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Showing posts from October, 2018

2.0% GAIN ON GBP USD AS WE TOOK ADVANTAGE OF SHARP DOWNTREND

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This trade provided me and my Subscribers with a trading gain of 42 Pips and a Rate of Return of 2.0% on my Live Account as we took advantage of the strong downtrend of this pair over the last several days. As you will also see in the Video Analysis on my website ( swingtradingmentoring.com ) , this trade also helped to compensate for an initial loss on this pair earlier in the trend. With this trade, the Rate of Return since the Methodology started in February this year is now at 21.59%. Despite the initial loss and  assuming the next set of trades provide average returns of 4.0% each,  only 3 trades will be needed to hit the 30% target followed by just 5 to hit the 48% target!    TRADE SUMMARY AND RESULT RATE OF RETURN  FEBRUARY 1ST TO OCTOBER 24TH, 2018 12-MONTH RETURN TARGETS Assumes an Average Monthly Return of 7% over 12 Months. These are the targets to be hit every 2 Months. TRADING PLA...

NZD JPY 100-PIP GAIN PUSHES RETURN UP TO 24% IN JUST 31 TRADES!

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As you will see in this brief analysis and in more detail in the Video Analysis on my website ( swingtradingmentoring.com ) , this trade provided me and my DRFX Subscribers with a strong trading gain of 100 Pips in just a few days and  a large 4.16% Return on my Live Account.  This trade, which took advantage of the formation of the Range Consolidation Setup on the Daily Chart, has now pushed the Rate of Return to 24.32% since the Methodology started in February this year. Assuming the next set of trades also provide average returns of 4.0% each, only 2 trades will be needed to hit the 30% target followed by just 4 to hit the 48% target!    TRADE SUMMARY AND RESULT RATE OF RETURN  FEBRUARY 1ST TO OCTOBER 8TH, 2018   The period November 2016 to January 31, 2018 was used to create the new Methodology. Use the "Custom Analysis" tool above the graph at myfxbook.com to specify the February 1st, 2018 to October 8th, 2018 period...