Forex Buy & Sell Trading Signals

Hello Traders,

Forex signals for the 22nd of April 2011:

Euro/Usd sell 1.4655/60 then 1.4710/15 then 1.4770/75, buy 1.4460/65 then 1.4420/25 then 1.4340/45

Gbp/Usd sell 1.6695/00 then 1.6650/55 then 1.6715/20, buy 1.6360/65 then 1.6285/90

Usd/Chf buy 0.8770/75 then 0.8730, sell 0.8925/30 then 0.8955/60 then 0.9020/25

Usd/Jpy buy 81.25/30 then 81.00/05, sell 82.60/65 then 82.95/00

Usd/Cad buy 0.9455/60, sell 0.9570/75 then 0.9590

Euro/Jpy buy 118.10/15, sell 120.35/40

Gbp/Jpy sell 136.10/15, buy 134.35/40

Gbp/Chf buy 1.4545/50, sell 1.4685/90 then 1.4710/15

Euro/Chf sell 1.2995/00 then 1.3045/50, buy 1.2775/80

Euro/Gbp sell 0.8880/85, buy 0.8750/55

Aud/Usd sell 1.0795/00, buy 1.0670/75

Nzd/Usd sell 0.8055/60 then 0.8080/85, buy 0.7940/45

Medium Term Strategy:

Euro/Usd this pair still on uptrend, must move bt. high at 1.4640/50 and retracement is at 1.4500/05 break here is to 1.4440/50 then break is to 1.4330/40

Gbp/Usd this pair still on uptrend, must move today bt. 1.6560/70 and retracement at 1.6440/50, break here is to 1.6330/35

Usd/Chf this pair still on downtrend, only break of 0.8890/00 would take it up again to 0.8940 then break is to 0.9000 while below is to 0.8790

Usd/Jpy this pair still on downtrend, only break of 82.20/30 is to 83.00 then break is to 83.40 while below is 81.20/30

Aud/Usd this pair still on uptrend, retracement is at 1.0670/75 then 1.0570/80 while high must be its current high price for today at 1.0755/60

Nzd/Usd this pair srtill on uptrend, must move bt. high at 0.81000 and retracement at 0.7970/80 then break is to 0.7920/30

Usd/Cad this pair srtill on downtrend, must move bt. low at 0.9480 while only break of 0.9540 is to 0.9580 then beak is to 0.9620

Euro/Chf this pair moving sideways after it reversed from 2 days, today must move bt. break of 1.2920 is to 1.2990/00 while break of 1.2890 is to 1.2800 then 1.2760/70

Gbp/Chf this pair moving sideways after it reversed from 3 past days, today looking to base on 1.4620 low to go to high at 1.4740, while break of said support is to 1.4540/50

Euro/Gbp this pair moving sideways after reversal from 2 days, must move today bt. low at 0.8780 break is to 0.8730/40 and high at 0.8830/40 break is to 0.8875/80

Euro/Jpy this pair moving sideways after reversal from 3 days, today must move bt. high at 119.90/00 if breaks 119.60 then to 120.40 while low is to 118.60 then 118.20

Gbp/Jpy this pair moving sideways after reversal from 2 days, today lookig to base below 135.70/80 but also above 134.80, break here might target 133.70./0 while break of said high might target 137.00

Be Aware market would move slowly today with lower prcie range & higher spread due to holidays( banks, investing companies, ā€¦ are close), and our targets might not be hit easily for both short and medium term strategies but weā€™re as always ready for any possibility that might occur in market action.

Have A Great Trading Day

Happy Easter for everyone especially Christians.

Hello Traders,

Forex Signals for the 25th of April 2011:

Euro/Usd sell 1.4615 then 1.4640/45, buy 1.4500/05 then 1.4475/80

Gbp/Usd buy 1.6470/75 then 1.6455/60 then 1.6410/15, sell 1.6565/70 then 1.6590/95 then 1.6615/20

Usd/Chf buy 0.8820/25 then 0.8805/10, sell 0.8890/95 then 0.8910

Usd/Jpy sell 82.50/55, buy 81.55/60 then 81.40 then 81.20

Euro/Jpy sell 120.15 then 120.55/60, buy 118.60 then 118.30/35 then 117.85/90

Gbp/Jpy sell 136.15/20 then 136.60, buy 134.50/55 then 134.20/25 then 133.70

Usd/Cad buy 0.9495/00, sell 0.9555/60 then 0.9575/80

Nzd/Usd buy 0.7980 then 0.7960, sell 0/8050/55 then 0.8070/75

Aud/Usd sell 1.0785/90, buy 1.0695/00 then 1.0675/80

Gbp/Chf buy 1.4575/80 then 1.4555/60 then 1.4510/15, sell 1.4675/80 then 1.4705/10 then 1.4740

Euro/Gbp sell 0.8850/55 then 0.8865/70, buy 0.8790/95 then 0.8780 then 0.8760/65

Euro/Chf sell 1.2935/40 then 1.2955/60 then 1.2985/90, buy 1.2860 then 1.2840/45 then 1.2815/20

Medium Term Strategy:

Usd/Jpy This pair is trying to go out of its shell of 10 past days in downtrend, only a break of 82.75 would confirm it to 83.40/45, while low is at 81.30

Aud/Usd This pair still on uptrend, today must move bt. high at 1.0785/90 and break of 1.0700 is to 1.0600 then 1.0500 if thereā€™s enough sell power to go here

Gbp/Usd This pair still on uptrend, today must move bt. 1.6580/90 high(filtering below 1.6600) and low at 1.6470/80 only break here is change of direction to 1.6370/80

Nzd/Usd This pair still on uptrend, today must move bt. high at 0.8100/10 and break of 0.7990 is to 0.7940/45 then 0.7820/25 if thereā€™s enough volatility and sell power to go here

Usd/Cad This pair couldnā€™t come out of its shell, and today moving bt. low at 0.9480/85 and only break of 0.9535.40 is to 0.9575/80 and change of direction to continue to around 0.9600/10

Usd/Chf This pair is still on downtrend, today must move bt. low at 0.8760/65 and only break of 0.8875/80 is to 0.8920 then up to 0.9000 confirming change in direction then break is to 0.9040/50 might not come today but tommorow due to price range but we are always readyā€¦

Euro/Usd This pair is still on uptrend, today must move bt. high at 1.4655/60 while break of low at 1.4520 is to 1.4455/60 then break here is to as low as 1.4360 if thereā€™s enough volatility and sell power

Euro/Chf This pair moving sideways from many days, today might be the turning point either up or down trend due to being squeezed in small area bt. support and resistance to decide whoā€™ll win bulls or bears, meaning high at 1.2990/00 or low at 1.2800 break is to 1.2760/70

Gbp/Chf The same can be said for this pair, today must move bt. 1.4730/40 high and low is at 1.4540 break is to 1.4510/15 then as low as 1.4420ā€¦

Gbp/Jpy Also this pair is in same position, basing above 136.00 is to 137.00 break is to 138.00 while below 134.60/70 then 133.75

Euro/Jpy Add this pair to the previous situations, basing above 120.00 is to 121.00 then 121.40/50 while below is 118.20/30

Euro/Gbp This pair moving sideways, basing above 0.8830 is to 0.8890/00 while below is 0.8780 then break is to 0.8730/40

Many pairs might decide direction today so keep focusing for a possible breakout to the up or down side while others if kept moving sideways price range would more squeeze and breakout would occur by tommorowā€¦

Gold must move bt. high at 1525 while break of 1505 is to 1500 break here is targeting 1488/90

Oil must move bt. high at 113.70/80(filtering below 114.00 while below is at 111.00/20, break here is to 109.50/60

We have an Important news release today:

  • US New Home Sales: Buy Usd/Chf, Usd/Jpy, sell Euro/Usd if 320K or above while vice versa if 240K or below

Have A Great Trading Day

Hello Traders,

Forex Signals for the 26th of April 2011:

Euro/Usd Buy 1.4470/75 then 1.4420/25, sell 1.4645/50 then 1.4680 then 1.4730/35

Gbp/Usd buy 1.6420 then 1.6370/75, sell 1.6555/60 then 1.6590/95 then 1.6625/30

Usd/Chf buy 0.8745/50 then 0.8715/20 then 0.8660, sell 0.8885/90 then 0.8920/25 then 0.8965/70

Usd/Jpy buy 81.35/40 then 81.20 then 80.70/75, sell 82.40/45 then 82.70/75 then 83.00/05

Euro/Jpy buy 117.90, sell 120.05/10

Gbp/Jpy buy 133.95/00 then 133.20/25, sell 135.90/95

Usd/cad buy 0.9495/00 then 0.9475 then 0.9450, sell 0.9575/80 then 0.9590/95 then 0.9625/30

Aud/Usd buy 1.0635 then 1.0585/90, sell 1.0785/90 then 1.0815/20

Nzd/Usd buy 0.7950/55 then 0.7935/40 then 0.7900/05, sell 0.8035/40 then 0.8060/65 then 0.8090

Euro/Gbp buy 0.8795/00 then 0.8775/80 then 0.8750/55, sell 0.8865/70 then 0.8880/85 then 0.8910/15

Euro/Chf buy 1.2790/95 then 1.2765/70 then 1.2710/15, sell 1.2915/20 then 1.2950/55 then 1.2990/95

Gbp/Chf buy 1.4450/55 then 1.4415/20 then 1.4335/40, sell 1.4640/45 then 1.4695/00 then 1.4750/55

