FOREX TRADING SYSTEMS ELEARNING COURSE – BUSTED BREAKOUT SYSTEM

This e-learning course addresses two main parts from Gabriel’s original Forex Trading Workshop:

1) Forex trading basics — all you need to know to start trading Forex, and,

2) Gabriel’s popular and most easily accessable trading system, the Busted Breakout pattern.

Gabriel teaches three trading systems with an edge at his in-person Forex workshop at the Van Tharp Institute. Of those, the Busted Breakout offers the best performance statistics. Students that have taken the course already have said it’s also the easiest system to learn to trade! In this online course, Gabriel lectures for approximately seven hours on the basics of trading Forex and all of the details about this single trading system. The course includes downloadable material with lots of valuable information supporting the lectures. On top of that, Gabriel will provide a series of monthly follow-up online group calls to answer questions and share ideas. You don’t want to miss this!

• You can spend little money and learn an excellent trading system that has plentiful opportunities on multiple timeframes.
• You can watch the video lectures from the comfort of your home.
• through the course at your own speed. You can finish the course as quickly as one day for an introductory look at this system, or spread it across weeks to obtain mastery.
• You can review the entire course or you can focus in on reviewing certain sections.
• The course isn’t over when you finish watching the lectures. You can ask questions and interact with other traders during a series of up to three follow-up calls Gabriel hosts for e-learning course students.

Add one important —and practical— point for individual traders to this attractive and built in longer-term volatility: Forex has evolved into a market in which individual investors can trade efficiently at low transaction costs — even with a very small trading account. This wasn’t always the case. Just ten or fifteen years ago, individual traders had to have a significant amount of capital to open a Forex trading account. If you actively trade equities or options right now, think about trading/investing a less correlated asset class — Forex.

It’s a system you will have a lot of fun with as it capitalizes on fishing for stops of unexperienced traders who get caught in bad trades (bull traps and bear traps).

You can find the setup pattern in any chart – long term charts and in short term charts. Once you know how to spot them, you’ll probably be surprised at how many appear. If you prefer position trades lasting weeks or months, look at the GBPNZD pair using weekly bars. The long consolidation area from mid-2016 to early 2017 set-up the trader trap – it just snapped catching unexperienced countertrend traders. This is a short trade setup with a very attractive reward to risk ratio.

If you prefer a very short timeframe, see the 1min bar chart of the EURUSD pair below from July 6, 2017. Can you can see the consolidation area and where the breakout below the range failed (or “busted” as Gabriel says)? You can study how Gabriel framed a long trade based on this setup and see the price level for the entry, initial stop, likely stop-runs, and eventual target.

Watch for yourself in Gabriel’s video how this trade capitalized on the stop run levels and then continued to run after reaching the target price.

Busted Breakout EURUSD Long trade, 1min chart