Daily & 4 Hour Trades - Trading Manual and Live Trades

This thread will be dedicated to showing how Currency Trading on the Daily and 4 Hour Time Frames provides more consistent and stable gains relative to trading on the Smaller Time Frames. It will show the application of a robust Methodology that has been tested with data spanning several years which if followed, can continue to beat the returns of the Top 10 Currency Traders for 2014 according to BarclayHedge.

It is hoped that traders will see the benefits of using the Higher Time Frames for larger gains and LONG-TERM SUCCESS, instead of the Scalping, Day Trading approach on the volatile lower time frames that is at the heart of the 95% failure rate of Currency Traders.

The thread will be very interactive and will include the results of Live Account trades based on this strategy, along with the justifications for each trade. However, only the basic aspects of these trades will be given. The rest of the information needed to fully understand them will only be available to those who have downloaded the Trade Manual.


THE METHODOLOGY


The Methodology involves identifying High Probability Candlestick Patterns and Signals on the Daily and 4 Hour Charts. The parameters used to trade the setups provided by these signals have been developed based on years of data that have proven to be consistent, regardless of market conditions. More information of the Methodology can be found on my Website, www.drfxswingtrading.com and in the Trading Manual available at Lulu.com where a free preview is provided. However the main aspects of the Methodology are;


1- Using Candlestick Patterns and Signals to identify Market Direction;

2 - Waiting on the Daily & 4 H Chart Signals for Entry;

3 - Aiming for the Weekly Range Target;

4 - Holding Trades for a Pre-determined holding period;​​

5 - Aiming for 100-200 Pips;


In addition to lower volatility and higher returns, the benefits of these larger charts and this Methodology include;

 

1. Predictable times for entry and exit;

1. Simplicity of trading without the chaos of Economic News;

1. New insights that surpass recycled information in free/low-cost books;

1. Real examples of each Technical Factor explained;

1. The Rationale behind real trades that will continue to shown on this thread;

1. Exit points that can be spotted well ahead of Statistical Indicators;

1. Actual step-by-step Trade Sheet instruction;

1. The potential to generate double-digit returns in months from a handful of trades;

1. The possibility of replacing or surpassing existing income sources;

DAY TRADING & SMALLER TIME FRAMES


Approximately 95% of Currency Traders struggle to make consistent gains in the Forex market with 95% of them using Smaller Time Frames. If success from trading is to be realized, therefore, it is likely to come from a strategy based on the Larger Time Frames.


Most persons who were exposed to the market for the first time were likely to have headed straight for the smaller time frames in an attempt to capture small, but quick pips. These charts are very attractive and tempting to trader, offering fast turnover. However, they tend to be quite volatile and are affected by too many technical factors that get in the way of profitable trading. I have spent and lost quite a lot of money over the years and have finally come to the conclusion that the Holy Grail of trading is unlikely to be found with this approach.

Some of these strategies had their merits and were somewhat successful, but were found to be unsustainable. They were also incompatible with the realities of daily life, especially for those persons living in the Western Hemisphere, where the time-zone difference plays havoc with our sleep patterns. In addition to the unrealistic hours at which one had to monitor the market for entry, daily stress and losses was constantly being fed by;

 

1. Indecision about the size of stop losses and pip targets;
2. Anxiously waiting on a target to be hit;
3. Constantly switching between currencies to decide on which to trade in the very short trading day;
4. Indecision as to whether to monitor a trade or leave it until it is closed;
5. The pressure to meet daily or weekly pip targets/monetary goals;
6. Resisting or falling to the temptation of violating a trade plan in order to meet these targets;
7. Trying to stay objective while wanting to take revenge on the market for a loss ;
8. Feeling trapped like a mouse in a maze, with the cheese nowhere to be found;

Sound familiar?


STATISTICAL INDICATORS & FUNDAMENTAL ANALYSIS


No attention will be paid to market news or Statistical Indicators.

News items released to the market are short-term, contradictory and volatile in nature. Some will have strong reactions while others will go unnoticed by the market. Since the signals given on the larger time frames determine market direction and will always reflect the net reaction of the market to economic data, there is no need to pay attention to these news items.

Statistical Indicators are very popular among traders who use the Smaller and Larger Time Frames. However, these indicators are lagging in nature and can be late to the party in providing exit and entry signals. The nature of the market is such that on their own, Candlestick Signals and Patterns and the cycle of movements by themselves can provide trade decisions with a high degree of accuracy.


RATE OF RETURN

The following table shows the trades and setups that have been in sync with the Methodology between the end of December 2013 and April 2014. Applying these results to a Retail Account of US$5000 using 5% risk (instead of 10% that I use), this is the combined result;

Each of these were on average 2 weeks apart starting on Boxing Day last year. They do not arise as frequently as most people desire or are used to, but they offer a much higher probability of success.

After taking a break to complete the Trading Manual, active trading will now resume to show additional examples of how this strategy is applied to upcoming opportunities. Essentially, this thread and blog will become a hub for persons interested in trading in a much simpler, stable and reliable way that provides a higher rate of success.


Have a look at the trades below, get the Manual and be part of a World Class approach to Wealth.


DRFXTrading

________________________________________________________________________

TRADING MANUAL - AVAILABLE AT

http://static.lulu.com/images/servic...20140521080418

http://www.lulu.com/shop/duane-sheph...-21662385.html

________________________________________________________________________

The trades shown in this section represent a sample of those executed using the Daily and 4 Hour Time Frames.
The trading platforms with the New York Close Candles are most suited for this strategy. FXCM, FXDD and Oanda are examples of platforms that have these types of candles. However, the one on which I actually execute my trades-which uses the Midnight GMT close- is Dukascopy Swiss Forex Marketplace, as I had that account opened before I created the current strategy. The Charts that are used here to show the signals for entry will be those from FXCM, while the ones with the results will be from Dukascopy.

At times, the direction of the trades were in sync with the Monetary Policy stance or other Economic factors related to the underlying currencies. However, these would only be coincidences, as the Technical signals of the charts are always given priority over any perceived influence of Fundamental factors.


TRADE EXAMPLE 1- NZD CAD

Trade Type - Breakout From Medium Consolidation
Signal Needed- Daily Chart
Target -Breakout Equivalent
Pip Value -121 Pips


This pair provided a Bullish Signal to start the breakout from the Pennant on the Daily Chart on March 7, 2014. The pair actually made a brief but weak rally on February 27, before pulling back to test the Resistance at 0,9241. Following this test, it then U-turned to give the signal to start the trend. If this was going to rally as expected and not be a false breakout, gains would be expected over the next few days.


