The 3 Duck's Trading System

High dobro,

IMHO you should stick to your trading plan and personal risk profile first and foremost. You stated in your comment that you “like the trend but don’t like trading when price is at the top of 1H & 4H.”

For me when I trade the 3 Ducks I personally like to let the market stop me out and will let my trades run until a LH (lower high) or HL (higher low) is made. Hopefully this will allow me to catch the bigger moves by staying in the trend.

However for the sake of debate, if I were to set a target profit by the higher time frame via the daily I would target the next area of congestion, previous support, or prior resistance zone.

For example on the NZD/USD daily I would target prior resistance since price has already broke prior support.


And for the AUD/USD daily I would target the next prior support which also was a resistance.


Each of these levels should act as a magnet attracting market players small and large. After contact of the point of magnetism I would expect that it would become a potential market pivot and evaluate the markets reaction at that time. But that’s another discussion.

Hope that helps and maybe give others ideas.

Happy Duck Hunting dobro and all.