Login:
   
   Password:
   

Tired of bad advice and losing money?

Come and join us in a haven for quality
learning and making money.

Read More | Watch video | Sign Up



What is Profit Mongers?

Profit Mongers is a high-end professional trading organization, specializing in Forex, futures and stocks. Three well established professional traders, who primarly trade for a living, generously provide all of their experience, insights and commentary to our members. You can participate in a live, interactive, trading room enviroment during the European and U.S. trading sessions with a full time access to these professional traders and other traders such as yourself.


One membership, a full basket of services.

We want you to grow, learn and be successful. We believe that to make money, every trader should have an access to a few critical tools. Here are the benefits of our membership:

  • Trading Room. Our trading room allows you to trade live with one of our three expert traders, known as Head Mongers, during our European, New York, or Asian sessions. You can also trade Key News Trades.
     
  • One Service, Three Expert Traders. With one low monthly fee, you have access to several elite traders with differing styles, and trading approaches.
     
  • Key Levels. Our Trading Experts continually update this critical tool with key pair support and resistance levels, which keeps our members continually alerted to expected market movement.
     
  • Cutting Edge News Feed. Every Profit Monger member receives access to "Just the News," providing over 400 key news releases a month with only five second delay. This incredible tool ensures key news releases will be at your fingertips, ensuring your constant up-to-date awareness of potential market condition changes.
     
  • Education. Profit Mongers is committed to provide member traders of all styles and experience levels ongoing education to solidify and enhance their trading expertise. Browse our training video library 24/7, so you can learn and grow your trading knowledge at your convenience.
     
  • Community. Profit Mongers was founded on the philosophy of traders of every experience level coming together to help each other. We have members from around the world, and of every experience level, all working and communicating with each other to help our membership as a whole grow and maintain profits.
     
  • Buffet-style Service. Part of the Profit Monger's experience is trying various features and services, and finding the ones that suit your circumstances best. Just like a lavish buffet, our features and services offer something for everyone, be it scalper, swing trader, position trading, with either technical and/or fundamental philosophies.
     
  • Read More | Watch video | Sign Up


Our chief goal is helping you become a profitable trader

We run a premium trading service focused on providing education and trading assistance to traders of all skill levels. Although our primary market focus is Forex, or currency trading, we also trade stocks, options, and various futures contracts (gold, silver, oil, equity indexes), so we cover a bit of everything. We feel that many different markets are closely interrelated and experience in one market will help you trade another more effectively. If you're primarily focused on Forex trading, or if you trade another market but you'd like to expand into Forex, then Profit Mongers is perfect for you.



Why should you subscribe?

  • learn from three solid traders
  • make money while you go
  • access to thorough fundamental and technical analysis
  • tons and tons of good quality tips, advice and education
  • fun and stimulating community atmoshpere

Read More | Watch video | Who are we? | Sign Up

Free Key Levels Recap

Read all Cactus Jack Key Levels Recap


HM CactusJack , 2010/08/31

Monday we witnessed a rally in USD/JPY spurred on by monetary easing by the Bank Of Japan . However this rally quickly faded and we now see USD/JPY trading at a new low just above 84.20.This is well below the old support level we saw last week at 85.00.

A new heavy round of risk aversion has engulfed the market as we start the trading week. Today
we saw the market give up almost all of Fridays gains.With the DOW trading at 10,010 and the S&P trading at 1,0459. We will need to keep an eye
on these important support levels. A clean break below them will trigger a sell off to lower levels of support.

Free Market Daily Signals

Read all Sir Pips Daily Signals


Sir Pipsalot , 2010/09/03

Hey folks,

EUR/USD continues to work out it's potential topping pattern, but a final thrust higher near 1.2900 is likely before a selloff, so I would consider shorting EUR/USD in the 1.2870-1.2910 range if it gets there Friday.

USD/JPY is still a good short around 84.30 or higher as it plays a range and sets up hopefully for a selloff to new lows. See Thursday's signal for more on my USD/JPY trade.

EUR/GBP has entered an area of resistance here above 0.8300 that may top it out for a few days. If you haven't already, I'd consider taking come partial profits. I still plan to hold out with my long through the volatility for a final run towards 0.8600 that should come after the pending retracement.

Stocks managed to push a bit higher today but should be setting up for a multi-day high at the least. I'd look for jobs data to create some stock market volatility today, but ultimately top us out and point us lower into early next week. If you s...

read more

Copyright © 2010 Profit Mongers. All Rights Reserved.   Contact Us | Privacy Policy | Risk Disclosure