Forex Buy & Sell Trading Signals

Hello Traders,

Forex Signals for 14th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8305/10 then 0.8280 then 0.8205/10, sell 0.8465/70 then 0.8510/15 then 0.8555/60

Usd/Jpy Buy 79.90 then 79.75 then 79.40/45, sell 80.70 then 80.90/95 then 81.15/20

Gbp/Usd Buy 1.6220/25 then 1.6150/55, sell 1.6460/65 then 1.6500/05

Euro/Usd Buy 1.4320 then 1.4275/80 then 1.4230/35, sell 1.4470/75 then 1.4495/00 then 1.4560/65

Euro/Jpy Buy 114.95/00 then 114.65/70 then 114.35/40, sell 116.00/05 then 116.20/25 then 116.65/70

Gbp/Jpy Buy 130.30/35 then 129.80/85 then 129.35/40, sell 131.95/00 then 132.20/25 then 132.95/00

Usd/Cad Buy 0.9720/25 then 0.9695/00, sell 0.9795/00 then 0.9815/20 then 0.9830/35

Nzd/Usd Buy 0.8085/90 then 0.8055/60 then 0.8000, sell 0.8225/30 then 0.8265/70 then 0.8310/15

Euro/chf Buy 1.1970/75 then 1.1930/35, sell 1.2155/60 then 1.2200/05 then 1.2265/70

Euro/Gbp Buy 0.8775 then 0.8760/65 then 0.8730/35, sell 0.8840 then 0.8860 then 0.8875/80

Aud/Usd Buy 1.0510/15 then 1.0470/75 then 1.0420/25, sell 1.0665/70 then 1.0700/05 then 1.0760/65

Gbp/Chf Buy 1.3600/05 then 1.3555/60 then 1.3500/05, sell 1.3780/85 then 1.3815/20 then 1.3890/95

Oil Buy 95.10/15 then 94.20/25 then 92.35/40, sell 99.40/45 then 100.65/70 then 101.95/00

Gold Buy 1503/25/30 then 1497.60/70 then 1484.70/80, sell 1533.10/20 then 1541.40/50 then 1550

Medium Term strategy:

Usd/Chf This pair reversed again to downtrend, but as always we’re ready for all probabilities and a breakout strategy was successful, sold 0.8410 closed 0.8355(review previous post to know how & why)
Today retracement is at 0.8385/90 break and base above is to retest 0.8465/70 break here mioght target high at 0.8540(with good spike following crucial news release), while low is to our short term buy signals

Usd/Jpy This pair is still on downtrend after failure again to base above 80.50, today retracement is at 80.35 break and base above is to retest 80.70, break here is to 80.90/00 and would start an uptrend by tommorow if closes around there…

Euro/Usd This pair is still on downtrend despite spiking up yesterday and going to our yesterday & today retracement(good sell) at 1.4440 in early hours today, break and base above here is to 1.4500 while failure would take it back to crucial support now at 1.4350/55, break here is to retest 1.4320 then below is to our short term buy signals.

Gbp/Usd This pair reversed in late hours yesterday after “MPC Member Weale talks”, today on uptrend high is at 1.6550/55 while retracement is at 1.6360 but break and base below 1.6340 would take it back to downtrend targetting previous crucial support at 1.6215

Euro/Chf This pair is still on downtrend, retracement is at 1.2100/05 break and base above is to 1.2150/60 while low is at 1.1950

Gbp/Chf This pair is tring to break to the upside but a base above 1.3730 is necessary to continue targetting 1.3780 then 1.3820 and if there’s good buying power and sterling keeps powering might target 1.3950(not an always daily average price range(around 300 pips H/L) but had done it many times before).

Euro/Jpy This pair is still on downtrend, retracement is at 115.90 break and base above is to 116.20 and break here is to 116.40/50 while low is at 114.50/60

Gbp/Jpy This pair broke today to the upside but must base above 131.50 today to confirm an uptrend movement, targetting high at 132.20 first while below 131.20 is to low at 130.30/40

Euro/Gbp This pair is continuing its yesterday start of downtrend, targetted our said support ay 0.8780, break and base below here today might would target 0.8760 then 0.8640, a break here might extend weakness fast to 0.8660/70 later on or in coming days, retracement is at 0.8830 break is to 0.8850/60

Usd/Cad This pair is on downtrend today after breaking and basing below 0.9750 targetting today 0.9710, break & base below here would target 0.9680/85, while only base above 0.9770 would change my downside view for this pair and would target 0.9795/00

Aud/Usd This pair is trying to break to the upside but would face a crucial resistance at 1.0650, only basing above here would put it on uptrend and gain would extend fast to target 1.0720/30 while below is to 1.0610, and base below here is to target 1.0520 low

Nzd/Usd This pair also reversed after the fall yesterday on earthquake news but must base today above 0.8180 to target 0.8120 and confirm uptrend then targetting 0.8280 later on while below is to 0.8100 and break here would extend weakness to our short term buy signals

Gold is still on downtrend, retracement is at 1525/26 break here is to target 1535 and must hold there while low is at 1497/98

Oil is still on downtrend with another big fall yesterday even below our yesterday low and targettted the short term buy signal before going up again, today retracement is at 98.20/30, break and base above is to 99.50 then 99.80 must hold while low is to our short term buy signals

We have 2 Important news release for the Sterling & Dollar currencies today:

  • UK CPI: Sell Gbp/Usd if 4.3% or below while Buy if 4.7% or above

  • US Core Retail Sales: Buy Usd/Chf & Usd/Jpy if 0.7% or above while Buy Euro/Usd & Gbp/Usd if below 0%

Have A Great Trading Day

Hello Traders,

Forex Signals for 15th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8350/55 then 0.8305/10, sell 0.8500/05 then 0.8525/30 then 0.8600

Euro/Usd Buy 1.4355/60 then 1.4315/20 then 1.4255/60, sell 1.4520 then 1.4555/60 then 1.4615/20

Usd/Jpy Buy 80.00/05 then 79.80/85 then 79.60, sell 80.75/80 then 80.95 then 81.25/30

Gbp/Usd Buy 1.6320/25 then 1.6300/05 then 1.6245/50, sell 1.6440/45 then 1.6475 then 1.6505/10

Medium Term Strategy:

Usd/Chf This pair is on uptrend today, basing above 0.8420 targetting 0.8520/30, while below 0.8420 is to 0.8390. below would change my uptrend view to target 0.8350(it is laughable that this pair can’t base on uptrend for at least some days despite being in historic lows, lets see what would happen today),

Usd/Jpy This pair is on uptrend today holding above support 80.30/40, targetting 80.90 first, while below said support is to 80.00/10, break here might target 79.50, another laughable pair that is looking as if broke to the upside but not liking the atmosphere there…lol

Gbp/Usd This pair started a good uptrend movement yesterday but reversed later on, today support at 1.6340 must hold to keep the upside view but generally as I said in past days, this pair would keep moving sideways till UK Meeting Minutes in around a week time, high is at 1.6540/50 while break and base below 1.6340 is to target crucial support at 1.6210/15

Euro/Usd This pair is still on uptrend, reached to our yesterday high 1.4500, and reversed, opening below 1.4440 today, targetting to 1.4360, break and base below would target our other short term buy signals, while above 1.4340 is to 1.4500/20 and break and base above is to our short term sell signals.

