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Sam Evans

After leaving University in 1999, Sam thrust himself into the media world, working as an executive producer and part-time presenter for London's Capital FM. Roles in the record and film industry followed, where Sam conducted many promotional interviews and honed his presentation skills for nearly 7 years. With a strong desire to work for himself, Sam left the media industry behind and spent an intense 18 months studying to become a professional Life Coach, embarked on various property investments and gave in to his childhood fascination with the money markets by training to become a trader with Online Trading Academy.

 

Since his graduation, he has been a full-time trader, specializing in Stock Index Futures and Forex. Under the guidance and mentorship of some of Online Trading Academy's best instructors, Sam himself joined the teaching roster and forged his own unique style of trading. A devoted student of the Market, Sam's focus is on strict risk management discipline, combined with a realistic approach to understanding the true nature of Price Action. Fuelled by a passion for the markets, Sam now teaches and presents for Online Trading Academy, welcoming and helping others into the rewarding world of trading.

 

Maintaining Consistency in Risk by Sam Evans

For the subject of this week's articles, I would like to illustrate three particular scenarios which deal with various aspects of risk management. In addition to the required and necessary skill-sets involved in consistent speculative trading, maintaining a constant and disciplined approach to capital preservation is ultimately the number one objective for any professional in the field. Failure to adhere to these risk management principles will typically result in ongoing frustration and concern for any individual aspiring to attain market success... READ MORE

 

Ding Ding... Round 2?! by Sam Evans

If one were to look back upon the last year of price activity on the worldwide Forex markets, that person would be hard pressed to deny that it has been eventful to say the least. We have seen huge rallies and equal declines across the board for the US Dollar, hung Parliaments taking their toll on the Great British Pound, Juggernaut-like pushes through Parity Level and then back down again for the Australian Dollar, and that's all before we even give a mention to the Euro! But don't worry, we will get to the Euro in a little while... READ MORE

 

Getting Closer to the Real Price by Sam Evans

Each week when writing these regular Lessons From the Pros articles, I hope to share some slices of information which will help Forex traders of all skill levels in their continuing quest for consistency and profitability in their continued market speculation. Over the last year or so, we have discussed a wide variety of Technical and Fundamental approaches, as well as detailing the necessary skills required for solid risk management and trade management practices... READ MORE

 

Another Day, Another Non-Farms by Sam Evans

One of the biggest events in the world of Forex Trading, without question, is the regular monthly release of the US Non-Farms Payrolls figures. This economic update is typically released to the trading and investing community on the first Friday of each month and can be the cause of some of the wildest and most volatile price action seen in this asset class... READ MORE

 

Letting Go of the Past by Sam Evans

Looking back over the last few weeks of price action across the major currency pairs, I feel that there has never been a time to be more disciplined and balanced in our trading activities. While I would say that no matter what stage a trader is at in their career, there can always be challenges to face... READ MORE

 

Looking Through the Smoke Signals by Sam Evans

Last week's article was a focus on the recent price action of the Australian Dollar, which any active trader in the Forex market will know has been showing consistent strength in recent months. I talked about how we all need to be very aware of our inbuilt tendencies to want to follow the crowd in our trading decisions, especially when faced with a glut of news releases, reports and updates across the world wide web, in the newspapers and of course on TV. This week I would like to follow up on the same topic and look at how, from a technical perspective, we can attempt to read the subtle signs of the market to give us an objective "heads up" of a possible change in market sentiment and direction... READ MORE

 

New Rules, Same Game by Sam Evans

It is the job of every serious-minded Forex trader out there to keep abreast of the latest news and events, which could potentially have an effect on their day-to-day trading activities. This month is a big month for the world of Forex trading in that we will be seeing brand new legislation enforced which will no doubt ripple across the activities of all Forex traders participating or looking to participate in the markets over the course of the future... READ MORE

 

A Change of Direction by Sam Evans

For the purpose of this week's article, I have decided to take a slightly different approach to the subject matter. Let me state, in advance, that this article is not directly about the world of the Forex Markets. It also will not explore any aspects of Fundamental or Technical Analysis. If you are looking for a piece on the psychology of trading (which my regular readers know I like to explore as much as I can)... READ MORE

 

Cutting Down Our Choices by Sam Evans

September has been a busy month to say the least. I have had the privilege of touring the United Kingdom and Ireland with my mentor and Online Trading Academy colleague, Sam Seiden, taught Forex and Futures classes, traded my fund and squeezed a few Live Extended Learning Track (XLT) sessions into the mix as well. Trust me, kicking back in October is not going to be a hard adjustment! Now that I have the freedom to do the things I enjoy in life, I find that the busy periods are just as rewarding as the downtime and I am always excited to meet new and veteran students of Online Trading Academy alike... READ MORE

 

A Chart is a Chart by Sam Evans

When it comes down to any kind of trading, be it Technical, Fundamental or a mixture of both, the serious speculator would be lost without charts. To the seasoned professional trader, the price charts tell the story of the markets, highlighting trend, strength, weakness and emotion, all in one simple package. Personally, I regard my charts as pretty much the most important weapon in my trading toolbox and when we learn to read price in a truly objective fashion, we can witness and observe the footprints of the smart money players, to give us clues of where to find the lowest risk, highest reward buy and sell opportunities... READ MORE

