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Online Forex Trading Course

Online Forex Trading Course

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#633: You Can Be Profitable With A 37% Win Rate

May 10, 20267 min

#632: The Trading Mistake That Keeps You Broke

Apr 26, 20265 min

#631: He Took One Course… Now Runs Multiple Prop Accounts

Apr 19, 20265 min

#630: The Truth About Full-Time Trading (It’s Not What You Think)

Apr 12, 20267 min

#629: Fuel Prices Are Rising… But Oil Is Dropping?

Fuel Prices Are Rising… But Oil Is Dropping? Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass 629: Fuel Prices Are Rising… But Oil Is Dropping? In this video: 00:33 – War, cost of living and fuel increases. 00:57 – US Oil prices fluctuating. 01:38 – In 2022 the oil price was higher than today. 02:40 – As traders we can Buy and Sell. 03:55 – What makes our style of trading different. 04:35 – Our redesigned website. 04:45 – Blueberry Markets as a Forex Broker. 05:16 – Check out our Masterclass. Fuel prices are going through the roof across the world, and the cost of living is going mad. Now, how can you trade oil and what’s happening to it? What’s happening with this war? And how can we as traders make money, whether the oil prices are going up or down? Let’s talk about that more right now. Hey there traders! Andrew here The Forex Trading Coach for video and podcast number 629. War, cost of living and fuel increases. Now obviously the war and the cost of fuel in particular and the cost of living in general is just affecting anybody, really doesn’t seem to matter where you live in the world, fuel prices are going absolutely mad and when you have a look at charts, you have a look at oil, for example. It’s a little bit difficult to understand some of it. Now let me give me some reasons for this. US Oil prices fluctuating. And now a couple of weeks ago, we saw the US oil price spike up towards $120. Right now as I’m recording this, it’s back to 92. Yet all I’m seeing is the fuel price at the pumps going up and up and up. Now, I also buy Jet A-One Fuel as a helicopter pilot, and that has been going stupid as well with about a 90 cent increase last week, another $0.35 this week. It’s just getting ridiculous. Yet on the charts, the price of oil has dropped and it kind of makes you think, without wishing to get political, what’s actually happening. In 2022 the oil price was higher than today. Now, I’ve just had to look back at my charts at the US oil price and some interesting things happened. Now, no one seems to realize that only four years ago, in March of 2022, the oil price was actually higher than the $120 it peaked at a couple of weeks ago, and it stayed there for almost four months. And if you go back further again to 2013, it was around the same level as where it peaked a few weeks ago. If you go back to 2008, it almost hit $150. Yet here we are today in 2026 and the price right now is $92. Yet fuel prices going mad. And of course the knock on effect of food and transport, etc. it’s just crippling businesses and people right around the world. So as mentioned, there is the political side of things, which we’ve probably all got our opinions and I won’t go into mine right now, but something seems wrong. As traders we can Buy and Sell. And then there’s the trading point of view, which is what we can talk about. And it is something that we can control more. And the beauty of the way that we trade is we can look at whether US oil or UK oil, and we can make a decision to buy or sell, depending on what the chart is showing us at the time. And we’ve taken many trades in the last few weeks on oils, both long and short, just because you know the price of the fuel pumps going up and up doesn’t mean to say you have to take long trades on it. If you’re seeing good selling opportunities, and that is the advantage of the way that we can trade on the forex charts. Now, of course, we can trade other markets such as metals. And again, you know, everybody sort of seeing gold and silver go through the roof. Then of course it fell back. And now it’s kind of like pushing back up again. And we have the ability to buy or sell metals. You don’t just have to buy simply because everybody thinks gold or silver is going up exactly the same in cryptos. You know, we’ve seen massive move ups, we’ve seen big falls. And again, we can buy and sell depending on what the charts are showing us. And we can do the same with indices and of course with all of the pairs available to us. What makes our style of trading different. Now that is what I think makes what we do quite unique and quite special and very exciting. It’s just giving us the opportunity to be less, I suppose, concerned with what the mainstream media and we kind of have an opinion on those as well. So don’t believe everything they tell you. They certainly don’t do that. But you know, in general, everybody sort of thinks that metals are going up, cryptos are going up and certainly oils are going up. And you don’t have to just take buy trades, look for opportunities in both directions. And that is an amazing thing with the way that we can trade. Our redesigned website. The other thing I w

Mar 29, 20265 min

#628: Before You Buy a Prop Firm Account, Watch This

Before You Buy a Prop Firm Account, Watch This Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass 628: Before You Buy a Prop Firm Account, Watch This In this video: 00:37 – How to pass a Prop Firm Challenge. 00:56 – #1 – Don’t open a Prop firm account right now. 01:45 – #2 – You need a proven and easy to trade strategy. 03:05 – #3 – Trade your own real money account. 04:27 – #4 – Use a VPS and Trade Copier software. 05:54 – #5 – Choose the prop firm account type that suits you. 06:55 – Blueberry Markets as a Forex Broker. 07:10 – Our new look website is now live at www.TheForexTradingCoach.com Today, I’m going to give you my top five tips so that you can easily pass a prop firm challenge. This is a really important video if you’re wanting to make money through trading the forex market. Let’s get into that more right now. Hey there Traders! This is Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 628. How to pass a Prop Firm Challenge. Outside again here today on an absolutely stunning autumn day here in Nelson in New Zealand. And the topic of today’s video and podcast is all about how to easily pass a prop firm challenge. I’m going to give you my five top tips. Now, the first one’s going to really surprise you, because you’re going to be expecting me to talk about some of which prop firms or trading strategy. But my number one top tip to easily pass a prop firm challenge is not to open a prop firm account. Not for now. Certainly, by the end of this, you’re going to know why and when you should do so. #1 – Don’t open a Prop firm account right now. But my number one tip, honestly for now, is do not waste your time. Do not waste your money. Do not pay the prop firm. And if you do that now, if you start now, you’re going to lose confidence. You’re going to lose money. You’re going to waste your time. If you hold off, you are going to pass a prop firm challenge in the end. But if you start straight away, you’re almost certainly going to end up losing your money and failing. So my number one tip is do not open a prop firm challenge right now. #2 – You need a proven and easy to trade strategy. My number two tip is, of course, you do need a good strategy. And now the strategy needs to be something that’s proven. Proven across different markets, different trading conditions, different time frame charts. It needs to be something that aligns with you. Whether it’s the time that you can trade, the time of day, the amount of time it requires, does it actually fit with you? Do you understand exactly what the strategy and the logic is? So that’s really important. But also the key to passing a prop firm challenge, once you know what you’re doing, is not to hit the drawdown level. So you need to be really sure that the strategy and the way that you trade meets their drawdown criteria. So you need to trade with really low risk per trade and have very low drawdowns, and you need consistency in your profitable trades as well. So it’s not just about here’s a wonderful strategy. It needs to be something, you know, if you hit like a 5% drawdown in a day or so because you’re risking too much while you’re going to fail the prop firm challenge, regardless of how good your strategy is. So you need to really focus on reducing risk per trade and knowing what you’re doing, and when to take the trade and how to keep that risk low. #3 – Trade your own real money account. So third thing would be once you have that strategy in place, you need to get on to a live account of your own money. It needs to be your real money, your live account. It doesn’t need to be big, but it needs to be a live account. And the reason is, is that the psychological change between a demo and the live is huge. Now, it doesn’t need to be a massive account. I said it could be like a few thousand dollars, but it just needs to be real money. You need to bring emotions into your trading. You know, when you have losing trades, you’re going to, you know, it’s going to hurt. When you have winning trades, you’re going to feel fantastic. So you’ve got to understand those emotions. But also you’ve got to try and control those emotions so that those drawdowns and those losing trades and those highs from the winning trades become almost neutralized. And I wouldn’t suggest you go to a demo because a demo doesn’t mean anything and demo doesn’t teach you the psychological side of making or losing real money, your money. So tip number three get on to a live account. You then need to also prove that with your live account, you can become consistent. Now you also need to keep that drawdown very low and treat it t

Mar 22, 20268 min

#627: Why Most Traders Are Completely Confused

Why Most Traders Are Completely Confused Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass 627: Why Most Traders Are Completely Confused In this video: 00:38 – Information overload. 01:29 – AI predications. 01:53 – I know in my head how to trade. 02:47 – News events moving the markets. 03:46 – People switching strategy. 04:54 – Our strategy has never changed in 17 years. 07:39 – Blueberry Markets as a Forex Broker. Do you suffer from information overload? You know, you see signals out there online. You’re not sure what to do. There’s so much information, conflicting information. And you just have complete confusion. You don’t know what to do, when to do it, and therefore you probably either gamble or give up. If that’s you, listen up. The next five minutes is going to be absolutely invaluable information that’s going to help change your trading around. Let’s get into that more right now. Hey there traders. It’s Andrew here at The Forex Trading Coach with video and podcast number 627. Information overload. So today I want to talk about information overload. It’s a big problem that people have. You know there’s so much information out there online. There’s thousands and thousands of indicators. And people seem to think they’re going to come up with the Holy grail of indicators. You know, there’s massive amount of conflicting information with social media signals. And, you know, there’s, other social media, signals saying buy on this pair and at the same time, you’re indicators turning down and therefore you think you should be selling, you’ll see something on YouTube that says buy. You see something on TikTok that says sell and you’ll get something on signal or, you know, telegram that says completely opposite and people just have no idea what to do. And you can see why, because they rely on other people to make that analysis for them, and therefore they really don’t know what they’re looking for. AI predications. And, you know, the, the other common one that I’m seeing now, of course, is AI predictions. And that, again, you know, while in theory and great AI is going to solve all our problems. Look, AI is going to make us damn lazy. We’re not going to have a clue what to do. And if you want to rely on AI, then you know, good luck to you. That’s all I can say for me. And I had this discussion with someone just last week. I know in my head how to trade. To me, as a trader, there is nothing better than knowing in my head and in my heart I can see trades, I can take trades. And I’ve got that information and that powerful information, to be able to do this. You know, for the rest of my life, I want to or however long I want to, and pass that information on to people. And, you know, for people that want to put a bit of time and effort in to figure out this for themselves, then, you know, I think just being able to do this for yourself is massive, and A.I. it’s just not going to cut it. I can’t see it. It’s just not going to have those nuances of those human factors that, you know, we have and can see. Now, sure, I’m not knocking it. And sure there of course there will be a place for it. And, you know, it can help do some analysis in the future and potentially take trades when you’re asleep or those type of things. But overall, I think you still need some common sense and knowledge of trading in order to even use A.I., News events moving the markets. News as well. Of course, that’s causing massive issues with people right now. You know, we’ve got the Iran war going on with the oil price going up one day, crashing the next day up again. And and people think it’s, you know, it’s causing problems. And I get a lot of people say to me, hey, Andrew, what’s happening right now with your trading due to this? You know, this war? And I said, well, nothing’s changed. You know, markets are moving up and down because mostly in the currencies we’re trading pairs. You know, if, let’s say the US is particularly strong, then you might, you know, be buying the GBP/USD, selling the GBP/USD if the US is weak, you might be selling it. You know, it just depends on what’s happening. On that particular day. We, over the last week or two have just had some incredible trades, mostly sort of 12 hour time frames down to two hours. The longer time frames have just been a little bit harder to trade, but that’s just the way the market is right now. But again, it’s understanding what to do and knowing what to do and see a trade take a trade is the crucial aspect there. People switching strategy. So look analysis paralysis causes a problem. It just leads to people to switching st

Mar 15, 20268 min

#626: The Psychology Hack Every Trader Needs

The Psychology Hack Every Trader Needs Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass YouTube: Dr. David Bonanno Enroll to Max Discipline Click Here to Learn More About Max Discipline Click Here to Checkout the Book: The Consistently Calm Trader: Master the War Between Discipline 626: The Psychology Hack Every Trader Needs In this video: 00:17 – Talking about mindset in trading. 00:54 – Dr David Bonanno helps traders. 08:02 – Traders issues with over trading and thinking money! 13:24 – Don’t reinvent the wheel. 16:30 – You don’t need a 90% win rate. 21:40 – You have to love the concept of trading. 25:55 – Traditional forum sites don’t work. 27:50 – Be real with your trading. 30:25 – Contacting Dr Dave. Andrew Mitchem Hi everybody. It’s Andrew here at The Forex Trading Coach. Welcome along to another video and podcast. I’m really pleased today to be joined by Dr. Dave Bonanno over in the US. Dave, welcome along. Nice to have you here. Dr. Dave Bonanno Thanks. Yeah. Great to be here. Talking about mindset in trading. Andrew Mitchem Really looking forward to this because quite often in trading we talk about strategy and rules, talking about indicators and charts and things like that. But today we want to bring it back to something that applies to everybody. No matter what type of trading you are, whether your fundamental trade, a technical trade or a mix. And it’s really important that you start to understand, your mindset within trading. And that’s why, Dr. Dave here today is here. And how he’s going to help you and all of us listening and watching with the mental aspect of trading. So, Dr. Dave, maybe you can start about introducing yourself, what you do and how you help traders at that. Dr David Bonanno helps traders. Dr. Dave Bonanno Okay, great. Yeah. So I started off, as a therapist who is really trying to help people with problems, especially PTSD. And most people don’t really know what PTSD is like. If you look it up, there’s no definition. It’s just a list of symptoms. So the way that I define it now is that it’s when you have adrenaline and it just is overactive. And the thing to know is that when you have adrenaline, it makes your logical brain go offline. So I maintain that adrenaline is every trader’s enemy, and it doesn’t mean that you’re in full fight or flight, or that you’re afraid or that you’re angry. It can affect us in a lot of ways that we’re not even really aware of. And so if you like, read other mindset books or listen to other people who talk about the psychology of trading, they talk about changing your thoughts. But what I’m really all about is how to, engage with your subconscious in a way so that it doesn’t contaminate what you’re doing on a moment by moment basis. Andrew Mitchem Interesting. So you’re taking a slightly different approach to it. So on a like just to get it on the beginning, but to give her some right at the beginning on, on a, on a like a practical basis, someone’s out, they’re trying to identify a trade setup or they’re in a trade maybe. What do you do that could help them with those scenarios? Right. So I had this trader named Tony, and he was really successful in his career, and he wanted to gear up for retirement. And he he was a very logical guy and he could understand intellectually probabilities and all that. But when money was on the line, especially when he was trying to scale or even when he was trying to, take payouts from the prop firms, he would find himself just not quite making the right decisions. So of course, he looked at his strategy and and his, you know, technical skills. But I think what he didn’t realize at the time was sometimes adrenaline would get in the way. And and so that could be like if he was putting pressure on himself to provide a financial security for him and his family, or if he couldn’t really accept losses all that well, and I’m not even talking about like, yeah, I’m not talking about like throwing a tantrum or anything, but like, his wife would notice that he wasn’t in a very good mood after he had a red day. And so, yeah, we we needed to look at what was going on for him subconsciously. And, you know, we all could try to think like, well, you know, I’m pretty much in control of my emotions or I didn’t really notice, you know, what was happening for me in the moment. But we’re talking about subconscious stuff. And by definition that’s what we’re not aware of. Andrew Mitchem Yeah. Dr. Dave Bonanno So yeah. Yeah. So, yeah, one of the things I do first is I help people to identify, what exactly is going on for them. And it doesn’t mean, you know, that we have to go back to the past and

Mar 8, 202634 min

#625: Stop Watching Charts All Day (This Is Why You’re Losing)

Stop Watching Charts All Day (This Is Why You’re Losing) Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #625: Stop Watching Charts All Day (This Is Why You’re Losing) In this video: 00:35 – These things will destroy you as a trader. 01:51 – Mistakes that most traders make during the journey. 02:55 – The perfect chart to trade. 03:46 – Look at 5pm EST for multiple chart opportunities. 05:15 – Don’t burn out. 05:58 – View my Masterclass. 06:30 – Blueberry Markets as a Forex Broker. 07:21 – Contact me for help. If you’re watching the charts all day. Taking multiple trade today and you’re not consistent, then this video is for you. You see, it’s not always the strategy. It’s not your indicators. It’s not your broker’s fault. It’s a screen addiction. So if that’s you, listen up. I’ve got some really good information to share with you. Hey there traders! This is Andrew Mitchem here at the Forex Trading Coach with video and podcast number 625. These things will destroy you as a trader. And in today’s video I’m going to talk about why trading the shorter time frame charts and screen addiction and over trading will destroy you as a trader. It’s going to destroy you in many ways. It’s going to destroy your confidence. It’s going to destroy your time with your family or whatever else you do with your day. And it’s a common problem. You see, the issue is that most people think that they need to be trading all the time, and therefore they get onto the shorter timeframe charts, generally one hour or below. Most people that they’re trading say, 15 minute charts, five minute charts or even one minute charts and it’s completely crazy. And it comes about from that, lack of understanding, that lack of mindset of, of well, the people think that they have to trade more to make more money. And it’s just is not true. All you’re going to do is completely put yourself off trading, tie yourself out emotionally, physically, and you’re just going to end up paying lots of money to your broker because you’re paying lots of entry fees to take trades. You’ll end up doing silly things like revenge trading and, you know, scaling up stupid position lot sizes, etc. and, and just making complete silly mistakes and losses. Mistakes that most traders make during the journey. The good thing is, though, is that we’ve all been there, we’ve all done it. We’ve all made those mistakes. And I’ve been trading for over 20 years, and I can tell you I’ve made every mistake there is out there. The good thing is the solution is fairly straightforward. And it’s generally to get on to the longer timeframe charts. And I would say that something like generally a 4 hour chart or higher, the daily charts, if you’ve been following me for any length of time, have always been my preferred timeframe chart, because it means you just need to look once a day. It doesn’t matter where you live in the world, you can look at your charts. One today. Very easy to do. It still gives you plenty of trading opportunities. You know, the downside with, say, like the weekly charts or the monthly charts, although they can be very, very good, is that, you know, you only potentially might have an opportunity to trade, say, once a week, obviously once a month. And sometimes there may be nothing on those timeframe charts. And so it becomes a long and wait in between trades. The perfect chart to trade. To me, the daily timeframe just offers the perfect mix of everything. It means I can look through so many different charts. I can be very specific. If they say as an example, strength in the British pound, I can then go through and find the best set ups, that are buying the pound against maybe some of the weaker currencies. And, you know, you can look through the charts once a day and make those very, you know, refined, trading opportunities sort of out there you’re not rushing to do things, especially the way that we trade as well when we’re using limit orders as well. And so I just find that that is such a great opportunity to look through forex pairs, non forex pairs as well. Because you know, we look through metals and commodities and cryptos indices etc. like that as well as just the daily charts. Look at 5pm EST for multiple chart opportunities. And the beauty is, is that if you are looking at your charts on the daily timeframe, you can, go through that exact same timeframe and scale down as well and give yourself opportunities on charts such as like 12 hour charts, 8 hour, 6 hour, etc. and they all change over at the exact same time, which is New York, 5:00 pm. Now you will notice that the spreads at that time of the day can be quite large, and so d

Mar 1, 20267 min

#624: The Smarter Way To Pick Winning Stocks

The Smarter Way To Pick Winning Stocks Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Checkout the Tykr Platform here. #624: The Smarter Way To Pick Winning Stocks In this video: 00:14 – Sean Tepper – found of TYKR 04:55 – How does this software help? 08:50 – TFTC also helps create successful traders 12:25 – Is social media helpful? 16:20 – Multiple brokers or one? 22:18 – TFTC creating a trading bot program 28:16 – 60,000 stocks analyzed 32:45 – Contact Sean Andrew Mitchem Hello, everybody. It’s Andrew Mitchem here at The Forex Trading Coach. And today I’m really pleased to be joined by Sean Tepper, who’s the founder and the CEO of Tykr. Welcome along. Sean. Sean Tepper Andrew. Good to be here. Andrew Mitchem Awesome to have you. Sean, could you introduce yourselves to everybody and let us know who you are and what you do and what we’re going to talk about? Sean Tepper – found of TYKR Sean Tepper Sure. Yeah. My name is Sean Tepper. I’m the founder of TYKR, as Andrew said. And long story short, TYKRs a platform that helps people buy and sell stocks with confidence prior to that. My background is about 20 years in tech, 15 years investing, and I kind of created TYKR as a solution to a frustration in the markets. Sean Tepper And we could dive into what that frustration is, if you’d like. Yeah. But yeah, I had to create a solution because it was very hard to make decisions when I first got started. And that’s where really TYKR came from. And, but yeah, fast forward to today. We’ve got a little over, 13,000 customers in about 50 countries, including where you’re based. Sean Tepper New Zealand. Andrew Mitchem Oh that’s good. Yeah. So you had 50 countries. That’s a that’s an awesome effort. And, and Sean, I was reading about, you know, you started, on your website says, in, you know, 2011 to 2015, you were trying to figure out what wasn’t there to help you. What did you find back then? Was the biggest frustration that led to TYKR happening? Sean Tepper Yeah. So when I first got started, you know, I think I joined E-Trade. And, you know, there’s so many brokers these days, it’s hard to keep track of. But as soon as I joined, I had no idea what to do next. So I started going on YouTube researching where do you go to invest? Like looking up different investing platforms? Sean Tepper I found a few of our competitors, like Seeking Alpha and Motley Fool, and they do a fine job, but it’s still very difficult to truly know the difference between a strong stock and a weak stock is is very frustrating. And for context, my background is in tech, but to go, layer deeper, it’s actually in process engineering. Sean Tepper Like I’ve worked a lot for GE and Koehler. And the rule is in process engineering, if you have 100 data points, you cannot present that to a customer or an executive. You have to roll it up to ideally a binary decision like yes or no or a traffic light. And I was complaining at that time, like, am I the only one complaining about the fact that there’s no process engineering lens layered over investing like, this is insane. Sean Tepper Like nobody’s making it easy. And that was kind of the green light I was thinking of, like, hey, if I could figure something out here, I think the big solution is a create a process engineering solution in the world of finance and apparently I’m the only one really doing that today, other than the few platforms that say buy or sell. Sean Tepper But I don’t really recommend that. But yeah, that was that was the beginning. And it took about a year to build this Excel sheets. And I give you context here, I found a lot of inspiration from Phil Towne. He wrote a few books on value investing. Do you know Phil Towne? Andrew Mitchem No, I don’t know. No. Okay. Sean Tepper Your your audience may be interested. He wrote a book. One of them is rule one. The other one is payback time. I really provided some. Yeah, yeah. You know, rule one investing, Warren Buffett. We can talk about that. But, yeah, I, I found some of the calculus in his books, put it into Excel, and I ended up coming up with about 50 data points to analyze the stock. Sean Tepper And then on top of that, I created a traffic like rating system where stocks are either on sale, watch or overpriced. That’s green, gray or red. And I used it the next 4 or 5 years on my own, making returns between 15 and 50%, and my returns still fall in that range today. Our customers actually fall in that range as well. Sean Tepper But yeah, I, I wanted to make sure I’m using my own money testing it to make sure it works, not just like four weeks or four months. I went like that over four years. And then it was 2019 was the inflection point when I&#82

