Forex Time Machine is newest Forex course that teaches three separate trading methods that you can apply to any timeframe. This is really awesome — it doesn’t matter if you’re a day trader, a casual trader, an end-of-day trader – these methods work across multiple timeframes. In fact, you’ll find you can do most of your trading activities in less than 20 minutes a day if you want (the casual trader or end of day trader) or you can trade as frequently as you want. That’s incredible considering there are three different methods you can work with.

But when you listen to the feedback about Forex Time Machine – and I do – I hear three common themes about what traders like MOST in the Forex Profit Accelerator course:

- It’s a complete trading method.

Forex Time Machine teaches the precise setup conditions, exact entry rules, intial stop rules and different exit strategies for each of the four methods it contains. Traders love this because most methods out there don’t provide this (although many are now beginning to copy me) — and without each of these elements, setup conditions, entry, exit and stop loss rules, no method should ever be considered complete.

- It contains three unique trading methods.

Many traders are shocked by this because most courses out there barely teach forex traders a single method — and yet, Forex Time Machine teaches three unique methods. The most important aspect here is that the three methods it teaches gives forex traders more opportunity to maximize their profit potential without increasing their risk.

- It teaches Risk Management.

This is one of the most comprehensive, yet easy to understand teachings on Risk Management on the market. The concept of eliminating risk in every trade is the newest ‘secret weapon’ for successful forex traders who have figured out how to beat the banks and brokers. In the Forex Time Machine course, not only do is it easy to understand and implement the risk management tactics, but you’ll learn how to incorporate it into YOUR trading life – that’s education you will own forever!

Here’s a brief overview of what you receive in the Forex Time Machine trading course:

New to Forex Trading? We’ve got you covered…

For those who are new to forex trading, the Trading and Basics part of the Forex Time Machine course is a refreshing, detailed look into the world for forex trading. All the key topics that you’ll need to get going are covered in this module. You’ll learn what a forex “pair” is, how to trade the forex pairs,  how to master the technical indicators that are used in the methods, how to manage leverage and margin correctly, understanding and idendifying trends, and much, much more.

This 75 minute segment will answer any newbie question about forex and forex trading and when you’re done, you’ll be ready to take on the markets!

Learning Expectations? Know exactly what to expect…

Learning forex can take a tremendous effort – so in the Background and Overview section of the Forex Time Machine, you’ll find exactly what you should expect to learn from the course and the path you’ll take to get there. You’ll discover the 6 forex pairs that are best suited for trading with the Forex Time Machine methods and you’ll even jump right in the water with detailed trading examples — this instant immersion will surprise you as it shortens your learning curve substantially.

Forex Trading Method #1 -

The first method covered in the Forex Time Machine course is the Breakout method. Breakout is designed to capture short term profits on trades typically lasting only 1-5 bars. This method’s goal is to capture 10-50 pips per trade and minimize your risk exposure. You’ll learn how to plot the technical indicators and how to use the complete rules to the method so you can identify the setup conditions, the entry and exit points and where to place initial and ongoing stops.

Once you’re finished mastering the Breakout method, you’ll see what I mean about having a trading method that you own for life.

Forex Trading Method #2 -

The second forex trading method covered in the Forex Time Machine course is the Momentum Method. This method is designed to capture trends that are ‘heating up’ in the forex markets. Typical trades will last from 2-6 bars, and have profit goals of 25-100 pips. Again, you’ll learn the complete rules for setup conditions, entry and exit points and stop loss targets, along with plotting the technical indicators for this method.

As you can see, if you were learning Forex Time Machine right NOW, you would already have TWO trading methods with different tactics to attack the markets. So, let’s add a third method!

Forex Trading Method #3 -

The third method covered in the Forex Time Machine course identifies trend reversals and works to protect you against false ‘with the trend’ signals.  Typical trades are in the 2-6 bar range and target profits of 25-100 pips. You’ll learn how to apply the indicators to this method, how to identify the setup conditions, when to get in and when to get out of the trade, and how to manage your stop losses to grab to most profit potential.

