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OCTOBER 29, 2007

Weekly forecast for USD/JPY

October 29, 2007 - November 02, 2007

View on USD/JPY: consolidation.

GFSignals team provides a week forecast for USD/JPY

+ 419 pips - this is the trading result our forex signals providers made for the last week. More details at our web-site: Forex Signals Service.

The pair shows some consolidation at the 114-shape area. After touching 113.20 level on Monday USD/JPY currency pair recovered a little until the broken out September triangle - a little bit lower than the 115-shape. And now the pair is ready again for the next decline which may lead towards the August low at 111.60.

Last week our second script was fulfilled (30%): Correction fluctuations in the range of 114.00-116.00, though there was a short term break-out down from the range on Monday. But then the course recovered rapidly and was almost back to the 115-shape again. Thus the pair has classically tested the bottom triangle lines from below and now is ready for the next decline. So in the very close future we expect a downward trend towards the August low at 111.60 and probably lower to the 110-shape area. But first a breakout of the local September-October lows at 112.50-113.20 is necessary for that.


Script 1 (40%): A decline towards 111.50-112.50 area (the target is 110.00).
This script is possible after a breakout of the local September-October lows at 112.50-113.20. And it is quite possible a deeper decline.

Script 2 (30%): Correction fluctuations within the 113.20-115.00 range.
It is also very possible to expect correction fluctuations within the 113.20-115.00 range this week. This script development is possible just like the next course rising.

Script 3 (30%): A rising up to 117.00-119.00 area.
If the pair does not go down we will expect it up. After the next rising upper the triangle lines we expect a movement towards the 118.00 area (October high). Then further rise as well as a new rebound down are both possible.

Resistances

115.00 - the triangle lines.
117.90 - October high.
119.90 - August high.
124.10 - June year 2007 high.

Supports

113.20 - October local support.
112.60 - September low.
111.60 - August year 2007 low.
109.00 - May year 2006 low.

