Free Forex Trading Signals ARCHIVED

5 Forex Trading Signals For FEB 6 – FEB 10 2017

With a heavy release of reports last week, we can NEVER know what is going to happen.

  • We trade the imbalance.
  • We trade the probabilities.
  • We manage our risk.

Let’s take a quick look at what happened:

GBPAUD – Played out as written and also gave a backside test entry. Over 250 pips in play.

CADJPY – Gave us the opportunities as presented short.

CHFJPY – Gave us our downside target.

EURGBP – Gave us the rally and short but would have been difficult to trade if not looking intra-day

EURNOK – First target hit

AUDCAD – The momentum move that broke the trend line consolidated. Great example of a trend line break failure. If the momentum was to continue, you don’t want to see the consolidation like we did going into the week.

AUDJPY – Continues its compression.

USDCAD – This pair is all over the map!

USDJPY – I mentioned watch for strong retrace. It happened. Nothing going on.

Many Forex charts are not moving very cleanly at the moment.  Even consolidations are whippy which can cause you a huge headache when it comes to stop placements.

 

AUDCHF WEEKLY CHART

Never hurts to have position trades ready to go!

AUDCHF WEEKLY FOREX CHART

AUDCHF WEEKLY FOREX CHART

 

CADCHF DAILY

CADCHF DAILY SWING TRADING CHART

CADCHF DAILY SWING TRADING CHART

 

EURGBP DAILY

EURGBP DAILY CHART

EURGBP DAILY CHART

 

GBPCHF 4 HOUR CHART

GBPCHF 4 HOUR CHART

GBPCHF 4 HOUR CHART

 

GBPJPY DAILY CHART

GBPJPY DAILY CHART

GBPJPY DAILY CHART

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