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Forex Trading Signals Archive

#2: GBPAUD SELL SETUP

  • are you able to see the bearish harami pattern?
  • breakout of the low of the inside bar may see price falling

GBPAUD forex trading signal 050916

 

#3: GBPCAD SELL TRADE SETUP

  • can you see the bearish harami?
  • breakout of the low of the inside bar may see price falling.

GBPCAD forex trading signal 050916

 

#4: GBPCHF SELL TRADE SETUP

  • notice the inside bar?
  • breakout of the low of that inside bar may see price falling.

forex trading signals GBPCHF 050916

#5: AUDNZD BUY TRADE SETUP

  • watch that major support level for a bounce up

audnzd forex trading signal 050916

#6: NZDUSD SELL TRADE SETUP

  • watch that upper channel trendline for bearish reversal candlestick pattern to go short.

forex trading signal nzdusd 050916

 

#7: EURJPY SELL TRADE SETUP

  • watch to see if price heads up and touches the falling trendline and sell if you see a bearish reversal candlestick pattern.

EURJPY forex trading signal 050916

 

#8: GBPAUD SELL SETUP

  • notice the bullish harrami pattern?
  • if the low of the inside bar breaks, expect price to fall.

Forex Signal GBPAUD 050916

That’s it for the week. Don’t forget to share, tweet etc.

Forex Trading Signals For 29th Aug-2nd Of Sept

#1: USDJPY SELL SETUP

  • trendline setup on the daily chart.
  • if trendline breaks, use trending breakout strategy for (2) situation.

forex trading signal usdjpy 290816

 

#2: USDCHF SELL SETUP

  • trendline setup on the daily chart.
  • if trendline breaks, use trending breakout strategy for  situation (2) & (3) to buy.

forex trading signal usdchf 290816

#3: USDCAD SELL SETUP

  • trendline setup on the daily chart.
  • if trendline breaks, use trending breakout strategy for  situation (2) to buy

forex signal usdcad 290816

#4: EURUSD BUY SETUP

  • trendline setup on the daily chart.
  • if trendline breaks, use trending breakout strategy for  situation (2) to sell.

forex signal eurusd 290816

#5: EURAUD SELL SETUP

  • trendline setup on the daily chart.
  • if trendline breaks, use trending breakout strategy for  situation (2) to buy

forex signal euraud 290816

#6: NZDCAD SELL SETUP

  • trendline setup on the weekly  chart.
  • switch to daily, 4hr or 1hr for trade entry using multiple timeframe trading
  • if trendline breaks, use trending breakout strategy for  situation (2) and (3) to buy

forex trading signal nzdcad 290816

#7: AUDNZD BUY SETUP

  • support level  setup on the daily chart.
  • if support level  breaks, look to sell.

forex trading signal audnzd 290816

#8: GBPCHF SELL SETUP

  • trendline setup.
  • look to buy if trendline is broken

GBPCHF forex trading signal 290816

#9: GBPAUD SELL SETUP

  • trendline setup.
  • look to buy if trendline is broken

GBPAUD forex signal 290816

#10: GBPCAD SELL SETUP

  • trendline setup.
  • look to buy if trendline is broken

forex signal gbpcad 290816

#11: CADJPY SELL SETUP

  • trendline setup.
  • look to buy if trendline is broken

forex signal CADJPY 290816

#12: XAUUSD BUY SETUP

  • trendline setup.
  • look to buy at (1) and if that is broken, look at support level at (2) to buy.
  • look to sell  if trendline is broken at (2) and support level is broken at (3).

trading signal xauusd 290816

That’s it for the week. Please share, tweet, mention these free price action forex trading signals to other traders who may be interested.

