Hi Salim,
That’s Great to know some Traders are reading and applying my advice and tips to the deepest details.
Good Description of how Aud/Usd moved and how to change from a wrong entry to a Right One as figuring how retracement that was support turned to be resistance after the breakout succeeded and many tests failed to keep it…
Well Done
Hello Traders,
Forex Signals & Analysis for 21st March 2012:
Short Term Signals:
Usd/Chf Buy at 0.9080/85 then 0.9065/70 then 0.9035/40, sell at 0.9155/60 then 0.9175/80 then 0.9200/05
Usd/Jpy Buy at 83.30/35 then 83.10/15 then 82.85/90, sell at 84.00/05 then 84.10/15 then 84.40/45
Euro/Usd Buy at 1.3160/65 then 1.3135/40 then 1.3100/05, sell at 1.3270/75 then 1.3295/00 then 1.3340/45
Gbp/Usd Buy at 1.5810/15 then 1.5790/95 then 1.5755/60, sell at 1.5900/05 then 1.5925/30 then 1.5955/60
Medium Term Daily Analysis:
Usd/Chf This pair is on downtrend, retracement at 0.9140/50, as swing sell with Tp1 0.9080/85 Tp2 0.9065/70 Tp3 0.9035/40 while as breakout buy at 0.9140/50 with Tp1 0.9155/60 Tp2 0.9175/80 Tp3 0.9200/05 Tp4 0.9150/55
Usd/Jpy This pair is on uptrend, retracement at 83.50/55, as swing buy with Tp1 84.00/05 Tp2 84.10/15 Tp3 High at 84.40/45, while as breakout sell with Tp1 83.30/35 Tp2 83.10/15 Tp3 82.85/90
Euro/Usd This pair is on uptrend, retracement at 1.3190/00, as swing buy with Tp1 1.3270/75 Tp2 1.3295/00 Tp3 1.3340/45 while as breakout sell at 1.3190/00 with Tp1 1.3160/65 Tp2 1.3135/40 Tp3 1.3100/05
Gbp/Usd This pair is on uptrend, retracement at 1.5830/40, as swing buy with Tp1 1.5900/05 Tp2 1.5925/30 Tp3 High at 1.5955/60 while as breakout sell at 1.5830/40 with Tp1 1.5810/15 Tp2 1.5790/95 Tp3 1.5755/60 Tp4 1.5720/30
Euro/Gbp This pair is on downtrend, retracement at 0.8340/45, as swing sell with Tp1 0.8310/15 Tp2 0.8295/00 Tp3 0.8275/80 Tp4 low at 0.8255/60 while as breakout buy at 0.8340/45 with Tp1 0.8360/65 Tp2 0.8375/80 Tp3 0.8395/00
Usd/Cad This pair is tying to base on uptrend, if bases above retracement at 0.9905/15, as swing buy with Tp1 0.9985/90 Tp2 1.0015/20 Tp3 1.0065/70 while as breakout sell at 0.9905/15 with Tp1 low at 0.9845/50 Tp2 0.9815/20 Tp3 0.9760/65
Aud/Usd This pair is on downtrend, retracement at 1.0515/25, as swing sell with Tp1 low at 1.0405/10 Tp2 1.0390/95 Tp3 1.0350/55 Tp4 1.0245/50 while as breakout buy at 1.0515/25 with Tp1 1.0615/20 Tp2 1.0685/90 Tp3 1.0745/50
Nzd/Usd This pair is on downtrend, retracement at 0.8190/00, as swing sell with Tp1 0.8090/95 Tp2 low at 0.8055/65 Tp3 0.7980/85 while as breakout buy at 0.8190/00 with Tp1 0.8270/75 Tp2 0.8320/25 Tp3 0.8370/75
Euro/Chf This pair is moving sideways, Buy at 1.2070 with Tp1 1.2075 Tp2 1.2080 Tp3 High at 1.2090/95 while sell at 1.2060/65 with Tp1 1.2045/50 Tp2 1.2035/40 Tp3 low at 1.2025/30
Gbp/Chf This pair is trying to base on downtrend, if bases below retracement at 1.4470/80, as swing sell with Tp1 1.4410/15 Tp2 1.4390/95 Tp3 1.4350/55 while as breakout buy at 1.4470/80 with Tp1 1.4510/15 Tp2 1.4535/40 Tp3 1.4565/70
Euro/Jpy This pair is on uptrend, retracement at 110.20/30, as swing buy with Tp1 High at 111.00/05 Tp2 111.15/20 Tp3 111.45/50 while as breakout sell at 110.20/30 with Tp1 110.00/05 Tp2 109.80/85 Tp3 109.30/40
Gbp/Jpy This pair is on uptrend, retracement at 132.20/30, as swing buy with Tp1 133.15/20 Tp2 High at 133.35/40 Tp3 133.75/80 while as breakout sell at 132.20/30 with Tp1 131.90/95 Tp2 131.55/60 Tp3 130.90/00
Gold is on downtrend, retracement at 1655/56, as swing sell with Tp1 1635/36 Tp2 1629/30 Tp3 1616/17 Tp4 low at 1612/13 while as breakout buy at 1655/56 with Tp1 1667/68 Tp2 1675/76 Tp3 1685/86
Oil is on downtrend, retracement at 106.75/80, as swing sell with Tp1 low at 104.90/95 Tp2 104.10/15 Tp3 102.55/60 while as breakout buy at 106.75/80 with Tp1 108.40/45 Tp2 109.45/50 Tp3 110.55/60
We have Very Important News Releases today for the Sterling & Dollar Currencies:
UK MPC Meeting Minutes: Buy Gbp/Usd if 2 members vote for Hike while sell if 2 members vote for QE. Also, Traders must look for the deeper details that came out from this meeting…
US Fed Chairman Ben Bernanke Testify: As usual, when the Chariman talks that will surely have a big influence on the market, so take note and keep focus & cautiousness.
