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FOREX Market Reversal Levels

  • #201
  • Jan 18, 2011 1:12pm Jan 18, 2011 1:12pm
Get the FREE for January FMRL numbers HERE (http://www.nysco.co.uk/aj78pz144dgf098bnme23gak-17JAN2011-21JAN2011.html).


EURUSD

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GBPUSD - SAFE 60 pips

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EURJPY - SAFE 130 pips

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USDJPY

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USDCHF - SAFE 160 pips

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USDCAD - SAFE 70 pips

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AUDUSD - SAFE 60 pips

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  • #202
  • Jan 19, 2011 12:46pm Jan 19, 2011 12:46pm
You can get FMRL numbers FREE for January 2011 HERE (http://www.nysco.co.uk/aj78pz144dgf098bnme23gak-17JAN2011-21JAN2011.html).

How are you getting on with our FMRL numbers?


EURUSD - SAFE 150 pips

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GBPUSD

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EURJPY

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USDJPY - SAFE 50 pips

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USDCHF - SAFE 80 pips

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USDCAD - SAFE 30 pips

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AUDUSD - SAFE 60 pips

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  • #203
  • Jan 19, 2011 1:21pm Jan 19, 2011 1:21pm
Andrew, Thanks, for the clarification of sub cost in $'s. I guess we will pay less then as the Euro sinks. But that would be very bad for all, as the $ would soon follow. imo


ut2
  • #204
  • Jan 19, 2011 1:39pm Jan 19, 2011 1:39pm
Quoting ut2DaMax
Andrew, Thanks, for the clarification of sub cost in $'s. I guess we will pay less then as the Euro sinks. But that would be very bad for all, as the $ would soon follow. imo


ut2
If people cant afford to spend £20, $20 or E20 a month for some very good reversal levels then they shouldnt be trading forex.

Everyone wants something for nothing on this site.
  • #205
  • Jan 20, 2011 4:00am Jan 20, 2011 4:00am
Quoting scooby-doo
If people cant afford to spend £20, $20 or E20 a month for some very good reversal levels then they shouldnt be trading forex.

Everyone wants something for nothing on this site.
Hi scooby-doo,

We are honoured by your visit.

Thank you for appreciating our levels.

We completely agree with your sentiment.

FMRL is only useful to traders who know how to use it.

Andrew
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  • #206
  • Jan 20, 2011 1:01pm Jan 20, 2011 1:01pm
EURUSD

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GBPUSD - SAFE 170 pips

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EURJPY

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USDJPY - SAFE 190 pips

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USDCHF - SAFE 140 pips

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USDCAD - SAFE 60 pips

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AUDUSD - SAFE 110 pips

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  • #207
  • Jan 20, 2011 5:50pm Jan 20, 2011 5:50pm
Andrew, to say that your levels are very impressive is an understatement. A couple questions if you don't mind:

1. What time do you put out the levels every day? Please give either EST or GMT.

2. Do you have some data now which would show when the best time of day to trade is? Or is it just when price is leaving one level?

Thank you.
  • #208
  • Jan 20, 2011 6:27pm Jan 20, 2011 6:27pm
Quoting Dreamliner
Andrew, to say that your levels are very impressive is an understatement. A couple questions if you don't mind:

1. What time do you put out the levels every day? Please give either EST or GMT.

2. Do you have some data now which would show when the best time of day to trade is? Or is it just when price is leaving one level?

Thank you.
Hi Dreamliner,

Thanks for your kind words.

We publish our FMRL numbers a month and a week in advance.

Monthly numbers within the first 90 minutes of the first day of the month.

Weekly numbers within 90 minutes of the week's market open.

Currently that means by 23:30 GMT on Sunday.

We do not currently publish daily numbers.

Our levels are not a system.

Our only trading observations are in post #11.

We expect experienced traders to know how to use FMRL.

Sadly, novice traders will lose money whatever they use.

We advise them not to buy FMRL.

We urge them to only trade demo accounts until they understand PA.

Experts' contributions to our thread are very welcome if they help novices.

And nice words about our levels are encouraging to us.

Thank you again Dreamliner.

Andrew
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  • #209
  • Jan 20, 2011 9:27pm Jan 20, 2011 9:27pm
hi andrew the levels are doing the business added a few of own levels which are working well for exits and entry targets, my s/l is never more than 20 next month could you add gb/yen the bigger the atr the better for me.simple no fuss trading i like it,i will email you my %roi i dont want to put it on here
student
  • #210
  • Jan 21, 2011 2:47am Jan 21, 2011 2:47am
Quoting garrye
hi andrew the levels are doing the business added a few of own levels which are working well for exits and entry targets, my s/l is never more than 20 next month could you add gb/yen the bigger the atr the better for me.simple no fuss trading i like it,i will email you my %roi i dont want to put it on here
Hi garrye,

Thanks for your post.

