Forex Trading Signal Week #1
After writing for my blog for so long, I think it will better benefit the readers if I can share with you how I analyze my trading every week. I will try my best to post my weekly analysis every week. 1) EUR/USD General Outlook Daily Chart: For the EUR/USD pair Daily chart, the EMAs are all flattening out and there is no obvious trend to trade. Hourly Chart: The EMAs are starting to stack down and this will give us a good downtrend signals. Technical Analysis Daily Chart: The stochastic are overbought and is starting to punch down with the MACD cutting down the trigger ...
Forex Money Management For Traders
To be a successful forex trader, it is important for you to understand forex money management to better optimize your profit. I have some friends who are quite successful in forex trading with winning percentage of only 50%. This means that they make 5 losses and 5 wins for every 10 trades they get into, the reason why they are about to make money is because of their good money management in forex trading. Here are some factors you must take note if you are serious of becoming a full time trader 1) Adequate Capital: If you have a forex account be ...
Forex Breakout Trading Made Easy
There are only three ways any forex traders can trade the market. Either you decide to go for Forex Range Trading, Forex Breakout Trading or Forex Swing Trading. Anyone of this can be equally profitable if you know how to trade properly. In this post, I will be focusing on talking about forex breakout trading and how you should go about trading this kind of situation. What is forex breakout trading? It is the sudden burst of price movement in a particular direction after a period of consolidation. Forex breakout is usually accompanied by a breach of trend line or trend wall after ...
Can Forex Day Trading Be Your Full Time Career
I often have friends asking me whether forex day trading can be a full time career. Most of them asking this question are those who are tired of their job and are looking for a way to help them get out of the rat race. Personally, I used to be an engineer working in a multi-national company with good pay and prospect. But I realized that my life should not be revolving around waking up at 6am, travel to work, nag by boss, having to please my boss and many more. Therefore I decided to take up forex day trading as ...
Forex Tips
How To Trade Market That Is Moving SidewayThere are 3 ways the currency market can move namely UP, DOWN and SIDEWAY. If the...
A Lucky Trader Vs A Discipline Trader
I decided to write this post after receiving an email from one of my blog reader...
The “Revenge” Trading Method
The revenge trading method is one of the easiest trading strategies all traders...
How To Draw Proper Trend Line
Drawing trend line is sometime that is very subjective for most traders. From those...
Ways To Make Money Trading Currency
There are a number of different ways you can make money trading currency. Forex...
Forex Tips You Must Bear In Mind
I have been receiving emails from the readers of my newsletter asking me for forex...
Forex Trading Plan Setup Tips
If you are scratching your head wandering how to setup your own forex trading plan...
Is Forex Trading Journal a Must Have?
If you are new to trading, you definitely need to know what forex journal is and...
Forex Technical Analysis – A Guide to Successful Trading
Are you a first timer forex trader? If you are new in the trading business and you...
Forex Information: New NFA Rule 2-43(b)
The National Futures Association new rule 2-43(b) of “First In First Out”...
Forex Money Management For Traders
To be a successful forex trader, it is important for you to understand forex money...
Forex Strategies – When Is The Best Time To Enter A Trade
If you do not have any forex strategies on when to enter a trade, you are not going...
Important Forex Trading Hours To Look Out For
Have you ever thought what the best Forex Trading Hours are? Keep in mind that the...
Read More Posts From Forex Tips
Forex Strategies
Forex Pivot Point Trading Strategy
Forex pivot point trading is what some people call “Big Dogs Trading Method“....
The Forex Fibonacci Trading Strategy
I have sent out an email sometime ago asking my newsletter subscribers to ask questions...
Forex Breakout Trading Made Easy Part II
I have posted a forex breakout trading strategy on one of my previous blog post...
Forex Swing Trading Strategy
Some of you may have heard of forex swing trading from some forex books or courses...
My Forex Chart Analysis Strategy
If you ask me “What is my most important step before I place a trade?”....
Forex Scalping System For Currency Traders
There are a group of subscribers to my newsletter that are interested in learning...
Forex Trend Trading Made Easy
I have just finished watching the LIVE broadcast of the Complete Solar Eclipse. What...
Forex Buy Sell Signals
When it comes to forex trading, there is nothing more important than being able to...
Forex Strategies – When Is The Best Time To Enter A Trade
If you do not have any forex strategies on when to enter a trade, you are not going...
Forex Reversal Identifying Techniques
If the price is moving in a trend for some time, there will be chance where it will...
Forex Breakout Trading Made Easy
There are only three ways any forex traders can trade the market. Either you decide...
