NoBSFX Trading Testimonial
Jaime Johnson's new training CDs "NOBSFX Trading" is directed to both novice and experienced traders. It helps to identify the type of trader we are and to develop a trading plan including money management techniques to preserve capital and control risk.
He continues on trading ABC corrections based on Elliot Waves, Fibonacci Retracements and Oscillators, The goal is to find high probability trades with lower risk for novices and low probability trades with more risk and higher profit potential for advanced traders. He explains the full trade strategy from entry to exit and when to work the corrections to find a high probability trade with proper stop loss and profit target levels. Each lesson builds on previous ones where the main focus is on money management, capital preservation and taking money out of the market to pay yourself.
Jaime simplifies Elliot Waves by helping to identify corrections (ABC waves) and impulse trends (1, 2, 3, 4, and 5), using Fibonacci for time price retracements and Alternate Time and Price projections. While all the examples are used on Dynamic Traders software, they can be recreated on any good trading platform. He explains different high probability trading strategies for day traders, swing traders or position traders.
This workshop is a complement to his previous work "The Art of Trading a Correction" and Robert Miner's latest book "High Probability Trading Strategies".
I recommend Jaime's "NOBSFX Trading" workshop to any one that wants to improve his or her trading outcome. You can apply the strategies directly to a trade situation or you can combine them to your trading style. If you are new to Forex or trading in general, the workshop will help you to develop a trading plan including money management techniques to preserve capital and control risk
Julio Valencia, MBA
