Forex Buy & Sell Trading Signals - page 19

 

nice thread, what time of the day do u normally post your signal

 

Hello Traders,

Forex Signals & Analysis for 16th January 2012:

Short Term Signals:

Usd/Chf Buy at 0.9390/95 then 0.9330/35, sell at 0.9620/25 then 0.9665/70

Usd/Jpy Buy at 76.65/70 then 76.50/55 then 76.35/40, sell at 77.10/15 then 77.20/25 then 77.40/45

Euro/Usd Buy at 1.2535/40 then 1.2470/75, sell at 1.2880/85 then 1.2980/85

Gbp/Usd Buy at 1.5195/00 then 1.5140/45 then 1.5050/55, sell at 1.5435/40 then 1.5495/00 then 1.5580/85

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.9510/20. Buy order as Swing Trading at 0.9510/20 with TP1 at 0.9585/90 TP2 at 0.9620/25 TP3 0.9665/70,

while sell order as breakoutout strategy at 0.9510/20 with TP1 at 0.9420/30 TP2 at 0.9390/95 TP3 0.9330/35

Usd/Jpy This pair is on uptrend basis today with overall sideways movement, retracement at 76.85/95. Buy order as Swing Trading at 76.85/95 with TP1 77.10/15 Tp2 77.20/25 TP3 77.40/45,

while sell order as breakout strategy at 76.85/95 with TP1 76.65/70 TP2 76.50/55 TP3 76.35/40

Euro/Usd This pair is still on downtrend, retracement at 1.2700/10. Buy order as breakout strategy at 1.2700/10 with TP1 1.2785/90 TP2 1.2880/85 TP3 1.2980/85,

while sell order as Swing Trading at 1.2700/10 with TP1 at low 1.2600/10 TP2 powering the trend at 1.2535/40 TP3 1.2470/75

Gbp/Usd This pair is still on downtrend, retracement at 1.5330/40. Buy order at 1.5330/40 as breakout Strategy TP1 1.5435/40 TP2 1.5495/00 TP3 1.5580/85

while sell order as Swing Trading at 1.5330/40 with TP1 at low 1.5250/60 TP2 powering the trend to 1.5195/00 TP 3 1.5140/45 and possibly TP4 1.5050/55

Usd/Cad This pair is on uptrend basis today, retracement at 1.0210/20. Buy order as Swing Trading at 1.0210/20 with TP1 at 1.0305/10 TP2 at 1.0345/50 and possibly to TP3 at 1.0405/10,

while sell order as breakout strategy at 1.0210/20 with TP1 at 1.0140/45 TP2 1.0100/05

Nzd/Usd This pair is still on uptrend, retracement at 0.7920/25. Buy order as Swing Trading at 0.7920/25 with TP1 0.7985/90 TP2 0.8010/15 and possibly to TP3 0.8065/70,

while sell order as breakout strategy at 0.7910/20 with TP1 at 0.7865/70 TP2 0.7830/35 and possibly to TP3 at 0.7795/00

Euro/Chf This pair is still on downtrend, retracement at 1.2090/00. Buy order as breakout strategy at 1.2090/00 with TP1 at 1.2125/30 TP2 at 1.2150/55 TP3 at 1.2175/80,

while sell order as Swing Trading at 1.2090/00 with TP1 at low 1.2060/65 TP2 powering the trend to 1.2030/35 TP3 at 1.2015/20 then TP4 we go to our homes(if we would still have ones) barely wearing our underwears(more interesting for ladies)..LOL at 1.1975/80 or Being Rich in minutes with SNB Intervention..

Gbp/Chf This pair is still moving sideways with downtrend basis, retracement at 1.4615/25. Buy order as Breakout Strategy at 1.4615/25 with TP1 at 1.4640/50 TP2 at 1.4665/70 TP2 1.4705/10 and possibly to TP3 1.4805/10, while sell order at 1.4615/25 as Swing Trading with TP1 at low 1.4475/85 TP2 is powering the trend to 1.4435/40 TP3 at 1.4370/75

Euro/Gbp This pair is on downtrend basis today, retracement at 0.8280/90. Buy order as breakout strategy at 0.8280/90 with TP1 at 0.8315/20 TP2 at 0.8370/75 TP3 0.8415/20, while as swing trading sell order at 0.8280/90 with TP1 at low 0.8215/25 TP2 powering the trend to 0.8190/95 then possibly to TP3 at 0.8120/25