USDJPY Daily chart


OCTOBER 29, 2007

Free Forex Trade Signals from King

Time (GMT)IDCurrencyActionLotsOpenSLTPCloseProfit
2008-02-25 10:42:1924310EUR/USDUpdate Signal1 0.00001.4780  
2008-02-25 10:41:5524311USD/JPYUpdate Signal1 0.00108.15  
2008-02-25 10:41:0023995USD/CADClose Signal1   1.0065+55
2008-02-25 10:10:2024311USD/JPYNew Signal1107.730.00.0  
2008-02-25 10:09:5424310EUR/USDNew Signal11.48120.00.0  
2008-02-25 07:48:4024150GBP/USDClose Signal1   1.9620+10
2008-02-25 07:46:2824150GBP/USDUpdate Signal1 1.96301.9605  
2008-02-25 07:37:4424150GBP/USDUpdate Signal1 0.00001.9605  
2008-02-21 21:35:0224150GBP/USDUpdate Signal1 0.00001.9595  
2008-02-21 18:54:2024150GBP/USDNew Signal11.9630.00.0  
2008-02-21 06:09:0423995USD/CADUpdate Signal1 0.00001.0065  
2008-02-21 05:40:5023995USD/CADNew Signal11.01200.00.0  
2008-02-20 20:37:2923971EUR/USDClose Signal1   1.4708+12
2008-02-20 19:47:5523971EUR/USDNew Signal11.4720.00.0  
2008-02-20 18:58:2223925USD/CHFClose Signal1   1.1010+20
2008-02-20 12:21:5323925USD/CHFNew Signal11.09900.00.0  
2008-02-20 07:36:5223848USD/JPYClose Signal1   107.57+13
2008-02-20 06:18:4923864AUD/USDNew Signal10.91300.00.0  
2008-02-20 06:18:2523725 Error Signal      
2008-02-20 06:18:1423725 mistake on Open price I close it and open it again in corect price so no cheating...
2008-02-19 20:42:2223848USD/JPYNew Signal1107.700.00.0  
2008-02-19 13:06:5823805USD/JPYClose Signal1   107.50+10
2008-02-19 09:52:2223805USD/JPYNew Signal1107.600.00.0  
2008-02-19 09:11:4523600GBP/JPYClose Signal1   210.05+50
2008-02-18 15:25:1023725AUD/USDNew Signal11.91300.00.0  
2008-02-18 15:23:3023692EUR/USDClose Signal1   1.4620+25
2008-02-18 09:19:0523692EUR/USDUpdate Signal1 0.00001.4620  
2008-02-18 09:17:1423692EUR/USDNew Signal11.46450.00.0  
2008-02-15 18:06:0223600GBP/JPYUpdate Signal1 0.00210.05  
2008-02-15 18:03:3323502USD/CHFClose Signal1   1.0925+105
2008-02-15 18:01:5823037USD/CADClose Signal1   1.0045+30
2008-02-15 18:01:5023036USD/CADClose Signal1   1.0050+10
2008-02-15 18:01:3823521USD/CADClose Signal1   1.0080+80
2008-02-15 13:40:2723600GBP/JPYNew Signal1210.550.00.0  
2008-02-14 21:00:4723521USD/CADNew Signal11.00000.00.0  
2008-02-14 19:15:3523502USD/CHFClose Signal1   1.0970+60
2008-02-14 15:33:3123502USD/CHFNew Signal21.10300.00.0  
2008-02-14 10:44:2323036USD/CADUpdate Signal1 0.00001.0050  
2008-02-14 10:42:2822861GBP/USDClose Signal1   1.9670+23
2008-02-11 15:09:1023037USD/CADUpdate Signal1 0.00001.0045  
2008-02-11 13:41:08Finaly some orders got opened and I just came and saw it in my Accounts green pips..GBP/usd sell 1.9530 did not fill in 1 out of my 3 brokers so hope your broker catch it too...still have massive loss hope to cover it soon..
2008-02-11 13:36:2923067 Cancel Order      
2008-02-11 13:35:4023032USD/CHFClose Signal1   1.1010+30
2008-02-11 13:35:1623032 Open Order      
2008-02-11 13:34:0222936GBP/USDClose Signal1   1.9490+40
2008-02-11 13:33:2822936 Open Order      
2008-02-11 13:31:3323033USD/JPYClose Signal1   107.02+10
2008-02-11 13:31:0323033 Open Order      
2008-02-11 13:30:4423034USD/JPYClose Signal1   107.00+25
2008-02-11 13:30:1123034 Open Order      
2008-02-11 13:28:5522934EUR/USDClose Signal1   1.4536+30
2008-02-11 13:28:2722934 Open Order      
2008-02-08 19:24:13all clients send mail to support to get the 1 more week cause of our Loss in open trades..cause base on my rule we must not have any week less than 100 pips....
