Probably the most rewarding thing as an educator is hearing the success that your graduates are having. As stated time and time again in our live mentorship room, the most important thing one can learn is "how to read market direction". By reading the market's direction we are able to make highly educated trading decisions based solely on the psychology of the traders in that particular market. Each pile of orders placed in any given market leaves footprints that we can use for future reference. It is our job as a trader to read price and determine where the "unfilled" orders are so that we may fill them.
Below are two emails from a PFA graduate sent earlier today. Because he has a good read on the market's direction, he is capable of trading at the highest probability times in both directions. It may be important to note this is not something that is attempted daily because it is not offered each day, however reading price and market direction will let you know when a high probability entry with low risk is being offered.
PFA Graduate Email (1):
This one was the best trade I've ever had so far.. ;)
Short from the top on 104.60 (dbd) and exit the trade yesterday 16:00PM EST at 101.00 (just before the next level). see attached oil short.jpg
btw, I bought the oil this morning on the 15m chart. see attached oil long.jpg
as you can see the consumption candle did the job!
this is a scalp trade with a potential to go higher. It's already hit the 1:1 profit target.
It's so amazing to see what can be done with the knowledge that you're giving us. :) very very powerful!
As I said before: UNBELIEVABLE!
Thank you so much Will!
God Bless You
PFA Graduate Email (2):
As soon as I stopped out from my long position at the BE+com I entered short position (dbd) on the 10M chart.
I opened the monthly chart today and I saw that we are turning from weekly supply and there is a lot of room to the down side..
It does not matter if you are right or wrong (in this case the long position was probably wrong) as long as you know to READ the market.
I'm shorting the oil again!:)
Thank you so much!
God Bless You