EURCAD - Trading Signal - January 30th 2015

EURCAD has rallied sharply as economic data out of Canada has dragged down the Canadian Dollar while the collapse in the oil price has also contributed to the sell-off. I have entered my short position in this currency pair as I expect profit taking to occur and I will enter more short positions every 50 pips higher from here until we reach 1.4500. Forex traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

CADJPY - Trading Signal - January 29th 2015

CADJPY has moved lower and reached its horizontal support level. I think we will see some stability and a reversal as forex traders will cover some short positions. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 50 pips lower from here until we reach 90.40.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

NZDUSD - Trading Signal - January 27th 2015

NZDUSD has moved lower and reached its horizontal support level. I think we will see some stability and a reversal as forex traders will cover some short positions. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 50 pips lower from here until we reach 1.7335.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

AUDCAD - Trading Signal - January 22nd 2015

AUDCAD has reached its resistance level after a cut in the benchmark interest rate by the Bank of Canada caused a collapse in the Canadian currency. I have entered my short position in this currency pair as I expect profit taking to follow and I will enter more short positions every 50 pips higher from here until we reach 1.0200. Forex traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

USDCAD - Trading Signal - January 20th 2015

USDCAD has rallied sharply as economic data out of Canada has dragged down the Canadian Dollar while the collapse in the oil price has also contributed to the sell-off. I have entered my short position in this currency pair as I expect profit taking to occur and I will enter more short positions every 25 pips higher from here until we reach 1-2190. Forex traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

Silver - Trading Signal - January 19th 2015

Silver has rallied sharply after the SNB abandoned its 1.2000 floor on the EURCHF and the financial fallout from it has boosted commodities such as Silver. I have entered my short position in this currency pair as I expect it to fall victim to profit taking and I will enter more short positions every 25 pips higher from here until we reach 17.95.Commodity traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

GBPJPY - Trading Signal - January 16th 2015

GBPJPY has moved lower, but is now trading inside its support level from where I think we will see some stability and a reversal as forex traders will cover short positions. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 100 pips lower from here until we reach 172.950.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

EURAUD - Trading Signal - January 15th 2015

EURAUD has moved lower and reached its horizontal support level. I think we will see some stability and a reversal as forex traders will cover some short positions. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 100 pips lower from here until we reach 1.4130.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

MY FOREX SIGNALS EARNED 1,845 PIPS - December 2014 Update

After my last review I've published 12 new forex trades and closed six open position from the previous update. Here you'll see the overview of how they've performed for me. All of you who follow and enter the recommended forex trades in your forex portfolio should have similar outcome as me depending of when you enter and exit the trades.

Here is my forex trading overview

1. EURCHF Long @ 1.2060 - October 23rd 2014, Exit @ 1.2090 on December 18th; 30 pips in profits 
2. EURCHF Long @ 1.2040 - November 6th 2014, Exit @ 1.2090 on December 18th; 50 pips in profits
3. EURCHF Long @ 1.2015 - November 17th 2014, Exit @ 1.2090 on December 18th; 75 pips in profits
4. GBPJPY Short @ 182.700 - November 18th 2014, Exit @ 185.700 on December 1st; 300 pips in losses
5. EURAUD Short @ 1.4625 - November 25th 2014, Exit @ 1.4800 on December 17th; 175 pips in losses
6. EURCAD Short @ 1.4210 - November 29th 2014, Exit @ 1.4200 on December 4th; 210 pips in profits
7. GBPJPY Short @ 186.100 - December 1st 2014, Exit @ 182.100 on December 16th; 400 pips in profits
8. EURUSD Long @ 1.2380 - December 2nd 2014, Exit @ 1.2530 on December 16th, 150 pips in profits 
9. Silver Short @ 16.50 - December 4th 2014, Exit @ 15.60 on December 31st; 900 pips in profits
10. EURAUD Short @ 1.4840 - December 8th 2014, Exit @ 1.4440 on January 12th; 400 pips in profits
11. EURUSD Short @ 1.2380 - December 9th 2014, Exit @ 1.1780 on January 8th; 500 pips in profits
12. CADCHF Long @ 0.8440 - December 11th 2014, Exit @ 0.8610 on January 8th; 150 pips in profits
13. AUDUSD Long @ 0.8215 - December 16th 2014, Exit @ 0.8100 on December 23rd; 115 pips in losses
14. CADJPY Long @ 100.45 - December 17th 2014, Exit @ 103.45 on December 23rd; 300 pips in profits
15. AUDUSD Long @ 0.8130 - December 18th 2014, Exit @ 0.8200 on January 11th; 70 pips in profits
16. GBPUSD Long @ 1.5610 - December 22nd 2014, Exit @ 1.5110 on January 8th; 500 pips in losses
17. GBPCHF Short @ 1.5330 - December 23rd 2014, Exit @ 1.5480 on December 31st; 150 pips in losses
18. GBPUSD Long @ 1.5570 - December 30th 2014, Exit @ 1.5420 on January 2nd; 150 pips in losses

Total profits: 1,845 Pips, 18 Trades, 12 Profitable Trades, 6 Losses, 0 Open positions 

I run this forex and commodity portfolio at PaxForex and each day I make more and more profits with their trading conditions.

EURCAD - Trading Signal - January 8th 2015

EURCAD has corrected before the selling was stopped inside its support level from where I think we will see a reversal. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 100 pips lower from here until we reach 1.3680.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

USDCAD - Trading Signal - January 6th 2015

USDCAD has rallied sharply and I think forex traders will look to take some profits inside its resistance level from where I think we will see a reversal. I have entered my short position in this currency pair as I expect it to trend lower and I will enter more short positions every 50 pips higher from here until we reach 1.2040.Traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

GBPJPY - Trading Signal - January 5th 2015

GBPJPY has corrected before the selling was stopped inside its support level from where I think we will see a reversal. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 50 pips lower from here until we reach 183.150.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

NZDUSD - Trading Signal - January 2nd 2015

NZDUSD has dropped sharply before the selling was stopped inside its support level from where I think we will see a reversal. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 25 pips lower from here until we reach 1.7490. I expect traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.