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Mark Mc Donnell is the founder of Forexearlywarning, we provide spot forex trading plans and signals across 28 currency pairs.

Fine Tuning Your Forex Trade Entries

This article and two associated videos are designed to pull together various resources from all over the Forexearlywarning website that discuss trade entries into one place. Our website has lots of guidance on trade entries and we will refer to them in this document and video. Many traders are happy with the Forexearlywarning trading system and making lots of pips now. But some traders using our trading system are still making less pips and missing a few criteria for better trade entries. This article and associated videos should clear everything up, so their pip totals improve. We will strongly suggest that you use the Metatrader profiles to set up your charts by individual currency to have a strong positive impact on your trades. The videos at the bottom of this article will show you exactly how to set up the profiles.

Our trading system works fine for most traders as is, but some people are still unable to maximize their pip gains. One person might make 200-300 pips or more in a week and some might make very few pips at all in the same week. Remember the end user is the biggest variable in our trading system. We are trying to even out the performance of all traders with these videos. We will use JPY weakness as our example trade entry below. But the principles outlined here are exactly the same for all 8 currencies we trade, up to 28 pairs. If the JPY is weakening you might get a push alert on your desktop browser, mobile device, our scanner system, or audible price alert from your trading platform. All of our alert systems are outlined in Lesson 16 of our 35 forex lessons.

Trade Entry Example

After you get the alert on the JPY pairs, the next step is to open up your charts on the Metatrader profiles viewing all of the JPY pairs charts on the smaller time frames, like the M5, M15, or M30. The smaller time frames feed the larger time frames.

If The Forex Heatmap® indicates that the JPY is weakening on all pairs and looks consistent, you have a potential entry point for a buy on any or all of the JPY pairs. You should be able to see all 7 of the JPY pairs on one screen side by side to match the heatmap:

Fine Tuning Forex Trade Entries
Fine Tuning Forex Trade Entries
Fine Tuning Forex Trade Entry
Fine Tuning Forex Trade Entry

This is a view of all of the JPY pairs on the M15 time frame. The reason you set up the Metatrader Profiles on the smaller time frames is so the smaller time frames on your screen match the heatmap configurations for consistency. You can look at all 7 JPY pairs at once on the smaller time frames on one screen. This is a very powerful trading system. On this particular day the JPY pairs had a combined movement of 800-900 pips, in just one trading session and movement cycle. Traders can also set up the charts this way on other charting platforms like web-based forex charting platforms. This is a fantastic way for forex traders to set up their charts to monitor trade entries for 8 currencies and 28 pairs for maximum profitability and visibility. Navigate to the next currency using the hotkeys on your keyboard looking for opportunities.

If a trader decides to buy the EUR/JPY based on the JPY weakness, there are two possible outcomes. Possible Trade Outcome Number 1: The trade stalls and goes nowhere bouncing around, + or minus 10 pips, you must exit the trade within about 30 minutes. See our 30-minute rule in Lesson 29 of our 35 forex lessons. This lesson is titled: Forex Money Management.

Possible Outcome Number 2: This is a more likely outcome since the JPY pairs have so much momentum. The EUR/JPY buy trade continues up into strong positive pips. The trader would then move their stop to breakeven and start to scale out lots (see Lesson 29 again) for various scaling out procedures.

Now Check The Higher Time Frames

You are now in a buy trade on EUR/JPY. Next decision is to check the higher time frames on the EUR pairs and JPY pairs to see the if EUR is strong and/or the JPY is weak to see if you are in a trend trade or shorter-term trade. This only takes a few seconds to check with the Metatrader profiles.

Simply click on the Hotkeys on your keyboard to move the profiles to the EUR and JPY pairs on the D1 time frame. If the all of the EUR or JPY pairs are trending up on the higher time frames, then you can hold the trade and start looking for price targets. Very simple but usually ignored by most traders.

Metatrader Profiles Navigation Hotkeys
Metatrader Profiles Navigation Hotkeys

Ctrl F5 and Shift F5 keys can be used to navigate 7 charts at a time, or use the Metatrader profiles dropdown menu. Review the larger time frames, then a decision can be made to hold any remaining EUR/JPY lots for additional trend-based pips.

Traders who would like to analyze the forex market like a professional can also use the higher time frames to do this. Just fill out our forex market analysis spreadsheet for the 8 major currencies every day on the higher time frames, like the H4, D1 and W1 time frames. The Metatrader profiles will facilitate the analysis. If you do this you will always know what pairs are trending and what currencies are strong, weak, or choppy.

Videos On How To Set Up The Charts

To set up charts by individual currency on any time frame using the Metatrader profiles we have this basic video on how to do this. We also have 2 videos titled “Fine Tuning Your Forex Trade Entries” in our Youtube library. These videos will expand the discussion and show you step by step how to set up the Metatrader profiles, and their importance to your trade entries and individual currency or overall market analysis technique. Become an expert on these chart setups and navigating 7 pairs at a time quick to supercharge your forex trading.

