Forex Buy & Sell Trading Signals

[Fumante]

The indicator is a Good Factor to add and you must enter each day retracement lines for each pair chart, for example: if Usd/Chf retracement level is at 0.9020/25 you enter 0.9020 in first line of the indicator inputs settings then enter 0.9025 in the other parameter.

Even without the indicator, simply just draw 2 lines one as 0.9020 the other as 0.9025 using your broker mt4 horizontal line tool.
Despite the indicator inserted alert setting is good to keep you ready at anytime if you are not always at your laptop or not always monitoring the market price movement.

Thank you for your time. I will verify your future trades to get the concept.

[derek888]

Dear FMM, Hubinator or anyone who can help.

I have searched the Internet on breakout or swing price action strategies but couldn’t find any, so any good books to read on these strategies? is it candlestick we need to learn to better trade your strategies?
Many thanks for the help.
Thanks FMM I made good pips on Friday on your signal appreciate your work.

[Hubinator]

Results 02.03.

USD/CHF
Signal: This pair is on the glimpse(only today confirmation needed) of basing on uptrend, if bases above retracement at 0.9035/45, as swing buy with Tp1 0.9085/90 Tp2 0.9100/05 Tp3 0.9130/35 Tp4 0.9175/80 while as breakout sell with Tp1 0.9015/20 Tp2 0.8995/00 Tp3 0.8975/80 Tp4 0.8940/45
Trade: Long with the rate bouncing off the upper retracement line and hitting TP3 for a profit of +90 pips.

USD/JPY
Signal: This pair is on uptrend, retracement at 80.90/95, as swing buy with Tp1 81.45/50 Tp2 81.65/70 Tp3 81.95/00 Tp4 High at 82.25/30 while as breakout sell at 80.90/95 with Tp1 80.70/75 Tp2 80.50/55 Tp3 80.25/30
Trade: No trade

EUR/USD
Signal: This pair is on the glimpse of basing on downtrend, if bases below retracement at 1.3330/40, as swing sell with Tp1 1.3260/65 Tp2 1.3240/45 Tp3 1.3200/05 Tp4 1.3170/75 while as breakout buy at 1.3330/40 with Tp1 1.3365/70 Tp2 1.3390/95 Tp3 1.3420/25 Tp4 High at 1.3465/75
Trade: Short with bouncing off the lower retracement line and hitting TP3 for a profit of +130 pips

GBP/USD
Signal: This pair is on uptrend, retracement at 1.5920/25, as swing buy with Tp1 High at 1.5975/80 Tp2 1.5995/00 Tp3 1.6020/25 Tp4 1.6065/70 while as breakout sell at 1.5920/25 with Tp1 1.5890/95 Tp2 1.5860/65 Tp3 1.5830/35 Tp4 1.5780/85
Trade: Short with breaking to the downside and hitting TP3 for a profit of +90 pips

USD/CAD
Signal: This pair is on downtrend, low resistance at 0.9880 break is to retracement at 0.9890/00, as swing sell with Tp1 low at 0.9880 Tp2 0.9820/25 Tp3 0.9805/10 Tp4 0.9770/75, while as breakout buy at 0.9890/00 with Tp1 0.9900/05 Tp2 0.9920/25 Tp3 0.9945/50 Tp4 0.9985/90
Trade: Short with bouncing off the lower retracement line for a max move of 20 pips, so rather a break even trade.

[Hubinator]

NZD/USD
Signal: This pair is on uptrend, retracement at 0.8380/85, as swing buy with Tp1 High at 0.8410/15 Tp2 0.8435/40 Tp3 0.8455/60 Tp4 0.8505/10 while as breakout sell at 0.8380/85 with Tp1 0.820/25 Tp2 0.8285/90 Tp3 0.8255/60
Trade: Short with breaking to the downside and hitting TP2 for a profit of +90 pips

EUR/CHF
Signal: This pair is on the glimpse of basing on uptrend, if bases above retracement 1.2055/60, as swing buy with Tp1 1.2070 Tp2 1.2080 Tp3 1.2100 Tp4 1.2105/10 while as breakout sell at 1.2055 with Tp1 1.2045/50 Tp2 1.2035/40 Tp3 low at 1.2030/35
Trade: Two trades

1. Long with breaking to the upside but only for a move of max 10 pips, so I rather consider this to be a break even trade since the rate remained above the upper retracement line at the end of the day.
2. Short with breaking to the downside but only for a couple of pips, so I count a loss of –10 pips.
   Overall: -10 pips
   
   
   
   

GBP/CHF
Signal: This pair is on uptrend, retracement at 1.4380/90, as swing buy with Tp1 1.4490/95 Tp2 1.4510/15 Tp3 1.4565/70 Tp4 High at 1.4610/20 while as breakout sell at 1.4380/90 with Tp1 1.4340/45 Tp2 1.4315/20 Tp3 1.4255/65
Trade: No trade

