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  • #617: Too Busy to Trade? Try This Weekly Strategy

    #617: Too Busy to Trade? Try This Weekly Strategy
    Dec 6 2025
    Too Busy to Trade? Try This Weekly Strategy Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #617: Too Busy to Trade? Try This Weekly Strategy In this video: 00:31 – Do you lack the time to trade? 01:50 – How to trade without taking up too much time. 02:08 – GBP/HKD W1 chart with a 4.8:1 Reward:Risk. 03:27 – My first ever client trades only Weekly charts. 04:33 – Look at the charts just once a week. 05:18 – It’s all about knowing what to look for. 05:41 – Book a call with us. 06:04 – 30 minutes Masterclass. 06:25 – Blueberry Markets as a Forex Broker. 07:04 – Like, Share and Subscribe Do you think that you’re too busy to trade? If that’s you, I’ve got a great solution for you. This is something that my very first client from back in 2009 has done since then, whilst running his very successful business. Let’s get into that and more right now. Hey there, Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 617. Do you lack the time to trade? So a common problem that so many people face is they think they are too busy to trade. And it’s fair enough because you see out there online, you know, examples on various platforms, YouTube, etc. of people looking at charts and looking at 5 minute charts and watching every pip move up and down. And you look at that and you think, well, realistically, how on earth can I copy that process? Because I’m just too busy. I’ve got, you know, work, businesses, family, hobbies, whatever it might be going on in your life. And there’s no way that you are going to be able to afford that time to sit there, either to want to do it or to be able to do it, to sit there watching charts, ready to take little trades every now and then. It’s just not realistic. And of course, many people wake up to that fact and they go, well, looks good and maybe in hindsight, but I just realistically cannot dedicate time to doing this. And even if you could, do I really want to sit there just staring at charts, watching 5 minute charts and 15 minute charts, just waiting for that signal to occur? Probably not, because it’s not realistic and it’s not something you’re going to enjoy and continue to be able to do or want to do long term. So everybody’s got busy lives. I get that. How to trade without taking up too much time. So what can you do to still become a good trader, but to not take up all day? And the very simple solution is you can look at the longer time frame charts such as the weekly charts. Now, just this week, right now is the absolute perfect example. GBP/HKD W1 chart with a 4.8:1 Reward:Risk. At the beginning of this week, we suggested a buy trade to our clients on the GBP/HKD. Now you go and have a look at your weekly charts for the beginning of this week. Go on to the pound Hong Kong dollar and you’ll see the candle setup that I’m taking now. Right now as I’m recording this, the trade has not reached a profit target. But it’s very, very close. It’s only like ten pips away right now. If it hits the full profit target, which it’s almost certainly going to do, especially by the time you watch this and listen to this, the trade’s going to make a massive 4.8 to 1 reward to risk. So if you imagine that at the beginning of this week you saw that trade and you placed, let’s say, a 1% risk on that trade, that’s going to make you an incredible 4.8% gain on your account on the one trade in one week by taking literally, what, ten minutes to scan through the charts, if that, just at the beginning of the week. If you took a half percent risk, that’s going to make you a 2.4%, not a bad gain in one week from a trade that took you like five or ten seconds to actually place, and then you’ve forgotten about it. No more chart watching. You just put the trade on, put your stop loss on, put your profit target on and let the trade do its thing. Let the market do its thing. Now that is a solution for you if you’re short on time. My first ever client trades only Weekly charts. Now, my very first client, and he was the instigator in starting The Forex Trading Coach because he used to buy trading signals from me. And he said, look, Andrew, would you fly across to Australia to come and teach me? And I spent about four or five days with this guy and his family back in 2009, and that is how I started the coaching. And he was just thrilled with the system and thrilled with everything I taught him. And to this day, he is still trading. Now this guy owns a number of restaurants, very high end quality restaurants in Noosa in Australia. And he traded back then the weekly charts and to today he continues to trade just the weekly charts because for him he can have a look at his charts once a week early morning Monday morning in Australia. Or he can, you know, ...