Read More Posts From Forex Strategies
Forex Trading Signals
Forex Trading Signal Week #4 2010
Did you take the EURUSD trade that I have suggested last week. If you had entered 3 lots like me, you should now exit your last lot instead of waiting for the last target because it seems like the 5th Elliot wave pattern has been completed. If you had followed me with this trade, you would have made a total of 500 pips by now. Congrats to those of you... [Read more of this review]
Forex Trading Signal Week #3 2010
1) Forex Trading Signal for GBPJPY Forex Trend Analysis Similar to the previous few weeks, the weekly chart of the GBPJPY pair demonstrates a downtrend as the exponential moving averages are all stacked nicely downward. As for the daily chart, it appears to be in consolidation at the moment as the EMAs are all flat and cluster together. As for the... [Read more of this review]
Forex Trading Signal week #2 Year 2010
1) Forex Trading Signal for GBPJPY Forex Trend Analysis From the weekly chart, the EMAs are still nicely stacked downward with good angle and separation indicating a downtrend. However both the daily and hourly charts are showing flat EMAs signaling a period of consolidation. Forex Technical Analysis On the weekly chart, the price has tested the support... [Read more of this review]
Forex Trading Signal week #1 Year 2010
1) Forex Trading Signal For GBPJPY Forex Trend Analysis The EMAs on the weekly chart are stackd nicely down but the EMAs on the daily chart are flat showing a sign of consolidation. On the Hourly chart, the EMAs are stacked up but they are starting to curve down at the time of writing this post. I will say that the overall trend seems to be mixed on... [Read more of this review]
Forex Trading Signals Week #18
1) Forex Trading Signals For GBPJPY Forex Trend Analysis The overall trend for the weekly and daily chart for the GBPJPY currency pair are down with its EMAs stacked nicely downwards with good angle and separation. However the trend on the hourly chart demonstrates an uptrend. Forex Technical Analysis On the weekly chart, the price is currently moving... [Read more of this review]
Forex Trading Signal Week #17
1) Forex Trading Signal For GBPJPY Forex Trend Analysis Weekly Chart: From the weekly chart, it can be seen that the EMAs are now stacked down with better angle and separation. This is a good indication of a downtrend. Daily Chart: The EMAs for the daily chart are flat and some sort of messy. It does not give a good indication of the trend. Hourly... [Read more of this review]
Forex Trading Signal Week #16
1) Forex Trading Signal For GBPJPY Forex Trend Analysis Weekly Chart: The exponential moving averages are continuing to stack in a downward manner indicating a downtrend in action. Daily Chart: In this daily chart, the EMAs are all stacked nicely in a downward manner also indicating a downtrend. Hourly Chart: However in this hourly chart, the EMAs... [Read more of this review]
Forex Trading Signal Week #15
1) Forex Trading Signals For GBPJPY Forex Trend Analysis Weekly Chart: In the weekly chart, the EMAs are nicely stacked down with good angle and separation. This is a good indication of a downtrend in action. Daily Chart: For this daily chart, the EMAs are also stacked down but with lesser angle and separation compared to the weekly chart. Although... [Read more of this review]
Forex Trading Signal Week #14 Update
Just an update for the 2 currency pair that I have posted the signal for you earlier. Forex Analysis For GBP/JPY The GBPJPY has broke through the 145.795 and if you have went short, you are already making 229 pips at the point of my writing this post. If you have multiple lots, maybe you should exit 1 lot to grab the profit. The next exit target will... [Read more of this review]
Forex Trading Signal Week #14
1) Forex Trading Signals For GBP/JPY Forex Trend Analysis Weekly Chart: The EMAs in the weekly chart are properly stacked down in an orderly manner. This indicates a long term downtrend in action. Daily Chart: The EMAs in this daily chart also signify a downtrend as the EMAs are stacked down as well. Hourly Chart: The EMAs in the hourly chart are... [Read more of this review]
Forex Trading Signals Week #13
1) Forex Trading Signals For GBPJPY Forex Trend Analysis Weekly Chart: The exponential moving averages are stacked nicely in a downward manner with good angle and separation on this chart. Daily Chart: The exponential moving averages for the daily chart are still stacked down but similar to last week, the gradient of the EMAs are pretty flat this... [Read more of this review]
Forex Trading Signals Update
If you have trade according to the signal I gave you yesterday on the GBPJPY, you will now have made over 100 pips. At the time of this writing, I have already closed 2 lots and leave one to run while putting the stop loss at the breakeven point. If you have entered several lots, it is time to let some go and take the profit. I will be taking all the... [Read more of this review]
Read More Posts From Forex Trading Signals
