Free Forex Signals Now Published: Aug 14 – Aug 18 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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11 Free Forex Trading Signals For Aug 14 – Aug 18 2017
Quite a few crosses were stagnant while others showed large red candlesticks only to be supported near the end of the week with the NZDJPY standing out as a big mover. Still 550+ pips potential were available.
Look back as the charts from last week as some of them are still valid. You will see price sitting in our action zones.
The Forex signals pointed you in the direction and how you traded them would have determined your outcome. Whether it was a simple trend line break play, consolidated breakout, or lower time frame setups (4 hour), there were trades available. These setups/entries are not a secret as there are many trading strategies you can use on this site.
Asked about news releases: we trade the higher time frame and the usual news releases don’t greatly affect our trades.
Full details from last weeks free FX signals can be found here.
