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**Forex: What Your Strategy Is Missing**Michael RadkayPresident and CEORDS Trader LLCe: mradkay@rdstrader.com Stephanie RadkayVice President RDS Trader LLCe: stephanie@rdstrader.com aEducation: www.rdstrader.com Forex: www.rdsfx.comFutures: www.rdsfutures.com 息 2009 / RDS Trader LLC/ All Rights Reserved
 息 2009 / RDS Trader LLC/ All Rights Reserved2OUTLINETake Back Your PowerWhat is Forex?Flexibility of Forex Risk Disclaimer What do you need to trade? Courage to Execute Are You Committed to Success? Personal Risk Vs. Market Risk Supply vs. Demand Interest Rate Predictions Prepare for Economic Events Bullish Bearish Market Mood RDS Trader Strategy Reading Candlestick Charts RDS Strategy Rule #1 (of four) Evaluating Your Performance RDS Education ProgramsBONUS for listeners Q and A
 息 2009 / RDS Trader LLC/ All Rights Reserved3
We ask those of you that are taking control of your investing:Do you know what your investment dollars are worth around the globe?In todays global economy the currency values around the world become an essential piece to understanding the strength or weakness of todays investmentsIt is not the G7 anymore, its more like the G20There are many big players today, so when you understand global currencies, you understand interest rates and when you understand interest rates you will understand the financial markets 息 2009 / RDS Trader LLC/ All Rights Reserved4
II. WHAT IS FOREX? Stands for Foreign Exchange.
 Banks exchange their currencies with each other   in order to conduct foreign transactions  Exchanges were previously done by banks ONLY
 Recently opened up to the public and is very   inexpensive to participate.Independent traders capitalize on the differences  between each currencys values $1.5 trillion exchanged/traded everyday
 $30 billion exchanged/traded everyday in Futures
 $25 billion exchanged/traded everyday in Stock Market5息 2009 / RDS Trader LLC/ All Rights Reserved
III. FLEXIBILITY of FOREXCapitalize on ANY market condition
If the market goes down, you can make just as much money as you can when the market goes up  All investments allow you to buy the product first, but Forex is an investment tool that makes it easy to sell first OR buy first
Selling first means you think the market is going to go down.
Few currencies to identify for trading opportunities compared to the stock market where there are millions of companies to spend time researching for opportunities
Open 24/6
Cost efficient  platform and charts and newsfeed are FREE6息 2009 / RDS Trader LLC/ All Rights Reserved
息 2009 / RDS Trader LLC/ All Rights ReservedIV. Risk DisclaimerTrading Forexcontracts may not be suitable for all investors. You may lose a substantial amount of money in a very short period of time. The amount you may lose is potentially unlimited and can exceed the amount you originally deposit. This is because trading is highly leveraged, with a relatively small amount of money used to establish a position in assets having a much greater value. If you are uncomfortable with this level of risk, you should not trade these contracts. This material is for educational purposes only and is not intended for you to use in place of your own investing decisions.5
V. WHAT DO YOU NEED TO TRADE?Account with an FCM or IB (an investment in yourself)Charting software (FREE)Platform (where you execute your trades) (FREE)Education8息 2009 / RDS Trader LLC/ All Rights Reserved
VI. COURAGE TO EXECUTEWarren Buffet says: Be Fearful When Others Are Greedy and Be Greedy When Others Are Fearful.  息 2009 / RDS Trader LLC/ All Rights Reserved9
 息 2009 / RDS Trader LLC/ All Rights Reserved10VII. Are You Committed to Success?
