Thanks to John Bollinger, traders were equipped with an indicator which tells them if the market is quiet or loud. With two simple bands that narrows and spreads apart when there is action.

So how does it work? When one band is pierced, price has a tendency to move to the other band. Most people think that when a candle pierces a band, it signals a change in price automatically. That’s a big mistake. This usually happens after that section or wave of the trend is done. But other conditions must apply. Remember that the use of Bollinger Bands must be in context with other indicators such as Moving Averages or the Elliott Wave pattern.

We have a special announcement for the Trading Mastermind community AND even to non-members. Do you believe in the power of the Law of Attraction? Have you been trying to make this work in your life? Do you want Michael J. Losier to answer all your queries? Because he will be doing that and you are invited!

Author, trainer and NLP practitioner Michael J. Losier has been a teaching Law of Attraction for sometime now and his book Law of Attraction: The Science of Attracting More of What You Want and Less of What You Don’t changed the lives of many people. Unlike other books on Law of Attraction, Losier’s book is easy to follow so readers can achieve what he wants and move away from what he doesn’t want.

He will be live (via teleseminar) on April 16, 2009. So go ahead and register because the number of attendees is limited. Click here to register.

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We want to know what you can say about your broker. Since trading mastermind aims to help other traders, please share with us what are your insights, knowledge and even past experiences with your broker. Through this survey, you can rate your (current or former) broker. In that way, we can help other traders in deciding which broker will they pick.

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We’re up and running! Trading Mastermind, the leader in forex trading education, continues to do what it does best: dispelling misconceptions in the field of forex trading that cause the majority of traders to consistently lose.

When Trading Mastermind was launched a couple of years ago, founder and forex educator Scott Shubert did not claim to have any special credentials or extensive experience in trading. And his position remains the same. But little by little, his techniques helped a lot of novice traders and were thankful that they stumbled upon this website.

“I have just started trading this method (about a month now) and can say that it has some extreme potential for me. I would highly recommend it.” – Cam020 (from babypips.com forum)

”Well to be honest, this is the first course i can really say it is worth every $ of the price… For a newby, there is no better kickstart“. — Koos Wolmarans (from forexpeacearmy.com forum)

“Your information spoke to me as no others I looked at…I am already using what I now of your method and I am gaining power each day! Thank you for changing my life”. – K. Gallop (sent through email)

”…Very good stuff…I still keep asking myself, why didn’t I purchase your course before?“  – Jacob B. (sent through email)

And as more lives are transformed brought by Trading Mastermind, we bring you a bigger and better tradingmastermind.com! The good stuff (forex trading education, videos, strategies, etc) is all here and there’s even more to come.

We’ve also added a section for success training which aims to motivate if not transform everyone’s state of mind that wealth and success is not that difficult to achieve.

Keep track of the latest scoops in Forex Trading Lifestyle and in Forex Trading Insights. And of course, since everyone is already in Facebook, you are all welcome to join Trading Mastermind group. You can also follow us and we’ll follow you in Twitter.

So, feel free and enjoy the new Trading Mastermind website as we also continue to improve its contents. And if you do have any suggestions feel free to contact our web master (clariseprat@gmail.com), we are very much eager to hear what you have in mind.

Carpe diem!

After about 3 years of helping traders to learn to create real income and genuine success, Trading Mastermind is finally replacing the web site that has not been touched since day one.  Due to popular demand we are creating a new trading center to provide the best free information and community interaction available on trading Forex and other markets.  We look forward to being of service to you.   Meanwhile you can still find our course at Forex Trading Course