DRFX FOREX SWING TRADING

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 (Click on Chart to go to System Page at Myfxbook) 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 ...

The ability to accurately forecast and profit from the movements on the Forex Market is what you will enjoy with this  Trading Manual and Swing Trading Services . DRFX FOREX SWING TRADING With this Manual, you will learn the Techniques based on Candlestick Patterns that determine market direction every day. You'll be able to apply this knowledge to your Swing, Day Trading or Scalping strategies for Maximum Returns every week, as you trade your way to Long-Term Wealth . PREDICTING MARKET DIRECTION & PATTERNS There are times when you may be trading what appears to be an Uptrend on the 30 Minute Chart only to realize that this was part of a temporary reversal on the Daily Chart leading to unexpected losses. These problems are easily solved with the  Manual  as you’ll discover the main  Technical Factors  of the Daily and 4 Hour Charts that allow you to accurately...

The EURO USD provided us with a small trading gain of 46 Pips on Thursday as we took advantage of the sharp Bullish Reversal that was predicted in December 2015. The original trading target was 165 Pips but by the end of the Holding Period established for this trade this had not been hit, obligating us to close our trade for the smaller profit. During this trade, a sharp bearish pullback had threatened our Stop Loss, coming within 5 Pips of taking out our trade.  This pullback would have tempted many to exit the trade for fear of being stopped out. However, thanks to the rule that we have of never looking at our trades while they are open, we were able to capture this trading gain as the market u-turned and rallied once more. As a result, this trade, combined with the 138 Pips from the GBP USD, has now given us a good start to 2016 with a Rate of Return of 9.4% . The screenshot below is taken from the Private Video Analysis we did for the EURO USD in December ...

As was predicted in a recent Private Video Analysis for Subscribers, the NZD USD has begun to show volatility that is typically associated with Large Candles. This Candle appeared as part of an ABC Setup at the Support Boundary of a Range Setup on the Daily Chart as the pair heads to Resistance. Despite the strength of this Signal, I warned that trading this Candle or any other that followed would be too risky based on the theory behind Large Candles across all time frames.  As we would see the following day, the market began to pullback with a strong Bear Candle that would have taken out Long Positions that may have been opened - justifying our decision to avoid trading this pair. The video below shows the analysis that was done last week and the rationale provided about Large Candles. There are 3 main types of Candlestick Signals. One of these is the Large Candle that is very risky to trade. It is usually associated with p...