VIII. Personal Risk vs. Market (Are you capitalized properly?)Advanced:Beginner: 息 2009 / RDS Trader LLC/ All Rights Reserved11
 息 2009 / RDS Trader LLC/ All Rights ReservedIX. Supply vs. Demand  Musical Chairs(Fundamentals gives us the idea  Bullish / Bearish)PriceSupplyEquilibriumDemandQuantityEconomics 101 Example:  10 Chairs and 5 People in the Room
 10 Chairs and 20 people in the Room12
X. Interest Rate PredictionsU.S. FedE.C.BB.O.J.0.25%1.00%0.10%Note: These figures shift as economic conditions shiftwww.federalreserve.gov13 息 2009 / RDS Trader LLC/ All Rights Reserved
 息 2009 / RDS Trader LLC/ All Rights Reserved14XI. Prepare for Economic Eventscalendar.yahoo.com/mradkay@rdstrader.com
XII. Part A: What is Bullish?1.50641.2455You Think Prices Are Going to Go Up.7息 2009 / RDS Trader LLC/ All Rights Reserved

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Forex: What Your Strategy is Missing

  • 1. **Forex: What Your Strategy Is Missing**Michael RadkayPresident and CEORDS Trader LLCe: mradkay@rdstrader.com Stephanie RadkayVice President RDS Trader LLCe: stephanie@rdstrader.com aEducation: www.rdstrader.com Forex: www.rdsfx.comFutures: www.rdsfutures.com 息 2009 / RDS Trader LLC/ All Rights Reserved
  • 2. 息 2009 / RDS Trader LLC/ All Rights Reserved2OUTLINETake Back Your PowerWhat is Forex?Flexibility of Forex Risk Disclaimer What do you need to trade? Courage to Execute Are You Committed to Success? Personal Risk Vs. Market Risk Supply vs. Demand Interest Rate Predictions Prepare for Economic Events Bullish Bearish Market Mood RDS Trader Strategy Reading Candlestick Charts RDS Strategy Rule #1 (of four) Evaluating Your Performance RDS Education ProgramsBONUS for listeners Q and A
  • 3. 息 2009 / RDS Trader LLC/ All Rights Reserved3
  • 4. We ask those of you that are taking control of your investing:Do you know what your investment dollars are worth around the globe?In todays global economy the currency values around the world become an essential piece to understanding the strength or weakness of todays investmentsIt is not the G7 anymore, its more like the G20There are many big players today, so when you understand global currencies, you understand interest rates and when you understand interest rates you will understand the financial markets 息 2009 / RDS Trader LLC/ All Rights Reserved4
  • 5. II. WHAT IS FOREX? Stands for Foreign Exchange.
  • 6. Banks exchange their currencies with each other in order to conduct foreign transactions Exchanges were previously done by banks ONLY
  • 7. Recently opened up to the public and is very inexpensive to participate.Independent traders capitalize on the differences between each currencys values $1.5 trillion exchanged/traded everyday
  • 8. $30 billion exchanged/traded everyday in Futures
  • 9. $25 billion exchanged/traded everyday in Stock Market5息 2009 / RDS Trader LLC/ All Rights Reserved
  • 10. III. FLEXIBILITY of FOREXCapitalize on ANY market condition
  • 11. If the market goes down, you can make just as much money as you can when the market goes up All investments allow you to buy the product first, but Forex is an investment tool that makes it easy to sell first OR buy first
  • 12. Selling first means you think the market is going to go down.
  • 13. Few currencies to identify for trading opportunities compared to the stock market where there are millions of companies to spend time researching for opportunities
  • 15. Cost efficient platform and charts and newsfeed are FREE6息 2009 / RDS Trader LLC/ All Rights Reserved
  • 16. 息 2009 / RDS Trader LLC/ All Rights ReservedIV. Risk DisclaimerTrading Forexcontracts may not be suitable for all investors. You may lose a substantial amount of money in a very short period of time. The amount you may lose is potentially unlimited and can exceed the amount you originally deposit. This is because trading is highly leveraged, with a relatively small amount of money used to establish a position in assets having a much greater value. If you are uncomfortable with this level of risk, you should not trade these contracts. This material is for educational purposes only and is not intended for you to use in place of your own investing decisions.5
  • 17. V. WHAT DO YOU NEED TO TRADE?Account with an FCM or IB (an investment in yourself)Charting software (FREE)Platform (where you execute your trades) (FREE)Education8息 2009 / RDS Trader LLC/ All Rights Reserved
  • 18. VI. COURAGE TO EXECUTEWarren Buffet says: Be Fearful When Others Are Greedy and Be Greedy When Others Are Fearful. 息 2009 / RDS Trader LLC/ All Rights Reserved9
  • 19. 息 2009 / RDS Trader LLC/ All Rights Reserved10VII. Are You Committed to Success?
