Forex Trading Systems
Learn to Trade Three Forex Trading Systems with an Edge!
Have you seen the headlines about currency rate fluctuations?
Does trading Forex seem different enough from your current market that you've stayed away from it?
Join us for this three-day workshop and leave prepared to trade the system right away!
Over the coming years, Van Tharp foresees excellent trading opportunities in the currency market because of several big-picture forces. Primarily, central banks will continue their attempts to influence the relative value of their currencies against other currencies. Combine that with the imbalances caused by trade and debt levels, and we have a currency market that promises to remain lively for some time to come.
Add to this attractive volatility one important, very practical and positive point for individuals: Forex has evolved into a market in which individual investors can trade efficiently. That wasn't always the case. It used to make little sense for individual traders to trade currencies because you had to have a significant amount of capital to open a Forex trading account, which was only available at big money-center banks. The expansion of the Forex market over the last decade, however, has made the Forex market very accessible with low transaction costs and easy to navigate for individuals. This large group of retail traders has complemented the ever-existent institutional trading to create an even larger and more liquid market for currency exchange. Think about complementing your stock, ETF or options trading/investing with Forex - an asset class of its own.
Van Tharp Institute clients have been requesting a Forex trading workshop consistently for the last few years. Now we're proud to present a three-day workshop that will show you what it takes to trade Forex and send you home with three trading systems—and even a good amount of hands-on trading experience through simulation. Plus two days of add-on live trading if you choose!
Your presenter, Gabriel Grammatidis, is specialized in designing trading systems based on chart analysis for the Forex market. He has worked very closely with Van Tharp over a good number of years. Gabriel now wants to reveal some of his best trading systems with you. He has a passion for teaching people and seeing them grow in many aspects of their lives.
Gabriel has a varied and fascinating background. Since his adolescence, he enjoyed investing in options, stocks, and ETFs. His passion for the capital markets led him, after his degree in business administration, to seek a job in the Asset Management industry. He has been working for PIMCO and a top 5 global investment manager for over ten years. Gabriel decided to pursue his passion for the capital markets by enrolling in Dr. Tharp’s Super Trader program from which he graduated in 2010. In the program, he had to unlearn most of what he’d been taught and adopt new ways of thinking that would allow him to see the world with a different perspective.
Born in Switzerland of Greek and German parents, Gabriel has always felt a natural attraction to the international nature of the currency markets. Growing up in Germany, he’s worked and traveled extensively outside the Eurozone. The 24-hour Forex spot (cash) market allows him to apply his systems to various timeframes (from very short-term to Weekly charts) at any time of the day that best fits his lifestyle.
The Theory: All You Need to Know About Forex
Gabriel will spend most of the workshop teaching his trend-following systems.
The first half day is spent to go over the specifics of trading the Forex market and cover such topics as:
- Why trade Forex?
- What are the advantages and drawbacks of trading Forex versus other instruments?
- What are the main market characteristics, and who are the Forex market participants?
- What methods work best in the Forex market?
- All you need to know about Forex trading sessions and the currency pairs.
- How are Forex chart characteristics different than stocks or futures?
- What do you look for in a Forex broker? What do you avoid?
- Why Forex may actually be the best market for new traders to learn trading.
- What are the trading edges that work in Forex?
Gabriel will discuss a number of Forex trading ideas at his workshop and teach three specific trading systems. All three are trend-based; you can see the price action patterns in the price charts. His systems can be traded in various timeframes and can be traded across a wide range of currency pairs. Attendees of Gabriel’s workshops enjoy swing trading the systems using primarily 5-min,15-min, 60-min and Daily candle charts. The trades usually tend to evolve over a timeframe of anywhere from several hours to a couple of days (or even weeks, in the case of strong trends).
All three systems are based on the concept of trend-following. Each system is based on similar “ingredients,” but each has a different recipe to capture a different part of the trend. Consequently, the systems are complementary to each other and together offer several trading setups nearly every day of the year.
Gabriel’s first system, which he developed while in the Super Trader program, is his most mechanical system. It has a high win rate and takes advantage of a common trend occurrence—breakout failures. Watching 15-minute charts and trading only the most liquid currency pairs, the system finds easily more than 100 trades per year. Having a strict rule-set, Gabriel is confident that someone with the programming skills could turn it into a well-performing automated trading system.
