Forex Buy & Sell Trading Signals

Commercial Content Trading Signals
84

Hi James,

You tell me Greek Meek Feek…lol Nothing would change… All pairs are still moving in same direction after all that mixed market movements during the news.
Besides, it was better if you traded the CAD News release if you like trading news releases instead of getting headeches about Greek news, you could had gained big money in seconds as you compare my news sell signal compatible to what happened in the market with this pair.
Most Importantly and a small hint that my Signals & Analysis would know what would happen before happening,
from early morning hours you & other traders reading my posts knew that Usd/Cad is going to start downtrend with a clear breakout strategy, so news had no effect but only was a good reason to confirm why this pair collapsed…
Also, Before the Greek News you must had gained the breakout strategy money 1.4400 to 14440/50 and ran away…lol
Again, in all cases Market is back to normal price action in same direction and you could had also repeated the same(or better by buying lower)scenario again…

Best Luck Traders

85

The Austerity Vote is passed and EUR/USD may be bullish up to 1.45

86

Hi ForexMoney Maker,

Can I humbly ask, what is your strategy trading then?

Thanks

87

Hi Edliu,

My Forex Trading Strategy is Short & Medium Term Strategies that you can read how they work in my first posts of this thread(also enlightened in other posts) and follow the accurate rules to better trade, or you can use them as a bonus info with your own trading strategy.

Good Luck

88

Hello Traders,

Forex Signals & Analysis for 30th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8285/90 then 0.8260/65 then 0.8230, sell 0.8385/90 then 0.8405/10 then 0.8445/50

Usd/Jpy Buy 80.15/20 then 79.80/85, sell 81.20/25 then 81.45/50 then 81.70/75

Gbp/Usd Buy Buy 1.5970/75 then 1.5930 then 1.5890/95, sell 1.6140 then 1.6200/05

Euro/Usd Buy 1.4330/35 then 1.4280/85 then 1.4235/40, sell 1.4420/25 then 1.4595/00

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, targetting 0.8270 while break is to our short term buy signals, retracement is at 0.8340/50 break is to 0.8380/90, break above here would change my downside view to then target 0.8440 then 0.8460 then 0.8510/20 must hold

Usd/Jpy This pair is trying to break then base on downtrend, basing below 80.40 is necessary to achieve that, targetting our short term buy signals for this pair, while above is to 81.00/05

Gbp/Usd This pair starting an uptrend today, keeping a base above 1.6080 targetting 1.6200/10, while below 1.6040/50 would change this view targetting 1.5970

Euro/Usd This pair is still on uptrend, targetting as high as 1.4600 and if brokem would extend gains above here to target 1.4690(or by tommorow),retracement is at 1.4400 break is to 1.4340, below here would change my upside view.

Euro/Chf This pair starting an uptrend today, basing above 1.2010/15 targetting 1.2080/90, break here is necessary to keep a powerful uptrend, targetting 1.2040/50, while below 1.2000 would change my upside view risking down to 1.1920/25

Gbp/Chf This pair is still on downtrend, but trying to break above, stuck in bt. resistance at 1.3470 break is to 1.3600, and support 1.3360 break is to 1.3250

Euro/Jpy This pair is still on uptrend, targetting 117.80, retracement is at 116.10/15 break is to 115.75/80 then 115.40 must hold but if broken then my upside view would change.

Gbp/Jpy This pair is on uptrend from yesterday,basing above 129.40 targetting 130.30/40 but a break then base above here is necessary for a powerful uptrend continuation, while below 129.40 would change my view, targetting 129.00/10 the a break here might extend weakness to low at 128.20/25

Usd/Cad This pair is on downtrend from yesterday after a successful breakout, low today is at 0.9660 break then base belwo here would target 0.9625/30 then 0.9600 must mainly hold, while retracement is at 0.9740.50 then 0.9770/80 must hold

Euro/Gbp This pair is still on uptrend, targetting 0.9020, break is to 0.9040 then 0.9060/65 must hold, while retracement is at 0.8960/70 break is to 0.8910/20

Aud/Usd This pair is on uptrend from yesterday, targetting 1.0770, retracement is at 1.0610/20, break is to hold at 1.0570/80

Nzd/Usd This pair is on uptrend from yesterday, targetting new historic highs as 0.8370/75 then break could lead to as high as 0.8470/80(but maybe lack of daily average price range would keep this pair from going that high and reserve it for tommorow or…but everything is possible), 0.8280 would be forming a front support if this pair kept going high, retracement is at 0.8200, break is to 0.8140/50

Oil is basing on uptrend after successful breakout yesterday, targetting 96.00/10 while retracement is at 93.70/80, break is to 93.20/30, base below here would change my upside view, to then target 92.60/70 and a break here would extend weakness to 90.40/50 but 89.50 would hold.

