Daily Forex & Commodity Signals & Analysis for 23rd January 2013:
Short Term Signals:
Usd/Chf Buy at 0.9250/55 then 0.9230/35 then 0.9185/90, sell at 0.9345/50 then 0.9370/75 then 0.9400/05
Gbp/Usd Buy at 1.5785/90 then 1.5765/70 then 1.5725/30, sell at 1.5890/95 then 1.5915/20 then 1.5950/55
Medium Term Analysis:
Gbp/Usd on downtrend, retracement at 1.5870/75, as swing sell with Tp 1.5785/90 then 1.5765/70 then 1.5725/30, as breakout buy with Tp 1.5890/95 then 1.5915/20 then 1.5950/55
Usd/Cad on uptrend, retracement at 0.9910/15, as swing buy with Tp1 0.9945/50 Tp2 0.9955/60 Tp3 0.9970/75, as breakout sell with Tp1 0.9895/00 Tp2 0.9885/90 Tp3 0.9860/65
Hi FMM,
Does yesterdayâs Levels only hold good for today as well with respect to Yen crosses as I am going short today also on EUR/USD & GBP/USD, My indicator is showing bullish Yen crosses, Kindly help me in this regard,
Hi FMM,
Thanks for your Todayâs signals. Today you had Give the Signal for Eur/JPY:
Euro/Jpy on downtrend basis, retracement at 118.85/90, as swing sell with Tp1 116.95/00 Tp2 116.45/50 Tp3 115.95/00, as breakout buy with Tp1 119.05/10 Tp2 119.80/85. At today morning at 7 AM India Time, Price of EJ was @117.80. I thought of going Long on EJ till the price reaches 118.9 but since you had not given any signal I dare not to go. The same thing is with respect to all the Yen crosses.
HI FMM,
I am telling that after You provide us your golden signals, then only I will dare to put my order. I am sorry to ask you this but had you provided signal to us exactly 4 hour before this time, I would have become richer by around 300 pips.
Excuse me kindly if I had put certain words that hurts your feelings,
Daily Forex & Commodity Signals & Analysis for 24th January 2013:
Short Term Signals:
Usd/Chf Buy at 0.9265/70 then 0.9255/60 then 0.9230/35, sell at 0.9315/20 then 0.9330/35 then 0.9350/55
Euro/Usd Buy at 1.3250/55 then 1.3220/25 then 1.3175/80, sell at 1.3370/75 then 1.3400/05 then 1.3445/50
Medium Term Analysis:
Usd/Chf on uptrend, retracement at 0.9285/90, as swing buy with Tp 0.9315/20 then 0.9330/35 then 0.9350/55, as breakout sell with Tp 0.9265/70 then 0.9255/60 then 0.9230/35
Euro/Usd on downtrend basis, retracement at 1.3320/25, as swing sell with Tp 1.3250/55 then 1.3220/25 then 1.3175/80, as breakout buy with Tp 1.3370/75 then 1.3400/05 then 1.3445/50
Mike, you can send a private message or comment directly on my facebook page.
