Forex Mentor PRO Review
Forex Mentor PRO Overview:
- The total trading system teaches the standard method that can be practiced for successful trading.
- The help from the professional Trading professional can be obtained if necessary. It also provides the information about the broker rebates and provides the discounts on some items. It also gives access to the trading professionals and forums.
- With these benefits a beginner can gain all the knowledge and tools required for Forex trading.
- Forex Mentor Pro is a great tool to start with. The information on the internet doesn’t have a proper structure so the user can get confused. So using the program will give a proper direction to the Forex trader to excel.
- The cool thing is that they are offering a $1 trial offer and you are free to cancel at any time. In fact, if you feel it wasn’t worth you time they will even refund your one dollar!
- Even when the markets are volatile the strategies can be applied for Trading without risk of failure. These are safe and help the user to make more profits.
Forex Mentor PRO Description
Do you want to be a successful currency trader? Do you want a perfect your finance career without ups and downs. Are you feared to fail in the trade? If it’s the case then take a look through the Forex Mentor Pro review and understand the secrets of this business.
Trading Forex isn’t easy but Forex Mentor Pro help you and me become a better trader simply by following their trading techniques over time.
The Forex Mentor Pro is a professional training program that assists the individuals to know about successful forex trading with currencies. Using this program the user can stay away from scams and complications during the currency trading. If you are a beginner in currency trading, then Forex Mentor Pro can give you a lot of ideas and show you the advantages of trading. The reading of books about forex trading can give only minimum idea about the trading.
These can be difficult to understand or boring, as they are not properly on targeted to give you the idea about the business. There are lots of Forex books available in the market which are written at a professional level and doesn’t help the beginners. There are also tons of videos on internet about Forex Trading.
But the user has no idea about appropriate videos that can be watched to get the required information. Under these conditions, using Forex Mentor Pro will help the user to get the necessary details about the trading approach.
What You Get Inside The Members Area!
- Proven Forex Trading Systems Get full access to the trading systems, tools and techniques they use every day to pull profits out of the Forex market.
- Daily Video Analysis & Mentoring Gain experience quickly as they show you their charts on video and explain what they are looking for with each trading system for the days and weeks ahead.
- Full Step-By-Step Video Training From basics to advanced techniques, they walk you through everything you need in their step by step online video tutorials.
- Private Members Forum Join the FMP family, meet other members and ask questions, many of their members are now professional traders and happy to help you.
- Ongoing Advanced Education Their education material is constantly growing as we add new videos, books, tools and tips.
- Help & Support Their #1 goal is to help you succeed which is why they offer as much support as possible. Ask questions and get advice from real professional Forex traders.
Forex Mentor Pro Review about its course contents
It starts with Learn Forex trading section which contains many eBooks and videos showing the nature of forex trading. The books and videos under the section are user friendly and keep users from being bored when watching them. The materials are also available online which can be played with various tools. The eBooks and videos elaborate the basic concepts about the forex trading in a simple way which can be understood in shorter time and one can start the Forex business at a greater pace.
There are 2 strategies used in the course called M1 and M2. These strategies form the core part of the program. Forex Mentor Pro clearly states that forex trading by ignoring the strategies has greater chance to be unsuccessful. During the course the user gets to learn the trading indicators which will help to obtain the trade safety. The indicators shown in the program can be downloaded into the computer. These videos can be really advantageous to a forex trader.
Other essentials included in the package are Mentor Blogs and Trading tools. The Mentor blog provided helps in extracting of information from the market analysis. By this method the trade can be done with perfection. Every Currency trader must have the knowledge about the trading tools and should use them skillfully. It is also necessary to know about the modern tools that can make the work faster. So before starting the business one must know about all the tools that he/ she can use in the business which are shown in the Forex Mentor Pro.
The Forex Mentor Pro Forum is mainly designed for the beginners where the questions about the trading can be added. It helps in meeting the trading requirements of the members and the current situation and techniques in the trading business. It helps the user to remain up to date.
