http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/http://www.fxstreet.com/education/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-02-08.htmlHello traders! In a recent Online Trading Academy class I was teaching, a new student/novice trader was silently staring at his screen with a perplexed look on his face. "Jim" has been aware of the markets for a long time, and had made a couple of stock trades in his entire investing career - mainly he was a mutual fund holder. During that day's class trading session, I asking individual students why they placed their supply/demand zones in those particular places, why they were in a trade,Wed, 08 Feb 2012 06:20:58 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-02-08.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-02-01.htmlWelcome to the second part of our exploration into the dynamics of pretty much the most basic, yet fundamental and powerful aspects of Technical trading: Support and Resistance. I love talking about this subject and pretty much without fail, whenever I am teaching a new batch of students in the Online Trading Academy worldwide centers, I always end up spending as much time as possible with them going through as many examples of why any trader using a thorough understanding of this concept isWed, 01 Feb 2012 06:07:54 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-02-01.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-01-25.htmlHello traders! One of the main topics of conversation that I have with new traders or students at Online Trading Academy is about the quest for trading's Holy Grail. While most are interested in a combination of technical analysis studies with supply/demand and a trend indicator or three, the actual Holy Grail is none of the above. In fact, it is much easier! The actual Holy Grail is proper risk management. That's it. End of newsletter, talk to you in two weeks! Actually, it is a bit moreWed, 25 Jan 2012 05:44:09 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-01-25.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-01-18.htmlIf you have never put the term "Technical Trading Strategies" into a Google search, then I suggest you do it now before reading any further in this article. The reason behind this suggestion is that I would like you to see exactly why I preach about keeping trading as simple as possible. If you have yet to do the Google search I suggested, then let me save you the time and trouble and tell you that you will find literally hundreds of websites and postings on the internet right now, all withWed, 18 Jan 2012 06:12:33 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-01-18.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-01-11.htmlUgh, hello traders. Another year, another beat down coming from these darn markets. I can't believe I'm still trying to trade and make money when everything and everyone is out there trying to take my hard-earned cash. Every time I think I've found the next great trading strategy that someone showed me - either on the internet chat forums or at a trading club I belong to, or in the two dozen trading books I picked up over the year, or the five trading magazines I subscribe to - the darn systemWed, 11 Jan 2012 06:12:51 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-01-11.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-01-04.htmlFirstly let me begin this week's article by wishing everyone of our Lessons from the Pros readers a very Happy and Prosperous New Year for 2012. For some this is a little bit of a downbeat time, as the blues creep in after the festive celebrations. But if you are anything like me, I am always invigorated and fired up for the challenges of the year ahead. With this in mind, I believe that the holiday season and start of each and every New Year is one of the very best times for traders of allWed, 04 Jan 2012 05:43:01 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2012-01-04.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-12-28.htmlHello traders! A very disturbing series of events has inspired this week's Lessons From the Pros newsletter. By now I'm sure most of you have heard of the disaster that occurred at MF Global. At the time of this writing, the outcome of this mess is unclear, as is also what was the exact cause of it. The basics are that the company "invested" uninvested CLIENT money in a basket of European bonds at a highly leveraged level. While buying a bunch of beaten up bonds for the high yield andWed, 28 Dec 2011 14:36:14 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-12-28.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-12-21.htmlNow there's a statement! I don't think it really matters how old or young you are or what you do in life, but Christmas really is one of the best times of the year, and if we are honest with ourselves, there is always something we don't have and would like to get our hands on for Christmas. For some, it may be a new car; for others, it may be more time with loved ones; or simply just a nice surprise may be all it takes! No matter the circumstances surrounding us, this time of year is always aWed, 21 Dec 2011 05:29:47 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-12-21.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-12-07.htmlThere are many reasons why I enjoy teaching Online Trading Academy students how to trade the financial markets of the world, ranging from the satisfaction I obviously get from helping others, to knowing that I am helping people to protect the capital they worked so hard for in the first place, and also when I discover something new for myself! That's right; I also learn new things not only from my students, but also from researching and explaining ideas and topics in the teaching environment.Wed, 07 Dec 2011 05:52:52 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-12-07.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-12-14.htmlHello traders! In nearly every Lessons From the Pros newsletter, we discuss the basics that all successful traders have in common - taking your small losses and letting your winners run. How you come to the decision of exactly when and where to get into a trade, based on your own preferred technical analysis strategies, will be as diverse as the number of traders out there! It could be a moving average crossover, supply or demand zone, overbought on a CCI in a downtrend, etc, etc. What isn'tWed, 14 Dec 2011 05:56:19 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-12-14.