GBP/CHF, EUR/GBP Example Trade Entry

In this article we will show traders an example trade entry for selling the GBP/CHF and buying the EUR/GBP. The live signal system you see below is called The Forex Heatmap®. As you can see the live heatmap signal system is indicating clear GBP weakness on all 7 pairs.

Due to the EUR and CHF being neutral on this trading day, the GBP weakness alone pushed the GBP/CHF down and the EUR/GBP up. Traders were notified of the movement starting with our mobile app, desktop scanner tool and audible/email price alert systems. The heatmap signals are continuous and live throguhout the trading week.

GBP/CHF, EUR/GBP Example Trade Entry

GBP/CHF, EUR/GBP Example Trade Entry

The GBP/CHF dropped and had an intraday movement cycle of about 150 pips. The EUR/GBP moved up about 110 pips intraday. You can easily see the intraday movement of 150 pips on the GBP/CHF below on the M15 time frame using our simple forex trend indicators.

GBP/CHF, EUR/GBP Example Trade Chart

GBP/CHF, EUR/GBP Example Trade Chart

To put both trades into perspective here is a chart of the GBP/CHF on the D1 time frame. Since the GBP/CHF is near the beginning of the new D1 downtrend cycle, it still has an additional 400-500 pips of potential, over and above today’s intraday movement cycle of 150 pips. Similarly, the EUR/GBP is starting a new uptrend in the D1 time frame, and this pair also has  additional upside of 400-500 more pips on the same new D1 trend cycle.

GBP/CHF, EUR/GBP Example Trade D1

GBP/CHF, EUR/GBP Example Trade D1

Not only can pips be made on an intraday basis with these simple indicators, but by entering a trade at the beginning of the D1 time frame trend cycle, additional upside is possible, along with a very strong risk to reward profile. Consistent GBP weakness in real time provides the entry point, and the GBP pairs are quite volatile. Multiple time frame analysis allows the trader flexibility on exiting the trade and provides all the information needed to make the decision to stay in the trade. If you would like to trade this way, using the larger trends and currency strength, check out our complete trading system at This trading system works the same way for 8 currencies and 28 pairs.

Live Trading Capital: Funded Forex Account, Forex Funding

Forex traders can obtain live trading capital and funded trading accounts from third party providers. Hundreds of thousands of traders are receiving funding for their trading account every year from the various capital providers. Any forex trader who has a great trading system and is competent, skilled and profitable, but lacks the funds to trade live should investigate these funding companies.

This article will provide lots of details on what programs are available to get forex account funding. We will also present a low drawdown, profitable trading system to use with the capital and funding providers. Traders can earn strong commissions, like 80% or more, to be paid for their trading skills using these funded accounts.

Companies That Provide Live Trading Capital

Many companies provide live trading capital for forex traders. Here is a partial list:  Alpha Capital Group, Audacity, Blue Guardian Capital, Blufx, Enfoid, E8funding, FTMO, Fundednext, Fidelcrest, FTUK, Kickstarttrading, MyFundedFX, Skilledmarkets, Thefundedtraderprogram, Lux Trading Firm, the5ers, Theproptrading, and Toptiertrader. We also found a handful of forex brokers who have capital referral programs. We present this list as our “partially vetted” list of capital providers. The industry is dynamic but some companies have been around more than 5 years. The industry is dynamic and there might be as many as 50 firms by 2024, it is hard to keep track.

There are also private entities and individuals on places like Linkedin that advertise funding available for forex traders. Some of these capital providers have been in business for several years. You can supplement this list with some Google searches for “forex funding” or “funded forex account”, or “forex prop trading”.

How Much Money Is Available For My Funded Forex Account

Traders who qualify are eligible to receive up to $10,000,000 or more USD in buying power, including leverage, from many of the available capital provider programs. Example, a funding company might offer a trader a $5,000 account with 100:1 leverage, which is $500,000 USD in buying power. Some companies will fund traders in Euros or some other currency other than US Dollars. Be sure to ask what leverage is being used from the providers.

If you start with a small amount of capital, you can easily qualify for much more funding quickly just by increasing your account balance by a small amount, like 10%. Each forex funding provider has their own guidelines for starting balances, leverage and qualifying for more money.

Tip >> if you want more funding for your forex trading account, then open two accounts with two different capital providers. Some traders claim to have 5-6 accounts open at once. So the capital is essentially, unlimited.

Fees For Obtaining Forex Funding

If you are seeking funding for your forex trading account, check the fee structure. Some forex funding and capital providers do not charge any fee at all, but the profit split percentages for the trader are much lower like 50/50. Some funding providers charge one time up front fees or monthly fees. In some cases the fees are 100% refundable out of the trading profits. This is a wide range of possibilities. We consider most of the fees to be reasonable, since the funding providers are covering any trading losses for the end user.

