Trade Professionally, with an Edge. AvantEdgeFX

Easy as Duck pie with fresh pip cream.

I think I've discussed this before here. But it's good to review now and than.

Discretion. It's a powerful too in your arsenal of trading weaponry. But.. it also carries some ability to backfire in a sense. 95% of traders (outside of AvantEdgeFX) lose money. Strangely 90% within AEFX are profiting >90% of the time.

But for those that aren't profitable. Look at the data that you're using, look at the analysis that you're using. If it uses more than a couple of minutes of lag.. you're in the dust. You'll find yourself preparing for trades then using your discretion during the execution phase.... You quickly feel your discretion was 'off'... and you take a new approach on the market. After several years you've tried so many indicator combinations that you could write a book about them. (And many failed traders do) giving you the very same thing over and over in a redundant stream of publications. Your discretion is burned.. badly. Yet you haven't yet realized it's not your discretion, but your analysis that's broken.

When you realize that the proper analysis only makes your trading a piece of cake and utterly boring. Your confidence soars and your insight into market movements skyrockets.

This past 6 days there has been 4 news releases. Each of them more difficult than the other.. but discretion.. in the right priority has given laser perfect insight into what's about to take place and where trades are going to happen, where turning points are going to occur.. even if it's a 3 minute pull back. They are EASY to see. But then again, you have to have the right tools. With our partnerships, you can get those tools. But that gives you just a slice of them. You have to have the knowledge to make a difference in your trading career. That's absolutely where our Platinum Course comes into benefit those that actually put their time and investment into knowledge that makes a difference. It's not cheap.. but far more cheaper than repeated losses, or far more cheaper than 4 years in college... (that won't teach you how to profit either).

I feel I should pay child support to the red headed step child... Non Farm Payrolls... LOVE IT. What a week!!!

This is how you call the movements. Initial Range.. Break to First Target high... turn on that target and run lower to next target below range! Clockwork... Pippin' easy!

I have wanted to check out AvantEdgeFX for a little while now since a friend recommended this to me. He had signed up before and told me he was making between 20-30% a month consistently. My daughter was off school this week which gave me a perfect opportunity to do the one week trial they offer. I wanted to share my thoughts and observations, but please remember this is not a thorough review of the whole program since I have not signed up for that yet.

What I did not like

Let me get this out of the way first. I recommend against using Internet Explorer for joining in the webinars. Maybe others didnt have any problems but all I got was a blank screen with no sound either. I looked at the main website page and it showed a starting time 1 hour later, which then changed to 5 hours later, so they need to fix that. I sent an e-mail asking the correct time and was told it started at 7 AM as I was originally told. I switched to Chrome and was able to log in just fine

What I did like

I have seen some webinars before where you could not see comments or questions from other people so the organizer could cherry pick what he wanted to share. In other trade rooms I have seen the presenter tell you after the fact what he would have done.

Right off the bat I was impressed because you can see what everyone is saying, comments from veterans and newbies alike. Nick does a good job of answering all the questions even if you have to wait while he is explaining the trade set up he is looking to take. Since he is in the US he cannot call out trades but he does explain the set ups in real time so you know ahead of time where he is looking to take the trade and you know exactly when he exits. He spends the entire time teaching, showing trade set ups in advance so everyone is ready to take the trade, answering questions and explaining what is going on in the market in real time.

The charts look busy at first which concerned me the first time I saw a PIC of one because I avoid lagging indicators on my own trading. There are no lagging indicators however: everything is designed to show you what is going in in real time as it happens, not what already happened. Price action, price cycles and volume (and the relationship between volume and price) are key. This is not a simple system however and I could tell there would be a lot to learn before being ready to go live. Having said that, I was able to call out some of the trades in advance myself even with my limited knowledge. There was a couple in the room who had just purchased the platinum membership. They did a marathon 10 hour session using the charts and indicator set and were able to increase their account by 3%. That was in demo though and I know people often do not do as well when they switch to live, but what impressed me was that they did this before they had been through the training.

How good was the system

One week is not enough data to say for sure but if this week was any indication then I would have to give a big thumbs up. From Monday through Friday there was not a single losing trade. The indictors are predicative, not historical. By that I mean they help you look for trade set ups ahead of time and pull the trigger if the price action and volume give the entry. I was particularly interested in watching this on Friday during NFP. As you can see from the PIC below there were two big moves. BOTH were predicted ahead of time. Also note that stop losses are tight, "as tight as a mosquitos rear end" as someone said in the room, so risk was small as well.

