Daily Forex Signals Updated Daily

[sadscorpion 10]

Sell EURUSD @1.4090

sET SL@ 1.4130

TP @ 1.4010

 

************************************

SELL GBPUSD @1.6240

sET SL@ 1.6280

TP @ 1.6190

 

************************************

More signals will be posted soon so stay tune :embarassed:

 

 

 

******************************************

GOOD LUCK AND TRADE AT YOUR OWN RISK.

thanks

******************************************

[Tams 20]

why are you starting another thread?

you already have one here:

http://www.traderslaboratory.com/forums/swing-trading-position-trading/10480-my-daily-trades-eurusd.html

 

maybe starting a new thread will erase the past bad performances?

[sadscorpion 10]

nope i as i said yesterday i will start a new thread for all signals. and before i was thinking to start one seperate thread for every pair but know i start one common thread where i can post all pairs signals :embarassed:

yesteryear signal was not hit its entry and i already mention in the signal that if not hit before UK session close than cancel the trade.

[sadscorpion 10]

Good morning,

hi traders today my both trades hit SL but

still i am thinking to sell again both pairs.

EURUSD has shown acceleration to the downside yesterday, and probably this move will continue. Theoretically, market has no reasons to show any retracement, but if it will, we can use it to enter short again i will post the entry when i see any clear entry point.

 

GBPUSD pair broke through the upper part of it’s price channel at 1.6250, where also the 100-day smoothed moving average lies. Next level of resistance is 02.05 high at 1.6720. In the opposite direction the MA remains an important support level, followed by 1.5820 and 50% Fibonacci correction of the rise from 1.4320 to 1.6745 at 1.5500.

 

 

Please see the attached charts below...

 

 

Total trades=2

Total Negative Pips=76

Total Positive Pips=0

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK.

thanks

************************* *****************

August-06-2011.bmp

EU.bmp

GU.bmp

[sadscorpion 10]

EUR/USD

 

On Friday Euro/Dollar increased significantly with almost 250 pips on continuing US debt woes. The European currency appreciated from 1.4053 to 1.4298 on Friday, matching the positive Interbank sentiment projection at almost +1%, closing the week at 1.4282. This morning the European currency strengthened further on S&P US Downgrade, climbing up to 1.4438. On the 1 hour chart range trading has formed, while on the 3 hour chart trading has moved into a wide range. Break above the nearest resistance and today’s top at 1.4438 may trigger further strengthening of the Euro. Going bellow Friday’s bottom and first support at 1.4053, however, would confirm continuation of the bearish trend, towards next objective downwards 1.3940. There are no major economic events for EU today. Quotes are moving above the crossed 20 and 50 EMA on the 1 hour chart, indicating bullish pressure. The value of the RSI indicator is positive and calm, MACD is positive and quiet too, while CCI has crossed up the 100 line on the 1 hour chart, giving overall long signals.

 

Trend: Upward

Buy at 1.4303 SL 1.4273 TP 1.4353

 

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK.

thanks

************************* *****************

[sadscorpion 10]

From Friday Pound/Dollar increased significantly with 170 pips, in line with the morning positive Interbank sentiment at nearly +4%. The Cable appreciated from 1.6227 to 1.6398 on Friday, closing the week at 1.6376. Today the British Pound rose further, climbing up to 1.6483. On the 1 hour chart range trading is emerging, while on the 3 hour chart trading is within wider range. First resistance is today’s peak at 1.6483. Break above it should extend the bullish movement further towards 1.6600. The nearest support level is Friday’s bottom at 1.6227. Going bellow it should extend British Pound’s reduction further down towards next downward objective 1.6100. There are no major economic events for UK today. Quotes are moving above the crossed 20 and 50 EMA on the 1 hour chart, indicating bullish pressure. The value of the RSI indicator is positive and inclining upwards, MACD is positive and tranquil, while CCI has crossed up the 100 line on the 1 hour chart, giving overall long signals.

 

 

Trend: Upward

Buy at 1.6430 SL 1.6400 TP 1.6480

 

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK.

thanks

******************************************

[sadscorpion 10]

The Japanese Yen is the third Mastertraded currency in the Forex market.This is

my first signal on USD JPY Cross on this forum.

Overall all indicators are showing strong sell after the false breakout

at key resistance of 79.60. All moving averages and other technical indicators

are also showing strong sell.All indicators are overall giving short signals.

The record low of 76.21 still provide a strong Psychological support at this phase and the false breakout of 79.60 can give another downside attempt 76.21 level. and near this price

is our tp.

