149 PIPS EURO USD, 24,7% RATE OF RETURN
This trade took advantage of the movement back down to the Support Boundary of the Consolidation Setup on the Daily Chart, following the recent U-Turn at Resistance. Entry took place on the 4 Hour Chart following the Daily Bearish Candlestick Signal in the middle of the Consolidation. After a few days, target was hit for a gain of 149 Pips, pushing our Return to 24,7% from just 4 trades in 2 months.
TRADE RESULT - EURO USD 149 PIPS
RATE OF RETURN FOR 2016
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As you'll see in the Charts and the Video Analysis below, the Daily Chart started the downtrend with a strong U-Turn at Resistance. This was followed by another Bearish Candlestick Signal which we used for this trade. With the pair expected to hit the Support boundary, our target was set to an area just above this line, with entry taking place on the 4 Hour Chart.
DAILY CHART SETUP
DAILY CHART - ENTRY SIGNAL
4 HOUR CHART ENTRY SETUP
VIDEO ANALYSIS OF TRADE SETUP
After a few days, the trading target was for 149 Pips.
DAILY CHART - TRADE RESULT
VIDEO ANALYSIS OF TRADE RESULT
This is a typical example of the trades that we execute and which you can expect to benefit from with Swing Trading and my Methodology. By targeting only the best and highest paying trades while bypassing the lower time frames, trading can be a more enjoyable and rewarding experience that provides Long-Term Wealth.
As a Subscriber, you will receive detailed analysis of these opportunities in a Video Analysis and a PDF document. These are sent to you well in advance of a trade, allowing you time to prepare for them. Once received, you will only need a few minutes to execute them and return to your full-time job as the market does all the work until the trading targets are hit.
MAIN HIGHLIGHTS OF TRADE
- Trading Within Consolidations
- Using Resistance of Ranges and Downtrend Lines for Stop Loss Placement
- Placing Stop Losses far away from temporary Pullbacks
- Targeting the larger movements of the Currency Market
- Waiting Patiently until Targets are hit
- Swing Trading is the Best Approach to Currency Trading over the Long-Term