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CAD JPY 64 PIPS - NEVER MONITOR YOUR TRADE!

This trade took advantage of the Double Top Signal on the 4 Hour Chart that told us that the pair was going to be headed lower over the next 24 Hours. It also appeared to be forming a Consolidation Setup, based on the nature of the previous Uptrend and the sudden and aggressive Trend Change Signal in the form of these Double Tops.
Below you can see an example of the waves that generally indicate that a Consolidation is being formed. These will either lead to the formation of a Pennant or a Range…
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IS A 28% MONTHLY RETURN ENOUGH FOR SUCCESS IN FOREX?

For the month of December 2017, I "only" managed to earn a 28% Rate of Return in the Trader Contest, placing just 132 overall in the Standings. Clearly this was not enough to place in the Top 10 especially with a total of "just" 155 Pips. However, despite this performance which was not enough for this competition, is it still enough of a return to be successful in Forex on a Live Account? I believe so.
The Video below summarizes my performance for the month, along with a description of the last …
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FAST 137 PIPS IN JUST 2 DAYS ON GBP CHF

TRADE RESULT
This trade took advantage of the ABC Signal at Support of the Pennant on the Daily Chart, to signal the start of the rally to Resistance. Once the Signal was identified as being strong enough, entry then took place on the 4 Hour Chart. After just a day and a half, the trade provided a gain of 137 Pips.
SWING TRADING STRATEGY
The result reflected the use of the Weekly Range Trading Strategy where I target the 100 to 200 Pip Moves of the market. This is done using Candlestick Signals …
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