Forex Buy & Sell Trading Signals

Commercial Content Trading Signals
153

Hello Traders,

Forex Signals & Analysis for 7th September 2011:

Short Term Signals:

Usd/Chf Buy 0.7905/10, sell 0.8980/85 then 0.9145/50

Usd/Jpy Buy 76.75/80 then 76.30/35 then 75.95/00, sell 78.10/15 then 78.35/40 then 79.00/05

Euro/Usd Buy 1.3855/60 then 1.3795/00, sell 1.4220/25 then 1.4345/50

Gbp/Usd Buy 1.5815/20 then 1.5760/65, sell 1.6155/60 then 1.6255/60

Medium Term Daily Analysis:

Usd/Chf This pair is on powerful uptrend start today after yesterday Swiss National Bank Intervention which main purpose was to set Euro/Chf pair above 1.2000, high support is at 0.8480, retracement is at 0.8310/20, break is to 0.8130/40, while on the upside to target our short term sell signals

Usd/Jpy This pair is basing on uptrend today, high support is at 77.50, retracement at 77.20/25 break is to 77.00/05 then toward 76.85, below here is to our short term buy signals and low is at 76.20/25, while on the upside to target our short term sell signals

Euro/Usd This pair is still on downtrend despite big spike helped by SNB Intervention but had big selling near yesterday retracement price level, low resistance is at 1.4020/30, retracement is at 1.4100 break is to 1.4270/80, while on the downside to target our short term buy signals

Gbp/Usd This pair is still on downtrend with same scenario had big selling exactly at yesterday retracement price level, low resistance is at 1.5970/80, retracement at 1.6040/50 break is to 1.6195/00

Usd/Cad this pair is still on uptrend, retracement at 0.9880, break is to 0.9845/50 then 0.9830/35, below here is toward 0.9810/15 then possibly 0.9760/65, high is at 0.9945/50 above here would more power the trend toward 0.9970/75 then 1.0000/10 then 1.0050/60. I am providing many options today for this pair because of important news release for the Cad Currency.

Nzd/Usd This pair is still on downtrend, retracement at 0.8310 break is to 0.8340/50 then possibly toward good resistance at 0.8390/00, while support at 0.8230 would turn to low resistance if price kept collapsing toward low at 0.8130/40

Euro/Chf This pair is on uptrend start today after SNB Pegging, high is at 1.2070/80, a base above here would more power the trend toward 1.2190/00, a base above might extend gains toward 1.2660/70, while high support is at 1.1940/50, retracement at 1.1710/20

Gbp/Chf This pair is on uptrend start today, high support is at 1.3690/00 break is toward 1.3540/50, retracement is at 1.3330/40, while kept basing above 1.3700 might extend gains toward 1.4360/65

Euro/Gbp This pair is still on downtrend despite successful breakout strategy but retraced later on opening today below retracement at 0.8780/85, break is toward 0.8810/20, above here is to 0.8835/40 and possibly 0.8860/65, while on the downside is to target 0.8715/20 then possibly 0.8685/90

Aud/Usd This pair is still on downtrend, low resistance at 1.0515/20, retracement at 1.0545/50 break is to 1.0590/00, while on the downside to target 1.0415/20 then 1.0390 and possibly toward 1.0300

Euro/Jpy This pair is still on downtrend despite spike effected by SNB Intervention and fear of Bank Of Japan doing the same soon, but retraced later on, retracement at 108.95/00, break is to 109.90/00, a base above 110.10 would change trend direction, while low is at 108.30/40

Gbp/Jpy This pair is still on downtrend & had same scenario as Euro/Jpy, low is at 123.40/50, retracement at 124.00/10 break is to 124.70/80 and possibly toward 125.30/40

Gold is still on uptrend, but might change this trend direction today if based below retracement at 1869/70 targetting 1840/41 then break would target 1820/21 confirming downtrend start if closed today daily candle around or below this price level, while trend continuation is to target high at 1914/15

Oil is stuck today bt. resistance at 86.70/80 break is to target 88.00/10 then 88.80/90 and possibly toward 91.00/05, and support at 86.00/05 break is toward 83.40/45 then low at 82.10/20

We have 2 Important News Reease today for the Cad Currency:

  • BOC Rate Statement: Buy Usd/Cad if rate is decreased to 0.75% from the current 1% while sell if increased to 1.25%, while if kept the same at 1% must look to BOC Statement if dovish or not

  • CAD IVEY PMI: Buy Usd/Cad if 44 or below while sell if 48 or above

*** I would also look closely to BOJ Statement( Monetary policy & Rate Decision) News release few hours from now, because an Intervention might occur or at least some high volatility might effect yen pairs so take crucial note of that.
On the other hand, wait for Chf pairs to hit high support price level or/& then retracement to buy if you hadn’t bought yesterday before SNB Intervention at low prices.

Have A Great Trading Day

154

Hello Traders,

Forex Signals & Analysis for 8th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8515/20 then 0.8490/95 then 0.8440/45, sell 0.8635/40 then 0.8665/70 then 0.8705/10

Usd/Jpy Buy 76.80/85 then 76.65/70 then 76.25/30, sell 77.70/75 then 77.95/00 then 78.25/30

Gbp/Usd Buy 1.5900/05 then 1.5860/65 then 1.5800/05. sell 1.6065/70 then 1.6100/05 then 1.6165/70

Euro/Usd Buy 1.3975/80 then 1.3920/25 then 1.3850/55, sell 1.4190/95 then 1.4235/40 then 1.4320/25

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, high support is at 0.8540/50, break is to retracement at 0.8400/05, below is to target 0.8310/20, while on the upside to our short term sell signals

Usd/Jpy This pair is still on uptrend, retracement at 77.15/20, break is to 76.95/00 then 76.85, below might target low at 76.25/30, while would face resistance at 77.45/50, a base above would more power the trend toward our short term sell signals

Gbp/Usd This pair is still on downtrend, low is at 1.5940/50, retracement at 1.6030/40, break is to 1.6170/80

Euro/Usd This pair is still on downtrend, low is at 1.4020/30, retracement at 1.4110/20 break is to 1.4250/60

Usd/Cad This pair collpased from uptrend, today stuck bt. resistance at 0.9850/60 break is to 0.9900/10 then 0.9935/40 and possibly 0.9965/70, and support at 0.9820 break is to 0.9790/95 then 0.9775 then possibly toward 0.9720/25

Nzd/Usd This pair is still on downtrend, retracement at 0.8335/40, break is to 0.8410/20, a base above would change trend direction, while support at 0.8230 a base below is to target low at 0.8140/50