So there you have three separate methods to take on the forex markets – but keep in mind, each method teaches you how to go LONG or SHORT the market…so really you have SIX ways to trade the forex markets in ONE SINGLE COURSE.

But we’re still not done, because in the last segment, Bill teaches you the most important aspects to becoming a successful trader — these are lessons that will last you a lifetime and lessons he has developed over his own 35 years of trading.

Bringing it all together – Risk Management

This part of the Forex Profit Accelerator course is probably one of the best that has ever been created and certainly the most important. You’ll spend a significant amount of time educating yourself on risk management, its importance and how to incorporate it into your trading plan. In all the trading education, from courses to books and videos, failure to follow Risk Management rules is the number 1 KILLER VIRUS for most traders.

If you aren’t followng risk management rules, you’re guaranteed to lose your money faster than those who are. You’ll learn EXACTLY how to protect your account balance and how to protect every trade you place.

Bringing it all together – Emotional Control

Next learn the importance of DISCIPLINE and how to get Emotion out of your trading (because it doesn’t belong there). Your goal is to learn how you can exert more control over yourself to protect your trading activities and to make better decisions when trading.

All in all, this is the most complete course, that covers all the important topics, from Basics to the trading methods to risk management.

Forex Trading Blueprints

The Forex Time Machine also comes with unique Forex Trading Blueprints. These blueprints make it super easy to plan and place your daily trades. The blueprints lay out the step by step rules to follow for each of the methods and will dramatically reduce your time in the trenches — you’ll get so good at trading with the blueprints, you’ll be able to do it in less than 20 minutes.

Full Year of Student Support

Profits Run continues to spend time and money building the best student support team in the industry after you’ve become their student. There’s no disagreement on this point: if you have questions, their support staff has answers. They are prompt and thorough when answering. That’s important, because most ‘gurus’ pretty much disappear after you’ve bought their course.

100% Guarantee

But perhaps the most stunning element to the Forex Time Machine course, according to other traders, is the 60 day money back guarantee. We haven’t found anybody else doing this. You’ll get two full months to review Forex Time Machine and take it for a test drive.

And, if you decide not to keep it, they take it back, no questions asked.

Forex Time Machine – Recap

The Forex Time Machine is one of the most comprehensive, complete trading methods on the market. New forex traders, old forex traders — doesn’t matter — there are lessons and strategies for everyone in this course. Following the step by step instructions is a breeze and gives you total confidence in mastering the three different methods.

Forex Time Machine should get your nod for the best Forex Trading Method on the market. Check it our for yourself, and let us know if you agree.

http://www.forextrainingmaterial.com/y/?i=1007616&u=4&l=f3

Today, let’s review one Forex Trading Method that meets our test for a good trading method and share with you why it’s a good trading method.

Our criteria for trading methods and the basis upon which we make our recommendations are:

• In-depth, detailed learning instructions
• Trade Opportunity Identification
• Entry Rules / Exit Rules
• Trade Plan and Strategy
• Risk Management (Initial and Ongoing)
• Product Support (Materials and Customer Support)
• Additional Product Tools (Forums, Member Websites)
• Product Guarantee

Any course, program or trading method must meet or exceed these criteria in order for us to give it the ‘Green Light’.

First up: Forex Time Machine

This is the latest in a series of Forex trading methods from 35+ year trading veteran Bill Poulos of Profits Run. Bill has most recently released a day trading course called Forex Income Engine 2.0 and previously released one of the longest running forex trading courses, the Forex Profit Accelerator in 2007. He is very well respected as a trading educator, teaches his students from the ground up, and is one of the few out there who doesn’t hype with ridiculous performance returns or guarantees.

If you don’t know Bill or have not had an opportunity to get some insight on his education style, watch this video as he teaches traders how to manage risk in every trade:

http://www.forextrainingmaterial.com/y/?i=%afdi%&u=4&l=f3

The Forex Time Machine – Does it meet our criteria?

What is it: Forex Time Machine teaches three individual yet synergistic methods for attacking the Forex markets, all in a single trading course.

