Posts de DRFXTRADING - Page 5

Low time frame trading vs. High time frame trading. dans Traders Expérimentés Nov 11, 2015 at 10:55

Yes...impatience... which comes from the belief that profitability is only possible on the lower time frames...thanks to brokers, marketing companies..Switching from Higher to Lower Time Frames sounds good on paper and I`ve tried it, but its kinda of like switching from Drive into Reverse at 100 MPH. The level of impatience that the LTFs almost demands of us is very difficult to switch off when going back on the HTFs. One of the bad habits that the LTFs creates in us is to constantly monitor our trades...this might help in the short-run by allowing us to cut losses early. But by continuing to ...

Low time frame trading vs. High time frame trading. dans Traders Expérimentés Nov 10, 2015 at 15:03

Swing Trading on the higher time frames..less stress as you said, more stable and reliable signals.Smaller time frames can be fun and exciting and there might be people who are successful doing it this way. But the large number of economic, political, financial factors that lead to erratic moves each day can make it extremely difficult to find a model that can predict these movements at such short time intervals. Most people trade the lower time frames and most people fail at trading...there might be a relationship there.DuaneDRFXTRADING

Swing Trading Analysis & Results dans Traders Expérimentés Nov 10, 2015 at 14:52

Hey guys, just want to give my opinion on how to go about Forex...whether as a new person or someone currently trading but experiencing losses and looking for help..1. Determine how much money you want to make for FX to be worth your time..- many times people jump into FX without knowing what they want from it. This then leads to experimentation for a longer time than is necessary and with the 1000s of strategies out there, you can easily get lost and frustrated.2. Find out what Methodology/style of Trading will get you that $$ goal.- if there is a strategy out there that can get you what you ...

Swing Trading Analysis & Results dans Traders Expérimentés Nov 06, 2015 at 22:37

After forming the Pennant Setup on its Daily Chart as predicted several weeks ago, the CHF JPY pair could provide us with a trade in the next couple of days.We will either see it head back inside of the Pennant and take us to Resistance or U-Turn at Support to continue the Bearish Breakout.If it gives a Bull Candle to start the reversal, it would be an ABC Signal, which as you know leads to Sharp Movements and is a common signal seen when it comes to False Breakouts. If it continues bearish however, it would have to give us a strong Bear Candle that breaks the Counter Trend Line just below Sup...

Swing Trading Analysis & Results dans Traders Expérimentés Nov 06, 2015 at 22:34

GBP USD - BEARISH BREAKOUT FROM PENNANT OR BULLISH REVERSAL?Hey guys,We have a scenario now on the GBP USD where the Support of its Pennant on the Daily Chart is now taking place. Based on the theory of Consolidations, it could either continue Bearish or reverse to take us back inside of the Pennant.https://www.youtube.com/watch?v=x8kRue7iT6c&feature=youtu.beThere are certain technical factors and signals that tell us which of these 2 scenarios will take place and once you know what these are, you`ll be able to trade them profitably every time. This helps to avoids situations such as:1- Ju...

Swing Trading Analysis & Results dans Traders Expérimentés Nov 05, 2015 at 12:44

OBEYING THE HOLDING PERIOD RULES FOR TRADESThere is nothing more frustrating than seeing a strong floating profit turn into a loss in a matter of minutes. This can be avoided by establishing and obeying a rule for how long you hold your trades before deciding to close them. Sticking to this rule will help to minimize the losses due to holding out for more Pips than the market is going to give us. This recent trade on the GBP CAD which had to be closed at the end of my Holding Period for this type of trade shows how crucial this rule is to trading success, given the sharp reversal that took pla...

Swing Trading Analysis & Results dans Traders Expérimentés Nov 04, 2015 at 23:01

Hey all, been awhile, back with you.These Videos will now show you examples of a more aggressive Swing Trading approach based on my current Methodology. They will show how you can take advantage of profitable movements in the market each week that can provide an average of 150 Pips per trade. As long as you know which trading rule to apply to the trading opportunity presented, you will be able to profit from these trades on a consistent basis every month.There are now 5 Swing Trading Strategies that I use which will be showcased here which you can easily apply to your trading.1. Trading Within...