Aud/Usd This pair is on downtrend basis today, retracement at 1.0300/10. sell order as swing strategy at 1.0300/10 with TP1 at 1.0215/20 TP2 at 1.0170/75 and possibly to TP3 at 1.0105/10, while as nreakout strategy trading buy order at 1.0300/10 with TP1 at 1.0400/05 TP2 1.0440/45

Euro/Jpy This pair is still on downtrend, retracement at 97.70/80. As Breakout Trading Buy order at 97.70/80 with Tp1 at 98.25/35 TP2 at 98.80/85 TP3 at 99.45/50, while as swing trading sell order at 97.70/80 with TP1 at 96.60/65 TP2 at low 96.20/30 TP3 powering the trend possibly to 95.25/30

Gbp/Jpy This pair is still on downtrend, retracement at 117.85/95. Buy order as breakout strategy at 117.85/95 with TP1 at 118.35/40 TP2 at 118.65/70 TP3 at 119.10/15, while as swing trading sell order at 117.85/95 with TP1 at 117.10/15 TP2 at 116.80/90(around current historic low) and possibly to TP3 at low 116.60/70 then powering the trend to TP4 at 116.35/45

Oil is still on downtrend, retracement at 99.65/70. As breakout trading buy order at 99.65/70 with TP1 at 100.80/85 TP2 101.55/60, while as swing trading sell order at 99.65/70 with TP1 at 97.40/45 TP2 at 96.50/55 TP3 at low 96.00/10 TP4 is powering the trend to 95.35/40

Gold is still on uptrend, retracement at 1626/27. Buy order as swing trading at 1626/27 with TP1 at 1654/55 TP2 at high 1661/62 TP3 is powering the trend to 1674/75, while as breakout strategy trading sell order at 1626/27 with TP1 at 1621/22 TP2 1613/15 TP3 1601/02

***Take Note Traders that this Medium Term Strategy have TP starting at 50 pips or Take Profit 1(TP1) with SL Starting at 50 pips or TP1 of the opposite trading strategy which mean if you are trading the swing trading strategy SL would be 50 pips or TP1 of the breakout trading strategy but as I tried to help you with the previous post trading tips, you would not need veen 50 pips to close a wrong order if you had entered one but instead you can close at small loss and turn your strategy to the winning one(opposite).

Anyway. Traing the Trading then Trading would grow your experience more and more and more...

**No Important News Releases for today but we have for the Aussie Currency after some hours from now AUD Home Loans Buy Aud/Usd if 1.2% or above while sell if 0.8% or below.

Also, We have in late hours today approximately before Newyork session close by 2 hours ECB President Mario Draghi would speak

I liked to introduce new style of analysis reading & trading especially for newbies to better understand. If Most Traders see it as helpful would be Great, this is what I am looking for, while if you prefer the previous style then also Great you'll save lot of my time adapting to new style...LOL

Any Suggestions, Questions & Opinions are Welcome.

Have A Great Trading Day

 
lawal:
nice thread, what time of the day do u normally post your signal

Hi Lawal,

Thanks for the Kind Compliment.

I Daily post here after Market Open or New Daily Candle Open by 1-2 Hours. You can compare my posting time to your local time for better understanding.

Good Luck

 

kindly pls explain one of your short term trade signal for so i could understand better

 

Hello Traders,

Forex Signals & Analysis for 17th January 2012:

Short Term Signals:

Usd/Chf Buy at 0.9510/15 then 0.9500/05 then 0.9480/85, sell at 0.9570/75 then 0.9585/90 then 0.9600/05

Usd/Jpy Buy at 76.55/60 then 76.45/50 then 76.25/30, sell at 77.05/10 then 77.20/25 then 77.35/40

Euro/Usd Buy at 1.2620/25 then 1.2595/00 then 1.2570/75, sell at 1.2700/05 then 1.2720/25 then 1.2755/60

Gbp/Usd Buy at 1.5265/70 then 1.5240/45 then 1.5205/10, sell at 1.5370/75 then 1.5390/95 then 1.5435/40

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.9525/30, high is at 0.9590/95 Buy order as Swing Trading at 0.9525/30 TP1 0.9570/75 TP2 0.9585/90 TP3 0.9600/05,

while as breakout trading sell order at 0.9525/30 with TP1 at 0.9510/15 TP2 0.9500/05 TP3 0.9480/85

Usd/Jpy This pair is moving sideways. Sell order at 76.80/85 with TP1 76.55/60 TP2 76.45/50 TP3 76.25/30, buy order at 76.80/85 with TP1 77.05/10 TP2 77.20/25 TP3 77.35/40

