Posted on September 4, 2009 at 15:49 in Uncategorized by Wayne McDonell3 Comments »

FxBootcamp.com and FXstreet.com are celebrating its 40th edition of the popular live training event “Trade Non-Farm Payrolls Live” with a special contest!.

Click HERE: http://www.fxstreet.com/forum/showthread.php?t=52742

Do you want to know how to participate? OK, here’s the deal: just write a brief essay answering the following question: What I have learned from trading NFP live with FX Bootcamp? Yes, just that: post below this message a brief essay about what have you learned with Wayne. Deadline for your answers is September 7th, 2009 at 12.00 h. (08.00 h. EST).

After the deadline the jury, compounded by Wayne McDonell, Valeria Bednarik and FXWizard, will choose the three best essays and announce the winner.

Prizes will be as follows:

For the very best essay:

- 1 free pass to the International Traders Conference hosted by FXstreet October 14-16 2009 in Barcelona – Spain

- 2 free nights during the conference at the Hotel Barceló Atenea Mar.

For the second and third best essays:

- 1 free pass to the International Traders Conference hosted by FXstreet October 14-16 2009 in Barcelona – Spain

Good luck and happy pips! ;-)

 

First Few Postings:

I attended around 35 NFP. Wayne help me with these:
1. I am not affraid of looses - I cut them very quickly
2. I am not affraid pull the triger becouse of possibility of being wrong.
3. I started to do analysys before I pulled triger - I am not reacting on price.
4. I am still brek even but my selfconfidence is much much higher.
5. I follow rules written in front of my computer and heve no problem to do that.
6. I still do not trade even I see set ups - that is what I have to fix.

Peter

 
I’ve attended about 10 live NFPs with Wayne and the crew and more than anything, I’ve learned to be humble when trading. Wayne will very often remind us that NFP is extremely risky and it isn’t the way to make consistent money, often times it can be a gamble and that is not what good traders are all about. The concept of capital preservation above all has kept me out of some very bad trades and the second I think Wayne is too conservative and jump into an NFP trade that looks like a no brainer the market reminds me it is best to be humble and listen to what experts like Wayne are saying.

Thank you Wayne, I hope you continue to have these live NFPs because I have learned something every time, even though I’ve only traded during a handful of them.

Best,

Paul

 
How not to trade is a discipline that is learnt through hard work and painful losing trades. After watching the NFP today, it has left me in no doubt that I shall personally Never, EVER, EVER, trade at or around release of the NFP news release as has been proven the market is completely unpredictable and volatile. No amount of oscillators, indicators or other highly technical analysis will protect me from losing or risking my valuable trading capital. Having an understanding of how the market adversely reacts to NFP news release is and will make me a better trader for the long term. Lesson Learned - To not be sucked into the moment as a consequence of GREED. Many Thanks Wayne - one of the best lessons I have learnt from you and your trading methods. I’m a huge fan or your training and trading methodology.

All the Best

Jonnie

 
Hi Wayne,

I attended approx. 15 NFP. and I have never taken a trade during these sessions

Wayne have explained capital preservation so good so many times during these sessions
Which I find very good because that is the most importend you can do.
I also like Wayne’s way to explain the fundies and his enormus knowledge about the fundies.

If people will pay more attention to avoid loose money instead of how much money they can make, they will do very well.
Wayne have made it clear for me, not be affraid of have made a wrong desission that will course me a small loose.
Also I trade out of a rule based plan, that is made upfront in writing before any trading.

Keep it simple:
What do I do?
When will I do It?
Why I’m doing this?

Kind Regards
John

 
I’m ashamed to admit that this is my first NFP session after I knew about fxbootcamp since March ‘09.

Now, I rarely attend live webinars, but of all I’ve attended, it was the most fruitful two hours I ever spent in one. Trading is an extremely lonely profession where the slightest slip of concentration in the markets can prove fatal and, lacking another way to put it better, that concentration-induced loneliness takes away a bit of humanity from me each time. That is the reason why I’m very thankful for the opportunity to be reminded on why we’re trading, how we’re supposed to create a trade plan, and how to decrease the odds for having to take a loss due to occassional moments of indiscipline that slips into even the very best of traders. And all these during a session supposedly about NFP per se, too!

Wayne just has a way of teaching and reminding that is entertainingly refreshing and upbeat, whilst keeping your feet firmly on the ground. It makes me want to stay on post-NFP even if he talks about something that has little to do with the technicals and fundamentals of trading. That is because even if I’d restore just a bit of humanity within me by staying on, it’d have been worth it.

Thank you again,
Mick.

 
Thanks Wayne and FX Street, this is my 15th NFP, I keep coming back because I enjoy Waynes laid back easy to understand style of teaching, his passion for FX is contagious. I have learnt many things from sitting on my hands and not trading to following a plan and sticking to it, buy low sell high, patience, fibs and pivots but the best advice for me was to start a journal and record each trade this has certainly helped me learn to become a successful trading making dollars.
Thanks Cobber

Fergie
Perth WA

 
 
 
 
 
 
 
 
 

Posted on September 2, 2009 at 19:22 in Uncategorized by Wayne McDonellNo Comments »

 

 

  

 

 

 

 
Dear FOREX trader,
 
with Wayne McDonell, Chief Currency Coach at FxBootcamp!
Register now for the 40th EDITION of the most popular Forex Webinar. It is FREE!

