Fxlevels - trade recommendation

Discussion in 'Journals' started by fxlevels_danny, Mar 13, 2006.

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  1. Hi everybody! I'm Danny.

    I will post daily trade signals and update the signals performance here everyday
    And all the trade result and news will edit in my first post.

    All forex signals information and forecasts are provided by Pi23 and Fxlevels.

    The Fxlevels strategy accomplished by combines economic news, indicators analysis and the best support/resistance levels (Pi23) to generate trend forecasts and trade signals.

    Hopefully, we can make consistent profit in every week and generate more positive pips in this thread.

    I really hope that all of you can give me full support and comments.

    Happy trading~~

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    Information for using signal:

    Currency pairs: eur/usd, usd/chf, usd/jpy, usd/cad and gbp/usd

    Signals are normally given during the European session 07:00~~19:00 GMT+0

    Signals are remain valid until next day 7:00 GMT+0

    'Conservative' trade signal - A simple and conservative trade signals.
    'Active' trade signal - For aggressive trader, minimize loss and Maximize profits of ours trade signals.

    Example:

    Those traders who traded 10 lots in 'conservative' trade signal, if they want to use the 'aggressive' trade signal, which you have to partition into 3 lots (30%), 4 lots (40%) and 3 lots (30%), total 10 lots (100%).>>

    The percentage means your trade size adjustment.

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    Risk management guide:>>

    *Never increase your risk percentage more then 5% of your account balance on any one trade.

    *Habitually set the stop-loss and take profit on any one trade.

    *Do not let greed and fear influence your trade, be emotionless.

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    'Conservative' signal result:

    'Active' signal result:
     
  2. EURUSD Important levels: 1,1995/19

    'Active' trade signal :
    Sell 30% 1,1995 S/L 1,2023 T/P 1,1960
    Sell 40% 1,2001 S/L 1,2033 T/P (whole position with this above) 1,1990
    Sell 30% 1,2008 S/L 1,2039 T/P (whole position) 1,1999

    'Conservative' trade signal :
    Sell 1,1999 S/L 1,2033 T/P 1,1960
     
  3. USDJPY Important levels: 119,29/49

    'Active' trade signal :
    Sell 30% 119,29 S/L 119,59 T/P 119,00
    Sell 40% 119,39 S/L 119,69 T/P (whole posiotion) 119,23
    Sell 30% 119,45 S/L 119,73 T/P (whole position) 119,34

    'Conservative' trade signal :
    Sell 119,33 S/L 119,66 T/P 119,00
     
  4. 15-March2006

    07:50 GMT+0



    USDJPY Important Levels : 118,08/32

    'Active' trade signal :
    Buy 50% 118,31 S/L 117,96 T/P 118,50

    Buy 50% 118,15 S/L 117,93 T/P (whole position) 118,43

    'Conservative' trade signal :
    Buy 118,30 S/L 117,96 T/P 118,49

    ------------------------------------------------------------

    EURUSD Important levels: 1,1995/19 - (same as yesterday)

    'Active' trade signal :
    Sell 30% 1,1995 S/L 1,2023 T/P 1,1960
    Sell 40% 1,2001 S/L 1,2033 T/P (whole position) 1,1990
    Sell 30% 1,2008 S/L 1,2039 T/P (whole position) 1,1999

    'Conservative' trade signal :
    Sell 1,1999 S/L 1,2033 T/P 1,1960
     
  5. 16-March2006
    07:50 GMT+0

    USDJPY Important Levels : 117,69/99

    'Active' trade signal :
    Sell 50% 117,70 S/L 118,05 T/P 117,23
    Sell 50% 117,95 S/L 118,23 T/P (whole position) 117,73

    'Conservative' trade signal :
    Sell 117,71 S/L 118,05 T/P 117,23
     
  6. Result so far :

    'Active' trade signal:
    eur/usd : -30.5
    usd/jpy : -28.5

    'Conservative' trade signal :
    eur/usd : -34
    usd/jpy : -34
     
  7. 16-March2006
    13:50 GMT+0

    USD/CAD Important Levels : 1,1598/14

    'Active' trade signal :
    Sell 80% 1,1600 S/L 1,1635 T/P 1,1571
    Sell 20% 1,1614 S/L 1,1645 T/P (whole position) 1,1581

    'Conservative' trade signal :
    Sell 1,1600 S/L 1,1635 T/P 1,1573
     
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