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- Every forex signals contains
- Symbol :EUR USD / GBP USD
- Entry point:To sell by market/buy by market
- All signals type order is(Market Execution)Execute immediately at the best available price
- Tp = Take profit = 70 pips
- Sl = Stop loss = 40 pips as maximum
- Example
- EUR USD
- BUY @ 1.1330
- TP @ 1.1400
- SL @ 1.1290
- Risk –reward on single signal
- Expected reward(profit)twice the expected loss
- Expected profit from one signal( 70 pips) more than Expected loss (40 pips)
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- Forex signals article from here
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- USD JPY
- sell @ 111.40
- tp @ 110.70
- sl @ 111.80
- best free forex trading signals today Description
- USD JPY is preferred to sell on FX market as long as USD JPY trades below the resistance level 111.80
- as a stop loss and exit from the deal targeting the 110.70 level to take profit
- Free forex trading signals analysis
- Trend
- USD JPY moves in down trend in medium term and in very near term USD JPY formed uptrend wave
- Trend lines
- USD JPY break out down trend line and start sideway trading
- Chart pattern today for USD JPY best forex trading signals
- USD JPY finished down ZIGZAG, Measured move pattern and formed current uptrend wave which we expect to end near 111.60 and resume down trend
- FIBO RETARACMENT AND EXPANSION
- the current bullish wave RETARACMENT 50 % of down trend
- Important Support and resistance level today
- 111.50 represents resistance level on medium and long term
- The Relative Strength Index (RSI)
- USD JPY also give early sell trading signal when the indicator decline from level 70 on 4 hour frame
- Candlestick pattern
- bearish engulfing pattern appear on USD JPY price chart on 4 hour frame and one hour chart
- Next wave
- expectations from best forex signals refer to bearish next wave
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