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-30.htmlHello traders! Last week, I was teaching a Forex class in the Irvine, CA office of Online Trading Academy and had an interesting conversation with a couple of students. The interesting part was that it was the same conversation I've had with dozens of traders from around the world - be it in class, an airport, or even listening to a cab driver tell me about his trading! The conversation starts the same way - "I know a lot about trading/charts, but I'm not consistently profitable yet." MyWed, 30 Nov 2011 06:21:28 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-30.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-22.htmlOkay, I finally confess to you all: I love the news! If you are reading this statement right now and you are a student of mine or familiar with my previous articles, you may actually be thinking that I have been pulling the wool over your eyes up until this very point due to the fact that I have spoken time and time again about how I keep my trading simple by just objectively following the imbalances in Supply and Demand on my Technical Price Charts. Well, this is very much still the case ITue, 22 Nov 2011 12:32:54 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-22.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-15.htmlHello traders! In my nearly twenty years in the financial industry and five years of teaching different classes for Online Trading Academy, I have seen many different trading styles and setups. These different setups can be broken down into two different types of trades: Reversals and trend following. The interesting thing about these two styles is this: A reversal trade on one time frame is probably a trend following trade on a longer time frame! In this chart, the EURUSD pair started a sharpTue, 15 Nov 2011 12:29:50 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-15.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-08.htmlOver the years, there has been plenty of debate about the positive and negative aspects of Forex trading. I personally have been involved in the currency markets since pretty much the very start of my trading career and have always found them to be a perfect and powerful compliment to the other asset classes I have traded, like equities and futures. However, the generic rule of trading any market is to make sure that you fully understand the dynamics surrounding it well before you put realTue, 08 Nov 2011 12:24:50 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-08.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-01.htmlHello traders! This week I'd like to discuss a topic that comes up in every Online Trading Academy class I teach. It doesn't matter if it is a Forex class in Austin, a Professional Trader in Minneapolis, or a Futures class in Philadelphia; new traders sometimes have questions as to which supply and demand zones to identify on the charts. The easy answer is, "The most important levels!" However, this isn't all that clear when you are at home looking at the charts on your own! One of my firstTue, 01 Nov 2011 11:32:01 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-11-01.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2009-09-29.htmlA couple of weeks ago I wrote an article called " It's All In Your Head ". I would like to thank everyone for their feedback on that particular article, as it seemed to hit home with quite a few of you out there and I enjoyed writing it very much. The last thing I was planning on doing, however, was writing a follow-up, yet much like trading for a living, unexpected events occur and you have to learn to evolve, so here I am revisiting this subject once more. As a writer and instructor forTue, 29 Sep 2009 11:08:55 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2009-09-29.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-10-25.htmlEach time I write one of these articles, I like to offer you some practical and hopefully insightful slices of information to help the trading journey go smoother. This week, I am in my final leg of a mini tour of the United States, having been welcomed warmly to teach a Futures class in the beautiful surroundings of Denver, Colorado. As we approach the fourth day of what has been a delightful and energetic class, I wanted to share a little look into a topic which we covered today as a littleTue, 25 Oct 2011 11:45:39 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-10-25.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-10-18.htmlHello traders! Have you ever looked at a chart and had the supply/demand levels just jump out at you with such clarity that you almost knew that price would turn there in the future? With a bit of seat time watching the charts this skill is easily developed. But have you ever wondered why price turns there in the future? There is a psychological reason for these most obvious of retests which I will discuss this week. In nearly every Online Trading Academy class that I teach, the question comesTue, 18 Oct 2011 11:46:09 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-10-18.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-10-11.htmlThis week I am writing my article in my hotel room after yet another hugely successful week in Southern California for the Online Trading Academy's Annual International Conference. For me personally, this is a great opportunity to spend quality time with my colleagues across our ever-growing network of world-class financial education centers, giving us all the perfect opportunity to share ideas and ultimately help our students more effectively in their goals to becoming consistently profitableTue, 11 Oct 2011 12:12:48 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-10-11.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-10-04.htmlHello traders! In my last newsletter, Some Thought From Economics 101, Part 1 , we were discussing one way a government or central bank may influence the strength of their currency which was lowering interest rates. When a local currency has a lower rate than a foreign currency, the foreign currency will draw more investment dollars than the local currency - thereby, helping to keep the local currency weak to help the local economy. But what happens when both currencies have an extremely lowTue, 04 Oct 2011 12:32:28 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-10-04.