I've backtested this strategy on different forex pairs, be aware the more realistic winning rate is 50-60%. By far not 91% on a larger sample size as Kathy states. A 1:1 RR won't give you much of an edge, aim for 1:1.5 at minimum.
@BKForex Жыл бұрын
In the video I talked about how it works for only Specific pairs and all the examples I showed is what adds up to the win rate specified. Backtesting can be on any time frame. You can count the live recent trades I show and see exactly how I got to 91%
@MarketwizardPF Жыл бұрын
@@BKForex Hi Kathy, don't get me wrong I do think the strategy is solid and very interesting and it's great that you share it. I actually read one of your books as well. I'm just sharing my backtesting results (4HR & Daily chart). 91% does not seem realistic over a large sample size by following exactly these rules. I hope my comment will motivate people to backtest themselves before putting their money at risk, that's all.
@foreverstudentoflife Жыл бұрын
@@MarketwizardPF We need more details. On which forex pair or commodity and the dates you back tested. I nice excel sheet would be nice as well.
@MarketwizardPF Жыл бұрын
@@foreverstudentoflife Please backtest it yourself on the EURUSD/GBPUSD/XAUUSD on both timeframes and you will see that you won't get 91 winners out of a 100 trades. Good luck.
@nbenja3 Жыл бұрын
@@BKForex If you had a winning rate of 92% you would not be on here making youtube videos haha
@thepostman966411 ай бұрын
Kathy is spot on as stated 2023 (91% Win Rate) as test was probably done in the first week of 2023..Sample size of 5 !!
@BKForex11 ай бұрын
Woo-hoo
@tullochgorum63232 күн бұрын
Sample size of 5 isn't remotely statistically significant. Think 200+ before you can have any confidence.
@gregstrade17 күн бұрын
***Important Question*** Do you wait for the candle to close before entering a trade? Seems like if you do we could be entering way late, considering we are dealing with daily candles.
@MichaelB-ml4vu25 күн бұрын
So at the beginning she states that you want the PRICE to close above both the 20 and 50 period SMA to buy and then below both to sell, however at the end she says do you see the power of waiting till the 20 period SMA is above the 50 period SMA before you buy, so not sure if she means to wait for the first one or the second one.
@gregstrade17 күн бұрын
I think you would want to wait for 20 above 50 for longs and 20 below 50 for shorts.
@christopherk7920 Жыл бұрын
Eloquent, intelligent, beautiful, positive and elegant is what I would describe you Kathy ! thank you for sharing this strategy ❤❤ One question tho, some traders say correct order of moving averages are important too (20SMA above 50SMA for long and vice versa), so is it critical to his strategy ?
@BKForex Жыл бұрын
Yes 20 above 50 for long is what you want and reverse for short
@HenryPhung-vo8pc5 күн бұрын
are there any Strategy for Futures trading? Please help.
@marcmosqueda6135 Жыл бұрын
Thank you Kathy I have learned a lot from you and Boris learning how to master the Spot Forex Market. It has taught me to understand technical analysis. I want to trade other Futures Markets along with Commodities in the future.
@BKForex Жыл бұрын
I am so grateful you've found the information valuable!
@rednvocal Жыл бұрын
How does this strategy compare to the BB one you mention in a newer video, also on the daily?
@user-iu8vz8iu3i Жыл бұрын
Thank-You Ma'am, Your Experience Has Helped Me Be A Better Trader. Thank-You Once Again. But Please Share Your Review On VWAP
@BKForex Жыл бұрын
Noted
@MrMusiclove59Ай бұрын
It is interesting the use if ADX but thet strategy would be more complete with a candlestik analise and at least two time frames.
@cuongvitruong6 ай бұрын
Thanks for the trading tips about ADX above or below 20 and MA.
@anttilatimo5 ай бұрын
These setups are pretty rare in a one-day chart if you want to trade actively. I like to go in daily, but this gives signals weekly or monthly.
@bonethugsfiend5 ай бұрын
She said in a comment that it works on any time frame
@gregstrade17 күн бұрын
@@bonethugsfiend Yeah not too many set ups on a daily. As you go to smaller time frames the win percentage will go down like it does with all strategies as higher time frames are superior to lower time frames.
@missella7339 Жыл бұрын
Hi Kathy, I am going to try this strategy. Do you think it will work for USD/CAD? I feel that this pair has momentum, but you are the expert! Thanks. 🙂
@TraderDT Жыл бұрын
Hi Kathy: WHen do u use your Double BBs (vs SMAs) for swing trading? Also when u r trading off the HOurly chart, what's the average holding time. Thanks
@navketan1965 Жыл бұрын
QUESTION--Many active forex pairs have daily volatility of 120-150 per day. Even if you enter on the correct side unless you take profit every 2-3 days much of profits disappear. And draw downs become big drag. And if you are trading prop account it blows up. Any suggestions/wisdom please?
