Yes many thanks to FMM…
Do u only trade at london time. And at what time u usually start ur trading …
Still learning to make best use of FMM signals …
I’m up for 0600gmt and trade till 1600gmt latest usually finish a lot earlier though if I have had a good day with the trading group
Results 15.03.
USD/CHF
Signal: This pair is on uptrend, retracement at 0.9250/60, as swing buy with Tp1 High at 0.9315/20 Tp2 0.9360/65 Tp3 0.9385/90 Tp4 0.9445/50 while as breakout sell at 0.9250/60 with Tp1 0.9220/25 Tp2 0.9185/90 Tp3 0.9140/45
Trade: Short with breaking to the downside and hitting TP1 for a profit of +30 pips.
USD/JPY
Signal: This pair is on uptrend, high support at 83.65/70, break is to retracement at 83.05/10, as swing buy with Tp1 High at 83.65/70 Tp2 84.15/20 Tp3 84.40/45 Tp4 84.95/00, while as breakout sell at 83.05/10 with Tp1 82.85/90 Tp2 82.50/55 Tp3 82.10/15
Trade: No trade
EUR/USD
Signal: This pair is on downtrend, retracement at 1.3070/75, as swing swll with Tp1 1.2980/85 Tp2 low at 1.2960/65 Tp3 1.2915/20 while as breakout buy at 1.3070/75 with Tp1 1.3090/95 Tp2 1.3120/25 Tp3 1.3150/55
Trade: Long with breaking to the upside and hitting TP1 for a profit of +20 pips.
GBP/USD
Signal: This pair is on downtrend, retracement at 1.5685/95, as swing sell with Tp1 1.5610/15 Tp2 low at 1.5590/95 Tp3 1.5530/35 while as breakout buy at 1.5740/45 Tp2 1.5780/85 Tp3 1.5815/20
Trade: Long with breaking to the upside for a max move of 40 pips, so I count a profit of +20 pips.
USD/CAD
Signal: This pair is moving sideways, will trade it as breakout on both sides, sell at 0.9915/20 with Tp1 0.9880/85 Tp2 0.9865/70 Tp3 0.9830/35 while buy at 0.9930/35 with Tp1 0.9965/70 Tp2 0.9980/85 Tp3 1.0015/20
Trade: Two trades
- Four chances to go long with the rate breaking to the upside but only for a max move of 15 pips, so rather a break even trade.
- Short with breaking to the downside for a max move of 10 pips, so rather a loss trade for –10 pips.
Overall: -10 pips
NZD/USD
Signal: This pair is on downtrend, retracement at 0.8140/50, as swing sell with Tp1 low at 0.8070/75 Tp2 0.8010/15 Tp3 0.7970/75 Tp4 0.7870/75 while as breakout buy at 0.8140/50 with Tp1 0.8225/30 Tp2 0.8290/95 Tp3 0.8350/55
Trade: Long with breaking to the upside for a max move of 60-65 pips, will count a profit of +40 pips for this trade.
EUR/CHF
Signal: This pair is on uptrend, high support at 1.2110/15, break is to retracement at 1.2095/05, as swing buy with Tp1 1.2165/70 Tp2 1.2185/90 Tp3 1.2230/35 while as breakout sell at 1.2095/05 with Tp1 1.2065/70 Tp2 1.2035/40 Tp3 1.2005/10
Trade: Short with breaking to the downside and hitting TP1 for a profit of +30 pips
GBP/CHF
Signal: This pair is on uptrend, retracement at 1.4510/20, as swing buy with Tp1 High at 1.4630/35 Tp2 1.4655/60 Tp3 1.4690/95 Tp4 1.4760/65 while as breakout sell at 1.4510/20 with Tp1 1.4480/85 Tp2 1.4435/40 Tp3 1.4375/80
Trade: Short with breaking to the downside and hitting TP1 for a profit of +30 pips.
EUR/GBP
Signal: This pair is on downtrend, retracement at 0.8330/35, as swing sell with Tp1 0.8285/90 Tp2 0.8275/80 Tp3 low at 0.8255/60 while as breakout buy at 0.8330/35 with Tp1 0.8340/45 Tp2 0.8350/55 Tp3 0.8370/75
Trade: Two trades
- Two chances to go long with the rate breaking to the upside but only for a max move of 15-20 pips, so rather a break even trade.
