Hello Salim…
Do u think EU will go up… Today the EU committe had a call to discuss the EU crises…
Any news frm the meeting/call…
Interesting Daily Chart on EUR/JPY
1-2 more testing and ready to release the rocket or break?
What do you think guys?
Sorry for OOT FMM signals a little 
This is what I have promised earlier. The green arrow trade took yesterday night (my time) and it went almost 50 pips against me. My stop loss always keep in 100 pips so that I didn’t caught on the move. Today I closed the trade with 10 pips. Suddenly after closing the trade it went more than 40 pips to south. I took 10 pips instead of 50 pips. I closed early because I saw that the bias changed today.
And I took a long from 1.2450. See below image.
This is what I see in my weekly chart. (Daily chart you can see above of my message)
See there it was a long term down trend. The blue line is a medium term resistance area. A retracement is possible upto 1.2640. (every pair must need a halt after a strong move and should retrace) Daily candle showing a upward counter trend. So I took the trade from the support area.
I Don’t take news on consideration. In my opinion it don’t affect technical trading. All the time news come up based on the trend and technical.
Good luck traders.
Salim
I have no idea about the news. But I think EUR/USD will go up. Anything happen. let see… 
Salim
Thanks for sharing charts fellas!
Hello Dan,
Can u pls share the chart if poss.
Good Results Kivanc. Try to post more details about your trades like entry/exit/tp/sl… In order to help others understand how you trade my signals and analysis, and if there’s any wrong approach i’ll advice if you like
Good Luck
Dan, Why had you not protect your 70pip by turning 50 pips to breakeven as my medium strategy TP rule say as you know?!
Never do that again, it’s horrible act trading like that, scarifying all 70pip. This is why I always have a higher breakeven than the zero pip one many traders use, as if there’s only Win Or Loss. There’s also the middle choice people, understand traders.
Very Important for the long run results…
Yes, it’s weird how different brokers have different price action candles.
Checked out brokers I deal with, saw that this chart must be the most Real & Common despite some have the candle you show in the arrow as inverted hammer while others have it as a reversal bullish hammer formation.
Not a problem, if you can’t beat them, PLAY THEIR GAME…
Salim, Try to stick to my signals and analysis strategies, do not open on your own…
First of all, this is not a chit chat thread but only to discuss positions opened/closed according to my strategies.
It’s not a big problem, exiting on other tp or sl since each trader have different preferences and personal plan but at least the retracement levels and tp targets must be respected for entries.
No misguide for traders is allowed here.
Lets Hope that was a demo account at first. Traders who entered a long trade at retracement for Euro/Usd today, I do not know at what chart you were looking at.
The 5 and other higher frames charts showed a quick fall in Euro, there was not even a more than 2 candle(5min.) hold there, so surely there was not long trade, if you had not entered a short breakout then no problem, I do not blame you at all since the signs were not clear but to open a ling was much worse.
Live And Learn
Bad Entry. Very late, after Aussie News Release that had set a range trade all day after hitting resistance and support in 2 5min. candle during the news release, painting the destiny of this pair for the rest of the day, besides I repeated firmly how much important it’s to use the 5min. chart.
If everyone wants to open on his own here then I’ll not find myself here, maybe I’ll be some INTRUDER after all…
Always Good to post charts Traders but let it be only for the daily basis trading and accurately for my strategies rules and how you’re trading it.
There are many threads where you can discuss what will happen next week or month with the Euro or dollar or any currency.
Lets stick to this thread trading rules.
By the way, what happened with your plan to open each a 100$ account?? Wouldn’t you start with it?
Even some brokers might give you free bonuses for that.
Start trading live even with micro accounts to test the feeling or with your existing live accounts lower lots if you still do not have the grasp.
I’ll be dedicating some hour maybe twice a week for your live questions, maybe I get ride of you, I mean your simple and important questions in that period of time, with that I’ll provide faster support.
I thought of trying babypips chat tab, will see how things will advance and tell you about the hour which will mainly be before market open or new daily candle open by 1 hour time.