EUR/GBP
Signal: This pair is on downtrend, retracement at 0.8375/80, as swing sell with Tp1 0.8315/30 Tp2 0.8305/10 Tp3 0.8375/80 Tp4 low at 0.8260/65 while as breakout buy at 0.8375/80 with Tp1 0.8400/05 Tp2 0.8420/25 Tp3 0.8455/60
Trade: No trade

AUD/USD
Signal: This pair is on uptrend, retracement at 1.0775/80, as swing buy with Tp1 High at 1.0835/45 Tp2 1.0865/70 Tp3 1.0920/25, while as breakout sell at 1.0775/80 with Tp1 1.0730/35 Tp2 1.0690/95 Tp3 1.0660/65 Tp4 low at 1.0630/35
Trade: Short with breaking to the downside and hitting TP1 for a profit of +40 pips.

EUR/JPY
Signal: This pair is on uptrend but might change this view today if bases below retracement at 107.90/00, as swing buy with Tp1 108.50/55 Tp2 108.75/80 Tp3 109.10/15 while as breakout sell at 107.90/00 with Tp1 107.45/50 Tp2 l07.25/30 Tp3 106.85/90 Tp4 106.15/20
Trade: Two trades

1. Long with breaking to the upside for a move of 45 pips, will count a profit of +20 pips.
2. Short with breaking to the downside for a max move of 30 pips, will count a profit of +10 pips.
   Overall: +30 pips
   
   
   
   

GBP/JPY
Signal: This pair is on uptrend, retracement at 128.80/90, as swing buy with Tp1 129.85/90 Tp2 High at 130.05/15 Tp3 130.55/60 while as breakout sell at 128.80/90 with Tp1 128.70 Tp2 128.35/40 Tp3 128.00/05 Tp4 127.55/60
Trade: No trade

Valid trades:

USD/CHF = +90 pips
USD/JPY = no trade
EUR/USD = +130 pips
GBP/USD = +90 pips
USD/CAD = 0 pips
NZD/USD = +90 pips
EUR/CHF = -10 pips
GBP/CHF = no trade
EUR/GBP = no trade
AUD/USD = +40 pips
EUR/JPY = +30 pips
GBP/JPY = no trade

Result for today: +460 pips
March: +650 pips

[LearningFast]

Hi FMM I understand how you calculate the short term signals and I’m going to experiment on a demo account my own buy and sell signals (short term) for the other pairs.

My question is in principle should the short term buy and sell strategy work on the other pairs or will liquidity not be high enough ?

I’ll have my answer in 2 weeks time after I’ve tested the results in all the other pairs, just interested in your opinion but only if you have time.

Looking forward to trading the signals again this week

[cbig]

Hello,
Hubinator FMM and Learning fast if I’ve understand well you are the ones who can use this signals at the best way possible.
I know that what I’m going to ask you could seems crazy, but I’ve tried to follow this signals, but I never get the right entry…I’m a newbie… so I was wandering if you could send me or also to the others who want an email when you enter… just like “short eu” and then I follow on the signals the sl and tp and everything else, so I can try to understand why you entered and that’s will make me a better trader…now that I’m thinking about it I realize that a twitter account would be the easiest way.
I know that could take some time, but I really would appreciate that, not much for the pips that I’ll earn but more for the learning part. On twitter it take few seconds to write eu short, or gu long… and it could help a lot me and all the others in this forum. I and for sure a lot of other people from the forum will like very much the twitter account @fmmentries
could be private so only people from the forum can use it and not the all world.
Please think a bit about it.
Thank you very much, and of course if you don’t feel to do it, never mind!
Have a prosperous week!
CBig

[Fumante]

Hi FMM I understand how you calculate the short term signals and I’m going to experiment on a demo account my own buy and sell signals (short term) for the other pairs.

My question is in principle should the short term buy and sell strategy work on the other pairs or will liquidity not be high enough ?

I’ll have my answer in 2 weeks time after I’ve tested the results in all the other pairs, just interested in your opinion but only if you have time.

Looking forward to trading the signals again this week

So explain to us how calculate these short term signals, please.