Medium Term Strategy:

Euro/Usd This pair still on the uptrend but on the glimpse to change this situation if bases below 1.4500 to 1.4460/70 then low at 1.4380/85 below here might extend weakness to 1.4320/30,
while above is to 1.4660/70

Gbp/Usd This pair have the same situation, basing below 1.6450 is to 1.6390 then 1.6300/10 while high is at 1.6580/90

Usd/Chf This pair still on downtrend, looking to break 0.8850 to go to 0.8900 then 0.9000 while low is at 0.8730/40

Usd/Jpy Same for this pair, looking to break 82.00 to go to 82.50/60 then 83.30/40 while low is at 81.10

Aud/Usd this pair looking to base below 1.0670 to go to 1.0620, break is to 1.0510/20 while high is at 1.0790/00

Nzd/Usd only a break of 0.7960 might change this pair uptrend to target 0.7840/50 while high is at 0.8100/10

Usd/Cad moving sideways, today must move bt. break of 0.9570 to 0.9600 then high at 0.9680/90 while low is at 0.9480/90

Euro/Gbp moving sideways, high is at 0.8900 while low is at 0.8730/40

Euro/Chf moving sideways with downside possibility to 1.2730/40 while only base above 1.2900 is to 1.2990/00

Gbp/Chf same for this pair, looking to go to 1.4380/90 then break is to 1.4440/50 while only break of 1.4600 is to 1.4700/20

Euro/Jpy this pair also in same situation, would move bt.low at 116.70/80 and high at 119.90/00 only break here is to target recent highs at 120.40 then 121.40/50

Gbp/Jpy Add this pair to the collection, moving sideways with downside potential to 132.30/40 and high is at 135/90/00, only break is to target 137.00 chnaging direction

We have an Important news release for Aussie traders:

  • AUD CPI: sell Aud/Usd if below 1% while buy if 1.4% or above

Have A Great Trading Day

Hello Traders,

Forex Signals for the 27th of April 2011:

Euro/Usd sell 1.4760/65 then 1.4865/70, buy 1.4500/05 then 1.4430/35 then 1.4375

Gbp/Usd sell 1.6545/50 then 1.6580/85 then 1.6630/35, buy 1.6410 then 1.6375/80 then 1.6325/30

Usd/Chf buy 0.8600/05, sell 0.8845/50 then 0.8890/95 then 0.8930

Usd/Jpy buy 81.15/20 then 80.85/90, sell 81.95/00 then 82.15/20 then 82.35/40

Medium Term Strategy:

I like to share with you traders an opinion & some probabilities about whatā€™s going on with the Chf pairs.
When will the Fed decide to change its policy?, will recent historic lows fasten that from coming june to a much more near date?, might there be an intervention for the Usd/chf,
besides what will be the ECB & BOE actions about historic lows for the Euro/chf & Gbp/chf, would they intervene as what happened with the yen pairs?!!!
If no action is made by all but instead some kids are kept selling these pairs every now and then when they dream & wake up that thereā€™s new or postpone of conflict in the middleeast and north africa, just as selling on yen pairs happened when any news about earthquakesā€¦ are heard, will this be the new strategy in Forex to decide in what direction pairs would be moving(that will be insane if this becomes a basic),
will the CHf currency become the new ruling currencyā€¦LOL, in the name of "Safe Heaven"
Big Dangerous Questions are asked and answers might be in the coming days of this weekā€¦

Take Note that this personnel opinion have nothing to do with or effect our trading strategies where weā€™re always ready for anything the market would offer usā€¦

Euro/Usd this pair still on uptrend after reversal from low price occured yesterday, today must move bt. high at 1.4720 above would extend gains, while low is at 1.4600/10 break is to 1.4500/05 then 1.4410/20 must hold for this day

Gbp/Usd this pair still on uptrend after reversal from yesterday low price, would move bt. high at 1.6600 and only base below 1.6480 is to 1.6410/20 then break is to 1.6330/40.

Usd/Chf this pair still on downtrend, I believe this pair must had made its low price for today at 0.8670 while above is to 0.8780/90 then 0.8860/70

Euro/Chf same for this pair but might have potential to make a low at 1.2710/20 if goes down again while break of 1.2830 is to 1.2860 then as high as 1.2970/80

Gbp/Chf this pair is also in same situation, break of 1.4470/80 is to 1.4550/60 then 1.4690/00 must holdā€¦

Usd/Jpy this pair still on downtrend but movement is tightening, break above 81.80 is to 82.30 then break is to high at 83.30/40 while low is 80.90

Gbp/Jpy this pair in same situation, low at 132.60 while above 135.00 is to 136.00 then break is to extend gains

Euro/Jpy also this pair is tightening for a near boost, low is at 117.20/30 while break of 120.00 might extend gains targeting 122.00 if euro currency keeps powering

Euro/Gbp this pair still on uptrend, must move bt. high at 0.8920 and low is at 0.8860 break is to 0.8820/25

Usd/Cad this pair still on downtrend, must move bt. low 0.9470, below is extending weakness, while above is 0.9520 break is to 0.9550/60 then 0.9580/90

Aud/Usd this pair is still on uptrend, high is at 1.0850/60 while low is at 1.0750 break is to 1.0660/70

Nzd/Usd this pair still on uptrend after reversing from yesterday low, high is at 0.8140/50 while low is at 0.8030 break is to 0.7980/85 then break is to as low as 0.7860/70

Gold must move lower, but high is at 1530 while break of 1505 is to 1500 then break is to as low as 1475

Oil is basing above 111 to go to 113.90/00 while below said support is to target 110.00/30 then break is to 109.30/40

We have 2 Important News for today:

  • UK Revised GDP: Buy Gbp/Usd if 0.7% or above while sell if 0.3% or below(Very Crucial news release for sterling pairs).

  • US FOMC Rate Decision: Bernanke talks would have big influence on the dollar currency in late today hours more than rate decision, so keep your ears on for any surprise positive news from Bernanke(which is rare to happenā€¦lol), possible hints about change of policy might boost the dollar pairs especially Usd/Chf, Usd/Jpy that are on historic lows & have much more space to spike up, while continuation of his previous defending policy talks with no new to say would continue the selling of the dollar currency.

Have A Great Trading Day

Hello Traders,

Forex Signals for the 28th of April 2011:

Usd/Chf Buy 0.8630/35 then 0.8580/85, sell 0.8860 then 0.8915/20 then 0.8990/95

Euro/Usd sell 1.4900 then 1.4995/00, buy 1.4640/45 then 1.4575/80

Usd/Jpy Buy 81.00/05 then 80.50/55, sell 83.10/15 then 83.60/65

Gbp/Usd sell 1.6765/70 then 1.6795/00 then 1.6895/00, buy 1.6630/35 then 1.6560/65 then 1.6445/50

Medium Term Strategy:

Usd/Chf this pair still on downtrend after reversal from Fedā€™s boring bad statement, nothing new even if there was assureness about finishing the program in june(which was expected, opposite info was had been a surprise or disaster too), Bernanke with same talks and approving again that low rates ill be kept for sometime damaged the dollar completelyā€¦
Today must move bt. low at 0.8630/40 and retracement is near current today high at 0.8760/70 break is to 0.8840/50 then 0.8970/80 if something important hits the market and powers the dollar.

Gbp/Usd this pair still on uptrend, high is at 1.6830/40(good sell for medium term at least), while retracement is at 1.6580/90 while break is to 1.6460/70 if thereā€™s any powerful newsā€¦

Usd/Jpy this pair still on downtrend, low is at 80.80/85 while only break of 82.20 is to 83.20/30

Euro/Usd this pair still on uptrend which must hold below 1.5000 today if it succeeds to pass resistance at 1.49000 at firstā€¦ while low is at 1.4710/15 break is to 1.4550 only if any crucial news hit the marketā€¦

Euro/Chf this pair is looking to base above 1.2900 to start an uptrend to 1.2975/80 and only break of 1.3000 would confirm it to 1.30/40/50 then 1.3090/00 while low is at 1.2890 break would extend weakness

Euro/Jpy this pair looking to base on uptrend but retracement is possible at 120.50/60(good buy here) while only break will lead to 119.50/60 while high is at 123.00

Gbp/Chf this pair is looking to break above 1.4570 to confirm at start of uptrend to 1.4690/00, while low is at 1.4520/30 break is extending weakness and changing our upside viewā€¦

Gbp/Jpy this pair looking to base above 136.00 to go to 137.00 then break is to as high as 138.40/50 while low is at 135.80(possible retracement) break is to 135.20/30

Euro/Gbp this pair on uptrend, must move bt. 0.8920/30 high and retracement is at 0.8860/70 break is to 0.8830/35

Usd/Cad this pair still on downtrend, must move bt. low at 0.9450/55 while high is at 0.9510 break is to 0.9540 then 0.9570/80

Aud/Usd this pair still on powerful uptrend, high is near 1.10000(perfect sell at this price for medium or even long term), while low is at 1.0820/30 break is to 1.0710/20

Nzd/Usd this pair still on uptrend despite retracement but reversed again to the upside, high is at 0.8140/50 while only below 0.8000 is to as low as 0.7880/90

Gold still moving above and hit our said resistance yesterday(1530) after hitting support, today must move bt, high at around 1538 and below 1540 while retracement is at 1515/17 break is to 1505