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    8 min
  • #616: Find the Best Time Frame for Trading

    #616: Find the Best Time Frame for Trading
    Nov 30 2025
    Find the Best Time Frame for Trading Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #616: Find the Best Time Frame for Trading In this video: 00:27 – Traders are confused over which time frame chart to trade. 01:25 – New traders give up. 01:42 – This changed my trading around. 02:43 – More time frame charts now available. 03:00 – What do you prefer and what are the market conditions doing? 03:36 – Look at 5pm and 5am EST. 05:42 – Book a time to chat with us. 06:04 – Blueberry Markets as a Forex Broker. Do you get confused with not knowing which time frame chart to trade, or when to look at your charts for a new trading opportunity? If that’s you, listen up. I’ve got some great solutions for you. Hey there traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 616. Traders are confused over which time frame chart to trade. So today I want to address a common problem that I find that a lot of traders have. And that is they don’t know what time frame chart to trade. And also they don’t know when to look at the charts. And there’s a couple of real easy solutions and answers that I have for you. See, the issue that a lot of people have is when they start trading, everybody wants to take trades and lots of them because it’s exciting and it’s new. And of course, if you go to like a 15-minute chart or a five or even a one-minute chart, you’re going to see the market moving and you think, “Oh, there are great opportunities here.” But of course, at that time you’ve got little idea about spreads. And if you take sell trades and the spread widens a bit in levels, it’s going to take you out for a loss quite easily. But everybody kind of goes through it and they think they need to trade like five-minute charts and scalp. And it looks really cool and exciting. New traders give up. The issue becomes that you soon realize that either the spread’s taking you out and you’re losing trades all the time, or you’re getting glued to the charts and you become trigger happy, and then you become nervous and you don’t know what you’re doing, and you lose confidence and you give up. This changed my trading around. One of the things that changed my trading around some 20 years ago, nearly now, is I went the opposite way after falling for the short time frame trick. I went the opposite way. I went to a daily chart. I took all the indicators and everything off my chart, and I studied the daily charts. I found that the higher time frame charts were more reliable, gave me good information, far less stress, looked at the charts just once a day, news events don’t really affect them, and it’s far more enjoyable and far more rewarding. Your profitable trades are so much better and it just becomes a better thing to do. And when I made my strategy that I still trade today, I did start on daily charts. And then you can go higher time frames to like weekly and monthly. But also I then discovered that I got shorter time frames, you know, I go into like four hours and one-hour charts potentially, but not so much for me. You can trade it. More time frame charts now available. Now, of course, more recently we have the ability to trade charts like 12-hour, 8-hour, 6-hour, 3-hour, and 2-hour. And the logic and strategy that I use works across those time frame charts as well. More time frame charts now available. So there are a few things to answer your question about what is the best time frame, because it does depend. The answer is — it depends. It depends on you as an individual as well. What type of personality have you got? The other thing it depends on is the market conditions at the time right now. And for example, some weeks we take lots of 6-hour chart trades and other weeks we take lots of 12-hour chart trades. In other weeks we take lots of 2-hour chart trades. So it does depend on the currency pair or the market you’re trading and the overall market conditions at that time, because it varies. Look at 5pm and 5am EST. So a way to get around that, because otherwise you’re going to be looking at charts all the time — one of the suggestions I have is that if you have the time availability, you look at your charts once or twice a day. The two times that I think you’re going to find some of the better opportunities would be 5 p.m. New York time. That means at the end of the trading day — so the start of the new trading day. And at that time you can look at the daily charts because obviously a daily chart closes and opens straight away into the next day. So you can analyze the closed daily chart and look at trades then. At that same time, we also go through and analyze and scan 12-hour, 8-hour, and 6-hour charts. And we post trades for our clients on those three time frames plus the daily ...