Feb 22, 202633 min

#623: Trade the Markets From Anywhere in the World

Trade the Markets From Anywhere in the World Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #623: Trade the Markets From Anywhere in the World In this video: 00:27 – On holiday in Christchurch. 00:41 – My trading day remains the same even when travelling. 01:45 – My trades today. 02:30 – Using limit orders to place trades when it suits you. 04:23 – Massive moves in the market. 05:05 – Get on my Masterclass 05:25 – Blueberry Markets as a Forex Broker. Would you like to trade and travel at the same time? There’s not many other opportunities that allow you to make money, carry on with your normal work, and travel. So let’s talk about that really important topic and more right now. Hey there Traders! This is Andrew here The Forex Trading Coach with video and podcast number 623. On holiday in Christchurch. I’m in Christchurch in the South Island here of New Zealand. Been here for a few days with my wife. We went to see a show last night. Caught up with one of our daughters who lives here, and we’re having a great time. Middle of summer. Absolutely beautiful here with the River Avon behind me. My trading day remains the same even when travelling. Now, with being here, trading has carried on exactly the same for me. I’ve just taken the daily chart trades today. It’s just turned 11:00 here, and my trading is exactly the same as if I were at home. And that is one of the beauties of being able to trade properly and to trade the way that we trade. I see so many different people on YouTube and different social media sites where they’re looking for this pattern to happen and they’re looking for this indicator to cross that one and they’re looking at, say, like 5 minute charts and 15 minute charts. And to me, it’s just not realistic. As someone that’s been trading for over 20 years and this year The Forex Trading Coach turned 17 years old, one of the things that I find that our clients love about what we do, and also for myself personally, about what we do, is it’s still thoroughly enjoyable and profitable, but we’re not spending all day looking at charts. My trades today. So right now, I’ve just looked at one daily chart and one 12 hour chart trades at the 5:00 pm New York change of day, which just happens to be 11:00 in the morning here at this time of year. And then that’s it. My trades are done. I will have a look at maybe 5 a.m. New York time, which is tonight. But for people that can’t make the 5 p.m. New York time, it doesn’t matter. Because the beauty of the way that we trade is we are using limit orders. And so you don’t need to be here at this particular time. And when you’re traveling, that is so important because obviously different time zones and you’ve got different events on and things like that. Using limit orders to place trades when it suits you. The way that we trade means that you can put your limit orders on when you get a chance and just leave the trade to do its thing. We have our maximum loss already controlled, so we know the worst that can happen. For me personally, it’s only half a 1% risk per trade, but it also means that if we have a profitable trade on the daily chart today, I’m going to make close to a 3 to 1 return. So in other words, half a percent risk, I will make a 1.5% gain on my account. Now, the beauty of that is you can do that. You can put that across to prop firms, whatever it is that you choose to do, whether it’s your personal account, live account, or prop firm account, and it’s just that one trade taken once a day. And that’s the beauty. For me to trade today, because of course I’d be taking the 12 hour chart trade as well, but I don’t have to place the trades right now. I’ve got hours and hours to place the trades. And so if you’re in Europe, you see how well the changeover of the new day is night time. Well, you can take those trades in the morning. It doesn’t matter. You can say, well, I’ve got work to do. I’ve got things with the family. Take the trades when you get a chance. And because, as mentioned, we use limit orders. And if we’re taking a sell trade where our sell limit is there, the market first needs to move up and that fills the sell limit order. And then we’re looking for the market to move down. Opposite with the buy trade is that we’re looking for the market to first move down. And then the daily chart or the 12 hour chart, you’ve got hours and hours before the market will do that on most occasions. So if you’d like to find out how we do this, how we travel and trade, last year in the US, and this year we’re looking at heading away as well in our winter. And so trading, as mentioned, carri

Feb 15, 20265 min

#622: Massive Market Moves Most Traders Miss Completely

Massive Market Moves Most Traders Miss Completely Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #622: Massive Market Moves Most Traders Miss Completely In this video: 00:28 – Massive market moves recently on Metals and Cryptos. 01:08 – Did you miss out on making money from these moves? 02:15 – Why I don’t look at the news. 03:00 – Why trading is not risky. 04:18 – My Masterclass webinar. 04:46 – Blueberry Markets as a Forex Broker. 05:25 – Contact me. We have seen some massive market moves over the last few days and few weeks. Hopefully you’ve gained from those and if you haven’t, you need to watch this video. Let’s get into that a more right now. Hey there traders. It’s Andrew Mitchem here at The Forex Trading Coach with weekly video and podcast number 622. Massive market moves recently on Metals and Cryptos. Well the moves have been enormous haven’t they. If you’ve been looking at like Bitcoin. Bitcoin was $126,000 just 17 days ago. Then it dropped to $72,000, a huge drop. Did you get some of that? Silver, $121. Just three days ago, then dropped to $71 just in three days. Huge. Did you get some of that? Gold. $5,500 just three days ago. Right now, $4,400 in three days. Again. Incredible moves. Hopefully you got some of that movement. Did you miss out on making money from these moves? And if you didn’t, you need to be asking some questions. Because if you go and have a look at, say, the gold and silver, have a look at the daily chart and you’ll see at the top of a very, very large uptrend on both markets there was suddenly a huge indecision candle. It was the early warning signal for us as technical traders that things were coming to an end. The bullish run was coming to an end and look what we saw. Now, sure, not many people could have seen such a massive drop in just such a short amount of time. That’s not really the point. The point is that if you had seen that indecision candle and you still had some buy positions in, probably a good time to start looking at, getting out of them or closing part of your positions. Likewise, if you’re looking for selling opportunities, well, that indecision candle gave you the first decision or early warning that things were about to tip over. But now here we are just a few days later. Now we’re looking at buying opportunities again right now, today on multiple gold pairs as well, and a few of the silver pairs as well. And that just comes about from understanding and reading candles. Why I don’t look at the news. So if you are out there trying to decipher why these things happen, looking at news, trading and trying to work out all why’s gold and silver suddenly going up and up and up and then suddenly crash? Why is Bitcoin done the same? For me personally, as someone that’s been trading the markets for over 20 years as a full time trader, I don’t look at the news. Yes, I have a look to see what’s happening. I’m aware of what’s coming up, that type of thing, purely for knowledge. But does it influence my trading? Not one bit. The reason is, is I can tell everything I need to know to make good, smart, reliable decisions from looking at the charts now that, is applied across all markets and all timeframe charts, and that is where I think we have such an edge in our trading now. Why trading is not risky. A lot of people will look at those massive drops and go, oh my goodness, you know, that’s so risky. You know, I could have bought silver $121 and then it dropped to 72. It’s so risky. I can’t do that. And the point is, is that once you understand risk and you have low and controlled risk on every trade, you’re not making those massive losses. You know, you just if you know what you’re doing and risk is such an important part of trading or controlling it, both helps your emotions and your bank account. You need to keep your risk low and controlled and equal on every trade. And so all that is happening with those massive drops is it was giving us against the massive uptrends great opportunities to take sell positions on those golds and silvers and bitcoins, etc. over the last little while. Now we’re seeing pullbacks and now we’re seeing bounces at previous lows, and now we’re seeing the candle patterns that are starting to turn bullish in the right part of the chart to give us like opportunities to start buying those markets again and picking up those uptrends that are likely now to follow with the bigger picture uptrend after a pullback. And so that’s what I call a continuation trade. And that’s why right now today we’re about to take some certainly some gold trades and a couple silver trades. Buying them back up again. My Masterclass webinar. So if y

Feb 8, 20266 min

#621: Master Trading Discipline and Consistency

Master Trading Discipline and Consistency Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #621: Master Trading Discipline and Consistency In this video: 00:25 – The mental side of trading well. 00:49 – Tom’s background. 02:40 – You don’t need to be perfect. 06:34 – Ideas for new traders. 09:25 – AI and the future as a trader. 14:25 – Closing the trade early for profit. 16:52 – False results from gurus online. 19:50 – Trading and stress. 23:14 – Andrew looking at D1 charts in a few minutes. 26:25 – People need support and community. Andrew Mitchem Hi everybody. It’s Andrew Mitchem here at the Forex Trading Coach. Welcome to another video on podcast. I’m really excited today to be joined by Tom Winterstein, who is a certified mental performance coach and trader over in the US. Welcome a long time. Nice to see you Tom Winterstein Great. Thank you. Great to be here. The mental side of trading well. Andrew Mitchem Tom, look, I think we’ve got a lot of great information that we’re going to help people with on this, video on podcast. Because we were just chatting about the mental aspect of trading and how it’s something we’re both huge on, but it’s something that most people just completely overlook in their trading, especially if they’re new. Andrew Mitchem So maybe you can give us a bit of background on yourself and that aspect of your trading and how it’s crucial to someone’s success. Tom’s background. Tom Winterstein Sure, sure. Thank you. Thank you for that. Well, I’ve spent over 30 years in the markets as a trader, an investor and an educator, and I’ve been focus on, you know, global markets like futures and, equities and commodities, forex and, and even crypto using a price action based approach. But that wasn’t always the case. That wasn’t how I started. Tom Winterstein Like most traders, I went through various different systems, indicators, you know, gurus, signals and stuff and totally ignored, any of the, the trading psychology or mental performance side because I thought I didn’t need it. You know, I could succeed without that. You know, most traders, you know, like yourself and like me have been very successful. We’ve had successful periods in our life and we approach this as something that it’s another thing we can be successful in. Tom Winterstein Although it’s not quite that easy, it doesn’t translate that as well. If you leave out certain parts of it. So what I realized is that most traders don’t struggle because they they lack a strategy. You know, most traders have a strategy. They’re not just, you know, throwing a dart and buying or selling willy nilly. They struggle because their execution breaks down when there’s real money on the line and in their emotions take over the, the class and that that right there, you know, that experience was the shift that led me to focus on building a repeatable performance environment. Tom Winterstein Okay. Right. Hence the mental side of it had to be combined with price action or whatever your strategy or edge was today. My work centers not only in price action, but risk management and mental performance systems that help traders perform consistently, not perfectly, but consistently. And that’s that’s really, you know, the best we can strive for as traders or investors is to be consistent and have a system that that, you know, takes us through the decision making process. You don’t need to be perfect. Tom Winterstein So in the heat of the moment, those decisions are outsourced to our process. Andrew Mitchem Yeah. Interesting. I like I really like the phrase that you use to that not making it perfect because I think when people get into trading and, you know, they buy a course or they read an e-book, whatever it might be, they see that boring bit at the top that talks about risk management and psychology and mind control, you know, mining everything, the all the important things that we’re going to talk about. Andrew Mitchem But they get that, oh, I don’t need that. I scroll down through the important bit because I want the strategy. And then when they do things like backtesting, they they want the perfect strategy. And and your phrase about it’s not perfect is so true because as we both know, we can see what we think is an A-grade setup. Andrew Mitchem You take your trade and it still doesn’t work sometimes. So that’s just the way of the markets. But not being perfect is something that people, don’t want. They want to be perfect, but they ignore the important and the risk and the micro. Why? Why is that? Why do people do that? Is it just a boring topic? Tom Winterstein Well, it’s many cases. Like even myself, when I was younger, I

Feb 1, 202630 min

#620: Why Traditional Investments No Longer Work

Why Traditional Investments No Longer Work Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #620: Why Traditional Investments No Longer Work In this video: 00:36 – How can you achieve high returns these days? 01:04 – A massive 0.75% interest rate. 01:50 – Trade results for the week from trading FX. 03:08 – What are your plans for success? 04:00 – Time and financial freedom. 04:26 – The Successful trader coaching program. 04:57 – Blueberry Markets as a Forex Broker. 05:38 – Don’t waste this year – act now! We’re living in a world where high returns are quite difficult to achieve in many traditional markets. And I want to talk about that because unless you’re out there doing something slightly different, you potentially could be going backwards when you add inflation and the cost of living, etc. into the equation. So let’s talk about that a more right now. Hey there traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 620. How can you achieve high returns these days? Now I want to talk about inflation. I want to talk about interest rates and returns. And the reason I want to talk about that today is I’ve got a piece of paper here printed out from Lloyds Bank. It’s a bank that I used to use when I was a kid over in England. I still have an account with them, and they sent through an email, which I printed out here, regarding a reduction in the interest rates that they will now be kindly offering me on a cheque account that I still have there. A massive 0.75% interest rate. Now the interest rate has gone from an enormous 1% down to a staggeringly exciting 0.75%. So they’re effectively cutting the interest rate that I’m getting from nothing to even less, but they’re effectively taking it down. You know, they’re taking 25% off of that from 1% down to 0.75. Now, of course, neither of those two rates are very exciting. And by the way, this is up to 25,000 pounds in this savings account. Absolutely crazy. And it got me thinking, because just behind me here — and you’re not going to be able to see it on the charts — it’s only Wednesday morning here and I’m making this video and podcast. Trade results for the week from trading FX. Now, Monday was a public holiday in the US, and so far the market’s been fairly quiet this week. But even so, with the trades that I’ve closed behind me here with very low risk, I’m up 2.9% for the week so far in just two trading days. And the trade that I have open — just one trade — is up 0.5%. So that’s already this week substantially more than they’re going to pay me in an entire year. And as mentioned at the beginning, with inflation and the cost of living — just go out and try and buy something in the grocery store. Well, luckily here we grow as much food as we can for ourselves. But you go out there anywhere around the world. It doesn’t matter where you live. I know what Europe’s like right now. I’ve spent a month in the States last year, and you just see the cost of living. You look at what’s happening to your rates bills, like your insurance. Everything that you purchase just to live is going up and up and up through the roof. Yet interest rates in the traditional sense of investment — like, I know a bank account, that’s not really what you call a traditional investment — but it’s still something that you hope to earn some interest on. After all, it’s your money that they’re using and they’re giving you next to nothing. What are your plans for success? So it comes back to: what are you going to do to change that? Would you like to have the ability to, just like I’ve done here on my trades so far this week, you know, you put those trades open and closed together, pretty much a 3.5% return so far — in just two very quiet trading days. And so would you like to have that knowledge and ability to do that for yourself on a consistent basis? And if your answer is yes, I would — what’s that worth to you? What’s that worth to you in terms of a bit of time and investment in yourself? To have that knowledge to be able to do that. And I think that’s really the question that you need to ask yourself. Are you going to make 2026 the year when things change for you? Or is this going to stay the same as last year and the year before and the year before, when nothing happens and you’re effectively either treading water or going backwards financially. Time and financial freedom. And also time-wise? You know, because we all want time freedom. But of course we all want financial freedom. And you put the two together, and that’s what knowing how to trade properly with a strategy that does not require you to sit in front of the computer here all day. I&#821

Jan 25, 20266 min

#619: What It Really Takes to Trade for a Living

What It Really Takes to Trade for a Living Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #619: What It Really Takes to Trade for a Living In this video: 00:01 – Summary of the interview. 00:31 – Andrew Mitchem interview with Etienne Crete. 01:13 – What it takes to succeed in the market long term. 04:37– How long will it take to be a good trader? 06:25 – How do you know if your strategy is not working? 10:40 – What time frame charts should I trade? 18:23 – Prop firm advantages and disadvantages. 22:15 – What returns can I make? 27:40 – Mindset of trading. 30:36 – Contact Andrew Summary of the interview. The amount that you make as a dollar value is not important to me. It’s the percentage that you make as opposed to the percentage risk, because you can go on to a prop firm and use their money if you’re good. You know, it doesn’t matter whether I lose $10, $100 or $1,000 if it’s still the same percentage. I’m going to make $30, $300 or $3,000. You know, if it’s a 3 to 1 trade, providing that you get your mindset away from the numbers and you look at it as percentages. Andrew Mitchem interview with Etienne Crete. Something not to do with Andrew Mitchem. And Andrew is a trader that I really admire for his consistency in trading the same methods mostly for multiple decades now, I believe. So it was good to see you back on the podcast. We had a chat a few months ago, I believe, and then you were the very first guest on the podcast. Always kind of welcome back here, which is cool. But tell me what’s going on with you and kind of what you’re up to these days. Yeah. So nice to be here, first of all. And lovely. I think this is our fourth or fifth one. So, really good to be here. Yeah. Life’s good here with summertime over in New Zealand. Markets are good, which is nice. Now we’re, you know, we’re over that Europe to be in the northern hemisphere summer season. Yeah. It’s good. Life’s good, as in very good. Awesome. What it takes to succeed in the market long term I want to address certain topics it’s going to come down to, I believe, is the theme of what it really takes to succeed in the market long term. I know you have students who are very profitable now. Yeah, students who might struggle a little bit. Have maybe a lot of people who will see you, and then they see you trade full time and they kind of wonder why you’re so successful. Can you kind of start to unpack this and kind of figure out, what does it take to make a living in the markets in the long term? Yeah, I think there’s obviously a lot of dedication required to trade and to trade well. A lot of dedication and learning up front. I think one of the things I see that a lot of people today are not doing is I don’t think there’s a lot of people there that are willing to put a lot of time and effort into their trading. And I think as a full-time trader, I’m noticing that’s getting possibly worse. You know, whether it’s a social media thing or people want instant results, I’m not entirely sure what the actual reason is. But one thing I do notice is that people aren’t putting that time and effort in. And if things aren’t going well and they’re not suddenly making a fortune in a month, they give up. But I find from my point of view, from what I can help people with, it’s just being honest with people and saying, you do need to put some time and effort in to do it properly. You can become a full-time trader. Absolutely. It’s not going to be for everybody. You still have to absolutely love it and have that passion to want to do it and to turn up, to expect that not everything’s going to work perfectly. Market conditions are not always going to be great. You’ve got to take losing trades, losing weeks, losing months sometimes, but you’ve got to stick through it and be consistent. And I think that’s one thing I can tell people with my years of experience: that’s how you’re going to get through it. It’s a little bit harder for some people to actually accept that because, you know, when you’re in the middle of a slump, it’s quite hard to see the other side. It’s funny how trading seems to get easier in the sense that you have more information. You have more coaches that can help you how to trade and stuff, but people seem to be putting less effort than before, I feel. Yeah, absolutely. People are not willing to put time in or dedicate some time to try and learn. Look, I’ve got these things behind me here. That’s my new passion, playing guitar. I’m putting daily practice into it. I’m learning to sing. You know, I’ve done the helicopter thing, I’ve done the karate thin

