Category Archives: Forex

NetPicks Review: A New & Comprehensive Review of NetPicks

January 08, 2012   admin   No comments

 NetPicks Review

NetPicks is one of the longest running online trading services in operation. Founded in 1996, NetPicks has consistently delivered high quality trading systems, primarily in the Forex space, for over 15 years now. But has the company lost a little luster over the past few years? We dive into that question and explore many more in our comprehensive “NetPicks Review” below:

NetPicks Review: What’s It All About?

NetPicks Review

NetPicks currently has 5 core product offerings for the trading community: 1) Live Trading Signals, 2) Seven Summits Trader, 3) One Day Swing Trades, 4)  Ultimate Swing Trader, and 5) Keltner Bells. Let’s take a closer look at each:

NetPicks Review – Live Trading Signals: The NetPicks Live Signal Service is different from most in that each morning members enter a private trading room where Coach TJ Noonan leads a team in identifying signals which are called out LIVE for the community. A minimum of 4 signals are identified each day, two in the forex markets and two futures signals. Trading begins promptly at 8:30 EST. NetPicks invites you to trial the service absolutely free to see if this is something you’d like to partake in full time. To access the free, no-obligation, Live Signal Service simply click on the link below:

Free Trial – Live Signal Service

NetPicks Review – Seven Summits Trader (SST): The flagship brand of NetPicks, the Seven Summits Trader System was designed to help traders trade across multiple markets (Forex, Futures, Stocks, and ETFs) and in multiple time frames, mainly day trading and swing trading. The Seven Summits Trader System was built on 7 pillars that drive SST trading decisions: 1) Multiple markets and timeframes, 2) Dynamic entries, targets and stops, 3) Scale and trail, 4) Exact Trade Plans, 5) Capital Preservation, 6) Total Immersion Training, and 7) Consistent Profits.

NetPicks Review – One Day Swing Trades: Due to overwhelming demand from NetPicks subscribers, NetPicks developed One Day Swing Trades as a quick and easy trading system designed to trade Forex with consistent effectiveness. This is the true essence of set and forget. All you have to do is install the One Day Swing Trades system, and in the evening or day time when you decide to trade you identify setups, set your targets and stops, and let the market do what the market needs to do. Mere hours later you can see the results that this forex trading system can achieve for you. No need to sit at your computer all day, simply set up your trades once and let the system do its work. One Day Swing Trades has consistently netted 500 pips or more a month. Check it out for yourself below:

One-Day Swing Trades System Exposed Here!

NetPicks Review – Keltner Bells: The latest trading system derived from the the NetPicks Team is what they are calling Keltner Bells. The Keltner Bells System was derived from an ancient Japanese charting technique that has proven to generate consistent gains over multiple time frames. The NetPicks team decided to build a whole trading system around this technique to simplify the process for individual traders. You can download the core system absolutely free by simply clicking on the link below:

Keltner Bells – Brick Charts Advanced Free Download

NetPicks is clearly not afraid to put its reputation on the line, as it offers free trials for the majority of its product line. I suggest you take advantage if you are interested. 15 years in the game and a proven track record of profits pretty much sums it up. Hopefully you’ve found this NetPicks Review helpful, we highly recommend NetPicks for your trading needs.

 

NetPicks Review

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The Elevation Group: Wealth Creation & Preservation [video]

August 24, 2011   admin   No comments

It’s back… Mike Dillard has graciously re-opened the doors to The Elevation Group and now you too can learn the wealth creation strategies that in-the-know investors have been using to create and preserve wealth generationally. From time-tested trading tactics all the way to income tax optimization strategies, The Elevation Group arms you with the necessary weapons to turn your trading activities into a sustainable trading BUSINESS. In the video below Dillard reveals how many are creating incredible wealth during today’s economic crisis:

The Elevation Group

Click Here To Learn More About The Elevation Group

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Trading The Markets: Long Term Opportunities in Gold, Silver, Oil, and the US Dollar

March 03, 2011   admin   No comments

Every now and then it’s always a good idea to look at different time frames to be sure you have a solid understanding of the longer term trends in play. I will easily admit that it’s easy to get caught up in trading the shorter time frames like the 1, 10, and 60 minute charts especially when there are large intraday movements. But every night you must reset your thinking by looking at the bigger picture.

In the following link we highlight weekly and daily charts which provide a big picture view of things….Check it out:

Timely Trading Opportunities in Gold, Silver, Oil and the USD

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Binary Options Strategy: Trading the Unemployment Numbers Virtually Risk Free

February 24, 2011   admin   No comments

Market events are used often in trading because of the rallies that tend to ensue from a market event, attributed to trading volumes being greater during market events, with the subsequent momentum usually creating a breakout rally. However, breakout rallies can become quickly ominous to the traditional Forex trader when they rapidly reverse, and this is when novice Forex traders get their taste of what is referred to as the ‘siren call for novice traders.’ Both novice and professional Forex traders alike take little comfort at the reversal of a breakout rally that their stop losses actually prevent a loss. Stop losses serve an important role in Forex trading, but they are in no means acting as a true hedge. Here is where binary options differ – trading a market event with binary options allows you the means to hedge to reduce your risk because of two very important attributes. First, unlike conventional Forex, with binary options you trade without leverage. Second, also unlike conventional Forex, you can place trades in both directions so you can hedge your trade in the event of a rally reversal.