Gold is trying to break upward, would move bt, support at 1510 break is to target 1495/96, and resistance at 1522 to target 1528

We have an Important News Release for the Canadian Dollar:

  • CAD GDP: Sell Usd/Cad if 0.1% or above while Buy if -0.2% or below

Have A Great Trading Day

89

perhaps a silly question, but when you talk about retracement for you it is likely to go back to there?

90

what happened to the chf today??..lost so much on each and every pair all of u sudden…so big party bying against???

91

Hi Canialegui,

About Retracement, market price not necessary to always go back to retracement in an up or downtrend, but it mainly occur when price is stuck in resistance or support area not able to break above or below accroding to if the pair is on up or downtrend, so market price pulls up or down to retracment to then begin a fresh start from there to try breaking the resistance or support level at retest.

While About Chf Pairs, this is normal to happen sooner or later because of historic lows these pairs are facing. Mainly I do not sell these pairs on historic lows, but just when a clear downtrend is starting like what happened in past weeks, recently was around 0.8500 and targetted low at 0.8275 for the Usd/Chf pair, such example is also seen for Euro/Chf & Gbp/Chf.
Besides if you had sold at that beggining trend price, you’ll not be caught in a reversal because you would be at high price, you can’t sell each day any pair just because its on downtrend, there are specific prices and Chf pairs have a special situation, also Yen pairs, these are better searched for an uptrend to start to buy or a very clear downtrend start to sell unless you do not sell these pairs.
First and last, you must be compatible with the market, if you had mistaken selling at some price and ssaw that market price is clearly going against you, then close your sell order and buy, especially thjat my strategy is clear, such as Usd/Chf pair yesterday if broke 0.8340/50 then would lead to 0.8390 then…So if you7 had a sell at that price and saw market price broke above you close your order fast(quick thinking) and open a buy order which is much safer since sooner or later price would spike above again, some traders have buy orders Usd/Chf at 0.8700 or 0.9000 or …, Euro/Chf 1.2500 or 1.2800 or 1.3000, Gbp/Chf 1.3700, 1.4000…, and not really worried because prices are in historic lows and would turn up again sooner or later, but ofcourse it’s not like buying these pairs at any price and waiting for them to go up again or dreaming of intervention happening…lol
Briefly, I talked about quick thinking then acting in previous posts, you take your small loss and go with the market momentum to a big gain, and for example for the Usd/Chf it had hold to much at 0.8340/50 before breaking above, so after many tests of this level, it was simple easy to close a sell order and wait for a breakout strategy 0.8340/50 to 0.8390 then…

Honestly, what took you to those pairs, you had many clear uptrend starts fromfew days as Euro/Usd, Euro/Gbp, Aud/Usd, Nzd/Usd and downtrend for Usd/Cad. I always say that the best is to sell or buy at beginning of an up or downtrend but also retracement, low, high, breakout are very profitable but you must trade accurately as mentioned above and you’ll never ever be found in a surprise situation.
Never hold on a loss order, simply close and use a new strategy a breakout after a sell order failed for excample the Usd/Chf pair yesterday.

Best Luck

92

Hello Traders,

Forex Signals & Analysis for 1st July 2011:

Short Term Signals:

Usd/Chf Buy 0.8285/90 then 0.8230/35 then 0.8160, sell 0.8500/05 then 0.8550 then 0.8635/40

Usd/Jpy Buy 80.15/20 then 79.95/00 then 79.65/70, sell 80.95/00 then 81.15/20 then 81.45/50

Gbp/Usd Buy 1.5950 then 1.5900/05 then 1.5830/35, sell 1.6145/50 then 1.6190/95 then 1.6260/65

Euro/Usd Buy 1.4415/20 then 1.4375/80 then 1.4325/30, sell 1.4565/70 then 1.4595/00 then 1.4660/65

Medium Term Daily Analysis:

Usd/Chf This pair is basing on uptrend today, above retracement at 0.8380 targetting 0.8520 then to our other short term sell signals, 0.8410 would be forming a front support if price kept going up later on, while below retracement is to 0.8335/40 then 0.8300, below is to our short term buy signals

Usd/Jpy This pair is stil on uptrend, despite retracing yesterday but opened above, there would be supports at 80.60 then 80.40, if breaks might lead to 80.05/10 then 79.95/00 must hold, while kept above 80.70 is to target 81.00, break is to our other short term sell signals.

Gbp/Usd This pair is trying to base above 1.6050 to set on uptrend, targetting 1.6140 then 1.6240/50 must hold, while basing below 1.6020 is to target 1.5980 then 1.5940/50 then to the other short term buy signals(1.5870 would form good suport too)

Euro/Usd This pair is stil on uptrend, targetting 1.4560/70 then if broken to our other short term sell signals, retracement is at 1.4430/40 break then base below is to target 1.4320.