DAILY CHART

http://2.bp.blogspot.com/-nWXjUWQGjw...AD+1+TRADE.png

Entry then took place a few days later on the 4 Hour Chart after the requisite setup and signal were seen.


Entry Order - 0,9479
Stop Loss - 0,9390
Limit Order- 0,9600


After 4 days, the 121- Pip target was hit after which point, the currency started to pullback, confirming the accuracy of the target chosen.


DAILY CHART

http://2.bp.blogspot.com/-TbFGYTQB0B...FUND+DAILY.png

Trade Summary


Stop Loss- 89 Pips
Limit- 121 Pips
Trade Time - 4 Days
Risk-Reward- 1,4


TRADE EXAMPLE 2 - CAD JPY

Trade Type -Trading Within Medium Consolidation
Setup- Anticipating 2nd Resistance Point
Signal Needed -4H Chart
Target- Support
Pip Value--100 Pips

This pair started to form a Consolidation pattern on the Daily Chart in the form of a Pennant after breaking sharply bearish by 800 pips between January 2nd and February 3rd this year. This presented an opportunity to trade it on the 4H Chart as it was expected to continue moving between Support and Resistance by at least 100 Pips.


DAILY CHART
http://2.bp.blogspot.com/-3Vt0CHX9qX...+JPY+DAILY.png
Entry took place with the following setup after the 4 Hour Chart gave a bearish signal to form the 2nd Resistance point.


Entry - 92,30
Stop Loss - 93,10
Limit- 91,31


After 2 days, the target at Support was hit for a 100-Pip Gain.


4 HOUR CHART

http://1.bp.blogspot.com/-5wmAcbGihx...+4H+RESULT.png




Trade Summary

Stop Loss - 79 Pip
Limit - 98 Pips
Trade Time - 2 Days
Risk Reward- 1,3



TRADE EXAMPLE 3- CHF JPY

Trade Type - Breakout from Large Consolidation
Signal Needed -Daily Chart
Target - 220 Pips (Before Breakout Equivalent)
Pip Value -220 Pips


This one was traded back in November 2013, after the currency pair spent 2 months oscillating between Resistance and Support of the large range setup. A bullish signal was given that pointed to a rally of several hundreds pips.

DAILY CHART

http://3.bp.blogspot.com/-VzvrBXfNtG...+DAILYYY+1.png

Entry took place immediately, with the following setup.


Stop Loss -109,30
Entry- 110,86
Limit- 113,06


After 6 days, the target was hit for a gain of 220 Pips.

DAILY CHART

http://1.bp.blogspot.com/-hmjd9g3Lbx...HF+JPY+RES.png


Trade Summary

Stop Loss -156 Pips
Gain - 220 Pips
Trade Time - 6 Days
Risk-Reward -1,4


TRADE EXAMPLE 4 - CAD CHF


Trade Type - Breakout from Medium Consolidation
Signal Needed - Daily Chart
Target- Breakout Equivalent
Pip Value- 77 Pips

This currency pair was already in a strong downtrend when it gave a signal to break bearish from the Daily Pennant. Entry was then sought to go with the trend for a few hundred pips, using the Daily Chart.


DAILY CHART

http://4.bp.blogspot.com/-sSEiBe2LQN...DE+1-small.png




Stop Loss - 0,8145
Entry - 0,8025
Limit - 0,7825


Unfortunately the trade had to be exited at 0,7948 for a very small gain of 77 pips, as it showed strong signs that it would not reach the intended target within the set time frame.


DAILY CHART

http://1.bp.blogspot.com/-9cdMDEcMmS...ES+CAD+CHF.png



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These were just a handful of the trades executed and examined in accordance with the criteria established for Entry, Exit and Holding Period. There have been and will always be losing trades along the way. However, as long as the Methodology continues to be applied, net gains over time are very likely to be attained.

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RBNZ Cuts, EURO NZD Drops, Pips Lie Ahead


After moving within a 400-Pip Range since the end of March this year, the EURO NZD has finally broken this boundary with a break of Support following the increase in interest rates by the Reserve Bank of New Zealand (RBNZ). The pair fell by more than 200 Pips within 24 hours of the decision to form a strong bearish candle below the Range, indicating the start of even stronger gains for the Kiwi in weeks to come.


THE RATE CUT

The RBNZ took the decision to raise the official cash rate to 3.25% from 3.00% as it seeks to stave off inflationary pressures that have begun to threaten the economy. In justifying the move, RBNZ Governor Graeme Wheeler stated that it was important that inflation expectations remain contained and that interest rates return to a more neutral level. Naturally, in an environment of homogeneous interest rate policy among the major central banks, the increase led to strong demand for the Kiwi against several of its counterparts including the US Dollar, the Aussie Dollar and the Great British Pound. Continued strengthening is expected for the Kiwi against these currencies, but the setup against the Euro appears to be very promising right now for aggressive Swing/Weekly Range traders.


RANGE BREAKOUT

Looking at the chart below, we can see the bear candle that closed below the Support level following the rate decision. This is the type of signal that traders look for to open a position for a strong breakout, especially when it is sync with the existing direction of the trend.


DAILY CHART- EURO NZD BREAKOUT

http://1.bp.blogspot.com/-lXl4nKoCYU...NZD+DAI++2.png



Most traders would probably starting entering short at this point, with the Stop Loss placed above the Support which would now act as Resistance to protect the trade. Entering early often gives traders a good opening price in case the market moves quickly in the expected direction. However, there is always the possibility of an unexpected reversal known as a False Breakout whenever we have a breakout signal from Consolidation.

Given this possibility and the fact that the last candle led to the Weekly Range of the pair being reached (see Trade Manual), it would be better to wait until another bearish signal appears after a brief pause or rally that tests the Support.


DAILY CHART - EURO NZD - POTENTIAL PULLBACK TEST

http://3.bp.blogspot.com/-pjnCrfI4L1...+NZD+DAILY.png

This pause/test can either take the form of a rally followed by a strong U-Turn or a move sideways to form a small consolidation before breaking short. If either scenario unfolds, the ultimate target for this new downtrend would be 1,4855 -the Breakout Equivalent of the Consolidation (see Trade Manual). Along the way, several areas of past Support will be hit, allowing for short-term profit-taking as well.



