Get forex trading signals with http:www.bkforexadvisors.com, learn to trade forex and get forex trading strategies from Boris Schlossberg Kathy Lien.
Tips For Successful Forex Trading
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Get forex trading signals with http:www.bkforexadvisors.com, learn to trade forex and get forex trading strategies from Boris Schlossberg Kathy Lien.
Hi Boris/Kathy, would you answer my question the comment below? I have automated the strategy and back-tested it, and found it losing. Thanks
Hi BKTrader, I’ve just found this video, and as I see it’s 2+ years old. I’d like to find out if there is any adjustment made to this strategy. Also, could you please tell what the settings are for this double Bollinger bands? Thanks
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Could someone earn a living by just trading big bar (gap ups/down) retracements? I find those to be the most profitable trades when going with the general immediate trend. I’ve been aiming only for 3 to 5 pips with a 7 pip stop loss.
Hey, I will show you how I make a lot of easy money sharing links and uploading videos. Search for royalty free music. Upload all the stuff somewhere. Then sign up with bee4biz (Just Google it) and use them to protect your download link. Make a video advertising your royalty free download and post protected download link in description. bee4biz will pay you when people complete a survey to unlock your download link. They pay weekly via PayPal.
I prefer the robot system becouse it’s more profitable. btw i have free one!
My friends this site Forex Signals and analysis is free, but the policy of the site here does not allow me to publish the link so I will put the site name in brackets (forex4signals)
interesting but blurred image means you can’t see the charts and axis values clearly. would be nice to see in HD!
hi , is your equity curve from oanda platform. or you using something else ?
yeah,that’s rite..im asian..im so lucky..thank you for your good info,bro..
:)
It’s true traders need to understand risk and proper money management..but you can still do that will negative risk reward ratios or higher risk low reward ratio such as 30 pips risk, 15 pip target. I have a similar method that does that..
It’s basic math : 7 wins and 3 loss will be net you 45 pips. (70% win rate)..
Also higher risk to lower reward ratio is suppose to give you a high probability of winning because it’s easier to hit a lower target… it’s good the psych too.
Great video, love the scalping technique. Quick question though, as your shooting to take a trade on the retracement of a large candle, what stops you from reversing position once you take your 7 pips (or however much you decide to run with) then setting a another tight stop below your reversed position and scalping that along the direction of the big candle? What would be the downsides to that, the risks etc.
Thanks
7 AM GMT to 22 GMT – basically London to New York sessions, but this actually works pretty well in Asia as well
Why is the video "no longer available"? Bummer!
Good Point I would not trade this setup with MORE than 1MM notional. 500K would work fine in EUR/USD and USD/JPY but you should always test it on smaller amounts.
Trading is not logical but psychological and applying the laws of physics and the concomitant statistics to it is a fallacy that makes fools of many smart people. I appreciate your input but we will just have to disagree. Trading not about being statically right. It about making money. You comment about negative R/R could not be more wrong BTW and shows you don’t have much practical experience i the markets
Thanks for your insight but you sound like someone who is very versed in science but has never traded in his life. Scientists and engineers and people who think like them make the WORST traders (witness Wall Street today driven into bankruptcy by all the quants.
This approach makes real money under real trading conditions as "evidenced" by the equity curve. Could it just be dumb luck as you claim? Perhaps, but I will stick with it until the equity curve begins to disintegrate. Trading is the most pragmatic of all disciplines. It could not care less about elegant statistics. It only cares about risk control and profit making.
Statistics offer only a marginal value to making profits from trading. If it was otherwise books like Evidence Based TA would be recipes to print money alas they are not.
Do you have a specific risk reward ratio as a standard? Also I’ve begun reading "Technical Analysis of the Currency Market"…so far it’s awsome, entertaining as well as informative. Are the majority of currency questions contained therein…and if so I’ll stop persting… 🙂 Thank you again.
Thank you for your quick response. I’m very new to this whole forex thingy 🙂 I have had several great runs of luck though, just by following the technicals given on the fx360 website. (Been bitten once or twice as well in the past week but no real harm done). (continued in next post…….)
It the previous video from the past two weeks
I only use BB’s which have an implied 20 SMA in them
You need to test your broker to see if that the case
People will always lose money because no systematic approach ever works over the long run. There is no system with rigid rules that ever makes money. This is a framework that allows people to use statistically generated tactical entries that has worked well not because of the system but because of the discipline I employed,