Are Looking For Some Trading Robot That Will Automatically Trade For You, Or A
"Magical" Indicator That Will Tell You When To Buy Or Sell, THIS IS NOT FOR YOU!!!
Despite what you
may think, trading is not about gimmicks, or taking theeasy way out. It's
about actually understanding and interpreting
From The Desk Of John Templeton (The Course Creator of Price
My Dear Fellow Trader,
I don't envy any new trader who is just beginning to trade the
forex market. These poor people are getting absolutely bombarded with one
gimmick after another.
It almost seems like trading has become a lot more about
bells and whistles than actual trading.
We live in a time where we have traders who basically let
robots do the trading for them. Am I the only one who thinks this absolutely
We live in a time where a large chunk of the trading public is
looking for indicators that will put arrows (↑↓) on their charts so they know when they should buy or
We live in a time when traders are spending hundreds,
maybe even thousands of dollars a month on the supposed latest and greatest,
most state of the art charting platforms.
My, goodness!!!! When did trading become about who had the
The Greatest Tool That A Trader
Has Is Their
The good news is that you don't have to pay for
that. It's a packaged deal. You use it everday.....free of charge. Whenever you
have a problem in your life or you have to make some kind of decision, your brain tells you what to
Trading really isn't that different from life. Everyday, you
are presented with new data, and you have to decide for yourself what are you going to do? Am I going to
buy, sell, stay out of the market, etc.....?
My question is why do people run away from
this? A lot of traders are scared to death of making these kind of decisions for
Don't believe me? Well......let's take a look at
some of the evidence.
Forex Trading Robots - Could there
possibly be a lazier way to trade the forex market??? You are talking about a script that
will automatically trade for you and get you in and out of the market without any kind of human
interaction. You live and die by what a piece of software is going to do.
Instead of a trader taking personal responsibility for his or
her own trades, they would much prefer to let an inanimate object decide their financial
This is the epitome of what trading has become. It
seems like nobody wants to get behind the wheel of the car, and make a
decision!!!! Instead we want somebody or something else to do it on our behalf.
Obviously, people would prefer to be sipping margaritas on the
beach while their trading robot makes them money....but guess what??? Trading is a
job!!!! If you want to make money forex trading, then YOU are going to have to do
You Can't Outsource Your Job To An
It's not just trading robots that have made the average trader lazier
than they used to be. Indicators should take a lot of the blame as
You may think "John, but I still have to make the decisions
whether to buy or sell".
To that I say, "Are you the one really making the
If you short the market because your Stochastics are
telling you the market is overbought, are you the one really making that
Do you really understand why the market is
overbought?? Do you understand how it can be overbought??? Do
you really understand the fundamental reason why you are shorting the
Is it just because this indicator is telling you to?
What do YOU think?? Do you also know that this indicator is
You know what the most astonishing thing is about indicators like
Stochastics, MACD, RSI, (the list goes on and on)? You don't have to look at the price of
the market to trade it. You can basically trade them as if you were, in fact, a
You can say "I'll only trade when the markets are overbought or
oversold on Stochastics" or "I'll only trade when MACD shows price
If that's the case, why can't a child trade the market (besides
the obvious fact that they're too young to open an account)??? Seriously, all they have to do
is sit there and wait for their indicator to give them the green light to trade. It's
not like they have to sit there and interpret anything.
STOP Paying For State Of The Art
If there is a business that feels like it's bigger than the forex
market, it's the forex platform market. Seriously, how many of these
"revolutionary" charting platforms come out every single day.
I always see an ad for them on the internet or on a
commercial while watching a financial news network. I always say to myself "when did
trading become so complicated"?
They always talk about all the cool gadgets that they offer,
thousands of different indicators, and all the latest technological wizardry. It wouldn't be so bad
if they weren't so expensive. I'm astonished at the costs that some
traders pay just for the privilege of using this "state of the art" software. What's wrong with the
"boring old FREE Metatrader platform?"
But it just confirms the attitude that a lot of present day
traders have towards the market. They want MORE......MORE......MORE. They want to
be able to play around with thousands of indicators. Sure, they'll never have enough time
to try them out, but it's nice that they are available. C'MON......enough is
I don't mean to come down hard on people who overload their charts
with indicators. Truth be told, I used to do that when I first began trading. Here is a
screenshot of what my charts used to look like when I was a fresh-faced
But eventually I realized that I didn't know what any of his
mumbo jumbo actually did. I was just preprogrammed into thinking that I HAD TO trade with
Everywhere you go online, whether it be, really popular forex forums
or chat rooms, all you see is people trying to concoct a mechanical trading system
using indicators. I thought I had to do the same thing.
