ForexDailyUpdate

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About me Part-time FOREX trader. Goal is to log steady 20-25% account increase per year.
Joined myforexdaily
Uploading Weekly Forecast for Forex: https://www.youtube.com/channel/UCj26sX0hzLN4NsukH1I2BYA
Markets Allocation
100 % forex
Top Mentioned Symbols
GBPUSD 34% | 10 EURGBP 17% | 5 USDJPY 10% | 3 EURUSD 6% | 2
ForexDailyUpdate ForexDailyUpdate GBPUSD, 30,
GBPUSD: GBPUSD: Watch that Squeeze!
29 0 2
GBPUSD, 30
GBPUSD: Watch that Squeeze!

Traders! Just an update on the progress of GBPUSD. We're in a squeeze zone right now. Watch out for the breakout either top or bottom, always confirm with a break and close before placing orders. Good Luck!

ForexDailyUpdate ForexDailyUpdate USDJPY, 60, Short ,
USDJPY: USDJPY Broken Flag for a SHORT
74 0 5
USDJPY, 60 Short
USDJPY Broken Flag for a SHORT

Greetings Traders! We have broken through our flag pattern and are now on a small rally down. STOP: 117.830 Target 1: 116.180 Happy Trading and Happy Holidays! Check out my forecast video: https://youtu.be/HYR9zpRdueE

ForexDailyUpdate ForexDailyUpdate EURGBP, 60, Long ,
EURGBP: EURGBP SELL 'n BUY
20 0 3
EURGBP, 60 Long
EURGBP SELL 'n BUY

Greetings Traders! We have a continuation trend this week from last. SELL NOW down to 0.84670 which is part of a 0.382 retract for a LONG trend. BUY at 0.84680 STOP: 0.84000 Target 1: 0.85380 Target 2: 0.85715 Happy Trading, Happy Holidays!!! Check out my forecast video: https://youtu.be/cxoyvG-O6uQ

ForexDailyUpdate ForexDailyUpdate GBPUSD, 60, Short ,
GBPUSD: GBPUSD Selling on the Trend
26 0 4
GBPUSD, 60 Short
GBPUSD Selling on the Trend

Greetings Traders! We are continuing in our down-trend and looking to pick up where we left off last week. SELL ! 1.23190 STOP: 1.23785 Target 1: 1.22400 Target 2: 1.21115 Happy Trading, Happy Holidays!!! Check out my forecast video: https://youtu.be/C-1rFdo2H_M

ForexDailyUpdate ForexDailyUpdate EURUSD, 60, Short ,
EURUSD: EURUSD Selling On RSI
89 0 4
EURUSD, 60 Short
EURUSD Selling On RSI

Greetings Traders, We have a declining RSI which confirms at least a small retrace for the EURUSD, good opportunity to make a bit of coin on the last week of 2016. STOPS: 1.05120 Target 1: 1.04115 Target 2: 1.02990 Happy trading, happy holidays!!! Check out my forecast here: https://youtu.be/LufmzsQ6UcQ

ForexDailyUpdate ForexDailyUpdate GBPUSD, 60, Short ,
GBPUSD: GBPUSD Sell'em
32 2 5
GBPUSD, 60 Short
GBPUSD Sell'em

Greetings Traders, We have a great SELL opportunity for GBPUSD with the pair coming up against minor resistance levels can could potentially turn around at the 1.24999 mark and take us down to 1.23789, or break through the 1.24999 mark going up to 1.25030 and then back down. Currently we are now tending down so keep than in mind. STOPS: 1.25720 Target 1: ...

ForexDailyUpdate ForexDailyUpdate EURGBP, 60, Long ,
EURGBP: EURGBP Nice BUY Opportunity
17 0 3
EURGBP, 60 Long
EURGBP Nice BUY Opportunity

Greetings Traders, We have a very nice confirmed monthly retracement going on on EURGBP with a very positive RSI which is giving us a BUY signal. STOPS: 0.83050 Target 1: 0.84650 Target 2: 0.85715 Happy Trading! Check out my forecast video on YouTube: https://youtu.be/v8iacC21-cY

ForexDailyUpdate ForexDailyUpdate USDCAD, 60, Short ,
USDCAD: USDCAD Quick Sell then Wait
20 0 4
USDCAD, 60 Short
USDCAD Quick Sell then Wait

Greetings Traders, We have a nicely lined up opportunity right now for a quick sell down to support. STOPS: 1.33977 Target 1: 1.32875 Then Wait for a retrace to BUY or SELL on BBCB (Break Below, Close Below) Happy Trading. Check out my forecast video on YouTube: https://youtu.be/6sCd9DOCVBk

ForexDailyUpdate ForexDailyUpdate USDJPY, 240, Short ,
USDJPY: USDJPY Short then Long
135 0 4
USDJPY, 240 Short
USDJPY Short then Long

Greetings Traders, Here we had a huge run for USDJPY for the last couple months, time for a re-trace. Looking at retracing down to the 0.382 mark of 111.300 and a very possible continuation of more buying power left. STOPS: 121.4 Target 1: 114.75 Target 2: 111.300 Happy Trading. Check out my forecast video on YouTube here: https://youtu.be/F1F7Bqx1xZs

ForexDailyUpdate ForexDailyUpdate GBPCHF, 60,
GBPCHF: GBPCHF: Consolidation Squeeze - BUY or SELL?
10 0 1
GBPCHF, 60
GBPCHF: Consolidation Squeeze - BUY or SELL?

