Forex Buy & Sell Trading Signals

[ForexMoneyMaker]

@kloworizer

hi FMM, i follow your daily signal from last week and make some nice pips from it
thanks to you, i hope you will continue your good work

i try to create a custom indicator for MT4 platform based on your signal

fmm line.zip (7.78 KB)

Thanks for the Great Effort Kloworizer.

I just tried the indicator but after entering the numbers, seem as if nothing get plot at chart.

Do you have any clues regarding that?

[ForexMoneyMaker]

Hi ffm/ anyone,
I’ve just started read your medium trading tips … Am I correct in say that the prices u give all I got to do is draw lines on them and wait for the break out and retracement? And set profit targets?
Thanks

You are exactly correct, That’s True

[agent007uk]

I just tried the indicator but after entering the numbers, seem as if nothing get plot at chart.

Do you have any clues regarding that?

Hi FMM, You need to enter the prices as whole numbers (example 15680 for GBP/USD and NOT 1.5680)

Also make sure the colour of the lines is correct for your charts to be visible clearly.

Its a good indicator - named in your honour.

Dave

[ForexMoneyMaker]

FMM, you have now joined joined the ‘Elite Trader Club’ - you now have an indicator named in your honour.
Well done.

Dave

That’s Great Dave:35:. But where do I cash it…LOL

By the way, is there an official link to the site?

Thanks to all traders making the extra effort to better lighten at my Daily Signals & Analysis.

[ForexMoneyMaker]

Hi FMM, You need to enter the prices as whole numbers (example 15680 for GBP/USD and NOT 1.5680)

Also make sure the colour of the lines is correct for your charts to be visible clearly.

Its a good indicator - named in your honour.

Dave

Oh Okay, I understand or on the way to…lol

Thanks to all who combined the effort to create this indicator.

Enjoy Trading Dave

[kloworizer]

@Hubinator

How does this indicator work? I just tested it and inserted a value for sell breakout Tp1 but I don’t see any line.

@Hubinator

@ kloworizer,

your indicator is exactly the tool I have been looking for for so long. If you have programming skills - or anybody else out here - maybe you can make it work like the indicator I have attached. Maybe you can combine them or just use parts of them.

I’d be very thankful if we could get something together that would allow to insert the rates from FMMs signals and then click the OK button and have all the lines displayed on the chart. Would be perfect if there was also an acoustic alert + message box as in my indicator.

@ForexMoneyMaker

Thanks for the Great Effort Kloworizer.

I just tried the indicator but after entering the numbers, seem as if nothing get plot at chart.

Do you have any clues regarding that?

@agent007uk

Hi FMM, You need to enter the prices as whole numbers (example 15680 for GBP/USD and NOT 1.5680)

Also make sure the colour of the lines is correct for your charts to be visible clearly.

Its a good indicator - named in your honour.

Dave

thanks everybody, sorry to mention earlier, yes i create input price without decimal, just to make it quick
for now it doesn’t work with JPY pair, i will work that

= edit =

here it is fmm line v3.zip (10.9 KB)

-jpypair = false if pair not JPY, true if include JPY ex USDJPY
-input price without decimal
-highlow1 & highlow2 only used when FMM signal mention high / low
-alert and sound when price == line

[overmio]

Hi to all, I’m very impressed, you guys are just amazing! I’m new on trading forex, but this thread teached me a lot! I want to start for real, but I don’t know a good broker, even the best way to withdraw the money. If you can help me on this, I appreciate!! Sorry my bad english, I will try to improve it!

Best regards for all, and keep going the real and good work!

Martins

[Hubinator]

Results 30.01.

USD/CHF
Signal: This pair is still on downtrend, retracement at 0.9175/85 & low at 0.9100/05. As breakout trading buy at 0.9175/85 with TP1 0.9220/25 Tp2 0.9270/75 Tp3 0.9310/15 while as swing sell at 0.9175/85 with Tp1 low at 0.9100/05 Tp2 0.9065/70 Tp3 0.9035/40 Tp4 0.8965/70.
Trade: Long with breaking the retracement level but not hitting a TP level, so I count this a break even trade.