Euro/Usd This pair is still on downtrend, retracement at 1.2690/00, low is at 1.2585/95 Buy order as breakout trading at 1.2695/05 with TP1 1.2720/25 TP2 1.2755/60,

while as swing trading sell order at 1.2690/00 with TP1 1.2620/25 TP2 1.2595/00 TP3 1.2570/75

Gbp/Usd This pair is still on downtrend, retracement at 1.5335/45 and low at 1.5240/50. As breakout trading buy order at 1.5335/45 with TP1 at 1.5370/75 TP2 1.5390/95 TP3 1.5435/40,

while as swing trading sell order at 1.5335/45 with TP1 at 1.5265/70 TP2 1.5240/45 TP3 1.5205/10

Usd/Cad This pair is moving sideways, with low at 1.0110/20 and high at 1.0275/85. Buy order at 1.0195/00 with TP1 1.0250/55 TP2 1.0285/90 TP3 1.0315/20, while sell order at 1.0190/95 with TP1 1.0130/35 TP2 1.0110/15 TP3 1.0055/60

Nzd/Usd This pair is still on uptrend, retracement at 0.7925/30. Buy order as swing trading with TP1 at 0.7970/75 TP2 0.7985/90 TP3 0.8010/15, while as breakout trading sell order at 0.7925/30 with TP1 at 0.7900/05 TP2 0.7885/90 TP3 0.7860/65

Euro/Chf This pair is still on downtrend, retracement at 1.2090/00 with low at 1.2060/65. Buy order as breakout trading at 1.2090/95 TP1 1.2105/10 TP2 1.2115/20 TP3 1.2130/35, while as swing trading sell order at 1.2090/95 with TP1 1.2055/60 TP2 1.2045/50 TP3 1.2030/35

Gbp/Chf This pair is still on downtrend, retracement at 1.4645/55. As breakout trading buy order at 1.4645/55 with TP1 at 1.4675/80 TP2 1.4710/20 TP3 at high 1.4760/70, while as swing trading sell order at 1.4645/55 with TP1 1.4565/70 TP2 1.4545/50 TP3 1.4515/20

Euro/Gbp This pair is still on downtrend, retracement at 0.8270/80. Buy order as breakout trading at 0.8270/80 with TP1 0.8295/00 TP2 0.8305/10, while as breakout trading sell order at 0.8270/80 with TP1 at 0.8245/50 TP2 0.8235/40 TP3 at low 0.8215/25

Aud/Usd This pair is still on downtrend, retracement at 1.0300/10. Buy order as breakout trading at 1.0300/10 TP1 1.0360/65 TP2 1.0380/85 TP3 1.0430/35, while as swing trading sell order at 1.0300/10 with TP1 1.0245/50 TP2 at 1.0215/20 TP3 1.0180/85

Euro/Jpy This pair is still on downtrend, retracement at 97.50/55. Buy order as breakout trading at 97.50/55 with TP1 97.60/65 TP2 97.80/85 TP3 98.00/05, while as swing trading sell order at 97.50/55 with TP1 at 96.95/00 TP2 96.80/85 TP3 96.60/65 while low is at 96.10/20.

Gbp/Jpy This pair is still on downtrend, retracement at 117.75/85. Buy order as breakout trading at 117.75/85 with TP1 at 117.95/00 TP2 118.20/25 TP3 118.40/50, while as swing trading sell order at 117.75/85 with TP1 at 117.30/35 TP2 117.15/20 TP3 116.95/00

Oil is still on downtrend, retracement at 99.75/80. Buy order as breakout trading at 99.75/80 with TP1 at 100.20/25 TP2 100.55/60 TP3 101.25/30, while as swing trading sell order at 99.75/80 with TP1 at 98.60/65 TP2 98.10/15 TP3 97.65/70

Gold is still on uptrend, retracement at 1640/41. As breakout trading sell order at 1640/41 with TP1 1630/31 TP2 1624/25 TP3 1618/19, while buy order as swing trading at 1640/41 with TP1 at 1652/53 TP2 1656/57 TP3 1665/66

We have Important news releases today for the Sterling, Euro, & Canadian Dollar Currencies:

-UK CPI: Buy Gbp/Usd if 4.4% or above while sell if 4.0% or below. Also BOE Governor King would talk so market should react with good volatility according to his speech contents.