Let's be patient, see what unfolds and take advantage of profitable setups when they appear.


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For more information on Consolidation Breakouts, Weekly Ranges & Trade Setups, download the Trade Manual now at

http://static.lulu.com/images/servic...20140521080418

http://www.lulu.com/shop/duane-sheph...-21662385.html
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DAY TRADING VS WEEKLY RANGE/SWING TRADING


Day Trading is perhaps the most promoted way of earning income through the currency market and the stock market by trading companies globally. Relative to the larger time frames and longer holding periods, daily trading appears to fill that need for quick returns in this culture of immediate gratification, despite the greater risks that are inherent in this approach.

A proven, tested and reliable short-term method could provide some gains for the resilient day trader, but perhaps more could be made on the larger trends with less effort, stress and inconvenience. Let´s compare the two strategies in terms of some of their respective advantages and disadvantages.


DAY TRADING - 1 HOUR & LOWER TIME FRAMES


ADVANTAGES

- Short, quick gains same day or overnight;
- Risk is smaller per trade;
- More trades are possible;
- Multiple lots and positions possible;
- Predictable end of trading range-market sessions;
- Trading possible 24 hours.


DISADVANTAGES

- Daily Range of each pair limits gains per trade;
- Entry signals are at unpredictable times;
- Time Zone issues for persons in the West;
- Constant monitoring of market needed;
- More trading, more stress to meet daily goals;
- Shorter time to recover after losses.


WEEKLY RANGE TRADING - DAILY & 4H CHARTS

ADVANTAGES

- Larger Ranges;
- Stronger, Stable Signals, Patterns;
- Predictable Times for Signals & Entry;
- Less monitoring of Market Needed;
- Less trading stress;
- More time to recover after each loss.


DISADVANTAGES

- Fewer Trading Opportunities;
- Larger Stop Losses;
- Longer wait for Trade Completion.


Day Trading can be fun, exciting and profitable, but perhaps less excitement and more stability could translate into larger profits, consistent gains and less stress. With the need to constantly monitor the market, analyze short-term movements and side-step increased volatility from fundamental news releases, day trading can become an emotional roller-coaster and take its toll on most persons.

On the other hand, if one had more time to analyze the market in between trades and calmly assess each pair while avoiding short-term noise, would that be a better option? Or is it as Keynes said, `In the Long-Run, we are all dead' and we should try to take action and get results as quickly as possible?


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DEMO VS LIVE TRADING


It is very important for someone new to trading to experiment on a demo account before trading with real money. The financial and emotional trauma that you go through by prematurely using real money with an unproven strategy are too much to justify this approach. Taking the time to choose your strategy, test it and become comfortable with it will be fundamental to your success over the long term in the Forex market.

Here are some of the benefits of trading on a demo account before going live.

 

1. You can take the time to choose & fine-tune a strategy;
2. You are able to choose the currency pairs that best suit your strategy;
3. You become familiar with the market & factors that influence your chosen pairs;
4. You develop the objectivity needed to make decisions & avoid emotional decisions due to previous losses/gains;
5. You can experiment with different platforms and brokers to avoid unnecessary problems when trading live begins;

Trading involves a high degree of risk and should be approached with extreme caution. Most brokers and trading companies depend on the commission and spreads from live trading by clients-not demo- and are thus very aggressive in the marketing of trading to potential clients. As such, they do very little to warn them of the risks that lie ahead and the ideal preparation that is needed before sacrificing your hard earned money in a new financial venture. If you take the time to do what is right in a calm, patient manner, you are very likely to avoid the financial ruin that befalls those who jump into live trading unprepared.


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GBP USD RALLY OR MORE SIDEWAYS DANCING?


In line with growing expectations of an increase in interest rates, the British Pound has been in an uptrend against the US Dollar since August of 2013. During this time, the currency has rallied by approximately 2000 Pips, breaking the Resistance of the large Pennant Consolidation on the Weekly Chart along the way. With the pair now above this boundary, we could either see further gains for Sterling for the rest of the year or a continuation of the patterns of sideways movement on the Daily Chart.


PENNANT BREAKOUT

The Chart below shows the breakout that has taken place from the Pennant setup on the Weekly time frame. This formation followed the sharp gains for the USD during the period of risk aversion in 2008. Under normal circumstances, breakouts from consolidations such as these are normally fast and sharp. However, in this case the breakout has been somewhat laboured, reflecting the current period of indecision and low market liquidity affecting the market.


WEEKLY CHART

http://4.bp.blogspot.com/-WDo-dg7rVf...D+WEEKLY+1.png
Source: FXCM, All Rights Reserved



This slow movement of the currency can also be seen on the Daily Chart in the form of small periods of consolidation and pullbacks above the Pennant.

DAILY CHART

http://2.bp.blogspot.com/-aTQjeR9Ao3...ILY+RANGES.png
Source: FXCM, All Rights Reserved


From this point, the trend could either could continue with a U-turn in the next few days, or a sharp move down to form a Range for another period of market indecision.


UPTREND SCENARIO

If the break of the Counter Trend Line takes place within the next few days, we would see an uptrend that takes us up towards the 1,7350 area. This target would be in line with the Weekly Range of the GBP USD pair that is 400 Pips on average.


DAILY CHART


http://2.bp.blogspot.com/-3bY2zsiava...D+WEEKLY+3.png
Source: FXCM, All Rights Reserved



This uptrend would form an Inner Uptrend Line that would support the new breakout that could last over the subsequent 7 to 10 days.


CONSOLIDATION SCENARIO

If, however, this U-turn does not take place and the USD continues to gain strength, it could lead to the formation of a Range that takes the pair down to Support at 1,6991. This would see the start of downtrend and uptrend waves that lead to the formation of this consolidation.


DAILY CHART

http://3.bp.blogspot.com/-TL1BICOfUG...D+WEEKLY+4.png
Source: FXCM, All Rights Reserved



Taking advantage of this scenario would involve buying at Support and selling at Resistance within this large 300-Pip-Wide Range. Strong Candlestick Formations that start the movements between these boundaries will be needed to pocket these gains over the next few weeks. The stronger and clearer these entry signals, the faster the movements to the other end of the boundary with very little volatility and reversals taking place to take out our Stop Losses.

