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

BECOME FRIEND

To become my friend and to talk to me

CLICK HERE

search my name and add me there.

Mark's Tutorials

For those who purchased my tutorials post your email at comments page

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



Example of a Down trend



Example of a Sideways Trend



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.