Forex Buy & Sell Trading Signals

And by the way, would be nice if one could also add a fourth row for TP4.

That would be a really useful addition (as FMM likes to slip them in now and again). Also maybe add a boolean input parameter (sound true/false). Thanks kloworizer for this really useful tool.

Dave

sorry for the plingpling, i forget hubinator open so many charts so the plingpling sound come every second :smiley:

i edit the indicator, now the plingpling only show once per bar, add tp4 also :slight_smile:

fmm line v5.zip (12.3 KB)

Pls FMM, take note of the typo error with NZD/USD tp 1: As swing buy at 0.8220/30 with Tp1 at high 0.8135/40

fmm your the best, been following your signals for a few weeks and now read every post. Thankyou

Results 31.01.

USD/CHF
Signal: This pair is still on downtrend, retracement at 0.9180/90 & low at 0.9090/95. As breakout trading buy at 0.9180/90 with Tp1 0.9225/30 Tp2 0.9255/60 Tp3 0.9300/05, while as swing sell at 0.9180/90 with Tp1 0.9100/05 then 0.9070/75 then 0.9025/30
Trade: Two trades

  1. Short with almost touching the lower retracement line (2 pips shy) and then going down. No tp level hit, I think a good exit was at Support 1 @ 0.9132 for a profit of +50 pips.
  2. Long with breaking the retracement level upwards. High was slightly above Resistance 2 @ 0.9227 and then went down, so I rather count a profit of +10 pips for this trade (20 pips sl assumed)
    Overall: +60 pips

USD/JPY
Signal: This pair is still on downtrend, retracement at 76.65/70 & low at 76.20/25. As swing sell at 76.65/70 with Tp1 low at 76.20/25 Tp2 76.00/05 Tp3 75.85/90 Tp4 75.50/55(Buy), while as breakout buy at 76.65/70 with Tp1 76.75/80 Tp2 77.00/05 Tp3 77.20/25 Tp4 77.45/50
Trade: No trade

EUR/USD
Signal: This pair is still on uptrend, retracement at 1.3120/30. As swing buy at 1.3120/30 with Tp1 High at 1.3245/50 Tp2 1.3295/00 Tp3 1.3365/70, while as breakout sell at 1.3120/30 with Tp1 1.3040/45 Tp2 1.2995/00 Tp3 1.2915/20
Trade: Two trades

  1. Long with almost touching the upper retracement level and then going up but without hitting a tp level. High was slightly above Resistance 1 @ 1.3206, so taking into account a sl of 20 pips this trade was good for a profit of +50 pips.
  2. Short with breaking the retracement and hitting TP1 @ 1.3040/45 for a profit of +70 pips.
    Overall: +120 pips

GBP/USD
Signal: This pair is still on uptrend, retracement at 1.5680/90 & high at 1.5790/00. As swing buy at 1.5680/90 with Tp1 1.5755/60 Tp2 1.5775/80 Tp3 1.5795/00 High Tp4 1.5825/30, while as breakout sell at 1.5680/90 with Tp1 1.5645/50 Tp2 1.5615/20 Tp3 1.5580/85
Trade: No trade

USD/CAD
Signal: This pair is still on downtrend, retracement at 1.0030/40 & low at 0.9970/75. As swing sell at 1.0030/40 with Tp1 0.9980/85 Tp2 low at 0.9970/75 Tp3 0.9930/35, while as breakout buy at 1.0030/40 with Tp1 1.0065/70 Tp2 1.0090/95 Tp3 1.0110/15 Tp4 1.0145/50
Trade: Short with almost touching the lower retracement line and then going to to hit TP2 @ 0.9970/75 for a profit of +60 pips.


NZD/USD
Signal: This pair is still on uptrend, retracement at 0.8180/85. As breakout sell at 0.8180/85 with Tp1 0.8130/40 Tp2 0.8105/10 Tp3 0.8060/65, while as swing buy at 0.8180/85 with Tp1 0.8250/55 Tp2 high at 0.8275/85 Tp3 0.8315/20
Trade: Long with touching the upper retracement line and then going up. TP2 hit @ 0.8285 for a profit of +100 pips (beautiful trade!)


EUR/CHF
Signal: This pair is still on downtrend, retracement at 1.2055/60 & low at 1.2020/25(Buy). As swing sell at 1.2055/60 with Tp1 1.2030/35 Tp2 low at 1.2020/30 Tp3 1.2010/15, while as breakout buy at 1.2055/60 with Tp1 1.2065/70 Tp2 1.2075/80 Tp3 1.2090/95
Trade: Three possibilities to take a short trade as this rate would slightly cross the lower retracement line upwards but always bounced back to finally take the ride downwards and hit TP1 @ 1.2030/35 for a profit of +20 pips.


