Hi FMM sir,
unfortunate that we all are missing your today’s signals at the moment. I am hoping that we all will get the same from Monday. Sorry for asking You my most respected Forex Guru in this matter,
Regards,
Krishna
Hi FMM sir,
unfortunate that we all are missing your today’s signals at the moment. I am hoping that we all will get the same from Monday. Sorry for asking You my most respected Forex Guru in this matter,
Regards,
Krishna
Thanks for the Nice Compliment Krishna and your interest in my Daily Signals and Analysis.
Hello Traders,
Daily Forex & Commodity Signals & Analysis for 24th December 2012:
Short Term Signals:
Usd/Chf Buy at 0.9095/00 then 0.9070/75 then 0.9040/45, sell at 0.9195/00 then 0.9215/20 then 0.9255/60
Euro/Usd Buy at 1.3130/35 then 1.3100/05 then 1.3050/55, sell at 1.3255/60 then 1.3290/95 then 1.3330/35
Medium Term Analysis:
Usd/Cad on uptrend, retracement at 0.9905/10, as swing buy with Tp1 0.9975/80 Tp2 0.9995/00 Tp3 1.0040/45, as breakout sell with Tp1 0.9865/70 Tp2 0.9835/40 Tp3 0.9800/05
Aud/Usd on downtrend, retracement at 1.0415/20, as swing sell with Tp1 1.0350/55 Tp2 1.0330/35 Tp3 1.0270/75, as breakout buy with Tp1 1.0480/85 Tp2 1.0515/20 Tp3 1.0550/55
Have A Great Trading Day
Merry Christmas from ForexMoneyMaker to all Traders Worldwide
May the birth of Lord Jesus Christ inspire and bless all people especially Christians worldwide praying and celebrating to continue spreading the spirit of Love and Peace
May the good times and treasures of the present become the golden memories of tomorrow.
Wish you lots of love, joy and happiness.
From the bottom of my heart
MERRY CHRISTMAS
Merry Christmas & Happy New Year to you and all the people around the World.
Hope you have a prosperous 2013 year.
Mike,
Hi FMM,
This is one of the expectations I have in 2013. Most of the traders who are my Friends in FB are optimistic about 2013 since this year there had been a lot of uncertainties in fx markets due to a number of factors that we all know. Some say that as soon as the US Fiscal cliff is resolved we shall have a good liquidity in the market so that the turbulence here is reduced. what is your say on this matter…? I am seeing that the resolution of US fiscal cliff is it really a matter of concern or just a buzz in the air. When this issue is resolved can we expect a better year in Fx market rather than having same uncertainties here. Happy to get a reply if you can provide me some sort of inspiration in trading Fx markets.
Thanks & regards,
Krishna
Hi Krishna,
I’m not here to reply to your question. I’m here to ask you what is your FB name.
See yaa there.
Hi salim,
My FB profile name is : krishna Prasad.
Thanks & Regards,
Krishna
I will send you friend request.
I know that profile. If there is any real account then let me know. Lol…
Happy pipping
Thank you. Same to you Mike.
Lets hope Peace and Love spread all over the world in 2013 year, despite am not optimistic about that.
Again back to prediction makers…LOL
Explained that point previously in my facebook thread.
This was it, for Traders who hadn’t have a look at yet:
“”“To make it brief, there are basic months per year when market liquidity decrease, mainly in the summer and around Christmas and New Year. While other months there are some days when market liquidity is affect according to several factors including news releases and the worldwide economical and political atmosphere.
I don’t see that market liquidity really decreased recently, as for example the yen currency weakened a lot last week in advance of Japanese Elections already done this weekend and the currency might further on be affected this coming week according to the official results will be announce soon…
Traders participate in market liquidity result and can mark shift of liquidity as increase or decrease when following market price execution, spreads, bid/ask…
Many factors affects market liquidity as when the overall atmosphere is not good, traders tend to decrease risk becoming sensitive in trading besides risk aversion having influence…
Despite Traders don’t have to really worry about that, just trade my Daily Signals & Analysis with my strategies accuracy and understanding, knowing about swing, breakout, price action… and you need nothing more.
Hopefully, Traders who are interested in market liquidity understood the finger points as explained briefly.”"""
Will add to it, Traders must careless about when the market have higher or lower liquidity but just trade it normally according to my Daily Signals & Analysis.
