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Swing Trading Analysis & Results

Duane Shepherd (DRFXTRADING)
Jan 15 2016 at 08:05
169 ieraksti
Yesterday`s Video Lesson on the NZD CHF.












Pullback taking place confirms 4H ABC Signal was not enough to start trading Long.







Other highlights of yesterday´s analysis



GBP JPY







AUD USD






Duane

DRFXTRADING






Pielikumi


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Duane Shepherd (DRFXTRADING)
Jan 15 2016 at 08:06
169 ieraksti
All three have trading possibilities. However, AUD USD, GBP JPY are the front runners.


Duane

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Ari Goldman (arigoldman)
Jan 21 2016 at 15:03
907 ieraksti
thanks for sharing!

Chikot
Jan 21 2016 at 17:24
2299 ieraksti
DRFXTRADING posted:
All three have trading possibilities. However, AUD USD, GBP JPY are the front runners.


Duane


I think jpy and usd are up for correction. they are both overextended mightily.

Duane Shepherd (DRFXTRADING)
Mar 10 2016 at 05:08
169 ieraksti
Hey all,


Sharp Reversal USD JPY, would have taken out Stop Loss had I traded it..

It was tempting, but there were some important reasons that led me to avoid this one.









These types of trades can be tempting especially when the 4 H Chart offers 100 Pips. But what I find is that targets of less than 100 Pips or 100 Pips exactly tend to be associated with weak setups and signals. So even though the 4 H had strong Bearish Signals, the Signal on the Daily Chart was weak. This usually leads to volatility and reversals on the lower time frames.






As you can see, the last Bearish Candle was fairly weak compared to those that normally lead to strong moves such as those that led to the strong downtrend on the left hand side of the chart.


Key is to always keep an eye on the Daily Chart despite how strong the signals on the 4 H Chart maybe.








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Duane Shepherd (DRFXTRADING)
Mar 10 2016 at 05:47
169 ieraksti
Hey all


CAD CHF rallying towards the Resistance of its Large Pennant Setup similar to the AUD CHF just traded.

Difference is that CAD CHF is doing so with weaker candles and the Breakout Target for the small Range Setup has been hit.








This could see the pair starting to pullback before actually hitting the Resistance.











On the other hand, the current Uptrend is fairly strong and we have a Bullish Candle that closed yesterday on the Daily Chart. This could take it to the Resistance oon the way to a breakout.


Whatever it does, just have to wait until we see a strong setup and signal to trade, AS LONG AS they meet my/your trading rules.



Duane


DRFXTRADING






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Duane Shepherd (DRFXTRADING)
Mar 14 2016 at 01:57
169 ieraksti
This EURO bad boy been in a Pennant for quite awhile..Daily Chart..








This explains most of the crazy **** moves that been happeniing over the last several months, like that on Thursday.

Even though it was set off by the ECB action, these setups often have these erratic moves as they move from Support to Resistance.


I was actually getting ready to trade this bullish, expecting one of 3 possible Signals...










Daily signal formed was similar to the Candlestick Projected (CF) but muuuuch larger...definitely not tradeable..


Had it been, would have added to the 2 previous trades on this pair..















Sometimes these setups can lead to losses with these types of news etc., but sometimes when you catch them at the right time with the right setup..can take our pound of flesh from them


Duane
DRFXTRADING







Trade Less, Earn More
Duane Shepherd (DRFXTRADING)
Apr 06 2016 at 09:49
169 ieraksti

Latest trade, 130 Pips GBP USD





Slow and Steady Wins The Race.

Details Later

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alexbranson
Apr 07 2016 at 06:33
2 ieraksti
Duane Shepherd (DRFXTRADING)
Oct 09 2016 at 07:06
169 ieraksti
Hey Traders, how goes it?


I firmly believe the Currrency Market WANTS US TO BE PROFITABLE. It WANTS US TO BE ABLE TO PREDICT IT and profit from it unlike the false belief given to us that its impossible to be successful. Take the recent trade on the GBP CAD.



This recent trade on the GBP CAD provided 175 Pips in about 3 days, as the pair continued to form a Range Setup on its Daily Chart.







The Signals given that gave the green light that it was good time to enter was the Double Tops and the break of the Uptrend Line on the Daily Chart...







After these were seen, I then used the 4 Hour Chart to enter short...







After a few days, target was hit. This was folllowed by a sharp pullback that took place shortly after my exit, indicating that the target was accurately set and that my Exit Strategy was in sync with those of other traders.






As I continue to trade, what I realize is that the Currency Market almost WANTS US TO PREDICT IT and PROFIT FROM IT. (Unlike some of the brokers out there lol) Why do I say this?


One of the main things about this trade was that it took advantage of being able to predict the formation of the Range and the downtrend that was gonna take place.








As you will hear in the video analysis below, there are certain pattens of candles that the market gives that tells us when these patterns are taking place. Once you can spot them and anticipate when U-Turns will take place, you´ll have the ability to exit trends that are about to end and get ready to trade in the opposite direction - for strong gains.






This is how the market works. It has a certain set of Candlestick Patterns that indicate what will take place. These patterns are repeated on a regular basis and happen across all curencies. Its almost as if the market wants to make sure we can see what it will do by repeating these patterns over and over every week until we finally see it, understand it and are able to make a trading plan to profit from them.


So the market is very difficult even to the experienced traders, but it gets easier when we are able to spot these patterns and profit from them with less fear and anxiety but with more Confidence and Certainty.


Duane

Pielikumi


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