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    7 min
  • #615: Trade Smarter: Bollinger Bands Made Easy

    #615: Trade Smarter: Bollinger Bands Made Easy
    Nov 23 2025
    Trade Smarter: Bollinger Bands Made Easy Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #615: Trade Smarter: Bollinger Bands Made Easy In this video: 00:23 – Don’t sit at your charts all day. 00:41 – Using Bollinger bands. 01:19 – You cannot trade every suitable candle without qualifying it. 02:30 – Why Bollinger bands can help you to trade. 04:00 – Add Bollinger bands when checking for suitable candles. 05:02 – New Forex Masterclass. 05:25 – Book a call with us to chat about your trading. 05:45 – Blueberry Markets as a Forex Broker. 06:21 – Like, Share and Subscribe Today, I’m going to explain to you why I use Bollinger Bands. They’re a really important part of your trading and can massively help you if you know how to use them right. So let’s talk about that and more right now. Don’t sit at your charts all day. Hey there, Traders! Andrew Mitchem here at The Forex Trading Coach — outside on a glorious day with one of my wife’s horses here. One of the beauties of trading, and the way that we trade, is that you do not need to sit at your charts all the time. You don’t need to be at the computer all the time. Far from it. In fact, the opposite — less is more with good trading. Using Bollinger bands. But the reason I want to talk about Bollinger Bands today is that I had a discussion with somebody yesterday who’s been trading for just a little while — not a client yet, but he was interested in how we trade, how we operate, and in coming on board with us. I actually met him in town, took my laptop, and had a really good chat with him. He knows that we use candle patterns and candlesticks as one of our primary ways of looking for a trade and understanding what’s happening in the market. Now, he’s reading Steve Nison’s book about candle patterns — which I probably looked at maybe 20 years ago. You cannot trade every suitable candle without qualifying it. And I said to him, the issue that I find is that if you look at candles just by themselves, they don’t really tell you a lot. They can help, but there are too many false candles. You cannot take every outside bar, engulfing bar, pin bar, or hanging man — whatever it is you’re looking at — as a trade. You just can’t do that, because you’re not going to be successful. What you need to do, as with any trading, is qualify it and make sure it’s in the right part of the chart. I took my laptop and showed him some trades that I had open live — in fact, two of the trades hit their profit targets. They were six-hour trades on XAG/AUD and XAG/EUR, which we posted for our members yesterday. They actually hit their profit targets live as I was sitting in a café talking with him, which was quite amazing. I said, “Well, you can’t make that type of thing up, can you? It just happened right in front of you.” Back to the story — I was discussing those trades and others, showing him the reasons why we took them. Yes, it was the candle patterns, but also where they occurred on the chart. We were using support and resistance levels, round numbers, stop-loss protection, and all those types of things. Why Bollinger bands can help you to trade. But the other point he wasn’t aware of — and what I want to discuss today — is about the use of Bollinger Bands. Now, I’m not a massive fan of using lots of lagging indicators because, well, they lag. However, I find that Bollinger Bands can really help you put the candle in the right part of the chart. Of course, you need prior trends and indecision and all those types of things. But if you just look at the setup candles that we look for, and if you’re looking for candles that occur near the upper or lower Bollinger Bands, then what you’re seeing are potential reversal trades. In other words, if you had a nice uptrend and your bearish candle bounced off the upper Bollinger Band (or near that area), then that could be a very nice reversal trade — looking for the downtrend to start. Likewise, the opposite of that — if you’re in a downtrend and you see a bullish candle bounce off the bottom Bollinger Band, then the market might start to reverse upward. Likewise, we also use the middle Bollinger Band. That’s a great area for helping to quantify trades that are continuation patterns — and continuation patterns are my personal favorite. It means that the market’s been moving up, then pulls back toward that middle Bollinger Band, you get a bullish candle pattern, and then you’re looking for the market to move upwards again. The opposite applies for bearish continuation patterns. Add Bollinger bands when checking for suitable candles. So, go and add Bollinger Bands to your charts and start looking at the candle patterns that we look for. By the way, that book I mentioned probably has hundreds of...
