Forex: What Your Strategy is Missing

1. **Forex: What Your Strategy Is Missing**
Michael Radkay
President and CEO
RDS Trader LLC
e: [email protected]
Stephanie Radkay
Vice President
RDS Trader LLC
e: [email protected] a
Education: www.rdstrader.com
Forex: www.rdsfx.com
Futures: www.rdsfutures.com
2009 / RDS Trader LLC/ All Rights Reserved

2. 2009 / RDS Trader LLC/ All Rights Reserved
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OUTLINE
Take Back Your Power
What 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 Programs
BONUS for listeners
Q and A

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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 investments
It is not the G7 anymore, its more like the G20
There 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
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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 Market

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10. III. FLEXIBILITY of FOREX

Capitalize 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

14. Open 24/6

15. Cost efficient platform and charts and newsfeed are FREE

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IV. Risk Disclaimer
Trading 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.
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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)
Education
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18. VI. COURAGE TO EXECUTE
Warren Buffet says: Be Fearful When Others Are Greedy and Be Greedy When Others Are Fearful.
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VII. Are You Committed to Success?

20. VIII. Personal Risk vs. Market
(Are you capitalized properly?)
Advanced:
Beginner:
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IX. Supply vs. Demand Musical Chairs
(Fundamentals gives us the idea Bullish / Bearish)
Price
Supply
Equilibrium
Demand
Quantity
Economics 101 Example:

10 Chairs and 5 People in the Room

22. 10 Chairs and 20 people in the Room

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23. X. Interest Rate Predictions
U.S. Fed
E.C.B
B.O.J.
0.25%
1.00%
0.10%
Note: These figures shift as economic conditions shift
www.federalreserve.gov
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XI. Prepare for Economic Events
calendar.yahoo.com/[email protected]

25. XII. Part A: What is Bullish?
1.5064
1.2455
You Think Prices Are Going to Go Up.
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26. XIII. Part B:What is Bearish?
1.5064
1.2455
You Think Prices Are Going to Go Down.
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27. XIV. Market Mood
(Technicals Help Our Timing Day, Week, Year)
(HIGH + LOW) / 2 = Mid-Point
2 Types of Traders
Momentum or Contrarian
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28. XV. RDS Trader Strategy
The 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.
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XVI. Reading Candlestick Charts
2. high
Each candle is a representation of the prices traded over a specific period of time
Time can be one minute, five minutes, 15 minutes, 30 minutes, 60 minutes, 120 minutes
A 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 lower
4. close
5. range
1. open
3. low
2. high
1. open
5. range
4. close
3. low
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XVII. RDS Strategy Rule #1 (of 4)
Neutral Starting Point (red line)
Proper Side of Neutral

Long Above

31. Short Below

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XIII. Evaluating Your Performance
2 Types of Investor Personalities

Intellectual Investor has a plan and a strategy

33. Emotional Investor ignores the plan and strategy

These 2 personalities always show up / no one is immune
Each 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.html
1. 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
Radkay
7. Private Consultations with President and 20 Year Professional Trader, Michael Radkay
(11 consultations)
8. Proprietary Formulas
9. Stress Management Workshop with V.P. and 10 Year Trading Veteran, Stephanie Radkay
(2 private consultations).
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35. XX. BONUS FOR LISTENERS!!!
XX. BONUS CASH BACK!!!
Eligibility:
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36. XXI. Q/A
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37. Thank you for joining us!!
Website: www.rdstrader.com
Phone: 213-784-0887
E-Mail: [email protected]
[email protected]

Forex: What Your Strategy is Missing

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