A 10% RATE OF RETURN FROM THE FOREX IN JUST 6 WEEKS FROM ONLY 4 TRADES

Since the start of the aggressive Swing Trading Strategy in February of this year, the Live Account has now realized a return of 10% from just 4 trades, with the latest result coming from the Long Position on the USD CAD that provided 43 Pips in just 24 hours!

USD CAD 4 HOUR CHART

RATE OF RETURN AS AT MARCH 17, 2018

This means that only a couple of trades are now needed in the next few days to hit the target of 14%,  before moving on to the other major targets in the weeks and months ahead.

RATE OF RETURN TARGETS

February to July 2018 trading targets. Due to market conditions,  targets may be achieved a few weeks after the month ends. Rate of Return targets assume an average Risk Per Trade of 2%, trading 5 to 7 times per month.

THE SWING TRADING STRATEGY 

The new strategy of targeting 50 to 70 Pips (in most cases) builds on the previous conservative strategy that targeted 100 to 200 Pips Per Trade. Instead of waiting for up to 7 Days for our targets to be hit, this new strategy needs only 24 hours for strong trading gains to be realized. 

Both Strategies involve(d) forecasting and then trading in the direction of the Weekly Direction of each Currency Pair.

While that strategy provided good conservative returns of 40% on average each year....

Rates of Returns for 2015 and 2016, respectively. 2017 had a small loss as it was dedicated to creating the new strategy that has now started in February - which was successfully tested in the Dukascopy Trader Contest.

...the new strategy is more aggressive in capturing smaller targets with greater frequency each month, which is expected to give us even larger returns in a much shorter time.

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THE USD CAD TRADE

This latest trading gain took advantage of the strong rally that started in the early part of February this year, as the pair began its movement from Support to Resistance within the very Large Pennant Consolidation of the Daily Time Frame.

LARGE PENNANT SETUP ON THE DAILY CHART

EXAMPLES OF PENNANTS FROM THE TRADING MANUAL

Taken from the section of the Trading Manual focusing on how to accurately draw Consolidation Boundaries.

DAILY CHART GAVE A BULLISH SIGNAL INDICATING THE CONTINUATION OF THE RALLY 

THE 4 HOUR CHART FALSE BREAKOUT REVERSAL PROVIDED THE ENTRY SETUP & STOP LOSS AREA 

The Support Point provided by the U-Turn above the Resistance of the Consolidation and the Uptrend Line were used for our Stop Loss.

EXAMPLE OF A FALSE BREAKOUT REVERSAL FROM THE TRADING MANUAL 

False Breakout Reversals occur when the pair fails to breakout at one end of the Consolidation and then U-Turns aggressively to break out at the other end.

ENTRY SETUP FOR THE TRADE

Entry took place with an intended target of 50 Pips, using a larger than average Stop Loss of 100 Pips that would ensure the trade was protected against temporary reversals. This exception to the 40-Pip Stop Loss rule is applied when entry takes place using the Daily Candlestick Signal, which usually requires larger stops relative to 4 Hour Chart entries. 

The Holding Period for the trade was set at 24 Hours from entry which took place just after 5PM Eastern Time on Thursday March 15th when the Daily Candle closes (The New York Close). As we approached the end of this period - which coincided with the close of the trading week on Friday - the target was not yet hit. The decision was therefore taken to close the trade in sync with the rule to provide us with a strong gain of 43 Pips and a Rate of Return of 1.71%...

FXPRO LIVE ACCOUNT 4 HOUR CHART TRADING RESULT

FXCM Charts are used to identify Market Direction and Entry Signals based on the New York Close of the Daily Candlestick Signal. However, my trades are done on my FxPro Account (better user-interface when executing trades).

SUMMARY OF TRADE RESULTS

As you can see from the chart below, if we did not exit as dictated by the Holding Period rule, all our gains would have been erased in the blink of an eye...

