Trading Plan - Trade for a living, invest for life   
 forex guideDiscover how I trade, with my FREE 55 page guide to forex trading! - Grab your copy now

In this easy reading guide, I reveal the tips, techniques and lessons that I have learnt which have helped me to become a successful forex trader.  Grab your FREE copy by simply completing the details below, and discover how you can follow in my footsteps, as I guide you along the path to success.


Trading Plans

Home Page: The concept of a plan is accepted as standard practice in everyAnna - trading plan for currency trading walk of life, whether in business or in our personal lives, yet in trading no-one ever has a plan. It is one of the things I focus on in my FREE live training rooms which you are welcome to join. I teach and trade and will help you become a better trader, so join me NOW.

If you want to catch up with my latest market forecasts, simply click on the link here to my personal site where I write daily analysis on all the markets - Anna Coulling.

Everyone plans, whether it is a holiday, starting a new business, planning a family, or planning for retirement, we all plan in some way and at some point in our lives.  Some of us have five year plans in our personal lives setting out our personal goals and aspirations of where we want to be in the next five years.

Discover the power of volume price analysis - on Amazon NOW

A-Complete-Guide-to-Volume-Price-Analysis-book-cover-design-1bThis is the book I have been meaning to write for many years. Finally, I have found the time to do just that!

Now a No 1 Best Seller: International Foreign Exchange

Volume has been the cornerstone on which my own trading career has been built. It was where I started, and I consider myself fortunate to have done so. Why? Because volume and price are the ONLY leading indicators of future market activity. Many traders never discover their awesome power until it's too late, relying on lagging indicators, which.........lag the market. Now finally it's here. In the book you will discover the unique approach that is VPA, or Volume Price Analysis. Price on it's own is just that - a price. Volume on it's own is just that - volume. But combine them together, and just like adding saltpetre, charcoal and sulphur, they become an explosive mixture. Your charts will quite literally EXPLODE into life. Suddenly you will have the insight to read the next market move, before it happens. Now, with VPA your trading will become stress free and enjoyable. Why? Because your trading decisions will be based on logic and common sense. The insiders simply CANNOT hide market activity from view. All you need to do is interpret the volume price relationship - then simply follow them. AND YES - even in the spot forex market!!

Discover how in the book, and your own success will follow

Here are some of the wonderful comments I have received on emails from customers who have bought the book - thank you so much - Anna

Dear Anna, I want to thank you so much for providing retail traders with a wonderfully written, fun to read, and very smart book ! I just finished your “A Complete Guide to Volume Price Analysis” and found it thoroughly enjoyable, and very, very informative. I had been introduced to some of these concepts before ( “volume spread analysis”) but have to tell you that your style and approach is a lot easier to comprehend, and a lot easier to actually put into practice.  JK

Dear Ms Coulling, I found your book on Amazon by chance, after having typed in Trading using Volume Price Analysis. Got the book this week, and I am already half way through it. Your exposition of the volume behaviour in the market and how different price bars relate to volume is fantastic. It truly is an eye opener. I have been interested in the Wyckoff approach for a while, but have not found something as clear as your book. Thanks for writing such a great book. SG

And now for another......

If you are new to the world of forex trading, then the following book may be for you. I remember what it was like when I first started and it can be a confusing and complex market to interpret.

In the book I explain the forces that drive the markets, and the broad approaches to analyzing market behavior. I hope it will provide the background knowledge to help you become a better trader, as you enter the world of forex trading.

An introduction to the forex market - on Amazon NOW!

A Three Dimensional Approach to Forex Trading book cover design 3e

Success for many traders remains an elusive dream, and whilst the trading process itself is relatively simple and straightforward, the markets themselves are most certainly not. Indeed of the four principle markets, forex is the most complex of all, and yet is promoted as one that could be your own personal ATM machine. Nothing could be further from the truth, which is why many aspiring traders ultimately fail and either give up, or move on. This is a great shame, as it's not their fault, and is simply because no-one has ever explained how the markets, and in particular, the forex markets, really work.

If this sounds familiar, then this book is for you.

The forex market is far from simple, and the tools and techniques you will need to survive and prosper are varied. Many budding traders approach the world of foreign exchange in a one dimensional way, either in adopting one single analytical technique, or by assuming that this market works in isolation to all others. Both are equally dangerous. The forex market sits at the heart of the financial world. After all, every decision by every speculator, trader or investor is about one thing, and one thing only - money. The FX market embraces every aspect of risk and return in financial terms, which is then overlain with the political and central bank manipulation, all part and parcel of this world. To succeed as a forex trader, you need to equip yourself with the tools, the knowledge and the techniques to take on the immense forces ranged against you. Approach the forex market with a pea shooter and you will simply become another casualty. Arm yourself with this book, and you will then enter the forex trading world, fully mobilised with the appropriate weapons, of which knowledge and insight are the most powerful.