Customer Reviews and Average Rating:
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hi I have been a member of the ForexMentorPro site a few years now, eventually becoming a life member, I visit nearly every day
its a brilliant site and you need all the help and advice you can get in these
treacherous markets , I for one really appreciate all the guys on the team contributing to this great site fully recommended.
The Good: You can get a $1 trial for 7 days. That's a good amount of time to review the videos and see what they teach/offer.
They provide learning materials on 3 systems (STT, Earth & Sky and M1/M2.) These have different levels of complexity.
STT is really well done and easy to pick up and learn. A trader would probably need to add another indicator with this system, but its a great start to setting up trades and getting into longer time frames (I used to trade 5min, now I spend more time in the H4.)
The Bad: There really isn't any mentoring. Regardless of what they say in a sales pitch, or on the site, there is really no mentoring at all.
Videos on the trading systems are not updated. It is a set of pre-recorded videos that go back several years (back when the EUR/USD was at 1.3****)
As of 3/18/2015, there is little (if any) activity in the trading system message boards. The STT trading system forum has one post, "Is STT dead?" Which the creator of that trading system doesn't offer a reply... but others say that it was depreciated due to the popularity in other trading systems. Interesting... yet when I went into the M1/M2 forums, they too are dead.
M1/M2 systems are a pain to look at. They provide an installer that installs all the necessary indicators and look/feel of the templates. It's horrid! There are like 5 or more EMA's, Bollinger Bands, Break out Box... every line is super thick and competing for attention. It's really messy. The probably with really messy charts is that you can convince yourself of a good trade because 3 of 5 indicators say so. The author of this system also says in the materials that 2 of the indicators he doesn't really use anymore... so why are they there? It would sure be cleaner if he removed them.
M1 - I have confusion on the M1 system. It comes with a breakout box that only renders at the 15M chart. He doesn't explain why that is. Anyway.... he gives slim info on how to use the breakout box... it's divided in half... and I think half of it is the overnight range? who knows. it's not covered.
M1/M2 and timezones: These two trading systems require you to have the "overnight range" in pips. What's interesting is that by changing brokers or my server at a broker, MT4 will give me different values... so instead of the overnight range being 25.1, it might be 63. In one case it's a great trade opportunity and in the other it's not. I asked about this in the forum... no reply yet. The forums are virtually dead. But if the "overnight" is based on the time clock of the server location, how can we trade this? In one case the market is in a bad position and in another it's in a good position.... It's unclear to me, and not sure why this hasn't come up before, except maybe no one noticed? The M2 indicator/template doesn't have a timezone option, to sync up with the actual market you're trading.... i.e. getting the real asia overnight or real Eur/USD overnight.
I have found FMP to be an excellent source of learning material. In reply to the previous post about "one on one" mentoring, I have had this myself with one of the mentors, it is separate to the mentor pro course, but if you want it you can easily get in touch with the mentors and schedule a session. What you have to remember is that there is 100s of members and it will just be impossible for them to try and fit in "one on one" sessions with everybody as theres just not enough time in the day and people would be waiting weeks for their session.
I find the videos are brilliant and even though they were recorded a while ago what they are teaching is still very much relevant today and support and resistance is a fundamental part of any technical analysis.
The Forum is a very active with Pierres Earth & Sky system and there are a lot of members using this and posting and helping each other out.
I also like that the forum has no bitching and moaning and slagging off other members going on in it like I've seen in so many others.
I started off with the STT system as that is the easiest and as an absolute beginner the others were a bit confusing to start with, I've now settled on the M2 method but it's taking a couple of years to get there, during this time I've stayed at FMP and have found it to be a great resource of education and support from members and mentors alike, I am now trading profitably and my monthly subscription is covered by my trading.
At only $1 for a weeks trial it's well worth checking out, after a week you'll be able to decide whether or not you think it's for you.