This mechanical mindset that traders have is
just unhealthy. It goes back to my previous point that traders don't want to have to think
about their decisions when it comes to trading. They would just prefer to sit down and say
"well....my indicators say buy, so I'll buy".
This is exactly the reason why so many black box systems are
sold, and why so many people never make money from them.
When Did Interpretation Become A Dirty
You know we live in a time where only 5% of the trading public is
making money in the forex market. Why do you think that
Do you think it's because the successful traders are
smarter or have a better education than the unsuccessful? That couldn't be farther from
the truth. There are plenty of successful traders who never even graduated
from High School. Intelligence, or lack there of, has nothing to do with
Do you think it's because the successful traders can
afford all the expensive trading software to trade with? Really???.......I think you remember
my point about people wasting their money on needless charting
Do you think it could be because the successful traders know the
"holy grail"? Well.....I hate to be a myth buster, but there is no such thing as the holy
grail. At least, not in the way that you think it does. There is no magical
formula that will unlock the million dollar secret to
Give up? It's simple:
The successful forex traders understand that the market is not
mechanical, and shouldn't be handled as such. They understand that in order to be successful
you have to analyze and interpret the
Somewhere along the way, words like analyze,
interpret, and subjective became dirty words in
Traders didn't want to have to think. They just wanted
to be told what to do. But that's not what trading
Any Idiot Can Create A Forex Trading
Don't believe me?? Just go to one of the many
popular forex forums that are on the internet.
You'll see literally thousands
of forum threads with traders creating their own forex trading systems.
Other members of the forum go to the thread and then start trading that particular
What usually happens? It doesn't work out too
well. Why do you think that is?
Well......for starters, it probably is an indicator
based trading system. In other words, it's a system that could be using moving average
crossovers, just for example.
Doesn't really leave much room for interpretation
if all you are doing is buying and selling when a couple of moving average lines cross one
The other problem is the fact that you are ALWAYS supposed to
be trading when the lines cross one another. Let me tell you something. There is no such
thing as ALWAYS in trading.
Lastly, you are not separating yourself from the
Let me put it to you this
If there was a mechanical forex
trading system in which you can make incredible returns, get a high winning percentage of trades,
low drawdown, and be able to do this without having to analyze the market, then why in
the world is only 5% of the trading public making
Don't you think if mechanical trading was really that simple,
there would be more people making money?? After all, we would all just be trading the same
mechanical system everybody else is. We would all have the same entries, exits,
etc..... because the parameters would all be the
Price Action Is The Greatest
It is what really separates the boys from men, when it comes
to technical analysis. Heck....... IT
IS technical analysis.
When you don't use indicators, you actually
understand why you are taking a trade. You are not taking a trade because
Stochastics are oversold or overbought. YOU are the one the making the decision, and
best of all YOU understand it, and YOU are able to explain
There is no getting around it. If you want to trade the markets,
you are going to have to understand what you are looking at. Make no mistake about it.
Chart-reading is a skill. It's not some "holy grail" forex trading robot
you can turn off and
From the first ever day that the stock market opened, there were
floor traders who were analyzing the price movement of a stock as it was going up and
People like Jesse Livermore became rich at the beginning of the 20th
century just being able to follow the price movement by LISTENING to the direction it was moving
He was able to spot natural support and resistance areas in the price
just by paying attention. This is somebody who didn't have the technological advancements that we have
today. What's our
We shouldn't have any excuses. None whatsoever. Traders have just
become too dependent on technology. Instead of taking the time to learn how to properly
analyze the markets, we have traders that want all these gadgets, bells, and whistles to do the analyzing for
What Does Price Action Tell
Well, in short........everything (at least from the
You know how people read a book? Or how you are reading this right
now? Well.....that's kind of how this works.
You can start from the left of the chart and start reading to the
right, just as you would read a
You can start to see support and resistance
You can see where the market would have some breakout
You can read the possible future direction of the
You can see how time is a factor in where the price
will be going
You can basically see exactly what is happening in the
Yes.....I know that there are indicators that will tell
you where support and resistance lines are. Yes....I know there are indicators that will tell you
where breakout levels are. Yes...... I know there are indicators that predict where the price is
My suggestion is to test these indicators out for yourself. I
am sure you'll be completely underwhelmed with how unintuitive most of them
Once again, if it was that simple to make money by slapping on a
couple of these "magical" indicators, then nobody would be struggling to make
You have to see it with your own
eyes. You should be able to spot a support and resistance area just by simply looking at a
chart. There are no formulas involved. It's all about comprehending what you are
My goal is to get you to see the market through your own
eyes. Not filtered through a Stochastics, MACD, RSI, or any other lagging indicator, that supposedly has
insight into the market.
