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Questions? Contact Chris Lori here |
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Special 3 Day
Workshop!
Chris Lori is the only known institutional and private client FX Fund
Manager and CTA who also trains private traders sharing his market
insights and strategies.Featuring the Fibonacci Trader Charting Software Here's your opportunity to learn how to profit from price action using Fibonacci with your trading . Learn about Fibonacci based price patterns and convergences helping you spot key levels in advance! About Chris Lori, CTA This 3 day intensive workshop will be your opportunity to learn from a FX fund manager, CTA and highly respected professional! Chris is a total professional in his training approach and fully understands the development process of a trader in its entirety. His trading philosophy is that market knowledge is the essential foundation to your trading success, followed by a sound psychological profile, trading strategies and the necessary tools and facilities to run your business. He covers all of these necessary components in his teaching and mentoring. Chris is a hard core trader with a realistic and practical trading approach. If you are looking for a “Holy Grail,” go somewhere else! When asked why he shares so much of his approach to the market, Chris replies; The trader lives within you. To be successful in trading you have to understand the marketplace in which you are competing and you have to be an independent thinker. It is a pleasure to mentor people who are serious about trading and see them succeed and quit their jobs to go full time. I like to share the real inner-workings and strategies of the bank and fund manager environment to give serious traders a chance. Friday Evening Session The Institutional Trading Environment Primer: Most developing traders want to be part of a community; they want to know what others are doing and have access to information and resources that will lead to consistent Forex profit like the major institutions and bank traders. In this session, you will be introduced to the banking environment. We will review of the fundamental and technical considerations made by the world’s largest Forex traders. OK, we realize that many of you have no interest in the fundamental aspects of the foreign exchange market. Even the most successful quants and technical traders understand the importance of the fundamentals in driving price and volatility. The first session will start by covering some basic fundamentals that are absolutely essential if you want to understand how the foreign exchange market works. If fundamentals do not interest you, then you probably will have a tough go in this market. This will just be a warm up to the next section, which will get into more detail on interest rates, interest rate spreads and their affect on longer term trends and price. This is essential information for those who want to be position traders. We will also discuss other critical aspects of what drives price and inter-market relationships. In this section, we will walk through current day bank analyst’s reports and learn how to draw out the important information relevant to what price is doing and why. Most of all, how you can use this information to guide you in your trading success and enhance your overall market knowledge, just like the professional traders and dealers. Once you have gone through this section, you will reflect and be amazed at how vulnerable you were as a novice trader, because understanding this section will propel you to the advanced level. If you ever want to know how the institutional traders think and operate, this section gives you an insider’s view like no other. What distinguishes this workshop from any other, is that there are few, if any, other instructors with the experience and qualifications to share this kind of information. You will be shown daily informational resources and bank reports that are available to you and how to use this information to guide your daily trading regime. Saturday and Sunday Sessions Understanding Price, Unique FX Market Characteristics and the Foundation for Patterns: Chris’ method is a unique combination of Price Fractals, Psychological Dealing Zones and Chris’ Deep Fib Zones which are the root of his pattern trades. This price and pattern based approach at trading will provide you with a life long understanding of price. When you understand how price works in relation to the global marketplace, volatility, time of day and other critical factors, then you will be prepared to attack this market. When you learn an indicator based trading system that perhaps didn’t gel with you and your personality and was not profitable, you are left with little progress in understanding the market, accept the fact that what you just learned didn’t work for you. When you learn Chris’ approach to the market, he will also teach you at least six of his favorite strategies. What’s more important than learning a few strategies, is that you will learn how the market works, enhance your market knowledge to a much higher level and have the tools to adapt your own personality into Chris’ methods and strategies, or even your own. You will have the foundation to establish the essential requirement of every successful trader… Independent Thinking! You cannot and will not succeed unless you are an independent thinker. Chris gives you all the tools to do so along with every tool and strategy he uses as a trader. Four High Probability Reversal Patterns You Must Use in Forex Trading: Price Patterns are leading