US Existing Home Sales: Buy Usd/Chf & Usd/Jpy if 4.65Million or better while Buy Euro/Usd & Gbp/Usd if 4.50Million or less
Have A Great Trading Day
USD/CHF
Signal: This pair is on downtrend, retracement at 0.9150/60, as swing sell with Tp1 0.9060/65 Tp2 0.9040/45 Tp3 0.8990/95 while as breakout buy at 0.9150/60 with Tp1 0.9180/85 Tp2 0.9210/15 Tp3 0.9245/50
Trade: Short with touching the lower retracement line and moving for 50 pips, so I count a profit of +30 pips.
USD/JPY
Signal: This pair is on uptrend, retracement at 83.30/35, as swing buy with Tp1 83.70/75 Tp2 83.85/90 Tp3 High at 84.15/20 while as breakout sell at 83.30/35 with Tp1 82.95/00 Tp2 82.75/80 Tp3 82.50/55
Trade: Long with the rate crossing the ratracement level and later bouncing off the level to hit TP1 for a profit of +40 pips.
EUR/USD
Signal: This pair is on uptrend, retracement at 1.3180/90, as swing buy with Tp1 1.3305/10 Tp2 1.3335/40 Tp3 1.3410/15, while as breakout sell at 1.3180/90 with Tp1 1.3135/40 Tp2 1.3090/95 Tp3 1.3035/40
Trade: Long with bouncing off the retracement line for a move of 60 pips, will count a profit of +40 pips.
GBP/USD
Signal: This pair is on uptrend, retracement at 1.5830/40, as swing buy with Tp1 1.5940/45 Tp2 High at 1.5965/70 Tp3 1.6020/25 while as breakout sell at 1.5830/40 with Tp1 1.5815/20 Tp2 1.5780/85 Tp3 1.5740/45
Trade: Long with the rate two times bouncing off the retracement level for a move of 40-45 pips, will count a profit of +20 pips.
USD/CAD
Signal: This pair is on downtrend, retracement at 0.9890/00, as swing sell with Tp1 low at 0.9830/35 Tp2 0.9815/20 Tp3 0.9770/75 while as breakout buy at 0.9890/00 wiht Tp1 0.9925/30 Tp3 0.9955/60 Tp3 0.9880/85
Trade: Long with breaking to the upside and hitting TP2 for a profit of +60 pips.
NZD/USD
Signal: This pair is on uptrend, retracement at 0.8235/40, as swing buy with Tp1 0.8295/00 Tp2 0.8310/15 Tp3 0.8340/45 while as breakout sell at 0.8235/40 with Tp1 0.8220/25 Tp2 0.8205/10 Tp3 0.8175/80
Trade: Short with breaking to the downside and moving beyond TP3. Low was in the area of 0.8135, so I take 0.8155 as exit which is good for a profit of +80 pips.
EUR/CHF
Signal: This pair is moving sideways, Buy at 1.2070 with Tp1 1.2075 Tp2 1.2080 Tp3 High at 1.2090/95 while sell at 1.2060 with Tp1 1.2055 Tp2 1.2050 Tp3 1.2045
Trade: Short with breaking to the downside but only for a move of a couple of pips to hit TP1 for a profit of +5 pips. I rather consider this as a break even trade.