 

Different Ways to Trade Forex: Part 2 by Sam Evans

This week I have been on the road with my own mentor and the Online Trading Academy Director of Education, Sam Seiden, for a series of All Star Events throughout the United Kingdom and Ireland. As well as having a good catch up, we have also had the pleasure of meeting a number of Online... READ MORE

 

Different Ways to Trade Forex: Part 1 by Sam Evans

As a part of the developed curriculum for the Online Trading Academy Extended Learning Track (XLT) - Forex program, I have made it a point to introduce the ongoing students to all of the different ways to trade currency. When most of us think about the Forex markets, we typically focus our attention on the area of Spot pairs trading. However, while the Spot arena accounts for the vast majority of all currency trading in the world today, we should also be aware that this is not the only way for traders and investors to take part in this highly liquid and popular market. In fact, there are actually five different ways to trade Forex available: ..READ MORE

 

Dealing With the Squeeze by Sam Evans

In each one of my weekly articles, I hope to share glimpses of my trading experiences with you in an effort to point traders of all skill levels in the right direction for consistency in their speculative activities. Having now written these articles for around a year, I have talked about a wide variety of aspects of the Forex Trading environment, but I must admit that when I first agreed to write these weekly updates, I was a little concerned about running out of material to talk about! My trading is simple in nature and as my career has... READ MORE

 

Welcome to a World Without Absolutes by Sam Evans

It has been another week and another batch of new students for me. I have just stepped back into the classroom again after a six week break to host and teach the 6 day Online Trading Academy Professional Forex Class. As you know, I regularly work in the virtual environment of the Extended Learning Track (XLT) - Forex program where the only contact I have with my students is via the text chat box, and as much I love the XLT teaching, seeing 23 students face-to-face in the live classroom is a welcome and enjoyable change for me from time-to-time... READ MORE

 

The Real Problem with Trend by Sam Evans

This week, while conducting and hosting my ongoing Extended Learning Track (XLT) - Forex sessions, we have been doing our usual business of analyzing the currency markets in real-time, scouting the arena for only the very best low risk and high potential reward setups we could find. Following on from a choppy and indecisive few weeks, things seem to have settled down a little as the market, in general, goes through its own phase or transition, trapped between key levels of support and resistance before the next big move... READ MORE

 

Forex Questions & Answers by Sam Evans

Firstly, I would like to take the time to thank each and every one of you who reads my weekly article. It is your continued support and interest which keeps me coming back for more, week in week out. As I have mentioned before, I receive a large number of emails from my ongoing students and readers alike and answering each one does take its time, with a few slipping through the net on occasion, I must admit! ...READ MORE

 

Defining the Trader's Edge by Sam Evans

Since I started teaching students of Online Trading Academy, I have obviously taken a great interest in the development of their careers and progress along the way. I have taught a variety of individuals, hailing from different backgrounds and each with their very own reasons for taking on the tough challenge of seeking a life as a professional Forex trader. Some are just looking for a secondary or supplementary income, some are just looking for a new interest in life and others want to become completely self-sufficient from a consistent and profitable trading career... READ MORE

 

The Hidden Costs of Forex Trading by Sam Evans

For the purpose of this article, I would like to highlight an aspect of Forex trading which is often the very last thing on the minds of traders: The cost of doing business. As is widely known, if one participates in the Equity or Futures markets, there is always a commission charge for taking a trade... READ MORE

 

A Practical use of Technical Indicators by Sam Evans

After having just spent six days in the Online Trading Academy classroom with a brand new group of Professional Forex Trader students, memories of my own experiences in the class have come flooding back to me. I distinctly remember how I felt when I was learning all about support, resistance and trends and as the pieces of the puzzle slowly started to fit together... READ MORE

 

Time for Some Mental Push-Ups by Sam Evans

Trading discipline is simply a hard skill to master. With dreams of making big money in the fastest possible time, the vast majority of novice and beginner traders typically learn this lesson the hard way. Being disciplined and patient is pretty much the last thing on the rookie trader's mind in the early stages of their career... READ MORE

 

Trade Management: Often Overlooked and Mostly Ignored by Sam Evans

There are many factors that determine the overall success rate for a trader. It is easy to see the vast differences between the novice and professional speculators, but as the beginner starts to make progress, it comes down to the more subtle factors which greatly distinguish the level of their consistency... READ MORE

 

When a Commodity is Really a Commodity by Sam Evans

As we all know, the Forex markets offer a variety of interesting and unique opportunities. While I personally trade a variety of asset classes, including Stock Index Futures and Commodities as well as Forex, my discipline and technical approach to each of these markets remains the same. I look for low risk, high probability opportunities, respecting the governing laws of Supply and Demand at all times... READ MORE

 

