Hi Guys can someone please post the skype name as suggested by FMM?
Thanks
Ok one final time then PLEASE stop asking as its coughing up the thread, my Skype is James Carus add me then I’ll add you to the group.
please also be kind enough to add nathanaelcressy
on skype
:51:
Made 60pips on FMM’s signals today on one pair. It’s so easy as long as you read the analysis properly.
Looking to add more pairs over a period of a few weeks.
Thankyou FMM
Hello Traders,
Forex Signals & Analysis for 1st March 2012:
Short Term Signals:
Usd/Chf Buy at 0.8940/45 then 0.8890/95 then 0.8850/55, sell at 0.9100/05 then 0.9125/30 then 0.9200/05
Usd/Jpy Buy at 80.25/30 then 79.80/85 then 79.40/45, sell at 81.70/75 then 81.95/00 then 82.60/65
Euro/Usd Buy at 1.3240/45 then 1.3200/05 then 1.3090/95, sell at 1.3470/75 then 1.3540/45 then 1.3600/05
Gbp/Usd Buy at 1.5860/65 then 1.5840/45 then 1.5780/85, sell at 1.5990/95 then 1.6025/30 then 1.6065/70
Medium Term Daily Analysis:
Usd/Chf This pair is squeezed today bt. resistance and support, would trade as breakout on both sides, Buy at 0.9050/55 with Tp1 0.9100/05 Tp2 High at 0.9125/30 Tp3 0.9200/05 while sell at 0.9015/20 with Tp1 low at 0.8940/50 Tp2 0.8890/95 Tp3 0.8850/55
Usd/Jpy This pair is on uptrend, retracement at 80.80/85, as swing buy with Tp1 81.70/75 Tp2 81.95/00 Tp3 82.60/65 while as breakout sell at 80.80/85 with Tp1 80.25/30 Tp2 79.80/85 Tp3 79.40/45
Euro/Usd This pair is squeezed bt. resistance and support, will trade it as breakouts, Buy at 1.3360/65 with Tp1 High at 1.3470/75 Tp2 1.3540/45 Tp3 1.3600/05 while sell at 1.3315/20 with Tp1 1.3240/45 Tp2 1.3200/05 Tp3 1.3090/95
Gbp/Usd This pair is on uptrend, retracement at 1.5885/95, as swing buy with Tp1 High at 1.5950/55 Tp2 1.5990/95 Tp3 1.6025/30 Tp4 1.6065/70 while as breakout sell at 1.5885/95 with Tp1 1.5860/65 Tp2 1.5840/45 Tp3 1.5780/85
Usd/Cad This pair is on downtrend, low resistance at 0.9900, break is to retracement at 0.9920/30, as swing sell with Tp1 low at 0.9900 Tp2 0.9820/25 Tp3 0.9785/90 Tp4 0.9725/30 while as breakout buy at 0.9920/30 with Tp1 0.9975/80 Tp2 1.0010/15 Tp3 1.0065/70
Nzd/Usd This pair is on downtrend, retracement at 0.8350/60, as swing sell with Tp1 low at 0.8270/75 Tp2 0.8235/40 Tp3 0.8145/50 while as breakout buy at 0.8350/55 with Tp1 High at 0.8400/05 Tp2 0.8460/65 Tp3 0.8520/25 Tp4 0.8570/75
Euro/Chf This pair is on downtrend, retracement at 1.2055/60, as swing sell with Tp1 1.2045/50 Tp2 1.2040 Tp3 1.2035 while as breakout buy at 1.2055/60 with Tp1 1.2065/70 Tp2 1.2080/85 Tp3 1.2100/10
Gbp/Chf This pair is on uptrend, retracement at 1.4320/30, as swing buy with Tp1 1.4395/00 Tp2 1.4485/90 Tp3 1.4525/30 Tp4 1.4640/45 while as breakout sell at 1.4320/30 with Tp1 1.4235/40 Tp2 low at 1.4160/70 Tp3 1.4090/95
Euro/Gbp This pair is on downtrend, retracement at 0.8410/15, as swing sell with Tp1 0.8320/25 Tp2 0.8295/00 Tp3 low at 0.8260/65 Tp4 0.8230/35 while as breakout buy at 0.8410/15 with Tp1 0.8460/65 Tp2 High at 0.8495/05 Tp3 0.8540/45