The best ones to trade within these types of Setups are;

 

1. ABC Reversal Signals;
2. Double Bottoms/Tops;
3. Breaks of Trend Lines within the Range;
4. Breaks of Small Consolidations;

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For examples of these and other Entry signals and how to trade them, check out the easy to follow Trading Manual at:

http://static.lulu.com/images/servic...20140617080123

http://www.lulu.com/shop/duane-sheph...-21662385.html

______________________________________________________________________

EURO USD CONSOLIDATION BREAKOUT- USD GAINS AHEAD


The current indecision of this pair can be partly explained by the limited activity in the market in general, low liquidity and investigations into illicit trading practices. However, there is also an explanation based on the natural Price Action movements that can be seen throughout the currency market. The chart below shows that the currency is actually above the Resistance of a large Pennant setup on the Weekly Chart that was formed after sharp gains for the USD during the Financial Crisis of 2008. The current position, seen on the right-hand side of the chart, shows that a smaller Pennant has also been formed after a rally to this area ended in October of 2013.



WEEKLY CHART





Consolidations such as these tend to be formed after sharp, fast movements that end trends or when a currency pair has reached its Weekly or Monthly Range. As the market moves sideways inside the Consolidation, it will form smaller Consolidations, Double Tops/Bottoms and False Breakouts that lead to reversals to the other end of the formation. In the chart below, we can see that there were two previous small Consolidations at the Resistance of the larger Pennant just before the respective downtrends took them back down to Support.


WEEKLY CHART




The Support of this latest Pennant has also been broken, but is still above the Resistance of the larger Pennant. This presents two possible scenarios that can unfold over the next few months. The breakout short could continue and taking us back down to the Support area at 1,2280. Along the way, several important Support points would be hit that traders can use for profit taking.


WEEKLY CHART




On the other hand, since the breakout has not yet taken us back below the major Resistance, we could have an unexpected rally that uses this Resistance as Support to start a breakout long. Several past Resistance areas would be hit as the Euro strengthens.


WEEKLY CHART




Ultimately, the long-term direction will be determined by the respective economic policies and market expectations regarding the underlying economies. Current monetary policy has been very dovish for the respective monetary authorities but the recent cut in rates by the European Central Bank has now given the US Dollar the edge in terms of interest rate differentials. If this bias towards the Greenback continues, then the short, medium and long-run trend is likely to be on the downside. With the economy in the Eurozone continuing to struggle more than its American counterpart, short positions are likely to be the better choice of traders from this point onward.


Regards

DRFXTrading


http://static.lulu.com/images/servic...20140617080123

http://www.lulu.com/shop/duane-sheph...-21662385.html

MMMM sure is an interesting read.. Thks.. will have a good hard look later..

Thanks danc, appreciate it


Regards

DRFXTrading

THE METHODOLOGY DURING HEIGHTENED VOLATILITY

During the infamous Financial Crisis of 2007-08 and its aftermath, many trading strategies began losing money because of the dramatic increase in market volatility. Methodologies that functioned with very few hiccups before the Crisis, were no longer profitable and could not adjust to the new scenarios that unfolded over subsequent years. Nevertheless, the methodology outlined in the Trading Manual held firm despite the market turbulence experienced during that time.

The methodology uses Price-Action patterns on the Daily & 4 Hour Charts to identify high probability trades that provide between 100 and 200 Pips. The setups that provide these opportunities exist during normal periods of market activity as well as heightened periods of volatility coinciding with safe-haven investment flows.

The European Sovereign Debt Crisis and the 2007-08 Financial Crisis stand out as strong examples of factors that lead to increased volatility. Since the formation of consolidation tends to characterize these market conditions, we can look at examples of how the strategy would have been applied to this type of setup. In each of these examples, explanations of the technical factors that would justify entry and exit are provided.


CONSOLIDATION BREAKOUTS

Consolidation and breakouts from consolidation are typical market patterns seen throughout the currency market. Consolidations are periods of indecision and low market liquidity in which traders are uncertain as to how a currency pair will be affected by a major, underlying economic factor. The larger the consolidation, the more significant is the underlying scenario that is unfolding. Whenever this issue finally comes to light in the form of a single or series of news releases, a sharp breakout at the Support or the Resistance of the consolidation will take place. The direction of this breakout will be in favour of the currency that benefits from the reaction to the news by investors and traders.


The graph below shows the large Pennant consolidation that was formed for the EURO JPY pair between July and August 2011. The Pennant coincided with one of the periods of the European Sovereign Debt Crisis in which Greece was believed to be on the brink of exiting the eurozone due to its severe fiscal and economic challenges. It was also feared that such an exit would have a ripple effect that led to other countries leaving the Union as well.


FIGURE 1- EURO JPY - DAILY CHART


http://3.bp.blogspot.com/-G4L8AVpP1L...DAILY+BLOG.png



In July, Greece was eventually provided with the assistance it needed to resolve its crisis and prevent contagion among other European countries. However, the market went back into crisis mode in August when European Commission President Jose Manual Barros warned that the Sovereign Debt Crisis was spreading beyond the periphery of the eurozone. Yields on government bonds from Spain and Italy rose sharply as investors demanded larger returns to lend to these countries. As a result, the European Central Bank said it would buy the government bonds of these countries to reduce their borrowing costs, amid concerns that they would be also be hit by a crisis.

Adding fuel to the fire of market uncertainty were developments taking place in the United States- the epicenter of the 2007-08 Financial Crisis. In August, Standard & Poor’s made a landmark decision to downgrade US sovereign debt from its prized AAA rating amid a political stalemate over the country’s debt ceiling. Citing a lack of confidence in the country’s ability to reach a political solution, S&P lowered its long-term sovereign credit rating and said it was pessimistic about future decision making. The historic move by S&P reflected the rating agencies’ push to become more proactive than they were during the financial crisis.

Within this context, a breakout short from the Pennant to reflect the selling of Euro and the safe-haven buying of the Japanese Yen was inevitable. This began on September 8, 2011, with a bearish candle signal on the Daily Chart.



FIGURE 2- EURO JPY- DAILY CHART SIGNAL


http://4.bp.blogspot.com/-bjDbkif5Od...ILY+BLOG+2.png




As the currency pair presented this trading opportunity, entry took place immediately, with the target set for 200 Pips as per the methodology.



FIGURE 3 - EURO JPY - DAILY CHART RESULT

http://1.bp.blogspot.com/-NbmAM03yI9...ILY+BLOG+3.png



The target was hit after few days for 220 Pips, with slippage taking place to capture a few extra pips. This exit point also coincided with the appearance of Tweezer Bottoms, which are signals that indicate the end of a Breakout.

