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Can Hector DeVille’s Forex Indicators Really Help You Trade Better?

Wednesday, August 18th, 2010

I know it sounds weird to talk about “Indicators” when Hector DeVille teaches Price Action Trading.  But Hector’s Advanced Forex Indicators you get as part of his Learn Forex Live Course are different. They don’t tell you to Buy or Sell, but give you insight into which pairs to trade and in which direction.

One of the indicators is the Forex Currency Index indicator.  This indicator shows you which currencies are strong and which are weak.  If you pair a strong currency against a weak currency… you can find the best (and safest) direction to trade that currency!

Here is a testimonial from one of Hector’s happy students…

hey Hector

2 winners out of 2 trades so far with using your 2 advanced indicators ……….. but I set my TP too low as I could still be enjoying some nice PIPS !!!

One question on the Forex Currency Index please – if USD shows +5 & GBP shows -5 (in the 5MIN) – is that Short GBP/USD ?? Thanks John

Answer from Hector DeVille

That’s correct John: if USD is strong and GBP is weak, you want to be searching for short opportunities on GBPUSD. Pretty simple, isn’t it? :)

Hector

The other indicator is the Forex Trend Scanner.  It shows which currency pairs are trending, in which direction and on what time frames.  If you are looking to trade with the trend, you first need to find a pair and time frame that is trending. Instead of doing all this manually, just look at the scanner.

One of the biggest struggles in Forex is picking the right pair to trade and the right time frame.  Many times we are looking at one pair, only to realize later the opportunity was on a completely different pair or time-frame.  How frustrating to miss the perfect setup because you just didn’t know where to look.

This is the kind of thing using Hectos’ Advanced Indicators can solve.  You are still going to be using the Price Action strategies he teaches, but on currency pairs and time frames with the highest possibility of success. That really is an edge over trying to find the best opportunities yourselves.

Click Here To Learm More About Learn Forex Live Advanced Indicators

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Learn Forex Live: The Most Important Non-Sexy Part Of The Course

Thursday, July 29th, 2010

When you get a course like Learn Forex Live, you naturally gravitate to the trading systems themselves.  That is what is most sexy about learning Forex… the new methods and techniques you learn to identify trading opportunities, get into the market and get out with profit.  And don’t worry, Hector DeVille teaches you plenty of methods for day trading, swing trading and end of day trading for you to choose from).

Then it might surprise you that one of the BEST and MOST IMPORTANT parts of the course doesn’t have anything to do with trading methods. It is the section about Trade & Money Management.  After all, the way you manage your money and the trade can make or break any successful system.

There are two parts of this section that really stand out for me…

The Money Management Indicator

Hector had an indicator created that helps you determine proper lot size and pre-trade risk/reward for every trade.  This makes sure you are getting into the trade with the proper lot size to maximize your profits while only risking a predetermined percentage of your account.  It also helps you determine if your price targets create an attractive risk-reward ratio and can keep you out of trades that are not quite right from a risk management point of view.

Using the indicator is easy…

All you need to do is attach the indicator to the currency pair you are trading, fill in the account balance, how much of your account you want to risk, entry, stop loss and price targets and it gives you all the info you need.  It tells you the lot size you should use, expected risk-reward ratio and other info you can use to make the right decision.

The Online Trade Journal

Hector also provides access to his online Trade Journal.  It is here you can keep track of all your trades for multiple accounts and multiple trading systems.  Then you can get all kinds of statistics to help you improve your trading plan.

This is great for a variety of reasons.  But I like it the best because Hector gives some advice for changes you can make if certain things are happening in your trading.  And everything is available in one place online, so you can access it and keep track of your trades from anywhere.

So, when you get Learn Forex Live, please don’t skip over this section.  I know you want to learn all the great trading systems Hector teaches.  But is proper trade and money management that is going to make sure you stay profitable… so really pay attention to this section.

Click Here To Learn More About Learn Forex Live

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Hector DeVille’s Trend Collapse Strategy

Thursday, May 13th, 2010

Hector DeVille is one of the most respected Forex traders teaching price action strategies. As you probably know by now… price action is KING when it comes to trading. But that doesn’t mean your price action trading can’t get a little help from custom indicators.

The indicators Hector uses are designed to help you make decisions when price action trading.  They are not designed to pop up an arrow and tell you when to BUY or SELL. They do give you a better picture of the overall market you are trading… so you can make wise trading decisions.

Hector DeVille’s Trend Lord Indicator

Hector is giving away his Trend Lord Indicator for FREE! This indicator helps you determine the overall trend of the market… so you know which way to trade. This helps you use your price action strategies with more accuracy, higher probability and greater possibility of profits!

Click Here To Download The Trend Lord Indicator

But it gets even better…

After you get the Trend Lord indicator… Hector teaches you his Trend Collapse strategy so you can immediately use the indicator to collect pips. This is completely free training and should not be missed.