Euro/Chf This pair is still on uptrend, high is at 1.2130/40, break above would more power the trend targetting 1.2190/00, high support at 1.1930/40 break is to retracement at 1.1860/70

Gbp/Chf This pair is still on uptrend, high is at 1.3740/50, a base above would power the trend targetting 1.3770/75 then 1.3800/05 then toward 1.3845/50, high support at 1.3530/40, retracement at 1.3480/85

Euro/Gbp This pair would move sideways today, resistance at 0.8820 a base above would confirm uptrend start targetting 0.8845/50 then 0.8860/65 & possibly 0.8890/95, and support at 0.8800 break is to return to downtrend to 0.8770/80 then 0.8745/50 and possibly 0.8725/30

Aud/Usd This pair is on uptrend today, above retracement at 1.0620/30 break is to 1.0540/50, while kept a base above high support at 1.0640/45 would target 1.0740/45 then high at 1.0770/80

Euro/Jpy This pair is still on downtrend, retracement at 108.95/00, break is toward 109.70 then 110.00/10, while low is at 108.20/25

Gbp/Jpy This pair is still on downtrend, retracement at 123.75/80 break is to 124.45/50 then toward 125.25/30, while low is at 123.10/20

Oil is on uptrend after successful breakout strategy of yesterday resistance, retracement at 88.20/25 break is to 87.50/60 then 86.40/50, while high is at 90.95/00, a base above would more power the trend toward 92.20 then 93.15/20 and possibly 95.90/00

Gold is on downtrend today after changing trend direction as expected yesterday(read previous post), low resistance at 1820/21, retracement at 1839/40, break might target 1885/86, while on the downside toward 1765/66 then 1742/43

We have 3 Very Important News Releases today for the Sterling, Euro & Dollar Currencies:

  • BOE Interest Rate & MPC Statement: Buy Gbp/Usd if raised from current 0.50% to 0.75%(not expected to happen), while sell if decreased to 0.25% or/& Asset Purchasing Facility is increased to 225B, also must take close look at MPC Statement if number of votes would be kept as 9-0-0 for hold of current rate or a change of some members votes for hike might occur as 2 members changed from hike to hold in past meeting.

  • ECB Interest Rate & Trichet Press Conference: Buy Euro/Usd if raised to 1.75% from current 1.50%, while sell if decreased to 1.25%, also must listen to Trichet press conference that would mainly effect the Euro Currency. He might mention hints if rate hike might be possible at October ECB Rate Decision which would surely power the Euro while any mention of rates kept as current till 2012 or decreased would weaken the Euro fast.

  • Fed Chairman Ben Bernanke talks: We’ll see what New News Ben Genius have for us today, but mainly focus would be kept till coming FOMC. Dollar was helped recently by SNB actions and the CHF no longer being a safe haven as the SNB is targetting with its actions, besides Euro Zone debt problems that is leading investors and traders to go back and buy again the dollar seeing it again as a safe haven currency,
    but maybe Bernanke would not like this situation as he had been weakening the dollar so far with his mad monetary policy that is looking to be right only in terms of the best bad had happened and nothing more bad would be seen at least for many months coming(as I expected in past month) because Ben Madness to keep rates low till Mid-2013 led the SNB to intervene(Wise decision by SNB that the Fed Chariman would never act like or even think ot care about doing the same…) and pegging the Euro/Chf above 1.20 which also weakned the Chf against most currencies and powered the Usd/Chf pair but ofcourse Ben Genius have no credibility for this result but the SNB as mentioned before…

Have A Great Trading Day

155

Hello Traders,

Forex Signals & Analysis for 9th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8580/85 then 0.8495/00 then 0.8425/30, sell 0.8850/55 then 0.8895/00 then 0.9020/25

Usd/Jpy Buy 77.10/15 then 76.90/95 then 76.75/80, sell 77.70/75 then 77.85/90 then 78.10/15

Gbp/Usd Buy 1.5855/60 then 1.5810/15 then 1.5715/20, sell 1.6090/95 then 1.6150/55 then 1.6225/30

Euro/Usd Buy 1.3770/75 then 1.3720/25, sell 1.4080/85 then 1.4175/80

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, high support at 0.8700/10, break is to retracement at 0.8570/80, break here is toward 0.8310/20, while on the upside is to target our short term sell signals

Usd/Jpy This pair is still on uptrend, high is at 77.60/65 above here would target our short term sell signals, while retracement at 77.30/40, break is to 77.05/10 then 76.90/95

Gbp/Usd This pair is still on downtrend, low is at 1.5890/00, retracement at 1.6000/10, break is to 1.6130/40

Euro/Usd This pair is still on downtrend, low resistance at 1.3905/15, break is to retracement at 1.3990/00 above here is to our short term sell signals while on the downside to target our short term buy signals

Usd/Cad This pair returned to uptrend basis, retracement at 0.9870/80, break is to 0.9835/45, while high is at 0.9940/50

Nzd/Usd This pair is still on downtrend, retracement at 0.8330, break is to 0.8400/10, a base above here would change trend direction, while support at 0.8230/40 break is toward low at 0.8140/50

Euro/Chf This pair is still on uptrend, high is at 1.2220, above here would more power the trend toward 1.2240/50 then 1.2300/10, retracement at 1.1990/00, break is to 1.1910/20

Gbp/Chf This pair is still on uptrend, high support at 1.3930 break is toward retracement at 1.3710/20 while a base above high support would more power the trend toward 1.4120/25

Euro/Gbp This pair decided to return to downtrend, low at 0.8660/70, retracement at 0.8740/50 break is toward 0.8775/85

Aud/Usd This pair is moving sideways again, resistance at 1.0625/30 break is to 1.0645/55 then toward 1.0695/00 while support at 1.0550 break is to 1.0525/30 then 1.0500/05

Euro/Jpy This pair is still on downtrend, low at 107.60 a base below is to extend weakness toward 106.85/90, while retracement at 108.20/30 break is to target 109.20/30

Gbp/Jpy This pair is still on downtrend, low is at 123.00/10, retracement is at 123.85/90 break is toward 124.30/40 above here would target 125.20/30 changing trend direction

Gold is moving sideways, support at 1857/58 break is to 1848/49 then toward 1829/30 below would extend weakness while high is at 1913/14

Oil is still on uptrend, retracement at 88.20 break is to 87.75/80 then toward 86.50/60, a base below would extend weakness while high is at 91.00/10

We have an Important News Release today for the Canadian Dollar Currency:

_ CAD Employment Change: Buy Usd/Cad if below 20 while sell if 30 or above

Have A Great Trading Day

156

Hello Traders,

Forex Signals & Analysis for 12th September 2011:

Short Term Signals:

Usd/chf Buy 0.8700/05 then 0.8640/45, sell 0.8920/25 then 0.8955/60 then 0.9055/60

Usd/Jpy Buy 77.00/05 then 76.70/75 then 76.35/40, sell 78.05/10 then 78.25/30 then 78.65/70

Euro/Usd Buy 1.3495/00 then 1.3425/30, sell 1.3920/25 then 1.4045/50

Gbp/Usd Buy 1.5795/00 then 1.5755/60 then 1.5670/75, sell 1.5995/00 then 1.6050/55

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, high support at 0.8850 break is to retracement at 0.8700/10, while on the upside to our short term sell signals

Usd/Jpy This pair is still on uptrend, retracement at 77.40 break is to 77.10/15 then 76.95/00 below is to the other 2 short term buy signals while resistance is at 77.65/70 above here would target our short term sell signals

Euro/Usd This pair is still on downtrend, low resistance at 1.3700/10, break is to retracement at 1.3790/00, while on the downside to target our short term buy signals.

Gbp/Usd This pair is still on downtrend, low is at 1.5800/05 break is to our short term buy signals while retracement at 1.5920/25 break is toward 1.6060/70

Usd/Cad This pair is still on uptrend, retracement at 0.9920/30 break is to 0.9860/70 while high is at 0.9980, a base above is toward 1.0020/25 then 1.0045/50 and possibly 1.0115/20

Nzd/Usd This pair is still on downtrend, low resistance at 0.8235/40, retracement at 0.8265/70 break is to 0.8335/40 then 0.8360/70, while low is at 0.8110/20

Euro/Chf This pair is still on uptrend, retracement at 1.2000/10 break(not expected due to SNB 1.2000 set price level but maybe…) is to 1.1910/20, while high is at 1.2260/70

Gbp/Chf This pair is still on uptrend, retracement at 1.3860/70, while on the upside to target 1.4135/40 then 1.4180/85 if broke above resistance 1.4080/90

Euro/Gbp This pair is still on downtrend, low resistance at 0.8600, break is to retracement at 0.8655/60 break is to 0.8745/50, while on the donwside more weakness is toward 0.8535/40 then 0.8510/15

Aud/Usd This pair is on downtrend, low at 1.0320/30, retracement at 1.0500/10, break is to 1.0540, a base above is toward 1.0590/00

Euro/Jpy This pair is still on downtrend, low resistance at 106.20/30, break is to retracement at 106.70/80, a base above is toward 108.40/50 then 109.50/60(possible intervention), while on the downside is to target 104.40/45 then 103.65/70

Gbp/Jpy This pair is still on downtrend, low is at 122.45/50, break is to extend weakness toward 121.90/95 then 121.35/40, retracement at 123.20/30 break is to 123.90/00 and break is possibly toward 125.00/10

Oil is moving sideways but might confirm downtrend if kept basing below 86.35/40 targetting 84.60/65 then 83.45/50 then possibly toward 81.35/40 if broke below low at 82.00/10, while might target high at 90.65/70 if based above 87.50

Gold is still moving sideways, below support at 1854/55 is toward 1833/34 break is to target 1812 then 1792, while high is at 1913/14

Have A Great Trading Day

157

Hello Traders,

Forex Signals & Analysis for the 13th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8735/40 then 0.8710/15 then 0.8625/30, sell 0.8915/20 then 0.8970/75 then 0.9010/15

Usd/Jpy Buy 76.60/65 then 76.30/35 then 75.90/95, sell 77.75/80 then 78.00/05 then 78.45/50

Euro/Usd Buy 1.3500/05 then 1.3420/25, sell 1.3775/80 then 1.3820/25 then 1.3945/50

Gbp/Usd Buy 1.5765/70 then 1.5725/30 then 1.5675/80, sell 1.5920/25 then 1.5950/55 then 1.6015/20

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.8730/40 break is to our other 2 short term buy signals, while high is at 0.8920/30, above is toward the other short term sell signals & powering the uptrend

Usd/Jpy This pair is stuck today bt. resistance at 77.25 break is toward high at 77.65/70 above here is to our short term sell signals for this pair, and support at 77.15 break is to 76.95 then below here would target our short term buy signals with low at 76.20/30

Euro/Usd This pair is still on downtrend, but might had formed a reversal point at 1.3495/00 which was our first short term buy signal for yesterday with a nice hammer bullish daily candle closed, today low is at 1.3640/50 break is toward our short term buy signals while retracement is at 1.3750/60 break is toward 1.3990/00

Gbp/Usd This pair is still on downtrend, with same scenario, today low is at 1.5760/65, retracement at 1.5895/00 break is toward 1.6020/30

Usd/Cad This pair is still on uptrend but with a bearish daily candle closed would wait and see what would happen later on, retracement at 0.9920 break is toward 0.9860/70 while high is at 0.9975/80 above here is again to target 1.0020/25

Nzd/Usd this pair is still on downtrend with possible reversal appearing after hitting yesterday low price level(Good buy) and spiking up, but must break today retracement at 0.8250/55 to confirm a reversal targetting 0.8335/40, while low is at 0.8100/10

Euro/Chf This pair is still on uptrend, nearing SNB pegging price level at 1.2000 so start buying at current price or at today retracement 1.2010/20, break is to 1.1900/10, while high is at 1.2300/10

Gbp/Chf This pair is still on uptrend, retracement at 1.3880/90, high is at 1.4150/60

Euro/Gbp This pair is still on downtrend with possible reversal point being marked & a hammer bullish daily candle formed, low is at 0.8595/00 break is to 0.8530/35, retracement at 0.8645/50 break is toward 0.8725/30 then possibly 0.8750/60

Aud/Usd This pair still on downtrend, low at 1.0290/00 break is toward 1.0250/60 then 1.0215/20, while retracement at 1.0420/30 break is to target 1.0490 then 1.0525/30 and 1.0545/50 must hold

Euro/Jpy This pair is still on downtrend, might had formed a reversal point with also a bullish hammer daily candle formed, but must break about low resistance at 105.65 to target retracement at 106.15/20 for us to start talking of possible confirmation of reversal point, then targetting 107.90/00, above here is toward 109.30/40, while on the downside to target 103.95/00 then possibly 103.20/25

Gbp/Jpy This pair is still on downtrend, with same scenarion after hitting our yesterday lowest possible price level at 121.35/40(Good Buy), today low is at 122.10/15, a base below is toward 121.10/15 then possibly 120.50/55, while retracement at 122.75/80 break is to 123.60/70, above here would target 124.80/90

