Forex Buy & Sell Trading Signals

Commercial Content Trading Signals
732

Hello Traders,

Forex Signals & Analysis for 7th February 2012:

Short Term Signals:

Usd/Chf Buy at 0.9140/45 then 0.9120/25 then 0.9070/75, sell at 0.9255/60 then 0.9290/95 then 0.9320/25

Usd/Jpy Buy at 76.35/40 then 76.25/30 then 76.10/15, sell at 76.75/80 then 76.90/95 then 77.00/05

Euro/Usd Buy at 1.3030/35 then 1.2985/90 then 1.2940/45, sell at 1.3185/90 then 1.3210/15 then 1.3280/85

Gbp/Usd Buy at 1.5725/30 then 1.5685/90 then 1.5640/45, sell at 1.5880/85 then 1.5905/10 then 1.5975/80

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend started successfully yesterday to end the day mixed to the start point with Greece bailout rumors that will never end…
Retracement at 0.9175/85. As Swing Trading Buy at 0.9175/85 with Tp1 0.9255/60 Tp2 0.9290/95 Tp3 0.9320/25 while as Breakout sell at 0.9175/85 with Tp1 0.9140/45 Tp2 0.9120/25 Tp3 0.9070/75 Tp4 at low 0.9015/20

Usd/Jpy This pair is still moving sideways, we’ll trade it as 2 way breakouts. Sell at 76.50/55 with Tp1 76.35/40 Tp2 76.25/30 Tp3 76.10/15 Tp4 at low 75.95/00, while buy at 76.65/70 with Tp1 76.75/80 Tp2 76.90/95 Tp3 77.00/05

Euro/Usd This pair is still on downtrend, retracement at 1.3130/40. As Breakout Trading, Buy at 1.3130/40 with Tp1 1.3185/90 Tp2 1.3210/15 Tp3 1.3280/85 Tp4 at High 1.3340/50, while as Swing sell at 1.3130/40 with Tp1 1.3030/35 Tp2 1.2985/90 Tp3 1.2940/45

Gbp/Usd This pair is still on uptrend, retracement at 1.5800/05. As Swing Buy at 1.5800/05 with Tp1 1.5880/85 Tp2 1.5905/10 Tp3 at High 1.5975/80, as breakout sell at 1.5800/05 with Tp1 1.5725/30 Tp2 1.5685/90 Tp3 1.5640/45

Usd/Cad This pair is still on downtrend, retracement at 0.9965/75. As Swing sell at 0.9965/75 with Tp1 0.9910/15 Tp2 at low 0.9890/00 Tp3 0.9855/60, while as breakout buy at 0.9965/75 with Tp1 1.0000/05 Tp2 1.0020/25 Tp3 1.0055/60

Nzd/Usd This pair is still on uptrend, retracement at 0.8320/25. As Swing buy at 0.8320/25 with Tp1 0.8370/75 Tp2 0.8385/90 Tp3 at High 0.8420/30, while as breakout sell at 0.8320/25 with Tp1 0.8280/85 Tp2 0.8260/65 Tp3 0.8235/40

Euro/Chf This pair is still on uptrend, retracement at 1.2060/65. As Swing trading buy at 1.2060/65 with Tp1 1.2075/80 Tp2 1.2085/90 Tp3 1.2095/00 while as breakout sell at 1.2060/65 with Tp1 1.2045/50 Tp2 1.2035/40 Tp3 at low 1.2025/30

Gbp/Chf This pair is still on uptrend, retracement at 1.4520/25. As Swing trading buy at 1.4520/25 with Tp1 1.4595/00 Tp2 at High 1.4625/35 Tp3 1.4655/60, while as breakout sell at 1.4520/25 with Tp1 1.4485/90 Tp2 1.4465/70 Tp3 1.4420/25

Euro/Gbp This pair is still on downtrend, retracement at 0.8300/05 & low at 0.8250/55. As Swing sell at 0.8300/05 with Tp1 0.8260/65 Tp2 0.8240/45 Tp3 0.8220/25 while as breakout buy at 0.8300/05 with Tp1 0.8320/25 Tp2 0.8335/40 Tp3 0.8360/65

Aud/Usd This pair is still on uptrend, retracement at 1.0710/20. As Swing buy at 1.0710/20 with Tp1 1.0780/85 Tp2 1.0810/15 Tp3 at High 1.0845/55, while as breakout sell at 1.0710/20 with Tp1 1.0670/75 Tp2 1.0640/45 Tp3 1.0595/00 Tp4 1.0530/40

Euro/Jpy This pair is still on downtrend, retracement at 100.65/75. As Swing sell at 100.65/75 with Tp1 99.85/90 Tp2 99.55/60 Tp3 99.25/30 while as breakout buy at 100.65/75 with Tp1 100.85/90 Tp2 101.05/10 Tp3 101.50/55

Gbp/Jpy This pair is still on uptrend, retracement at 120.85/90. As Swing trading Buy at 120.85/90 with Tp1 11.50/55 Tp2 121.70/75 Tp3 122.15/20 Tp4 122.50/60 while as breakout sell at 120.85/90 with Tp1 120.45/50 Tp2 120.15/20 Tp3 119.80/90

Gold is on downtrend basis today, retracement at 1726/27 Buy as breakout at 1726/27 with Tp1 1730/31, above here is to Tp2 1739/40 Tp3 1749/50 Tp4 1760/61, while as swing sell at 1726/27 with Tp1 1704/05 Tp2 1696/97 Tp3 1682/83

Oil is still on downtrend, retracement at 97.30/35. As Swing sell at 97.30/35 with Tp1 low at 96.30/35 Tp2 96.10/15 Tp3 95.60/65 Tp4 94.95/00 while as breakout Buy at 97.30/35 with Tp1 98.00/05 Tp2 98.45/50 Tp3 99.15/20

We have Important News Releases today for the Australian Dollar, Swiss Franc, Canadian Dollar, & Dollar:

  • AUD RBA Rate Decision & Statement: Buy Aud/Usd if rate is kept at 4.25% or/& language used in statement is Hawkish while sell if rate decreased as expected to 4.00% or/& Statement is Dovish.

