I’ll add you all later tonight guys. Room had good results today.
Hi Mark, which Mark are you? There are 5. If you want to add me, search Learning Fast and look for a DVD profile pic of the film Stop Loss
Thanks learningfast and FMM of course!!
Ok I’ll add before London open tomorrow. Also a quick reminder for all people joining FMM Trading Room on Skype as Hubinator has said, it’s for trading FMM’s signals and strategy nothing else.
Hi Learning fast,
I would also like to join the FMM Trading Room (eugene.bartsaikin). I’ve added you on skype already, but in case I haven’t it should be easy to find my name. I understand it’s not for wasting time on and its only for FMM’s signals and strategy.
Thanks!
Hello Traders,
Forex Signals & Analysis for 28th February 2012:
Short Term Signals:
Usd/Chf Buy at 0.8930/35 then 0.8900/05 then 0.8870/75, sell at 0.9030/35 then 0.9050/55 then 0.9095/00
Usd/Jpy Buy at 79.65/70 then 79.25/30 then 78.40/45, sell at 81.75/80 then 82.30/35 then 82.95/00
Euro/Usd Buy at 1.3330/35 then 1.3300/05 then 1.3235/40, sell at 1.3485/90 then 1.3525/30 then 1.3575/80
Gbp/Usd Buy at 1.5775/80 then 1.5750/55 then 1.5695/00, sell at 1.5895/00 then 1.5930/35 then 1.5965/70
Medium Term Daily Analysis:
Usd/Chf This pair is on downtrend, retracement at 0.9005/15, as swing sell with Tp1 low at 0.8970/75 Tp2 0.8930/35 Tp3 0.8900/05 Tp4 0.8870/75 while as breakout buy with Tp1 0.9030/35 Tp2 0.9050/55 Tp3 0.9095/00 Tp4 0.9120/30
Usd/Jpy This pair is on uptrend, retracement at 80.45/50, as swing buy with Tp1 High at 0.8165/75 Tp2 82.30/35 Tp3 82.95/00, while as breakout sell at 80.45/50 with Tp1 79.65/70 Tp2 79.25/30 Tp3 78.40/45
Euro/Usd This pair is on uptrend, retracement at 1.3370/80, as swing buy with Tp1 High at 1.3435/45 Tp2 1.3485/90 Tp3 1.3525/30 Tp4 1.3575/80 while as breakout sell at 1.3370/80 with Tp1 1.3330/35 Tp2 1.3300/05 Tp3 1.3235/40
Gbp/Usd This pair is on uptrend, retracement at 1.5805/15, as swing buy with Tp1 High at 1.5895/05 Tp2 1.5930/35 Tp3 1.5965/70 while as breakout sell at 1.5805/15 with Tp1 1.5775/80 Tp2 1.5750/55 Tp3 1.5695/00
Usd/Cad This pair is on uptrend, retracement at 0.9975/85, as swing buy with Tp1 High at 1.0045/50 Tp2 1.0075/80 Tp3 1.0105/10 while as breakout sell at 0.9975/85 with Tp1 0.9945/50 Tp2 0.9930/35 Tp3 0.9885/90
Nzd/Usd This pair is on uptrend, retracement at 0.8370/80, as swing buy with Tp1 high at 0.8405/10 Tp2 0.8450/55 Tp3 0.8475/80 Tp4 0.8530/35 while as breakout sell at 0.8370/80 with Tp1 0.8320/25 Tp2 0.8285/90 Tp3 0.8245/50
Euro/Chf This pair is on downtrend, retracement at 1.2050/55, as swing sell with Tp1 1.2040 Tp2 low at 1.2030/35(Buy) Tp3 1.2025/30(Buy), while as breakout buy at 1.2050/55 with Tp1 1.2060 Tp2 1.2065/70 Tp3 1.2080/85 Tp4 High at 1.2105/15
Gbp/Chf This pair is on downtrend, retracement at 1.4245/55, as swing sell with Tp1 low at 1.4175/85 Tp2 1.4150/55 Tp3 1.4110/15 while as breakout buy at 1.4245/55 with Tp1 1.4280/85 Tp2 1.4395/10 Tp3 1.4340/45 Tp4 1.4400/10
