Daily Forex & Commodity Signals & Analysis for 1st July 2014:
Short Term Signals:
Euro/Jpy Buy at 138.10/15 then 137.85/90 then 137.60/65, sell at 139.00/05 then 139.15/20 then 139.55/60
Medium Term Analysis:
Nzd/Usd on uptrend, retracement at 0.8750/55, as swing buy with Tp1 0.8790/95 Tp2 0.8805/10 Tp3 0.8835/40, as breakout sell with Tp1 0.8715/20 Tp2 0.8700/05 Tp3 0.8675/80
Daily Forex & Commodity Signals & Analysis for 2nd July 2014:
Short Term Signals:
Gold Buy at 1321/22 then 1318/19 then 1313/14, sell at 1332/33 then 1336/37 then 1339/40
Medium Term Analysis:
Euro/Usd on uptrend, retracement at 1.3665/70, as swing buy with Tp1 1.3695/00 Tp2 1.3705/10 Tp3 1.3715/20, as breakout sell with Tp1 1.3640/45 Tp2 1.3605/10
I have plotted your signals on the chart for june 2014 of USD/CHF.
I have plotted as per my best knowledge.
Medium Term Daily Analysis:
At first, you use 5 minute chart for entries and exits using price action skills.
You set your mind for a swing trade in the direction of the trend as first option. Then wait for retracement to be hit and work according your price action skills to determine if trend will keep to enter a swing order or possible breakout to enter a breakout trading order which mean in an uptrend as swing you buy and as breakout you sell.
Great Job Imprimus. Adding to your post about how to trade the MTA strategy. The first option is always for swing with the trend direction which mainly results in a 20 pip movement after the bounce from retracement, even if it will breakout later on.
But even in such situation that will not mean directly entering at retracement even if it’s near an important news release or some news resulting in a huge bearish or bullish candle, it does not mean going blindly buying or selling instantly when retracement is hit without looking at the 3 indicators I use…
Some might say OH that’s too much complication or misunderstanding. I say Market trading is not easy but hard, however can be easy at many times when trading FMM Signals and Analysis, this is when we must make the most pips and cut the loss in the hard times…
Daily Forex & Commodity Signals & Analysis for 7/7/2014:
Short Term Signals:
Nzd/Usd Buy at 0.8720/25 then 0.8715 then 0.8700, sell at 0.8755/60 then 0.8765/70 then 0.8775/80
Medium Term Analysis:
Gbp/Usd on uptrend, retracement at 1.7145/50, as swing buy with Tp1 1.7185/90 Tp2 1.7200/05 Tp3 1.7230/35, as breakout sell with Tp1 1.7120/25 Tp2 1.7105/10 Tp3 1.7085/90
Daily Forex & Commodity Signals & Analysis for 8th July 2014:
Short Term Signals:
Usd/Chf Buy at 0.8915/20 then 0.8910/15 then 0.8890/95, sell at 0.8955/60 then 0.8965/70 then 0.8980/85
Medium Term Analysis:
Aud/Usd on downtrend, retracement at 0.9375/80, as swing sell with Tp1 0.9340/45 Tp2 0.9325/30 Tp3 0.9310/15, as breakout buy with Tp1 0.9385/90 Tp2 0.9395/00 Tp3 0.9415/20
I have plotted your signals on the chart for june 2014 of USD/JPY.
I have plotted as per my best knowledge.
Medium Term Daily Analysis:
At first, you use 5 minute chart for entries and exits using price action skills.
You set your mind for a swing trade in the direction of the trend as first option. Then wait for retracement to be hit and work according your price action skills to determine if trend will keep to enter a swing order or possible breakout to enter a breakout trading order which mean in an uptrend as swing you buy and as breakout you sell.
Daily Forex & Commodity Signals & Analysis for 9th July 2014:
Short Term Signals:
Usd/Cad Buy at 1.0655/60 then 1.0645 then 1.0625/30, sell at 1.0695/00 then 1.0705/10 then 1.0720/25
Medium Term Analysis:
Aud/Usd on downtrend, retracement at 0.9405/10, as swing sell with Tp1 0.9360/65 Tp2 0.9340/45 Tp3 0.9320/25, as breakout buy with Tp1 0.9425/30 Tp2 0.9440/45 Tp3 0.9365/70
I have plotted your signals on the chart for june 2014 of EUR/USD, as per my best knowledge.
Medium Term Daily Analysis:
At first, you use 5 minute chart for entries and exits using price action skills.
You set your mind for a swing trade in the direction of the trend as first option. Then wait for retracement to be hit and work according your price action skills to determine if trend will keep to enter a swing order or possible breakout to enter a breakout trading order which mean in an uptrend as swing you buy and as breakout you sell.
Daily Forex & Commodity Signals & Analysis for 10th July 2014:
Short Term Signals:
Gbp/Usd Buy at 1.7095/00 then 1.7065/70 then 1.7045/50, sell at 1.7185/90 then 1.7200/05 then 1.7245/50
Medium Term Analysis:
Euro/Jpy on downtrend, retracement at 138.65/70, as swing sell with Tp1 138.10/15 Tp2 137.85/90 Tp3 137.60/65, as breakout buy with Tp1 138.95/00 Tp2 139.10/15 Tp3 139.45/50
I am planning to post live trades on everyday basis from August. I will try to post as soon as my position are open as per your signals. Right now, I might not be perfect to do so. But eventually i am expecting to become an expert in trading and others might also get benefitted.
I am starting from august since i need time to prepare lot of stuff for posting. So i can post quickly. I will keep one post for a day and keep re-editing if i need to add/modify post.
I will start with single currency pair i.e. GBP/USD.
If I am wrong in any way, please correct me. Thank you for giving me an opportunity to become good trader.
Today, I have tried to do so with single trade. Hopefully i have traded perfectly.
Live Trade : 10 July 2014 : GBP/USD : London session :
Today, there is a BoE Interest Rate Decision (High impact news). 5 hours to go.
So, I am expecting less volume in market till news comes out.
Trading Opportunities :
Short :
Found divergence on 2 indicator and hence going short till retracement.
After price reaching retracement, not sure about market will move in bigger range touching TP1 of any sides.
Since skeptical about market volume, I am staying away from market till news release.
I have plotted your signals on the chart for june 2014 of USD/CAD, as per my best knowledge.
Medium Term Daily Analysis:
At first, you use 5 minute chart for entries and exits using price action skills.
You set your mind for a swing trade in the direction of the trend as first option. Then wait for retracement to be hit and work according your price action skills to determine if trend will keep to enter a swing order or possible breakout to enter a breakout trading order which mean in an uptrend as swing you buy and as breakout you sell.