Forexearlywarning Owners
The founder of ForexEarlyWarning is Mark Mc Donnell. With his trading partners, business managers and consultants he established the company and the philosophy of having a low cost trading plan service including all forex education at no additional cost. Marks background includes his work with a major brokerage firm in equity and mutual fund trading. Marks personal trading journey started with equity options, then expanded to stock trading.
When the retail spot forex trading arrived in 2002, Mark was fascinated with this new market, the liquidity, the leverage, and the 24-hour trading. He studied the forex and concluded that the "Big Lights Method" of multiple timeframe analysis combined with a written forex trading plan applied to red and green light software was the soundest approach to trading the spot forex. Many traders agreed and there is an army of traders who believe in the method Mark developed.
After a period of time Mark developed a set of free trend indicators that mimicked the red and green light software. He has provided these indicators to thousands of traders at no cost to promote the use of multiple time frame analysis and using price alarms to monitor trends and currency pair movements and trends.
In late 2007 Mark designed The Forex Heatmap®. This new forex trading tool, The Forex Heatmap®, allows forex traders to check the condition of the market at the point of trade entry or anytime during the trading week. The Forex Heatmap® is a real time visual map of the spot forex and produces pips and solid trade entry signals across 28 currency pairs daily on the forex market. Once again everyone using this real time visual map of the forex market agrees that it is a winner for trading. Version 2.0 and 3.0 have subsequently been developed.
In February 2013, Mark Mc Donnell has partnered with Joel Beal, Rick Turner and Dan Weiand as joint owners in Forexearlywarning. These three individuals started out as clients of Forexearlywarning and full time traders. Through their own actions proved that they were concerned about having forex traders follow a system that was effective and shared Mark's philosophies about forex market analysis. They share responsibilities with Mark running the day to day operations of the company.