When evaluating a forex funding provider, we would question each provider if the trading platform they provide has institutional spreads or direct access spreads. Inquire if the brokerage platform they provide is also a profit center for their introducing broker operation. Most funding providers likely also make money off of each trade as an introducing broker. Don’t pay for high spreads on top of the fees they charge. Also ask if the underlying broker guarantees the stops or get their stop order policies in writing, some of the capital providers can be very vague with this request.

How Do I Get A Funded Forex Trading Account

Each capital and funding provider has a qualification program to obtain funding. The rules vary quite a bit and some funding companies have “instant funding” programs. Each qualification program has a demonstration or qualification period to obtain the funding. It can be a one or two step process. During the qualification period you must abide by the capital provider’s rules like profit targets, position size, daily and weekly total loss or drawdown limits, maximum number of positions open and position size, etc. Each capital and funding provider has their rules and guidelines are they in writing, so read them carefully. If you break the rules you might be liable for paying more fees to restart the process to get more funding. The demonstration period can vary from one month to several months to hit the profit targets. All of the providers we found cover all trading losses up to the specified loss limits. Don’t be intimidated by the funding qualification process, under some programs you can qualify for funding in as little as one day with just 2 or 3 positive trades. Some funding programs pay you a small amount like15% of profit, during the qualification process.

Important Tip >> You can access much more capital quickly. Some capital providers will increase the amount of capital they make available to a trader for trading profitably. Some capital providers will double the amount of capital you can access for increasing your account balance by only 10%, which is a modest amount of profit. For example, if you get a $5,000 funded trading account (100:1 leverage $500,000) and you increase the account to $5,500 with positive trades, capital providers will double the capital to $1,000,000 from $500,000.

We view this as quite generous, since this can be done with just one swing trade on the H4 time frame or larger time frame. One of the latest trends that the capital providers are using is “instant funding” with almost no qualifying, however the profit split is usually lower like 50/50 or 60/40.

More Criteria For Selecting A Live Trading Capital And Funding Provider

Here are some more criteria for helping to select the best funded forex trading program. Profit splits range from 50/50 to 80/20, with the traders keeping 80%. 50% seems pretty low for a profit split, in our opinion. Profits can be withdrawn via bank wire and in some cases, Paypal, Deel, etc. Transfer fees may apply to small withdrawals. Withdrawals are usually available at the end of the month or bi-weekly. Some have immediate/instant withdrawal.

All of the forex capital providers have drawdown limits. The drawdown is usually measured as the amount of loss of capital from the previous and most recent high balance. Drawdown limits can be weekly or monthly, and range from between 5% and 10% of the high balance, which is a very wide variation. Continue reading this article and we can show you a trading system that can be used that has very little drawdown on each trade entry.

When selecting a live trading capital provider make sure they show you a list of the available pairs that you can trade with their brokerage platform. We recommend checking their offerings against the 28 most actively traded pairs, which are combinations of the 8 most frequently traded currencies. The USD, CAD, EUR, CHF, GBP, JPY, AUD and NZD are the 8 most frequently traded currencies.

Some capital providers only allow trading on 22 or 24 of these pairs, some providers allow the full 28 pairs. Some providers offer a choice of a lot of pairs to trade, but these pairs are outside the 8 most frequently traded currencies. These spreads on these pairs are very high and should not be traded inside of these programs.

Traders should inquire as to what trading platform is offered by the capital provider that you are evaluating. If all of your trading experience is on Metatrader 4, but the capital provider may not offer that platform. If you are seeking their capital might have to download the platform they offer for executing trades and managing the account, so make sure you ask this important question. Being experienced using a new platform is very important before applying for funding. Any new platform should be demo traded so you are familiar with the features and functionality. In 2024 many capital providers have migrated away from MT4.

Some capital providers offer expensive training programs, costing thousands of dollars up front, before you can qualify for capital. We would avoid these capital providers all together. Forexearlywarning can provide a complete training program, our 35 illustrated forex lessons, to teach you everything you need to know about our complete, profitable trading system.

Most of the forex capital providers we reviewed were offering 100:1 leverage. If you are used to trading at 50:1 or some other leverage rate, remember to keep this in mind as it will affect your margin balances on each trade.

We advide selecting a capital and funding provider with no time limit on the number of trades placed and payout denial statistics. If you make a large profit sometimes illegitimate firms will not pay out the profit share amount and they hide behind vague language terms and conditions clauses. There are now “prop firm” evaluation companies that track payouts and payout denials. They have excellent websites that track the good and the bad.Some capital providers do not let you hold trades over the weekend, or even overnight. As long as their stops are guaranteed, the capital providers need to fix this. It makes it impossible to use a forex trading style like swing trading on the H4 time frame, which is where the pips are at. This restriction also prevents any trend-based trading on the higher time frames. Avoid forex funding providers with these types of restrictions that basically force you to day trade. Some capital providers offer a free trial, which is excellent.