During this time, a Range had been formed on the Daily Chart of the USD CAD pair that also reflected the pessimistic sentiment of the market. This Consolidation would also be broken to reflect the safe-haven buying of the US Dollar.


FIGURE 4 - DAILY CHART- USD CAD

http://3.bp.blogspot.com/-jYJ1CXCuP_...ILY+4+BLOG.png




The signal to start the breakout came on September 21, 2011 in the form of a bullish candle breaking Resistance. That signal coincided with statements from the International Monetary Fund in which it forecast slower growth in the UK and the US and warned that the Sovereign debt and banking sector problems in the euro area had proven much more tenacious than expected.



FIGURE 5 - USD CAD - DAILY CHART

http://4.bp.blogspot.com/-KbByj8K2hJ...GNAL+BLOG5.png





Once again, entry took place on the same day of the signal, with the target of 200 Pips being set. This target was successfully hit a few days later.



FIGURE 6- USD CAD- DAILY CHART RESULT


http://2.bp.blogspot.com/-nkJotYTmLt...ESULT+BLG6.png



The exit point for this trade took place at the area where consolidations normally end. This area is referred to as the Breakout Equivalent and is a concept that is applied to all consolidation types. Once this is correctly identified - based on certain parameters related to the consolidation in question- exit points for trades can be more confidently established. This allows the trader to be able to avoid the volatility and the pullbacks that normally follow the end of these breakouts.

The 2008 Financial Crisis also provided opportunities that were clear, strong and in sync with the types of setups that are targeted for trading. These setups formed part of the back-testing of the methodology and confirmed its robustness during these tail risk events. Consolidations were also formed during the early stages of the crisis, but these were much larger given the severity of the situation that was unraveling.


TRADING WITHIN CONSOLIDATION

Trades can also be executed within Consolidation boundaries instead of waiting until they are broken. To justify trading within these volatile setups, however, the distance between Support and Resistance should at least be 300 Pips. The EURO USD provided such a Consolidation, when it formed a 600-Pip Range between March and August of 2008.



FIGURE 7 - EURO USD-DAILY CHART


http://4.bp.blogspot.com/-nMP5gqgymC...NGE+BLOG+7.png




There were several important financial events that took place during this period, that sustained the high level of tension in the market. These included;

 

1. The US Federal Reserve Board announcing the creation of the Term Securities Lending Facility, which would lend up to US$ 200 billion of Treasury securities for 28-day terms;

1. The Federal Open Market Committee increasing its swap lines with the ECB;

1. The Federal Reserve Board approving the financing arrangement announced by JPMorgan Chase and Bear Stearns while also stating that it would closely monitor market conditions and provide liquidity as necessary to ensure the orderly function of the financial system;

1. The Federal Reserve Bank of New York announcing that it would provide term financing to facilitate JPMorgan Chase & Co`s acquisition of The Bear Stearns Companies Inc.;

1. The Office of Thrift Supervision in the US closing IndyMac Bank, F.S.B.;

1. The US Securities Exchange Commission issues an emergency order temporarily prohibiting naked short selling in the securities of Fannie Mae, Freddie Mac and primary dealers at commercial and investment banks;

Shortly after these events, a Bear Crown Setup appeared on July 29, 2008 at Resistance to signal a move down to Support. This would be the final bearish trend inside the Range, ahead of the breakout short and more aggressive safe-haven buying of the Greenback.



FIGURE 8 - DAILY CHART- EURO USD

http://1.bp.blogspot.com/-rN9V7L5WIz...ILY+BLOG+8.png




With the strong signal given, entry would have taken place at the close of the candle at 1,5589 and the 200-Pip target set at 1,5389. This would have been hit a few days later, just above the Support at 1,5320.


The examples presented here are a mere small sample of the opportunities that have arisen over the last 6 years. Regardless of the prevailing market conditions, there will always be currency pairs that provide high probability setups that fit the criteria established in the trading strategy. The key is to have the right tools to accurately identify these setups and capture as many of the pips on offer, as often as possible.

____________________________________________________________________

Additional details related to these and other trade setups can be found in the Trade Manual available at Lulu.com.


http://www.lulu.com/shop/duane-sheph...-21662385.html

_____________________________________________________________________

NZD USD - 10 PIPS AWAY FROM SHARP DECLINE

Following a strong False Breakout rally for the Kiwi against the US Dollar, the currency pair has now settled above the Resistance of its Range just 10 Pips away from a major Resistance formed 3 years ago. If this price is hit over the next few days, we are likely to see a sharp decline of several hundred Pips that carries it back inside the Range and possibly even lower over the next few months.


The Daily Chart below shows the False Breakout below the Support of the Range that turned into the sharp rally over the last few weeks.


DAILY CHART


http://3.bp.blogspot.com/-WhASmwc0e1...WI+DAILY+1.png



Despite the fact that False Breakouts usually lead to a break at the other end of the Consolidation, the Bull Candles above the Resistance have so far been very weak. This gives us a very small probability of a continued breakout that supports further gains for the Kiwi. One reason for this might be due to the fact that we are very close to a major Resistance that was formed in August of 2011- a major Resistance that has not yet been tested.


As we can see from the graphs below, this Resistance was formed when the strong 2-year rally came to an end and led to the formation of a large Pennant setup. Any Resistance or Support price formed when a major trend comes to an end is likely to lead to sharp reversals when tested for the first time. Whenever such a test is close to taking place, the market tends to hesitate ahead of this test-partly due its significance and partly because of the growing expectations of the trend reversal to follow.


DAILY CHART

http://1.bp.blogspot.com/-0H9HVLRmzD...WI+DAILY+3.png



DAILY CHART


http://1.bp.blogspot.com/-HVCqFod-W3...WI+DAILY+6.png


Assuming that the market will rally to hit this Resistance, let´s see what is likely to take place thereafter. This pullback would take us back inside of the Range where it could continue to oscillate between Support and Resistance, moving by 230 Pips on each occasion.


DAILY CHART

http://3.bp.blogspot.com/-bWJ8n1vYwi...wi+daily+4.png



If the Candlestick Signals are strong enough with little volatility, trading within this Range can be very profitable. ABC Signals, Consolidation breaks and Trend Line breaks are possible signals that could provide entry signals inside of this setup.


Alternately, instead of continuing to move inside of the Range, the pullback at Resistance could lead to an even stronger breakout that breaches the Support, the Resistance of the large Pennant and an Uptrend Line. This would take us down to the 0,7900 area of Support over the next few months, as the US Dollar recovers lost ground of over 900 Pips.