Oil is kept moving sideways, above 88.20 is toward high is at 91.10/20 while below is to 87.75/80 break is toward 86.55/60 then possibly to target 85.30/35

Gold is on downtrend today, below retracement at 1832/33, break is to 1848/49, above here is to 1863/64, while on the downside to target low at 1757 with support on the way as 1780 and 1764/65

We have an Important News Release for the Sterling Currency today:

  • UK CPI: Buy Gbp/Usd if 4.7 or above while sell if 4.3 or below

*** As you traders realize that Euro pairs had formed a possible reversal, lets see if that would turn into confirmation today for them ride on the uptrend for the coming days of this week.
Besides, keep focus at Euro/Chf pair nearing SNB 1.2000 price level, buy from now or at today retracement price level because you are just now 30 to 40 pips far of 1.2000 which is a very small SL looking at 1.2000 would not be penetrated or if some traders liked to test the SNB will, going to test that level, it would be tested many many times before a possible penetration occur if it does occur later on and SNB would act too to such penetration, so you would have bought many times around 1.2000 price level if it satys long there as doing currently around the 1.2030/40 price

Also, BOJ might have a word due to yen pairs currently at historic low prices, and also an intervention by SNB would help yen pairs directly boost upward especially Euro/Jpy because SNB would mainly be buying Euro to boost Euro againt the Chf Currency.

Have A Great Trading Day

158

Hi Traders,

Forex Signals & Analysis for the 14th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8725/30 then 0.8680/85 then 0.8625/30, sell 0.8890/95 then 0.8930/35 then 0.8985/90

Usd/Jpy Buy 76.65/70 tahen 76.50/55 then 76.25/30, sell 77.25/30 then 77.40/45 then 77.60/65

Euro/Usd Buy 1.3540/45 then 1.3475/00, sell 1.3785/90 then 1.3835/40 then 1.3935/40

Gbp/Usd Buy 1.5715/20 then 1.5690/95 then 1.5625/30, sell 1.5865/70 then 1.5905/10 then 1.5950/55

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.8760/65, break is to 0.8480/90, while high is at 0.9000

Usd/Jpy This pair is on downtrend basis today but Generally moving sideways, low is at 76.20/30, above 76.95/00 is to target 77.10/15, above is toward high at 77.60/70

Euro/Usd This pair is still on downtrend, low is at 1.3570/80, retracement at 1.3720/30, break is to target 1.3920/30

Gbp/Usd This pair is still on downtrend, low is at 1.5690/00, retracement at 1.5835/40, break is to 1.5965/70

Usd/Cad This pair is on downtrend basis today after past 2 days big bearish candles, below 0.9880/90 targetting 0.9790/95 then 0.9765/70 then 0.9680/85, while above would target high at 0.9970/80

Nzd/Usd This pair is still on downtrend, low is at 0.8090/00, retracement 0.8235/40, break is toward 0.8300/10 then 0.8335/40 must hold

Euro/Chf This pair is still on uptrend, retracement is at 1.2020/25, break is to 1.1900/05, while high is at 1.2350/60

Gbp/Chf This pair is still on uptrend, retracement at 1.3870/80, break is to 1.3550/60 while high is at 1.4210/20

Euro/Gbp This pair is trying ot break upward, retracement at 0.8660/65 a base above is to target 0.8710/20 then 0.8750/60, while low is at 0.8590//0

Aud/Usd This pair is still on downtrend, low is at 1.0250/60, retracement at 1.0370/80 break is to 1.0470/80

Euro/Jpy This pair is still on downtrend, low is at 104.95/00, break is toward 104.25/30 then possibly 103.80/85, while retracement is at 105.70/80 break is to 107.40/50

Gbp/Jpy This pair is still on downtrend, low is at 121.30/35, break is toward 120.75/80 then possibly 120.45/50, retracement is at 122.00/10 break is to target 123.20/25 then possibly toward 124.50/60

Oil is still moving sideways with uptrend basis, targetting high at 91.60/70 break would power an uptrend toward 92.10/15, while retracement at 88.95/00 break is to 87.95/00 then 86.70/75, below here would change trend direction

Gold is still on downtrend, below retracement at 1835 break is to 1851 above would change trend direction toward 1860/61 then 1873/74, while kept below would target 1793/94 then 1774/75 and possibly 1754/55

We have an Important news release today for the Dollar Currency:

  • US Core Retail Sales: Buy Usd/Chf & Usd/Jpy if 0.4 or above while Buy Euro/Usd & Gbp/Usd if 0% or below

***The risk aversion game is still played with powerful yen and dollar currencies while CHf had been removed of named safe haven currency after SNB previous action.
What is now happening is yen is still powerful but the other play is occuring bt. the Dollar and Euro whihc would take the powerful side with the yen.
Besides, as the yen is lessening power from time to time the money is going again to the Chf and this is giving some breath for yen pairs making them retrace from current historic lows with the help of Euro/Usd recovery after had hit possible reversal price level at 1.3490/00.
Euro currently powering or at least back to normal or sideways movement due to talks of China buying Italian bonds, besides Sarkozy & Merkel possible statement that might anounce the support for Greece and refusing the idea of Greece quiting from the Euro-Zone.
Take close focus at Euro/Chf nearing the SNB pegging 1.2000 price level so a Buy would be a Great opportunity.

Have A Great Trading Day

159

Hello Traders,

Forex Signals & Analysis for 15th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8685/90 then 0.8650/55 then 0.8580/85, sell 0.8855/60 then 0.8905/10 then 0.8955/60

Usd/Jpy Buy 76.35/40 then 76.25/30 then 75.95/00, sell 77.00/05 then 77.20/25 then 77.35/40

Euro/Usd Buy 1.3590/95 then 1.3515/20 then 1.3440/45, se;; 1.3855/60 then 1.3900/05 then 1.4020/25

Gbp/Usd Buy 1.5690 then 1.5650/55 then 1.5600/05, sell 1.5835/40 then 1.5870/75 then 1.5925/30

Medium Term Daily Analysis:

Usd/Chf This pair is stil on uptrend, retracement at 0.8750/55, break is to 0.8560/70, while high is at 0.9050/60

Usd/Jpy This pair is still on downtrend basis with an overall sideways movement, below retracement at 76.90/95, break is to 77.10/15, above is to target 77.60/70, while low is at 76.20/30

Euro/Usd This pair is still on downtrend, low is at 1.3530/40, retracement at 1.3730, break is to 1.3870/80, above is toward our other 2 short term sell signals

Gbp/Usd This pair is still on downtrend, low is at 1.5640/50, retracement is at 1.5800, break is to 1.5920/30