- Several chances to go short but only for a max move of 10 pips, so rather a loss trade for –10 pips.
Overall: -10 pips
AUD/USD
Signal: This pair is on downtrend, retracement at 1.0490/00, as swing sell with Tp1 low at 1.0430/40 Tp2 1.0375/80 Tp3 1.0345/50 Tp4 1.0270/75 while as breakout buy at 1.0490/00 with Tp1 1.0550/55 Tp2 1.0600/05 Tp3 1.0650/55
Trade: Long with breaking to the upside and hitting TP1 for a profit of +50 pips.
EUR/JPY
Signal: This pair is on uptrend, retracement at 108.60/70, as swing buy with Tp1 109.60/65 Tp2 109.90/95 Tp3 110.45/50 while as breakout sell at 108.60/70 with Tp1 108.25/30 Tp2 107.90/95 Tp3 107.45/50
Trade: Long with bouncing off the lower retracement line for a move of 60-70 pips, will count a profit of +50 pips.
GBP/JPY
Signal: This pair is on uptrend, retracement at 130.30/40, as swing buy with Tp1 High at 131.60/65 Tp2 121.85/90 Tp3 132.20/25 Tp4 133.00/05 while as breakout sell at 130.30/40 with Tp1 130.00/05 Tp2 129.50/55 Tp3 128.95/00
Trade: Long with bouncing off the lower retracement line for a move of 90-95 pips, will count a profit of +70 pips.
Valid trades:
USD/CHF = +30 pips
USD/JPY = no trade
EUR/USD = +20 pips
GBP/USD = +20 pips
USD/CAD = -10 pips
NZD/USD = +40 pips
EUR/CHF = +30 pips
GBP/CHF = +30 pips
EUR/GBP = -10 pips
AUD/USD = +50 pips
EUR/JPY = +50 pips
GBP/JPY = +70 pips
Result for today: +320 pips
March: +4.380 pips
Dear FMM
For the medium term signals is valid once for either swing or breakout or I can trade it multiple times when it reaches retracement?
This is what’s been happening for some pairs thus week.
Results 16.03.
USD/CHF
Signal: This pair is on uptrend, retracement at 0.9190/00, as swing buy with Tp1 High at 0.9335/40 Tp2 0.9385/90 Tp3 0.9440/45 while as breakout sell at 0.9190/00 with Tp1 0.9155/60 Tp1 0.9120/25 Tp3 0.9040/45
Trade: Short with breaking to the downside and hitting TP1 for a profit of +30 pips.
USD/JPY
Signal: This pair is on uptrend, retracement at 83.25/30, as swing buy with Tp1 High at 83.90/95 Tp2 84.25/30 Tp3 84.60/65 Tp4 85.05/10 while as breakout sell at 83.25/30 with Tp1 82.90/95 Tp2 82.60/65 Tp3 82.10/15
Trade: Long with bouncing off the retracement level and hitting TP1 for a profit of +60 pips.
EUR/USD
Signal: This pair is on dowtrend, retracement at 1.3085/90, as swing sell with Tp1 1.2990/95 Tp2 low at 1.2070/75 Tp3 1.2950/55 Tp4 1.2900/05 while as breakout buy at 1.3085/90 with Tp1 1.3145/50 Tp2 1.3180/85 Tp3 1.3245/50
Trade: Two trades
- Short with breaking to the downside for a move of 35-37 pips, so I count a profit of +10 pips.
- Long with breaking to the upside and hitting TP2 for a profit of +90 pips.
Overall: +100 pips
GBP/USD
Signal: This pair is on downtrend, retracement at 1.5725/35, as swing sell with Tp1 1.5625/30 Tp2 low at 1.5590/95 Tp3 1.5545/50 while as breakout buy at 1.5725/35 with Tp1 1.5770/75 Tp2 1.5795/00 Tp3 1.5855/60
Trade: Two trades
- Short with breaking to the downside for a max move of 30 pips, so I count a profit of +10 pips.
- Long with breaking to the upside and hitting TP3 for a profit of +120 pips.
