AGGRESSIVE 3.13% RETURN FROM THE AUD USD PENNANT CONSOLIDATION BREAKOUT
This AUD USD provided me with a fast Rate of Return of 3.13% in just 4 Hours, as I took advantage of the strong Consolidation Patterns on the Daily and 4 Hour Charts. The trade showed how we can trade fast Consolidation Breakouts on the 4 Hour Chart that support the formation of a larger Consolidation on the Daily Chart. Most importantly, it also showed the need to accurately set your trade targets, so that we can avoid the losses from the Sharp Market Reversals that take place at major Resistance and Support Areas. VIDEO HIGHLIGHT OF THE AUD USD 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. Trading Consolidation Breakouts with Single Candlestick Signals. 2. Trading between Resistance and Support Boundaries of Consolidations being formed. 3. The use of Trendlines for Stop Loss Placement to protect trades. 4. Exi...