Free Forex Trading Signals ARCHIVED

10 Free Forex Trading Signals For May 1 – 5 2017

How did these Forex setups play out?

CHFJPY – The monthly pin bar confirmed. Break of highs and pullback as seen on chart. Yes, you can infer lower time frame pullbacks by higher time frame candles as seen by the candle of Friday April 28. 200 pips up for grabs!

EURJPY – Over 200 pips on the long in a perfect resistance or holding trading play.

EURNZD – Slight pullback after resistance failed to hold. Break of doji for entry booked 200 pips.

EURUSD – Triangle formed during the week with break on Thursday. Probably not a trade many would take although it’s in profit.

GBPCHF – Labeled as a resistance holding or failing trade. Resistance held. Inside candlestick and price dropped 100 pips before finding legs.

GBPJPY – Price broke resistance with small range candles until the Friday pop of 170 pips. I’m not going to count this as many traders would have ignored this pair due to the weak price action

GBPUSD – Like the GBPJPY, this pair is sluggish as it entered the zone of previous congestion.

NZDJPY – I mentioned bear flag broken at support…..and this highlights why I said in an previous update that you can’t ignore the horizontal zones! Price broke the support side of the flag and jumped 132 pips. Even though it’s a trendline, it was a support holding or failing trade. Support held.

NZDUSD – Support holding but I much prefer the failure test (spring in Wychoff terms) on May 4 as a reversal in this context.

READ  How To Trade The Price Action Forex Trading Signals

USDJPY – Basing under support and then triangle formation. Break to the upside nets over 100 pips

CHFJPY Daily

CHFJPYDaily

CHFJPY Daily

 

EURJPY Daily

EURJPY Daily

EURJPY Daily

 

EURNZD Daily

EURNZD Daily

EURNZD Daily

 

EURUSD Daily

EURUSD Daily

EURUSD Daily

 

GBPCHF Daily

GBPCHF Daily

GBPCHF Daily

 

GBPJPY Daily

GBPJPY Daily

GBPJPY Daily

 

GBPUSD Daily

GBPUSD Daily

GBPUSD Daily

 

NZDJPY Daily

NZDJPY Daily

NZDJPY Daily

 

NZDUSD Daily

NZDUSD Daily

NZDUSD Daily

 

USDJPY Daily

USDJPY Daily

USDJPY Daily

139 Responses

  1. Promise
    • shaned
  2. AbulQaasim Moosa Matete
  3. bob
    • shaned
  4. Willy
    • shaned
  5. Johandre
    • shaned
  6. Andy Morrow
    • shaned
    • shaned
  7. Ian
    • shaned
      • militrade
        • militrade
          • shaned
  8. militrade
    • shaned
  9. Pipster
  10. john williams
    • shaned
  11. Didier
    • shaned
  12. Mario
    • shaned
      • mario
        • mario
        • shaned
  13. Wisdom
    • shaned
  14. Brian
    • shaned
  15. Mitchell
    • shaned
  16. Wisdom
    • shaned
  17. shadrack
    • shaned
  18. Vince-mand
    • shaned
  19. Jay
    • shaned
  20. Mofeed Alkheer
    • shaned
  21. David
    • shaned
  22. David Aibamwen
    • shaned
  23. Rao
      • Rao
  24. ashok
  25. Rao
    • shaned
  26. Terrance
    • shaned
  27. Milton
    • shaned
      • Milton
  28. Prashanth KM
    • shaned
  29. Jan
    • shaned
      • Jan
  30. Jan
    • shaned
  31. ajewole olufunso
    • shaned
  32. Tshego
    • shaned
  33. Jose Dominguez
    • shaned
  34. Alvin
    • shaned
  35. BKay
    • shaned
  36. desmond
    • shaned
  37. Letlhogonolo
    • shaned
  38. abadou
    • shaned
      • abadou
  39. Wisdom
    • shaned
  40. Faizanpk
    • shaned
  41. Pipster
    • shaned
  42. Kamza
    • shaned
    • abadou
      • shaned
  43. Kev
    • shaned
  44. Kev
  45. Amarjit
    • shaned
  46. Sebastiao Nogueira
    • shaned
  47. Glen
    • shaned
  48. Luisa
    • shaned
      • Lebaleo
        • shaned
  49. john
    • shaned
  50. Shaul bouskila
    • shaned
  51. Trevor
    • shaned
  52. stephen
    • shaned
  53. Tsepo Mokoena
    • shaned
  54. magesty
    • shaned
  55. magesty
    • shaned
  56. Sipho Molopo
    • shaned
  57. Jonie Cashflow
    • shaned
      • Mary
        • shaned
          • Mary
          • shaned
          • Sharon
      • Henry
        • shaned
          • Henry
          • shaned