Live Trading Capital: Funded Forex Account, Forex Funding

Live Trading Capital: Funded Forex Account, Forex Funding

Finding Out More Information and Ratings For Funding Providers

Many funding providers have a social media presence where you can fairly easily monitor the “chatter” from clients using their funding services. We counted 9 different funding providers with over 1000 facebook followers and 15 different funding providers with twitter feeds.  We see some value in reviewing these social media feeds as part of the vetting process.

Many of the funding providers have ratings on websites like Trustpilot. Other websites like are completely dedicated to reviewing funding companies, great resource !

Ask Lots Of Questions !

Use the information below to ask questions of any funding provider.

Basic Questions:  What are your fees? Monthly fees, one-time fee, refundable fees? Maximum daily drawdown, maximum total drawdown, payout %, MT4 platform, leverage, profit % target, time period to get profit target. What is your stop order policy, do you guarantee stop executions (get written policy). Other Questions: How long have you been in business or when did you commence business operations? How many traders have you funded? Do you post quarterly or annual statistics about how much you pay out annually or quarterly? If so, please forward most recent statement. Can you send me links to your Facebook and Twitter pages, are you on Trustpilot? Do your traders trade out of a demo account or actual live funded accounts? There are a lot of funding companies in the space, what makes you unique? What leverage do you offer? Do you have the Metatrader (MT4) platform and charting system available?  Be careful with companies that want payment via cryptocurrency and have no Trustpilot or social media pages, possible scam?

What is the End Game?

Why would someone obtain trading capital from a third party? Where do you want to be at the end of the journey? Our take: Your goal should be to trade successfully and split the profit with the funding provider. Take some withdrawals and build your own fund to open your own self-funded forex brokerage account for self-trading. Then close the funding account. You can always open another one later. An exception would be if you are getting a 90/10 split and have access to millions of dollars in capital and are happy with everything. You would only stay with a capital provider for the long term if the terms and conditions were exceptional. Otherwise open your own trading account and fund it yourself with capital provider withdrawals. Before starting the process make sure you understand your goals.

Trader Profile For Live Trading Capital And Forex Funding

If you are a forex trader, and would like to have access to third party live trading capital, here are some characteristics we think you should have: Ideally, you should have a trading system that you like a lot, and is effective at making pips. Second of all you should have already set up a demo account and be demo trading the system you like, with at least some level success. With those two criteria in place you should start reviewing the funded forex account providers and look for a provider that fits your needs. If you are a rookie forex trader with little experience, you should avoid all live trading capital provider programs, you are not ready yet.

As far as trading systems we believe you should have a rules based trading system, like the Forexearlywarning trading system. If you can consistently make positive pips when you use it, week after week, you should be ready to apply for funding.

Regardless of the trading system you select, you must like your trading system and understand it well via demo trading or possibly micro lot trading. You must be skilled at entering trades and managing trades with stops and scaling out lots. Forexearlywarning offer thorough market analysis, more exact trade entry points across 28 pairs, and very little drawdown on trade entries. The low drawdown will comply with most capital and funding programs.

Trading System To Use With Your Funded Forex Trading Account

If you are a trader who is seeking capital, and you need a profitable trading system with a low drawdown, we invite traders to check out the Forexearlywarning trading system. You can demo trade our trading system and get consistent trades prior to applying for forex funding.

Forexearlywarning provides daily trading plans for 28 pairs, and we focus on the higher time frames and trends, H4 and larger. The higher time frames will get you more pips and profits than scalping the same pairs over and over with technical indicators. Forexearlywarning also has professional alert systems and an excellent trade entry management system, The Forex Heatmap ® forex heatmap. The heatmap will assist with low drawdown trade entry points that satisfy most of the capital providers rules and guidelines.

An example trade signal for the GBP pairs on the heatmap is shown below, consistent, clear signals like this for trading are powerful and traders will have very little drawdown on trade entries, as to fully comply with the drawdown rules from most capital providers. Also, the GBP pairs are volatile and the total movement cycle was about 125 pips on the trade below. Strong results for any forex trader. This system works for the GBP pairs and a total of 28 pairs.

Live Trading Capital, Funded Forex Account

Live Trading Capital, Funded Forex Account

Funded Forex Account, Forex Funding

Funded Forex Account, Forex Funding

By offering 28 pairs, the Forexearlywarning trading system matches or exceeds the most actively traded and most liquid pairs in most capital provider programs. The heatmap system will provide traders with much lower drawdown on trade entry points so almost any capital program can be used.  With the Forexearlywarning trading system, you can easily make 10% on your account balance on one swing trade based on the H4 time frame. This will qualify you for more capital on some of the funded forex account.

Other advantages of using the Forexearlywarning trading system are that is can be easily demo traded. You must understand and like your trading system and enjoy using it before you apply for any third party funded account.

Conclusions about live trading capital programs: A large amount of capital is available to forex traders to fund their live accounts, and we predict that even more capital providers will be available going forward. The industry is growing. Any program that offers a fully funded forex trading account, that also covers your trading losses sound like a great offer.