2008-02-08 18:58:4122933EUR/USDClose Signal1   1.4524+20
2008-02-08 18:58:2522933 Open Order      
2008-02-08 18:57:3623031 Cancel Order      
2008-02-08 16:45:5623036 Open Order      
2008-02-08 16:45:2123037 Open Order      
2008-02-08 11:33:4223067GBP/USDNew Order11.9570.01.953  
2008-02-08 11:23:2922935GBP/USDClose Signal1   1.9473+27
2008-02-08 10:50:3222935GBP/USDUpdate Signal1 1.951.9470  
2008-02-08 10:49:4022935 Open Order      
2008-02-08 10:48:5623036USD/CADUpdate Signal11.00400.00001.0075  
2008-02-08 10:44:5623035 Cancel Order      
2008-02-08 10:44:0523034USD/JPYUpdate Signal1106.750.00107.05  
2008-02-08 05:35:1822936GBP/USDUpdate Signal11.95300.00001.9490  
2008-02-08 05:34:5222935GBP/USDUpdate Signal11.950.00001.9470  
2008-02-08 05:33:3722934EUR/USDUpdate Signal11.45660.00001.4536  
2008-02-08 05:33:0322933EUR/USDUpdate Signal11.45440.00001.4524  
2008-02-08 05:31:0823037USD/CADNew Order11.00150.01.0055  
2008-02-08 05:30:1823036USD/CADNew Order11.00600.01.0085  
2008-02-08 05:28:1223035USD/JPYNew Order1106.750.010705  
2008-02-08 05:28:0923034USD/JPYNew Order1106.750.010705  
2008-02-08 05:27:3423033USD/JPYNew Order1106.920.0107.22  
2008-02-08 05:26:0723032USD/CHFNew Order11.09800.01.1010  
2008-02-08 05:25:1823031USD/CHFUpdate Signal11.100.00001.1020  
2008-02-08 05:23:50USD/CHFNew Order11.09800.01.0110  
2008-02-08 05:23:1623031USD/CHFNew Order11.01000.01.0120  
2008-02-07 09:36:0122900GBP/JPYClose Signal1   208.05-85
2008-02-07 06:27:5722936GBP/USDNew Order11.97600.01.9710  
2008-02-07 06:26:3622935GBP/USDNew Order11.96760.01.9656  
2008-02-07 06:23:4122934EUR/USDNew Order11.47500.01.4710  
2008-02-07 06:22:4022933EUR/USDNew Order11.470.01.4675  
2008-02-07 06:21:0822900GBP/JPYUpdate Signal1 208.050.00  
2008-02-06 14:00:5322900GBP/JPYNew Signal1208.900.00.0  
2008-02-06 05:02:1122861GBP/USDUpdate Signal1 0.00001.9670  
2008-02-06 05:01:4022861GBP/USDNew Signal11.96470.00.0  
2008-02-06 05:01:0122735GBP/JPYClose Signal1   209.30+135
2008-02-05 16:33:0622735GBP/JPYClose Signal1   209.65+100
2008-02-04 15:27:4922735GBP/JPYNew Signal2210.650.00.0  
2008-02-04 08:26:1522678USD/CHFClose Signal1   1.0875+20
2008-02-04 05:48:5422678USD/CHFUpdate Signal1 0.00001.0875  
2008-02-04 05:47:5822678USD/CHFNew Signal11.08950.00.0  
2008-02-01 20:19:45well we are correct about $ strengths but seems we are wrong to choose good pairs but we keep them still think we might a retrace on them both then we close them and look to make good pips for you again...as I don\'t know how Money management you use after these 2 trades I did not add to open position for safety of your fund...thanks
2008-01-31 04:25:25tech recover positions but we were not here to close and also forget to set goos tps..:(..let see how is it going...
2008-01-31 04:23:5222362AUD/USDUpdate Signal1 0.00000.879  
2008-01-31 04:23:2122389NZD/USDUpdate Signal1 0.00000.7710  
2008-01-30 19:19:17well I could set and stop on gbp just 2 min before news and it closed with 0 pips...but we have 2 open position we hope to recover thier loss soon..
2008-01-30 19:15:4622374GBP/USDClose Signal2   1.98520
2008-01-30 19:14:4622374GBP/USDUpdate Signal2 1.98520.0000  
2008-01-30 19:14:1822374GBP/USDUpdate Signal2 0.0000  
2008-01-30 19:13:2322362AUD/USDUpdate Signal1 0.0000  
2008-01-30 16:40:5922366 Cancel Order      
2008-01-30 16:40:3622362AUD/USDUpdate Signal1 0.00000.8850  