Donât know why you guys write a message here instead of there. Not lack of respect to babypips but I post my Daily Signals and Analysis there first and also itâs full involving a dozen of pairs and commodities, so youâll find my post there before here and will reply to you there beforeâŚ
LOL, Take long from below to retracement is not in my strategies but might be some days in my daily tip. I already had advice yesterday and always buying yen pairs below, you didnât have to buy it today but yesterday and hold on your trade since theoretically retracement level is high enough after the big fall yesterday, if you want to play it like thatâŚ
Besides, if a pair is on downtrend basis, itâs better to short or long, implies nothing will escape from you, there are always many opportunities for same and many other pairs & commodities in the market stillâŚ
Thanks for your interest and trust in my posts info and donât worry no bad feelingsâŚLOL
Daily Forex & Commodity Signals & Analysis for 25th January 2013:
Short Term Signals:
Usd/Chf Buy at 0.9260/65 then 0.9250/55 then 0.9220/25, sell at 0.9320/25 then 0.9340/45 then 0.9355/60
Euro/Usd Buy at 1.3285/90 then 1.3240/45 then 1.3200/05, sell at 1.3430/35 then 1.3455/60 then 1.3520/25
Medium Term Analysis:
Aud/Usd on downtrend, retracement at 1.0485/90, as swing sell with Tp1 1.0395/00 Tp2 1.0370/75 Tp3 1.0300/05, as breakout buy with Tp1 1.0545/50 Tp2 1.0590/95 Tp3 1.0630/35
Nzd/Usd on downtrend basis, retracement at 0.8385/90, as swing sell with Tp1 0.8340/45 Tp2 0.8325/30 Tp3 0.8275/80, as breakout buy with Tp1 0.8435/40 Tp2 0.8465/70 Tp3 0.8490/95
Daily Forex & Commodity Signals & Analysis for 28th January 2013:
Short Term Signals:
Usd/Jpy Buy at 90.15/20 then 89.85/90 then 89.45/50, sell at 91.40/45 then 91.65/70 then 92.15/20
Gbp/Usd Buy at 1.5735/40 then 1.5705/10 then 1.5665/70, sell at 1.5845/50 then 1.5870/75 then 1.5915/20
Medium Term Analysis:
Euro/Usd on uptrend, retracement at 1.3400/05, as swing buy with Tp 1.3525/30 then 1.3555/60 then 1.3640/45, as breakout sell with Tp 1.3350/55 then 1.3300/05 then 1.3250/55
Aud/Usd on downtrend, retracement at 1.0455/60, as swing sell with Tp1 1.0380/85 Tp2 1.0365/70 Tp3 1.0325/30, as breakout buy with Tp1 1.0470/75 Tp2 1.0495/00 Tp3 1.0520/25
Daily Forex & Commodity Signals & Analysis for 29th January 2013:
Short Term Signals:
Usd/Chf Buy at 0.9240/45 then 0.9230/35 then 0.9210/15, sell at 0.9290/95 then 0.9300/05 then 0.9315/20
Euro/Usd Buy at 1.3415/20 then 1,3395/00 then 1.3370/75, sell at 1.3485/90 then 1.3500/05 then 1.3530/35
Medium Term Analysis:
Gbp/Usd on downtrend, retracement at 1.5740/45, as swing sell with Tp 1.5630/35 then 1.5605/10 then 1.5535/40, as breakout buy with Tp 1.5780/85 then 1.5825/30 then 1.5870/75
Euro/Jpy on uptrend, retracement at 121.30/35, as swing buy with Tp1 123.10/15 Tp2 123.50/55 Tp3 124.15/20, as breakout sell with Tp1 121.35/40 Tp2 120.95/00 Tp3 120.30/35
Daily Forex & Commodity Signals & Analysis for 30th January 2013:
Short Term Signals:
Euro/Usd Buy at 1.3415/20 then 1.3380/85 then 1.3350/55, sell at 1.3530/35 then 1.3545/50 then 1.3600/05
Gbp/Usd Buy at 1.5685/90 then 1.5650/55 then 1.5615/20, sell at 1.5805/10 then 1.5825/30 then 1.5880/85
Medium Term Analysis:
Aud/Usd on downtrend, retracement at 1.0490/95, as swing sell with Tp1 1.0410/15 Tp2 1.0380/85 Tp3 1.0355/60, as breakout buy with Tp1 1.0505/10 Tp2 1.0520/25 Tp3 1.0570/75
Gold on downtrend, retracement at 1664/65, as swing sell with Tp1 1654/55 Tp2 1649/50 Tp3 1645/46, as breakout buy with Tp1 1669/70 Tp2 1672/73 Tp3 1679/80