USD/JPY
Signal: This pair is on downtrend, retracement at 76.95/05 & low at 76.35/40. As breakout buy at 76.95/05 with Tp1 77.40/45 Tp2 77.75/80 Tp3 78.05/10, while as swing sell at 76.95/05 with Tp1 low at 76.35/40 Tp2 76.25/30 Tp3 76.05/10 Tp4 75.50/55(Buy Buy buy).
Trade: No trade

EUR/USD
Signal: This pair is still on uptrend, retracement at 1.3140/50 and high at 1.3250/55. As breakout trading sell at 1.3140/50 with Tp1 1.3080/85 Tp2 1.3020/25 Tp3 1.2960/65, while as swing trading buy at 1.3140/50 with Tp1 at high 1.3250/55 Tp2 1.3295/00 Tp3 1.3330/35 Tp4 1.3430/35.
Trade: Short with breaking the retracement level and hitting TP1 for a profit of +60 pips.

GBP/USD
Signal: This pair is still on uptrend, retracement at 1.5680/90 & high 1.5780/90. As breakout trading sell at 1.5680/90 with Tp1 1.5640/45 Tp2 1.5600/05 Tp3 1.5565/70, while as swing buy at 1.5680/90 with Tp1 high at 1.5780/90 Tp2 1.5800/05 Tp3 1.5860/65.
Trade: There were three trades fro this pair:

1. Short with breaking the retracement level but without hitting a tp level. Low @ 1.5655, so I count this as a break even trade.
2. Long with breaking the retracement lines upwards, but only for a move of 23 pips, so here again rather a break even trade.
3. Short again with breaking the retracement level, but only reaching the same low as in the first short trade, so no gain at all.

USD/CAD
Signal: This pair is still on downtrend, retracement at 1.0030/40 & low at 0.9980/85. As swing sell at 1.0030/40 with Tp1 low at 0.9975/85 Tp2 0.9960/65 Tp3 0.9935/40, while as breakout buy at 1.0030/40 with Tp1 1.0050/55 Tp2 1.0065/70 Tp3 1.0095/00.
Trade: Long with breaking the retracement level and hitting TP2 for a profit of +20 pips. Later there was a second chance for the same profit, so I count +20 pips for this pair.

NZD/USD
Signal: This pair is still on uptrend, retracement at 0.8190/00 & high at 0.8270/80. As swing buy at 0.8190/00 with Tp1 low at 0.8270/75 Tp2 0.8285/90 Tp3 0.8325/30, while as breakout sell at 0.8190/00 with Tp1 0.8165/70 Tp2 0.8140/45 Tp3 0.8120/25
Trade: Two trades for this pair:

1. Long with slightly crossing the upper retracement line and then going up but only for a move of 15 pips, so I count this one rather as a break even trade.
2. Short with breaking the lower retracement line and hitting TP1 for a profit of +20 pips. Later there was a second chance to go short for about the same profit.

EUR/CHF
Signal: This pair is still on downtrend with overall sideways movement, retracement at 1.2070/75 & low at 1.2025/30, but 1.2050 must form a strong support. As breakout trading buy at 1.2070/75 with Tp1 at 1.2085/90 Tp2 1.2095/00 Tp3 1.2110/15, while as swing sell at 1.2070/75 with Tp1 1.2040/45 Tp2 1.2035/40 Tp3 1.2020/30.
Trade: No trade

[Hubinator]

GBP/CHF
Signal: This pair is still on downtrend, retracement at 1.4390/00 & low at 1.4300/10. As swing trading sell at 1.4390/00 with Tp1 low at 1.4300/10 Tp2 1.4270/75 Tp3 1.4235/40, while as breakout buy at 1.4390/00 with Tp1 1.4475/80 Tp2 1.4540/45 Tp3 1.4595/00.
Trade: Long with breaking the retracement level but without hitting a TP level. I count this as a break even trade as there had been several chances to get out at no loss/gain.