  • CHF Foreign Currency Reserves: Buy Euro/Chf Gbp/Chf Usd/Chf if 260B or above while sell if 240B or below

  • SNB Vice Chairman & possible New Chairman Jordan Talks: I expect all Chf pairs to have a Good Spike with this Man comments released since this guy is who lead in adapting the 1.20 peg that is known as his baby and who always assure that the peg will be defended with “Utmost Determination & Unlimited Quantity of foreign currencies”

  • CAD Building Permits: Buy Usd/Cad below 0% while sell if 0.4% or above

  • US Fed Chairman Bernanke Testify: Yes, don’t be too happy it’s Mr. Genius Man again who’ll be the focus of all traders to see what new he’ll going to say if anything Real Important is left…

***Take Care & Stay Focus Traders in current market bad conditions due to Greece Bailout Story that is not clear when will be it’s final chapter, each day solution is dragged to a another new day.
So, keep SL tight for any sudden mad movement by the market if Greece bailout is announced at anytime, you never know what might be the first surprise reaction by the market despite that it seems an up spike as had been with rumors coming out from many past days & few weeks you see Euro/Usd and the rest pairs vs dollar currency ending the day at high price after a good fall at start and middle of day, as if there’s determination to keep current trends alive vs the dollar.
What this can be named if some conspiracy or not against the dollar, Well let the Fed & US Officials decide that…
Clear Example was Euro/Usd pair yesterday with a Nice successful start of downtrend but just to finish the day at start price despite kept at downtrend under retracement but still near and with any mad movement like a spike everything is possible with the bailout rumors continuing…
Also, Take note of Aussie possible collapse against all currencies if RBA rate decision(around 4 hours from now) of cutting rates & dovish statement becomes reality, ending consistent many past days & weeks of powerful upward movement.

Have A Great Trading Day

733

Results 06.02.

USD/CHF
Signal: This pair is basing on uptrend today, retracement at 0.9185/90. As swing trading buy at 0.9185/90 with Tp1 0.9250/55 Tp2 0.9285/90 Tp3 0.9335/40, while as breakout sell at 0.9185/90 with Tp1 0.9105/10 Tp2 0.9070/75 Tp3 0.9015/20
Trade: Long with touching the upper retracement line and then going up to hit TP1 for a profit of +60 pips.

usdchf.jpg700×343 37.2 KB

USD/JPY
Signal: This pair is still moving sideways & low at 75.95/00, buy at 76.75/80 with Tp1 76.90/85 Tp2 77.05/10 Tp3 77.40/45, while sell at 76.45/50 with Tp1 76.10/15 Tp2 75.85/90 Tp3 75.60/65
Trade: No trade

EUR/USD
Signal: This pair is basing on downtrend today, retracement at 1.3125/35. As swing sell at 1.3125/35 with Tp1 1.3050/55 Tp2 1.3000/05 Tp3 1.2940/45, while as breakout buy at 1.3125/35 with Tp1 1.3235/40 Tp2 1.3275/80 Tp3 High at 1.3350/55
Trade: Short with breaking the retracement level and hitting TP1 for a profit of +70 pips.

eurusd.jpg700×343 36.3 KB

GBP/USD
Signal: This pair is still on uptrend, retracement at 1.5795/00. As swing buy at 1.5795/00 with Tp1 1.5880/85 Tp2 High at 1.5915/20 Tp3 1.5975/80, while as breakout sell at 1.5795/00 with Tp1 1.5730/35 Tp2 1.5695/00 Tp3 1.5640/45
Trade: Two trades

  1. Short with breaking the retracement level and hitting TP1 for a profit of +60 pips.
  2. Long with breaking the retracement level upwards but without hitting a TP level. Rate was between 1.5820/30 at the end of the trading day, so one could have closed this trade with a profit of +20 pips.
    Overall: +80 pips
    gbpusd.jpg700×343 36.3 KB

USD/CAD
Signal: This pair is still on downtrend, retracement at 0.9965/75. As swing sell at 0.9965/75 with Tp1 low at 0.9900/10 Tp2 0.9880/85 Tp3 0.9855/60 Tp4 0.9785/90, while as breakout buy at 0.9965/75 with Tp1 1.0025/30 Tp2 1.0065/70 Tp3 1.0105/10
Trade: Two trades

  1. Long with breaking the retracement level but only
  2. Short with breaking the retracement level, but again only for a move of around 20 pips, so here as well rather a break even trade.
    Overall: 0 pips
    usdcad.jpg700×343 33.8 KB

734

NZD/USD
Signal: This pair is still on uptrend, retracement at 0.8315/20. As swing buy at 0.8315/20 with Tp1 0.8400/05 Tp2 High at 0.8420/30 Tp3 0.8475/80 while as breakout sell at 0.8315/20 with Tp1 0.8290/95 Tp2 0.8255/60 Tp3 0.8220/25
Trade: Two trades

  1. Short with breaking the retracement level and hitting TP1 for a profit of +20 pips.
  2. Long with breaking the retracement level but only for a move of 20 pips, so this was rather a break even trade.
    Overall: +20 pips
    nzdusd.jpg700×343 38.4 KB

EUR/CHF
Signal: This pair is on uptrend today, retracement at 1.2060/65. As swing buy at 1.2060/65 with Tp1 1.2095/00 Tp2 1.2100/05 Tp3 1.2125/30, while as breakout sell at 1.2060/65 with Tp1 1.2045/50 Tp2 low at 1.2030/34 Tp3 1.2015/20
Trade: Two trades

  1. Short with breaking the retracement level, but only for a move of less than 10 pips, so rather a break even trade.
  2. Long with breaking the retracement level upwards, but only for a move of 10 pips, so again rather a break even trade.
    Overall: 0 pips
    eurchf.jpg700×343 35.2 KB