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-09-27.htmlAs much as I like to write about all aspects of Forex trading in my articles, my favorite kind of lesson topics are when they deal with actual events that have happened recently in the market. Typically, the day-to-day actions of the markets present their own lesson in a unique way and we can learn much from these important occasions. This week I would like to take a look back at the FOMC Statement from last week on September 21. These news days typically cause plenty of commotion in theTue, 27 Sep 2011 11:28:26 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-09-27.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-09-20.htmlHello traders! In this week's newsletter, I would like to address a couple of fundamental topics to help explain why the market is behaving like it is. There are many variables to some of the economic theories and possibilities out there, but before we get started we do need to have an agreement in that the examples I will give are reflective of a basic Economics 101 explanation. The first question we will discuss this week is, "Does a government want a strong or a weak currency?" The answerTue, 20 Sep 2011 11:44:26 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-09-20.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-09-13.htmlIn my seven years of being involved in the world of trading, I have never met a fellow market speculator who has at some point in their trading journey not gone looking for the perfect set of technical tools or indicators. I honestly think this endeavor is a required rite of passage for anyone who hopes to become a consistently profitable trader of today's financial markets, as we are often misled in the early stages of our trading education into believing that there is some magic formula orTue, 13 Sep 2011 11:43:34 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-09-13.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-09-07.htmlHello traders! Catchy headline, isn't it? It is the truth. But I do have to be perfectly honest with you - by being "right," I meant that I followed my plan on every trade. Does that include taking small losses along the way? Yes, it does. This week's article was inspired by two conversations I've had with students over the past month. Both of these students had been to an Online Trading Academy class before and both would be considered intelligent and very competent in their technical fields.Wed, 07 Sep 2011 11:39:42 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-09-07.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-30.htmlOver the last few articles I have written for the Lessons from the Pros, I have gone right back to basics and explored the most fundamental aspects of consistently profitable trading, like having an easy to understand plan, using strict capital preservation skills and knowing when to and when not to take a trade. Over these articles, we have explored the theory behind these simple rules, so I thought what better than to follow-up these lessons with a real-life practical example from an actualTue, 30 Aug 2011 11:44:01 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-30.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-23.htmlHello traders! In previous Lessons From the Pros newsletters, we've discussed many of the differences and a few of the similarities between the spot foreign currency market and other markets you may be trading, such as the U.S. stock market or futures markets. This week I want to show you how the weekend gap can occasionally be a good trading opportunity for the Forex trader. Before we get too far, we must define what a gap is. Investopedia.com defines a "gap" as: A break between prices on aTue, 23 Aug 2011 11:29:20 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-23.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-16.htmlAfter writing my last Lessons From the Pros article two weeks ago, Keep Your Trading Simple - Part 1 , I have had a number of emails sent to me asking me to detail my three new Golden Trading Rules that I briefly spoke of. As promised, this week I will share these with you, but first, we should quickly recap why I believe that in the vast majority of cases, approaching your trading as simply as possible is typically the most effective and pain-free route to success for us all. Like a brokenTue, 16 Aug 2011 11:29:34 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-16.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-09.htmlHello traders! In every Online Trading Academy class that I teach, I will ask the questions, "Who has a trading plan? Not just one in your head, but one that is written down?" Students who are new to class invariably say no. What astonishes me is when a student who is retaking the class doesn't have one. Several times during our 5, 6 and 7 day classes, the topic of your trading plan comes up. If you have been to a class or two (or more!) and don't have a trading plan in writing, you are doingTue, 09 Aug 2011 11:33:06 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-09.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-02.htmlAfter a six month sabbatical, I must say that I am truly excited to be back to writing articles for the weekly Lesson From the Pros offering. Before I get straight into my subject for this week, I would firstly like to extend a huge thanks to the brilliant Rick Wright who kindly stepped up to the plate and took over writing duties for me while I was on my extended break and getting married (if you were wondering where I have been!). In fact, Rick has done such an amazing job, that we decidedTue, 02 Aug 2011 12:06:51 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-08-02.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-07-26.htmlHello traders! I'm sure many of you have seen or heard or even traded some of the popular patterns or setups out there. I'm referring to things like head and shoulders, double tops, double bottoms, triangles, etc., etc. What about the latest moving average crossover? How about the 3 ema crossing the 8 ema when the 34 is trending in the same direction? Many of these different entry/exit techniques have been around for a long time, but just get regurgitated by some new guru promising fantasticTue, 26 Jul 2011 11:29:58 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-07-26.