  • 20. VIII. Personal Risk vs. Market (Are you capitalized properly?)Advanced:Beginner: 息 2009 / RDS Trader LLC/ All Rights Reserved11
  • 21. 息 2009 / RDS Trader LLC/ All Rights ReservedIX. Supply vs. Demand Musical Chairs(Fundamentals gives us the idea Bullish / Bearish)PriceSupplyEquilibriumDemandQuantityEconomics 101 Example: 10 Chairs and 5 People in the Room
  • 22. 10 Chairs and 20 people in the Room12
  • 23. X. Interest Rate PredictionsU.S. FedE.C.BB.O.J.0.25%1.00%0.10%Note: These figures shift as economic conditions shiftwww.federalreserve.gov13 息 2009 / RDS Trader LLC/ All Rights Reserved
  • 24. 息 2009 / RDS Trader LLC/ All Rights Reserved14XI. Prepare for Economic Eventscalendar.yahoo.com/mradkay@rdstrader.com
  • 25. XII. Part A: What is Bullish?1.50641.2455You Think Prices Are Going to Go Up.7息 2009 / RDS Trader LLC/ All Rights Reserved
  • 26. XIII. Part B:What is Bearish?1.50641.2455You Think Prices Are Going to Go Down.8 息 2009 / RDS Trader LLC/ All Rights Reserved
  • 27. XIV. Market Mood(Technicals Help Our Timing Day, Week, Year)(HIGH + LOW) / 2 = Mid-Point 2 Types of Traders Momentum or Contrarian 息 2009 / RDS Trader LLC/ All Rights Reserved17
  • 28. XV. RDS Trader StrategyThe Rotating Directional System (RDS) is a support and resistance strategy developed by Michael Radkay. After appropriate RDS risk management parameters have been analyzed for the market of choice, levels of participation are developed from recent market volatility, average momentum and retracement zones. As prices reach a specific level objective, new rotation significance is placed on this area. This continues to give the trader an overall updated directional sense of what can be expected for upcoming price action. The levels also post guidelines for price follow through and/or reversal. Before entering each trade we put the position of the market up against our 4 rule test, that is revealed in our Independent Study and our Master Programs. 息 2009 / RDS Trader LLC/ All Rights Reserved18
  • 29. 息 2009 / RDS Trader LLC/ All Rights ReservedXVI. Reading Candlestick Charts2. highEach candle is a representation of the prices traded over a specific period of timeTime can be one minute, five minutes, 15 minutes, 30 minutes, 60 minutes, 120 minutesA green candle signifies the time period opened with a lower price and closed higher A red candle signifies the time period opened with a higher price and closed lower4. close5. range1. open3. low2. high1. open5. range4. close3. low19
  • 30. 息 2009 / RDS Trader LLC/ All Rights ReservedXVII. RDS Strategy Rule #1 (of 4) Neutral Starting Point (red line)Proper Side of Neutral Long Above
  • 31. Short Below20
  • 32. 息 2009 / RDS Trader LLC/ All Rights Reserved21XIII. Evaluating Your Performance2 Types of Investor Personalities Intellectual Investor has a plan and a strategy
  • 33. Emotional Investor ignores the plan and strategyThese 2 personalities always show up / no one is immuneEach day must be evaluated to see what was good, what was great and what could be better. Which personality showed up? Did you execute your trades where you wanted to/where you should have?
  • 34. XIX. RDS Education Programs www.rdstrader.com/independent.html1. RDS E- Home-Study (7 Part On-Line Currency Trading Course; 24-7 Username and Password Access) 2. RDS Grid Support and Resistance for 23 Markets (24-7 Username and Password Access)3. Risk Calculator, Market Mood Analyzer, Economic Reports and Daily Evaluation Form(24-7 Username and Password Access)4. Highly Acclaimed RDS Newsletter (bi-monthly)5. Invitation to RDS Live Group Trading Session, Daily 6:30a - 7:00a Pacific (sessions are recorded) 6. Private Introductory Consultation with V.P. and 10 Year Trading Veteran, Stephanie Radkay7. Private Consultations with President and 20 Year Professional Trader, Michael Radkay(11 consultations)8. Proprietary Formulas9. Stress Management Workshop with V.P. and 10 Year Trading Veteran, Stephanie Radkay(2 private consultations). 息 2009 / RDS Trader LLC/ All Rights Reserved22
  • 35. XX. BONUS FOR LISTENERS!!!XX. BONUS CASH BACK!!!Eligibility: 息 2009 / RDS Trader LLC/ All Rights Reserved23
  • 36. XXI. Q/A 息 2009 / RDS Trader LLC/ All Rights Reserved24
  • 37. Thank you for joining us!!Website: www.rdstrader.comPhone: 213-784-0887E-Mail: mradkay@rdstrader.com stephanie@rdstrader.com 息 2009 / RDS Trader LLC/ All Rights Reserved