Friday, January 21, 2011

Live Forex Signals

January 28, 2011 Friday
LONG: USD/JPY
ENTRY PRICE: 82.20
TP 1: 82.50
TP 2: 82.70
TP 3: 83.20
SL: 81.50
All positions are closed at 82.41 because the us news was less than expected. +21 pips on all positions. we will get them next time

January 25, 2011 Tuesday
SHORT: USD/CHF
ENTRY PRICE .9469
TP 1: .9499
TP 2: .9519
SL: .9400

January 21, 2011 Friday
SHORT: GBP/USD
ENTRY PRICE 1.5930
TP 1: 1.5900
TP 2: 1.5880
TP 3: 1.5850
SL: 1.6000
Hihihihihihihihi once again my friends tp 1 and 2 was laready hit. one last running trade you may close it now or put your sls to break even. cheers!

January 20, 2011 Thursday
LONG: USD/CHF
ENTRY PRICE: .9535
TP 1: .9565
TP 2: .9585
SL: .9480
Guys I am happy that we got our take profits well cheeerssss. +30 pips and 50 pips is not bad

Tuesday, August 3, 2010

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Sunday, July 25, 2010

PROFITABLE FOREX SIGNALS

INTRODUCTION:

Let your money work for you and not the other way around. You can earn money by doing nothing but just listening and watching signals from a trusted partner.

My name is Mark Jerome P. Calderon, 24 years old from the Philippines. Also known as mak2141 in etoro, I studied several forex courses with advance forex certification. My goal is to help the newbies in their forex trading. In this blog, I will give you more insights and tips on the best ways of crossing the dangerous waters in the forex market.


Here are some rules that I imply on my forex career:

1. Patience
2. Discipline
3. Timing


Here are the basic information about the currencies

Major Dollar pairs:

EUR/USD
GBP/USD
USD/JPY
USD/CHF

These three were added 2007

USD/CAD
AUD/USD
NZD/USD

Three things that drives them

Technicals 70% Candle stick signals and technical indicators
Fundamentals 20% News and announcements
Market Perception 10% ( Fear or Greed )

Dow Jones Industrial Average
NASDAQ
S&p500

Carry trade pairs:

Brief history: The japanese house wives are the first carry traders. Because Japan has a very low interest rate.

EUR/JPY
USD/JPY
GBP/JPY
AUD/JPY
CAD/JPY
NZD/JPY

All the trading pairs of the japanese yen.

Three things that drives them

Techinicals 20%
Fundamentals 10%
Market Perception 70% ( Fear or greed )

I advice the newbies to stay out of these pairs because of high volatility.


Commodity Pairs

USD/CAD Oil
AUD/USD Gold
NZD/USD Milk

Four things that drive them

Technicals 50%
Fundametals 20%
commodities 10% Oil, Gold, Milk
Market Perception 20% ( Fear or Greed )


It is a brief information on the currency.

Second is the technical indicators that I recommend to use

1. Bollinger Bands
2. Parabolic ( SAR )
3. Relative Strenght Index ( RSI )
4. MACD
5. Stochastics ( SSD )

Third Fundametals

click here


Here is my trading routine.

Technicals 24 Hour Chart
Technicals 1 Hour Chart
Execution

I am looking these candle stick signals on the 24 hour chart to decide where to go. LONG or SHORT
Then I will monitor the 1 hour Chart 6 hours before the news for the right timing
Trade will be executed afterwards.


I will give free signals in this blog a reason will be given on every trades. If anyone is interested to learn how to interpret signals just post a comment.

3 Kinds of Trend

1. Uptrend
2. Downtrend
3. Sideways

Example of an Uptrend

Up trend

Example of a Down trend

down

Example of a Sideways Trend

side

Long = Buy
Short = Sell
Tp = Take Profit
Sl = Stop Loss

HERE ARE THE RISK LEVERAGES:

X5 = 2000 PIPS
X10 = 1000 PIPS
X25 = 400 PIPS
X50 = 200 PIPS
X100 = 100 PIPS
X200 = 50 PIPS
X400 = 25 PIPS


In my own experience is strongly discourage the newbies to use the x400 leverage because it is very risky it can take your money in an instant.