Category Archives: Trade Entry Examples

These are examples of how to use our trading system, including The Forex Heatmap® signals, support and resistance, and multiple time frame analysis.

GBP/CHF, EUR/GBP Example Trade Entry

In this article we will show traders an example trade entry for selling the GBP/CHF and buying the EUR/GBP. The live signal system you see below is called  The Forex Heatmap®. As you can see the live heatmap signal system is indicating clear GBP weakness on all 7 pairs.

Due to the EUR and CHF being neutral on this trading day, the GBP weakness alone pushed the GBP/CHF down and the EUR/GBP up. Traders were notified of the movement starting with our mobile app, desktop scanner tool and audible/email price alert systems.

GBP/CHF, EUR/GBP Example Trade Entry

GBP/CHF, EUR/GBP Example Trade Entry

The GBP/CHF dropped and had an intraday movement cycle of about 150 pips. The EUR/GBP moved up about 110 pips intraday. You can easily see the intraday movement of 150 pips on the GBP/CHF below on the M15 time frame using our simple forex trend indicators.

GBP/CHF, EUR/GBP Example Trade Entry

GBP/CHF, EUR/GBP Example Trade Entry

To put both trades into perspective here is a chart of the GBP/CHF on the D1 time frame. Since the GBP/CHF is near the beginning of the new D1 downtrend cycle, it still has an additional 400-500 pips of potential, over and above today’s intraday movement cycle of 150 pips. Similarly, the EUR/GBP is starting a new uptrend in the D1 time frame, and this pair also has  additional upside of 400-500 more pips on the same new D1 trend cycle.

GBP/CHF, EUR/GBP Example Trade Entry

GBP/CHF, EUR/GBP Example Trade Entry

Not only can pips be made on an intraday basis with these simple indicators, but by entering a trade at the beginning of the D1 time frme trend cycle, additional upside is possible, along with a very strong risk to reward profile. Consistent GBP weakness in real time provides the entry point. Multiple time frame analysis allows the trader flexibility on exiting the trade and provides all the information needed to make the decision to stay in the trade. If you would like to trade this way, using the larger trends and currency strength, check out our complete trading system at Forexearlywarning.com. This trading system works the same way for 8 currencies and 28 pairs.

AUD/USD Strong Selloff Signal 9-9-2016

Today in forex trading the AUD/USD had a strong selloff. The sell signal from The Forex Heatmap® is shown below. This pair is approaching support at the 0.7515 area, we would scale out lots or exit any short term sells on this pair as the AUD/USD continues down to this price.

AUD/USD Strong Selloff Signal

AUD/USD Strong Selloff Signal 9-9-2016

AUD/USD Strong Selloff Signal

AUD/USD Strong Selloff 9-9-2016

When the AUD/USD has strong selloff it is always because one currency is weak and the other currency is strong. Today the AUD was weak and the USD was strong. The same thing in reverse can happen when there is a strong up cycle. This is why The Forex Heatmap® is so valuable. It works for short term buy or sell trades like today, but it also works when entering strong up trends.

In the case of trading with the trend, traders can hold onto their position and ride the trend with the strong entries this tools helps to provide. It is part of our overall trend based trading system. Since the AUD/USD is not trending right now, just cycling between support and resistance, we recommend good money management and scaling out lots. Any forex trader can trade profitably using these principles and tools, parallel and inverse analysis and currency strength are vital to the success of your forex trading program.

Forex Trades CHF Weakness 7-26-2016

Today in the main forex trading session the CHF was weak on all pairs. The CHF/JPY dropped substantially and is trending lower on the D1 time frame, it has ongoing pip potential in the current downtrend. The NZD/CHF also moved higher and this pair should start trending up on the H4/D1 time frames. We will look to plan more buys going forward in our trading plans on the NZD/CHF. Other CHF pairs like the AUD/CHF and GBP/CHF moved up pretty strong today on the CHF weakness in the market but these pairs are inside of ranges and were short term buy trades or day trades.  The images below show the live CHF trading signals from The Forex Heatmap® along with the associated price chart movement in the direction of the trends.

Forex Trades CHF Weakness

Forex Trades CHF Weakness 7-26-2016

Forex Trades CHF Weakness 7-26-2016

CHF/JPY Sell Off 7-26-2016

Live Forex Signals GBP and JPY Pairs 7-5-2016

Today in forex trading the GBP (British Pound) was weak on all pairs in the group and this drove very strong price movement. The live trading signals for the GBP and JPY (Japanese Yen) pairs are shown below from The Forex Heatmap®. The GBP/USD and GBP/JPY had very strong sell offs and broke through short term support levels and into their long term trends. The NZD/JPY also sold off on the overall JPY strength in the market today. The GBP/JPY and GBP/USD are in strong downtrends and both pairs are at post-Brexit lows, and the GBP/USD is at a multi year low. We see a lot more sell potential ahead on these pairs. The Forex Heatmap® provides live buy and sell signals for 28 pairs. You can see the signals from the JPY and GBP pairs in the images below along with the nearly 400 pip sell off in the GBP/JPY.

