Archive | February, 2010

+1335 Pips This Week

Best Forex SignalsWe are right now sitting at +1335 pips for the week. Don’t know if that is good enough for you but it is surely for me. Yesterday we had EURJPY. EURUSD and CADJPY that reached +300, +240 and +240 pips respectively, along with GBPJPY which got closed out at +285 Pips.

We have caught the big move of the week and from my experience it is less likely that we will see another similar move this week. I would still give out signals as usual but I won’t trade on my personal account. That is purely because of psychological reasons. After a good win we tend to take extra risk and in turn lose the profits only to go back to square one.

Right now I am waiting for market to make bigger pull back before looking at any trades. I’ll keep you posted as we go along.

Update at 5PM EST / 10 PM GMT / 0000 Hour Candle:

Order ID: 7 | Update | $GBPJPY Sell 140.30 | Second Profit Target Reached at +140 Pips Earlier | Currently at +120
Order ID: 8 | Update | $EURJPY Sell 123.65 | Third Profit Target Reached at +150 Pips Earlier
Order ID: 9 | Update | $EURUSD Sell 1.3615 | Third Profit Target Reached at +120
Order ID: 10 | Update | $CADJPY Sell 87.15 | Third Profit Target Reached at +120 Pips Earlier

Update at 9PM EST / 2 AM GMT / 0400 Hour Candle:

Order ID: 7 | Update | $GBPJPY Sell 140.30 | Second Profit Target Reached at +140 Pips Earlier | Move Stop Loss to 139.55
Order ID: 8 | Update | $EURJPY Sell 123.65 | Third Profit Target Reached at +150 Pips Earlier | Total +300 Pips
Order ID: 9 | Update | $EURUSD Sell 1.3615 | Third Profit Target Reached at +120 Earlier | Total +240 Pips
Order ID: 10 | Update | $CADJPY Sell 87.15 | Third Profit Target Reached at +120 Pips Earlier | Total +240 Pips

Update at 1AM EST / 6 AM GMT / 0800 Hour Candle:

Order ID: 7 | Update | $GBPJPY Sell 140.30 | Second Profit Target Reached at +140 Pips Earlier | Rest Closed out at +75 Pips

As you already know the we are sitting at +1335 pips for the week. At this stage I am not trading any new signals on my personal account. Though I promised to keep providing new signals as they come. I was hoping to see a  better pullback on most pairs, instead we see sideways movement. In my opinion EURUSD and GBPUSD has room for move further down but I can’t see any confirmation, hence there are no official signals at this stage.

New visitors please read Forex Signals and Forex Signals FAQ

Forex Signals 23rd Feb

Free Forex SignalsQuite a good day yesterday. We had EURJPY and CADJPY both reached their second Profit Target at +100 and +80 each. GBPJPY first target missed by few pips. If you are using market maker broker with wider spreads then I recommend taking that into account when setting up  Stop Loss and Profit Targets.

Update at 5PM EST / 10 PM GMT / 0000 Hour Candle:

Order ID: 2 | Update | $GBPJPY Sell 141.35 | Move Stop Loss to 141.30
Order ID: 3 | Update | $EURJPY Sell 124.60 | Currently at +70
Order ID: 4 | Update | $EURUSD Sell 1.3620 | Move Stop Loss to 1.3615
Order ID: 5 | Update | $CADJPY Sell 87.95 | Second Profit Target Reached at +80 Earlier| Move Stop Loss to Break Even
Order ID: 6 | Update| $GBPUSD Buy 1.5510 | Currently at -30

Update at 9PM EST / 2 AM GMT / 0400 Hour Candle:

Order ID: 2 | Update | $GBPJPY Sell 141.35 | Closed out at +5
Order ID: 3 | Update | $EURJPY Sell 124.60 | Currently at +75
Order ID: 4 | Update | $EURUSD Sell 1.3620 | Currently at +15
Order ID: 5 | Update | $CADJPY Sell 87.95 | Second Profit Target Reached at +80 Earlier| Currently at +65
Order ID: 6 | Update| $GBPUSD Buy 1.5510 | Currently at -15