GBP/CHF
Signal: This pair is on uptrend, retracement at 1.4450/60, as swing buy with Tp1 1.4565/70 Tp2 High at 1.4610/15 Tp3 1.4655/60 while as breakout sell at 1.4450/60 with Tp 1.4415/20 Tp2 1.4385/90 Tp3 1.4315/20
Trade: Two trades
EUR/GBP
Signal: This pair is on downtrend, retracement at 0.8345/50, as swing sell with Tp1 0.8280/85 Tp2 low at 0.8255/60 Tp3 0.8230/35 while as breakout buy at 0.8345/50 with Tp1 0.8360/65 Tp2 0.8375/80 Tp3 0.8410/15
Trade: Short with two times bouncing off the retracement level but only for a move of 15 pips, so rather a break even trade.
AUD/USD
Signal: This pair is on uptrend, retracement at 1.0580/90, as swing buy with Tp1 1.0655/60 Tp2 1.0680/85 Tp3 1.0725/30 while as breakout sell at 1.0580/90 with Tp1 1.0550/55 Tp2 1.0520/25 Tp3 1.0485/90
Trade: Short with breaking to the downside and moving beyond TP3. Low was around 1.0455-60, so I take 1.0480 as exit which is good for a profit of +100 pips.
EUR/JPY
Signal: This pair is on uptrend, retracement at 109.80/90, as swing buy with Tp1 High at 110.60/65 Tp2 111.10/15 Tp3 111.40/45 Tp4 112.25/30 while as breakout sell at 109.80/90 with Tp1 109.20/25 Tp2 108.65/70 Tp3 108.10/15
Trade: no trade
GBP/JPY
Signal: This pair is on uptrend, retracement at 131.80/90, as swing buy with Tp1 High at 133.05/15 Tp2 133.40/45 Tp3 134.15/20 while as breakout sell at 131.80/90 with Tp1 131.45/50 Tp2 130.95/00 Tp3 130.50/55
Trade: no trade
Valid trades:
USD/CHF = +30 pips
USD/JPY = +40 pips
EUR/USD = +40 pips
GBP/USD = +20 pips
USD/CAD = +60 pips
NZD/USD = +80 pips
EUR/CHF = 0 pips
GBP/CHF = +20 pips
EUR/GBP = 0 pips
AUD/USD = +100 pips
EUR/JPY = no trade
GBP/JPY = no trade
Result for today: +390 pips
March: +5.870 pips
Hello Traders,
Forex Signals & Analysis for 22nd March 2012:
Short Term Signals:
Usd/Chf Buy at 0.9065/70 then 0.9040/45 then 0.9010/15, sell at 0.9165/70 then 0.9185/90 then 0.9225/30
Usd/Jpy Buy at 82.95/00 then 82.55/60 then 82.25/30, sell at 84.05/10 then 84.35/40 then 84.65/70
Euro/Usd Buy at 1.3145/50 then 1.3115/20 then 1.3055/60, sell at 1.3295/00 then 1.3330/35 then 1.3375/80
Gbp/Usd Buy at 1.5790/95 then 1.5760/65 then 1.5705/10, sell at 1.5935/40 then 1.5970/75 then 1.6025/30
Medium Term Daily Analysis:
Usd/Chf This pair is on downtrend, retracement at 0.9130/35, as swing sell with Tp1 0.9065/70 Tp2 0.9040/45 Tp3 0.9010/15 while as breakout buy at 0.9130/35 with Tp1 0.9165/70 Tp2 0.9185/90 Tp3 0.9225/30
Usd/Jpy This pair is on uptrend, retracement at 83.20/25, as swing buy with Tp1 84.05/10 Tp2 High at 84.35/40 Tp3 84.65/70 while as breakout sell with Tp1 82.95/00 Tp2 82.55/60 Tp3 82.25/30
Euro/Usd This pair is on uptrend, retracement at 1.3200/05, as swing buy with Tp1 1.3295/00 Tp2 1.3330/35 Tp3 1.3375/80 while as breakout sell at 1.3200/05 with Tp1 1.3145/50 Tp2 1.3115/20 Tp3 1.3055/60
Gbp/Usd This pair is on uptrend, retracement at 1.5850/55, as swing buy with Tp1 1.5935/40 Tp2 High at 1.5970/75 Tp3 1.6025/30 while as breakout sell at 1.5850/55 with Tp1 1.5790/95 Tp2 1.5760/65 Tp3 1.5705/10
Euro/Gbp This pair is on downtrend, retracement at 0.8330/35, as swing sell with Tp1 0.8300/05 Tp2 0.8285/90 Tp3 low at 0.8255/60 while as breakout buy at 0.8330/35 with Tp1 0.8365/70 Tp2 0.8385/90 Tp3 0.8405/10
Usd/Cad This pair is still trying to base on uptrend, if bases above retracement at 0.9910/15 as swing buy with Tp1 0.9955/60 Tp2 0.9970/75 Tp3 1.0005/10 while as breakout sell at 0.9910/15 with Tp1 0.9870/75 Tp2 0.9845/50 Tp3 0.9820/25
