SHARP DECLINE PROVIDES A 2.1% RETURN ON THE CAD CHF THIS WEEK




This trade provided my DRFX Subscribers with a 40-Pip Gain on Wednesday as we took advantage of the sharp decline in the value of the Canadian Dollar against the Swiss Franc. The trade also represented a Rate of Return of 2.1% on my Live Account as we traded the move that completed the formation of the Range Consolidation on the Daily Chart.  It also reflected general CAD weakness across the Forex following somewhat dovish comments by the Central Bank that implied a slower rate of increase in rates was needed due to the downward revisions to growth figures by Statistics Canada.







Check out the Video Analysis and the accurate forecast for this decline in the Charts below and then subscribe to receive Trade Setups like this every week!




VIDEO ANALYIS OF THE CAD CHF TRADE







DAILY & 4 HOUR CHART PREDICTED DECLINE TO FORM CONSOLIDATION







4 HOUR CHART BEARISH SIGNAL & ENTRY SETUP







DAILY & 4 HOUR CHART DECLINE AS PREDICTED






EXAMPLES OF CONSOLIDATION PATTERNS & CANDLESTICK SIGNALS FROM MY TRADING MANUAL







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Your Mentor

Duane Shepherd




(M.Sc. Economics, B.Sc. Management and Economics)
Currency Analyst/Trader
shepherdduane@gmail.com /(876)-393 3355
Facebook: DRFXTRADING
Instagram: @DRFXTRADINGBOSS
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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.

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