Hi Frank, Wanted to let you know that the COT review from over the weekend has already paid off for me. Based on the COT review information and the trading training that I’m learning from Vic, I bought Sterling on a dip based on a fibonacci retracement level which was hit early in Asian trading at the same time as an oversold slow stochastic reading. Rode it up for 100 pips overnight to start the week. Price hit the falling supply line on the daily chart which you discussed in the COT review and fell. Waiting for another pullback now to enter the next trade. Thanks for your work in putting the COT review together each week. -Dave Deming

Hi Frank, Your calls 2 weeks ago on GBPSD, EUR, AUS and NZD netted me several hundreds of pips (to the upside) – good work!! -Cameron, Sydney, Australia.

Frank, I was very impressed by the introduction modules of the new service, I just finished my first tour and they are!! Just Fantastic!!. Thank you for such a great piece of work….Thank you and your team. I’m really looking forward to follow your footsteps and be able to trade the Forex for a living. I truly believe that with your help, Peter’s and the Forexmentor team, it will be happening sooner than expected. Luis - California

Wow Peter I’m excited! I just went through Frank Paul’s COT introductory modules and it looks fantastic. What a thorough service that really ties together all the other forexmentor material and adds some totally new material such as Frank’s Gravity indicator. The price is incredibly fair as I was paying twice as much for half the information from another provider. Congratulations to you and your whole team for what must be the premier forex education service in the world! – Ben, Brisbaine, AU

I want to congratulate you on the excellent COT course and analysis which I have been ploughing thru all weekend. It is finally making sense for me. David Cheah, Canberra, Australia

Hi Frank, Cameron Kelly here once again – I have just finished going through your COT course. I wanted to take this opportunity to congratulate you (once again) on an excellent and throughly detailed course – your attention to detail and insistence on leaving “no stone unturned” is becoming somewhat predictable!! Keep up the good work – I look forward to diving into the COT data received from you in the coming weeks. Best regards, Cameron, Sydney, Australia.

Hi Frank, I have done amazingly well this week. I have got most of my results by day trading. It gives me confidence to know where the price is going. I got 618 pips after one loss of 57. My loss was on USD/CAD and price came up and got me and turned round. My stop was only about One pip from safety. It is unknown for me to get so many pips in a week. I also have 219 pips in my Oanda game account. I hope that my success was not just some kind of luck but I used to struggle to get my daily 20 pips. Next week I will put more money in my account and do proper money management. I doubled my account from £500 to + £1000 but I was risking too much per trade. I think that I will continue day trading as I like the idea of catching good moves. Really though, it is my habit. I find it hard to watch my profits disappear even though I know that it will come back. I may also start a proper position trading account. Looking forward to tomorrow morning when I can listen to the next videos. Regards, Ann

I took a short signal on the US dollar index and made some good profits from it based on your COT information. Thanks. The COT signals are very useful indeed and I look forward to studying it weekly now. Also just started studying your MACD course which I joined up recently. This MACD course is excellent and should be pre requisite study for fx students before they embark on their trading journey. I have been confused for such a long time on the signals and your explanation is the best I have ever seen. David, Australia

Hello Frank, I just thought to share with you on my trades on GBP/JPY since last Friday.

	Pips per Lot
8/8/2008	133	Short -( My bad, I moved my stops too close and got stopped out. Otherwise, I would have stayed and Closed with 213 entry-202.50=1050 pips profit)
8/12/2008	70	Long – I traded long(counter trend trade) per lot
8/13/2008	364	Short- exited at 203.14 instead of at 202.50
Total	567

I hesitated to go long at London close knowing that it would retrace, I missed 250 pip long opportunity. Thanks for your COT analysis. Suresh Kurella

Well my patience paid off to the tune of 373 pips! I guess the Beast just makes me a little jittery. Thanks for the advice! Jason

