Forex Buy & Sell Trading Signals

Hi guys and FMM,

Just thought I would give a real time LIVE account of my trades from FMM’s daily analysis.

One quick note I have a weekly target of 250pips, anything I make over that is a bonus but that’s my weekly target.

Sold GBP/USD off the retracement zone, it went nicely down to 90pips, at which point I had to leave the computer for an hour or two so I locked in 70pips.
Sold EUR/USD same setup as GU, again up nearly 90pips, locked in 70.
Bought USDCHF and again this was up 60pips before I had to leave, so I locked in 50.

I got stopped out on all three pairs because my SL was up so tight, BUT just from these three trades I made 190pips today nearly my weekly target.

I could have tripled this pip count quite easily today but not being able to monitor the price as I usually do today meant I wanted to be super safe and profitable.

Quick note to those still reading the strategy, You simply can’t follow these signals without some sort of basic forex knowledge, but once you have that it’s a simple safe and incredibly profitable way to make money.

It does make it easier if you can keep an eye on your trades but if you need to leave the computer as I did today, move your stop up so you have a stress free trip and come back to some nice pips in the account.

Remember this was LIVE trading.

Good trading everyone, and remember, LEARN LEARN LEARN

Hello, how do I get a hold of your doc files? I’m trying to understand the trade signals by FMM. Thanks

No one is interested on it?

Dear FMM

On ST signals is it the same for other pairs as well? as I have noticed that there are the TP to buy and sell?

Astock…

YOU ROCK!!! What a great move, my pip-bother!

I would be if I had a Twitter account. I think it would be helpful, IMHO.

Your results are inspirational, LF. Great job! I hope to have the same results.

Hello Traders,

Forex Signals & Analysis for 7th March 2012:

Short Term Signals:

Usd/Chf Buy at 0.9115/20 then 0.9080/85 then 0.9050/55, sell at 0.9225/30 then 0.9245/50 then 0.9300/05

Usd/Jpy Buy at 80.25/30 then 80.00/05 then 79.45/50, sell at 81.65/70 then 82.00/05 then 82.45/50

Euro/Usd Buy at 1.3050/55 then 1.3020/25 then 1.2945/50, sell at 1.3215/20 then 1.3265/70 then 1.3310/15

Gbp/Usd Buy at 1.5620/25 then 1.5575/80 then 1.5460/65, sell at 1.5870/75 then 1.5945/50 then 1.6015/20

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9140/50, as swing buy with Tp1 0.9225/30 Tp2 0.9245/50 Tp3 High at 0.9275/80 Tp4 0.9300/05 while as breakout sell at 0.9140/50 with Tp1 0.9115/20 Tp2 0.9080/85 Tp3 0.9050/55

Usd/Jpy This pair is on downtrend, retracement at 80.90/95, as swing sell with Tp1 80.25/30 Tp2 80.00/05 Tp3 79.45/50 while as breakout buy at 80.90/95 with Tp1 81.65/70 Tp2 82.00/05 Tp3 High at 82.45/50

Euro/Usd This pair is on downtrend, retracement at 1.3170/80, as swing sell with Tp1 1.3050/55 Tp2 low at 1.3020/25 Tp3 1.2945/50 while as breakout buy at 1.3170/80 with Tp1 1.3215/20 Tp2 1.3265/70 Tp3 1.3310/15

Gbp/Usd This pair is on downtrend, retracement at 1.5780/90, as swing sell with Tp1 low at 1.5640/50 Tp2 1.5620/25 Tp3 1.5575/80 Tp4 1.5460/65 while as breakout buy at 1.5780/90 with Tp1 1.5870/75 Tp2 High at 1.5945/50 Tp3 1.6015/20

Usd/Cad This pair is on uptrend, retracement at 0.9970/80, as swing buy with Tp1 High at 1.0050/60 Tp2 1.0085/90 Tp3 1.0140/45 while as breakout sell at 0.9970/80 with Tp1 0.9935/40 Tp2 0.9900/05 Tp3 low at 0.9865/75

Nzd/Usd This pair is on downtrend, low resistance at 0.8155/60 break is to retracement at 0.8190/00, as swing sell with Tp1 low at 0.8155/60 Tp2 0.8055/60 Tp3 80.20/25 Tp4 0.7945/50 while as breakout buy at 0.8190/00 with Tp1 0.8220/25 Tp2 0.8270/75 Tp3 0.8320/25

