Open Question: What is the best forex trading System/software?
Hi, what is the best forex trading system/software?Please provide links and analytical resources. Thanks!
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Forex Trade Alert AUD/USD
Forex Trade Alert for Symbol AUD/USD.
Forx Trade Alert for Friday Aug 27, 2010.
A buy signal was confirmed when this currency pair AUD/USD closed above 0.8955 on Aug-27-2010. 4xGenie Action: ==> Buy this currency pair at 0.9050 or better. Stop at 0.8770. Wave 5 could rise up to 0.9303 or to 0.9674. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here! The CCI has crossed above -100. Look for rising prices soon.
Next Day Trading Ranges for Friday Aug 27, 2010
The [R3] or the most extreme high trading range is 0.9199.
The [R2] or the extreme high trading range is 0.9098.
The [R1] or the high trading range is 0.9044.
The [P] or pivot point is 0.8943.
The [S1] or the low trading range is 0.8889.
The [S2] or the extreme low trading range is 0.8788.
The [S3] or the most extreme low trading range is 0.8734.
Next Day Alternate Stops for Friday Aug 27, 2010
The red line to the right on your chart is an extreme support or resistence level for the next trading day.
A good alternative stop is one which is placed just beyond this extreme support/resistance level.
In this particular case if the price drops below 0.8788 then that would show momentum against 4xGenie‘s long position and that would be a break out to the downside.
Please Note: These support/resistance levels are calculated by using the previous day’s trading range. Normal volatility may cause a breakout of this value once every 4 or 5 days when prices consolidate.
Current Day Trading Session:
New momentum to the upside has just started.
Next Day Trading Session:
If the next day’s close is below 0.89050 then that could be a sign that the current upward momentum is reversing.
4xGenie Support Team
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Forex Trade Alert AUDNZD
Trade Alert for AUDNZD Trade Alert for Wednesday Aug 25, 2010 On Aug-25-2010 a candlestick formation confirmed a buy signal. 4xGenie Action: ==> Buy this currency pair AUD/NZD at 1.2712 or better. Stop at 1.2474. Wave 3 could rise up to 1.2878 or to 1.3111. Today's candlestick appears in the yellow shaded [...]
Forex Trade Alert AUDNZD is a post from: TradeForexAmerica.com
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Open Question: How do I add Forex trading to a revocable trust?
My broker states “For opening forex accounts we need a copy of your Trust Agreement. Your trust agreement must explicitly permit Forex trading.” I did my trust online by myself. Is there correct verbiage to use, or just say “Forex trading permitted?” somewhere in the trust?
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Forex Trade Alert NZD/USD
Forex Trade Alert for Symbol NZDUSD1440
<Forex Trade Alert for Wednesday Aug 25, 2010>
The fourth wave may be near completion. Look for a fifth wave to form soon. The CCI is below -100. This currency pair is oversold at this time.
Next Day Trading Ranges for Wednesday Aug 25, 2010
The [R3] or the most extreme high trading range is 0.7110.
The [R2] or the extreme high trading range is 0.7078.
The [R1] or the high trading range is 0.7054.
The [P] or pivot point is 0.7022.
The [S1] or the low trading range is 0.6998.
The [S2] or the extreme low trading range is 0.6966.
The [S3] or the most extreme low trading range is 0.6942.
Next Day Alternate Stops for Wednesday Aug 25, 2010
4xGenie is not currently in a Forex Trade.
Current Day Trading Session:
No signs of upward momentum at this time.
Next Day Trading Session:
If the next day’s close is above 0.70907 then that could be a sign that new upward momentum is beginning.
4xGenie Support Team
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