Overall: +130 pips
USD/CAD
Signal: This pair is on downtrend, retracement at 0.9915/20, as swing sell with Tp1 0.9890/95 Tp2 0.9880/85 Tp3 low at 0.9855/60 while as breakout buy at 0.9915/20 with Tp1 0.9950/55 Tp2 0.9965/70 Tp3 0.9985/90
Trade: Two trades
- Long with bouncing off the lower retracement line and moving up for almost 40 pips, so I count a profit of +20 pips.
- Short with breaking to the downside for a max move of 15 pips, so rather a break even trade.
Overall: +20 pips
NZD/USD
Signal: This pair is on downtrend, retracement at 0.8210/20, as swing sell with Tp1 low at 0.8060/70 Tp2 0.8000/05 Tp3 0.7945/50 while as breakout buy at 0.8210/20 with Tp1 0.8270/75 Tp2 0.8310/15 Tp3 0.8405/10
Trade: Three trades
- Long with breaking to the upside but only for a couple of pips, so a loss of –10 pips here.
- Short with breaking to the downside for a move of 30-35 pips, will count a profit of +10 pips.
- Long with breaking to the upside again for a max move of 36 pips, will count a profit of +10 pips.
Overall: +10 pips
EUR/CHF
Signal: This pair is moving sideways, fell after SNB kept same rate and policy as past month but yet did not take a downside base to retest lower levels, expecting it to be kept above 1.2060/65 targetting 1.2080, above there is to 1.2095/00, only a base above 1.2100 will continue recent 2 days upward movement, while below 1.2060 is possible to target low at 1.2030/35
Trade: No trade
GBP/CHF
Signal: This pair is on uptrend, retracement at 1.4490/00, as swing buy with Tp1 High at 1.4605/15 Tp2 1.4660/65 Tp3 1.4725/30 while as breakout sell at 1.4490/00 with Tp1 1.4410/15 Tp2 1.4370/75 Tp3 1.4290/95
Trade: Two trades
- Short with breaking to the downside but immediately moving back, so a loss for –10 pips.
- Long with breaking to the upside and moving almost 50 pips, will count a profit of +30 pips.
Overall: +20 pips
EUR/GBP
Signal: This pair is on downtrend, retracement at 0.8330/35, as swing sell with Tp1 0.8300/05 Tp2 0.8290 Tp3 low at 0.8260/70 while as breakout buy at 0.8330/35 with Tp1 0.8350/55 Tp2 0.8365/70 Tp3 0.8380/85
Trade: Short with almost touching the lower retracement line and then going down to hit TP1 for a profit of +30 pips.
AUD/USD
Signal: This pair is on downtrend, retracement at 1.0550/60, as swing sell with Tp1 low at 1.0420/30 Tp2 1.0370/75 Tp3 1.0315/20 while as breakout buy at 1.0550/60 with Tp1 1.0600/05 Tp2 1.0630/35 Tp3 1.0710/15
Trade: Two trades
- Short with bouncing off the lower retracement line (in a spike) and moving down for almost 40 pips, profit is +20 pips.
- Long with breaking to the upside for a move of 30-35 pips, will count 10 pips profit.
Overall: +30 pips
EUR/JPY
Signal: This pair is on uptrend, retracement at 108.90/00, as swing buy with Tp1 High at 109.90/95 Tp2 11.20/25 Tp3 110.75/80, as breakout sell at 108.90/00 with Tp1 108.45/50 Tp2 108.10/15 Tp3 107.60/65
Trade: Long with the rate bouncing off the retracement level and hitting TP1 for a profit of +100 pips.
GBP/JPY
Signal: This pair is on uptrend, retracement at 130.65/75, as swing buy with Tp1 High at 131.95/00 Tp2 132.50/55 Tp3 133.35/40 while as breakout sell at 130.65/75 with Tp1 130.05/10 Tp2 129.50/55 Tp3 128.90/95
Trade: No trade
Valid trades:
USD/CHF = +30 pips
USD/JPY = +60 pips
EUR/USD = +100 pips
GBP/USD = +130 pips
USD/CAD = +20 pips
NZD/USD = +10 pips
EUR/CHF = no trade
GBP/CHF = +20 pips
EUR/GBP = +30 pips
AUD/USD = +30 pips
EUR/JPY = +100 pips
GBP/JPY = no trade
Result for today: +530 pips
March: +4.910 pips
Hello Traders,
Again, You must pardon me for wasting my and your time on pop out “Human Beings” Hitch**** stories.
