65-PIP GAIN ON CAD JPY PUSHES RETURN TO 13.0% IN JUST 4 MONTHS!



Following a couple of small losses over the last few weeks, the recent 65-Pip gain on the CAD JPY has pushed the Rate of Return to 13.06% from just 12 trades - placing us just a few trades away from hitting the 14% and 30% targets in the next few weeks!
CAD JPY TRADE SUMMARY 
(FXCM Charts are used for market direction and entry signals based on the New York Close of the Daily Candle. However, I prefer to execute trades with the FxPro platform shown here due to the better user-interface).






TRADE SUMMARY & ALERT FROM FXPRO








SUMMARY OF TRADES






SUMMARY OF STATISTICS







RATE OF RETURN
(November 2016 to January 2018 was used to create the new strategy and thus experienced a loss of 13.6%. This graph represents the Rate of Return since that period ended using the Custom Analytics feature. Having finalized this strategy, only 4 Months and 12 trades were needed to erase that loss!)




SUMMARY OF RETURNS

The graphs below for 2015 and 2016 show the average Annual Rates of Return using the 100 to 200 Pip Strategy. 

HISTORICAL RATES OF RETURN




 With the addition of the new 50 to 70 Pip Strategy...



SWING TRADING STRATEGIES



...Larger and Faster Returns are now targeted.




RATE OF RETURN TARGETS




TRADE STRATEGY AND TRADING THEORIES USED

This trade was based on the strategy of targeting 50 to 70 Pips Per Trade within 24 Hours. 






The trade took advantage of the Technical Theories of Japanese Candlesticks, Consolidations and Trend Lines from my Trading Manual  (included in your Subscription to my Services - see Website for details) that allow us to accurately forecast and take advantage of major price movements each week.
MAIN HIGHLIGHTS OF THE TRADE
1. False Breakout Reversals lead to fast movements back inside of Consolidation.
2. Trading Targets can be set at the opposing boundary.
3. Targets take a shortwhile to hit their targets.
4. 4 Hour Chart Trend Lines and Support/Resistance Boundaries can protect your trades against temporary pullbacks.
5.  Never Watch your trades to avoid the temptation of unnecessary interference because of minor/ temporary reversals.

DAILY CHART FALSE CONSOLIDATION BREAKOUT REVERSAL




DAILY CHART DECLINING AS PREDICTED TO SUPPORT






4 HOUR CHART ENTRY SETUP



TRADING TARGET HIT





THE TRADING MANUAL




THE THEORY OF CONSOLIDATION SETUPS 




THE THEORY OF FALSE CONSOLIDATION BREAKOUT REVERSALS 





________________________________

VIDEO SUMMARY OF TRADE RESULT





KEY HIGHLIGHTS OF THIS TRADE




START TRADING TODAY!
________________________________


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 : swingtradingmentoring.com 
________________________________
There are many well-intentioned Forex Courses and Mentors globally. However, most fall short of the mark in terms of what you really need to take advantage of the Forex because of the limited Testing and Research that went into creating their Systems.

This is why they only work in the Short-Term. 

To correct this, you need to have a totally new approach from the ground level with theories that have been extensively tested for 10 years, during both Normal and Abnormal market conditions.

This is what you will finally get as a DRFX Subscriber.

________________________________






________________________________
























________________________________

________________________________

Comments

Post a Comment

Popular posts from this blog

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

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

GBP CAD PROVIDES A 140-PIP TRADING GAIN FROM FALSE CONSOLIDATION BREAKOUT REVERSAL

Image
This successful trade took advantage of the sharp False Breakout Reversal from the Pennant Consolidation on the Daily Chart that started on December 3, 2015. As with all of these types of setups, the initial breakout attempt was quickly taken out by a strong, opposing signal that led to a breakout at the other end of the Consolidation. Given that this setup was in sync with the theory of False Breakouts that is outlined on Page 54 of the Trading Manual, the trade provided a strong gain of 140 Pips. The graph below shows one of the examples of False Breakouts that are explained in detail in the Manual. FALSE BREAKOUT SETUPS As you can see from the Daily Chart of the GBP CAD below, the setup was almost exactly the same as the one above.  DAILY CHART FALSE BREAKOUT PENNANT SETUP (FXCM Charts used to provide Entry Signals based on the New York Candle Close of the Daily Chart) Following the Bear Candle that attempted a breakout at Support, the bulls
Read more