Euro/Chf This pair is moving sideways, Buy at 1.2055 with Tp1 1.2065/70 Tp2 1.2080/85 Tp3 High at 1.2100/10 while sell at 1.2050 with Tp1 1.2035/40 Tp2 low at 1.2030/35 Tp3 1.2020/25

Gbp/Chf This pair is on uptrend, retracement at 1.4425/35, as swing buy with Tp1 1.4485/90 Tp2 1.4510/15 Tp3 1.4535/40 Tp4 High at 1.4600/10 while as breakout sell with Tp1 1.4405/10 Tp2 1.4390/95 Tp3 1.4350/55 Tp4 1.4330/35

Euro/Gbp This pair is on downtrend, retracement at 0.8345/50, as swing sell with Tp1 0.8315/20 Tp2 0.8305/10 Tp3 0.8290/95 Tp4 low at 0.8265/70 while as breakout buy at 0.8345/50 with Tp1 0.8360/65 Tp2 0.8365/60 Tp3 0.8385/95 Tp4 0.8440/50

Aud/Usd This pair is on downtrend, low resistance at 1.0570/75 break is to retracement at 1.0620/30, as swing sell with Tp1 low at 1.0570/75 Tp2 1.0460/65 Tp3 1.0420/25 Tp4 1.0320/25 while as breakout buy at 1.0620/30 with Tp1 1.0690/95 Tp2 1.0755/60 Tp3 1.0815/20

Euro/Jpy This pair is on downtrend, retracement at 106.65/75, as swing sell with Tp1 104.80/85 Tp2 104.25/30 Tp3 102.95/00 while as breakout buy at 106.65/76 with Tp1 107.85/90 Tp2 108.70/75 Tp3 109.60/65

Gbp/Jpy This pair is on downtrend, retracement at 127.75/85, as swing sell with Tp1 125.45/50 Tp2 124.75/80 Tp3 122.95/00 while as breakout buy at 127.75/85 with Tp1 129.50/55 Tp2 130.65/70 Tp3 131.80/85

Gold is on downtrend, retracement at 1689/90, as swing sell with Tp1 low at 1667/68 Tp2 1647/48 Tp3 1636/37 Tp4 1609/10 while as breakout buy at 1689/90 with Tp1 1710/11 tp2 1727/28 Tp3 1746/47

Oil is on downtrend, retracement at 105.85/90, as swing sell with Tp1 103.45/50 Tp2 102.75/80 Tp3 101.05/10 whie as breakout buy at 105.85/90 with Tp1 107.20/25 Tp2 108.30/35 Tp3 109.35/40

We have Important News Releases today for the Swiss Franc, Dollar, Loonie & Kiwi Currencies:

  • CHF Foreign Currency Reserves: Buy Euro/Chf Gbp/Chf & Usd/Chf if 240B or more while sell if 190B or below
    This news will be followed later on at mid-day with an SNB Conference. Keep Note & Stay Tuned…

  • US ADP: Buy Usd/Chf & Usd/Jpy if 230K or Higher while Buy Euro/Usd & Gbp/Usd if 170K or lower

  • CAD Building Permits: Buy Usd/Cad if -3.6 or worse while sell if 1% or better

  • NZD RBNZ Rate Decision, Statement, & Governor Alan Bollard Press Conference: Buy Nzd/Usd if rate raised to 2.75% or higher or kept at current 2.50% or/& statement and Governor Alan Bollard talks are Hawkish while sell if rate cut to 2.25% or lower or/& statement and Governor Alan Bollard talks are Dovish

Have A Great Trading Day

Hello Friend,

Congrats for your 190 pip gain…
I missed yday opportunity as I was too busy to trade… I regret for missing this … Will wait for a new opp…
My target is also 250 pip weekly…
Can I pls request you to send a one liner when u buy or sell any pair…
Appreciate your help pls…
Thanks

Results 06.03.

USD/CHF
Signal: 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
Trade: Long with only 5 pips away from touching the upper retracement line and then going up to hit TP2 for a profit of +80 pips.


USD/JPY
Signal: 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
Trade: Short with breaking to the downside and hitting TP2 for a profit of +50 pips.