Forex Trading Signals For 22nd -26th August 2016

#1: EURAUD Potential Sell Trade Setup

  • note the resistance levels shown below on the daily timeframe.
  • price is now near it.
  • look for bearish reversal candlesticks in the daily, 4hr or 1hr timeframe to sell.
  • if that resistance levels fails, next thing to watch will be the falling trendline

forex trading signal EURAUD 210816

#2: USDJPY BUY TRADE SETUP

  • note the obvious support level on the daily chart?
  • price is just close it to it now.
  • look for bullish reversal candlesticks in the daily, 4hr or 1hr to buy.


forex trading signal USDJPY

#3: NZDUSD SELL TRADE SETUP 4hr TF

  • note that this setup is happening on the 4hr timeframe
  • if price goes up and touches that falling trendline, look for bearish reversal candlesticks to go short in the 4hr TF or 1 hr timeframe.

forex trading signal NZDUSD

 

#4: XAUUSD BUY TRADE SETUP 4HR TF

  • GOLD is still finding support from that rising trendline as shown in the 4hr timeframe.
  • watch to see if price goes down again and touches that trendline.
  • if that happens, bullish reversal candlesticks in the 4hr or 1hr timeframe should be your buy signal.

forex trading signal 210816

#5: USDCHF SELL TRADE SETUP 4HR TF

  • watch to see if price comes up and hits the previously broken support levels.
  • then look for bearish reversal candlestick patterns to sell if that happens.

forex trading signal usdchf 210816

Forex Trading Signals 15-19th August

  • There are 7 forex trading signals to watch this week.
  • all explanations written on the charts.
  • use multiple timeframe trading technique if you want early trade entries.
  • use pending buy stop or sell stop orders.
  • take profit levels have been suggested for you or use risk:reward of 1:3
  • stop loss placement  suggestion:whatever the reversal candlestick “signal” that resulted in your pending order being activated, place your stop loss a few pips above the high/low of the signal candle. Spreads must be considered when placing these stop loss. Or if there is a nearby swing high/low where you can place your stop loss, then use that.
  • this method can also help you: patterns in a pattern (advanced multiple timeframe trading techniques)

#1: EURUSD Trading Signal (Sell Setup)

 

forex trading signals EURUSD 150816 #2: USDCHF Trading Signal (Buy Setup)

 

forex trading signals USDCHF 150816

#3: USDCAD Trading Signal (Buy Setup)

 

forex trading signals USDCAD 150816

#4: NZDUSD Trading Signal (Buy Setup)

 

forex trading signals nzdusd 150816

#5: GBPCAD Trading Signal (Buy Setup)

 

forex trading signals gbpcad 150816

#6: GBPCHF Trading Signal (Buy Setup)

 

Forex Trading Signals GBPCHF 150816

#7: GBPUSD Trading Signal (Buy Setup)

forex trading signals gbpusd 150816

 

 

 

 Forex Signals For 8-12th August

  • There are 7 price action trading setups for you. Click “Next” button below to check them out.

But first, lets check out the forex trading signals performance for 1st-5th August. How Did price respond? Lets See…

Forex Trading Signal Performance Reviews 1-5th July

There were 9 price action trading setups given. Of these:

  • 5 trade setup did not happen and these setups are still valid and can be watched this week.
  • the 4 other setups happened but 3 of these trade setups happened as anticipated and price responded well but later the price changed direction and if you traded these setups, you’d most likely walk way with little profit if you moved your trailing stop quickly to lock in some profits but if you were looking for bigger profits above 50 pips, you’d most likely suffer loses.
  • only one trade setup was perfect…a bullish harami formed on the trendline and price shot up by 177 pips.

Full details of each of these trade setups are given below.

#1: SELL TRADE SETUP NZDCAD REVIEW

  • setup yet to happen.
  • something to watch next week.