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    7 min
  • #614: Surround Yourself with Successful Traders

    #614: Surround Yourself with Successful Traders
    Nov 16 2025
    Surround Yourself with Successful Traders Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback #614: Surround Yourself with Successful Traders In this video: 00:34 – Do you belong to a community of traders? 01:04 – Survey results show people need to be part of a community of traders. 01:52 – The TFTC community helps our clients succeed. 02:40 – Most trading forums are a waste of time. 04:00 – We trade just 1 strategy, and all help each other. 06:00 – There is more to the course than the strategy. 06:29 – Free 1 hour live Q&A Webinar. 06:40 – Book a call to talk with us. 06:45 – Blueberry Markets as a Forex Broker. 07:15 – Surround yourself with like-minded people. Did you know that one aspect of being a really successful trader is to surround yourself with other successful traders — other like-minded people from all around the world who are out there achieving greatness in their trading and in their lives in general? Let’s talk about that really important topic and more right now. Hey there, it’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 614. Do you belong to a community of traders? Today I want to talk about a topic that does not get discussed very much. It’s a really important topic though, and it can make or break your trading. It’s about being part of a community — surrounding yourself, whether it’s in person or online, with other like-minded people. People out there who are trading the same way as you. People who are trying to achieve things in their life in general. I think that’s such an important part of trading, and I know that for you that’s also really important. Survey results show people need to be part of a community of traders. The reason I know that is that a couple of weeks ago, I sent out a survey to people who are not my clients — people who have written to me over the years asking for help or downloaded e-books, been on webinars, etc., but have not yet joined. One of the questions was all about trading community, and it actually had the highest single response. With one answer, it was an overwhelming majority of people — in fact, 76% of all respondents — who said that being part of a community of traders just like them and other traders from around the world is the thing that they are missing out on, and the thing that they value most. 76% of respondents said, “Yes, that’s very, very important to me.” The TFTC community helps our clients succeed. And so it got me thinking, because one of the things that we really pride ourselves on here at The Forex Trading Coach is our community. There are a number of ways that we do that. We keep in touch with people, and when I think about how people interact and I look at other ways that people interact online, what we do is vastly different. The trouble is, out there most social media platforms are full of keyboard warriors — quite honestly, idiots at times — the majority probably of people who are out there telling others what they should and shouldn’t do. People are taking advice from others who don’t really know what they’re doing, and they’re all out there with their own agenda — not really trading. Most trading forums are a waste of time. The other thing I used to be part of years ago — and I haven’t for a long time now — is other forums. The problem is they often get overtaken by some clown who thinks they’re going to dominate the forum and they know more than everybody else. A discussion gets out of hand, arguing starts, and it’s just ridiculous. Or someone comes up with a good idea and a strategy, and a few threads later it’s completely changed because someone says, “Oh, we need to add this,” or “I don’t like that,” or “We need to do that.” And it just all implodes — it always does. What I find is that, in general, on social media, people are lonely. They think they’re part of a group, but they’re not. Trading by yourself, whether it’s at home or on a laptop somewhere, is lonely. How many people listening to this right now have friends who honestly know what you’re doing as a trader? Do they think you’re gambling? Do they think you’re just throwing your money away? Do you have a husband, wife, kids, or parents who just think, “Oh, you’re wasting your time looking at charts, doing silly things, and gambling your money”? As a result of that, you don’t have anybody to contact. You don’t have anybody to speak to. Now, that’s what 95% of people do. What we do is massively different. We trade just 1 strategy, and all help each other. Our forum site is full of traders from right around the world — 109 countries — all out there trading one system, one strategy, all helping each other. Multiple sets of eyes ...
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    8 min
  • #613: Making Extra Income While on Vacation in New York with Paul Tillman

    #613: Making Extra Income While on Vacation in New York with Paul Tillman
    Nov 9 2025
    Making Extra Income While on Vacation in New York with Paul Tillman Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback #613: Making Extra Income While on Vacation in New York with Paul Tillman In this video: 00:26 – Paul Tillman trading from New York on vacation. 00:44 – Account up +1% in 2 days of the week. 01:25 – We can teach you how to trade in just 30 minutes a day. 02:10 – Trade and travel. 02:49 – How to contact us and learn how to trade for yourself. How would you like to be able to make extra income, extra money, and still go on vacation with your family to sites like New York City? Let’s get into that and more right now. Hello, this is Paul Tillman with The Forex Trading Coach, and this is video and podcast #613. Paul Tillman trading from New York on vacation. I am standing here right in the middle of Times Square in New York, on vacation here. The last time I was with you, I was with Andrew on the top of Grandfather Mountain in the North Carolina mountains, shooting a video and telling everybody how forex can help change their lives. Account up +1% in 2 days of the week. So I’m sitting here in New York. I’ve been trading — this is only the second day of the week — where I’ve made more than 1% already, taking trades on XAU/GBP, GBP/JPY, and even BTC/USD. And I’ve done that in just an hour of trading yesterday and 30 minutes of trading this morning. The key is to make the most of your opportunities — checking the charts at certain times of the day, getting into a daily routine, not getting stuck to your screen all day looking at such short time frame charts. There’s no need for that. You only need to trade 30 minutes to an hour a day to make it create income. We can