[ForexMoneyMaker]

Hello Traders,

Forex Signals & Analysis for 5th March 2012:

Short Term Signals:

Usd/Chf Buy at 0.9045/50 then 0.9005/10 then 0.8965/70, sell at 0.9190/95 then 0.9210/15 then 0.9280/85

Usd/Jpy Buy at 81.10/15 then 80.75/80 then 80.45/50, sell at 82.15/20 then 82.35/40 then 82.85/90

Euro/Usd Buy at 1.3120/25 then 1.3090/95 then 1.3000/05, sell at 1.3320/25 then 1.3380/85 then 1.3430/35

Gbp/Usd Buy at 1.5760/65 then 1.5730/35 then 1.5635/40, sell at 1.5955/60 then 1.6015/20 then 1.6065/70

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9090/00, as swing buy with Tp1 0.9190/95 Tp2 0.9210/15 Tp3 High at 0.9280/85 while as breakout sell at 0.9090/00 with Tp1 0.9045/50 Tp2 0.9005/10 Tp3 0.8965/70

Usd/Jpy This pair is on uptrend, retracement at 81.35/40, as swing buy with Tp1 82.15/20 Tp2 82.35/40 Tp3 High 82.55/60 Tp4 82.85/90 while as breakout sell at 81.35/40 with Tp1 81.10/15 Tp2 80.75/80 Tp3 80.45/50

Euro/Usd This pair is on downtrend, retracement at 1.3250/60, as swing sell with Tp1 1.3120/25 Tp2 1.3090/95 Tp3 low at 1.3045/50 Tp4 1.3000/05 while as breakout buy at 1.3250/60 with Tp1 1.3320/25 Tp2 1.3380/85 Tp3 1.3430/35

Gbp/Usd This pair is on downtrend, retracement at 1.5865/75, as swing sell with Tp1 1.5760/65 Tp2 1.5730/35 Tp3 low at 1.5660/65 Tp4 1.5635/40 while as breakout buy at 1.5765/75 with Tp1 High at 1.5955/60 Tp2 1.6015/20 Tp3 1.6065/70

Usd/Cad This pair is on downtrend, retracement at 0.9890/00, as swing sell with Tp1 low at 0.9870/75 Tp2 0.9845/50 Tp3 0.9825/30 Tp4 0.9810/15 while as breakout buy at 0.9890/00 with Tp1 0.9915/20 Tp2 0.9925/30 Tp3 0.9955/60

Nzd/Usd This pair is on downtrend, retracement at 0.8330/40, as swing sell with Tp1 low at 0.8265/70 Tp2 0.8230/35 Tp3 0.8205/10 Tp4 0.8130/35 while as breakout buy at 0.8330/40 with Tp1 0.8390/95 Tp2 High at 0.8310/15 Tp3 0.8440/45 Tp4 0.8480/85

Euro/Chf This pair is on uptrend, retracement at 1.2055/60, as swing buy with Tp1 1.2070/75 Tp2 1.2080 Tp3 1.2085/90 Tp4 High a 1.2100/05 while as breakout sell at 1.2055/60 with Tp1 1.2050 Tp2 1.2040/45 Tp3 low at 1.2035/40

Gbp/Chf This pair is on uptrend, retracement at 1.4420/30, as swing buy with Tp1 1.4510/15 Tp2 1.4525/30 Tp3 1.4555/60 Tp4 High at 1.4610/15 while as breakout sell at 1.4420/30 with Tp1 1.4410/15 Tp2 1.4380/85 Tp3 1.4330/40

Euro/Gbp This pair is on downtrend, retracement at 0.8355/60, as swing sell with Tp1 0.8305/10 Tp2 0.8295/00 Tp3 0.8275/80 Tp4 low at 0.8260/65 while as breakout buy at 0.8355/60 with Tp1 0.8370 Tp2 0.8385/90 Tp3 0.8410/15

Aud/Usd This pair is on downtrend, retracement at 1.0745/55, as swing sell with Tp1 1.0685/90 Tp2 1.0665/70 Tp3 low at 1.0635/40 Tp4 1.0605/10 while as breakout buy at 1.0745/55 with Tp1 1.0805/10 Tp2 High at 1.0825/30 Tp3 1.0845/50 Tp4 1.0875/80

Euro/Jpy This pair is trying to base on downtrend if bases below 107.60/65 targetting Tp1 107.35/40 Tp2 107.10/15 Tp3 106.60/65 while if keeps base above 107.60/65 would target Tp1 108.55/60 Tp2 108.85/90 Tp3 109.25/30

Gbp/Jpy This pair is on uptrend, retracement at 129.10/20, as swing buy with Tp1 130.15/20 Tp2 120.50/55 Tp3 120.95/00 while as breakout sell at 129.10/20 with Tp1 128.85/90 Tp2 128.60/65 Tp3 128.05/10

Gold is on downtrend, retracement at 1719/20, as swing sell with Tp1 1699/00 Tp2 1694/95 Tp3 low at 1687/88 Tp4 1683/84 while as breakout buy at 1719/20 with Tp1 1726/27 Tp2 1732/33 Tp3 1741/42

Oil is on downtrend, retracement at 107.10/15, as swing sell with Tp1 104.70/75 Tp2 104.30/35 Tp3 103.85/90 while as breakout buy at 107.10/15 with Tp1 109.10/15 Tp2 109.70/75 Tp3 110.35/40

We have important news releases for the Swiss Franc, Sterling & Dollar Currencies:

• CHF Retail Sales: Buy Euro/Chf Gbp/Chf Usd/Chf if 1.6% or lower while sell if 2.4% or higher

• UK Services PMI: Buy Gbp/Usd if 57 or higher while sell if 53 or lower

• US ISM Non-Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 58 or higher while Buy Euro/Usd & Gbp/Usd if 54 or lower

Have A Great Trading Day

[canialegui]

@Hubinator Could you please put a link again of the latest indicator you’re using. I have been going up and down so many pages, but I just cannot seem to find it. Only one of the earlier ones. Tanks in advance.