#2: EURJPY BUY TRADE SETUP REVIEW

  • price responded as anticipated but the upward moves was not sustained.
  • price moved up from the trendline by at least 50 pips before falling back down and intersecting the trendline.
  • if you traded the 1hr or the 4hr chart and applied trailing stop, you cold have made some profits of that 50 pips move

forex trading signal performance EURJPY

#3: CADJPY BUY TRADE SETUP REVIEW

  • price responded as anticipated but the moves was not sustained.
  • If you were watching in the 1hr or 4hr, there were buy signals you could have taken on this trade setup.
  • but the move was not sustained, price moved up 30 pips and then fell back intersecting the trendline and heading down.

forex trading signal performance cadjpy

#4: AUDUSD SELL TRADE SETUP REVIEW

  • trade setup is yet to happen.
  • something to watch next week

#5: NZDUSD SELL TRADE SETUP REVIEW

  • setup is  still valid and yet to form
  • something to watch next week

#6: AUDNZD BUY TRADE SETUP REVIEW

  • price responded as anticipated but the move was not sustained but some time later, price changed direction and shot up.
  • as you can see below, price  hit the support level identified but went below it by at least 70 pips before turning back and shooting up by 150 pips.
  • if you were watching the daily chart, and traded the breakout of the high of the doji candlestick, you would have made money on this setup.
  • trading in the 1hr or 4hr would have turned into a loss if you were looking for a lot more profit than the 30 pips move.

forex trading signal performance audnzd

#7:  EURUSD sell Trade Setup REVIEW

  • setup did not happen and it is still a valid setup to watch next week.
  • something to watch next week

#8: USDCAD BUY TRADE SETUP REVIEW

  • a really good trade setup…trade setup happened on the first trendline I mentioned.
  • if you were watching on the daily, you would not get a good buy signal
  • but if you were watching in the 4hr timeframe, you’d get a good buy signal, a bullish harami and you would have made money on this setup.

forex trading signal performance usdcad

 

#9: USDCHF BUY TRADE SETUP REVIEW

  • trade setup did not happen and is still valid
  • something to watch next week

7 Forex Trading Signals / Trade Setups To Watch For 8-12th August

There are 7 trade setups to watch this week. The charts are self explanatory. Any confusion, leave your questions in the comment section so that I can reply.

#1: AUDUSD FOREX SIGNAL

  • price is still travelling inside the two trendlines shown below.
  • As a matter of fact, this is a symmetrical triangle chart pattern setup that is happening so anticipate a breakout or if a breakout does not happen, price may obey those two trendlines for a while until the breakout happens.

forex trading signal audusd 080816

#2: CADJPY FOREX SIGNAL (BUY SETUP)

  • notice below that there is an obvious support level.
  • if price reaches that, expect a bounce up if you see bullish reversal candlestick patterns form.

forex trading signal cadjpy 080816

#3: EURAUD FOREX SIGNAL (BUY SETUP)

  • notice the support level below?
  • if price hits it, watch to see if you see any bullish reversal candlesticks patterns from there and that should be your trigger to buy.

forex trading signal euraud 080816

#4: EURUSD SIGNAL

  • this is symmetrical triangle chart pattern forming here.
  • sooner or later, price will breakout of this pattern and if it does, you can use the trendline breakout forex trading strategy to trade it.
  • but if it is still going to obey the trendlines, use the trendline trading strategy.

forex trading signal EURUSD 080816

#5: NZDCAD FOREX SIGNAL (SELL SETUP)

  • setups like these have the potential to move 1000 pips plus.
  • the chart below is based on the weekly chart but I suggest waiting in the daily, 4hr or 1 hr timeframe to look for bearish reversal candlestick signals to sell if price reaches wither the trendline or if that trendline fails, the major resistance level.

 

forex trading signal nzdcad

#6: USDCAD FOREX SIGNAL

  • if price goes up and hits that upper trendline, watch for bearish reversal candlestick patterns to go short (sell).

forex trading signal USDCAD 080816

#7: XAUUSD SIGNAL (BUY SETUP)

  • this is a 4hr chart of XAUUSD and as you can see price has responded to the trendline and fromed a doji cross, a good reversal signal.
  • if the high of the doji is broken, expect price to move up.

XAUUSD trade setup 080816

Ok, traders, that’s it for this week. Wish you many pips! Don’t forget to share, like, tweet or tweet these free forex trading signals to your friends and fans.