Euro/Chf This pair is still on uptrend, targetting resistance at 1.2275/80, break is to 1.2300/10 then 1.2370 then 1.2365/70, and if Chf pairs keep gaining fast on a weak Chf Currency then 1.2490/95 would not be far from being a target, retracement is at 1.2100, break is to 1.2060 then 1.2000/10 must hold.

Usd/Cad This pair is still on downtrend, targetting 0.9590/95 then as low as 0.9525/30, if kept collapsing down then 0.9650 would form a low resistance, retracement is at 0.9695/00(good resistance), break if occured would target 0.9740 then 0.9760/70

Nzd/Usd This pair is still on uptrend, retracement is at 0.8210/20, break is to 0.8140/50 while above is to 0.8300 and 0.8320 must hold but if brokenm them more historic highs.

Euro/Gbp This pair is still on uptrend, might hold at resistance 0.9040/50, but if broken then to 0.9090 then 0.9110/15 and 0.9150/60 would hold, retracement is at 0.9000/05, break is to 0.8940/50

Gbp/Chf This pair is on uptrend targetting, 1.3580/90, break is to 1.3675/80, retracement is at 1.3430/40, break is to 1.3340/50

Aud/Usd This pair is still on uptrend, targetting 1.0720/30, break is to 1.0770/75 then 1.0795/00, retracement is at 1.0640/50, break is to target 1.0570/80

Gbp/Jpy This pair is still on uptrend, above 129.20 targetting 129.90, break is to 130.20/25 then 130.50/60 then 131.40/50 would hold, while below 129.20 is to target 128.20/25

Euro/Jpy This pair is still on uptrend, would find resistance at 117.40/50, break then base above here would extend gains to 117.80 then 118.35/40 must hold, retracement is at 116.50, break is to 115.80 then 115.40/50 must hold.

Gold is still on downtrend, retracement is at 1503/04, break is to 1513/14 then 1522/23 must hold, while good support low is at 1489/90

Oil is still on uptrend, high is at 96.90/00, retracement is at 94.00/10, break is to 93.00/10, if broken then to target 91.80 then 91.00/10

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

  • UK Manufacturing PMI: Buy Gbp/Usd if 53 or above while sell if 50 or below

  • US ISM Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 53 or above while Buy Euro/Usd & Gbp/Usd if 50 or below

Have A Great Trading Day

93

Hello Traders,

Forex Signals & Analysis for 4th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8380/85 then 0.8340 then 0.8280/85, sell 0.8555/60 then 0.8590/95 then 0.8660/65

Usd/Jpy Buy 80.35/40 then 80.15/20 then 79.85/90, sell 81.25/30 then 81.45/50 then 81.75/80

Gbp/Usd Buy 1.5985/90 then 1.5945/50 then 1.5900/05, sell 1.6135/40 then 1.6160/65 then 1.6225/30

Euro/Usd Buy 1.4435/40 then 1.4360/65 then 1.4345/50, sell 1.;4590/95 then 1.4620/25 then 1.4690/95

Medium Term Daily Analysis:

Usd/Chf This pair is stil on uptrend, retracement at 0.8445/50, break is to 0.8420 then 0.8395/00 must hold but if broken then base below my upward view will change targetting 0.8340 then 0.8300/05, while high is at 0.8540/50

Usd/Jpy This pair is on uptrend, below 80.70 is to 80.50 and a base below here would change my upward view to target 80.25 then 80.10 then 80.00, while above is to 81.05/10

Gbp/Usd This pair is still on uptrend, retracement is at 1.6055/60, break is to 1.6020 then 1.5970 then 1.5935/40, while on the upside targetting 1.6120 above here might extend gains to our short term sell signals.

Euro/Usd This pair is still on uptrend, retracement at 1.4510, a base below is to target 1.4385 then 1.4350/60, while on the upside targetting 1.4595/00 then 1.4640

Euro/Chf This pair is still on uptrend, retracement is at 1.2250/60, break is to 1.2120 then 1.2070/80 must hold, while to the upside targetting 1.2370, break would extend gains to 1.2460/70

Usd/Cad This pair is still on downtrend, retracement is at 0.9620/25, break is to 0.9695/00 then break here is to target 0.9730/40, low is at 0.9550/60 good support, a break then base below here is to 0.9485/90

Nzd/Usd This pair is still on uptrend, retracement is at 0.8260/70, break is to 0.8180 then 0.8140/50 must hold, while on the upside targetting 0.8320/30

Euro/Gbp this pair is still on uptrend, high at 0.9090/00, retracement at 0.9030/40, break is to 0.8970/80

Gbp/Chf This pair is still on uptrend, targetting 1.3740/50 then to as high as 1.3900/10, retracement is at 1.3560/70, break is to 1.3450/60

Aud/Usd This pair is still on uptrend, would face resistance at 1.0795/00, retracement is at 1.0720/25, break is to 1.0620/30

Gbp/Jpy This pair is still on uptrend, targetting 131.50/60, while retracement is at 129.50/60, break is to 129.20, below here would change my upside view targetting 128.95/00 then 128.40/50 and 128.00/10 would hold.