Aud/Usd This pair is squeezed bt. resistance and support, will trade as breakouts, Buy at 1.0735/40 with Tp1 High at 1.0815/20 Tp2 1.0850/55 Tp3 10905/10 Tp4 1.0955/60 while sell at 1.0715/20 with Tp1 1.0655/60 Tp2 low at 1.0625/35 Tp3 1.0535/40
Euo/Jpy This pair is on uptrend, retracement at 108.00/10, as swing buy with Tp1 108.75/80 Tp2 109.05/10 Tp3 109.40/45 Tp4 High at 109.95/00 while as breakout sell at 108.00/01 with Tp1 107.60/65 Tp2 107.35/40 Tp3 106.90/95
Gbp/Jpy This pair is on uptrend, retracement at 128.45/55, as swing buy with Tp1 High at 130.10/20 Tp2 130.65/70 Tp3 131.70/75 while as breakout sell at 128.45/55 with Tp1 127.70/75 Tp2 127.00/05 Tp3 126.25/30
Gold is on downtrend, retracement at 1724/25, as swing sell with Tp1 low at 1686/87 Tp2 1644/45 Tp3 1620/21 Tp4 1554/55 while as breakout buy at 1724/25 with Tp1 High at 1786/87 Tp2 1828/29 Tp3 1866/67
Oil is squeezed bt. resistance and support, will trade as breakouts, Buy at 107.00/05 with Tp1 108.25/30 Tp2 108.95/00 Tp3 110.50/55 while sell at 106.80/85 with Tp1 104.75/90 Tp2 103.70/75 Tp3 102.65/70
We have Important News Releases today for the Sterling & Dollar Currencies:
-
UK Manufacturing PMI: Buy Gbp/Usd if 53 or more while sell if 49 or lower
-
US Unemployment Claims: Buy Usd/Chf & Usd/Jpy if 330K or below while Buy Euro/Usd & Gbp/Usd if 380K or above
-
US ISM Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 56 or more while Buy Euro/Usd & Gbp/Usd if 51 or lower
-
Fed Chairman Ben Bernanke Would Talk today too, yesterday he surprised the market with no hint about QE which helped in the Dollar power against all currencies in Newyork session besides bad LTRO2 for the Euro Currency showing more than expected banks receive loans from ECB and loans came out as Big Numbers Biggest of all past LTRO’s.
So, We’ll see if Bernanke with continue today with no hints of QE and market sentiment might continue the turn over favoring the Dollar Currency.
Have A Great Trading Day
Results 29.02.
USD/CHF
Signal: This pair is on downtrend, retracement at 0.8980/85, as swing sell with Tp1 low at 0.8920/30 Tp2 0.8905/10 Tp3 0.8870/75 while as breakout buy at 0.8980/85 with Tp1 0.9000/05 Tp2 0.9020/25 Tp3 0.9045/50 Tp4 0.9110/20
Trade: Long with breaking to the upside and hitting TP3 for a profit of +60 pips.
USD/JPY
Signal: This pair is on uptrend, retracement at 80.40/45, as swing buy with Tp1 80.95/00 Tp2 81.15/20 Tp3 81.55/60 Tp4 High at 81.75/80 while as breakout sell at 80.40/45 with Tp1 79.90/95 Tp2 79.60/65 Tp3 79.25/30
Trade: Two trades
- Three times long with the rate breaking to the upside and hitting TP2 in the third attempt for a profit of +70 pips.
- Two times short with the rate breaking to the downside but each time only for a move of 15 pips, so I rather count these short trades as break even trades.