Jan 15, 202633 min

#618: Review Your Trading Year & Prepare for 2026

Review Your Trading Year & Prepare for 2026 Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #618: Review Your Trading Year & Prepare for 2026 In this video: 00:59 – Reviewing 2025 trading conditions. 01:23 – Daily trades at +30% for the year. 02:08 – Consistency is key. 02:35 – What’s worked and what has not worked for you this year? 03:05 – Multiple markets to trade well this year. 03:54 – I traded while on holiday in the US for 1 month. 04:47 – Ask us for help. 05:07 – Attend my 30 minutes Masterclass. 05:50 – Our Christmas break. 06:18 – Our 17th year next year at TFTC. 08:00 – Thanks for your support and happy Christmas and New Year. How’s 2025 been for you as a trader? Hopefully you’ve had a good year. The market conditions have been excellent. And also, I’d like to challenge you to review your year, to see what worked, what has not worked, and what you are going to do to make sure that over the next few weeks, 2026 becomes a great trading year for you. Let’s talk about that and more right now. Hey there, Traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 618. The last one for 2025. I’m outside here with the beautiful New Zealand Pohutukawa trees, which are called the New Zealand Christmas tree if you’re watching on video. They come at this time of year in December. Beautiful red flower. But, yeah, I want to make this video just to talk about the Christmas break, about New Year. Reviewing 2025 trading conditions. But also to review your 2025. How have you found it? I’ve found that the market conditions this year have been really good. After maybe a couple of years of more quiet forex market conditions, this year the conditions are back again. Great movement in the market. And we’ve had a great year, like this awesome year. Great results across multiple time frame charts and multiple markets. Daily trades at +30% for the year. To give you an example, just our daily chart trades alone on half of 1%, and forget, we’re up at a plus 30%, three zero, for the year. And still with two weeks of trading to go. And it just shows the consistency. Every single year since 2010, our daily trades have been profitable. But another 30%, and that’s complete set and forget. So, obviously with a bit of trade management, you could do better than that. Now, that’s one timeframe I’m talking about here. On top of that, we also post trades on the monthly charts, weekly charts, and we talk about other time frame charts such as 12 hour, 8, 6, 4, 3, 2, 1 and everything in between. Consistency is key. And so it just shows the consistency of not only being able to follow along and earn from your trading while following what we’re doing, but of course our job is to help you as well, for clients to learn so you know exactly what to do. You know what to look for, how and where and why to enter and exit a trade, to ensure that your risk is low and your reward to risk is really high. So really important that you know that in your strategy. What’s worked and what has not worked for you this year? Now, I would challenge you, if you’re not a client, to have a look at your strategy and what’s worked and what’s not worked this year. But also, you know, take this time now with the markets going to be quiet over Christmas and New Year and just have a good think about what it is that you need to do differently into 2026 if this year was not a good year for you. As mentioned, conditions have been really good this year. And therefore, if your strategy’s good, you should have had a very good year. Multiple markets to trade well this year. We found that, you know, the forex market has been good. The non-farm markets have been good. Just this week, we took a sell trade on US oil. That was profitable. Just earlier this morning, my time, it hit the profit target. We’ve had multiple crypto trades, other commodities and indices as well. And so even if one market’s a little bit quiet or one timeframe’s a little bit quiet, because the strategy works across all markets and all time frame charts, we’ve found really good results and conditions on the likes of US oil if, let’s say, the forex market was quiet on that same day. And that’s the beauty of being able to scan different time frame charts and different markets. So, is that something that you need help with or is it something that you’re absolutely fine with? Just review your trades and it’s really important. I traded while on holiday in the US for 1 month. From a personal point of view, I had a month in the US with my wife for her 50th birthday in July and August, and the beauty is, you can trade and travel and trading just carried on exactly the same. And, you

Dec 14, 20258 min

#617: Too Busy to Trade? Try This Weekly Strategy

Too Busy to Trade? Try This Weekly Strategy Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #617: Too Busy to Trade? Try This Weekly Strategy In this video: 00:31 – Do you lack the time to trade? 01:50 – How to trade without taking up too much time. 02:08 – GBP/HKD W1 chart with a 4.8:1 Reward:Risk. 03:27 – My first ever client trades only Weekly charts. 04:33 – Look at the charts just once a week. 05:18 – It’s all about knowing what to look for. 05:41 – Book a call with us. 06:04 – 30 minutes Masterclass. 06:25 – Blueberry Markets as a Forex Broker. 07:04 – Like, Share and Subscribe Do you think that you’re too busy to trade? If that’s you, I’ve got a great solution for you. This is something that my very first client from back in 2009 has done since then, whilst running his very successful business. Let’s get into that and more right now. Hey there, Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 617. Do you lack the time to trade? So a common problem that so many people face is they think they are too busy to trade. And it’s fair enough because you see out there online, you know, examples on various platforms, YouTube, etc. of people looking at charts and looking at 5 minute charts and watching every pip move up and down. And you look at that and you think, well, realistically, how on earth can I copy that process? Because I’m just too busy. I’ve got, you know, work, businesses, family, hobbies, whatever it might be going on in your life. And there’s no way that you are going to be able to afford that time to sit there, either to want to do it or to be able to do it, to sit there watching charts, ready to take little trades every now and then. It’s just not realistic. And of course, many people wake up to that fact and they go, well, looks good and maybe in hindsight, but I just realistically cannot dedicate time to doing this. And even if you could, do I really want to sit there just staring at charts, watching 5 minute charts and 15 minute charts, just waiting for that signal to occur? Probably not, because it’s not realistic and it’s not something you’re going to enjoy and continue to be able to do or want to do long term. So everybody’s got busy lives. I get that. How to trade without taking up too much time. So what can you do to still become a good trader, but to not take up all day? And the very simple solution is you can look at the longer time frame charts such as the weekly charts. Now, just this week, right now is the absolute perfect example. GBP/HKD W1 chart with a 4.8:1 Reward:Risk. At the beginning of this week, we suggested a buy trade to our clients on the GBP/HKD. Now you go and have a look at your weekly charts for the beginning of this week. Go on to the pound Hong Kong dollar and you’ll see the candle setup that I’m taking now. Right now as I’m recording this, the trade has not reached a profit target. But it’s very, very close. It’s only like ten pips away right now. If it hits the full profit target, which it’s almost certainly going to do, especially by the time you watch this and listen to this, the trade’s going to make a massive 4.8 to 1 reward to risk. So if you imagine that at the beginning of this week you saw that trade and you placed, let’s say, a 1% risk on that trade, that’s going to make you an incredible 4.8% gain on your account on the one trade in one week by taking literally, what, ten minutes to scan through the charts, if that, just at the beginning of the week. If you took a half percent risk, that’s going to make you a 2.4%, not a bad gain in one week from a trade that took you like five or ten seconds to actually place, and then you’ve forgotten about it. No more chart watching. You just put the trade on, put your stop loss on, put your profit target on and let the trade do its thing. Let the market do its thing. Now that is a solution for you if you’re short on time. My first ever client trades only Weekly charts. Now, my very first client, and he was the instigator in starting The Forex Trading Coach because he used to buy trading signals from me. And he said, look, Andrew, would you fly across to Australia to come and teach me? And I spent about four or five days with this guy and his family back in 2009, and that is how I started the coaching. And he was just thrilled with the system and thrilled with everything I taught him. And to this day, he is still trading. Now this guy owns a number of restaurants, very high end quality restaurants in Noosa in Australia. And he traded back then the weekly charts and to today he continues to trade just the weekly charts because for him he can have a look at his charts once a w

Dec 6, 20257 min

#616: Find the Best Time Frame for Trading

Find the Best Time Frame for Trading Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #616: Find the Best Time Frame for Trading In this video: 00:27 – Traders are confused over which time frame chart to trade. 01:25 – New traders give up. 01:42 – This changed my trading around. 02:43 – More time frame charts now available. 03:00 – What do you prefer and what are the market conditions doing? 03:36 – Look at 5pm and 5am EST. 05:42 – Book a time to chat with us. 06:04 – Blueberry Markets as a Forex Broker. Do you get confused with not knowing which time frame chart to trade, or when to look at your charts for a new trading opportunity? If that’s you, listen up. I’ve got some great solutions for you. Hey there traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 616. Traders are confused over which time frame chart to trade. So today I want to address a common problem that I find that a lot of traders have. And that is they don’t know what time frame chart to trade. And also they don’t know when to look at the charts. And there’s a couple of real easy solutions and answers that I have for you. See, the issue that a lot of people have is when they start trading, everybody wants to take trades and lots of them because it’s exciting and it’s new. And of course, if you go to like a 15-minute chart or a five or even a one-minute chart, you’re going to see the market moving and you think, “Oh, there are great opportunities here.” But of course, at that time you’ve got little idea about spreads. And if you take sell trades and the spread widens a bit in levels, it’s going to take you out for a loss quite easily. But everybody kind of goes through it and they think they need to trade like five-minute charts and scalp. And it looks really cool and exciting. New traders give up. The issue becomes that you soon realize that either the spread’s taking you out and you’re losing trades all the time, or you’re getting glued to the charts and you become trigger happy, and then you become nervous and you don’t know what you’re doing, and you lose confidence and you give up. This changed my trading around. One of the things that changed my trading around some 20 years ago, nearly now, is I went the opposite way after falling for the short time frame trick. I went the opposite way. I went to a daily chart. I took all the indicators and everything off my chart, and I studied the daily charts. I found that the higher time frame charts were more reliable, gave me good information, far less stress, looked at the charts just once a day, news events don’t really affect them, and it’s far more enjoyable and far more rewarding. Your profitable trades are so much better and it just becomes a better thing to do. And when I made my strategy that I still trade today, I did start on daily charts. And then you can go higher time frames to like weekly and monthly. But also I then discovered that I got shorter time frames, you know, I go into like four hours and one-hour charts potentially, but not so much for me. You can trade it. More time frame charts now available. Now, of course, more recently we have the ability to trade charts like 12-hour, 8-hour, 6-hour, 3-hour, and 2-hour. And the logic and strategy that I use works across those time frame charts as well. More time frame charts now available. So there are a few things to answer your question about what is the best time frame, because it does depend. The answer is — it depends. It depends on you as an individual as well. What type of personality have you got? The other thing it depends on is the market conditions at the time right now. And for example, some weeks we take lots of 6-hour chart trades and other weeks we take lots of 12-hour chart trades. In other weeks we take lots of 2-hour chart trades. So it does depend on the currency pair or the market you’re trading and the overall market conditions at that time, because it varies. Look at 5pm and 5am EST. So a way to get around that, because otherwise you’re going to be looking at charts all the time — one of the suggestions I have is that if you have the time availability, you look at your charts once or twice a day. The two times that I think you’re going to find some of the better opportunities would be 5 p.m. New York time. That means at the end of the trading day — so the start of the new trading day. And at that time you can look at the daily charts because obviously a daily chart closes and opens straight away into the next day. So you can analyze the closed daily chart and look at trades then. At that same time, we also go through and analyze and scan 12-hour, 8-hour, and 6-hour charts. And we post trades for our clients on

Nov 30, 20256 min

#615: Trade Smarter: Bollinger Bands Made Easy

Trade Smarter: Bollinger Bands Made Easy Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #615: Trade Smarter: Bollinger Bands Made Easy In this video: 00:23 – Don’t sit at your charts all day. 00:41 – Using Bollinger bands. 01:19 – You cannot trade every suitable candle without qualifying it. 02:30 – Why Bollinger bands can help you to trade. 04:00 – Add Bollinger bands when checking for suitable candles. 05:02 – New Forex Masterclass. 05:25 – Book a call with us to chat about your trading. 05:45 – Blueberry Markets as a Forex Broker. 06:21 – Like, Share and Subscribe Today, I’m going to explain to you why I use Bollinger Bands. They’re a really important part of your trading and can massively help you if you know how to use them right. So let’s talk about that and more right now. Don’t sit at your charts all day. Hey there, Traders! Andrew Mitchem here at The Forex Trading Coach — outside on a glorious day with one of my wife’s horses here. One of the beauties of trading, and the way that we trade, is that you do not need to sit at your charts all the time. You don’t need to be at the computer all the time. Far from it. In fact, the opposite — less is more with good trading. Using Bollinger bands. But the reason I want to talk about Bollinger Bands today is that I had a discussion with somebody yesterday who’s been trading for just a little while — not a client yet, but he was interested in how we trade, how we operate, and in coming on board with us. I actually met him in town, took my laptop, and had a really good chat with him. He knows that we use candle patterns and candlesticks as one of our primary ways of looking for a trade and understanding what’s happening in the market. Now, he’s reading Steve Nison’s book about candle patterns — which I probably looked at maybe 20 years ago. You cannot trade every suitable candle without qualifying it. And I said to him, the issue that I find is that if you look at candles just by themselves, they don’t really tell you a lot. They can help, but there are too many false candles. You cannot take every outside bar, engulfing bar, pin bar, or hanging man — whatever it is you’re looking at — as a trade. You just can’t do that, because you’re not going to be successful. What you need to do, as with any trading, is qualify it and make sure it’s in the right part of the chart. I took my laptop and showed him some trades that I had open live — in fact, two of the trades hit their profit targets. They were six-hour trades on XAG/AUD and XAG/EUR, which we posted for our members yesterday. They actually hit their profit targets live as I was sitting in a café talking with him, which was quite amazing. I said, “Well, you can’t make that type of thing up, can you? It just happened right in front of you.” Back to the story — I was discussing those trades and others, showing him the reasons why we took them. Yes, it was the candle patterns, but also where they occurred on the chart. We were using support and resistance levels, round numbers, stop-loss protection, and all those types of things. Why Bollinger bands can help you to trade. But the other point he wasn’t aware of — and what I want to discuss today — is about the use of Bollinger Bands. Now, I’m not a massive fan of using lots of lagging indicators because, well, they lag. However, I find that Bollinger Bands can really help you put the candle in the right part of the chart. Of course, you need prior trends and indecision and all those types of things. But if you just look at the setup candles that we look for, and if you’re looking for candles that occur near the upper or lower Bollinger Bands, then what you’re seeing are potential reversal trades. In other words, if you had a nice uptrend and your bearish candle bounced off the upper Bollinger Band (or near that area), then that could be a very nice reversal trade — looking for the downtrend to start. Likewise, the opposite of that — if you’re in a downtrend and you see a bullish candle bounce off the bottom Bollinger Band, then the market might start to reverse upward. Likewise, we also use the middle Bollinger Band. That’s a great area for helping to quantify trades that are continuation patterns — and continuation patterns are my personal favorite. It means that the market’s been moving up, then pulls back toward that middle Bollinger Band, you get a bullish candle pattern, and then you’re looking for the market to move upwards again. The opposite applies for bearish continuation patterns. Add Bollinger bands when checking for suitable candles. So, go and add Bollinger Bands to your charts and start looking at the candle patterns that we look for. By the way, that book I mentioned probably has hundreds of patterns — but you don’t need tha

Nov 23, 20256 min

#614: Surround Yourself with Successful Traders

Surround Yourself with Successful Traders Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback #614: Surround Yourself with Successful Traders In this video: 00:34 – Do you belong to a community of traders? 01:04 – Survey results show people need to be part of a community of traders. 01:52 – The TFTC community helps our clients succeed. 02:40 – Most trading forums are a waste of time. 04:00 – We trade just 1 strategy, and all help each other. 06:00 – There is more to the course than the strategy. 06:29 – Free 1 hour live Q&A Webinar. 06:40 – Book a call to talk with us. 06:45 – Blueberry Markets as a Forex Broker. 07:15 – Surround yourself with like-minded people. Did you know that one aspect of being a really successful trader is to surround yourself with other successful traders — other like-minded people from all around the world who are out there achieving greatness in their trading and in their lives in general? Let’s talk about that really important topic and more right now. Hey there, it’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 614. Do you belong to a community of traders? Today I want to talk about a topic that does not get discussed very much. It’s a really important topic though, and it can make or break your trading. It’s about being part of a community — surrounding yourself, whether it’s in person or online, with other like-minded people. People out there who are trading the same way as you. People who are trying to achieve things in their life in general. I think that’s such an important part of trading, and I know that for you that’s also really important. Survey results show people need to be part of a community of traders. The reason I know that is that a couple of weeks ago, I sent out a survey to people who are not my clients — people who have written to me over the years asking for help or downloaded e-books, been on webinars, etc., but have not yet joined. One of the questions was all about trading community, and it actually had the highest single response. With one answer, it was an overwhelming majority of people — in fact, 76% of all respondents — who said that being part of a community of traders just like them and other traders from around the world is the thing that they are missing out on, and the thing that they value most. 76% of respondents said, “Yes, that’s very, very important to me.” The TFTC community helps our clients succeed. And so it got me thinking, because one of the things that we really pride ourselves on here at The Forex Trading Coach is our community. There are a number of ways that we do that. We keep in touch with people, and when I think about how people interact and I look at other ways that people interact online, what we do is vastly different. The trouble is, out there most social media platforms are full of keyboard warriors — quite honestly, idiots at times — the majority probably of people who are out there telling others what they should and shouldn’t do. People are taking advice from others who don’t really know what they’re doing, and they’re all out there with their own agenda — not really trading. Most trading forums are a waste of time. The other thing I used to be part of years ago — and I haven’t for a long time now — is other forums. The problem is they often get overtaken by some clown who thinks they’re going to dominate the forum and they know more than everybody else. A discussion gets out of hand, arguing starts, and it’s just ridiculous. Or someone comes up with a good idea and a strategy, and a few threads later it’s completely changed because someone says, “Oh, we need to add this,” or “I don’t like that,” or “We need to do that.” And it just all implodes — it always does. What I find is that, in general, on social media, people are lonely. They think they’re part of a group, but they’re not. Trading by yourself, whether it’s at home or on a laptop somewhere, is lonely. How many people listening to this right now have friends who honestly know what you’re doing as a trader? Do they think you’re gambling? Do they think you’re just throwing your money away? Do you have a husband, wife, kids, or parents who just think, “Oh, you’re wasting your time looking at charts, doing silly things, and gambling your money”? As a result of that, you don’t have anybody to contact. You don’t have anybody to speak to. Now, that’s what 95% of people do. What we do is massively different. We trade just 1 strategy, and all help each other. Our forum site is full of traders from right around the world — 109 countries — all out there trading one system, one strategy, all helping each other. Multiple sets of eyes looking at the charts at the same time,

Nov 16, 20257 min

#613: Making Extra Income While on Vacation in New York with Paul Tillman

Making Extra Income While on Vacation in New York with Paul Tillman Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback #613: Making Extra Income While on Vacation in New York with Paul Tillman In this video: 00:26 – Paul Tillman trading from New York on vacation. 00:44 – Account up +1% in 2 days of the week. 01:25 – We can teach you how to trade in just 30 minutes a day. 02:10 – Trade and travel. 02:49 – How to contact us and learn how to trade for yourself. How would you like to be able to make extra income, extra money, and still go on vacation with your family to sites like New York City? Let’s get into that and more right now. Hello, this is Paul Tillman with The Forex Trading Coach, and this is video and podcast #613. Paul Tillman trading from New York on vacation. I am standing here right in the middle of Times Square in New York, on vacation here. The last time I was with you, I was with Andrew on the top of Grandfather Mountain in the North Carolina mountains, shooting a video and telling everybody how forex can help change their lives. Account up +1% in 2 days of the week. So I’m sitting here in New York. I’ve been trading — this is only the second day of the week — where I’ve made more than 1% already, taking trades on XAU/GBP, GBP/JPY, and even BTC/USD. And I’ve done that in just an hour of trading yesterday and 30 minutes of trading this morning. The key is to make the most of your opportunities — checking the charts at certain times of the day, getting into a daily routine, not getting stuck to your screen all day looking at such short time frame charts. There’s no need for that. You only need to trade 30 minutes to an hour a day to make it create income. We can teach you how to trade in just 30 minutes a day. What we can teach you is how to do that. We have a course that goes all the way from A to Z — talking about the very beginnings of forex trading all the way to the end of our strategy. We have live webinars that traders get on every week. We’re looking for live trades, talking about our story with trades and questions. And then we also have a forum site. The interesting thing about the forum site is that in that 30 minutes a day, outside of that, there was a trade on the USD/MXN just last night on the forum site. I was able to get on the six-hour charts, take a buy trade, woke up this morning ready to tackle New York again, and saw that trade had hit the profit target. Trade and travel. So, being here in New York City — seeing a few other professional sporting events, seeing the sights and sounds of Times Square in the capital of the world, as they say — you can do all these things and still trade at the same time. Most of us have families, we have jobs. I’ve got a 12-year-old daughter and an 8-year-old boy who keep me running constantly. But I can trade around that, and even the job that I have as well outside of trading. So, we’re headed to go see the sights now around New York City. Going to see our hometown Carolina Hurricanes hockey team tonight before heading back home to Raleigh tomorrow. How to contact us and learn how to trade for yourself. If you’re interested in anything that I’ve said about The Forex Trading Coach and having forex change your life, put a comment at the bottom of this video or hit “Contact Us.” Visit our site at TheForexTradingCoach.com. So we’re off to go see more sights in New York — ice hockey tonight — and we’ll talk to you later. Have a great rest of the week. Episode Title: #613: Making Extra Income While on Vacation in New York with Paul Tillman Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback

Nov 9, 20253 min

#612: Find Out What’s Blocking Your Trading Growth

Find Out What’s Blocking Your Trading Growth Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback #612: Find Out What’s Blocking Your Trading Growth In this video: 00:35 – Give me feedback – what’s holding you back? 01:10 – Possible issues preventing you from trading well. 02:07 – Do you want to trade Crypto’s and not FX? 02:42 – I can help you if you first let me know your issues. 03:45 – Blueberry Markets as a Forex Broker. 04:00 – Brand New Forex Masterclass. 04:07 – Comment, Like, Share and Subscribe What’s holding you back from being a very good and successful and profitable trader? I want to find out more from you, because if you let me know what your issues are, then I can help you to overcome those and to become that type of trader that you’ve always wanted to be. Let’s get into that and more right now. Hey there Traders! This is Andrew Mitchem here at The Forex Trading Coach with video and podcast number 612. Give me feedback – what’s holding you back? So today, something different — I need feedback from you. The reason I want feedback from you is because unless you let me know what your issues are, I can’t either help you or provide content that will help you. I’m guessing that if you’re watching or listening to this, you’ve either been trading, looking at trading, or tried it in the past and it hasn’t worked — and something is holding you back. So let me know in the comments below or email me directly at [email protected] what those issues are. It could be more than one. Obviously, is it. Possible issues preventing you from trading well. For example, a lack of time? You feel that you’ve got too much going on in your life and you either don’t have enough time to potentially learn to trade or to do the trading itself? Are you worried about being glued to your charts, looking at screens all day long, and finding that boring or unappealing? It could be a lack of knowledge. Maybe you feel that you just don’t understand the markets enough to justify putting real money into your trading. It could be a lack of confidence. There are a lot of people out there who can trade demo and do very well on demo, but they have an issue when it comes to trading live. That could be an issue. Or maybe you think you’ve got a lack of money, and you’re thinking, “Well, what’s the point in either investing money in education or even into my own trading if I’ve only got $500 in my account? It’s pointless because I’m putting all that time and effort into it for just a few dollars return.” So it could be that. Do you want to trade Crypto’s and not FX? It may be that you’re not interested in forex at all — maybe cryptos are your thing. So if you are wanting to learn how to trade cryptos, that’s some feedback you could give me. You might be going, “Andrew, look, forex is old. It’s had its day. It’s not moving. Cryptos are clearly the way of the future, and I want to know how to trade cryptos. I’m not interested in forex, metals, and commodities, and all those other markets.” So potentially, that could be the issue. It could be a mindset thing. It could be a time thing. It could be a lack-of-knowledge thing. Whatever it is, I’d love you to let me know. I can help you if you first let me know your issues. Because after 16 years of being a forex coach and educator, I’ve kind of seen it all. We’ve got clients right around the globe with all different levels of experience, backgrounds, and everything else. So we kind of know what works. But we also want feedback, because in order to keep progressing, helping people, and building the community that we have, we need to know where new issues and new problems are. Like I said, it could be something as simple as you wanting to learn only to trade cryptos and forex is not your thing. Or it might be that you’re just not interested in learning to trade at all yourself, and all you want is to copy someone — maybe through signals, managed accounts, or prop firms. Whatever it might be, let me know in the comments below. Because like I said, the more that you let me know, the more I can help you. I’ll put a link to my email address here as well. Blueberry Markets as a Forex Broker. And if you’re out there thinking, “Well, I need a good broker and I am looking at trading forex,” then I’ll put the link here to Blueberry Markets. I think they’re a very good broker. They offer the MT4 and especially the MT5 trading platform — so have a look at them. Brand New Forex Masterclass. Also, if you have not been on my new 30-minute On-Demand masterclass, I’ll put a link to that as well. Comment, Like, Share and Subscribe But most importantly — give me feedback. I’d love to g

Nov 2, 20254 min

#611: Daily Reversal Pattern That Nailed Profit

Daily Reversal Pattern That Nailed Profit Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #611: Daily Reversal Pattern That Nailed Profit In this video: 00:35 – Trading reversals and continuations. 00:58 – What to look for when trading reversals. 01:23 – Selling the XAG/AUD D1 for 3.5:1 R:R profit. 03:19 – Traded using a Sell limit order. 04:23 – Brand New Forex Masterclass. 05:02 – Free 1 hour live Q&A Webinar. 05:17 – Blueberry Markets as a Forex Broker. 05:58 – Like, Share and Subscribe I want to talk a little about reversal patterns, and we had a fantastic reversal pattern on a daily trade just this week. They look really good on the charts, and they can be a fantastic way to profit from the markets. So let’s talk about reversals and more right now. Hey there traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 611. Trading reversals and continuations. So I personally trade two different chart patterns. I look for continuation patterns and I look for reversal patterns. Now, if you’ve been following me for any length of time, you will know that I prefer continuation patterns because it means that you’re trading with the dominant trend. But after a pullback or retracement. What to look for when trading reversals. However, I also still do look for reversal trades. Now, they can look really very good on your charts, but they do pose slightly more risk because you are trading against a very strong uptrend or downtrend. However, there are a number of things you can do to put more factors in your favor to give yourself a high-probability chance of a successful trade. Selling the XAG/AUD D1 for 3.5:1 R:R profit. Now, a great example of that is just this week. On Monday, the 20th of October 2025, we took a sell trade on the daily Silver Australian dollar. So go have a look at the charts — XAG/AUD — on the daily charts, and you will see that Friday’s candle, the completed Friday candle, was an all-time high, but also it closed very strongly back down as a bearish candle and had a number of other things in its favor. Not only was it an all-time high, but it had a trend line break, it was overbought, there had been recent divergence, and it broke down through the round number of 80 and closed below that level at the end of the week. So on Monday, at the beginning of the week, we suggested and took ourselves a sell trade based off that chart. Now, if you’ve been following gold and silver against almost everything over the last few weeks and months, you know that they’ve just gone up and up and up. They’re going crazy. And so with anything that does that, there’s always going to be an opportunity for it to get overbought and then pull back. Now, I don’t know — and I don’t particularly care — whether gold and silver, or in this case silver against the Australian dollar, has a massive fall away. It doesn’t really matter for this particular trade. All I’m looking for is a slight pullback based on the candle pattern. Now, two candles later, we hit our full profit target on this particular trade for a very healthy 3.5 to 1 reward-to-risk. So that means if you risked 1% on the particular trade, you would have made a 3.5% gain on your account, which is pretty amazing considering it took just what — a minute, if that, to place the trade — and two candles later it hit the profit target. So have a look at what actually happened on the chart. Now, we take limit orders. Traded using a Sell limit order. So at the beginning of the week, we didn’t just take a market order. We put a sell limit to sell XAG/AUD if the price first pulled back — which it did. It got to exactly our entry level and then turned around as anticipated and went straight to our profit target some two candles later. That is a great example of a lot of things all adding up together to suggest that that trade was going to work in our favor. When you look at it on a bigger picture, XAG/AUD had been in an enormous uptrend, and it turned over, and we took that opportunity to sell it. As I mentioned, where it goes now, I’m not particularly bothered because I’m out of this particular trade and therefore looking for new opportunities. It could well pull back and then continue back up again in that overall direction. If that’s the case, that gives us a great buy opportunity, which becomes a continuation pattern. But today we’re talking reversals, and that is a great example of reversal patterns. If you’d like to find out more about how we trade and how we can teach you and help you to become a successful trader with our help — after all, we’ve been doing this for more than 16 years and have clients in 109 countries — we kind of know what we’re doing, and we know wh

Oct 26, 20256 min

#610: Stop Losing — Learn Forex the Right Way

Stop Losing — Learn Forex the Right Way Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here to Watch my Q&A Webinar Replay #610: Stop Losing — Learn Forex the Right Way In this video: 00:33 – “Ask me anything” trading Q&A webinar. 01:19 – Trades were shared, live and closed trades. 01:50 – A lack of trading knowledge. 02:50 – Most people lack a trading plan and strategy. 04:09 – A lack of money management. 05:20 – Invest in your trading education first. 05:49 – Masterclass webinar. 05:54 – Book a call with us. 06:29 – Blueberry Markets as a Forex Broker. 07:00 – Like, Share and Subscribe If you want to be a successful trader, one of the really important things that you must do is take your time to learn the craft properly. If you do that, the rewards will be huge. So let’s talk about that important topic and more right now. Hey there Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 610. “Ask me anything” trading Q&A webinar. Really important lesson today, and it all comes from a free-to-the-public live one-hour webinar that I held earlier this week. I called it “Ask Me Anything,” and people could come onto that webinar live, in real time, and ask me any trading question at all. And of course, I had some emailed to me from people that couldn’t attend live. It was a great session — lots and lots of valuable information — and I’m going to put a link to that webinar here on this page somewhere. I really encourage you, if you were not on the session live or if you’ve not yet seen the recording, to go and watch that session, because I help people with all the questions that they have. And with my 20 plus years of knowledge as a full-time forex trader, there’s a lot of valuable content there. Trades were shared, live and closed trades. I shared all my open trades live at the time of the webinar, and I explained why I had those trades open and which trades I had. From last week I shared all my trades — positive and negative trades. You could see that I had a 6.5% gain last week with very low risk per trade and high reward-to-risk — everything that I talk about. You can see that from the previous trades and you can see that on the live open trade. So there’s nothing hidden; everything there for people to see. A lack of trading knowledge. Now, one of the parts that I got from the session was I realized that there are so many people out there who all want to be traders, which is fantastic. But the trouble is, I got the impression from a lot of people that there’s a lack of general trading knowledge out there. Maybe that comes about from people hearing about trading and wanting to get into it but not really spending that time upfront to get that real knowledge. For me, that was quite a concern because it seemed to me that there were a lot of people on that webinar who were just not profitable, and yet they were still trading on live accounts of their own. A lot of people seem to be trading on prop firms and failing them. That is just a complete and utter waste of your time and money. Because why would you go and invest in something — either your own live funds or a prop firm, or both — when you don’t really know what you’re doing? Most people lack a trading plan and strategy. The takeaways I got from that are that, in general, most people seem to either not have a strategy, didn’t really have an actual trading plan, or didn’t know what they were looking for. So I had questions about what it is that you’re looking for — what makes a trade? What, in my eyes, determines what is a trade and why? They don’t know what pairs to look for, they don’t know what timeframes to look at, and they don’t know what market to look at either. Whether you’re looking at cryptos or metals or forex — I got the question, “What’s the best pair to trade?” Well, there is no best pair to trade. It depends on what’s happening in the market right now. What’s the best timeframe? Again, it depends on what’s setting up in the market right now. How do you enter a trade? Where do you put your stop loss? Where do you put your profit target? I feel that a lot of people don’t have a set strategy and know exactly what to do. They don’t know when to look at their charts. Are they looking sort of midway through a candle formation because they happen to be at their computer right at that point? If you’ve been following me for any length of time, you know that I look at a candle pattern and I only look at the close of a candle, so I know exactly when I need to go and look at my charts. I know what timeframes to look at and when I look at strength and weakness of currencies, so I know which ones I’m preferring and in which directions. A lack of

Oct 19, 20257 min

#609: Fundamentals vs Technicals – Which Drives Markets

Fundamentals vs Technicals – Which Drives Markets Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #609: Fundamentals vs Technicals – Which Drives Markets In this video: 00:28 – Technical or Fundamental trading?. 01:05 – Example this week of why I am a technical trader. 02:40 – Interest rate announcement out of New Zealand. 04:07 – We profited from 5 Daily chart trades. 04:25 – Monthly Sell on the NZD/USD also hit the profit target. 05:44 – Brand New Forex Masterclass. 05:57 – Free 1 hour live Q&A Webinar. 07:06 – Blueberry Markets as a Forex Broker. 07:50 – Like, Share and Subscribe Which came first? The chicken or the egg? Or in trading terms, fundamentals or technicals? Who’s the winner, and which came first, and which is most important? Let’s talk about that more right now. Hey traders! It’s Andrew Mitcham here, the owner of The Forex Trading Coach, with video and podcast number 609. Technical or Fundamental trading? So today really is the chicken-or-the-egg question. And as traders we look at all the technical charts, or we look at fundamental news events, or some people have a combination of both. Now, I’m certainly a technical trader. I’m going to share with you why I think that is the most important, but also I’m not saying that news is not important. It’s just I think you need to develop, as a person, as a trader, and find out which one is best for you and why. Or maybe the answer is a combination of both. But I’m a technical trader. Example this week of why I am a technical trader. Now, here’s a classic example. On Wednesday morning, my time, we were looking at the daily charts at the close of the Tuesday daily candle. And we do this every day, and we’ve done this for the past 16 years. So at the close of a daily candle at 5 p.m. New York time, we analyze the charts and we look at trades based off the daily charts for the new day. And if you go and look at the close of Tuesday’s daily candle, you would see many New Zealand-related pairs all showing massive NZD weakness. And we identified five trades as specific trades based off the daily charts, based on that NZD weakness. And they were the NZD/USD, NZD/CAD, NZD/CHY, AUD/NZD, and GBP/NZD. Now, the last two have been Australian and Pound against the New Zealand. They were buys. The first three were sells, all looking for NZD weakness. So that’s the technicals. We saw room to move for the profit target. We saw safety in our stop loss. And for what I look at and what we teach, we had everything setting up there as five excellent, high-quality trades off the daily charts. Now we come back to the chicken and the egg, and we come back to what was actually happening and why. Interest rate announcement out of New Zealand. Well, four hours into the new day, out of New Zealand here, we had interest rate announcements, and they were expected to drop the interest rate by a cut of 0.25, or 25 points. That was what Forex Factory and all the news sites were expecting. However, as a technical trader, I looked at the charts and not only did I see the New Zealand weakening, but I saw massive weakness coming. And for me, when I looked at that news event, I thought, I think this is going to be a bigger cut than expected. Now, whether it is or isn’t doesn’t really matter. It’s more the fact that I could see maybe that 0.25 basis points already probably factored into the market, but the market was showing me a bigger drop was likely to come and therefore a bigger cut than what the economists were expecting. And that’s exactly what we saw. So when it comes to the fundamentals, we did see a half-percent cut, which is a massive cut from 2.5 down to 2. You know, that’s a big, big cut, and it’s to stimulate the economy and, you know, things like that. So we saw a doubling of the expected cut—expected 25 points, we got 50— We profited from 5 Daily chart trades. And we profited from those trades. We put those five trades on; all five were profitable trades. And again, it comes back to why I’m a technical trader, because we could see on the charts this already happening—this likely move already happening. Monthly Sell on the NZD/USD also hit the profit target. And you take it one step further, and on the monthly charts we also hit our profit target on our August 2025 monthly chart, which was also a sell on the New Zealand dollar. US dollar. Now, if you go back and watch my trip where we spent four weeks traveling around America, you would see that at the beginning of August I actually made a video and I said, look, I’m taking a sell trade based on the monthly chart—so, looking at the close of the July 2025 monthly chart. So beginning of August, we had a sell setting up on the monthly chart, like the biggest ti

Oct 12, 20258 min

#608: Build Confidence & Consistency in Trading with Diana Perkins & Forex Coach Andrew Mitchem

Build Confidence & Consistency in Trading with Diana Perkins & Forex Coach Andrew Mitchem Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #608: Build Confidence & Consistency in Trading with Diana Perkins & Forex Coach Andrew Mitchem In this video: 00:31 – My trading chat with Diana Perkins. 00:56 – Andrew & Diana trade different markets but share a common philosophy. 04:15 – Risk management and psychology. 05:27 – Removing the hype around trading. 13:15 – Lot size, risk, demo and live trading. 19:14 – Technical trading and News Trading. 22:05 – Trading FX, Metals, Indices, Cryptos and Commodities. 25:15 – Using currency Strength and Weakness. 27:07 – Fitting trading around your lifestyle. 32:05 – Enjoy your trading. 38:20 – Trading via a Prop firm. 39:25 – Knowing that you have the knowledge to trade for yourself. 42:22 – Contact Diana Andrew Mitchem One of the best ways for you to learn how to trade properly is to listen to conversations between experienced traders. So today I’ve got something really special for you. Just yesterday I had a chat with Diana Perkins from Trading with Diana. We trade different markets, but we both share the same philosophy, and it’s going to help you massively. Andrew Mitchem Let’s get into that more right now. My trading chat with Diana Perkins. Andrew Mitchem Hey traders, Andrew here at The Forex Trading Coach with video and podcast number 608. For 40 minutes you’re going to get absolute gold with my interview with Diana Perkins. Let’s start straight away. Everybody, it’s Andrew Mitchem here at The Forex Trading Coach. Absolutely thrilled today to be joined by Diana Perkins from Trading with Diana. Welcome along, Diana. Nice to see you so much. Diana Perkins, CPA And thank you for having me. Andrew & Diana trade different markets but share a common philosophy. Andrew Mitchem Awesome. Well, look, we got put together because I think someone thought that we would have a great education and insight to help people, because although we do slightly different things, I think our philosophy of trading and helping people is something that will align really well for people watching and listening to this. So maybe first of all, Diana, if you could introduce yourself, who you are and what you do. Diana Perkins, CPA Absolutely, and I agree with the person who connected us. I’m really excited for this conversation. So, Diana Perkins, I’m the founder of Trading with Diana, which is an educational platform where I teach everyday people how to trade the market with confidence. I do this through workshops, personalized coaching, and newsletters, and it’s honestly the best part of my day. I spent a good part of my career trading and mentoring and coaching others in the space, and recently launched my own business so I can do this full time. Andrew Mitchem Awesome, awesome. So, when you coach people, what kind of markets do you generally look at? What do you help them with? Diana Perkins, CPA Yeah, it’s typically the US equity market and we’re focused on stocks, ETFs, you know, some index funds and, for a small subset—although it’s growing—options trading, which I don’t normally market. But I did used to be a professional options trader. I love it. There’s so much that you can do with stock options. So focus in those areas. But it’s really all market conditions, which brings up—I actually just spoke with a trader this morning about that—just looking almost, you know, the last nine months in review, but all different market conditions across all different sectors. It’s really a flexible approach. And you’ll hear me say that investing, it’s very individual. Andrew Mitchem You know, I was reading your background about how you started when you were young with charging—I think it was the interest—some borrowings and things like that, and it was like, that was really cool. I love that whole story. So I’m guessing you’ve been into, like, the financial industry or business for most of your life? Diana Perkins, CPA Yeah, absolutely. So as long as I can remember, I was a numbers girl. At eight years old, I learned what compound interest was, and when my family found out I had a little bit of, you know, petty cash, they started asking me for money. So I charged interest because that money could have been earning interest in the bank account. So, yeah, from an early age, I always knew finance was my passion. Throughout my career, you’re right, I spent about 20 years in various roles in the finance industry. But it was really a class I took in college where we had a virtual stock exchange competition. I’m very competitive by nature, and I wanted to win in order to understand what moves the markets. And so that&#82

Oct 5, 202543 min

#607: Trade Bitcoin Like a Pro

Trade Bitcoin Like a Pro Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #607: Trade Bitcoin Like a Pro In this video: 00:26 – Do you want to know how to trade Cryptos? 00:45 – I want to buy Bitcoin. 01:50 – What’s your local exchange rate against the USD? 02:28 – Trade Crypto using my proven FX strategy. 02:55 – Wait for a pullback first. 03:22 – Trade only the bullish patterns. 03:49 – Trade a different crypto that is a better buy. 04:54 – Check out my new 30 minutes Masterclass. 05:18 – Book a call to talk with us. 05:22 – Blueberry Markets as a Forex Broker. 05:48 – Like, Share and Subscribe Today, I wanted to share with you how you can invest in the crypto market wisely, using a proven trading strategy. So let’s talk about that and more. Right now. Hey there, Forex Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video on podcast number 607. Do you want to know how to trade Cryptos? So today we’re actually not talking about forex. We’re going to be talking about cryptos. You see this so many people out there jumping on the bandwagon of buying cryptos. And unfortunately most people don’t really know what they’re doing. The trouble is that just buying cryptos or coins because of that whole FOMO, the fear of missing out. I want to buy Bitcoin. And a classic example of that is just a few weeks ago, I was talking to a friend of mine and she said, look, Andrew, I’ve gone and bought some Bitcoin. I said, fantastic, but why did you buy a Bitcoin when it was an almost like it’s an all time high. So far it was up close to $124,000 USD. And you know that so far has been the highest it’s ever got to. And she said oh well, I’ve just got some money through the sale of a property and I thought I’d buy some bitcoin. You know, I don’t want to miss out and I think it’s going to go higher and higher. I said, well, okay, look if you’re willing to hold it for, you know, months, years, it could still well be an okay decision. But the here’s the issue that I find with so many people is they are not buying a crypto for a particular reason. They buy Bitcoin because they know Bitcoin. And everybody says it’s going to go to 200,000. And so you’re buying it thinking it’s going to go up. Probably not a great way of doing it. And there’s probably other things you can do to make that decision better. What’s your local exchange rate against the USD? Now added on top of this, if you don’t live in the US and you’re buying it in equivalent of another currency, like for me and my friend who is New Zealand dollars right now, the New Zealand US dollar rate is really, really terrible for us because the US is strong and then New Zealand is weak. And therefore if you’re buying an equivalent in US dollars, you’ve got a double whammy. You’ve got the let’s say Bitcoin that almost an all time high. And you’ve got the NZD/USD rate at very low rate. So you’re getting smashed on both sides. It’s costing you a lot of money in your local currency to go and buy already a high value product such as Bitcoin. Trade Crypto using my proven FX strategy. Now take this back to how we trade and how we can help you. There’s a few things you can do because we trade cryptos using my proven forex strategy in exactly the same way as we would trade, let’s say the EUR/USD. And what we’re using is technical analysis. And you can apply some very simple basic. Once you know what you’re doing technical analysis to make your crypto decisions better. So let’s stick with our example of buying Bitcoin. Wait for a pullback first. Instead of just randomly buying Bitcoin at today’s price. You could instead use some good technical knowledge and wait for a pullback and then a bullish opportunity to go long again and buy it at a lower and better price. Wouldn’t that be a simple and good idea? Why would you not want to buy something at a lower and better price than it is like today, when it potentially could be quite high? Trade only the bullish patterns. So you could do that if your long term perspective is Bitcoin is going to be heading up and you see that on longer term charts such as like let’s say monthly charts. You just simply wait for pullbacks and then you could potentially buy again or the other thing you can do is it heads up towards these all time highs or breaks them and starts pulling back. What’s to say you couldn’t just sell some and wait for it to pull back some profit on those moves, wait for it to pull back and then look for bullish action and then buy again. So that’s bitcoin covered. Trade a different crypto that is a better buy. And of course the other thing you