Euro/Jpy This pair is still on uptrend, would find resistance at 117.90/00, retracement is at 117.10/20, basing below here is to target 116.00/10

Oil is still on uptrend, targetting 96.50/60 then 97.60/70 then 98.80/90 must hold, retracement is at 94.70/80, break is to 94.30/35, break here is to target 93.30/40, below here would change my upside view

Gold is still on downtrend, retracement is at 1493/94, break then base above is to 1500/01, low is at 1479/80

Have A Great Trading Day

94

Hi FMM,

I have another question.

The best time to enter a trade for the medium term strategy is at the start of uptrend or downtrend movement(that I daily update you with) at the open of the new daily candle.

I live in the Netherlands and my daily candle opens at 2 AM, when I’m hopefully sound asleep. So it’s not after the candle has been 6 hours on it’s way that I finally catch up. Which makes it a lot more difficult to enter an up- or down trend from the beginning. What strategy do you suggest?

Thanks and keep up the good work!!!

95

Hi Cania,

Well, Some Traders also face same problem with different reasons as they work at that time or like you sleeping period or …
But for the sleeping period reason, many wake up to execute the trade then go to sleep.
Besides, I always try to give traders a clear possibility of possible change of trend before the actual trend occur by 1 day as you’ll see in my below post.
Anyway, many times the price of the pair that is starting an up or downtrend would not really move too much because tokyo session do not have that large amount of pips range as London & NewYork, but sometimes Aussi & Kiwi pairs moves at good pace at that time because most of both currencies news releases come out around that time.
But mainly you can still sell or buy at price near the start of trend price and sometimes even better especially after a big bullish or bearish daily candle of the previous day, the market price retraces before going continuing the trend direction later on.
Besides, you can always trade as swing trading strategy that you can learn here on babypips.com I believe on some area on this website or any other good forex website. With this strategy you’ll always sell or buy according to the trend movement woth little focus at possible breakout at the swing high or low price.
Other strategies is to use retracement to sell or buy according to trend movement, high or low which would mainly be buttom prices for the pair for that day, also breakout strategy is very helpful too and can be used most often.
Do not make hedeches for yourself, just follow my analysis accurately and you must find it hard to find a good trade to execute at any time during the day.
As I said in previous posts, the short term stratgey is much easier with quick pips gains, for example yesterday sell order for the Gbp/Usd pair was 1.6140/45 and all traders surely saw how market price collapsed and still till now from that level.
It’s mainly a 10 to 30 fast pips gain strategy but in reversal movement situations for some pairs at sometimes it can bemuch much more as this pair yesterday(around 100 pips till now).

Good Luck

96

Hello Traders,

Forex Signals & Analysis for 5th July 2011:

Short Term Signals:

Usd/Chf Buy 0.8450/55 then 0.8435/40 then 0.8415/20, sell 0.8520/25 then 0.8535/40

Usd/Jpy Buy 80.50/55 then 80.35/40 then 80.20/25, sell 81.10/15 then 81.30/35

Euro/Usd Buy 1.4455 then 1.4415/20, sell 1.4590/95 then 1.4620/25 then 1.4660/65

Gbp/Usd Buy 1.6025/30 then 1.6000/05 then 1.5950/55, sell 1.6140/45 then 1.6175/80 then 1.6210/15

Medium Term Daily Strategy:

Usd/Chf This pair is still on uptrend, basing above retracement at 0.8460 targetting 0.8550/60, below retracement is to target 0.8420/25 then 0.8400/10 must hold.

Usd/Jpy This pair is still on uptrend, targetting 81.15/20, basing above here would extend gains and the latter price would form a front support in coming days, retracement at 80.70/80, break is to 80.50/55 must hold

Euro/Usd This pair is on the glimpse of breaking out of uptrend targetting downtrend channel with a breakout price(as said yesterday) at 1.4500 targetting 1.4400/10, then break here would confirm downtrend movement to target 1.4350/60 then 1.4330/35(if not today then by tommorow), while on the upside, only a base again above 1.4500 would target 1.4560/70 then 1.4600/05 high

Gbp/Usd This pair is also breaking to downtrend, if bases below 1.6020(then mainly 1.6000 would be also better for psycological level reasons), targetting 1.5960/70 then 1.5920/30, while only a pullup to base above 1.6070 would target 1.6110/20 and keep it on uptrend channel.

