DRFX FOREX SWING TRADING

Following a strong start to the year with the 231 Pip-gain on the NZD CHF (see Recent Trades ), an unexpected trading loss was suffered on the EURO CAD of 130 Pips last week. The expectation was for the pair to have rallied to the Resistance of its Range Setup after a strong Bullish Candle at Support. However, after a very short time, the trade was taken out by sharp, bearish reversal candles. Although this result pushed the overall return from the Methodology down to 40% after 11 trades, we are still within striking distance of the targeted 50% and 100% Rates of Return. RATE OF RETURN FROM METHODOLOGY Reflects Actual Results & Rates of Return from Live Trades Assumes a Risk of 5% Per Trade, Stop Loss of 105 Pips (Avg. of 90-120 Pip Range), 150 Pip-Gain Per Trade (Avg. of 100-200 Pip Target Range) The Range Setup on the Daily Chart for this trade was a Medium Consolidation ( Section 6 - Consolidation Trading on the Forex Market ). Based on the types of signals th...

With only 10 trades made on my Live Account and just 6 on a recently opened Demo Account, the Swing Trading Methodology shown in this blog has now provided strong Rates of Return of 47,5% and 36,99%, respectively.  Using accurate Technical Analysis and detailed Trade Setups that target the best paying opportunities each month, t hese results have now beaten all of the top 10 Currency Traders as ranked by BarclayHedge for the 9-Month Period to September 30, 2014.   PERFORMANCE OF METHODOLOGY The graph below shows the increasing trend of gains for the Dukascopy Live Account since the use of this Methodology. After an initial loss of 100 Pips on the AUD USD (see Recent Trades), the account recovered with several winning trades to produce strong, consistent results. TABLE 1- LIVE ACCOUNT RESULTS No Trading was done in August; Reflects a Risk Per Trade of 5% GRAPH 1 - DUKASCOPY LIVE ACCOUNT  Dukascopy Live Accounts cannot be linked/verified by Myfxboo...