[daudtrust]

@hubi what MA you use in that chart? can you share to us. thanks hubi

[Hubinator]

@Hubinator Could you please put a link again of the latest indicator you’re using. I have been going up and down so many pages, but I just cannot seem to find it. Only one of the earlier ones. Tanks in advance.

Hi, the latest indicator is posted on page 101 and thread #1010.

[Hubinator]

@hubi what MA you use in that chart? can you share to us. thanks hubi

Hello,

I use a 7 EMA on the close price (red) and a 20 SMA on the close price (green).

[myrmigki]

Well, It seem you must continue reading to the last post but neglecting the advertisements and “add me too to the skype account” posts…lol

Look, in your way reading my posts if you hadn’t read my charts tips posts yet, then when you reach find there valuable answers to your questions.
Nobody on earth can tell you before hours of market reaching retracement what to do at time market price hit retracement but again mainly at first test it must bounce at least 20pips, at time of retracement hit you can at same instant discover if it’s good for buying or selling as your Swing, Breakout & Price Action Skills would help you figure that.

In this point, I do not know Why many questions here are repeated in the same or different ways?!

Why don’t you believe me Men and Ladies, I am that neglected and not heard or read well in this area of life…LOL

Such questions have Simple answer: Learn Learn Learn Swing, Breakout, & Price Action, that’s my very easy advice for you.
Look at my previous posts charts for added Tips.
Just adapt to one strategy & system(no need to be a perfect but Good strategy plan & System, nothing is perfect) you are using for trading, perfect it instead of changing it every now and then…
You can’t believe how much this is important in Forex trading. As you perfect & stick to your strategy plan & system, you will know with Price Action Skills that at this point or indicator signal or line or whatever…market price would hold or break, when to TP, when to SL or exit at small profit/loss. Certainly, not always you’ll be right, nobody is even ME…LOL But you can surely limit losses when market go suddenly unexpectedly crazy and let profits run in other normal situations.

Even with just few weeks of trading my daily signals & analysis you’ll discover how it works.

Sometimes, Short & Medium Term Signals & Analysis are as simple as buying or sell at the signal mentioned for the first and buying or selling as swing trading(trend continuation direction movement) for the latter.
But you must also be adaptable to the other minor times that suspicious market moves appear in the picture.

An important tip for Traders that as I mention that a pair/s is on a start of uptrend or downtrend(previous days was on other direction trend), you can directly enter an order at start of a trend even if retracement is not hit despite that better to wait for retracement to be target even at start of trend movement but because sometimes the start movement is too powerful that market price start fast moving in new trend direction at first hours without going to retracement to test as swing trading since this is the start initial move which mean no fall or spike had occur for market price to perform a correction which is a swing movement to then continue trend direction or maybe in few cases a breakout(mainly happen after many days of trend start not directly same day unless some surprise news come out).

Dear ForexMoneyMaker I finally made it. I read every single thread posted by you and other traders. I have to admit they are all very usefull and enlightening. Seems like you found the [B]treasure box[/B] and invited others to share it with them That’s very gratefull from you…Hope this returns to you big times…
Thank you very much for your effort.

Now, as I had posted last Friday I placed a sell order for EUR/USD at 1.3333 right inside the retracement area as you had oriented it. This would have been a great trade given the movement development (even TP3 was hit) [B]IF[/B] trade was triggered, since according to my brokers ticket 1.3333 was never reached :58:

:o /@#*&@8 :mad:

However I took three ST signals for the same pair. Two of them successfull while one turned out to be a looser, due to very strong decline (entered at 1.3261 and cause of spread didn’t have the chance to break even-exited half way to next support 1.3240). I will continue trading using your signals and hopefully some time later I’ll make some posts of my weekly trades.