Euro/Chf This pair still on uptrend, had hit retracement at 1.2270/80 in early today hours, break is to as low as 1.2110/20(closing around this price can lead to a start of downtrend by tommorow), while on the upside would face resistance at 1.2390/00(if had the chance to go there)

Usd/Cad This pair is still on downtrend, trying to break to the upside, retracement at 0.9620, break is to 0.9695/00 then 0.9710/20, while low is at 0.9550/55

Nzd/Usd This pair still on uptrend, but had face resistance above and trying to break to the downside which can be succeeded if bases below 0.8280 to then target 0.8195/00(closing today daily candle around this price could lead to a start of downtrend by tommorow), while high is at 0.8320/30

Euro/Gbp This pair still on uptrend, but trying to break out from 0.9030 targetting 0.8980/90 then break here is to 0.8910/20, while high is at 0.9100/05 that would hold(if reached)

Gbp/Chf This pair is still on uptrend, retracement at 1.3595/00, break is to 1.3570/75 then below here is to target as low as 1.3470/80( a base around here might lead to a start of downtrend by tommorow), while on the upside is to target 1.3695/00, and a break above is to 1.3740/50, another break above here is to 1.3840(might not be affordable today but as always to let you be ready for any possibility)

Aud/Usd This pair breaking uptrend channel from 1.0710/20 targetting 1.0630/40 then good support at 1.0610/15( basing below or around both prices might lead to a start of downtrend by tommorow), on the upside high is at 1.0795/00(meaning sell order)

Euro/Jpy This pair still on uptrend, retracement is at 117.20 break then base below is to target 116.80/90 then as low as 116.30/40, while high is at 118.00/10

Gbp/Jpy This pair is still on uptrend, retracement at 129.80 break is to 129.40/50 then 129.00/10, high is at 131.40/50

Gold is still on downtrend, holding below retracement at 1498/99, while a base below 1494 then 1492 is to lead to 1477 low

Oil still on uptrend, retracement is at 94.70 break is to 94.10/15 then 93.60(a close of today daily candle around here might lead to a start of downtrend by tommorow targetting low at 90.00/10, while high is at 98.10/20 with some resistance levels on the road up as 96.40 then 97.60

We have an Important News Release for the Sterling Currency today:

  • UK Services PMI: Sell Gbp/Usd if 52 or below while Buy if 55 or above

Have A Great Trading Day

97

Hi ForexMoneyMaker,

Thanks for taking time and posting these things. I am a novice trader and trying to use your data. The retracement levels what you mention are of very much use for me currently. Your accuracy is worth appreciation.

Thank you.

98

Hi DSB,

Thank You for the Compliment. I fee really happy when traders use my Signals & Analysis successfully, other than the retracement good strategy, the breakout strategy is also perfect to trade and many many big pips possibilities were found yesterday(other past & coming days was and will always be found) From Chf Pairs huge pips gains to Euro/Usd Gbp/Usd…
Also Trend, Highs & lows are very useful, mainly I try to cover all possibilities in my Analysis so all traders do not get surprised but always trading in the direction of the market movement.

Best Luck

99

Hello Traders,

Forex Signals & Analysis for 6th July 2011:

Short Term Signals:

Usd/Chf Buy 0.8340 then 0.8310 then 0.8235/40, sell 0.8505/10 then 0.8550/55 then 0.8600/05

Usd/Jpy Buy 80.65/70 then 80.50 then 80.30, sell 81.30/35 then 81.45/50 then 81.70/75

Gbp/Usd Buy 1.5965/70 then 1.5920/25 then 1.5850/55, sell 1.6150/55 then 1.6195/00 then 1.6265/70

Euro/Usd Buy 1.4340/45 then 1.4300/05 then 1.4205/10, sell 1.4555/60 then 1.4615/20 then 1.4675/80

Medium Term Daily Strategy:

Usd/Chf This pair reversed to the downside, traders had a good breakout strategy yesterday for this possibility and succeeded, today basing below 0.8400 would target 0.8340 then 0.8300/10 must hold, while a reverse and base above 0.8400 is to 0.8420/30, then a base above here might retest 0.8500/10

Usd/Jpy This pair still on uptrend, despite retracing down to yesterday and today retracement at 80.80, break is to 80.50/60 then 80.20 and would change the upside view while on the upside is to target 81.15/20

Gbp/Usd This pair still on uptrend, after a successful breakout strategy yesterday 1.6070 to 1.6110/20(take note that you must had entered a buy trade at second attempt after price went to around 1.6086 then back down to around 1.6065 maybe, so you enter at this moment when it continued up again by buying at 1.6070, by this you are safe and you entered after price retracing not at the first attempt when market price was affected by sterling news release because sometimes it can keep going down after spiking, just a forex hint…),
Today a base above 1.6100 is necessary to keep a powerful trend, targetting 1.6120/30 then basing above 1.6140 is to target 1.6260/70, while below 1.6035/40 might target 1.6000 then 1.5960/70, take note that tommorow there’s sterling BOE Rate Decision news release, so this pair might not really spike or collpase or take a clear trend decision before tommorow news but mainly would keep moving sideways as had been doing from last week till now.