Aud/Usd This pair is on downtrend, retracement at 1.0485/95, as swing sell with Tp1 low at 1.0380/90 Tp2 1.0365/70 Tp3 1.0295/00 while as breakout buy at 1.0485/95 with Tp1 1.0530/35 Tp2 1.0570/75 Tp3 1.0610/15
Nzd/Usd This pair is on downtrend, retracement at 0.8155/65, as swing sell with Tp1 low at 0.8050/55 Tp2 0.8020/25 Tp3 0.7950/55 while as breakout buy at 0.8155/65 with Tp1 0.8210/15 Tp2 0.8260/65 Tp3 0.8305/10
Euro/Chf This pair is moving sideways, Buy at 1.2065/70 with Tp1 1.2080 Tp2 High at 1.2090/95 while as breakout sell at 1.2060 with Tp1 1.2050 Tp2 1.2040/45 Tp3 low at 1.2030/35
Gbp/Chf This pair kept uptrend base above retracement at 1.4470/80, as swing buy with Tp1 1.4520/25 Tp2 1.4540/45 Tp3 1.4595/00 while as breakout sell at 1.4470/80 with Tp1 1.4400/05 Tp2 1.4365/70 Tp3 1.4330/35
Euro/Jpy This pair is on uptrend, retracement at 110.10/20, as swing buy with Tp1 High at 111.00/05 Tp2 111.35/40 Tp3 111.90/95 Tp4 112.40/45 while as breakout sell at 110.10/20 with Tp1 109.45/50 Tp2 109.15/20 Tp3 108.35/30
Gbp/Jpy This pair is on uptrend, retraceement at 132.20/30, as swing buy with Tp1 High at 133.40/45 Tp2 133.95/00 Tp3 134.40/45 while as breakout sell at 132.20/30 with Tp1 131.60/65 Tp2 131.30/35 Tp3 130.45/50
Gold is on downtrend, retracement at 1653/54, as swing sell with Tp1 1641/42 Tp2 1637/38 Tp3 1628/29 Tp4 low at 1612/13 while as breakout buy at 1653/54 with Tp1 1662/63 Tp2 1667/68 Tp3 1674/75
Oil is on downtrend, retracement at 106.90/95, as swing sell with Tp1 105.75/80 Tp2 105.20/25 Tp3 low at 104.90/95 Tp4 104.45/50 while as breakout buy at 106.90/95 with Tp1 107.90/95 Tp2 108.45/50 Tp3 109.25/30
We have Important News Releases today for the Sterling, Loonie, Dollar & Euro Currencies:
Uk Retail Sales: Buy Gbp/Usd if -0.2% or better while sell if -0.6% or worse
CAD Core Retail Sales: Buy Usd/Chf & Usd/Jpy if 0.2% or less while sell if 0.8% or better
US Unemployment Claims: Buy Usd/Chf & Usd/Jpy if 340K or better while Buy Euro/Usd & Gbp/Usd if 370K or worse
US Fed Chariman Ben Bernanke Talks & Euro ECB President Mario Draghi Talks: Both talks would have Big Influence at the market basically for the Dollar & Euro Currencies, so keep note and keep focus…
Have A Great Trading Day
thank u for your prof. signals.
Results 21.03.
USD/CHF
Signal: This pair is on downtrend, retracement at 0.9140/50, as swing sell with Tp1 0.9080/85 Tp2 0.9065/70 Tp3 0.9035/40 while as breakout buy at 0.9140/50 with Tp1 0.9155/60 Tp2 0.9175/80 Tp3 0.9200/05 Tp4 0.9150/55
Trade: Short with bouncing off the retracement level for a move of 20 pips, so rather a break even trade.
USD/JPY
Signal: This pair is on uptrend, retracement at 83.50/55, as swing buy with Tp1 84.00/05 Tp2 84.10/15 Tp3 High at 84.40/45, while as breakout sell with Tp1 83.30/35 Tp2 83.10/15 Tp3 82.85/90
Trade: Long with bouncing off the retracement level and hitting TP1 for a profit of +50 pips.
EUR/USD
Signal: This pair is on uptrend, retracement at 1.3190/00, as swing buy with Tp1 1.3270/75 Tp2 1.3295/00 Tp3 1.3340/45 while as breakout sell at 1.3190/00 with Tp1 1.3160/65 Tp2 1.3135/40 Tp3 1.3100/05
Trade: Long with bouncing off the retracement level for a move of 18 pips, so rather a break even trade.
GBP/USD
Signal: This pair is on uptrend, retracement at 1.5830/40, as swing buy with Tp1 1.5900/05 Tp2 1.5925/30 Tp3 High at 1.5955/60 while as breakout sell at 1.5830/40 with Tp1 1.5810/15 Tp2 1.5790/95 Tp3 1.5755/60 Tp4 1.5720/30
Trade: Long with bouncing off the retracement level for a move of 32-33 pips, so I count a profit of +10 pips.
