DRFX FOREX SWING TRADING

This Free Video Lesson takes a look at False Consolidation Breakouts which are one of the Market Setups that can be both very profitable and very dangerous to trade if we aren't careful. I describe in detail how they are formed, how they move as well as how to trade them to maximize on the gains they offer ahead of market reversals! The trade that took place on the 4 Hour Chart of the GBP JPY was a typical example of these aggressive setups. I show you how to accurately draw Resistance and Support Lines when drawing Consolidations, the most common Candlesticks that start Breakout Reversals, Stop Placement, as well as the best place to exit these trades. All of this is done in the context of solving the 5 Common Challenges faced by traders when it comes to trading the Forex... The video also explains why it is very important to avoid monitoring our trades. Because of the fact we are trading with real money in one of the most difficult financial markets, it is very...

Double Top Patterns are very common across the Forex and can be seen on all time frames as the market transitions from an Uptrend to a Downtrend for the Currency Pair we are trading. They tend to lead to fast and aggressive market movements and can provide traders with quick trading gains. However, because of this possibility of quick gains, traders can be easily tempted to enter the market too early. I n order to successfully trade them, we must understand their structure and the common trap associated with them to avoid being Stopped Out when the market reverses sharply! The Video Analysis below provides you with details of this common Japanese Candlestick Market Pattern and shows a practical example from the GBP USD that was traded last week, as its 4 Hour Chart transitioned from an Uptrend to a Downtrend.  VIDEO ANALYSIS OF DOUBLE TOP PATTERNS As usual, if you have any questions about the analysis, the GBP USD trade or want to subscribe to my...