It really doesn’t matter, you must only have the ability and smartness to trade according to all market conditions.
Traders must only fear about sudden unrealistic abnormal spikes that occur due to a very important worldwide economical and political shock like the one that had happen in 9/11/2001.
Fiscal Cliff or others… not expected to make a huge difference in market movement but at same time Traders can avoid trading in such circumstances just for protection.
All those are propaganda, for example what happened after the Greece voting?? Some 100 or 50 pips spike, same for after the Japanese Elections, there are many days that the market open on such gap after weekend due to central & big banks dealings without any of such significant news found.
Most Traders know that every sometime(short or long) to not say daily( in hidden form), Central Banks interfere in the market for its interest like protecting its currency due to a lone intervene or triple or more intervene due to agreements(spoke or written) with other countries central banks.
Trade Carefully and don’t worry of the rest…LOL
Hello Traders,
Daily Forex & Commodity Signals & Analysis for 26th December 2012:
Short Term Signals:
Usd/Chf Buy at 0.9135/40, sell at 0.9165/70
Euro/Usd Buy at 1.3165/70, sell at 1.3205/10
Medium Term Analysis:
Euro/Usd on uptrend, retracement at 1.3170/75, as swing buy with Tp 1.3205/10, as breakout sell with Tp 1.3085/90
Usd/Cad on uptrend, retracement at 0.9905/10, as swing buy with Tp 0.9930/35, as breakout sell with Tp 0.9875/80
Have A Great Trading Day & Merry Christmas
I agree with the above. Whatever happen in the market we can see that on the chart. We will trade what we see on the chart.
Happy pipping.
Hi FMM,
Well I am surely not a predictor after I started to trade using your most valuable analysis. I wanted to clarify certain doubts that I had in my mind.
Salim,
I have already got your friend request & added You as my friend.
Thanks once again Mr. FMM for clarifying all my doubts & I am surely a perfectionist since I follow your signals & analysis,
Thanks & Regards,
Krishna
Looks like must change my thread name to become “Find a friend”…LOL
That’s Great Krishna. Keep on improving with no limits…
Hello Traders,
Daily Forex & Commodity Signals & Analysis for 27th December 2012:
Short Term Signals:
Usd/Jpy Buy at 85.20/25 then 85.00/05 then 84.80/85, sell at 85.85/90 then 86.00/05 then 86.30/35
Gbp/Usd Buy at 1.6090/95 then 1.6070/75 then 1.6040/45, sell at 1.6180/85 then 1.6200/05 then 1.6230/35
Medium Term Analysis:
Aud/Usd on downtrend, retracement at 1.0390/95, as swing sell with Tp1 1.0340/45 Tp2 1.0325/30 Tp3 1.0305/10, as breakout buy with Tp1 1.0405/10 Tp2 1.0430/35 Tp3 1.0460/65
Gold on downtrend, retracement at 1659/60, as swing sell with Tp1 1650/51 Tp2 1647/48 Tp3 1639/40, as breakout buy with Tp1 1669/70 Tp2 1673/74 Tp3 1679/80
Have A Great Trading Day
Hello,
Very green trader
I’m just trying to work out your signals. I have read your first post, however still don’t understand
So on short term signals, I would place an order to buy at 85.20, sl at 84.95?, then I would put another order to buy at 85? :’(
Apologise, I’m sure it will click soon!
Jcoake39,
You place a buy order at 85.20 then u take a profit of 10 - 30 pips, by observing the price action. Then if you still want to trade another time after taking ur first profit, you have to place another buy at 84.95 and take 10 - 30 pips profit, and so on. And the opposite direction is the same.
You stop ur losses based on the price action. FMM doesnt include the SL.
BTW u shouldn’t follow the market, meaning if the price didnt hit the price FMM put then forget about that level and move on to the second level.
Example if the 85.20/25 didnt get hit, instead 85.30/35 and went straight up more the 6- 10 pips then ignore this level and move to the second which is 84.95/00
Mike,
Hi Mike,
Thanks for the reply.
I’m feeling a bit dense as I cant understand why you would buy at say 85.20, take say 20 pips so price would be 85.40. But why would I buy again when its drops to 84.90?
I’m sure im missing something very obvious!
Thanks
jcoale39