Overall: +70 pips
EUR/USD
Signal: This pair is on uptrend, retracement at 1.3410/20, as swing buy with Tp1 High at 1.3485/95 Tp2 1.3520/25 Tp3 1.3570/76, while as breakout sell at 1.3410/20 with Tp1 1.3385/90 Tp2 1.3355/60 Tp3 1.3320/30 Tp4 1.3245/55
Trade: Short with breaking to the downside and hitting TP3 for a profit of +90 pips.
GBP/USD
Signal: This pair is on uptrend, retracement at 1.5850/60, as swing buy with Tp1 High at 1.5930/35 Tp2 1.5950/55 Tp3 1.5975/80 Tp4 1.6040/45 while as breakout sell at 1.5850/60 with Tp1 1.5805/10 Tp2 1.5760/65 Tp3 1.5720/25 Tp4 low at 1.5660/70
Trade: no trade
USD/CAD
Signal: This pair is on downtrend, retracement at 0.9965/70, as swing sell with Tp1 low at 0.9920/25 Tp2 0.9910/15 Tp3 0.9880/85 while as breakout buy at 0.9965/70 with Tp1 0.9990/95 Tp2 High at 1.0010/15 Tp3 1.0030/35
Trade: no trade
NZD/USD
Signal: This pair is on uptrend, retracement at 0.8370/75, as swing buy with Tp1 High at 0.8405/10 Tp2 0.8425/30 Tp3 0.8445/50 Tp4 0.8480/85, while as breakout sell at 0.8370/75 with Tp1 0.8330/35 Tp2 0.8310/15 Tp3 low at 0.8275/80
Trade: Two trades
- Long with breaking to the upside and hitting TP3 for a profit of +70 pips.
- Short with breaking to the downside and hitting TP1 for a profit of +40 pips.
Overall: +110 pips
EUR/CHF
Signal: This pair is on uptrend, retracement at 1.2050/55, as swing sell with Tp1 1.2040/45 Tp2 low at 1.2030/35 while as breakout buy at 1.2050/55 with Tp1 1.2060 Tp2 1.2065/70 Tp3 1.2080/85 Tp4 High at 1.2100/10
Trade: No trade
Again like the previous two days the rate was moving sideways ranging within the retracement level and not really moving at all.
GBP/CHF
Signal: This pair is on downtrend, retracement at 1.4240/45, as swing sell with Tp1 1.4195/00 Tp2 1.4175/80 Tp3 low at 1.4155/60 while as breakout buy at 1.4240/45 with Tp1 1.4255/60 Tp2 1.4265/70 Tp3 1.4295/00 Tp4 1.4325/30 Tp5 1.4395/00
Trade: Long with breaking to the upside and hitting TP5 for a profit of +150 pips
EUR/GBP
Signal: This pair is on uptrend, retracement at 0.8460/65, as swing buy with Tp1 0.8485/90 Tp2 0.8500 Tp3 High at 0.8505/15 while as breakout sell at 0.8460/65 with Tp1 0.8450 Tp2 0.8440/45 Tp3 0.8420/30 Tp4 0.8380/85
Trade: Short with breaking to the downside and hitting TP4 for a profit of +80 pips.
AUD/USD
Signal: This pair is on uptrend, retracement at 1.0740/50, as swing buy with Tp1 1.0800/05 Tp2 High at 1.0815/25 Tp3 1.0845/50 while as breakout sell at 1.0740/50 with Tp1 1.0720/25 Tp2 1.0700/05 Tp3 1.0675/80 Tp4 low at 1.0630/40
Trade: Short with breaking to the downside and hitting TP1 for a profit of +20 pips.
EUR/JPY
Signal: This pair is on uptrend, retracement at 107.90/00, as swing buy with Tp1 109.15/20 Tp2 High at 109.55/65 Tp3 110.35/40 while as breakout sell at 107.90/00 with Tp1 107.15/20 Tp2 106.60/65 Tp3 105.95/00
Trade: Long with bouncing off the lower retracement line and moving up for 50 pips, so I count a profit of +30 pips.
