So how does the Stop/Loss setup work for you people? Just asking because it doesn’t for me and I stopped using it long time ago…
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I have been following these signals for about a week. They r working fine for me. Thanks forex moneymaker 
Great news! Thank you so much for sharing.
Warm regards Ez
Go long with EUR/GBP now!
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Hello guys,
First I’d like to thank ForexMoneyMaker for providing these signals. Some people asked for results. I’ll give you mine:
I opened an account on Nov 22 2011 with 2 000$US. Today 1 month later the account shows 4 378$US. I have made 358 trades from which 302 were winning ones. Winning Ratio is 84,36%.
I am mostly using signals provided by FMM. As you can see I am scalping as I am unable to keep the winners for very long !!! I never went past the 1300$US margin mark. The lots traded are 0.2 or 0.1.
As for the pairs used: EURUSD, GBPUSD, USDCAD and USDCHF. I am from Canada so I start trading at 08h00EST, but sometimes I did program a few trades for overnight (London) hours .
Thank you FMM !
Eric
Benjo,
thanks for this information. Which signals do you use? 8h EST, what time would that be in CET?
I always felt insure about when the signals were valid. As far as I understood (I’m German) they would be valid from around midnight on (CET), but I didn’t trade because I start trading the next morning around 8-9 CET.
Hallo Hubinator,
I am using both signals. But mostly short term ones. I am trading on New York time, which is 6 hours difference with you.
Some pairs work in-synch so I often trade 2 pairs at the same time (ex. long EURUSD and long GBPUSD, nothing scientific really!).
What would be still better is if I’d be able to wake up at 03h00-04h00 (EST) I feel I leave many pips on the table…
Hello Traders,
Forex Signals & Analysis for 23rd December 2011:
Short Term Signals:
Usd/Chf Buy at 0.9290/95 then 0.9260/65 then 0.9215/20, sell at 0.9420/25 then 0.9445/50 then 0.9495/00
Usd/Jpy Buy at 77.95/00 then 77.90/95 then 77.80/85, sell at 78.25/30 then 78.30/35 then 78.40/45
Euro/Usd Buy at 1.2985/90 then 1.2955/60 then 1.2900/05, sell at 1.3125/30 then 1.3160/65 then 1.3160/65 then 1.3205/10
Gbp/Usd Buy at 1.5625/30 then 1.5605/10 then 1.5560/65, sell at 1.5735/40 then 1.5760/65 then 1.5800/05
Medium Term Daily Analysis:
Usd/Chf This pair is still on downtrend basis with sideways movement, retracement at 0.9385/95, break is to our short term sell signals while on the downside toward good support at 0.9300/05 then to our short term buy signals
Usd/Jpy This pair is still moving sideways, above 78.05 is to target high at 78.20/25 then powering the trend to the other short term sell signals, while below 78.05 is to target 77.95/00 then to the other short term buy signals. This pair is moving with too low volatility and short daily range which is only appropriate for scalping trading.
Euro/Usd This pair is still on downtrend, retracement at 1.3055/60, break is to our short term sell signals while on the downside toward our short term buy signals
Gbp/Usd This pair is still on uptrend, retracement at 1.5650/60, break is to our short term buy signals while on the upside toward our short term sell signals with good sell at 1.5760/65 strong resistance
Usd/Cad This pair is still on downtrend, retracement at 1.0245/50, break is to 1.0270/75 then 1.0305/10 then 1.0330/35, while on the downside toward 1.0160/65 then 1.0145/50 and posssibly 1.0090/95
Nzd/Usd This pair is still on uptrend, retracement at 0.7680/90, break is to 0.7665/70 then 0.7630/35 then 0.7600/05, while on the upside toward good resistance at 0.7775/85 then 0.7800/05 then 0.7855/60
Euro/Chf This pair still on downtrend, retracement at 1.2215/20, break is to 1.2245/50 then 1.2260/65 then 1.2275/80, while on the downside toward 1.2185/90 then 1.2175/80 then low at 1.2145/55
Gbp/Chf This pair is still on uptrend, retracement at 1.4640/45, break is to 1.4620/25 then 1.4595/00 then 1.4555/60 and possibly 1.4500/05, while on the upside toward 1.4750/55 then 1.4790/95 then possibly 1.4845/50
Euro/Gbp This pair is still on downtrend, retracement at 0.8335/40, break is to 0.8350/55 then 0.8365/70 then 0.8385/90, while on the downside toward 0.8295/00 then 0.8280/85 then 0.8260/65
Aud/Usd This pair is still on uptrend, retracement at 1.0090/00, break is to 1.0055/60 then 1.0020/25 and possibly 0.9985/90, while on the upside toward 1.0175/80 good resistance then above would target 1.0195/00 then 1.0250/55
Euro/Jpy This pair is trying to base on uptrend, above retracement at 101.75/85, break is to 101.55/60 then 101.35/40 and possibly 101.05/10, while on the upside toward 102.40/45 then 102.65/70 then 102.95/00
Gbp/Jpy This pair is still on uptrend, retracement at 122.10/20, break is to 121.90/95 then to 121.65/70, while on the upside would face good resistance at 122.65/70, a base above would power the trend toward 122.85/90 then 123.05/10 then 123.30/35
Gold is still on downtrend, retracement at 1607/08, break is to 1619/20 then 1625/26 then 1634/35, while on the downside toward 1593/94 then 1587/88 then 1577/78
Oil is still on uptrend, retracement at 98.35/40 break is to 97.75/80 then 97.05/10, while on the upside toward 100.40/45 then 100.85/90 then 101.70/75