teach you how to trade in just 30 minutes a day. What we can teach you is how to do that. We have a course that goes all the way from A to Z — talking about the very beginnings of forex trading all the way to the end of our strategy. We have live webinars that traders get on every week. We’re looking for live trades, talking about our story with trades and questions. And then we also have a forum site. The interesting thing about the forum site is that in that 30 minutes a day, outside of that, there was a trade on the USD/MXN just last night on the forum site. I was able to get on the six-hour charts, take a buy trade, woke up this morning ready to tackle New York again, and saw that trade had hit the profit target. Trade and travel. So, being here in New York City — seeing a few other professional sporting events, seeing the sights and sounds of Times Square in the capital of the world, as they say — you can do all these things and still trade at the same time. Most of us have families, we have jobs. I’ve got a 12-year-old daughter and an 8-year-old boy who keep me running constantly. But I can trade around that, and even the job that I have as well outside of trading. So, we’re headed to go see the sights now around New York City. Going to see our hometown Carolina Hurricanes hockey team tonight before heading back home to Raleigh tomorrow. How to contact us and learn how to trade for yourself. If you’re interested in anything that I’ve said about The Forex Trading Coach and having forex change your life, put a comment at the bottom of this video or hit “Contact Us.” Visit our site at TheForexTradingCoach.com. So we’re off to go see more sights in New York — ice hockey tonight — and we’ll talk to you later. Have a great rest of the week. Episode Title: #613: Making Extra Income While on Vacation in New York with Paul Tillman Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback
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    3 min
  • #612: Find Out What’s Blocking Your Trading Growth

    #612: Find Out What’s Blocking Your Trading Growth
    Nov 2 2025
    Find Out What’s Blocking Your Trading Growth Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback #612: Find Out What’s Blocking Your Trading Growth In this video: 00:35 – Give me feedback – what’s holding you back? 01:10 – Possible issues preventing you from trading well. 02:07 – Do you want to trade Crypto’s and not FX? 02:42 – I can help you if you first let me know your issues. 03:45 – Blueberry Markets as a Forex Broker. 04:00 – Brand New Forex Masterclass. 04:07 – Comment, Like, Share and Subscribe What’s holding you back from being a very good and successful and profitable trader? I want to find out more from you, because if you let me know what your issues are, then I can help you to overcome those and to become that type of trader that you’ve always wanted to be. Let’s get into that and more right now. Hey there Traders! This is Andrew Mitchem here at The Forex Trading Coach with video and podcast number 612. Give me feedback – what’s holding you back? So today, something different — I need feedback from you. The reason I want feedback from you is because unless you let me know what your issues are, I can’t either help you or provide content that will help you. I’m guessing that if you’re watching or listening to this, you’ve either been trading, looking at trading, or tried it in the past and it hasn’t worked — and something is holding you back. So let me know in the comments below or email me directly at Andrew@TheForexTradingCoach.com what those issues are. It could be more than one. Obviously, is it. Possible issues preventing you from trading well. For example, a lack of time? You feel that you’ve got too much going on in your life and you either don’t have enough time to potentially learn to trade or to do the trading itself? Are you worried about being glued to your charts, looking at screens all day long, and finding that boring or unappealing? It could be a lack of knowledge. Maybe you feel that you just don’t understand the markets enough to justify putting real money into your trading. It could be a lack of confidence. There are a lot of people out there who can trade demo and do very well on demo, but they have an issue when it comes to trading live. That could be an issue. Or maybe you think you’ve got a lack of money, and you’re thinking, “Well, what’s the point in either investing money in education or even into my own trading if I’ve only got $500 in my account? It’s pointless because I’m putting all that time and effort into it for just a few dollars return.” So it could be that. Do you want to trade Crypto’s and not FX? It may be that you’re not interested in forex at all — maybe cryptos are your thing. So if you are wanting to learn how to trade cryptos, that’s some feedback you could give me. You might be going, “Andrew, look, forex is old. It’s had its day. It’s not moving. Cryptos are clearly the way of the future, and I want to know how to trade cryptos. I’m not interested in forex, metals, and commodities, and all those other markets.” So potentially, that could be the issue. It could be a mindset thing. It could be a time thing. It could be a lack-of-knowledge thing. Whatever it is, I’d love you to let me know. I can help you if you first let me know your issues. Because after 16 years of being a forex coach and educator, I’ve kind of seen it all. We’ve got clients right around the globe with all different levels of experience, backgrounds, and everything else. So we kind of know what works. But we also want feedback, because in order to keep progressing, helping people, and building the community that we have, we need to know where new issues and new problems are. Like I said, it could be something as simple as you wanting to learn only to trade cryptos and forex is not your thing. Or it might be that you’re just not interested in learning to trade at all yourself, and all you want is to copy someone — maybe through signals, managed accounts, or prop firms. Whatever it might be, let me know in the comments below. Because like I said, the more that you let me know, the more I can help you. I’ll put a link to my email address here as well. Blueberry Markets as a Forex Broker. And if you’re out there thinking, “Well, I need a good broker and I am looking at trading forex,” then I’ll put the link here to Blueberry Markets. I think they’re a very good broker. They offer the MT4 and especially the MT5 trading platform — so have a look at them. Brand New Forex Masterclass. Also, if you have not been on my new 30-minute On-Demand masterclass, I’ll put a link to that as well. Comment, Like, Share and Subscribe But most importantly — give me feedback. I’d love to get comments from...