EUR/USD
Signal: 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
Trade: No trade

GBP/USD
Signal: 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)
Trade: Short with breaking to the downside and hitting TP3 for a profit of +150 pips


USD/CAD
Signal: 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
Trade: No trade

NZD/USD
Signal: 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
Trade: No trade

EUR/CHF
Signal: 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!)
Trade: Short with breaking to the downside for a move of 5 pips, so I count a loss of –10 pips for this pair.


GBP/CHF
Signal: 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
Trade: Two trades

  1. Long with breaking to the upside and moving 40 pips, so I count a profit of +20 pips.
  2. Short with breaking to the downside for a move of 15 pips, so rather a break even trade.
    Overall: +20 pips

EUR/GBP
Signal: 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
Trade: Short with slightly crossing the upper retracement line but then going down for a move of 15 pips, so rather a break even trade.


AUD/USD
Signal: 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
Trade: No trade

EUR/JPY
Signal: 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
Trade: Short with bouncing off the upper retracement line and going down to hit TP3 for a profit of +180 pips.


GBP/JPY
Signal: 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
Trade: Short with breaking to the downside and moving far beyound TP3. Daily low slightly below 156.60, I think a good exit was @ 156.80 which would give us an additional 30 pips for an overall profit of +250 pips.


Valid trades:

USD/CHF = +80 pips
USD/JPY = +50 pips
EUR/USD = no trade
GBP/USD = +150 pips
USD/CAD = no trade
NZD/USD = no trade
EUR/CHF = -10 pips
GBP/CHF = +20 pips
EUR/GBP = 0 pips
AUD/USD = no trade
EUR/JPY = +180 pips
GBP/JPY = +250 pips

Result for today: +720 pips
March: +1.620 pips

Hi FMM,
Many thanks for your thread I have been wading through it all day yest, I have some experience trading off RT’s & breakouts so your medium term style is similar to mine, however I do have a cpl of questions which will make it a lot easier to understand your methods:

  1. Are your medium term levels a combination of Fib RT50s + manually drawn levels?
  2. How do you identify which direction the market is trending in e.g. UJ above you state is downtrending, however on the daily it could just be a pullback of an uptrend on the weekly. If its >=1 day in this direction does this = the trend? I guess if you were trading off the weekly then this would mean commonly taking positions overnight.

I have searched the thread for similar questions but to no avail.

Your comments will be appreciated. Hopefully LF can skype me the room id as I am sure these would be answered in there.

Thanks,
BD

Hello, how do u pick a stop loss from this trading suggestions?

Hello Bid,

Can you please also pass me the skype forum name. I wud also love to join and learn

Ok LAST time I’ll put the Skype ID up, but if you read back a few pages you’d find the details and this thread wouldn’t become blocked up with details that aren’t about FMM’s signals.

For the FMM Skype trader group click the cross under my name on this post and I will add you to the group or send me a message but don’t ask on this thread.

Quick note to all newbies, I’m trading these signals live and profitably BUT please do your own study and research into this strategy and read EVERY page on FMM’s thread starting with pg1.

FMM’s daily analysis and signals are pure gold but you have to meet him halfway and do your own study .

Thanks a lot Friend

Anybody can tell me how get these retracement level values?

Hello Traders,

Forex Signals & Analysis for 8th March 2012:

Short Term Signals:

Usd/Chf Buy at 0.9140/45 then 0.9125/30 then 0.9100/05, sell at 0.9200/05 then 0.9215/20 then 0.9235/40

Usd/Jpy Buy at 80.55/60 then 80.30/35 then 80.05/10, sell at 81.40/45 then 81.60/65 then 81.95/00

Euro/Usd Buy at 1.3090/95 then 1.3065/70 then 1.3040/45, sell at 1.3185/90 then 1.3200/05 then 1.3240/45

Gbp/Usd Buy at 1.5690/95 then 1.5670/75 then 1.5640/45, sell at 1.5775/80 then 1.5790/95 then 1.5825/30

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9145/55, as swing buy with Tp1 0.9200/05 Tp2 0.9215/20 Tp3 0.9235/40 Tp4 High at 0.9275/80,
while as breakout sell at 0.9145/55 with Tp1 0.9125/30 Tp2 0.9125/30 Tp3 0.9100/05 Tp4 0.9075/80