Oil Also filtered below said resistance yesterday(114.00), today moving bt. high at 114.00/20 and retracement is at 112.20/40 then 110.00 then 109.80/90

We are having big achievements(on daily basis) for both short and medium term strategies but I have no time to start calculating the pips gained for each pair neither am I the type of person to do that, my signals talk about themselves & I am happy for many traders using them with high success, gaining big money on daily basis, but again no need to use all pairs signals at a time for Money Management & such protecting account reasonsā€¦( open orders at 0.01 for 100$, 0.05$ for 500$, 0.1 lot for 1000$, 0.2 for 2000$, 0.5 for 5000$, 1 lot for 10000, 2 lot 20000$, 10 lot for 100000$ and so onā€¦), and please follow my strategy rules(found in first posts & reminded in others too) and play it safeā€¦

We have an Important news release today for the dollar currency:

  • U.S. Advance GDP: Buy Usd/Chf & Usd/Jpy if 2.1% or more while Buy Euro/usd if 1.7% or less, and vice versaā€¦

Have A Great Trading Day

Hello Traders,

Forex Signals for the 29th of April 2011:

Euro/Usd Buy 1.4745/50 then 1.4705/10 then 1.4650/55, sell 1.4895/00 then 1.4935/40 then 1.4990/95

Gbp/Usd Buy 1.6565/70 then 1.6540 then 1.6460, sell 1.6750/45 then 1.6790/95 then 1.6835/40

Usd/chf Buy 0.8680 then 0.8650/55 then 0.8620/25, sell 0.8775/80 then 0.8800 then 0.8840

Usd/Jpy Buy 81.05/10 then 80.85 then 80.30, sell 82.25/30 then 82.60 then 82.90/95

Medium Term Strategy:

Euro/Usd This pair still on uptrend, looking to base below 1.4850 while if bases above would go to 1.4990/95 as maximum high(good sell), retracement is at 1.4750/55 break is to as low as 1.4580/90

Gbp/Usd This pair still on uptrend, basing below 1.6670 while if bases above would go to maximum high at 1.6835/40(good sell), retracement is at 1.66000 break is to as low as 1.6480/90

Usd/Jpy This pair still on downtrend but moving sideways on that area from few days, low is at 80.50/60 while break of 82.00 is probably to high at 83.10/20

Usd/Chf This pair still on downtrend, low is at 0.8630 while break of 0.8760 would free this pair to possibly 0.8830/40 then break is to high at 0.8950

Euro/Chf This pair based on uptrend but failed to break above 1.3000, today would move bt. said resistance only break would lead to 1.3045/50 then 1.3095/00 while below 1.2915 is to 1.2880 then break is to extend weakness

Gbp/Chf This pair moving sideways after failed to break 1.4570, today must move bt. 1.4675/80 only if breaks said resistance, while weaknesss would extend below 1.4500

Euro/Jpy This pair still basing on uptrend, retraced yesterday to said support and today basing above it(120.40/60) to go to 121.80/90 then break would open the doors to 123.00, low is at 119.60 if breaks said support

Gbp/Jpy This pair moving sideways, bt. resistance 136.30 break is to 137.00, and below 135.60 is to 135.20 then break is to 134.00 and possibly 133.20 if thereā€™s selling power

Euro/Gbp This pair still on uptrend, would move bt. high at 0.8930/40 and retracement at 0.8880/90 break is to 0.8840/50

Usd/Cad This pair is moving sideways but still on downtrend, low is at 0.9470 while above 0.9540 is to 0.9570/75 break here might extend gains to 0.9660/70

Aud/Usd This pair still on uptrend, high is at 1.0955/60 if breaks would filter below 1.10000(good sell), retracement is at 1.0850/60 break is to 1.0740/50

Nzd/Usd This pair still on uptrend, but below 0.8000 would risk it to 0.7900 while high is at 0.8140/50

Gold retraced after hitting yesterday said resistance at 1538, today must move bt. high at 1543/45, retracement is at 1525 break is to 1510/11

Oil also retraced from yesterday said resistance at 114.00, today must move bt. high at 114.00/20 but break of 112 is appearing in the picture to go to 111 break is to 110

We have an Important news release for the Canadian dollar today:

  • CAD GDP: Buy Usd/Cad if -0.1 or lower while sell if 0.1% or higher

Have A Great Trading Day

Forex Signals for the 2nd of May 2011:

Short Term Strategy:

Usd/Chf sell 0.8745/50 then 0.8795/00 then 0.8845/50, buy 0.8580/85 then 0.8550 then 0.8475/80

Usd/Jpy sell 81.90/95 then 82.15/20, buy 80.80/85 then 80.65/70 then 80.30

Gbp/Usd buy 1.6620/25 then 1.6580/85 then 1.6545/50, sell 1.6755/60 then 1.6780/85 then 1.6840/45

Euro/Usd buy 1.4750/55 then 1.4700/05, sell 1.4870/75 then 1.4900/05 then 1.4930/35

Medium Term strategy:

Usd/Chf This pair is still on downtrend, had an upward movement today morning after US President Obama announced the Death of Ousama Bin Laden, but it is now holding near retracement that is around 0.8700/10, only break here might lead to 0.8800 then break might probably lead to 0.8920,
ofcourse such wide price of range isnā€™t hard for this pair when the dollar powers spikes can continue especially attached to crucial news coming up, low is at 0.8590/00, will this important news be a push for this pair to the upside?, but maybe another news like Khadafi death(I am not a criminal who loves death & bloodā€¦lol, but simply this is the situation) would quickly weaken the Chf, powering all currencies against it and only settlement of conflicts in the middleeast and libya would free up this pairā€¦

Usd/Jpy This pair is in the same situation, only a break above 82.00(must break to 81.85/90 first) would lead to 83.00, low is at 80.30/35

Euro/Usd This pair is holding now on retracement at 1.4760, only break and base below here would be the turning point just as the opposite for the above 2 pairs, leading to 1,4630/40 then probably to 1.4510 if breaks the latter, high is at 1.4870

Gbp/Usd The same is said for this pair, break of retracement at 1.6640 is to 1.6530/35 then probably 1.6420/25 with powerful sellingā€¦

Euro/Chf This pair moving sideways, retracement is at 1.2860 break is must hold at 1.2940/50 for today while low is at 1.2700/10

Gbp/Chf This pair moving sideways, break above 1.4490/00 is to 1.4540/50 then 1.4650 must hold for today while low is at 1.4280/90

Euro/Jpy This pair moving sideways, high is at 123.00 while break of 119.80 is to 117.80

Gbp/Jpy This pair moving sideways, break below 135.20/30 might probably lead to 134.00 while high is at 136.20/30 break is to 137.00

Euro/Gbp This pair moving on the uptrend, looking to target high at 0.8930/40, below 0.8850 is to 0.8830 then 0.8800

Usd/cad this pair went to retracement at 0.9490 break would lead to 0.9510/15 then 0.9555/60 holding below 0.9600(unless surprise news is released), low is at 0.9440( most probable will not retest)

Aud/Usd This pair still on uptrend, hopefully you sold this pair near 1.1000 as I suggested in many past days, today made both high at 1.1000 and retracement at 1.0920( might also try 1.0900/05 before break if occurs), only break is to 1.0790/00

Nzd/Usd This pair still on uptrend retraced for today to 0.8025( can try 0.80000 before break if occurs), only break is to 0.7920/30

Gold made a new historic high at 1576.50 and retraced to 1540, break might lead to 1520 while weā€™ll not target new highs for today

Oil would move bt. high at 114.70/80 and low is at 111.50/60 break is to 110.30/40

Briefly, Today is a very crucial day especially that it is the start of a new month(May), many pairs are on the glimpse of a turning point or if retracement hold, trend might continue but keep close look and focusing at possible breakoutsā€¦

We have an Important News Release for today:

  • US ISM Manufacturing PMI: Buy usd/chf & Usd/Jpy if 62 or above while buy Euro/Usd if 58 or below & vice versa for the sell

Have A Great Trading Day

Hello Traders,

Forex Signals for the 4th of May 2011:

Short Term Stratgey:

Usd/Chf sell 0.8675/80 then 0.8705/10 then 0.8735/40, buy 0.8565/70 then 0.8545/50 then 0.8500/05

Euro/Usd buy 1.4730 then 1.4785/90 then 1.4620, sell 1.4915/20 then 1.4960 then 1.4995/00

Usd/Jpy buy 80.55 then 80.35/40 then 80.05/10, sell 81.30/65 then 81.50/55 then 81.80/85

Gbp/Usd sell 1.6655/60 then 1.6735/40, buy 1.6380/85 then 1.6335/40 then 1.6210/15

Medium Term strategy:

Usd/Chf This pair still on downtrend, only break of 0.8655/60 would lead to 0.8730/40 break here is to high at 0.8860, low is at 0.8550

Euro/Usd This pair is still on uptrend but basing below 1.4800 would lead to 1.4720 then break is to as low as 1.4560/70 while high is at 1.4940/50

Usd/Jpy This pair still on downtrend, only break of 81.20 is to 81.50 then break here is to 82.50/60 high, while low is at 80.00/10

Gbp/Usd This pair is starting a downtrend movement, retracement is at 1.6555/60 only break here would change our view to 1.6660 while below is 1.6430/40 then as low as 1.6300 break here might lead to as low as 1.6200