GBP/CHF
Signal: This pair is still on downtrend, retracement at 1.4405/10 & low at 1.4295/05. As swing sell at 1.4405/10 with Tp1 1.4335/40 Tp2 1.4310/15 Tp3 low at 1.4290/00 Tp4 1.4275/80, while as breakout buy at 1.4405/10 with Tp1 1.4445/50 Tp2 1.4465/70 Tp3 1.4510/15
Trade: Three trades

  1. Short with crossing the lower retracement line but without hitting a tp level. Low was @ 1.4368, so I rather count a profit of +10 pips for this trade.
  2. Three more possibilites to go short with the rate either slightly crossing the lower retracement line or touching it and then going down a little. But we only saw a little move as far as 10 pips before it would break the upper retracement line, so I count a loss of -10 pips for this trade.
  3. Long with breaking the retracement level upwards and perfectly hitting TP3 @ 1.4510 for a profit of +100 pips.
    Overall: +100 pips

EUR/GBP
Signal: This pair is still on uptrend but squeezed bt. resistance & support so weā€™ll trade it as breakout strategy. Buy at 0.8365/70 with Tp1 high at 0.8405/15 Tp2 0.8425/30 Tp3 0.8450/55, while sell at 0.8350/55 with Tp1 0.8330/35 Tp2 0.8315/20 Tp3 0.8285/90
Trade: Two trades

  1. Long with breaking the upper retracement line but without hitting a TP level. There was only a move of 15 pips before the rate would go down, so I rather count this one a break even trade.
  2. Short with breaking the retracement level in a strong downward move and hitting TP3 for a profit of +60 pips.

AUD/USD
Signal: This pair is still on uptrend, retracement at 1.0585/95. As breakout sell at 1.0585/95 with Tp1 1.0505/10 Tp2 1.0465/70 Tp3 1.0400/05, while as swing buy at 1.0585/95 with Tp1 high at 1.0680/90 Tp2 1.0715/20 Tp3 1.0780/85
Trade: Long with breaking the retracement level and hitting TP1 for a profit of +80 pips.


EUR/JPY
Signal: This pair is trying to base on downtrend, below 100.55/65 to target as sell order swing trading Tp1 99.45/50 Tp2 99.10/15 Tp3 98.25/30 while as breakout buy 100.55/65 with Tp1 101.45/50 Tp2 102.00/05 Tp3 High at 102.15/20 Tp4 102.60/65
Trade: Three trades

  1. Short with the rate slightly crossing the lower retracement line or bouncing against it (3 times) and then going down a little bit. No big move at all, so I rather count this one a break even trade.
  2. Long with breaking the retracement line but without hitting a tp level. High was close to 100.90, so there was enough space to move the sl to break even.
  3. Short with clearly breaking the retracement level in a strong downward movement. A couple of pips shy of hitting TP1. a good area to exit was @ 99.65/75, so I count a profit of +80 pips for this trade.
    Overall: +80 pips

GBP/JPY
Signal: This pair is also trying to base on downtrend today, below 120.25/35 as swing trading sell order targetting Tp1 119.20/25 Tp2 118.90/95 Tp3 118.25/30, while as brekout buy at 120.25/35 with Tp1 120.75/80 Tp2 121.15/20 Tp3 121.65/70.
Trade: Two trades

  1. Long with breaking the retracement level upwards, but only for a move of 25 pips, so I count this as a break even trade.
  2. Short with breaking the retracement line downwards, but here again only a move of 25-30 pips, so I rather count this a break even trade as well.

Valid trades:

USD/CHF = +60 pips
EUR/USD = +120 pips
USD/CAD = +60 pips
NZD/USD = +100 pips
EUR/CHF = +20 pips
GBP/CHF = +100 pips
EUR/GBP = +60 pips
AUD/USD = +80 pips
EUR/JPY = +80 pips
GBP/JPY = 0 pips

Result for today: +680 pips
January: +9.320 pips

Sorry hubinator didnā€™t mean any offenceā€¦ Jus found it funny. My apologies

No problem, didnā€™t take it as an offence. However, now with the new modified indicator everything is just fine. If only the rate would keep going my desired direction! GRRR:33:

After all, I think we have a good thread here with extremely good signals, analysis + tools to trade them. Iā€™m glad we managed to get back some live into that thread. Howā€™s everybody doing with the signals? Any results close to what I have posted?
Would be nice to get some feedback - Iā€™m still struggling to perfectly execute those signals. January we came close to breaking the 10 K pips performance, so I think thereā€™s enough potential to even make 1-2 k pips a month.

