About meSwing Trader and Mentor showing traders how I trade and the simple techniques that can allow you to predict the Forex.
1. With just a simple Candlestick Formation
2. Risking 2%-3% Per Trade
3. Targeting 4% to 8% Per Trade.
This Consolidation Breakout trade took just 28 Hours to provide a strong gain on the CHF JPY. It took advantage of the uptrend and Bullish Engulfing Signal on the Daily Chart to trade the breakout from the Consolidation Channel on the 4 Hour Chart.
This video shows the short position that I am now in on the CAD JPY, as I trade the bearish movement now taking place. It is part of the larger 4 Hour Consolidation Setup being formed.
Entry took place on the 1 Hour Chart with the break of the Consolidation Channel that is expected to take us to the Support of the Consolidation Channel on the 4 Hour Chart.
This Video analyzes the trade result of 90 Pips (a 9% Return) that was captured on the EURUSD, as the pair continued the False Consolidation Breakout Reversal that took place on the Daily Chart earlier this week. The main Technical Factors that supported this trade are analyzed using the relevant sections of my Trading Manual, so that you can know how to take...
This analysis shows the main factors behind the Short Position opened on the EURO AUD. These include
1. The Formation of Double Tops on the Daily Chart.
2. The Formation of a Pennant Setup on the Daily Chart.
3. The expected move towards major Support within 3 Days.
4. The expected move towards the Pennant Support in 7 to 14 Days.
The market provided a...
This trade setup is taking advantage of the Bearish Trend on the Daily and 4 Hour Charts, the Tweezer Tops of the Daily Chart and the False Consolidation Breakout on the 4 hour. These are supporting a bearish move in favour of the NZD that is expected to provide gains towards the major support of 1.0418.
This Video looks at the trading opportunity that could present itself on the 4 Hour of the NZD CAD.
1. Uptrend Channel Formed.
2. Now at Support.
3. Needs a Strong Bullish Signal.
4. Would trade to Resistance of Channel.
5. Trade would be in sync with the overall Uptrend of the Daily Chart
6. Always better to trade setups that are in sync with the Market...
This summary of the recent rally on the GBP USD highlighted the important rule of never trading against the main direction of the trend. The only exceptions to this rule are
1. Reversals at Major Resistance/Support Consolidation Boundaries of the Monthly, Weekly or Daily Charts.
2. Reversals at Major Resistance/Support Price Points of the Monthly, Weekly or...