@BKForex Жыл бұрын
Smaller positions, tighter profits. I usually advocate exiting with a short target and long target
@uriabinenshtok Жыл бұрын
another awesome video, can you do next one about COT data please and where can I register for the upcoming traderfest? (tried to find the website, didn't work)
@alvintey64324 ай бұрын
thanks kathy, nice strategy. it looks pretty promising at a glance. will try to backtest myself
@dev07845Ай бұрын
Kathy whats the link to the scalping strategy thanks
@ditiromogweemang7958 Жыл бұрын
Hello Kathy Do you do account management?
@BKForex Жыл бұрын
No i do not and if anyone uses my name trying to solicit you to give them funds to manage. It is FAKE!! I have alot of fake accounts pretending to be me. Be careful
@irynaburkatska39103 ай бұрын
What are you talking about?! These are the antediluvian rules of trading, which Linda Raschke described in her book more than 30 years ago.
@loveline7305 Жыл бұрын
Solid content Kathy. I love the new video edits 👍🏽
@BKForex Жыл бұрын
Thanks. Trying something different
@magesvaransuppiramaniam28976 ай бұрын
what timeframe are you using for this strategy ?
@tullochgorum63232 күн бұрын
You can see it on the chart - it's 1 day.
@dwaynehunt37144 ай бұрын
Tnks for sharing this lovely trading method❤
@user149 Жыл бұрын
Any strategy that has to do with indicators i don't trust it
@SmartFXTips8 ай бұрын
Thanks for sharing! If the ADX is below 20 upon crossing the EMA, would you consider taking the trade if the ADX goes above 20 later?
@gregstrade17 күн бұрын
No you're late to the party. FOMO
@rednvocal Жыл бұрын
Have you tried this strategy using the RSI 50 mark as confirmation instead of ADX? If above 50 to confirm a buy, and under 50 to confirm a sell?
@BKForex Жыл бұрын
I've actually got a video coming with an RSI strategy but a different way! Coming soon
@ir477211 ай бұрын
Definitely I will waiting for day training strategy ❤
@adolfsson2705 Жыл бұрын
Nasdaq Sp500 too.? Si is most for positional .. swing trading too? so usdjpy ...is a yes or not ?
@BKForex Жыл бұрын
USDJPY not so great
@gregstrade17 күн бұрын
On your conclusion you say the Dollar/Yen are a good pair for strategy and then a few seconds later say that it along with AUD doesn't have enough momentum.
@LEFTURNInc Жыл бұрын
Not bad Kathy. Wonder how we should use this on the 5min timeframe
@BKForex Жыл бұрын
Keep to the time frames mentioned
@natureislove786 Жыл бұрын
Thanks for the amazing video guide, I have been trading for 3 years still no progress. A quick question: Do we have to take trades with trend?
@BKForex Жыл бұрын
I only take trades with the trend
@TheOvermankinggainer Жыл бұрын
Yes the trend is your friend counter trend strategies doesn't work out well
@ianbrown59557 ай бұрын
Keep at it. You might have been at it for 3 years, but how many hours have you been at it? I have a job, so it took me 5 years to start getting profitable because I wasn't able to put enough time into it on a daily basis..
@googles69445 ай бұрын
I would like to see a live trading recording of this
@mohamadhafiz10 Жыл бұрын
What's the most suitable time frame for me to try this strategy teacher?
@BKForex Жыл бұрын
Daily or 1 hour
@TraderDT11 ай бұрын
Have u posted your daytrading video yet?
@stefandortmond478 Жыл бұрын
Love your view on trading! Can't wait to see your daytrading stratergy
@BKForex Жыл бұрын
Dropping end of this week!
@heavensounds1566 Жыл бұрын
@@BKForexweek is ending today , let us see your day trading strategy
@yuquesalliv4574 Жыл бұрын
hello maam which timeframe is best for this strategy? thanks
@BKForex Жыл бұрын
It is set up for daily charts but also works for 4 hour and 1 hour chart but the risk reward should be smaller
@amitbhaitadvee8057 Жыл бұрын
Thanks Kathy madam
@rednvocal Жыл бұрын
is it the ADX(14)? And can you use it on H1 for currency pairs U/J and E/U?
@BKForex Жыл бұрын
Yes it is ADX 14 setting
@rednvocal Жыл бұрын
@@BKForex Thank you. When I put that indicator on MT4, it shows 3 lines. I have blacked out the 2 dotted lines, so that I am left with only one. Is taht OK?
@user-ft3jf8wi8x Жыл бұрын
Dear Kathy, Thank you very much indeed! Dose this strategy work on Nasdaq too? if not please give us another one to cover Nasdaq! Well done!
@user-nn3gm2zt6w4 ай бұрын
thanks, fx queen
@marekdabrowski5799 Жыл бұрын
Sometimes simple is the best.