Euro/Chf This pair is trying to base on uptrend, holding above 1.2160 to target 1.2240/50 but a break above here is necessary to confirm the on uptrend while below 1.2160 might extend weakness again to 1.2000/10.

Gbp/Chf This pair is on uptrend today, basing above retracement at 1.3770 targetting 1.3940 while below retracement is to 1.3730/40 and a break here would turn it back to downtrend.

Euro/Jpy This pair is still on downtrend, based below 116.50 today after failing to base above, leading it back down and 116.00 is forming a low resistance today basing below is targetting 115.20/30 and low is at 114.50/60 while only above 116.50 would change my view and possibily target 117.40/50

Gbp/Jpy This pair started an uptrend yesterday, targetted our said high ay 132.20(little bit more to 132.30, finding a resistance there also today, breaking above here is crucial to keep good uptrend to target 132.80/90 while retracement is at 131.50, break and base below is to 130.30/40

Euro/Gbp This pair is still on downtrend from 3 past days, but finding good support at 0.8780 as expected, break and base below here is important and would extend weakness to 0.8760 then 0.8740, a break and base below here would extend weakness to 0.8660/70 while only above 0.8860 would change my view to target 0.8920/30

Usd/Cad This pair started a downtrend movement as said yesterday(around 100 pips gain, review previous post), today having good support at 0.9670 break is to 0.9640 then 0.9600 must hold while retracement is at 0.9720 and 0.9750 must hold, only break above would change my downside view for this pair.

Aud/Usd This pair succeeded in breaking yesterday and basing on the uptrend today, retracement at 1.0650(breakout point of start), targetting 1.0760/70, while only below retracement would change my view to target 1.0560/70 then 1.0500/10 must hold

Nzd/Usd This pair failed to base above and opened below 0.8180 today targetting 0.8110/15, break here would extend weakness to 0.8060/70 while only a base above 0.8180 would change my view targetting 0.8220 then a break is to 0.8280

Oil made 2 scenarios yesterday high and low with up and down movement, but opened below crucial yesterday said resistance at 99.80 targetting 97.20, while basing above 99.80 is to target 102.40/50

Gold is still on downtrend, opening below today retracement at 1528/29, break is to 1533/34 then only above here would change my view to target 1545/46 while low is at 1503

  • Pardon me traders for some typing mistakes because I am too busy and trying to cut my body to many parts in order to be here and there…lol, but hopefully you’re being aware of those small typing errors & understanding the bigger idea…

We have an Important News Release for the dollar currency today:

  • US Core CPI: Buy Usd/Chf & Usd/Jpy if 0.3% or above while Buy Euro/Usd & Gbp/Usd if below 0.1%

Have A Great Trading day

Hello Traders,

Forex Signals For 16th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8440 then 0.8395/00 then 0.8350/55, sell 0.8585/90 then 0.8615/20 then 0.8680/85

Usd/Jpy Buy 80.35/40 then 80.10 then 79.80/85, sell 81.30/35 then 81.45/50 then 81.85/90

Gbp/Usd Buy 1.6080/85 then 1.6030/35, sell 1.6375/80 then 1.6460/65

Euro/Usd Buy 1.4030/35 then 1.3965/70, sell 1.4435/40 then 1.4555/60

Medium Term Strategy:

Usd/Chf This pair still on uptrend from yesterday, more importantly basing above front support 0.8500/10 targetting as high as 0.8830/40(not impossible due to very crucial Chf News Release today, might be a turning point for Chf pairs since SNB would be anouncing their rate decision today and Chf weakened in past few days due to talks about SNB keeping rates at current 0.25%),
retracement is at 0.8470/80, break and base below is to target 0.8410, below here would change my upside view for this pair.

Usd/Jpy This pair still on uptrend from yesterday, basing above front support 80.80, targetting 81.55/60 then 81.75/80 and possibly 82.20

Euro/Usd This pair is still on downtrend(pardon me for yesterday typing mistake(still on “uptrend”) ofcourse it’s “downtrend” as continuation of past days trend(down) after failing to base above 1.4440 despite going as high as 1.4500 but falling before daily candle close).
Today retracement is at 1.4295/00, break is to 1.4345 then break and base above here is to hold at 1.4450/60, while low is at 1.3960/70

Gbp/Usd This pair is on downtrend from yesterday after breaking 1.6340 crucial support(good breakout strategy), today this support is turning to crucial resistance if breaks retracement at 1.6270/80, would be heading there to 1.6340, while low is at 1.6120, below here would extend weakness to our short term buy signals

Euro/Chf This pair based on the downtrend today but generally moving sideways, above 1.2120 is to 1.2160 then 1.2220 would form resistance while below is to 1.1995/00

Gbp/Chf This pair still on uptrend from yesterday, basing above 1.3780 targetting 1.3910, break and base above would extend gains to probably 1.4060, while below 1.3780 is to 1.3740 and breaking below here would change my upside view for this pair.

Euro/Jpy This pair is still on downtrend, retracement is at 115.40, break and base above is to 116.00 then 116.20, while low is at 114.20

Gbp/Jpy This pair based on downtrend today, above 131.30 is to target 132.10 while basing below 131.20 is to target low at 130.10/20

Euro/Gbp This pair is still on downtrend from 4 past days, retracement is at 0.8790, break and base above is to 0.8840/50 while low is at 0.8600

Usd/Cad This pair achieved all strategies scenarios yesterday, low to retracement to breakout to high, today basing on uptrend above retracement 0.9760 targetting 0.9825/30, break is to 0.9850/55, if bases above at tommorow new daily candle that would mean more extend of power, below retracement is to 0.9695/00

Aud/Usd This pair turned it again to the downside after breaking 1.0650(point of start of the previous breakout day), today basing below retracement 1.0600 targetting 1.0500, while a break above is to 1.0630/40, while only a break and base above 1.0650 would target 1.0720 then possibly 1.0760 later on.

Nzd/Usd This pair is still on downtrend, targetting low at 0.7920, retracement is at 0.8100/10, break is to 0.8150/60

Oil is still on downtrend, facing a front resistance at 95.80, break and base above is to retracement at 96.90 then a break and base above here is crucial to target 98.80 then 99.50 must hold, while low is at 94, breaking below here would extend weakness to 90

Gold is still on downtrend, low is at 1510/11, retracement is at 1533/34, a break and base above here is to target 1545 then 1550 must hold.

We have an Important News Release for the Sterling currency:

  • UK Retail Sales: Sell Gbp/Usd if below 0% while Buy if above 0%

Have A Great Trading Day

Hello Traders,

Forex signals for 17th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8430/35 then 0.8415/20 then 0.8365/70, sell 0.8540/45 then 0.8575/80 then 0.8600/05

Usd/Jpy Buy 80.30 then 80.10/15 then 79.80/85, sell 81.05/10 then 81.25/30 then 81.50/55

Gbp/Usd Buy 1.6050/55 then 1.6000/05 then 1.5930/35, sell 1.6250/55 then 1.6295/00 then 1.6375/80

Euro/Usd Buy 1.4075/80 then 1.4015/20 then 1.3960/65, sell 1.4275/80 then 1.4310/15 then 1.4405/10

Medium Term Strategy:

Usd/Chf This pair is still on uptrend, retracement is at 0.8470, break is to 0.8420, while above is to 0.8550, a break & above here is necessary and would power upward movement targetting 0.8600 then 0.8660/70

Gbp/Usd This pair is still on downtrend, retracement is at 1.6080/90, break and base below here would extend weakness to our short term buy signals for this pair.