Delighted FMRL is working for you.

GBPJPY numbers will be added starting next week.

Thanks for the offer but don't send me your profitability numbers.

It's enough for us to know that FMRL is increasing your profitability.

Andrew
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  • #211
  • Jan 21, 2011 3:37am Jan 21, 2011 3:37am
Quoting garrye
hi andrew the levels are doing the business added a few of own levels which are working well for exits and entry targets, my s/l is never more than 20 next month could you add gb/yen the bigger the atr the better for me.simple no fuss trading i like it,i will email you my %roi i dont want to put it on here

Can you please post a picture and describe little how you trade them ?

best regards
  • #212
  • Jan 21, 2011 12:33pm Jan 21, 2011 12:33pm
EURUSD

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GBPUSD - SAFE 160 pips

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EURJPY

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USDJPY - SAFE 50 pips

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USDCHF - SAFE 90 pips

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USDCAD - SAFE 60 pips

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AUDUSD - SAFE 60 pips

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  • #213
  • Jan 21, 2011 1:02pm Jan 21, 2011 1:02pm
By request, next week we are adding ...

THE BEAST

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GBPJPY

  • #214
  • Jan 21, 2011 1:10pm Jan 21, 2011 1:10pm
Andrew, because these numbers are only "weekly", when you say "safe 120 pips" (or similar) you are saying that, using the numbers provided last Sunday, on today's date, trading between the numbers would have netted the pips. Is this correct?
  • #215
  • Jan 21, 2011 1:31pm Jan 21, 2011 1:31pm
Quoting Dreamliner
Andrew, because these numbers are only "weekly", when you say "safe 120 pips" (or similar) you are saying that, using the numbers provided last Sunday, on today's date, trading between the numbers would have netted the pips. Is this correct?
Hi Dreamliner,

Yes.

We issue Monthly and Weekly numbers once a month and once a week.

We believe that our SAFE numbers are conservative.

As an example here is the SAFE trade for UY today.

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Hope that answers your question well enough.

Otherwise let me know.

Bests,

Andrew
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  • #216
  • Jan 21, 2011 1:38pm Jan 21, 2011 1:38pm
That is clear now then.

Alright, since I now understand better, and since these numbers are obviously so accurate, and since so many of us are wondering how to actually trade them, here is what I am going to do (I know that this upcoming week is the last week of the free trial):

I am going to take the numbers you provide this coming Sunday, plot them on all charts as horizontal lines, and simply trade between them. In other words, when the price breaches one of your lines from the top I will enter the trade short, and when price breaches one of your lines from the bottom I will enter long. I will be setting stop losses on the other side of the line, and my take profit will be the next line. I will show exact entry and exit numbers, as well as post charts here.

The only thing I'm confused about is whether to use the monthly or weekly numbers. I assume that the lines are some kind of support resistance? Any help on this?

I hope my actual trades (demo) will be helpful to you guys and to the community.

Quoting Andrewkin
Hi Dreamliner,

Yes.

We issue Monthly and Weekly numbers once a month and once a week.

We believe that our SAFE numbers are conservative.

As an example here is the SAFE trade for UY today.

Attachment

Hope that answers your question well enough.

Otherwise let me know.

Bests,

Andrew
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  • #217
  • Jan 21, 2011 1:59pm Jan 21, 2011 1:59pm
his most recent example he posted shows entering trade at the monthly, and exiting at the weekly
  • #218
  • Jan 21, 2011 2:09pm Jan 21, 2011 2:09pm
If you cant afford Andrew's subscription service (i cant think why) then you can try the following.

Sell at resistence being Previous_Monthly_High + Previous_Weekly_High + Previous_Daily_High / 3 and Stoch(7,3,3) > 80 and Stoch(14,3,5) > 80

Buy at support being Previous_Monthly_Low + Previous_Weekly_Low + Previous_Daily_Low / 3 and Stoch(7,3,3) < 20 and Stoch(14,3,5) < 20

Scoobs.
  • #219
  • Jan 21, 2011 2:19pm Jan 21, 2011 2:19pm
Are there only monthly and weekly numbers? I don't see any daily numbers. If there are, can anyone direct me to them.

Thanks,
Joe
  • #220
  • Jan 21, 2011 2:24pm Jan 21, 2011 2:24pm
He states quite often through this thread that there are no daily numbers.

Quoting joekurr
Are there only monthly and weekly numbers? I don't see any daily numbers. If there are, can anyone direct me to them.

Thanks,
Joe
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