Sep 28, 20256 min

#606: Independent Wealth: Trading for True Freedom

Independent Wealth: Trading for True Freedom Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Learn How to Gain 1% Daily #606: Independent Wealth: Trading for True Freedom In this video: 00:27 – Independence is awesome. 01:02 – Monetary independence. 02:17 – The good old banking days have gone. 03:00 – Do you fit the narrative? 04:01 – Self-reliance through trading. 05:32 – Brand New Forex Masterclass. 06:15 – New course pricing structure available. 06:57 – Blueberry Markets as a Forex Broker. 07:22 – Like, Share and Subscribe I’m going to talk today about becoming your own bank and how, through becoming a good trader, you can achieve this for yourself. Let’s get into that more right now. Hey there, Traders! This is Andrew Mitchem here at The Forex Trading Coach with video and podcast number 606. Independence is awesome. Today I want to talk about being independent. I choose to become independent with the way that I live. We grow the vast majority of our own food. We have access to our own meat. We catch our own fish. I’ve got beehives for our own honey, and we like to grow and produce as much food at home as we can because it allows us to be independent. And alongside that, you’ve got all the obvious health benefits. So that’s a personal choice. Monetary independence. Now, when it comes to money, I also personally choose to become as independent as I can. Just last week I was interested in purchasing a rural property with my wife, and I thought, well, let’s go and ask the bank to see if they would help finance it because, you know, money’s relatively cheap. And if you can get finance at, sort of, 5%, let’s say, and you’re making, let’s say, 5% in a month through your trading, well, you’re better off borrowing from the bank. So we approached the bank to see if they would help us for this property. I was amazed that one of the first questions I got asked was about my age and my retirement plans. Now, I had zero retirement plans or anything. I’m 52 years old. And it just struck a chord with me. It’s like, wow, these banks, you know, they go through these processes of ticking boxes. Whether it’s AI-induced, I’m not sure. The good old banking days have gone. But rather than the good old days when you used to go to a bank manager, they’d go, “Hey, Andrew, what do you need the money for? Oh, I think you can do that. We’ll back you. That’ll work.” In simplified terms, that’s how it used to be. Today it’s no longer like that. And I just found it really off-putting that the bank’s more interested in my age and my retirement plans—of which I had zero—because I love doing what I’m doing. I’m only 52. Yet whether the property was a good property or not, how much cash we were going to inject in it, or what the property was going to make as a rental or anything like that didn’t seem to matter. Do you fit the narrative? It just basically gave me that reminder of: hey, do you really want to be in the way that things should be done these days? Because it seemed to me that if you don’t fit the narrative and you don’t fit the model, then they’re not so much interested in you. And it again came back to my trading. It’s like: become your own bank. So if you’re slightly more mature and older, in the 50s and beyond like I am, then you may also find that if you need borrowing for any investment property—or whatever you need it for—things today are a little bit tougher than what they used to be. If you’re watching this and you’re young, then obviously you’ve got time and experience to come, but you’ve got time on your side. So whichever you are—whether you’re older and heading toward retirement, or not even thinking of retirement, or you’re in your 20s—this applies to everybody. Self-reliance through trading. Why don’t you, instead of relying on the way that we’re told we should do things, think differently? Like we do with our food and with our finances—creating your own bank yourself through your trading. If you know what you’re doing, you can do that through the quality of your trading. But not only that—if you can make consistent gains through your trading on your own account, then of course you’ve got options these days. You’ve got prop firms. You don’t just need one prop firm account—you can have multiple. You could sell trading signals. You could potentially, depending on legalities, trade for other people. There are multiple ways in which you can put your trading skills to good use. And over time, with compounding, you can become your own self-funding bank. I think that should appeal to many people. Like I said, if you’re older, you’re

Sep 21, 20257 min

#605: The Secret to Better Forex Entries Revealed

The Secret to Better Forex Entries Revealed Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Learn How to Gain 1% Daily #605: The Secret to Better Forex Entries Revealed In this video: 00:28 – Avoid using a market order. 01:24 – Learn what a pending order is. 01:58 – You can enter the position and let the market work. 02:48 – Buying at a better price. 03:24 – Helps reduce emotions. 03:39 – NEW Masterclass. 03:52 – New course pricing structure available. 04:15 – Book a call with us. 04:23 – Blueberry Markets as a Forex Broker. 04:43 – Like, share and subscribe. Today, I want to talk about why I believe that in most cases, entering a market order as a trader is not a great idea. So let’s discuss that topic and more right now. Hey there, Traders! it’s Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 605. Avoid using a market order. And you heard that right. I believe that using a market order for most of your trades is not a great idea. And there’s many reasons for that. One of the reasons, I think, that you should never really enter a market order is because what does the price right now mean? What does it signify? Most people find that they enter a trade because they happen to be at their computer, and they happen to see a set up, and therefore they just enter straight away using a market order. And the issue I have with that is very rarely do people find that that price has any significance. It probably doesn’t have any price level. It may not broken through any barriers. And so by entering the market for most people, most of the time it means they’re entering right now because I’m at the computer, I think there’s a trade. I’m going to enter a trade, buy or sell. Learn what a pending order is. What I find, though, is that a lot of people do not understand pending orders particularly well. Most people, don’t use them, and a lot of people don’t even know they exist. So you can have what’s called a buy or sell stop or a buy or sell limit. Now, I am a massive fan of using limit orders, so a buy limit means that you are buying below the current price and the sell limit means you’re taking a sell position if the price goes higher than where it currently is right now. You can enter the position and let the market work. The beauty of those trades is it means you do not have to be there when the price gets hit. And when you think about it, if you’re taking a buy trade and the price is at a certain level, and you’re saying, I want to enter this buy trade, but if the price drops first, you getting in at a far better price. It means that for the when the price takes off and you anticipate it direction back up again, it means that that movement between where the market may be at the when you saw the trade and you’ll buy limit order or the market needs to do is get back to the same market order original price and you’re already into some profit and beyond. So therefore, what it means is your reward to risk becomes massively greater as well. You could simplify it and think of it this way. Buying at a better price. You’re going into a shop and buying something at $100. I could go into that shop and say that when you drop that price later today to $80, I want to buy it. And it’s a very similar thing to that. So if the shop doesn’t drop its $80, you miss out on the trade. But if they bring that price back to $80 or $75, or you’ve bought the item, you know you get in at a better price and you bought the item at a lower price, then entering straight away in that example at $100. Helps reduce emotions. And so that is where you can use limit orders. It takes away the emotion of your trading because you’re not like in the market scrambling now, trying to get your position size and your stop loss and your profit targeting. You can into your buy limit or sell limit and just walk away and let the market do its thing. NEW Masterclass. Now, if you’d like to find out about how we do that and why we, heavily promote using limit orders, what I suggest you do is jump on to my short on demand masterclass. You’ll find a link to that here. If you’re interested in coming on board with us and joining us at the Forex Trading Coach, you may have seen recently that we changed the pricing structure. It’s on a bit of a trial basis right now, but if you want to jump in at a massively reduced price, I’ll put a link to the Google Drive document where you’ll see a new lower, entry price and then a small ongoing monthly fee. So how they’ll look out for that? Book a call with us. If you’d like to discuss your trading or how we can help you, I’ll put a link that you can call,

Sep 14, 20255 min

#604: Why Your Last Trade Doesn’t Matter—Long Term Results Do

Why Your Last Trade Doesn’t Matter—Long Term Results Do Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Learn How to Gain 1% Daily #604: Why Your Last Trade Doesn’t Matter—Long Term Results Do In this video: 00:33 – Trading is just like any other investment. 01:25 – Control your emotions. 02:00 – Become successful in the long run. 03:00 – Chasing the shiny object problem. 03:28 – Our strategy has long term proof. 05:20 – Keep your risk per trade low. 06:14 – High reward:risk trades. 06:44 – Get on my Forex Masterclass. 06:56 – Book a call to speak with us. 07:01 – Blueberry Markets as a Forex Broker. Today, I’m going to talk about why you should focus on your long term results, rather than worrying about short term individual trades. It’s going to massively help you to become a successful trader in the long run. Let’s talk about that a more right now. Hey there, Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video on podcast number 604. Trading is just like any other investment. Today I want to talk about why I believe you should focus on your long term results. You see, trading is like any other investment. You’ve got to look at it as a bigger picture. And I find that far too many people get really caught up on, say, the last trade or the last few trades or even the last week’s trades. And it creates a danger because, you know, in trading you could have a few lucky trades. You know, you could put some on that. Maybe not particularly. Exactly as your strategy suggests. But you get lucky and they end up winning. And you might have things like seasonal, time adjustments, time of the year when, you know, markets are a little bit flat or really, really good. And you’ve got to allow for all these things. Control your emotions. Because to me, there’s two things you have to control in your trading. Once your heart and the other in your head, those emotions are vital that you can control them properly. And the danger is, if you’re focusing on your last few trades, you can get massive buzzes and massive highs. If you’ve like, done really well and had a few successful trades. Likewise, if you had a couple of losses in a row and things just don’t seem to be working out, you can get some real so lows and you’re thinking, oh, is this just all doom and gloom and not working? And that is where I see the issue. Become successful in the long run. You see any good trader with good trading skills and a good sound strategy and knowledge will be successful in the long run. And that’s where your focus needs to be. Because, you know, no investment is a straight line. Not every day are you going to make money as a trader? Not every week, sometimes. Not every month. And that’s part of the overall, you know, part of trading that you have to understand. And that’s where the danger of focusing real short term, can create so many issues. And that’s why I find that so. And look, I used to do this myself years and years ago. I don’t know, luckily, because I worked out what works for me. But years ago, I used to chop and change systems. I used to, add this indicator used to over optimize this, buy this bit of software, automate this, you know strategy, buy the next book, whatever it was, you know, you going on, you know, forum sites and finding the latest, greatest idea. And of course, none of them work. Chasing the shiny object problem. And so that becomes the, the chasing, the shiny object, problem that so many people have. And that’s because they’re focusing on, well, one, they probably don’t have a good strategy and really know what they’re doing themselves, but also they’re focusing like what’s happening right now. Is this a couple of losing trades in a row? Oh, get rid of that system. It’s terrible. It doesn’t work. On to the next thing. And I suppose that’s where we’re fortunate because. Our strategy has long term proof. Ever since I started coaching over 16 years ago, the strategy remains exactly the same. It’s because it’s based on good sound, technical analysis. And, you know, it works on all markets, all currency pairs, all timeframe charts. And now other markets like the cryptos and indices, commodities, etc. on top. And so that is why we focus on that long term consistency. Because, you know, you wouldn’t go and buy an investment property and then you pay whatever you pay for it. Let’s say $500,000 and you’re going, oh my goodness, I’ve just had it valued. And like the week after, it’s like 490 and 470, then 520, you know, you can’t, be an investor if that’s your kind of longer term goal. And be worried about the price of that property

Sep 7, 20257 min

#603: The Hard Truth About Trading Success

The Hard Truth About Trading Success Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update Click Here To Learn How to Gain 1% Daily #603: The Hard Truth About Trading Success In this video: 00:37 – Is trading Forex a real job? 01:42 – How to being a trader lucky? 02:05 – The realities of becoming a good trader. 03:00 – Good things are hard to achieve. 03:38 – Moving to the other side of the world to live. 04:13 – The commitment of becoming a karate sensei. 04:49 – I learned how to fly a helicopter. 05:33 – Playing the guitar and singing. 05:52 – Time to get off your bum and make a difference. 06:44 – What are you going to do to help yourself? 07:35 – Get on my Forex Masterclass. 07:46 – New course pricing structure available. 07:56 – Blueberry Markets as a Forex Broker. Do you find that when you tell people that you are a trader or want to become a trader? They don’t think that you have a real job, and they think that you might be a bit lucky because you can work from home or just work on a computer. I want to talk about that because I’ve experienced that a lot myself in the last week. Let’s get into it a more right now. Hey traders, it’s Andrew Mitchem here, the owner of The Forex Trading Coach. A video on podcast number 603. Is trading Forex a real job? I want to talk about the human psyche. I find it really interesting. Fascinating. You see, when I started trading some 20 years ago, I had a very young son at the time, and I’d finished being a dairy farmer because of divorce, and people looked at me a little bit strange. They thought that I was starting this sort of what what was I doing? I meant to be looking after my young son. I didn’t have a real job. I was doing this weird, strange thing called trading on the computer. And I think a lot of people, you know, just looked at me a little bit sideways and thought, this guy’s just lost the plot here. Why doesn’t he go and get a real job? And then fast forward some, what, 20 plus years later and after just spending the last four weeks in the US on holiday with my wife for her 50th birthday, the amount of comments that I’ve had either in person or online, or email from people to say, you’re so lucky you can do that. How to being a trader lucky? And I just find it fascinating, like lucky. How how is like trading lucky? I don’t quite get it, but people just think that because, you know, you’re either sitting at home on a computer or like, we’ve just spent four weeks traveling round on a road trip around the US. They think you’re lucky. And I find it absolutely incredible. And I’m sure if you’ve been trading for any length of time, you probably understand what I mean. The realities of becoming a good trader. So I’d like just to sort of set the record straight about what good trading is. If you trade, you know, and if you’re starting to trade or looking to trade, you need to know this. Good trading is not easy. Good trading takes a lot of time investment in yourself, both monetary and time wise. A lot of frustration, a lot of going round in circles. And it’s not easy because if it was easy, everybody would do it, wouldn’t they? And if it is easy to make lots of money, everybody would be doing it. But the trouble is, most people are just lazy and that’s just the honest truth. You know, hard work, dedication, commitment, effort, those type of things. Sadly, a lot of people lack, these days. Now, I had a think about this when I was just thinking about putting the video together, and I thought about things that I’ve personally done and, you know, the enjoyable things and how hard they are. Good things are hard to achieve. So back when I was a teenager, I was a reasonably good cricket player. Couldn’t bat, but I could bowl pretty reasonably well. And I played at a, you know, quite a decent level, for my age. Never good enough to become remotely close to become a professional cricket, I thought I was, you know, the next level down and for a little while and pretty good. So when I look back at that, my whole life back then revolved around just playing cricket, talking cricket, eating, sleeping cricket. That’s all I did. I love cricket, I still love cricket. And the time, the effort, the commitment that went into it was huge. Moving to the other side of the world to live. And then fast forward a number of years later, I decided to up and leave England and in my early 20s moved to the other side of the world, the strange place that most people had never heard of called New Zealand. And you know, again, time commitment, money, effort, to do that and, you know, quite a bit of the unknown. And, you know, people go, oh, you had a crystal ball b

Aug 31, 20258 min

#602: The Freedom of Trading Anywhere, Anytime

The Freedom of Trading Anywhere, Anytime Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update Click Here To Learn How to Gain 1% Daily #602: The Freedom of Trading Anywhere, Anytime In this video: 00:34 – I’m back home in New Zealand after 4 weeks in the US. 01:07 – TFTC Coaching remained the same. 01:22 – Lessons from trading while on the road – see here https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel-updates/ 02:09 – Less is more approach to trading. 03:03 – Trading in 5 minutes a day and set and forget. 04:13 – The power of an amazing trading community. 05:55 – New course pricing structure available. 06:50 – Blueberry Markets as a Forex Broker. 07:30 – Summary of our US road trip. So I’ve just got home to New Zealand, and I’ve spent the last four weeks trading and traveling around the US on a big road trip with my wife. I’m going to talk to you about what you can learn from my experience, and how it can help you when trading and traveling for yourself. Let’s get into that more right now. Hey there, Traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 602. I’m back home in New Zealand after 4 weeks in the US. Back in beautiful New Zealand. Back in the winter here. Lovely dark blue sky day. Sunny days. Really great to be home. But we had a great four weeks traveling around the US. I drove on the wrong side of the road for me, and I covered over 4000 miles or 6500km, and we visited ten states. Now, on that trip, I carried on trading exactly the same as I would have from home. Obviously the time of day slightly different. TFTC Coaching remained the same. But everything that I did was exactly the same as I would do from here as far as our coaching is concerned. We still had our live weekly webinars, our live webinars for clients to join in, European session and US session. We still posted our daily trades each day. We still had our form site updated and so everything carried on. Lessons from trading while on the road – see here https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel-updates/ But from a trading perspective, what I gathered from that trip is you don’t have to trade all the time to do really well. And so for me, I took some monthly chart trades. In fact, I’ve still got a New Zealand US dollar sale trade on. And this week the New Zealand dollar. In fact just yesterday just crashed. And it’s really help that trade. But longer term on the monthly chart we have a sell trade from the beginning of August. Now if you’ve been following me you would have seen that I documented my trades that are taking on the monthly charts, the weekly charts, the daily charts and other time frame charts while I was in the US. So I’ll put a link here. You can have a look at those 14 videos that I took while I was there. And you can see the trades are taken and the results of them. Less is more approach to trading. But it just showed to me that it doesn’t matter whether you want to travel and trade or whether it’s just normal life going on and you’ve got job, family, you know, sports, hobbies, whatever it might be, and you think that you don’t have time to trade, well, it’s just not true. You do have time to trade. Everybody has 24 hours in the day, but you don’t need to spend so much time as you think, actually doing the trading once you know what you’re doing. And so I looked at the charts at the beginning of each week looking at the monthly charts, and at the beginning of the month, beginning of August, we looked at the monthly charts and took that trade I mentioned on the NZD/USD And then each day we looked at the daily charts. Now, because that’s 5 p.m. New York time. At the same time, the 12 hour charts, the 8 and the 6 hours closed. And so we scanned those, three other time frame charts as well. And we post those trades on our membership site, for clients to follow and have a look at. Trading in 5 minutes a day and set and forget. So if you did nothing else, then just maybe looked once a day at the daily charts and those other three timeframe charts at the same time. You can do that and literally 5-10 minutes a day and take your trades and leave them. The other thing that I find that with, traveling is you do you spend less time looking at charts, which is a good thing. You don’t need to be glued to your charts all day. And people get stuck into that routine. They kind of feel that they need to be there looking at trades, looking at charts, interfering. You don’t. You can place your trades, leave them and walk away. And that really is the best approach that set and forget approach. It’s far more enjoyable. It’s less stressful. You just, yo

Aug 24, 20258 min

#601: Why Quality Trades Beat Quantity in Forex Trading

Why Quality Trades Beat Quantity in Forex Trading Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update #601: Why Quality Trades Beat Quantity in Forex Trading In this video: 00:36 – Trading from the US while on vacation. 01:00 – July and August can give us tougher trading conditions. 01:58 – Less trades but focus on higher quality trades. 03:00 – Look at a variety of time frame charts. 04:01 – Get onto my 17 minute masterclass. 04:08 – Blueberry Markets as a Forex Broker. 04:11 – Have a chat with us, ask us a question. Andrew Mitchem As you probably know, if you’ve been trading for any length of time, what time of year you trade can also make a big difference in your trading. Currently, summer here on holiday in the US with Paul Tillman and sometimes the summer conditions are not always the best, but we are heading towards the end of the northern hemisphere summer and, good conditions ahead. So let’s get into more right now. Andrew Mitchem Hey, traders! Andrew here at The Forex Trading Coach with video on podcast number 601. Trading from the US while on vacation. Currently on holiday in the US for vacation. Been here for a few weeks. And currently with Paul Tillman and his family here in North Carolina. Currently at Grandfather Mountain a little bit hard to see behind us. We’re up in the mist at just over 5000ft. Andrew Mitchem Point of this video though, is that we’re here trading as normal whilst on vacation or on holiday, and we’ve had a couple of really good weeks since I’ve been here. July and August can give us tougher trading conditions. And despite that, we are in the kind of the quiet time of year and Paul living here will know more about that. But northern hemisphere summertime, July, August can sometimes be tricky conditions. Andrew Mitchem But as Paul is going to explain to you, we’re heading out of those conditions and into some good ones between now and Christmas. Paul Tillman Right? So right now a lot of people are on vacations, holidays, school is out. A lot of good weather. People are out traveling. So the volumes just naturally going to be lower. Not as many people trading. So the conditions are what are it tougher or more sideways price action? Not as much. In terms of defined trends up and down trading conditions are are okay, but they’re not great. Paul Tillman Definitely see better. Earlier in the year, before the northern hemisphere summer, and we’re coming into, a nice time here in the US fall all the way up to Christmas. We’re trading conditions will be very, very nice. We’ll have much better trends and, much more quality and high probability setups to pick.. Less trades but focus on higher quality trades. Andrew Mitchem So the important thing is there is that although we’ve had some great trades, we haven’t had a lot of trades. And so it’s more about the quality of the trades that you take. And so each day we go through the daily charts and just yesterday we had two trades on the daily charts at the beginning of this week. Andrew Mitchem And we also had seven trades on the weekly chart. Paul Tillman Lots of those. Andrew Mitchem Yet the week before we had very few on the weeklies. But we did have a few trades for the month of August. So we’re looking on the completion of a candle on the close of a candle, but we’ve been very selective on the trades that we do take because of these conditions. Andrew Mitchem So it’s really important to remember it’s the quality of the trades that you take. Not so much the quantity. We’ve been really selective on the trades we’ve taken over the last couple of weeks. Just two trades yesterday on the dailies, but seven weekly chart trades and not so many on the shorter time frame charts just because of the nature of the market conditions right now. Andrew Mitchem But as Paul mentioned, you know, we are turning into that sort of August into September time. Where are you going to get better trading conditions? So more important to, to look at the charts on the close of the candle. But also you’re probably going to find more shorter time frame opportunities as well. Look at a variety of time frame charts. Paul Tillman That’s right. The great thing is our strategy works on all the time frames everything. Now we trade as low as 30 minutes or 1 hour all the way up to monthly. So lots of opportunities. You don’t have to try to, you know, do 50 or 60 trades in a week. As Andrew mentioned, it’s all about, quality of the trade more than quantity. Paul Tillman I was telling, coaching client, the other day that, you know, would you rather make 50 trades and make a couple percent a week or make ten trades in a couple of week? And obviously

