Battle Tested Forex Trading Strategies

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 73

BattleTestedForex TradingStrategies

KathyLien www.bkforexadvisors.com

*Pastperformanceisnotindicativeoffuture results.
Tradingforeignexchangeonmargincarriesahighlevelofrisk, andmaynotbesuitableforallinvestors.Thehighdegree ofleveragecanworkagainstyouaswellasforyou. Beforedecidingtotradeforeignexchangeyoushouldcarefully consideryourinvestmentobjectives,levelofexperience,andriskappetite.Thepossibilityexiststhatyoucouldsustaina lossofsomeorallofyourinitialinvestmentandthereforeyou shouldnotinvestmoneythatyoucannotaffordto lose. Youshouldbeawareofalltherisksassociatedwithforeignexchangetrading,andseekadvicefromanindependent financialadvisorifyouhaveanydoubts. KathyLienandBorisSchlossbergareemployedasDirectorofCurrencyResearchforGlobalForexTrading,adivisionof GlobalFutures&Forex,Ltd.(GFT).However, BKForexAdvisor,whichisacompanyownedandoperatedbyKathyand BorisseparatelyandindependentlyfromtheiremploymentwithGFT.GFTdoesnotcontrolthecontentofthe BKTraderFX.comwebsite,andopinionsexpressedbyBorisandKathyontheBKTraderFX.comwebsitearenotnecessarily theopinionsofGFT.FX360 iseitheraregisteredtrademarkoratrademarkofGlobalFutures&Forex,Ltd.,inthe UnitedStatesand/orothercountries. Thisinformationshouldnotbereliedonasasubstituteforextensiveindependentresearchbeforemakingyour investmentdecisions.BKForexAdvisorismerelyprovidingthisforyourgeneralinformation.Theviewsofthisauthorare notnecessarilythoseofGlobalForexTrading,itsowners,officers,agentsorotheremployees.Inaddition,anyprojections orviewsofthemarketprovidedmaynotprovetobeaccurate.GlobalForexTradingwillnotberesponsibleforanylosses incurredoninvestmentsmadeasaresultofanyinformationcontainedinthispresentation.GlobalForexTradingand BKForexAdvisordonotrenderinvestment,legal,accounting,tax, orotherprofessionaladvice.Ifinvestment,legal,tax,or otherexpertassistanceisrequired,theservicesofacompetent professionalshouldbesought.

Volatility

Source:http://toddballenger.typepad.com/.a/6a00d8341d94e353ef015393ca934e970b500wi

Doyoueverfeellikethis?

Source:captaincurrency.blogspot.com
B

TechnicalAnalysis OnlyTwoTypesofMarkets

Source:DealBook 360

Whydosomepeopleliketotrade trendandothersliketotraderange? Whatdoyoulike? Whichisbetter?

Source:DealBook 360

Whatisit trendorrange? Howdoyoudefineit?

20SMA ADX

TechnicalAnalysis

Source:DealBook 360

Source:DealBook 360

UsingdoubleBollingerBandsto tradetrendandrange

Whatisthestandardwayto tradeBollingerBands?

Source:DealBook 360

Source:DealBook 360

Source:DealBook 360

Source:DealBook 360

Source:DealBook 360

Source:DealBook 360

WhataredoubleBollingerBands? 20Period,2StandardDeviation 20Period,1StandardDeviation 2BB=OuterLines 1BB=InnerLines

1.UsingBBtodeterminetrendor range

Source:DealBook 360

Source:DealBook 360

Source:DealBook 360

2.UsingBBtopicktopsand bottoms

Source:DealBook 360

Source:DealBook 360

3.UsingBBtobuyatvalue

Source:DealBook 360

Source:DealBook 360

4.UsingBBtoenternewtrend

Source:DealBook 360

Source:DealBook 360

Increaseyourchanceofsuccess bykeepinganeyeondata.

Increaseyourchanceofsuccess byusingtheT1T2Method

Tradingtwolotsallowsyoutoletprofitsrun.

