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LEARN FROM THE BEST Make Fast, Smart Currency Trades with BKForex Advisor And Receive FREE Market Analysis and Education As a Bonus! As a BKForex Advisor Subscriber, you will get:
- Standard BK Trading Signals - 2 or 3 Clear Cut Trade Recommendations Each Week
- Kathy's Calendar Calls - 5 to 15 Calendar Calls Throughout The Week For Short Term Trading Ideas
- Live Trading - Live Trading Once a Month with Boris
- Weekly Webcast - Fundamental and Technical Webcast to Prepare You For The Week Ahead, Released on Sunday
- Trends - List of the Current Technical Trends in the Currency Market
- Educational Screencasts - Video Lessons of Some our Favorite Technical Setups
- Free eBook - High Probability Trading for the Currency Market
“I am new to your trade calls - but WOW - are you guys impressive. I feel so honored to be able to see into your thinking like this, let alone to be able to jump into the trades too. I’m putting out the word to my trading friends about what you offer.” ~ Mindy R.
“Forex (and Futures) trading involves high risks, with the potential for substantial losses, and is not suitable for all persons. These testimonials may not be representative of the experiences of other customers and are no guarantee of future performances or successes.”
1. Over +4000 Pips From Jan 2008 to June 2010 2. 9 out 10 Positive Quarters 3. Clear Forecasts of Economic Data (Sample Economic Calendar with Trade Signals ) *Past results are not necessarily indicative of future results.
Over the past 2.5 years BK Forex Advisors has been one of the most accurate signal services in the currency market producing positive results in all but one calendar quarter since January of 2008. That's nine out ten calendar quarters in a row through some of the most turbulent and volatile markets in history.
During this period BK Forex Advisors beat the Barclay's Currency Index by nearly 1200 basis points vastly outperforming the industry benchmark*.
* Past performance is not indicative of future results.
Forex (and Futures) trading involves high risks, with the potential for substantial losses, and is not suitable for all persons. These testimonials may not be representative of the experiences of other customers and are no guarantee of future performances or successes.
Kathy Lien and Boris Schlossberg are employed as Co-Heads of Global Research for Global Forex Trading, a division of Global Futures & Forex, Ltd. (GFT). However, the BKForexAdvisors.com web site is maintained by 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 and BKForexAdvisors.com web site, and opinions expressed by Boris and Kathy on the BKForexAdvisors.com web site are not necessarily the opinions of GFT.
Session Based Trading
With currency markets more volatile than ever, timing the trade well has become crucial to achieving consistent success as an FX trader.After months of back testing and live testing, we have introduced our new model of Session Based Trading. At BK Forex Advisor our edge has always been to trade global economic data and with Session Based Trading we can exploit that edge even better while avoiding unnecessary volatility
By trading exclusively during the session of the economic release, we have improved our trading strategy and here is how it works:
If we are trading an event during the Asian session We put our trade on between 4:00-5:00PM EST (20:00-21:00 GMT)
If we are trading an event during the European session We put our trade on at 1:00AM EST (5:00GMT)
If we are trading an event during the North American session We put our trade on at 7:00AM EST (12:00GMT)
BE PREPARED - GET THE PLAN!
Most importantly we email you our TRADING PLAN hours before the trade is placed to give you plenty of time to prepare.
- The trading plan includes:
- Our reasons for the trade
- The currency pair that we wil be trading
TIRED OF STAYING UP ALL NIGHT TO TRADE?
With clients from Sydney to Singapore to Seattle to Seville and all the points in between we fully understand the difficult demands of round the clock FX trading. Midday in Hong Kong is midnight in New York. That's why we are introducing our second innovation at BK Forex Advisor - Set it and Forget It Trading.Set it and Forget it Trading
Not everyone can manage a trade as dynamically as we do which is why we are delighted by the ease and success of Set it and Forget it Trading. Over the past 24 months, our approach has produced an overall return of more than 3200 pips but our subscribers know that it has been a bit of a labor intensive process. However with Set it and Forget it Trading you can take advantage of our trade alerts without the need for active management, best of all YOU DO NOT HAVE TO WAKE UP IN THE MIDDLE OF THE NIGHT TO MANAGE THE TRADE.* Performance will vary from our standard alerts
How Does it Work?
With Set it and Forget it Trading, you will receive our Trading Plan at 4pm to 5pm NY Time (20 to 21 GMT), then you will also receive the trade alert based upon the Session that we will trade. You can place the trade with our limits and stops and then go to bed. If the trade is successful, you will automatically exit your entire position when the limit target is reached. If the trade misses you will be stopped on the trade.
