Dear David First of all i'd like to thank you for the effort you've putted on building this site it is really a good site with alot of useful information but i have some notes and questions that might improve the way of teaching new traders like me and please correct me if i'm wrong :
well first of all like any other educational forex web sites all of them teach in the past why don't you teach also in present i mean like you say that this is a range market ,this is a trend market , this is a good entry point this is a bad entry point i haven't seen any site that teach us how to figure this in the future i mean when trading live how can i know that the market is going to range or it's going to trend exclude the ADX not all succesfull traders use ADX but they are still successful so why don't you try or why don't we try to put a day by day trading videos not necessrily a live account but a demo account eventually what a trader needs is someone to learn how to trade from not to learn how to trade from the past correct me if i'm wrong.. okay now this is one thing and there is the spike thing when you wxpert traders teach us you just note to the good trades and hardly mention the spikes i mean like the moving average technique it crosses over 10 times aday in short time frames and many of them are spike about 6 spikes out of 10 you don't teach how to avoid you tell us to combine it with other indicators why don't you put a video lessons to show us how to lower the times that we might face spikes in them... well thats everything that got into my mind right now and sorry if i was too annoying but in my opinion this kind of stuff can really improve our way in trading i hope you can answer me soon and thanks again for all waht you are giving the beginers of trading and as the say in my homeland i'll be a slave for the one who teach me a letter..
Houssam Sabbagh

Hi Houssam,

Thanks for your comments and welcome to the community. I have answered your questions below in the order received:

You are correct that I do not normally do real time analysis of the market. The main reason for this is that I am limited to the amount of resources that I can put into creating my content. With this in mind, when I put out a video that shows traders how to analyze the market using past data, this content remains relavent forever. When I put out content showing people how to analyze today's market, that content is only relavent for today.

There are others whose content we publish on InformedTrades who put out lots of real time analysis on the market however including each of the below producers:

Live with Oscar

Inthemoneystocks

For more realtime analysis please visit the archive section of the site which you can find here.

My technique as I think my videos outline is to start with multi trimeframe analysis to get an overview of the direction of the market on both short and long time frames, and then to look at the indicators to see what they are telling me about the market. Then I look for chart patterns and things like break of trendlines as well as support and resistance levels on the different time frames.

When multiple things such as the above line up then I will take a trade. Often times I will be wrong but what I am trying to do is increase the chances that I will be right. I am not sure what else I can say about that which I have not already said in the basics of trading course.

Hope that helps.

Best Regards,
Dave

Dear David....
thanks alot for answering me i didn't excpect it this soon it really shows how much you are willing to he traders keep up the good works...
i needed to ask you something's if you don't mind :
1-if the market was ranging on all time frames like today the market of the eur/usd was ranging on all time frames how can i know when is it going to trend like what happened on the 30 minutes chart can this be predictable.
2-what was your excpectations today for this market.
3- imade 134 pips today going long on the 30 minutes chart of the eur/usd
but hounstly i did excpect it to go long but i didn't excpect all this pips i stayed long without knowing why can you explain if this was wrong or right and why?
and thanks alot again
Houssam

Hi Houssam,

Thank you for your comment. I have answered your questions below in the order recieved:

There is unfortunately not a simple answer that I can give to the above question. This is what learning to trade is all about and it takes a lot of study and work to get a feel for when the market may stay in a range and when it may start to trend. I designed the free trading basics course to try and help traders such as yourself learn how to do this so I recommend going through all the lessons there in detail as that is in my opinion the framework.

I am flattered that you would like to know my opinion but generally I do not give trade guidance as I have found that people often misinterpret this or place way too much weight on my guidance. Then when they lose money they blame me instead of themselves. I see my role here as giving people a basic framework of knowledge and then filtering out the main themes in the market by posting what I consider good analysis on the homepage of the site. This is what you will see to the right of my blog and there is lots information there from people that I respect on where they think the markets are heading so I would recommend starting there.

I think most traders would agree that anytime someone enters the market without knowing why and then stays in a trade without knowing why they are in the trade this is a recipe for failure. From my experience successful traders always have a plan for how they plan to enter the market, what they plan on doing while they are in a trade, and how they plan to exit that same trade before getting into a trade. Helping traders develop these plans for themselves is another goal of the basics of trading course and specificually the lesson here on The 20 Components of a Successful Trading Plan.

For more on developing trading plans I also recomend checking out Simon's blog. Simon is a trader who specializes in helping people develop trading plans.

Hope that helps.

Best Regards,
Dave