Euro/Usd This pair collapsed from uptrend after a successful breakout strategy yesterday from around 1.4500 to 1.4400/10(traders had the chance to easily sell again & again from above before the big collapse occured), today squeezed bt. support at 1.4420, break then base below is to 1.4350/60 then break below here is to our short term buy signals confirming downtrend, and resistance 1.4470, break is to 1.4500/10 then 1.4540, above here do not seem possible but would confirm uptrend continuation and down move would be seen as a correction.

Euro/Chf This pair collpased from uptrend after a successful breakout strategy yesterday 1.2270/80 to 1.2110/20, but still must confirm downtrend start if bases below 1.2120 to target 1.2095 then a base below here is to 1.2000/10 and would confirm downtrend by this movement, while kept above 1.2120 is to 1.2190/00 then 1.2240/50 must hold.

Usd/Cad This pair is still on downtrend, low is at 0.9540/50, while a base above 0.9630 is to 0.9690/00 then 0.9730/40 must hold

Nzd/Usd This pair held on uptrend after unability to base below, high is at 0.8350/60, while a bse below 0.8270 is to 0.8210/20 then 0.8160/70 must hold.

Euro/Gbp This pair collapsed down from uptrend to downtrend after a successful breakout strategy 0.9030 to 0.8980/90, basing today below 0.8995/00 to target 0.8910/20, while above 0.9000/05 is to 0.9040/50(I do not cheer this possibility but everything is possible in forex).

Gbp/Chf This pair collpased from uptrend yesterday after a successful breakout strategy from 1.3570/75 to 1.3470/80, but must base below 1.3470 to target as low as 1.3320 with support levels as 1.3440 then 1.3375 on the road down, while kept above 1.3470 is to target 1.3540 then 1.3560 then 1.3620 must mainly hold

Aud/Usd This pair is still on uptrend, after a pull up to base above 1.0700/10 targetting high at 1.0800/10, while basing below 1.0700 might target 1.0650/60 then 1.0620 must mainly hold.

Euro/Jpy This pair fell from uptrend but squeezed bt. resistance at 117.00 break is to 117.60 then 117.90/00 must mainly hold, and support at 116.50/60, break is to as low as 115.70/80 with support level 116.00 on the way down.

Gbp/Jpy This pair is still on uptrend, basing above 129.70/75 targetting 131.40/50, while below 129.50/60 is to target 129.00/10 and by this changing trend direction

Oil is still on uptrend, targetting 98.50/60, break then base above would more power uptrend later on, retracement is at 96.10/20, break is to 94.40/50 then a base below 94.20 would change trend direction to target 93.25 then 92.40 later on…

Gold broke to the upside, but would face good resistance at 1516/17, breaking above here would more power uptrend move to target 1519/20 then 1523/24 but 1527 must mainly hold for today, while retracement is at 1505/06, break is to 1501/02 then base below here is to target 1493/94 that must mainly hold

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

  • ISM Non-Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 55 or above while Buy Euro/Usd & Gbp/Usd if 52 or below

Have A Great Trading Day

100

Thank you…

101

Hi Margalit,

You Are Welcomed. I invite all traders reading and using my Forex Signals & Analysis to share in this thread poll with an Honest Straight Foward opinion(Yes, No, or Sometimes). I’ll not take the World’s Best Forex Trader for this…lol but just for a feedback that could be helpful for other traders later on.

Best Luck

102

Hello Traders,

Forex Signals & Analysis for 7th July 2011:

Short Term Signals:

Usd/Chf Buy 0.8340/45 then 0.8320/25 then 0.8275/80, sell 0.8450/55 then 0.8475/80 then 0.8510/15

Euro/Usd 1.4220/25 then 1.4175/80 then 1.4065/70, sell 1.4465/70 then 1.4535/40 then 1.4605/10

Usd/Jpy Buy 80.65/70 then 80.55/60 then 80.35/40, sell 81.15/20 then 81.25/30 then 81.45/50

Gbp/Usd Buy 1.5910/15 then 1.5865/70 then 1.5790/95, sell 1.6105/10 then 1.6155/60 then 1.6220/25

Medium Term Daily Strategy:

Usd/Chf This pair is still basing on downtrend from yesterrday, despite not big fall but as you realized even after going up, filtering later on and closing daily candle below 0.8400, retracement is at 0.8405, break is to 0.8415/20 then basing above here is to target 0.8440/50 then 0.8500/10 and high at 0.8540/50 must hold, while kept basing below 0.8400/05 is to as low as 0.8300/10

Usd/Jpy This pair is still on uptrend after many tests of retracement at 80.80 and failure to base below that would target 80.60 then 80.25/30 and low as 80.00/05, while high is at 81.20/30

Gbp/Usd This pair basing on downtrend, below 1.6020/30 targetting as low as 1.5900/10, break then base below here would extend weakness to our short term buy signals for this pair, while a base above 1.6030 is to target 1.6075/80 then break here would power upward movement to target our short term signals(take note that there’s an important news release today for the sterling currency that would effect this & other GBP Pairs)