Usd/Cad This pair reversed from a possible downtrend start opening above today, above 0.9900 to target 0.9975/85 break is possibly to target 1.0030/40, while below 0.9890 is toward 0.9860/65 then 0.9820/30

Nzd/Usd This pair is still on downtrend, low is at 0.8080/90, retracement is at 0.8235/45 break is to 0.8270/75 then 0.8320/25

Euro/Chf This pair is still on uptrend, yesterday was good opportunity to buy at retracement 1.2020/25, despite market price didn’t move a lot upward afterward but good price to hold a buy order at before today very important Chf News Release, today retracement is at 1.2030/35, break is to 1.1880/90 if broke below 1.2000 first, while high is at 1.2390/00

Gbp/Chf This pair is still on uptrend, but stuck today bt. resistance at 1.3840/50 break is toward 1.4250/60, and support at 1.3630/40 break is to 1.3500/05

Euro/Gbp This pair kept retracing upward, holding today above 0.8700/10 targetting 0.8755/60 above would target 0.8780/85 above here is possibly to taregt 0.8835/40

Aud/Usd This pair is still on downtrend, low is at 1.0210/20, below would extend weakness to 1.0140/50 then possibly toward 1.0080/90, while retracement at 1.0310/20 break is to 1.0450/60

Euro/Jpy This pair is still on downtrend, with 3 previous days hammer daily candles closing, breakout to the upside might be in the picture, low is at 104.40/50, break is toward 104.10/15 then possibly 103.70/80, retracement at 105.50/60, break is to 107.00/05 then possibly toward 108.80/90

Gbp/Jpy This pair is still on downtrend, low is at 120.70, a base below would extend 120.30/35 then 120.10/15 and possibly 119.55/60, while retracement at 121.45/50 break is to 122.75/80 then possibly toward 124.20/25

Gold is still on downtrend, retracement at 1826/27 break is toward 1834/35 then 1848/49, above here would change trend direction targetting 1860 then possibly toward 1875/76, while on the downside is toward 1797/98 then 1788 then possibly to target 1767/68

Oil is still moving sideways with uptrend basis, retracement at 88.30 break is to 87.80/85 then 86.90/00, below would target 85.65/70, while kept basing above retracement would target 91.15/20 then toward 91.85/90

We have 2 Important News Releases today for the Sterling & Dollar Currencies:

  • UK Retail Sales: Buy Gbp/Usd if 0.2% or above while sell if 0.4% or below

  • US Core CPI: Buy Usd/Chf & Usd/Jpy if 0.4% or above while Buy Euro/Usd & Gbp/Usd if 0% or below

***There’s a very crucial news release today for the Chf Currency, SNB would be announcing its Monetary policy besides rate decision. Further measurements to more weaken the Chf might be seen which must result in high volatility movements for the Chf pairs especially the Euro/Chf pair that had been moving with low volatility from many past days till now waiting for this crucial day that might also see a New Intervention by SNB after pegging the Euro/Chf above 1.2000 but this price level is overvaluing the Chf Currency and SNB would not be happy for that…this pair holding a lot near the 1.2000 price level with a clear decision by traders to test SNB readiness if reached near this level or especially if broke below
On the other hand, The Euro Currency had been powering after hitting reversal price level at 1.3490/00 but still not making the additional step to the upward and SNB action would surely help Euro/Usd and Euro pairs in General break toward & base on uptrend, while the Dollar Currency is doing the opposite by weakening, so it would be interesting to see what would be seen next if same scenario resulting in a breakout for Euro or again collapsing downward.
My opinion is that Euro/Usd had reached current price level that is not expected to break below till end of year as many Big Banking Investment firms as the Goldman Sachs had expected from past months Euro/Usd being in the range of 1.36 to 1.38 at end of this year. So it might be somehow hard for Euro to weaken more than current levels unless ofcoure some big news about debt problems keep hitting the Euro-Zone and in front is the Greece debt problem, with no clear decision by the Euro leaders to solve it and prevent Greece from quiting the Euro-Zone, despite that I personally see it better for the ECB to “let go” Greece especially that a good % of Euro-Zone GDP deficit is affected by Greece Debt Problems from many months till now.

Have A Great Trading Day

160

nice…thanks for signal…:slight_smile:

161

Hello Traders,

Forex Signals & Analysis for 16th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8600/05 then 0.8560/65 then 0.8475/80, sell 0.8805/10 then 0.8860/65 then 0.8925/30

Usd/Jpy Buy 76.35/40 then 76.20/25 then 75.90/95, sell 77.10/15 then 77.30/35 then 77.55/60

Euro/Usd Buy 1.3690/95 then 1.3600/05, sell 1.4010/15 then 1.4070/75 then 1.4205/10

Gbp/Usd Buy 1.5700/05 then 1.5560/65 then 1.5590/95, sell 1.5890/95 then 1.5935/40 then 1.6005/10

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend but squeezed today bt. resistance at 0.8720/25 break is toward our short term sell signals, and support at 0.8635/40 break is to our short term buy signals

Usd/Jpy This pair is still on downtrend, low is at 76.30, retracement at 76.85 break is to 76.95/00 then 77.10/15, above here would target high at 77.60/65

Euro/Usd This pair is trying to base on uptrend today, above 1.3850/55 to target our short term sell signals and high is at 1.4120/30, while below is to target 1.3810, a base below would take this pair back to downtrend.

Gbp/Usd This pair is still on downtrend, retracement at 1.5805/10 break is to 1.5890/00, a base above here would set this pair on uptrend, while low is at 1.5610/20

Usd/Cad This pair is back on downtrend with an overall sideways movement, below retracement at 0.9870/80 and low resistance at 0.9855/60, targetting 0.9775/80 then 0.9750/55, while a break of retracement would target 0.9940/45 then 0.9990/95

Nzd/Usd This pair is still on downtrend, but squeezed today bt. support at 0.8220/25 break is to low at 0.8100/10, and resistance at 0.8255/60 break is to 0.8320/30

Euro/Chf This pair is still on uptrend after staying again above retracement, today retracement is at 1.2050/55, break is to 1.1970/75 if broke below 1.2000 first, while on the upside to target 1.2100/05 then 1.2120 and possibly 1.2145/50

Gbp/Chf This pair is still on uptrend but squeezed today bt. resistance at 1.3790/00 break is to 1.3865/70 then 1.3925/30 and possibly 1.3985/90, and support at 1.3720/25 break is to 1.3645/50 then 1.3605/10

Euro/Gbp This pair is on uptrend from yesterday, above retracement at 0.8735/40, break is to 0.8715/20, below would change trend direction toward 0.8695/00 then possibly 0.8660, while on the upside to target 0.8800/05, above here is toward 0.8825/30 then 0.8845/50 and possibly 0.8905/10