EUR/GBP
Signal: This pair is still on uptrend, retracement at 0.8375/80 & high at 0.8415/20. As breakout sell at 0.8375/80 with Tp1 0.8340/45 Tp2 0.8310/15 Tp3 0.8285/90 while as swing buy at 0.8375/80 with Tp1 high at 0.8415/20 Tp2 0.8435/40 Tp3 0.8450/55 Tp4 0.8495/00.
Trade: Buy with the rate slightly crossing the upper retracement line and then going up. No TP level hit, high around 0.8396 (+16 pips), so I count this as a break even trade.
Later short with crossing the retracement lines to the downside. 5 pips shy of hitting TP1, a good exit was at Support 1 @ 0.8354 for a profit of +20 pips.

AUD/USD
Signal: This pair is still on uptrend, retracement at 1.0605/10 & high at 1.0680/90. As swing trading buy at 1.0605/10 with Tp1 high at 1.0685/95 Tp2 1.0715/20 Tp3 1.0760/65, while as breakout sell at 1.0605/10 with Tp1 1.0590/95 Tp2 1.0560/65 Tp3 1.0530/35.
Trade: Short with breaking the retracement lines and hitting TP3 for a profit of +70 pips

EUR/JPY
Signal: This pair is still on uptrend, retracement at 101.15/25 & high at 102.30/40. As swing trading buy at 101.15/25 with Tp1 101.85/90 Tp2 102.10/15 Tp3 high at 102.30/40 Tp4 102.70/75, while as breakout trading sell at 101.15/25 with Tp1 100.55/60 Tp2 100.15/20 Tp3 99.75/80.
Trade: Short with breaking the retracement level and hitting TP2 @ 100.15/20 for a profit of +100 pips.

GBP/JPY
Signal: This pair is mainly still on uptrend basis but squeezed bt. a price range of resistance & support, so we’ll trade it today as possible breakout at both sides: buy at 120.75/85 with Tp1 121.70/75 Tp2 high at 121.95/00 Tp3 122.25/30 Tp4 123.00/05, while sell at 120.10/15 with Tp1 119.55/60 Tp2 119.10/15 Tp3 118.25/30.
Trade: Short with breaking the retracement level and hitting TP1 for a profit of +50 pips.

Valid trades:

USD/CHF = 0 pips
EUR/USD = +60 pips
GBP/USD = 0 pips
USD/CAD = +20 pips
NZD/USD = +20 pips
GBP/CHF = 0 pips
EUR/GBP = +20
AUD/USD = +70
EUR/JPY = +100 pips
GBP/JPY = +50 pips

Result for today: +340 pips
January: +8.640 pips

[kloworizer]

@Hubinator
wow, how can you watch all that pairs you must have very large LCD monitor JK

[Hubinator]

Just watching and making screenshots is no problem at all - but trading several pairs at the same time:-)

[Hubinator]

Can someone tell me how I can change the lines of that new indicator? I don’t want dotted lines and I’d like to have them a little bit thicker.

[kloworizer]

Can someone tell me how I can change the lines of that new indicator? I don’t want dotted lines and I’d like to have them a little bit thicker.

open the .mq4 file
replace every OBJPROP_STYLE,STYLE_DASH with OBJPROP_STYLE,STYLE_SOLID

to change width
add ObjectSet(“lbreaktp3”,OBJPROP_WIDTH,2); to every line under ObjectSet(“lbreaktp3”,OBJPROP_STYLE,STYLE_DASH);

edit

you can use OBJPROP_WIDTH or OBJPROP_SCALE

[Hubinator]

Can’t find the style parameter. Well, have to admit I’m pretty helpless with all that MQL language.

[kloworizer]

@Hubinator

Can’t find the style parameter. Well, have to admit I’m pretty helpless with all that MQL language.

here fmm line v4.zip (11.1 KB)

[Hubinator]

@ kloworizer,

thanks alot. [B]BUT[/B] either I must be totally stupid, blind or whatever - I just don’t see from your code where and how you did the modification? Would you mind to tell me? I’m always interested to learn.

Thanks

[Hubinator]

Thanks for this nice indicator, but I really need to know how to turn off the acoustic alert. I go crazy with all the “pling pling” every second.

