Battle Tested Forex Trading Strategies Kathy Lien www.bkforexadvisors.com
*Past performance is not indicative of future results. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Kathy Lien and Boris Schlossberg are employed as Director of Currency Research for Global Forex Trading, a division of Global Futures & Forex, Ltd. (GFT). However, BKForex Advisor, which is a company owned and operated by Kathy and Boris separately and independently from their employment with GFT. GFT does not control the content of the BKTraderFX.com web site, and opinions expressed by Boris and Kathy on the BKTraderFX.com web site are not necessarily the opinions of GFT. FX 360 is either a registered trademark or a trademark of Global Futures & Forex, Ltd., in the United States and/or other countries. This information should not be relied on as a substitute for extensive independent research before making your investment decisions. BKForexAdvisor is merely providing this for your general information. The views of this author are not necessarily those of Global Forex Trading, its owners, officers, agents or other employees. In addition, any projections or views of the market provided may not prove to be accurate. Global Forex Trading will not be responsible for any losses incurred on investments made as a result of any information contained in this presentation. Global Forex Trading and BKForexAdvisor do not render investment, legal, accounting, tax, or other professional advice. If investment, legal, tax, or other expert assistance is required, the services of a competent professional should be sought.
Volatility Source: http://toddballenger.typepad.com/.a/6a00d8341d94e353ef015393ca934e970b 500wi B
Do you ever feel like this? Source: captaincurrency.blogspot.com B
Technical Analysis Only Two Types of Markets
Source: DealBook 360
Why do some people like to trade trend and others like to trade range? What do you like? Which is better? K
Source: DealBook 360
What is it trend or range? How do you define it? 20 SMA ADX B
Technical Analysis Source: DealBook 360
Source: DealBook 360
Using double Bollinger Bands to trade trend and range
What is the standard way to trade Bollinger Bands?
Source: DealBook 360
Source: DealBook 360
Source: DealBook 360
Source: DealBook 360
Source: DealBook 360
Source: DealBook 360
What are double Bollinger Bands? 20 Period, 2 Standard Deviation 20 Period, 1 Standard Deviation 2 BB = Outer Lines 1 BB = Inner Lines
1. Using BB to determine trend or range
Source: DealBook 360
Source: DealBook 360
Source: DealBook 360
2. Using BB to pick tops and bottoms
Source: DealBook 360
Source: DealBook 360
3. Using BB to buy at value
Source: DealBook 360
Source: DealBook 360
4. Using BB to enter new trend
Source: DealBook 360
Source: DealBook 360
Increase your chance of success by keeping an eye on data.
Increase your chance of success by using the T1 T2 Method
Trading two lots allows you to let profits run.
What is the perfect order?
Up Trend 10 SMA 20 SMA 50 SMA 100 SMA 200 SMA Down Trend 200 SMA 100 SMA 50 SMA 20 SMA 10 SMA
Source: DealBook 360
Source: DealBook 360
Source: DealBook 360
Source: DealBook 360
Short Term Trading
Strategies BK Flow
Parameters Long Trade Short Trade 1. Long at 50 2. Stop 00 (Round Number) 3. Target 35 Pips (1.3085) 1. Short at 50 2. Stop 00 (Round Number) 3. Target 35 Pips (1.3015)
BK Flow Source: DealBook 360
BK Flow Source: DealBook 360
BK Flow Source: DealBook 360
BK Flow Source: DealBook 360
Strategies X-Treme Fade
X-Treme Fade Indicators 1. Bollinger Bands 20, period, 3 standard deviation 20 period, 2 standard deviation 2. ADX < 25 3. 15 Minute charts
X-Treme Fade Step # 1 Watch the currency pair Close at or above the 3 SD BB
X-Treme Fade Source: DealBook 360
X-Treme Fade Step # 2 Wait for the pair to move from 3SD to the 2SD look for a close* *Below for 2 SD Long *Above for 2 SD Short
X-Treme Fade Source: DealBook 360
X-Treme Fade Step # 3 Check to see if ADX is less than 25
X-Treme Fade Source: DealBook 360
X-Treme Fade Step # 4 Long trade: Buy at open of next candle Short trade: Sell at open of next candle
X-Treme Fade Source: DealBook 360
X-Treme Fade Step # 5 Stop Swing high or low Approx 15 20 pips
X-Treme Fade Source: DealBook 360
X-Treme Fade Step # 6 Target 1x Risk and trail OR 2x Risk
X-Treme Fade Source: DealBook 360
X-Treme Fade Source: DealBook 360
At BKForex, we trade offer Short and Swing Trading Signals
Let s Get Down To Business..
Trading Plan = Business Plan If you don t write it, you won t do it.
1. How will you trade? 2. What will you trade? 3. What risk control will you use? Updates along the way
Questions
*Past performance is not indicative of future results. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Kathy Lien and Boris Schlossberg are employed as Director of Currency Research for Global Forex Trading, a division of Global Futures & Forex, Ltd. (GFT). However, BKForex Advisor, which is a company owned and operated by Kathy and Boris separately and independently from their employment with GFT. GFT does not control the content of the BKTraderFX.com web site, and opinions expressed by Boris and Kathy on the BKTraderFX.com web site are not necessarily the opinions of GFT. FX 360 is either a registered trademark or a trademark of Global Futures & Forex, Ltd., in the United States and/or other countries. This information should not be relied on as a substitute for extensive independent research before making your investment decisions. BKForexAdvisor is merely providing this for your general information. The views of this author are not necessarily those of Global Forex Trading, its owners, officers, agents or other employees. In addition, any projections or views of the market provided may not prove to be accurate. Global Forex Trading will not be responsible for any losses incurred on investments made as a result of any information contained in this presentation. Global Forex Trading and BKForexAdvisor do not render investment, legal, accounting, tax, or other professional advice. If investment, legal, tax, or other expert assistance is required, the services of a competent professional should be sought.