Forex Signals 18th Jan

Free Forex SignalsI hope you all had a great weekend. As you may have noticed that first trade of the week was taken at 0800 candle, this is a normal occurrence. We would rarely trade at 0400, since one candle doesn’t provide sufficient information to generate signals. Another thing to note is the US holiday, there is no need to worry about it since I usually trade through most holidays and news releases. Did you notice the Forex FAQ page at the top? Let me know if I missed anything.

Order ID: 1 | Pending | $GBPUSD Buy 1.6325 | Stop Loss: -60 Pips | Take Profit: 50-100-150 Pips
Order ID: 2 | Pending | $GBPJPY Buy 148.55 | Stop Loss: -100 Pips | Take Profit: 70-140-210 Pips
Order ID: 3 | Order Cancels Order | $EURJPY Sell 130.10 or Buy 131.00 | Stop Loss: -90 Pips | Take Profit: 50-100-150 Pips
Order ID: 4 | Order Cancels Order | $EURUSD Sell 1.4335 or Buy 1.4390 | Stop Loss: -55 Pips | Take Profit: 40-80-120 Pips
Order ID: 5 | Order Cancels Order | $CADJPY Sell 87.90 or Buy 88.60 | Stop Loss: -70 Pips | Take Profit: 40-80-120 Pips

Update at 1200 Hour Candle:

Order ID: 1 | Update | $GBPUSD Buy 1.6325 | Currently at +15 Pips
Order ID: 2 | Update | $GBPJPY Buy 148.55 | Currently at Break Even
Order ID: 3 | Update| $EURJPY Sell 130.10 or Buy 131.00 | Waiting to get filled
Order ID: 4 | Update| $EURUSD Buy 1.4390 | Currently at -15 Pips
Order ID: 5 | Update| $CADJPY Sell 87.90 or Buy 88.60 | Waiting to get filled

Update at 1600 Hour Candle:

Order ID: 1 | Update | $GBPUSD Buy 1.6325 | First Profit Target Reached at +50 | Move Stop Loss to 1.6295
Order ID: 2 | Update | $GBPJPY Buy 148.55 | Currently at -65 | Move Stop Loss to 147.75
Order ID: 3 | Update| $EURJPY Sell 130.10 or Buy 131.00 | Waiting to get filled
Order ID: 4 | Update| $EURUSD Buy 1.4390 | Currently at -15 Pips
Order ID: 5 | Update| $CADJPY Sell 87.90 or Buy 88.60 | Waiting to get filled

Update at 2000 Hour Candle:

Order ID: 1 | Update | $GBPUSD Buy 1.6325 | First Profit Target Reached at +50 earlier| Currently at +20
Order ID: 2 | Update | $GBPJPY Buy 148.55 | Currently at -35
Order ID: 3 | Update| $EURJPY Sell 130.10 or Buy 131.00 | Waiting to get filled
Order ID: 4 | Update| $EURUSD Buy 1.4390 | Currently at +5 Pips
Order ID: 5 | Update| $CADJPY Sell 87.90 or Buy 88.60 | Waiting to get filled

This post has continued on to next day. Click Forex Signals

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2 Responses to “Forex Signals 18th Jan”

  1. Shahid 19 January 2010 at 12:52 am #

    Hi,
    I think it is a good idea to have pips count on daily basis. Is it possible for you to do that. Even weekly will be good. It will give the overview of the performance in a glance.
    Thanx

  2. FirePips 19 January 2010 at 11:15 am #

    Hi Shahid,

    You are right, it will be better to do the count daily. I’ll get around doing that soon.


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