Expert: Reggie Henkart, Foreign Exchange Trainer and Independent Representative at FreedomRooks
Summary:
This session will go in detail on how to
trade non-directionally, creating a hedge, make an awesome return only
working 15 minutes/week, without having to be awake at odd hours.
Session Material:
We are using a strategy that is changing the currency trading industry.
Imagine: no guesswork, no charts, no psychology, just an amazing return on your money, while working only 15 minutes per week.
The top in Fig 1 is the EUR/USD, the bottom is the USD/CHF. Can you see the correlation (like a mirror)?
What would happen to your money if you are buying both?
Nothing! Precisely. This is not how you make money, this is how you hedge yourself, virtually.
You can make money three ways: carry trade, buy low/sell high and equity swings (Fig 2).
1. Because we trade at a 400:1 leverage, so far, the carry trade has given us an ROI from 11% to 85%, depending, on the currencies selected and the margin percentage and the government’s rate cuts or increases. This, by the way, requires no work on your part. All you have to do is buy the currencies and hold them.
2. Each currency has its own movement, so we place pending orders below and above our entry prices for the currency on top of the mirror, and also for the one below the mirror. These pending orders are provided by the FreedomRocks software for $100/month. We have no idea where the price will go, and we don’t care, we make money either way, because we will always buy low and sell high. Eventually, the pending orders will trigger an average of 3-4 times per week. Other than glancing at your computer before and after you go to bed, there will be times when you will have to replace the pending orders when they get triggered. At a three minute per hit adjustment, you will have to work about 15 minutes/week, whether it’s a $10k or a million dollar portfolio. This is during daytime hours, when you are awake. You don’t have to trade in the middle of the night.
3. The correlation between the currencies is not 100%, it is around 97-98%. So, in the 2-3% left, all currencies may all go up or down. Dr. John Gray (Men are from Mars, Women are from Venus) endorsed my book Hit the Spot, How to Tame the Currency Market (Fig 3), as he made 50% in four weeks. That is because he took advantage of all the currencies that were going up. (See Equity Swings in Fig 2). We know that currencies may also go down together. I created some tools which we will go over in the showroom. You can also find these in my book. To learn more about strategies and tools, please feel free to go to www.hitthespot-thebook.com.
Other figures we will look at:
Fig. 4
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Fig. 5
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Fig. 6
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Fig. 7
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