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74 thoughts on “Forex Trading Signals Archive”

  1. Hi Rkay,
    Thank you for your weekly signal. Do you see there is a Head and Shoulders pattern in NZDUSD Daily Chart? Do you think it could be a breakout of the neckline of Head and Shoulders instead of reversal of the channel?

    1. Hi Peter,
      good pickup there…Yes. the neckline has already been broken and looks like it is retesting it. May have to switch to sell mode if you see a bearish sign there.
      Also with the talk on increasing interest rate in US next month, expect more more downward move on this one.

      Regards

      RKay

  2. Hi RKay,

    Saya sayang beruntung bisa menemukan Web mu, karena bisa belajar lebih jauh lagi soal TrendLine dan Price Action. Website mu sangat edukatif dalam dunia Forex, smoga web ini slalu jaya.

  3. Hi RKay, are you using the same signals in your live accounts? You have demonstrated several strategies in your articles, are you using the same strategies in your live trading? Thank you for creating this site. It is helping me a lot.

    1. Hi Richard,

      (1)yes, whatever signals I post, I watch them to trade as well.
      There will be occasions where I tend to miss trading signals because of my day job or I may be asleep when setups form and I would miss trading them and that kind of sucks. But hey! That is something traders like me that have day jobs and trade on the side have to put up with I guess.

      (2) the strategies I use most are mentioned on the “forex signals page” in the beginning of it. As you can tell, there are hundreds of strategies on this site so traders can find what they like and test them out see what fits their personality and stick with them or not. Its entirely up to each one.

      Regards

      RKay

  4. Hi Peter,

    If you are having difficulty to upload images, shoot me an email at rkay[at]forextradingstrategies4u.com and attach the image with your questions/comments and I’ll upload them on my end and answer etc…

    Regards

    RKay

  5. On this week signals, i saw GBPUSD as a side channel not an asymmetric triangle… and it turned to be truth!. I saw i at the beginning of the week when i saw your signal but didn’t comment. If there are these situations where 2 or more patterns are possible, i try to take both in mind, but obviously with so many pairs to analyze you can miss something.
    I love your posts, great work, and thank you for being so cool!.
    If i can help with some observation next time i will comment earlier and do not wait until the end of the week jajajaja.
    Have a nice sunday!.

    1. You have an excellent and a very valid point there Sebastian about “where 2 or more patterns are possible, i try to take both in mind.”

      Believe me, You see this happening every time.

      For example, A trendline trading setup is also a trendline breakout trading setup.
      How?
      If trendline setup does not work because the trendline is broken then switch to using the trendline breakout setup.

      LOOK AT ALL THE POSSIBLE SETUPS THAT CAN BE THERE…SO IF ONE FAILS OR DOES NOT HAPPEN, LOOK AT THE NEXT ALTERNATIVE.

      That’s how I trade.

      Regards

      RKay

  6. Like Isabelle said your blog is tremendously valuable and honest which is a rare thing in this industry especially from the education point of view.

    What I want to ask is how can I train my EYES to trading setups regularly viewing past and current price action ?

    Peace and blessings.

    1. Hi Sadio,

      there are no well defined rules but for my case, this is how it happened:
      (1) spend more time in front of charts studying the past data. I spent thousands of hours looking at past price action, studying them and seeing how price moved in the past because of support or resistance levels, or trendlines or channels etc. The more I looked at what happened in the past, the more I can see what is happening in the present and see the price patterns unfold and as a result ANTICIPATE what the likely outcome of a trading setup is going to be.
      (2) at its core, price action is about support and resistance levels, which are swing highs, swing lows. All price patterns are built around support and resistance concept: sysmmetrical triangle, double top, double bottom, wolfe wave etc…
      (3) to speed up your process, regularly follow my forex trading signals and try to understand the process involved there.

      Cheers

      RKay

  7. Hi RKay,

    Your blog is a treasure chest of knowledge. Simple and very easily understood. You could turn your blog into a book. Your blog sure beats a lot of books in the market. Keep up the good work.