- Euro German ZEW Economic Sentiment: Buy Euro/Usd if -47% or much better while sell if -52% or much worse

- CAD BOC Rate Statement: Buy Usd/Cad if interest rate is decreased from current 1.00% to 0.75% or/& statement is dovish while sell if increased to 1.25% and statement is hawkish

*** I feel some volatility & flow in Chf pairs, maybe something is being cooked by SNB. I might be wrong but it's never wrong to buy Euro/Chf at current price levels(only below 100 pips from SNB 1.20 Peg and especially if market price goes back to our TP targets buy orders) just keep Good Money Management with right lot size according to your account size, do not go Mad Crazy Greedy buying with non stop amounts seeing an Intervention as a soon meat...lol

Have A Great Trading Day

 
lawal:
kindly pls explain one of your short term trade signal for so i could understand better

Hello Lawal,

Short Term Strategy have TP 10-30 pips and above(if compatible with Medium Term Daily Analysis as high/low/ reversal price level) while SL 30 to max. 50 pips.

For example today: Euro/Usd Buy at 1.2620/25 then 1.2595/00 then 1.2570/75, sell at 1.2700/05 then 1.2720/25 then 1.2755/60

You buy at 1.2620/25 for 10-30 pips or above.. then after closing the order if market price kept going down to 1.2595/00 you buy for same TP then same for 1.2570/75

Same Scenario for the sell signals...

Take Note that as a basic rule of this short term counter trend strategy, you do not enter an order if market price goes few pips from a signal then bounce without touching it then tests it at second or third attempt to directly hit the signal price, in such case you do not enter a trade because we just trade the first touch and bounce or test not second or third tests. So you save your buy or sell entry to the next signal, meaning if this scenario happened with the first signal you save your entry to the second signal to enter the market executing an order.

Best Luck

 

Hello Traders,

Forex Signals & Analysis for 18th January 2012:

Short Term Signals:

Usd/Chf 0.9410/15 then 0.9375/80 then 0.9305/10, sell at 0.9585/90 then 0.9630/35 then 0.9685/90

Usd/Jpy Buy at 76.55/60 then 76.40/45 then 76.25/30, sell at 76.95/00 then 77.05/10 then 77.25/30

Euro/Usd Buy at 1.2620/25 then 1.2570/75 then 1.2490/95, sell at 1.2840/45 then 1.2890/95 then 1.2970/75

Gbp/Usd Buy at 1.5275/80 then 1.5250/55 then 1.5195/00, sell at 1.5405/10 then 1.5440/45 then 1.5480/85

Medium Term Daily Analysis:

Usd/Chf This pair is on downtrend basis today with overall sideways movement, retracement at 0.9500/10. As breakout trading buy at 0.9500/10 with TP1 0.9585/90 TP2 0.9630/35 TP3 0.9685/90,

while as Swing Trading sell order at 0.9500/10 with TP 1 0.9410/15 TP2 0.9375/80 TP3 0.9305/10

Usd/Jpy This pair is still moving sideways, Buy order at 76.80/85 with TP1 76.95/00 TP2 77.05/10 TP3 77.25/30, while sell order at 76.80/85 with TP1 76.55/60 TP2 76.40/45 TP3 76.25/30 and low is at 76.10/15

Euro/Usd This pair is still on downtrend but trying to base on uptrend, retracement at 1.2745/555. As breakout trading Buy order at 1.2745/55 with TP1 1.2840/45 Tp2 1.2890/95 TP3 1.2970/75,

while as swing trading sell order at 1.2745/55 with TP1 at 1.2620/25 Tp2 1.2570/75 Tp3 1.2490/95

Gbp/Usd This pair is still on downtrend, retracement at 1.5340/50. As breakout trading Buy at 1.5340/50 with Tp1 1.5405/10 Tp2 1.5440/45 Tp3 1.5480/85,

while as swing trading sell order at 1.5340/50 with Tp1 1.5275/80 Tp2 1.5250/55 Tp3 1.5195/00

Usd/Cad This pair is on downtrend basis, retracement at 1.0165/75. Buy order at 1.0165/75 as breakout trading with Tp1 at 1.0200/05 Tp2 1.0225/30 Tp3 1.0260/65, while as swing trading sell order at 1.0165/75 with Tp1 1.0095/00 Tp2 1.0070/75 Tp3 1.0035/40, low is at 1.0110/15 below would power the trend

Nzd/Usd This pair is still on uptrend, retracement at 0.7970/75. As breakout trading sell at 0.7970/75 with Tp1 at 0.7920/25 Tp2 0.7885/90 Tp3 0.7840/45, while as swing trading buy at 0.7970/75 with Tp1 at 0.8055/60 Tp2 0.8085/90 Tp3 0.8140/45