Euro/Usd This pair is still on downtrend, retracement is at 1.4240/50, break is to 1.4340/50 then 1.4400/10 must hold, while low is at 1.3960

Usd/Jpy This pair is still on uptrend, holding above 80.50 is necessary to keep this view while break below is to 80.30/35, and a break below here would change my upside view for this pair targetting 80.00/10, above is to target 80.80 then a break and base above here is to 81.00/05 then 81.50/60 must hold

Aud/Usd This pair is still on downtrend, targetting 1.0470/80, retracement is at 1.0580, basing above is to hold at 1.0620

Gbp/Chf This pair returned to downtrend channel, basing below 1.3730 targetting 1.3640/50 while a base above is to 1.3870/80

Euro/Chf This pair is on downtrend again from yesterday, targetting 1.1970/80, retracement is at 1.2075/80, breaking above is to 1.2140 then 1.2190 must hold

Euro/Jpy This pair is still on downtrend, targetting 113.50 low first, retracement is at 114.80, break and base above is to hold at 115.80/90

Nzd/Usd This pair is still on downtrend, targetting low at 0.7930/40, retracement is at 0.8080, basing above is to 0.8120 then 0.8140/50 must hold

Gbp/Jpy This pair is still on downtrend, targetting low at 129.60/70, retracement is at 130.60, break is to 130.95/00, only a break above here would change my downside view targetting 131.90/00

Euro/Gbp This pair is still on downtrend, targetting 0.8720 first then below here would extend weakness towards 0.8660/70, retracement is at 0.8800, break and base above is to 0.8840/50, only base above here would change my downside view for this pair.

Usd/Cad This pair is still on uptrend, trying again to base above 0.9840/50 to target 0.9900, while retracement is at 0.9800 basing below is to hold at 0.9760/70

Gold is still on downtrend, targetting 1514/15, retracement is at 1532/33, basing above is to 1545/46

Oil is still on downtrend, targetting 92.85/90 then break here might target 90 which must hold, retracement is at 95.90, basing above is to target 98.10/20 that must hold.

Have A Great Trading Day

Hello Traders,

Forex Signals & Analysis for 20th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8430/35 then 0.8405/10 then 0.8375/80, sell 0.8520/25 then 0.8545/50 then 0.8580/85

Usd/Jpy Buy 79.65/70 then 79.50/55 then 79.10/15, sell 80.60/65 then 80.90/95 then 81.10/15

Gbp/Usd Buy 1.6095/00 then 1.6055/60 then 1.6015/20, sell 1.6240/45 then 1.6265/70 then 1.6330/35

Euro/Usd Buy 1.4130/35 then 1.4045/50 then 1.3965/70, sell 1.4420/25 then 1.4470/75 then 1.4600/05

Medium Term Strategy Analysis:

Usd/Chf This pair is still on uptrend, basing above 0.8470 targetting 0.8550, again a penetration of this level is necessary unless this pair pair would keep moving on uptrend channel but with sideways price momentum as what had been happening in 2 past forex days.
Breaking about said resistance is to target 0.8660/70 while below support at 0.8470 would target 0.8430/40 then towards 0.8400 and 0.8370/80 must hold.

Usd/Jpy This pair opened on downtrend channel today, basing below retracement 80.30/40 targetting low at 79.40/50 if 80.00 is penetrated and based below first, while a base above said retracement is to 80.70 then 81.00/10 must hold

Euro/Usd This pair is still on downtrend despite good breakout movement on friday(around 100 pips gain, review previous post) but failed to continue & base above, falling later and opened below today, targetting 1.4010/20, while above 1.4300 would target 1.4360/70 then 1.4390/00, basing above here would change the whole picture and target 1.4450 later on…

Gbp/Usd This pair is still on downtrend, again based below retracement today at 1.6190/00 targetting 1.6100/10, basing below here would target our short term buy signals(other 2) for this pair., while a break above is to target 1.6285/90 then 1.6330/40 must hold

Euro/Chf This pair is squeezed today bt. resistance and support which is perfect for a breakout strategy. To the upside we have a small margin but enough good pips, basing above 1.2140/50 to target 1.2180/90 while below 1.2100 is to target 1.20000(but as always take care of false breakouts and follow the main currency pair(Euro/Usd) movement for confirmation)

Gbp/Chf This pair is also in same scenario above 1.3730 is to 1.3850 while below would target 1.3640/45, then 1.3610/15 must hold.

Euro/Jpy This pair is still on downtrend, targetting 113.80/85, then 113.40/50, while retracement is at 114.60/70, above is to 115.50/60 then 115.90/00 must hold

Gbp/Jpy This pair is still on downtrend, targetting 129.10/20, below would extend weakness t0 128.00/10 but with some support on the journey road to the valley…lol, while above retracement at 130.00/10 is to 130.80 then 131.30/40 would hold.

Euro/Gbp This pair moving in decisive area today, basing above 0.8850 is to target 0.8920/30 while below 0.8810/15 is to target 0.8790 then 0.8770, breah here would extend weakness to 0.8720 low.

Usd/Cad This pair is still on uptrend, but front resistance is at 0.9840/50, break is to 0.9870 then 0.9895/00 must hold while retracement at 0.9800 break is to 0.9770

Aud/Usd This pair is still on downtrend, after again having rejection above and falling down to target 1.0500/10 while above is to 1.0620 and 1.0640 must hold(must move today bt. those prices low and high)

Nzd/Usd This pair is still on downtrend, in same scenario of rejection… targetting 0.7980/90 while above is to hold at 0.8140/50

Gold turned it today to uptrend channel after around 4 days on downtrend, basing above 1533 targetting high at 1549/50 but would find some resistance at 1540/41, while below 1533 would change my view to target 1522/23 then 1517/18 must hold.

Oil still on powerful downtrend from many past days, targetting psycological level at 90, basing below is to 87.80/90 while front resistance is at 93 basing above is to retracement at 94.00/10 then 95.40 must hold.

