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. The heatmap signals are continuous and live throguhout the trading week.

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 frame 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, and the GBP pairs are quite volatile. 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 on our live indicators and this pair sold off. The sell signal from The Forex Heatmap® is shown below. This pair is approaching support at the 0.7650  area, we would scale out lots or exit any short term sells on this pair as the AUD/USD continues down to this price.

AUDUSD 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 was mostly strong. 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 for trade entry management.

AUDUSD Sell Signal Chart Price Movement

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 CAD (Canadian Dollar) was weak, the AUD/CAD had a buy signal and moved higher. The AUD/CAD had a strong overnight movement and has broken one resistance level on the W1 uptrend. This pair has additional upside potential on the W1 time frame trend. 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 0.9200 in intra day trading. 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. Traders can use the heatmap signals plus the smaller time frames to enter short term trades or exting trends on the higher time frames, like the H4 or D1. The heatmap gives traders guided trade entry points for trending pairs and day trades. We send push alerts to your cellphone so you know when the market is moving across 8 different currencies.

AUD/CAD 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® 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 on the pairs in this currency group. This pair is ranging on the smaller time frames, and it should continue up to the 0.8750 resistance area.

Check the intraday movement cycles in the chart below. Today’s movements were strong but the NZD/CAD pair is not in an uptrend on the higher time frames, it is ranging, so we are setting the 0.8750 resistance price target. The signals you see below from the heatmap work very well for profitable trade entries across 28 pairs, including 7 major pairs, and 21 lower spread exotic currency pairs like the NZD/CAD.

NZD/CAD Buy Signal

NZD/CAD Chart

Today in currency trading the CAD (Canadian Dollar) pairs moved on CAD strength. See the live trading signals and alerts below in the images from The Forex Heatmap® forex heatmap.  The USD/CAD moved lower but we consider this to be a shorter term trade since the overall trend is down on this pair.

The CAD/JPY also moved higher. This CAD/JPY is trending up on the D1 time frame and should continue up to the next major resistance area at 89.00, which is over 100 pips away from the current price. See the intraday chart movement for this pair below in the image. The CAD/JPY strong movement was due to mostly CAD strength, however the JPY was also slightly weak. The Forex Heatmap® provides live trading alerts for 28 currency pairs in eight different currency groups, including the CAD pairs. We send push alerts to your cellphone when the market is moving.

CAD Pairs Trading Alert

CAD Pairs Trading 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 154.50. 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 from 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. We send push alerts to your desktop and phone to tell you when the market is moving.

GBP/JPY Trading Alert

GBP/JPY Trading Chart

Today in forex trading the NZD (New Zealand Dollar) was weak on all pairs, and we saw live trading signals for these pairs on The Forex Heatmap®. The NZD weakness drove significant price movement. Many of the NZD cross currencies were neutral or slightly strong. So the combined pip totals on the NZD pairs was in the hundreds of pips today. The NZD/USD broke short term support levels and the overall pip potential remains strong as this pair is trending down larger trends and time frames. The GBP/NZD broke short term resistance to the upside and is also trending on the larger time frames and trends, we see ongoing potential here as well in the uptrend. The real time trading signals you see below are from The Forex Heatmap®, which provides live trading signals for 8 currency groups and 28 pairs.

Forex Trading Signals NZD Weakness

The chart setup you see below is the best in the forex industry. We use the metatrader profiles to set up the charts to match the forex heatmap for trade entries. The metatrader profiles can also be used for overall market analysis and trend analysis on the higher time frames with our forex market analysis spreadsheet tool. Using a chart setup like this will improve your trading and pip totals. You can navigate 7 charts at a time on any time frame from currency to currency just by pressing hotkeys on your keyboard. Any available pips will always be on your screen with this best in class chart setup.

Forex Signals NZD Weakness Charts

CLICK ON THE CHARTS TO VIEW FULL SCREEN

Today in forex trading The Forex Heatmap® signaled USD (US Dollar) weakness on all pairs. This drove strong price movement for traders. The GBP/USD moved up and broke one resistance level, this pair has much more upside potential and should continue higher on the W1 and MN time frames. The EUR/USD also broke out into the trends on the higher time frames and has much more upside potential. Total pip movements for all of the USD pairs was impressive and in the hundreds of pips.

We send push alerts to your cell phone to notify you when the market is moving across 8 currencies and 28 pairs. The heatmap provides live trading signals for 28 pairs, including the USD and a total of 8 currencies. Our excellent multichart system provides a much better view of the market momentum and you can navigate to each group of charts (USD. JPY, EUR, etc.) using hotkeys on your keyboard, 7 pairs at a time. All forex traders can have this great forex chart setup with the instructions on our website for setting up the metatrader profiles by individual currency on any time frame.

Live Forex Signals USD Weakness

Live Forex Signals USD Weakness

CLICK ON THE CHARTS TO VIEW FULL SCREEN

Forexearlywarning now has a Gold trading system with real time signals and professional chart setup with correlated pairs. On June 27, 2024 our live signals system for trading gold indicated strong momentum to the downside. Movements on all 8 gold pairs were consistent since the XAU/XXX cross currencies were not moving very much today.

Real Time Gold Sell Signals

Gold Charting System

XAU/USD dropped down to the 2320 level. Since the overall trend on gold is up on the larger time frames, we suggest closing out this trade as a short term sell. We expect Gold to consolidate near todays intraday lows and move back up in 1-2 days.

The indicators you see above are The Forex Heatmap® for 28 currency pairs plus gold, the heatmap is a robust real time visual tool for trading the forex market and gold. Our gold correlated pairs charting system matches the heatmap with two different time frames for XAU/USD on the right and two correlated pairs charted on the same screen. Some charting systems allow for several XAU/XXX pairs to be charted on the same screen similar to our metatrader profiles chart setup