Euro/Chf This pair is still on downtrend, retracement at 1.2095/00. As breakout trading buy at 1.2095/00 with Tp1 at 1.2115/20 Tp2 1.2125/30 Tp3 1.2140/45, while as swing trading sell at 1.2095/00 with Tp1 1.2070/75 Tp2 1.2060/65 Tp3 1.2045/50

Gbp/Chf This pair is still on downtrend, retracement at 1.4570/80. As breakout buy at 1.4570/80 with Tp1 at 1.4655/60 Tp2 1.4705/10 Tp3 1.4750/55, while as swing trading sell at 1.4570/80 with Tp1 at 1.4490/95 Tp2 at low 1.4460/70

Euro/Gbp This pair is on uptrend basis, retracement at 0.8295/05. As Swing trading buy at 0.8295/05 with Tp1 at 0.8335/40 Tp2 0.8350/55 Tp3 0.8385/90, while as breakout trading sell at 0.8295/05 with Tp1 0.8255/60 Tp2 0.8235/40 Tp3 at low 0.8205/15

Aud/Usd This pair is on uptrend basis, retracement at 1.0350/60. As swing trading buy at 1.0350/60 with Tp1 at high 1.0435/45 Tp2 powering the trend to 1.0475/80 Tp3 1.0520/25 Tp4 1.0595/00 while as breakout trading sell at 1.0350/60 with Tp1 1.0270/75 Tp2 1.0225/30 Tp3 1.0150/55

Euro/Jpy This pair is still on downtrend, retracement at 97.90/00. As breakout trading buy order at 97.90/00 with Tp1 at 98.55/60 Tp2 98.90/95 Tp3 99.55/60, while as swing trading sell at 97.90/00 with Tp1 at 96.95/00 Tp2 96.55/60 Tp3 at low 96.00/10

Gbp/Jpy This pair is still on downtrend, retracement at 117.80/90. As swing trading swll at 117.80/90 with Tp1 at 117.30/35 Tp2 117.10/15 Tp3 116.70/75, while as breakout trading buy at 117.80/90 with Tp1 at 118.30/35 Tp2 118.55/60 Tp3 118.90/95

Oil reversed to uptrend, retracement at 100.75/80. As breakout trading sell order at 100.75/80 with Tp1 at 99.45/50 Tp2 98.70/75 Tp3 98.15/20, while as swing trading buy at 100.75/80 with Tp1 at 101.70/75 Tp2 102.10/15 Tp3 103.15/20

Gold is still on uptrend, retracement at 1647/48. As breakout trading sell at 1647/48 with Tp1 at 1635/36 Tp2 1627/28 Tp3 1613/14, while as swing trading buy at 1647/48 with Tp1 1670/71 high Tp2 powering the trend to 1679/80 Tp3 1692/93

We have Important news releases today for the Sterling, Dollar, And Canadian Dollar Currencies:

- UK Claimant Count Change & Unemployment Rate: Buy Gbp/Usd if 9.4K or above, or/& 8.2% or below while sell if 8.8K or below, or/& 8.4% or above

- US PPI: Buy Usd/Chf & Usd/Jpy if 0.3% or above while Buy Euro/Usd & Gbp/Usd if -0.1% or much worse

- CAD BOC Monetary Policy Report & press conference: Main focus here would be at BOC Governor Carney who would speak and his talking would have big effect on the Canadian Dollar Currency in General & Usd/Cad pair Basically.

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 19th January 2012:

Short Term Signals:

Usd/Chf Buy at 0.9335/40 then 0.9310/15 then 0.9235/40, sell at 0.9490/95 then 0.9535/40 then 0.9575/80

Usd/Jpy Buy at 76.60/65 then 76.50/55 then 76.45/50, sell at 76.90/95 then 77.00/05 then 77.10/15

Euro/Usd Buy at 1.2740/45 then 1.2685/90 then 1.2640/45, sell at 1.2925/30 then 1.2955/60 then 1.3040/45

Gbp/Usd Buy at 1.5335/40 then 1.5285/90 then 1.5245/50, sell at 1.5490/95 then 1.5515/20 then 1.5590/95

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retraceemnt at 0.9435/45. As breakout trading, buy at 0.9435/45 with Tp1 0.9490/95 Tp2 0.9535/40 Tp3 0.9575/80,

while as swing trading sell at 0.9435/45 with TP1 0.9335/40 TP2 0.9310/15 TP3 0.9235/40