2008-01-30 16:39:2322374GBP/USDUpdate Signal2 0.00001.9832  
2008-01-30 16:38:3722389NZD/USDUpdate Signal1 0.00000.7750  
2008-01-29 19:29:0322389NZD/USDNew Signal10.77720.00.0  
2008-01-29 14:57:0622374GBP/USDNew Signal21.98520.00.0  
2008-01-29 13:45:4522366AUD/USDNew Order10.89400.00.8888  
2008-01-29 13:44:4422362AUD/USDUpdate Signal1 0.8820  
2008-01-29 13:03:1022362AUD/USDUpdate Signal1 0.89090.882  
2008-01-29 13:01:0622362AUD/USDNew Signal10.88690.89090.0  
2008-01-29 11:48:0622356USD/JPYClose Signal1   106.800
2008-01-29 11:03:1322356USD/JPYNew Signal1106.800.00.0  
2008-01-29 09:16:1622255 Cancel Order      
2008-01-29 09:14:4522272 Cancel Order      
2008-01-29 09:14:3522300 Cancel Order      
2008-01-29 09:14:1922350 Cancel Order      
2008-01-29 08:41:1322350AUD/USDUpdate Signal10.88600.89100.8810  
2008-01-29 08:39:5522350AUD/USDNew Order10.88600.00.8810  
2008-01-29 05:43:5422333EUR/USDClose Signal1   1.4772+2
2008-01-29 05:42:2222301EUR/USDClose Signal1   1.4773+12
2008-01-29 05:29:3922333EUR/USDNew Signal11.47740.00.0  
2008-01-28 16:28:2422301EUR/USDNew Signal11.47850.01.4755  
2008-01-28 16:26:1222300EUR/USDNew Order11.4820.01.478  
2008-01-28 15:16:06hmm..as I look other broker charts I see our stop must not hit...do not know why the price on both the same why stop got hit..hope your broker did better and now you ride the trade till it\'s TP...
2008-01-28 15:06:3322275 this was a wrong entry there were no 1.0008..also mistake to close at stop I just closed at tp I will ask to remove +100 pips...thx
2008-01-28 15:04:4422275 Error Signal      
2008-01-28 15:04:1822253USD/CADClose Signal1   0.9990+100
2008-01-28 14:58:0122253USD/CADUpdate Signal1 1.00900.9990  
2008-01-28 11:14:3422275USD/CADNew Signal11.000750.00.0  
2008-01-28 11:14:0322274 Error Signal      
2008-01-28 11:13:5622274AUD/CADNew Signal11.00750.00.0  
2008-01-28 10:46:2322253USD/CADUpdate Signal1 0.00001.0043  
2008-01-28 10:22:2022272USD/CADNew Order11.01450.01.0105  
2008-01-28 10:20:1122260 Error Signal      
2008-01-28 07:26:2022260USD/CADNew Signal11.01450.01.0105  
2008-01-28 07:14:5122255USD/CADNew Order11.02200.01.0150  
2008-01-28 07:13:4522253USD/CADUpdate Signal1 0.00000.999  
2008-01-28 07:10:0522253USD/CADNew Signal11.00900.00.0  
2008-01-25 16:18:40Happy Weekend...
2008-01-25 16:17:4922167 Cancel Order      
2008-01-25 16:17:3522164 Cancel Order      
2008-01-25 16:17:2322163 Cancel Order      
2008-01-25 16:17:0422162 Cancel Order      
2008-01-25 16:16:4522161 Cancel Order      
2008-01-25 16:16:1822185GBP/JPYClose Signal1   212.42+58
2008-01-25 15:44:2022185GBP/JPYUpdate Signal1 0.00212.42  
2008-01-25 15:05:0322161EUR/USDUpdate Signal11.46600.00001.468  
2008-01-25 15:02:4922165USD/CHFClose Signal1   1.09650
2008-01-25 14:08:0922107USD/CADClose Signal1   1.0100-15
2008-01-25 11:16:1522159 Cancel Order      
2008-01-25 11:16:0622157 Cancel Order      
2008-01-25 11:14:1122160EUR/USDClose Signal1   1.4718+8
2008-01-25 10:57:5122160EUR/USDUpdate Signal1 0.00001.4720  
2008-01-25 10:55:0322165 Open Order      
2008-01-25 10:48:5322160 Open Order      
2008-01-25 10:47:1822176EUR/USDClose Signal1   1.4712+29
2008-01-25 09:56:2322185GBP/JPYNew Signal1213.00.00.0  
2008-01-25 09:13:1322176EUR/USDUpdate Signal1 0.00001.4712  
2008-01-25 09:10:5122107USD/CADUpdate Signal1 0.00001.0100  
2008-01-25 09:08:0322140USD/CADClose Signal1   1.0076+23