DAILY CHART


http://2.bp.blogspot.com/-TXpAgNSq33...WI+DAILY+5.png



Trading this breakout would also involve the use of ABC Signals, Consolidation breakouts as well as Counter Trend Line breaks. Trades can be held for a much longer period over the course of weeks or months, with less monitoring required compared to trading within Ranges.


Under both scenarios, the signals and the corresponding setups given on the Daily and 4 Hour Charts need to be strong and clear enough. Once these are provided and the trade meets the other criteria established to justify entry, consecutive gains will be realized by traders.

______________________________________________________________

Explanations of Consolidations, Breakouts & Trade Setups can be found in

http://3.bp.blogspot.com/-LByI4XaX-5...00/COVER+1.jpg

Available at

http://static.lulu.com/images/servic...20140709062411

______________________________________________________________

USD JPY BREAKING OUT SHORT- CRISIS LOOMING?

As we continue to struggle in a very low liquidity environment for the Currency Market, the USD JPY has also fallen victim to the absence of meaningful, tradeable volatility. This has led to the formation of a 145-Pip Range within which the pair has moved since the middle of April this year. Short-term aggressive traders may have profited from this period of market indecision by trading between Support and Resistance despite the erratic nature of the candles. However, those focused on the larger picture could be rewarded for their patience with a strong bearish breakout of 300 Pips that seems to be looming following the break of two previous Uptrend Lines.

The chart below shows the Range within which we have been for the last 3 months. Traders who enter and use the Resistance and Support boundaries for Stop Losses would have done so at the 102,75 and 101,30 price areas, respectively.


DAILY CHART

http://2.bp.blogspot.com/-EVGZyxpmWS...PY+DAILY+1.png


Trading based solely on Support and Resistance without strong candle signals can be a very risk strategy given the possibility of large price spikes at these areas. The absence of such strong candle signals also leads to unexpected Double Tops and Bottoms that appear at the mid-point of these Ranges. On the other hand, if these Range traders were to instead take a broader look at this currency pair, they would see the potential for even larger gains in the next few days.

The chart below shows that this Range is actually sitting atop the Outer Trend Line that has been in place since November of 2012. We can also see that the movement to this Trend Line followed the break of two Inner Trend Lines.


DAILY CHART

http://4.bp.blogspot.com/-BnTYwdyqIh...PY+DAILY+2.png


In general, trend reversals tend to occur whenever there are successive breaks of trend lines and/or long periods of indecision and sideways patterns. Whenever they are as large as the patterns that we are seeing here, however, they are usually associated with a major change in investor sentiment such as with the GBP USD prior to the safe-haven trading of 2008;


DAILY CHART - GBP USD

http://4.bp.blogspot.com/-AwDUEQdKzJ...SD+DAILY+3.png


And the return of risk-appetite to the markets in 2009;


DAILY CHART - AUD USD

http://2.bp.blogspot.com/-wCiHBXubEy...USSI+DAILY.png



Given that we are seeing something very similar with the USD JPY, we are very likely to see a significant trend change associated with another major shift in market sentiment. If this actually takes place, it is likely to start with a break of the Support of the current Range setup.


DAILY CHART

http://1.bp.blogspot.com/-0btrhBZFPV...PY+DAILY+3.png


Even though such a major trend change could last for several months, let's examine what can take place in the very short-run period of 7 to 14 days.


As the breakout begins, there will be several price points of Support to provide traders with good exits for their trades. However, given the precocious nature of breakouts, the trader would need to know beforehand that a particular Support point targeted for profit, will in fact be hit before the trend ends.


This is where the concept of the Breakout Equivalent becomes useful. It measures the distance over which the breakout is expected to take place before coming to a slow or abrupt end. Knowledge of this price and how to measure it allows traders to set their pre-determined pip targets with greater certainty and avoid the trap of unexpected reversals. If this breakout actually takes place in favour of the Japanese Yen, the Breakout Equivalent target would be at 98,40, some 300 Pips away from the current price.


This concept can be seen throughout the Currency Market, with the USD CAD providing a very recent example.


DAILY CHART - USD CAD

http://4.bp.blogspot.com/-GZHx9xJEXt...AD+DAILY+1.png


In this case, the Breakout Equivalent took us very close to a major Uptrend Line that started in September of 2012. You will also notice that the breakout signal was strong enough to give traders the added confidence that we would not fall into the trap of a False Breakout to go long. Once a strong enough signal is given to start a breakout, pre-determined targets can be comfortably set to capture between 100 and 200 Pips (125 Pips in this example).


Another major issue related to these setups is the holding period for our trades. Breakouts can last anywhere from a few days to a few weeks depending on the speed of the market and the size of the Consolidation. This means that two currency pairs with similar size Ranges can reach their respective target at different times. Given that we do not necessarily want to hold our trades open indefinitely, what would determine our decision to stay in these trades for 4, 7, 10 or 14 days?

____________________________________________________________

More details on Consolidations, Breakout Equivalents and Holding Periods can be found in the Trading Manual,

http://2.bp.blogspot.com/-LByI4XaX-5...00/COVER+1.jpg

Available now at

http://static.lulu.com/images/servic...20140709062411

____________________________________________________________

WEEKLY RANGE KEEPS GBP USD TRADERS HOLDING GAINS

The Pound Sterling has been in a steady uptrend over the last few months in keeping with growing expectations of a rate increase by the Bank of England. This has led to very profitable trading opportunities for Swing Traders who are patient enough to hold on to their trades for several days at a time. One such opportunity presented itself several days ago when there was a strong break of a Counter Trend Line (CTL) that appeared to indicate the resumption of the trend. However, this signal was one to have avoided given its proximity to the Weekly Range- an important price barrier that all currency pairs obey before pulling back. Those lucky enough to have spotted this price barrier would have easily avoided the pullback and been able to hold on to their trading gains.


In the chart below, we can see that the most recent uptrend began with a breakout from a Pennant Consolidation Setup. This led to price gains of several hundred pips over the next few days before pausing to pullback and form this CTL Setup. Following this pullback, another Bull Candle was provided to signal another entry possibility to capture more pips in the direction of the Pound.