Trusting the Trade by Sam Evans

This week Sam focuses on the need to trust your trades by using a couple of recent examples from the price activity on the AUDUSD. He explains that when a good trade presents itself to him on a chart, he needs to take that trade and trust the trade, no matter what else he sees or hears - and how you should do the same... READ MORE

 

Fat Fingers, Hung Parlimets and Greek tradegies by Sam Evans

Sam looks at what happened in the markets on May 6th and how the uncertainty of the events in Greece and England, and the mistake of a trader hitting the wrong order button were astounding... READ MORE

 

A Simple Approach to Candlsticks by Sam Evans

This week Sam explains how candlestick patterns will provide some powerful clues to what is going on in the market, but only if used in conjunction with another reliable strategy...  READ MORE

 

Questions to Ask - Answers to Know by Sam Evans

If you are looking to participate in Forex trading anytime soon, or even if you are an experienced trader seeking a new challenge away from what you are currently involved with, Sam recommends asking yourself a series of questions before doing anything else... READ MORE

 

Trading Forex for a Living: What We Can Really Expect by Sam Evans

Sam explains that if you learn to trade from technical reasons rather than simply for the money, you are most definitely on the right track to making things work in your trading. With a little practice and self discovery, you can get into a routine of sticking to a plan and making successful trades... READ MORE

 

Forex Market Gaps: A Practical Understanding by Sam Evans

While not as regular in the Forex markets, gaps can offer the trader some fantastic trading opportunities when they happen. Sam shares a specific example of this in this week's article... READ MORE

 

Tracking Convergence and Divergence Using the CCI by Sam Evans

Sam discusses using one of his preferred analysis tools, the Commodity Channel Index or CCI, and he begins with defining convergence and divergence... READ MORE

 

It's not What You Know, it's the You You Know by Sam Evans

Sam discusses how using the skills we already possess to the very best of our abilities, and developing the traits we are missing to form a coherent approach to trading will bring us consistency to flawlessly execute each and every trade to the very best of our abilities. No matter what background you come from, you can make trading work for you... READ MORE

 

Back To Basics, Part 3: Entry Techniques by Sam Evans

Sam delivers his last installment of his Back to Basics series and highlights the next piece of the puzzle: Trade Entries... READ MORE

 

A New Era of Forex Trading? by Sam Evans

Sam looks at the recent Commodity Futures Trading Commission (CFTC) proposed plans for US Forex trading and the debate surrounding them. The pros and cons are looked at in this article… READ MORE

I Did It My Way by Sam Evans

The subject of this week's article is concerned with perhaps the most vital ingredient in the recipe for consistently profitable Forex trading: the individual. As well as grasping a deep understanding of market price action, a solid awareness of risk management principles and objective analytical technical skills, every trader across the world today also needs to fully recognize that in the end, when all is said and done, they are the true variable in the distinction between ongoing trading success or financial ruin... READ MORE

 

Back To Basics, Part 2: The Definition of a Stop Loss by Sam Evans

Sam discusses how the stop loss is more than a tool to protect your capital. It is your only true friend in the marketplace… READ MORE

 

The False Security of a Virtual Environment by Sam Evans

Sam explains the advantages and disadvantages of using demo and/or simulated accounts whether or not you are a new or novice trader. There is a danger of feeling safe in a virtual environment... READ MORE

 

Back To Basics, Part 1: Trends by Sam Evans

Sam discusses how we sometimes need to keep things simple in trading. This week he will discuss Trend which is the first of three vital areas of importance you must consider for any market opportunity… READ MORE  

 

Knowing When Enough is Enough by Sam Evans

Sam takes a look this week at the importance of having Discipline in your daily trading. He looks at focusing on the execution of each trade, not the consequences, and to remember when enough is enough… READ MORE  

 

Short, Sweet and to the Point by Sam Evans

Sam shares some statistics with you from one of his ongoing Extended Learning Track (XLT) students to show you the ideal model for consistent, profitable trading… READ MORE  

 

Forex Minds Want to Know by Sam Evans 

Sam answers a few of the recent questions from students. He has discovered that a majority of the questions he receives often cover similar subjects and a wide variety of topics. Everyone can take something from this article… READ MORE 

 

Perception vs Reality, Part 1: Value and Price by Sam Evans 

There are many reasons why the majority of individuals fail to make regular profits from Forex trading, but in the end, it all stems from the simple fact that most people are completely unaware of the differences between perception and reality. This week Sam explores the difference between price and value… READ MORE 

 

Perception vs Reality, Part 2: Consistent Wins or Consistent Profits  by Sam Evans

Sam continues his exploration of the differences between trading perceptions and realities. He discusses the myth regarding the subject of win to loss ratios… READ MORE

 

Perception vs Reality, Part 3: Technical Analysis vs Price Action by Sam Evans

Two weeks ago Sam explored the difference between Value and Price and continued last week with an investigation of being a consistently profitable trader rather than a consistent winner. This week he has his final piece where he illustrates the difference between understanding price and using technicals. They are two completely different things and unless you fully understand these differences, then it is unlikely that your trading career will progress much further… READ MORE