Home
Futures Trading
BASIC THINGS 1) Basic Instructions
2) Discount Markets
HOW TO TRADE How To Trade
MARKET MECHANISMS 1) Basic
2) Advanced
MARKET TOOLS 1) Charts
2) Volume Profiles
3) Trading Indicators
THE SYSTEM 1) Trading System
2)Long-Term analysis
3)Short-Term analysis
3) Trading Analysis
MARKET TIMING 1) Candlestick Charts
2) Candles Patterns
3) Chart Patterns
4) Continuation Patt.
EMINI TRADING Emini Trading
E-Mini System
O/R System
Dow Futures
FOREX FX Basics
Forex systems
FX Introduction
COMMODITIES 1) Commodities
Commodity System
Oil Futures
MANAGEMENT (Risk, Mind & News) Risk Management
The Trader's Mindset
Market News
SIMULATOR Trading Simulator
FUTURES BROKERS 1)  What to look for
2) Futures Brokers
TRADING PLATFORMS Platforms Reviews
IMPORTANT Cycles
TimeFrames Analysis
"Super Tech Analysis"
ARTICLES Part 1
CONTACT, RESOURCES, ETC Contact/About Me
Resources
Disclaimer
CHARTS and QUOTES Charts and Quotes
 

The currency futures trading system generated free forex signals after the Long-Term and Short-Term currency day trading analysis.

OK my beloved friend. The currency futures trading system or "Steps" we analyzed previously, generated free forex signals (to give it a funny name, hehe!!) after the thorough Long-Term and Short-Term Forex "homework" analysis.
Remember, when currency day trading that The Market works through supply and demand levels, spotting this before The Market is open will help you decide which trades to take in a calm state of mind while currency futures trading or cash forex trading.

Ok my friend, Now let's check the Market action the following day in a 5 minute chart. (click chart to enlarge)

accurate-forex-signals.jpg

Today we could have made 3 trades let's check them and see the " free forex signals " generated (I don't know why but I like to say that!! Yihaa!!):

  • The red Circle: As you can see when currency day trading this day, The Market open below level 4. So we could have been short at level 3, although, I was expiating it to come up to level 4. Nonetheless that huge Bearish Engulfing pattern Could have signaled that the market is not moving up anymore, so shorting the weakness is a good idea, sellers are in control.

    Take into account that there is not chart pattern formation, which means, fast action by sellers just when the supply level is touched.

    Then the market bounced a little at level 2, not holding (remember level 4 and 1 are the strongest, playing in those levels are the most accurate forex signals and "safest" when currency day trading, THICK levels from the Long-Term Participant View of the Market

  • Black Circle: The Market goes down to level 1 and forms a double bottom, (one of the " free forex signals " generated ..Yihaa! when currency day trading).

    Level 1 was found in our Long-Term homework analysis before. The trade could have been exit at 1.3500 in the spike that pushes through level 2 and moves it back down before the signal in the green circle

  • Green Circle: a V-spike Into a thick demand level. Buyers step in pushing price up to almost level 3.

    The following day after this currency futures trading day, Our Black THICK line from the Long-Term Participants View analysis was reached and The Market started another Move up (uptrend) in the auction process.


  • Click here to go back to forex systems from the currency futures trading analysis

    Click here to go back to Futures Trading How To


    Essential Tools For Traders

  • Excellent Trading Lessons - FREE

  • Instant Analysis Of Where the Market Could Go Next

  • Tools to Understand the Markets

  • Trading System

  • Reader's Testimonials

    Praveen from Miami, Florida.

    First I must congratulate you on a very successful and useful site. It is practical and really helps to trade with confidence. Excellent work. Trust me when I say this...

    I have gone through thousands of sites before I came across your work and indeed it is commendable. I have one question for you. After drawing support and resistance lines on the 30 and 5 minute chart, do you then focus on a 2 minute chart and take your trades based on candlestick patterns?

    Robby from Indonesia.

    WOW, very very good materials. I've been studying market profile and supply and demand for about 2 years now. So far, I found the materials in your website to be very generous.

    Jose, Las Palmas, Gran Canaria, España.

    Hello, i only want to say you thank you for all this free information, for me that I'm a begginer all this information is pure gold.

    Thank you very much.