Traders who have no capital or just a small amount of capital, who are skilled at making positive trades, should evaluate these funded forex account providers. Traders should remember that the trading rules vary between providers, so read each capital providers’ rules carefully, get everything in writing, like the fee structure and drawdown limits.

Finally, make sure you have a trading system that you believe in that is effective at making pips. We have a logical trading system at Forexearlywarning.  With a trading system like Forexearlywarning plus third party funding, a forex trading business is possible for very little cost to the end user/trader.

Forex Mobile App On Telegram

Our forex mobile app and push alert system is on the Telegram App.  This unique forex mobile app will send traders an immediate push notification to all of their devices when the forex market starts a new, consistent movement across any of the 8 currencies we follow. This includes the USD, CAD, EUR, GBP, CHF, JPY, AUD and NZD. A total of 28 pairs.

How Do I Get The Telegram Push Alerts?

Download the Telegram App to all of your devices. Email us at the admin@ email address. We will send you the link to enable all of your devices for the push alerts.

Telegram Devices

Telegram Devices

The push alerts can be sent to any desktop or mobile device or operating system listed above like iOS, Android, Linux and all web browsers.

How Does The App Work?

The app scans the market every 5 minutes for consistent momentum building on the top 8, most liquid currencies on the forex market. When the reading are consistent on one currency, the push alert notifications are sent. It is the only app of its kind available to forex traders. Having an alert system that is based on market momentum puts you on the right side of the trade every time.

What Do The Push Alerts Look Like?

All push alerts that are sent have a local date and time stamp based on your device and location. Most desktop and mobile devices will have a popup window notification that can be enabled or disabled inside of the Telegram account or in your phone/device settings menu. They are completely customizable and there is a range of options for audio notifications.

Telegram Push Alerts

Telegram Push Alerts Screen Output

Notifications are real time. These include popup windows on your devices, red badge alerts and audio alerts, if enabled on your device. When a push alert is delivered the red badge will light up with a number inside of the badge, plus any audio you have set up for the device.

Telegram Popup Alert

Telegram Popup Alert

Telegram Red Badge Visual Notifier

Telegram Red Badge Visual Notifier

Forex traders can now be notified on any device during almost any trading situation when strong, consistent movements are starting in the forex market across 8 currencies. Push alerts are sent for all possible situations, like price breakouts, news calendar related movements, unexpected news or world events, reversals, trend based trades, intraday day trades, trending pairs and non trending pairs and swing trade entry points. You be notified via push alert in all situations, many times before news is disseminated.

App Download And Set Up Instructions

To get our push alerts first setup an account at Telegram. Then install Telegram on all of the devices and operating systems you want the alerts sent to. Then email Forexearlywarning at the admin@ email box and we will send you an activation link for all of your devices. The Telegram channel is called the “Forexearlywarning Market Scanner” channel. Once Telegram is installed, the app will be a blue icon on your devices as shown in the image above.

You can “preview” our Telegram channel here >>>: Forexearlywarning Market Scanner

App User Functionality and Tips

App users can compare the push alert notifications they receive to our desktop forex market scanner to make sure the app is functioning correctly. Expect about 20-25 push alerts per week.  On all devices, additional customization is possible. Tap on the “settings” icon or “settings” menu in your phone or device and also inside the Telegram app. End users of the app can adjust the general settings on their phone so the app can be turned on or off. Also, when you get a push alert, set your phone to vibrate and/or ring. On most phones you can go into the “settings” menu again to customize the type of audio, ringtones, and/or vibration you get with each push alert. Audio can be also distributed to a remote speaker if app users enable the blue tooth feature. Consult the documentation for your phone to see what options are available.

What To Do When You Get A Push Alert

Our forex mobile app will alert traders when to check the market conditions. When you get a push alert, check the market conditions to see if the conditions are right for a trade.  Check the signals from The Forex Heatmap® , the trends on the higher time frames, and support and resistance levels, depending on the direction of the trade. Our trading plans will also be of great help in considering any trade, because you will know what pairs are in identified to be in clear trends.

Example: Look at the push alerts on your Telegram App screen. If the app send a push alert that indicates CHF (Swiss Franc) weakness,  as a trader you know that pairs like the CHF/JPY might be dropping or the EUR/CHF and USD/CHF might be rising. Also, since the NZD strength push alert was also sent, the NZD/CHF might be moving up strong and also be a buy candidate. Then check the heatmap signals and market trends on these pairs to verify your trade entry. You would use the same procedure for all 8 currencies and 28 pairs we follow.