 

signal:-

Trend= Downward

Entry Sell @ 77.55 SL @78.30 TP@ 76.50

 

Please see the attached chart below.....

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK.

thanks

************************* **************

[sadscorpion 10]

EURUSD:- All sentiment are saying bearish after EURO-zone crisis.From monday eurusd cross after high of 300 pips is decreased significantly 320 pips on euro-zone crisis.

 

A resistance is seen around the 1.4250 area. A clear break above this area could show further upside pull back to testing 1.4300-1.4350 area. On the downside another movement

back below 1.4150 would open the door for another downside attempt testing the lower line of the tringle and 1.4050 support area. You can see the attached chart for further support and resistance levels.

Price at this movement is moving just above the crossed 20 and 50 EMA on the 1 hour chart, with low bullish pressure. All the indicators are showing negative and calm giving overall strong sell signals. we will enter short at good price level.

 

 

 

 

signal:-

Trend= Downward

Entry Sell @ 1.4300 - 1.4350 area

SL @ 1.4380

TP@ 1.4200

 

Please see the attached chart below.....

 

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK.

thanks

************************* *****************

[sadscorpion 10]

Hi all traders :embarassed:

 

Our last day both trades hit tp..

our usdjpy made 105pips and our eurusd made 100 pips last day.

total of 129 pips in 4 trades that hit our entry price.

I am changing some signal setup in all future trades that we will take. From now i will post the signal in two parts the sl will be the constant for all trades and tp will be the changed after half move of price in our tp to break-even.

e.g: like usdjpy signal we have constant tp and sl.

Entry Sell @ 77.55 SL @78.30 TP@ 76.50

but from now i will post tp in two parts like tp1 and tp2 and after hiting tp 1 you will set sl

on break-even.

thanks

 

Total trades=4

Total Negative Pips= -76

Total Positive Pips=(105+100)205

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK.

thanks

************************* *****************

[sadscorpion 10]

hi all

from yesturday usd/jpy continue its down move of more than

120 pips and we have made 105 pips from it on our last trade.

As the overall all indicators are showing light short signal with litle overbought

condition.

We scalp from this postion to get some pips with tight sl and tp.

pair has dropped down to 76.40 at this time the immediate support of of the pair

and is consistent break bellow it could strengthen the yen further down and next target of

the pair world be 75.70.

 

signal:-

Trend= Downward

Entry buy @ 76.30

SL @ 76.00

TP@ 76.70

 

Please see the attached chart below.....

 

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

******************************************

[sadscorpion 10]

EURUSD pair is showing very strong down trend after yesturday bullish momentum and top of 1.4396 and close at the price 1.4353. support line of 1.4250 is broken and now it moves to next support area. We are again looking for short as our primarily trade in this strong short trend.

 

signal:-

Trend= Downward

Entry sell @ current price 1.4170

SL @ 1.4210

TP1 @ 1.4145 TP2 @ 1.4110

 

Please see the attached chart below.....

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK.thanks

******************************************

[sadscorpion 10]

Hi all

Our EURUSD trade after hitting tp1 closed at the break-even position. As our new signal

method after reaching tp1 we move our sl to break-even.

Our USDJPY entry still not trigger and we will continue our this trade for whole day.

 

 

Trades history

Total trades=5

Total Negative Pips= -76

Total Positive Pips=(105+100+0)205

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************

[sadscorpion 10]

Hi all

Our USDJPY entry still not trigger Since two days and today is market is near to close so i cancel the trade and start trades from Monday.

Our total trades in this weak that hit the entry quote was total 5 trades.

Two trades hit our sl and give -76pips.One trade closed at the break-even price after reaching our tp1 (not bad) and our two trades hit our tp and give total of 205 pips.

Overall we are 129pips in positive in this weak end and with no trade open. Enjoy weakened and from Monday we will together hunt the pips again.

 

Trades history

Total trades=5

Total Negative Pips= -76

Total Positive Pips=(105+100+0)205

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************

[sadscorpion 10]

Hi all traders

happy piping

In this stage when eurusd pair has 3 top of sloping trend line.We

will look long if sustained break to enter to see 1.4450 - 1.4500 for 100 pips.

AS with the same long position on the downward sloping trendline to go long from that

if we dont see any sustain break of this downtrend line in 4H TF.

signal:-

My position at this price is below.

Trend= Upward

Entry Buy @ 1.4285

SL @ 1.4225

TP1 @ 1.4350 TP2 @ 1.4450

 

First trade of the weak

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************

[sadscorpion 10]

Hi

The GBPUSD cross show some downtrend in last weak, low at 1.6110 but close high at

1.6190.today as start in asian session it shows some bullish move and

testing its 1.6470 key resistance area.In down side move the trend may be change if the sustained break

1.6190 trend back to last weak bearish move.