  • A Forex Trading Tip for today is quickness of thinking then acting fast. This combination is very important in forex trading. And can be built and then improved by preparing your homework well for the coming day.
    For example, price for a certain pair might be at a good buy or sell level to execute a trade and you might see that clearly but you are not totally sure of that which is making you standby waiting for a better opportunity at lower or higher price to execute an order. In General this postponing of action would lead you to open a trade at a worse price, it might be lower or higher than the previous price but the market situation at that certain time was more better to gain good pips than later on.
    All this complication is due to lack of preparation. But While using my signals & analysis you have clear prices to buy or sell at, ofcourse with cautious about not using the signal if market price is retesting my signal price but only use at first hit(bounce trading), which would gain you a fast 10 -30 pips gain(in seconds to few minutes) and sometimes much more pips but after longer period of time.
    Always Take in mind that many times not taking a trade is more hurtful than taking it, being reluctant in forex trading is a very bad habit that could be found in many traders and would lead to consistent losses after postponing and postponing the time and price of market entrance then caught in failure trading when you decide to enter the market, maybe you took a pill of courage or something…lol

The worst that could happen while taking a trade is to then focus at price action and if market price is going against you close the trade at small loss 10-30 pips or lower for my short term signal(despite that you’re mainly not going to be in such situation if you follow my rules for this strategy), while for the Medium Term strategy if retracement is penetrated(mainly after bouncing some good pips for you to gain then market price might retest the level for a possible breakout), if you are still holding your position then you simply close it if breakout turns right( not false) and join the breakout strategy trend, for example Euro/Usd friday breakout from 1.4240/50 to 1.4340/50.
This quick thinking(in some seconds or few minutes) can be built with more forex experience and some courage( a pill is not necessary…lol) & at first preparing your homework well, by having a forex trading plan(what’s your TP, SL, when to enter the marke, when to exit, when to sit at standby…).
If you find your forex trading system(created by you or others) or couple of indicators combined, to be good enough and you had good gains even if in demo account & you know well its pros & cons, then keep and use it for consistency, do not search the internet each minute for something new and maybe better, starting again and again from the zero point. Consistency is very crucial in forex trading(for example even with only a moving average, RSI, Stoch or MACD you can gain good money if you perfect them…). You can add some good tools every now and then but do not throw everything you had and begin from scratch every sometime…
Using my Daily Signals & Analysis in your forex trading plan would more power your decision to enter the market at the right time and price, despite that some traders too much rely on my daily posts without having a great system or couple of indicators to combine bt. both for confirmation and they still gain good consistent money in the forex market…simply because they got obsessed about my daily signals and analysis to a degree they know how it exactly works and when is the best time to use or not by following my strategy rules accuratly. This is the whole story point of view, getting used to 1 forex trading strategy, not always changing thinking that there’s much better thing somewhere…

Have A Great Trading Day

Hello Traders,

Forex Signals & Analysis for 21st June 2011:

Short Term Signals:

Usd/Chf Buy 0.8385/90 then 0.8350/55 then 0.8295/00, sell 0.8535/40 then 0.8570/75 then 0.8625/30

Gbp/Usd Buy 1.6100/05 then 1.6055/60 then 1.6000/05, sell 1.6270/75 then 1.6305/10 then 1.6375/80

Usd/Jpy Buy 80.00 then 79.85 then 79.70/75, sell 80.40/45 then 80.55/60 then 80.75

Euro/Usd Buy 1.4190 then 1.4135/40 then 1.4080/85, sell 1.4410/15 then 1.4490/95

Medium Term Daily Strategy:

Usd/Chf This pair is moving sideways, above 0.8460 is to 0.8520 then to our short term sell signals, while basing below 0.8440 might target 0.8340/50

Usd/Jpy This pair is on downtrend channel from yesterday, below 80.30 is to 79.50/55 if 80.00 is broken first(had been facing strong support here), while above 80.30 is to 80.60/70 then 81.00/10 must hold

Euro/Usd This pair is moving sideways, having good resistance at 1.4370/80, break here is to our short term sell signals while below 1.4300 is to 1.4190 then a break is to 1.4120/30 & 1.4070/80 must hold for today

Gbp/Usd This pair is still on downtrend channel, but moving sideways above 1.6210 might target 1.6270 then 1.6335/40 while below 1.6200 is to target 1.6120/30.
I believe that this pair would keep moving sideways till tommorow but more proferrable is a buy on dips because tommorow is UK Meeting Minutes and mainly the sterling currency powers before this crucial news release, but also be ready for all scenarios…

Gbp/Chf This pair opened on downtrend channel, would target 1.3620 first & low is at 1.3470/80 while above 1.3730 is to 1.3820/30(We had a successful breakout strategy for this pair yesterday, review previous post).

Euro/Chf Also this pair with successful breakout strategy yesterday to the downside, today basing below 1.2090 is to 1.2010/15 while above 1.2120 is to 1.2160/70

Euro/Jpy This pair is moving today bt. 114.70, below is to 113.80/90, and 115.35/40, above is to 115.90/00, while moving in bt. both prices is for scalping.

Gbp/Jpy This pair is still on downtrend, low is at 129.00/10, above 130.10 is to 130.70 then a break here would hold at 131.60/70

Usd/Cad This pair moving sideways, above 0.9800 is to 0.9840/50 while below 0.9770 is to 0.9700

Euro/Gbp This pair basing on uptrend today, above 0.8820 targetting 0.8850/60 first then break here might target 0.8920/30, while below 0.8820 is to 0.8800 break here would target 0.8770 then 0.8720 must hold

Nzd/Usd This pair is still on downtrend, targetting 0.8010/20 while basing above 0.8100 is to target 0.8140, above here might target 0.8200

Aud/Usd This pair is still on downtrend, after again being rejected at above, targetting low at 1.0500/10, while above 1.0670 is to 1.0690/00 then 1.0630/40 must hold

Gold is still on uptrend, targetting 1550/51, while below 1534/35 is to target 1522/23

Oil based above low resistance at 92.70/80 that tunred to support today, but still on downtrend below said support is to 91.10/20, break here might target 90.00 while basing above 94 might target 96.80/90 then 98.60/70 must hold

We have 2 Important News release today for the Dollar & Canadian Dollar Currencies:

  • Existing Home Sales: Buy Usd/Chf & Usd/Jpy if 5.15M or above while Buy Euro/Usd & Gbp/Usd if below 4.60M

  • Core Retail Sales: Buy Usd/Cad if 0.8% or above while sell if below 0%

Have A Great Trading Day

Hi moneymaker, when do you consider it being a base?

Hi Canialegui,

Break then base below or above a certian price for a certain pair, Gold or Oil means trading it as a breakout strategy.
This strategy is traded by waiting for the second candle(mainly 5 minute candle is good) after the candle that broke the price to bounce back and retest the price then if the 3rd or max. 4th candle based below or above (depending if you’re going long or short) this certain price then you enter a trade.
Many Times is simple as entering the price directly after it breaks it, for example Usd/Cad breakot strategy for yesterday was “below” 0.9770 is to 0.9700, and that’s what happened in the market with few pips difference on the downside price(low was 0.9708) but anyway you can’t always milk the pips to the end especially with psycological levels as 0.9700.
There are many other examples that you can daily find for many forex pairs I daily post…Simply at end of day check what happened on your charts with the possible breakouts of these pairs, learning how to use them later on if you like…
For more safety for the long run, you must adapt the breakout strategy contents mentioned above, not enter a trade directly when it touch the price because of possible false breakout reasons & it might turn out to be good for a bouncing strategy than for a breakout…

Best Luck

Hello Traders,

Forex Trading Signals & Analysis for 22nd June 2011:

Short Term Signals:

Usd/Chf Buy 0.8370/75 then 0.8355/60 then 0.8315/20, sell 0.8455/60 then 0.8480/85 then 0.8500/05

Euro/Usd Buy 1.4305/10 then 1.4255/60 then 1.4210/15, sell 1.4470/75 then 1.4495/00 then 1.4570/75