    Loyal follower.

    Isabelle

    1. Hi Isabelle,
      Glad to have a lady trader on board! Awesome!
      Too much work for a book though…but with blog like this, I have the freedom to write about anything trading related that I’m interested about without any “RIGID” structure in place like in a book.

      Cheers

      RKay

      1. I have to agree with Isabelle this blog is not only valuable but honest which is a rare thing in this industry especially from the educational point of view.

        What i want to ask is how can I train my EYES to spot trading setups regularly I’ve read your article on patterns within a pattern and Find it tremendous.

        Peace and blessings.

  8. Hi Rkay,

    Is it ok to ignore the Brexitcandle when drawing a trendline? As you did in the GBPCAD setup e.g.?
    Your trendline does make sense. The brexit candle is such a rare candle that maybe it’s best to ignore it.
    or not?
    Thanx for your helpful site

    1. Hi Peter,

      how have you been doing?

      Yes, you can ignore the “brexit candle”. As you’ve noticed, this is NOT A NORMAL TRENDLINE SETUP because the trendline cuts through the brexit candle.
      Now, I’ve traded these kinds of setups before and these setups do work and they do not occur frequently, pretty rare or once in a while they do form.
      The secret is to watch for the formation of reversal candlesticks when price touches that trendline and used pending buy stop/sell stop orders to place under the high/low of that “SIGNAL REVERSAL CANDLESTICK” and if the high/low is broken on the next candle that form, then chances are the setups is going to work out.

      But having said that, sometimes, they may not work out. But the biggest factor to watch is reversal candlesticks.

      RKay

  9. Well hello there Rkay hope you are having an amazing day I’m justing vibing and enjoying some time as I type this. Taking back some of your feedback and criticism on confluence I’ve decided to analyze and identify some good setups and take some of things you’ve told me in consideration !! Here it is:

    Confluence of Trend line + Fib level and bearish Harami.
    Pair: EUR/USD
    Time Frame: Daily
    Falling trend line with Three connects . Swing high point can be identified at 1.6125 and last connect at around 1.3543
    Fibonacci swing point High = 1.16134
    Fibonacci swing point Low = either 1.09521 or 1.09103
    Bearish Harami can be found at 0.618 fib level which intersects with the falling trend line.

    So far so good I’m in a profitable situation. Thank you so much and Feedback would be greatly appreciated. One love.

      1. Hello Rkay, I apologize for my mistake I was too exited for the feedback lol. What i was supposed to type was 4hr time frame. The levels i;ve mentioned are for the 4HR Time frame.

        Feedback would be greatly appreciated and once again I apologize.

        1. Hi Johnn,
          I don’t even see any setups based on trendlines even in the 4hr TF.
          Price is way off from any trendlines, even in the 4hr TF.
          Maybe you are drawing your trendlines wrong or looking at things a bit differently but i just dont see any setup at all that makes sense in the 4hr timeframe.

  10. First and Foremost i would like to say THANK You! You are one of the very few people in forex i know that provide excellent training, support and encouragement to your amateur traders (lol we all start from somewhere. ) I have gained further knowledge but most importantly confidence which I believe is the most important aspect in trading.

    Im here analayzing USDJPY and I’ve noticed a head and shoulders pattern formed at a support line. With mutiple time frame analysis (something Im currently trying to master ) what time frame would you recommend to get better and quicker profit ?

    Once again, thank you I really appreciate everything !

    1. Hello Mohamed,

      with multiple timeframe trading, the main thing is about finding “which timeframe gives the buy/sell signal”. That’s why you switch betwn different timeframes to look for that.

      Why is that?

      Well for example: if you were watching a setup in a daily timeframe, you will miss the buy/sell signal in the 4hr because the daily timeframe is large and it COVERS that signal.

      Or the opposite can happen: there won’t be any buy/sell signals on the 1hr/4hr timeframe etc but you notice a buy sell signal on the daily.

      So really, it is not really about what is the best timeframe, it is about what timeframe gives the buy/sell signal.