Set it and Forget it Trading Explained
It is important to understand that with Set it and Forget It Trading method you can occasionally outperform or underperform our standard BK Trading Signals which uses a trailing stop to take advantage of a larger move.
On our standard BK Trading Signals, we trade 2 units or lots on every trade. We take profit on one unit at +30 on the trade and then move our stop to breakeven on the second unit. We then trail the stop every 20 points on the second unit as it moves further into profit. Therefore in our standard BK Trading Signals the second unit is either stopped out on the trailing basis or reaches our take profit target which is generally set at 100+ points from our entry.
With Set it and Forget it method we exit both units when the trade moves +30 points in our favor resulting in +60 point gain on the trade. Thus, on occasions when our standard BK Trading Signals yields only 30 points of gains on the first unit and stops us out at breakeven on the second unit, the Set it and Forget method will produce a higher total return on the 2 units. However when the trade moves strongly in our favor and we are able to make more than 30 points on our second unit the standard BK Trading Signals will outperform the Set it and Forget it Mode.
With Session Based Trading and Set and Forget It risk management we believe we are making BK Forex Advisor even better and easier for traders to use.
So come try the new improved BK Advisor with Session Based trade entries and Set and Forget Trading and receive all of our other benefits as well. You can choose either our standard BK Trading Signals or Set it and Forget it Signals at no additional cost.
Unlike other forex advisory or signal services, trading recommendations are just a small portion of all of the benefits you would receive.
Sample of Our Trade:
New For 2010! Introducing Kathy's Daily Calendar Calls
In addition to our trade alerts, we will be sending you DAILY Calendar calls report that will position you ahead of economic releases. Here is what it looks like:Example of Daily Calendar Calls:
We have 2 Calendar trading opportunities for February 1, 2010.
1. U.K. Manufacturing PMI @ 4:30 AM EST (9:30 GMT)
2. U.S. Manufacturing ISM @ 10:00 AM EST (15:00 GMT)
Trade Opportunity #1:
Long GBP/USD at 4:10 AM EST - 9:10 GMT ahead of UK Manufacturing PMI @ 4:30 AM EST (9:30 GMT)
Confidence Level
Fundamentals: Strong
Technicals: Weak (Trading Tip: Take Smaller Position)
Fundamentally, we are very confident that U.K. Manufacturing PMI increased in January. Based upon the CBI Industrial Trends survey which tends to have a strong correlation with the PMI report, manufacturing activity improved due to a rise in exports. Last week Chancellor Darling also said that growth will come from exports and manufacturing because manufacturing is benefiting from the fall in the GBP - he wouldn’t have made these comments if he didn’t see evidence of stronger manufacturing activity. However technically, the GBP/USD is in a strong downtrend which is not supportive of our trade. Yet PMI is one of those numbers that can cause a currency to buck its trend and we are confident enough in the fundamentals to take this trade. If the data goes our way, the trade should be good for approximately 25 to 35 pips on T1 in the GBP/USD.
Trade Opportunity #2:
Long USD/JPY at 9:40 AM EST - 14:40 GMT ahead of U.S. Manufacturing ISM @ 10:00 AM EST (15:00 GMT)
Confidence Level
Fundamentals: Medium
Technicals: Medium
From both a fundamental and technical level, we have a medium level confidence on this trade. The Chicago PMI, Dallas and Empire State manufacturing surveys suggest that manufacturing sector ISM should rise but the Philadelphia Fed index suggests that it should fall. Normally with 3 out or the 4 regional indicators pointing to a stronger number, we would lean with the majority and we are but it is important to realize that the ISM index tends to have a strong correlation with Philly Fed. Technically, USD/JPY has come out of its downtrend and broken back above the 50 and 100 day SMA which supports a long trade. If the data goes our way, the trade should be good for approximately 25 to 30 pips on T1 in USD/JPY
Testimonials on Forex Peace Army (read them on the website):
“Forex (and Futures) trading involves high risks, with the potential for substantial losses, and is not suitable for all persons. These testimonials may not be representative of the experiences of other customers and are no guarantee of future performances or successes.”
