Syracuse, NY (PRWEB) June 17, 2009
http://TruthAboutForex.com/fie - Forex Income Engine 2.0 is a new home study course for Forex day traders which teaches how to trade in any time frame throughout the day across the 6 major currency pairs. The course is released from the 16th of June, 2009
According to John J. Drummond, a Forex author who has reviewed this course prior to it's release, " With Forex Income Engine 2.0, Forex traders can use a detailed mechanical trading system which provides specific setup conditions, entry, and exit guidelines to make sure traders place only high probability trades for maximum profit and minimal risk.
"This trading system runs trades which last anywhere between 1 - 6 bars in any time frame. Because the course teaches specific exit guidelines as well as entry conditions, traders don't need to watch the trades progress. Unlike most day traders, students of Forex income Engine 2.0 will not have to remain in front of the charts for hours. "
What is included in the course?
A complete trading method:
With Forex Income Engine 2.0 traders have a complete trading method: the method has specific setup conditions and entry, exit, take profit, and stop loss guidelines which help traders plan out their entire trade in advance.
There's no need for guesswork. Everything is explained in detailed video tutorials and the trading methods are highly accurate and simple to use.
Three trading methods:
Forex Income Engine 2.0 teaches 3 trading methods. All these methods use only 4 indicators which make them simple to use. However, most traders have not seen anyone trading these indicators as Bill Poulos, the creator of this home study course, teaches.
All the trading methods place a strict emphasis on risk management. Traders will not go seeking profit without first protecting themselves from loss. This is the cornerstone of any good trading method.
Good for all levels of traders:
According to John J. Drummond, "This is a comprehensive high level course, but new Forex traders will also find it beneficial. As one of the video tutorial modules in this course, Bill Poulos has a background and overview module which is specifically made out to new and inexperienced traders. This will bring even inexperienced traders up to speed in no time."
http://ForexIncomeEngineReviews.com - Forex Income Engine 2 Review - The 3 trading methods:
Forex Trading Method #1 - Ignition Method
The Ignition method hits quick moves in a trending market. This method works when the market is in a trend and is just recovering from a small correction. Profit targets are between 10-50 pips in a very short time.
Bill Poulos shows examples of how this method works and lays it all out in clear terms.
Forex Trading Method #2 - Overdrive Method
The second Forex trading method covered in the Forex Income Engine 2.0 course is the Overdrive Method. This method works when the market is trending slowly and is about to burst through in the direction the trend is going. This can yield up to 100 pips in a short time.
These kind of trades are often hard to spot in advance, but Bill Poulos provides specific setup conditions and the necessary entry rules to make a maximum profit with strict risk controls.
Forex Trading Method #3 - Spring Method
The third method in the Forex Income Engine 2.0 home study course is called the Spring Method. In over 20 detailed videos, Bill Poulos goes through exactly how to plan and execute this method.
The Spring Method targets reversal countertrend swings in the market. Profit Targets are up to 100 pips in 1-5 bars (in any time frame).
1 Year of Student Support
In addition to the course material itself, traders also get 1 year of unlimited support from Bill Poulos and his staff. According to Bill Poulos, this is just to make sure all students follow through with the material and really become and independent traders.
Unlike other Forex courses, students are not left to handle things themselves but supported every step of the way.
http://ForexIncomeEngineReviews.com - Additional material:
Bill Poulos also has a special members' website for students of Forex Income Engine 2.0. In that website traders can get more training material for future success in the markets
This home study day trading course comes with a money back guarantee.
According to John J. Drummond, Forex author and reviewer, "Forex Income Engine 2.0 is the best Forex day trading course today with 3 unique trading methods which cover various market conditions. Trading with these methods is simple and can be done by experienced traders and new traders alike.
Traders will learn how to manage risk and become independent day traders, capable of making more money in a shorter time with less risk.
For more information on this course visit: http://forexseer.com/forex-income-engine-review/
It is also possible to get additional Forex updates, news, and tips by visiting John J. Drummond's blog at http://ForexSeer.com