Once again thank you so much for your altruistic behaviour…:35:

[ForexMoneyMaker]

Hello Traders,

Forex Signals & Analysis for 6th March 2012:

Short Term Signals:

Usd/Chf Buy at 0.9085/90 then 0.9070/75 then 0.9040/45, sell at 0.9165/70 then 0.9185/90 then 0.9210/15

Usd/Jpy Buy at 81.00/05 then 80.80/85 then 80.45/50, sell at 82.00/05 then 82.20/25 then 82.60/65

Euro/Usd Buy at 1.3150/55 then 1.3120/25 then 1.3085/90, sell at 1.3260/65 then 1.3285/90 then 1.3330/35

Gbp/Usd Buy at 1.5785/90 then 1.5750/55 then 1.5715/20, sell at 1.5910/15 then 1.5930/35 then 1.5985/90

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9100/10, as swing buy with Tp1 0.9165/70 Tp2 0.9185/90 Tp3 0.9210/15 while as breakout sell at 0.9100/10 with Tp1 0.9085/90 Tp2 0.9070/75 Tp3 0.9040/45

Usd/Jpy This pair is on uptrend, retracement at 81.35/40, as swing buy with Tp1 82.00/05 Tp2 82.20/25 Tp3 High at 82.60/65 while as breakout sell at 81.35/40 with Tp1 81.00/05 Tp2 80.80/85 Tp3 80.45/50

Euro/Usd This pair is on downtrend, retracement at 1.3245/55, as swing sell with Tp1 1.3150/55 Tp2 1.3120/25 Tp3 1.3085/90 while as breakout buy at 1.3245/55 with Tp1 1.3285/90 Tp2 1.3330/35 Tp3 1.3355/60

Gbp/Usd This pair is on downtrend, retracement at 1.5865/70, as swing sell with Tp1 1.5785/90 Tp2 1.5750/55 Tp3 1.5715/20 while as breakout buy at 1.5865/70 with Tp1 1.5910/15 Tp2 1.5930/35 Tp3 1.5985/90, (***Traders with swing sell opened order from yesterday stay on it, do not open new order because today retracement is at same price level)

Usd/Cad This pair is trying to base on uptrend, if bases above 0.9920/25 targetting Tp1 0.9985/90 Tp2 1.0000/05 Tp3 High at 1.0045/50 while as breakout sell at 0.9920/25 with Tp1 low at 0.9880/85 Tp2 0.9850/55 Tp3 0.9820/25

Nzd/Usd This pair is on downtrend, low resistance at 0.9220/25 break is to retracement at 0.8260/70, as swing sell with Tp1 low at 0.8220/25 Tp2 0.8150/55 Tp3 0.8130/35 Tp4 0.8060/65 while as breakout buy at 0.8260/70 with Tp1 0.8295/00 Tp2 0.8340/45 Tp3 0.8375/80

Euro/Chf This pair is moving sideways, buy at 1.2055/60 with Tp1 1.2065/70 Tp2 .2070/75 Tp3 1.2080/85 while sell at 1.2050 with Tp1 1.2045 Tp2 1.2040 Tp3 1.2035(This pair is not moving at all, I considered not posting an analysis for it till something Real Good Happen to move it a little bit than 10 pips per day…lol, anyway Traders must best consider buying on every move down and rely on 5 minute chart forthis purpose taking some 5 pip profit for each order as scalping would be only solution since no news nothing is making it move until SNB decide to make a move!)

Gbp/Chf This pair is on uptrend, retracement at 1.4440/50, as swing buy with Tp1 1.4500/05 Tp2 1.4515/20 Tp3 1.4545/50 Tp4 High at 1.4610/15 while as breakout sell at 1.4440/50 with Tp1 1.4425/30 Tp2 1.4405/10 Tp3 1.4385/90 Tp4 1.4335/45

Euro/Gbp This pair is on downtrend, retracement at 0.8340/45, as swing sell with Tp1 0.8310/15 Tp2 0.8300/05 Tp3 0.8285/90 Tp4 low at 0.8265/70 while as breakout buy at 0.8340/45 with Tp1 0.8355/60 Tp2 0.8365/70 Tp3 0.8375/80 Tp4 0.8400/05

Aud/Usd This pair is on downtrend, retracement at 1.0700/10, as swing sell with Tp1 low at 1.0620/25 Tp2 1.0600/05 Tp3 1.0550/55 while as breakout buy at 1.0700/10 with Tp1 1.0740/45 Tp2 1.0775/80 Tp3 High at 1.0805/15

Euro/Jpy This pair is on downtrend, retracement at 107.75/85, as swing sell with Tp1 106.85/90 Tp2 106.40/45 Tp3 105.95/00 while as breakout buy at 107.75/85 with Tp1 108.40/45 Tp2 108.70/75 Tp3 109.35/40

Gbp/Jpy This pair is on uptrend, retracement at 129.10/15, as swing buy with Tp1 130.15/20 Tp2 120.50/55 Tp3 High at 131.35/40 while as breakout sell at 129.10/15 with Tp1 128.15/20 Tp2 127.60/65 Tp3 127.05/10