Euro/Usd This pair is on downtrend from yesterday after confirmation(basically traders reading my posts were ready for this collapse journey from 1.4500(you remember)), retracement is at 1.4390/00, break is to 1.4430/40 then a base above would change direction and target 1.4465/70 then break is to 1.4530 then 1.4585/90 would hold, while kept below retracement then low resistance that is at 1.4350 is to target as low as 1.4100/10

Euro/Chf This pair is basing on downtrend from yesterday after confirmation, targetting as low as 1.1800/10, retracement is at 1.2100/10, break is to 1.2130/40, basing above here would change direction and target 1.2240/50

Usd/Cad This pair left downtrend after a successful breakout strategy yesterday 0.9630 to 0.9690/00, today squeezed bt. support at 0.9640 break then base below is to 0.9540/50, and resistance at 0.9670 break is to 0.9690/00, a base above here would change direction and target 0.9740/50 then 0.9820/30 would hold.

Gbp/Jpy This pair is basing on downtrend today after a successful breakout strategy yesterday 129.50/60 to 129.00/10, today basing below 129.70 targetting as low as 128.10/20, while only a base above 129.70 would change direction and target 130.90/00(after breaking above 130.20).

Nzd/Usd This pair is still holding on uptrend after being rejected from below for 3 days now, a base above 0.8270 is to target high at 0.8350/60, while a base below support 0.8240 is to 0.8160/70 then if broke would hold at 0.8100

Euro/Gbp This pair is still on downtrend from yesterday confirmation, targetting 0.8920 break is to 0.8810/20, retracement is at 0.8980/85, break is to 0.9000, while a base above here would change direction to target 0.9020 then 0.9050/60 then if broken high at 0.9090/00 would hold

Gbp/Chf This pair is on downtrend from yesterday confirmation, basing below 1.3480/90 targetting as low as 1.3230/40, while above retracement is to 1.3540, breal then base above is to target 1.3650/60 then 1.3690/00 must mainly hold.

Aud/Usd This pair is still on uptrend, despite successful downward breakout strategy 1.0700 to 1.0650/60 but again pulled up to open above 1.0700/10 targetting high at 1.0810/20, while below 1.0680 is to target 1.0620 then 1.0550/60 would hold(if price would reach there)

Euro/Jpy This pair is on downtrend after yesterday confirmation, with successful breakout strategy 116.50/60 to 115.70/80(some bonus for traders is that market price fell a little more to 115.55 but mainly better close is at 115.70/80, no greedy always follow the rules for TP or SL), retracement is at 116.40, break is to 116.70, above here would chnage direction & target 116.90/00 then basing above is to 117.60/70.

Gold is still on uptrend, powered more than expected yesterday but as much as you are following the trend(started from 2 past days) you have no problem, targetting as high as 1555/56(take profit for traders who started the trend with me 2 days before), retracement is at 1517, break is to 1505 then 1493/94 would hold

Oil is still on uptrend targetting 97.95/00(take profit for traders that started the trend with me from many past days), retracement is at 96.50, break is to 95.00/10, then 94.10/20 must mainly hold but if broken and based below a downtrend would be confirmed.

  • Maybe My Analysis for today are with many scenarios & too much talk…lol but traders must really be ready for an Important day with many crucial news releases for many currencies.

We have Very Important News Releases today for the Dollar, Sterling, Euro, Canadian Dollar Currencies:

  • BOE Rate Decision & Asset Purchasing Facility: Buy Gbp/Usd if rate 0.75%(current 0.50%), while sell if Asset Purchasing Facility 220 Billion or above(Current 200 Billion), mainly both numbers are expected to stay as current unless a big surprise occur but the BOE Statement would be decisive for traders, GBP pairs look collpasing as Gbp/Usd & Gbp/Jpy are on downtrend movements but everything is possible.

  • ECB Rate Decision then Trichet Press conference: Buy if 1.50% while Sell if kept at 1.25%. It is more clear that rates would be raised to 1.50% as recent ECB talks confirm but Trichet talks would be vitale to decide were the Euro Currency would be going especially if hints at more rate hikes for coming months.

  • ADP Non-Farm Employment Change: Buy Usd/Chf & Usd/Jpy if above 100K while Buy Euro/Usd & Gbp/Usd if below 30K or stay out of the market if no clear numbers are hit, and wait for Tricher Press Conference that would be after 15 Minutes of this news release.

  • CAD IVEY PMI: Buy Usd/Cad if 63 or below while sell if 68 or above, Generally the Canadian Dollar seem to be in a good situation for a clear trade especially that all crucial news releases would be before this news release, so market would be more clear at what direction it would be moving.

