Forex Mentor
Forex Mentor is a trading system course. Peter Bain is the mentor and author of Forex Mentor. In the past I used some of his trading techniques when he published the best seller 'How to Trade Like a Pro in One Hour'.
Peter Bain released the Forex Mentor package to make his live seminars available to all in a DVD format. Peter presents the pivot point trading system, so you can precisely predict the price movement and exploit it.
Peter's trading system based on two levels, commercial support and pivot. These two levels are the system lagging indicators. The pivot levels are actually resistance levels which can be calculated by mathematical formulas.
When a currency price is near these levels a trading action of buying or selling will be executed. That's why these levels are very important.
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External forces such as economic crisis, economic reports, word news, geo political developments and many more are causing currency price movements. Forex Mentor
system teaches how to predict the price reversal direction and make a profit although the price up and down volatility.
One thing that I found little strange is that Peter seems to never have a losing day and this is according to his daily analysis. Well, I become successful and consistently making a living with Forex trading also thanks to Peter's methods, but I did lose a few dollars here and there.
Forex Mentor package includes 6 hours of video and 6 hours of audio with screenshots.
A real gem of Forex Mentor is the personal mentorship that Peter is offering by video or telephone.
Overall, Forex Mentor is a very good course. You certainly be ok if you follow the pivot level. I recommend Forex Mentor course to all Forex traders.
4/5 Stars
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