The purpose of this thread is to show an Aggressive Swing Trading System using 5 Strategies that can provide large Rates of Return each month. Trading only needs to be done a few times per month using the Daily & 4 Hour Time Frames to achieve significant turnover, while bypassing the dangerous volatility of the Smaller Time Frames.
This is an aggressive version of the previous Swing Trading Strategy that had provided a strong Return in just 7 months..
While this is a good, safe, Long-Term Strategy, I have found that my Methodology can also identify other opportunities each week to provide an even faster rate of growth for anyone who uses it.
In Summary, the 5 Aggressive Strategies are..
1. TRADING STRONG & FAST CONSOLIDATION BREAKOUTS AND TRENDS
2. TRADING SLOW CONSOLIDATION BREAKOUTS AND TRENDS
3. TRADING WITHIN CONSOLIDATIONS USING THE CANDLESTICK SIGNALS OF THE DAILY CHART
4. TRADING WITHIN CONSOLIDATIONS USING THE CANDLESTICK SIGNALS OF THE 4 HOUR CHART
5. TRADING WITHIN CONSOLIDATIONS USING SUPPORT & RESISTANCE
Trades are held for a Pre-Determined Number of Days depending on the Strategy.
Active monitoring of the trade/profits etc. is not done. This ensures that the trader is not tempted to exit trades based on emotions and temporary pullbacks that naturally take place as the trades head towards their targets.
FXCM Charts are used to provide Candlestick Signals as this platform uses the New York Close of the Daily Candle - crucial to this and other Candlestick/Price Action Strategies.
Targeting 100 to 200 Pips was found to be the optimal range. Aiming for less than 100 Pips tended to expose our capital to volatile market conditions while capturing more than 200 Pips was deemed risky and outside the scope of this short-term strategy.
Assuming a Risk Per Trade of 5% and Leverage of 100:1, this is what is possible just 3 Months.
By only trading a few times per month and targeting trades with a High Probability of Success, it is possible to earn a significant return in a very short period of time - once the Rules and Guidelines are followed.
Last edited by DRFXTRADING; 03-14-2016 at 01:06 PM.
Thanks guys...yes 10% Risk is high, but I target the ones with the best opportunities that have the highest chance of success. Since most are correct, pays off. But, regardless of how much Risk% you use, will still be profitable.
This is the System that will now track the performance. The conservative version captured 40% in 7 months. This aggressive version expected to surpass that in half the time, targeting 100% in a few weeks/months.
The two trades made reflect the -90 Pip Loss and 138 Pip gain on the GBP USD.
Last edited by DRFXTRADING; 01-14-2016 at 12:51 PM.