Posts

AGGRESSIVE 2.99% RETURN ON THE AUD NZD 4 HOUR PENNANT BREAKOUT

Image
Another successful trade was provided by the Forex yesterday that was in sync with my Aggressive Trading Strategy. This came from the AUD NZD that provided a 2.99% Rate of Return in just under 12 Hours using the Daily and 4 Hour Charts. It was yet another example of what you can expect when using Accurate Japanese Candlesticks and Consolidation Patterns as part of my Swing Trading Mentoring Service.  Since the new strategy was implemented on December 1st, 2019, the Rate of Return is now at 12.87% for the 6 week period up to January 10th, 2020. This is a little behind the 14% Monthly Target, but only a few trades will be needed to put us back on track, before heading to the next target of 30% by the end of January! The significant aspect of this performance is that it has come from just a few trades and only one small losss. This is confirmation that we do not to trade several times to achieve large Rate of Return Targets in the Short-Term and over the Long-Te...

DOUBLE BOTTOMS PROVIDE A QUICK 2.66% RETURN ON THE CHF JPY

Image
This recent trade provided a 2.66% Rate of Return in just 17 Hours, as I traded the Double Bottoms Pattern on the 4 Hour Charts up to Resistance at 111.84. As you will see in the graph below, the Stop Loss was placed at the Uptrend Line of the 1 Hour Chart. Although I try to use the 4 Hour Chart for my Stop Losses, the 1 Hour Chart is also used if the 4 Hour does not provide one that is not too far away. Following this entry, the market rallied as expected to Resistance to provide me with the trading result. These are the types of Returns that I aim for from the Forex. Once I can target this type of gain at least 2 times weekly, it will allow me to hit a strong 30% Monthly Rate of Return - the Rate of Return I teach traders to achieve with my Mentoring Service. Check out the graphs and the Video Highlight below and then subscribe to my Mentoring Service to experience great trading results like these every week! Main Technical Factors of this trade -  1. Doubl...

LARGE 2.98% RETURN IN JUST 10 HOURS FROM THE CHF JPY SHARP BREAKOUT REVERSAL

Image
This recent trade provided a 2.98% Rate of Return in just 10 Hours, as I traded the False Consolidation Breakout Reversal on the Daily and 4 Hour Charts up to Resistance at 110.15. This was a great trade considering that it provided such a large return in such a short time, in a Trillion Dollar Market with a 95% Failure Rate! It was also another example of how we solve the 5 Main Challenges outlined below that face us when trading this difficult Financial Market. Check out the graphs and the Video Highlight below and then subscribe to my Mentoring Service to experience great trading results like these every week! Main Technical Factors of this trade -  1. The Pennant Consolidation Setup on the Daily and 4 Hour Charts. 2. The initial Bearish Breakout attempt. 3. The failure of this Bearish Breakout below Support. 4. The Sharp Bullish Reversal that took us back inside of the Pennant. 5. The Bullish Engulfing Candlestick Formation that provided the Entry Signal. ...