Aud/Usd This pair is still on downtrend, but might change this view with a hammer bullish daily candle closed yesterday, retracement at 1.0330/40, break is to 1.0430/40, while low is at 1.0225/30

Euro/Jpy This pair is trying to break to the upside, squeezed today bt. resistance at 106.85/90, a base above here would change trend direction to target 107.50/55 then 108.05/10 and possibly 108.70, and support at 106.00/10 break is to target 104.90/95

Gbp/Jpy This pair is stil on downtrend, retracement at 121.45/50 break is to 122.45/50, above here would change trend direction to target 123.20/25 then possibly 123.95/00

Gold is still on downtrend, retracement at low at 1752/53, below would extend weakness toward 1741/42 then possibly 1711/12, retracement at 1805/06, break is to 1830/31 then 1836/37

Oil is still moving sideways with uptrend basis, retracement at 88.95 break is to 88.10/15 then possibly 87.30/40, while high is at 91.10/20 with resistance at 90.55/60 on the way

***I expected SNB to take action to power the Euro/Chf meaning buying & powering the Euro Currency but after SNB reassured that rates would be kept low and action is ready to be taken at 1.2000 or “above”(take note about this important word by SNB), the action came as joint intervention from ECB, Fed, BOE, BOJ, & SNB by offering EuroZone banks loans till end of this year that resulted in powering the Euro Currency and Euro/Usd spiking upward 200 pips.

I always try to write hints for traders when any possible important market move might occur and what I said yesterday came quickly to reality about Euro/Usd had set reversal price level at 1.3490/00 looking for more upward movement for Euro pairs…and this price would be hard to get penetrate because many expactations(as by Goldman Sachs) for Euro/Usd bt. 1.36 & 1.38 by end of year and the ECB joint action with other Central Banks being valid till end of year proved these talks or expectations.

*You are welcome here “crashgtti”

Have A Great Trading Day

162

Hi,
Very good signals and nice background information. Keep up the good work. Very appreciated. Thank you.

163

Hello Traders,

Forex Signals & Analysis for 19th September 2011:

Short Term Signals:

Usd/Chf Buy at 0.8680/85 then 0.8645/50 then 0.8605/10, sell at 0.8825/30 then 0.8880/85

Usd/Jpy Buy at 76.55/60 then 76.45/50 then 76.30/35, sell at 77.00/05 then 77.10/15 then 77.25/30

Euro/Usd Buy at 1.3660/65 then 1.3590/95, sell at 1.3900/05 then 1.3950/55

Gbp/Usd Buy at 1.5615/20 then 1.5690/95 then 1.5640/45, sell at 1.5855/60 then 1.5885/90 then 1.5930/35

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.8760, break is to 0.8730/40, below is to our short term buy signals, while kept basing above retracement is toward our short term sell signals

Usd/Jpy This pair is squeezed today bt. support at 76.85 break is to our short term buy signals & low at 76.30/35, and resistance at 77.00 break is to 77.10/15, a base above is to target high price level at 77.60/65 if broke above 77.25/30

Euro/Usd This pair is still on downtrend, retracement at 1.3740/50, break is to 1.3800/10, a base above would change tren direction, while on the downside toward our short term buy signals.

Gbp/Usd This pair is still on downtrend, retracement at 1.5775/80, break is to 1.5845/50, above would change trend direction toward our short term sell signals

Usd/Cad This pair is still on downtrend, retracement at 0.9840/50, break is to 0.9865/70, a base above would change trend direction targetting 0.9890 then 0.9915/20, while low is at 0.9735/40

Nzd/Usd This pair is still on downtrend, retracement at 0.8250/60, break is to 0.8330/40 then possibly 0.8400/10, hile kept below retracement might target low at 0.8110/20 with support in the way as 0.8185/90 and 0.8140/45

Euro/Chf This pair is still on uptrend, retracement at 1.2055/60, break is toward 1.2045/50 then 1.2030/35 then 1.2010/15, while on the upside to taregt 1.2105/10 then 1.2120 then 1.2140/45

Gbp/Chf This pair is still on uptrend, retracement at 1.3830/40, break is to 1.3715/20, while a base above retracement might target 1.3900/05 then 1.3940/45

Euro/Gbp This pair reversed to downtrend, below retracement at 0.8710/15 targetting low at 0.8610/20 while above would target 0.8750/60, break is to 0.8800/05

Aud/Usd This pair is still on downtrend, retracement at 1.0320/30, break is to 1.0410/20, while low is at 1.0210/20

Euro/Jpy This pair failed to base on uptrend and kept on downtrend, retracement at 105.65/70, break is to 106.45/50, above is toward 108.40/50, while low is at 103.90/00

Gbp/Jpy This pair is still on downtrend, retracement at 121.30/40, break is to 122.20/30, then toward 123.70/80, low is at 120.00/10

Gold is squeezed today bt. support at 1812/13, break is to 1762/63 and low price level is at 1757/58, and resistance at 1830/31, break is toward 1843 then 1857/58

Oil is on downtrend basis today, retracement at 88.05/10, break is to 88.35/40, above is toward 89.95/00, while on the downisde to target 86.20/25 then 85.40/45

*Thank you for your kind compliment “tgdkere2”. Hopefully, all traders would always gain daily money from my posts information.

Have A Great Trading Day

164

Hello

Nice signals thank you! Today I opted for USD/CAD long (+48 pips). NZD/USD short (+24 pips). GBP/CHF long (+40 pips). Total +112 pips. (You were 2 pips out on your USD/CAD target, but I will let you off this once).