Aug 17, 20254 min

#600: How to Stay Profitable in Any Market

How to Stay Profitable in Any Market Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update #600: How to Stay Profitable in Any Market In this video: 00:35 – Joined by Paul Tillman in the US. 00:55 – How Paul joined TFTC as a client and then coach. 01:42 – Paul’s role at TFTC. 02:18 – The TFTC strategy has never changed. 03:34 – Why would a strategy work on just one pair or time frame? 04:13 – Paul’s advice to people who are looking to become a good trader. 05:03 – Join my Masterclass. 05:14 – Blueberry Markets. 05:45 – Paul’s best financial decision. Andrew Mitchem The Forex Trading Coaches over 16 years old, and we’ve been providing information for traders right around the world for a long time. And this is video podcast number 600 where I’m in the US with Paul Tillman. So let’s talk about the longevity of what we do and the quality of what we offer and how we can help you to trade successfully. Andrew Mitchem Let’s get into that a more right now. Andrew Mitchem Hey traders. Andrew here The Forex Trading Coach with video and podcast number 600. Joined by Paul Tillman in the US. Andrew Mitchem I’m joined here in the US in Asheville at Biltmore House with Paul Tillman. Paul Tillman Hey everyone. Glad to see here. 600 episode big milestone. Andrew Mitchem It is indeed. And one of the things that we like to talk about at The Forex Trading Coach is the consistency of what we offer and the longevity of what we offer. How Paul joined TFTC as a client and then coach. Now, Paul, maybe you could just give a bit of an introduction of yourself and how we got to meet each other and work together. Paul Tillman Absolutely. So, Paul Tillman, I live here, in North Carolina, and I joined Andrew as a client just over ten years ago. I tried to find red flags from a previous experience, and Andrew didn’t have any, so, I joined in, and after two years, I said, hey, Andrew, I’d love to, help work with you. And, I have that kind of representative of, trading here for the Forex Trading Coach, in the US and, this side of the world. Paul Tillman So, it’s been eight and a half years. We’ve been working together. Andrew came along, and visited here in North Carolina about eight years ago to check things out, make sure everything was legit and good. And, it’s been a wonderful, eight years, together. Paul’s role at TFTC. Andrew Mitchem And, Paul, your role in the coaching business and helping people. Paul Tillman Sure. So I’m the Director of Coaching here. I help out with, one on one coaching sessions as well as, the webinars. We do a US webinar. Our forum site, our chat room area, daily trade suggestions. Just general coaching help. Trading help. Yes, sort to do a little bit of everything. Andrew Mitchem Nice. And one of the things with the 16 years that we’ve been running is that we offer consistency not into only what we do as well, but also the strategy. I think that so. The TFTC strategy has never changed. Paul Tillman That’s right. Yes. So ever since I came one and sort of history that the strategy hasn’t changed. We’ve added things like a U.S webinar, we added our forum site and chat room area, that real community of traders. But nothing’s ever changed. It’s not the next shiny object. Or we do something for six months and then we change it. Paul Tillman None of that. It’s the same strategy since the very beginning, and that helps with consistency. And you’re doing the same thing every time, which look at you consistently profitable or retired. Yeah. Andrew Mitchem And the only other thing, I suppose we have added, because the nature of the market is there are more time frames available now, especially for traders using MT5 where you get other charts like 2 hours, 3 hours, 6, 8, 12 built in. And of course there’s more markets for a lot of people as well. You know, we now offer or look at metals and, and cryptos and indices and commodities because they are now available to so many more people, which is, pleasing from our point of view, because the strategy, which was of course, a forex strategy works exactly the same. Paul Tillman Yeah, it works on every time frame and every market. I mean, all the exotics, cryptos, commodities, ones that Andrew mentioned it all works on all of it. Which is which is great. You don’t have to have one strategy for a certain set and another one for another set, which is just confusing and not worth it. So, it works with everything. Why would a strategy work on just one pair or time frame? Andrew Mitchem It’s. That’s right. And one of the things that I found personally when I started trading, like, well over 20 years ago where people were having strategi

Aug 10, 20256 min

#599: How to Trade in 5 Minutes a Day While Traveling the U.S

How to Trade in 5 Minutes a Day While Traveling the U.S Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update #599: How to Trade in 5 Minutes a Day While Traveling the U.S In this video: 00:23 – Trading while on holiday travelling the US. 00:59 – Results from the first 2 weeks. 01:41 – Trading and travelling in Europe too. 02:59 – 30 minutes of trading in the week. 03:10 – Follow long here https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel/ 03:42 – Catching up with Paul Tillman next week. What’s it like to trade and travel the U.S. at the same time? I’m in Nashville. I’m going to update you with some great results that we’ve had in the last two weeks since we’ve been here. Let’s get into that a more right now. Trading while on holiday travelling the US. Hey traders! Andrew Mitchem here at The Forex Trading Coach video in podcast number 599. I hope you can hear me. All right. With the background noise here. I’m just off Broadway in Nashville in the U.S. we’ve been over here for almost two weeks, and I’ve been documenting my trades that I’ve been taking just once a day for literally five minutes. And the market’s been fairly quiet both week so far since I’ve been here on Monday, Tuesday, Wednesday. But, sort of Wednesday and Thursday and Friday especially, it’s just really taking off and we’ve had some excellent trades. Results from the first 2 weeks. So if you did nothing else and just followed the trades that I took last week, and you had a risk of just half of 1% for trade, you’d have made a 4.4% account gain. This week so far, and I’m recording this on Wednesday evening here in the U.S. and of course, we’ve still got probably the best trading, conditions to come for the week so far. We’re up 2.5% so far, and that’s just trading daily charts. I’ve taken a two hour trade and, an eight hour trade and a 12 hour trade this week, and that’s it. So very little action happening on the charts. But when we’ve had the trades setting up that we’ve taken off been incredibly good. Trading and travelling in Europe too. And so if you’ve been following me for some time, you didn’t know that a number of years ago. I did exactly the same as this on a trip around the UK, in Europe with my family. This time we’re here in the US, for my wife’s 50th birthday. Just the two of us having an awesome time. I’ve done over 2000 miles so far in two weeks, so it’s a lot of driving as well. You kind of forget how big this place is, but my point being is that it doesn’t matter whether you’re traveling around the US or around Europe or traveling anywhere, it doesn’t really matter. You could just say, well, I’m going to be at home doing normal things. I could be, you know, doing normal work or family riding things. Whatever it is, it doesn’t matter. The point being is that you can trade and do incredibly well with very low risk per trade, low drawdowns on either your own account or if you prop firms is your thing, whatever it whatever works for you, your normal life can carry on and you can just trade once a day. Follow what we do. Get to learn how to do that for yourself, and whether you want to do cool things like this, you know whether the place is buzzing. You know it’s early hours of the evening. It’s only 7:00 here local time. 30 minutes of trading in the week It’s fantastic to be able to travel around the world, literally spend 30 minutes in a week, tops. Follow long here https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel/ Absolutely tops. And have results like that 4.4% last week, 2.5% so far. This week on close trades. But you know, who knows what this end, week might end up with. But what I’m going to do is keep documenting those trades, keep taking them, and you can follow along. So, there’s a link that you’ll find here where you can look at the videos I’m making sort of four or 5 or 6 videos a week, depending on what’s happening in the market. And you can follow along with those trades. And see how they progress and do exactly the same for yourself. So have a look at the link bits on here. Catching up with Paul Tillman next week. And, I’ll see you this time next week. Where I’m going to catch up with Paul Tillman, for our video on podcast number 600. So once again, this is Andrew Mitchem. Off to enjoy the night life. I hope you like the shirt by the way. This is the Beatle Shirt. Off to enjoy the nightlife in Nashville with some music and some great barbecue. I’ll see you this time next week. Bye for now. Episode Title: #599: How to Trade in 5 Minut

Aug 3, 20254 min

#598: Forex Tips for Passive Investors by Andrew Mitchem, Patrick Grimes & Steven Primo

Forex Tips for Passive Investors by Andrew Mitchem, Patrick Grimes & Steven Primo Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here to Watch Prop Firm Masterclass #598: Forex Tips for Passive Investors by Andrew Mitchem, Patrick Grimes & Steven Primo In this video: 00:25 – Top trading strategies for passive investors. 05:50 – Why I choose to trade the FX market. 11:47 – The ability to Buy and Sell. 15:03 – How much time do you need to trade daily? 25:00 – Why so many retail traders lose money. 41:40 – Do you want to invest in your trading education? Patrick Grimes: Right. This is Patrick Grimes and I’m really excited to be here today with some awesome people to talk about a completely new alternative investing strategy we have not dug into to this level before. Top trading strategies for passive investors. Two heavy hitters to talk about it. And that is top currency trading strategies for passive investors, also known as Forex. What is that? How does it work? What are the risks? We’re going to dig into all that today. How to be successful at it. Is it passive, is it not? These are all really cool things, and I’m excited to learn about it along with you. I haven’t done this, and this is one of the passion projects. This is my passion project here. This is our Alternative Investing Mastery series and put on by Passive Investing Mastery and myself. And why are we doing this? We’re doing this because we want to educate investors to achieve mastery in the art of passive alternative investing strategies. So you keep your life back. You can be passive, but you get into alternatives. You’re just all about the stock market, this is not the right event for you or the right series for you because we’re about non-correlated investments outside of the stock market. Ones that don’t rise and fall together. Now, we educate here. It’s important for us. I’m on over a hundred podcasts and books. I’ve written articles and forums and others. It’s all on my website. I actually give away a couple of bestselling books for free on our website, if you’re interested. I actually sign them and send them out, help inspire people along their journey. And we have this bi-weekly webinar series, which seems to have turned into a weekly webinar series, always featuring a Blue Ocean approach of different alternative strategies. Now, we’re doing this because we believe financial security happens through a lot of different allocations into different markets, which can only be achieved into these very unique kind of novel alt strategies. And we want you to get to that point where you have true, not just independence, but security, and the abundance, the financial abundance you need for the causes you care about most. That’s our mission here. We do that through education and through sponsoring best-in-class alternative investments, which you can check it on our website. The next event, before we go any further, make sure you jump in there, one week from today, Venture Capital for Passive Investors: Syndication Strategies That Works. I don’t do a lot of venture capital. It’s not really my bag, but a lot of people do. And a couple friends of mine that I’m in large, very large real estate deals with that have invested huge and were some partners in some of these deals. Isaac Bennett works for a venture capital firm. I’m in some Masterminds with him. And he is doing real estate and venture capital. Trey Taylor is a family office. He manages his own and all of his relatives, his extended family’s funds, and he also does angel and venture. So we’re going to talk about it. He’s going to be there as well. It’s going to be a fascinating conversation. Known both these guys for some time. And what are the different funding options and venture capital risk rewards? How to leverage syndications? What are angel investments and family office and high growth startups? What are these things that allow you to really build that true resilient portfolio? So we’ll go through all of that today. But today, currency trading strategies. Really excited about this. So let’s go to our panelists right now. We have Andrew Mitchem. It’s tomorrow for him. He’s in New Zealand right now, so I appreciate you jumping across the pond virtually for us, Andrew. Andrew Mitchem: Lovely to be here, Patrick. Patrick Grimes: And by the way, Forex is not like real estate. It is global. You’re trading global currencies. So these educators is over 108 countries he’s trading in right now. It doesn’t matter where this expert is, if he’s somewhere on the planet Earth and he’s got something relevant to say for you and America about Forex trading. So he’s a full-time currency trader and investor since 2003, founder of the Forex Trading Coach, providing training to traders in over 108 countries. Pretty awesome. Developed a profitable t

Jul 27, 20251h 14m

#597: Trading on Vacation: How to Do It Right

Trading on Vacation: How to Do It Right Podcast: Sign Up to Watch My Trading Videos While Traveling in the US 30 Minute Forex Trader Updates (UK Travel) Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #597: Trading on Vacation: How to Do It Right In this video: 00:24 – Trading and travelling. 01:06 – Follow me on my 4 weeks road trip around the US. 02:14 – Where you live is irrelevant. 02:46 – Sign up to be notified when I make a new trading video https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel/ 03:26 – My Europe trip from 2019, see here https://theforextradingcoach.com/the-30-minute-forex-trader-updates/ 04:20 – Blueberry Markets as a Forex Broker. 04:39 – Watch my Masterclass. 04:50 – Have a chat with us. In today’s video, I’m going to talk about how you can trade and travel at the same time and enjoy both. So let’s get into that and more right now. Hi there. Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 597. Trading and travelling. Today I want to talk all about trading and traveling. I’m here in New Zealand still. Although it’s the middle of winter it’s a stunning day. But by the time you get to watch this video, I’m going to be in Texas and we are in the States for several weeks for my wife’s 50th birthday, and we’re doing a tour of the US. And while I’m in the US, I’m going to be trading and traveling and I’m going to be documenting that process so you can see how easy it is with my strategy to be able to trade while you are traveling, while you’re enjoying a holiday or vacation, or whether it’s just normal life with, you know, everything that happens with work and jobs and kids, hobbies, etc. Follow me on my 4 weeks road trip around the US. What I want to show you is whether it is traveling or not, whatever it might be that you want to do, you can trade at the same time and you’re not getting in the way of you’re traveling and you’re trading doesn’t take all day. So that’s what I want to show you. But by the time you get to watch this video, all being well, I will be in Texas. And because today when you see this video will be a Monday, we would have looked through the weekly charts and the daily charts, and it would have taken us 20 minutes that say tops and place the trades, and that’s it for the day. And then during the week, each day I’ll be looking at the, daily charts again, just at exactly the same as normal. Apart from it’s just a different local start time because I’ll be in the US. It will be in the evening or afternoon time. 5 p.m. New York time is when the daily charts change over. So for me, normally that’s, the morning of the next day here in New Zealand, but because I’ll be on that time zone or close to that time zone, it’ll be in the afternoon when I’m seeing those trades and placing those trades. Where you live is irrelevant. Now, it doesn’t matter where you live in the world, because the way that we trade using my strategy is that we use limit orders. So you don’t have to be there at 5 p.m. New York time. And again, I’m going to show you that because there will be some days over the next few weeks while I’m in the US, that there’ll be other things happening. I’ll be doing something, I’ll be traveling, whatever it might be, that I cannot be at my computer at 5 p.m.. And it doesn’t matter, because later on that afternoon or evening I can still go and place the trades. And that’s the beauty of the way that we trade using my strategy. So I want to document that. Sign up to be notified when I make a new trading video https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel/ If you’d like to follow along and be notified of when I’m releasing videos and some will be live, I’m looking at doing a few Facebook Live, a few YouTube live, videos showing me taking the trades and analyzing the charts and of course the results. So nothing is going to be hidden. It’s all going to be aboveboard. Whether results, you know, favorable or not. We’re going to show you everything that all the trades that I’m taking while away, the reasons why I’m taking them and the outcome and the results. So if you’d like to find out how we do that and you’d like to follow along on that trip while I’m in the US, I’m going to put the link here and that you can sign up to and be notified of when I release those videos. My Europe trip from 2019, see here https://theforextradingcoach.com/the-30-minute-forex-trader-updates/ If you’re out there just looking to see how we do th

Jul 20, 20255 min

#596: How to Pass Prop Firm Challenges with Andrew Mitchem & Etienne Crete

How to Pass Prop Firm Challenges with Andrew Mitchem & Etienne Crete Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #596: How to Pass Prop Firm Challenges with Andrew Mitchem & Etienne Crete In this video: 00:05 – Passing a prop firm challenge. 00:19 – Talking prop firm challenges with Etienne Crete. 00:45 – Horror stories from traders starting a prop firm too early. 02:08 – How to start trading on a prop firm account. 03:13 – How to pick a prop firm. 06:10 – How much should you risk per trade. 08:10 – Treat a demo, a live and a prop firm account the same. 10:25 – Have a proven strategy first before getting on a prop firm account. 15:28 – Does the prop firm have the markets you trade available? 17:15 – How to find us and how to join us at The Forex Trading Coach Passing a prop firm challenge. Andrew Mitchem If you’re on a $10,000 prop firm, you know, you you’re risking quite tiny amounts, but that’s fine, you know? But just go very, very small because just don’t get stopped out and you’ll eventually, you know, if you’re trading good enough, you’ll eventually get to that profit target. Talking prop firm challenges with Etienne Crete. Etienne Crete Sitting down today with Andrew Mitchem. we want to do an episode specifically about prop firms and what it takes to become a funded trader, but also kind of scale things up. And you get to the next level of performance to scale it up to, we can make more money trading with more capital. So Andrew welcome back on the podcast. Continue here. Etienne Crete Let’s start with this. I actually get people who reach out to you and kind of ask you about prop firms and how they should go about it. What’s your first train of thought into what is the right time to go for prop firm? Horror stories from traders starting a prop firm too early. Andrew Mitchem Okay, I find that so many people tell me stories. In that kind of horror stories, they jump in too quick. And I think people aren’t doing it realistically. They jump in because they see it as maybe I don’t have enough money myself. And it’s a it’s a good way of potentially earning funds and, and commissions, etc., but they don’t have any, background into trading properly themselves. Andrew Mitchem You know, they don’t have a strategy, the confident in them. And they have proven themselves first. And I think that’s the pitfall that too many people jump into. Etienne Crete Definitely like trying to get capital before you are profitable trader. Andrew Mitchem Yeah. I mean, I just tell people maybe you look at it and, you know, 6 to 12 months time, be real about this. Yes, look prop firm can be absolutely fantastic once you know what you’re doing. But spend some time upfront to learn the process of trading. Forget how much money you make. Don’t even look at money. Andrew Mitchem Just understand the process of trading. You know, low risk, etc., low drawdowns, because ultimately that’s the thing. It’s going to get you through a pot firm. And if you don’t understand that hitting that drawdown criteria is what’s going to make you lose your money. Etienne Crete How do you someone interested in the process? Because a lot of people are going to, of course, focus on the outcome, trying to get the result, how do you get them to, first of all, follow the process? But they kind of have to be interested in then involved in it too. Andrew Mitchem How to start trading on a prop firm account. Andrew Mitchem Yeah, it’s a tricky one because everybody wants the results and everybody wants the money. I suppose all I can do is probably a little bit like is keep going on and on and on with the same story, because ultimately that’s the best way you’re going to get a result. You know, you almost got beaten into people was like, please don’t waste your time away or waste your money, focus on the process of knowing how to trade or just make sure you’re consistently profitable. I do suggest to people that when they start, use a demo, you know, for a reason, be profitable on that. Go on to a small live account. Be consistently profitable on that, then maybe a slightly bigger live account, and use all those like that experience and those emotions that you’re going to have. Andrew Mitchem And get that right first before going on to a prop fund, because otherwise you’re just spending $500 and wasting you money. Etienne Crete In terms of platform, there’s a lot of choice. Are there? You can think, of course, so many different names is one that’s been around for a longer time, some that are newer and more competitive or kind of nicer offerings. How do you actually get to pick the pro