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    5 min
  • #611: Daily Reversal Pattern That Nailed Profit

    #611: Daily Reversal Pattern That Nailed Profit
    Oct 26 2025
    Daily Reversal Pattern That Nailed Profit Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #611: Daily Reversal Pattern That Nailed Profit In this video: 00:35 – Trading reversals and continuations. 00:58 – What to look for when trading reversals. 01:23 – Selling the XAG/AUD D1 for 3.5:1 R:R profit. 03:19 – Traded using a Sell limit order. 04:23 – Brand New Forex Masterclass. 05:02 – Free 1 hour live Q&A Webinar. 05:17 – Blueberry Markets as a Forex Broker. 05:58 – Like, Share and Subscribe I want to talk a little about reversal patterns, and we had a fantastic reversal pattern on a daily trade just this week. They look really good on the charts, and they can be a fantastic way to profit from the markets. So let’s talk about reversals and more right now. Hey there traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 611. Trading reversals and continuations. So I personally trade two different chart patterns. I look for continuation patterns and I look for reversal patterns. Now, if you’ve been following me for any length of time, you will know that I prefer continuation patterns because it means that you’re trading with the dominant trend. But after a pullback or retracement. What to look for when trading reversals. However, I also still do look for reversal trades. Now, they can look really very good on your charts, but they do pose slightly more risk because you are trading against a very strong uptrend or downtrend. However, there are a number of things you can do to put more factors in your favor to give yourself a high-probability chance of a successful trade. Selling the XAG/AUD D1 for 3.5:1 R:R profit. Now, a great example of that is just this week. On Monday, the 20th of October 2025, we took a sell trade on the daily Silver Australian dollar. So go have a look at the charts — XAG/AUD — on the daily charts, and you will see that Friday’s candle, the completed Friday candle, was an all-time high, but also it closed very strongly back down as a bearish candle and had a number of other things in its favor. Not only was it an all-time high, but it had a trend line break, it was overbought, there had been recent divergence, and it broke down through the round number of 80 and closed below that level at the end of the week. So on Monday, at the beginning of the week, we suggested and took ourselves a sell trade based off that chart. Now, if you’ve been following gold and silver against almost everything over the last few weeks and months, you know that they’ve just gone up and up and up. They’re going crazy. And so with anything that does that, there’s always going to be an opportunity for it to get overbought and then pull back. Now, I don’t know — and I don’t particularly care — whether gold and silver, or in this case silver against the Australian dollar, has a massive fall away. It doesn’t really matter for this particular trade. All I’m looking for is a slight pullback based on the candle pattern. Now, two candles later, we hit our full profit target on this particular trade for a very healthy 3.5 to 1 reward-to-risk. So that means if you risked 1% on the particular trade, you would have made a 3.5% gain on your account, which is pretty amazing considering it took just what — a minute, if that, to place the trade — and two candles later it hit the profit target. So have a look at what actually happened on the chart. Now, we take limit orders. Traded using a Sell limit order. So at the beginning of the week, we didn’t just take a market order. We put a sell limit to sell XAG/AUD if the price first pulled back — which it did. It got to exactly our entry level and then turned around as anticipated and went straight to our profit target some two candles later. That is a great example of a lot of things all adding up together to suggest that that trade was going to work in our favor. When you look at it on a bigger picture, XAG/AUD had been in an enormous uptrend, and it turned over, and we took that opportunity to sell it. As I mentioned, where it goes now, I’m not particularly bothered because I’m out of this particular trade and therefore looking for new opportunities. It could well pull back and then continue back up again in that overall direction. If that’s the case, that gives us a great buy opportunity, which becomes a continuation pattern. But today we’re talking reversals, and that is a great example of reversal patterns. If you’d like to find out more about how we trade and how we can teach you and help you to become a successful trader with our help — after all, we’ve been doing this for more than 16 years and have clients in 109 countries — we kind of know what we’re doing, and we know what works and what doesn’t in ...