@gabrielnelson4324 Жыл бұрын
How do I set the tp and sl for gold?
@allyahmed1710 Жыл бұрын
This is not a correct way to test a strategy. You should test it with a bar replay
@PearlAndyMark Жыл бұрын
Chị đến từ Việt Nam thì chính là người Việt Nam
@user-rb5pv8hj3f6 ай бұрын
Thanks
@johnekenjoku5257 Жыл бұрын
Can the strategy be used on lower time frames like the 1h or 30 minutes?
@tullochgorum63232 күн бұрын
Why not test for yourself? You can't expect to be spoon-fed if you want to succeed at this game.
@armanghasemi8438 Жыл бұрын
Is there a similar method in lower time frames (like 15m) for day-traders?
@BKForex Жыл бұрын
I included a 1 hour technique!
@armanghasemi8438 Жыл бұрын
@@BKForex I meant would you please share your ideas of how to scalp?!
@sheenaluzlopez41066 ай бұрын
are you affiliated with blockchainminingtrade or are they imitating you?
@denilson139able5 ай бұрын
I think the strategy can have some 50-60 % win rate alone, but if you combine with correlation + macroeconomic analysis you will probably get to 80-90% otherwise the big banks and institutions won’t pay billions of dollars in building offices and research thru out, around the world. But I like how she approaches macro analysis and intermarket analysis on the videos
@aleemmahmood8398 Жыл бұрын
Great video 🎉❤
@BKForex Жыл бұрын
Glad you liked it!!
@duongngochieu Жыл бұрын
cảm ơn chị nhé!
@gordenmg49662 ай бұрын
Cathy i used to blow accounts when you spoke during news 😭😭😭😭 will never forget your name.
@Andy-mq6fn Жыл бұрын
Thank you for sharing this strategy, i love its simplicity.
@BKForex Жыл бұрын
Glad you like it!
@fitless Жыл бұрын
When price moves in a strong trend in one direction, any, I mean any trens following strategy will work. The problem is when there is no clear trend or the trend is choppy - that's when you lose. And make sure to forget adx for good - that one is the most useless indicator of all.
@BKForex Жыл бұрын
That's why trend is truly the best way to trade
@sblijheid Жыл бұрын
This strategy gives very few good opportunities. Effectively, you might get 20% of the move. I thought we were trading for profit, not waiting on the sidelines.
@BKForex11 ай бұрын
Rare setups can be good strategies!
@damsannguyen Жыл бұрын
Great
@BKForex Жыл бұрын
Glad you like it!
@ir477210 ай бұрын
Great strategy
@BKForex10 ай бұрын
Thanks!
@amarsanaagalbadrah41445 ай бұрын
kkkkk this is not strategy just gambling
@rednvocal Жыл бұрын
YOu say that this strategy works well for E/U and U/J, but then in the next sentence say that it doesn't work well for U/J and A/U.
@oscarbarrientos7388 Жыл бұрын
Bigener stragety
@BKForex Жыл бұрын
Keep it simple
@uzhoutx Жыл бұрын
❣️ Thank you, Kathy! 🤠❣️
@BKForex Жыл бұрын
You are so welcome!
@andia96810 ай бұрын
misleading , definetely not 91 percent wr. i know you want to increase your membership but not like this. many newbies will think that they have found the holy grail while it is not
@masszero352111 ай бұрын
You talk just like Lisa Forex!
@jaroslavserbus23319 ай бұрын
That is so embarrassing how you ignore bad signals (especially GBPUSD). This looks like losing money strategy - no consideration of any world events/interest rates or other economic numbers. By simple backtesting, this is just nonsense.
@ErN-ny6xc4 күн бұрын
Just do the opposite and you will make money 😂🤣😂
@tronghungdao2514 ай бұрын
❤❤❤😮😮😮😅😅😅🎉🎉🎉
@joeblow5588 Жыл бұрын
Why such nonsense ?
@a1tradehub Жыл бұрын
Thanks for that - I am using sma20,50, 200 and ema200 together for 95% winrate in 3M (TimeFram) $SPY only
@BKForex Жыл бұрын
Great job i love MAs
@sblijheid Жыл бұрын
Just backtest which give you the best signals. 4 MAs are overkill.
@renakatesundo8878 Жыл бұрын
Hello ma’am Kathy, do you have instagram account?
@BKForex Жыл бұрын
Yes my real Insta and Threads is @forexmacroqueen
@renakatesundo8878 Жыл бұрын
May I know ma’am if you have instagram account?
@BKForex Жыл бұрын
Yes @forexmacroqueen
@juanvalles9153Ай бұрын
I'm sorry for my next comment. If you have 91% of win rate Why??? Whyyy??? you loose your time doing a lot of videos and asking us to give a like and suscribe because I think with that rate you should be Multimillionare or Not???