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Forex Income Engine 2 | Full Review
Home Finance Stocks, Bond & Forex
By: Shae Hii Email Article
Word Count: 1418 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

If you havenít already heard about Bill Poulos by now, you should. Bill and his Ďcomputer geniusí son, Greg, created the groundbreaking trading courses, Instant Profits & The Super Divergence Blueprint.

The thing I like the most about this course is that itís one the most realistic, sober approaches to trading Iíve ever seen. Arenít you sick and tired of all the Ďhypedí trading methods that promise overnight riches? This course makes no such promises, because, frankly, no one in their right mind can honestly do so.

When I had the chance to review this course, I was very impressed with its no-frills, step-by-step methodology. The production value is totally professional and of the highest quality, too. But you hear from me all the time, so donít just take my word.

Hereís what one trader had to say about it:

ĎYour course allows me to look at the markets through a microscope with

great accuracy to consistently make profits. I know to expect losses as

a fact, but as of writing this, Iím currently in my 7th profitable trade

in a row. Now thatís consistency! I would gladly pay five times its

current value and I highly recommend it to anyone who is serious about

trading.í* ĖIvan Moore

The true beauty of Billís course is that heís just like you and me. Heís been burned. Heís learned a lot. And he explains his course in clear and easy-to-understand language with TONS of practical examples.

When I was done going through his 150 page manual, DVD, and CD- ROM, the moon was in the sky and it was well past midnight. I was very satisfied in knowing that I had learned some NEW and USEFUL trading methods that are now a part of my trading toolkit.

Course Overview :
Module #1 : Background and Overview ( 30:34 min)
This module covers the Forex Income Engine 2.0 background and structure, what to expect, the basics of the methods that will be covered, and a whole lot more. It concludes with a lengthy review of some actual Forex charts to give you a feel for what itís like to trade the four methods taught in the course.

Module #2 : Ignition Method ( 98:11 min)
This module covers all the trading rules and examples for the Ignition Method, where the aim is to go after 1 to 5 bar swings with the trend as the trend recovers from a corrective move.

In this lesson, you will learn:

How to look at any chart and find the setup conditions using my step-by-step formulas that will identify a potentially profitable trading opportunity.
Where to place your entry point for any trade in order to maximize profits.
The exact point to place your protective stop orders. Hint: Itís where you DONíT expect the market to go.
How to exit a trade and take profits quickly, while reducing your risk to ZERO as quickly as possible with my "Free Trade Strategy".
An interactive quiz to test your comprehension of the materials.

Module #3 : Overdrive Method ( 62:06)
This module covers all the trading rules and examples for theOverdrive Method, where the aim is to go after 1 to 5 bar swings with the trend, only when the trend is in overdrive.

Hereís some of whatís covered in this tutorial:

How to look at any chart and find the setup conditionsusing my step-by-step formulas that will identify a potentially profitable trading opportunity.
Where to place your entry point for any trade in order to maximize profits.
The exact point to place your protective stop orders.Hint: Itís where you DONíT expect the market to go.
How to exit a trade and take profits quickly, while reducing your risk to ZERO as quickly as possible with my "Free Trade Strategy".
An interactive quiz to test your comprehension of the materials.

Module #4 : Spring Method ( 62:23)
This module covers all the trading rules and examples for theSpring Method, where the aim is to go after 1 to 5 bar swings in the markets when a reversal counter trend move develops.

On this CD-ROM, youíll discover:

How to look at any chart and find the setup conditions using my step-by-step formulas that will identify a potentially profitable trading opportunity.
Where to place your entry point for any trade in order to maximize profits.
The exact point to place your protective stop orders. Hint: Itís where you DONíT expect the market to go.
How to exit a trade and take profits quickly, while reducing your risk to ZERO as quickly as possible with my "Free Trade Strategy".
An interactive quiz to test your comprehension of the materials.

Module #5 : Forex Brokers, Charting Software, & Trading Platforms (85:14 minutes)
This module introduces the Broker Selection Scorecard to assist you in selecting a good Forex broker. Also, using typical broker-provided charting software and trading platforms, this module demonstrates how to plot the Forex Income Engine indicators, place orders, and manage positions. This module concludes with some actual live trades.

Here youíll find out:

How to weed out the best Forex brokers from the unscrupulous ones, using my Broker Selection Scorecard. Many brokers wonít be prepared when you ask them these questions.
Step-by-step training on how to use DealBook 360, one of the most popular trading platforms. Youíll see some live trades.
How to plot indicators and place trades using MetaTrader 4, another hugely popular trading platform. Youíll see how easy it is to trade, no matter what trading platform you use.
An interactive quiz to test your comprehension of the materials.

Module #6 : Bringing It All Together (46:12 minutes)
This module covers the critical concepts of risk management, discipline and psychology. We also talk about position sizing and review several trading scenarios using all of the Forex Income Engine 2.0 methods.

In this lesson, you will learn:

How proper risk management can turn an otherwise losing method into a winning one.
My ultra-easy risk management formula to determine the specific size of every trade you place. Itís so simple even an 8th grader could do it.
Several different "real life" trading scenarios youíll encounter trading the Forex Income Engine 2.0, and how to take maximum advantage of them.
3 specific eventual experiences to watch out for
when you trade that could seriously damage your portfolio, and how to avoid them every time.
An interactive quiz to test your comprehension of the materials.

BONUS CD-ROM : Forex & Trading Basics (46:12 minutes)

If youíre just getting started, or want a refresher, this bonus module covers the basics of Forex trading and technical trading that will be used throughout the program. If youíre already experienced, you can probably skip this module. However, reinforcement is always a good thing, so I encourage everyone to watch this at least once.

Includes a detailed Forex overview, quotes, leverage & margin, profit & loss, order types, moving averages, trends, indicators, support & resistance, and much more.

In this lesson, you will learn:

A brief overview of the Forex markets Ė what they are, and how they work. Just enough so you can trade effectively. There is NO boring theory or history lessons here.
How to quickly read Forex quotes as if you were already a pro.
The importance of leverage and margin and how it can impact your trading.
How to precisely calculate profit and loss for all your trades.
The various order types weíll be using with the Forex Income Engine method.
A general overview of technical analysis basics, including price bars, trends, time periods, indicators, paper trading, and a lot more.

Hi, my name is Shae and I've been a martial arts champion and competitor of 7 years. After my knee reconstruction, I had some time on my hands, which allowed me to keep busy blogging, writing articles, and marketing as well.

I hope I am able to bring good things to the table and help everyone with reviews.

http://www.forexincomeengine2review.com

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