2008-01-25 08:44:4222176EUR/USDNew Signal11.47410.00.0  
2008-01-25 06:42:4922167AUD/USDNew Order10.87700.00.8790  
2008-01-25 06:41:1322165USD/CHFNew Order11.09650.01.0945  
2008-01-25 06:39:1022164GBP/USDNew Order11.96230.01.966  
2008-01-25 06:38:2622163GBP/USDNew Order11.96580.01.9688  
2008-01-25 06:37:3822162GBP/USDNew Order11.96880.01.9713  
2008-01-25 06:35:2622161EUR/USDNew Order11.46880.01.4708  
2008-01-25 06:34:3522160EUR/USDNew Order11.47100.01.4730  
2008-01-25 06:32:4322159USD/CADNew Order11.01580.01.0128  
2008-01-25 06:31:5922157USD/CADNew Order11.01300.01.0110  
2008-01-25 06:15:5922130GBP/USDClose Signal1   1.9740+30
2008-01-25 06:10:5122134EUR/USDClose Signal1   1.4745+10
2008-01-24 21:13:0822134EUR/USDUpdate Signal1 0.00001.4745  
2008-01-24 21:02:4622140USD/CADNew Signal11.00530.01.0093  
2008-01-24 20:58:2022135 Cancel Order      
2008-01-24 20:57:0822130 Open Order      
2008-01-24 18:50:2622135EUR/USDNew Order11.4780.01.4755  
2008-01-24 18:46:4522134EUR/USDNew Signal11.47550.01.4725  
2008-01-24 17:56:4422130GBP/USDUpdate Signal11.9770.00001.974  
2008-01-24 17:51:2422131USD/CADClose Signal1   1.0100+25
2008-01-24 17:14:0022107USD/CADUpdate Signal1 0.00001.0115  
2008-01-24 17:05:4022131USD/CADNew Signal11.00750.01.01  
2008-01-24 17:05:10USD/CADNew Signal11.00750.01.00100  
2008-01-24 17:01:2222130GBP/USDUpdate Signal11.97350.00001.9685  
2008-01-24 16:56:2022130GBP/USDNew Order11.97350.0  
2008-01-24 15:36:4422107 Open Order      
2008-01-24 15:28:31In north finance price reached 114 on Usd/Cad so now we are going in BOC news I take the risk and moved TP too 135 again..
2008-01-24 15:26:4022107USD/CADUpdate Signal11.01150.00001.0135  
2008-01-24 15:14:0822107USD/CADUpdate Signal11.01150.00001.0115  
2008-01-24 11:46:1122107USD/CADNew Order11.01150.01.0130  
2008-01-24 09:49:2422036 Cancel Order      
2008-01-24 09:35:4122087USD/JPYClose Signal1   106.25+15
2008-01-24 09:14:4322088EUR/USDClose Signal1   1.4621-9
2008-01-24 09:05:2722086GBP/JPYClose Signal1   207.40+35
2008-01-24 08:03:4522088EUR/USDNew Signal11.46120.00.0  
2008-01-24 08:02:4022087USD/JPYClose Signal1   106.35+5
2008-01-24 07:59:3522087USD/JPYNew Signal2106.400.00.0  
2008-01-24 07:57:5822086GBP/JPYNew Signal1207.75208.20.0  
2008-01-24 05:50:5722050EUR/USDClose Signal1   1.4615+21
2008-01-23 21:46:4722050EUR/USDUpdate Signal1 1.46000  
2008-01-23 21:46:3522050EUR/USDUpdate Signal1 1.46001.4638  
2008-01-23 21:00:3722050EUR/USDClose Signal1   1.4634+40
2008-01-23 19:59:2522050EUR/USDNew Signal21.45940.00.0  
2008-01-23 17:57:5322038USD/CHFClose Signal1   1.0900+8
2008-01-23 15:30:5122038USD/CHFNew Signal11.08920.00.0  
2008-01-23 14:03:2622036EUR/USDNew Order11.44900.01.4510  
2008-01-23 13:51:1022009EUR/USDClose Signal1   1.4541+100
2008-01-23 11:47:1022009EUR/USDClose Signal1   1.4564+77
2008-01-23 06:12:3922009EUR/USDNew Signal21.46410.00.0  
2008-01-22 20:35:3621921 Cancel Order      
2008-01-22 20:19:2721945 Cancel Order      
2008-01-22 16:14:1021921USD/CADUpdate Signal11.01960.00001.0216  
2008-01-22 16:02:0221945GBP/USDUpdate Signal11.96350.00001.9605  
2008-01-22 15:57:4421920USD/CADClose Signal1   1.0250+15
2008-01-22 15:52:1421920 Open Order      
2008-01-22 14:14:1621917EUR/USDClose Signal1   1.4535+30
2008-01-22 13:59:4221917 Open Order      
2008-01-22 13:59:2621935GBP/USDClose Signal1   1.9540+40
2008-01-22 13:59:0121935 Open Order      