Click here to grab your copy from Amazon - NOW 


And don't forget as the late great Jesse Livermore once said: "It [the market] is designed to fool most of the people, most of the time"

Coming soon - on Amazon Kindle, and in paperback

Forex For Beginners Cover 1 - Purple

Forex For Beginners is a step by step guide to help you get started in the exciting world of forex trading. The book leads you by the hand, from explanations of how and why we have a forex market, how it works, and the mechanics of placing trades. The various analytical approaches are explained in detail, along with understanding the importance of volume and price. From there, the book moves on to explain the concepts of margin and leverage, trading plans, quantifying risk money management, and position sizing. Then, it’s putting it all together, as we walk through complete trades together, from start to finish, with several worked examples. Finally, the book explains key elements of the MT4 platform, and how to place and manage trades. Throughout the book there are hundreds of images and pictures, with simple explanations, to help explain everything clearly, so you will learn fast - and nothing has been left out. If you want the complete book, from novice to placing your first trade, and everything in between, then this is the book for you! The book will be published in the next couple of weeks at a very special promotional price, so please grab your copy FAST. As always - thank you all so much for your kind comments and feedback on my other books. I cannot tell you how touched I have been, and I hope that you enjoy this book, as much as the other two. As soon as it's available, I will add the link here. All best wishes many thanks - Anna

Battlefield commanders plan their campaigns, political leaders plan their strategies to win elections, business leaders plan the future direction of the business either operationally or strategically. In short we all plan to succeed. And yet in one field of endeavour most people have no plan whatsoever - this field is of course in trading. Nobody ever has a trading plan!!!

For those of you who have found your way here from my Trading and Investing Site - Making Bread, you are no doubt already familiar with my background as a full time forex trader. For those new visitors - A very warm welcome  - All the information on my sites is provided free of charge, and I am always happy to answer any questions, just click on the ask Anna link above to send me an email. I speak from experience, and yes, I have always made money in the all the markets I have traded.  The trading site provides a comprehensive introduction to many aspects of trading, and I am currently developing several other sites, such as this one, which focus on particular aspects of trading such as forex, options, call writing, and technical analysis.

    If you would like to follow some of my trades, I do post regularly on Twitter which is often called a "micro blogging" service. For those of you who are not familiar with it, it is simply a quick way to stay in touch with friends, family and news. You only link to people who are of interest to you, and the longest message is limited to 140 characters, so messages are short and sweet! It is ideal for me as I can update very quickly from my screen with details of possible trades, opportunities, news and also details of when my other sites have had new posts added, so you are always in touch. If you would like to follow me, and you already have a Twitter account, please just click on the "follow me on twitter" link above, or alternatively open an account with Twitter and then follow me. In addition I am also on Facebook, and MySpace, and would be delighted to hear from you there. I will shortly be opening a trading room on FriendFeed which will be available for you to meet other traders and investors and to discuss trading ideas, problems and strategies, along with access to my own trading suggestions. So there is a great deal going on at the moment, and please don't forget, you can always ask me a question at the new 'Ask Anna' site, or simply review trading questions asked by others so I hope you enjoy this new site.

    I am in the process of updating all my sites which will include daily posts and videos by me, about future market directions, suggested trades, and opportunities for future trades. In addition when a site has been updated with a new post or video then these details will also appear immediately, which I hope you will find useful, and I look forward to welcoming you via one of the above.


    Trading Plans: Trading With No Plan

    I have often tried to rationalise why it is that most traders have no plan whatsoever. It seems to be a combination of several factors but the primary one's I believe are as follows :

    1. They have no idea how to write one
    2. They do not consider it necessary
    3. It is boring
    4. Making money is much more fun
    5. Successful traders don't have plans
    6. I have a mental plan

    I am sure you have all come across the saying that goes something like this : " the person who fails to plan is planning to fail" - it has never been more appropriate than in the business of online trading. Notice that I call it a business, because that what it is. I make my living from trading and therefore to me it is a business. If you are involved in trading for fun, I would suggest that you try online poker or online gambling, as you will still lose all your money, but it will give you your adrenalin fix, and you will enjoy it more. Trading is a business, short and simple. It is about making money, and like any other enterprise requires planning and attention to detail if you are to succeed.

    Of the six points listed above, the one that I hear most often is number 6, which is that he or she has a plan in their head. So to you use a business analogy for a moment, when approaching your bank for a business loan for a new venture, your response to the question " may I see your business plans" would be " don't worry, I have it all in my head" - I don't think so!!!!!! One of the first rules of a trading plan is that it must be written down. You might ask why? - good question - it is simply that if it is written down you will adhere to the rules you have written for yourself. If it not committed to paper, you will not.

    It is much the same as with a stop loss. When I ask traders where there stop loss is, they say " I only keep mental stop losses". The reason they do this is fear that they will be forced to stop a losing trade. With a mental stop loss they can keep moving it down mentally which defeats the whole purpose. I have never yet found a successful trader who works with mental stop losses. These traders trade using emotion - a hopeless way to trade - you will never make money as the twin emotions of fear and greed will always be your enemy. We have a plan for a reason. It defines your trading in a set of simply stated goals, rules and objectives. It provides the foundation and the framework for your business. You could give it to someone to read and it would make perfect sense as a business plan. This is the purpose of this site in a nut shell - to help you write a simple, clear and concise trading plan, that would make sense to a non-trader. The fact that they do tells me everything I need to know about them as a trader which is :

    1. They are unable to take a loss
    2. They trade using emotion
    3. They have no plan
    4. They live in hope of making a profit

    So where do we start - as always at the beginning and as simply as possible by defining our goals and objectives before we can begin to write our online trading plan.


    Trading plans - next page