Gold is on downtrend, retracement at 1712/13, as swing sell with Tp1 1689/90 Tp2 low at 1682/83 Tp3 1671/72 while as breakout buy at 1712/13 with Tp1 1721/22 Tp2 1728/29 Tp3 1740/41

Oil is on downtrend, retracement at 107.10/15, as swing sell with Tp1 105.50/55 Tp2 104.70/75 Tp3 103.95/00 while as breakout buy at 107.10/15 with Tp1 108.05/10 Tp2 108.55/60 Tp3 109.70/75

We have important news releases today for the Australian Dollar, Sterling & Canadian Dollar Currencies:

• RBA Rate Decision & Statement: Buy Aud/Usd if rate is raised to 4.5% or kept at 4.25% or/& statement is Hawkish while sell if rate in decreased to 4.00% or/& statement is dovish.

• Uk Halifax HPI: Buy Gbp/Usd if 0.5% or above while sell if 0.1% or below

• CAD Ivey PMI: Buy Usd/Cad if 59 or below while sell if 65 or above

Have A Great Trading Day

[myrmigki]

Hello Traders,

Forex Signals & Analysis for 6th March 2012:

Short Term Signals:

Usd/Chf Buy at 0.9085/90 then 0.9070/75 then 0.9040/45, sell at 0.9165/70 then 0.9185/90 then 0.9210/15

Usd/Jpy Buy at 81.00/05 then 80.80/85 then 80.45/50, sell at 82.00/05 then 82.20/25 then 82.60/65

Euro/Usd Buy at 1.3150/55 then 1.3120/25 then 1.3085/90, sell at 1.3260/65 then 1.3285/90 then 1.3330/35

Gbp/Usd Buy at 1.5785/90 then 1.5750/55 then 1.5715/20, sell at 1.5910/15 then 1.5930/35 then 1.5985/90

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9100/10, as swing buy with Tp1 0.9165/70 Tp2 0.9185/90 Tp3 0.9210/15 while as breakout sell at 0.9100/10 with Tp1 0.9085/90 Tp2 0.9070/75 Tp3 0.9040/45

Usd/Jpy This pair is on uptrend, retracement at 81.35/40, as swing buy with Tp1 82.00/05 Tp2 82.20/25 Tp3 High at 82.60/65 while as breakout sell at 81.35/40 with Tp1 81.00/05 Tp2 80.80/85 Tp3 80.45/50

Euro/Usd This pair is on downtrend, retracement at 1.3245/55, as swing sell with Tp1 1.3150/55 Tp2 1.3120/25 Tp3 1.3085/90 while as breakout buy at 1.3245/55 with Tp1 1.3285/90 Tp2 1.3330/35 Tp3 1.3355/60

Gbp/Usd This pair is on downtrend, retracement at 1.5865/70, as swing sell with Tp1 1.5785/90 Tp2 1.5750/55 Tp3 1.5715/20 while as breakout buy at 1.5865/70 with Tp1 1.5910/15 Tp2 1.5930/35 Tp3 1.5985/90, (***Traders with swing sell opened order from yesterday stay on it, do not open new order because today retracement is at same price level)

Usd/Cad This pair is trying to base on uptrend, if bases above 0.9920/25 targetting Tp1 0.9985/90 Tp2 1.0000/05 Tp3 High at 1.0045/50 while as breakout sell at 0.9920/25 with Tp1 low at 0.9880/85 Tp2 0.9850/55 Tp3 0.9820/25

Nzd/Usd This pair is on downtrend, low resistance at 0.9220/25 break is to retracement at 0.8260/70, as swing sell with Tp1 low at 0.8220/25 Tp2 0.8150/55 Tp3 0.8130/35 Tp4 0.8060/65 while as breakout buy at 0.8260/70 with Tp1 0.8295/00 Tp2 0.8340/45 Tp3 0.8375/80

Euro/Chf This pair is moving sideways, buy at 1.2055/60 with Tp1 1.2065/70 Tp2 .2070/75 Tp3 1.2080/85 while sell at 1.2050 with Tp1 1.2045 Tp2 1.2040 Tp3 1.2035(This pair is not moving at all, I considered not posting an analysis for it till something Real Good Happen to move it a little bit than 10 pips per day…lol, anyway Traders must best consider buying on every move down and rely on 5 minute chart forthis purpose taking some 5 pip profit for each order as scalping would be only solution since no news nothing is making it move until SNB decide to make a move!)

