We give live trade signals on Futures and Forex. All our trade signals are given using advance pending orders. And every trade alert has a precise entry, stop-loss and target.
We give Futures trade signals every trading day from 8:45am Eastern Time to 12pm Eastern Time (on occasions we continue past 12pm ET).
You can execute the trades yourself in our Live Room or, if you prefer to be hands-off, we are partnered with a registered U.S. broker listed with the Chicago Board of Trade (CBOT) since 1988 that will execute our trades in your own account directly.
All the trade entries are advance pending orders so you have plenty of time to enter them into your platform. We call the trades verbally in the chat room and mark the trades on our charts. Each trade will have a precise entry level, stop-loss and target.
Most trades risk between $125 and $190 per contract traded and all trades have a risk to reward of at least 1:1 and up to 1:2.
Importantly, the signals are very easy to follow and we take our time before placing our trades.
Nearly all the trades are intraday trades but on occasion we’ll have a trade that can be held overnight.
Click here to read more about our trading method for Futures.
On average, we execute between 4 and 5 trades a day. Some days are very quiet where we manage just 1-2 trades and some days are much busier with up to 10 trades. We never force our trades — we observe market conditions and stick to our rules. Historically, this has resulted in 9 out of 10 trading days being profitable.
We deliver our Forex trades from 6am ET to 1pm ET, Mondays to Thursdays. You can receive the trades on a smartphone, tablet or desktop.
The trade entries are given as advance pending orders and typically appear from 5 minutes to 30 minutes in advance of the entry being triggered. That means you have plenty of time to enter the trades on your platform. And every trade will come with a target and stop-loss.
On average, the profit target are between 50 pips and 150 pips and the stop-losses are between 25 pips and 50 pips.
Click here to read more about our trading method for Forex.
Charlie began his trading career in the early 1990s as a floor trader in Chicago and later as an institutional trader on behalf of Credit Suisse.
In 1990, he became certified by the Chicago Board Options Exchange (CBOE) to teach option strategies to brokerage firms and their clients. In 1991, he graduated from the International Trading Institute run by Tony Saliba (Tony Saliba was profiled in Jack Schwager’s classic book, Market Wizards).
Between 1991 and 1998, Charlie was a member and floor trader of the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME).
As a CBOT member, Charlie traded T-Bonds, Soy Beans and Corn futures contracts. His trades were mostly outright position trades with some product arbitrage. With the CME, he traded S&P and Eurodollar futures. He traded these markets again as position trades and he also traded as a “program trader” – trading the spread between the cash index and futures price with the S&P 500 and OEX synthetic contracts.
Between 1999 and 2002, Charlie was the head trader for a CTA fund. His performance with the CTA led to a separate $50m allocation from Credit Suisse.
Over the last decade, Charlie has been advising and trading for proprietary trading groups as well as trading his own funds.
Charlie resides in Chicago, Illinois, USA.
Huzefa began trading in 2000 starting with UK and US equities and equity options. He gravitated towards technical trading, building his own trading rules and systems. After working with leading firms including Deloitte and PricewaterhouseCoopers, he left a career in finance to begin trading Forex in 2005.
In 2012, Huzefa was appointed by DailyForex.com as their Senior Analyst. His published articles cover technical trading strategies and market analysis. In the same year, Huzefa was invited to be a speaker at the 2012 Las Vegas Forex & Options Expo and the 2012 Toronto MoneyShow. Today, Huzefa attends numerous trading events both as an attendee and speaker.
In 2015, Huzefa joined the Canadian Society of Technical Analysts.
In addition to trading, Huzefa enjoys mentoring traders of all levels, communicating his ideas and developing a shared learning environment.
As the original founder and dedicated administrator for SimplyProfit and TheForexRoom, he wishes to provide the best possible user experience for the members to develop their successful trading careers.
Huzefa resides in Toronto, Canada.
Tim first turned his attention to the financial markets in early 2006 during his first year at University and his interest was further expanded when as a Systems Analyst for TD Ameritrade, he taught employees the newly released platforms as the firm expanded into Forex and Futures.
Tim spent the first three years trading US equity options and developing his own methodologies to accurately gauge the change in Options pricing.
In 2009, Tim began developing a systematic intraday trading strategy for the S&P futures market. In 2010, the strategy was adapted to the Forex market in collaboration with Huzefa Hamid. Today, this strategy is traded entirely on the Forex market.
Outside of trading, Tim graduated from the University of North Texas in 2010 where he double majored in Computer Science and Sociology.
Tim counts trading as one of life’s passions and endeavors to perform at the highest levels of his chosen vocation.
Tim resides in California, USA.
Greg has spent most of his professional career in research roles—first at two of the major credit rating agencies, and then at the two largest Canadian banks. The roles gave him broad exposure across different asset classes and cemented a career in the markets and towards trading.