You all know that I would not have replied if the attack came from a regular single person with hater mind, but since the offence is big then the following post will be targeted to his “Boss”, if he is the called “forexfactory” moderator or some rated members or the web owner himself, makes no difference, all are in the same commercial package.
Read Well:
First of all, You definitely missed the address here. ForexMoneyMaker believe in “people(haters) talks neither advance nor pull you back”
You forgot to mention with your attacks additional lies saying that I steal my signals & analysis from somewhere, to complete your fabricated story.
Or it is you & the one behind you can never ever hold any single small evidence against ForexMoneyMaker regarding his signals & analysis. If you had any single point against my forex info you could had filled the pages here and there about them.
But No, you fail and will always fail here. So, You decided to take it as a personal offend.
If you had a single manner, you could had tried to attack my work(Forex Info) not attack me personally but you find nothing with my work to attack.
I am not waiting for any person support because My Work Talk For Me
Can you say my Forex Daily Signals & Analysis are not successful, profitable, high percentage of accuracy & match what happen in the market at each forex day?! No you can never say that
Not because you love me but because Facts are bigger than lies and fabricated stories.
Truth can be found by any trader following my signals and analysis from a year ago till now.
Anyone can go back to this thread archive and look what happened for each day, matching it with my signals and analysis and see the Awesome Great Results.
You can only try to match & compare things to each other as usernames, this posted the same as that…nonsense after nonsense…
The funniest part is comparison, as if one person writing skills can not match the other, as if you do not get astonished when you see a person living in pakistan Face highly match another person Face living in Brazil or Australia or London or Newyork.
As if some words are just created & used by one person not by millions all over the world.
You mentioned I removed “still” from my post at a certain date you attached a link to but for your bad your LIE appeared fast with that post showing “still” found in my analysis.
I just stopped mentioning “still” from around a month ago because I realized that it’s not real helpful and not Great appearing word especially for new traders coming to read & use my forex posts contents as it might confuse them in a way or another.
So, stopped mentioning the word but only down, uptrend, sideways, mixed… for a clear view reflecting only the day to day analysis not previous many days too.
In all cases, I still mention start of trends and traders who had been tracking my posts know well where was the trend in past days and where it’s now.
I will not go into usernames that any person on this planet know well how much easy it’s to enter any hotmail, website… and create a username you like if it matches with an important person or not besides the easy part of copy pasting any info from the net.
How many users you can find not just at forex or any normal website but at social well known websites as Facebook & Twitter?!
Can you count how many users you can find with the famous usernames as Jordan, Ronaldo, Bruce Lee, Iverson, Mozart, Bryant, Messi, Oprah, Beethoven & the list continues…
So, all those Famous People are responsible of all those accounts?! Oh, and those usernames are for people from different countries. Famous People do not care about copiers, they will not sign an internet policy department consisting of 1000s of employees to discover who used his or her name and stop this from happening if they can at first nor I will do that.
If anyone want to believe me or not but when I decided to use ForexMoneyMaker as my username the idea came instinctively then later on I knew that other people had used & using this word.
Further Simple Example is if anyone now type ForexMoneyMaker into their browser with any extension like .com, .net, .org, .info, what will you find but different websites with different info.
So, I am also responsible for all those website and own them all. Thank God that they do not copy paste my thread posts but completely different contents or you could had came out saying this is the prove: ForexMoneyMaker own them all…LOL
To make it simple here, when I have any forex website where I post my Daily Signals & Analysis, I’ll inform you all here at babypips with full honorary, the same as I am proud to provide thousands of traders over the world with FREE daily updated forex info in all ways possible.
Lets go back to the pop out human being and his forex factory.
He made me laugh out loud when he talked about his “Reputable Website” & “Experienced Traders” helping…
Where are the “Experienced Traders”!! not just on your ff but all over the net who post for free with Daily Updated Forex contents for 12 Forex Pairs, Gold & Oil?! And, with the Very High percentage of Accuracy that ForexMoneyMaker have.
Unless you are talking about “Chit Chatters” calling them with a name much bigger than their real value.
I’ll now reveal forexfactory Truth by a single click I had done after that guy post.
With the concept of know your enemy(or opposition). What is more easy than going to check reviews for forexfactory.