Click Here To Learn The Trend Collapse Strategy

Ok, before you start thinking Hector’s free information is not going to be that valuable, let me share with you what some of the traders that have watched his videos have said…

*****

Comment by Olanweraju:

Hi Hector,

It glad my heart to come across someone like you,for the past six month now that have started trading it being problem for me getting a system that can work but yours seems real and simple to understand.I hope the implementation will also work out well.
Its a great sacrifice from you, more grease to your elbow.

Big thanks.

*****

Comment by Ali Akbar:

Hi Hector

V…………..ery much thanks for your very good,reliable and useful videos.Really I want to say that from about more o less one and half years I have not seen such a good videos available.Please continue

*****

Comment by Mahdi Tamimi:

I really consider you a great trader, since you have careful confident and clever strategies, thanks for the video, may god bless you.

Mahdi

*****

Comment by Edgar Ng:

Hi Hector.
im watching and at nearing the end of your video. the way you trade has always been the idea that i think a successful trader should trade. i trade that way myself but have never perfected it i kinda got the idea, but i dont know how to really do it consistently with certain accuracy, all i do is draw trend lines and try to trade reversals and breakout.. your video has helped me alot. its been a frustrating journey. believe me ornot, when i was watching your video, i teared a little bit, yes thats how much passion i have and the desire to be successfull in it. you helped me confirmed that all along i wasnt just being in my own world. theres a way to trade successffully.

you’re a real deal.

you’re a pro.

Thats how i always wanted to trade , and i was, using trend line only and price action. but i didnt know that we have to wait for a reversal to trade breakout, your video taught me that we have to wait for a reversal first and i have seen in most of the chart that you’re right. you gave me the missing link that i need, the entry point. theres a pattern and its a game of probability. i never believe in much of indicators. i never used any. just trends on all time frame normally M15 H1 and H4 and even week.

Outer trend lines, confirmation of pull back in break outs.you taught me that.

Outside there are many people scamming the publics money with their stupid indicators which serves no purpose. your video speaks a million words, and is worth a billion compared to the indicators they sell which is of no value. luckily i have not paid any single cent to them.

these are the things i needed to know. i Thankyou. again.

*****

I think that is enough.  If you want to see what these traders are raving about, you need to download the Trend Lord Indicator and watch Hector DeVille’s Trend Collapse Strategy Video. I think you’ll agree… Hector really knows his stuff and has a lot to teach you.

Click Here For The Trend Lord Indicator and Trend Collapse Video

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Hector DeVille Uses Multiple Examples Of Each Price Action Trading Method

Monday, March 29th, 2010

The Learn Forex Live Home Study Course is a video training course by Hector DeVille that teaches you how to trade Forex using price action. (You also get 1 year of free email support with Hector).  But it is so much more than just Hector explaining a couple trading strategies under PERFECT market conditions.  He uses MANY live trading examples of each trading method he teaches!

Watch this short video to find out why these live trading videos are so important…

Click Here To See More About The Learn Forex Live Home Study Course

In short, here is why these live trading example videos are so important…

  1. The Forex market is rarely “perfect”! Even when you learn a price action trading strategy that is proven to work time and again, each trade is unique.  It would be great to see a setup, place the trade… and have the market do exactly what you want.  But the truth is, each trade is unique and you need to understand the different nuances of trading the systems under live market conditions. This is what these LIVE trading video help you understand.
  2. Once the trade is placed, most traders freak out and make decisions based on emotion! Since price rarely just runs to our profit targets without any problem, many traders start to second guess themselves when the market starts to go against them.  They think they made a mistake and decide to do something based on feelings instead of following the system as instructed. This is not the way to trade successfully.  But being able to watch Hector manage his trades (and his emotions), helps you to understand what is expected of you.
  3. Being able to see real trades under real market conditions gives you an EDGE when trading these strategies yourself! By being able to watch Hector place trades based on the trading methods he teaches, you can learn what to really expect.  Some trades work out perfectly.  Some might hit the first profit target but not the second.  And some don’t work out well at all.  Hey folks… that is REAL trading! I think these videos of a real trader placing the trade and managing the trade bridges the gap between what you learn in theory and what really happens under live market conditions… and should not be missed.

I think it is important to see these live trading examples.  It not only shows Hector is a real trader, but gives insite into how to manage the trade after it is placed and real money is on the line.  I believe this is even more important for success than learning to spot entry signals.

With Learn Forex Live you get both detailed descriptions of each price action trading method AND plenty of live trading examples so you can see how a real trader trades these methods under live conditions.  And let’s be honest… it is being able to trade in live market conditions that is going to make you profitable. I applaud Hector DeVille for both his price action training course and the examples he took the time to record so we could learn how to apply these trading methods.

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Disclaimer: Trading in the off-exchange Foreign Exchange Market (FX, Forex) is very speculative in nature, involves considerable risk and is not appropriate for all investors. Therefore, before deciding to participate in off-exchange Foreign Exchange trading, you should carefully consider your investment objectives, level of experience and risk appetite. Investors should only use risk capital when trading Forex because there is always the risk of substantial loss. Most importantly, do not invest money you cannot afford to lose. Any mention of past performance is not indicative of future results. Account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors. All rights reserved 2010.