Usd/Jpy Buy 80.00 then 79.90 then 79.75, sell 80.40 then 80.50 then 80.65

Gbp/Usd Buy 1.6165/70 then 1.6135/40 then 1.6105/10, sell 1.6280/85 then 1.6300/05 then 1.6350/55

Medium Term Daily Strategy:

Usd/Chf This pair is from yesterday on the downtrend channel, basing below 0.8440/50 targetting 0.8340/50 but finding good support at 0.8400, once this level is penetrated weakness must continue, while a base above 0.8440/50 is to target 0.8520 then possibly to 0.8595/00(with FOMC Statement being released today)

Usd/Jpy This pair is on the downtrend channel, but finding good support as expected at 80.00, below would extend weakness to 79.60/65, while above 80.50 is necessary to then target 80.70 then 81.00/10 and possibly 81.40/50

Gbp/Usd This pair is squeezed bt. resistance and support with a perfect situation for a breakout strategy, just before few hours from Crucial News Release for the sterling currency “UK Meeting Minutes”, above above 1.6250 is to 1.6340/50 while below 1.6210 is to 1.6120. Keep a close look and Good Luck…

Euro/Usd This pair based on the uptrend channel today (above 1.4340),despite falling from high price at 1.4433 in few hours time but a kept base above 1.4340 would keep it with the possibility of going up again targetting our short term sel signals for this pair while below good support at 1.4340 would target 1.4260 then around 1.4200 must hold.

Euro/Chf This pair is still moving sideways bt. 1.2100 below is to 1.2010/20 and above 1.2120 is to 1.2160, a break here might target 1.2240/50.

Gbp/Chf This pair is still on downtrend, below 1.3680 targetting 1.3480/90 just if 1.3620 is broke first, while above 1.3680 is to 1.3720/30 then 1.3790/00 must hold

Gbp/Jpy This pair is moving in a decisive area, below 130.20 is to 129.00/05 while above is to 130.60 then a break here is to 131.50/60

Euro/Jpy This pair is still moving sideways despite a break to the upside but must base above 115.30 to target 115.90/00 and a break here is necessary to confirm a powerful base on uptrend channel, targetting 116.40/50 then 116.70, while a bse below 115.10 is to target 114.60 then possibly low at 113.90/00.

Euro/Gbp This pair is on uptrend from yesterday, targetting 0.8920/30 then break here might target high at 0.8970/80, retracement is at 0.8840 break is to 0.8820 then 0.8800/10 must hold(unless the sterling currency powers with its news release and the Euro weakens fast with FOMC Statement).

Usd/Cad This pair is on downtrend today after a successful breakout stratgey yesterday(review previous post…,hope you used it to gain good money…), retracement is at 0.9760, break would change my downside view to target 0.9800/05 then 0.9840 while low is at 0.9690, below here is to 0.9670

Nzd/Usd This pair is squeezed today bt. resistance at 0.8150 break is to 0.8200/10 then 0.8250 and support at 0.8110 break is to 0.8050

Aud/Usd This pair would move bt. support at 1.0580 break is to 1.0520 and resistance at 1.0600 above is to 1.0640/50, break here would extend gain to possibly 1.0710/20

Oil is still on downtrend, got rejected again and basing below 94 targetting 92.80 but there’s still a possibility to the upside if bases above 94 targetting 96.90/00 then break here is to 98.60/70

Gold is still on uptrend, targetting 1552/53, retracement is at 1540/41 break is to hold at 1534/35, but below here would base it on downtrend targetting 1522 later on(remember today is a crucial day with very important news release coming on…)

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

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

  • FOMC Statement: All traders ears & eyes would have good focus at what Fed Chairman Ben Bernanke would announce in late hours today, it i a late time for some countries near the GMT Zone so it would be a sleep for death for some traders or wake up for party for others… Excuse me for this description but this might be the reality since this day had been waited for by many traders from long ago with the ending of QE2 and what would be next?! Usd/Jpy & especially Usd/Chf are in historic lows and what can be more bad?!!
    Back to the Bernanke possible talks, if he announces the end of QE2 with no extension(no extended period), if he admit that there’s inflation problem, & would take measures also regrading unemployment, then the Dollar Currency would power as no other currency had powered before…lol
    While if he keeps his boring talks about keeping rates low for extended period and announce the extention of QE2 and buying more bonds, then say Bye Bye for the dollar currency and wait for new historic lows…

*** After receiving several emails from traders using my Signals & Analysis asking me to post the daily achievements of the pairs gained pips besides Gold & Oil with entry and exit prices, for traders to better understand how to trade my Signals & Analysis & how they work. And due to my lack of time to do that, I decided to give traders the opportunity to help me with that by sending me a detailed email about each pair achievement(Gain & Loss) also Gold & Oil of each day, for me to pick the best detailed email and post it before my new daily Signals & Analysis post.
All rights would be reserved with the trader name(or username) and email address(if he or she wish) posted with the whole email contents.
Besides, I’ll also like traders to send me their personnel achievements if they like…

Have A Great Trading Day

Hello Traders,

Forex Signals & Analysis for 23rd June 2011:

Short Term Signals:

Usd/Chf Buy 0.8320/25 then 0.8290/95 then 0.8245/50, sell 0.8450/55 then 0.8480 then 0.8525/30

Usd/Jpy Buy 79.95/00 then 79.80/85 then 79.65/70, sell 80.80

Gbp/Usd Buy 1.5970/75 then 1.5925/30 then 1.5795/00, sell 1.6245/50 then 1.6335/40 then 1.6405/10

Euro/Usd Buy 1.4275/80 then 1.4215/20, sell 1.4440 then 1.4480 then 1.4515/20

Medium Term Daily Strategy:

Usd/Chf This pair collpased to our expected support 0.8340/50 yesterday and was another successful breakout strategy. Before boosting up again after Bernanke good talks(unusually) especially about no QE3 which powered the dollar and collapsed the Euro… Today this pair didn’t yet base on uptrend facing good resistance at 0.8440/50, a break here is necessary & wouldn’t be hard to achieve if the dollar keeps powering and would target 0.8520 then 0.8550, while kept below said resistance is to 0.8430/40

Usd/Jpy This pair broke to the upside, but must keep basing above 80.50 targetting 81.00/10, while below 80.30 would again take it back to 80.00

Euro/Usd This pair reversed collapsing down after Bernanke talks, today basing on downtrend below 1.4330/40 targetting as low as 1.4130/40 while above said resistance is to target 1.4400, above here would change the whole view…

Gbp/Usd This pair is still on downtrend from yesterday big fall after bad MPC Meeting Minutes news release and good Bernanke talks continued on its weakness, today retracement is at 1.6120/30 break is to 1.6200/10, while below is to our short term buy signals and take note that 1.6050 would be forming a low resistance later on if this pair fails to break above and kept going down…

Euro/Chf This pair is still moving sideways but on downtrend channel, low is at 1.1990, retracement is at 1.2070 break is to 1.2090/00 then break here is to 1.2140/50

Gbp/chf This pair is still on downtrend from yesterday big fall that was another good breakout strategy(read previous post), today retracement is at 1.3580/90 break is to 1.3680 then 1.3750 would hold while low is at 1.3450, below here is not expected but break would extend weakness…

Euro/Jpy this pair is looking to base below 115.20 targetting 113.95/00 while above is to 115.90/00

Gbp/Jpy This pair is still on downtrend, retracement is at 129.60, break is to 130.25/30 then 131.20/30 must hold while low is at 128.50 that must hold but if broken weakness must extend.