At both banks, Greg was a Senior Currency Strategist as part of a team that generated market forecasts. In particular, he was responsible for driving a Canadian dollar forecast that reached a top 5 global ranking from 2013 to 2015.
Beyond forecasting, generating specific FX trade ideas for clients was the biggest part of his role at the banks—and the part about which Greg was most passionate.
Technical analysis has always been an important part of his trade ideas of any time horizon. Now with his focus on intraday trading, technical analysis is the essential tool for Greg’s ideas.
Greg trades both Futures and FX, and he works closely with Charlie as part of SimplyProfit to develop the live trades in the room.
Greg holds the Chartered Market Technician (CMT) Level 2 certification.
Greg resides in Toronto, Canada.
The strategies used to call trades in the room are sequential, repetitive and tested. We use the same set of criteria in each strategy so we can reliably perform and not trade in unchartered territory.
All our trading signals and calls come with an entry, profit target and stop-loss. Without any of these three elements it cannot be called a strategy.
We trade for a living and we execute our own trading signals in our live accounts.
For more than a decade, Charlie has been trading his own core strategy that he developed from his years as a floor trader at the Chicago Board of Trade (CBOT) and Chicago Mercantile Exchange (CME). He has used this strategy for his own account as well as to trade client money, including when he traded institutional money for Credit Suisse as the head of a CTA.
The strategy uses a single type of chart without any additional studies or indicators. This simplicity makes the method highly robust and gives it longevity. For example, since Charlie joined SimplyProfit in September 2015, he did not have more than two losing days in a row.
The method is purely technical – it uses only price information and does not interpret any fundamental or economic data. He pays attention to the economic calendar by adjusting the size of stop-losses and targets prior to major announcements when volatility typically picks up.
For each market that Charlie trades, he uses a specific setting on the price chart he analyzes. He uses this setting on the chart to find areas of isolated support or resistance that would create a pause or reversal in the market. In particular, he avoids placing trades in areas of congestion.
Charlie’s method uses limit orders to enter the market (these are advance pending orders). Every single trade has a specific entry, stop-loss and target.
Typically, Charlie will execute between 4 and 5 trades every morning. Some trading days are quieter than others with just 1 or 2 trades and some days are much more active with 10 or more trades.
Charlie trades the following Futures markets: S&P (ES), NASDAQ (NQ), Russel (TF), U.S. Treasury Notes (ZT, ZF, and ZN), T-Bond (ZB), Eurodollar futures (GE) and Oil (CL). Occasionally he’ll spot trades outside of this list and provide the additional trade signals.
Tim’s strategy is a two-step process: the first step is a macro view of the charts which identifies the key price levels; the second step is a tick-chart with a systematic entry procedure when prices reacts to the levels identified in the macro view. It is a repetitive process that remains the same regardless of which Forex pair is being traded.
The macro view begins with the 4-hour and Daily timeframes. The most recent support and resistance levels are marked out manually on the chart as well as the key Fibonacci levels from the most recent highs and lows.
Tim then looks for a 4-hour candle or a Daily candle to reject one of his pre-determined levels to produce either a long bias or a short bias.
The second step then uses a set of systematic rules on a tick-chart to enter trades in line with either the long or short bias found on the 4-hour or Daily chart.
A tick-chart is comprised of candles that complete after a certain amount of “tick volume”. Because a tick-chart isn’t a time-based chart, each candle can take a different amount of time to complete depending on the level of activity in the market. The strategy uses a specific tick-chart setting for each Forex pair. For example, EUR/USD uses 233 ticks per candle whereas GBP/USD uses 512 ticks per candle.
Derived from the tick-chart are two indicators: an ATR or Average True Range indicator and a MACD histogram indicator. There is a ruleset for both indicators that must be met for a trade to be triggered.
Tim does not open new trades immediately before or after a major economic news release, such as the US Non-Farm Payroll numbers or European Central Bank monthly interest rate announcements. At these times, the markets present a greater exposure to risk relative to a potential reward.
All trades use advance pending orders. Typically the orders are placed between 5 minutes and 30 minutes in advance of a trade being triggered. For every trade signal produced by Tim, there will be a specific entry, stop-loss and target. On average, the targets are between 50 pips and 150 pips and the stop-losses between 25 pips and 50 pips.
Tim monitors about a dozen Forex pairs and executes between 1 and 4 trades a day.
Using this two-step approach of a macro view followed by a lower timeframe with systematic entry and exit rules means that the strategy controls risk very well and produces high win-rates. On a weekly basis, Tim’s trade alerts have been profitable more than 8 weeks out of every 10 weeks.
Over time, I grew as a trader with the room; I became more disciplined and I learned to follow the rules that are set and not deviate from them.
Shyam Vyas, UK | March 2016