His second system is based on price breakouts, which are very easy to spot on the charts. This system requires a bit more experience to trade profitably than his first system. It has a lower win rate of around 50%, but generates more trade setups, resulting in similar system performance results.
Gabriel's third system requires more "hands-on" attention. It uses tight stops, so it has the lowest win rate of his three systems. However, because it provides about 200 trades per year (just on the big currency pairs), it is the most profitable and prolific system for traders with some experience and discretion.
With System Quality Number™ scores of between 3.7 to over 4.7, all of Gabriel’s systems rank in the "Excellent" category in Van’s trading system classification! You can use position sizing™ strategies to achieve your trading objectives more easily with systems that have a high SQN score. When you get back home, you can adapt the systems to different currency pairs, shorter time frames, longer time frames, or even to different markets! These systems do not only work in Forex but as well on Commodities, Equity indices and less liquid Forex pairs with similarly strong results. Due to the fractal nature of markets, the systems work equally well on timeframes as short as a 20-tick chart and as long as end-of-week prices. You have plenty of flexibility to adapt the systems, so they fit you.
Here's what one attendee wrote about his experience trading the systems at home:
"Firstly Gabriel's systems are quite a remarkable edge, and the expectancy is much higher than claimed. Taking out trader inefficiency, after the second month, I have been able to replicate Gabriel's own results in terms of win rate, expectancy, and SQN. This is the sort of super performance I always dreamed of.
I have a feeling of "my search is over" with regard to looking for new systems and trading ideas, and I have a framework for monitoring my own performance in spiritual/emotional as well as mechanical terms. I no longer have time to waste, I have a very clear idea of what needs to be done to improve my trading, and I am motivated to achieve my goals.
I am a dramatically improved trader right now, and I have Gabriel to thank for it. I consider myself an accomplished system builder, and there is no way I could ever come up with a system as well thought out as Gabriel's. It is a testament to the super trader process, which I follow faithfully.
Gabriel has been extremely helpful after the seminar also, critiquing my trades, and I am extremely grateful to have met him."
— Scott P., Trader from Australia
Practice the Rules for Each System in the Workshop:
Have you ever attended a trading workshop that taught a lot of methodology and a bunch of rules, only to find that you had trouble trading it when you got back home because you had so little experience with it? Gabriel had that experience and wanted to prepare the traders at his workshop better.
Students in this course come away with a solid understanding of the trading process because they practice the setups, entries, and exits in groups with other students in the class. Gabriel makes extensive use of a trading simulator (live history replay) with which actual trades are traded in class as if “live.” So you leave the workshop already having a good idea on how to trade the systems.
After a thorough review of each system, he slowly walks you through a number of trades on each system that has multiple time frame charts—basically, the same screen setup that Gabriel uses to identify setups, entries, and exits. All of these trades use recorded historical data run on a software system that reproduces the price charts from the date and time in the live market. You will be able to watch the setups happen as he explains how to get ready for and make the entry, and then how to get ready for and make an exit. After walking the class through several simulations, Gabriel involves the students in the decision process for pattern detection, entry, and exits as the acquire competence.
When you get home, you’ll already have a good sense of trading each system—which means you’ll have a running start. And just to be sure, Gabriel provides everyone with pages of additional example trades to take home and study.
Trader Feedback from Gabriel's Workshops:
"The best aspect of the course was the knowledgeable, accessible instructor."— Harold.G, Las Vegas, NV
"I am a Forex trader, and I thought Gabriel did an excellent job introducing everyone to Forex."— Anonymous, Melbourne, Australia
“Very quality documentation and presentation technology… I didn’t expect I would learn as much as I did.”— Robert Allen, Fountain Hills, AZ
"The best takeaway was the workbook, which will allow me to review and trade the system."— Rick F., Tampa, FL
“I loved the class and would recommend.”—Terry Hudgins, Farmville, VA
"The course dispelled my erroneous beliefs about the Forex market, and there is a definite nugget by integrating simulation into the course."— John G., Melbourne, FL
“These are thoroughly tested and proven systems, with quantified proven results.”— Jim Cook, Waterville, ME
"Before the workshop, I thought Forex was too risky for trading, but now I can see myself trading Forex. I would like to attend a longer workshop with Gabriel."— Peter W, New York, NY
"I think the structure is great for learning—basic information, system description, examples, and then live-trading the simulator. Do more of these."— Jan S., Madrid, Spain
The best aspect of the course was...
