Free Forex Strategy: The Trend Collapse

Hello traders,

Today I want to share with you a powerful Forex strategy that works on any time frame and any currency pair because its principles are virtually universal.

Everyone says that the safest way to trade Forex is by trading only in the direction of the trend. But what about when the trend comes to an end? should you stop searching for trading opportunities altogether? Not at all!

In fact, when a trend begins to lose its momentum, the market goes through a period of sudden “mass panic” as every trader closes his formerly-profitable trend-riding positions before the trend goes belly up. So… what happens when a large portion of the market jumps out of the market at the same time? well, basically the market -and the former trend- collapse!

And right THEN and THERE is exactly when you want to be ready to profit from that sudden market collapse.!

I hope you enjoy and use this strategy… trust me, it’s powerful stuff!



Anyway, I hope you enjoyed this strategy.

-Hector DeVille



LEAVE YOUR COMMENT!




Your comment

WE HAVE 43 COMMENTS SO FAR...
  1. Greg Simpson says:

    Thanks so much Hector. I really appreciate how generous you are with the information you share. I have spent a lot of money on courses and indicators and they haven’t really helped but I think that I will probably find your course would be very helpful. I wish you much success.

    Greg
  2. Klaus says:

    Hi Hector,

    your videos are very much interesting and good learning for me.
    The biggest problem or better said the factor which makes it impossible for me to use your system is that i cannot judge how to draw a counter trendline.
    Any chance to give me a tip or coach me on this one?

    Thanks
    Klaus

    Answer by Hector DeVille
    Klaus, the retracement trendline is nothing but the trendline you draw as the last swing pulls back within the trend. You would draw it from the last swing’s exhaustion point.

    Hector

  3. Lorraine Edwards says:

    Thanks Hector

    The video on the counter trend system was real informative, look forward to maybe more in the future? l agree with you MIG fx is great,l have had a practice account with the for 1 year, l have just opened my 1st Real acc with MIG, , l will let you know how l go.

    Thanks ever so much

    Cheers Lorraine

    Answer by Hector DeVille
    Yes Lorraine, more videos to come soon :)

    And yup I agree: MIG FX is in my opinion the best MT4 provider, which is why it’s my personal choice too.

    -Hector

  4. Daniel Su says:

    Hey Hector,

    Great videos really! Well, I know you have been trying to help traders to be more profitable and successful in trading. But I think your course is worth way more than what you are offering now. Guys…grab those few copies before it’s gone.

    Regards,
    Dan
  5. Olanweraju says:

    Hi Hector,

    It glad my heart to come across someone like you,for the past six month now that have started trading it being problem for me getting a system that can work but yours seems real and simple to understand.I hope the implementation will also work out well.
    Its a great sacrifice from you, more grease to your elbow.

    Big thanks.
  6. Nicolas says:

    Hi all.

    I m watching your video for the first time. What a good job thanks for all that valuable tips

    you’re great!
  7. Stuart says:

    Hello Hector,

    Thank you for the fine explanation, although I notice that in the live trading, you did not follow your plan. I guess it does not matter as long as you’re making the big bucks. Do you have other videos or this is the only one you have? I have watched some of your youtube videos, but they date back to early 2008. Your thinking about the market seems to have changed a great deal. I’m a novice trader, watching and listening to masters like yourself.

    You recommend MT4. How is this platform different from the rest? I live in the States, how do I resolve the money issue with a foreign broker? Well, I don’t want to overwhelm you with more questions. Thank you again for sharing with us your trading strategies. FREE comes very close to my price.

    Regards, Stuart

    Answer by Hector DeVille
    Stuart,

    Yup I recommend MT4 as your charting platform because it’s powerful, flexible, user-friendly and free! I have used other paid charting solutions and I actually liked them less!

    I am afraid I don’t understand your question regarding foreign brokers. You can certainly trade with a foreign broker regardless of where you’re located. Plenty of folks trade through UK and Swiss brokers.

    -Hector

  8. Fran says:

    Hi Hector,

    I am watching this video for the first time….. this might be a silly question to you…. but, what do you mean by “taking a little portion” of the profit at a time? will this still apply if I plan to trade 1 lot or will I have to trade multiple lots?

    Thanks!!

    Answer by Hector DeVille
    Fran,

    Taking a portion out of a trade means closing a percentage of your lot size. So, if you took the trade with 1 lot, I believe it’s a good idea to partially close fractions of it (let’s say 0.33 lots) as the trade moves in your direction so you progressively lock profits along the way.

    Hector

  9. Norzila says:

    Hi Hector,

    Your video is very informative. I really enjoy it, however I am not quite ready to trade coz I have a minimum amount of money and afraid I loose all. Is it possible that you help me to trade instead until I am quite ready.