GBP/CHF
Signal: This pair is still on uptrend, retracement at 1.4500/10. As swing buy at 1.4500/10 with Tp1 1.4570/75 Tp2 1.4595/00 Tp3 1.4650/55, while as breakout sell at 1.4500/10 with Tp1 1.4440/45 Tp2 1.4405/10 Tp3 1.4360/65
Trade: No trade

EUR/GBP
Signal: This pair is still on downtrend, retracement at 0.8305/10. As swing sell at 0.8305/10 with Tp1 0.8280/85 Tp2 0.8265/70 Tp3 0.8240/45 while as breakout buy at 0.8305/10 with Tp1 0.8350/55 Tp2 0.8365/70 Tp3 0.8390/95
Trade: Short with breaking the retracement level and hitting TP2 for a profit of +40 pips.

eurgbp.jpg700×343 39 KB

AUD/USD
Signal: This pair is still on uptrend, retracement at 1.0720/25. As breakout sell at 1.0720/25 with Tp1 1.0665/70 Tp2 1.0620/25 Tp3 1.0570/75, while as swing buy at 1.0720/25 with Tp1 High at 1.0830/40 Tp2 1.0865/70 Tp3 1.0935/40
Trade: Four trades

  1. Short with breaking the retracement level, but only for a move of 10 pips, so I rather count a loss of –10 pips here as later the rate broke upwards.
  2. Long with breaking the retracement level upwards, but only for a couple of pips, so here again a loss of –10 pips.
  3. Short with breaking downwards for a move of 35 pips, so here a profit of +10 pips.
  4. Long with breaking upwards for a move of 20 pips, so here rather a break even trade.
    Overall: -10 pips.
    audusd.jpg700×343 34.5 KB

735

EUR/JPY
Signal: This pair is still on downtrend, retracement at 100.75/85. As swing sell at 100.75/85 with Tp1 99.95/00 Tp2 99.55/60 Tp3 99.20/25 while as breakout buy at 100.75/85 with Tp1 101.25/30 Tp2 101.45/50 Tp3 102.05/10
Trade: No trade

GBP/JPY
Signal: This pair is on uptrend basis today, retracement at 120.80/85. As swing buy at 120.80/85 with Tp1 121.55/60 Tp2 121.80/85 Tp3 122.40/45 while as breakout sell at 120.80/85 with Tp1 120.25/30 Tp2 119.85/90 Tp3 119.50/55
Trade: Three trades

  1. Long with touching the lower retracement level and then going up. Only a move of about 30 pips, so this trade was good for a profit of +10 pips.
  2. Short with breking the retracement level for a move of max. 35 pips in a spike, so I count a profit of +10 pips here.
  3. Long with breaking upwards for a move of 35 pips that was good for a profit of +10 pips.
    Overall: +30 pips.
    gbpjpy.jpg700×343 38.9 KB

Valid trades:

USD/CHF = +60 pips
EUR/USD = +70 pips
GBP/USD = +80 pips
USD/CAD = 0 pips
NZD/USD = +20 pips
EUR/CHF = 0 pips
EUR/GBP = +40 pips
AUD/USD = -10 pips
GBP/JPY = +30 pips

Today: +290 pips
February: +1.770 pips

736

Hello Traders,

Forex Signals & Analysis for 8th February 2012:

Short Term Signals:

Usd/Chf Buy at 0.9055/60 then 0.9030/35 then 0.8955/60, sell at 0.9215/20 then 0.9265/70 then 0.9305/10

Usd/Jpy Buy at 76.40/45 then 76.25/30 then 76.05/10, sell at 77.05/10 then 77.15/20 then 77.40/45

Euro/Usd Buy at 1.3100/05 then 1.3025/30 then 1.2960/65, sell at 1.3345/50 then 1.3385/90 then 1.3495/00

Gbp/Usd Buy at 1.5790/95 then 1.5745/50 then 1.5700/05, sell at 1.5950/55 then 1.5980/85 then 1.6055/60

Medium Term Daily Analysis:

Usd/Chf This pair reversed to downtrend, retracement at 0.9150/60. As swing trading sell at 0.9150/60 with Tp1 0.9055/60 Tp2 0.9030/35 Tp3 0.8995/05 Tp4 0.8955/60,
while as breakout buy at 0.9150/60 with Tp1 0.9215/20 Tp2 0.9265/70 Tp3 0.9305/10

Usd/Jpy This pair is still moving sideways, Buy at 76.60/65 with Tp1 77.05/10 Tp2 77.15/20 Tp3 77.40/45 while sell at 77.55/60 with Tp1 76.40/45 Tp2 76.25/30 Tp3 76.05/10 Tp4 low at 75.95/00

Euro/Usd This pair reversed to uptrend, retracement at 1.3190/00. As Swing buy at 1.3190/00 with Tp1 1.3345/50 Tp2 High at 1.3385/90 Tp3 1.3495/00, while as breakout sell at 1.3190/00 with Tp1 1.3100/05 Tp2 1.3025/30 Tp3 1.2960/65

Gbp/Usd This pair is still on uptrend, retracement at 1.5845/55. As Swing buy at 1.5845/55 with Tp1 1.5950/55 Tp2 1.5980/85 Tp3 High at 1.6055/60, while as breakout sell at 1.5845/55 with Tp1 1.5790/95 Tp2 1.5745/50 Tp3 1.5700/05

Usd/Cad This pair is still on downtrend, retracement at 0.9960/70. As swing sell at 0.9960/70 with Tp1 0.9915/20 Tp2 0.9905/10 Tp3 low at 0.9870/75, while as breakout buy at 0.9960/70 with Tp1 0.9990/95 Tp2 1.0010/15 Tp3 1.0030/35

