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I have now been coached by Andrew for over a year. Frankly if not for him I would have given up!!
Prior to coming into contact with Andrew I had been trading for a year trying to "learn" through various means with poor results. Unfortunately, due to having a full time job that demands a lot of my time, I have limited time available for forex trading. So I had a roller coaster experience trying to successfully trade in forex. But when I met Andrew everything changed, and now I continue to trade.
What is most important with Andrew is that he is defintly NOT after your dollar! The entire programmes and service he offers clearly demonstrates his honesty and integrity. I believe these are the most important ingredients in a coach. From the inception, his main interest is for you to succeed. To achieve this, he has with him a host of valuable tools that cater to every indivudal need and style of trading.
Do you want to enter the exciting world of forex trading? YOU CANNOT FIND SAFER HANDS TO PLACE YOURSELF IN.
ANDREW IS THE BEST!!!!!!
Eraj Wijesinghe,
Colombo, Sri Lanka
I started trading FOREX since April'10. At the beginning i follow some free educational materials from the internet, those were good but not good enough to make PIPs for my account. Then i decided to take training on how to trade properly. I took couple of courses but most of them were not good enough to make money from this battle field, even i lost a lot of money using some system because of lack of proper money management.
After that i was bit frustrated, thinking to gave up FOREX trading. At that time i thought it is only for BIG PLAYERS.
But one day i got Andrew's website from google. I decided to gave a last try in FOREX training which i think was the best decision, so far , regarding FOREX coaching.
In the one-to-one webinar, he taught me a system for short term chart trading with couple of defined RULEs using PRICE ACTION and some Indicators. Those organised rules with proper money management gave me consistent result in trading FOREX.
Andrew has another strategy for long term chart trading which is exceptionally good. He showed me how to enter and exit the market with 3:1 or more RR. Every day he sent us trade recommendations for long term chart trading using his methodology. Pls Andrew don't stop sending those recommendations.
Using 0.5% (which is very low ) risk on each trade, now i am getting very good return on my account consistently and i am planning to trade FOREX full-time if i get similar result in comming 3-4 months.
Finally, the support after the course is exceptionally good. He runs forthnightly webinar for his students where we can discuss any trading issues.
I highly recommend Andrew's course to anyone who want to make consistent profit in FOREX.
Thanks Andrew for developing such a good training course and strategies.
Mohammed Bhuyan,
Sydney, Australia.
I have been involved in forex trading for over 12 months. I've done a few 'internationally recognised' high cost courses which promised the world but their post-course customrer service and on-going training support was severely lacking. Had it not been for a chance e-mail from someone I had met from one of the other courses that put me onto The Forex Trading Coach - Andrew Mitchem - I would have given up.
I read through Andrew's website and it sparked my interest again. I sent him an e-mail and expected the usual 'salesman' calling me back. Now if this is what you're expecting you're going to be very disappointed. Andrew is anything but a forex system salesman - he doesn't need to be! What he has to offer is the real deal. He called me within a few hours of sending the e-mail and spent considerable time on the phone with me going over my experience so far, my trading personality, my goals, my challenges etc. He actually cared about what I wanted to get out of forex and not 'how much he could sell me' - what a breath of fresh air.
I took his course and it was the best money that I've invested in my forex training. For the money I paid to Andrew, other companies give you half of the initial training. But Andrew doesn't stop there - he backs up his training and ensures that you get all the support you need to get you trading profitably without paying out hand-over-fist for each new bit of the puzzle.
His manual is easy to follow and based on sound information that can bring you up to speed if your a beginner or put it all into context if you've ahd a bit more exposure like myself. His training videos are solid and well worth going through as there's no hype - just plain speak and concrete examples. You will not come away from his training and not understand. The indicators and computer support are fantastic. But the real benefit of The forex Trading Coach over all the other systems and courses I've done - the ongoing personal support - seriously, you will not find this anywhere else and it costs no more. Regular webinars reinforce the system and are a great forum for Andrew to answer questions. what I particulalry like is hearing other people's questions and the answers to them as often it's things I haven't considered yet so this speeds up the learning process. Andrew even replies to e-mailed questions within a short time period - try and get that kind of follow-up support anywhere else.
So, would I recommend The Forex Trading Coach - in a heartbeat. I've tried others and not succeeded, I've lost money and invested it in the wrong training groups, I even got to the point where giving up seemed like the best option - Andrew was my last ditch effort before calling this a mugs game. Now I'm a believer - there is money out there to be made and with this system and support you can join a whole lot of us that have been trained under Andrew and are now enjoying both the money and the market.