    Answer by Hector DeVille
    Hello Norzila,

    I actually believe it’d be a bad idea for you to trade with real money until you become familiar and comfortable with your trading. At the beginning, you want to make sure that you go through enough demo trading on a free account (you can download a free demo account here: http://www.learnforexlive.com/links/mig.php ).

    Again, at the beginning your goal is not to make money but rather to build on your knowledge and confidence. Live trading will come at a later stage.

    Hector

  10. Ali Akbar says:

    Hi Hector

    V…………..ery much thanks for your very good,reliable and useful videos.Really I want to say that from about more o less one and half years I have not seen such a good videos available.Please continue
  11. Mahdi Tamimi says:

    I really consider you a great trader, since you have careful confident and clever strategies, thanks for the video, may god bless you.

    Mahdi
  12. Ken says:

    Hi Hector,

    Having listen and watch your course video tapes, it is professional superb and positive result oriented.

    It is a very highly recommended course for all forex traders.

    Ken.
  13. Gilbert says:

    Hi Sir ,

    is putting a stop loss point good as the market makers can sniff these and take us out . Thanks

    Answer by Hector DeVille
    Hello Gilbert,

    Having a stop loss in place is ALWAYS a good idea. If you’re concerned about stop loss hunting, you can always use mental stop losses: place sound alarms at your desired SL level, and simply manually close the trade once the alarm goes off.

    Cheers!

    Hector

  14. Nader says:

    Hello Hector,

    these are so nice tips… i liked them very much.

    I want to ask you something, in a trade i watched here you have been knocked out with your stop loss and u found another trigger that’s fine but what can we do to avoid this case i mean ” trade going on your way making money then u still waiting as the market comes back on you and u still wait” is there any way to avoid this like cashing and get out or should i have stick with my target?

    Any tips will be appreciated …

    thnx

    Answer by Hector DeVille
    Hello Nader,

    I’d actually advice you against doing that. Why? because you’re be altering your original trade plan mid-trade through and that’s dangerous because you’d be taking decisions on the fly based on emotions. Before entering the trade, you must have a pre-defined trade plan: “where will I locate my stop loss?”, “where will I locate my profit targets?”, “at what point will I move my stop loss to break even?”, “what will I do if the trade goes stagnant?”, etc.

    Once you’ve pre-defined your trade plan and finally click on the buy/sell button, it’s best to not deviate from that plan at all to avoid taking low quality (and emotional) trading decisions.

    Thanks!

    Hector
  15. Zak says:

    …Hector….you are the BEST !!!!!!!!!!!
    I love this Videos and techniques…..

    THANK YOU !!!!!!

    Answer by Hector DeVille
    Hehehe no problem man, I’m glad you’re enjoying the video :)

  16. Charles Ng says:

    Hector,

    Thanks for sharing. Love your videos. Can you tell me what kind of indicator you have at the bottom of the chart? You didn’t mention in your video but we can see it is on your chart so not sure if you use it in any way. I trade divergent using MACD and CCI with price. Works pretty well.

    Thanks,
    Charles

    Answer by Hector DeVille
    Charles, the two indicators are the Market Bias and the Market Momentum indicators, both of them custom indicators programmed for me by my personal coder.

    The Market Bias points the overall trend, while the Market Momentum points the short term “acceleration” so to speak :) Obviously, I always try to trade in the direction of the indies.

    Hector

  17. Reinier says:

    Thanks Hector,

    On the shorter timeframe you only look for 1-2-3 patterns or can you also use candle-patterns like engulfings-spikes-hanging man etc. as a signal of confirmation?

    Answer by Hector DeVille
    Hello Reinier,

    Good question! I personally trigger my entry off the 1-2-3 reversal because candle stick formations on the short time frames are less reliable than on the longer time frames. Why is that? because the shorter time frames are more prone to random market noise. Therefore, and in my experience, the best signals have always come from full 1-2-3 patterns rather than individual candle stick formations.

    Cheers,

    Hector

  18. Vignesh says:

    Hector,

    Thanks for your no-nonsense approach, I like it. I have few questions

    1. As for as the profit targets, do you use Fib levels or pivots.

    2. I noted you using the 4H chart, it that your preference?

    3. What sort of trader are you, Scalper/position/swing?.

    Thanks

    Regards
    Vignesh

    Answer by Hector DeVille
    Hello Vignesh,

    1) I personally dont use pivot points to be honest. I usually base my targets around fibs, support/resistance and round numbers.
    2) Actually, this strategy can be used on any time frame since price action principles are universal across all time frames and currency pairs.
    3) I am certainly not a scalper. My trades usually span between few hours to few days. So I’d say that I am more of a swing trader.