USD/CAD
Signal: This pair is tying to base on uptrend, if bases above retracement at 0.9905/15, as swing buy with Tp1 0.9985/90 Tp2 1.0015/20 Tp3 1.0065/70 while as breakout sell at 0.9905/15 with Tp1 low at 0.9845/50 Tp2 0.9815/20 Tp3 0.9760/65
Trade: Two trades
NZD/USD
Signal: This pair is on downtrend, retracement at 0.8190/00, as swing sell with Tp1 0.8090/95 Tp2 low at 0.8055/65 Tp3 0.7980/85 while as breakout buy at 0.8190/00 with Tp1 0.8270/75 Tp2 0.8320/25 Tp3 0.8370/75
Trade: Two trades
EUR/CHF
Signal: This pair is moving sideways, Buy at 1.2070 with Tp1 1.2075 Tp2 1.2080 Tp3 High at 1.2090/95 while sell at 1.2060/65 with Tp1 1.2045/50 Tp2 1.2035/40 Tp3 low at 1.2025/30
Trade: Short with breaking to the downside but only for a move of less than 10 pips. Rate remained below retracement level at the end ot the trading day so I consider this trade to be rather a break even trade.
GBP/CHF
Signal: This pair is trying to base on downtrend, if bases below retracement at 1.4470/80, as swing sell with Tp1 1.4410/15 Tp2 1.4390/95 Tp3 1.4350/55 while as breakout buy at 1.4470/80 with Tp1 1.4510/15 Tp2 1.4535/40 Tp3 1.4565/70
Trade: Short with bouncing off the retracement level but only for a couple of pips. Rate remained in between the retracement levels at the end of the day, so this was rather a loss trade for –10 pips.
EUR/GBP
Signal: This pair is on downtrend, retracement at 0.8340/45, as swing sell with Tp1 0.8310/15 Tp2 0.8295/00 Tp3 0.8275/80 Tp4 low at 0.8255/60 while as breakout buy at 0.8340/45 with Tp1 0.8360/65 Tp2 0.8375/80 Tp3 0.8395/00
Trade: Two trades
AUD/USD
Signal: This pair is on downtrend, retracement at 1.0515/25, as swing sell with Tp1 low at 1.0405/10 Tp2 1.0390/95 Tp3 1.0350/55 Tp4 1.0245/50 while as breakout buy at 1.0515/25 with Tp1 1.0615/20 Tp2 1.0685/90 Tp3 1.0745/50
Trade: Short with the rate two times bouncing off the retracement level and moving down for 95-100 pips, will count a profit of +80 pips.
EUR/JPY
Signal: This pair is on uptrend, retracement at 110.20/30, as swing buy with Tp1 High at 111.00/05 Tp2 111.15/20 Tp3 111.45/50 while as breakout sell at 110.20/30 with Tp1 110.00/05 Tp2 109.80/85 Tp3 109.30/40
Trade: Two trades
GBP/JPY
Signal: This pair is on uptrend, retracement at 132.20/30, as swing buy with Tp1 133.15/20 Tp2 High at 133.35/40 Tp3 133.75/80 while as breakout sell at 132.20/30 with Tp1 131.90/95 Tp2 131.55/60 Tp3 130.90/00
Trade: Two trades
Valid trades:
USD/CHF = 0 pips
USD/JPY = +50 pips
EUR/USD = 0 pips
GBP/USD = +10 pips
USD/CAD = +10 pips
NZD/USD = +60 pips
EUR/CHF = 0 pips
GBP/CHF = -10 pips
EUR/GBP = +20 pips
AUD/USD = +80 pips
EUR/JPY = 20 pips
GBP/JPY = o pips
Result for today: +240 pips
March: +6.110 pips
Hello Traders,
Forex Signals & Analysis for 23rd March 2012:
Short Term Signals;
Usd/Chf Buy at 0.9075/80 then 0.9050/55 then 0.9005/10, sell at 0.9190/95 then 0.9215/20 then 0.9260/65
Usd/Jpy Buy at 81.90/95 then 81.60/65 then 80.95/00, sell at 83.45/50 then 83.90/95 then 84.35/40
Euro/Usd Buy at 1.3110/15 then 1.3070/75 then 1.3015/20, sell at 1.3275/80 then 1.3315/20 then 1.3375/80
Gbp/Usd Buy at 1.5735/40 then 1.5700/05 then 1.5635/40, sell at 1.5900/05 then 1.5945/50 then 1.6000/05
Medium Term Daily Analysis:
Usd/Chf This pair is on downtrend, retracement at 0.9135/40, as swing sell with Tp1 0.9075/80 Tp2 0.9050/55 Tp3 0.9005/10, while as breakout buy at 0.9135/40 with Tp1 0.9190/95 Tp2 0.9215/20 Tp3 0.9260/65
Usd/Jpy This pair is on downtrend, retracement at 82.95/00, as swing sell with Tp1 81.90/95 Tp2 81.60/65 Tp3 80.95/00, while as breakout buy at 82.95/00 with Tp1 83.45/50 Tp2 83.90/95 Tp3 High at 84.35/40
Euro/Usd This pair is still on uptrend, retracement at 1.3195/00. but might target 1.3155/60 as market price ranging bt. both levels but a break of the latter & base below is needed to confirm a change of trend direction.