Forex Mobile App CHF Weakness

Forex Mobile App CHF Weakness

Forex Mobile App NZD/CHF Price Movement

Forex Mobile App NZD/CHF Price Movement

A Unique Forex Mobile App

When searching the web for a unique forex mobile app, traders find that almost all of the apps they see are built by brokers. So the app features might include a quote screen, some basic charts, and a buy and sell button for trade execution. This is fine, but if you don’t know what pair to trade and in which direction you will wind up with a losing trade. Executing trades from a mobile app is worthless unless you know what pair to trade and in which direction. Our app is the best forex mobile app for traders because it directs traders where to look for pairs that are starting new and consistent movements. Our forex mobile app will be widely recognized as one of the top apps available to forex traders to notify then of consistent market movements and volatility.

Other Alert Systems: All of our professional alert systems like news calendar alerts, audible price alerts, email price alerts, etc. are listed in Lesson 16 of our 35 forex lessons.  Always know when the forex market is moving !

Information About Telegram: Telegram Messenger is a globally accessible freemium, cloud-based and centralized instant messaging service. It works on multiple platforms like Android, iOS, Windows, macOS, Linux, and Web. Telegram has 800 Million Active users.

Forex Scanner, Real Time Screening Signals For 8 Currencies

Forexearlywarning has a real time forex scanner that scans the market and signals from The Forex Heatmap® every 5 minutes for new, consistent movements. The scanner works continuously at 5 minute intervals during all forex market hours. The scanner uses currency strength to screen 8 currencies, 28 pairs, for new and consistent movement cycles. When a new currency movement is detected in the market, the scanner gives the end user a flashing desktop notification in your web browser. The alert system can be installed on any tablet or cellphone via browser tab.

The scanner provides flashing visual alerts on your desktop and web browser. When the scanner alerts start flashing on your desktop, you can check the market condition and decide if a buy or sell trade is warranted for any one of up to 28 pairs. This built-in flashing desktop alert system is visible in your web browser, see the examples below.  Use of the real time scanner will result in currency traders being able to catch new movements backed by consistent currency strength or weakness across multiple pairs. This forex scanner system requires no programming and is ready use after you login to our website.

Forex Scanner

Forex Scanner

Here is what the forex scanner tool looks like. This software app has a simple display and user interface, and price movement creates the scanner signals. When the scanner finds a new, consistent movement starting across one currency, it produces a flashing desktop browser tab notification like the image shown below. The browser tab notifications are a flashing red dot signal when new, consistent currency strength or weakness is found. Each scanner signal is documented with a time and date stamp.

Forex Scanner Notifications

Forex Scanner Browser Tab Notification

Example Use of The Forex Scanner

If the scanner sends an alert that the AUD weakness is coming into the market and sends a flashing alert, traders should check the Australian Dollar (AUD) pairs when the alert hits. If the AUD pairs have consistent weakness after that, pairs like the AUD/CHF will drop and the EUR/AUD will rise. Both pairs moved on the AUD weakness basis with similar chart characteristics. Several AUD pairs including selling the AUD/JPY was possible in one trading session off of one or two scanner alerts.

Forex Scanner AUD Weakness

Forex Scanner AUD Weakness

Forex Scanner EUR/AUD Chart

Forex Scanner EUR/AUD Chart

When the scanner first detected the AUD weakness  movement starting, the percentages on The Forex Heatmap® were low at 0.20%, but consistent, at the beginning of the movement. Then the AUD weakness  continued through both forex trading sessions, including the Asian trading session and the main trading session. These are the best times to trade the forex market. The movement was finally exahusted after the main session.

This type of movement of well over 100 pips on the EUR/AUD allows traders to enter the trade, set stops to break even, and scale out any profitable lots. Traders can then continue to monitor the trade for more upside if they are trading in the direction of the major trends on the H4 time frame or larger. The AUD/JPY and AUD/CHF both had strong movements as well in the same time horizon after the scanner alerts hit. Overall price movement was in the hundreds of pips for the AUD pairs.

This chart setup is some very simple exponential moving averages for the EUR/AUD pair. But you can also set up your charts to view all 7 AUD pairs on one screen using the metatrader profiles. You can migrate from currency to currency 7 pairs at a time using the hotkeys on your keyboard and find lots more pips faster with our heatmap and professional alert systems like our market scanner system push alerts to your cell phone. Professional trading system!

Why Would A Trader Use A Forex Scanner

Most forex traders are pretty lost. They trade the same pairs over and over, scalping on the smaller time frames with technical indicators. If a trader could have a tool like a forex scanner to scan 8 different currencies and  28 currency pairs and point them to the best opportunities in the market with timely real-time notifications, the success rate would rise and pip totals would increase. They would be able to use this scanner tool daily and have a chance to make substantially more pips.

We have seen several forex market scanners or market analyzers, and we believe that this is the best forex scanner available. This is because this scanner is based on parallel and inverse analysis and currency strength trading principles, which are proven, tried and true. Forex traders now know this, and they also know that technical indicators are ineffective and time wasters. Our forex scanner software is built in to our website and runs all of the time during forex market hours. The Forex Heatmap® live currency strength meter also has fully redundant backup systems. There is absolutely no programming needed by the end user.

