Beginners Lessons

We have a special place in our hearts for beginners ...Why? All of us were beginners once. It all was so exciting, but so overwhelming at the same time. So... we have created a special home just for you.  This is a private webpage just for you - to start you down the Target Trading Path without creating bad habits along the way.

There are two types of beginners here:

1) Raw beginners brand new to the Forex-just starting out

2) Traders who have some trading knowledge but have not been successful (note: this could be 3-5 years of experience)

Brand New To Forex

1) "I am a raw beginner at Forex and trading -  I need something that tells me all the basics?" 
Ok, print this 39 page color PDF file and that will get you started: Click here   

All beginning traders should watch these  videos:

Trading is a Business


The Basics Of Forex



New to Target Trading? Watch these below (beginners only after you have digested the above)

 Watch this 30 minute video on WHY YOU NEED TO BE A TARGET TRADER


(The above video was produced for a product launch so disregard the instructions in the video to go below).


Here is an overview of our methodology  12:00

 Stops are for sissies-NOT! 13:00


STOP IT!  How to correct former bad trading habits video. This is a Bob Newhart comedy video- not about trading but good lesson on how to stop bad habits and very funny. 6:00





6 Lessons to start Forex Target Trading!

This beginners track follows a proven curriculum that will fill in the gaps for you at this stage of your career. If you learn it right the first time, you will not create any bad habits that you have to break later. 

Here is our eBook Called the It explains what you will learn in the lessons below.

Note: Most new traders watch each video below 3-4 times!


How to make the most of these lessons?  

Each lesson was recorded sequentially, so do them in order.  They are all under 30 minutes so they are "bite size".

  1. Watch the lesson

  2. Practice doing it in the chart!!!!!!

  3. Take the retention test before moving on.  You think you got it - Prove it!

The videos are best viewed in Full screen!


Lesson 1 - Click here NOTE: pretty basic but it is only 24 min long

  • Explanation of how: pips, lots and margin accounts work
  • How to place a  stop and limit
  • Realistic expectations
  • Differences between the 6 aces, 10 min WC, RF10/10, Regular RF.
  • How to trade the RF10/10 and Pole (first trade setups to learn - each has it's own video under Trade Setups)
Lesson 1 Retention Test  Open and print   (PDF file)  Don't have a PDF reader download one here



Lesson 2 - Click here 27:27   Note: this starts your journey as a beginning Forex Target Trader

  • Harmony and momentum
  • Times to trade
  • T30's  (30 pip intermediate targets based on the Pivot Point)
  • Moving Averages (ours are special to show the desert)
  • Trends -  Think you know trends?  Trends are hard - they look easy - most have been taught to do them wrong!

NOTE:  The Forex only trends at best 30% of the time.  If you have a trend on a lot of currencies you are probably WRONG!  The purpose of a trend is to facilitate Elliott Waves.  Make sure your trend has WAVES!

Here's a bonus video on Elliott Wave Click here

Bonus video:  How to really know the trend Click here

Lesson 2 Retention Test  Open and print    (PDF file)  Don't have a PDF reader download one here



Lesson 3 -Click here  18.35

  • Review harmony and momentum
  • T3 - a special moving average for advanced traders to place their stop
  • PSR - Previous support/Resistance
Lesson 3 Retention Test  Open and print  (PDF file)  Don't have a PDF reader download one here

Now that you have done lesson 3 the 4th lesson should make sense to you!



Lesson 4 - Click here 25.00

  • HSI's - an amazing target tool for trending targets found ONLY at ProAct Traders
  • Elliott Wave Basics (below is an Elliott Wave cheat sheet you can download for your files - click to open then hit ESC to return)
  • Fib retracement basics  Bonus Video here  (Fast Trackers use Fibs 10 ways - we only show 3 LIVE in the NY room)

Does the HSI really work click here

Lesson 4 Retention Test  Open and print   (PDF file)  Don't have a PDF reader download one here



Lesson 5 - Click here 26:00

  • Divergence
  • Putting it all together - TFPD 
Lesson 5 Retention Test  Open and print  (PDF file)  Don't have a PDF reader download one here



Lesson 6 - Click here 20:00

  • Applying what we know in the real world

Lesson 6 Retention Test  Open and print  PDF icon Beginners Lessons Retention Test-Lesson6.pdf(PDF file)  Don't have a PDF reader download one here





Trade the WOS and Press Your winners

How to quantify a live trade opportunity

Watch a live trade edited to only 23 minutes - lots of gems in here and see how to identify a great trade and manage it to target


What is the "REAL KEY" to being successful in the Forex?  "PRESS YOUR WINNERS WITHOUT EXCEPTION"  We teach it every day in the live rooms


Q. What times should I be actively executing trades in the market?  

A. Overlapping markets only and then only the first 2 to 2 1/2 hours of that session!  Manage trades in between markets.