Euro/Gbp This pair is still on uptrend, high is at 0.8980/90, retracement is at 0.8880/90 break is to 0.8820/30 that must hold

Usd/Cad This pair is still on downtrend, basing below 0.9760 only above here would change my view and target 0.9800/05 then 0.9840/50 while low is at 0.9680

Nzd/Cad This pair basing today on uptrend above 0.8130 and 0.8150 would be forming a front support if price kept going up targetting 0.8250 while below 0.8130 is to 0.8050/60

Aud/Usd This pair is on downtrend, targettting 1.0500/10 while retracement is at 1.0580/90 break above 1.0600 is to 1.0630 then 1.0650

Gold is still on uptrend, retracement is at 1544 break is to 1537 and 1535 must hold while high is at 1553/54

Oil is still on downtrend trying to break above 94.30/35 to target 95.70 then a break here is to 98.10/20 that must hold while kept below is to 92.00/10

We have an Important News Release for the Dollar Currency Today:

  • New Home Sales: Buy Usd/chf & Usd/Jpy if 350K and above while Buy Euro/Usd & Gbp/Usd if 260K and below, vice versa for sell.

Have A Great Trading Day

Hello Traders,

Forex Signals for 24th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8340/45 then 0.8320/25 then 0.8280, sell 0.8440/45 then 0.8470/75 then 0.8500/05

Usd/Jpy Buy 80.15/20 then 80.00 then 79.70/75, sell 80.85/90 then 81.00/05 then 81.25/30

Euro/Usd Buy 1.4090/95 then 1.4015/20 then 1.3905/10, sell 1.4405/10 then 1.4475/80

Gbp/Usd Buy 1.5910/15 then 1.5865/70 then 1.5800, sell 1.6095/00 then 1.6140/45 then 1.6205/10

Medium Term Daily Strategy:

Usd/Chf This pair is still on downtrend after again being rejected from 0.8440, today retracement is at 0.8400 above is to 0.8430/40, break is to our short term sell signals while basing below 0.8400 is to 0.8340 then break is to 0.8300/05

Usd/Jpy This pair is still on uptrend basing above 80.40 targetting 80.80(also yesterday’s successful short term sell order), break is to as high as 81.20/30 while below 80.40 might again target 80.00

Gbp/Usd This pair is still on downtrend, retracement is at 1.6070/80(just if 1.6050 is broken, which turned yesterday to a low resistance after this pair kept going down, review previous post), break of retracement is to 1.6180/90 then break here must hold at 1.6280/90, while below is to our short term buy signals.

Euro/Usd This pair is still on downtrend, trying to break above but would face resistance at 1.4285, break is to 1.4320, break here would target 1.4400 that must mainly hold, while low is at 1.4110/20

Euro/Chf This pair is still on downtrend, must be kept above 1.1940 for today targetting retracement 1.20000, break is to 1.2070/80 then 1.2130 must hold, I’ll not target new historic lows like yesterday’s too much oversold area but wait for this pair to go up again.

Gbp/Chf This pair is still on downtrend, also went to a very oversold area, but basing today above 1.3400 targetting retracement at 1.3500, break is to 1.3640/50 that must hold.

Euro/Jpy This pair still on downtrend, targetting our yesterday low before retracing to retracement today at 114.85, break is to 115.10 then break here is to hold at 115.90, while low is at 113.80

Gbp/Jpy This pair is still on downtrend, despite retracing after hitting our yesterday hold price at 128.50, today low is at 128.20, retracement is at 129.20/30, break is to 130.10 then 131.00 must hold.

Euro/Gbp This pair is still on uptrend, targetting 0.8970/80, retracement is at 0.8880 break is to 0.8840 that must hold but if broken my upside view or this pair would change.

Usd/Cad This pair is basing on yptrend channel today above 0.9760 after chnaging my view with a break of 0.9770 yesterday and going to my first target at 0.9805 then following to 0.9823 but not continuing upward, today kept above 0.9760 is to 0.9840, while below might target low at 0.9690.

Aud/Usd This pair is still on downtrend, collapsed more than expected yesterday to pullback today and base above low at 1.0500, retracement is at 1.0550 break is to 1.0590 then 1.0620/30 must hold

Nzd/Usd This pair is moving sideways, above 0.8150 is to target 0.8190/00 while below 0.8120 is to target 0.8050

Gold collapsed more than expected yesterday, despite that low price that was expected from my side was around 1518(it went to a very oversold area at 1512) but didn’t expect it to break easily below 1535 at first, anyway today retracement is at 1531 break is to 1535 while low is at 1517, breaking below would target 1500(after breaking 1512 yesterday low price).

Oil is still on downtrend, also 90.00 was expected but went a little below to around 89, today low is at 90.90, break is to 89 then 87, while retracement is at 92.90/00 break is to 94.80/90, above would change my downside view and might target 97.60

Have A Great Trading Day

Hello Traders,

Forex Signals & Analysis for 27th June 2011:

Short Term Signals:

Usd/Chf 0.8280/85 then 0.8260/65 then 0.8210/15, sell 0.8395/00 then 0.8430/35 then 0.8465/70

Usd/Jpy Buy 80.15/20 then 80.00 then 79.70/75, sell 81.00/05 then 81.25/30

Gbp/Usd Buy 1.5885/90 then 1.5825/30, sell 1.6040/45 then 1.6080/85 then 1.6115/20

Euro/Usd Buy 1.4090 then 1.4045/50 then 1.3950/55, sell 1.4315/20 then 1.4375/80

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, trying to base above retracement at 0.8380 targetting 0.8420/30 then break here would lead to 0.8460 then 0.8520 must hold, while kept below retracement is to our short term buy signals

Usd/Jpy This pair still on an uptrend movement, basing above 80.40 targetting 0.8120/30 while below said support is to again retest 80.00 despite that this scenario do not look realistic but nothing is impossible in forex…

Euro/Usd This pair is still on downtrend, targetting 1.4070/80, below is to our short term buy signals while retracement is at 1.4220, break is to 1.4275/80.

Gbp/Usd This pair is still on downtrend, downside continuation is to target our short term buy signals for this pair, retracement is at 1.6000/10, break is to 1.6130/40

Euro/Chf This pair is still on downtrend, again I’ll not target new historic lows but traders who are still following my downtrend analysis for this pair and had sell orders at high prices can expect first support at 1.1735/40 then 1.1700 must hold for today, while low resistance could be forming at 1.1850/60, retracement is at 1.1900/10 break is to target 1.2030/40(far to occur due to daily price range but anything is possible…)

Gbp/Chf This pair is in same scenario on downtrend and high price sell order traders can expect support at 1.3200/05 then 1.3160/65, retracement is at 1.3400/10, break is to 1.3590/00(everything is possible)

Euro/Jpy This pair is still on downtrend, targetting low at 113.40/50, retracement is at 114.40/50, break is to 114.90/00

Gbp/Jpy This pair is still on downtrend, low is at 127.90, retracement is at 128.90, break above is to 129.70/80

Euro/Gbp This pair is still on uptrend but might break today to the downside if break then bases below crucial support at 0.8840/50, to then target 0.8780/90, while above 0.8880 is to target 0.8920/30then 0.8950/60 must hold

Usd/Cad This pair is still on uptrend, targetting high prices, looking to form a front support at 0.9880 targetting 0.9960/70, while retracement is at 0…98304/0, breal (not in the view but maybe) would target 0.9780/90 that must hold.