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    6 min
  • #610: Stop Losing — Learn Forex the Right Way

    #610: Stop Losing — Learn Forex the Right Way
    Oct 19 2025
    Stop Losing — Learn Forex the Right Way Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here to Watch my Q&A Webinar Replay #610: Stop Losing — Learn Forex the Right Way In this video: 00:33 – “Ask me anything” trading Q&A webinar. 01:19 – Trades were shared, live and closed trades. 01:50 – A lack of trading knowledge. 02:50 – Most people lack a trading plan and strategy. 04:09 – A lack of money management. 05:20 – Invest in your trading education first. 05:49 – Masterclass webinar. 05:54 – Book a call with us. 06:29 – Blueberry Markets as a Forex Broker. 07:00 – Like, Share and Subscribe If you want to be a successful trader, one of the really important things that you must do is take your time to learn the craft properly. If you do that, the rewards will be huge. So let’s talk about that important topic and more right now. Hey there Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 610. “Ask me anything” trading Q&A webinar. Really important lesson today, and it all comes from a free-to-the-public live one-hour webinar that I held earlier this week. I called it “Ask Me Anything,” and people could come onto that webinar live, in real time, and ask me any trading question at all. And of course, I had some emailed to me from people that couldn’t attend live. It was a great session — lots and lots of valuable information — and I’m going to put a link to that webinar here on this page somewhere. I really encourage you, if you were not on the session live or if you’ve not yet seen the recording, to go and watch that session, because I help people with all the questions that they have. And with my 20 plus years of knowledge as a full-time forex trader, there’s a lot of valuable content there. Trades were shared, live and closed trades. I shared all my open trades live at the time of the webinar, and I explained why I had those trades open and which trades I had. From last week I shared all my trades — positive and negative trades. You could see that I had a 6.5% gain last week with very low risk per trade and high reward-to-risk — everything that I talk about. You can see that from the previous trades and you can see that on the live open trade. So there’s nothing hidden; everything there for people to see. A lack of trading knowledge. Now, one of the parts that I got from the session was I realized that there are so many people out there who all want to be traders, which is fantastic. But the trouble is, I got the impression from a lot of people that there’s a lack of general trading knowledge out there. Maybe that comes about from people hearing about trading and wanting to get into it but not really spending that time upfront to get that real knowledge. For me, that was quite a concern because it seemed to me that there were a lot of people on that webinar who were just not profitable, and yet they were still trading on live accounts of their own. A lot of people seem to be trading on prop firms and failing them. That is just a complete and utter waste of your time and money. Because why would you go and invest in something — either your own live funds or a prop firm, or both — when you don’t really know what you’re doing? Most people lack a trading plan and strategy. The takeaways I got from that are that, in general, most people seem to either not have a strategy, didn’t really have an actual trading plan, or didn’t know what they were looking for. So I had questions about what it is that you’re looking for — what makes a trade? What, in my eyes, determines what is a trade and why? They don’t know what pairs to look for, they don’t know what timeframes to look at, and they don’t know what market to look at either. Whether you’re looking at cryptos or metals or forex — I got the question, “What’s the best pair to trade?” Well, there is no best pair to trade. It depends on what’s happening in the market right now. What’s the best timeframe? Again, it depends on what’s setting up in the market right now. How do you enter a trade? Where do you put your stop loss? Where do you put your profit target? I feel that a lot of people don’t have a set strategy and know exactly what to do. They don’t know when to look at their charts. Are they looking sort of midway through a candle formation because they happen to be at their computer right at that point? If you’ve been following me for any length of time, you know that I look at a candle pattern and I only look at the close of a candle, so I know exactly when I need to go and look at my charts. I know what timeframes to look at and when I look at strength and weakness of currencies, so I know which ones I’m preferring and in which directions. A lack of money ...
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    7 min