Euro/Gbp This pair is on uptrend, retracement at 0.8450/60, as swing buy with Tp1 High at 0.8495/00 Tp2 0.8510/15 Tp3 0.8530/35 while as breakout sell at 0.8450/60 with Tp1 0.8430/35 Tp2 0.8415/20 Tp3 0.8395/00
Aud/Usd This pair is on uptrend, retracement at 1.0720/30, as swing buy with Tp1 High at 1.0815/25 Tp2 1.0865/70 Tp3 1.0945/50 while as breakout sell at 1.0720/30 with Tp1 1.0645/50 Tp2 1.0595/00 Tp3 1.0540/45
Euro/Jpy This pair is on uptrend, retracement at 107.60/70, as swing buy with Tp1 High at 109.20/25 Tp2 110.10/15 Tp3 111.10/15 while as breakout sell at 107.60/70 with Tp1 106.35/40 Tp2 105.60/65 Tp3 104.00/05
Gbp/Jpy This pair is on uptrend, retracement at 127.20/30, as swing buy with Tp1 High at 128.90/00 Tp2 129.80/85 Tp3 130.85/90 while as breakout sell at 127.20/30 with Tp1 125.95/00 Tp2 125.25/30 Tp3 123.55/60
Gold is on uptrend, retracement at 1767/68, as swing buy with Tp1 High at 1780/81 Tp2 1787/88 Tp3 1795/96 while as breakout sell at 1767/68 with Tp1 1756/57 Tp2 1751/52 Tp3 1741/42
Oil is on uptrend, retracement at 107.80/85, as swing buy with Tp1 109.75/80 Tp2 110.70/75 Tp3 111.75/80 while as breakout sell at 107.80/85 with Tp1 106.40/45 Tp2 105.70/75 Tp3 104.25/30
We have Important News Releases today for the Dollar & Swiss Franc Currencies:
-
US Core Durable Goods Orders: Buy Usd/Chf & Usd/Jpy if 0.2% or above while Buy Euro/Usd & Gbp/Usd if -0.8% or worse
-
US CB Consumer Confidence: Buy Usd/Chf & Usd/Jpy if 65 or more while Buy Euro/Usd & Gbp/Usd if 61 or less
-
CHF SNB Vice President Thomas Jordan would talk in later hours today, that must effect the Swiss Franc basically and Euro/Chf mainly. Might his talks come after an Intervention that might occur through the day?! I do not expect that but I expect Chf to weaken through the day and Euro/Chf to keep going up from current 1.2040/55 range to around 1.2080/85 but do not expect more than a target of 1.2100/15 before during or even after Jordan talks unless something really really important is said by Jordan or ofcourse if there’s an Intervention case.
Have A Great Trading Day
Congratulation to you Traders for the Skype FMM Traders Group Account where you can share your experiences together combining efforts to better understand my Daily Signals & Analysis. This is a Good Step. Hopefully, you use it well to increase your Forex Skills too…
It seems that all Traders on this planet had been invited to the Gang Group except ME
Anyway, When I find some spare time, do not worry I will not wait for a Special Invitation as used to…You’ll find me hacking your account at anytime…LOL
Best Luck To All
Hi FMM you are most certainly invited ! Anytime, if you add me on Skype I’ll add you straight away.
Wishing you all the very best
please add me sir
SKYPE ID: royjustinepamintuan
thank you!
Can you please add me to the group?
My skype ID is Sylverayda.
Thank you.
Can you please add me - Skype ID: esmailshaikh
Cant search the group ‘Learning Fast’… wont allow spaces…
can you add me: esmailshaikh
Results 27.02.