4 HOUR CHART REVERSAL CANDLE

With the Forex Market having a Failure Rate of at least 95%, having this Holding Period rule in place is key to avoid being greedy and becoming a successful trader over the Long Run.

CONCLUSIONS OF THIS TRADE SETUP

1. Trading within Large Consolidations can provided profitable opportunities. 

2. Entry based on the Daily Chart Candle often requires larger Stop Losses.


3. Stop Losses placed at strong areas on the 4 Hour Chart will protect your trade against temporary reversals.


4. The Theories from the Trading Manual are exactly what you will see in the Forex Market everyday.


5. Only a few trades are needed to be profitable in this market.


6. Always obey the Holding Period even if it means a smaller trading gain in order to avoid being greedy in a very unforgiving Financial Market.

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Happy Trading

Your Mentor

Duane

DRFXTRADING

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1. CLEAR AND DEFINED LEARNING OUTCOMES 

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2. CLEAR AND DEFINED RATE OF RETURN TARGETS

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Reflects the performance of the strategy since it began in February 2018.

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3. CLEAR AND DEFINED SWING TRADING STRATEGY

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The Previous Conservative Strategy targeted 100 to 200 Pips of these movements per trade each month. This provided average annual returns of 40% in 2015 and 2016. 

Despite these great results, a more aggressive strategy is now being used beginning February 1st, 2018.

(Some Trades - where justified - will use larger Stop Losses)

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4. TRADING ACCURACY BEYOND THE COMPETITION

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 NZD CHF CONSOLIDATION BREAKOUT IN JANUARY 2015 

ACCURATE EXIT AHEAD OF THE SWISS NATIONAL BANK "SHOCKER" - JUST A FEW DAYS LATER

(See full description of this trade here New Year off to a Flying Start - 231 Pips & 194 Pips on NZD CHF Trade & more Financial Crisis trade results here 200 Pip Targets Still Hit During Financial Crisis )

 Candlestick Patterns accurately identify the best Trading Targets ahead of both Normal and Abnormal Market Reversals. 

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5. STRESS-FREE, INDICATOR-FREE SWING TRADING

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Instead of using Complicated Statistical Indicators or volatile Economic Data, the more reliable Japanese Candlestick Signals of the Daily and 4 Hour Charts are used to predict and trade the Weekly Direction of Currency Pairs.

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6. MASTERING THE WEEKLY RANGES OF CURRENCY PAIRS

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The First Step in Swing Trading the Forex with me is to accurately predict the Weekly Range Direction of the major Currency Pairs. 

All Currency Pairs have Weekly Ranges which is their average Exchange Rate Price Movements expressed in Pips over 5 to 7 Days. Trading is then done in this direction to capture our Pip Targets according to our Swing Trading Strategy.

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7.  LEARNING ABOUT TRENDS & THE PATTERNS THAT LEAD TO TREND CHANGES 

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Mastery of Downtrends, Uptrends and Trend Changes will be achieved with a detailed understanding of the Structure of these Market Patterns.

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8. IDENTIFYING CONSOLIDATION BOUNDARIES

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There are many schools of thought on how to draw Consolidation Support and Resistance Lines. However, the "Line of Best Fit" method is the only way to do this accurately. 

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9. LEARNING HOW TO PREDICT & TRADE FALSE CONSOLIDATION BREAKOUTS 

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Instead of losing due to unexpected Consolidation Market Reversals, we can master and profit from them once we understand their Structure and the Candlestick Signals that start them.

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10.  YOU WILL LEARN HOW TO PREDICT THE FORMATION OF CONSOLIDATIONS

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 Once we are able to spot the Bullish and Bearish Waves that form Consolidations, we can trade these waves for large Pip gains instead of waiting until they are completed.

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11. TRADING WITH TECHNIQUES THAT HAVE WON CONTEST PRIZES 

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WHO WILL BENEFIT THE MOST FROM THIS MENTORING SERVICE?