2008-01-22 12:20:4121916EUR/USDClose Signal1   1.4490+30
2008-01-22 12:20:0321916 Open Order      
2008-01-22 12:19:1721919GBP/USDClose Signal1   1.9520+20
2008-01-22 12:15:3521919 Open Order      
2008-01-22 11:07:0421886USD/CHFClose Signal3   1.1035-60
2008-01-22 10:52:4421917EUR/USDUpdate Signal11.45650.00001.4515  
2008-01-22 10:51:5521916EUR/USDUpdate Signal11.45200.00001.449  
2008-01-22 09:24:0921886USD/CHFUpdate Signal3 0.00001.1015  
2008-01-22 09:20:4021921USD/CADUpdate Signal11.02050.00001.0245  
2008-01-22 09:18:0421945GBP/USDNew Order11.96250.01.9575  
2008-01-22 09:16:2821919GBP/USDUpdate Signal11.95400.00001.9520  
2008-01-22 09:15:2521920USD/CADUpdate Signal11.02350.00001.0275  
2008-01-22 09:14:15a fast +25 pip on GBP sell order..also my mistake aud was not 37 it was 40 pip..sorry
2008-01-22 08:46:5321935GBP/USDNew Order11.9580.01.954  
2008-01-22 08:44:2421919GBP/USDUpdate Signal11.95300.00001.95  
2008-01-22 08:43:4621918GBP/USDClose Signal1   1.9450+25
2008-01-22 08:43:0921918 Open Order      
2008-01-22 06:23:3821921USD/CADNew Order11.02200.01.026  
2008-01-22 06:22:2821920USD/CADNew Order11.02750.01.03  
2008-01-22 06:21:2321919GBP/USDNew Order11.950.01.947  
2008-01-22 06:20:3321918GBP/USDNew Order11.94750.01.945  
2008-01-22 06:18:4921917EUR/USDNew Order11.45300.01.4500  
2008-01-22 06:18:0921916EUR/USDNew Order11.45000.01.4475  
2008-01-22 06:06:2721866 Cancel Order      
2008-01-22 06:06:0021865 Cancel Order      
2008-01-22 06:05:4921863 Cancel Order      
2008-01-22 06:05:3321862 Cancel Order      
2008-01-22 06:05:1021864 Cancel Order      
2008-01-22 06:04:3921861 Cancel Order      
2008-01-22 06:04:2721860 Cancel Order      
2008-01-22 06:04:0721859 Cancel Order      
2008-01-22 06:03:5721858 Cancel Order      
2008-01-22 06:03:3321857 Cancel Order      
2008-01-22 06:03:2121856 Cancel Order      
2008-01-22 06:02:2321855 Cancel Order      
2008-01-22 06:00:0821896 I did not notice this orde did hit it\'s set TP at 8620 last night so +37
2008-01-22 05:57:3221854 Cancel Order      
2008-01-22 05:57:0921895AUD/USDClose Signal1   0.86000
2008-01-22 05:56:3221895 Open Order      
2008-01-22 05:56:1121896AUD/USDClose Signal1   0.8600+17
2008-01-22 05:55:4921896 Open Order      
2008-01-21 17:32:1621896AUD/USDNew Order10.85830.00.8623  
2008-01-21 17:31:2721895AUD/USDNew Order10.860.00.8640  
2008-01-21 12:34:4121886USD/CHFNew Signal31.10150.00.0  
2008-01-21 05:38:1121866NZD/USDNew Order10.77400.00.77  
2008-01-21 05:37:3621865NZD/USDNew Order10.76950.00.7665  
2008-01-21 05:36:3721864NZD/USDNew Order10.7680.00.7655  
2008-01-21 05:34:0021863USD/CADNew Order11.01600.01.0190  
2008-01-21 05:33:0621862USD/CADNew Order11.01800.01.02  
2008-01-21 05:31:2021861AUD/USDNew Order10.89250.00.8885  
2008-01-21 05:30:3821860AUD/USDNew Order10.88700.00.8855  
2008-01-21 05:28:1921858USD/JPYUpdate Signal1107.750.00107.50  
2008-01-21 05:28:0321859USD/JPYNew Order1108.050.0107.75  
2008-01-21 05:26:4821858USD/JPYNew Order1108.750.0107.50  
2008-01-21 05:23:4021857EUR/USDNew Order11.460.01.458  
2008-01-21 05:22:5921856EUR/USDNew Order11.4580.01.4560  
2008-01-21 05:20:1421855GBP/USDNew Order11.96250.01.9595  
2008-01-21 05:19:3721854GBP/USDNew Order11.95970.01.9572  
2008-01-18 17:02:3921830GBP/USDClose Signal1   1.9536+15
2008-01-18 17:02:2021828GBP/USDClose Signal1   1.95360
2008-01-18 16:50:5121799 Cancel Order   