Nzd/Usd This pair is still on uptrend, retracement at 0.8330/40. As swing Buy as 0.8330/40 with Tp1 0.8390/95 Tp2 0.8405/10 Tp3 0.8435/40 Tp4 High at 0.8460/70 while as breakout sell at 0.8330/40 with Tp1 0.8310/15 Tp2 0.8285/90 Tp3 0.8260/65

Euro/Chf This pair is still on uptrend, retracement at 1.2075/80, as Swing buy at 1.2075/80 with Tp1 High at 1.2105/15 Tp2 1.2125/30 Tp3 1.2150/55 while as breakout sell at 1.2075/80 with Tp1 1.2050/55 Tp2 low at 1.2035/40 Tp3 1.2015/20

Gbp/Chf This pair is still on uptrend, retracement at 1.4460/70. As breakout sell at 1.4460/70 with Tp1 1.4430/35 Tp2 1.4405/10 Tp3 1.4340/50 while as swing buy at 1.4460/70 with 1.4575/80 Tp2 High at 1.4615/20 Tp3 1.4655/60

Euro/Gbp This pair reversed to uptrend, retracement at 0.8330/35. As swing buy at 0.8330/35 with Tp1 0.8375/80 Tp2 High at 0.8395/00 Tp3 0.8435/40 while as breakout sell at 0.8330/35 with Tp1 0.8280/85 Tp2 0.8250/55 Tp3 0.8225/30

Aud/Usd This pair is still on uptrend, retracement at 1.0760/70. As swing buy at 1.0760/70 with Tp1 1.0865/70 Tp2 High at 1.0895/00 Tp3 1.0970/80 while as breakout sell at 1.0760/70 with Tp1 1.0700/05 Tp2 1.0655/60 Tp3 1.0610/15

Euro/Jpy This pair reversed to uptrend, retracement at 101.10/20, As Swing buy at 101.10/20 with Tp1 102.60/65 Tp2 High at 102.95/00 Tp3 103.95/00 while as breakout sell at 101.10/20 with Tp1 100.40/45 Tp2 99.70/75 Tp3 99.10/15

Gbp/Jpy This pair is still on uptrend, retracement at 121.45/55. As Swing buy at 121.45/55 with Tp1 122.65/70 Tp2 High at 122.95/00 Tp3 123.70/75 while as breakout sell at 121.45/55 with Tp1 120.95/00 Tp2 120.45/50 Tp3 120.00/05

Gold reversed to uptrend, retracement at 1737/38. As Swing buy at 1737/38 with Tp1 1765/66 Tp2 1774/75 Tp3 High at 1780/81 Tp4 1799/00, while as breakout sell at 1737/38 with Tp1 1711/12 Tp2 1695/96 Tp3 1680/81

Oil reversed to uptrend, retracement at 98.20/25. As Swing buy at 98.20/25 with Tp1 99.05/10 Tp2 100.00/05 Tp3 101.15/20 Tp3 103.25/30 while as breakout sell at 98.20/25 with Tp1 low at 96.55/60 Tp2 95.95/00 Tp3 94.55/60 Tp4 93.35/40

We have a Very Important News release today for the Kiwi Currency at late hours today(before tomorrow new daily candle open by 15 minutes):

  • NZD Employment Change & Unemployment Rate: Buy Nzd/Usd if 0.6% or above for the first or/& for the second stay at 6.5% or improved to 6.4% while sell if 0.2% or below for the first or/& stay at 6.5% or worsen to 6.6%

Have A Great Trading Day

737

Hey FxMM how long does it take you to do your analysis? I know you have stated you are very busy and that makes it tough to post up charts, but I am very intrigued by your support and resistance levels; something I am trying to work on seeing and plotting.

Do you get all your levels from the daily chart, I feel like you said something like this. When I zoom out i see how your levels correspond to many significant lows and highs on the daily.

Hope one day you can talk about your methodology in plotting your levels.

738

Results 07.02.

USD/CHF
Signal: This pair is still on uptrend started successfully yesterday to end the day mixed to the start point with Greece bailout rumors that will never end. Retracement at 0.9175/85. As Swing Trading Buy at 0.9175/85 with Tp1 0.9255/60 Tp2 0.9290/95 Tp3 0.9320/25 while as Breakout sell at 0.9175/85 with Tp1 0.9140/45 Tp2 0.9120/25 Tp3 0.9070/75 Tp4 at low 0.9015/20
Trade: Four trades

  1. Long with almost touching the upper retracement level and then going up following the main trend. We only saw a move of 30 pips, so I count a potential profit of +10 pips for this trade.
  2. Short with breaking the lower retracement level but only for a couple of pips, so I rather count a loss of –10 pips.
  3. Long with breaking the upper retracement level for a move of 40 pips, so I count a profit of +20 pips.
  4. Short with breaking the retracement downwards and hitting TP2 for a profit of +50 pips.
    Overall: +70 pips
    usdchf.jpg700×352 38.1 KB

USD/JPY
Signal: This pair is still moving sideways, we’ll trade it as 2 way breakouts. Sell at 76.50/55 with Tp1 76.35/40 Tp2 76.25/30 Tp3 76.10/15 Tp4 at low 75.95/00, while buy at 76.65/70 with Tp1 76.75/80 Tp2 76.90/95 Tp3 77.00/05
Trade: Long with breaking the upper retracement level (2 times) and hitting TP2 for a profit of +20 pips.

usdjpy.jpg700×352 36 KB

EUR/USD
Signal: This pair is still on downtrend, retracement at 1.3130/40. As Breakout Trading, Buy at 1.3130/40 with Tp1 1.3185/90 Tp2 1.3210/15 Tp3 1.3280/85 Tp4 at High 1.3340/50, while as Swing sell at 1.3130/40 with Tp1 1.3030/35 Tp2 1.2985/90 Tp3 1.2940/45
Trade: Three trades

  1. Long with breaking the retracement level upwards for a move of 20 pips, so rather a break even trade here.
  2. Short with breaking to the downside for a move of 35 pips, so I count a profit of +10 pips here.
  3. Long breakout almost hitting TP3. High was in the area of 1.3270, so I think this trade was good for a profit of +110 pips.
    Overall: +120 pips
    eurusd.jpg700×352 35.9 KB