As swing buy at 1.3195/00 with Tp1 1.3275/80 Tp2 1.3315/20 Tp3 1.3375/80 while as breakout sell at 1.3195/00 with Tp1 1.3155/60 Tp2 1.3110/15 Tp3 1.3070/75 Tp4 1.3015/20
Gbp/Usd This pair is on uptrend but also mixed, break of 1.5775/80 and a base below is needed to change the trend direction while a rebase above 1.5825/30 will keep the trend, as swing buy at 1.5825/30 with Tp1 1.5900/05 Tp2 1.5945/50 Tp3 1.6000/05 while as breakout sell at 1.5775/80 with Tp1 1.5735/40 Tp2 1.5700/05 Tp3 1.5635/40
Euro/Gbp This pair is trying to base on uptrend, above retracement at 0.8335/40, as swing buy with Tp1 0.8365/70 Tp2 0.8375/80 Tp3 0.8405/10 while as breakout sell at 0.8335/40 with Tp1 0.8300/05 Tp2 0.8280/85 Tp3 0.8260/65
Usd/Cad This pair is on uptrend from yesterday, as swing buy at 0.9955/60 with Tp1 High at 1.0015/20 Tp2 1.0040/45 Tp3 1.0065/70 Tp4 1.0125/30 while as breakout sell at 0.9955/60 with Tp1 0.9910/15 Tp2 0.9870/75 Tp3 0.9835/40
Aud/Usd This pair is on downtrend, retracement at 1.0435/45, as swing sell with Tp1 low at 1.0340/45 Tp2 1.0295/00 Tp3 1.0255/60 Tp4 1.0175/80 while as breakout buy at 1.0435/45 with Tp1 1.0500/05 Tp2 1.0550/55 Tp3 1.0615/20
Nzd/Usd This pair is on downtrend, retracement at 0.8130/35, as swing sell with Tp1 low at 0.8030/35 Tp2 0.8005/10 Tp3 0.7955/60 while as breakout buy at 0.8130/35 with Tp1 0.8165/70 Tp2 0.8195/00 Tp3 0.8240/45
Euro/Chf This pair is moving sideways, Buy at 1.2065/70 with Tp1 1.2080 Tp2 High at 1.2090/95 while sell at 1.2055/60 with Tp1 1.2045/50 Tp2 low at 1.2030/40
Gbp/Chf This pair is moving sideways in recent days but still favoring downside basing below 1.4460/70 targetting as swing sell order Tp1 1.4400/05 Tp2 1.4380/85 Tp3 1.4325/30 while as breakout buy at 1.4460/70 with Tp1 1.4515/20 Tp2 1.4550/55 Tp3 1.4580/90
Euro/Jpy This pair is trying to base today on downtrend below retracement at 109.40/50, as swing sell with Tp1 107.80/85 Tp2 107.90/95 Tp3 106.15/20 while as breakout buy at 109.40/50 with Tp1 110.50/55 Tp2 High at 110.80/85 Tp3 111.25/30 Tp4 112.10/15
Gbp/Jpy This pair is trying to base on downtrend, retracement at 131.20/30, as swing sell with Tp1 129.20/25 Tp2 128.60/65 Tp3 127.15/20 while as breakout buy at 131.20/30 with Tp1 132.50/55 Tp2 High at 133.40/50 Tp3 134.40/45
Gold is on downtrend, retracement at 1648/49, as swing sell with Tp1 1624/25 Tp2 1615/15 Tp3 low at 1610/11 Tp4 1602/03 while as breakout buy at 1648/49 with Tp1 1663/64 Tp2 1671/72 Tp3 1686/87
Oil is on downtrend, retracement at 106.05/10, as swing sell with Tp1 103.85/90 Tp2 103.05/10 Tp3 101.65/70 while as breakout buy at 106.05/10 with Tp1 107.45/50 Tp2 108.35/40 Tp3 109.60/65
We have 2 Important news Releases today for the Canadian Dollar & the Dollar Currency:
CAD Core CPI: Buy Usd/Cad if 0% or below while sell if 0.6% or better
US New Home Sales: Buy Usd/Chf & Usd/Jpy if 335K or better while Buy Euro/Usd & Gbp/Usd if 310K or worse
Take Note Traders that Fed Chairman Ben Bernanke will Talk again today in late hours(Newyork Session).
