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.
VIDEO HIGHLIGHT OF THE CHF JPY TRADE SETUP AND RESULT
DAILY & 4 HOUR CHART TRADE SETUP FORECAST & RESULT
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!
Subscribe today and these will be the types of Accurate Forecasts and Trading Gains you will enjoy starting next week!
(M.Sc. Economics, B.Sc. Management and Economics)
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There are many well-intentioned Forex Courses and Mentors globally. However, most fall short of the mark in terms of what you really need to take advantage of the Forex because of the limited Testing and Research that went into creating their Systems.
This is why they only work in the Short-Term.
To correct this, you need to have a totally new approach from the ground level with theories that have been extensively tested for 10 years, during both Normal and Abnormal market conditions.
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