With The "Price Action
Trade" Course I'll Show
How To Quickly Spot A Trend
The Correct Way To Use Trendlines
My Trading In The Buff Strategy (Currently being sold separately for
The Importance of "Wicks" In Trading
A Really Simple Way To Spot TRUE Support And Resistance
When And How To Use Fibonacci Retracements
How To Trade The Market From The "Top-Down"
How You Can Literally Read A Chart From Left To Right
Price Action Is
You want to know my favorite thing
about trading the market like this is? Without question it has to do with the fact that it's universal.
What do I mean by
Well......have you ever seen one of
those mechanical forex trading systems where the developer says something like this only works for the
EUR/USD and only a 15 minute
I can't help but
Aren't you kind of handcuffing yourself if you can only trade
one currency pair on only one time frame? It seems kind
of gimmicky, doesn't
Why on earth should there be any kind of limits as to what
you can and can't
Since it isn't a system (At least, in the
traditional sense), there are no
You can trade any currency pair.
You can trade any time frame.
You can trade any MARKET!!!!
You can scalp the market.
You can swing trade.
You are only bound by your own
This doesn't mean you should trade EVERY currency pair, just because
I'm sure you'll find that certain trading pairs are more
favorable to your own personal trading style (conservative or aggressive). But it's nice to know
that you have the option of finding out for
So, What Exactly Is It That Your Getting In The
"Price Action Trade"
You get access to my members page that has loads of
content and over 6 hours of
I also want to make sure that you
understand the concepts that are discussed in the course. While me explaining and
teaching those concepts are important, there is nothing better than seeing them in real
So, what I did during a 2 week span, is I recorded 19 trades
that I took, and I explain in detail WHY I took those trades.
I explain my reasoning behind every trade, my entries, exits, stop losses,
I ended up having 15 winning trades and 4 losing trades, for a total of
Like I said, I want to make sure everybody understands
these concepts, so I plan on creating new videos/content based on the feedback I get from my
So if there is something that needs to be updated, IT WILL BE UPDATED.
OK, This Sounds Great But How Much Is This Going To Cost
Before I mention the price, I just want to say that this is going
to be only an introductory
The price WILL increase, without any warning. When
it does, it will not go back down again. So, please don't ask me if you
could purchase it at the "old
But as of right now, I will be offering the course for a one time investment
30-Day Money Back
You will have 30 days to test out the course. If you are not satisfied with the course material and can prove
that you have at least made an effort to use the concepts taught in the course, I will
give you a full
Frequently Asked Questions
Q: Can the course material be used to make a forex trading
A: I have absolutely no idea! I don't know anything about
trading robots. But I doubt it. This is not a mechanical system I teach, so I would imagine it
would be difficult to make exact parameters for a robot to trade. Although, I'm sure you already know how I
feel about trading robots
Q: Is the course suitable for
A: Absolutely!! However, I do not cover the very basics of
forex trading, like what is a pip, what is a limit order, etc..... But you can find many websites online
that cover the very basics of
Q: Will I Become Filthy Stinkin’ Rich If I Buy Price
A: There is absolutely no way I could answer that question. It’s
like asking if I start my own business, will I be rich? Everybody is different.
Nobody trades the exact same way. Nobody looks at the market in the same
manner. If that’s what you are looking for, then I strongly encourage you to go to one of the many
forex forums online, and check out all the mechanical trading systems that people talk about in the threads.
You’ll have your choice of thousands to choose from. All the work will be
done for you. Just don’t get your hopes
Q: If I Buy This Course, Will I Have
A: Of course you are going to have losing trades!!! This is,
after all, called TRADING. That’s what all of us are doing. It’s not
called FREE MONEY. I don’t care who you are. You are going to have losing
trades. 100% accuracy in the markets cannot, would not, and will not ever exist. If you know
somebody who can be right 100% time on every trade they take, please
let me know about them. I would LOVE to meet the most powerful person in the
If that’s your expectation of trading, please stop trading
RIGHT NOW. I guarantee you that you will not be happy. Either you have seen too
many “Buy my trading robot, and make $100,000 a month” ads or you just
simply have a “pie in the sky” kind of mentality. Either way, it’s completely unrealistic
to not expect losing
What counts is the bottom line. If your profits are taking two
steps up, and one step back, then you are light years ahead of the majority of the
Q: Is The Course Complicated To
A: I don’t think so. If you are an indicator junkie or have
only traded mechanical systems, then it may seem awkward at first, but with practice, and a little thinking
outside the box, I don’t see any reason why you would have a difficult time learning the course
Q: Can This Material Be Used In Other
A: Absolutely!! I am personally just a forex trader, because that’s
what I feel most comfortable with. But remember, this methodology is universal. Whether it be stocks, the e-mini,
the Russell, ETFs, options, etc….price action is still price