Category Archives: Forex Trade Entry Examples

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

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 Chart

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 D1

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.

Today in forex trading the AUD/USD had a sell signal and this pair had a selloff. The sell signal from The Forex Heatmap® is shown below. This pair is approaching support at the 0.6960 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 Sell Signal

When the AUD/USD has strong sell signal it is always because one currency is weak and the other currency is strong. Today the AUD was mostly weak and the USD has a small amount of strength on the heatmap. 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 trends going up or down on the larger time frames, like the H4 and larger. The heatmap is probably the most effective tool that forex traders can have access to.

AUD/USD Sell Signal Chart

In the case of trading with the trend, traders can hold onto their position and continue to profit by riding the trend. but on this particular trade we would exit as it approaches the strong upport level, so this would be more of an intraday trade or daytrade. Since the AUD/USD is not trending right now, just cycling between support and resistance, we recommend good  risk 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.

Today in the main forex trading session the CHF was weak on all pairs. The CAD and USD has a small amount of strength, so the USD/CHF and CAD/CHF had the strongest movements. The USD CHF is trending up on the D1 time frame, this pair has ongoing pip potential in the current uptrend cycle. Other CHF pairs like the CAD/CHF had nice movement today based on the CHF weakness in the market but this pair are inside of ranges and were short term buy trades or day trades.

The images below show the live CHF weakness trading signals from The Forex Heatmap® forex heatmap along with the associated price chart movement in the direction of the trends. Strong movements can occur with consistent signals in the main forex session and this is the best time to trade the forex.

CHF Weakness

CHF Weakness Chart USD/CHF

Today in forex trading the GBP (British Pound) was weak on across most pairs in the group and this drove strong price movement. The live trading signals for the GBP and JPY (Japanese Yen) pairs are shown below from The Forex Heatmap®. The GBP/JPY had strong sell off 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 is in strong downtrends on the larger time frames like the W1.  This pair is 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® forex heatmap provides live buy and sell signals for 28 currency pairs. You can see the signals from the JPY and GBP pairs in the images below along with the nearly 125 pip sell off in the GBP/JPY. Forexearlywarning is a top notch forex trading signals provider that traders look to for increasing their pip totals across 8 different currencies.

Live Forex Signals GBP and JPY Pairs

Live Forex Signals GBP/JPY Chart

Today in forex trading the CAD (Canadian Dollar) was weak, the NZD/CAD and AUD/CAD had buy signals and moved strongly higher. The NZD/CAD is trending on the W1 time frame, and this pair 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 forex signals you see below are from The Forex Heatmap® forex heatmap, which provides live buy and sell signals for 28 currency pairs. These signals are more accurate and succinct than any other free or paid signals available to traders for trading the forex market. The heatmap gives traders guided trade entry points for trending pairs and day trades.

Forex Trade Signals AUD/CAD

Forex Trade Signals AUD/CAD Chart

Today in forex trading the NZD/CAD had a strong buy signal and movement to the upside. The live buy signal from The Forex Heatmap® forex heatmap is shown below in the images, along with the strong intraday price movement. 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.

Check the intraday movement cycles in the chart below. 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 very well for profitable trae entries across 28 pairs, including 7 major pairs, and also trading signals for 21 exotic currency pairs like the NZD/CAD.

NZD/CAD Buy Signal

NZD/CAD Buy Signal – Chart

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 JPY exchange rate soared nearly 200 pips. 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 forex 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

GBP/JPY Buy Signal Chart

Today in currency trading the CAD (Canadian Dollar) pairs moved strong on CAD) weakness. See the live trading signals and alerts below in the images from The Forex Heatmap® 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 CAD/JPY also had a strong selloff today on the consistent CAD weakness. The Forex Heatmap® provides live trading alerts for 28 currency pairs in eight different currency groups, including the CAD pairs.

CAD Pairs Trading Alert

CAD Pairs Trading Alert Price Chart

Today in forex trading the GBP/JPY had a trading alert for a buy 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 heatmap is a powerful forex indicator that is part of our profitable trading system.

GBP/JPY Trading Alert

GBP/JPY Trading Alert Chart

Having a forex currency strength indicator would be an important part of any accurate trade entry system. Forex traders need accurate tools for entering trades. If you combine accurate tools that show the end user where the momentums is in the market, the success rate for forex traders would improve greatly.  These momentum indicators are for trade entry management. Combined with setting and moving stops a currency trader would be close to creating a profitable trading system.

Look at the example forex currency strength indicator below. This is called The Forex Heatmap® forex heatmap. It is a forex currency strength indicator for 28 pairs. This is an example from daily trading in the main forex trading session. In this example EUR/JPY had a clear buy signal. The Japanese Yen (JPY) was mostly weak on all pairs and the EUR (Euro) was strong. This drove the EUR/JPY sharply up.

Forex Currency Strength Indicator

Forex Currency Strength Indicator Chart

The EUR/JPY had a valid buy  signal in this trading session. Since this pair was also trending up on the larger time frames, not only could a trader have had a successful trade entry, but this pair also has ongoing pip potential due to the trend on the larger time frames. A forex currency strength indicator like The Forex Heatmap® can give you a good trade entry, but if you are trading in the direction of the major trends, there will be additional upside potential to make more pips. Movements like this of over 100 ips are what forex traders are looking for, not scalping a few pips here and there. This great indicator works for 28 currency pairs and the signals are live in the main trading session, and also the Asian trading session. Pips are possible in both forex trading sessions, and these are the best times to trade the forex market.

Another Forex Currency Strength Indicator Example

In this example, the NZD (New Zealand Dollar) is showing consistent strength in the main trading session on the heatmap. This NZD strength, combined with a small amount of CAD (Canadian Dollar) weakness, drove the NZD/CAD strongly higher on this day, a very large movement for such a low volatility pair. Here are the live signals and associated price movement.

Forex Currency Strength Indicator NZD

Forex Currency Strength Indicator NZD/CAD Movement

Once again this movement of 110 pips in one trading session is excellent and the signals are solid, indicating NZD strength. In this case, The Forex Heatmap®, the forex currency strength indicator for trade verification, worked great to give you a signals for a strong and profitable trade entry. In this article we have only shown two examples, but this system works daily in both trading sessions for 8 currency groups and 28 pairs. You can trade all of the USD, EUR, CHF pairs, etc. with this great system. We have a complete library of forex trade entry examples you can check for all of the pairs we follow.