I am happy for Andrew to give out my contact details to anyone seriously interested in doing this training - I know that there are a lot of big talkers and promises out there so it can be hard deciding where to put your training dollars, you won't regret putting them here.
Andrea N
Wellington, New Zealand
Andrew is the real deal. I have spent loads of money on other Trading Companies only to come away with heaps of paper work and nothing to show for it. I was in NZ for a holiday in Nov and Andrew was more than willing to get up super early and travel 2.5 hours to where i was staying. He's easy to get along with, patient and works well past his alotted time. I would recommend him to anyone that wants to really make a go of trading. I still have lots to learn but i feel very confident that Andrew will be by my side the whole way through.Thankyou Andrew.
Valerie Pasquale
Melbourne, Australia
Hi Andrew,
We have now completely recovered all costs associated with your trading course. We only started with $10k in trading capital one month ago but have increased the account size twice to now $30k.
We are trading lot sizes of $30k and expect to be trading standard lot sizes by January. I cannot recall a situation where we increased our position sizes significantly during our trial period and made money in the account while doing so. Usually, we give back our profits as we ramp up. Of course, we do not know what the future holds but are please with our little beginning.
Ed Owens
Chicago, USA
I have just completed Andrews course over 2 sessions via a webinar, which worked well.
The first thing to say about Andrew is that he is a genuine nice guy, in an industry replete with scallywags and crooks.
And just as importantly, he is a good teacher. He went through some basic concepts, and advanced through his system in such a way as to make it very easy to follow.
The system itself is based on very sound and logical price action principles, with an indicator to help you spot the patterns, and 2 indicators to help stack things in your favour. Support and resistance and daily pivot points are also used, as are round numbers, again, all logical stuff.
As other reviewers have mentioned, Andrew teaches a money management approach that allows you to risk very small amounts, yet still make excellent gains on your account - so any losing trades do not put you off executing your next deal. This immediately appealed to me, for unlike others in this industry, he was being realistic and honest about how to trade professionally.
What Andrew has taught me has actually reinforced my own ideas about the way the markets should be traded - which mainly is that price action is king.
I think this course and system is suitable for both beginners and more advanced traders.
The support has being second to none, and another great thing is that every 2 weeks Andrew hosts webinars for all, for free, which just goes to show that he wants you to succeed and learn.
I have made some trades live using the skills Andrew has taught me, and have met with great success.
I would highly recommend Andrew if you want to get your trading on track, what he teaches actually works!
Shaun M
York, UK
I was very skeptical before enrolling with the ForexTrading coach. Seems everyone is selling forex education but no one is trading it. I had the opportunity to hear Andrew speak and was impressed with his honesty and integrity. I was also able to talk with some past students which gave me more confidence.
Any doubts I had were quickly dispelled with the quality of his course notes and software. Andrew teaches a complete system which works. He trades it himself everyday.
The support after the course is first rate. You wont find better. He sends daily email with his trade selection and we have webinars twice a month. Any queries are answered the same day.
Definitely the best value I have had from any forex education
Mark Williams
Auckland, New Zealand
{Updated review. Posted on Forex Peace Army. 30/7/2010}
My wife and I are full time traders. We have been using a trading system from Andrew Mitchem and TheForexTradingCoach.com since February 2010. Now, 6 months later, it is time to review our experience warts and all
There is a one off upfront fee to pay and the package consists of proprietary software that provides;
SMS, email and visual/audio chart alerts that identify potential trade set ups
candle patterns identifiers e.g. pinbars, engulfing bars, outside bars, hanging men, dojis etc.
negative or positive divergence alerts using the slow stochastic setup
daily support and resistance levels (automatically updated prior to the Asian session open)
OCO (one cancels other) entry, stop and exit application for news trading
Fibonacci retracements and extensions
round number levels
The software is applicable to all time frames e.g. scalping, swing and position trading and comes with a comprehensive instruction manual written in plain English, so it'fs not that difficult to understand.
Your money also buys you
A one day coaching session with Andrew Mitchem, either one on one, a small group (up to 6 people) or by webinar. The fee is scaled depending on which coaching option is chosen.
Daily trade recommendations. These are emailed between 10am -11am New Zealand time prior to the Asian open with a detailed explanation of why the recommended currency pairs should be traded in the upcoming Asian, London and New York sessions. These are trades taken by Andrew Mitchem using his live account and the live accounts of clients who have managed funds with TheForexTradingCoach.com.
Reviews and updates of the previous days trade recommendations. This update catalogues which trades have hit their profit target, trades that have been stopped out or trades that are still active, either out of the money or in profit and why they are still valid trades.