DAILY CHART

http://3.bp.blogspot.com/-DLxRTJWCWW...SD+DAILY+1.png



As tempting as this appeared to be, caution needed to have been exercised here. Given that we were very close to the Weekly Range, entry at this latest signal would have led to a floating loss for several days or Stop Losses being triggered. The better option is always to wait on the sidelines until the currency pair goes through its natural cycle of pullbacks at these areas and then provides another signal to start a new Weekly Range trend.


DAILY CHART

http://2.bp.blogspot.com/-izwGC2qSrP...SD+DAILY+2.png



Such an opportunity could come from another strong break of the latest CTL or a Consolidation that could also be formed in the next couple of days. In either case, the price area of 1,7485 could be the next Weekly Range target to be hit for more trading gains, once the right setup is provided.

________________________________________________________________

Want to know more about Weekly Ranges, Pennants and the Trade Setups to look for?

Get my Trading Manual,

http://2.bp.blogspot.com/-LByI4XaX-5...00/COVER+1.jpg

Available at

http://static.lulu.com/images/servic...20140709062411

________________________________________________________________

NZD/USD.. 3 year cycle.. hi to hi..??????

Hey all, back with you,


This is the result for the more aggressive version of my Methodology after just 2 months.







It involves trading Trends and Consolidations of all types, using Candlestick Formations on the Daily and 4 H Charts.


These are the main elements of the 4 Swing Trading Strategies that make up the system

 

1. Identification of Market Direction using Candlestick Patterns;

1. Using the Daily & 4 Hour Charts for Entry Signals & Stop Placement;​

1. Aiming for 100 to 200 Pips Per Trade;

1. Keeping Trades open for a Pre-Determined Holding Period;

1. ​Never Actively Monitoring the Trades - "Setting It and Forgetting It";

​


The last 2 trades were a 108 Pip Gain on the AUD CHF as it rallied to Resistance of its Large Pennant,

and the EURO USD as it declined to the Support of a Large Pennant...










This system provides fast trading gains almost everyweek. Targets are large and are based on very reliable Candlestick Signals. A detailed set of Trading Rules are used for each strategy and the Holding Period for most ranges between 1 to 7 Days.

All of this is based on the theories and techniques in the Newly Revised Trading Manual and Trade Signals that provide these large trading gains..







Get you Manual and Trade Signals Today.






Duane
DRFXSWINGTRADING

Hey Traders how goes it?

After taking 2017 to create and test a more aggressive Swing Strategy, between February and July you will see targets of 30% Per Month on my Live FxPro Account being hit with this new approach. Traders who are Subscribers to my 6 Month or 1 Year Services will also be direct beneficiaries of this performance.

While the previous conservative version of my strategy - 100 to 200 Pips Per Trades over 7 Days - did well for Subscribers in 2015 and 2016...







...changing market conditions have limited major breakout opportunities that this strategy depended on. As such, I discovered that there were smaller ranges of movements that could be captured within just 24 Hours that had a High Probability of Success. The Candlestick Patrerns, Signals and Consolidation Setups on the Daily and 4 Hour Charts continue to be the main tools of this strategy.





By only trading a few of these setups each month- even with a few losses along the way- larger turnover can be realized for Retail Traders over the short term and long-term...







Having tested this strategy in the Dukascopy Contest in December to see if this target could be hit..





....I am confident that the current Rate of Return of 7.34% for February from just 2 trades...





..is very likely to lead to the first of many 30% Returns being hit for both myself and Subscribers.


From time to time, the results of trades will be posted here. However, more details about the Strategy and Trade Results are available on my blog at drfxtrading.blogspot.com where you will find details of how to access my private Mentoring Service.






Happy Trading

Hey Traders

Below is the Summary of my Results and Monthly and Weekly Goals for my Live Account








Lets see what this week brings.

SIGN UP TODAY

OR TRY IT FOR 3 MONTHS

Sounds Good?

Contact Me for your Subscription Service Invoice Today!

All Payment Types Processed by PayPal.

Bank Transfer Also Available.

Your Mentor

Duane Shepherd

(M.Sc. Economics, B.Sc. Management and Economics)

Currency Analyst/Trader

[email protected] /(876)-3825648

Twitter: @WorldWide876

Facebook: DRFXTRADING

Hey Traders



This trade took advantage of the formation of a Range Setup on the Daily Chart to provide me and DRFX Subscribers with a 100 Pip trading gain - in just 18 Hours! This also represented a 4.89% Return from this trade on my Live Account to push the overall Return to 12.96% in just 3 Months - from only 8 trades and just 2 losses!

EURO JPY TRADE SUMMARY

https://1.bp.blogspot.com/-ZPsEZfw_9...503-143036.png

4 HOUR CHART EURO JPY

https://3.bp.blogspot.com/-rqyoJAADV...503_142713.png

SUMMARY OF TRADES

https://2.bp.blogspot.com/-sndYVhK1-...503-161808.png

SUMMARY OF STATISTICS

https://3.bp.blogspot.com/-NUXcZORvh...503_142508.png

RATE OF RETURN

https://1.bp.blogspot.com/-9QLx0GWKc...503_162920.png

SUMMARY OF RETURNS

https://2.bp.blogspot.com/-mehl8UuxP...503_163623.png

TRADE SETUP AND TRADING THEORIES USED

The trade also took advantage of the Technical Theories of Japanese Candlesticks, Consolidations and Trend Lines from my Trading Manual (included in your Subscription to my Services - see Website for details) that allow us to accurately forecast and take advantage of major price movements each week.

DAILY CHART SETUP & PREDICTED DECLINE

https://4.bp.blogspot.com/-l--zuES12...504_093808.png

DAILY CHART DECLINING AS PREDICTED

https://1.bp.blogspot.com/-n_FGzaWGW...504_093110.png

4 HOUR CHART ENTRY SETUP

https://1.bp.blogspot.com/-C3N96rm9E...504_093901.png

TRADING TARGET HIT

https://4.bp.blogspot.com/-CFRIMvije...504_093931.png

THE TRADING MANUAL

https://3.bp.blogspot.com/-wpfjmtk3C...D%2BMANUAL.jpg

THE THEORY OF HOW CONSOLIDATIONS ARE FORMED

https://1.bp.blogspot.com/-ZBY5yt0TK...%2BCHAPTER.jpg

https://2.bp.blogspot.com/-vekQUpy1P...S%2BMANUAL.jpg

THE THEORY OF FALSE CONSOLIDATION BREAKOUT REVERSALS

https://1.bp.blogspot.com/-OsAPZt-_o...2BFIG%2B49.png

https://4.bp.blogspot.com/-fj7rPnAV0...H%2BMANUAL.jpg

THE THEORY OF BEAR CROWNS/HEAD AND SHOULDERS PATTERNS

https://1.bp.blogspot.com/-16Cxc-1no...%252BPDF-1.png

Check out the Video Summary Below

https://img1.blogblog.com/img/video_object.png


Start Trading Today!