Usd/Jpy This pair is still moving sideways. Buy order at 76.80/85 with TP1 76.90/95 TP2 77.00/05 TP3 77.10/15, while sell order at 76.80/85 with TP1 76.60/65 TP2 76.50/55 TP3 76.45/50

Euro/Usd This pair is on uptrend today but would face resistance at 1.2865/75, retracement at 1.2795/05. As breakout trading, sell at 1.2795/05 with TP1 1.2740/45 TP2 1.2685/90 TP3 1.2640/45,

while as swing trading buy at 1.2795/05 with TP1 1.2925/30 TP2 1.2955/60 TP3 1.3040/45

Gbp/Usd This pair is on uptrend basis today but would face resistance at 1.5470/80, retracement at 1.5385/95. As breakout trading, sell at 1.5385/95 with TP1 1.5335/40 TP2 1.5285/90 TP3 1.5245/50,

while as swing trading buy order at 1.5385/95 with TP1 1.5490/95 TP2 1.5515/20 TP3 1.5590/95

Usd/Cad This pair is still on downtrend, retracement at 1.0140/50. As breakout trading, buy at 1.0140/50 with TP1 1.0170/75 TP2 1.0295/00 TP3 1.0215/20,

while as swing trading sell at 1.0140/50 with TP1 1.0075/80 TP2 1.0060/65 TP3 1.0015/20

Nzd/Usd This pair is still on uptrend, retracement at 0.8000/05. As breakout trading sell at 0.8000/05 with TP1 0.7980/85 TP2 0.7950/55 TP3 0.7910/15, while as swing trading buy at 0.8000/05 with TP1 0.8095/00 TP2 0.8125/30 TP3 0.8165/70

Euro/Chf This pair is still on downtrend, retracement at 1.2090, low at 1.2040/50. As breakout trading buy at 1.2090 with TP1 1.2135/40 TP2 1.2160/65 TP3 1.2185/90, while as swing trading sel at 1.2090 with TP1 1.2040/45 TP2 1.2025/30

Gbp/Chf This pair is still on downtrend, retracement at 1.4530/40, low at 1.4440/50. As breakout trading, buy at 1.4530/40 with TP1 1.4565/70 TP2 1.4600/05 TP3 1.4635/40, while as swing trading sell at 1.4530/40 with TP1 1.4445/50 TP2 1.4420/25 TP3 1.4370/75

Euro/Gbp This pair is still on uptrend, retracement at 0.8310/20. As breakout trading sell at 0.8310/20 with TP1 0.8290/95 TP2 0.8275/80 TP3 0.8250/55, while as swing trading buy at 0.8310/20 with TP1 0.8360/65 TP2 0.8375/80 TP3 0.8405/10

Aud/Usd This pair is still on uptrend, retracement at 1.0380/90, high at 1.0465/70. As breakout trading, sell at 1.0380/90 with TP1 at 1.0360/65 TP2 1.0330/35 TP3 1.0305/10, while as swing trading buy at 1.0380/90 with TP1 1.0465/70 TP2 1.0485/90 TP3 1.0535/40

Euro/Jpy This pair is on uptrend basis today, retracement at 98.30/40. As breakout trading, sell at 98.30/40 with TP1 97.75/80 TP2 97.25/30 TP3 96.80/85, while as swing trading buy 98.30/40 with TP1 99.35/40 TP2 99.65/70 TP3 100.40/45

Gbp/Jpy This pair is on uptrend basis, retracement at 118.20/30. As breakout trading, sell at 118.20/30 with TP1 117.60/65 TP2 117.15/20 TP3 116.75/80, while as swing trading buy at 118.20/30 with TP1 119.10/15 TP2 119.30/35 TP3 120.00/05

Oil is still on uptrend, retracement at 100.65/70. As swing trading buy at 100.65/70 with TP1 102.50/55 TP2 103.20/25 TP3 104.35/40, while as breakout trading sell at 100.65/70 with TP1 99.50/55 TP2 98.70/75 TP3 97.70/75

Gold is still on uptrend, retracement at 1654/55. As breakout trading, sell at 1654/55 with TP1 1642/43 TP2 1634/35 TP3 1627/28, while as swing trading buy at 1654/55 with TP1 1669/70 TP2 1674/75 TP3 high at 1680/81 and possibly TP4 1686/87

We have Important News Releases today for the Dollar Currency:

- US Core CPI & Unemployment Claims: Buy Usd/chf & Usd/Jpy if 0.3% or/& 370K or below, while Buy Euro/Usd & Gbp/Usd if -0.1% or/& 400K or above

