101 PIPS ON AUD NZD 80 OF TOP TRADERS NOW BEATEN ~ forex online trading system
The latest trading opportunity on the Forex Market provided my clients with a 101-Pip gain on the AUD NZD this week. The pair was shorted as it started to turn at the Resistance of its Consolidation, heading to the Support boundary 250 Pips away. The trade was held for the pre-determined holding period and exited for the latest gain that has now provided clients with 286 Pips from only 6 trades. At a risk per trade of 5%, a trader or investor using my Methodology would now be enjoying a 12,6% return, beating 80% of the Top Currency Traders for 2014 as ranked by BarclayHedge.
The pair had formed a Pennant above the Resistance of a larger Pennant following a short-lived breakout attempt in September.
DAILY CHART- PENNANT SETUPS
As it continued to move within this smaller Consolidation, a Bearish Signal was given at its Resistance to start a small downtrend back to Support.
DAILY CHART - ENTRY SIGNAL
FXCM Charts are used for Trading Signals based on the New York Close Daily Candle |
After careful analysis, it was determined that this setup satisfied the criteria for trading within Consolidations (Section 11- Consolidation Trading on the Forex Market). Entry then took place on the 4 Hour Chart with the target set for the Support area of the Pennant.
4 HOUR CHART- TRADE SETUP
As part of the trading service offered, my clients were provided with these graphs as well as the following Trade Sheet Setup for their trades.
TRADE SHEET - AUD NZD TRADE
At the end of the established Holding Period, the trade was exited for 101 Pips instead of the 140 that was originally targeted - money nonetheless and above our 100 Pip minimum threshold.
DAILY CHART - TRADE RESULT
Live Trades are executed on Dukascopy´s Platform |
As you can see from this graph, a smaller 69-Pip trade was made within the context of that short-lived breakout attempt. With this latest result, the Methodology would now have beaten 80% of the Top Currency Traders ranked by BarclayHedge as at September 30, 2014- with only 6 trades.
YEAR-TO-DATE RETURNS FROM METHODOLOGY
Trading Service started in July; 5% Risk per Trade; No Trading was done in August |
BARCLAYHEDGE RANKINGS - SEPTEMBER 30, 2014
The latest result from my strategy means that this client/investor would need only a few months to realize a 100% rate of return - from only 9 more trades.
100% RETURN PROJECTION
Assumes 150 Pips per Trade based on 100-200 Pip Target Range & No Losses |
The main advantage of my approach is that one does not have to trade every day nor every week. Specific high probability opportunities are provided by the Currency Market each month on the larger time frames. Once these are identified and traded within the context of strong parameters, larger and more consistent gains are more likely with reduced exposure to market volatility. With this strategy, one can not only realize large personal gains on your trading account, but you can also put yourself in a position to successfully manage the investments of those seeking stable, long-term capital accumulation.
Trading within Consolidation is a very common trading strategy used to take advantage of low liquidity market conditions. As we move within these boundaries, strong short-term gains can be patiently but aggressively taken until breakouts - very rare nowadays- eventually take place. The challenge, however, will always be to determine which of these Consolidations are best suited for this strategy and those that should be avoided (Section 6 - Consolidation Trading on the Forex Market).
Another important element of these trades is knowing where to place Stop Losses without the need for Trailing Stops. Although adjusting the Stop Loss is a common approach to avoiding losses from unexpected reversals, it can get in the way of the natural waves of the market as it makes its way to its main target. If a trade is up by 40 Pips but is closed when the market has pulled back to the new, smaller Stop Loss, one could forgo a lot of money if the market eventually moves by 60 Pips more in your direction.
As you can see from the 4 Hour Chart below, using Trailing Stops would have easily eroded gains at the two pullback areas.
4 HOUR CHART - TRAILING STOPS
Section 9 explains where to put your Stop Losses to capture all of what the market has to offer and how to determine if the Stop Loss area is strong enough to protect your trade. This will give you the confidence to allow the market to accurately and successfully hit your trading targets until your major goal of Long-Term Wealth is also met.
Get the most out of your trading.
___________________________________________________________
RECENT EMAIL FROM CLIENT
____________________________
GET STARTED TODAY
____________________________
GET STARTED TODAY
____________________________
US$99.00 |
US$99.00 |
US$69.99 |
US$49.99 |
FREE |
FREE |
_____________________________
Duane Shepherd
(M.Sc. Economics, B.Sc. Management and Economics)
Currency Analyst/Trader
Contact: shepherdduane@gma
More info for 101 PIPS ON AUD NZD 80 OF TOP TRADERS NOW BEATEN ~ forex online trading system:
More info for 101 PIPS ON AUD NZD 80 OF TOP TRADERS NOW BEATEN ~ forex online trading system: