Free Forex Trading Signals ARCHIVED

Hi Promise

Thanks for the words! It does take a lot of time but I enjoy doing it.

I don’t have a course or video on how I approach each chart. Years of experience really. I don’t really predict although you’ve seen on the charts that there are times price will do exactly as I have written on the chart. Then there are times it will do the exact opposite. But here is the thing….BOTH are events that can be traded.

Thanks for the message. Seems that the login screen has become an issue. When I get back to my computer I will deal with that. In regards to the sent emails, the one for the current charts has not been sent yet.

These are daily charts but you can use a lower time frame for entry if/when there is resolution in the setup.
As with all trading setups, you never know what day they will trigger on.
Have you tested a multi-time frame strategy? Is there an edge for you? I’m not for or against multiple time frame trading but it should add to what you are doing.

A sell limit order is an order to sell above current price. You expect the market to rally and then reverse back to the downside
A sell stop order is an order to sell below current price. You expect the market to break to the downside.
For buys….just the exact opposite.

I’m glad you like it! Hoping you are learning tons!

I get your question although HOW to trade them is going to depend on you and your testing. Start with the basic instructions and then tweak according to your testing results.
In terms of the stop loss…..those are tight but it depends on the setup and the setup candlestick. There is no “perfect” stop and I can tell you that I have a huge fan of ATR stops. You can also check out this blog post on stop loss placements

Check your email for confirmation. Thanks for stopping by.

Glad to hear it! Thanks

The setups are done during the weekend and posted by Sunday afternoon. You will receive an email around that time. You can always check to see if they are updated because sometimes the email is sent later in the weekend.

Your stop loss will depend on what your trading entry is as well as risk management. That is simply a zone that I’d be happy with a pullback to. Doesn’t have to hit it…..just “close enough”. Then price action leads the way in what to do next.

That’s odd. It must be there somewhere. Are images showing up in your emails?

Thanks! Check your email.

http://forextradingstrategies4u.com/about/

Glad you are getting something out of them. Always remember, if they don’t play out as written, is there a failure that you can take advantage of?

Got you covered. Check your email for confirmation.

Good luck on your trading journey!
My overall feelings on leverage is to trade what makes you comfortable. My rule of thumb is to use as little as possible and remember to base risk on actual account….not the leveraged amount

Hi Jan. You expressed yourself very well in the comment. No worries about that. Thanks for the comment about the emails and such. I’ve changed the way it’s worded on the signal page so there is no confusion. Where you see just the currency pairs named, that is how the previous charts that were listed turned out. The “700” in that instance is what the potential was from the signal given the price movement that occurred. The current week is where the charts are. Does that help? If not, please let me know. In regards to the trading…it’s just experience and time. You can’t rush either of them. Just be consistent.

That would be very cool if it became half as popular as FX Factory. I think that site takes a lot of work and infrastructure and may be too much of a job for me. Just keep coming here, checking out my content and signals…and I will be just as happy.

Hi Tshego. I don’t give out my own email address. You can however post your comments or questions here if you like.

Hi Jose. I appreciate the kind words! The course was written a while ago by the old owner of the website. I am updating a lot of what was written by him though. He certainly put a lot of love into the site. I hope that people see the charts that are posted and begin to find their own way to tackle the markets so they can become self-sufficient. Trading is a wonderful business where really…you make your own future. I always say it is a meritocracy.

Hey Alvin. I will tell you that trying to find the best setting for any indicator is a rabbit hole. It leads to much wasted time as well as over optimizing any trading system.
In regards to default settings: RSI is 14. AO is a 34 sma and 5 sma. Hope that helps!

I am using EST for my charts. Your question brings up a great point about individual candlesticks and their importance. I’m going to make that a blog post.

Hi Desmond – “Clear” is a relative term. It’s an objective statement in what is mostly a subjective art so keep that in mind during any type of analysis. Bearish view came from the price pattern and multiple time frames. Let me also add that a rally to 1.6666 is still in line with previous rallies (Jan 16-26)in this current down trend. When looking at a possible trend change (time frame context and which your comment implies), I prefer to follow the pattern until the reversal is clear. That all said, the strong momentum and current (as of this writing) basing at top of momentum and under resistance is a bullish sign (I prefer structure based analysis as opposed to a single strong break) Good question…thanks!

Depends on how beyond it is. You would be well served to test out that question over a basket of trades to see if it makes a difference. Purists may say it is not longer valid. Those that understand there is a level of randomness in the market may say it is an approximate level…not an exact one.

I use New York time. Don’t get too hung up on the details such as time. It is the concept that patterns speak to.

Hi Amarjit. Thanks for the words. I just wanted to do something that I wish was available when I started trading. Let me know how things are going.

Hey Sebastiao! It is the right place to be…thanks for noticing. Just kidding. I hope you learn a lot from my website!

Hi Glen. Thanks for the nice words. I think I want to keep this more on the “down low” than anything. Glad you are learning a lot and hopefully making some pips! (all with sound money management principles of course)

Hi Luisa. I’ve added your email to receive the signals every weekend. Thanks for your support!

There are a few variations of the London breakout strategy but if I was to go by the Martinez version….I have no use for it. Place pending orders on each side of the range…. simply coin flipping. Where is the edge? Where is the compression before the breakout giving you a heads up which way the market may be turning and if it does…there’s pressure behind the move.

I will trade breakouts…but there is a reason I will look for one and for a particular direction. This strategy has no bias. It’s not based on market mechanics although it looks to take to take advantage out of a momentum move from consolidation. That DOES have an edge.….but not the bracket order trading style of this strategy. Like I mentioned, it’s a coin flip. I will say it over and over again….price action trading is where most traders should hang their hat.

Hi Shaul! Thanks very much for the great comment! Glad to see you’ve been able to pocket some pips since coming here. At this time there is no online course (who knows what the future will hold) but thanks for the trust. For sure…never stop learning. You can focus on a few simple strategies and then just keep improving on it…more so in consistency and risk control. Keep in touch.

You absolutely can access last week and many prior weeks. For the previous week, scroll to after the updates and you will see numbers 1…2…. Hit #2

My pleasure!

Thanks for taking the time to comment. Hoping you are finding the breakdown of each signal written right on the chart helpful!

That’s great to hear! One of the hardest parts I think when it comes to price action and price patterns is the ability to set aside any bias you may have. A clear and objective look at the the charts can be difficult as we tend to seek out patterns (a human trait) that may not even be there. Keep it up!

Ah yes…but what is it telling us in terms of what occurred? To me, it says it was a test of the lows and when it traded back inside, the bulls did not show up to the party to push price further north. A true test, a true rejection of that price would have seen much more momentum than it showed. Good call!!!

Hi Sipho. Thanks for the comment.

You will see the CADJPY smashed through the first target that I listed on the chart. Hoping you got involved!

One thing as traders that we want to avoid is the word “should”. We can just read the price and structure and form our opinion. We can use the word “should” at certain points in the chart though and I will cover that in a later post.

Some traders will look at the candle with an arrow and think”fakey”. I don’t because of context.

Stand by what you wrote except for the “should” because it’s a pretty good thought!. The buying pressure clearly did not exist and there were clues pointing to that.

Hey Jonie! Thanks for the comment. Hope you are learning something from the course. I think sometimes the charts I post in the signals are almost a lesson themselves. All the best.