Live Forex Signals GBP and JPY Pairs

Live Forex Signals GBP and JPY Pairs

GBP/JPY Sell Off

GBP/JPY Sell Off 7-5-2016

Forex Trade Signals AUD/CAD 6-15-2016

Today in forex trading the CAD (Canadian Dollar) was weak, the NZD/CAD and AUD/CAD moved strongly higher. The NZD/CAD is trending on the W1 time frame in place, and has additional upside potential. The AUD/CAD had a strong overnight movement and has broken one resistance level on the D1 time frame. Both of these pairs have ongoing upside potential and we will look to continue to write additional trading plans for buys over the next few days. The AUD/CAD has hit a high of 0.9575 in intra day trading, and the NZD/CAD has hit 0.9090. The NZD/CAD has potential up to the 0.9400 area on the W1 time frame trend. The live trading signals you see below are from The Forex Heatmap®, which provides live buy and sell signals for 28 currency pairs. The heatmap give traders guided trade entry points for trending pairs and day trades.

Forex Trade Signals AUD/CAD

Forex Trade Signals AUD/CAD Buy

Forex Trade Signals AUD/CAD Buy

Forex Trade Signals AUD/CAD Buy

NZD/CAD Short Term Buy Signal 5-31-2016

Today in forex trading the NZD/CAD has a strong move to the upside. The live buy signal from The Forex Heatmap® is shown below in the images. The NZD (New Zealand Dollar) was strong on all pairs today, driving a lot of movement in the pairs in this currency group. This pair is ranging on the H4/D1 time frame, and it should continue up to the 0.8900 resistance area. Today’s movements were strong but these pairs are not in strong trends, so we are setting the 0.8900 resistance price target. The signals you see below from the heatmap work for 28 pairs, including 7 major pairs, and also trading signals for 21 exotic pairs like the NZD/CAD.

NZD/CAD Short Term Buy Signal 5-31-2016

NZD/CAD Short Term Buy Signal 5-31-2016

NZD/CAD Short Term Buy Signal 5-31-2016

NZD/CAD Short Term Buy Signal 5-31-2016

GBP/JPY Buy Signal 5-18-2016

Today in forex trading the GBP strength caused strong movements on many pairs. The GBP/JPY had a buy signal on The Forex Heatmap®, along with several other GBP pairs showing great quality trading signals. The British Pound to USD exchange rate also soared today. News from the GBP about the claimant count employment data along with average earnings triggered the strength in the GBP today, and all GBP pairs we follow had technical and price breakouts. Based on today’s news we expect the GBP to continue strengthening. The real time buy signals from The Forex Heatmap®  are shown below along with some of today’s GBP price chart movements. The GBP/JPY should continue higher to the 162.00 resistance area, and the GBP/AUD has significant upside on the larger time frames. The Forex Heatmap® provides live buy and sell signals for 28 currency pairs, it is an easy to read tool for guiding all of your forex trade entries.

GBP/JPY Buy Signal 5-18-2016

GBP/JPY Buy Signal 5-18-2016

GBP/JPY Buy Signal 5-18-2016

GBP/JPY Buy Signal 5-18-2016

 

CAD Pairs Trading Alert 5-4-2016

Today in currency trading the Canadian Dollar (CAD) was weak across all pairs. See the live trading signals and alerts below in the images from The Forex Heatmap®.  The USD/CAD moved higher but we consider this to be a shorter term trade since the overall trend is down on this pair. The EUR/CAD also moved higher. This EUR/CAD is trending up on the D1 time frame and should continue up to the next major resistance area at 1.4950, see the chart movement for this pair below in the images. The Forex Heatmap® provides live trading alerts for 28 currency pairs in eight currency groups, including the CAD pairs.

CAD Pairs Trading Alert 5-4-2016

CAD Pairs Trading Alert 5-4-2016

CAD Pairs Trading Alert 5-4-2016

CAD Pairs Trading Alert 5-4-2016

GBP/JPY Trading Alert 4-22-2016

Today in forex trading the GBP/JPY had a buy alert on The Forex Heatmap®. This pair had very strong movement to the upside. This pair is likely to continue to the next major resistance area at 162.00. Since the overall trend on the MN time frame is still down, we suggest scaling out lots on any profitable buy entries and trading on this pair. Other JPY pairs like the CAD/JPY also broke out and moved much higher today, the CAD/JPY is forming a larger trend on the W1 time frame. The live trading alerts form The Forex Heatmap® are for buying and selling 28 pairs. Below you can see the heatmap live signal showing GBP (British Pound) strength and JPY (Japanese Yen) weakness in the market, creating the strong movement in the GBP/JPY. This is a powerful forex indicator that is part of our profitable trading system.

GBP/JPY Trading Alert 4-22-2016

GBP/JPY Trading Alert 4-22-2016

GBP/JPY Trading Alert 4-22-2016

GBP/JPY Trading Alert 4-22-2016

Forex Alert System GBP/JPY Sell 2-16-2016

Today in the forex market we had a sell alert on the GBP/JPY from The Forex Heatmap®. The Japanese Yen (JPY) was strong on all pairs in the group and all of these pairs dropped. There was also some GBP weakness in the market, so this pushed the GBP/JPY strongly lower. The long term trend on this pair is down, but is still has some near term support levels down to the 160.25 support area before fully breaking out. For this reason traders should scale out some lots on any profitable trade entries, while setting stops to break even. The alert system you see below is The Forex Heatmap®, which provides live visual trading alerts for 28 pairs and eight different currency groups.

Forex Alert System GBP/JPY Sell 2-16-2016

Forex Alert System GBP/JPY Sell 2-16-2016