You are here: Home > Articles, FREE STUFF > Developing your Forex psychic and intuitive predictive abilities

Developing your Forex psychic and intuitive predictive abilities

.

Developing your Forex psychic and intuitive predictive abilities

 

Developing your Forex psychic and intuitive abilities

Developing your Forex psychic and intuitive predictive abilities is not a subject found in Forex courses and Forex techniques. The reality is that sometimes experienced traders just know that the price of a currency will drop or rise. Sure there are a number of confirming technical and fundamental analysis signals but in the end the trader just knows what will happen. These moments of clarity and certainty sometimes happen out of the blue. They also happen more often with experienced traders without them knowing it.

It is a bit like comparing a brand new car driver who is going for a licence test with a driver with 30 years driving experience. The new driver has a head full of technical information and rules which sometimes causes them to fail a driving test because they suffer from paralysis from analysis. They know all the 100’s of ways failing a driver’s test which makes them nervous and uncoordinated. Not too different to a new Forex trader.

The experienced driver knows what works and what does not so driving is easy. In fact their subconscious does most of the driving and most activities such as accelerating, braking and changing gears happens without much thought at all. They can focus on other important things such as reading and assessing the traffic – also mostly done subconsciously.

Experienced Forex traders succeed from being able to

  • assess a chart in less than a second,
  • reviewing the cross currency dynamics within minutes,
  • knowing the probable impact of recent economic announcement and news events,
  • assessing the nature of the Forex environment and market
  • knowing a number of Forex trading techniques that are likely to work in the current conditions and which ones to avoid

Because of Specialised Knowledge and experience all this can take place a mere few minutes before trading.

They also know what size stops, targets, lotsizing and following stops generally give the best results without thinking. They know which sources of information are reliable and they may even have a network of other traders to swop perspectives with (Master Mind Group).  

80% to 90% of their actions are automated. Because 80% of trading is mentally automated making trading is a lot easier. These traders are not good educators because their actions have been mentally automated and programmed.  They can motivate say 70% of the reasons for their trades but most of the motivation is so obvious or automated that they don’t even realise that they have taken certain factors into account.  

They do not want to go back to the time when everything was quantified exactly with exact rules. Just like an experienced driver does not want to relearn all the traffic laws and redo their licence. Most of the Forex trading processes have been internalised by the subconscious and to bring this back to the conscious would be counterproductive and uncomfortable.

Developing Forex psychic and intuitive predictive abilities using mental processes

So where does that leave a new Forex trader. Does a new trader have to go through years of Forex trading to internalise the Forex trading actions so that the subconscious runs 80% of the trading processes.

The good news is NO. There are many ways of short circuiting the whole process and reduce years of trading experience into a few months. You can increase your Forex psychic , intuitive , predictive abilities by:-

  • Basic back trading activities testing Forex trading, risk management and money management techniques on historic trading charts. You need to do this for a long period for the processes to become subconscious.
  • Using simulated, time controlled Forex trading programmes which allows you to trade years of trading in a few days. This starts out as a mental analysis process but over time it becomes part of the subconscious processes.
  • Using Forex trading programs to increase a traders predictive skills by posing hundreds of trading scenarios and asking the trader to predict the next market move – this alone increases prediction results from 40% to 80%+ over time. In the end the subconscious makes 80% of the decisions due to the nature of the tests.
  • Using subconscious training program where the charts are exposed to the subconscious and the mental analysis minimised. The subconscious does all the data gathering, pattern recognition and predictive activities. A type of active transcendental meditation.
  • Actual daily trading using the 1 minute and 5 minute charts of up to 9 currencies for a number of weeks. The subconscious will automatically start recognizing patterns and repeating market behaviours.

Most of these concepts on how to increase your Forex psychic , intuitive,  predictive abilities can be found in “Think and Grow RICH” by Napoleon Hill written published in 1937. There are a few more advanced techniques incorporating what Napoleon calls the Infinite Intelligence, Master Mind and Auto suggestion processes which help Forex traders move to the next level in their trading career. These and many more of Napoleon’s concepts will be discussed in future blog postings

Please remember Forex trading is a practical activity using established trading, risk and money management principles. You need a sound foundation of education and trading experience in these practical areas to benefit from the above processes.  

Please leave a comment if you have any experience in the above topics or would like to learn more.
.

Tags: , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

6 Responses to “Developing your Forex psychic and intuitive predictive abilities”

  1. Res Sage says:

    Dear Writer,(Developing your Forex psychic and intuitive abilities.)

    I read your article, word by word and enjoyed it immensely, Thank you for writing it.

    Ironically I have reached that junction, For the past few weeks I have been practicing on one of those time controlled simulators, and done literally 100s of 200 candle long scenarios which equates to thousands of trades, and countless number of decision makings….at times I felt physically sick of trading and the market as a whole !!!! but I carried on.

    Now, I have reached the point that I am questioning my own sanity, and if it’s all one big waste of time.
    So, I have one bearing question, for you. Do you think a gambler can get better with practice, a person who tosses a coin can have a better stroke of luck than a newbie, If he has been tossing for years? And really given the number of influential variant affecting the financial and indeed market as a whole (thankfully, otherwise we will not have a market!), do you think prediction of it’s movement is anything but a Guess Work, no more than tossing a coin.

    As I said earlier I thank you for sharing your thoughts, and would appreciate your reply.
    Cheers
    Res.

  2. [...] read your article  (Developing your Forex psychic and intuitive abilities.), word by word and enjoyed it immensely, Thank you for writing [...]

  3. Linda says:

    I have been reading your blogs on system testing and about the intuitive aspect of trading, and it got me wondering… Is it nessasary to follow a system at all if you have a lot of experiece trading? Are there many successful traders who just go with their gut when entering and exiting a trade and are making money at it?

    • Alex says:

      Linda

      Thanks for for comment. The good traders trade using their subconscious without realising it – a bit like how experienced drivers drive a car. At that point you don’t need a system because it is ingrained.

  4. Mark says:

    Thank you so much for this outstanding post, and your many superb courses and imformative webinars. I appreciate the perspective offered here, and have found that many trading activities are fairly “mindless” today that only a few short months ago seemed quite daunting. I can definitely recommend the forex simulation software in this regard. Concerning the bullet point 3 above, “Using Forex trading programs to increase a traders predictive skills by posing hundreds of trading scenarios and asking the trader to predict the next market move” to what forex trading program do you refer? I would like to continue to pass along different portions of my trading to the subconscious and increasing my predictive skill based on trading scenarios presented seems an extremely valuable endeavor. Thanks again for your perspective.
    Regards.

Leave a Reply