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-07-19.htmlHello traders! In every Online Trading Academy class I teach, the topic of the trading plan comes up. What is a trading plan? It's a set of rules that you will follow as your trading business evolves. A few suggestions for included topics in the trading plan are as follows: 1. Risk Management. From how much of your account to risk on a per-trade basis, to your expected reward:risk ratio, to how many trades you are permitted to do in a day, risk management is perhaps the most important part ofTue, 19 Jul 2011 11:44:06 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-07-19.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-07-12.htmlHello traders! This week I would like to take a look at the possibility that you missed a terrific entry on a trade, but you are still confident in the eventual destination. How far are you willing to "chase" the trade? Looking at the following chart, we have several possible entries for a short EURUSD trade. The first red arrow labeled "1" would have been the best entry as we have a trendline break and a re-test of a supply zone in the 1.4673 range. We also have a very healthy profit targetTue, 12 Jul 2011 12:20:31 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-07-12.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-07-06.htmlHello traders! In every Forex class I teach at Online Trading Academy, we discuss certain "odds enhancers" that can help us in our trading. These odds enhancers on a chart include trendline or moving average intersections with supply and demand levels, divergences from price with indicators/oscillators, candlestick patterns, etc., etc. Another set of odds enhancers include watching oil, gold, copper, interest rates and perhaps the dollar index. This week we will discuss the dollar index and myWed, 06 Jul 2011 11:40:01 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-07-06.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-28.htmlHello traders! In last week's Lessons From the Pros newsletter, we discussed how learning to trade is like learning to drive a car - Learning to Trade is Like Learning to Drive . This week we will continue the driving theme while we look at charts to help us determine high probability/low risk trades. When you pull up to an intersection, very often we have a couple of choices to make be it to turn left, right, or go straight. In trading, our choices are buy, sell or wait. In the followingTue, 28 Jun 2011 11:44:23 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-28.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-21.htmlHello traders! For this week's newsletter, I was a bit torn on how to present the idea I had in my head. At first I wanted to use a lot of golf comparisons instead of car driving analogies, but after talking to a couple of my recent students, I realized that nearly everyone can relate to driving a car while not so many can relate to learning how to play golf. Get it? Learning how to "drive?" Puns and golf humor are truly hysterical. In nearly every class we have at Online Trading Academy,Tue, 21 Jun 2011 11:34:14 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-21.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-14.htmlHello traders! This week I would like to go into the thought process we all went through when learning how to trade, and when we learned how to trust our supply and demand zones. Remember back when you were placing your first trades? All those flashing lights and wiggly lines, not knowing what in the world was going on. If you learned to trade in one of the old SOES (Small Order Execution System) shops in the 1990's, the jargon was easily as confusing. "The tick is up to 900," or "GoldyTue, 14 Jun 2011 11:32:33 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-14.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-07.htmlHello traders! This week we will refine a bit of our analysis of supply and demand imbalances, while giving kudos to a (currently) nameless instructor. Last week I was teaching an E-mini Futures class for Online Trading Academy in San Jose, California (yes, I do more than just Forex)! A new instructor was going through the class which is required to become an Online Trading Academy instructor. While we were discussing the inter-relationship between the currency markets and the stock market, aTue, 07 Jun 2011 11:52:33 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-07.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-01.htmlHello traders! During every Online Trading Academy class, your instructor will emphasize repeatedly the importance of buying in clear demand zones and selling in supply zones, being aware of the bigger picture trend. This is nothing new to the Online Trading Academy student or someone who reads these Lessons From the Pros newsletters! One of the most common complaints we instructors hear is, "I'm not sure which supply zone to sell in or which demand zone to buy in. There are so many of them!"Wed, 01 Jun 2011 11:39:17 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-06-01.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-05-24.htmlHello traders! After being an instructor with Online Trading Academy for going on five years now (wow, has it been that long already?!?), there has been a type of question that comes up in every single class. "Why did this currency pair move opposite of what the fundamentals would imply?" or "Who is selling /buying this pair when the news said it should go the other way?" or "What caused the pair to move that direction?" My response is usually, "Why does it matter to you?" Now I understandTue, 24 May 2011 11:39:51 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-05-24.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-05-17.htmlHello Traders! I'm sitting here on May 11 watching the GBPUSD moving up approximately 150 pips (from ~1.6350 to 1.6500) in just over 3 hours due to the Bank of England's Mervyn King being a bit more hawkish on the possibility of raising interest rates this year. The general thought process is this: If an economy is growing and experiencing increasing inflation, central banks will slowly begin to raise interest rates to slow the economy down to head off rampant inflation. As an economy slows,Tue, 17 May 2011 11:30:02 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros-forex/2011-05-17.html