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Thread: Forex Buy & Sell Trading Signals

  1. #1951
    salimvp's Avatar
    salimvp is offline Senior Member
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    Quote Originally Posted by ForexMoneyMaker View Post
    Salim, why did you take profit at 100 pips. The pair did not reach Tp3 but Tp2 124.20/25 and few pips more(High price was 124.33, pardon me for the 7pip difference..lol)
    This is a 200 pip but since the pair did not continue to Tp3 you must have locked profit at 150pips(my medium stratgey TP rule, as profit reach 100pips you lock as breakeven at 50pips, 150 at 100, 200 at 150..) not 100pips and a question to be asked, looks you took Tp before the pair even reach Tp2 because after TP2 was hit, the pair did not go down to 100pip from retracement level as measurement!! You had exit early, right?

    Good Luck
    No, I have a job. So that I put a 100 pip profit target. I can't watch oftenly the chart so it hit the TP. If I can watch I can manage the trade too. Looking forward to give up the day job.

    Thanks for your generous support.

    Salim


  2. #1952
    PipMaxPlus is offline Newbie
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    Quote Originally Posted by ForexMoneyMaker
    Hello Traders,

    Forex Signals & Analysis for 8th June 2012:

    Short Term Signals:

    Usd/Chf Buy at 0.9505/10 then 0.9485/90 then 0.9455/60, sell at 0.9595/00 then 0.9610/15 then 0.9650/55

    Usd/Jpy Buy at 79.10/15 then 78.85/90 then 78.60/65, sell at 79.95/00 then 80.15/20 then 80.50/55

    Euro/Usd Buy at 1.2510/15 then 1.2485/90 then 1.2435/40, sell at 1.2625/30 then 1.2655/60 then 1.2690/95

    Gbp/Usd Buy at 1.5400/05 then 1.5345/50 then 1.5265/70, sell at 1.5635/40 then 1.5685/90 then 1.5775/80

    Medium Term Daily Analysis:

    Usd/Chf This pair is on downtrend, retracement at 0.9575/80, as swing sell with Tp1 0.9505/10 Tp2 0.9485/90 Tp3 0.9455/60 while as breakout buy with Tp1 0.9595/00 Tp2 0.9610/15 Tp3 0.9650/55

    Usd/Jpy This pair is on uptrend, retraceemnt at 79.25/30, as swing buy with Tp1 79.95/00 Tp2 80.15/20 Tp3 80.50/55 while as breakout sell with Tp1 79.10/15 Tp2 78.85/90 Tp3 78.60/65

    Euro/Usd This pair is on uptrend, retracement at 1.2530/40, as swing buy with Tp1 1.2625/30 Tp2 1.2655/60 Tp3 1.2690/95 while as breakout sell with Tp1 1.2510/15 Tp2 1.2485/90 Tp3 1.2435/40

    Gbp/Usd This pair is on uptrend, retracement at 1.5485/95, as swing buy with Tp1 1.5635/40 Tp2 1.5685/90 Tp3 1.5775/80 while as breakout sell with Tp1 1.5400/05 Tp2 1.5345/50 Tp3 1.5265/70

    Usd/Cad This pair is on downtrend, retracement at 1.0290/00, as swing sell with Tp1 1.0205/10 Tp2 1.0175/80 Tp3 1.0140/45 while as breakout buy with Tp1 1.0325/30 Tp2 1.0345/50 Tp3 1.0395/00

    Euro/Cad This pair is on uptrend, retracement at 1.2870/80, as swing buy with Tp1 1.2960/65 Tp2 1.2990/95 Tp3 1.3040/45 while as breakout sell with Tp1 1.2840/45 Tp2 1.2805/10 Tp3 1.2765/70

    Gbp/Cad This pair is on downtrend, trying to change this view today, retracement at 1.5965/70, as swing sell with Tp1 1.5870/75 Tp2 1.5825/30 Tp3 1.5790/95 while as breakout buy with Tp1 1.6005/10 Tp2 1.6030/35 Tp3 1.6090/95

    Aud/Usd This pair is on uptrend, retracement at 0.9860/70, as swing buy with Tp1 1.0000/05 Tp2 1.0050/55 Tp3 1.0095/00 while as breakout sell with Tp1 0.9825/30 Tp2 0.9795/00 Tp3 0.9715/20

    Aud/Jpy This pair is on uptrend, retracement at 78.20/25, as swing buy with Tp1 79.80/85 Tp2 80.35/40 Tp3 80.95/00 while as breakout sell with Tp1 77.95/00 Tp2 77.50/55 Tp3 76.75/80

    Nzd/Usd This pair is on uptrend, retracement at 0.7640/50, as swing buy with Tp1 0.7740/45 Tp2 0.7780/85 Tp3 0.7810/15 while as breakout sell with Tp1 0.7625/30 Tp2 0.7605/10 Tp3 0.7550/55

    Euro/Jpy This pair is on uptrend, retracement at 99.35/45, as swing buy with Tp1 100.80/85 Tp2 101.20/25 Tp3 101.80/85 while as breakout sell with Tp1 99.15/20 Tp2 98.75/80 Tp3 98.15/20

    Gbp/Jpy This pair is on uptrend, retracement at 122.80/90, as swing buy with Tp1 124.85/90 Tp2 125.40/45 Tp3 126.55/60 while as breakout sell with Tp1 122.10/15 Tp2 121.35/40 Tp3 120.45/50