Whatistheperfectorder?

UpTrend
10SMA 20SMA 50SMA 100SMA 200SMA

DownTrend
200SMA 100SMA 50SMA 20SMA 10SMA

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 1. Short at 50 2. Stop 00 (Round Number) 2. Stop 00 (Round Number) 3. Target 35 Pips (1.3085) 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
Watchthecurrencypair Closeatorabovethe3SDBB

X-Treme Fade

Source:DealBook 360

X-Treme Fade
Step # 2 Waitforthepairtomovefrom 3SDtothe2SD lookforaclose*
*Belowfor2SDLong *Abovefor2SDShort

X-Treme Fade

Source:DealBook 360

X-Treme Fade
Step # 3 Checktoseeif ADXislessthan25

X-Treme Fade

Source:DealBook 360

X-Treme Fade
Step # 4 Longtrade:Buyatopenofnextcandle Shorttrade:Sellatopenofnextcandle

X-Treme Fade

Source:DealBook 360

X-Treme Fade
Step # 5 Stop Swinghighorlow Approx1520pips

X-Treme Fade

Source:DealBook 360

X-Treme Fade
Step # 6 Target 1xRiskandtrail OR 2xRisk

X-Treme Fade

Source:DealBook 360

X-Treme Fade

Source:DealBook 360

AtBKForex,wetradeoffer ShortandSwingTrading Signals

LetsGetDownToBusiness..

TradingPlan=BusinessPlan Ifyoudontwriteit,you wontdoit.

1.Howwillyoutrade? 2.Whatwillyoutrade? 3.Whatriskcontrolwillyouuse? Updatesalongtheway

Questions

*Pastperformanceisnotindicativeoffuture results.
Tradingforeignexchangeonmargincarriesahighlevelofrisk, andmaynotbesuitableforallinvestors.Thehighdegree ofleveragecanworkagainstyouaswellasforyou. Beforedecidingtotradeforeignexchangeyoushouldcarefully consideryourinvestmentobjectives,levelofexperience,andriskappetite.Thepossibilityexiststhatyoucouldsustaina lossofsomeorallofyourinitialinvestmentandthereforeyou shouldnotinvestmoneythatyoucannotaffordto lose. Youshouldbeawareofalltherisksassociatedwithforeignexchangetrading,andseekadvicefromanindependent financialadvisorifyouhaveanydoubts. KathyLienandBorisSchlossbergareemployedasDirectorofCurrencyResearchforGlobalForex Trading,adivisionof GlobalFutures&Forex,Ltd.(GFT).However, BKForex Advisor,whichisacompanyownedandoperatedbyKathyand BorisseparatelyandindependentlyfromtheiremploymentwithGFT.GFTdoesnotcontrolthecontentofthe BKTraderFX.com website,andopinionsexpressedbyBorisandKathyontheBKTraderFX.com websitearenotnecessarily theopinionsofGFT.FX360 iseitheraregisteredtrademarkoratrademarkofGlobalFutures&Forex,Ltd.,inthe UnitedStatesand/orothercountries. Thisinformationshouldnotbereliedonasasubstituteforextensiveindependentresearchbeforemakingyour investmentdecisions.BKForexAdvisor ismerelyprovidingthisforyourgeneralinformation.Theviewsofthisauthorare notnecessarilythoseofGlobalForex Trading,itsowners,officers,agentsorotheremployees.Inaddition,anyprojections orviewsofthemarketprovidedmaynotprovetobeaccurate.GlobalForex Tradingwillnotberesponsibleforanylosses incurredoninvestmentsmadeasaresultofanyinformationcontainedinthispresentation.GlobalForex Tradingand BKForexAdvisor donotrenderinvestment,legal,accounting,tax,orotherprofessionaladvice.Ifinvestment,legal,tax,or otherexpertassistanceisrequired,theservicesofacompetent professionalshouldbesought.

You might also like