ACCURATE EURO USD FORECAST LEADS TO AGGRESSIVE TRADING GAIN IN COMPETITION
This latest Video Analysis shows the accurate market forecast for the recent decline on the EURO USD this week. Based on the theory of how Consolidations are formed, I was able to predict this movement using the Candlestick Patterns on the Daily and 4 Hour Charts.
As you will also see, I had intended to trade the setup on my Live Account but unfortunately the price did not pullback enough to satisfy my Risk Per Trade Maximum of 4%. However, I was able to capture a small gain in the Dukascopy Competition where my Risk Per Trade Rules are more relaxed.
Overall, this video will show two things ...
1. You do not have to wait for a Consolidation Setup to be formed before trading between Support and Resistance. Once you see the waves that begin the formation of these Setups, you can trade them aggressively.
2. Once you know how to predict market movements with the Candlestick Patterns from the Trading Manual as part of your Trading Course (see below)....
.... you can capture the trading target in keeping with your strategy, whether you are a Scalper, Day or Overnight Trader.
.... you can capture the trading target in keeping with your strategy, whether you are a Scalper, Day or Overnight Trader.
DAILY CHART FORECAST
DAILY CHART FORECAST RESULT
4H CHART FORECAST & BEAR CROWN SETUP
4H CHART DECLINE AS EXPECTED
VIDEO ANALYSIS OF EURO USD DECLINE
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Your Mentor
Duane Shepherd
(M.Sc. Economics, B.Sc. Management and Economics)
Currency Analyst/Trader
shepherdduane@gmail.com /(876)-3825648
Twitter: @WorldWide876
Facebook: DRFXTRADING
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indices measure the price performance of shares from a specific exchange. For example, the FTSE 100 represents the 100 largest stocks trading on the London Stock Exchange. If these stocks increase in price, the FTSE 100 increases
ReplyDeleteThe forex market is driven by interest-rates made by any of the eight global central banks. Interest rates are important to traders as the higher the rate, the more interest earned on currency invested and the bigger the profit.
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