USD/CHF
Signal: This pair is on downtrend, low resistance at 0.8975/80 break is to retracement at 0.9000/10, as Swing sell with Tp1 low at 0.8975/80 Tp2 0.8900/05 Tp3 0.8870/75 Tp4 0.8815/20, while as breakout buy at 0.9000/10 with Tp1 0.9030/35 Tp2 0.9065/70 Tp3 0.9105/10
Trade: Short with the rate bouncing off the upper retracement line and following the main trend down to hit TP1 for a profit of +20 pips.
USD/JPY
Signal: This pair is on uptrend, retracement at 80.65/70, as Swing buy with Tp1 High at 81.60/65 Tp2 81.75/80 Tp2 82.05/10 Tp3 82.85/90 while as breakout sell at 80.65/70 with Tp1 80.00/05 Tp2 79.45/50 Tp3 79.05/10
Trade: Short with breaking the retracement level and moving for 45-50 pips, so I count a profit of +20 pips for this trade.
EUR/USD
Signal: This pair is on uptrend, high support at 1.3430/35, break is to retracement at 1.3380/90, as Swing buy with Tp1 High at 1.3430/35 Tp2 1.3520/25 Tp3 1.355/60 Tp4 1.3630/35, while as breakout sell at 1.3380/90 with Tp1 1.3345/50 Tp2 1.3300/05 Tp3 1.3245/50
Trade: Two trades
- Short with breaking to the downside but only for a max move of 15 pips, so rather a break even trade.
- Long with breaking to the upside for a move of 20-25 pips, so again rather a break even trade.
Overall: 0 pips
GBP/USD
Signal: This pair is on uptrend, retracement at 1.5820/30, as swing buy with Tp1 High at 1.5915/25 Tp2 1.5960/65 Tp3 1.6000/05 Tp4 1.6115/20 while as breakout sell 1.5820/30 with Tp1 1.5720/25 Tp2 1.5650/55 Tp3 1.5580/85
Trade: Long with the rate almost touching the upper retracement level and kind of bouncing off for a max move of 40 pips, so I count a profit of +20 pips.
USD/CAD
Signal: This pair is on uptrend, retracement at 0.9975/80, as swing buy with Tp1 1.0010/15 Tp2 high at 1.0025/30 Tp3 1.0045/50 while as breakout sell at 0.9975/80 with Tp1 0.9960/65 Tp2 0.9950/55 Tp3 0.9935/40 Tp4 low at 0.9920/25
Trade: Long with bouncing off the lower retracement line and hitting TP2 for a profit of +50 pips.
NZD/USD
Signal: This pair is on uptrend, retracement at 0.8355/60, as swing buy with Tp1 High at 0.8395/00 Tp2 0.8410/15 Tp3 0.8430/35 while as breakout sell at 0.8355/60 with Tp1 0.8330/35 Tp2 0.8320/25 Tp3 0.8290/95
Trade: Two trades
- Short with breaking the retracment level downwards and hitting TP2 for a profit of +30 pips.
- Long with breaking to the upside and hitting TP2 for a profit of +50 pips.
Overall: +80 pips
EUR/CHF
Signal: This pair is on downtrend, retracment at 1.2050/55, as swing sell with Tp1 low at 1.2030/35(Buy) Tp2 1.2020/25(Buy) Tp3 1.2005/10(Buy) while as breakout buy at 1.2050/55 with Tp1 1.2065/70 Tp2 1.2075/80 Tp3 1.2085/90
Trade: Several chances to go short with the rate slightly crossing the lower retracement line and then always going down. But no big movement at all, max move was for 10 pips, so I rather count this as a break even trade as it did not cross the retracement level upwards.
GBP/CHF
Signal: This pair is on downtrend, retracement at 1.4250/55, as swing sell with Tp1 low at 1.4200/05 Tp2 1.4165/70 Tp3 1.4145/50 Tp4 1.4120/25 while as breakout buy at 1.4250/55 with Tp1 1.4270/75 Tp2 1.4300/05 Tp3 1.4365/75
Trade: Two trades
- Long with breaking to the upside but only for a move of 15 pips, so rather a break even trade.