Jul 13, 202518 min

#595: Join Me as I Trade in 30 Minutes a Day While Exploring the US

Join Me as I Trade in 30 Minutes a Day While Exploring the US Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass Click Here to Access the 30 Minute Trader Page #595: Join Me as I Trade in 30 Minutes a Day While Exploring the US In this video: 00:30 – I’m heading to the US 00:59 – Trading and travelling – Join me. 02:05 – Catching up with Paul Tillman. 02:20 – 20-30 minutes chart time each day. 03:05 – Trading and enjoying life. 03:23 – Get onto my 17 minutes masterclass. 03:37 – Have a chat with us. 03:45 – Blueberry Markets as a Forex Broker. Would you like to be able to travel and trade at the same time, and make money while you’re on holiday? If that’s something you’d be interested in, listen up. I’ve got a great podcast and video for you. Let’s get into it right now. Hey there, Traders! It’s Andrew Mitchem here at the Forex Trading Coach video on podcast number 595. I’m heading to the US Just a few months ago, my wife celebrated her 50th birthday. And so, to celebrate that we are off in a short time to the US and we’re going to be traveling around the US looking to have a great time. Lots of experiences. Meet some great people. While we’re there though, I’m going to be trading while some traveling while some on holiday. I’m going to be trading exactly the same as I do at home here in my home office in New Zealand. Trading and travelling – Join me. And during that time I’m going to be taking some videos, maybe doing some live feeds and showing you the trades that we’re taking and the results of those trades. So if you’d like to follow along while I’m doing that, then I’d love to share that journey and experience with you. We’re flying in and out of Houston, and so being in Texas, I have to go and experience, some Texan barbecue. I’ve been there before, but this time it’s with my wife. It’s going to be, just the two of us traveling around having a great time. So I’m big into my barbecue. Want to see how they do it correctly and the right way of doing it in Texas. And as you may know, I’m now heavily into my music with, guitar playing and that starting to sing. So Memphis and Nashville, we’ve got to go there and experience what those, two great places have to offer. After all, we’re going there for my wife’s birthday, and she’s into horses. So we’re going up to Kentucky to, have a look around a few horse studs, and she farms up that way. Catching up with Paul Tillman. And then we’re back to North Carolina to catch up with Paul, who works with me and his family. And, we’re going to do some traveling with him, and then we’ll make our way back down via New Orleans and back to Houston. So that’s going to be our trip. 20-30 minutes chart time each day. And as mentioned, I’m going to be trading exactly the same. You’ll be taking trades exactly the same. And probably 20-30 minutes max chart time of day. Enjoy the rest of the day. Trade travel. Make money whilst on holiday. And so the beauty of that is with the laptop of course. Take my phone for a hotspot. That’s all I need. So I’ve done it before. And you may have in the past seen when I’ve done similar things. Traveling around Europe and the UK and India and America in the past. And so we’ve done this many times and it just shows how you can quite easily trade and travel well. If you’re not traveling. That doesn’t matter. Trading and enjoying life. It shows how you can trade and carry on with normal things in life, whether it be work or family or hobbies, whatever it is, and just fitting around your trading around what you do. So follow along. That journey was over there in the US enjoying some, Northern hemisphere sunshine. And if you’d like to find out how we trade right. Get onto my 17 minutes masterclass. Now, you can, click on the link here to attend my masterclass. It’s on demand. Just click on it and it’s about 20 minutes long. This watch it and follow along and enjoy it. Have a chat with us. If you’d like to come on board and join our trading community. All you need to do is click on the link and book a call to see where the right fit for each other. Blueberry Markets as a Forex Broker. And if you’re out there looking for a very, very good broker with lots of different time frame charts, lots of markets, very fast withdrawal times, and the best customer service you’ll find. Click on the link to experience the fantastic Blueberry markets as a forex broker. So that’s it for now. And, look forward to talking to you this time next week. Bye for now. Episode Title: #595: Join Me as I Trade in 30 Minutes a Day

Jul 4, 20254 min

#594: Andrew Mitchem and Marc Walton: Top 5 Forex Mistakes & How to Avoid Them

Andrew Mitchem and Marc Walton: Top 5 Forex Mistakes & How to Avoid Them Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #594: Andrew Mitchem and Marc Walton: Top 5 Forex Mistakes & How to Avoid Them In this video: 00:12 – Andrew and Marc discuss their backgrounds and how they started trading. 08:18 – Become a better trader and have a check list. 15:00 – Trading Gold and Silver. 20:53 – Trading Bots and brokers widening spreads. 29:30 – Riding a bike is like learning to trade. 34:00 – Marc’s average day and setting up the new trading week. 39:15 – Trading keeps you mentally active. 44:50 – How can you monetise your knowledge. 50:33 – Trading and living where we want to. Andrew Mitchem: Alrighty! Hi, everybody! Andrew Mitchem here at The Forex Trading Coach. I’m really excited today to be joined by Marc Walton from Forex Mentor Pro. Good day, Marc! Nice to see you. Marc Walton: Good day. How are you. Andrew and Marc discuss their backgrounds and how they started trading. Andrew Mitchem: Very very well thank you. I thought Marc, we’d just, spend half an hour. So I just have a bit of a chat two people been trading. Sounds like similar amount of time, some backgrounds. And, just give people a bit of a insight of what we’ve done over the years and, and, the pros and cons of what we’ve done and how we’re trading today and the changes we’ve seen. Marc Walton: Yeah. I was just saying just saying your path is very similar to mine. We neither of us came from finance. I actually failed math. So level three times. Andrew Mitchem: Right? Marc Walton: It’s ironic. I also have something called dyspraxia, which I never realized until, like, one of my kids had it. But the only way really affects me is I’m not very. I’m kind of number blind, which is bizarre considering what we do for a living. Yeah, yeah. But yeah. But then again, it’s to me it’s all about pattern recognition. Marc Walton: And so I think the main thing is for folks not to get too stressed with, the math side of things, as long as you can control the risk and, and work a simple calculator for it to get the risk right, then maths is not important. I was saying to you earlier, I left the UK. When I left the UK early 2000. Marc Walton: Went to live on a little island off the coast of Africa, the Lanzarote in the Canary Islands, which was which is a beautiful place to live. And, I went to sing and play guitar in a band for five years and, thought I’d semi-retired at 40. And then you realize when you retire, you spend more money than you ever did, because. Marc Walton: Right. Well, kids in school did now and then, you’ve got so much free time. So I started looking at trying to make money online. Stumbled on forex, which 20 years ago there was hardly any of it. We we have the other extreme nowadays, as we know with, with YouTube, where there’s millions of people stood next to their mates, Ferrari or whatever in Dubai and, and pitching this and the other and they said that, I mean, I paid $4,000, I think, for a course, 20 years ago and, struggled like everybody else. Marc Walton: And, and I did a webinar with the other day with my mentor, Rich, who’s a psychologist, and I have the list here of things that went wrong in my trading. And when he put this slide up for the benefit of people in the webinar, it was like, oh crikey, it’s me again. So I’ll just read a few. Marc Walton: It’s yeah, I see this. They repeat the same errors over and over again over trading. I’ve tried to pull the trigger over a leveraging retrench, revenge trading, afraid to lose money. Room by emotions, cook win is short. Let loose his run not disciplined. Jump from system to system. And there’s many more. And, I did all of them and, I, I know from your background with farming and things, you probably. I’m guessing, did the same thing. Is that your reason for getting involved? Andrew Mitchem: Yeah. Trading. So, I got into trading, actually, as a result of having a young child at the time and going through divorce, it was. It was forced on me. So I was dairy farming and, which I was when my family had been dairy farming through England moved to New Zealand, you know, it was nearly 30 years ago. Andrew Mitchem: I had the dream. Well, I eventually did some work, you know, different companies actually bought a farm and it kind of all then imploded. It all went wrong. And and it was like, what do I do now? Marc Walton: Yeah. Andrew Mitchem: And I was looking after my son. Not full time, but fairly close at times. And yeah, I can’t go and be a rep for a company. I can’t go and work on another farm. What do I do that allows me to work from home and look after him? And I&

Jun 27, 202551 min

#593: Why I Trade Coffee, Cocoa, and Crypto Too

Why I Trade Coffee, Cocoa, and Crypto Too Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #593: Why I Trade Coffee, Cocoa, and Crypto Too In this video: 00:27 – We don’t only trade the Forex market. 01:06 – More metals now available. 01:25 – We trade Indices, Commodities and Cryptos. 01:56 – More trading opportunities for high quality patterns. 03:14 – Trades I have open right now on non-FX markets. 03:50 – All trades have equal and low risk. 05:23 – Get onto my 17 minutes masterclass. 05:44 – Have a chat with us. 06:15 – Blueberry Markets as a Forex Broker. Today, I want to explain to you why we don’t only trade the forex market. We look at other markets as well. So let’s talk about that more right now. Hey there, Forex Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 593. We don’t only trade the Forex market. Now being called The Forex Trading Coach you would assume that we trade only the forex market. Well we used to. And that’s because years ago all that was available to us were forex pairs. And like the GBP/USD and USD/JPY, USD/CHF, etc. the main pairs. And then over time more and more pairs. What were called exotics or minor pairs got added. Things like NZD/CAD and then other pairs got added as times gone on, like ZAR/JPY, things like that, some more and more have been added. And then years ago they introduced a couple of metals and we could trade gold and silver against the US. More metals now available. And then more recently we’ve got access to more metal markets. So example Gold and Silver against the Pound and against the Uen and against the Chinese Yuan and different crosses like that, but also more metals such as, Palladium and Platinum and Copper. We trade Indices, Commodities and Cryptos. We can trade indices like the Nasdaq and different American markets and different Canadian and Swiss franc markets, Yen markets. We can trade, things like commodities. We can trade coffees and Cocoas. We can trade cryptos, Bitcoins and Ethereums, etc.. So the beauty of trading today on a platform such as MetaTrader 5 is that you have access to so many more markets. More trading opportunities for high quality patterns. And you could think of that and go, well that’s just going to create more work. Andrew. No, not at all. What it does is it gives you the opportunity once you know what you’re looking for, and once you have a strategy that you can scan through the markets really quick, it’s giving you more and more opportunity to look for the pattern on a higher quality chart. So for example, years ago you might have said, well, this trade on the GBP/USD, it’s okay. It doesn’t quite fit my criteria but it’s okay. And you might have taken that trade. Rightly or wrongly. Whereas now you’ve got the opportunity to scan through more and more markets. And so the way that we trade I don’t particularly care what I trade. It’s the pattern that I’m looking for. It’s where has that candle formation appeared within the chart. Has it got room to move to? The profit target has the stop loss got protection? All these type of things that we look for. And so if I’m trading the pattern, I’m giving myself a very high probability chance of success, because I’m looking for only the highest quality patterns, regardless of the market or direction. So simply because I live in New Zealand, it doesn’t mean I have to trade New Zealand dollar pairs more, or I have to trade the EUR/USD because it’s the biggest traded forex pair. Not at all. Trades I have open right now on non-FX markets. As an example, I’ve got a a monthly chart trade on Cafaro, which is one of the coffee markets on the commodities. I’ve got two weekly chart trades open right now on Dogecoin and Solana. I’ve got a daily chart trade that I’m taking later today on UK Cocoa. I’ve just placed behind me here two 12 hour chart trades on UK oil and US oil. And so by identifying those high quality set ups, I can give myself just a great chance of having a successful trade. All trades have equal and low risk. Now every trade that I take, regardless of the market, they whether it’s a forex pair, what the pair is, the direction, the time frame of the chart, stop loss of the trade. None of that matters in terms of each one of my trades has low and equal risk. So the trade on today’s UK cocoa would have the same risk as the trade on the monthly, coffee. Or if I’m taking a four hour chart trade later today on the EUR/USD, it has the same equal risk. And likewise they have the same reward to risk. And so therefore the actual market that I tracked, the direction, the time frame chart that I

Jun 20, 20256 min

#592: Two Traders Talk Prop Firm Trading, Mindset and Lifestyle

Two Traders Talk Prop Firm Trading, Mindset and Lifestyle Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #592: Two Traders Talk Prop Firm Trading, Mindset and Lifestyle In this video: 00:25 – Andrew Mitchem and Rimantas Petrauskas talk trading. 01:05 – Rimantas’s background and how he got into trading and coding. 05:12 – Andrew’s background and how he started trading. 06:50 – How Rimantas discovered trading. 14:15 – Andrew’s style of trading. 20:40 – Breakthroughs for Rimantas. 29:39 – The dangers of algorithm trading. 36:12 – Controlling your emotions. 43:45 – Prop firm trading. 51:49 – How much do you really want to be a good trader? 58:39 – Andrew’s and Rimantas lifestyle outside of trading. 01:05:20 – Controlling your risk as a trader. 01:10:05 – Summary and contacting Rimantas https://www.mt4copier.com/ Hi everybody. It’s Andrew Mitchem here at the Forex Trading Coach. I’m, really pleased to be joined today by Rimantas Petrauskas, who’s over in Lithuania. Rimantas lovely to see you. Nice. Nice to be there. Thanks Andrew for having me here. Awesome! Look, I think we’ll be really cool if we can give everybody the next half an hour or so, depending on how long we spend. Andrew Mitchem and Rimantas Petrauskas talk trading Just talking a little bit about us, how we got into trading difficulties are trading, breakthrough secrets. That we found, you know, things that we’re looking at doing into the future. Some pitfalls that people may have, you know, the common issues that people fall into. And then to show everybody a little bit about us as people and what we do with, you know, friends, family, hobbies, etc. would be really cool. If we can do that because, I think we’ve both got a very similar kind of story, different different topics and different hobbies, but kind of similar in a way on different sides of the planet. Rimantas’s background and how he got into trading and coding. So, yeah. Tell us about yourself. Where are you based? And, and you know, family background, etc.. Yeah. So I just mute the phone. It’s just buzzing there. So I am from Lithuania. Yes. A small country in Europe. A lot of people don’t even heard about it. Like when I travel to US or somewhere, somewhere further from from Europe. A lot of people though, you know, like, where is it? You know, and I’m like, oh, it’s next to Poland, this small country, you know. So we have to do some background story about Lithuania. So yeah, I’m born and raised here all my life. I love living there. Lifestyle, taxes low, you know, all that stuff. And you can pretty much travel anywhere you want, especially with the freedom that you are on business. And, and trading can give you. Yeah. So that’s what I love about it. And, yeah, my story began, I would always say 15, 16 years ago, you know, you know the saying, well, there’s this, famous saying, they say, you get you get you get two lives, like the first one when you’re born and the second one when you realize that there is not, you know, the time is not unlimited. Yeah. So that’s when you start living. So I remember in like 2009, I went through a lot of transformations. I lost 30kg. I started exercising and started eating healthy. Started learning, you know, developing myself basically got into self-development, reading a lot of books, courses, starting flying to seminars, all that stuff, basically. So there’s been going on ever since, you know. So I always improve myself year after year after year. So I created my own business, got into trading, and it just never stops, you know, and I believe that it’s one of the most important things for everybody. It’s like, especially those who who feel stuck, you know, those people who feel stuck. There is a reason why you’re stuck. And the only way to get unstuck and move forward is to get yourself better. Every day. There is this, Japanese thing called Kaizen. It’s like getting better every day by just one step, one person. Right? You know, one thing a day. Yeah. One thing. And and we’ll we’ll have the same 24 hours, which, you know, eight of those eight of those will go to sleeping and other things. And your work and like, you know, but everybody of us can find one or a few hours a day that you can work on yourself or your dream or whatever the that’s, you know, or getting unstuck. So I remember when I started doing that, I just couldn’t stop, you know? So so now whatever a new day comes, I know I have a limited amount of hours basically, so I always want to improve myself in one year or another, you know? So that’s pretty much what’s been going on. And I love seeing in the past years and looking how much I’ve imp

Jun 13, 20251h 11m

#591: Why Smart Traders Let the Market Come to Them

Why Smart Traders Let the Market Come to Them Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #591: Why Smart Traders Let the Market Come to Them In this video: 00:32 – Why does the trade always go against you? 01:22 – Why do you enter the trade where you do? 02:32 – I use limit orders to enter a trade. 04:22 – Entering the market for a reason. 04:50 – Get onto my 17 minute masterclass. 05:18 – Blueberry Markets as a Forex Broker. Do you feel that as soon as you enter a trade, the market goes completely against you? You’ve entered a buy trade. What happens? The market drops. Well, if you do. I’ve got a great solution for you to help you with that problem. So let’s find out about that a more right now. Hey there, Traders. It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 591. Why does the trade always go against you? An issue that I find so many people feel that they have is they see a trade. They place a trade. Let’s say they place a buy trade on the EUR/USD and they’re expecting the market obviously to move up. Well, what happens when market moves down. And they feel that as soon as they get into that buy trade the market’s changed direction. It falls against them. And they take a loss on the trade. And they feel frustration because it’s almost like the market knew I was ready to place a buy trade. And it waited for me to place that buy trade. And then it fell. Why does that happen? Complete and utter frustration. And people feel it all the time. And they have done for years and years. And I know when I started trading, I used to feel exactly the same. So there’s a few things here to help you with. Why do you enter the trade where you do? When you place that buy trade, for example, why do you place that buy trade at the time you do? Do you place that buy trade? For a technical reason, let’s say if you’re a technical trader, do you place it at a just above a round number or just above a previous support level or a resistance level from a while ago now becomes a new support level, a swing low that may have been at that level already, or it’s the daily pivot point. Or why do you place that trade? Do you have anything else to back the reason for entering that trade right now, other than “I’m ready, I’ve seen a set up, I’m placing buy”. Because if all you’re doing is placing by for some random reason, then why would the market suddenly go in your direction? Because quite often you might be finding that the market will keep falling back to that support level or something which is below your entry price. Don’t forget that most people place a trade because they happen to be ready, and that’s not how you should trade. I use limit orders to enter a trade. For me in most of my trading, I’m mainly use what are called limit orders. So as a buy trade, for example, I’m entering below the current price and I enter the trades for a reason at that price for a reason. So I’m not expecting just to randomly go buy sell, buy sell because I happen to be ready. What you should be doing is looking. Let’s say you’re talking about this same buy trade. And let’s say that the market’s been moving up really nicely and it pulls back rather than just buying randomly, more likely near the top of the market. Wait for it to retrace and then into your buy trade. So when you think about this logically, with a buy trade, a buy limit order, I’m buying below the current price. So naturally I’m expecting the market to move in waves up and down, which it does naturally anyway. It’s just by using that buy limit order. I’m not sitting there waiting for it to keep coming back and back and back and back and back and now I’m going to press buy. I’m not doing that. I’m seeing the trade set up and I’m saying I’m taking a buy trade here. If or when the price pulls back to this level first, and then I’m entering the buy order or the buy limit does that for me because I place that with my broker. And I’m, I’m then expecting to enter that buy trade and then the market to move back up again. The great thing is that with the buy limit order, I’m not sitting there waiting for that price to come back and then having to manually enter the trade. I enter the buy limit order, place the trade. If it gets filled, it does great. And if it doesn’t, it doesn’t. Entering the market for a reason. And by doing that, I’m entering for a reason. I’m not just randomly saying I’m taking a buy now. The market’s gone against me. Why does it always do that? Grumble, groan which most people tend to do. Y

Jun 6, 20256 min

#590: What Every Struggling Trader Needs to Hear Today

What Every Struggling Trader Needs to Hear Today Podcast: Find out How We Can Help You Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #590: What Every Struggling Trader Needs to Hear Today In this video: 00:25 – What is holding you back from being a successful trader? 00:52 – Examples of common frustrations. 01:31 – Email me [email protected] 02:47 – We want people to be successful traders. 03:24 – Get onto my 17 minute masterclass. 03:33 – Blueberry Markets as a Forex Broker. 04:09 – Contact me https://theforextradingcoach.com/learn_to_trade_forex/ What’s holding you back from being a fantastic and successful trader? Let’s talk about that a more right now Hey there, Traders! It’s Andrew Mitchem here, the owner of The Forex Trading Coach with video on podcast number 590. What is holding you back from being a successful trader? So I’d like to find out from you what’s holding you back. The reason I wanted to do this is because I want to help you. We’re already, like, into June. The year is disappearing fast. So rather than the usual videos and podcasts where I’m giving you information, I thought I’d change this around and ask you to provide me with information like what is it that is holding you back? Examples of common frustrations. It might be a number of things. It’s probably not just one thing, but to give you an example. It could be that you just don’t know what you’re doing. You’ve got confusion. You’ve got analysis paralysis. You might not think you have enough money to start trading or enough time to start trading. Or you might think you live in the wrong part of the world. On the wrong time zone or too many kids. So you’re working too many hours, or your strategy doesn’t work, or you’re on forums all the time trying new things and nothing seems to work, or you think it’s time to start blaming the market, or your broker, or you’re not sure what markets to trade. There could be a variety of things. Email me [email protected] But what I’d love you to do in order for me to help you, I’d love you to send me. Send me an email. And my personal email address is [email protected]. I’ll put a link to that somewhere on this page. If you’re watching or if you’re listening, you can just write that down and email me directly. But I’d love to get some feedback from you of what are the main things. As I’ve mentioned, it’s probably not just one thing. Give me a list of reasons that’s holding you back with us that you feel is holding you back from being profitable. What is it that I can provide content with to help you to become successful? Obviously you can’t change the market. So if your issue is the market is not doing anything, which is probably not very true, but let’s say that was your issue. I can’t help you. We’ve had the market is, of course, but everything else or pretty much everything else. I can probably with my 20 plus years of experience and my 4000 plus people of clients who I’ve helped to trade. I can give you some fairly good, information back to help you the best that I can. We want people to be successful traders. And that’s what I do as a coach. I want to see people being successful. That’s the whole reason I do. What I do is the whole reason why there’s 590 videos here. Let’s try and get a community of people from right around the world of all ages and, and backgrounds and levels experience and different jobs and careers and everything else. But let’s get everybody who wants to trade, who wants to put some time and effort into their trading. Let’s get people successful. Because that’s, after all, is why we do what we do. So send me an email, give me feedback and information, and I’d love to be able to help you that, Get onto my 17 minute masterclass. If you’d like to jump on my masterclass, which is only a 20 minute long masterclass, it’s really informative, gives you information about how we trade and teach and what we do. I’ll put a link to that. Blueberry Markets as a Forex Broker. If you’re out there looking for a good broker and a broker that is a good, honest, reliable broker that’s been around for quite a number of years now, they offer the MetaTrader 4 and especially the MetaTrader 5 platform, brilliant customer service. Very fast to, get funds back to you when you withdraw funds, a massive amount of markets on their MT5 platform. Have a look at Blueberry Markets. I’ve been with them for years. I’ve sent hundreds, if not thousands of people through to them. And every time all I get is good f