[SHAZ1507]

Thanks for this nice indicator, but I really need to know how to turn off the acoustic alert. I go crazy with all the “pling pling” every second.

Lmao ur too funny

[Hubinator]

Hey, don’t laugh at me:-) I’m dead serious! Went to my kitchen across my home office to get me a cup of coffee and take a brake. I had the headphones plugged in and even in my kitchen I could hear that pling pling. It was extremely getting on my nerves. How am I supposed to concentrate with such a tool? Couldn’t remove the alert so I had to remove the whole indicator and replace it until someone helps me out with this stuff. And by the way, would be nice if one could also add a fourth row for TP4.

[ForexMoneyMaker]

Hello Traders,

Forex Signals & Analysis for 1st Feb. 2012:

Short Term Signals:

Usd/Chf Buy at 0.9115/20 then 0.9075/80 then 0.9030/35, sell at 0.9260/65 then 0.9285/90 then 0.9345/50

Usd/Jpy Buy at 76.05/10 then 76.00/05 then 75.85/90, sell at 76.40/45 then 76.50/55 then 76.65/70

Euro/Usd Buy at 1.2985/90 then 1.2940/45 then 1.2840/45, sell at 1.3220/25 then 1.3285/90 then 1.3355/60

Gbp/Usd Buy at 1.5685/90 then 1.5650/55 then 1.5605/10, sell at 1.5820/25 then 1.5845/50 then 1.5900/05

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend but trying today to change this view, squeezed bt. resistance & support, above 0.9230/40 to change the view as buy order targetting Tp1 0.9260/65 Tp2 0.9285/90 Tp3 0.9345/50,
while below 0.9190/95 to keep downtrend as sell order targetting Tp1 0.9115/20 Tp2 low at 0.9070/80 Tp3 0.9030/35

Usd/Jpy This pair is still on downtrend, retracement at 76.45/50, as breakout buy at 76.45/50 with Tp1 76.65/70 Tp2 76.95/00 Tp3 77.10/15,
while as swing sell at 76.45/50 with Tp1 low at 76.05/10 Tp2 76.00/05 Tp3 75.85/90

Euro/Usd This pair is still on uptrend but looking to change this view today by being squeezed bt. resistance & support, below 1.3065/70 as sell order to target Tp1 1.2985/90 Tp2 1.2940/45 Tp3 1.2840/45,
while above 1.3100/05 to keep uptrend as buy order toward Tp1 1.3220/25 Tp2 1.3285/90 Tp3 1.3355/60

Gbp/Usd This pair is still on uptrend, retracement at 1.5720/30, as breakout sell at 1.5720/30 with Tp1 1.5685/90 Tp2 1.5650/55 Tp3 1.5605/10, while as swing buy at 1.5720/30 with Tp1 at high 1.5820/25 Tp2 1.5845/50 Tp3 1.5900/05

Usd/Cad This pair is still on downtrend, retracement at 1.0030/40, as swing sell at 1.0030/40 with Tp1 at low 0.9955/60 Tp2 0.9925/30 Tp3 0.9885/90, while as breakout buy at 1.0030/40 with Tp1 1.0075/80 Tp2 1.0100/05 Tp3 1.0150/55 Tp4 1.0190/95

Nzd/Usd This pair is still on uptrend, retracement at 0.8220/30. As swing buy at 0.8220/30 with Tp1 at high 0.8335/40 Tp2 0.8365/70 Tp3 0.8435/40, while as breakout sell at 0.8220/30 with Tp1 0.8170/75 Tp2 0.8125/30 Tp3 0.8075/80

Euro/Chf This pair is still on downtrend, retracement at 1.2045/50. As breakout buy at 1.2045/50 with Tp1 1.2060/65 Tp2 1.2070/75 Tp3 1.2085/90 while as swing sell at 1.2045/50 with Tp1 at low 1.2020/25(buy) Tp2 1.2010/15(buy) Tp3 1.1995/00(buy)

