Free Forex Trading Signals and Setups – Posted Every Week

Jan 06 – 11 – 2019

How did these setups do?

AUDCHF – The rally continued and is up against the zone we would start to look for shorts. No trade.

CADCHF – Rally continued.

EURAUD – Pullback continued.

EURNZD – Tricky play but long time readers know the four hour chart is our go to time frame for support/resistance holding/failing trades. Bounce from support (remember we wanted shorts) and the rally failed. Four hour chart failure test gives us our entry for 255 pips potential. This trade is a great example of getting into a breakout before they happen. This is something I talk about almost every week.

GBPJPY – Pullback simply ranged for the week

NZDCHF – I made an error in posting this chart when I showed we were looking for a short entry. The trend I trade, the weekly for the most part (direction trumps trend – check Joe Dinapoli for that) is up! No trade short.

Welcome back and we are staring off 2019 with some tough trading conditions.  Regardless, 2018 was a fantastic year with the setups that were posted here and many of you have expressed your appreciation.  Here’s to a successful 2019! (and please share this site if you find it of value)

Price spikes always caused a challenge when trading as they are so emotional in nature.  They rarely turn the longer term trend direction and with swing trading, higher time frame trends do matter.  I do like to wait until the effects pass but you will see, the pullbacks are still in effect.  The strong rallies are a concern but again, the spikes in price have tilted price and I will look for weakness in the price action.

READ  Forex Trading Signals Archive

Crypto traders who like to hold positions have not had great trading conditions for weeks, if not months.  I am looking through them every week but the price action is just not conducive for traders who put risk first.

AUDCHF

AUDCHF

 

CADCHF

CADCHF

 

EURAUD

EURAUD

 

EURNZD

EURNZD

 

GBPJPY

GBPJPY

 

NZDCHF

NZDCHF


If looking for the last archived set of setups, click here

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