Remember, it’s not ForexMoneymaker who gave those review comments, unless I own all people from over 150 worldwide countries…LOL
I will be summarizing by my own words but in same meaning, you can surely go check the reviews yourself.
Certainly, there are many many others that had not been posted since some people go to maximum extents of offensive posts or maybe too much facts, so the website review company can’t post all.
Besides, as you all know that some website review companies have deals with brokers, forex websites, systems… to just post good comments while that also apply for the reputable review websites who do it in a less way by posting the least possible amount of bad comments.
To summarize(I’ll mention it with a comma in bt. for faster less space) what the reviews about forexfactory show from
““Amateur moderator “to” knows nothing about forex, ff only let members they know or “old members” to post whatever they want, the old members rule ff offending newbies whenever they want and reporting a post, they in fact are the moderators or have higher power than him, Very disappointing site, personal attack from members with +HV(old members) but they get not banned while others get banned because they have opposite opinions or they see them as Good Traders who can be a threat taking over the “old members” role at ff””
Moreover, ““you know nothing about forex at ff, Guys be very wary of this site, commercial website, how good is a website who do not have its own analysis?!, most news taking from other amatuer websites to even reach twitter are “rumors”.””
Well, I couldn’t but show you live examples from those reviews showing you how much ff respecting the opposition opinion for you to see by proofs how much “reputable” is a website who ban and offend the others opinions & views.
Here we go with: ILYA PANIOTOV, USA "Twee(ff moderator) - are you on a payroll off ***broker(prefer not to mention but you can find it in original review post)? Why you afraid to publish facts from my trading experience with ***broker Forex Forum - is all about trading and facts. If broker doing some thing WRONG, public has rights to know this.
it appears they admin definitely doesn’t want any successful forex traders who know what they are doing to post there anymore. I’m not sure what the admin’s agenda is. But anyone hanging on on these forms is NOT learning good trading strategies.
" the admin also allows all kinds of off topic chatter and even some crass language on the boards, but doesn’t allow professionals to give any tips or suggestions?"
Bob, Dallas, Tx " It’s not a free and open forum. They want you to post your opinion but will cut you off if you post anything that contradicts what the “FOUNDERS” or their hand picked puppets have to say"
I might had make you a headache with all this huge amount of facts about ff but it’s a one time revealing this website Truth.
I understand that ff and their pop out human being talking for them who appeared from nowhere with a post in history, that they are dying to know what’s after ForexMoneyMaker Success and the Huge Traffic that he can generate to the website he posts at, but unfortunately for them they will not gain money from my traffic, I’ll never post my Daily Signals & Analysis on their site, simply because they do not qualify neither to my personal morals & values nor to my Forex Valuable Info High Standard terms.
There’s no comparison bt. Babypips and ff, but if we want to make same review about babypips website as I have just done for ff, what will you discover?!
All positive comments, cheering & complimenting babypips. Not a single negative comment. Why?
Ofcourse, babypips did not buy the website reviews companies or sent people all over the world to post a positive comment but because this website is Really Good, proving info starting from newbies to Good Traders help & most importantly, it lets you post whatever opinion you have even if you are the opposition and the best example is that it had approved the pop out human being post, it will do that for anyone too unless the person commenting is posting bad vulgar offending words which is not allowed by any reputable website whatsoever.
Despite, I do not stand with & agree this decision by babypips because any person can come to any thread and post offensive words but not to the degree of vulgar to get the comment deleted by moderator but can still search for a fight with the comment and try to spoil the overall thread Good Atmosphere bt. Traders.
But I totally agree with babypips for the Freedom of thoughts and opinions to be expressed by any person.
To be Clear, I have nothing against ff and do not know them at first but Only because they dare attacking ForexMoneyMaker and I also making traders a favor to not waste your time there.
From a neutral point of view, I can say that their confirmed news(currencies economic daily news) are the only Good thing you can find there which at first you can find anywhere and at Real Reputable Forex News websites like Reuters, Rttnews… who are the Real Main sources without going to a second hand website as ff that take news from others.
If you want to learn forex and real analysis that’s not the site for you.
Believe me, I am now talking from a neutral point of view & this is a simple advice I give you.
More Fun part is when that “human being” mention that I use my Daily Signals & Analysis for the commercial use.