Jun 1, 20254 min

#589: How Trading the Candle Close Can Improve Your Results

How Trading the Candle Close Can Improve Your Results Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #589: How Trading the Candle Close Can Improve Your Results In this video: 00:32 – When should you look at the charts? 01:05 – When we look for a new trade at The Forex Trading Coach. 02:21 – Only look for a trade at the close of a candle. 04:09 – Multiple time frame charts change over at the same time. 04:50 – Reduce the amount of chart time. 05:34 – Get onto my 17 minute masterclass or book a call with us. 05:58 – Blueberry Markets as a Forex Broker. 06:29 – Like, share and subscribe to receive notification of more trading videos. Did you know that if you only look at your charts at the close of a candle, it’s going to massively improve your trading performance and also massively reduce the amount of time that you spend looking at the charts. So let’s talk about that very important topic and more right now. Hey there, Traders! It’s Andrew Mitchem here, the owner of The Forex Trading Coach with video on podcast number 589. When should you look at the charts? So a lot of people struggle when it comes to knowing when they should be looking at their charts and what time of day that should be, what time frame charts to look at, what pairs, what markets, etc.. Is it the European session, the London session? You know, the Asian session, the US session. What is it? And they get very, very confused with all that happening. And they really don’t know when to look at charts. So as a result of that they tend to spend far too much time looking at the charts, waiting for this pip to move up and down, or that line to cross over that line or a dot to appear because it doesn’t work. When we look for a new trade at The Forex Trading Coach. So what can you do to simplify things? Well, very easy really, the way that we tried here at the Forex Trading Coach and the way that I’ve traded now for over 20 years is I only look for a potential new trade upon the close of a candle. So, you know when the candle closes, because the market opens each new day at 5 p.m. New York time. So if you were trading, let’s say, four hour charts, you know that at 5 p.m. New York time, the new day starts. So you know that four hours later from then, which will be 9 p.m. New York time, the four hour charts will change over. And therefore, you know, if you add four more hours to that becomes 1:00 Am, 5:00 Am, etc. How easy it is to know when the four hour charts change over. Now, obviously in a day this is one day the candle and you know when it changes. Obviously within the 24 hour time period there are two 12 hour charts. Guess what? There are 5 p.m. and 5 a.m. New York time. You know, there are three eight hour charts. There are four six hour charts. There are six four hour charts. Very, very easy to do this. . Only look for a trade at the close of a candle. And so if you look at the close of a candle, a number of things happen from a simplistic point of view. You know when to go and look at your charts. What does that do for you as a trader? Well, it gives you a little bit of time. You can look five minutes prior and you can scan through the charts, and you know that when they change over, if there are any suitable trade set ups, when they change over, the candle closes, nothing else moves. You can make your decision quite easily. It takes a lot of emotion out of trading because you’re not. They’re scared about moving, you know, missing every moving pip up and down. You’re not there watching this line cross over that line. And of course they keep moving. And so when the candle closes, nothing else around it, whatever indicator you’re using or horizontal level, nothing changes from that point onwards. So it makes it very easy to see. Has this bounced off this level? Has it closed below this round number? Has it bounced off a previous high of you selling all these type of things? Has it had a trend line break? All the different things you might look at on indicators even they’re set. They are not constantly moving. So not only do you know when to go and look at your charts, you can get a bit of a heads up for a few minutes prior. You can make your decision. It removes a lot of the emotion out of your trading because you’re not there, scared that things are changing, or I took this trade because this line crossed that one. And like a couple minutes later, they cross back again and it’s like, oh, well, that was a shame because when I took the trade, it was looking good. Now it’s not looking good. None of that will happen if you trade on the close of a completed candle. You know when to look. You know what to look for. You can look in advance. Everything set. It’s so mu

May 24, 20256 min

#588: What You MUST Know Before Using AI in Forex

What You MUST Know Before Using AI in Forex Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #588: What You MUST Know Before Using AI in Forex In this video: 00:25 – Can you trade using only AI? 01:22 – You are brave to trust AI to trade your money. 02:02 – Are you too lazy to trade? 03:20 – The knowledge and ability to trade for yourself. 04:34 – Knowing how to trade first. 05:09 – Get onto my 17 minute masterclass. 05:28 – Blueberry Markets as a Forex Broker. 05:40 – Have a chat with us. 05:57 – Like, share and subscribe to receive notification of more trading videos. Can you trade using only AI? It’s a question I’ve been asked this week. I want to give you my opinion on that, so let’s get into that a more right now. Hey, this is Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 588. Can you trade using only AI? I received an email just this week from somebody saying I’d like to trade using only AI, and I’d like to pass a prop firm using AI trading system through only using AI. Can I do that? How do I do it? Well, you see, the obvious issue here is that is this person doing it because they want to save some time? Are they lazy? Do they not understand trading? Or maybe they do understand trading? You see, there’s a lot of variables out there when it comes to AI because of course it’s all around us and what we really like it or probably don’t like it, depending on your point of view. It’s here to stay. But from a trading point of view, both from a personal point of view, mentally, a trading point of view is AI all it’s cracked up to be, and can you use it purely as your only way of trading? You are brave to trust AI to trade your money. Well, first of all, I would say you’ve got to be pretty brave if you’re going to be allowing your own personal capital. Let’s say, to be traded purely by AI. You’ve got to be quite brave. Let’s say you know something about trading. Okay. So you’re going to create an AI system. How did you go about it? What are the rules and the obvious upsides of expert advisors or trading bots or AI whatever you want to call it is it takes emotion out of trading. That’s the obvious upside. You know, it works 24 hours a day. I get all that. You know, it’s there’s a lot of, obvious upsides to it. Are you too lazy to trade? But the problem is, is if you are doing it simply because you can’t be bothered or you’re lazy or you think you’re too busy to trade, well, do you have enough knowledge about trading to know what it is that you’re creating? How do you know what rules to create? How do you know when it’s working or when it’s not working? Sure, you can go, well, it’s making me money or it’s not okay, so let’s say it’s making you some money. What happens when it stops making you money? Is that the bot that suddenly or AI that suddenly changing? Or is that the conditions in the market? How do you know about testing this back? Testing it live for testing. If you don’t put time and effort into it, you see people I believe think that AI is going to be this magic shortcut to being lazy, not putting time, effort, or knowledge into it. I can see that the upside to AI is going to work for someone who is prepared to work hard, who does understand trading, who does know what they’re looking for, and it’s just using it as an aid to maybe place the trades for them and manage trades for them, or they’re looking for new ideas. Those type of people will probably do okay from AI. The person out there that just, thinks that can magically make them a multi-millionaire next week because they really can’t be bothered to learn how to trade. I don’t think you’re going to do well, and I don’t think it’s going to end well, or it’s the right way for you to go. The knowledge and ability to trade for yourself. You see the other point that as a manual trader, I think that’s so underestimated. It’s up here. It’s that ability for you as a person to have that knowledge, that reward that, that, ability to see something on a chart, to make a decision with your brain and your common sense and your information, your knowledge, your eye, and to be profitable and to be right, and the immense amount of satisfaction that you have, knowing that you can do this. You see, if you put all your eggs in the AI basket and it suddenly stops working, then what would you do? How would you know it stop working? Apart from losing you a lot of money. But how do you fix that if you don’t understand trading? So I think it’s really important that you have to underst

May 18, 20256 min

#587: How This One Forex Strategy Stood the Test of Time

How This One Forex Strategy Stood the Test of Time Podcast: Click Here to Signup For Our 16th Birthday Sale Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #587: How This One Forex Strategy Stood the Test of Time In this video: 00:32 – 16 years of coaching Forex traders from all around the World 01:18 – A proven trading strategy 01:55 – I won a global signal service competition 02:50 – How I started The Forex Trading Coach 04:30 – Clients in 108 Countries and a global trading team 05:56 – Register for our 16th birthday sale – click here https://theforextradingcoach.com/16th-birthday-sale/ 07:37 – Blueberry Markets as a Forex Broker 08:04 – Thank you for being part of the journey We turned 16 years old here at The Forex Trading Coach this week. It’s something we’re immensely proud of, and I like to share our journey with you and to see how we can help you to become a successful forex trader. Let’s get into that a more right now. Like. Hey there, Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 587. 16 years of coaching Forex traders from all around the World So that’s right we turned 16 years old this week here at the Forex Trading Coach. Something that we are immensely proud of. And it’s a huge achievement when you consider the overall opinion of the forex market. And when I look back to when I started coaching back in 2009, and you look to see who’s still out there today, helping people, either coaching or brokers, whatever it is related to the forex market, who are actively working today and we’re active back then, there’s not many of us out there. So our longevity and what we do, our credibility, I think, just absolute testament to the hard work that goes into doing what we’re doing. A proven trading strategy And also the quality of the trading strategy to have, you know, something that back then was working really well. And let’s continue to and today and 2025 continues to work just as well on even more time frames and even more markets that we now have available to trade for us. So it’s it’s absolutely, brilliant that the strategy work, it works so well and has helped so many thousands of people from right around the world over those last 16 years. In fact, we have clients in 108 countries. I won a global signal service competition Now, jump back a few years prior to that, back in about 2006, 2007, I entered a signal service competition where they tracked, people, selling signals for about six months or a year. I think it was. And my strategy won. So out of hundreds if not thousands of people selling signals or sending signals to this company back then, I won and it was a great achievement. I was very proud of doing that. And that then led on to The Forex Trading Coach starting almost by accident. I was contacted by a number of people who were buying my signals and they said, look, I see you’ve won this competition. It’s great that we’re making money from the signals that you’re emailing us once a day, but I’d really like to know how to do this for myself. And that was the general overall kind of, you know, feedback that I was getting from people. How I started The Forex Trading Coach So I jumped on the plane back 16 years ago, flew across to Noosa in Australia. Gorgeous place. Stayed with a family there for about 4 or 5 nights, and I taught the guy how I trade my strategy, and it was really good and fascinating to get that information across to someone sitting side by side with them. Now to this day, I’m not going to mention the guy’s name. He is on my website, but to this day he still trades and he trades because he’s a very busy person and owns a chain of restaurants and he’s a professional chef. He still trades longer time frame charts, weekly monthly charts. To this day, using my strategy. And that’s something I’m immensely proud of as well because, you know, it’s proven to have worked so well for people that they continue to be successful after all these years. And what happened then is when I got back, from Noosa in Australia, I then, contacted some of those other people who had messaged me and said, look, I’ve just put together the course, it’s been really successful. The guy’s happy with it. Would you like me to come and teach you? So I then did a bit of a round the world trip, and I flew across from New Zealand here to Malaysia, then to Sri Lanka, spent about 4 or 5 days there. Absolutely loved it. And then went up to Spain, France, the UK and then flew back home. And so that was the, the beginning of The Forex Trading Coach by helping these individual people who were prepared to have me fly around the world

May 4, 20258 min

#586: How to Trade Monthly Charts for Massive Reward:Risk Trades

How to Trade Monthly Charts for Massive Reward:Risk Trades Podcast: Click Here to Signup For Our 16th Birthday Sale Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #586: How to Trade Monthly Charts for Massive Reward:Risk Trades In this video: 00:25 – I’m too busy – how can I trade? 01:24 – How long does a Monthly trade remain in the market? 02:02 – When to trade Monthly charts? 03:40 – 1to 5 trades show on most months. 05:00 – Register for our 16th birthday sale – click here https://theforextradingcoach.com/16th-birthday-sale/ 06:41 – Blueberry Markets as a Forex Broker. 07:25 – Like, share and subscribe to receive notification of more trading videos. Do you want to know how you can successfully trade just once a month off the monthly charts? Let’s talk about that and more right now. Hey, traders! It’s Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 586. I’m too busy – how can I trade? So I get questions from people that say, look, I’m not interested in trading, you know, all the time staring at charts all the time. What can I do? Well, for me, and it’s there for start to consider the higher time frame charts. And the best example of that where you only need to look at your charts just once a month, will be trading off the monthly charts. Now, the beauty of the monthly charts is they contain so much information because obviously each chart, each candle contains one month’s worth of information of price action. And the other great thing about that, because there’s so much information that they tend to be one of the most reliable chart setups. And you have to be aware that because they are monthly charts, you will find that trades will take potentially slightly longer to work out. But just think of it as a candle or a bar. How long does a Monthly trade remain in the market? In other words, if you were trading on, let’s say, a four hour chart, you might expect they trade to last in the market maybe one, two, three, four bars. And therefore when you’re trading on a monthly chart, it’s no different. So you have to be willing to leave trades in and let the market and the price action do its thing. But the great thing about trading monthly charts is all you need to do is look at your charts just once a month, and that’s on the last day or the completed day of the month. So, for example, for this month, we have, the 1st of May coming up on Thursday of this week. When to trade Monthly charts? So on Thursday, the 1st of May, the Wednesday candle, which is the 30th of April, would have close. And therefore we can then when all those, candles close at, 5 p.m., New York time, when the candle is closed, the next month will open, which is the 1st of May. And at that point, we can go and make our analysis on all of the closed and completed April charts. So we can go through the charts and scan through all the different markets. I scan personally through all the forex markets, the metals, the commodities, the indices, the cryptos. And I scan through all of them and it takes like ten minutes tops, to go through them all on the monthly charts and just to scan through, look at what setting up what has room to move for, potential for a new buy trade or a new sell trade for that month. Now, because the, price action within a monthly chart is so much bigger, the way that I trade it just means that we get massive reward tourists. And depending on the actual trade itself, we’ll get reward to risk some about 3 to 1 minimum through to about 6, 7, sometimes 8 to 1 reward to risk off those monthly charts. Now, the issue is that some people will look at a monthly chart and they go, oh, I can’t trade it because the stoploss is too big. That’s not actually the case. What you have to do is reduce your lot size, and you can, in most cases, depending on your account size. Of course, trade very accurately with, accurate risk and position sizing on those bigger time frame charts. And so depending on the month, yeah, I’ll get some months. There’ll be 1 or 2 trades on the monthly chart. Sometimes there’ll be 5 or 6 trades. It just depends on what’s happening at the time. But the monthly charts are just a great way to have some trades running in the background. You see them once a month. You put the trades on just once a month and let them, you know, do their own thing. Now, the way that I personally trade is I split my positions up into two, positions. I take one part of my risk at the market order, and so I want to jump straight in at the market, because the danger is if, let’s say the market’s moving up and you get a good strong candle close in April. In May, may just continue straight up. And so I take a part of

Apr 27, 20257 min

#585: How to Trade Market Crashes Caused by Tariff News

How to Trade Market Crashes Caused by Tariff News Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #585: How to Trade Market Crashes Caused by Tariff News In this video: 00:30 – Tariffs in the news. 00:55 – Technical trading allows us to trade long and short. 02:10 – Market rises earlier this year and then falls. 03:18 – Watch the charts and remove emotion. 03:59 – 20 minutes Masterclass and book a call with us. 04:28 – Blueberry Markets as a Forex Broker. You’ve probably heard over the last couple of weeks that tariffs have been in the news. Let’s talk about tariffs and trading and how as a trader we can bypass that news and profit whether the market’s moving up or down. Let’s talk about that a more right now. Hey there, Traders! This is Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 585. Tariffs in the news. So unless you’ve been living under a rock, you probably have heard about tariffs in the news over the last few weeks and how the markets have been all over the place. And, you know, there’s a lot of, people grumpy about what’s happening, and the mainstream media are doing their best to stir it up because, you know, of who’s doing it. Just typical mainstream media. Technical trading allows us to trade long and short. The great thing is, though, as a trader, as a technical trader, where the market’s moving up and down and whether it’s tariffs or somebody is saying something or something’s happening, it doesn’t really matter. You see, the press have been winding up the moves that Trump’s, had a result of because of his tariff speech, as market crashes. And that’s just, again, mainstream media trying to make big news out of something. And trying to discredit someone, whereas what’s actually happening is all that’s happened. Yes, the market, moves so big and yes, they fell away. But as a technical trader, I can look at my charts on most of the like the Dow Jones and the S&P 500 and the and the UK Footsie in different markets like that around the world. And see that all that’s happened is the prices come down to a technical level of where the markets were towards the end of last year, towards the end of 2024. So from a technical trader’s point of view, there’s nothing extravagant that has happened. Although you wouldn’t, believe that from watching mainstream media news. Market rises earlier this year and then falls. And the prices has gone up through, you know, December, January, February, March. And it’s just come back. Yes. It’s happened quickly. Yes. It was a big move, but it’s just come back to support technical levels. And now the price is moving back up as I’m recording this right now. The interesting thing is that yet again, mainstream media, nobody talks about the benefits of, oil prices dropping, you know. Yeah, that’s crashed. But again, they tended for some reason, wonder why I keep very quiet on those sort of things. So they’re very selective and what they want you to listen and believe. But as a trader, the advantage is if the market’s moving down well, there’s just opportunities for us to take sell trades on some of those markets. And now that the market started to move back up again there’s opportunities. Guess what. For us to take buy trades on those markets. So again you got to be very careful. The vast majority of people unfortunately don’t understand that the vast majority of people believe what the mainstream media say, and it’s all doom and gloom. Whereas in reality, if you know what you’re doing, it’s not at all. Watch the charts and remove emotion. So as a trader, as someone that looks at the charts and doesn’t get emotional about trading on who’s saying what and how it happened and what happened. You can learn to profit from moves in either direction. Really important that there’s a trader. You’re looking at the charts and you’re you’re looking at what’s actually happening, not what, you know, certain media outlets are making you believe. So it’s just shows the difference between people who are actually trading and people who just believe everything that, you know, is in the newspaper. So it’s very it’s really quite not, not, not a big deal at all. And it opens up lots of great opportunities for us. 20 minutes Masterclass and book a call with us. If you’d like to know how we do this, I suggest that you jump on one of my masterclasses. They’re free, but, 20 minute long masterclass on demand. You choose when you jump on. Just spend 20 minutes, have a look at, how we trade forex market

Apr 13, 20255 min

#584: How to Trade Bigger Time Frames with a Small Account

How to Trade Bigger Time Frames with a Small Account Podcast: Click Here to Download my Lot Size Calculator Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #584: How to Trade Bigger Time Frames with a Small Account In this video: 00:34 – Do you have a small trading account? 01:17 – Understanding risk and your lot size correctly. 03:58 – Profit targets are all relative to the movement in the market. 05:34 – Use my free MT4/MT5 Lot Size Calculator Script. 05:45 – 17 minutes Masterclass and Book a Call. 06:02 – Blueberry Markets as a Forex Broker. 06:45 – Comments, Like & Subscribe. Do you often find that with the small trading account, you have difficulty placing trades on charts like daily or weekly or monthly charts that need a bigger stop loss size, and therefore we cannot take the trades. If that’s you. Listen up, I’ve got some great tips and information to share with you. Let’s get into it right now. Hey there, Traders! Andrew here, the Forex Trading Coach with video and podcast number 584. Do you have a small trading account? So I want to talk about people with small trading accounts because a lot of the times I hear people say to me, look, I can’t take those longer time frame charts. I can’t take trades on a daily chart or weekly chart. So monthly charts, because I don’t have a big enough account size to allow for a big stop loss. And unfortunately, it’s a bit of a common misconception that people think they cannot trade on those higher time frame charts, which, by the way, are quite often some of the better trades to take because of the quality of the trades. And the people think they cannot trade them because they require too big a stop loss, and their account is not big enough to allow for that. Understanding risk and your lot size correctly. So the issue actually comes down to understanding risk and understanding how to calculate your stop loss correctly. Because most people don’t do that. A lot of people say, I’m just going to put on 0.1 lots or 1.0 lots or 0.5, whatever it might be. They just put the same lot size on every trade. And if you do that, the problem is, is either, you know, one that when it gets stopped out the, stop loss amount, it’s going to be way too much. And so therefore it could argue lots of smaller gains. And that again comes down to not understanding how to calculate your losses correctly. Now to help you out I’m going to put a link here which you’ll find to my free lot size calculator. You can download my MT4 or MT5 lot size calculator. It’s a script. Put it on your charts and you’ll use it all the time and it will massively help you. But the issue becomes, let’s say, you have a monthly chart trade. It requires looking to make up some numbers at 200 pips, stop loss and someone goes, oh, I can’t take it because my account is not big enough. You probably can. You know, you might end up needing, let’s say, a 0.01 lot size, but you can still take the trade. And the reason it needs to be a bigger stop loss is because it’s all relative to the candle size in the market movement at the time. Now you take that down to a, let’s say, a one hour chart trade, where obviously the movement is a lot smaller and the stop loss needs to be a lot tighter. It might again, for ease of numbers, let’s say it has a ten pips. Sorry, at 20 pips. Stop loss. The monthly chart has 200 pips. Stop loss. The, our chart has a 20 pips. Stop loss. All it means is on your one hour chart, you could probably going to be trading with ten times the, the lot size. The risk is still the same. So you’re not trading at ten times the risk. The risk in terms of the percentage of your account remains the same. It’s just the lot size might be 0.1. Lots on your one hour chart, whereas on your monthly chart it might be 0.01 lots. It says this a ten times, increase in the size of the position because the stop loss again, assuming it’s the same pair and your account size remains much the same. A lot of assumptions. But just to give you a generalization, you stop loss becomes, you know, ten times smaller. Therefore your, your lot size becomes ten times bigger. The risk is still the same. And that’s how you can trade, according to any time frame chart and any stop loss size. So use my lot size calculator. It will massively help you because if you’re not taking trades on longer timeframe charts and you think it’s due to your small account size, you’re really missing out on really good opportunities. Profit targets are all relative to the movement in the market. Now, when it comes to profits on those trades, again, we trade according to candle size. The market movement at the time,

Apr 6, 20257 min