- Two chances to go short for a move of 20-25 pips, so here again rather a break even trade.
Overall: 0 pips
EUR/GBP
Signal: This pair is on uptrend, retracement at 0.8455/60, as swing buy with Tp1 0.8490 Tp2 0.8405/10 Tp3 0.8520/25 Tp4 0.8535/40 while as breakout sell at 0.8555/60 with Tp1 0.8440/45 Tp2 0.8430/35 Tp3 0.8410/15
Trade: Two trades
- Short with breaking to the downside but only for a move of 15 pips, so rather a break even trade.
- Long with breaking to the upside for a move of max 13 pips, so here again rather a break even trade.
Overall: 0 pips
AUD/USD
Signal: This pair is on uptrend, retracement at 1.0700/05, as swing buy with Tp1 1.0750/55 Tp2 1.0775/80 Tp3 High at 1.0800/10 while as breakout sell at 1.0700/05 with Tp1 1.0655/60 Tp2 1.0640/45 Tp3 1.0600/05
Trade: Two trades
- Short with breaking to the downside and hitting TP1 for a profit of +40 pips.
- Long with breaking to the upside and hitting TP2 for a profit of +80 pips.
Overall: +120 pips
EUR/JPY
Signal: This pair is on uptrend, high support at 109.10/20 break is to retracement at 107.90/00, as swing buy with Tp1 High at 109.10/20 Tp2 110.30/35 Tp3 110.80/85 Tp4 112.40/45 while as breakout sell at 107.90/00 with Tp1 107.00/05 Tp2 106.00/05
Trade: Short with breaking to the downside for a move of 70 pips, so I count a profit of +50 pips.
GBP/JPY
Signal: This pair is on uptrend, high support at 129.00/05 break is to retracement at 127.70/80, as swing buy with Tp1 High at 129.00/05 Tp2 130.35/40 Tp2 131.00/05 Tp3 133.10/15 while as breakout sell at 127.70/80 with Tp1 126.00/05 Tp2 124.65/70
Trade: Two chances to go short with the rate breaking the retracement line for a move of 70 pips, so I count a profit of +50 pips.
Please note I didn’t count the long trade after the rate failed to move farther away from the lower retracement line in the first attempt, because I saw that all yen related pairs were in a strong downward movement so I expected it to break the retracement level a second time.(as it did).
Valid trades:
USD/CHF = +20 pips
USD/JPY = +20 pips
EUR/USD = 0 pips
GBP/USD = +20 pips
USD/CAD = +50 pips
NZD/USD = +80 pips
EUR/CHF = 0 pips
GBP/CHF = 0 pips
EUR/GBP = 0 pips
AUD/USD = +120 pips
EUR/JPY = +50 pips
GBP/JPY = +50
Result for today: +410 pips
February: +7.490 pips
Hi FMM,
Firstly thankyou for the continued analysis you keep providing, which has led to the Skype trading group being created.
Can I just ask you a question about you post last year. You say to buy at the lower price level and sell at the higher price level.
Does this mean then, for example;
EUR/USD is in a uptrend and retracement is at 1.3400/10 as a swing buy with TP1 being 1.3500. While breakout sell is 1.3400/10 TP1 being 1.3300
Does this mean as the pair retraces down towards 1.3400/10 we would BUY at the lower price (1.3400) and not 1.3410 ?
The way I have been approaching this strategy is to wait for the retracement on the Medium term signals, look for a candle to touch the [B]upper[/B] retracement line (if we are in an uptrend) on the 5minute timeframe and then enter long. Is this right?
As you can see I’ve been back through every single page in this thread and read every post of yours to perfect my trading of your signals.
I think you understood it correctly. But with your EUR/USD example you need the rate to hit the lower retracement line. But it can also happen it only touches the upper retracement line or moves in between the lines before finally going a clear direction.
Already done