Startoptions Case Study A

Let’s start an explanation of how this works by first taking an example of handling a market event breakout rally using a traditional Forex only trading method.  One of the most popular market events traded on is the US unemployment claims report, which influences trading volumes on USD related instruments.  The US unemployment claims report is published this coming up Thursday.  There are many traders active in trading USD related instruments, and as more investors join the rally, the rally usually continues.  Unexpectedly, the rally reverses. The reason for many reversals is that when more and more traders are profiting, then selling momentum builds.  As conventional Forex is always traded with leverage, any stop losses placed will result in a loss of money. Here is where the ability to place trades in both directions with Binary Options works to your advantage, and why using Binary Options to trade market events is less risky.

Let’s go back to the beginning of the announcement in our US unemployment claims report example with a Binary Option trade.    As the rally gets under way after the announcement, you can place a binary option trade in the direction of the rally.  If the rally should now unexpectedly reverse, you are covered, because now you can place a in the opposite direction when the breakout price is crossed back down. Effectively, you just cancelled your original trade by buying both sides of the trade, but since no leverage is involved (as was in a traditional Forex trade) your loss is usually less than 10% of your investment with using Binary Options. Less than 10% of an investment with Binary Options verses possibly greater than your original investment with traditional Forex is what can be called significantly less risky.  It’s obvious to see why increasing numbers of traditional Forex traders deploy Binary Options strategies when trading market events, because the name of the game is to successfully minimize risk if and when losses occur in trading.

Startoptions Case Study B

 

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Using Binary Options To Hedge Your Forex Positions: A Strategy For Success

February 15, 2011   admin   No comments

Most Forex traders have heard of Stop-Losses and hopefully they employ them as a means of minimizing their losses when their trades go sour. Today’s conventional Forex culture has been educated in terms of minimizing losses. Few Forex traders can tell you that they know anything about hedging their Forex trades. Hedging is simply not a part of the Forex culture. There are at least two primary reasons for that. First, Forex traders cannot hold the same position in both directions. Second, other hedging instruments like vanilla Forex options are not so well known and liquidity is a problem. Fortunately, Forex Binary Options solve all of these problems and many more. In fact it is quite easy to create efficient and effective hedges to Forex using Binary Options.

As you may already know, a Binary Option is an all-or-nothing fixed payout non-exercisable option with hourly expiration and no spreads or commissions involved. This means that they are ideal for certain situations, particularly hedging. Let’s see how to combine Forex and Binary Options in a simple example:

Forex Binary Options

In the chart above, the EUR/USD  breaks out of a base. A typical Forex strategy will involve a long position on the EUR/USD  combined with a Stop-Loss. So if you believe that the EUR/USD ’s breakout will succeed you could Buy $100K EUR/USD  and then place a Stop-Loss 10 Pips below the breakout point. If this strategy offers an unlimited upside and $100 downside if the breakout fails and the Stop-Loss is hit. Believe it or not we can now add a Binary Option that would decrease the total downside to $0 if the Stop-Loss is hit. For example if you also buy an 80% payout $125 EUR/USD  PUT Binary Option at the breakout point then you would profit $100 from the Binary Option if your Stop-Loss is hit and this would offset your Forex loss completely.

As a final note, make sure to capture more than $100 profit on your long Forex position since this is your downside from the PUT Binary Option. In practical terms this means that you exit your long Forex position after a move up greater than 10 pips. This Forex-Binary Option combo strategy has an unlimited upside and $0 downside.

Open an account with StartOptions and receive: welcome bonus, Daily Hot Picks and Ebooks

StartOptions Promotional Banner

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Forex Interval Trading System (FIT): An Intelligent Approach To Forex Trading

October 29, 2010   admin   No comments

Forex Interval Trading System (FIT) is set for takeoff. BigTrends is days away from officially launching their newest trading system. Promising to be a major departure from the typical Forex system, the Forex Interval Trading System takes a unique approach in teaching you, the trader, how to effectively and consistently place winning trades in as little as 5 minutes a day.

We will be providing a comprehensive review of the Forex Interval Trading System as details emerge. So for the Forex trader who is tired of seeing the same Forex trading system being regurgitated, repackaged, and promoted under different hype-laden names, you may want to give this FIT system a look. Check back here from time to time for real-time updates to our Forex Interval Trading System Review.

To download the FREE Forex Trading Toolkit compliments of BigTrends simply click on the link below:

Free Forex Trading Toolkit

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Trade Binary Options 24/7 With OptionBit

August 25, 2010   admin   No comments

OptionBit, the leading low cost binary options trading platform, has added a few new features to its platform in the past week that should be of interest especially for those that trade Forex. OptionBit is now offering weekend touch options on currency pairs which would allow you to place a trade on Friday with an expiration on Monday’s close. These touch style options pay out 400%. To learn more about weekend trading on the OptionBit platform click on the link below:

Click this link to learn more about weekend trading on the OptionBit platform.

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    DerivStrategies is not a registered investment adviser or broker/dealer. DerivStrategies does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. All stocks and options shown are examples only -- not recommendations to buy or sell. Our picks do not represent a positive or negative outlook on any security. Potential returns do not always take into account your trade size, brokerage commissions or taxes -- expenses that will affect actual investment returns. Stocks and options involve risk, thus they are not suitable for all investors.