STRATEGY NOW UP BY 23.78% WITH RECENT 2.00% USD CHF TRADE
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
1. Accurately Identifying Consolidation Setups.
2. Identifying the start of False Consolidation Breakouts.
3. Fast and Strong Bear Crown/Head and Shoulders Patterns can start False Breakout Reversals.
4. Set trade targets within 3 to 5 Pips of Support Price Points to exit comfortably ahead of the expected reversals at these areas.
5. Using Downtrend Lines as safe Stop Loss Areas to protect your trades.
The other major factors related to this trade and the previous trades below include:
1. Trading the most accurate Candlestick, Consolidation and Trend Line Patterns of the Daily and 4 Hour Charts.
2. Trading only the setups (Double Tops and Bottoms, Consolidation Breakouts, False Breakout Reversals) that are likely to move the market quickly to Support and Resistance Targets within 24 Hours, without delay.
3. Never using Statistical Indicators or Economic Analysis.
4. Having the discipline to never monitor our trades.
5. Obeying the trading rules and guidelines to ensure trading success every week!
VIDEO HIGHLIGHT OF THE GBP JPY TRADE
VIDEO HIGHLIGHT OF THE AUD CAD TRADE
VIDEO HIGHLIGHT OF THE CHF JPY TRADE
VIDEO HIGHLIGHT OF THE OTHER CHF JPY TRADE
Once you know the Main Technical Factors that control the behaviour of the Forex Market each week, you'll be able to accurately predict market direction and take advantage of profitable setups for Strong Trading Gains!
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(M.Sc. Economics, B.Sc. Management and Economics)
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