Euro/Chf This pair moving on downtrend, low is at 1.2700 below would extend weakness while retracement is at 1.2810/20 break is to 1.2850/60 then 1.2900/10 must hold for today

Gbp/Chf This pair is moving on downtrend, retracement is at 1.4320 break is to 1.4450/60 while we/ll not target new historic lowsā€¦

Aud/Usd This pair starting a downtrend movement to 1.0680/90 break is to 1.0510/20, while only break of 1.0860/70 might lead to 1.0950 high

Nzd/Usd This pair starting a downtrend movement targetting low at 0.7760/70 while only break of 0.8000 would change our view(but it is a hard probability)

Euro/Gbp This pair is moving on uptrend, high is at 0.9085/90 then break is to 0.9150/60 while retracement is at 0.8940/50 then break is to 0.8880/90 then 0.8850/60 must hold for today

Usd/Cad This pair starting an uptrend movement, but must base above 0.9550 to target high at 0.9640/50 while only below 0.9500 is to 0.9450

Gbp/Jpy This pair is on downtrend movement, retracement is at 134.20/30 break is to 134.90/00 while low is at 132.70 break would extend weakness and might go to as low as 130.00

Euro/Jpy This pair moving sideways, 2 options are high at 122.60/70 if bases above 120.00 and low at 117.80 if bases below

Gold is looking to base below resistance at 1538 to retest low at 1526 break here is to 1500 while above said resistance is to 1563/65

Oil is moving on downtrend, retracement is at 111.50/60 break is to 112.20 while low is at 108.00 break here might target 106.70/00

We have 2 Very Important news release for today:

  • US ADP NFP: buy Usd/Chf & Usd/Jpy if 250K or above while buy Euro/usd if 150K or below, vice versa for sell

  • US ISM NonManufact. PMI: Buy Usd/Chf & Usd/Jpy if 60 or above while buy Euro/Usd if 55 or below, vice versa for sell

Have A Great Trading Day

Hello Traders,

Forex Signals for the 5th of April 2011:

Short Term strategy:

Euro/Usd buy 1.4725/30 then 1.4680/85 then 1.4585/90, sell 1.4950/55 then 1.4995/00 then 1.5010/15 then 1.5085/90

Usd/Jpy buy 80/15/20 then 79.95/00 then 79.50/55, sell 81.20/25 then 81.50/55 then 81.80/85

Usually, I do not sell this pair especially at current prices, focus on buying this pair on dips, there might occur intervention at anytime if prices keep going down

Usd/Chf buy 0.8540/45 then 0.8505/10 then 0.8460/65, sell 0.8670/75 then 0.8700/05 then 0.8755/60

Same said for this pair, better keep buying at dips simply because it is in its historic lows and you never know when the Fed will wake up from their deep sleepā€¦ so this pair might spike and you might not be able to run after it to close a sell order

Gbp/Usd buy 1.6415/20 then 1.6380/85 then 1.6310/15, sell 1.6580/85 then 1.6625/30 then 1.6675/80

Euro/Jpy buy 118.65/70 then 118.25/30 then 117.30/5, sell 120.80/85 then 121.40/45 then 122.05/10

Gbp/Jpy buy 132.10/15 then 131.75/80 then 130.80/85, sell 134.20/25 then 134.80 then 135.35/40

Usd/Cad buy 0.9500/05 then 0.9465/70 then 0.9425/30, sell 0.9640/45 then 0.9660/65 then 0.9725/30

Euro/Chf buy 1.2705/10 then 1.2675/80 then 1.2625/30, sell 1.2840/45 then 1.2875/80 then 1.2925/30

Gbp/Chf buy 1.4130/35 then 1.4095/00 then 1.4035/40, sell 1.4280/85 then 1.4315/20 then 1.4370/75

Aud/Usd buy 1.0670 then 1.0635/40 then 1.0540/45, sell 1.0870/75 then 1.0930/35 then 1.0985/90

Nzd/Usd buy 0.7815/20 then 0.7785/90 then 0.7705/10, sell 0.7995/00 then 0.8045/50 then 0.8100/05

Euro/Gbp buy 0.8960 then 0.8945/50 then 0.8915/20, sell 0.9030/35 then 0.9050/55 then 0.9070/75

Sometimes some signals for different pairs are not triggered because price didnā€™t go to that direction or reversed or for whatever reasonā€¦, but as usual we are always ready for any possibility the market might give us, this is why i provide you with complete signal info for these pairsā€¦

Medium Term strategy:

Euro/Usd This pair still on uptrend, might target today high at 1.4960/70, while basing below 1.4830 is to 1.4750/60 then break is to low at 1.4590/00

Gbp/Usd This pair is on downtrend from yesterday, retraced to said resistance yesterday(read previous post) then went down again, today retracement is 1.6555/60(also might stop at 1.6540 and go down), while only above said resistance is to 1.6660 high while low is at 1.6380/90 then 1.6300/10 but take note that 1.6450 would be a good support before reaching said lows.

Usd/Chf This pair is still on downtrend, low is at 0.8530/35 while retracement is at 0.8630/40 break is to 0.8700 basing above here might target 0.8830/40

Usd/Jpy This pair still on downtrend, low is at 79.80/90 while retracement is at 80/85/90 break is to 81.30/40 then 82.30/40

Euro/Chf This pair on downtrend, low is at 1.2690/00 break would extend weakness, retracement at 1.2795/00 break is to 1.2840 then break is to 1.2890/00

Gbp/Chf This pair on downtrend, low is at 1.4035/40 filtering above 1.4000, retracement is at 1.4270/80 then break might extend gains to 1.4400/10

Euro/Jpy This pair is moving sideways, above 120.00 is 122.50/60 and below is to 117.70/80

Gbp/Jpy This pair is on downtrend, good support is at 132.40/50 below would extend weakness while retracement is at 133.70/80 then break is to 134.60/70 and 135.40/50 must hold for today

Euro/Gbp This pair is moving on uptrend, looking to base below 0.9000 but if breaks would lead to high at 0.9070/80 while retracement is at 0.8960 break is to 0.8900/10 then 0.8870 would hold for today

Usd/Cad This pair started an uptrend movement as said yesterday, must today target 0.9650/60 then 0.9700 while retracement is at 0.9550 as good support below is 0.9520, break here would change the uptrend view and might go again to low at 0.9450

Nzd/Usd This pair started a downtrend movement as said yesterday, today would target low at 0.7780/90 while good resistance retracement is at 0.7955/60 break here would change our down view to 0.8000/10

Aud/Usd This pair also started downtrend yesterday, retracement is at 1.0800/05 but break above 1.0830 would change our down view to 1.0870/80 while break of good support at 1.0690 would extend weakness to low at 1.0510/20

Gold is on downtrend from yesterday, good resistance is at retracement 1526 break here would change our view to 1543/45 while low is at 1500/03 break would extend weakness to 1494/95 then 1484/85

Oil is also on downtrend from yesterday, hit our support around 108, today retracement is at 110.00/20 break is to 110.60 then 11.70/80, while low is at 106.50

I would like to explain some words meaning for traders who do not get it clearly. When I say Retracement is at this price, that means it is a possible reversal point for you to buy or sell at least for first contact(hit and pullback) for example gbp/usd yesterday retracement, break this price means you can trigger a buy or sell as a breakout startegy targetting next price signal I mention, high at this price means that you can sell that pair and mostly it would be the high for the whole day and vice versa for the low which means to buy that pair.
For Example, yesterday I said Usd/chf low is at 0.8550(read previous post) and that is what happened, it hit this price and kept going up for hours to around 70 pips, so it was a perfect buy at that price, on the other way Euro/Usd high was 1.4940/50(posted yesterday), it hit 1.4940 and went down for many hours to reach more than 100 pips, meaning it was a perfect sell at that price.
Take Crucial Note about what these words realy mean and work accordinglyā€¦, despite I know that some traders understood these meanings from my first postsā€¦

We have 4 Very Important News Release for today:

  • UK Services PMI: Buy Gbp/Usd if 58 or above while sell if 54 or below

  • UK Official Bank Rate & Asset Purchasing Facility: Buy Gbp/Usd if 0.75% while sell if kept at 0.50% and the latter is 220B or above

  • EU ECB Rate Decision: Buy Euro/Usd if 1.50% while sell if 1 %, I believe the rate will be kept at 1.25%, so wait for market reaction(which will be effected by other factors or side hints or marlet talksā€¦) to enter any possible trade

  • CA IVEY PMI: Buy Usd/Cad if 64 or less while sell if 70 or moreā€¦

Have A Great Trading Day

Hello Traders,

Forex Signals for the 9th of May 2011:

Short Term Strategy:

Usd/Chf buy 0.8680 then 0.8630 then 0.8585, sell 0.8845/50 then 0.8875/80 then 0.8950/55

Euro/Usd sell 1.4565/70 then 1.4680/85 then 1.4780/85, buy 1.4180/85 then 1.4120/25

Usd/Jpy buy 79.90/95 then 79.60/65 then 79.20/25, sell 81.15/20 then 81.40/45 then 81.90/95

Gbp/Usd buy 1.6310 then 1.6280/85 then 1.6215/20, sell 1.6460/65 then 1.6500/05 then 1.6540/45

Euro/Jpy buy 114.20/25 then 113.65/70 then 112.15/20, sell 117.45/50 then 118.45/50 then 119.30/35

Gbp/Jpy buy 130.80/85 then 130.25/30, sell 133.05/10 then 133.60/65 then 134.45/50