Usd/Jpy This pair is too mixed, I’ll trade it today as breakout, buy at 81.05/10 with Tp1 81.40/45 Tp2 81.60/65 Tp3 81.95/00 Tp4 High at 82.50/55,
while sell at 81.05/10 with Tp1 80.55/60 Tp2 80.30/35 Tp3 80.05/10

Euro/Usd This pair is on downtrend, retracement at 1.3170/80, as swing sell with Tp1 1.3090/95 Tp2 1.3065/70 Tp3 1.3040/45 Tp4 low at 1.3010/15,
while as breakout buy at 1.3170/80 with Tp1 1.3200/05 Tp2 1.3240/45 Tp3 1.3270/80

Gbp/Usd This pair is on downtrend, retracement at 1.5765/75, as swing sell with Tp1 1.5690/95 Tp2 1.5670/75 Tp3 low at 1.5640/45 while as breakout buy at 1.5765/75 with Tp1 1.5790/95 Tp2 1.5825/30 Tp3 1.5870/80

Usd/Cad This pair is on uptrend, retracement at 0.9965/75, as swing buy with Tp1 1.0015/20 Tp2 1.0040/45 Tp3 High at 1.0055/60 while as breakout sell at 0.9965/75 with Tp1 0.9945/50 Tp2 0.9935/40 Tp3 0.9900/05

Nzd/Usd This pair is on downtrend, retracement at 0.8190/00, as swing sell with Tp1 low at 0.8145/50 Tp2 0.8100/05 Tp3 0.8070/75 Tp4 0.8030/35 while as breakout buy at 0.8190/00 with Tp1 0.8215/20 Tp2 0.8245/50 Tp3 0.8290/95

Euro/Chf This pair is moving sideways, buy at 1.2055 with Tp1 1.2060/65 Tp2 1.2070/75 Tp3 1.2085/90 while sell at 1.2050 with Tp1 1.2040/45 Tp2 low at 1.2030/35

Gbp/Chf This pair is on uptrend, retracement at 1.4410/20, as swing buy with Tp1 1.4455/60 Tp2 1.4465/70 Tp3 1.4485/90 Tp4 High at 1.4600/10 while as breakout sell at 1.4410/20 with Tp1 1.4400 Tp2 1.4385/90 Tp3 1.4365/70 Tp4 1.4335/45

Euro/Gbp This pair is on downtrend, retracement at 0.8375/80, as swing sell with Tp1 0.8335/45 Tp2 0.8325/30 Tp3 0.8315/20 Tp4 low at 0.8360/70 while as breakout buy at 0.8375/80 with Tp1 0.8390 Tp2 0.8435/40 Tp3 High at 0.8490/95

Aud/Usd This pair is on downtrend, retracement at 1.0605/10, as swing sell with Tp1 low at 1.0560/70 Tp2 1.0510/15 Tp3 1.0475/80 Tp4 1.0445/50 while as breakout buy at 1.0605/10 with Tp1 1.0625/30 Tp2 1.0645/50 Tp3 1.0695/00

Euro/Jpy This pair is on downtrend, retracement at 106.80/90, as swing sell with Tp1 105.70/75 Tp2 105.25/30 Tp3 104.85/90 while as breakout buy at 106.80/90 with Tp1 107.15/20 Tp2 107.45/50 Tp3 108.10/15

Gbp/Jpy This pair is on downtrend, retracement at 127.85/95, as swing sell with Tp1 126.60/65 Tp2 126.10/15 Tp3 125.65/70 while as breakout buy at 127.85/95 with Tp1 128.25/30 Tp2 128.55/60 Tp3 129.30/35

Gold is on downtrend, retracement at 1690/91, as swing sell with Tp1 1670/71 Tp2 low at 1664/65 Tp3 1657/58 while as breakout buy at 1690/91 Tp1 1693/94 Tp2 1698/99 Tp3 1708/09 Tp4 1719/20

Oil is on downtrend, retracement at 106.15/20, as swing sell with Tp1 105.30/35 Tp2 104.30/35 Tp3 103.40/45 Tp4 102.55/60 while as breakout buy at 106.15/20 with Tp1 107.30/35 Tp2 107.90/95 Tp3 109.25/30

We have many Crucial news releases today for the Aussie, Swiss Franc, Sterling, Euro, Dollar & Loonie Currencies:

  • AUD Employment Change & Unemployment Rate(Around 1 & a half hour from now): Buy Aud/Usd if 10K or higher or/& 5.0% or better(Lower) while sell if below 5K or/& 5.2% or worse(Higher)

  • CHF CPI: Buy Euro/chf Usd/Chf Gbp/Chf if 0% or lower while sell if 0.4% or more

  • UK MPC Statement, Rate Decision & APF: Buy if rate is raised to 0.75%, APF is lowered to 300B or below, or/& statement is Hawkish while sell if rate is decreased to 0.25%, AFP increased to 350B, or higher or/& statement is Dovish

  • Euro ECB Rate Decion & Press Conference: Buy Euro/Usd if rate is increased to 1.25% or/& ECB President Mario Draghi talks are Hawkish while sell if rate is decreased to 0.75% or/& ECB President Mario Draghi talks are Dovish.

  • CAD BOC Rate Decision & Statement: Buy Usd/cad if rate is decreased to 0.75% or/& statement is Dovish while sell if rate is increased to 1.25% or/& statement is Hawkish

  • US Unemployment Claims: Buy Usd/Chf & Usd/Jpy if 330K or below while Buy Euro/Usd & Gbp/Usd if 370K or higher

Have A Great Trading Day

I’ll be dedicating 2 days per week to answer your questions at Wednesday & in the Weekend(Saturday or Sunday) starting from this weekend.

Try to ask only valuable important questions not repeated ones. “astock” made a Great Step and effort by summarizing all my past posts in 2 parts in word format. So try to read them before asking easy repeated questions.

Besides, Traders asking how do I know the retracement levels prices and TP targets…

A simple advice for you to spend time knowing and learning how to trade the swing, breakout & price action strategies and improving your forex skills instead of wasting time at trying to figure how…

You remind me of a similar situation I remember from many years behind while studying my University High Degrees in Finance.
I had a course that provide you with formulas(some good pages for each formula) already done and you just memorize it as it is, no need to know from where it came but just at first lesson gave by the course PHD(Teacher) he provides you with deep but quick info about how the formula had been achieved or created.

At one day, a student in the class asked the PHD(Teacher) I did not yet understand how had the formula been created, can you explain it again to me?! That was like at the middle of the course start time.
As I remember well the PHD Guy Face, Reaction… came as too offensive, I think he surely had a fight with his girlfriend the night earlier or something like that…lol
He told the student, after all those days spent into the course you are coming to ask me how the formula was created!!
What the F**** do you care from where & how it had been created, just study/memorize the damn M**** formula and I want nothing from you more…

Or a short other example is like you put your live account money with a Forex Manager account(who trade your account and take a % on profits) and also want to ask him what detailed strategies he use for trading!!

The Conclusion, It do not matter and will make no difference for people who are always in a suspicious status, it helps in nothing, it leads to nowhere.
Like the scientist who created the F**** Formula…LOL He spent all day/night to create it with all what that mean of headache… to give you the end Great Work… for you to come ask digging questions!!

You have my Daily Signals & Analysis served to you as a Pilled Apple, you have nothing to do but just have some Forex Knowledge to trade them and you still asking how you create, analyze…!!!

Best Luck Traders

Hi FMM,

Imo opinion your analogy is not a very good one. Ever heard this adage?:

“Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime”

Though this doesnt fit particularly great either (noone expects you to teach students) the parallel is that if you / fisherman elopes to a carribean island which has no broadband, the student / man will be lost. So is it so “suspicious” to be inquisitive? I am pretty sure the skill in making money from your strategy is very much in the PA, BO, swing techniques which the student must spend hours learning…& then practising, but at the same time the fishing rod, so to speak, in your strategy is the levels & without this the skills mean diddly squat.

Its for this reason that I don’t think its so unfair to ask if your levels are fib RTs, a derivative of fib RTs, a combo of fibs / manual levels based on prev r/s, or perhaps manual levels created as part of your applied maths phd thesis & which you have spent another subsequent 10 years locked away refining (which is what your implying by using your analagy). If its the latter then i am sure every student will happily accept you not divulging “how” (whoever was asking), however if its any of the former then its a little bizarre why your being so protective. My guess is its an automative program (which adapts fibs) using tick data (& no doubt many other parameters).

Anyway, have a good day.

BD