      1. Thanks Rkay for your website. I’ve noticed a bearish harami form on the daily EURUSD CHART with a confluence of a downward trend line.

        Also As feedback, I’ve drawn a fib retracemtent level from 1.16150 as swing high and swing low at 1.09521 which is where a bullish hararmi was also found !!! Is that correct procedure in drawing fib levels.

        Thanks feedback would be greatly appreciated.

  11. Hallo RRay,

    Can you please tell me how you draw those yellow arrows on your charts? is it some special software?
    Im looking for a tool like that and it’s probably not in MT4 is it?

  12. I impressed with the quality of information provided here. Your approach to explain Forex strategies is quite simple and instructive for every cadre of traders.
    Good work RKay

  13. RKay

    I received your update on the AUDUSD
    First I would like to commend you on the SUPERB website and on the quality of the material
    In addition to pure price action I use Murrey Math lines (MML) for knowing significant pivot areas as well as future price direction (see attached image)
    It looks to me that the AUDUSD will try to test the 0.78125 price level
    Regards,
    Nathan

    1. Hi Nathan,

      there’s a previous swing high price level 0.7834 which may provide resistance if those two trendlines fail.
      That is something to watch as well.

      Thanks for your comment.

      Cheers

      RKay

    1. Hi Dennis,
      I don’t know what you are seeing but price has a fair bit of move to go before it touches that rising trendline drawn in the 4hr timeframe.
      Any bullish signals generated before that happens is IRRELEVANT in the context of this setup.

      Cheers

      RKay

  14. I use the same approach to find setups as you do Rkay, mostly trendlines, horizontal and patterns. Its funny how you sometimes draw lines and then Im like hey why didnt I see that one, haha. Your analysis is a great addition to my own. Tnx for posting your charts, keep it up 😉

  15. G’day RKay,

    Absolutely fantastic site, congratulations.

    After spending two years in search of the “Holy Grail” indicator, researching, studying and the like (believe you me, I did the hard yards), mate, your teachings have brought me back to basics, and re-opened my eyes…………Price Action, S/R, Trendlines (which I initially disregarded, as I was convinced the magic indicator was out there)……….just like the way it was done by eye and hand prior to computers.

    Fortunately I have been round the block, so this time round (especially with your solid explanations and guidance) it is a lot easier for me too grasp and understand completely.

    Thank you for your relentless, unselfish willingness to help all aspiring traders out there, may you forever stay blessed.

    BKay

  16. USDCHF July 24

    RK On the USDCHF H4 it is forming a triple top
    How does that corroborate with the Bullish Harami on the D1?

    mY QUESTION IS WHEN U HAVE CONFLICTING DATA WHAT DO U NORMALLY DO?

    1. Hi Natig,
      short answer to what I normally do, whichever level/line etc price hits first and display bullish/bearish reversal signal etc, take the trade based on that.
      sometimes, you may have suffer one or two loses before eventually market goes as expected.

      Cheers

      RKay

  17. Hi sir, do you also do a review of what happened of your posted signals from previous week? It would really help if you give a review of what happened. Waiting for this wk’s signals. Thanks a lot. More power!

    1. Hi Richard,
      I kind of stopped doing that-giving a review of last weeks signals because I’m assuming that every trader who is keen on following the free forex signals/setups/alerts should do it themselves because its not that I don’t want to do it, its because you’ve got to take the time invest in yourself to study that prediction and what the outcome of the signals were.
      It is a really simple process:
      (1) what initial trade setup/signal was…that would be charts I’d give with trendlines, support resistance etc that I give on the weekend.
      (2) the end result: has price responded as anticipated or not?

      All you need to do is pull up the recent chart and compare WHAT WAS THEN (my signals/setups) and WHAT IS NOW (did price responded as predicted? any reversal candlestick clues? how many pips did price move etc…)

      That’s how I learnt price action trading…

      Cheers

  18. I’m 100% price action trader, I do not trade based on fundamentals. The only thing is before I place a trade I make sure I check forexfactory calendar to make sure that I’m not entering a trade at a time when a major news is just about to be announced.