- US Philly Fed Manufacturing Index: Buy Usd/chf & Usd/Jpy if 13 or above while Buy Euro/Usd & Gbp/Usd if 8 or below

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 20th January 2012:

Short Term Signals:

Usd/Chf Buy at 0.9270/75 then 0.9250/55 then 0.9190/95, sell at 0.9400/05 then 0.9440/45 then 0.9475/80

Usd/Jpy Buy at 76.60/65 then 76.40/45 then 76.10/15, sell at 77.45/50 then 77.65/70 then 77.95/00

Euro/Usd Buy at 1.2845/50 then 1.2790/95 then 1.2745/50, sell at 1.3025/30 then 1.3055/60 then 1.3145/50

Gbp/Usd Buy at 1.5415/20 then 1.5385/90 then 1.5355/60, sell at 1.5520/25 then 1.5540/45 then 1.5590/95

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement at 0.9380/90 and low at 0.9270/80. As breakout trading, buy at 0.9380/90 with Tp1 0.9400/05 Tp2 0.9440/45 Tp3 0.9475/80,

while as swing trading sell at 0.9380/90 with Tp1 low at 0.9270/75 Tp2 powering the trend to 0.9250/55 Tp3 0.9190/95

Usd/Jpy This pair is still moving sideways with uptrend basis today, retracement at 76.95/05. Buy as swing trading at 76.95/05 with Tp1 77.45/50 Tp2 77.65/70 Tp3 77.95/00,

while as breakout trading sell at 76.95/05 with Tp1 76.60/65 Tp2 76.40/45 Tp3 76.10/15

Euro/Usd This pair is still on uptrend, retracement at 1.2880/90. As swing trading buy at 1.2880/90 with Tp1 1.3025/30 Tp2 1.3055/60 Tp3 1.3145/50,

while as breakout trading sell at 1.2880/90 with Tp1 1.2845/50 Tp2 1.2790/95 Tp3 1.2745/50

Gbp/Usd This pair is still on uptrend, retracement at 1.5430/40. As swing trading buy at 1.5430/40 with Tp1 1.5520/25 Tp2 1.5540/45 Tp3 1.5590/95,

whil as breakout trading sell at 1.5430/40 with Tp1 1.5415/20 Tp2 1.5385/90 Tp3 1.5355/60

Usd/Cad This pair is still on downtrend, retracement at 1.0125/35 and low at 1.0080/85. As swing trading sell at 1.0125/35 with Tp1 1.0060/65 Tp2 1.0040/45 Tp3 1.0015/20,

while as breakout trading buy at 1.0125/34 with Tp1 1.0140/45 Tp2 1.0155/60 Tp3 1.0185/90

Nzd/Usd This pair is still on uptrend, retracement at 0.8010/15. As swing trading buy at 0.8010/15 with Tp1 0.8050/55 Tp2 0.8065/70 Tp3 0.8090/95,

while as breakout trading sell at 0.8010/15 with Tp1 0.7995/00 Tp2 0.7980/85 Tp3 0.7960/65

Euro/Chf This pair is still on downtrend, retracement at 1.2085/90. As swing trading sell at 1.2085/90 with Tp1 1.2065/70 Tp2 1.2055/60 Tp3 low at 1.2045/50, while as breakout trading buy at 1.2085/90 with Tp1 1.2095/00 Tp2 1.2100/05 Tp3 1.2115/20

Gbp/Chf This pair is still on downtrend, retracement at 1.4480/90 and low at 1.4400/10. As breakout trading buy at 1.4480/90 with Tp1 1.4505/10 Tp2 1.4540/45 Tp3 1.4565/70, while as swing trading sell at 1.4480/90 with Tp1 1.4390/95 Tp2 1.4375/80 Tp3 1.4315/20

Euro/Gbp This pair is still on uptrend, retracement at 0.8340/50. As swing trading buy at 0.8340/50 with Tp1 0.8390/95 Tp2 0.8400/05 Tp3 0.8435/40, while as breakout trading sell at 0.8340/50 with Tp1 0.8325/30 Tp2 0.8305/10 Tp3 0.8290/95

Aud/Usd This pair is still on uptrend, retracement at 1.0390/00. As breakout trading buy at 1.0390/00 with Tp1 at 1.0450/55 Tp2 high at 1.0470/75 Tp3 1.0505/10

Euro/Jpy This pair is still on uptrend, retracement at 99.15/25. As swing trading buy at 99.15/25 with Tp1 100.70/75 Tp2 101.00/05 Tp3 102.00/05, while as breakout trading sell at 99.15/25 with Tp1 98.60/65 Tp2 98.00/05 Tp3 97.45/50