Ongoing training and educational webinars. These are held at 8.30pm New Zealand time during the London session. If a short term trade set up presents itself, then a live trade will be taken. The webinars run for approximately 60 - 90 mins, they are interactive and questions are encouraged.
Technical software updates (at no additional charge)
Customer support. Whether this be of a technical nature or asking for thoughts/views on a particular trade, enquiries were answered promptly.
From the 6 month period of 22 February 2010 to the date of this review (30 July 2010), there have been 313 daily trade recommendations received. Using a 1:2 win/loss ratio, each trade was recorded over a 24 hour time frame (the upcoming Asian, London and New York sessions). 117 of these trades were stopped out for a total loss of 8,585 pips and 196 trades were profitable for a potential total gain of 21,630 pips. This represents a 62.5% win/loss ratio and a potential nett gain of 13,045 pips (or an average of 576 nett pips per week). This is an excellent win/loss record by any professional traders standard.
To further illustrate these figures; during the same 6 month recorded period, we were able to bank between nett 100 to 500 pips per week. We had an exceptional week from 14 - 21 May 2010 where we placed 36 trades, were stopped out on 9 and had 27 winning trades for a nett total of 1,198 pips.
It has been difficult to obtain accurate profit data from other Forex trading organizations in order to compare profit results with TheForexTradingCoach.com. Our experience has been that the few profit data histories we did receive fell far short when compared week by week and month by month with TheForexTradingCoach.com trade historical data.
In conclusion, we find it hard to fault the coaching/software package, ongoing webinar training/education, daily trade recommendations and customer support. Not having to pay a monthly subscription fee is a pleasant surprise compared to most other trading organizations in the Forex world. We think that this is a trading system suitable for the raw beginner who knows zip about Forex and the experienced trader looking for that edge. In hindsight, if we'd had this information when we first started trading, we could have saved ourselves the pain and agony of blowing our first account.
It is our opinion that this complete package represents exceptional value for money.
Gavin & Beverley Hurlimann
Auckland, New Zealand
After trading forex for 18 months and just managing to break even most months i dont even know why i didnt give up to be honest. After realising i was a victim of one of many well marketed scams out there that suck you in by making outragous claims of how much money you will make ect, i decided not to give up, which led to coming across TheForexTradingCoach.com.
After communicating with Andrew via email (all replys were same day) i had a good feeling as he seemed to be a genuine guy. The thought of being trained one on one by a full time trader and not just a salesman claiming he is a successfull trader really appealed to me.
I have now been trading using Andrews system for three months and have been very profitable every week since. This month i am up to 13 consecutive winning trades with no losers so far, it almost seems too good to be true.
I would highly reccomend Andrew's course to anyone looking at acheiving realistic goals with their trading.
Adam N
Melbourne, Australia
The suggestion to check out Andrew Mitchem's Forex Trading Coach website came from a Forex Broker I was trading with at the time.
After considerable thought, contact with Andrew followed and his personable, straightforward down to earth approach, had me enrolled for his course and software.
The support Andrew has provided through one on one tuition, prompt responses to both phone and email enquiry, on going software upgrade and regular online live trading webinars has assisted my knowledge of his forex trading philosophy and system.
His encouragement to "trade what you see and not what you feel" has proved sound advice and in my experience contributed greatly to my trading success.
W.N
Christchurch, New Zealand
I have been involved in Forex trading for the last 12 months. In that time I have come across a number of scams, get rich quick schemes and systems which promise everything but deliver very little.
However, Andrew - the Forex Trading Coach, is one of the good guys.
He teaches a system based on bespoke indicators which works...and follows that up with mentoring, support and frequent live-trading webinar sessions to provide a complete package.
Happy to recommend
Sandy Russell
Auckland, New Zealand
I completed the webinar training session which worked exceptionally well. Supported by hardcopy materials and some MT4 indicators, Andrew took me carefully through his system.
In terms of the system: It is based off some sound principles of price action (which the indicators help identity) and risk/reward ratio - and it works. He covers a money management concept where I can accumulate my account through risking only 0.05% of my bank per trade.
In terms of the webinar: this worked well and was easy to follow along with in real time.
In terms of customer service: Excellent - Andrew provides free followup questions in addition to some other regular reinforcement emails/webinars. As we covered everything in ahead of the normal time he allows - Andrew offered a one hour followup session in a couple of weeks at no charge to make sure I was good with the system.
Highly recommended.