Swing Trading Analysis & Results dans Traders Expérimentés Sep 28, 2015 at 17:33

Trading opportunity on the NZD CAD to head back down to Support withing the Daily Chart´s Range Setup.http://www.myfxbook.com/files/DRFXTRADING/SEP_5_2015__NZD_CAD_DAILY_RANGE_SETUP.pngWe would be looking to trade this using a signal on the 4 Hour Chart.http://www.myfxbook.com/files/DRFXTRADING/SEP_5_2015_NZD_CAD_4H_CHART.pngStrong Bearish Signal has been given at Resistance, but not enough to start the move.We gonna need either an ABC or Bear Crown/head and shoulders pattern to get going.https://www.youtube.com/watch?v=QGObU0qcspQDuaneDRFXSWINGTRADING

EUR/USD dans Traders Expérimentés Aug 30, 2015 at 19:40

......Yet another example of how Consolidation Breakouts with Large Candles lead to False Breakouts....another trap of the market..EURO USD looked set to break higher with this Large Candle...http://www.myfxbook.com/files/DRFXTRADING/SEP_1_EURO_USD_BREAK_CANDLE.png...but I expected it to at least pause before either moving sideways or reversing sharply....http://www.myfxbook.com/files/DRFXTRADING/SEP_1_EURO_USD_REVERSAL.pngThis is because these Large Candles, as attractive as they are, hardly lead to successful breakouts.Figuring this out and identifying the types of Candles that actually lead...

Swing Trading Analysis & Results dans Traders Expérimentés Aug 30, 2015 at 19:10

......Yet another example of how Consolidation Breakouts with Large Candles lead to False Breakouts....another trap of the market..EURO USD looked set to break higher with this Large Candle...http://www.myfxbook.com/files/DRFXTRADING/SEP_1_EURO_USD_BREAK_CANDLE.png...but I expected it to at least pause before either moving sideways or reversing sharply....http://www.myfxbook.com/files/DRFXTRADING/SEP_1_EURO_USD_REVERSAL.pngThis is because these Large Candles, as attractive as they are, hardly lead to successful breakouts.Figuring this out and identifying the types of Candles that actually lead...

Swing Trading Analysis & Results dans Traders Expérimentés Aug 23, 2015 at 19:14

Thanks NjanFX, alexforex,This method is very powerful not just for Swing Traders but for Day Traders.The power of these patterns can be applied to all time frames and are a good complement to other techniques that people already use..indicators etc.

Swing Trading Analysis & Results dans Traders Expérimentés Aug 08, 2015 at 19:29

Hey guys, how´s the trading going?The Bear Crown/Head and Shoulders pattern is very common across the Forex and is one of those that leads to strong reversals.http://www.myfxbook.com/files/DRFXTRADING/HEAD__SHOULDERS_PDF.pngBased on what is taking place on the EURO AUD, we may already have the Left Tip and Centre Tip already formed. If we see a Right Tip, it would represent the start of reversal. This would lead to a Downtrend that is needed to complete the Range Setup taking shape on the Daily Chart.http://www.myfxbook.com/files/DRFXTRADING/AUGUST_1_2015_EURO_AUD_RANGE.pnghttp://www.myf...

Swing Trading Part 2 dans Systèmes de Trading Aug 08, 2015 at 19:11

Taking a look ahead at another possible trade, we can see that the NZD CAD has broken below its major Uptrend Line and could continue bearish over the short and long-term.A strong bearish signal in the form of Double Tops led to the reversal and break of this Trend Line that has been in place since 2008.http://www.myfxbook.com/files/DRFXTRADING/AUG_1_2015_NZD_CAD_DOUBLES.pngThese Double Tops are among the most common and strongest signals that we see in the Forex Market. They generally lead to fast and strong reversal patterns at the end of Uptrends and above Resistance boundaries of Consolida...

