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Message: [QUOTE="DRFXTRADING12, post: 82820, member: 32678"] The videos and Technical Analysis that you will see in this thread will be focused on the Daily and 4 Hour Charts which I use for my Swing Trading strategy. In a nutshell, my strategy involves; [B] - Identifying Market Patterns and Signals using Candlestick Patterns; - Waiting on the Daily and 4 Hour Charts to provide Entry Signals; - Holding Trades for a Pre-determined Time Period based on each setup; - Targeting 100 - 200 Pips on each trade; [/B] I used to Day Trade the Currency Market several years ago, but after continuous losses, the switch was made to Swing Trading which has provided better results such as... [IMG]http://1.bp.blogspot.com/-IjPG4ZUTISA/VLKfJRo8HGI/AAAAAAAADBA/PcJ6qgB2JME/s1600/JAN%2B2%2BNZD%2BCHF%2BLIVE%2BSPIKE.png[/IMG] [IMG]http://4.bp.blogspot.com/-bTygSj9nAAI/VIsSrdCUn6I/AAAAAAAACro/RBc76sfGIGM/s1600/DEC%2B2%2BGBP%2BCAD%2BLIVE%2BRESULT.png[/IMG] [IMG]http://3.bp.blogspot.com/-y2pIwmIf8cQ/VGYbYz0nZmI/AAAAAAAACgk/bqgNqXjptbk/s1600/NOV%2B2%2BAUD%2BNZD%2BTRADE%2BRESULT%2B101%2BPIPS.png[/IMG] Even during periods of high volatility and market uncertainty such as the European Sovereign Debt Crisis, these types of trades were also possible.. [IMG]http://nebula.wsimg.com/b30d038fda7971d4f38bc206c06ef7a7?AccessKeyId=CA37332DC69CF022BEA0&disposition=0&alloworigin=1[/IMG] Day Trading provides a tremendous adrenaline rush that can be addictive. However, the higher levels of market volatility in such a small time period makes this approach a very difficult way of making money. With Swing Trading, patterns, signals and trends are a lot clearer. Your trades have a higher percentage chance of being profitable and you can achieve higher and more stable Rates of Return with minimal exposure to market volatility. [B]TECHNICAL ANALYSIS VIDEO[/B] Today´s Analysis is on the NZJ JPY pair. This has formed a large Bear Crown/Head and Shoulders Pattern which indicates that a major trend change in favour of the Japanese Yen is in the making. This pattern, along with Consolidation Breakouts, Double Tops, Double Bottoms and Trend Line Breaks are typical market patterns that signal an imminent change in market direction. The larger these signals and the larger the time frames that they are on, the greater the chance of a trend change and one that will last for a long time. [url]https://www.youtube.com/watch?v=NNIcw2RCgLY&feature=youtu.be[/url] Lets see how this unfolds in the next few days, hopefully there can be a strong trading opportunity. [B]Duane[/B] [/QUOTE]

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