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Day Traders Looking to Switch to the Stability of the Higher Time Frames

Swing Traders looking for a New Trading Strategy

Japanese Candlestick Traders who want to further master these Powerful Trading Tools

Traders who no longer want to be Handcuffed to their Computers Every Day 

Traders patiently focused on their Long-Term Success from this Market

New Traders who want both the Foundation and Advanced Level Knowledge to Understand this Challenging Market 

New and Experienced Traders who want to Demo Trade to practice hitting Large Trading Targets before going/returning to Live Trading

Traders who accurately predict Market Direction but cannot decide on the right Pip Targets 

Traders who are annoyed at being Stopped Out too early only to see the market continue to their Initial Targets!

Traders who want to avoid the temptation of interfering with their Profitable Trades – that would have closed on their own at a Larger Profit had they not interfered! Yes I’m talking about you!

Traders who want Real Trading Knowledge beyond the Recycled Information readily available to all

Traders who know that there must be a Method to this “ Madness”  

Traders who are tired of Learning and Learning and more Learning and want to finally Dominate the Art of Foreign Currency Trading

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GET STARTED ON YOUR JOURNEY TOWARDS TRADING SUCCESS TODAY

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Sounds Good?

Choose Your Service Below.

Contact me to answer all your questions and to receive your Subscription Invoice. 

 All Payment Types Processed by PayPal.

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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
Website : Coming Soon - April 10th, 2018

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RISK DISCLOSURE

All the information provided in this blog and as part of my Services, including the Trading Manual, Video Lessons, Daily Trade Support and Skype Mentoring represent my opinions on the relationship between Japanese Candlestick Patterns on the Daily & 4 Hour Charts and Exchange Rate Movements.

Although I use this information to execute trades in the Forex Market using my personal funds via a Live Forex Account, the Trading Signals I provide represent what I am about to do on a Demo Account that I also have at FXCM where no money is used and therefore where no investment can take place.

I do not provide Investment Advice and therefore my Trading Signals and my opinions about the Forex are intented to be executed on Demo Accounts.

Essentially, I am a Live Account Forex Trader who teaches you how to trade on a Demo Account. You can then use your performance on your Demo Account to enter Demo Account Trading Contests to win prize money, apply for Trading Jobs or use it when consulting with a Licensed Investment Advisor to decide if trading on a Live Forex Account is appropriate for you.


TRADING IS NOT FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND THE POTENTIAL TO LOSE ALL OF YOUR TRADING CAPITAL 

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Before deciding to use my material on a Live Account, you should speak to a Licensed Investment Advisor, carefully consider your investment objectives, level of experience and risk appetite. You can lose all of your invested capital.

There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.


Market Opinions

The content provided by drfxtrading.blogspot.com is for educational purposes only.

No information presented constitutes a recommendation by drfxtrading.blogspot.com to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy.

Any opinions, news, research, analyses, prices, or other information contained on this blog are provided as my opinion of how Exchange Rates move in accordance with Japanese Candlestick Patterns and do not constitute investment advice.

Drfxtrading.blogspot.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information on a Live Forex Account.

YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

You should NOT rely solely upon the information or opinions that you read on the blog or receive via my Services. Rather, you should use what you read and receive as a starting point for doing your own independent research, your own independent analysis, and refine your own trading methods before placing your money at risk.

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There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since drfxtrading.blogspot.com does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, I cannot be responsible for communication failures, distortions or delays when trading via the Internet.

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The content on this website is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.

drfxtrading.blogspot.com has taken reasonable measures to ensure the accuracy of the information on the blog.

However, drfxtrading.blogspot.com does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the blog, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.


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This blog is not intented for distribution or use by any person in any country where such distribution or use would be contrary to local law or regulation.

None of the Services offered are to be used by persons from a country where the provision of such services would be contrary to local law or regulation.

It is the responsibility of visitors to this blog and users of my Services to ascertain the terms of and comply with any local law or regulation to which they are subject.

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