What a great start. Got stopped out on USD/CHF and NZD/USD. Strong advice - never ever enter trades during European pre-market conditions. Starting a trading day like this really sucks.

Usually there is a move and reversal between the Frankfurt open (7am UK time) and the London open (8am UK time) - itā€™s known as the Frankie Fake! Unless you are a skilled scalper and can scalp the Frankie Fake itā€™s best to stay out until London settles down around 8.15am UK time.

I usually make make 5 to 10 pips a day scalping the Frankie Fake on either GBP/USD or EUR/USD. The reversal usually takes place around 7.30am UK time (but can vary by a few minutes) - watch out for a spike.

You can never be certain whether it will reverse and then continue in the direction set by the Frankfurt open after London opens, or if it will keep reversing after London opens which is why it is best to wait for London to settle down between 8.15am and 8.30 UK time.

Tried scalping at that time few timesā€¦ In the end I jus gave up lol. Donā€™t more losing than winning

It takes an awful lot of screen time to become good at scalping - it did for me anyway!

Yeah I agree with uā€¦ Was a totally different thing in practice mode, not so easy wen thereā€™s actual money involved

Hello Traders,

Forex Signals & Analysis for 2nd Febaruary 2012:

Short Term Signals:

Usd/chf Buy at 0.9070/75 then 0.9035/40 then 0.8960/65, sell at 0.9255/60 then 0.9305/10 then 0.9360/65

Usd/Jpy Buy at 75.95/00 then 75.85/90 then 75.65/70, sell at 76.10/15 then 76.50/55 then 76.65/70

Euro/Usd Buy at 1.3010/15 then 1.2940/45 then 1.2855/60, sell at 1.3270/75 then 1.3325/30 then 1.3430/35

Gbp/Usd Buy at 1.5690/95 then 1.5630/35 then 1.5555/60, sell at 1.5935/40 then 1.5980/85 then 1.6080/85

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement at 0.9165/70. As swing sell at 0.9165/70 with Tp1 0.9070/75 Tp2 low at 0.9035/45 Tp3 0.8960/65, while as breakout buy at 0.9165/70 with Tp1 0.9255/60 Tp2 0.9305/10 Tp3 0.9360/65

Usd/Jpy This pair is still on downtrend, retracement at 76.35/40. As breakout buy at 76.35/40 with Tp1 76.10/15 Tp2 76.50/55 Tp3 76.65/70 Tp4 77.00/05, while as swing sell at 76.35/40 with Tp1 low at 75.95/00 Tp2 75.85/90 Tp3 75.65/70

Euro/Usd This pair is still on uptrend, retracement at 1.3140/45. As swing buy at 1.3140/45 with Tp1 1.3270/75 Tp2 1.3300/05 Tp3 1.3325/30 Tp4 1.3430/35, while as breakout sell at 1.3140/45 with Tp1 1.3010/15 Tp2 1.2940/45 Tp3 1.2855/60

Gbp/Usd This pair is still on uptrend, retracement at 1.5780/85. As swing buy at 1.5780/85 with Tp1 high at 1.5890/95 Tp2 1.5935/40 Tp3 1.5980/85 Tp4 1.6080/85, while as breakout sell at 1.5780/85 with Tp1 1.5690/95 Tp2 1.5630/35 Tp3 1.5555/60

Usd/Cad This pair is still on downtrend, retracement at 0.9995/05, As swing sell at 0.9995/05 with Tp1 low at 0.9935/40 Tp2 0.9910/15 Tp3 0.9865/70, while as breakout buy at 0.9995/05 with Tp1 1.0050/55 Tp2 1.0080/85 Tp3 1.0115/20

Nzd/Usd This pair is still on downtrend, retracement at 1.2045/50. As swing sell at 1.2045/50 with Tp1 low at 1.2025/30 Tp2 1.2015/20 Tp3 1.2000/05, while as breakout buy at 1.2045/50 with Tp1 1.2060/65 Tp2 1.2070 Tp3 1.2080/85