Gbp/Chf This pair is on uptrend, retracement at 1.4440/50, as swing buy with Tp1 1.4500/05 Tp2 1.4515/20 Tp3 1.4545/50 Tp4 High at 1.4610/15 while as breakout sell at 1.4440/50 with Tp1 1.4425/30 Tp2 1.4405/10 Tp3 1.4385/90 Tp4 1.4335/45

Euro/Gbp This pair is on downtrend, retracement at 0.8340/45, as swing sell with Tp1 0.8310/15 Tp2 0.8300/05 Tp3 0.8285/90 Tp4 low at 0.8265/70 while as breakout buy at 0.8340/45 with Tp1 0.8355/60 Tp2 0.8365/70 Tp3 0.8375/80 Tp4 0.8400/05

Aud/Usd This pair is on downtrend, retracement at 1.0700/10, as swing sell with Tp1 low at 1.0620/25 Tp2 1.0600/05 Tp3 1.0550/55 while as breakout buy at 1.0700/10 with Tp1 1.0740/45 Tp2 1.0775/80 Tp3 High at 1.0805/15

Euro/Jpy This pair is on downtrend, retracement at 107.75/85, as swing sell with Tp1 106.85/90 Tp2 106.40/45 Tp3 105.95/00 while as breakout buy at 107.75/85 with Tp1 108.40/45 Tp2 108.70/75 Tp3 109.35/40

Gbp/Jpy This pair is on uptrend, retracement at 129.10/15, as swing buy with Tp1 130.15/20 Tp2 120.50/55 Tp3 High at 131.35/40 while as breakout sell at 129.10/15 with Tp1 128.15/20 Tp2 127.60/65 Tp3 127.05/10

Gold is on downtrend, retracement at 1712/13, as swing sell with Tp1 1689/90 Tp2 low at 1682/83 Tp3 1671/72 while as breakout buy at 1712/13 with Tp1 1721/22 Tp2 1728/29 Tp3 1740/41

Oil is on downtrend, retracement at 107.10/15, as swing sell with Tp1 105.50/55 Tp2 104.70/75 Tp3 103.95/00 while as breakout buy at 107.10/15 with Tp1 108.05/10 Tp2 108.55/60 Tp3 109.70/75

We have important news releases today for the Australian Dollar, Sterling & Canadian Dollar Currencies:

• RBA Rate Decision & Statement: Buy Aud/Usd if rate is raised to 4.5% or kept at 4.25% or/& statement is Hawkish while sell if rate in decreased to 4.00% or/& statement is dovish.

• Uk Halifax HPI: Buy Gbp/Usd if 0.5% or above while sell if 0.1% or below

• CAD Ivey PMI: Buy Usd/Cad if 59 or below while sell if 65 or above

Have A Great Trading Day

Hello ForexMoneyMaker
thank you for todays signals

I think NZD/USD low resistance has to be corrected as 82.20/82.25
and GBP/JPY TP2 has to be corrected as 130.50/130.55

[Hubinator]

Results 05.03.

USD/CHF
Signal: This pair is on uptrend, retracement at 0.9090/00, as swing buy with Tp1 0.9190/95 Tp2 0.9210/15 Tp3 High at 0.9280/85 while as breakout sell at 0.9090/00 with Tp1 0.9045/50 Tp2 0.9005/10 Tp3 0.8965/70
Trade: No trade

USD/JPY
Signal: This pair is on uptrend, retracement at 81.35/40, as swing buy with Tp1 82.15/20 Tp2 82.35/40 Tp3 High 82.55/60 Tp4 82.85/90 while as breakout sell at 81.35/40 with Tp1 81.10/15 Tp2 80.75/80 Tp3 80.45/50
Trade: Two trades

1. Short with breaking to the downside for a move of 20 pips, so rather a break even trade.
2. Long with breaking to the upside for a max move of 15 pips, so again rather a break even trade.
   Overall: 0 pips
   
   
   
   

EUR/USD
Signal: This pair is on downtrend, retracement at 1.3250/60, as swing sell with Tp1 1.3120/25 Tp2 1.3090/95 Tp3 low at 1.3045/50 Tp4 1.3000/05 while as breakout buy at 1.3250/60 with Tp1 1.3320/25 Tp2 1.3380/85 Tp3 1.3430/35
Trade: No trade

GBP/USD
Signal: This pair is on downtrend, retracement at 1.5865/75, as swing sell with Tp1 1.5760/65 Tp2 1.5780/85 Tp3 low at 1.5660/65 Tp4 1.5635/40 while as breakout buy at 1.5765/75 with Tp1 High at 1.5955/60 Tp2 1.6015/20 Tp3 1.6065/70
Trade: Short with bouncing off the upper retracement line but only for a move of 15 pips, so rather a break even trade.

USD/CAD
Signal: This pair is on downtrend, retracement at 0.9890/00, as swing sell with Tp1 low at 0.9870/75 Tp2 0.9845/50 Tp3 0.9825/30 Tp4 0.9810/15 while as breakout buy at 0.9890/00 with Tp1 0.9915/20 Tp2 0.9925/30 Tp3 0.9955/60
Trade: Long with breaking to the upside and hitting TP3 for a profit of +50 pips.

