Get forex trading signals with www.bkforexadvisors.com, learn to trade forex and get forex trading strategies from Boris Schlossberg Kathy Lien
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{ 6 comments… read them below or add one }
Hello BK,
thank you for your videos!
What programm do you use for your equity curve shown in the video?
Thanks a lot
Everything I describe I trade with my own money in REAL time – that why I use Oanda which marks my trades so that no one can accuse me of just cherry picking the charts. As you you can in the video I get stopped out a lot. But in the end this strategy made 75 points last week and I posted the equity curve to show its progress.
I welcome any critique you may have- but next time try to make your argument on facts and analysis, rather than just broad generalities.
tech you are entitled to your opinion – but your criticism of the strategy is totally without merit.
I suggest you actually LISTEN to the video instead of bloviate about the “risk” in the FX market.
Of course this is a low reward strategy – but it is also a low risk strategy because it uses very tight 10-15 point stops. If you abandon that key component of the strategy then you will do doubt blow up.
And it all looks so good when u can say u buy in retrospect… Someone who is good at this would already have sold it on it’s way down… And never trade using 5 mins charts… Unless you’re a scalper, trying to scalp 5-10 pips each trade… only to be wiped out in a trade again you… Nothing against you Boris. I love to read your views and analysis, but I wouldn’t trade with you or your strategies. Sorry about that.
I think this strategy is totally useless… Looking at 5min charts?! You’re looking at only 10-20pips for your profit? That’s pretty lame when you consider the risk in the forex market. Bollinger bands rarely provide any useful guidance in runaway markets of 200-300 pips. I would wait a long time before I use this in my own setup. Esp. to buy when it break from the lower band?! And how do you determine the key “00″ levels? This is a super-risky “strategy”; if you can call it a “strategy”…
Very good blog! Do you have any suggestions for aspiring writers? I’m planning to start my own website soon but I’m a little lost on everything. Would you suggest starting with a free platform like Wordpress or go for a paid option? There are so many options out there that I’m totally confused .. Any recommendations? Thank you!