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 September 1, 2009 at 18:43 in Uncategorized by Wayne McDonellNo Comments »

Live Interview of Wayne McDonell, by the Options News Network.

Chief Currency Coach at FX Bootcamp, Wayne McDonell

by Jud Pyle

Tue, 01 Sep 2009 07:04 CDT

Jud Pyle interviews Wayne McDonell, Chief Currency Coach at FX Boot Camp.
 
http://www.onn.tv/videos/street-smarts/chief-currency-coach-at-fx-boot-camp-wayne-mcdonell/


Posted on July 23, 2009 at 5:02 in Uncategorized by Wayne McDonellNo Comments »

Get the link to all the photos here: http://www.twitter.com/fxbootcamp

Also, I’d like to thank long time Bootcamper, Connie-Phx, for taking and sharing all of these photos for us. 

Thank you Connie!  Bravo!

 


Posted on July 3, 2009 at 15:44 in Uncategorized by Wayne McDonellNo Comments »

You will find the following information below:

1.  Information about the FOREX Book Review Contest

2.  Some of the book reviews that have been posted.

 

1.  About The Book Review Contest

 

Help Other FOREX Traders & Win 3 Months of FX Bootcamp!

Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1

Please leave a helpful review for FX Bootcamp’s Guide to Strategic & Tactical FOREX Trading. A good book review should not only indicate that you enjoyed reading the book, but it should also state specifically how the book helped you improve your forex trading. “This is the greatest forex book in the world” does show your passion, but doesn’t really help a potential reader that much. “This book helped me enter trades with the trend, target exits in advance using pivot points and treat my trading as a business” is much more specific and helpful. Remember, the point of the book review is to help other forex traders.

FOREX Book Review Contest Details

The author of the most helpful book review will recieve a free 3 month membership to FX Bootcamp (a $899.85 valute).

Contest Rules:
1. A totoal of 100 or more reviews must be recieved by July 15th, 2009. (currently 31).
2. The book review should not “sales pitchy”.
3. The book review should clearly indicate how it helped your forex trading.
4. The book review should be detailed and specific, but no more than 250 words.
5. The book review must be accepted by and posted on Amazon.com (USA Site) If you post your review on Amazon.com in another country, please email me the link and, if nessasary, a translation.
6. I will select one that I like best. Amazon’s “Most Helpful” voting feature will be taken into consideration, so you can participate in the selection of the winner too.

Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1

 

2.   Acutal Book Reviews Posted

 

This book inspired me to follow my dream of becoming a trader, July 3, 2009

By  Andreas Rytz (Switzerland) - See all my reviews

The hardest part of trading is to manage your “self” - facing your emotions and your doubts. This book has helped tremendously by giving me confidence and a feeling of “I can do this”!

What really did it for me was to see how the author had to learn how to be successful on his own, with all the blood sweat and tears that come with becoming great at any subject. Only a person who walked the walk can talk the talk - or in other words, only a person that knows his or her subject from actual real life experience has something practical to teach.

Wayne McDonell is laying out precise steps of how to set up a trade plan and how to execute your plan successfully. He gives you a conservative (and therefore “relatively safe”) trading method that can be repeated again and again. Some of the practical things I’ve learned include how to set up your charts with the same indicators that he is using, how to interpret what the indicators are showing, and when to pull the trigger.

By experiencing that what is taught works and most importantly, by seeing that it is repeatable, I gained a new confidence. In here lies the greatest gift of this book, it gave me the conviction that “It can be done! It really is possible to make a life out of trading - because Wayne is doing it, and he can teach me how to do it too”! 

Complete Integration of Fundamental and Technical Analysis, July 2, 2009

By  Leonid Warguez (Singapore) - See all my reviews
(REAL NAME)   

I bought FX Bootcamp Guide to Strategic and Tactical Forex Trading last year by Pre-Order and ever since I got it, it’s my top book on Forex Trading for the following reasons:

* Complete Integration of Fundamental and Tehnical Analysis
* Helped me remove my emotions in trading
* Learned to trade the news.
* Learned Intermarket Analysis and Currency Correlations
* Learned to create my own Trade Plan and Execute it.
* Learned to trade conservatively and position myself on the higher ground and most especially pull the the trigger when the opportunity presents.
* Learned Relative Strength Analysis of the currencies, and
from there Im able to trade any currency pair with the right
speed and momentum.

I read the book 3x so far, and my goal is to read it 7x over. I highly recommend this book to everyone! Thanks Wayne for writing this book.
This is by far the complete book in Forex Trading. 

Solid No Nonsense Trading Advice, July 2, 2009

By  Michael E. Butcher (Mallorca, Spain) - See all my reviews
(REAL NAME)   

Wayne McDonell obviously knows his craft and much more importantly manages to convey his trading methodology in a clear and concise manner to would be successful traders like myself. Personally I found it has given structure and meaning to how I approach trading - this in turn gives more confidence to take those trades when the opportunities arise as described by Wayne in his book. 

Great Book and Great Value, July 2, 2009

By  Marcus Mcneice - See all my reviews
(REAL NAME)   

Yes I have been very pleased with this book. It talks about the correlation between the different currencys and how the different markets (Gold, Oil, and other commodity markets) correlation with the currency markets. It helps give you the tools to create a trade plan and to become an independent thinker in your trading. It touches on the pyschology you need to have to become a succesful trader, and well as giving you the tools and techniques, you become successful. 