“Expertise of instructor; his accessibility and clear answers to questions, use of many charts, real-life examples.”—Kathy McGuire, Asheville, NC
“The well-organized workbook and the live simulator really helped my understanding of the concepts… The instructor did a great job organizing the course, as well as teaching the course.”— Anonymous
“Live-trade walkthroughs and associated discussions.”— Peter Shearing, Australia
“Learning 3 specific, tested systems in a new (to me) market (FX).”— Daniel Taylor, Dallas, TX
My biggest surprise of the course was...
“That all of the expectations I had were met or exceeded (I actually created an expectation list prior to arriving).”
"The logic of rule-based trading-- how effective and simple it actually is." -— Renato Reyes, Philippines
“Coming in here I didn't know what to expect.” — Robert Rau
Top Ten Reasons to Trade Forex by Gabriel:
As recently as the late 1990s, a “veil of mystery” shrouded Forex trading.
Many traders had beliefs that sounded something like these:
- Forex is the “supreme discipline” of banks & hedge funds… I am just an individual trader.
- A 24 hour-market? How will I work and sleep if I have to watch the market 24 hours?
- Trading currencies mean trading entire economies... that’s too much to follow or understand.
- I have too little capital to be able to compete on a level playing field with the big boys.
Fast forward to now — I still hear those kinds of statements today even though everything about the currency market has changed. What is the reality of Forex trading then today? Since the US federal government deregulated Forex trading (Foreign Exchange or FX) for retail traders in 2000 (the CFMA act), the market has more than quadrupled in size and transformed completely making it easily accessible to retail traders.
If you aren’t trading Forex in any way right now, here are the top ten reasons why you should consider it:
1. Have you ever been stuck in a position overnight dreading the large gap at the open?
FX is a very large, very liquid market that trades around the clock, so opening gaps are effectively eliminated.
2. How often do you have trouble finding a decent trend?
You can always find good trends in FX because oceans of money are flowing between countries as the relative strength of their economies changes constantly.
3. What if you can only trade for the part of the day that doesn’t work well (or doesn’t work at all) for your market?
Trade FX at a time of the day that fits your schedule best.
4. Are you tired of slippage, partial fills, and running up large trading commissions and fees?
You get low cost and efficient order management in FX.
5. Do you ever enter a position that just doesn't seem to follow the pattern you are trading?
FX makes an ideal market for charting and pattern trading from 1min to Monthly charts because of its consistency.
6. Do most of your trading candidates seem to move together — and not offer setups on a frequent enough interval?
Most currency pair prices move independently.
7. Does your net worth decrease when your home country currency weakens?
FX offers the ultimate way to diversify your net worth and hedge your risk to it. Hedge a weakening currency or profit by trading it rather than simply watching it fall.
8. How often do large, swift price moves surprise you and you can’t "get out of the way" quickly enough?
Price movements in FX tend to be smoother than in most other markets which makes FX the ideal asset class to learn how to trade it.
9. Do you think you understand Tharp Think principles and wonder how to put them to use?
Tharp Think principles apply better to FX than with any other asset class.
10. Whether you are a long-term trend follower, a fundamentals analyst, or a pure technician, does your preferred approach not work so well in your preferred market? Do so-called successful strategies not seem to fit you?
Out of any asset class, FX allows you the most flexibility to choose a trading style and a timeframe that fits you best.
“Given this powerful list, why aren’t you trading Forex or at least planning to?” — Gabriel
What To Bring to the Workshop and Information on Forex Data:
- Please bring a laptop computer (PC or Mac) to the workshop. In Forex Live you will use your laptop to practice trading the systems taught in the workshop with your own brokerage demo account.
- Note: the small screens of Netbooks do not make them practical for trading over long periods of time, so we advise against trying to use them at this workshop. Also, please do not bring a second monitor as it is unnecessary and desk space is limited in the workshop room.
