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.