GBP/USD
Signal: This pair is still on uptrend, retracement at 1.5800/05. As Swing Buy at 1.5800/05 with Tp1 1.5880/85 Tp2 1.5905/10 Tp3 at High 1.5975/80, as breakout sell at 1.5800/05 with Tp1 1.5725/30 Tp2 1.5685/90 Tp3 1.5640/45
Trade: Long with slightly breaking the lower retracement level downwards but always going up again (2 times). Hit TP2 for a profit of +100 pips at the end of the trading day.

gbpusd.jpg700×352 36.9 KB

739

USD/CAD
Signal: This pair is still on downtrend, retracement at 0.9965/75. As Swing sell at 0.9965/75 with Tp1 0.9910/15 Tp2 at low 0.9890/00 Tp3 0.9855/60, while as breakout buy at 0.9965/75 with Tp1 1.0000/05 Tp2 1.0020/25 Tp3 1.0055/60
Trade: Three trades

  1. Short with breaking the lower retracement level but only for a move of 15 pips, so rather a break even trade.
  2. Long with breaking the retracement level upwards but only for a move of 20 pips, so here again rather a break even trade.
  3. Short with breaking to the downside but only for a move of 25 pips, so as well rather a break even trade.
    Overall: 0 pips
    usdcad.jpg700×352 36 KB

NZD/USD
Signal: This pair is still on uptrend, retracement at 0.8320/25. As Swing buy at 0.8320/25 with Tp1 0.8370/75 Tp2 0.8385/90 Tp3 at High 0.8420/30, while as breakout sell at 0.8320/25 with Tp1 0.8280/85 Tp2 0.8260/65 Tp3 0.8235/40
Trade: Long with breaking the retracement level to the upside and following the main trend (2 times). We only had a move of 40-45 pips, so I count a profit of +20 pips for this trade.

nzdusd.jpg700×352 36.2 KB

EUR/CHF
Signal: This pair is still on uptrend, retracement at 1.2060/65. As Swing trading buy at 1.2060/65 with Tp1 1.2075/80 Tp2 1.2085/90 Tp3 1.2095/00 while as breakout sell at 1.2060/65 with Tp1 1.2045/50 Tp2 1.2035/40 Tp3 at low 1.2025/30
Trade: Two trades

  1. Short with breaking the retracement level to the downside (2 times) but only for a very small movement, so here I rather count a loss of –10 pips.
  2. Long with breaking the retracement level upwards and hitting TP3 for a profit of +30 pips.
    Overall: +20 pips
    eurchf.jpg700×352 37.7 KB

GBP/CHF
Signal: This pair is still on uptrend, retracement at 1.4520/25. As Swing trading buy at 1.4520/25 with Tp1 1.4595/00 Tp2 at High 1.4625/35 Tp3 1.4655/60, while as breakout sell at 1.4520/25 with Tp1 1.4485/90 Tp2 1.4465/70 Tp3 1.4420/25
Trade: Three trades

  1. Short with breaking to the downside, but only for a move of 20 pips, so rather a break even trade.
  2. Long with breaking upwards and following the main trend. No TP level hit, we saw a movement of 50 pips that was good for a profit of +30 pips.
  3. Short with breaking to the downside and almost hitting TP2. Max movement was for 40 pips, so I count a profit of +20 pips.
    Overall: +50 pips
    gbpchf.jpg700×352 38.1 KB

740

EUR/GBP
Signal: This pair is still on downtrend, retracement at 0.8300/05 & low at 0.8250/55. As Swing sell at 0.8300/05 with Tp1 0.8260/65 Tp2 0.8240/45 Tp3 0.8220/25 while as breakout buy at 0.8300/05 with Tp1 0.8320/25 Tp2 0.8335/40 Tp3 0.8360/65
Trade: Three trades

  1. Long with breaking upwards, but only for 10 pips, so rather a break even trade.
  2. Short with breaking to the downside, but again only for 10 pips, so rather a break even trade.
  3. Long with clearly breaking the upper retracement level and hitting TP2 for a profit of +30 pips.
    eurgbp.jpg700×352 35.8 KB

AUD/USD
Signal: This pair is still on uptrend, retracement at 1.0710/20. As Swing buy at 1.0710/20 with Tp1 1.0780/85 Tp2 1.0810/15 Tp3 at High 1.0845/55, while as breakout sell at 1.0710/20 with Tp1 1.0670/75 Tp2 1.0640/45 Tp3 1.0595/00 Tp4 1.0530/40
Trade: Long with breaking the upper retracement level and hitting TP2 for a profit of +90 pips.

audusd.jpg700×352 37.1 KB

EUR/JPY
Signal: This pair is still on downtrend, retracement at 100.65/75. As Swing sell at 100.65/75 with Tp1 99.85/90 Tp2 99.55/60 Tp3 99.25/30 while as breakout buy at 100.65/75 with Tp1 100.85/90 Tp2 101.05/10 Tp3 101.50/55
Trade: Long with breaking the upper retracement level and moving beyond TP3. High was 1-2 pips shy of 102, so I rather count 101.80 as a good exit which would have given us a profit of +100 pips.

eurjpy.jpg700×352 36.4 KB

GBP/JPY
Signal: This pair is still on uptrend, retracement at 120.85/90. As Swing trading Buy at 120.85/90 with Tp1 11.50/55 Tp2 121.70/75 Tp3 122.15/20 Tp4 122.50/60 while as breakout sell at 120.85/90 with Tp1 120.45/50 Tp2 120.15/20 Tp3 119.80/90
Trade: No trade

Valid trades:

USD/CHF = +70 pips
USD/JPY = +20 pips
EUR/USD = +120 pips
GBP/USD = +100 pips
USD/CAD = 0 pips
NZD/USD = +20 pips
EUR/CHF = +20 pips
GBP/CHF = +50 pips
EUR/GBP = +30 pips
AUD/USD = +90 pips
EUR/JPY = +100 pips