Have A Great Trading Day

103

Hello Traders,

Forex Signals & Anaylis for 8th July 2011:

Short Term Signals:

Usd/Jpy Buy 80.75/80 then 80.50/55 then 80.25/30, sell 81.60/65 then 81.75/80 then 82.10/15

Euro/Usd Buy 1.4225/30 then 1.4165/70 then 1.4110/15, sell 1.4435/40 then 1.4470/75 then 1.4565/70

Gbp/Usd Buy 1.5925/30 then 1.5900/05 then 1.5860/65, sell 1.6025/30 then 1.6050/55 then 1.6085/90

Usd/Chf Buy 0.8360/65 then 0.8325/30 then 0.8270/75, sell 0.8520/25 then 0.8555/60 then 0.8615/20

Medium Term Daily Strategy:

Nzd/Usd This pair is still on uptrend, retracement is at 0.8300, break is to 0.8270/75 then break here is to 0.8180/85 that must mainly hold, high is at 0.8390/00

Usd/Cad This pair is still on downtrend, after failuer of breaking our yesterday resistance at 0.9670 and collapsing down to close below today retracement at 0.9610, break is to 0.9635/40 then 0.9690/00 and 0.9720/30 would hold if reachable, while low is at 0.9510/20

Euro/Gbp This pair made a hude collapse as a result of downtrend movement but retraced up later to close above, today squeezed bt. resistance at 0.9000/10 break is to 0.9040/50 and high is at 0.9090/00 that would hold, and support 0.8980/85, break is to 0.8930/40 then 0.8900/10, closing around this price would contune downtrend movement.

Aud/Usd This pair is still on uptrend, targetting high at 1.0840/50, break above mustn’t occur but if happens and abses then above, more highs would continue later on, retracement is at 1.0740, break is to 1.0710/20 then break here would change direction targetting 1.0620/25 that must hold.

Euro/Chf This pair made a big fall to previous day low price then retraced to close above, squeezed today bt. support at 1.2080/90, break is to retest 1.1970/80(1.2000 support level on the way), and resistance at 1.2160/70, break is to 1.2210/20 and a base around here would change trend direction then high is at 1.2360/70 if reachable today.

Euro/Jpy This pair also had same scenario big fall then retracing up, support at 116.50/60 break is to good support at 155.80, break here would extend weakness, and good resistance at 116.90/00, break here would change direction to target 117.50/60 and high is at 118.20 if reachable today.

Gbp/Jpy This pair also with similar scenario like many other pairs after mixed news releases yesterday, support at 129.50/55, break is to 129.00/10 then low at 128.40/50 must hold, and resistance at 130.00, break the base above is to target high at 130.60/70 then 131.00/10 must mainly hold.

Gbp/Chf This pair is kept on downtrend, after being rejected from retracment at 1.3490/00, break is to 1.3520/30 then 1.3590/00, break here would extend gains to 1.3650/60, while below said retracement is to 1.3360/70 and low is at 1.3240/50 if reachable with a crazy friday…

Usd/Chf This pair reversed after having good support at 0.8380, today basing above 0.8430/40 targetting high at 0.8520/30, a base above here would extend gains by next week with new cycle formation, while below 0.8410/20 is to retest 0.8380 then low at 0.8300/10 must hold.

Euro/Usd This pair is still on downtrend after being rejected near today retracment 1.4370/75, break is to 1.4395/00, a base above here is to 1.4440 then break would target 1.4460/70 but 1.4500 would hold, while break of 1.4330 is to retest 1.4220/25 yesterday low price and perfect buy price for our yesterday short term first buy signal for this pair.

Usd/Jpy This pair is still on uptrend, but would face resistance at 81.40/50, a break then base above here would form a new cycle to target as high as 82.00/10 if not today then by next week, retracement is at 81.10, break is to 80.90 then break here would change direction by targetting 80.60/70

Gbp/Usd This pair is still on downtrend, targetting low at 1.5890, retracement is at 1.5990/00, break is to 1.6030 then 1.6060/70 must mainly hold

Gold is still on uptrend, finding resistance at 1535, and would also face resistance at 1539/40, break is to 1544/45 then high is at 1555/56, retracement is at 1522/23 break is to 1517/18 then break here is to 1508/09, but only break here to target 1495/96 would change direction.

Oil is still on uptrend, broke above more than expected, and above our yesterday take profit but that’s okay, maybe can buy again after retracing, today retracement is at 97.50/60, break is to 95.90/00 then break would target 94.20/30 that must hold, on the upside would face resistance at 98.95/00, break is to retest 99.40/50, basing above 100 would form new cycle by next week

We have 2 Very Important News Releases for the Dollar, & Canadian Dollar Currencies today:

  • CAD Employment Change & UnEmployment Rate: Buy Usd/Cad if 5K or below while Sell if 30K or above, both if UnEmployment rate is kept at 7.4%.

  • US Non-Farm Employment Change & Unemployment Rate: Buy Usd/Chf & Usd/Jpy if above 100K for the first and kept at 9.1% for the second while Buy Euro/Usd & Gbp/Usd if 30K or below, and/or above 9.1% for the second.

Have A Great Trading Day