DRFX FOREX SWING TRADING

As strong as some Bullish or Bearish Candlestick Signals may be, they can easily lead to unexpected losses and stressful situations for traders if they are traded in the wrong scenario... THE RIGHT VERSUS WRONG TRADE SCENARIOS When it comes to trading within Consolidations, making this distinction is a very common challenge. While Consolidations are being formed, we can trade the Bullish and Bearish Waves that the market provides during this process. However, we have to know the Appropriate Signals that can be traded for the TYPE and  SIZE of the Consolidation being formed. Otherwise a signal that worked for you in a previous situation may lead to losses the next time you trade it. DOUBLE BOTTOMS & ABC SIGNALS An example of this is the case of the Double Bottoms and ABC Signal that are now seen on the 4H Chart on the EURO NZD. In the video below, I  explain why these signals may not lead to a Bullish Movement that can be traded.

The sharp gains in favour of the Japanese Yen against the New Zealand Dollar in the last several days were accurately predicted within the last 2 weeks. Based on the Theories of False Consolidation Breakouts and the patterns that predict the Formation of Large Consolidations from the Trading Manual... ....I was able to predict the start of this Reversal... REVERSAL PREDICTION DAILY CHART  VIDEO ANALYSIS ....with tremendous accuracy... DAILY CHART VIDEO ANALYSIS This reversal highlighted both the accuracy of the predictions as well as the dangers of trading on the Lower Time Frames, where you can easily miss the start of reversals that are determined by the Larger Time Frames. ______________________________________________ 1. FALSE CONSOLIDATION BREAKOUTS This was the first reason to expect the market to reverse bearish in favour of the JPY. Despite the fact that there was a breakout above Resistanc