Result for today: +620 pips
February: +2.390 pips

741

ret 5.jpg700×370 41.3 KB

Hey traders
trade based on ret level bounce .little late entry but i wanted to see suport forming on ret zone. wiil se how it will end
edit as I was posting price dipped 60 pips in 20 min hitt sl so - 50 on this one
IF anyone knows what coused this move I would appreciate info … for the future XD

742

Hello Traders,

Forex Signals & Analysis for 9th February 2012:

Short Term Signals:

Usd/Chf Buy at 0.9095/00 then 0.9080/85 then 0.9055/60, sell at 0.9150/55 then 0.9165/70 then 0.9190/95

Usd/Jpy Buy at 76.65/70 then 76.45/50 then 76.25/30, sell at 77.30/35 then 77.45/50 then 77.70/75

Euro/Usd Buy at 1.3210/15 then 1.3185/90 then 1.3155/60, sell at 1.3300/05 then 1.3320/25 then 1.3355/60

Gbp/Usd Buy at 1.5745/50 then 1.5715/20 then 1.5630/35, sell at 1.5925/30 then 1.5975/80 then 1.6025/30

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement at 0.9145/55. As Swing sell at 0.9145/55 with Tp1 0.9095/00 Tp2 0.9080/85 Tp3 0.9055/60 Tp4 low at 0.8990/00, while as breakout buy at 0.9145/55 with Tp1 0.9165/70 Tp2 0.9190/95 Tp3 0.9255/60 Tp4 0.9320/30

Usd/Jpy This pair is still moving sideways with uptrend basis, retracement at 76.80/85. As Swing buy at 76.80/85 with Tp1 77.30/35 Tp2 77.45/50 Tp3 High at 77.70/75, while as breakout sell at 76.80/85 with Tp1 76.65/70 Tp2 76.45/50 Tp3 76.25/30 Tp4 Low at 75.95/00

Euro/Usd This pair is still on uptrend, retracement at 1.3215/25. As Swing buy at 1.3215/25 with Tp1 1.3300/05 Tp2 1.3320/25 Tp3 1.3355/60 Tp4 High at 1.3400/10, while as breakout sell at 1.3215/25 with Tp1 1.3185/90 Tp2 1.3155/60 Tp3 1.3085/90 Tp4 1.3040/50

Gbp/Usd This pair is still on uptrend, but might change this view today if bases below retracement at 1.5795/00. As breakout sell at 1.5795/00 with Tp1 1.5745/50 Tp2 1.5715/20 Tp3 1.5630/40 while as Swing buy at 1.5795/00 with Tp1 1.5925/30 Tp2 1.5975/80 Tp3 High at 1.6020/30

Usd/Cad This pair is still on downtrend, retracement at 0.9965/70. As Breakout Buy at 0.9965/70 with Tp1 0.9995/00 Tp2 1.0015/20 Tp3 1.0040/45 Tp4 1.0090/95 while as Swing sell at 0.9965/70 with Tp1 0.9920/25 Tp2 0.9905/10 Tp3 low at 0.9875/85

Nzd/Usd This pair is still on uptrend, retracement at 0.8300/10. As Swing Buy at 0.8300/10 with Tp1 0.8405/10 Tp2 0.8435/40 Tp3 High at 0.8470/75 while as breakout sell at 0.8300/10 with Tp1 0.8275/80 Tp2 0.8230/35 Tp3 0.8180/90 Tp4 0.8150/55

Euro/Chf This pair is still on uptrend, retracement at 1.2085/90. As Swing Buy at 1.2085/90 with Tp1 High at 1.2105/10 Tp2 1.2125/30 Tp3 1.2145/50 Tp4 1.2160/65, while as breakout sell at 1.2085/90 with Tp1 1.2070/75 Tp2 1.2055/60 Tp3 low at 1.2030/40

Gbp/Chf This pair reversed to downtrend, retracement at 1.4460/70. As Swing sell at 1.4460/70 with Tp1 1.4365/70 Tp2 low at 1.4340/50 Tp3 1.4260/65 while as breakout buy at 1.4460/70 with Tp1 1.4535/40 Tp2 1.4585/90 Tp3 High at 1.4620/30

Euro/Gbp This pair is still on successful uptrend started yesterday, retracement at 0.8350/55. As Swing Buy at 0.8350/55 with Tp1 High at 0.8405/10 Tp2 0.8420/25 Tp3 0.8455/60 while as breakout sell at 0.8350/55 with Tp1 0.8330/35 Tp2 0.8305/10 Tp3 0.8285/90 Tp4 0.8255/60

Aud/Usd This pair is still uptrend, retracement at 1.0765/75. As Swing Trading Buy at 1.0765/75 with Tp1 1.0850/55 Tp2 1.0875/80 Tp3 High at 1.0910/20, while as breakout sell at 1.0765/75 with Tp1 1.0745/50 Tp2 1.0725/30 Tp3 1.0685/90 Tp4 1.0580/90

Euro/Jpy This pair is still on uptrend, retracement at 101.60/70. As Swing Buy at 101.60/70 with Tp1 102.60/65 Tp2 102.85/90 Tp3 High at 103.20/30 while as breakout sell at 101.60/70 with Tp1 101.55/60 Tp2 101.25/30 Tp3 100.90/95 Tp4 100.20/30

Gbp/Jpy This pair is still on uptrend, retracement at 121.60/70. As Swing Buy at 121.60/70 with Tp1 High at 122.95/00 Tp2 123.45/50 Tp3 124.10/15 while as breakout sell at 121.60/70 with Tp1 120.95/00 Tp2 120.55/60 Tp3 119.75/85

