MAJOR NZD JPY REVERSAL AS PREDICTED - 10 DAYS AGO



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 Resistance with a Strong Bull Candle, the pair was about to hit a major Resistance Price Point, which is one of three main Market Factors that usually lead to these types of pullbacks.



If one or more of these 3 factors (see Trading Manual) are present, you will generally see the market head back inside of the Consolidation. This can take many forms as illustrated below from the Trading Manual....













Therefore, given the significance of the Resistance Point that was hit, it was expected that the market would respond by pulling back...
DAILY CHART- MAJOR RESISTANCE HIT

DAILY CHART - CONSOLIDATION BREAKOUT ATTEMPT



2. WAVES THAT LEAD TO THE FORMATION OF CONSOLIDATIONS

The 2nd Market Factor that indicated the start of a reversal relates to the Bullish and Bearish Waves that form Consolidations. As you can see in the graph below from the Trading Manual, once the market has formed 2 Consecutive, Sharp & Opposing Bull and Bear Trends, they usually lead to a Consolidation Setup.




As you can see below, these were the same types of waves already formed on the Daily Chart, indicating that a reversal to create a 3rd Wave was likely...

DAILY CHART- WAVES FORMING CONSOLIDATION







...from the chart below, you can now this predicted Consolidation and Wave now taking shape ...

DAILY CHART- 3RD WAVE BEING FORMED


______________________________________________

 SO HOW CAN YOU USE THIS INFORMATION AS A TRADER?
______________________________________________

1. EASILY AVOID MARKET REVERSALS


As a DRFX Trader focusing solely on the Larger Charts, you will be able to spot these major market pullbacks well ahead of Day Traders. You can identify where they will take place and position yourself to take advantage of them.

2. STOP BLAMING BROKERS AND CONSPIRACY THEORIES FOR LOSSES

Once you trade on the 4 Hour and Daily Charts, you can no longer use the excuse that there are crooked brokers and powerful persons determined to empty your account. These reversals do not appear of out of nowhere. There a are clear, Technical Factors that are responsible for 95% of what takes place. Once you are aware of them, you will be on the right side of the market.



_______________________________










________________________________








________________________________























________________________________




________________________________


________________________________



Sounds Good?

Contact Me for your Free 10-Day Trial or for your Subscription Service Invoice Today!

 All Payment Types Processed by PayPal.


Bank Transfer Also Available.

Your Mentor



Duane Shepherd
(M.Sc. Economics, B.Sc. Management and Economics)
Currency Analyst/Trader
shepherdduane@gmail.com /(876)-3825648
Twitter: @WorldWide876
Facebook: DRFXTRADING

________________________________






Comments

  1. alitergalenDecember 3, 2017 at 8:26 PM

    Apply to join our dynamic, friendly team of professionals for a Career In Forex.

    ReplyDelete

Post a Comment

Popular posts from this blog

STRATEGY NOW UP BY 23.78% WITH RECENT 2.00% USD CHF TRADE

Image
This trade involved trading the False Breakout Reversal Setup that was taking place on the Daily and 4 Hour Charts last week, amidst the period of risk aversion across markets in reaction to the on going Coronavirus outbreak. This quick and aggressive trade took just 4 Hours in providing me with a 2.00% Rate of Return, just ahead of the Bullish Reversal that took place at Support. With this result, the new strategy is now up by 23.78% from just 14 trades, pushing me closer to the next major target of a 30% Rate of Return. As long as we carefully and patiently wait to only trade the setups with a High Probability of Success, large Rates of Return are possible for us in this difficult market.  VIDEO HIGHLIGHT OF THE USD CHF TRADE The main factors related to this trade that you'll seen in the Manual and in the more detailed Video Analysis available only to my subscribers were: 1. Accurately Identifying Consolidation...
Read more

SHARP GBP USD RALLY PREDICTED 7 DAYS AGO

Image
As predicted several days ago, the GBP has rallied sharply above major Support area of 1,2000 to start an uptrend that will take it up to the 1,2750 area by Wednesday January 25th, 2017. This is all part of the predicted  formation of a Consolidation Setup on the Daily Chart. In the screen shot of the Private Video Tutorials sent to DRFX Subscribers (www.drfxswingtrading.com), you can see the blue line used to indicate where I expected the rally. PRIVATE VIDEO LESSON - JANUARY 10, 2017 In the screenshot and Youtube Video below of January 18, you can see that the rally took the form of a strong Bull Candle - exactly where I predicted. PRIVATE VIDEO LESSON JANUARY 18, 2017 This projected Consolidation is based on the type of bullish and bearish waves on the Daily Chart. From the Trading Manual, you will see that there are certain types of waves that tell us when the market will form a Consolidation. ...
Read more

FOREX TRADING MANUAL & TRADING SERVICES

Image
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...
Read more