Aud/Usd This pair is still on downtrend, targetting as low as 1.0330/40, and low resistance is at 1.0450/60, retracement is at 1.0500/05 break is to 1.0560/70 that must hold.

Nzd/Usd This pair confirmed a downtrend movement today after sideways movement on down channel in last days of past week, 0.8000 would form a good support for now but if broken would target 0.7960 later on, & low resistance would be formed at 0.8030/40, retracement is at 0.8090/00 that must hold for today.

Gold is still on downtrend targetting more low at 1487 then 1481 and a more collapse is to 1464/65, and low resistance is forming at 1505/06, retracement is at 1515/16 break is to hold at 1528/29

Oil is still on downtrend, targetting low at 89.60/70, break here would extend weakness to 89.40 then 88.50 then 87.20/30, and by this said support at 89.60/70 would turn to low resistance later on…

Have A Great Trading Day

Hello Traders,

Forex Signals & Analysis for 28th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8300/05 then 0.8280/85 then 0.8250/55, sell 0.8395/00 then 0.8415/20 then 0.8445/50

Usd/Jpy Buy 80.30/35 then 80.05/10 then 79.80/85, sell 81.20/25 then 81.35/40 then 81.75/80

Euro/Usd Buy 1.4115/20 then 1.4035/40 then 1.3965/70, sell 1.4375/80 then 1.4415/20 then 1.4540/45

Gbp/Usd Buy 1.5905/10 then 1.5870 then 1.5825/30, sell 1.6040/45 then 1.6070 then 1.6125/30

Medium Term Daily Strategy:

Usd/Chf This pair is still on downtrend, retracement is at 0.8360/70, break is to 0.8400/05 then 0.8420 then break here would target 0.8500/10, low is at 0.8295/00, below is to the other 2 short term buy signals.

Usd/Jpy This pair is still on uptrend, targetting 81.00/05 then if breaks would lead to our short term sell signals, retracement is at 80.60 break would hold at 80.40, but if broken then back to retest around 80.00

Gbp/Usd This pair is still on downtrend after getting rejected from our yesterday retracement(good sell) at 1.6010, today retracement is also at 1.6000/10 break is to 1.6095/00 then if broken 1.6230/40 must hold, while low is at 1.5910/20 break is to the other 2 short term buy signals of this pair.

Euro/Usd This pair is trying to break and base on uptrend, above 1.4270 to target 1.4380/90 after a successful breakout strategy yesterday 1.4220 to 1.4280, basing below 1,4270 would target as low as 1.4090/00

Euro/Chf This pair is still on downtrend despite good yesterday retracement but holding today below retrcement at 1.1950 targetting low at 1.1860/70, while break then base above is to target 1.2020 then 1.2090/00 must hold.

Gbp/Chf This pair is still on downtrend, retracement is at 1.3380/90 break is to 1.3540/50 then 1.3640 must hold, while low is at 1.3300/10 but if broken would target new historic lows as 1.3270 then 1.3230/35.

Euro/Jpy This pair is basing on uptrend today after a boost yesterday to the upside, but might retrace to 115.00/10(buy order at this price is good) before continuing upward if possible especially that a break then base above 115.70 is necessary to keep a powerful uptrend movement targetting 116.40/50 next. below 115.00 would mix the view again to probably target 114.00

Gbp/Jpy This pair is still on downtrend, basing below 129.00 is to target 128.10/20 while above is to 129.10 is to 129.50/60 then break is to 130.50/60 that must hold.

Euro/Gbp This pair is still on uptrend, targetting 0.8975/80, retracement is at 0.8910/20 break is to 0.8860

Nzd/Usd This pair is still on downtrend, low is at 0.8020/30 break is to 0.8000 and break here is necessary to continue powerful downtrend targetting 0.7970/75 then 0.7940,while retracment is at 0.8075/80 then 0.8095/00, break is to hold at 0.8130/40

Usd/Cad This pair is still on uptrend, would target 0.9880 break is to 0.9930 then 0.9950 must hold, retracement is at 0.9840 break is to 0.9800/05 then 0.9780 must hold but if broken my upside view for this pair would change

Aud/Usd This pair is still on downtrend, low is at 1.0430/40 break would extend weakness to 1.0370/75 then 1.0340/45, while retracement is at 1.0480/90 break is to 1.0540/50 then break here is to 1.0590/00 and would mix the view.

Oil is still on downtrend, retracement is at 91.40/50, break is to 93.20 then break here would hold at 96.50, while low is at 89.10/20(if 88.50 is broken), break here would target 88.80/85 then 88.10/15 must hold

Gold is still on downtrend, retracement is at 1508/09 break is to 1525/26 then break here must hold at 1530/31, while 1499/00 would be forming a low resistance if price kept collapsing downward targetting 1487 then 1483 then 1475 must mainly hold.

  • Traders who would like to have Signals & Analysis for any other pair that I do not daily post here or futures or commodities… Feel free to post a reply informing me about what more info you’ll like me to post…

Have A Great Trading Day

As a newbie, I will like to know how did you come up with such analysis???

“Euro/Usd This pair is trying to break and base on uptrend, above 1.4270 to target 1.4380/90 after a successful breakout strategy yesterday 1.4220 to 1.4280, basing below 1,4270 would target as low as 1.4090/00”

So far EURUSD reached 1.43840 and is moving around the R1 area of 1.43500, so the analysis seems to be correct for the EURUSD pair

Hello Traders,

Edi- I like newbie traders who use my Signals & Analysis by perfecting it, meaning they tried it well on demo before going live and started to gain big money.
As a Newbie, you must less ask questions such as how do I analyze… but ask questions directly related to my strategy trading then go to real work, lesser asking more trading would be the best that a trader could do. Never take this as offensive or anything bad but as a little advise if you like…
Just look at the beauty of my Signals & Analysis superb compatibility with what happened and would happen in the market.
More would be discussed in details below.

James- Good that you lightened on 1 pair but there are much more others with 100s of pips gains too & this is a daily cycle success.

Good that this day hours are ending and nothing interesting is left(market pips got stolen…lol) for now in the market so I can clarify some points.
My Signals & Analysis are clear, no headeches no systems no indicators to watch, just follow accuratly my trading style and gain money. My posts are there for all traders to match then judge, if they like to use them then great for them, if they do not and prefer to compare at end hours of the market then also great for them to obviously see what huge pips they just lost…(by not using my post info)
I have nothing to prove, my posts info talk for me…(no arrogance)

Lets now talk about the beauty of big opportunity gained pips for today Short Term Signals & Medium Term Daily Analysis:

Euro/Usd, talking about recent results, again after successful friday breakout, today another successful breakout 1.4270 to 1.4380/90(above 100 pips gain), then you sell at this latter price, around 40 pips gain.