John Mulley
Sydney, Australia
The forex trading coach Andrew Mitchem. I highly recommend Andrew. He has spent a lot of time setting out the course so it's easy to understand. I did the his course via Webinar over 2 days, I live in Australia, he in New Zealand so it can be done any were in the world .There is support when you need and lots of videos & reading material to go through, he has fortnightly webinars with live trading so you don't feel alone after the course .
Alvin Gaissl
Melbourne, Australia
I have been under Andrew's guidance now for over 6 months. I am currently trading and studying Fx full time. I learn every day.
In trying to learn the Forex Market, I've learnt that forex is full, and I mean chocka block with rip off artists. People & companies hiding behind the huge disclaimer that comes with their trading instrument, taking advantage of people's naivety. They all sell a system but very very few back it up.
As I see it, a system teaches you to view the market, learn and develop your own style of trading but this takes a lot of time. So to me, it was the back up support (on going learning) that seemed so VERY Important and "how" it got delivered.
Andrew shines in this area, as well as having a system that he trades, teaches and lives by personally, he seems to passionately care.
That's the important bit, "he cares".
In my search for a coach to learn forex through ("and it's hard"), he has been excellent in helping me to develop slowly with ongoing support. I admire him.
I give Andrew permission to give other people my number so they can call me to verify the above.
Shane Watkins
Lake Tekapo, New Zealand
Hi Andrew,
Just had our best trading week so far.....
36 trades taken. Stopped out on 9 trades for a total of 306 pips lost. 27 winning trades for a total of 1504 pips gained. Nett gain of 1198 pips banked in the last 5 days.
Pretty cool eh???
Have a great weekend
Kind regards
Gavin & Beverley Hurlimann (email received on 22nd May 2010)
Gavin & Beverley Hurlimann
Auckland, New Zealand
The Forex Trading Coach is fantastic. Andrew flew over from New Zealand to teach me how to trade. It's a very simple system that Andrew teaches, but it's highly effective. My first week of trading the Forex I made 600 pips. The support is very good and all my questions got answered within the day. I highly recommend The Forex Trading Coach to anyone that wants to be profitable in the Forex market.
C.Davies
Noosa Heads, Queensland, Australia
A serious health setback forced me to look at a new way of earning an income. For 5 months I spent 10 hrs a day looking at and learning trading systems. The market is flooded with scams and automated systems that do not work. There are dozens of lagging trend, volume and oscillating indicators, that show you what you should have done. You are always too late. You can never believe how stupid you are. You hear yourself saying “I should have known”. The thing is you don’t know. Hind sight is exact sight!
To find an honest trading coach with a proven system that has a high percentage success is a blessing. His software system uses Japanese candlestick pattern recognition, Fib ratios, and support and resistance levels which enable you to select high probability trades.
The course includes trading software and a course manual covering everything taught on the course. He teaches you when to enter and exit. I understand Forex trading now better than ever and trade with confidence. I have reduced my time in front of the computer incredibly and increased my success rate unbelievably.
Andrew is a friendly polite person, whom offers great follow up support, either by phone email or skype. I find the regular training videos I receive by email excellent. The course costs are inexpensive considering what you can loose and what is charged in the market.
I am a happy camper, and look forward to 2010.
Thank you Andrew.
Johann Loots
Auckland, New Zealand
We took the Forex coaching course 2 months ago and found it has improved our understanding of the market movements and enabled us to choose the most probable trades with amazing accuracy.
This method is superior to trading automated FX signals as it enables understanding of technical analysis and individual risk management.
The system is independent from news trading and reliable in results and we certainly recommend it. Andrew is very supportive in his training and always answers questions promptly. He has a sound knowledge of the FOREX market and the training videos are easy to understand.
Since using the Forex Coach system we have been able to improve our risk reward ratio while avoiding unfavourable trades.
A.G
Auckland, New Zealand
Dear Andrew,
You are first of all a very kind and sympathetic person. You are very profesional and with you I learnt a lot about Forex. Your course is very helpful and your trading system works !! The template you installed in my computer makes it very easy to apply your strategy. You taught me not only "theory" but we also operated with live charts during the course. I saw immediately the strength of your trading system.
I recommend everybody to follow this course. It has saved me time and makes me money!! Andrew, thanks again and good luck!
C.Ropraz
Valencia, Spain
I thoroughly enjoyed Andrew’s training. It is a lot to learn in a day but a very useful course. After completion of the course I tried to combine Technical trading along with Fundamental trading. The Stop Loss, Take Profit and Fibonacci methods help a lot. Well worth doing the course for anyone who is considering to do Forex trading seriously.
Nirav Oza
Auckland, New Zealand
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