Simply The Best Forex Strategy To Use
(Proven To Make Consistent Income Every Month)
Break the bands Strategy is a strategy that is formulated by Kelvin Lee and this is a strategy that he has been using for years. Recently in 2013, he has decided to created a video course to share with his blog readers this particular strategy which has been very reliable for him.
As there are a lot of lousy forex courses in the market, new traders started to fear buying lousy courses that leads them nowhere.
Therefore he decided to provide weekly performance report on this strategy so that you can have a feel of how much money you can make with this strategy. In addition, he actually recorded the trades that he has taken so that he can show you exactly how he trades each and every trade based on this strategy.
In addition, Kelvin is the author of several forex books that are available on Amazon kindle store as well.
Why I Love Using Break The Bands Strategy
It is a strategy that is very easy to execute. In the course, you will be taught exactly when to enter a trade and where to place your stop loss and target profit. Most importantly, it also teaches you how to avoid getting into losing trades which is why this strategy is making money for me every single month without fail.
The next thing that I like about this forex strategy is the risk reward ratio. The key to profitable trading lies in the risk reward ratio and the Break The Bands Strategy has a risk reward of 1:2 which is very good.
Most importantly, this strategy has been making profit every single month without fail.
Simply sign up for the FREE forex traders newsletter by Kelvin and
you will get to receive updated Performance Report for the
Click Here For The Strategy Performance Report
Maybe let me explain to you what exactly is Risk Reward Ratio. It is referring to the comparison between the risk you are taking versus the profit you are making every trade.
For example: If you are trading a strategy that has a stop loss of 25 pips and target profit of 50 pips, the risk reward ratio per trade for you is 1:2.
If you are trading 10 trades per month and you have a winning percentage of 60% which means that you are going to win 6 out of every 10 trades. You are going to make the following profit every month.
Profit = 50 x 6 = 300 pips
Loss = 25 x 4 = 100 pips
Total Profit = 200 pips
with 200 pips, you are actually making $2,000 in trading if you are trading with standard account. Imagine that you only win 6 out of every 10 trades and you are already making $2,000 per month. That alone explain the power of risk reward ratio.
For those of you who are interested to find out more about this strategy, you can sign up for the FREE forex traders newsletter to get an updated performance report of the strategy.