OCTOBER 26, 2007

Free Forex Signals Trial

October 29 - November 03, 2007 - one more free trial at our Forex Signals Service.

At the beginning of this week we reported about several new forex trading systems at our service. And now we are glad to inform you that one of them, new but hugely successful Forex signals provider King, offers a free week trial of his trade signals.
For the time being tested at our service (seven weeks) he has shown a high profitability of his trading strategy with +1768 pips profit.
And now you have an opportunity to make profit with him for free. We would just remind you that you will get instant real-time BUY and SELL forex alerts as well as Stop and Profit Limit values. And you may have them received not only to your email but also on your cell phone.


OCTOBER 22, 2007

New forex trading systems at our web site

It is Monday again and we are starting this new week with three more new forex trading systems: King, HolyFx and Wizardry. All these systems are profitable, none of them has had a one losing week for the time being tested. Let's see what their strategies are look like in particular.

King: no one losing week for the time being tested on Global Forex Signals. In his strategy he uses a combination of ways mostly technical but looks at fundamentals closely too.

HolyFx: no one losing trade in his trading report, though one position is left open from the previous week. The strategy is based both on technical and fundamental analysis. The max drawdown expected is 15%.

Wizardry: and again this strategy has had no one losing trade for the time being tested and no one open position for now. An extremely profitable strategy! Of course, we understand that four weeks is a too small period of time to judge about absolute profitability, but nevertheless the numbers point to the fact of it. The strategy is a short term one and is based on technical analysis.


OCTOBER 19, 2007

Meet the highly successful trader

Nikray is a full time, professional trader and has more than 5 years of experience trading Forex. In March 2006 he joined Global Forex Signals web site as a Forex signals provider. He also manages a forex fund and for now he is the best one in a money management service at Global Forex Signals.

It was a real pleasure to get to speak to such a successful trader like Nikray. This is the first installment of that interview.

 

1. How did you first become interested in trading Forex?

When I was studying at school I got interested in trading on stock exchange. But later, when I started studying Forex market it seemed to me more interesting. All this was in 2001. From there I was hooked and traded Forex heavily all through high school, blowing up several accounts before I got into a more consistent money management strategy.

 

2. Which part of technical as well as fundamental analysis does your strategy include?

The fundamental analysis doesn’t take much of my strategy. From time to time I read news concerning to the economic situation in different countries to be aware of the important economic, political, environmental and other relevant factors.

A far bigger role in my strategy belongs to the technical analysis. The main attention I pay for studying charts, their support and resistance lines as well as channels trend lines.

It is in my sole opinion that bid-and-asked quotations at the Forex market are not based on supply-and-demand, but set up by International Conglomerate of major world banks and corporations.

As soon as Dow Jones Telerate is official information medium of this Conglomerate, it is highly important to treat its news in a proper way.

 

3. Which indicators do you prefer to determine the entry/exit points?

I exclude any oscillators and indicators in my trading approach entirely. I place trade using technical analysis and my gut feeling based on the previous trade experience solely.