Good Luck
Hello Traders,
Forex Signals & Analysis for 6th June 2012:
Short Term Signals:
Usd/Chf Buy at 0.9565/70 then 0.9530/35 then 0.9485/90, sell at 0.9700/05 then 0.9730/35 then 0.9785/90
Usd/Jpy Buy at 78.05/10 then 77.70/75 then 77.35/40, sell at 79.20/25 then 79.45/50 then 79.95/00
Euro/Usd Buy at 1.2370/75 then 1.2330/35 then 1.2260/65, sell at 1.2550/55 then 1.2595/00 then 1.2655/60
Gbp/Usd Buy at 1.5310/15 then 1.5280/85 then 1.5245/50, sell at 1.5430/35 then 1.5455/60 then 1.5505/10
Medium Term Daily Analysis:
Usd/Chf This pair is on a turning point today, waiting for an approve of continuation(uptrend) or reversal of trend, will look to trade on the 0.9640/50 price level, Buy with Tp1 0.9700/05 Tp2 0.9730/35 Tp3 0.9785/90 while sell with Tp1 0.9565/70 Tp2 0.9530/35 Tp3 0.9485/90
Usd/Jpy This pair is also in same situation after a big weakness in the yen currency after Jun Azumi talks about watching closely forex prices and certain approve from G7 for some Multiple Intervention after BOJ was Intervening on its own in past occassions. Will Buy at 78.90/95 with Tp1 79.20/25 Tp2 79.45/50 Tp3 79.95/00 while will sell at 78.60/65 with Tp1 78.05/10 Tp2 77.70/75 Tp3 77.35/40
Euro/Usd This pair is in same situation with downtrend basis, will trade at the 1.2455/65 price level, buy with Tp1 1.2550/55 Tp2 1.2595/00 Tp3 1.2655/60 while sell with Tp1 1.2370/75 Tp2 1.2330/35 Tp3 1.2260/65
Gbp/Usd This pair is on downtrend, retracement at 1.5395/00, as swing sell with Tp1 1.5310/15 Tp2 1.5280/85 Tp3 1.5245/50 while as breakout buy with Tp1 1.5430/35 Tp2 1.5455/60 Tp3 1.5505/10
Usd/Cad This pair is on uptrend, retracement at 1.0365/75, as swing buy with Tp1 1.0425/30 Tp2 1.0450/55 Tp3 1.0475/80 while as breakout sell with Tp1 1.0340/45 Tp2 1.0320/25 Tp3 1.0285/90
Euro/Cad This pair is on uptrend, retracement at 1.2905/15, as swing buy with Tp1 1.3000/05 Tp2 1.3045/50 Tp3 1.3085/90 while as breakout sell with Tp1 1.2865/70 Tp2 1.2840/45 Tp3 1.2780/85
Gbp/Cad This pair is on downtrend, retracement at 1.5995/00, as swing sell with Tp1 1.5910/15 Tp2 1.5885/90 Tp3 1.5845/50 while as breakout buy with Tp1 1.6010/15 Tp2 1.6040/45 Tp3 1.6075/80
Aud/Usd This pair is traded today at the 0.9745/55 price level with downtrend basis, buy with Tp1 0.9810/15 Tp2 0.9840/45 Tp3 0.9885/90 while as breakout sell with Tp1 0.9680/85 Tp2 0.9655/60 Tp3 0.9605/10
Aud/Jpy This pair is traded today as breakout, buy at 77.00/05 with Tp1 77.20/25 Tp2 77.50/55 Tp3 78.10/15 while sell at 76.50/55 with Tp1 75.90/95 Tp2 75.50/55 Tp3 75.10/15
Nzd/Usd This pair is in conflict as yesterday trying to base on uptrend, traded at the 0.7650/60 price level, buy with Tp1 0.7615/20 Tp2 0.7640/45 Tp3 0.7680/85 while as breakout sell with Tp1 0.7500/05 Tp2 0.7475/80 Tp3 0.7430/35
Euro/Jpy This pair is traded as breakout, buy at 98.40/45 with Tp1 98.75/80 Tp2 99.05/10 Tp3 99.80/85 while sell at 97.80/85 with Tp1 97.00/05 Tp2 96.50/55 Tp3 96.00/05
Gbp/Jpy This pair is traded as breakout, buy at 122.30/35 with Tp1 123.30/35 Tp2 124.55/60 while sell at 121.00/05 with Tp1 119.75/80 Tp2 119.10/15 Tp3 118.50/55
Chf/Jpy This pair is traded as breakout today, buy at 81.90/95 with Tp1 82.20/25 Tp2 82.50/55 Tp3 83.15/20 while sell at 81.40/45 with Tp1 80.75/80 Tp2 80.30/35 Tp3 79.85/90
Gbp/Chf This pair is on downtrend, retracement at 1.4845/55, as swing sell with Tp1 1.4750/55 Tp2 1.4715/20 Tp3 1.4675/80 while as breakout buy with Tp1 1.4880/85 Tp2 1.4905/10 Tp3 1.4965/70
Oil is on downtrend, retracement at 84.55/60, as swing sell with Tp1 83.05/10 Tp2 low at 82.40/50 Tp3 81.70/75 while as breakout buy with Tp1 85.20/25 Tp2 85.75/80 Tp3 86.60/65
Gold is on uptrend, retracement at 1608/09, as swing buy with Tp1 1624/25 Tp2 1628/29 Tp3 1634/35 while as breakout sell with Tp1 1605/06 Tp2 1599/00
We have Crucial News releases today for the Aussie, Sterling, & Euro Currency:
-
AUD GDP: Buy Aud/Usd if 0.7% or better while sell if 0.3% or worse
-
UK Construction PMI: Buy Gbp/Usd if 56 or better while sell if 52 or worse
-
Euro ECB Rate Deicison and President Mario Draghi Press Conference: Buy Euro/Usd if rate is increased to 1.25% or higher or/& Draghi talks are Hawkish while if 0.75% or lower or/& Draghi talks are Dovish
There are also some talks by Quatro FOMC Members which will effect the dollar currency despite that market will wait for Mr. Ben Genius talks tomorrow(Thursday)
- Most pairs are still on their main trend movement despite the TRY, even after the big weakness in yen currency, the yen pairs are still on downtrend and will need a big push upward(up the buy price levels) to change this view, maybe another intervention threatening comments by Noda or Azumi might hit the trigger…
Have A Great Trading Day
Great to hear you giving some time to chat with.