Gbp/Usd low at 1.5910 and that was the market low price so perfect buy, then breakout from 1.6000/10 to 1.6040, hadn’t keep the upward move for daily range reason plus 1.6050 a crucial support, but anyway you had above 30 pips to gain or close bt. 10-30 pips. In all cases. gain was comfortable to take at anytime you like without being greedy and trading smart as knowing this pair daily price range & continuation to 1.6080/90 is hard to occur…And most importantly is short term first sell signals is 1.6040/45, so it was a clear reason to close your breakout buy and sell at this price for 10-30(went around 60 pips gain) for this strategy. Simply, it’s a Win Win Situation…

Usd/Jpy Kept uptrend reaching to our target at 81.00/05 then 81.25 first sell target

Usd/Chf kept downtrend, had hit our buy target at 0.8280 and then spiked around 45 pips.

Euro/Chf look at low price buy order beauty 1.1860/70…look where’s price now…

Gbp/Chf also low price perfect buy order 1.3270, also look where’s price now…plus remember this is a historic low buy just for Euro/Chf too…

Euro/Jpy kept uptrend plus succesfull breakout 115.70 to 116.50

Gbp/Jpy Good breakout strategy, 129.10 is to 129.50/60 then …still running

Euro/Gbp kept uptrend and exactly targetted high price 0.8975/80

Usd/Cad had hit 0.9880(good sell) and reversed

Aud/Usd perfect buy at low 1.0430/40 then breakout strategy 1.0480 to 1.0540

Nzd/Usd breakout strategy, broke retracement targetted 0.8095/00 then break continue running now to 0.8130/40

Quick

  • This portion is a quick view of what happened in the market today compared to my post forex info but do not take this as a habit…lol, I’ll not be abe to daily post a review post as this for lack of time reason…give me a break…lol

But just liked to clarify what you’ll be daily expecting from fabulous results, only watch the nice accurate post prices compatible with market prices and believe that very few traders can put their clear analysis on a website for 1000s or more traders to watch and use with very high percent of accuracy as you read my above review…

To More Future Success…

Best Luck Traders

Hi ForexMoneyMaker…still trying to get a hang of reading your signals and in that respect reading your ‘results’ for today has been really helpfull. The last couple of days I’ve tried a few trades on a demo-account and will slowly start to go live. All I would like to say is thanks and keep up the good work. It helps a lot!!!

Hi Canialegui,

Well, Great that you are starting to grasp the forex market in your hands…lol
Keep trading on demo till you perfect my strategy which isn’t hard to do in short time, and I believe the short term signals with little focus would be the easiest way to start using my post infos because it is a fast gain pips strategy but if you can also quickly understand then master the Medium Term Daily Strategy then also Great which is for targetting higher pips gains…

You and other traders, feel free to ask any related strategy questions when you see yourself stuck sometimes in some misunderstanding or 2 option thoughts… For me to help you release such tension…lol
No, Really I’ll try to help all traders as much as I can…

Best Luck

Hello Traders,

Forex Signals & Analysis for 29th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8260 then 0.8230/35 then 0.8190/95, sell 0.8370/75 then 0.8395/00 then 0.8440

Euro/Usd Buy 1.4235/40 then 1.4170/75 then 1.4110/15, sell 1.4455/60 then 1.4490/95 then 1.4590/95

Gbp/Usd Buy 1.5900/05 then 1.5850/55 then 1.5790/95, sell 1.6080/85 then 1.6115/20 then 1.6190/95

Usd/Jpy Buy 80.60/65 then 80.35/40 then 80.10/15, sell 81.45/50 then 81.60/65 then 81.95/00

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement is at 0.8330/40, break is to 0.8395/00, base above here would change the downside view, low is at 0.8270/80 break here would extend weakness to the short term buy signals

Euro/Usd As you know, this pair is on uptrend from yesterday basing above 1.4300/05 today to target 1.4395/00 but a base above this crucial resistance is necessary to continue a powerful uptrend or there would be a risk to retrace back to 1.4300/05 then a possible break downward is to 1.4240 thn break is to as low as 1.4100/10(not impossible for this pair when it collapsed somedays), while a break above 1.4400 is to target 1.4440/50 then to the other short term sell signals.

Gbp/Usd This pair is still on downtrend ,finding it hard to open a new daily candle and base above 1.6000/10 that is necessary to target 1.6080/90 then break is to hold at 1.6210/20, while low is at 1.5890/00, break is to our short term buy signals

Usd/Jpy This pair is still on uptrend, base above 81.20 is necessary to contune powerful uptrend targetting our short term sell signals and the latter turning to a front support, while retracement is at 80.80, break is to 80.50/55 then 80.40 must hold but if broken my upside view would change

Euro/chf This pair is still on downtrend, but stuck today bt. support at 1.1930/40 break is to 1.1850/55, and resistance at 1.2000/05, break here is to 1.2090/00

Gbp/Chf This pair is still on downtrend, retracement is at 1.3340/50 break is to 1.3490/00 then break here is to 1.3610/20 which must hold, low is at 1.3250/60, if broken would target more historic lows as 1.3210/15 & 1.3165/70.

Euro/Jpy This pair is still on uptrend(started yesterday, read previous post), targetting as high as 117.90/00, retracement is at 115.80 break is to 115.20 that must hold but if broken my upside view would change.

Gbp/Jpy This pair is trying to base on uptrend today targetting 130.40/50 and a break above would extend gains to 131.30/40 while retracement is at 129.40/50 basing below is continuing the downtrend and upward move would only be seen as a correction, to target 128.60 then low at 128.20

Euro/Gbp This pair still on uptrend from many past days(review previous posts), targetting today 0.8995/00, breaking then basing above would announce a new cycle of highs, retracement is at 0.8940/50, break is to 0.8890/00 then break here must hold at 0.8870/80

Usd/Cad This pair is trying to break then base on downtrend by tommorow if bases below 0.9780 targetting 0.9710/20, while above 0.9820 would return it to 0.9870/80, movement would be bt. 0.9900 and 0.9920 before possible breakout.

Aud/Usd This pair is trying to base on uptrend above 1.0540/50 targetting crucial resistance at 1.0595/00, if broken and based above gains would extend to 1.0640/50 while below 1.0540/50 is to 1.0520 and a break and base below is to retain downside view to target 1.0450

Nzd/Usd This pair is also trying to base on uptrend, above 0.8100/10 targetting 0.8140/50, basing above would extend gains to target 0.8170/80 then 0.8200 must hold but if broken would target 0.8230/40, while below 0.8100/05 is to 0.8040

Gold is still on downtrend, retracement is at 1507 break is to 1523 then 1528/28 must hold while low is at 1495/96 break is to target 1493 then 1490 then 1485.

Oil is still on downtrend, trying to break to the upside but found rersistance around our yesterday breakout target at 93.20(accuratly had hit 93.36), today basing above 93.10 is to target 96.20/30, while below 92.30/40 is to 89.20/30 and upward movement would only seen as a correction of powerful past down movement.

We have an Important News Release today for the Canadian dollar:

  • CAD Core CPI: Sell Usd/Cad if 0.3% or above while Buy if below 0%

Have A Great Trading Day

There is a crucial greek vote for the second bail-out programme in a couple of hours, I think that it would be wiser to wait. Anything can happen to this pair.