Posts

Showing posts from September, 2017

101-PIPS IN DUKASCOPY TRADING COMPETITION SHOWS THE POWER OF BULL CROWN SETUPS

Image
This trade was done in this competition instead of being sent out as a Trading Signal because the setup on the 4 H Chart was a little too risky to justify trading on a Live Account. Nevertheless, the Setup and Trade Result highlighted the importance of Bull Crowns in providing Trend Changing Signals that can be profitable. Below you can see the screen shot of the Section of the Trading Manual that speaks to Bull and Bear Crowns, also known as Head & Shoulders Patterns.  As you will also see in the Video Below, this Bull Crown was done within a Large Pennant Setup on the Daily Chart, where Trend Changes take place frequently using these Signals to start strong moves.                       VIDEO ANALYSIS OF 101-PIP TRADE RESULT This was yet another example to show that, once you spot these powerful Candlestick Patterns that take place with Trend Changes, you can aggressively and confidently trade them with my Strategies, so long as t