kathy lien

Episode 96: Election Day 2012, Trading the Problem Not the Solution, and Who to Follow on Twitter

Episode 96 was recorded on the morning of U.S. Election Day 2012, so your host Rob Booker begins by offering a few thoughts on this particular race between President Barack Obama and Governor Mitt Romney. More specifically, Rob asserts that the Markets follow the problems of the day and not necessarily the leader who’s elected afterward.

In short, as traders, we don’t really look for the next election; instead, we’re looking for the next problem. The opportunities in trading occur when the problem happens. Rob discusses what it means when you cast your vote for a particular individual. And in this episode, Rob also talks about the words “hope” and “change” and how hope isn’t a trading strategy.

In this show Rob also makes some endorsements of his own by listing off the names and Twitter handles of people and organizations that he trusts and follows which analyze the markets or bring you pertinent news. Rob looks at where we get our information, where we get our facts, and where do we get some interpretation of those facts in order to get a better understanding of what’s actually happening. Check out Rob’s list of recommendations below, and be sure you don’t miss this episode!

Links for this episode:

For fundamental analysis after an event occurs:
Ashraf Laidi of City Index = @alaidi
Kathy Lien at BK Asset Management = @KathyLienFX
Boris Schlossberg at BK Forex = @FXflow

For real-time news information in short bursts:
Reuters Insider = @ReutersInsider
Reuters Top News = @Reuters
Bloomberg Now = @BloombergNow
RT = @RT_com
Fox Business = @FoxBusiness
Breaking News = @BreakingNews

Jason’s Mostly Movie-Related Twitter Recommendations:
Rob Booker = @RobBooker
The Traders Podcast = @TradersPodcast
Instant Netflix = @Instant_Netflix
Dave Becker’s DVD Infatuation = @DVDinfatuation
Film critic Eric D. Snider = @EricDSnider
Jason = @MovieCastWeekly

Episode 36: Ultimate Economic Fighting Championship

In this second part of two great episodes, your host, Rob Booker, places his co-host, Raghee Horner, in a rapid-fire inquisition that he calls “The Octagon” with Kathy Lien, a director of currency research at GFT and the author of “Day Trading & Swing Trading the Currency Market.” Rob also asks Kathy about the beginning of her career, starting with her early graduation from college to her very first job with J.P. Morgan. Kathy talks about the nature of her work on the FX desk, how she trades “a technical setup with a fundamental kick,” and how she works in a trading partnership with currency strategist Boris Schlossberg. Tune in!

You can find Kathy Lien here: BKForexAdvisors.com

Episode 35: Kathy Lien and Double Bollinger Bands

In this first part of two technical episodes, Rob Booker and co-host, Raghee Horner, speak with Kathy Lien, a director of currency research at GFT and the author of “The Little Book of Currency Trading.” Kathy Lien is also famous for her use of the Double Bollinger Bands.

Rob asks Kathy where her inspiration for using Double Bollinger Bands came from, how often these produce trades, what people are talking about when they speak of “yields” on television, and whether the long-term perspective of the forecasting she’s asked to give on TV ever intrudes upon her short-term trades of the present day. Kathy also explains her settings for the Double Bollinger Bands and their various uses. Don’t miss it!

You can find Kathy Lien here: BKForexAdvisors.com

Also, make sure you haven’t missed the BONUS episode we released last Friday!