We have Important News Releases Today for the Canadian Dollar & Dollar Currencies:
-
CAD GDP: Buy Usd/Cad if -0.1% or worse, while sell if 0.3% or above
-
US Core Durable Goods Orders: Buy Usd/Chf & Usd/Jpy if 0.7% or above, while Buy Euro/Usd & Gbp/Usd if 0.3% or below
-
US New Home Sales: Buy Usd/Chf & Usd/Jpy if 320K or above, while Buy Euro/Usd & Gbp/Usd if below 300K
Have A Great Trading Day
***Have A Very Great Merry Christmas with Special Greetings from me, Wishing you Happy Wonderful Holidays and may it bring to you Great Moments of Joy & Success being with your beloved ones
Yes, Unfortunately didn’t know why our friend stopped posting his Great Daily Results. He really understood my strategies especially the Medium Term and was Gaining Big Daily Money mostly trading at retracement or swing trading if some like to name it as that.
Hopefully you understood both strategies well and tried trading them at a demo account first.
SL for Short term signals is 30 preferable to 50 pips max. while for Medium Term bt. 50-100 pips with TP bt. 10-30 and above(as compatible with the Medium Term Analysis as low & high because Short Term strategy is bounce trading), while TP for Medium Term starts at 50 and goes up to 100 then 150 pips… as long as trend lasts if you are riding the trend not swing trading at retracement that can also gain up to 150 in a single day according to trend movement if Powerful.
Great to hear that. Looking to you sharing the results with other traders here.
Hi Eric, I am happy for you Gaining Consistent Big Money using my signals, and sharing your results would be more helpful for others despite that it might be mostly useful for the short term signals because you use scalping trading as you mentioned.
Keep The Good Work
My Daily Signals & Analysis post is valid or get posted after a daily candle or market open(for start of new week) by around 1-2 hours. So it’s easy to check what’s that time at any broker you use by asking your broker or simply looking at time of a new daily candle open on your charts.
By this, You are ready to trade any session/s you like from Tokyo till NewYork since the signals and analysis are for the whole day- all sessions since I provide you with full info before any session start its trading.
Good Luck
It’s Best if you wake up early or in other meaning at time I post my daily signals and analysis info to be ready from early hours and set your entry targets or at least draw a conclusion where the market price is currently and to where it might be heading compared to my post info, because sometimes at start of a daily candle it would be Great to directly enter a trade especially if a pair/s is coincidentally holding at or near retracement or low or high which mostly happen with Aussie and Kiwi nit ofcourse not a basic to always happen with just those pairs but maybe mostly with both because its session is the nearest among other currencies.
Hello Traders,
A quick look at some Great Achievements from the past 2 days:
For the 21st December 2011: Short Term Signals: We marked the low of Usd/Chf at 0.9240/45 and the high of Gbp/Usd at 1.5770/75 meaning buy for the first and sell for the second, both were for above 100 pips gain each since they were compatible with the Medium Term analysis but mainly this strategy TP is bt. 10-30 & 30 SL if we want to talk about the long run profitability with less risk despite that we can many times find big pips gain opportunities as the above examples.
For the 22nd December 2011: Medium Term Daily Analysis: We marked the retracement for Aud/Usd, Nzd/Usd, Euro/Gbp
Remember that entries for both said strategies examples were very very accurate as usual as much as milking the last pip, meaning you enter the market with a buy or sell order and gain starts in your account as you can check and see history of the above examples.
Ofcourse, when you go more deeply reading the daily forex signals and analysis you’ll see many many Great opportunities as breakouts, low and high that all can be also traded with high profitability especially when you understand both strategies well.
Any Suggestions, Opinions, & Questions are Well Welcome.
Best Regards,
ForexMoneyMaker
Hello Traders,
Forex Signals & Analysis for 23rd December 2011:
Short Term Signals:
Usd/Chf Buy at 0.9290/95 then 0.9260/65 then 0.9215/20, sell at 0.9420/25 then 0.9445/50 then 0.9495/00
Usd/Jpy Buy at 77.95/00 then 77.90/95 then 77.80/85, sell at 78.25/30 then 78.30/35 then 78.40/45
Euro/Usd Buy at 1.2985/90 then 1.2955/60 then 1.2900/05, sell at 1.3125/30 then 1.3160/65 then 1.3160/65 then 1.3205/10
Gbp/Usd Buy at 1.5625/30 then 1.5605/10 then 1.5560/65, sell at 1.5735/40 then 1.5760/65 then 1.5800/05
Medium Term Daily Analysis:
Usd/Chf This pair is still on downtrend basis with sideways movement, retracement at 0.9385/95, break is to our short term sell signals while on the downside toward good support at 0.9300/05 then to our short term buy signals
Usd/Jpy This pair is still moving sideways, above 78.05 is to target high at 78.20/25 then powering the trend to the other short term sell signals, while below 78.05 is to target 77.95/00 then to the other short term buy signals. This pair is moving with too low volatility and short daily range which is only appropriate for scalping trading.