 

4. Do you prefer long-term strategies or short-term ones?

In general I prefer holding positions for a day to a few weeks.

Thanks Nikray for sharing trading approach with our Global Forex Signals Blog reading audience.


OCTOBER 17, 2007

Trade signals online from FXProdigy

Time (GMT)IDCurrencyActionLotsOpenSLTPCloseProfit
well done every body.my trading is finished now and going to get more pips next coming weeks.i hope u could get some pips fro my signals as it was free for this week.
2007-10-19 16:23:4117967 Cancel Order      
2007-10-19 16:22:1517966 Cancel Order      
2007-10-19 13:18:5517967GBP/USDNew Order32.05322.04072.0542  
2007-10-19 13:15:0217966GBP/USDNew Order12.05322.04070.0  
2007-10-19 10:30:5117959GBP/JPYClose Signal1   236.35+40
2007-10-19 09:43:5317959 Open Order      
2007-10-19 09:14:0317959GBP/JPYNew Order1235.95234.73236.35  
2007-10-19 07:12:2717947GBP/JPYClose Signal1   235.2-20
2007-10-19 07:10:1117947GBP/JPYNew Signal12352360.0  
2007-10-19 07:08:4117920GBP/JPYClose Signal1   235.19+103
2007-10-18 21:53:3217920 Open Order      
2007-10-18 19:04:3117920GBP/JPYNew Order1236.22238.330.0  
2007-10-17 22:05:4217824GBP/USDClose Signal1   2.0408+30
2007-10-17 21:59:2517824GBP/USDUpdate Signal1 2.03150.0000  
2007-10-17 14:27:1417816EUR/JPYClose1165.80164.57166.70165.84+4
2007-10-17 12:26:3417824GBP/USDOpen Order12.03782.0280   
2007-10-17 11:47:3917816EUR/JPYOpen Order1165.80164.57166.70  


OCTOBER 11, 2007

Free Forex Signals

Yes! That's happened again! Free GBP/JPY, EUR/JPY and GBP/USD Forex trading signals by web-based, email and SMS alerts!

We are very glad to inform you that from October 15 till October 20, 2007 our new Forex signals provider FXProdigy with his successful FX system and strategy gives Forex trading signals for free. His total result for the tested time at our service amounts to +3912 pips. You will get instant real-time buy and sell forex signal alerts with exact entry points including Stop and Profit Limit.

Since you can not always be at your computer watching and trading the Forex market 24 hours each day, you will only have to focus on our web-based trading signals or e-mail alerts. And you can receive those Buy/Sell alerts, Stop Loss points and Target levels instantly not only to your email but also on your cell phone! JOIN US as a FREE member and start making money with forex trading.

And of course we will post them here, in this Forex blog.


OCTOBER 10, 2007

Time-tested forex trader

IT IS MORE THAN TWO YEARS now since experienced forex trader Wizard has started to provide his forex trading signals through our service. His experience in trading Forex is more than 10 years in the whole.

His 84 weeks from 108 ones that he has been sending his signals for Forex Signals Service are profitable and his profit for that period amounts to more than +18,000 pips what correspond to more than $180,000 in real Forex.

People often say that his strategy is too risky. Yes, that is. Wizard mostly trades with 6 lots. This is really dangerous. Most experienced traders won't use such a high leverage. In the other hand, high leverage can be good if you learn how to use it in your favor.

His strategy is as much risky as profitable. No risk, no reward. Everybody knows that a Forex trading strategy that allows having guaranteed profits does not exist. And there is no sense to try to win on every trade. It is simply not possible. And his trading strategy is very risky. That's why it is so profitable.

The whole history of Wizard's signals is available at our signals performance page.

Global Forex Signals Service provides different forex trading strategies from different forex traders. Our professional forex traders carefully monitor the Forex market looking for those potentially profitable opportunities and send forex signals via email, SMS to you in real-time with an exact entry points to BUY or SELL. For entry & exit signals, see the list of forex signals providers offering forex trading signals at our site. If you would like a professional forex trader to manage your money for you using a discretionary hands you may use managed forex accounts provided by our Service.

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