 Put the other book back and get this one:, 17 Jun 2009

By  nik (Sheffield, England) - See all my reviews

One of THE best Forex books on the market. Starting out you will find you need bucket loads of time watching this thing called Forex before you have any idea about trading it. When every trade you make is tanking, its difficult to stay with it. Reading this book, I finally had straight forward answers and identified all my bad habits. Wayne’s years of experience, starting from scratch just like myself, became my own in a matter of months. My understanding of Forex and trade ability increased ten-fold.

This is a comprehensive education, covering multi timeframe technical analysis and the fundamentals of the global currency market. Relationships between currencies, economic news, international stock markets and commodities are all shown to you and explained well. Most importantly, you learn what it takes to trade. You learn to be self reliant and organised. You’ll also learn a lot of interesting facts about the world. You may start giving advice to people on housing prices and the state of the economy. There’s no shoddy magical system being sold in this book. What it comes down to is the only way to learn Forex is from an expert, and this guy is a great expert to listen to. FX is tougher than you might think, but luckily this book is awesome.

A total forex guide., 17 Jun 2009

By  Beck (UK) - See all my reviews

The FX Bootcamp guide is a book I use all the time. I’ve read many but this is the one I continually re-visit. As well as techinal information it also explains fundamentals, news events and correlations. As a beginner I have found this all useful and easy to understand and have begun to feel more comfortable trading FX. Definately one for the fx traders collection.

 


Posted on June 16, 2009 at 9:39 in Uncategorized by Wayne McDonellNo Comments »

Help Other FOREX Traders & Win 3 Months of FX Bootcamp!

Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1

Please leave a helpful review for FX Bootcamp’s Guide to Strategic & Tactical FOREX Trading.  A good book review should not only indicate that you enjoyed reading the book, but it should also state specifically how the book helped you improve your forex trading.  “This is the greatest forex book in the world” does show your passion, but doesn’t really help a potential reader that much.  “This book helped me enter trades with the trend, target exits in advance using pivot points and treat my trading as a business” is much more specific and helpful. Remember, the point of the book review is to help other forex traders.

FOREX Book Review Contest Details

The author of the most helpful book review will recieve a free 3 month membership to FX Bootcamp (a $899.85 valute).

Contest Rules:
1.  A totoal of 100 or more reviews must be recieved by July 15th, 2009.  (currently 31).
2. The book review should not “sales pitchy”.
3.  The book review should clearly indicate how it helped your forex trading.
4.  The book review should be detailed and specific, but no more than 250 words.
5.  The book review must be accepted by and posted on Amazon.com (USA Site)  If you post your review on Amazon.com in another country, please email me the link and, if nessasary, a translation.
6.  I will select one that I like best.  Amazon’s “Most Helpful” voting feature will be taken into consideration, so you can participate in the selection of the winner too.
 
Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1
 
Thank you,

Wayne McDonell - Author
FX Bootcamp, LLC

 


Posted on May 20, 2009 at 16:55 in Uncategorized by Wayne McDonellNo Comments »

Send this e-mail to a friend  
  Free Webcast Event Featuring Wayne McDonell LIVE from The Traders Expo • Los Angeles
HOME ▼ INVESTING ▼ TRADING ▼ VIDEO ▼ EVENTS ▼ TOOLS ▼ E-LETTERS ▼
Dear Traders,This is a volatile—and unparalleled—time for trading the markets, which makes timely analysis, in-depth strategies, and sound advice crucial for traders to be consistently profitable.With this in mind, we encourage you to tune in for Wayne McDonell’s LIVE Webcast event from The Traders Expo • Los Angeles. This event is just one of 24 free Webcasts set to air LIVE, June 4-6. Regardless of your experience level, risk profile, or the markets you trade, you’ll find timely and reliable information you can put to good use right away.Visit MoneyShow.com to see the comprehensive event schedule, and register free to be a part of this all-new Traders Expo Webcast event series!Sincerely,Company
Wayne McDonell
Thursday, June 4, 2009

8:00 am-9:00 am PDT

Learn how to trade currencies, commodities, indexes, treasuries, and even the US dollar index. You’ll learn what currency to buy if the ten-year T-Note Falls. You will learn to buy or sell oil if the FTSE rises. Is there a bullish trade set-up on gold after the USD index weakens? Do you buy the EUR/JPY or the USD/JPY if the NIKKEI rallies? At this workshop, you’ll learn how to apply basic technical analysis to your charts once your fundamental bias has been established based on global money flow.
More Details >

Please make your arrangements today, and join thousands of traders from around the world forLIVE Webcast events from The Traders Expo • Los Angeles—coming soon to MoneyShow.com!

http://www.fxbootcamp.com

 


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 8, 2009 at 17:13 in Uncategorized by Wayne McDonell1 Comment »

 

 

 

 

 

 

 

 

 

 

 

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In an inverview with Bloomberg last week, I was brainstorming ideas for stories with a producer interested in forex.  There are plenty of “experts” willing to give their guesses on camera… however that sorta thing, although helpful at times, lacks the huanity in trading.  We discussed how to bring the retail forex trader into the spot light… an average Joe on an extrodanary journey, trading forex as a totally new career.  “I know just the guy” I told the producer.  She said he had to be in the New York City area and had to be ready to shoot immediately.  “No problem, I’ll make the call”.  The rest is now history.

Our long time Bootcamper and friend, John Kle appeared on Bloomberg TV this morning.  I thank him for his courage and modesty to share his personal story on National Television.  I think it takes a lot of guts to do so and a desire to help others.  Thank you John.  Bravo!

http://www.bloomberg.com/avp/avp.htm?N=tvtoday&clipSRC=http%3A%2F%2Fvideo-static.clipsyndicate.com%2Fcs-video%2Fvol2%2F2009%2F4%2F8%2F58%2F351%2Fe626ca57-28a9-4ba1-aee9-670100759d97.flv

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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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