TRADE Signals

Well, here is a new thread, like if we needed more. But this one i want to make it so that we only post signals. I'm going to ask that comments, conversations, questions, etc., be kept to a bare minimum.
No need to divulge the strategy used, only signals. If you want to include SL and TP points, GOOD, if you want to include a chart, GOOD. But I just want to make this a signal thread.
So welcome guys to the Trade Signals Thread

IF YOU WANT TO SEE MY STYLE OF TRADING GO TO THE FOLLOWING POSTS:
54 THRU 56, 58 THRU 61, 81, 82, 84-86 & THE RECAP ON POST 88. MORE COMMENTS ON POST 705 AND 706

SIGNALS ARE BEING GIVEN IN A TABLE AND HERE IT IS HOW TO READ THAT TABLE. THIS DESCRIPTION STARTS WITH THE NEW TABLE FORMAT ON PAGE 28, POST 558:
The expected direction column is the expected move WHEN the signal is given as shown on the 2nd colum (entry long or short). IF there are NO entries on the expected move and entry, that means that there are no signals. Target column is obvious and the comments area is for comments when a signal is given or if I feel that an area could serve as support or resistance even though there are no signals.
That is it.

I will start with my current position:

2 Lots EURJPY short, average price on both lots 136.22. No stop loss at the moment, but have a target price (TP) of $135.80 - 135.90 on 1 lot and then let the other lot run for a retest of the low 135 or lower. Once the first lot is covered, a stop loss right below my entry price (to lock in some $$) will be placed.
Here is the chart with the EURJPY.

Setups that I'm looking at now for possible trades:

SHORT GBPJPY AROUND 188-190
SHORT USDJPY AROUND 122
SHORT AUDUSD AROUND 7300
BUY EURGBP AROUND 7150-7200
WATCHING GBPUSD FOR MOVE DOWN FROM BELOW 1.56 (IF IT GOES ABOVE THEN THE SHORT IS OFF)
BUY NZD USD AROUND 6320

Why so many around? My style is about areas and expected direction. On the chart above you can see that the area for short on the EURJPY is between 137 and 135. This setup turns very powerful specially if the 2 indicators below turn red. That is what I'm hoping (and I know this is a really bad word to us) will happen and then EURJPY will retest at least the low of 135 and if it breaks it it could go down to retest 133 to 134.
That's it for now.
Richard

I want to mention that tomorrows FOMC announcement should be a major mover, so I'll be waiting for market reaction to make another move. For example NZDUSD is close to my entry target of 6320, but most likely I'll wait until tomorrow afternoon to see what happens.

Skyway, what do you mean by indi/template? Let me know and I'll do it.
Thanks
Richard

I've posted on bagx thread and saw you already opened the signal thread. I just say 1 thing I think that a brief reason for the entry is crucial because a signal alone means nothing, unless the purpose of the thread is let people copy trades blind or show how cool we are in making pips. Not saying to give away whole strategies, but to make a trade meaningful a brief explanation of the signal is needed to have a guidance to follow.

Richard says that it is a signal thread. Signals in and of themselves are not meaningful, just one person's view on a trade. So, I don't think any explanation is needed. The signal is a trading idea. Anyone reading the thread should take it as an idea and go off and do their own research on the idea. I also think that in a signal thread, certain posters will emerge as those who trade ideas are good. Others posting in here with their trade ideas will be shown to be not such good signal generators.

What I do think is super-important is to not only post the trading idea/signal. You got to follow up with the outcome of the trade. Match each post of a signal with the outcome. Without doing that, then we don't know if you are any good at generating signals or not.

Hey, Richard, Not hating or anything but I am kind of surprised that a person such as yourself who joined FF back in 2007 doesn't know what he means by indi/template. But, maybe that concept doesn't exist in TradeStation? I have no idea since I don't use TradeStation. But, thousands of traders on FF are using the MT4 software. "Indi" = indicator. In MT4, and probably every other similar software, there are plugins meant to help the trader to analyze the underlying market such as oscillators, moving averages, etc. In your screenshot from TS, there are at least two indicators below the main chart.

A template in MT4 is just a way of saving the current state of a chart with all its indicators and other chart elements so that it can be restored or applied to a new naked chart window. So, he probably thought you were using MT4 and that you could easily post a file with the settings you have on your chart so that he could load it in his charting software and make his chart look like yours.

My offer to this thread.
http://www.forexfactory.com/showthre...55#post8493955

Mag357, thanks for your post. I will dedicate some time to write about my "strategy" and how I pick the signals. That should explain it without having to type the reason why every time. I will also explain about SL and targets and how i see the forex market.
NADEX, you bring a good point about showing full circle from entry to exit on a trade. This is a new thread, but as it grows it will be harder to keep it up, meaning going back and forth so that its easily accesible. Is there any way that it can be automated or shown easier? Meaning, if like for example, right now I'm short EURJPY at 136.22, 2 lots, and I get out of 1 sometimes this week and then the other next week or whenever, how can I keep an easier to read follow up instead of jumping from post to post to find where it was posted. Let me know as I think that would be great.
Also NADEX, I dont use MT4, I have always used Tradestation, but it makes sense what indi/template means. I will post everything in the following posts. Remember I use RANGE BARS and not minutes.
Thanks
Richard

Multiple sell limit orders on EUR/JPY starting at 137.49 up to 137.82. Stops above 138.02, initial target 137.10. If not reached by London close, pending orders will be closed.

Pending orders cancelled. Price not even close, market seems to be waiting for FOMC.

I doubt if it will get there, another 80 pip rise from now.

Maybe it is me, or maybe it is the FF design, but my thread views do not refresh every time someone writes a new post. I have to manually update the thread by changing pages, or refreshing the page. If this is the actual situation for everyone, then providing signals seems senseless to me. The forum does not appear to be designed for it.

Hey Richard, I think you're correct about pages not refreshing all the time. I noticed this yesterday or the previous day while viewing BagX's thread (such a waste of time as it was). It was like some posts got dropped or re-numbered or something. Manually refreshing again seemed to make everything right, though.
And, thanks for your new thread... you certainly have my attention.

Guys I haven't noticed the "refreshing page" thing, but like I mentioned I can't be in front of the computer most of the day, so really do not know if its happening, why, and how to fix it.
Anyways. EURJPY had the jump up (still in it), will be adding another lot (3rd one) around 137.20. I will try to write tonight or by the weekend how i see the market so you guys have an idea of how i trade.
The recommendation on NZDUSD to go long @ 6320 worked out beautiful as you guys can see. Unfortunately, since I'm not in front of a computer, I missed the long signal.
Thanks DirtySerb for the EURJPY recommedation as well.

Now the we know is business as usual after the no movement by the Fed, I think it will be safe to buy NZDUSD on a drop to 6350 to 6370. In this case I would place a stop loss below 6240 or below 6200 depending on your risk tolerance. And make it wide enough so it doesn't get hit. I hate it when it gets hit, takes me out moves 2 or 3 pips and then goes on the expected direction. More on that later.

This is a really lovely thread, i just wish more people participate here so we can get help while just one request to all or Rck66 since he looks the most active guy in this thread that please do let us know about the results from your provided signals, so we can know about the accuracy.

Fedricks, thanks for the input, I guess I'll provide a snapshot of my broker account activity. If there is any other way please let me know.
Thanks
Richard

Where you looking to exit on the nzd usd trade? Curious.

there should be a rebound that takes it close to 6400. Since the entry was around 6320 or a bit higher, if you are in it, I would lock in some profits.