NZD/USD
Signal: This pair is on downtrend, retracement at 0.8330/40, as swing sell with Tp1 low at 0.8265/70 Tp2 0.8230/35 Tp3 0.8205/10 Tp4 0.8130/35 while as breakout buy at 0.8330/40 with Tp1 0.8390/95 Tp2 High at 0.8310/15 Tp3 0.8440/45 Tp4 0.8480/85
Trade: No trade

EUR/CHF
Signal: This pair is on uptrend, retracement at 1.2055/60, as swing buy with Tp1 1.2070/75 Tp2 1.2080 Tp3 1.2085/90 Tp4 High a 1.2100/05 while as breakout sell at 1.2055/60 with Tp1 1.2050 Tp2 1.2040/45 Tp3 low at 1.2035/40
Trade: Short with breaking to the downside but only for a move of max 5 pips, so I count a loss of –10 pips.

[Hubinator]

GBP/CHF
Signal: This pair is on uptrend, retracement at 1.4420/30, as swing buy with Tp1 1.4510/15 Tp2 1.4525/30 Tp3 1.4555/60 Tp4 High at 1.4610/15 while as breakout sell at 1.4420/30 with Tp1 1.4410/15 Tp2 1.4380/85 Tp3 1.4330/40
Trade: No trade

EUR/GBP
Signal: This pair is on downtrend, retracement at 0.8355/60, as swing sell with Tp1 0.8305/10 Tp2 0.8295/00 Tp3 0.8275/80 Tp4 low at 0.8260/65 while as breakout buy at 0.8355/60 with Tp1 0.8370 Tp2 0.8385/90 Tp3 0.8410/15
Trade: No trade

AUD/USD
Signal: This pair is on downtrend, retracement at 1.0745/55, as swing sell with Tp1 1.0685/90 Tp2 1.0665/70 Tp3 low at 1.0635/40 Tp4 1.0605/10 while as breakout buy at 1.0745/55 with Tp1 1.0805/10 Tp2 High at 1.0825/30 Tp3 1.0845/50 Tp4 1.0875/80
Trade: Short with almost bouncing off the lower retracement line and going down to hit TP2 for a profit of +80 pips.

EUR/JPY
Signal: This pair is trying to base on downtrend if bases below 107.60/65 targetting Tp1 107.35/40 Tp2 107.10/15 Tp3 106.60/65 while if keeps base above 107.60/65 would target Tp1 108.55/60 Tp2 108.85/90 Tp3 109.25/30
Trade: Two trades

1. Long with breaking to the upside for a move of 35 pips, so I count a profit of +10 pips.
2. Short with breaking to the downside and hitting TP2 for a profit of +50 pips.
   There was one more chance to go short or long (arrows 3 and 4) but without any significant move. Since both trades offered the chance to get out at no gain/loss I won’t count them.
   Overall: +60 pips
   
   
   
   

GBP/JPY
Signal: This pair is on uptrend, retracement at 129.10/20, as swing buy with Tp1 130.15/20 Tp2 120.50/55 Tp3 120.95/00 while as breakout sell at 129.10/20 with Tp1 128.85/90 Tp2 128.60/65 Tp3 128.05/10
Trade: Two trades

1. Short with breaking to the downside. Daily low in the area of 128.20, so I count 128.40 as potential exit which is good for a profit of +70 pips.
2. Long with breaking to the upside but only for a move of max 20 pips, so rather a break even trade.
   Overall: +70 pips
   
   
   
   

Valid trades:

USD/CHF = no trade
USD/JPY = no trade
EUR/USD = 0 pips
GBP/USD = 0 pips
USD/CAD = +50 pips
NZD/USD = no trade
EUR/CHF = -10 pips
GBP/CHF = no trade
EUR/GBP = no trade
AUD/USD = +80 pips
EUR/JPY = +60 pips
GBP/JPY = +70 pips

Result for today: +250 pips
March: +900 pips

[simbasimba]

Hi FMM,

I’m new to your signals. I’ve been trying to figure out how you get your retracement price signal for the medium term strategy. Is it based on previous day high and low or … really no idea. Hope you can help me. please…

[astock]

Hello to everybody,

first of all a big „[B]thank you[/B]“ for the creator of this thread „FMM“ and some other traders (Hub, 007 and so on) which keep this thread going on by bringing all their knowlegement in.
I appreciate a lot your work.

I will try to help a bit.
Over the weekend I put the most important advices, explanations and suggestion from FMM about his strategy into 2 word.doc files.

So if you are new to this thread, it is maybe easier to read this files ( but it has also 50 pages ) than check all the posts in this thread (more than 1000 ).

Hope it will help a bit to reduce the repeating questions.

My best regards to all

[astock]

here is the second part