GBP/JPY
Signal: This pair is on uptrend, retracement at 127.50/60, as swing buy with Tp1 128.75/80 Tp2 129.15/20 Tp3 129.40/50 Tp4 129.95/05 while as breakout sell at 127.50/60 with Tp1 126.60/65 Tp2 126.00/05 Tp3 125.40/45
Trade: No trade
Valid trades:
USD/CHF = +60 pips
USD/JPY = +70 pips
EUR/USD = +90 pips
GBP/USD = no trade
USD/CAD = no trade
NZD/USD = +110 pips
EUR/CHF = no trade
GBP/CHF = +150 pips
EUR/GBP = +80 pips
AUD/USD = +20 pips
EUR/JPY = +30 pips
GBP/JPY = no trade
Result for today: +610 pips
February: +8.480 pips
Hello,
could someone tell me how to setup the FMM retracement into MT4, I was looking for it in google and also in the forum but did not find anything expect the Fibo one wich is in the MT4 platform ? Thanks for ur support
Download the zip file, and put the indicator into the indicator folder of your MT4 platform (MT4>experts>indicator).
Shot down the platform, reopen it and insert the indicator. That’s it.
fmm line v5.zip (12.3 KB)
And how do you trade using theses 3 Horizontals ?
I’m looking for the same setup (FMM retracement) see below the graphs .
Hi Hibinator,
I’ve followed the way to setup the indicator but did not show any lines in the chart (I got only the text on left upper of the chart). Is there some specific parameters for the indicator ? or what I’m missing here .
Thanks for your help.
Hub,
Can I apply the same instructions to my Ninja Trader platform? I want to use the same indicator.
Thanks.
BTW… your trade results are ridiculously inspiring.
FMM, Been watching and learning. Just want to say thanks for your dedication. Thanks
hello, habinator
thanks for your good work and review, is any way we can follow you exactly the trade u are placin?
If someone is experienced in these signals, it would be cool if they made a twitter account to announce the trades when they take place with SL and TP levels. Might help the learning curve 
Of course the indicator doesn’t show any lines - you need to insert the values for the retracement level and tp levels as indicated in FMMs signals.
@astock
I have absolutely no idea since this indicator is not my baby. Apart form that I can’t read the entire text as the background of my chart is white and the writing is in yellow. Anyway, I don’t think the text is important; the only important information is about the main trend.
@rtmason7
Sorry, can’t answer your question if the indicator works with the Ninja Trader platform. If not, simply draw horizontal lines.
For all those newbies who lately joined and are [B]obviously[/B] not willing to read through all the posts of this thread. Otherwise you wouldn’t ask such questions.
Don’t be offended, but I must honestly say that it’s slowly getting on my nerves to permanently have to answer questions you will find the answer to if you just invest a little time and read the entire thread.
I must have said this a dozen times - my results are purely [B]HYPOTHETICAL!!![/B] I show what result would have been possible if you had traded according to the rules of FMMs signals. So my intention is just to give you a daily result to compare your trade with and learn from it.
For all those who want some support/help - a skype trading group has been created a couple of days ago. If someone is online, you can exchange trade ideas and receive help/support to improve your trading.
I got a question… im following FMM’s Post evryday. he post 6 pm new york time when he posts these signals. the retracement already got hit
EUR/USD
Signal: This pair is on uptrend, retracement at 1.3410/20, as swing buy with Tp1 High at 1.3485/95 Tp2 1.3520/25 Tp3 1.3570/76, while as breakout sell at 1.3410/20 with Tp1 1.3385/90 Tp2 1.3355/60 Tp3 1.3320/30 Tp4 1.3245/55
Trade: Short with breaking to the downside and hitting TP3 for a profit of +90 pips.
for example “1.3410/20” has been hit before he posted the signals. how could you enter a trade before he posted it?