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Hey hey, what’s up my friend! Today, I’d like to teach you a forex trading strategy that Darek Dargo uses to profit consistently from the forex markets. Here’s his result… You might be wondering: “Who’s Darek Dargo?” Darek is a full-time trader who specializes in Forex trading for an income. He’s been profitable every single year for the last 7 years—with an average winning rate of 86%. Clearly, he knows his stuff and that’s why I got him to develop a forex trading course for traders who want to earn an income from forex trading. If you’re interested, then click the link here. This tells me you are interested to know more, and I’ll update you when enrolment is open. But for now, let me share with you one of his proprietary trading strategies that he uses to profit from the forex markets. Now, the principle behind this trading strategy is mean reversion. This means you’re looking for a market that’s oversold and about to make a pullback or even a reversal. Then, you find a low-risk entry to catch the “bounce” higher. Here’s what to look for (long setup)
And vice versa for shorts. Let me walk you through a few examples… Example 1: USDMXNAs you can see, USDMXN approaches resistance at the $19.20 area. The MACD histogram showed that it’s overbought and the price could make a move lower. So we look for an entry trigger to go short. The entry trigger came when the MACD histogram ticked lower (from dark green to light green). This means selling pressure is stepping in and the market could reverse lower, so we go short. Our stop loss is a distance above the swing high and target profit just before the recent swing low. In this case, it’s a winning trade as the price moved in our favour. Example 2: EURCHFIn this example, EURCHF came into support with the MACD histogram showing it’s oversold. Now, just because a market is oversold doesn’t the price can’t go any lower—it could. That’s why we want to see buying pressure stepping in before we go long. Next, we waited for the MACD histogram to tick up higher (from dark red to light red), which it did. Our stop loss is a distance below support and our target before the resistance area. In this case, it’s a losing trade as the price did move a little in our favour before hitting our stop loss. I’m showing losses because this is the reality of trading and you should expect it no matter what trading strategy you use. Cool? Example 3: NZDCHFNZDCHF came into support with the MACD histogram showing it’s oversold. Next, we wait for the MACD histogram to tick up higher (colour change from dark red to light red) to signal buying pressure is stepping in—and it did. Our stop loss is a distance below support and target profit just before 0.54 (where there’s a small area of support which could become resistance). In this example, the price did move in our favour. At this point… You’ve learned one of Darek’s proprietary strategies that allows him to profit in bull & bear markets. With a bit of tweaking, you can apply this strategy to scalp the forex market. That’s what Darek does and here’s his own trading results from scalping the forex markets… Scalping results Now, Darek will be conducting a live masterclass called, Forex Trading For Income. If you’re interested, click the link here. This tells me you are interested to know more, and I’ll update you when enrolment is open. Cheers, Rayner “your-trading-buddy” Teo |