Gold is basing on downtrend, retracement at 1734/35. As Swing sell at 1734/35 with Tp1 1716/17 Tp2 1708/09 Tp3 1693/94 Tp4 1681/82 while as breakout buy at 1734/35 with Tp1 1753/54 Tp2 1763/64 Tp3 1775/75

Oil is still on uptrend, retracement at 98.45/50. As breakout sell at 98.45/50 with Tp1 97.70/75 Tp2 97.05/10 Tp3 low at 96.55/60 Tp4 96.05/10, while as swing Buy at 98.45/50 with Tp1 100.45/50 Tp2 101.10/15 Tp3 101.50/55 Tp4 102.10/15

We have Very Crucial News Releases today for the Sterling, Euro, & Dollar Currencies:

  • UK Manufacturing Production: Buy Gbp/Usd if 0.5% or above while sell if 0.1% or below

  • UK MPC Rate Statement: Buy Gbp/Usd if rate kept at 0.50% or/& Asset Purchase Facility kept at 275B or/& Statement is Hawkish while sell Gbp/Usd if rate decreased to 0.25% or/& Asset Purchase Facility increased to 325B or/& Statement is Dovish

  • EU ECB Press Conference & Rate Decision: Buy Euro/Usd if rate kept at 1.00% or/& ECB President Mario Fraghi sounds Hawkish(not expected) while sell if rate decreased to 0.75% and ECB Mario Draghi sounds Dovish.

  • US Unemployment Claims: Buy Usd/Chf & Usd/Jpy if 360K or below while Buy Euro/Usd & Gbp/Usd if 400K or above

Today will be very important and might have decisive effect at all pairs as Crucial news releases are coming out and line up of pairs technically show possible reversal or power of current trend.
So be cautious and trade carefully. It will be Great to trade sometime bt. now & before the above news releases since I do not expect large movements till the time of news releases were market will surely go crazy.
All pairs had been recovering from possible reversal vs the dollar currency at every past days to keep current trends, so it will be interesting to see if this scenario will be kept or will change as Greece bailout is postponing every day with no real deadline but just rumors…

Have A Great Trading Day

743

Hello willowzed,

Yes, Mainly retracement hit at late hours will make it more difficult to trade as no real volatility would be left in such hours but in current market bad conditions and market reacting due to any rumor, there was a quick fall of gbp/usd but as you remember well or can review the 5 min. chart that we rely on for entries and exits, you can see 6 candles tested retracement before breakout occured besides the first break candle low was 1.5842 so if you had entered at the previous 6 candles and did not realize yet that too much tests is a warning signals, you could had easily closed your order at -10 pips at first big bearish candle break.
Anyway, those are situations that happen due to conditions talked about before but even in those cases you can minimize loss quickly without waiting and seeing your losses running since the clear signal was found from the 6 candle tests then big bearish candle 5 min. low of it was just 1.5842.

Take Note that sometimes even with such situations, if you choose right pair to trade you can Gain as perfect bounce of retracement, example of yesterday at same time of gbpusd collapse was Aud/Usd perfect bounce of retracement to go up to around 40 pips later…

Anyway, Calm Down & Relax No Big Deal. From some minutes most pairs bounced of today retracement perfectly for above 20-30 pips each within same gbpusd pair did the same too… Remember Retracement will never be broken easily but after many tests as yesterday gbpusd retracement example prove…

Good Luck

744

Hi Fury,

For your curiosity, As I had said before it takes to daily post here 1-2 hours after market open or new daily candle open but this is the time of post not analysis as my charts are absorbed in my mind read blindly each pair as it took me long months to create & design, as all must had known by now that I use daily chart for my analysis so it’s no secret here while Great you realized highs & lows but what about retracement & other targets you do not see or use them too?!

About Methodology, don’t pray a lot or hold hopes & wishes because no Real Successful Trader reveal that even for Money since it’s what Gain The Money…So Be Grateful I am providing you & all with this priceless info for free

At Times I get questions as yours, it makes me feel & think like… Oh how to say it Honestly & Straight Forward as what I a;ways do even if Truth is very hard sometimes… I feel pathetic for people who instead just Thank Me for my hard work trying to daily post here at short time as much as I can so traders do not miss any opportunity as just from 1 hour I was in lightening speed finishing the writing of my analysis to post here quickly since most pairs were heading to retracement, so traders do not miss the chance of trading the retracement Swing Trading Strategy, so I had first post all pairs without Gold, Oil & My “Wisdom Tip”…lol at bottom to not delay time of post, to then post after some minutes the latter…

To be more clear, I am not waiting for any Thank You from anyone but it seem that some have hard time saying a Good Word but instead waste time with searching & digging for nonsense, take care not to leave themselves down there…

There are much important things in life than running after small details to try to mark a point here or there because the Big Picture is the most important, no time for useless thoughts…

Hopefully, You & others learn something from the said above…

Good Luck

745

oh my… i got up late today :34:
hurry catch FMM …lollll…
read FMM signal everyday is just like water first in the morning :))

thank u FMM

746

@FMM,

well, I think the point here with people asking about your work and how you do your analysis is simply that we are all terribly dependend on your signals. We may be making good money from your signals, but if - for whatever reason - you someday decide to quit posting your signals, we are all left in nowhere’s land simply because we can’t do the work ourselves as we have no idea how you do it.

747

To be fair to FMM, this thread does not pretend to be a “system” thread and no other signal provider I know of would publish his method. Of course it’s frustrating because these signals work very well and I am personally making good money (and long may it continue). My only regret is not finding this thread when it started!

Dave

748

I also regret I didn’t find this thread much earlier. Could have saved me a lot of headaches.

749

Results 08.02.