Greetings Traders! We have a nice consolidation squeeze that has formed on GBPCHF. RSI shows negative which is a good indicator of a downward breakout. Follow me to get updated trade updates for this pair. Happy Trading!

ForexDailyUpdate ForexDailyUpdate EURGBP, 60,
EURGBP: EURGBP: Consolidation Squeeze - BUY or SELL?
11 0 1
EURGBP, 60
EURGBP: Consolidation Squeeze - BUY or SELL?

Greetings Traders! We have a nice consolidation squeeze forming on EURGBP. RSI is showing positive price action so odds are we're expecting to break to the top-side. Follow me to get updates for this trade opportunity. Happy Trading!

ForexDailyUpdate ForexDailyUpdate GBPJPY, 240, Short ,
GBPJPY: GBPJPY: Consolidation Squeeze n' Run - SELL
59 0 1
GBPJPY, 240 Short
GBPJPY: Consolidation Squeeze n' Run - SELL

Greetings Traders! We are in strong consolidation/squeeze situation. We have a strong negative RSI trend indicating very good chance of a down break-out. If we break to the top the trade will be cancelled. Stop: 145.370 T1: 137.100 T2: 130.520 Happy Trading! https://youtu.be/CenkFao5hSQ

ForexDailyUpdate ForexDailyUpdate USDJPY, 240, Short ,
USDJPY: USDJPY: RSI vs Price Action - SELL
55 0 2
USDJPY, 240 Short
USDJPY: RSI vs Price Action - SELL

Greetings Traders! We have negative RSI built up on the trend for the past week. Looking to break the current channel to the downside and SELL with Target 1 at 104.760 and Target 2 at 101.425. Stop: 106.477 T1: 104.760 T2: 101.425 https://youtu.be/xQRZfH36sQo

ForexDailyUpdate ForexDailyUpdate GBPUSD, 60, Long ,
GBPUSD: GBPUSD: Touch n' Go - LONG
60 0 2
GBPUSD, 60 Long
GBPUSD: Touch n' Go - LONG

Greetings Everyone, Looking at a LONG opportunity here for the GBPUSD for the daily's. We haven't broken below our last low and are on the bounce-back. Looking to stay in consolidation going up to the resistance line and bouncing back. Entry: 1.31090 Stop: 1.30150 Limit: 1.32500 Happy Trading!

ForexDailyUpdate ForexDailyUpdate GBPUSD, 30, Long ,
GBPUSD: GBPUSD: Ride the Trend to Consolidation - BUY
30 0 0
GBPUSD, 30 Long
GBPUSD: Ride the Trend to Consolidation - BUY

Traders! We finally hit a clean break out on the hourly chart and looking to hit new highs. We had a pretty good price-action push to the current 1.30800's, should see a small retracement and a continuation. Looking to ride this up trend to 1.31132 level with 1-2 minor retracement along the way. Stops: 1.30165 Target 1: 1.31120 Target 2: 1.31600 Happy Trading!

ForexDailyUpdate ForexDailyUpdate GBPJPY, 60,
GBPJPY: GBPJPY: Break of Structure for BUY or SELL
27 0 0
GBPJPY, 60
GBPJPY: Break of Structure for BUY or SELL

Greetings Traders, We are currently in consolidation around the resistance level of 129.671. Looking for Monday if we break-below / close-below it would be a SELL opportunity down to 127.038. If we do not we will trend price action up to 133.316. Will keep you updated on action! Check out this outlook video for this weeks for GBPJPY: ...

ForexDailyUpdate ForexDailyUpdate AUDUSD, 60,
AUDUSD: AUDUSD: Reversal with Quick In-Out SELL
12 0 0
AUDUSD, 60
AUDUSD: Reversal with Quick In-Out SELL

Greetings Traders! Check out the video for the outlook at: https://youtu.be/t3ia9RvOA8I We have a up trend continuation that has formed. Looking at 0.45629 as a resistance/support level. Break-below this level would indicate a SELL opportunity down to the channel support or 0.75107, which ever comes first. A retest and continuation would indicate a BUY ...

ForexDailyUpdate ForexDailyUpdate GBPUSD, 60,
GBPUSD: GBPUSD: Waiting for Breakout
40 0 2
GBPUSD, 60
GBPUSD: Waiting for Breakout

Traders! We're looking at a breakout during this consolidation period on GBPUSD. Currently we're looking to retest the hourly support, watch for the breakout. If we bounce off the support we're looking to retest the resistance level and watch for a breakout. Will keep everyone updated on the progression. Please see this video for details: ...

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