 

 

signal:-

Trend= UPward

Entry Buy @ 1.6300

SL @ 1.6225

TP1 @ 1.6350 TP2 @ 1.6450

 

2nd trade of the weak

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************

[sadscorpion 10]

Hi traders

Happy piping

Today we start with two trades on EURUSD and GBPUSD.

Our Eurusd trade hit our tp and give us 165pips today and GBPUSD

is 85 pips in postive and already hit our tp1 so we are moving its

Sl to tp1 to save 50 pips and now it is 35 pips positive from our tp1.

 

 

Trades history for this weak....

Total trades=2

Total Negative Pips=0

Total Positive Pips=(165+50)215 pips

 

 

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. Thanks

************************* *****************

[sadscorpion 10]

Yesterday we were long on the eurusd cross and it give us 165 pips after broken through

the sloping down trendline with pretty much no resistance and make a very long candle

on the slope. Price now is near the 1.4500 and we see a shooting star candle bouncing

from the new downtrend line at 1.4475.

For today we are looking for short from here with litle pips in risk.

 

 

Entry Sell @ 1.4425

SL @ 1.4475

TP1 @ 1.4400 TP2 @ 1.4350

 

3rd trade of the weak

Note :-Our gbpusd trade is still open with sl at 50 pips postive.

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************

Edited August 16, 2011 by sadscorpion

[plantman 10]

Awesome...Keep up the good work

[pachenko 10]

hi sadscorpion u remember me? u didnt tell me this is where u have moved the group to

well am here now hope i havent missed too much

all the best guys

[sadscorpion 10]

Hi all traders

Thanks plantman and pachenko for your kind post

Our GBPUSD trade closed with 50 pips postive and our EURUSD trade closed

at the breakeven after few pips away from our tp2. As we change sl when our trade reach our tp1

and our sl was at breakeven.

Total trades =3

Total Negative Pips=0

Total Positive Pips=(165+50+0)215 pips

 

 

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************

[sadscorpion 10]

Hi Traders

Yesterday we were short on EURUSD cross but it hit our tp1 and before our tp2 it

bounce 5 pips from our tp2 and closed at the breakeven postion.

Today EURUSD cross failed rather continue its bullish momentum rather down momentum.

Cross unable to make a breakout above the triangle and formed a double top formation

as you see on 1H chart.The overall bias is neutral in nearest term.

Pair has a support area at he 1.4300-1.4270 and has immediate resistance is around the

1.4420 and 1.4475.

Overall we are looking for a good price to enter a long.

 

Entry BUY @ 1.4360

SL @ 1.4300

TP1 @ 1.4400 TP2 @ 1.4450

 

 

4th trade of the weak

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************

[sadscorpion 10]

Hi Traders

USDJPY cross dont show any decided bias for trade on yesterday.

For today we have expected range to trade from 76.00 -77.00.

The major scenario in my views is strongly to the downside.

 

Entry Sell @ 76.60

SL @ 77.00

TP1 @76.30 TP2 @ 76.00

 

5th trade of the weak

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************

[sadscorpion 10]

Hi traders

Our Intraday signal and analysis for today on EURUSD Cross...

Pair had a bearish momentum yesterday, low at 1.4270 after the false breakout above

the triangle that we share in our last signal chart.The overall bias is bearish in nearest

term.

 

 

Entry Sell @ 1.4370

SL @ 1.4420

TP1 @ 1.4300 TP2 @ 1.4200

 

 

6th trade of the weak

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************

[sadscorpion 10]

Hi traders

Today is friday and our two trades were open but unfortunaty our EURUSD

trade hit our sl and give 50pips negative and our other trade USDJPY just hit the

tp1 so we change its sl to break even now.

 

 

Total trades =6

Total Negative Pips=-50

Total Positive Pips=(165+50+0)215 pips

Overall trades in two weak=11

Total pips in two weak=205+165= 370 pips

 

******************************************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

******************************************

[sadscorpion 10]

Our last trade of USDJPY closed now and give us +60pips

RESULT UPDATED

 

Total trades =6

Total Negative Pips= -50

Total Positive Pips=(165+50+0+60)275 pips

Overall trades in two weak=11

Total pips in two weak=275+165= 440 pips

 

************************* *****************

GOOD LUCK AND TRADE AT YOUR OWN RISK. thanks

************************* *****************