Free Forex Market Daily Trading Signals: Sept 9 – 13, 2019

Welcome to Newsbeatportal Free Forex Market Trading signals page.

These are what you should expect from here:

1. I will be providing you with the Key Support and Resistance Levels from some of the Major and Minor currency Pairs every week in the Forex Market

2. I usually drop free Trade signals weekly; free Entry Point, Stop Loss position, and Take Profit 1, 2, 3.

3. You can make use of the comment box to ask your question and communicate below.

4. If you want to Learn how to Trade Forex Market like a professional, then WhatsApp or call John Paul: 07030635051

Forex, Futures, and Options trading has large potential rewards, but also large potential risks.

The high degree of leverage can work against you as well as for you.

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets.

Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose.

Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice.

We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

What is Forex?

The foreign exchange market, Forex, is the largest and most liquid one in the world. Its average daily trading volume is approximately $5 trillion. This market is decentralized, meaning that there is no middle ground for currency exchange and thus trade is conducted over-the-counter (OTC).

Forex trading opens now for the individual retail clients: they are responsible for an estimated 30% of the daily FX volume.

The FX market is open 24/5 and prices are influenced by a range of economic and geopolitical factors, which in turn trigger quick price movements and increase market volatility.

On the Forex market, the price of a national currency (for example, the US Dollar) is a reflection of how the market perceives the current and future position of the national economy.

If positive news is published, currency quotes start to rise.

If you manage to open an fx trade and wait until the price increases, you can make a profit, which will immediately display on your trading account. Close the trade and fix the income. In case the forecast was not right and the chart went down, your trade will be closed in the red and you can make a loss.

The core of fx currency trading is the following: buying one currency (it’s first in the pair), you simultaneously sell another (second one). Just like the bank exchange office, here you buy euros on dollars (or other currencies). The rate at which you purchased the European currency is an example of the EUR/USD quotes.

To understand this, look the example below (how many US dollars euro costs):

EUR/USD = 1.07407

The course of EUR/USD in forex trading shows that 1 EUR is equal to 1.07407 USD. This means that you need 1.07407 US dollars to buy 1 euro, or that you can get 1.07407 USD when you sell 1 EUR.

Euro, in this case, is the base currency (the price of which we want to determine), and the dollar is the counter currency (in which the price is expressed). Now you should always keep in mind that the base currency is the basis for buying or selling.

So, when you click Buy, you open trade to buy EUR/USD; when you click Close, you finish the trade (as if selling EUR/USD, but you really don’t need to do this). It turns out that each of your transactions is a link in an endless chain of purchases and sales. Someone has sold you and you have bought and closed the trade (sold the asset). Someone another has bought it at that moment – and so on.

We remind you that you simply join price changes as a speculator and do not physically acquire bundles of money.

Do you need more information on how to trade Forex Market? Then kindly reach out to: John Paul on 07030635051.

FREE Forex Trading Resistance and Support Levels: August 12 – 16, 2019.

Currency Pair: EURUSD
Resistance 2: 1.1060
Resistance 1: 1.1030
Support: 1.0900

Currency Pair: GBPUSD
Resistance: 1.2380
Support: 1.2200

Currency Pair: USDJPY
Resistance: 108
Support: 106.80

Currency Pair: GBPJPY
Resistance 1: 132.20
Support: 129.70

Currency Pair: EURJPY
Resistance: 118.60
Support 1: 117.60
Support 2: 116.60

FREE Forex Market Trading Signals:

There is no guarantee that market must meet all of our Take Profit targets. So, kindly take whatever you can get from the market.

Current Trade Signals: August 12 – 16, 2019.

There is no current signal for now.

Past Trades Performances:

August 5-9, 2019.

Currency Pair: EURJPY

Trade Signal:. SELL

Entry Point: 118.600

Stop Loss: 119.200

Take Profit 1: 118.100 Target Met

Take Profit 2: 117.600 Target Met

Take Profit 3: 117.100

Status: Closed.

Date: July 29, 2019
Currency Pair: EURJPY

Trade Signal: SELL

Entry Point: 120.900

Stop Loss: 121.400

TP 1: 120.400 Reached July 31,2019.

TP 2: 119.900 Reached August 1, 2019.

TP 3: 119.400 Reached August 1, 2019.


Date: July 21, 2019

Currency Pair: GBPCAD

Trade Signal: SELL

Entry Point: 1.63400

Stop Loss:. 1.63800

Take Profit 1: 1.62900 REACHED

Take Profit 2: 1.62400 Reached

Take Profit 3: 1.61000 Reached

STATUS: Closed on July 29, 2019

One Response

  1. Ifunanya Helen September 5, 2019

Leave a Reply