** Pardon me Traders for the typing mistake yesterday for the Canadian Dollar News Release.
I was and still “Dead Sick” trying as much as I can to Keep Focus & Concentration. It’s surely “Buy Usd/Cad if… while sell Usd/cad if…” not as posted "Buy Usd/Chf & Usd/Jpy…
Have A Great Trading Day & An Interesting Weekend
I would like to congratulate you “Hubinator” for your Consistent High Degree Effort.
A Quick Tip for Traders that even after a successful breakout for any pair at any day, that pair is not considered changing trend direction or starting a new trend unless the pair bases clearly(Good Pips) above or below(according to current trend) the daily retracement, not performing a breakout then basing below or above retracement.
Ofcourse, I daily update you of such scenarios…
Best trade of yesterday as I consider is Usd/Cad Buy Order. After Wednesday try to base on uptrend, it followed it with Thursday Confirmation, Nice Smooth Trade to exactly Target TP3 at 1.0005/10
This is a perfect example of breakout then clear base above retracement after 2 attempts…
What A Beautiful Trade!
Also, Aud/Usd Swing sell trade was very successful with higher pips profit as daily range for this pair is wider…
Good Luck To All
I hope you’ll get better soon…
You are doing a great job but you have to take care of yourself. You don’t have to overstress. Take a good nap and stay warm…It may be spring already but weather is still tricky. I think we can do with some days without signals. Health is priority #1 and we want you healthy and strong.
Wish you a swift recovery ForexMoneyMaker and remember to drink some warm cups of tea :44:…
Hi, FMM - take care my friend - health is more important then all the pips of the world - take your time and try to recover.
Kind regards
Dear FMM,
Please take rest. Go out for a vacation. You need to be healthy. If you not give us signals for some days that’s not a problem. Money is nothing if we are not healthy. It affects your family life and trading.
Hope you will recover fastly…
Salim
Results 22.03.
USD/CHF
Signal: This pair is on downtrend, retracement at 0.9130/35, as swing sell with Tp1 0.9065/70 Tp2 0.9040/45 Tp3 0.9010/15 while as breakout buy at 0.9130/35 with Tp1 0.9165/70 Tp2 0.9185/90 Tp3 0.9225/30
Trade: Long with breaking to the upside and hitting TP1 for a profit of +30 pips.
USD/JPY
Signal: This pair is on uptrend, retracement at 83.20/25, as swing buy with Tp1 84.05/10 Tp2 High at 84.35/40 Tp3 84.65/70 while as breakout sell with Tp1 82.95/00 Tp2 82.55/60 Tp3 82.25/30
Trade: Short with breaking to the downside and almost hitting TP3 for a profit of +80 pips.
EUR/USD
Signal: This pair is on uptrend, retracement at 1.3200/05, as swing buy with Tp1 1.3295/00 Tp2 1.3330/35 Tp3 1.3375/80 while as breakout sell at 1.3200/05 with Tp1 1.3145/50 Tp2 1.3115/20 Tp3 1.3055/60
Trade: Short with breaking to the downside and hitting TP1 for a profit of +50 pips.
GBP/USD
Signal: This pair is on uptrend, retracement at 1.5850/55, as swing buy with Tp1 1.5935/40 Tp2 High at 1.5970/75 Tp3 1.6025/30 while as breakout sell at 1.5850/55 with Tp1 1.5790/95 Tp2 1.5760/65 Tp3 1.5705/10
Trade: Short with breaking to the downside and hitting TP1 for a profit of +60 pips.
USD/CAD
Signal: This pair is still trying to base on uptrend, if bases above retracement at 0.9910/15 as swing buy with Tp1 0.9955/60 Tp2 0.9970/75 Tp3 1.0005/10 while as breakout sell at 0.9910/15 with Tp1 0.9870/75 Tp2 0.9845/50 Tp3 0.9820/25
Trade: Long with breaking to the upside and hitting TP2 for a profit of +90 pips.
NZD/USD
Signal: This pair is on downtrend, retracement at 0.8155/65, as swing sell with Tp1 low at 0.8050/55 Tp2 0.8020/25 Tp3 0.7950/55 while as breakout buy at 0.8155/65 with Tp1 0.8210/15 Tp2 0.8260/65 Tp3 0.8305/10
Trade: Short with the rate allmost touching the lower retracement line and bouncing off to go down and almost hit TP1. Entire move was 60 pips, so I will count a profit of +50 pips for this trade.