USD/CHF
Signal: This pair reversed to downtrend, retracement at 0.9150/60. As swing trading sell at 0.9150/60 with Tp1 0.9055/60 Tp2 0.9030/35 Tp3 0.8995/05 Tp4 0.8955/60, while as breakout buy at 0.9150/60 with Tp1 0.9215/20 Tp2 0.9265/70 Tp3 0.9305/10
Trade: No trade

USD/JPY
Signal: This pair is still moving sideways, Buy at 76.60/65 with Tp1 77.05/10 Tp2 77.15/20 Tp3 77.40/45 while sell at 77.55/60 with Tp1 76.40/45 Tp2 76.25/30 Tp3 76.05/10 Tp4 low at 75.95/00
Trade: No trade

EUR/USD
Signal: This pair reversed to uptrend, retracement at 1.3190/00. As Swing buy at 1.3190/00 with Tp1 1.3345/50 Tp2 High at 1.3385/90 Tp3 1.3495/00, while as breakout sell at 1.3190/00 with Tp1 1.3100/05 Tp2 1.3025/30 Tp3 1.2960/65
Trade: No trade

GBP/USD
Signal: This pair is still on uptrend, retracement at 1.5845/55. As Swing buy at 1.5845/55 with Tp1 1.5950/55 Tp2 1.5980/85 Tp3 High at 1.6055/60, while as breakout sell at 1.5845/55 with Tp1 1.5790/95 Tp2 1.5745/50 Tp3 1.5700/05
Trade: Two trades

  1. Long with bouncing off the upper retracement line and going up, but only for a couple of pips, so I rather count a loss of –10 pips.
  2. Short with clearly breaking the retracement level downwards for a move of 40-45 pips, so I count a profit of +20 pips for this trade.
    Overall: +10 pips.
    gbpusd.jpg700×352 32.6 KB

USD/CAD
Signal: This pair is still on downtrend, retracement at 0.9960/70. As swing sell at 0.9960/70 with Tp1 0.9915/20 Tp2 0.9905/10 Tp3 low at 0.9870/75, while as breakout buy at 0.9960/70 with Tp1 0.9990/95 Tp2 1.0010/15 Tp3 1.0030/35
Trade: Two trades

  1. Long with breaking to the upside but only for a move of 15-20 pips, so rather a break even trade.
  2. Short with breaking to the downside, but only for a couple of pips. The rate remained below the lower retracement level at the end of the trading day, so I think one could have exited this short trade with no loss/win.
    Overall: 0 pips
    usdcad.jpg700×352 35.2 KB

NZD/USD
Signal: This pair is still on uptrend, retracement at 0.8330/40. As swing Buy as 0.8330/40 with Tp1 0.8390/95 Tp2 0.8405/10 Tp3 0.8435/40 Tp4 High at 0.8460/70 while as breakout sell at 0.8330/40 with Tp1 0.8310/15 Tp2 0.8285/90 Tp3 0.8260/65
Trade: Long with the rate almost bouncing off the upper retracement line and then heading up to almost hit TP2 @ 0.8405. I rather consider TP1 as a reasonable tp level, so +50 pips profit for this trade.

nzdusd.jpg700×352 35.3 KB

EUR/CHF
Signal: This pair is still on uptrend, retracement at 1.2075/80, as Swing buy at 1.2075/80 with Tp1 High at 1.2105/15 Tp2 1.2125/30 Tp3 1.2150/55 while as breakout sell at 1.2075/80 with Tp1 1.2050/55 Tp2 low at 1.2035/40 Tp3 1.2015/20
Trade: No trade

GBP/CHF
Signal: This pair is still on uptrend, retracement at 1.4460/70. As breakout sell at 1.4460/70 with Tp1 1.4430/35 Tp2 1.4405/10 Tp3 1.4340/50 while as swing buy at 1.4460/70 with 1.4575/80 Tp2 High at 1.4615/20 Tp3 1.4655/60
Trade: Short with breaking the retracement level to the downside and hitting TP1 for a profit of +30 pips.

gbpchf.jpg700×352 35.8 KB

750

EUR/GBP
Signal: This pair reversed to uptrend, retracement at 0.8330/35. As swing buy at 0.8330/35 with Tp1 0.8375/80 Tp2 High at 0.8395/00 Tp3 0.8435/40 while as breakout sell at 0.8330/35 with Tp1 0.8280/85 Tp2 0.8250/55 Tp3 0.8225/30
Trade: Three possibilities to go long with the rate crossing the upper retracement level and hitting TP1 for a profit of +40 pips.

eurgbp.jpg700×352 36.3 KB

AUD/USD
Signal: This pair is still on uptrend, retracement at 1.0760/70. As swing buy at 1.0760/70 with Tp1 1.0865/70 Tp2 High at 1.0895/00 Tp3 1.0970/80 while as breakout sell at 1.0760/70 with Tp1 1.0700/05 Tp2 1.0655/60 Tp3 1.0610/15
Trade: Long with bouncing off the upper retracement level for a max move of 30 pips, so I count a profit of +10 pips for this trade.

audusd.jpg700×352 35.6 KB

EUR/JPY
Signal: This pair reversed to uptrend, retracement at 101.10/20, As Swing buy at 101.10/20 with Tp1 102.60/65 Tp2 High at 102.95/00 Tp3 103.95/00 while as breakout sell at 101.10/20 with Tp1 100.40/45 Tp2 99.70/75 Tp3 99.10/15
Trade: No trade

GBP/JPY
Signal: This pair is still on uptrend, retracement at 121.45/55. As Swing buy at 121.45/55 with Tp1 122.65/70 Tp2 High at 122.95/00 Tp3 123.70/75 while as breakout sell at 121.45/55 with Tp1 120.95/00 Tp2 120.45/50 Tp3 120.00/05
Trade: Long with bouncing off the lower retracement level and going up for a move of 40 pips, so I rather count a profit of +20 pips here.

gbpjpy.jpg700×352 33.3 KB

Valid trades:

GBP/USD = +10 pips
USD/CAD = 0 pips
NZD/USD = +50 pips
GBP/CHF = +30 pips
EUR/GBP = +40 pips
AUD/USD = +10 pips
GBP/JPY = +20 pips

Result for today: +160 pips
February: +2.550 pips

751

@FMM

thanks for clearing that out