Daily Forex & Commodity Signals & Analysis for 31st January 2013:
Short Term Signals:
Usd/Jpy Buy at 90.50/55 then 90.25/30 then 89.90/95, sell at 91.55/60 then 91.75/80 then 92.15/20
Gbp/Usd Buy at 1.5720/25 then 1.5685/90 then 1.5650/55, sell at 1.5845/50 then 1.5870/75 then 1.5925/30
Medium Term Analysis:
Euro/Usd on uptrend, retracement at 1.3510/15, as swing buy with Tp 1.3620/25 then 1.3645/50 then 1.3710/15, as breakout sell with Tp 1.3475/80 then 1.3435/40 then 1.3395/00
Usd/Cad on uptrend, retracement at 0.9990/95, as swing buy with Tp1 1.0050/55 Tp2 1.0065/70 Tp3 1.0085/90, as breakout sell with Tp1 0.9975/80 Tp2 0.9945/50 Tp3 0.9920/25
Daily Forex & Commodity Signals & Analysis for 1st February 2013:
Short Term Signals:
Usd/Chf Buy at 0.9065/70 then 0.9050/55 then 0.9030/35, sell at 0.9125/30 then 0.9140/45 then 0.9165/70
Euro/Usd Buy at 1.3535/40 then 1.3515/20 then 1.3490/95, sell at 1.3605/10 then 1.3620/25 then 1.3650/55
Medium Term Analysis:
Usd/Jpy on uptrend, retracement at 91.25/30, as swing buy with Tp 92.15/20 then 92.40/45 Tp3 93.05/10, as breakout sell with Tp 90.75/80 then 90.35/40 then 89.95/00
Aud/Usd on downtrend basis, retracement at 1.0430/35, as swing sell with Tp1 1.0370/75 Tp2 1.0345/50 Tp3 1.0310/15, as breakout buy with Tp1 1.0465/70 Tp2 1.0485/90 Tp3 1.0525/30
Have A Great Trading Day & An Entertaining Weekend
Am going to ask for FMMâs permision and answer this question since its directed to him.
A simple answer, as FMM stated before on his FB page he has the answer for this question too ;-).
But long story short, when price reaches his retracment, you have to zoom in to the 5 Min Chart and then verify where the price is basing above/below the retracment and if the retracment is acting as a Support or resistance level.
If the swing is BUY, then the retracment level should act as a support and if the swing is SELL then the retracment should act as resistance.
A break of the retracment and price base on the opposite side of the retracment then you will enter as a breakout.
If you check his photos on FB you will know what am saying.
No worries Mike, good explanation to Reyes. Traders who ask such questions must simply first go to my the first posts of this thread and my facebook page photos tab, youâll definitively find all answers needed.
Daily Forex & Commodity Signals & Analysis for 4th February 2013:
Short Term Signals:
Usd/Chf Buy at 0.9010/15 then 0.8980/85 then 0.8940/45, sell at 0.9130/35 then 0.9155/60 then 0.9200/05
Usd/Jpy Buy at 91.60/65 then 91.05/10 then 90.55/60, sell at 93.45/50 then 93.80/85 then 94.65/70
Medium Term Analysis:
Gbp/Usd on downtrend, retracement at 1.5745/50, as swing sell with Tp 1.5600/05 then 1.5560/65 then 1.5435/40, as breakout buy with Tp 1.5860/65 then 1.5940/45 then 1.6000/05
Usd/Cad on downtrend, retracement at 0.9980/85, as swing sell with Tp1 0.9940/45 Tp2 0.9935/40 Tp3 0.9905/10, as breakout buy with Tp1 0.9995/00 Tp2 1.0015/20 Tp3 1.0030/35
Daily Forex & Commodity Signals & Analysis for 5th February 2013:
Short Term Signals:
Usd/Jpy Buy at 91.80/85 then 91.60/65 then 91.00/05, sell at 93.15/20 then 93.55/60 then 93.90/95
Gbp/Usd Buy at 1.5685/90 then 1.5655/60 then 1.5625/30, sell at 1.5800/05 then 1.5820/25 then 1.5865/70
Medium Term Analysis:
Euro/Usd on uptrend, retracement at 1.3490/95, as swing buy with Tp 1.3645/50 then 1.3710/15 then 1.3765/70, as breakout sell with Tp 1.3435/40 then 1.3400/05 then 1.3300/05
Oil on downtrend, retracement at 96.55/60, as swing sell with Tp1 95.15/20 Tp2 94.70/75 Tp3 93.50/55, as breakout buy with Tp1 97.65/70 Tp2 98.45/50 Tp3 99.10/15