Who it’s designed for: This is one of the few courses that crosses over the trading style lines. The methods are applicable to any timeframe – so whether you are a day trader or an end of day trader, or, a casual trader, the methods taught in this course will work for you.

Account size: $500 and up — this was a huge selling point for us. This course can be used for micro, mini and standard lot trading; we’ll discuss this more in the Risk Management section below.

Course Style: Forex Time Machine teaches technical indicator-based trading, using common indicators in a very powerful way. This is not a mechanical or automated program. Instead it puts the power to trade in YOUR hands, which is where we believe it belongs.

What you get:  The course contains a set of 7 cds and full-color indivdual reference manuals. These manuals make it very easy to find the information your’re looking for if you don’t happen to have the cds with you. — both of which are perfect for self-paced learning. You also get 3 card-stock ‘blueprints’ that summarize the trading methods and make it easier and faster to identify potential trades without constantly having to refer to a manual or a cd. Also included is Bill’s proprietary Broker Selection Scorecard and a Quick Start Guide to help you get moving through the course faster.

Criteria and Review

In-depth, detailed learning instructions

By far, one of the advantages we found of learning from this course is Bill’s very detailed examples and teaching for the application of the indicators and identifying potential trades. Many courses tend to rush through the sections on how to use a course. Not this one. You’ll be very comfortable learning at your own pace throughout this course and have the ability to take the very deep dive with Bill into the indicators, applying them to charts, identifying and placing the trades and managing risk.

Trade Opportunity Identification

Following on the detailed instructions, we found potential trades were very easy to spot, either visually or with the aid of the blueprints. This is key, especially in shorter timeframes when you must react quicker to market conditions. The three methods work together to provide an abundance of trading opportunities every day, and many of those are high probability, low risk trades with solid profit potential.

The other part of the methods we liked was the freedom to take out of the market as many pips as we were comfortable taking out. In some cases, if we only had a few minutes to trade in a day, we wouldn’t be required to watch a trade for hours on end. We could get in, get out and move on with our day. This is important most especially for more casual or end of day traders. Those who are day traders will find a shocking number of opportunities in our opinion and easily be able to take them.

Entry Rules / Exit Rules

One of the most important elements to our reviews is how a course teaches traders to enter and exit their trades. In this category, Forex Time Machine was a huge winner. You’ll learn step-by-step instructions for identifying, entering and exiting trades. You can ignore this section at your own risk!

It isn’t often we see a high quality course that shows you the precise setup conditions to be met before you even consider a trade as well as the exact entry point you’ll target — and then goes on to show you exactly how to manage the trade all the way through a scaled exit strategy. The three methods in Forex Time Machine all have unique rules for identifying and entering trades – the exit strategy is consistently applied across all three methods, which means once you’re in a trade, you’ll always know exactly what to do. That was very important in our view because it takes all the guesswork out of the trade, but still allows you the freedom to let the market come to you.

Trade Plan and Strategy

Another strong point for the Forex Time Machine was the ability to trade when YOU want to trade. It’s no secret that the one mistake many traders make is trading when they don’t have the time to pay attention to the details — this gets them into trades they should not make and creates too many ‘hurry up and hit my profit target’ errors.

The strategy behind Forex Time Machine is simple: trade in whatever timeframe best suits you. If you’re a daytrader, you’ll see detailed examples of trades from 5, 10, and 30 minute charts. If you can only trade in the middle of the day, you’ll see examples from 1 hours charts. If you can only trade at the end of the day, you’ll see examples from Daily charts. The freedom to apply the methods whenever it’s best for the trader makes this a solid course to work with. Too many courses are too rigid in their application, or take control away from the trader – which we continue to view as a bad idea.

Risk Management (Initial and Ongoing)

Bill is one of the loudest voices on Risk Management. His latest ‘weapon’ is called the Forex Risk Eraser — and when you learn to apply this to your trading with the three methods, we’d be very surprised if your results are not immediate! The key change he’s teaching here is how to manage risk FIRST and manage profit SECOND. Now, at first glance, you might think that doesn’t make sense. But it will make a world of difference once you see how it’s applied and how it changes the balance of trading power to be COMPLETELY in your favor.