Want to ask you all here, Had I ever asked any trader here money for helping in my Daily Signals & Analysis?! since all know that I post for Free.
Do you know what Commercial mean? I must at least have a Forex Website providing a service for subscribers or selling a product with many ads on it to gain money.
Even in this case, What’s wrong with that!, it’s never illegal to do so when you are selling a product or service you own & created yourself, but how does commercial use apply in my case.
I’ll tell you and others who have any doubts or suspicious feelings against me and do not appear here to ask me straight forward what’s there problem to get a Clear Honest Straight Forward Answer from me but they prefer the rounding path… How:
-
I use Commercial because I post my daily signals and analysis for free at babypips.
-
I use Commercial because I save 2-3 hours from my daily 6 hours sleep time to keep awake and post here my daily signals & analysis., to end sleeping 3-4 hours per day after a long business working hours.
And, Traders who live in Europe & GMT Base Countries like London, Germany, Paris, Rome, Holland well know what it is the hour I am posting at.
Even Traders using my posts for their trading will never wake up or keep awake till that hour to set up their trades for the day. But I do more than that by far by analyzing to the deepest details which all know how much High Concentration & Focus that needs and especially for that short time bt. analyzing and posting. -
I use Commercial because I try my best with fastest speed possible to finish my analyze writing then posting it here, so traders do not miss early market moves(Traders must had realized the faster time of my posts recently with below an hour time, Oh I am not breaking the Long Marathon Record but for Traders benefit…)
-
I use commercial because I try to help Traders to understand my short and medium term strategies answering all questions asked even the repeated ones despite of my busy heavy hours…
-
I use commercial because my close friends tell me “why are you wasting your time posting your signals and analysis for people who can bt. night & day offend you for whatever reason, forgetting all long months you spent posting for them to gain money as we are doing or at worst helping in improving their forex trading skills” but I tell them NO there are still Good Traders who deserve and appreciate what I am doing and who can’t pay for similar info if found, so I am helping in spreading my experience for free…
For all those reasons, if Traders feel that I use commercial use or my thread and posts are useless and they prefer to use contents of sites such as the “Human Being” Boss for their trading.
Despite that I know many of you traders appreciate my hard work and you are the ones who deserve my Daily Signals & Analysis contents and I am posting for you. because it’s helping a lot in changing your lives to the better.
But, I’ll be more than happy to have 3 more sleeping hours to relax my body from a full scheduled day if the majority of Traders here Vote or leave comments saying my thread is for commercial use, useless forex info…
I must remind Readers & Traders about a past sentence or phrase I posted here some weeks before and I was sure that the day will come to prove it right.
I said that many people know how to offend and spit bad words but very few are who know to say with Good Feelings a simple word named Thank You
Lord Jesus Christ Bless You All
I’ve been busy with work over the last few months but now have time to start traiding again.
Where’s the first place I go? To the signalls from FMM!! 
FMM you are doing a great service to all us newbies, heping us learn and earn at the same time.
So thanks for your help :35: , and ignore the haters.
Dear FMM,
You are doing a good job. It’s very helpful to me, other newbies and professional traders. I appreciate your effort to give us signals. Please go on. Thanks for your help.
Hi FMM,
I think those hater just jealous about ur knowledge.
I’m a newbie in forex and I found that im learning a lot from you and I’m still learning.
Keep it out!!!
I also want to say “THANK YOU”. I deeply appreciate that you are willing to post your analysis and signals for free. I know from posting the daily results how much work it is. Hopefully you are not going to quit but rather focus on serious traders who are willing to learn and not just throw mud at you - for whatever reason. You can be assured there are a couple of great people out there who really appreciate all you are doing - just be aware we created the Skype group and are trading + discussing together. Don’t feel offended by any bad words, those traders who are really interested in your analysis and willing to learn would never insult you but rather ask questions and learn.
Heads up FMM - great people are with you and that’s what really counts!
Hubinator
Hey FMM and everyone else
With around 50 people in your trading group all working together and appreciating the massive amount of work you put in every day.
You are making a huge difference to me and a LOT of other people.
I know the sheer amount of work that goes into analysis just for one pair never mind ALL the pairs AND gold and oil AND how to trade the news.
All for free, fantastic. You’re a god send to us traders.
Thank you FMM
I promised you babypips Traders to post Useful Important Tips for how to trade my strategy with market price action reading.
