In the vast and ever-evolving world of forex trading, finding a comprehensive educational resource can be a daunting task. Among the multitude of options available, Exact Trading distinguishes itself with the bold promise to take forex trading to the next level. Boasting insights from a bank professional with over thirty years of experience, the ‘Forex Uncensored’ Price Action Membership Course promises to equip traders with a profound understanding of price action trading. In this extensive review, we will delve deep into the key features and offerings of this course to determine if it lives up to its ambitious claims.
Introduction to Exact Trading and ‘Forex Uncensored’
Exact Trading, as presented on its website, emerges as an oasis for forex traders seeking to elevate their trading game beyond the realm of retail trading and into the sphere of professional insights. The website prominently states that the course draws from the instructor’s extensive banking career, instantly establishing a sense of credibility and expertise. However, let’s delve even further into the various facets of this course to ascertain its effectiveness in delivering on its promises.
Module Breakdown and Content Overview
One of the first aspects that caught our attention when exploring the ‘Forex Uncensored’ course is its division into twenty-seven distinct modules, each of which focuses on different facets of price action trading. This structured approach is highly commendable as it ensures that learners progress in a logical and organized manner. Additionally, the sheer volume of modules indicates that the course aims to provide comprehensive coverage, leaving no stone unturned.
A particularly enticing feature of this course is the inclusion of daily video playbacks, trade analysis sessions, and weekly webinars with live member participation. This dynamic interaction isn’t merely a bonus but an integral component of the learning experience. It not only ensures that learners receive real-time insights and practical guidance but also fosters a sense of community among members. The forex market is incredibly dynamic, and staying updated with the latest trends and strategies is absolutely crucial for success. In this context, the live interaction offered by ‘Forex Uncensored’ is undeniably a valuable aspect of the course.
Key Takeaways from ‘Forex Uncensored’
The ‘Forex Uncensored’ course promises to equip traders with a plethora of vital skills and knowledge, including:
- Risk Management: The course places a strong emphasis on understanding risk and rewards for each trade, a fundamental aspect of successful forex trading. It underlines the importance of having a clear plan, which is often conspicuously absent among retail traders.
- Market Structure Understanding: A crucial foundation for effective trading is a deep understanding of the structure of the forex market and recognizing who you are competing against. This knowledge equips traders with the insights needed to develop effective trading strategies.
- Trading Session Awareness: Understanding the different trading sessions and their optimal trading strategies is a pivotal aspect of forex trading. Different trading sessions have different characteristics, and aligning your strategy with the right session can significantly impact trading outcomes.
- Professional Trader Insights: The course claims to unveil the secret spots where professional traders are likely to place their trades. This insight provides a unique advantage to traders, enabling them to make informed decisions and potentially follow the smart money.
- Price Reading Skills: Another crucial skill that ‘Forex Uncensored’ aims to impart is the ability to understand how price truly moves. Developing this skill is paramount for any trader, as it allows for confident chart analysis and decision-making.
- Market Reversal Identification: Recognizing when professional traders are about to turn a market is a skill that can lead to good trading opportunities. Anticipating market reversals is a hallmark of seasoned traders.
- Swing and Intraday Trading: The course covers both conservative swing trades and aggressive intraday trades, catering to different trading styles and risk appetites.
- Breakout Trading: Breakout trading is a strategy often misunderstood by traders. ‘Forex Uncensored’ aims to clarify this concept and guide traders on how to approach it effectively.
- Stop and Entry Placement: Understanding where professional traders typically target stops and entries is invaluable information that can be used to gain a competitive edge. This knowledge allows traders to anticipate price movements and make more informed decisions.
Course Value and Potential Drawbacks
While the ‘Forex Uncensored’ course offers a substantial amount of content and interactive elements, there are a few potential drawbacks that prospective students should consider:
- Price: The pricing of the course is not mentioned on the website. It’s essential to carefully evaluate whether the cost aligns with the value offered. Forex education can be relatively expensive, and prospective students should ensure they are comfortable with the investment.
- Learning Curve: Forex trading is inherently complex, and the course may not be suitable for complete beginners. Some prior knowledge of trading concepts may be beneficial for fully grasping the material.
- Information Overload: The website claims to provide a vast amount of information, which could potentially overwhelm beginners. It’s crucial to ensure that the course material is delivered in a structured and digestible manner to facilitate effective learning.
Conclusion: Should You Consider ‘Forex Uncensored’?
In conclusion, Exact Trading’s ‘Forex Uncensored’ Price Action Membership Course appears to be a promising resource for traders looking to elevate their forex trading skills and insights. With its comprehensive module breakdown, unwavering emphasis on risk management, and robust live interaction elements, it seems to offer a valuable educational experience.
However, potential students should approach this course with careful consideration of their trading experience, goals, and budget. Forex trading is inherently complex, and success demands dedication, continuous learning, and the ability to adapt to rapidly changing market conditions. It is essential to weigh the potential benefits against the investment and ensure that the course aligns with your trading objectives.
In summary, ‘Forex Uncensored’ presents an intriguing opportunity for traders to gain insights from a seasoned banking professional and move beyond the limitations of retail trading. Nevertheless, as with any investment, due diligence, and a clear understanding of your trading goals are essential before enrolling in the course. Continuous learning and practice are the keys to success in the dynamic world of forex trading, and ‘Forex Uncensored’ could be a valuable step on that journey.
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.