Hari Bolo Frank, Well my friend this week was my first to go over the program…….I have to say that I didn’t like what I learned………..WHY ? b-coz…….. I LOVED IT !! First off on the 2-hour chart right off the bat @ 1:00 AM est. Monday since you do have some knowledge of VSA I have heard you using some of the terms “upthrust” etc. anyway in VSA down-bars is a sign of strength and it was a classic down-bar closed in the middle with a narrow spread which means the professionals or “Smart-Money” is not interested in lower prices at this time so like you also said there may or may not be a bounce up which it did up until 1:00 PM but this bar showed much weakness entering the market on this bar Bar-up closed-middle which means much selling by the pros esp. when the vol. is ultra-high with a wide- spread then the market reversed downwards and the TG trending system also showed this fact. Its incredible and I’m just getting started using both systems again much appreciated !! I ordered a copy of the book Elliott Wave Principle: Key To Market Behavior. Can’t wait to dive in as well Oh !! btw. I missed this mornings move couldn’t get online not my fault no-biggy I’m loving the learning curve but was able to get in the down move over 70-pips that quick ! Jai ! COT-VSA !! Shambhu das

I just had to drop you a quick email to thank you for my first access to the weekly research update. Wow, it blew my brains out. The depth and quality is amazing. I am learning furiously and enjoying it immensely. I too use Prorealtime chart package and have found it to be one of the best out there. I’ve never used SMI before. Can you advise which settings you use? Is it 14 – 3 – 5 – 3 ? or 10 – 3 – 5 – 3 ? Thanks again Frank. Kindest regards, Paul Spencer.

Hi Frank, Just wanted you to know I went long cable at 1.7496 (spot) and grabbed a December contract at 17406, and about 52% of that trade decision I would place with some of your recent GBP chart work opening my eyes some more. So, hundreds of pips later, THANK YOU FRANK! Jeff

I signed up for the COT service over the weekend. Haven’t been able to start through the course, but I watched the summary for this week on GBPUSD. Frank mentioned the importance of the 1.7447 number for Elliott Wave count–don’t really understand why yet, but I remembered the importance of the 1.7447 Fibonacci level for Elliott wave count. When I saw that price had gone on such a run all night and yesterday morning, and it was approaching 1.7440 (this was Gail’s trade we talked about in CC today), I did some quick review and found that 10 day moving avg was also at 1.7440 and 9/11 swing low was at 1.7550. 50% fibo of 1.3680-2.1160 was at 1.7420, not close, but I thought it might be an important factor to consider. With Frank’s suggestion that 1.7447 was so important in Elliott wave and with these other factors, I placed entry orders at 1.7440; orders filled as price peaked at 1.7444 I believe. Exited later in the day for 115 pips on several lots. The COT information really helped solidify my decision–it’s a great service to add to the weapons you’re teaching us. Best wishes for your trades this week. – Dave D.

Hi Frank, I must say I find your COT Analysis really interesting and rewarding. It has been a learning experience for me. I am no pro in Elliot Wave, but your make or break points help me in assessing the market. It helps me in terms of waiting for the trade to make itself known and not rushing into a trade just to be trading. Now, I am learning to analyze the market and make my entries timely and appropriately. Today I have bagged 3,800 pips by carefully entering the trade and the breaking points and adding to my position as other key levels are taken out. Take the GBP/USD, I entered at 1.7236, add to my position at 1.7136, 1.7049 and 1.7005. Take the EUR/JPY. I was in the trade and then added another lot when the 133.61 level was broken. I had successes also in the AUD/USD, NZD/USD, USD/JPY, GBP/JPY. I am watching the EUR/AUD closely. When it moves it may move by well over 1,000 pips. The point I am making is that I enjoy your analysis and it is helping me to develop my own style of trading successfully. Regards – Delroy

Hi Frank , I’m a total Newbie to Forex, Peter Bain and your COT course. Thanks for the great info I only wishes I had discovered Forex Mentor 12 months earlier. Your COT analysis is something I needed 6 months ago . I completed your 4 Sisters course during the week, set up my GST Charts as close as I could to your recommendations and commence a trade in my practice trading account on the AUSUSD. I was in and out in 15 min with a 30 pip gain …… Fantastic, Amazing easy. Thank You …Greg B. Dubai

I am impressed so far with your forecasts. I started live trading this week for the first time in over 1.5 years, when unfortunately I blew out my first forex account. This week, based on your readings, I decided to trade GBP/USD and made about 250 pips. I could have done even better as yesterday between 2:30 PM and 5 PM PST, the pair moved unnoticed to me over another 100 pips. It is rare for me to see that kind of move in the afternoon Pacific time. I thought GBP/USD had bottomed and was ready for a correction and so I stood aside. I will need to fine tune myself on those things. Thanks Frank for a fine job. I believe that the markets are very uncertain right now, and so your analysis is most helpful. Fred K.