    Thanks!

    Hector

  19. Asem says:

    Hector thank you for all your help from all the courses that I have seen you were the only one I follow, so please do not stop helping and look forward for more videos.
  20. josue moraes says:

    Hector…using this strategy, how have been the curve of your capital? I mean in % a month…I use to make 20 to 30 % over about $ 5000 capital…thanks a lot…
  21. Visnja says:

    Hello Hector,
    I am really impressed with your trading strategies..the indicators work very well. I noticed that on your videos (on the graphs) you have this indicator with arrows pointing up or down..can you please tell me which indicator is this??and where I can find it??

    really great video!!!

    thank you

    Answer from Hector
    That’s my Swing Point custom indicator. It automatically draws swing highs and lows on your chart. I had it specifically coded for me by a professional programmer.
  22. Cameron Kelly says:

    Hi Hector, how can I access other training videos that you have provided. thanks – Cameron

    Answer from Hector
    Don’t worry Cameron, you will receive emails in the following days with the links to the new strategies as they’re being uploaded here on the site :)

  23. Ahmed Farghaly says:

    Hello hector, i’ve purchased ur 3 SMA strategy and found it very rewarding, and the trend break system is a good system as well, i like how you tackled it in a conservative manner, however i would like to share a few points that helped in my trading

    1) Monitering gold/usd is very important for AUD strength( being the 3rd biggest exporter of gold) and USD weakness ( also corelleated with the EUR/USD to some extent)

    2) Moitering the USDX is also quit importent in defining US dollar strength or weakness

    3) Monitering crude oil charts is important, as the Loonie (CAD) is effected being one of the biggest exorters of oil, an increase in oil COULD possibly mean a short position on the USD/CAD

    4)I would suggest that people read more on corelation as if a break 1-2-3 pattern is missed on the pair your watching you can probably catch it in time on a corelated pair

    Thanks hector for these wonderful strategies
  24. Tira says:

    hi Hector you are really a good man,and even ur videos worth more than what anyone can imagine,and they a really really true,is my first time i see them,and am new in forex tried three times lost and decide to quit, but my gut always tell me that i can do it, anyway i have checked what you have talked about it on these first video on my chart as i am now using a TREND system, and most of the entry points on that chart are the same as you say, it is really amazing! am glad i found someone like you, God be with you for helping some newbie like us,
  25. Taormina says:

    Very informative. Easy to grasp.
  26. Steve says:

    Hi Hector

    Do you ever scale in to positions? If so any example videos of that?

    Thanks

    Steve

    Answer by Hector
    Nop. I scale out but rarely in.
  27. Duncan says:

    Hi,
    Thanks for the videos
    It said that there was something to download (Download our custom-coded Forex indicators so you can also profit from them!) , i but i do not see any access to such a download…?
    please inform me Thanks

    I have always tried to catch the reversals of trends (mainly with Candle formations, but so many times i get stopped out , that i was about to give up and get into trying normal trend trading (finding an established trend and scalping the swings in direction of trend) however i can see your system could work , but i may once again keep wiping myself out..

    Answer from Hector
    Hello Duncan,

    Trading the reversal of a trend is all about timing. You get it right, you profit from the reversal – you get it wrong, your stop loss will be hit time after time. That’s why it’s so crucial to not trade the initial breakout signal but rather to wait for the end of the first swing pullback after the breakout. That is the trick here.

    Regarding the indicators download links, I will make a post in few days with the indies, no worries :)

    Hector
  28. Dinesh says:

    Hi Hector

    unbelievable wisdom in one so young, {if that is your picture on top}. Thank you for your very informative video and for the detailed content. Small query:- Don’t you think that this very same strategy without changing even a comma, is eminently for all the pullbacks in a trend? If you target the Trendline as exit. I simply went back in time and saw it on the smaller TFs and this is working better than 90% on all pullbacks {except where the price doesn’t pullback}. This is a better strike rate that most systems out there. Bravo, well done and thanks once more. I await your reply, whether you say yes or no I am using it as above. God bless.

    Dinesh
  29. Dinesh says:

    Hi Hector

    this is just rectify my sentence in my comment. After small query the sentence should correctly read “Dont you think that this very same strategy without changing even a comma, is eminently suitable for all pullbacks in a trend?”

    Also we can take the trend channel and apply this to both ends of the channel on the higher TF and trigger trades on a lower TF. Sorry and thanks.
  30. Edgar Ng says:

    Hi Hector.
    im watching and at nearing the end of your video. the way you trade has always been the idea that i think a successful trader should trade. i trade that way myself but have never perfected it i kinda got the idea, but i dont know how to really do it consistently with certain accuracy, all i do is draw trend lines and try to trade reversals and breakout.. your video has helped me alot. its been a frustrating journey. believe me ornot, when i was watching your video, i teared a little bit, yes thats how much passion i have and the desire to be successfull in it. you helped me confirmed that all along i wasnt just being in my own world. theres a way to trade successffully.

    you’re a real deal.

    you’re a pro.