EUR/CHF
Signal: This pair is moving sideways, Buy at 1.2065/70 with Tp1 1.2080 Tp2 High at 1.2090/95 while as breakout sell at 1.2060 with Tp1 1.2050 Tp2 1.2040/45 Tp3 low at 1.2030/35
Trade: No trade
GBP/CHF
Signal: This pair kept uptrend base above retracement at 1.4470/80, as swing buy with Tp1 1.4520/25 Tp2 1.4540/45 Tp3 1.4595/00 while as breakout sell at 1.4470/80 with Tp1 1.4400/05 Tp2 1.4365/70 Tp3 1.4330/35
Trade: Two trades
EUR/GBP
Signal: This pair is on downtrend, retracement at 0.8330/35, as swing sell with Tp1 0.8300/05 Tp2 0.8285/90 Tp3 low at 0.8255/60 while as breakout buy at 0.8330/35 with Tp1 0.8365/70 Tp2 0.8385/90 Tp3 0.8405/10
Trade: Three trades
AUD/USD
Signal: This pair is on downtrend, retracement at 1.0485/95, as swing sell with Tp1 low at 1.0380/90 Tp2 1.0365/70 Tp3 1.0295/00 while as breakout buy at 1.0485/95 with Tp1 1.0530/35 Tp2 1.0570/75 Tp3 1.0610/15
Trade: Short with almost touching the lower retracement line and bouncing off to go down and hit TP2 for a profit of +120 pips.
EUR/JPY
Signal: This pair is on uptrend, retracement at 110.10/20, as swing buy with Tp1 High at 111.00/05 Tp2 111.35/40 Tp3 111.90/95 Tp4 112.40/45 while as breakout sell at 110.10/20 with Tp1 109.45/50 Tp2 109.15/20 Tp3 108.35/30
Trade: Three trades
GBP/JPY
Signal: This pair is on uptrend, retraceement at 132.20/30, as swing buy with Tp1 High at 133.40/45 Tp2 133.95/00 Tp3 134.40/45 while as breakout sell at 132.20/30 with Tp1 131.60/65 Tp2 131.30/35 Tp3 130.45/50
Trade: Short with breaking to the downside and moving beyond TP3. Low was in the area of 130.07-10, so I take 130.30 as exit which is good for a profit of +190 pips.
Valid trades:
USD/CHF = +30 pips
USD/JPY = +80 pips
EUR/USD = +50 pips
GBP/USD = +60 pips
USD/CAD = +90 pips
NZD/USD = +50 pips
EUR/CHF = no trade
GBP/CHF = +50 pips
EUR/GBP = +20 pips
AUD/USD = +120 pips
EUR/JPY = +130 pips
GBP/JPY = +190 pips
Result for today: +870 pips
March: +6.980 pips
Hey Money Maker,
Hope you’re on the mend and having a relaxing weekend.
See you on Monday.
James
Results 23.03.
USD/CHF
Signal: This pair is on downtrend, retracement at 0.9135/40, as swing sell with Tp1 0.9075/80 Tp2 0.9050/55 Tp3 0.9005/10, while as breakout buy at 0.9135/40 with Tp1 0.9190/95 Tp2 0.9215/20 Tp3 0.9260/65
Trade: Short with bouncing off the lower retracement line and hitting TP1 for a profit of +60 pips.
USD/JPY
Signal: This pair is on downtrend, retracement at 82.95/00, as swing sell with Tp1 81.90/95 Tp2 81.60/65 Tp3 80.95/00, while as breakout buy at 82.95/00 with Tp1 83.45/50 Tp2 83.90/95 Tp3 High at 84.35/40
Trade: Short with almost touching the lower retracement line and bouncing off to almost hit TP1 in a spike for a profit of +90 pips (deducted 10 pips due to the spike).
EUR/USD
Signal: This pair is still on uptrend, retracement at 1.3195/00. but might target 1.3155/60 as market price ranging bt. both levels but a break of the latter & base below is needed to confirm a change of trend direction. As swing buy at 1.3195/00 with Tp1 1.3275/80 Tp2 1.3315/20 Tp3 1.3375/80 while as breakout sell at 1.3195/00 with Tp1 1.3155/60 Tp2 1.3110/15 Tp3 1.3070/75 Tp4 1.3015/20
Trade: Long with breaking to the upside and hitting TP1 for a profit of +80 pips.
GBP/USD
Signal: This pair is on uptrend but also mixed, break of 1.5775/80 and a base below is needed to change the trend direction while a rebase above 1.5825/30 will keep the trend, as swing buy at 1.5825/30 with Tp1 1.5900/05 Tp2 1.5945/50 Tp3 1.6000/05 while as breakout sell at 1.5775/80 with Tp1 1.5735/40 Tp2 1.5700/05 Tp3 1.5635/40
Trade: Long with breaking to the upside and hitting TP1 for a profit of +70 pips.