Gbp/Chf This pair is on uptrend basis today, retracement at 1.4450/60, as swing buy at 1.4450/60 with Tp1 1.4535/45 Tp2 1.4585/90 Tp3 1.4625/30 Tp4 1.4720/25, while as swing sell at 1.4450/60 with Tp1 1.4365/70 Tp2 low at 1.4300/10 Tp3 1.4235/40

Euro/Gbp This pair is on downtrend basis today, retracement at 0.8325/35, as breakout buy at 0.8325/35 with Tp1 0.8385/90 Tp2 0.8425/30 Tp3 0.8465/70 while as swing sell at 0.8325/35 with Tp1 at 0.8240/45 Tp2 low at 0.8215/20 Tp3 0.8155/60

Aud/Usd This pair is still on uptrend, retracement at 1.0610/15, as breakout sell at 1.0610/15 with Tp1 1.0550/55 Tp2 1.0515/20 Tp3 1.0460/65, while as swing buy at 1.0610/15 with Tp1 1.0695/00 Tp2 at high 1.0725/35 Tp3 1.0785/90

Euro/Jpy This pair is still on downtrend from yesterday, retracement at 100.25/35, as breakout buy at 100.25/35 with Tp1 100.55/60 Tp2 100.85/90 Tp3 101.40/45 Tp4 101.90/95, while as swing sell at 100.25/35 with Tp1 99.00/05 Tp2 98.70/75 Tp3 97.90/95

Gbp/Jpy This pair is still on downtrend, retracement at 120.30/40, as breakout buy at 120.30/40 with Tp1 120.75/80 Tp2 121.00/05 Tp3 121.45/50, while as swing sell at 120.30/40 with Tp1 119.55/60 Tp2 119.30/35 Tp3 118.85/90

Gold is still on uptrend, retracement at 1731/32, as breakout sell at 1731/32 with Tp1 1722/23 Tp2 1715/16 Tp3 1704/05, while as swing buy at 1731/32 with Tp1 at high 1751/52 Tp2 1758/59 Tp3 1769/70

Oil is still on downtrend, retracement at 98.95/00, as swing sell at 98.95/00 with Tp1 low at 97.75/80 Tp2 96.50/55 Tp3 95.65/70, while as breakout buy at 98.95/00 with Tp1 101.15/20 Tp2 102.55/60 Tp3 103.85/90

We have Important News Releases today for the Swiss Franc, Sterling & Dollar Currencies:

• CHF Retail Sales: Buy Usd/Chf Gbp/Chf Euro/Chf if 1.04% or below while sell if 1.8% or above

• UK Manufacturing PMI: Buy Gbp/Usd if 52 or above while sell if 48 or below

• US ADP Non-Farm Employment Change: Buy Usd/Chf & Usd/Jpy if 200K or above while Buy Euro/Usd & Gbp/Usd if 170K or below

• US ISM Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 56 or above while Buy Euro/Usd & Gbp/Usd if 52 or below

With Euro/Chf nearing the SNB 1.20 Peg & Usd/Jpy nearing historic low at 75.50/55 and clear warning by BOJ Azumi of Intervention if Usd/Jpy keep same current momentum where below 76 espeically around previous low 75.50/55 and at 75 barrier, Mr. Azumi will prepare his buddies to start printing billions of yen.
I advice traders who like to take part of this rare possibility that occur from time to time, Buy Euro/Chf at any of my mentioned buy signals in this pair analysis while also Buy Usd/Jpy at such buy signals found in its analysis or bt. 75-76. Not bad try to pick a strong intervention move and if you do your work right with Good Money Management you can keep holding your order/s for sometime before BOJ or/& SNB press the Gold Money Trigger.
Remember, you are trading with the Central Banks not some Hedge funs(even if big ones) that send those pairs downeard to test the Central Banks Determination then they end crying with their clients & complaining to the US Officials about unfair actions by BOJ & SNB recently after many clear warnings that had happened by both Central Banks before the Intervention become a Reality.
It will be Great if both BOJ & SNB combine their efforts and we’ll all be in no need for this thread anymore, but sitting at some beach as Hawaii or Sao Paolo…LOL

Have A Great Trading Day