11 Free Forex Trading Signals For April 10 – 14 2017
Let’s look at how the charts for the previous week turned out…..
Over 700 pips on the trading signals with some of them playing out letter perfect.
I’ve been asked if I consider higher time frame and the answer is an absolute YES. I look at the trend but more importantly, I look for price action that shows a high probability of price reversing. Not a complete trend change but certainly opportunity on lower time frames inside of the corrections on higher time frames.
Here are the currency pairs from last week:
AUDCAD – Price broke support and dropped 124 pips.
AUDJPY – Short trade played out to 209 pips from low of reversal candle
CADJPY (Mislabeld. Chart is CHFJPY) – Broke support as indicated and price has dropped 130 pips
EURCAD – Price rallied into the yellow zone as indicated on chart and price dropped 160 pips from lower end of zone.
USDCAD – Price rallied off support with clear inside candlestick for 120 pips
AUDCHF – Price dropped to support and price action is showing no clear bias.
CADCHF – Price is still inching towards a zone of interest as indicated on chart.
EURJPY – Price broke support although not a convincing follow through
GBPCHF – Basing 60 pips below resistance
NZDUSD – Support breaking trade with small consolidation prior to break
USDJPY – Price dropped from white line on chart. Basing at support level.
AUDCAD DAILY CHART
AUDJPY DAILY CHART
AUDUSD DAILY CHART
EURCAD DAILY CHART
EURGBP DAILY CHART
GBPAUD DAILY CHART
GBPCHF DAILY CHART
GBPJPY DAILY CHART