I am on my word, will post 2 charts today for Gbp/Usd & Euro/Usd opportunities of Thursday 15th March 2012, will follow it tomorrow with other charts for Friday 16th March 2012 market opportunities.
I was willing to post the latter today too but I am invited to a special party, so for lack of time and for reason I do not rush things, I’ll postpone the latter charts for tomorrow.
For some people who say I do not post charts for my daily signals & analysis, I provided them with the past charts(if they like to check out many past posts) and will give them the current ones as a Free Gift.
But unfortunately, I can’t post daily charts for each pair I analyze if this is what they need, unless they want me to spend 24hours/day working with no sleep, then no problem let them rent a “Robot”.
As you see in the above Gbp/Usd 5 Min. Chart ForexMoneyMaker Analysis Strategy & Price Action Beauty.
Explained as simple as possible.
HH mean Higher High, HL mean Higher Low, LH mean Lower High LL mean Lower Low
As you see the first swing test of retracement is best traded and exit appears at “Exit TP” that show you strong support provided by extra exit signal from the “1” Line showing you that day(Thursday) low price reached is lower than the “Exit TP” many candles strong support. And, for the bonus it nearly match the 50 pips TP we save as breakeven.
While for the breakout, as you know I had advice Traders here to use the retracement level for 1 swing as priority then 1 breakout if occur later on which mean only 2 options for trading the retracement level for any pair.
Break of retracement after Successful Swing Trade show you a Clear Bullish Candle marking a HH followed by HL candle that is another clear signal to exit if you had entered another swing sell trade after the first successful one and the maximum or worst exit other than the marked HL Exit “2”(if you did not exit here) is surely the HH price of the other Clear Bullish Candle marked by the candle following the HL Exit “2” Bullish Hammer Candle.
The above Euro/Usd 5 Min. Chart show 3 tests very close(1.5-3.5 pips, market price for difference brokers differ) to Thursday retracement level 1.3070/75.
So if a Trader had not entered a Swing sell order at any of those 3 tests(first test is the best entry as you know…) then you must not had entered at the 4th test that had also marked a Higher Higher followed by a Higher Low.
As you realize for the first Swing test, after that swing HH, there was a mark of LL then from that point as you see clearly on the chart, all swings marked HL which is a clear example that market price action is preparing you for a bullish market movement.
Even if you had entered a Swing sell trade at 4th test, the following 2 HH & my “Exit Here” show you 3 best exits at very small loss of maximum 10-15 pips if you chose the 3rd Exit & very few pips if 1st Exit.
Till Tomorrow Wish me an Exciting Night Party
FMM,
Thank you for your analysis. I’m a serious student of FOREX trading, and use real money. I appreciate your hard work and look forward to the day when I can string together a consistent winning streak.
Question: How much does the fundamentals count in terms of swing and long term trades? Like in the case of AUDUSD, NZDUSD, EURGPB, AND EUROUSD. I went short for swing trades for all last Wednesday and Thursday. By Friday, my positives went negative by about 100-150 pips each! But I know the macro trend is downwards in all, at least I thought so. With the news for the EURO and USD that came at the end of the week, was it enough to reverse the trends?? Or the bigger question is, do the fundamentals have the strength to throw an overall trend permanently off/reverse it, or does it just represent a helluva speed bump that temporarily mess things up only to go back to the overall trend it was originally on after a few days or so?? Can one just kind wait it out to allow the market to calm back down and re-adjust back to its trend?
I’m a newbie still hunting for knowledge and understanding.
BTW, this thread and those who contribute to it… is simply great. I feel very fortunate to have stumbled upon it.
Happy trading.
Hello LF, thanks for posting your chart with the explanations. Now the things are more clear.
You follow the the Trend. Mean if FMM post in the pair an dowtrend you look for short entry, by uptrend you look for long entry. Ok, i do the same.
Second, in you chart a little bit later, is a beautiful uptrend, why you dont pick it up??
Kind regards
AS
Hello FMM, my Mentor, thanks for putting the charts with your explanations. This helps a lot and give me a more clear sight of your midterm strategy. Visuell things are sometimes very helpful.
Hope you had a great party with lots of fun.
Kindest regards
Hi Astock didn’t go for that long because I’d already finished for the day