market indicators that will show you precisely where a high probability trade can present itself in the future. This beats all those lagging indicators commonly found with cheap forex systems that lose money. Not only do you lose money, but you don’t learn anything about the market, in the meantime. Indeed, lagging indicators have their place in trading, but high probability set ups are in the hands of traders empowered with a proper method to identify market levels in advance of price moves using powerful systematic pattern recognition techniques. This workshop will show you four high probability patterns using Price, DFZ’s and other market factors, (and some highly proprietary, extremely secret lagging indicators - ‘tongue and cheek folks’) to help you locate precision entries. There is no question that chart patterns have power in generating very profitable moves. It is always easy to see a chart pattern after the fact. You will learn to apply an excellent combination of tools to get in the chart pattern at the root of the trend or move. This will give you the flexibility to take early profits on a percentage of your position and leave you with the possibility to manage a long term trade with the remaining portion of your position. Don’t aim for the home run and give back your profits, trade like a pro and build your equity! Chris’ Indicators: As mentioned, lagging indicators can have their place in trading. In fact, they have been used profitably by a few professionals. Although not a big fan of them, we will add a few indicators that have some value in the overall trading approach. These indicators will be integrated into the class sessions. Fund Manager and CTA Process Do you want to trade other people’s money? Have other people asked you to trade for them? We will break up the technical teaching and exercises for a few minutes as Chris will walk you through the process of becoming registered as a CTA. More importantly, he will show you how managed funds develop and operate, including tools and facilities, and how essential equity management is to your success as a fund manager. Simple Trade Spotting Techniques Intraday, Swing or Position Trading In trading, there is a huge continuum between the fundamental trader versus the technical trader and the quant. Chris takes most of his longer term trades using fundamental factors that are supported by technical patterns. While on an intraday basis, trades are based off of technical information and less so on the fundamental environment. Chris will show you how to balance the two and specifically what to look for on both ends of the continuum. Furthermore, He will bring it all together in the Pro Traders Club video reviews that you will be able to access for three months following the workshop. In the PTC, he shows you exactly what trades he is taking and why. Ideal Order Entry and Position Management The bottom line – Minimize risk and maximize profit with proper order entry and position management!! Learn Chris Lori’s popular order entry methods that have positively and completely changed the way many novice and experienced traders think and perform. As you know, position management can be very subjective. Well, the best way for a trader to remain consistently profitable over the long term, is to understand price movement at the deepest level and manage your trades according to what you see the major players doing (which is covered throughout the workshop). We will take what we learn about price movement and apply an easy to manage strategy aiming to maximize profitability, and control losses, on each entry you take. You will learn the famous “Chris Lori’s Big Stones Entry” method! 5 Critical Psychological Factors Every Trader Must Know about Themselves We often hear that trading is “All Psychology,” well, trading involves many key components, but it is critical that you have clear understanding of the psychological factors that will definitely affect your ability to profit as a trader. Traders have all heard about the fear/greed emotional swings in trading, but just can’t get a handle on it when engaged in a trade in the moment. This section will help you to understand and manage the waves of emotion trader’s experience when taking on, and being engaged in, a trade. Let it be known, that your psychological development develops concurrently with your market knowledge and risk control. So unless you make the decision to acquire essential market knowledge, you will continue to feel like you’re banging your head against the wall. And that hurts after a while! Simulated and Live Recorded Trading Exercises Nothing is more powerful than seeing the application of tools used to find entries and manage trades. We will walk through simulated scenarios to show you how the tools are integrated into the uniqueness of current market situations and price action. You will be challenged on making decisions and have immediate feedback and results while showing how the methods are applied. This is also shown in Pro Traders Club lessons. What Do I Do Now? By the end of the workshop, we will show you how to start your day, manage your workspace and look for potential entries on the day/weeks ahead. We will show you how to establish a plan, and look for potential future market set ups each time you sit down at your trading desk. 2009 Workshop Schedule
IMPORTANT: Chris will need a minimum number of pre-sign-ups (through a refund deposit) to confirm the class. He will need a good idea of the expected attendance in order to book the workshop space. |
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