Our forex scanner tool works for 8 currencies, 28 pairs total.  It scans the USD, CAD, EUR, CHF, GBP, JPY, AUD and NZD pairs for new movements. These are the 8 most actively traded and most liquid currencies.

Scanner Alerts Delivered To Your Phone

If you would like these forex market scanner alerts delivered to your phone you can download our mobile app. The mobile app will send you the same currency strength alerts with audible and vibrating phone notification features.

Besides a Forex Scanner, What Other Tools Do Traders Need

Along with a real time forex scanner, traders need a simple set of trend indicators so they can know the direction of the major trends on the pair they are considering trading. See the images of our trend indicators above. Traders also need one or more alert systems to complete their trading system. We offer several professional alert systems as part of the Forexearlywarning trading system, along with the forex market scanner.

If you are a forex trader and are looking for a real time forex market scanner that points you towards new movements in the market, the scanner/heatmap combination is a proven winner for finding good quality trades. Precision trading and real time scanning of the forex market is now possible. Check out our forex market scanner tool and all of our great trading tools on the Forexearlywarning website.

Forex Audio Book, MP3 Library

Here is our free forex audio book and training library for all forex traders and our clients to listen to online on their computer or mobile device or download for free. This audio book is in MP3 format. We have two audio books, the first book is the audio book version of our beginners course, this is 13 audios.

The next group of audios is our 35 forex lessons. Reviewing these audios has been known to improve the learning curve and make it easier for traders to understand our daily trading plans, live trading signals, money management, and all of the details related to our complete trading system. These MP3s are like an audio book that is read back to you in unabridged CD quality 128 kbps

Forex Audio Book, MP3 Library
Forex Audio Book, MP3 Library

We have illustrated articles to accompany each audio, click on these links to see the forex trading course for beginners and our forex lessons illustrated articles. Beacuse our illustrated articles are such high quality, we feel like this is the best forex trading audio book available.

Traders can follow along and view the written text and images while listening to the audio. The content of the beginners course and lessons is the same as the written articles, our online videos, and audios, but the audio library is presented for traders who prefer the audio format. Listeners can click on the 3 Dot menu on each audio to download to your computer.

Beginners Course Audios

Can I Become A Forex Trader?
Forex Market Trading Online
Forex Trading Systems, Strategy Comparisons
Forex Charting Systems And Indicators
Forex Demo Account, Practice Risk Free
Forex Risk Management Strategies
Forex Broker Selection
Currency Exchange Transactions
Retail Forex Trading Industry
Forex Trading Business Plan
Forex Trading System That Works
How To Get Funding For Your Forex Trading Account

35 Lessons Audios

Lesson 1 – Retail Forex Trading
Lesson 2 – Forex Training For Trend Traders and Day Traders
Lesson 3 – Forex Broker Selection, List of Criteria
Lesson 4 -Range Trading Strategy For 28 Forex Pairs
Lesson 5 – Forex News, Part of a Complete Trading System
Lesson 6 – What Is Forexearlywarning?
Lesson 7 – Forex Tips And Strategies

Lesson 8 – Forex Analysis With Parallel and Inverse Pairs
Lesson 9 – Forex Reversals, How To Spot And Trade
Lesson 10 – Forex Support and Resistance and Price Alerts
Lesson 11 – Multiple Time Frame analysis
Lesson 12 – Forex Trend Indicators
Lesson 13 – Forex Major Pairs, Currency Pair Characteristics
Lesson 14 – Forex Session Times, Best Times To Trade The Forex
Lesson 15 – Forex Heat Map®, How To Use For Trade Entries
Lesson 16 – Forex Alert Systems, Monitoring The Market
Lesson 17 – Instructions For Using The Trading Plans
Lesson 18 – Foreign Currency Transactions
Lesson 19 – Forex Chart Patterns
Lesson 20 – Understanding Currency Correlations
Lesson 21 – Forex Trading Styles, Scalping, Intraday, Swing, Position
Lesson 22 – Supplemental Forex Trades
Lesson 23 – Choppy Forex Market, How to trade
Lesson 24 – The Domino Effect
Lesson 25 – Rules Based Forex Trading For Accurate Entries
Lesson 26 – Forex Trading Journal, How To Create
Lesson 27 – Exotic Currency Pairs
Lesson 28 – Forex Trade Entry Points
Lesson 29 – Forex Money Management
Lesson 30 – Forex Profits, Maximizing By Scaling Out Lots
Lesson 31 – Forex Fundamental Analysis
Lesson 32 – Forex Trading Plan Preparation, A Complete Guide.
Lesson 33 – Forex Trade Setups
Lesson 34 – Forex IRA, Tax Deferred or Tax Free Roth
Lesson 35. Currency Options Basics
Lesson 35. Currency Options Basics

Forex Trading Seminar — Can I Become A Forex Trader?

Forexearlywarning will conduct a 1 hour online forex seminar and training on Tuesday, November 19th, starting at noon CST. The seminar will be conducted in our webinar room that we use every Monday and Wednesday. This is a free webinar. All forex traders are welcome to attend.

