Forex Intra-Day Signals – 1,2 & 3rd June

Market was quiet in last 24 hours due to holiday in US and UK. We decided not to open any new Intraday or Swing trades, which turned out be a wise decision. Current price action suggest more downside movement on USD and JPY pairs.

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

ID: 1 | Pending | $AUDUSD Sell 0.8370 | Stop Loss : 35 Pips | Take Profit: 20-40-60 Pips | A2

Update at 1 AM EST / 5 AM GMT / 0800 Hour Candle:

ID: 1 | Update | $AUDUSD Sell 0.8370 | Stop Loss : 35 Pips | Missed First Profit Target at +20 by 2 Pips | Currently at -20

Update at 5 AM EST / 9 AM GMT / 1200 Hour Candle:

ID: 1 | Update | $AUDUSD Sell 0.8370 | Closed out at -35 Pips

No new trade right now. Next update when I see some trade worth taking.

2nd June

Update at 5 PM EST / 9 PM GMT / 0000 Hour Candle:

ID: 2 | Pending | $AUDUSD Sell 0.8290 | Stop Loss : 35 Pips | Take Profit: 20-40-60 Pips | A2

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

ID: 2 | Pending | $AUDUSD Sell 0.8290 | Closed out at -35 Pips

No new trade right now. Next update when I see some trade worth taking.

Update at 1 AM EST / 5 AM GMT / 0800 Hour Candle:

ID: 3 | Pending | $GBPUSD Sell 1.4665 | Stop Loss : 50 Pips | Take Profit: 25-50-75 Pips | A1

Update at 5 AM EST / 9 AM GMT / 1200 Hour Candle:

ID: 3 | Pending | $GBPUSD Sell 1.4665 | Closed out at -50 Pips

Update at 9 AM EST / 1 PM GMT / 1600 Hour Candle:

No new Trade right now.

3rd June

Update at 1 AM EST / 5 AM GMT / 0800 Hour Candle:

ID: 4 | Pending | $GBPUSD Buy 1.4705 | Stop Loss: 50 Pips | Take Profit: 20-40-60 Pips | A3

Update at 5 AM EST / 9 AM GMT / 1200 Hour Candle:

ID: 4 | Update | $GBPUSD Buy 1.4705 | First Profit Target Reached at +20 Pips | Rest Closed at Break Even

Update at 9 AM EST / 1 PM GMT / 1600 Hour Candle:

ID: 5 | Pending | $EURJPY Sell 113.20 | Stop Loss : 55 Pips | Take Profit: 30-60-90 Pips | A1

ID: 6 | Pending | $AUDJPY Sell 78.15 | Stop Loss : 45 Pips | Take Profit: 25-50-75 Pips | A1

ID: 7 | Pending | $CADJPY Sell 88.90 | Stop Loss : 45 Pips | Take Profit: 25-50-75 Pips | A1

Update at 1 PM EST / 5 PM GMT / 2000 Hour Candle:

ID: 5 | Update | $EURJPY Sell 113.20 | Third Profit Target Reached at +90 Pips

ID: 6 | Update | $AUDJPY Sell 78.15 | Third Profit Target Reached at +75 Pips

ID: 7 | Update | $CADJPY Sell 88.90 | First Profit Target Reached at +25 Pips | Rest Closed out at Break Even

Update at 5 PM EST / 9 PM GMT / 0000 Hour Candle:

No New trade. Due to NFP due later today, this most probably is my last update for the week.

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16 Responses to “Forex Intra-Day Signals – 1,2 & 3rd June”

  1. @WorldForex 1 June 2010 at 4:21 pm #

    Stop loss for this trade have been reached.

  2. Arnold 1 June 2010 at 8:47 pm #

    The ID: 1 | Update | $AUDUSD Sell 0.8370 | Closed out at -35 Pips i could not enter the trade immidiatelly but i etered after the close out as i think because i i reached the 1st,2nd and 3rd profit terget successfully and i place a single trade same pair which i am presentlly at +58 pips

    • FirePips 1 June 2010 at 9:21 am #

      Lucky you ! It stopped out for me before heading down.

  3. haniff ashburn 1 June 2010 at 10:54 pm #

    hi superstar
    i shorted at 70 and shorted more at 8400, thats was the highest. it never got to 8405 or beyond. i think you have a legitimate case.
    i have squared all positions below 8330 as you specified.

  4. Tony 2 June 2010 at 2:19 am #

    Sorry guys, need to check your numbers here. Shorted at 70 and it reached right up to 8408/9 and hovered around there for a while before dropped down frantically. Was stopped out for sure, no mistakes here. Check right back to when the signal was sent out and the price action from then on and you'll see.

  5. Arnold 2 June 2010 at 7:45 am #

    God bless u firepips

  6. adam 2 June 2010 at 10:51 pm #

    Hi mate, thank you for comeback :) Nice signals so far. ope they stay that way :) Today is kind a slow day again so I won't be trading today but tomorrow we will see some big moves.

  7. Allen 3 June 2010 at 1:20 am #

    Hey, I'm new here. Does this mean there is no profitable trade so far?

  8. Felix 4 June 2010 at 4:30 am #

    Your signals are super… keep up the great work!

  9. DietPipsi 4 June 2010 at 5:39 pm #

    Yes, at the time you wrote this we were 3 for 3 losers. However the next 3 trades were 3 for 3 winners, and we still came out a few pennies ahead on the week. Breakeven weeks are much better than losing weeks! But any legitimate trader will have some drawdowns, that's just the way trading is . . .

  10. Hans 4 June 2010 at 11:22 pm #

    every time whem i am ready there are no signals !!! unbelievable !!
    again more than 200 pips missed today ????

    • Liam 5 June 2010 at 12:15 am #

      The NFP are hard to judge Hans, consider it learning as opposed to pips missed out on.

    • DietPipsi 6 June 2010 at 10:21 am #

      Firepips signals are ALWAYS ALWAYS posted at the exact same times, every four hours, through the entire trading week. You just need to be there for about six minutes once every four hours to check them, and input the trades if any. If there are not any, then you save 4 of those 6 minutes.

      I agree it can be frustrating if you have made plans to hurry home to your computer, just to find that there is no trade call for that candle. But you need to be available at the beginning of each 4-hour candle, or you will miss trades. That's just the way this method works. Many cell phones now have features you can use to check for the trade calls right on your phone, and many brokers have software you can run on your phone to launch trades.

      Also, don't forget you can always place them the old-fashioned way — you can CALL your broker. I am not aware of ANY broker that you cannot call them and have them place your trades. FP never calls a trade to be opened immediately at market prices; his are ALWAYS called in advance, to enter whenever price reaches a specific point. Which makes them particularly well fitted for calling them in to your broker. I personally have gotten a tweet with the trade signal while sitting in a restaurant, written the pair and the numbers down on a placemat, and called my broker and put in the trades.

      Hopefully helpful – -

  11. Tony Adams 7 June 2010 at 5:17 pm #

    Two trades this morning and two losses. 85 pips down.

  12. peter 7 June 2010 at 11:55 pm #

    its greatful and thanks for the news..

    Robert

  13. CFD trading 9 October 2010 at 8:29 pm #

    Your signals are awesome, keep it up.


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