DRFX TRADING SERVICE 2015 dans Systèmes de Trading Aug 08, 2015 at 19:02

Hello all,This System is being continued in Swing Trading Part 2. http://www.myfxbook.com/members/DRFXTRADING/swing-trading-part-2/1316112Thanks, please feel free to ask me questions on the Methodology.Duane

Swing Trading Part 2 dans Systèmes de Trading Aug 08, 2015 at 19:00

In this trade, I was expecting the pair to rally to the Resistance of the Pennant Setup that appeared to be forming on the Daily Chart.http://www.myfxbook.com/files/DRFXTRADING/JULY_4_2015_GBP_USD_SETUP.pngEntry took place at that 2nd Bullish Candle which appeared to be strong enough to continue the rally. However, after the end of the Holding Period, the pair had not hit the target and was starting to pullback. It therefore had to be closed for the small loss of 51 Pips.http://www.myfxbook.com/files/DRFXTRADING/JULY_4_2015_GBP_USD_RESULT.pngPerhaps the Bull Candle was not strong enough to jus...

Swing Trading Part 2 dans Systèmes de Trading Aug 08, 2015 at 18:52

This was trade within Range Setup, with a Bearish Signal given at Resistance indicating a move back to Supporthttp://www.myfxbook.com/files/DRFXTRADING/JULY_1_2015_GBP_CHF_SIGNAL.pngUnfortunately the market pulled back bullish, taking out the trade...http://www.myfxbook.com/files/DRFXTRADING/JULY_1_2015_GBP_CHF_RESULT.pngThis may have simply been due to the market getting ready to breakout Bullish from the Range.

Swing Trading Part 2 dans Systèmes de Trading Aug 08, 2015 at 18:36

This System is a continuation of the one started on Swing Trading Part 1. http://www.myfxbook.com/members/DRFXTRADING/swing-trading-part-1/1079693As with Part 1, the focus here is to generate consistent and stable returns over the Long-Term by targeting the best trading opportunities of between 100 and 200 Pips each month. The Risk Per Trade used in the system is 5%, but naturally, anyone who uses it is free to apply the Risk that is consistent with their personal Risk Tolerance.The system has had a little bit of bad luck with the last 3 trades being losing ones. Nevertheless, when combined, t...

EUR/USD dans Traders Expérimentés Aug 05, 2015 at 11:50

Hey guys,Based on my analysis, this pair could head higher by a few hundred Pips if we get a break above the Downtrend Line on the Daily Chart. This would mean the formation of the Pennant Consolidation Setup.https://www.youtube.com/watch?v=HZaKF47DxKMhttp://www.myfxbook.com/files/DRFXTRADING/AUG_1_2015_EURO_USD_PENNANT.pngThis Rally could come either with an ABC or 123 Setup or a pair of Double Bottoms. If neither scenario plays out, then we could simply see the pair break lower to continue the overall breakout from the Large Consolidation in favour of the USD.http://www.myfxbook.com/files/DR...

Swing Trading Analysis & Results dans Traders Expérimentés Aug 05, 2015 at 11:41

AUD USD ANALYSISThis pair had come close to its major Outer Uptrend Line in the last few days, which could have offered traders up to 100 Pips by trading the expected movement towards this boundary. However, because of the tendency of the market to become volatile at these areas, trading this move was not advised.https://www.youtube.com/watch?v=ZbRO8vf6arEAs you can see from the graphs below, the projected reversal has now started with a strong Bull Candle formed yesterday.PROJECTED REVERSALhttp://www.myfxbook.com/files/DRFXTRADING/AUG_1_2015_AUD_USD_VOLATILE_TL.pngBULL CANDLE - START OF REVER...

Swing Trading Analysis & Results dans Traders Expérimentés Aug 05, 2015 at 11:31

Hey everyone, been a long time, crazy few months.Gonna get the ball rolling again with a Summary of the 35% Return I have generated from my Methodology. This includes trades made before the FXCM Accounts that you see here were opened.JULY 1, 2014 - JULY 23, 2015http://www.myfxbook.com/files/DRFXTRADING/RETURN_LIVE_ACCOUNT_35%25_15_TRADES.pngDuring this 13 - Month period, the Methodology targeted trades of between 100 and 200 Pips with some having to be closed below that 100- Pip Minimum. This was because they had not yet reached their targets at the end of the Holding Period. Once trades have ...

EURUSD	1.07775	GBPUSD	1.25178	AUDUSD	0.66109
USDJPY	155.648	USDCAD	1.36798	USDCHF	0.90651