What Will I Learn In This Seminar:

In this webinar, attendees will learn what it takes to become a consistently profitable forex trader, drawing on 14 years of working with part time and full time traders.  There are many factors that hold traders back from being successful, we will look at these factors and offer advice and solutions to these issues traders face.

We will explore a logical, user friendly forex trading system that works. We will discuss analyzing individual currencies instead of relying on technical indicators, We will discuss how to keep you costs very low for your forex trading business, what are the personality traits of traders are that contribute to success, and all of the free resources for traders offered by Forexearlywarning. The presentation will be interactive and live questions will be accepted in the webinar room chat area. Beginner level forex trading questions are also welcome.

No Registration Is Required

To attend our forex webinar sessions click on our forex webinar room access link and the webinar room screen comes up and loads automatically. You can also bookmark this link for web access to the room. If you get the message “waiting for presenter” the meeting has not started yet. The webinar room room should be open and ready for attendees 10 minutes ahead of the webinar. Enter your name and click on the green “Join” button

Seminar Facility

Our online seminar facility for the presentation is provided by This is a full featured facility with clear streaming video,  audio and screen sharing. It will be an audio and visual presentation, with interaction via the chat box. The chat box for attendees is the green button on top of the screen for asking questions and interaction with the presenters.

Prepare For The Seminar

Before the seminar make sure your audio and video functions are working on your computer. The seminar will be recorded in case you are having some issues or are unable to attend.

Your Webinar Host: Mark McDonnell,

Mark McDonnell is the owner of Forexearlywarning provides trend based trading plans, alert systems and live signals for 8 currencies and 28 pairs. Mark has an engineering background, but has worked in the financial industry for over 20 years. This includes stock trading, options trading, licensed broker and currency trader. He has designed various trader tools like The Forex Heatmap®, and his approach to forex trading is influencing and changing the forex industry.

Message from Mark: I am looking forward to explaining how to trade the forex market logically, using individual currencies, that everyone can understand.

The Forex Heatmap® Live Signaling System

GBP Strength

GBP Strength on 9-9-2019

GBP/JPY Trend Reversal

A GBP/JPY trend reversal may be underway on the D1 time frame. Look for a buy signal on this pair in the main session starting tomorrow morning. You can watch The Forex Heatmap® to confirm any buys and also the live heatmap alert system. Current pricing is in the 132.00 area, overall pip potential is up to the 138.00 resistance area, noted on the chart. This is a ranging currency pair, and the chart looks like a forex reversal pattern and double bottom change of direction off of heavy support on  one of the larger time frame. If you see consistent GBP strength or JPY weakness on the heatmap, this would be your confirmation to buy this pair

GBP/JPY Trend Reversal

GBP/JPY Trend Reversal

Forexearlywarning, Introduction To Our Complete Trading System

This video will introduce forex traders to the complete trading system from Forexearlywarning, along with an overview of the major system components. What is Forexearlywarning and what do we provide to forex traders, alert systems, trend indicators setup, procedures for entering trades, what does a good forex trade entry look like, how to manage trades, how to get help and support, obtaining trading capital. This video will explain how we prepare our daily trading plans for 28 pairs, what trend indicators we use, and show you where the resources are on how we enter trades. We will review all of our professional forex alert systems and signal systems, like The Forex Heatmap®. We will also explain our techniques for how we manage money and profits, and how to find information on our website. Forexearlywarning provides ongoing support to clients with our weekly forex webinars, along with email, phone and Skype support. The video will reference the Forexearlywarning website to answer these questions and to provide you with a guided tour.

AUD/USD Sell Signal

Today in forex trading the AUD/USD had a sell signal on our live indicators and this pair sold off. The sell signal from The Forex Heatmap® is shown below. This pair is approaching support at the 0.7650  area, we would scale out lots or exit any short term sells on this pair as the AUD/USD continues down to this price.

AUDUSD Sell Signal

AUDUSD Sell Signal

When the AUD/USD has strong sell signal it is always because one currency is weak and the other currency is strong. Today the AUD was mostly weak and the USD was mostly strong. This is why The Forex Heatmap® is so valuable. It works for short term buy or sell trades like today, but it also works when entering trends going up or down on the larger time frames, like the H4 and larger. The heatmap is probably the most effective tool that forex traders can have access to for trade entry management.

AUDUSD Sell Signal Chart Price Movement

AUDUSD Sell Signal Chart Price Movement

In the case of trading with the trend, traders can hold onto their position and continue to profit by riding the trend. But on this particular trade we would exit as it approaches the strong upport level, so this would be more of an intraday trade or daytrade. Since the AUD/USD is not trending right now, just cycling between support and resistance, we recommend good  risk management and scaling out lots. Any forex trader can trade profitably using these principles and tools, parallel and inverse analysis and currency strength are vital to the success of your forex trading program.