    Thats how i always wanted to trade , and i was, using trend line only and price action. but i didnt know that we have to wait for a reversal to trade breakout, your video taught me that we have to wait for a reversal first and i have seen in most of the chart that you’re right. you gave me the missing link that i need, the entry point. theres a pattern and its a game of probability. i never believe in much of indicators. i never used any. just trends on all time frame normally M15 H1 and H4 and even week.

    Outer trend lines, confirmation of pull back in break outs.you taught me that.

    Outside there are many people scamming the publics money with their stupid indicators which serves no purpose. your video speaks a million words, and is worth a billion compared to the indicators they sell which is of no value. luckily i have not paid any single cent to them.

    these are the things i needed to know. i Thankyou. again.
  31. egypt.alex says:

    very nice tutorials we want more about the strategy and u continue with u keep on

    waiting new videos

    thank u very much
  32. egypt.alex says:

    what’s the best time frame for the strategy

    thnx again

    Answer from Hector
    Any, actually, since it’s purely based on price action and price action principles are universal across all time frames and currency pairs.
  33. nabeel says:

    HI

    Thanks alot for this nice tutorials
    using 4h.and 1h timeframe — excellent result
  34. Susan DJ says:

    Hi Hector,
    Thank you very much for these excellent videos. This is the best tutorial I’ve seen on trendline breakouts. I enjoy both videos and I plan to watch them again.

    Susan
  35. galen says:

    Hi Hectoir (French) HAHA

    Your profit limit was missed by 5 to 6 pips in your video.(1st time) Is it really altering your trading method if you choose to close when so close to target? Particularly if you made a good gain. I guess it is a matter of experience and opinion.

    Answer from Hector DeVille
    Hello Galen,

    Well, since it’s impossible to know in advance that price will fall short of your target for just few pips, there’s no point in altering the trade plan mid-way through the trade. So, it’s usually a good idea to pre-define the target levels and stick to them.

    Hector
  36. Guy says:

    Enjoy your material. Thanks. Not sure about how to partially close fractions of a trade. How do we do that?

    Answer from Hector DeVille
    In order to close a fraction of the trade, you would open your trade window (where there “close” button is) and simply edit the Volume box to whatever you want to close, and THEN you click on the Close button :)

    Hector
  37. nick says:

    Hi Hector,

    Great work with the videos and really apprecaite you taking time out of your day to try and educate new traders! This is great, I’ve been trading now coming up to a 4 months and everyday i’m learning from the markets.
    I’d like to ask you if you can advice on Laptop computers? I NO a little off the Forex Trading…but more on Trading! As see you have a laptop in your picture. I’m currently debating between a MacBook and a Dell Laptop. However I keep getting different feelings from individuals and would love to hear your thought!

    As I hear that forex platforms and trading in general you NEED A PC BASED LAPTOP..NOT MAC! But now I hear you can use a Mac as a PC aswell as a MAC! Very interesting, but hear differing opinions and would like to hear yours?

    Plus please let me know when your new videos are coming out?

    Kind Regards,
    Nick

    Answer from Hector DeVille
    Hello Nick,

    I have both a PC and a MAC laptop, and you can use any Forex platform (such as MetaTrader) on your MAC too. There’s a Mac program called Parallels which allows you to install and run Windows-based software just like you would on your PC.

    I’ve used both my PC and my MAC for my trading and they’re both equally suitable. You won’t find any difference in your trading experience.

    Hector
  38. fx says:

    Great video, i will aim to implement your strategy. thank you
  39. ken says:

    excellent video ,very logical, your an excellent stockmarket teacher!
    Thankyou for the credible information which ties in beautifully with my concept of the markets.
  40. Lionel (from Buenos Aires) says:

    Hector:
    I have been trying to understand “the WHY” your system works.
    Do you have an explanation? I would like to hear it.
    Thanks. I’ll keep on with Bots and Methods.
    I love this stuff.
  41. Gary says:

    Thank you Hector i loved it!
  42. ibo says:

    Really good! Thank you Hector.

    I watch all video’s. Great!

    Regards.
  43. Al says:

    this is a great video with so much important information about very clever forex strategy which I am going to try. Thank you very much for your very clear and logical explanation.
LEAVE YOUR COMMENT!




Your comment
Copyright - Learn Forex Live, All Rights Reserved

Product Launch Wordpress Theme, by Internet Marketing Tools for Internet Marketing Sales Funnel