Euro/Usd This pair is still on downtrend, retracement at 1.3055/60, break is to our short term sell signals while on the downside toward our short term buy signals
Gbp/Usd This pair is still on uptrend, retracement at 1.5650/60, break is to our short term buy signals while on the upside toward our short term sell signals with good sell at 1.5760/65 strong resistance
Usd/Cad This pair is still on downtrend, retracement at 1.0245/50, break is to 1.0270/75 then 1.0305/10 then 1.0330/35, while on the downside toward 1.0160/65 then 1.0145/50 and posssibly 1.0090/95
Nzd/Usd This pair is still on uptrend, retracement at 0.7680/90, break is to 0.7665/70 then 0.7630/35 then 0.7600/05, while on the upside toward good resistance at 0.7775/85 then 0.7800/05 then 0.7855/60
Euro/Chf This pair still on downtrend, retracement at 1.2215/20, break is to 1.2245/50 then 1.2260/65 then 1.2275/80, while on the downside toward 1.2185/90 then 1.2175/80 then low at 1.2145/55
Gbp/Chf This pair is still on uptrend, retracement at 1.4640/45, break is to 1.4620/25 then 1.4595/00 then 1.4555/60 and possibly 1.4500/05, while on the upside toward 1.4750/55 then 1.4790/95 then possibly 1.4845/50
Euro/Gbp This pair is still on downtrend, retracement at 0.8335/40, break is to 0.8350/55 then 0.8365/70 then 0.8385/90, while on the downside toward 0.8295/00 then 0.8280/85 then 0.8260/65
Aud/Usd This pair is still on uptrend, retracement at 1.0090/00, break is to 1.0055/60 then 1.0020/25 and possibly 0.9985/90, while on the upside toward 1.0175/80 good resistance then above would target 1.0195/00 then 1.0250/55
Euro/Jpy This pair is trying to base on uptrend, above retracement at 101.75/85, break is to 101.55/60 then 101.35/40 and possibly 101.05/10, while on the upside toward 102.40/45 then 102.65/70 then 102.95/00
Gbp/Jpy This pair is still on uptrend, retracement at 122.10/20, break is to 121.90/95 then to 121.65/70, while on the upside would face good resistance at 122.65/70, a base above would power the trend toward 122.85/90 then 123.05/10 then 123.30/35
Gold is still on downtrend, retracement at 1607/08, break is to 1619/20 then 1625/26 then 1634/35, while on the downside toward 1593/94 then 1587/88 then 1577/78
Oil is still on uptrend, retracement at 98.35/40 break is to 97.75/80 then 97.05/10, while on the upside toward 100.40/45 then 100.85/90 then 101.70/75
We have Important News Releases Today for the Canadian Dollar & Dollar Currencies:
-
CAD GDP: Buy Usd/Cad if -0.1% or worse, while sell if 0.3% or above
-
US Core Durable Goods Orders: Buy Usd/Chf & Usd/Jpy if 0.7% or above, while Buy Euro/Usd & Gbp/Usd if 0.3% or below
-
US New Home Sales: Buy Usd/Chf & Usd/Jpy if 320K or above, while Buy Euro/Usd & Gbp/Usd if below 300K
Have A Great Trading Day
***Have A Very Great Merry Christmas with Special Greetings from me, Wishing you Happy Wonderful Holidays and may it bring to you Great Moments of Joy & Success being with your beloved ones
Dear FMM and team
Firstly, thank you so much for starting this thread and sharing your signals. As a newbie, I am still getting to grips with your strategy. I have taken your advice and decided to trade just one currency on a demo account. Looking at Cable on a 5 minute chart, price has dropped through the 15625/15630 BUY zone and is dropping further - What happens now? As I write, price has continued to the 2nd BUY zone at 15605/10. At what point should I should I LONG these trades? Apologies for being a little thick - any advice would be most appreciated.
Warm regards Ez
Me, too, I really need some advice on how to trade these signals. I totally destroyed my account with a GBP/USD long trade that was bouncing up and down along the 1.5650/60 retracement line. Then when US Core durable good orders came in worse than expected I thought USD would go up. In fact it went up a little, but then down.
However, I still don’t see a clear upward trend as said in the medium term signal. As far as I can see on my chart the only real upward movement was on 20th, since then this pair was bouncing up and down without a clear direction.
So if I understand this signal correctly, one should have gone short when breaking the resistance line @ 1.5650 which until now would have been good for a profit of +40 pips.