement. Once you know that, then all you need to do is place your box options and wait for the market to make its move.



Lesson 20 - Stochastic & RSI - (view now)

This lesson introduces two new technical indicators: Stochastic and RSI. (13 minutes).



Lesson 21 - Advanced Strategy #2 - (view now: part 1, part 2, part 3, part 4, part 5)

This lesson is in total about 60 minutes long. The five parts average about 12 minutes long each. This lesson covers another of my most successful strategies. You'll learn the secret method I use to take advantage of one of the most dependable characteristics of the forex market...the trend.