Gbp/Chf This pair is still on uptrend, retracement at 1,4455/65, would face first resistance at 1.4520/25. As swing buy at 1.4455/65 with Tp1 1.4520/25 Tp2 1.4570/75 Tp3 1.4610/15 Tp4 1.4670/75, while as breakout sell at 1.4455/65 with Tp1 1.4400/05 Tp2 1.4360/65 Tp3 low at 1.4300/10

Euro/Gbp This pair is still on downtrend, retracement at 0.8325/30. As swing sell at 0.8325/30 with Tp1 0.8265/70 Tp2 0.8250/55 Tp3 low at 0.8215/25, while as breakout buy at 0.8325/30 with Tp1 0.8350/55 Tp2 0.8370/75 Tp3 0.8400/05

Aud/Usd This pair is still on uptrend, retracement at 1.0660/70, As swing buy at 1.0660/70 with Tp1 high at 1.0775/80 Tp2 1.0795/00 Tp3 1.0840/45 Tp4 1.0940/45, while as breakout sell at 1.0660/70 with Tp1 1.0565/70 Tp2 1.0500/05 Tp3 1.0430/35

Euro/Jpy This pair is still on downtrend, retracement at 100.35/45. As breakout buy at 100.35/45 with Tp1 100.65/70 Tp2 101.10/15 Tp3 101.50/55 Tp4 high at 102.35/40, while as swing sell at 100.35/45 with Tp1 99.10/15 Tp2 98.60/65 Tp3 97.95/00

Gbp/Jpy This pair is still on downtrend, retracement at 120.60/70. As swing sell at 120.60/70 with Tp1 119.50/55 Tp2 118.95/00 Tp3 118.40/45, while as breakout buy at 120.60/70 with Tp1 121.40/45 Tp2 121.75/80 Tp3 high at 122.10/15 Tp4 122.60/65

Gold is still on uptrend, retracement at 1739/40. As swing buy at 1739/40 with Tp1 1755/56 Tp2 1760/61 Tp3 high at 1765/66 Tp4 1770/71, while as breakout sell at 1739/40 with Tp1 1730/31 Tp2 1723/24 Tp3 1715/16

Oil is still on downtrend, retracement at 98.20/25. As breakout buy at 98.20/25 with Tp1 99.30/35 Tp2 100.30/35 Tp3 101.10/15, while as swing sell at 98.20/25 with Tp1 low at 97.10/15 Tp2 96.20/25 Tp3 95.65/70 Tp4 94.20/25

We have 2 Important News Releases today for the Sterling & Dollar Currencies:

  • UK Construction PMI: Buy Gbp/Usd if 54 or above while sell if 50 or below

  • US Unemployment Claims: Buy Usd/Chf & Usd/Jpy if 350k or below while Buy Euro/Usd & Gbp/Usd if 390K or above

Also, Fed Chairman Ben Bernanke will testify, so it will be an important moment to focus at what new he might say other than his boring repeated words & maybe better if he shave his beard his press conferences will at least have something new for traders to talk aboutā€¦

Have A Great Trading Day

Thanks. Had been corrected at time

Thank you for the Great Compliment. Continue Reading then try your skills with my Daily Signals & Analysis on a demo account before going live and bankrupting all banks out thereā€¦

Not a basic. You may enter but on the right side for the big win while if you enter wrong it might hurt if not with tight SL or at worst our 50 pips strategy rule. Thatā€™s it. Or you join the move with a big profit or take SL 50 or tight pips.
The world will not finish at SL. Thereā€™s always other opportunities or even if you like to close a bad day, think of a new day as a new refresh for again Winningā€¦

This Method might be useful just in case you are scalping as you said but in other cases as here for Medium Term Daily Trading it will loose you all the main move of pairs.

Anyway, itā€™s all about your trading style, if you perfect it well done. You can use my Short Term Signals to add to your scalping strategy if you like.

Nobody is lightening at this strategy Great Achievements, recently(2 past days) was the success with Euro/Usd buy at 1.3040/45 and it was exactly the low for that day.

So scalping traders or even newbies who like to take quick profit from the markets will find it very useful for their trading styleā€¦

Good Luck

hello everyoneā€¦im new in forex world and i search in all forex sites that i found it by google but when i see this topic i confuse coz its looking for the first look like analays but when i see the result i know that this is signals ā€œi hope im not wrongā€ ā€¦

i didnt understand the way hereā€¦so if some one can explain to me how i can apply this way in my account or if the owner of this topic have demo account i hope he can give me the visitor password to see how its workā€¦ Iā€™m sorry if i bothered someone with my request and I hope that someone will help me and explain to meā€¦thanx

Please, can somebody in the house tell me when usd is going to rise again?