  19. Hi sir, I just landed on your site and really is informative and best thing its free! I really admire people who share their key knowledge without expecting anything in return. I will apply your weekly signals into my account until I am able to analyze the signals on my own. Hope you can continue to update w/o fail as long as it takes. Thank you a lot for this. Got some few questions. 1)Since you are looking in a large timeframe, you are considered as a swing trader, right? 2)How do you set your lot size for every trade?

    1. Keep reading and increasing your knowledge and SPEND A LOT OF TIME LOOKING AT CHARTS, that’s the only way you begin to understand price action.

      Price action is not the holy grail. It has it strengths and weakness. The key to trading price action is finding areas/levels/zone on your chart where the chance of a trade is going right is high.

      And once you’ve identified that setup/level/zone/ etc, then look for the trigger…the trigger is often a single reversal candlestick or a combination of two or three candlesticks, for example, the bullish harami pattern.

      Many pips to you.

    1. Hi Thulisile, I do not provide such nor do I have any intention of doing that. You can learn most of the forex trading stuff here free and really there’s nothing new.
      If you are interested in price action trading, the price action trading course is in here for free and on top of that, there’s the price action forex signals so what you learn in the price action trading course is applied in real time on the price action forex signals.
      Just take your time to learn and study and see how price behaves etc.

  20. Thank you Rkay, I will wait for this newly formed candle to see if it closes above or below the upward trendline, but on the M15 chart it shows that it will go down.

  21. YES if you have drawn a trendline as shown in the attachment below. You can see that the bounce UP from the trendline has already happened.
    If you were watching this setup in in the 15 minute timeframe using the multi timeframe trading technique, there was a really good buy signal

    Note also that the length of the 4hr candlestick is too long already so if you were to place a buy stop on the breakout of the high, your stop loss distance would be huge.
    I’d wait to see if price falls down a bit again toward the trendline and if a bullish candlestick forms, that would present a good buying opportunity. Swith to a much lower timeframe to do that, maybe 1 hr or 30 mins or even 15 mins.

    If however price breaks that upward trendline and CLOSED below it, look to go short(sell).

  22. Hello Traders and FTS4U fans,
    (1)12 new forex trading signals for the week 30th may -3rd June posted.
    (2) also updated the results of what happened this week 23rd-27th May 2016…only 2 setups formed, AUDNZD and GBPJPY. Audnzd moved 110 pips and GBPJPY moved 180 pips.

    Check them out.

    Don’t forget to share, tweet, like or link.
    Thanks

  23. Today is Friday (27th May) and its is one of the crazy days to trade from my experience (http://forextradingstrategies4u.com/best-days-of-the-week-to-trade-forex/) and if any of you have taken advantage of my forex trading signals for this week (24-27th forex trading signals) you should be now enjoying some really good profits on GBPJPY and AUDNZD trading setups that I mentioned.

    Are you going to take some profits off the table and leave some running, or move stop loss and lock in some profits and leave the trade running through the weekend or are you going to take all the profits off?
    Your choice!

    1. Hello RKay, your website is very informative. I am still new in trading and I am learning day by day. If it is possible can you share some of your trading signals.

      1. Hi Thulisile,
        thanks mate for visiting forextradingstrategies4u.com.

        Here’s one thing I’ve failed to notify you the traders about how the forex signals I send out work, so here it is:

        (1)I tend to send out weekly forex signals on a Saturday or Sunday (before the forex market opens on monday) you need to bookmark the forex signals page http://forextradingstrategies4u.com/forex-trading-signals/
        (2) At the worst case scenario, I will provide the free forex signals for the week just a few hours before the fx market opens on monday.
        (3) so keep checking that forex signals page and you’d be updated.
        (4) I know I should build an email list to notify all you traders when these free forex signals are released on the weekend but honestly speaking, SOMETIMES I JUST TO DAMN LAZY to do that.

        Cheers

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