About the $100 account, I only can say sorry for it as the planner. Currently thinking to give more time to trading. Do you have any broker you suggest, suits well with your strategy (and maybe bonus as you said LOL) ?
Cheers
Will miss most of this day trading due to work. Looks very interesting.
Who is that Ben Genius?? 
Yes sir, I posted it only to show where I should have possibly entered a sell order. I didn’t because I was away from my comp. I used the 5 minute chart too, FMM, it just told me the same thing…
I wish I watched the news too tho, but I still don’t know in which extent to mind the news, too little trading experience I think. Thank you sir!
Sorry FMM.
It was my fault. I apologies. Never Happen it again. Your signals help me a lot. I used your signal with my plan always. But last two days some trader confused about the trend and direction. So I post my charts here to help the traders.
In my first chart there was a short entry. I took it based on your signal. Yesterday I take long entry on EUR/USD. That was also your signal but bit later.
I used 100 pips stop loss because some breath for the pair. I will close if anything I see. It suit my trading plan.
I never thought to spoil the thread.
Once again sorry.
Salim
Thanks FMM… It was my mistake… I didn’t follow ur strategy so went in loss…
Will follow correctly…
Hello Traders,
Forex Signals & Analysis for 7th June 2012:
Short Term Signals:
Usd/Chf Buy at 0.9485/90 then 0.9465/70 then 0.9390/95, sell at 0.9640/45 then 0.9690/95 then 0.9725/30
Usd/Jpy Buy at 78.60/65 then 78.35/40 then 78.10/15, sell at 79.50/55 then 79.65/70 then 80.10/15
Euro/Usd Buy at 1.2450/55 then 1.2390/95 then 1.2340/45, sell at 1.2645/50 then 1.2675/80 then 1.2770/75
Gbp/Usd Buy at 1.5370/75 then 1.5315/20 then 1.5260/65, sell at 1.5565/70 then 1.5600/05 then 1.5690/95
Medium Term Daily Analysis:
Usd/Chf This pair is on downtrend, retracement at 0.9585/95, as swing sell with Tp1 0.9485/90 Tp2 0.9465/70 Tp3 0.9390/95 while as breakout buy with Tp1 0.9640/45 Tp2 0.9690/95 Tp3 0.9725/30
Usd/Jpy This pair is on uptrend, retracement at 78.95/00, as swing buy with Tp1 79.50/55 Tp2 79.65/70 Tp3 80.10/15 while as breakout sell with Tp1 78.60/65 Tp2 78.35/40 Tp3 78.10/15
Euro/Usd This pair is on uptrend, retracement at 1.2520/30, as swing buy with Tp1 1.2645/50 Tp2 1.2675/80 Tp3 1.2770/75 while as breakout sell with Tp1 1.2450/55 Tp2 1.2390/95 Tp3 1.2340/45
Gbp/Usd This pair is trying to base on uptrend today, ill trade as breakout today, buy at 1.5495/00 with Tp1 1.5565/70 Tp2 1.5600/05 Tp3 1.5690/95 while sell at 1.5450/55 with Tp1 1.5370/75 Tp2 1.5315/20 Tp3 1.5260/65
Usd/Cad This pair is on downtrend, retracement at 1.0305/15, as swing sell with Tp1 1.0220/25 Tp2 1.0195/00 Tp3 1.0120/25 while as breakout buy with Tp1 1.0370/75 Tp2 1.0420/25 Tp3 1.0460/65
Euro/Cad This pair is on uptrend, retracement at 1.2915/20, as swing buy with Tp1 1.2950/55 Tp2 1.2965/70 Tp3 1.2995/00 while as breakout sell with Tp1 1.2885/90 Tp2 1.2860/65 Tp3 1.2845/50
Gbp/Cad This pair is on downtrend, retracement at 1.5945/50, as swing sell with Tp1 1.5850/55 Tp2 1.5815/20 Tp3 1.5735/40 while as breakout buy with Tp1 1.6030/35 Tp2 1.6085/90 Tp3 1.6130/35
Aud/Usd This pair is on uptrend, retracement at 0.9830/40, as swing buy with Tp1 1.0070/75 Tp2 1.0055/60 Tp3 1.0185/90 while as breakout sell with Tp1 0.9750/55 Tp2 0.9665/70 Tp3 0.9600/05
