Daily Forex Signals by The Forex Army

TFA

Trader
Jan 23, 2020
71
4
14
36
Hi everyone,

I'll be using this thread to post my daily trading signals. They are mainly scalping and day trading signals (sometimes swing trading signals). They are generated by an algorithm but I'll create a separate analysis on it to explain how it was generated.

I have a free MT4 signal table to track all of this signals (you can even choose to autotrade the signals or copy them directly from the table). You can download it in the attached files.

View attachment 15632
The MKT button means market order. PEND button means pending order. VIEW links to our analysis of the signal.

The autotrade function allows you to automatically copy trades based on your preset criteria.

View attachment 15631

A bit of a background on the algorithm: It was created by a team of 4 people (CMT, CFTe, CFA certified, ex-advisors to the trading desks of banks and hedge funds) and it finds levels of strong Fibonacci confluence (retracements and extensions). It relies a lot on chaos theory. Occasionally adding in correlations, graphical support/resistance and price action.

Each signal comes with an entry, stop loss, take profit and risk allocation (in percentage terms). At the same time, to the best of my ability, I will include the analysis on how I got the signal.

I hope these signals will help us all make some good money together. I will be constantly posting and updating them along the way :)

Cheers,
Desmond from The Forex Army
 

Attachments

TFA

Trader
Jan 23, 2020
71
4
14
36
BUY Signal on AUD/NZD.

Entry is at 1.0468 which is a 1.272 Fibonacci extension and 78.6% Fibonacci extension.
Stop loss is at 1.0454.
Take profit is at 1.0476.

Please see GIF below on how we got the fibonacci extension levels.

audnzd 4th march signal.png

4th March AUDNZD signal.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
5th March 2020

AUD/NZD SELL Signal

Entry is at 1.0487 which is a 61.8% Fibonacci extension and 38.2% Fibonacci retracement.
Stop loss is at 1.0473.
Take profit is at 1.0495.


Please see GIF below on how we got the levels.

image (2)signal.png


5marAUDNZDsignal.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
5th March 2020

EUR/GBP BUY Signal

Entry is at 0.8597 which is at 38.2% fibo retracement and 61.8% fibo extension.
Stop loss is at 0.8528.
Take profit is at 0.8635.


Please see GIF below on how we got the levels.

eurgbpella5martable.png

eurgbpella5mar.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
5th March 2020

EUR/AUD BUY Signal

Entry is at 1.6494 which is at 78.6% pullback extension and 61.8% retracement.
Stop loss is at 1.6384.
Take profit is at 1.6594.


Please see GIF below on how we got the levels.

image.png
euarudlixing5mar.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
6th March 2020

AUD/NZD BUY Signal

Entry is at 1.04601 which is at 61.8% and 50% retracement and 100% extension.
Stop loss is at 1.04477.
Take profit is at 1.04744.


Please see GIF below on how we got the levels.

image.png
AUDNZD6marSignal.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
6th March 2020

NZD/CAD BUY Signal

Entry is at 0.8415 which is at 78.6 and 100 Fibonacci extension and 61.8 fibonacci retracement.
Stop loss is at 0.8401.
Take profit is at 0.8429.


Please see GIF below on how we got the levels.
image.pngNZDCAD6MAR.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
6th March 2020

GBP/NZD SELL Signal

Entry is at 2.062 which is at Point D in a Harmonic Bat Pattern, 161% Fibonacci extension level.
Stop loss is at 2.0688.
Take profit is at 2.0494.


Please see GIF below on how we got the levels.

image.png
gbpnzd6mar.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
9th March 2020

EUR/GBP SELL Signal

Entry is at 0.8788 which is at 61.8% Fibonacci extension and 50% retracement.
Stop loss is at 0.9035.
Take profit is at 0.8604.


Please see GIF below on how we got the levels.
image.pngeurgbpmar9signal.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
10th March 2020

NZD/CAD SELL Signal

Entry is at 0.876 which is at 50% Fibonacci retracement and 88% Fibo extension.
Stop loss is at 0.8906.
Take profit is at 0.8613.


Please see GIF below on how we got the levels.
nzdcadsignal10mar.pngNZDCADsignal10Mar.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
12th March 2020

EUR/GBP SELL Signal

Entry is at 0.8947 which is at 78.6% Fibonacci extension and 61.8%Fibonacci retracement.
Stop loss is at 0.903.
Take profit is at 0.8832.


Please see GIF below on how we got the levels.
eurgbpSignal.pngEURGBPsignal12Mar.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
13th March 2020

EUR/USD BUY Signal

Entry is at 1.1182 where we are expecting a bounce above this level to our take profit level at 1.1258.
Stop loss is at 1.1152.
Take profit is at 1.1258.


Please see GIF below on how we got the levels.
eurusd13marSignal.pngEURUSD13marSignal.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
17th March 2020

EUR/CHF BUY Signal

Entry is at 1.0554 at 78.6% Fibonacci extension and 200% Fibonacci retracement.
Stop loss is at 1.0496.
Take profit is at 1.0602.


Please see GIF below on how we got the levels.
EURCHF17mARsIGNAL.pngEurchfSignal17Mar.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
17th March 2020

EUR/USD BUY Signal

Price is approaching entry at 1.1094 where we are expecting a bounce to our take profit level. Our entry is in line with the 61.8% fibonacci extension and 78.6% fibonacci retracement.
Stop loss is at 1.1079.
Take profit is at 1.1125.


Please see GIF below on how we got the levels.

EURUSDsIGNAL.pngEURUSD17March.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
17th March 2020

NZD/CAD BUY Signal

Price is approaching entry at 0.8357 which is in line with a 61.8% fibonacci extension and retracement where we could be seeing a bounce above this level.
Stop loss is at 0.8312.
Take profit is at 0.8423.


Please see GIF below on how we got the levels.

NZDCAD.png
nzdcadSignal17MAR.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
18th March 2020

USD/CHF LONG Signal

Entry is at 0.9543 at 61.8% Fibonacci extension and 23.6% Fibonacci retracement.
Stop loss is at 0.9491.
Take profit is at 0.959.


Please see GIF below on how we got the levels. USDCHFsIGNAL.pngUSDCHFsIGNAL18MARCHV2.gif
 

TFA

Trader
Jan 23, 2020
71
4
14
36
19th March 2020

NZD/CAD SELL Signal

Entry is at 0.8351 which is a 61.8% Fibonacci retracement and 100% Fibonacci extension.
Stop loss is at 0.8403.
Take profit is at 0.8297.


Please see GIF below on how we got the levels.


NZDCADsIGNAL.png
NZDCAD19March.gif