ProAct Traders Begins Road Show Forex Training

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 10, 2009 --

ProAct Traders has begun a series of road show training sessions to provide information on how to utilize their charts to profit in the foreign currency market. If you actively trade foreign currencies you have likely noticed a shift in market patterns since last fall, strategies that worked previously are not as successful as they once were. Recognizing that stability within the market changed at some point last fall, the team of professionals at ProAct Traders has been closely studying market movements since last December. They have identified a new way to recognize trends in the market and have adjusted their charts accordingly.

Armed with new knowledge and updated charts, the team has begun a series of training sessions to walk users through the updates and reinforce the methodology of trading with their charts. The training is eight hours long, and each of the ProAct team members is involved.

The topics covered include:
- What to look for in your market prep before each trading session.
- How to properly pick stops.
- How to identify targets during market moves.
- Techniques to increase your pip capture during successful trades.

- Identifying the potential for market reversals before they happen.
- How to tell when not to trade.

One other benefit of the training session is being able to meet other traders that live in your area. ProAct encourages trading communities which foster continued learning and successful trading habits.

The ProAct forex charting software employs a number of methods to identify harmony and momentum in the foreign currency market. The software does not provide trade signals, but rather gives a clear picture of market conditions allowing traders to make informed decisions about when to enter or exit the market. The training sessions are significant because they provide the average trader a peek inside the methodology of how an experienced trader utilizes these tools to read the market.

The first training session was in Dallas, and it was attended by more than 50 people from across America. All of the feedback from participants was positive, and a number of trading groups were formed throughout the country. The event was such a success that the team at ProAct Traders is putting together a schedule for more training sessions. To find out where they’ll be next, and when they’ll be in your area please take a look at the Live Class page on their website.

currency trading     foreign exchange     forex