Benefits of Becoming a BKForex Subscriber
Get:
1. Standard BK Trading Signals - 2 or 3 Clear Cut Trade Recommendations Each Week
2. Kathy's Calendar Calls - 5 to 15 Calendar Calls Throughout The Week For Short Term Trading Ideas
3. Live Trading - Live Trading Once a Month with Boris
4. Weekly Webcast - Fundamental and Technical Webcast to Prepare You For The Week Ahead, Released on Sunday
5. Trends - List of the Current Technical Trends in the Currency Market
6. Educational Screencasts - Video Lessons of Some our Favorite Technical Setups
7. Free eBook - High Probability Trading for the Currency Market
You may not be aware of it but the biggest market in the world isn't stocks or bonds or even real estate. It's currencies. Every day $3 Trillion dollars worth of currency changes hands in the global foreign exchange market. More money is traded in currencies every day than on the New York stock exchange in a month!
Up until recently this fascinating market was the hidden giant of finance. It was the private playground of the largest, most exclusive financial institutions in the world such as money center banks, investment broker dealers and multi billion dollar hedge funds. However the advent of on-line trading radically reduced costs and opened this market to everyday investors and traders. Now everyone, including truck drivers from Tacoma as well as housewives from Tokyo, trade currencies alongside the biggest financial institutions in the world.
But in order to go head to head against the biggest, savviest most sophisticated players in the world, you need the right tools. At BKForex Advisor, world renowned currency strategists and best selling authors Boris Schlossberg and Kathy Lien help you to navigate through the exciting but sometimes treacherous currency market.
Boris and Kathy are regular guests on CNBC and Bloomberg TV appearing weekly on a variety of shows from CNBC Squawk Box to CNBCW Foreign Exchnage to Bloomberg Market wrap (Link here). Their research is quoted daily in such newspapers as Wall Street Journal, International Herald Tribune and the Guardian and is syndicated globally via Reuters, Dow Jones and Bloomberg news services (link here). Boris and Kathy are seasoned pros who have more that two decades of combined experience in the financial markets having traded everything from stocks to futures to options to currencies. They consider themselves traders first and analysts second always looking for the most opportune moments to enter the market.
At BKForex Advisor you have the chance to follow these pros as they cover the global currency markets tick by tick 24 hours per day 5 day per week communicating with subscribers via email, SMS and real time chat. With BKForex Advisor having two heads is truly better than one as Boris kicks off the action by watching the late Asian and early European session while Kathy picks up the baton at the start of the North American trade all the way into the opening of the next day in Asia. Working as a team they are able to analyze and quickly respond to the latest geo-political and economic developments generating fresh trade ideas for you.
At BKForex Advisor you never receive cryptic directives to simply buy and sell currencies like a robot. Rather, every recommendation is explained in a clear, simple language with Boris and Kathy carefully laying out both the fundamental and technical reasons for each trade. Every recommendation also contains specific target and stop levels. This way you as a subscriber can make an informed decision about which trade idea is right for you.
Not only do Boris and Kathy provide you with specific trading recommendations, but they trade along side with you and monitor the positions in real time, sending you trailing stop alerts along the way.
But trade ideas are only the tip of the iceberg. At BKForex Advisor Boris and Kathy not only want to offer you great trade recommendations but also provide you with the tools to construct your own market beating FX trades. Everyone knows that news surprises move the currency markets, but in order to profit from these moves you need to have a good idea of what economic releases will have the strongest chance of catching the market off guard. As BKForex Advisor subscribers you will be privy to Boris and Kathy proprietary analysis of the most attractive trades in the week ahead along with a clearly marked spreadsheet that showing their directional biases on major economic releases amongst G10 nations.
As BKForex Advisor you will also have exclusive access to screencasts of some our best technical setups. These screencasts which are essentially short movies that can be viewed anytime at your convenience with only the use of a Web browser will show you exactly how B&K identify and trade key technical patterns and will help you to construct your own trade setups based on these time tested ideas.
Finally, for those of you who like the excitement of high frequency trading, you'll have a chance to watch Boris' demo high frequency setups as he teaches you the keys to successful short term trades using both fundamental triggers and technical price levels. Boris will show you how to trade event risk against the bigger picture of the market theme. He'll show you when it's worthwhile to follow the market and when its best to fade it. And he'll demonstrate a variety of advanced money management techniques including 1 and 1, 2 and 1 and 1 and 2 trade entries that will help you to minimize losses and optimize gains. You'll get to practice on a demo account, so that you can learn these techniques at your own pace without being afraid of making mistakes with real money.
At BKForex Advisor Boris and Kathy not only call trades, but also teach you how to read the markets yourself. All for less than the price of Broadway show.
Frequently Asked Questions about the Trading Service