Not only does he make it easy to understand and implement his risk management tactics, but he teaches you how to incorporate it into your trading life – that’s education you can own forever!

The amazing part of his risk management teachings was the ability to apply it to ANY method. Doesn’t matter if it’s one of his courses or somebody else’s. Who else teaches traders a concept that isn’t strictly for their own method? That was very cool to see.

The risk management teaches far more, however — you’ll learn how to accurately calculate the right lot size, position size, initial stop losses, take profit targets, ongoing (trailing) stop losses and preservation of capital for the long haul.

In our opinion, Bill Poulos is one of the BEST educators on the topic of risk management.

Product Support (Materials and Customer Support)

As we noted previously, we liked the individual manuals that come with the course for fast, easy reference. The materials are high quality and we had no problems running the videos. Forex Time Machine includes a forex basics course, technical analysis basic training, charting software information and trading ‘blueprints’ to organize trade planning. OVerall, excellent product materials, no extraneous or useless material.

Profits Run has long had a strong reputation for providing solid continuing support to students. Their email support system is easy to use, and they are very consistent in responding within 24 hours (and often even faster than that), even on weekends.

Additional Product Tools (Forums, Member Websites)

Profits Run doesn’t offer a product forum, however, they do offer a member’s website. Typically they’ve provided additional training materials on their products on their member’s only website, including special trading videos, webinars and more.

Product Guarantee

As well as product support, the product guarantee that Bill gives students is the best in the market. You get 60-90 days to review the product, test it and see if it’s right for you. Most courses out there are stuck on 30 day return periods, which as we’ve noted before hurts most traders because it forces them into hurry-up trading mindsets.

You have a long period to learn and master just ONE of the three methods and see if it can be profitable for you. Think about how powerful that is – can this course pay for itself? You bet — in fact, you only need 8 pips a day on average (in just one year) to recover the investment in the course. 8 pips.

With three synergistic methods, solid risk management practices, exceptional customer support and very detailed learning modules, anyone can master the Forex Time Machine.

Review Conclusion

Needless to say, we give Forex Time Machine our top ranking as one of the best forex trading courses on the market and one of the most complete, in-depth but easy to understand trading methods we’ve seen in a long time

Our research and surveying has confirmed that too many new and inexperienced forex traders simply do not know how to manage risk in each trade — and all too often, the result is the same: they wipe out their accounts.

Here’s what we find is happening. Forex has grown in popularity so quickly that many traders who are new to forex trading have just waded into the waters, opened an account and have begun putting on trades without any real thought or planning to how to approach trading.

It should be obvious that the problem with this thinking is little to no understanding of how to approach trading foreign currencies and the significant risks to capital that it poses. All to often, new traders try to trade first and learn second.

And the result of that learning is the loss of their account balances. Hey, let’s be honest, trading on a demo account is never the same as trading with real money. You do not apply the same emotional control, the same trading principles or rules, you’ll take greater risks with the demo account and play too safe with the live account (often to your own loss).

Reverse your thinking: learn first, trade second. In fact, across the board, the need to reverse people’s mindsets about forex is what is needed. Learn the right way to trade first, and THEN take that knowledge to the market and trade with it.

As part of that learn first scenario – the NUMBER ONE element to trading forex that new, inexperienced or unsuccessful traders should learn is how to MANAGE RISK FIRST in every single trade.

Today, one of the most well-respected Forex educators, Bill Poulos, released a video that teaches traders EXACTLY how they should be trading forex. And, how traders can put more trades in their favor by erasing risk — it’s very cool thinking and it isn’t what’s being taught by most of the so-called ‘Gurus’ out there.

Catch the video here:

http://www.yourforexangle.com/y/?i=1007616&u=4&l=f3

By learning to manage risk FIRST, traders will find their trading transformed as they are able to approach forex trading with an entirely different mindset, a plan for erasing risk and a solid set of rules by which to trade.