Thanks again, keep up the good work!
Dave

165

*Congratulations “agent007uk”, really happy for you and all traders who gain money from my signals & anaylsis.
For traders who didn’t understand what you meant by “2 pips out on your Usd/Cad”, he meant Usd/Cad targetted yesterday 0.9922 while I expected it at 0.9915/20(2 pips difference), good joke fellow… Despite it must had been more than 48 pips gain because the breakout stratgey strategy started from retracement at 0.9850 but the 48 number is not bad…lol
I hope all traders using my posts information to post their results whatever they are, for all to share their views and how they trade my signals & analysis. For next times, most importantly posting your entries & exists so all traders understand how my forex stratgies work, & I try to help by improving your entries and exists understanding.
As you know, I can’t daily post the previous day great results due to lack of time, but try to add some hints from time to time, for example other pairs great results are Buy Euro/Jpy at low 103.90/00 around 100 pips gain, Euro/Usd buy at 1.3595/00 also around 100 pips, Gbp/Usd Buy at 1.5640/45 around 60 pips, Usd/Jpy breakout strategy from 76.85 sell toward low at 76.30/35 then bought here for around 30 pips till now and you can hold this order or take profit and buy again at today low price or then short term buy signals…

Enjoy your days traders

166

Hello Traders,

Forex Signals & Analysis for 20th September 2011:

Short Term Signals:

Usd/Chf Buy at 0.8765/70 then 0.8745/50 then 0.8700/05, sell at 0.8880/85 then 0.8910/15 then 0.8945/50

Usd/Jpy Buy at 76.15/20 then 75.95/00 then 75.60/65, sell at 77.05/10 then 77.25/30 then 77.55/60

Euro/Usd Buy at 1.3575/80 then 1.3525/30 then 1.3470/75, sell at 1.3760/65 then 1.3795/00 then 1.3875/00

Gbp/Usd Buy at 1.5610/15 then 1.5570/75 then 1.5510/15, sell 1.5780/85 then 1.5820/25 then 1.5880/85

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.8790, break is to 0.8760/65, below is to the other 2 short term buy signals, while on the upside is toward our short term sell signals

Usd/Jpy This pair is still on downtrend, had hit yesterday low at 76.30/35(Good buy) after a successful breakout strategy started from yesterday support at 76.85, today retracement at 76.70, break is to good resistance at 76.95/00, above here is toward our short term sell signals, while low is at 76.25/30, below would extend weakness to our short term buy signals

Euro/Usd This pair is still on downtrend, retracement at 1.3715/20, break is to 1.3770/80, a base above would change trend direction to our short term sell signals, while on the downside is to target our short term buy signals.

Gbp/Usd This pair is still on downtrend, low is at 1.5550/55, retracement at 1.5735/40, break is to 1.5820/25, above would chnage trend direction toward 1.5880/90

Usd/Cad This pair reversed, basing on uptrend today with an overall sideways movement, retracement at 0.9875/80 break is to 0.9850/55, below is toward 0.9800/10, while on the upside is toward high at 0.9965/70

Nzd/Usd This pair is still on downtrend, low at 0.8100/10, retracement at 0.8250/60, break is to 0.8320/30

Euro/Chf This pair is still on uptrend, retracement at 1.2055, break is toward 1.2040/45 then 1.2030/35 then 1.2015/20, while on the upside is toward 1.2085/90 then 1.2095/00 and possibly 1.2110/15

Gbp/Chf This pair is still on uptrend, retracement at 1.3830 break is to 1.3790/95 then 1.3765/70, while on the upside is toward 1.3925/30 then 1.3965/70

Euro/Gbp This pair is still on downtrend, low is at 0.8600/10, retracement at 0.8710/20, break is toward 0.8755/60 and possibly to 0.8795/00

Aud/Usd This pair is still on downtrend, low is at 1.0145/50, break is toward 1.0125/30 then 1.0085/90 and possibly 1.0000/10, while retracement at 1.0250/55, break is to 1.0370/75

Euro/Jpy This pair is still on downtrend, low is at 103.20/30, retracement at 105.00/10, break is to 106.00

Gbp/Jpy This pair is still on downtrend, low at 119.40/50, retracement at 120.60/70, break is to 121.70/80

Gold is on downtrend, retracement at 1793/94, break is to 1816/17 then 1823/24, while low is at 1747/48

Oil is on downtrend, retracement at 86.80 break is to 87.35/40 then 88.10/20, while low is at 83.80/85

***The market was not expected to have a high volatility as happened yesterday due to no news releases, but it seem that traders are more volatile than the markets and getting over hyper…lol watching forex tvs as CNBC, Bloomberg… that I believe they are playing a somehow important role in market movements by focusing at some news and repeating, repeating it all day & night.
You all remember how much they kept focusing at the US Debt, QE…, & the dollar kept weakening, recently they had been focusing at the EuroZone debt problems especially at Greece, but for God Sake don’t we all know from many months about EuroZone debt problems especially Greece, even if it got financial help by the ECB but real traders knew well that Euro/Usd around 1.4500 would not last because debt problems would still be seen from a Eurozone country to other country.
And, I informed you traders at that time that Euro/Usd & Gbp/Usd destiny is downtrend at least for the medium term. But Honestly this huge weakness toward 1.3500 was not expected and really nonsense(1000pips in no time), but this prove how much market momentum is crucial, and when the rythym start all would ride the trend and Forex Tv’s would add the Oil to the Fire to complete the film.
The market yesterday rally and maybe would continue today wasn’t expected(as this strong) because we have tommorow a very important news release which is the FOMC Statement and Bernanke possibly announcing QE3 or not. So as I mentioned in past posts that sometimes the market act defensively before going forward to lessen the spike movement later on, such action occur for all pairs & had happened to Euro/Usd & Gbp/Usd always powering after retracement to high level for nonsense reasons but all that was to lessen the big fall time, then the funny part is that the big fall came fast in no time for no real reason as I mentioned previously because we all knew those Euro debt problems & UK possible cut of rates and even in a previous 2 month MPC Meeting and after votes for hike had become at 0(members) the Gbp/Usd collapsed 100 pips and then spiked 200 to 300 pips at same then second day as I well remember and focused at this point in that dae post.
Conclusion, look at the market momentum and trade accordingly, and not hard to find it but just follow my daily analysis looking at start of trend to follow the journey…

Have A Great Trading Day

167

i like read your signals…keep that good work…thanks for that :slight_smile:

168

Great work dude, keep it up

169

Well, a tricky day for me today, but I still managed to come away with over 100 pips! I don’t really have the margin available to trade all of the signals so I just pick a few and hope for the best. Also, bear in mind that I am generally not able to baby-sit these trades (I normally have access to the charts every few hours or so).
For the benefit of other readers of this great thread, here are my 4 trades taken earlier this morning:

Sell AUD/USD @ 1.0244. Closed @ 1.0279 for loss -35 pips.
Buy GBP/CHF @ 1.3847. Closed @ 1.3925 for +78 pips. (hit my TP)
Sell EUR/USD @ 1.3711. Closed @ 1.3702 for +9 pips (I bailed out of this trade early)
Buy USD/CHF @ 0.8796. Closed @ 0.8845 for +49 pips (hit my TP)
Total plus +101 pips.

