Free Forex Signals Now Published: May 29 – June 2 2017
All of these free Forex signals are based on price action, price structure and can result in trading opportunities. These Forex signals use technical analysis to choose these trading setups.
The signals are setup during the off hours of the FX market and the setups become live once the markets open on Sunday afternoon (assuming you are in New York). If you have subscribed, you should receive an email letting you know signals are posted by Sunday afternoon.
The beauty of Forex trading like this is you are not waiting for a lagging technical indicator to flash an entry signals. You can see, in advance, the setup that we are looking to take advantage of.
- We are reactive to price action in these areas
- We do not attempt to forecast although an idea can be helpful
- Don’t get blinded by your opinion
- Price rules
While some of you may choose to scalp or day trade the foreign exchange market with these free signals, please note they are designed for a swing trading approach.
Please be fully aware of your overall “risk appetite” when it comes to your trading account and your Forex broker margin rules.
You can also visit: How To Trade The Free Currency Trading Signals
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14 Free Forex Trading Signals For May 29 – June 2 2017
1080 pips. That was the conservative amount of pips the posted Forex trade setups delivered last week.
Two weeks combined was 2880!
That is using simple structure and watching price action around certain structures to see what happens. That’s it.
Take Monday off. Bank holidays around the globe.
Some crosses closed with strong candles which can cause an issue with entry. You’d like to see some small consolidation, a lower time frame price action setup, a lower time frame trend line break……something……instead of just jumping in.
Remember that setups with the same currency such as GBP would need to see GBP strength or weakness depending on setup. Do NOT over expose yourself!