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Yes, Give it to me

Breakout in this market, how far will it go? 

 April 19, 2016

By  Rayner

Howdy!

It’s been a hectic last couple of weeks from the preparation of our webinar to the enrollment of The Trend Following Mentorship Program.

But I’m glad we made it through!

Now back to trading…

This market that we’ve been talking about has finally broken out. So, I want to share with how why I took this trade and how I’m looking to manage it.

Then… you’ll also learn:

  • How to set a “correct” trading stop loss
  • How to manage a trade from start to finish
  • Why I’m never 100% sure of my trades which has led to my long-term survival

I’ve packed a lot of “nuggets” in this week’s market analysis, so go watch it below:

I hope you’ve enjoyed this week’s market analysis.

If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!

Do you want to learn a new trading strategy that allows you to profit in bull and bear markets?

In the Ultimate Guide to Trend Following, I will teach you this powerful trading strategy step by step, along with charts and examples.

You can download it here for FREE.

  • hi Rayner:
    Good day , I m still very new here, nice to hear from you .very much appreciative of your video.
    If I can refer to the copper setup that you took on the daily TF.
    The weekly TF is showing a clear downtrend with confirmation from both the two EMAS 20 & 50& price is at the swing high of the downtrend.
    However in the daily TF , price actually had forms a short term trend that is uptrend with the 20&50 EMAS cross up &confirmation of higher high & higher Lowe . Momentum at the daily TF seems to be strong & when price hit the 200EMA , price consolidates & produce 3 trending up bars before the you took the short on the bear pin (false break of the 200EMA).
    My question is when doing trend trade like this , how do we gel in the weekly TF trend & the daily TF trend, so as not to have a counter trend setup at the daily in such a case.

    thank you
    James

  • Hi Rayne, thanks for the video. Learned much from it. I google around that not many broker have soy bean to trade. Any broker to suggest if u dont mind. I am pretty new to forex, thanks

  • Thanks for the video sharing.
    Can I know when to use 10EMA as trailing stop and when to use 20EMA as trailing stop?
    What is the differences between these two trailing stop?

    • Hi Gary,

      When price goes parabolic I’d prefer to be tighter in my trail stops, as it could retrace violently. That’s when 10 EMA would be useful.

      Rayner

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