- Please check to see if your broker provides you with real-time Forex data (this is usually the case).
- Once you have registered, VTI will send you an email with further instructions on how to prepare for the workshop regarding how to set-up your chart layout for higher timeframe analysis.
- It has proven to be important that you make yourself familiar with Gabriel’s chart layout well before the workshop starts. It will make it easier for you to process the amount of information provided by the three systems.
- For those only attending the 2-day Forex Live workshop, Gabriel will provide you (just before FX Live starts) with his complete charting layouts for the three systems for free. This covers different timeframes as well as various indicators and tools that he uses for screening and trading the markets.
- All of this is being based on the MT4 trading platform (most FX brokers trade on MT4), it will facilitate your trading during the live portion of this workshop. This will make things much easier once you return home to start trading.
Article: Interview with Gabriel
Article: Busted Breakouts in Forex
Article: Three Upcoming Currency Opportunities
Article Yen Crossing Opportunities
Article: Reading Psychological Footprints for Low-Risk Ideas
Article: Top Ten Reasons to Trade Forex
Article: Rich Man's Panic?
Article: Opportunities in the Current Market Environment
Article: Starting Signal For Major FX Trend
Article: The Swissy Unpeg Some Practical
Article: Hedging Your Unconscious All-In Currency Trade
Article: Walk Away from The Shell Game to Play A More Profitable Game!
What to Expect When You Attend Our Workshops
The three-day workshops begin at 9:00 a.m.; registration on the first day begins at 8:30 a.m. We suggest that you arrive the evening before the workshop starts. Each course ends at approximately 5:00 pm on the last day.
Dress is casual.
Attendees of our courses come from literally all parts of the world. You will meet all types of traders from all aspects of trading, as well. Through their casual conversations about trading and investing at these events, we often hear how much attendees learn from each other.
Our courses offer a relaxed, noncompetitive environment in which you will learn some of the most cutting-edge and sophisticated trading concepts and strategies available. Our speakers are handpicked by Dr. Tharp for their expertise. They are open, they welcome comments and questions, and they share in Dr. Tharp's philosophy of generously imparting their knowledge.
Materials & Supplies
Most of materials that you need are provided at the workshop. Notebooks are provided for certain workshops. For our more technical workshops, however, we sometimes provide your notes via a flash drive. For these workshops, you will need to bring a laptop. Contact us if you have questions.
If you need to bring a laptop, we will let you know. If you want to bring your laptop regardless, you are welcome to do so. The workshop room has ample electrical outlets (international clients: remember to bring your converters for US outlets). Wireless internet connectivity is available. Note that the Peak Performance workshops do not use tables, so we would recommend not bringing laptops to these workshops.
A community computer and printer are provided for student use which is useful for printing boarding passes or checking your email.
We also provide workshop necessities such as paper pads, notebooks, flash drives when needed, pens, etc.
Registration on the first day begins at 8:30 a.m.
The three-day courses begin at 9:00 a.m.
Courses end at approximately 5:00 pm on the last day.
When traveling to a three-day course, it is best to arrive the evening before.
See Travel and Hotels for information about making your travel arrangements.
What You Should Do Before Attending
We highly recommend that you read Dr. Tharp's books before attending a workshop. Ideally we'd like to see you come in having read several of them, but at a minimum read the following.
If you are attending any of the Peak Performance workshops, Oneness, or Blueprint for Trading Success, read Trading Beyond the Matrix first.
If you are attending How to Develop A Winning Trading Systems or one of the Systems related workshops (Day Trading, Swing, Forex), read Trade Your Way to Financial Freedom before attending.
Where are the Courses Offered
All workshops (other than international locations) are held in Cary, North Carolina, USA, at the Van Tharp Institute’s on-site workshop facility. (See Hotels and Travel section below for international locations)
102A Commonwealth Court
Cary, NC 27511
See Travel and Your Stay in NC for information about making your travel arrangements and hotels.
Dress in layers. We find that while one person is too warm another is too cool; short sleeves with a jacket or sweater work best for your comfort.
Coffee, beverages, bottled water, and healthy snacks are provided throughout each workshop day. Lunch is not provided on site, but there are several restaurants within walking distance.