 

This month with a special contest! <——— Click to see rules and PRIZES!

 

 
Join us on Friday, September 04th 2009
11:30 GMT/07:30 am EDT to 14:30 GMT/10:30 am EDT
 
FX Bootcamp provides live play by play commentary
and analysis during the release of the Employment Report:
  • Learn how to conservatively trade during news events
  • See technical analysis applied to live market charts.
  • Apply Pivot Point & Fibonacci Theories in real-time.
  • Entry and exits point clearly defined in advance.
  • Ask questions while the market is moving.
  • Get the NFP NEWS Live!
.
To understand our basic methodology, its highly recommended you watch this video first:
 
BONUS: Trade The News will provide the NFP # instantly!  
 
Come join us - Now with 750 seats available!
 
 
If you use Social Networking Sites, then you can get our forex videos even faster:
 
 
 
 
 
 
 
Hint: You can even have your videos TWEETED to you directly.  Just signup for our forex video newsletter and register your Twitter details.  When we add a new video, you will get a direct tweet with the new link. http://www.fxbootcamp.net/fx/index.php?option=com_wrapper&Itemid=99 
  
Best regards,
 
 
Wayne McDonell
FX Bootcamp, LLC
  

  
YOUR QUICK FOREX HOTLINK REVIEW

 

FOX BUSINESS TELEVISION What is FX Bootcamp?
  

 

 

 

 

Get Your Personal Tour of FX Bootcamp!

CAROL DUNN, FXBC MEMEMBER SERVICES carol@fxbootcamp.com  
 

 

 

 

 
 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Posted on July 6, 2009 at 13:06 in Uncategorized by Wayne McDonellNo Comments »

 

 

WAYNE MCDONELL

 

Trader Wayne McDonell sees many signs in both the economy and the interest rate market that are encouraging for stocks, but he is expecting a better entry point later this summer.


Posted on June 29, 2009 at 21:23 in Uncategorized by Wayne McDonellNo Comments »

http://www.moneyshow.com/video/video.asp?wid=4074&t=3&scode=013767

 WAYNE MCDONELL OF FX BOOTCAMP 

http://www.fxbootcamp.com 

 

FX Bootcamp’s Wayne McDonell describes how changes in the world currency markets have caused him to adjust his trading style over the past few years.

 

Released: 6/3/2009
Focus: FOREX

 

 

 


Posted on May 19, 2009 at 2:55 in Uncategorized by Wayne McDonellNo Comments »

 

Click Here To Watch The Interview on FOREXtv.com http://www.forextv.com/Forex/Video/Video.jsp?channel=41&movieid=46063

 

 


Posted on April 27, 2009 at 23:18 in Uncategorized by Wayne McDonellNo Comments »

 

 

http://www.forextv.com/Forex/Video/Video.jsp?channel=41&movieid=45700

 PM Exchange - FX Bootcamp’s McDonell discusses the market overreaction to the Swine flu outbreak

04/27/09 05:51 PM
ForexTV - JPY strengthens as safe haven. USD also gains strength as risk aversion drives traders away from equities.


Posted on April 21, 2009 at 0:26 in Uncategorized by Wayne McDonellNo Comments »

 http://www.forextv.com/Forex/Video/Video.jsp?channel=41,276,1241,249,1314,1418,1423,1424,1429&movieid=45572

 

PM Exchange - FX Bootcamp’s McDonell discusses EUR and stocks
04/20/09 06:47 PM - ForexTV - USD beats up on other majors as equities plummet bringing back the markets’ inverse correlation.EUR continues to fall after ECB suggests rate cuts. Sterling plunges.

Posted on April 6, 2009 at 22:38 in Uncategorized by Wayne McDonellNo Comments »

PM Exchange - USD recovers vs. majors 04/06/09 06:18 PM
ForexTV - USD benefits from global economy concerns and timing. FX Bootcamp’s McDonnel comments on USD and commodity action and expectations this week.

Click To Watch The Video Interview:

http://www.forextv.com/Forex/Video/Video.jsp?channel=41,276,1241,249,1314,1418,1423,1424,1429&movieid=45342

 

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Posted on November 20, 2008 at 2:44 in Uncategorized by Curt Wehrley3 Comments »


Tomorrow’s news calendar brings U.K. retail sales for October and the latest U.S. weekly jobless claims report. Although both reports have moved the market at times throughout the course of this year, the previous few releases failed to provide meaningful inspiration to the major currency pairs . However, Wednesday’s DJIA close just below the 8000 level sets up what could be a very interesting Thursday.

Curt Wehrley
FX Bootcamp’s Quantitative Analyst