Gbp/Jpy This pair is still on uptrend, retracement at 118.80/90. As swing trading buy at 118.80/90 with Tp1 120.15/20 Tp2 120.50/55 Tp3 121.35/40, while as breakout trading sell at 118.80/90 with Tp1 118.25/30 Tp2 117.70/75 Tp3 117.10/15

Oil is on downtrend basis today, retracement at 100.65/70. As swing trading sell at 100.65/70 with Tp1 99.35/40 Tp2 98.70/75 Tp3 97.50/55, while as breakout trading buy at 100.65/70 with Tp1 102.15/20 Tp2 102.95/00 Tp3 103.85/90

Gold is still on uptrend, retracement at 1654/55. As breakout trading sell at 1654/55 with Tp1 1644/45 Tp2 1638/39 Tp3 1626/27, while as swing trading buy at 1654/55 with Tp1 1672/73 Tp2 1679/80 Tp3 1689/90

There are Important News Releases today for the Sterling, Canadian Dollar, and Dollar Currencies:

- UK Retail Sales: Buy Gbp/Usd if 0.3% or above while sell if -0.1% or below

- CAD Core CPI: Buy Usd/Cad if -0.4% or worse while sell if 0.1% or above

- US Existing Home Sales : Buy Usd/chf & Usd/Jpy if 4.80M or above while Buy Euro/Usd & Gbp/Usd if 4.45M or below

Have A Great Trading Day & An Interesting Weekend

 

Dear Traders,

A Clear typing mistake and lack of info for Aud/Usd pair Analysis at Friday 20/1/2012(yesterday), just discovered it now, liked if any trader had informed me about it at friday early time so I fix it.

Anyway, Downside for this pair was invalid- not used..

The correction is Aud/Usd This pair is still on uptrend, retracement at 1.0390/00. As Swing(not breakout) trading(as uptrend movement) buy at 1.0390/00 with Tp1 at 1.0450/55 Tp2 high at 1.0470/75 Tp3 1.0505/10

Addition must had been: while as breakout trading sell at 1.0390/00 with TP1 1.0365/70 Tp2 1.0340/45 Tp3 1.0315/20

Take Note Traders that retracement level is as support in an uptrend and resistance in downtrend.

I would like to remind traders about retracement price levels that is plus spread. You might ask why it's a 2 level lines, meaning for example at 1.0110/20 or 1.0110/15. Why isn't it 1.0110 or 1.0120.

In bt. sometimes as in Euro/Chf case 2 forex past days retracement at 1.2090(market exatly made a high at 1.2090(Oh No with some decimals...lol as 1.20904 or 1.20906 bt. brokers high price marked).

I try to tight the number as 5 pips(119.30/35 instead of 119.30/40 for example) when I see the situation might be appropriate with no bonus possible action by a certain pair/s at a certain day.

The clear only reason is market price might move to a little more price level due to market conditions that change during the day, news release, brokers spread difference and simply the pair/s have some little additional possible oversold or overbought level to add to the movement(considered within daily changeable market conditions).

A more obvious reason is broker spread that surey differ bt. brokers, let talk about Nzd/Usd spread for some brokers might be 5 while 2 or 1.5 for other brokers, or EuroUsd spread at 1 or less as 0.5 for some brokers especially ECN/STP brokers while 2/3 for other brokers. Gbp/usd at 1/1.5 or 2.5/3, Euro/Chf 1.5/2 or 3 up to 5 - Gbpjpy and Euro/Jpy the same.

And we still didn't go to the exotics(not within my analysis), there spread might differ bt. 5 up to 10 or even more bt. brokers.

All the above reasons are within the 5-10 pips of retracement price levels(example 0.9570/75 or 0.9570/80). A trade condition becomes valid when You see the low price reached by the market if you are buying and high if selling marked by your broker at retracement level (mentioned for each pair) or simply when candle gets at or inside the retracement price levels(for example as seen below in the charts), so you analyze the situation if Good for breakout or swing trading to execute an order.

I'll show you below examples of Entries of False Breakout, Valid Breakout and Valid Swing Trading for Aud/Usd, Euro/Usd & Gbp/Chf pairs, as always picture talk with FXMoneyMaker.

Hopefully, My charts tips & explanations are being helpful for you all which is my main goal to help you better understand this Medium Term Strategy Basically & some Important Forex Trading strategies in General.

Enjoy An Exciting Weekend

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