Our workshop room has comfortable seating, a large projector screen and a smaller ”smart board” screen. Maximum capacity (with tables) is 30 students, so you will be able to hear and see well from every seat.
We have staff on-site to help you know where to go for lunch, call a cab, give you directions to the mall, and assist you with whatever might arise.
Hotels for Cary North Carolina
Click here to see of list of recommended hotels. Note that the top two hotels have week-day shuttles and Homewood Suites offers weekend service as well.
- Comfort Suites (has a shuttle)
- Homewood Suites (has a shuttle)
- Hampton Inn
- La Quinta
These four hotels are close together and are where most clients stay. This makes catching rides and after hours dinner plans more convenient. If you are not getting a rental car we strongly advise you stay at one of these four.
If you know other students and wish to share a room, consider the Homewood Suites.
Do not hesitate to let us know if you have questions. Call 919-466-0043.
Hotel for London, England October 2018
Join us in October at the Radisson Blu Edwardian, Bloomsbury Street hotel situated within minutes of the stylish shopping districts, and within walking distance of the West End Theatres. Each of the 174 bedrooms has an elegant blend of lavish furnishings, marble bathrooms and cutting-edge technology, including flat screen televisions, iPod docking stations, and complimentary Wi-Fi. Book soon to ensure you can stay in the same hotel as the workshops.
Radisson Blu Edwardian Bloomsbury Street Hotel
9-13 Bloomsbury Street
Nr Covent Garden
London WC1B 3QD
LAT: 51.5176 LONG: -0.1277
Bedroom Reservations: firstname.lastname@example.org
Phone: + 44 (0)20 7636 5601
Use the link below for special rates for Van Tharp Institute Students.
The ultimate blend of luxury and contemporary style.
Car Rental, Airport, Etc. (North Carolina Only)
Book your flight arriving to the Raleigh-Durham International Airport (RDU).
Car rentals are recommended.
When traveling to a three-day course, it is best to arrive the evening before.
To help determine your arrival and departure times, see What to Expect When You Attend Our Workshops.
About Raleigh/Cary, NC
Raleigh is the capital city of North Carolina. Cary is a suburb of Raleigh. Other nearby cities include Durham and Chapel Hill. The area is known as the Research Triangle Park (RTP), a globally prominent, high-technology research and development center.
Our strong university system, which includes Duke University, UNC-Chapel Hill, North Carolina State University and a number of other area universities/colleges, gives us one of the highest per capita Ph.D. populations in the US.
We are in driving distance of the beach (2-4 hours), the mountains (3-4 hrs), Charlotte (3 hrs), Washington D.C. (5 hrs) and Atlanta (7 hrs). North Carolina beaches and mountains are known for their beauty and are popular vacation spots.
NC is well-known for its golf courses. The world-renowned Pinehurst Resort is only a one hour drive from Cary.
Go to http://www.visitnc.com for fun ideas or go to http://www.visitnc.com/raleigh-durham-the-triangle or http://www.visitraleigh.com/things-to-do/
How to Save $500-$700 and Other Discounts
Early Enrollment Discounts
Most workshops have a $700 early enrollment discount that expires about three weeks before the start of the workshop.
This is our best offer and we encourage all students to take advantage of this pricing!
Check the workshops course list to determine which discounts are offered.
Bring a Friend and You Both Deduct an Additional $200!
If you bring a colleague who is new to Van Tharp Institute (not already a customer or subscriber), you can both deduct another $200 off the price, even if you take advantage of the early enrollment discount offer! (Discount applies to workshops priced at $2,295 or above.)
If using this discount, call to register. The shopping cart registration system does not deduct the "Bring a Friend" discount. Contact us at 800-385-4486 or +1-919-466-0043.
From time to time, special discounts are offered for courses. Back-to-back workshops generally offer an additional discount when attending both. Check the workshop schedule to learn more.
We always send out notices and reminders regarding dates and special offers to subscribers of our Tharp's Thoughts Newsletter.
Be sure to subscribe if you'd like to get these notifications.
How to Get a Custom-Designed Workshop
We can tailor a workshop to a topic, to your group size, to your location and more.
Call 800-385-4486 to learn more. As an initial point of reference see Consultations with Dr. Tharp.