    Chf/Jpy This pair is on uptrend, retracement at 82.70/75, as swing buy 83.90/95 Tp2 84.25/30 Tp3 84.75/80, while as breakout sell with Tp1 82.55/60 Tp2 82.20/25 Tp3 81.70/75

    Gbp/Chf This pair is on downtrend, retracement at 1.4890/00, as swing sell with Tp1 1.4750/55 Tp2 1.4705/10 Tp3 1.4650/55 while as breakout buy with Tp1 1.4820/25 Tp2 1.4955/60 Tp3 1.5020/25

    Oil is on downtrend, retracement at 84.35/40, as swing sell with Tp1 81.90/95 Tp2 low at 81.50/55 Tp3 81.05/10 Tp4 78.75/80 while as breakout buy with Tp1 86.75/80 Tp2 88.25/30 Tp3 89.50/55

    Gold is trying to base on downtrend, if bases below 1599/00 to target as swing trading Tp1 1561/62 Tp2 1548/49 Tp3 1516/17 while as breakout buy with Tp1 1629/30 Tp2 1648/49 Tp3 1668/69

    We have Important News releases today for the Sterling, Loonie and Dollar Currency:

    - UK PPI Input: Buy Gbp/Usd if -0.5% or better while sell if -1.5% or worse

    - CAD Unemployment Rate, Employment Change & Trade Balance(All at same time of release): Buy Usd/Cad if 7.4% or worse, below 0K, or/& 0.2B or worse while sell if 7.2% or better, 20K or better, or/& 0.4B or better

    - US Trade Balance: Buy Usd/Chf if -47B or better while sell if -51B or worse

    * Aussie traders will be focsuing at Aud Trade Balance and most improtantly is RBA Governor Glenn Stevens who will talk some hours from now..

    Have A Great Trading Day and An Exciting Weekend
    All the major pairs are on a down trend against usd.....

  3. #1953
    ForexMoneyMaker is offline FX-Men Honorary Member
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    Buy all majors vs the dollar from dips, pairs will fight to close at high price or around retracement levels today to keep recent uptrend movement.
    If that do not happen, Take Stop Loss below recent lows by 50pips or the other TP target that did not reach yet.

    Good Luck

    See You Later in Chat Room.
    Last edited by ForexMoneyMaker; 06-08-2012 at 06:43 AM.

  4. #1954
    Jamzz is offline Newbie
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    are thr going for a reverse?

  5. #1955
    NumaNstudent is offline Newbie
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    hi i hope you will be fine.
    FMM i need your help, actually today i have entered in 2 trades of gold 1 long @1620 and 2 short 1570 .
    long according to your signals and short i was confused about it.
    NOW plz tell what should i do ? close short or continuous both?
    thanks

  6. #1956
    ForexMoneyMaker is offline FX-Men Honorary Member
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    Quote Originally Posted by NumaNstudent View Post
    hi i hope you will be fine.
    FMM i need your help, actually today i have entered in 2 trades of gold 1 long @1620 and 2 short 1570 .
    long according to your signals and short i was confused about it.
    NOW plz tell what should i do ? close short or continuous both?
    thanks
    Some of you traders KILL ME.

    First of all, how had you buy at 1620 when Gold High price till now is 1594!?

    Second, How are your trades according to my signals?!!

    This was my Daily Analysis for Gold Today:

    Gold is trying to base on downtrend, if bases below 1599/00 to target as swing trading Tp1 1561/62 Tp2 1548/49 Tp3 1516/17 while as breakout buy with Tp1 1629/30 Tp2 1648/49 Tp3 1668/69

    Where do you see anything mentioning 1620(that had not even reached) or 1570??

    Where do you see me ever talking about hedging like you had done??

    You must had searched for a short opportunity to sell at retracement or a buy opportunity at the Tp targets.

    Other than that, you are not using my strategies nor price levels.


    Traders here must try to be more accurate and transparent while talking about trading my signals and analysis.

    I am happy to help you if you use my strategies and fail or make some mistake but don't use other signals and come to me as if saying "I used your signals and analysis and went wrong"

    Meet you all at Chat Room Now

  7. #1957
    NumaNstudent is offline Newbie
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    thank you very much FMM.
    im very upset that i couldn't follow your strategy but now i ll learn from you.
    thanks again for help, i want to talk you at chat tell me when you ll free i ll join you chat.

  8. #1958
    NumaNstudent is offline Newbie
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    when market will open again should i close buy trade @1592 or 1594 ?

  9. #1959
    konan's Avatar
    konan is offline Master Contributor and Member
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    Quote Originally Posted by ForexMoneyMaker View Post

    Traders here must try to be more accurate and transparent while talking about trading my signals and analysis.

    I am happy to help you if you use my strategies and fail or make some mistake but don't use other signals and come to me as if saying "I used your signals and analysis and went wrong"
    In the spirit of transparency, lol, as I promised you yesterday sir...
    Eur/Jpy I bought at the retracement based on candlestick formation and trend.
    Down are 1 hour chart and 5 minute one..Please tell me where I went wrong? Btw, no significant news for this pair on 8th of June, Friday.
    Name:  eurjpy1h.jpg
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    Name:  eurjpy5m.jpg
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    Last edited by konan; 06-09-2012 at 04:14 AM.

  10. #1960
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    Braindamage is offline Junior Member
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    Hello, any goodsoul can link the 2 oficeword files which explains the strategy, i changed computer and want to have to reread.
    Thanks.

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