Order ID: 7 | Order Cancels Order | $GBPJPY Sell 140.90 or Buy 141.70 | Stop Loss: 80 Pips | Take Profit: 70-140-210 Pips

Update at 1AM EST / 6 AM GMT / 0800 Hour Candle:

Order ID: 3 | Update | $EURJPY Sell 124.60 | Second Profit Target Reached at +100 Earlier| Move Stop Loss to 124.30
Order ID: 4 | Update | $EURUSD Sell 1.3620 | First Profit Target Reached at +40 | Rest Closed out at +5
Order ID: 5 | Update | $CADJPY Sell 87.95 | Second Profit Target Reached at +80 Earlier| Move Stop Loss to 87.55
Order ID: 6 | Update| $GBPUSD Buy 1.5510 | Currently at +15
Order ID: 7 | Update| $GBPJPY Sell 140.90 or Buy 141.70 | No Fill, Cancel Order

Update at 5AM EST / 10 AM GMT / 1200 Hour Candle:

Order ID: 3 | Update | $EURJPY Sell 124.60 | Second Profit Target Reached at +100 Earlier| Rest closed out at +30
Order ID: 5 | Update | $CADJPY Sell 87.95 | Second Profit Target Reached at +80 Earlier| Rest Closed out at +45
Order ID: 6 | Update| $GBPUSD Buy 1.5510 | First Profit Target Reached at +50 | Rest closed at -35

Order ID: 7 | Order Cancels Order | $GBPJPY Sell 140.30 or Buy 141.70 | Stop Loss: 140 Pips | Take Profit: 70-140-210 Pips
Order ID: 8 | Pending | $EURJPY Sell 123.65 | Stop Loss: 95 Pips | Take Profit: 50-100-150 Pips
Order ID: 9 | Order Cancels Order | $EURUSD Sell 1.3615 or Buy 1.3700 | Stop Loss: 85 Pips | Take Profit: 40-80-120 Pips
Order ID: 10 | Pending | $CADJPY Sell 87.15 | Stop Loss: 55 Pips | Take Profit: 40-80-120 Pips

Update at 9AM EST / 2 PM GMT / 1600 Hour Candle:

Order ID: 7 | Update | $GBPJPY Sell 140.30 | Currently at +30
Order ID: 8 | Update | $EURJPY Sell 123.65 | First Profit Target Reached at +50 | Move Stop Loss to -47
Order ID: 9 | Update | $EURUSD Sell 1.3615 | First Profit Target Reached at +40 | Move Stop Loss to -42
Order ID: 10 | Update | $CADJPY Sell 87.15 | First Profit Target Reached at +40 | Move Stop Loss to -27

Update at 1PM EST / 6PM GMT / 2000 Hour Candle:

Order ID: 7 | Update | $GBPJPY Sell 140.30 | Second Profit Target Reached at +140 Pips | Move Stop Loss to Break Even
Order ID: 8 | Update | $EURJPY Sell 123.65 | Third Profit Target Reached at +150 Pips
Order ID: 9 | Update | $EURUSD Sell 1.3615 | Second Profit Target Reached at +80 Pips | Move Stop Loss to Break Even
Order ID: 10 | Update | $CADJPY Sell 87.15 | Third Profit Target Reached at +120 Pips

If you new to our blog then please read Forex Signals and Forex Signals FAQ

1000 Pips GiveAway - Free Expert Advisor

No TIME!! That was always my problem. This EA has been long time coming, glad it is finally here.
-Andy F.

  • 1000 Pips For You To Keep
  • No Strings, No fees, No Hidden Costs
  • Automatic Execution via Trade Copier
  • Available to First 1000 Participants Only!