I wont have time to start this until my daughter is out of school for the summer but I am seriously considering this. I do recommend doing your own research. There are lots of videos posted on YouTube. Watch some of those and do the 7 day trial. This is worth a look.

Ok. as promised here is my review after the 5 days free trial. Please note- I have been trading for sometime now and have made all the mistakes one can think of and have also gone through the pain of trading associated learning curve along with waste of time/money with useless indicators and both cheap and expensive courses/systems on trading . It looks I have reached a stage where I am not losing money anymore and making a small positive returns with my own hard earn experience. Now with that out of the way here is my honest review of Nick and his system mentioned on this thread.


Positives :

1) Nick comes across as professional person who knows what he is talking about. This is based on questions I had asked in the trading room and his answers.
2) Trading room was also conducted professionally and it is a friendly but at the same time good learning environment. There is not much of useless chatting in the trading room.
3) As Dewey has already mentioned above it seems that most of the members had joined recently less then 6 months and some of the members were from last 1.5 yrs. There was one member who after coming back on track (by following the system as per the rules again ) was able to recover all the losses he had incurred by not following the trading rules in less then 9 days.
4) Nick answered all the questions asked within the limits of not disclosing his exact methods ( which is understandable as we were not paid members) but he did tried his best and I was satisfied with the answers.

Observation:

It looks like based on my question asked to other members in the trading room, there is a discretionary component anywhere between 15% to 25 % depending upon where members were in the learning curve in trading the system.

I got the general idea about the entry criteria and little bit of exit but as mentioned above as I was a non paying member I did not the exact rules but it looked like there is a good learning curve associated with the system.

It looked like system/indicators where accurate 80% of the time for entry (based on my limited understanding).

Nick was able to predict price levels just before the news releases giving price level targets for both if price went up or down after the new release. According to my observation he was accurate about 90% of time with these price levels .

System seems to have learning curve and as mentioned there is discretionary component of at least 25% when one is starting out and this may reduce with experience.

As mentioned before by others the course is not cheap and there is a ongoing monthly fee associated after the course to use the indicators ( it looks like depending upon the live account size traded). Financing may be available only in few circumstances upon certain criteria set (not sure). But one has to fill in a detailed application form and then only you would know about financing and also join the course.

Conclusion

Overall I think it is really worth it for everyone here to take the free trial and get the feel for this system if its for them. As for me, I will not be able to trade in June but I have contacted Nick to see if I can start in July and also with other questions.

Meantime it will help to hear from previous members here Carlton , Snowski, Squarix about how things are progressing.

Once I decide to join I will update more as how things progress and see if I can make consistent 20 to 30% per month over long period of time in all market conditions as claimed it is possible with this course and system.

Another day....Was quiet this AM.. but showed some moves later on. MondayBlues

#FOMC from the homepage.. free access for the session.. starts at 1:30 PM EST

FOMC COVERAGE 1:30 EST

#nonfarmpayrolls in the AM. Join Free..... you don't want to miss it.

7 AM EST ROOM LINK

Hi,

I'm interested into this system, but before commited as a full member, i would like to see some verified results from someone who are in that room or , better, from Nick itself.
I know that many gurus claim that they hold the holygraal....until you check the performance! (and from that moment everything falls appart....)
In any way i'm not saying that Nick is not offering a authentic service, but if someone would have to pay $6,495 Base for a tool, well...that need to be prouved worthy!

thank you !

Beige Book Coverage at 1:00 PM EST..

We started at 1.0 But this week version 10.85. Ready for release.

youtu.be/HJJtmNZAyes?a

Friday 7-31-15 We're opening the room. An education worth far more than any University Curriculum. 1PM EST. Registration Link. http://ow.ly/Q0AFH

FOMC Coverage 1:30 PM EST


https://avantedgefx.clickwebinar.com/fomc_7_29

This is how you trade professionally. Only now it's moved another 21 pips in our favor at the 1.0981

Just another day.

Another day!

A dash of salt, a few flakes of pepper and... Feast on the Non Farm Payrolls. Now who's working for who?

Nice one

This will be fun. FOMC will add some nice volatility into the mix here...... hold onto your hats!