Aud/Jpy This pair is on uptrend, retracement at 77.65/70, as swing buy with Tp1 79.55/60 Tp2 80.05/10 Tp3 81.35/40 while as breakout sell with Tp1 76.80/85 Tp2 75.90/95 Tp3 75.20/25
Nzd/Usd This pair made best uptrend move yesterday after past days finding a base around the 0.7550/60(read past posts) to make a rocket boost, is on uptrend, retraceent at 0.7630/40, as swing buy with Tp1 0.777/80 Tp2 0.7805/10 Tp3 0.7905/10 while as breakout sell with Tp1 0.7570/75 Tp2 0.7505/10 Tp3 0.7455/60
Euro/Jpy This pair is on uptrend, retracement at 98.80/90, as swing buy with Tp1 100.45/50 Tp2 100.85/90 Tp3 102.05/10 while as breakout sell with Tp1 98.00/05 Tp2 97.25/30 Tp3 96.60/65
Gbp/Jpy This pair is on uptrend, retracement at 122.30/40, as swing buy with Tp1 123.75/80 Tp2 124.20/25 Tp3 125.50/55 while as breakout sell with Tp1 120.90/95 Tp2 120.05/10 Tp3 119.30/35
Chf/Jpy This pair is on uptrend, retracement at 82.25/30, as swing buy with Tp1 83.65/70 Tp2 84.05/10 Tp3 85.00/05, while as breakout sell with Tp1 81.60/65 Tp2 80.90/95 Tp3 80.35/40
Gbp/Chf This pair is on downtrend, retracement at 1.4820/30, as swing sell with Tp1 low at 1.4715/20 Tp2 1.4685/90 Tp3 1.4595/00 while as breakout buy with Tp1 1.4900/05 Tp2 1.4960/65 Tp3 1.5005/10
Oil is on downtrend, retracement at 86.90/95, as swing sell with Tp1 83.60/65 Tp2 82.95/00 Tp3 81.95/00 while as breakout buy with Tp1 86.85/90 Tp2 87.50/55 Tp3 88.75/80
Gold is on uptrend, retracement at 1615/16, as swing buy with Tp1 1640/41 Tp2 1652/53 Tp3 1663/64 while as breakout sell with Tp1 1603/04 Tp2 1596/97 Tp3 1580/81
We have Very Crucial News Releases today for the Aussie, Swiss Franc, Sterling, Euro, Dollar and the Loonie Currency(In order of release):
-
Aud Employment Change and Unemployment Rate: Buy Aud/Usd if 5K or better for the first or/& 5.0% or better for the second, while sell if -5K or worse for the first and 5.1% or worse for the second
-
CHF CPI: Buy Usd/Chf, Euro/Chf, & Gbp/Chf if -0.1% or worse while sell if 0.3% or better
-
UK Services PMI: Buy Gbp/Usd if 55 or better while sell if 50 or worse
-
UK Rate decision, APF, and MPC Statement(numbers in order): Buy Gbp/Usd if rate insreased to 0.75% or better(unexpected), decrease to 300B or lower, & Hawkish statement while sell if decreased to 0.25% or lower(unexpected), increased to 350B or more, & Dovish statement
-
US Unemployment Claims: Buy Usd/Chf & Usd/Jpy if 360K or better while sell if 390k or worse
-
CAD Ivey PMI: Buy Usd/Cad if 52 or worse while sell if 55 or better
-
US Fed Chairman Ben Bernanke Talks: Mr. Ben Genius & his Nice Beard will show us today his beauty. An always high impact news for the market. you’ll understand nothing from the chairman, wait for market first move and trade the retrace of spike.
Spanish & French 10 year Bond Auction numbers will be released today which will highly reflect in the Euro Ciurrency movement.
As epxected yesterday, the market moved in breakouts, the question will be if this big move will continue lead by yen pairs and yielding currencies pairs, that’s a good probability and nearly no doubt when you know that Bernanke will talk today who mainly do not leave any breath for the dollar currency.
Have A Great Trading Day