170

Hello Traders,

Forex Signals & Analysis for 21st September 2011:

Short Term Signals:

Usd/Chf Buy at 0.8775 then 0.8725/30 then 0.8665/70, sell at 0.8950/55 then 0.8990/95 then 0.9060/65

Usd/Jpy Buy at 76.20/25 then 76.05/10 then 75.85/90, sell at 76.75/80 then 76.90/95 then 77.05/10

Euro/Usd Buy at 1.3580/85 then 1.3525/30, sell at 1.3790 then 1.3830/35 then 1.3915/20

Gbp/Usd Buy at 1.5655/60 then 1.5615/20, sell at 1.5780/85 then 1.5800/05 then 1.5860/65

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement is at 0.8790/00, break is to target our short term buy signals while as continuation of trend is to target our short term sell signals

Usd/Jpy This pair is still on downtrend, retracement at 76.55/60, break is to 76.85/95, above would change trend direction, while low is at 76.15/20, below is to extend weakness to our short term buy signals

Euro/Usd This pair is still on downtrend, retracement at 1.3710, break is to 1.3740, above would target our short term sell signals changing trend direction, while on the downside is toward our short term buy signals

Gbp/Usd This pair is still on downtrend, retracement at 1.5740/50, break is to 1.5795/00, above would target 1.5860/70 changing trend direction, while on the downside toward our short term buy signals

Usd/Cad This pair is still on uptrend, retracement at 0.9890/00 break is to 0.9850/60, while high is at 0.9980/85

Nzd/Usd This pair is still on downtrend, retracement at 0.8350/60, break is to 0.8315/25 then possibly to 0.8400/10, while low is at 0.8090/00

Euro/Chf This pair is still on uptrend, retracement at 1.2110/15, break is to 1.2080/85, below is toward 1.2030/40, while on the upside is toward 1.2255/60

Gbp/Chf This pair is still on uptrend, retracement at 1.3870/80, break is to 1.3805/10, wile on the upside to target 1.4075/80

Euro/Gbp This pair is still on downtrend but might change this view today if based above retracement at 0.8710 targetting 0.8750/60, above is toward 0.8790/00, while low is at 0.8600/10

Aud/Usd This pair is still on downtrend, retracement at 1.0270/80, break is to 1.0340/50 then possibly toward 1.0405/10, while low is at 1.0140/50

Euro/Jpy This pair is still on downtrend, retracement at 104.95/00, break is to 105.60/70, above would chnage trend direction toward 107.75/80, while low is at 103.00/10

Gbp/Jpy This pair is still on downtrend, retracement at 120.50/60, break is to 121.45/50, above is to target 123.00/10 changing trend direction, while low is at 119.20/30

Gold is still on downtrend, retracement at 1800 break is to 1817/18 then 1826/27, above here would chnage trend direction toward 1836/37, while low is at 1757/58 below is toward 1752/53 then 1735/36

Oil is still on downtrend, retracement at 86.85/90, break is to 87.55 then 87.90/00, above would change trend direction toward 88.90/95 then 90.15/20, while low is at 84.10/20

We have 4 Crucial news releases today for the Sterling, Canadian Dollar, & Dollar Currencies:

  • UK MPC Meeting Minutes: Buy if 2 Members Vote for Hike while sell if 2 Members Vote for Quantitative Easing or if the Asset Purchasing Facility increase to above 200B

  • CAD Core CPI: Buy Usd/Cad if below 0% while sell if 0.3% or above

  • US Existing Home Sales: Buy Usd/Chf & Usd/Jpy if 5.10M or above, while Buy Euro/Usd & Gbp/Usd if 4.40M or below

  • US FOMC Rate & Statement: Main Focus would be at Bernanke talks wiht mnay possibilities for Mr. Ben Genius to announce today, and this day would be very important for all pairs as a turning point or a contiuation of current trend movements.

*** Take Note traders that at those price levels for all yen pairs, Intervention is seen in the picture especially with the Fed Statement today and most possible high volatility in the markets movement which would be a perfect time for BOJ to react if yen pairs collapse to new historic lows.

Have A Great Trading Day

171

Thank you traders for your Nice Comments.

About “agent007UK” results, Ofcourse the results are good as overall look but must had been much better with better entries & exists.

Lets start with your Usd/Chf Buy Entry, yesterday retracement was at 0.8790 and price had hit exactly 0.8789 not a worry few pips, a good entry at 0.8796 but exit by TP must had been better because the first short term sell signal was at 0.8880/85 so here must had been your first TP then 0.8910/15 second TP and market had hit 0.8920 high price yesterday.

Gbp/Chf Buy Order must had been with better entry at retracement 1.3830 but it’s not that bad at 1.3847, the close was good at first TP signal 1.3925/30 while you could had let gains more run toward second TP1.3965/70 and for more luck market price extended gains to a little above 1.4000 but second TP was good to close as a long term basic TP strategy follow.

Euro/Usd sell order entry was good but exit must had been much better for big number of pips

Aud/Usd sell order entry was wrong, must had bought at low 1.0145/50, or sold exactly at retracement 1.0250/55, I know it is not always great to milk the entry or exit but many times it would make a difference as you realize that this pair reversed to under retracement and even today you could had closed at around 20 pips gain or much less SL.

Anyway, as said before the overall results are good, with better understanding of my signals & analysis you can perform much better but in all cases I insist that my forex strategies especially perfect entries are very important for all to adapt well but TP or SL can be as a trader desire, some prefer gaining quick 20 to 30 pips with small SL while others prefer bigger TP with big SL.
So whether you like to follow my both stratgies TP & SL or not, most importantly is entry prices so follow my signals & analysis accurately regarding this part. And I’ll daily try to help you all improve that if you have results to post for any pair/s or Gold & Oil too.
Remember traders that my short term TP is bt. 10-30 pips, while SL 30 to 50pips, and Medium term TP 50-100 with same number of SL or higher TP if following the trend for days so SL would be at reverse of trend, meaning if you are 250 pips upward stop loss would be at 200 pips gain while 200 gain SL would be at 150 pips gain…

Take Crucial Note traders that for the breakout stratgey like break of retracement or high support or low resistance, a false breakout would be seen in the range of 10 pips, meaning if retracement or…is for example at 1.2000 market price might go to 1.1990 at not first but usually second or more attempts then bounce upward or downward according to up or downtrend main trend movement, while a successful breakout is in the range of more than 10 pips and momentum & volatility would be clear if a breakout is coming or not. Many times it’s easy as selling at retracement for downtrend & buying at retracement for uptrend(for example Usd/Chf, Euro/Chf & Gbp/Chf pairs yesterday buy at retracement), also as vice versa breakout strategy, it would be easy to buy at retracement for downtrend after some repeated tests or sell for uptrend…

Good Luck Traders

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Kind sir, you rock! Im amazed at the amount of help everyone is so willing to dish out here. Thank you thank you thank you