Usd/Cad buy 0.9560/65 then 0.9510/15 then 0.9455/60, sell 0.9740 then 0.9775/80 then 0.9850

Euro/Chf buy 1.2495/00 then 1.2460, sell 1.2730/35 then 1.2805/10 then 1.2865/70

Gbp/Chf buy 1.4225/30 then 1.4155/60, sell 1.4470/75 then 1.4515/20

Aud/Usd sell 1.0845/50 then 1.0915/20, buy 1.0540/45 then 1.0465/70

Euro/Gbp buy 0.8670 then 0.8635/40, sell 0.8880/85 then 0.8950/55

Nzd/Usd buy 0.7805/10 then 0.7760/65, sell 0.7995/00 then 0.8040/45

Medium Term Strategy:

Usd/Chf This pair started an uptrend movement from past 2 forex days, I adviced you traders in my previous post to keep buying this pair on dipsā€¦,
and in the same day it started going up fast, today retracement is at 0.8720, holding above 0.8700, below will change our upward view to 0.8670/75 then below will extend weakness despite this scenario donā€™t seem to be in the picture but for you to be ready for anythingā€¦,
while basing above 0.8800 is to 0.8850/55 then 0.8890/95 then filtering around 0.9000

Usd/Jpy This pair had the same story about buying at dipsā€¦, but on the other hand didnā€™t yet base on the uptrend s the Usd/chf had done, today only break of 81.00 would put it on uptrend then 81.85/95 would follow while low is at 79.70/75

Gbp/Usd This pair started a downtrend movement from 3 forex days, retracement is at 1.6430/40(remember how much retracement was important in my previous post saying ā€œ(also might stop at 1.6540 and go down)ā€ and thatā€™s what happened, above 1.6550 is to 1.6520, while low is at 1.6180/90

Euro/Usd This pair started a downtrend movement from 2 past forex days, today retracement is at 1.4520, only break of 1.4570 would change our view to 1.4670/80, even if it didnā€™t go to this price today but closing high would be enough while continuation of trend is to low at 1.4200, below would extend weaknessā€¦

Euro/Chf This pair is still on downtrend from 5 forex days, retracement is at 1.2660/70 break is to 1.2770/80 changing our view but 1.2830 would hold for now, while low is at 1.2460

Gbp/Chf This pair is squeezed in movement bt. resistance at 1.4380 break is to 1.4480/90 and support at 1.4320 break is to 1.4220/30

Euro/Jpy This pair still on downtrend that started from past 3 forex days, today retracement is at 117.00/10 break(hard to occur because of price range and also reversal is not seen clear for now but incase) is to 118.95/00,
while low is at 113.65/70 and possibly 112.15/20(incaseā€¦)

Gbp/Jpy This pair is still on downtrend from 4 forex days, retracement is at 132.40/50, break would change our view to 133.80/90, while low is at 131.50/60 break is to 130.80/90 then 130.20/30

Euro/Gbp This pair is on downtrend from 2 forex days, retracement is at 0.8840/50 break is changing our view to 0.8880/90, while low is at 0.8720 break is to 0.8670 then 0.8630/40

Usd/Cad This pair started an uptrend movement from 3 forex days, today holding at retracement 0.9600 break is to 0.9550/60 while high is at 0.9690/00

Aud/Usd This pair on downtrend from 3 past forex days, but today tring retracement at 1.0810/20 (if breaks 1.0800), above is to 1.0880/90 while fail of break is to 1.0700/10

Nzd/Usd Also, This pair was and is now in same situation, retracement at 0.7970 break is to 0.7990/00 but only break above here would change our downtrend view, low is at 0.7810/20

Gold still on downtrend started from past 3 forex days, today retracement is at current price around 1505 break is to 1520 and possibly 1543/45 if there is strong up movement as was with strong down movement, low is at 1450

Oil still on downtrend started from past 3 forex days, retracement is at 101.70/80 if breaks above 99.70 at first, while low is at 94.50/60

*It is always Great to start riding the trend from the begining because at all cases if reversal occurs youā€™ll be in 100s of pips gain and would not care to exit at your prefered pips target, and if you had followed my past days signals youā€™ll realize that you were in full info about many pairs that started a down or uptrend movement and if you followed these signals for the Medium Term Strategy you could had gained 100s of pips in very few days(even you could not had needed my daily update because you could had took your money and ran awayā€¦lol) especially that many pairs made huge pip movements in little time and the case was even better for Gold & Oil which collapsed in short time & you were in info about the downtrend movement from the start of trendā€¦

Have A Great Trading Day

Hello Traders,

Forex Signals for the 10th of May 2011:

Short Term Strategy:

Usd/Chf buy 0.8675/80 then 0.8655/60 then 0.8605/10, sell 0.8785/90 then 0.8815/20 then 0.8845/50

Gbp/Usd buy 1.6280 then 1.6220/25 then 1.6175/80, sell 1.6465/70 then 1.6495/00 then 1.6585/90

Euro/Usd buy 1.4225/30 then 1.4160/65 then 1.4075/80, sell 1.4485/90 then 1.4540/45 then 1.4640/45

Usd/Jpy buy 79.95/00 then 79.75/80 then 79.35/40, sell 80.85/90 then 81.10/15 then 81.40

After many requests from traders, I announce the start of trading Gold & Oil for the Short Term strategy as bounce trading and would like you to let me know your opinions, suggestions, questionsā€¦

Gold sell 1521/22 then 1530 then 1545/46, buy 1489/91 then 1480/81 then 1472/73

Oil sell 105.85/95 then 107.25/30 then 111.05/10, buy 97.70/75 then 95.20/25 then 93.10

Medium Term Strategy:

Usd/Chf This pair is still on uptrend, as expected retraced yesterday to 0.8720 then had a hold above 0.8700(accurately 0.8708) and from there went up again which is also retracement for this day(done),
high is at 0.8790/00 with good resistance but break here would free up this pair to new targets like 0.8850/55 then 0.8890/95, low is below said retracement(today low) but might not be a choice

Euro/Usd This pair still on downtrend, today retracment is at 1.4440/50 break is to 1.4560/70 then 1.4640/50 must hold, low is at 1.4170/80

Usd/Jpy This pair still on downtrend after unability of breaking above 81.00, today retracement is at 80.50 above is to 80/90/95 then 81.70/80, low is at 79.50/60

Gbp/Usd This pair still on downtrend, today retracement was hit at early morning hours at 1.6420 price, break is to 1.6450/60 then 1.6510/20 must hold, below retracement is to low at 1.6200 and 1.6170/80 must hold

Euro/Chf This pair is today celebrating a week anniversary on downtrend, retracement is at 1.2590/00 break is to hold at 1.2730/40, low is at 1.2310/20

Gbp/Chf This pair moving sideways, broke the tight range talked about yesterday and went to the downside(breaking 1.4320) despite it didnā€™t hit our said support at 1.4220/30 but reached 1.4265 which ws good to take profit at or even at higher price like 30-50 pips target for example or as price action at that instantā€¦
today moving bt. resistance at 1.4360 break is to 1.4460/70 while basing below 1.4300 might target low at 1.4180

Euro/Jpy This pair still on downtrend, retracement is at 116.25/35 break is to 118.40/50, low is at 113.30/40

Gbp/Jpy This pair still on downtrend, retraced yesterday to our said retracement price at 132.40(good sell) and went down again more than 100 pips, today retracement is at 132.10/20 break is to hold at 133.60 while low is at 131.10/20 below would extend weakness probably to target 130.00 psycological level

Euro/Gbp This pair still on downtrend, retracement is at 0.88000 break is to 0.8840/50 then 0.8870 must hold, low is at 0.8700 below would extend weaknessā€¦

Nzd/Usd This pair reached around our said yesterday retracement at 0.7970 to hit 0.7960 and open today near there then collapse around 50 pips, today retracement is at 0.7970/80 break is to 0.7995/00 only break here would change our down view to 0.8060/70, while low is at 0.7820/30
*Take note that sometimes it might not directly hit said retracement price due to many reasons like broker spread difference or market action at that time being too much overbought or oversold so you must still evaluate the situation(not put pending orders) at that instant to sell or buy(for any pair with retracement situation)

Usd/Cad This pair is still on uptrend despite struggling to hold above retracement at 0.9610 and above 0.9600, high is to 0.9685/95 while below said support is to 0.9560 where it must hold

Aud/Usd This pair moved as expected yesterday trying retracement at 1.0810/20(actually hit 1.0812) and closed around that price to open today and collpase around 50 pips below that price(this is the importance of retracement I talk about), today break of 1.0760 is to 1.0720 then break is to low at 1.0570/80 while only break of previous retracement is to 1.0880 then 1.0950 must hold.