________________________________

Your Mentor

Duane Shepherd


https://2.bp.blogspot.com/-QXTX19o2c...222_095427.png

(M.Sc. Economics, B.Sc. Management and Economics)

Currency Analyst/Trader

[email protected] /(876)-3825648

Twitter: @WorldWide876

Facebook: DRFXTRADING
Website : swingtradingmentoring.com


https://2.bp.blogspot.com/-mEjHEA2QT...414_185954.png

________________________________

There are many well-intentioned Forex Courses and Mentors globally. However, most fall short of the mark in terms of what you really need to take advantage of the Forex because of the limited Testing and Research that went into creating their Systems.

This is why they only work in the Short-Term.

To correct this, you need to have a totally new approach from the ground level with theories that have been extensively tested for 10 years, during both Normal and Abnormal market conditions.

This is what you will finally get as a DRFX Subscriber.

________________________________

https://1.bp.blogspot.com/-eAFpQLR4-...2BSIGNAL-1.jpg

https://1.bp.blogspot.com/-5xh6s8M0i...E%2BVIDEOS.jpg

https://4.bp.blogspot.com/-DyxZBVNZY...52BSUPPORT.jpg

https://4.bp.blogspot.com/-4ObV4eMxt...BVIP%2BNEW.jpg

________________________________

This trade took advantage of the formation of a Range Setup on the Daily Chart to provide me and DRFX Subscribers with a 100 Pip trading gain - in just 18 Hours! This also represented a 4.89% Return from this trade on my Live Account to push the overall Return to 12.96% in just 3 Months - from only 8 trades and just 2 losses!

EURO JPY TRADE SUMMARY

https://1.bp.blogspot.com/-ZPsEZfw_9...503-143036.png

4 HOUR CHART EURO JPY

https://3.bp.blogspot.com/-rqyoJAADV...503_142713.png

SUMMARY OF TRADES

https://2.bp.blogspot.com/-sndYVhK1-...503-161808.png

SUMMARY OF STATISTICS

https://3.bp.blogspot.com/-NUXcZORvh...503_142508.png

RATE OF RETURN

https://1.bp.blogspot.com/-9QLx0GWKc...503_162920.png

SUMMARY OF RETURNS

https://2.bp.blogspot.com/-mehl8UuxP...503_163623.png

TRADE SETUP AND TRADING THEORIES USED

The trade also took advantage of the Technical Theories of Japanese Candlesticks, Consolidations and Trend Lines from my Trading Manual (included in your Subscription to my Services - see Website for details) that allow us to accurately forecast and take advantage of major price movements each week.

DAILY CHART SETUP & PREDICTED DECLINE

https://4.bp.blogspot.com/-l--zuES12...504_093808.png

DAILY CHART DECLINING AS PREDICTED

https://1.bp.blogspot.com/-n_FGzaWGW...504_093110.png

4 HOUR CHART ENTRY SETUP

https://1.bp.blogspot.com/-C3N96rm9E...504_093901.png

TRADING TARGET HIT

https://4.bp.blogspot.com/-CFRIMvije...504_093931.png

THE TRADING MANUAL

https://3.bp.blogspot.com/-wpfjmtk3C...D%2BMANUAL.jpg

THE THEORY OF HOW CONSOLIDATIONS ARE FORMED

https://1.bp.blogspot.com/-ZBY5yt0TK...%2BCHAPTER.jpg

https://2.bp.blogspot.com/-vekQUpy1P...S%2BMANUAL.jpg

THE THEORY OF FALSE CONSOLIDATION BREAKOUT REVERSALS

https://1.bp.blogspot.com/-OsAPZt-_o...2BFIG%2B49.png

https://4.bp.blogspot.com/-fj7rPnAV0...H%2BMANUAL.jpg

THE THEORY OF BEAR CROWNS/HEAD AND SHOULDERS PATTERNS

https://1.bp.blogspot.com/-16Cxc-1no...%252BPDF-1.png

Check out the Video Summary Below

https://img1.blogblog.com/img/video_object.png


Start Trading Today!

________________________________

Your Mentor

Duane Shepherd


https://2.bp.blogspot.com/-QXTX19o2c...222_095427.png

(M.Sc. Economics, B.Sc. Management and Economics)

Currency Analyst/Trader

[email protected] /(876)-3825648

Twitter: @WorldWide876

Facebook: DRFXTRADING
Website : swingtradingmentoring.com


https://2.bp.blogspot.com/-mEjHEA2QT...414_185954.png

________________________________

There are many well-intentioned Forex Courses and Mentors globally. However, most fall short of the mark in terms of what you really need to take advantage of the Forex because of the limited Testing and Research that went into creating their Systems.

This is why they only work in the Short-Term.

To correct this, you need to have a totally new approach from the ground level with theories that have been extensively tested for 10 years, during both Normal and Abnormal market conditions.

This is what you will finally get as a DRFX Subscriber.

________________________________

https://1.bp.blogspot.com/-eAFpQLR4-...2BSIGNAL-1.jpg

https://1.bp.blogspot.com/-5xh6s8M0i...E%2BVIDEOS.jpg

https://4.bp.blogspot.com/-DyxZBVNZY...52BSUPPORT.jpg

https://4.bp.blogspot.com/-4ObV4eMxt...BVIP%2BNEW.jpg

________________________________

Hey Traders

Latest trade came from the CAD JPY which provided a 65-Pip Trading Gain using the Theory of False Breakout Reversals.





This 3.13% Return has now pushed us closer to hitting the first 2 Rate of Return Targets by the middle of June.





Main Highligjts of the Trade




Video Summary of the trade.




Subscribe Today!

Questions? Let me know.

Duane
www.swingtradingmentoring.com
www.drfxtrading.blogspot.com


Duane

Hey traders

Updating you on the last trades so far with my new Methodology that began in February this year. Now up 21.6% heading to 30% then 48% in the next few weeks!
Latest trade came from the GBP USD as me and my Subscribers took advantage of the current Sharp Downtrend.

Checkout the pictures and detailed Video Analysis of the trade below and then Subscribe!