How to Trade the Forex Weekend GAP like a Pro

Learn how to trade one of the easiest and profitable Forex trades with confidence and reduced risk.

4.35 (157 reviews)
Udemy
platform
English
language
Investing & Trading
category
instructor
How to Trade the Forex Weekend GAP like a Pro
968
students
1 hour
content
Jan 2016
last update
$49.99
regular price

What you will learn

Understand exactly how the Forex Weekend Gap is traded

Know the best broker selection criteria for this particular trade

Select the best currencies for this particular trade

Manage spread widening done by most Brokers

Use the spread to plan your trades

Know what size and kind of stops to use

Know what size and kind of exit strategies (targets) to use

Understand what role currency volatility plays

Position size trades for unknown and variable Gap sizes

Evaluate Forex trading conditions should be avoided

Obtain a weekly review newsletter with Weekend Gap guidance

Obtain a free MT4 Weekend Gap trading robot to automate this trade

Participate in a specific Weekend Gap Forum to discuss this trade

Trade as many currencies as you like at the same time

Understand why it is dangerous to trade on a Monday morning before spreads normalise

Why take this course?

This course is about trading one of the most reliable Forex trades of all time. Statistically over 80% of Weekend Gap close (Reach the Friday closing price levels on a Monday). So all you have to do is trade the Monday price back to the Friday price. Sounds so easy.

To trade the Weekend Gap like a Pro, however, you need to be more thorough. You need to consider factors such as currency selection, normal spreads and widened spreads, Stop methods and sizes, Target methods and sizes, position/lot sizing and risk management, currency and market volatility, environmental factors and many more considerations that are covered in the course.

There could be over 20 currencies experiencing gaps on a Monday morning. Trading so many currencies all at once can be done manually but this process is best automated using a MT4 Robot which is included free of charge to students who complete the course.

All the information sources and robots used in the course are available for free. All you will need is a demo Forex trading account which you can also get for free from your favourite broker.

The course is structured on a logical and easy to follow basis to enable you to start trading the next Weekend Gap opportunity with confidence immediately upon completion. It should take no longer than an hour to complete the course.

It is presented by an experienced Forex trader who has been trading this trade for over 10 years.

If you have been battling to find a Forex trading method that stacks the odds in your favour, this method should restore your confidence and belief in your own Forex trading. In essence this is a very simple Forex trade that must be traded with thought, knowledge, preparation and lastly respect for the Forex Market.

Screenshots

How to Trade the Forex Weekend GAP like a Pro - Screenshot_01How to Trade the Forex Weekend GAP like a Pro - Screenshot_02How to Trade the Forex Weekend GAP like a Pro - Screenshot_03How to Trade the Forex Weekend GAP like a Pro - Screenshot_04

Our review

--- **Overall Course Rating:** 4.35 / 5 **Review Summary:** The course on Weekend Gap Trading has received overwhelmingly positive feedback from recent reviewers. Many have found the content practical, comprehensive, and highly beneficial for their trading practices. The instructor, Alex du Plooy, is commended for his clear and straightforward approach to teaching, making complex concepts accessible to traders of all levels. The inclusion of an Expert Advisor (EA) as part of the course material has been a highlight, with several reviewers reporting successful implementation of the EA and affirming that its value outweighs the course's cost. **Pros:** - **Practical Training:** Reviewers appreciate the practical approach to learning, with many noting significant improvements in their confidence and understanding of trading after completing the course. - **Clear and Concise Instruction:** Alex du Plooy is praised for his ability to explain concepts in a logical and easy-to-understand manner. The course content is lauded for its clarity and conciseness. - **Real-world Application:** Users report that the strategies and tools taught in the course are directly applicable to real trading scenarios, particularly with the Weekend Gap Trading method. - **Effective Expert Advisor:** The EA provided as part of the course is frequently mentioned for its effectiveness and ease of use, with some reviewers seeing immediate results after its implementation. - **Comprehensive Coverage:** The course is considered to be comprehensive enough to give a solid appreciation of the approach without overwhelming the learner with unnecessary complexity. - **Highly Recommended:** Many users recommend the course to both beginners and seasoned traders, emphasizing its value as an educational resource in Forex trading. **Cons:** - **Overhead for Beginners:** A few reviewers found some content slightly above their comprehension level, indicating that while the course is well-structured, it may require some prior knowledge or a revisit after gaining more experience. - **Content Density:** Some users suggest that the course could be made more concise by combining lessons or shortening them to improve efficiency and retention. - **Potential for Upselling:** There are concerns that the course might be used as a platform to upsell additional products or services, which some users find slightly misleading. - **Desire for Additional Examples:** A couple of reviewers mention they would have appreciated more concrete and practical examples throughout the course to further solidify their understanding. **Additional Notes:** - **Personal Interaction Desired:** One reviewer expresses a desire to meet the instructor in person to express gratitude, indicating a strong positive impact from the course. - **Free EA Perception:** One user believes that the EA taught in the course could be found for free elsewhere, suggesting that the price of the course might be better spent on other resources. This perspective is not widely shared among other reviewers. **Conclusion:** The Weekend Gap Trading course by Alex du Plooy is a highly recommended resource for traders looking to master the Weekend Gap method and effectively use the associated Expert Advisor. While there are some areas where the course could be improved for clarity and efficiency, the overwhelmingly positive feedback from users confirms its effectiveness in teaching practical trading skills and strategies.

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Related Topics

613190
udemy ID
9/16/2015
course created date
8/29/2019
course indexed date
Michael Wylie
course submited by