Gold is today squeezed bt. resistance at 1521/22 break is to 1543/45 and support at 106/7 break is to 1489/90 then 1470 and low is at 1455

Oil still on downtrend, above 103.00 is to 107.50 and 108.60 must hold, while low is at 99.30/40 break is to 97.30/40 then 94.60 must hold

Actually, No important news release for today but you can check the French Industrial Production for the Euro Currency,
CPI for the Chf Currency & Annual Budget Release for the Aussie

Have A Great Trading Day

Hello Traders,

Forex Signals for the 11th of May 2011:

Short Term Trategy:

Usd/Chf buy 0.8700/05 then 0.8655/60 then 0.8605/10, sell 0.8860/65 then 0.8890/95 then 0.8960/65

Euro/Usd sell 1.4475/80 then 1.4505/10 then 1.4595/00, buy 1.4275/80 then 1.4220 then 1.4170/75

Usd/Jpy buy 81.20 then 79.85/90 then 79.60/65, sell 81.20/25 then 81.35/40 then 81.85/90

Gbp/Usd buy 1.6290/95 then 1.6260 then 1.6205/10, sell 1.6435/40 then 1.6470/75 then 1.6525/30

Gold sell 1527.50/00 then 1535.50, buy 1505 then 1500 then 1494/95

Oil sell 105.35/40 then 106.30/35 then 108.65/70, buy 100.10/15 then 98.55/60 then 97.10/15

Medium Term Strategy:

Usd/Chf This pair is still on uptrend, retracement today is at 0.8760(despite it might hold at 0.8785/90 and keep going up), high is at 0.9000(with some stops review short term strategy sell signals for this pair), below said support is to 0.8700/10( must hold)

Gbp/Usd This pair still on downtrend, retracement is at 1.6390 break is to 1.6455/60 then 1.6485/95, low is at 1.6200/10

Usd/Jpy This pair might start an uptrend movement if bases above 80.80 and 80.70 is retracement break is 79.60/70, high is at 81.55/60 then 82.30 and 82.80/90 must hold

Euro/Usd This pair is still on downtrend, retracemetn is at 1.4430/40(reached around there at early opening hours today) break is to 1.4570 and 1.4620 must hold, low is at 1.4180

Gbp/Chf This pair is starting an uptrend movement above 1.4360 retracement to 1.4460 then 1.4550/60 must hold while below said retracement is to 1.4280/90

Euro/Chf This pair boosted yesterday after celebrating its 1 week anniversary on downtrendā€¦lol, today is squeezed bt. resistance at 1.2720/30 break is to 1.2795/00 and retracement at 1.2640/50 below is to 1.2550/60

Euro/Jpy This pair is still on downtrend, retracement is at 116.60 basing above is to 118.10/20 then 118.80/90 high, below said support is to 115.10/20

Gbp/Jpy This pair is still on downtrend, basing above retracement at 132.20 is to 133.20/30 then 134.20/30 must hold while low is at 131.00/10

Euro/Gbp This pair is still on downtrend, retracement is at 0.8800/10 break is to 0.8850/60 while low is at 0.8700/10

Usd/Cad This pair would start a downtrend if bases below 0.9560 targetting 0.9500 then break is to 0.9450, above 0.8560 is to 0.9590 then high is at 0.9670/80

Nzd/Usd This pair moving sideways, reached retracement at 0.7970 and went down, basing below 0.7935 is to 0.7880/90 and low is at 0.7840 while above said retracement is to 0.7990/00 then break is to 0.8060/70 & 0.8100/10 would hold

Aud/Usd This pair is starting an uptrend movement basing above 1.0820 targetting high at 1.0950/60 then 1.1000 would hold, below said support is to 1.0800 break is to 1.0740/50

Gold is starting an uptrend movement if bases above 1522 targetting high at 1555, while below 1512/13 is to 1489 then if thereā€™s a powerful selling to possibly 1470(must hold)

Oil looking to base above 103 to target 106.70/00 break is to 108.60 while below said support is to 100

About News Release, You must listen well to BOE Gov King talks at 5.30 A.M EST which would effect the sterling curreny especially if he mentions possible rate increase which will boost this currency or if he stays on his previous talks about being against any rate hike for now which made the sterling weaken & the Gbp/Usd pair collapsed from 1.6700 to 1.6270 low, also ā€œTrade Balanceā€ news release for the Cad & USD Currenccies respectively both at 8.30A.M EST would effect themā€¦

Have A Great Trading Day

Hello Traders,

Forex Signal for the 12th of May 2011:

Short Term strategy:

Usd/Chf buy 0.8785/90 then 0.8745/50 then 0.8705/10, sell 0.8925/30 then 0.8945/50 then 0.9010/15

Gbp/Usd sell 1.6510/15 then 1.6590/95 then 1.6665/70, buy 1.6245/50 then 1.6195/00 then 1.6075/80

Euro/Usd sell 1.4410/15 then 1.4510/15 then 1.4600/05, buy 1.4065/70 then 1.4010 then 1.3845/50

Usd/Jpy buy 80.50/55 then 80.25/30 then 79.95/00, sell 81.45/50 then 81.70/75 then 82.05/10

Gold buy 1484/85 then 1476/77 then 1457/58, sell 1526/27 then 1538/39 then 1550/51

Oil buy 94.90/95 then 93.15/20 then 88.85/90, sell 104.55/60 then 107.40 then 110.15/20

Medium Term strategy:

Usd/Chf This pair is still on uptrend, reminded us yesterday with its past past months of fast spikes with a powering dollar,
was a big opportunity for you traders to keep buying and gaining around 20 everytime it went down to 0.8785/90 and then went up(before the big spike) if you are not the type of trader who keeps orders opened for big pips, as I mentioned in my previous post ā€œit might hold at 0.8785/90 and keep going upā€ and this is what happened yesterday after powerful support at that area.
Today, this pair have retracement at 0.8810/15 and 0.8785/90 must again hold(if reached), break is to hold at 0.8720 low while high is at 0.9000

Gbp/Usd This pair still on downtrend after succeeding in breakout(1.6390 to 1.6495(our target)) to accurately hit above at 1.6517(good sell) after BOE Good Inflation report but collpased down later to its start price and below(good buy), today retracemetn is at 1.63.80/90, break is to 1.6455/60 then to previous high around 1.6517(if reached), while below is low at 1.6210/20

Euro/Usd This pair still on downtrend, for the luck of many traders who wereā€™nt able to sell at yesterday retracement because it had reached it in tokyo session, it again tried it in london session to reach 1.4422(good sell) then kept collpasing to reach our low at 1.4180 and little below(1.4171), today retracement is at 1.4310/20 break is to 1.4530/40 high while low is at 1.4100/10 below would extend weakness(short term signals targets)

Usd/Jpy This pair still on uptrend started from 2 days, going to 81.50 then break is to 82.30 and 82.80 must hold, while only break of 80.90 would change our view to low targets and 79.90/00 must hold

Euro/Chf This pair still on downtrend after going to near our high target and going down again with a weak Euro, today retracement is at 1.2610/20 below is at 1.2520/30 above is to 1.2680/90 and 1.2780 must hold

Gbp/Chf This pair started an uptrend movement yesterday(read previous post), retraceent is at 1.4460 and 1.4420/30 must hold, but if breaks is to target 1.4360, high is at 1.4740/50

Euro/Jpy This pair still on downtrend, retracement is at 115.80/90, break is to 117.40/50, break here would hold at 118.40/50 while low is at 114.40/50

Gbp/Jpy This pair is moving higher trying to base on uptrend(succeeded yesterday hitting our targets but going down again) that can occur above 133.00 to reach 134.00/10 above would extend gains while low is at 131.00

Euro/Gbp This pair still on downtrend, tried all our yesterday scenarios from breakout to retracment then hitting low(a day to remember buying the closing at high then selling there to close at low), today basing at low above 0.8660(below would extend weakness) targetting retracement at 0.8740 break is to hold at 0.8820/30

Usd/Cad This pair also targeted our low price around 0.9500/10 looked to had started a downtrend but reversed from there after basing above 0.9560(read previous post) to go to our above targets, today high is at 0.9680/90 while below 0.9600 is 0.9580 then 0.9560 and 0.9500 must hold

Aud/Usd This pair also had several different scenariosā€¦, but opened on downtrend today after bad Aussie news release, low is at 1.0470/80 while retracement is at 1.0740 then 1.0775/80 must hold

Nzd/Usd The same is said to this pairā€¦, retracement is at 0.7920 break is to 0.7950 and 0.7970/80 must hold, break would change our view to the upside while low is at 0.7820/30

Gold with several scenarios yesterday, today retracement is at 1506/7 break is to 1512 then 1517 and 1527 must hold while low is at 1470

Oil with same yesterday scenariosā€¦, today retracement is at 100/1 break is to 105 while low is at 97 below would extend weaknessā€¦

Thereā€™s an important news relase for the dollar today:

  • US Core Retail Sales: Buy Usd/Chf and Usd/chf if 1% or above while buy Euro/Usd & Gbp/Usd if 0.4% and below, vice versa for sell

Have A Great Trading Day

Hello Traders,

Forex signals for the 13th of May 2011:

Short Term Strategy:

Usd/Chf Buy 0.8795/00 then 0.8775/00 then 0.8725/30, sell 0.8900/05 then 0.8935/40 then 0.8965/70

Euro/Usd Buy 1.4120/25 then 1.4060/65 then 1.4000/05, sell 1.4330/35 then 1.4365/70 then 1.4460/65

Usd/Jpy Buy 80.50/55 then 80.35/40 then 80.00/05, sell 81.40 then 81.60/65 then 81.90/95

Gbp/Usd Buy 1.6195/00 then 1.6150/55 then 1.6070/75, sell 1.6395/00 then 1.6445/50 then 1.6510/15

Gold Buy 1479/80 then 1467 then 1456/57, sell 1520/21 then 1527/28 then 1546/47

Oil Buy 94.80/85 then 92.90/95 then 90.65/70 sell 101.90/95 then 103.40/45 then 106.30/35

Medium Term Strategy:

*Yesterday was another day of Great Achievements and big pips gain for many pairs but for lack of time iā€™ll not enter into details but only talk about the coming(today), previous post would still be there for all to read and who want to judge and compare what happened in the markets with my signals can doā€¦

Usd/Chf This pair still on uptrend, today retracement is at 0.8830 break is to 0.8785 then 0.8740/50 while high is at 0.9000

Euro/Usd This pair is still on downtrend, retracement is at 1.4270/80 break is to 1.4470/80 and 1.4520/30 would hold, low is at 1.4070/80

Gbp/Usd This pair is still on downtrend, retracemetn is to 1.6320 break is to 1.6400/10 then 1.6450 would hold, low is at 1.6180/90

Usd/Jpy This pair is still on uptrend despite retracing yesterday and today holding there at 80.70/80 but only break would change our upside view to low at 79.90/00

Euro/Chf This pair is still on downtrend, retracement is at 1.2600/10 break is to 1.2655/60 then 1.2760/70 would hold, low is at 1.2500

Gbp/Chf This pair is moving on uptrend but must keep basing above 1.4400 to keep this upward movement to 1.4450 then 1.4520 while below said support is to 1.4340/50, below here might be difficult to occur but would target & hold at 1.4280

Euro/Jpy This pair still on downtrend, retracement is to 115.40/50 break is to 116.90 while low is at 113.90/00

Gbp/Jpy This pair is still on downtrend after trying for 3 consecutive days to base above but failing by collapsing again, today retracement is at 132.00 break is to 132.40/50 and above here is to high at 133.80/90

Euro/Gbp This pair is still on downtrend after basing above low testerday and testing retracement but failing to break and opening below 0.8750, break is to hold at 0.8820/30 while low is at 0.8660/70

Usd/Cad This pair based on uptrend after failing to break 0.9600 yesterday and today moving to target 0.9690/00 first while retracement is at 0.9600(if breaks 0.9620) below is to 0.9560/70

Aud/Usd This pair is on downtrend after several tries to break above but failing, retracement is at 1.0690 break is to 1.0740/50 while low is at 1.0490/00

Nzd/Usd This pair is moving sideways, basing below 0.7920 might target low at 0.7820/30, high is at 0.7990/00 and would find some resistance before that at 0.7970

Gold is moving sideways, below 1500 retracement is to 1470/72 while above is to 1512/13 break is to 1526/27, high is at 1551/52

Oil still on downtrend after failing to break yesterday retracement (read previous post), today retracement is at 99.60, breaking above 100 is to 103/4 while below is to 95.90 and must hold above 95 unless thereā€™s a powerful selling effected by crucial news releaseā€¦

We have an Important News Release for today:

  • US Core CPI at 8.30 A.M EST : Buy Usd/Chf & Usd/Jpy if 4% or above while Buy Euro/Usd & Gbp/Usd if below 0% and vice versa for sellā€¦

Also, Traders must hear well ECB President Trichet talks at 4.00 A.M EST that would surely effect the marketā€¦

Have A Great Trading Day

Hello Traders,

Forex Signals for the 16th of May 2011:

Short Term Strategy:

Usd/Chf buy 0.8795/00 then 0.8740/45, sell 0.9000/05 then 0.9035/40 then 0.9130/35

Euro/Usd buy 1.3965/70 then 1.3900/05, sell 1.4340 then 1.4445/50

Gbp/Usd buy 1.6095/00 then 1.6050/55, sell 1.6315/20 then 1.6375/80

Usd/Jpy buy 80.20/25 then 79.95/00, sell 81.25/30 then 81.45/50 then 81.85/90

Medium Term Strategy:

Usd/Chf This pair is still on uptrend from 7 forex past days, retracement is to 0.8880/90 break is to hold at 0.8785/90, while high is at 0.9000 break here would annonce the begining of a new cycle basing above 0.9000 to target our short term strategy sell signals(read above)

Euro/Usd This pair still on downtrend from 7 past forex days, retracement is at 1.4200/05 break is to 1.4390/00 while low issupport at 1.4020 below would extend weakness to ur short term strategy buy signals

Gbp/Usd This pair is still on downtrend from 9 past forex days, low is at 1.6150/60 below would extend weakness to our buy short term signals while retracement is at 1.6260 break is to 1.6350 high

Usd/Jpy This pair is still moving sideways but on uptrend basis, break of 81.30 is necessary to boost this pair and base it to 82.25/30 then 82.75/80, retracement is at 80.70 break is to 80.35/40 and 80.00 must hold

Euro/Chf This pair is still on downtrend from 12 forex days, retracement is at 1.2600 break is to 1.2710/20 while low is at 1.2470/80

Euro/Gbp This pair is still on downtrend from 6 forex days, retracement is to 0.8730/40 break is to hold at high 0.8820/30 while low is at 0.8650/60

Usd/Cad This pair still on uptrend from 9 forex days, today retracement is at 0.9650/60 then 0.9620 while high is at 0.9775/80 break would extend gains to 0.9820 then holding at 0.9890/95

Aud/Usd This pair still on downtrend from 8 forex days, low is at 1.0490 and break is to extend weakness, while retracement is at 1.0635/40 then 1.0700

Gbp/Chf This pair is still on downtrend from 4 forex days, retracement is at 1.4420 break might target 1.4350/60 while high is at 1.4540/50

Euro/Jpy This pair is still on downtrend from 8 forex days, retracement is at 144.60/70 above is to 116.10/20 while low is at 113.20 below would extend weakness

Gbp/Jpy This pair still on downtrend from 10 forex days, retracement is at 131.40/50 break is to 131.90/00 while low is at 130.00/05

Nzd/Usd his pair still on downtrend from 9 forex days, low is at 0.7800/10 while retracement is at 0.7890 then 0.7910 and 0.7960/70 would hold

Oil is still on downtrend from 10 forex days, retracement is at 99 break is to 100.50/60 while low is at 93.60/70

Gold is still on downtrend from 10 forex days, retracement is at 1495 then 1497 break above 1500 is to 1513/14 while low is at 1468/69

Take note that Fed Chairman Ben Bernanke would speak today at 9.00 A.M EST, so that would surely effect the market, do not enter any trade at that time or even before or after by little time unless you are gambling and predicting positive or negative impactā€¦ while if you have any open order which is far enough with good gains from the price at that time you can hold on it and minimize risk by TP if price reverses against you.

Have A Great Trading Day

Hello Traders,

Forex Signals for the 17th of May 2011:

Short Term Signals:

Usd/Chf buy 0.8750/55 then 0.8720/25, sell 0.8945/50 then 0.9000 then 0.9060/65

Gbp/Usd buy 1.6130/35 then 1.6105/10 then 1.6055/60, sell 1.6260/65 then 1.6295/00 then 1.6335/40

Usd/Jpy Buy 80.50/55 then 80.35/40 then 80.10/15, sell 81.45/50

Euro/Usd buy 1.4015/20 then 1.3950/55, sell 1.4285/90 then 1.4345/50

Medium Term Signals:

Usd/chf this pair is still on uptrend, yesterday had hit our first short term signal and kept going up & also made a breakout for the medium term strategy from 0.8880/90 to target that low price,
today retracement is at 0.8795/00 below here is to target our short term buy signals, while basing above 0.8850 is to 0.8955/60

Euro/Usd This pair still on downtrend, retracement today is at 1.4190/00, basing above here is to 1.4330/40 while low is at 1.4010/20

Usd/Jpy This pair is still on uptrend, made the big push today morning but must continue to base above 81.20 targetting 81.70 then 82.20/30 & 82.75/80 must hold while retracement is at 80.90 below is to hold at 80.70

Gbp/Usd This pair still on downtrend after failing to break yesterday retracement at 1.6250/60, today retracement is at 1.6240, basing above is to 1.6320/30 while low is at 1.6140 below would extend weakness

Euro/chf This pair is still on downtrend, low is at 1.2440/50, retracement is at 1.2565/70 break is to 1.2600.05 while high is at 1.2740

Euro/Gbp This pair is still on downtrend but today might start changing this view by first targetting 0.8820/30 if bases above 0.8740 while low is at 0.8655/60

Usd/Cad This pair still on uptrend but might retrace today to 0.9700 break is to 0.9650/60 while high is at 0.9820/30

Aud/Usd This pair is still on downtrend, retracement is at 1.0610 above is to 1.0675/80 break here must hold at 1.0750 while low is at 1.0500/10

Gbp/Chf This pair returned to downtrend today, retracement is at 1.4350/60 break is to 1.4420/30 while low is at 1.4280 break would extend weakness

Euro/Jpy This pair still on downtrend but might change this view today by basing above 115.00 to target 115.70 and high is at 117.80/90, low is at 113.00

Gbp/Jpy Same Senario for this pair if bases above 131.50 to target 131.75 then hihg is at 133.40/50, low is at 130.00 and if breaks 129.70/75 would be next target

Nzd/Usd This pair still on downtrend, low is at 0.7780, below is extending weakness, while retracement is at 0.7840/50 basing above is to 0.7885/90 while high is at 0.7955/60

Oil is still on downtrend, retracement is at 98.00/10 and 99.30 must hold while low is as low as 92.20/30 but must break basing below 95 first

Gold is still on downtrend, breaking 1495 is to 1499 and below 1500 only break here would change our view to 1512/13, low is as low as 1466/67 but might before that find good support at 1479/80

We have an important news release for the sterling today:

  • UK CPI: Buy Gbp/Usd if 4.4% or above while sell if below 4%

Have A Great Trading Day

Hello Traders,

Forex Signals for the 18th of May 2011:

Short Term Signals:

Usd/Chf buy 0.8755/60 then 0.8740/45 then 0.8685/90, sell 0.8875/80 then 0.8910/15 then 0.8940

Usd/Jpy buy 80.50/55 then 80.25/30 then 79.75/80, sell 82.00/05 then 82.30/35 then 82.90

Gbp/Usd buy 1.6155/60 then 1.6110/15 then 2.6050/55, sell 1.6330/35 then 1.6370/75 then 1.6435/40

Euro/Usd buy 1.4130 then 1.4080 then 1.4040, sell 1.4315/20 then 1.4390/95

Medium Term Signals:

Usd/Chf This pair is no longer on uptrend, basing below 0.8820 would change the view to downtrend to first target 0.8760/70 then below would extend weakness while above said resistance is to the other resistance at 0.8880 and high is at 0.8940/50 if possible.
Well, I doubt Benanke and his buddies know what they are doing, better if they do not talk at first, everytime some genius of them talks the dollar weakens, Geithner came out with his debt limit cautions from few days, if they just go change their bad policy and hike rates like many other countries had done, canā€™t they do it even if this it for a try?..lol

Gbp/Usd This pair is trying to change its downtrend view, retracement is at 1.6300/10, above is to hold at 1.6430/40 while low is at 1.6130/40

Usd/Jpy This pair is still on uptrend, basing above 81.00 below is to 80.70 while high is at 82.20

Euro/Usd This pair is trying to change its downtrend view, basing above 1.4300 would do that to target high at 1.4500/10 while low is at 1.4000 if bases below 1.4230

Euro/Chf This pair basing above 1.2560 would lead to 1.2585/90 , above here is high at 1.2710/20, low is at 1.2420

Euro/Gbp This pair is loking to change its downtrend view, basing above 0.8750 to target 0.8820/30, while below said support is to 0.8680 then 0.8650 would hold

Usd/Cad This pair is still on uptrend, but if break 0.9700 might change the view to target 0.9660 & 0.9590/00 would hold while high is at 0.9760/70

Aud/Usd This pair is trying to change its downtrend viewif bases above 1.0670 to target 1.0750 while below 1.0600 is to low at 1.0500/10

Nzd/Usd This pair is trying to change the downtrend view if bases above 0.7900 to target 0.7955/60 while below 0.7860 is to low at 0.7780/90

Gbo/Chf This pair is looking to base on downtrend below 1.4360/70 & low is at 1.4150/60, abov said resistance is to 1.4400/10 and 1.4470 must hold

Euro/Jpy This pair is looking to base on uptrend above 115.40 to target high at 117.60/70 while below said support is to 114.20/30

Gbp/Jpy This pair is looking to base on uptrend above 131.80 to target high at 133.30/40 while below said support might target 130.70 low

Oil is still on downtrend, break of 98 is to 99.20 while above is to 100.60/70, low is at 91.60/70 just if breaks 95 first

Gold still on downtrend, above 1498 might target 1506/7 then 1511/12 must hold, low is at 1463/64 & would find support at 1480

*As You see many pairs might change its trend direction today but keep focus at possible false breakouts with crucial news release coming up for both the Dollar & Sterling currencies which have FOMC & UK MPC Meeting Minutes that would surely effect them.
Also, keep close look at IMF Chief Strauss-Kahn sexual case, the Euro didnā€™t really collapse after this crucial news but went up only because Trichet denied exit of some countries like Greece from the Euro Zone & help of these countries is still activeā€¦ Lets see how much would the Euro currency survive under big pressure & might it be just a retracement for the Euro/Usd pair before continuing its downtrend movement or might it be a start of an uptrend especially with Fed folks as Bernanke, Dudley, & US Secretary of Treasury Geithner, even before they start talking the outcome is known with their boring same defending their policy which directly result in a collapse of Usd/chf & Usd/Jpy and the dollar currency as basic.

We have an Important news Release for the Sterling Currency today:

  • UK MPC Meeting Minutes: sell Gbp/Usd if 2 Vote for Quantitative Easing while Buy if 4 Vote for Hike

Have A Great Trading Day

I am a day trader. I want to know what is the best software for predicting the movement of a pair traded? And what is the trading pair is most volatile in the Fores trading?

Hi Verbum,

I do not believe in 1 software that can predict pairs movements. You can have a good system that is better built by you or if not yours at least tried by you for some months and by that youā€™ll know its pros & cons. Ofcourse, if you create your own system consisting of some indicators with some tweaks in settings, youā€™ll surely easier know when it wins and when it might fail and prevent that.

Briefly, do not change your system every some time, if you believe in it as a winning system or couple of indicatorsā€¦ then stick to it and understand it better by time & using it on demo account before going live & then youā€™ll discover how important is it in gaining you money and minimizing risk, better then trying a new strategy every time. Remember that consistency is the answer for any winning trading strategy.

Ofcourse, you must also have good forex experience by always hiking your forex knowledge each day
( no need to pay thousands for that, there are good sites out there for free as babypips),
but simply if you are obsessed about something like a system & you had been absorbing it for sometime like you know on your chart where & when youā€™re system says a certain pair is overbought or oversold or possible reversal or take profit or cut your lossesā€¦ then youā€™ll master it and that will reflect in good money gains.

About Best volatile pairs, Euro/Usd. Gbp/Usd, Usd/Chf move mainly around 150 pips each day, while Gbp/Chf, Gbp/Jpy can be much volatile certain days with above 200 pips per day but if you are a forex beginner, better stick with the major forex pairs as the above 3 I mentioned because of low spread and more possible predicted movementsā€¦

Finally, I advice you to use my signals for short and medium term, start with a demo account before going live and learn how they work by reviewing my many posts & youā€™ll see how much big money you will gain especially if you focus on few pairs(1-3) instead of mixing it up for a begginerā€¦

Enjoy your trading days

Hello Traders,

Forex Signals for the 19th of May 2011:

Short Term Signals:

Usd/Chf buy 0.8765/70 then 0.8750 then 0.8715/20, sell 0.8850/55 then 0.8870/75 then 0.8900/05

Euro/Usd buy 1.4180/85 then 1.4150/55 then 1.4105/10, sell 1.4335/40 then 1.4385/90

Gbp/Usd buy 1.6050/55 then 1.6000/05, sell 1.6300/05 then 1.6370

Usd/Jpy buy 80.95/00 then 80.65/70 then 80/35/40, sell 82.05/10 then 82.30/25 then 82.70/75

Medium Term Strategy:

Usd/Chf This pair is basing on downtrend below 0.8820, only break here would change our view, yesterday broke to 0.8843 after many tests of 0.8820 but collpased later below 0.8000 and the FOMC Meeting Minutes were not promising as usual but gave a little hope about putting rate hike as first priority before sales assests for next policy.
kept below said resistance 0.8820 is to 0.8760/70 then to 0.8700/10, while above is to 0.8840/50, break is to 0.8880

Euro/Usd This pair basing today on uptrend above 1.4240 to target high at 1.4490 while only below said support is to 1.4200 and 1.4120

Gbp/Usd This pair is still on downtrend after failing to break yesterday retracement, today retracement is at 1.6200/10, break is to 1.6270/75 and high is at 1.6385/90 while low is at 1.6080/90

Usd/Jpy This pair is still on uptrend, retracement is at 81.30/35, even break here must hold above 81.00, while high is at 82.20/30

Euro/Chf This pair still on downtrend, after failing to break above retracement yesterday and today morning, above 1.2600 to high at 1.2700 would change our view while low is at 1.2400/10

Euro/Gbp This pair based on uptrend after testing yesterday retracement many times then breaking and basing above 0.8820 but this must continue to target 0.8900 to confirm our upside view while below 0.8810 is to 0.8790 and 0.8760

Usd/Cad This pair is trying to change the uptrend view to downtrend if breaks 0.9660 to target 0.9600 while above 0.9700 is to 0.9770

Aud/Usd This pair is trying to break above 1.0680 to target uptrend at 1.0750 while below 1.0620 is to 1.0560/70

Gbp/Chf This pair started a donwtrend yesterday(review previous post), low is at 1.4130/40 while retracement is at 1.4280 break is to 1.4350

Euro/Jpy This pair started an uptrend movement yesterday, today retracement is at 115.80 then 115.50 must hold while high is at 117.50/60

Nzd/Usd This pair basing on uptrend to target 0.7950 but must break here to confirm uptrend and high at 0.7990 is next target, while below 0.7880 would change our view to 0.7820/30

Gbp/Jpy This pair had both scenarios yesterday from clow to retracement and then basing above 131.80 contnuing our uptrend start view, only below is again to test low at 130.70/80 whle high is at 133.10/20

Gold is trying to break above 1500 to target 1506/7 then 1510/11 while below 1494 is to 1480

Oil is basing on uptrend above 100 to target 104.60/70 while only below 99.70 would change our view to 97.50 then 95 must hold

We have 2 Important news release today:

  • UK Retail Sales: buy Gbp/Usd if 1.2% or above while sell if 0.6% or below

  • US Existing Home Sales: buy Usd/Chf & Usd/Jpy if 5.50M and above while Buy Euro/Usd & Gbp/Usd if 4.90M or below, vice versa for sell

Have A Great Trading Day